Keep your loss at an acceptable level - page 3.

Natsuu

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Quote from: josgandosbro on December 20, 2020, 10:46:47 AM

It is natural to say that because they have lost a lot of money there, they are frustrated and do not know how to recover those losses. greed that sometimes makes people forget the risks that must be faced

Yes, and that clearly can be a very valuable lesson in their life, because it is very difficult to suggest a greedy person, so one solution is after they have suffered a big loss so that it can make them quickly aware of the actions they have done before.

Indeed, greed is something we want to just disappear from ourselves, but it just like something that is partly impossible as it was part of our individuality. To be able to control greed will be the best feeling. Discipline As I suggest in many other threads. Discipline in trading will keep us on the right track, and avoid ourselves from unnecessary emotion such as anger or guilt.

Btra

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MYID

The loss is very evident and a must for the trader but in crypto trading, you couldn't minimize or control while you go into the dip. Basically, if you are trading the top 20 or top 50 cryptos maybe you will get your previous price at which you had bought but for the crypto which is new and uncertain you never get back even your purchased price. So, be cautious while you are in crypto trading otherwise you will get into a severe loss.

josgandosbro

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Quote from: FanEagle on July 11, 2020, 04:05:59 PM

Yes you’re hundred percent right about this, there is nothing wrong here. Some people I see don’t want to accept that there are risks involved in trading cryptocurrency or any other assets. They just say it like there are no risks at all, and they are only talking about making profit and allowing their greed to take over the decisions they make, which is totally wrong. They are forgetting that if you’re not careful in this market you’re going to lose your money. And the ones that annoy me the most are the ones that will lose money and they come back to say that it’s a scam lol.

It is natural to say that because they have lost a lot of money there, they are frustrated and do not know how to recover those losses. greed that sometimes makes people forget the risks that must be faced

Benefactor

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I generally state that the best benefit is cash that goes pocket. Consequently, the initial step should be to decide the cash to be lost and afterward the objective to be procured should be resolved. I fix misfortune, we should follow the motivation behind why it occurred to stay away from a similar misstep once more.

viananda2525

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Quote from: soetikno on December 20, 2020, 03:06:41 AM

investing in crypto must be ready to accept losses and profits, if only you get profit, loss is also part of the risk, ready to invest and trade and be ready to accept risks, long term and using free money is the best thing to invest and look for coins that top

profit and loss were unseparate part in our trading , we must understand and able to manage risk that may occur in our trading journey. capability in risk managing will save us from margin call an big mistake that may make our money totally loss.

Quote from: husdemba on December 20, 2020, 02:27:37 AM

I think the secret to success in trading is not to emotionally bond with investment tools. When investing in something, we have to set goals. If we don't sell when the time comes, the value of that thing will definitely decrease Undecided

trading plan will be solution for it ,it will help us alot to defince when we enter to market and quit for liquidate profit or cut loss.

soetikno

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investing in crypto must be ready to accept losses and profits, if only you get profit, loss is also part of the risk, ready to invest and trade and be ready to accept risks, long term and using free money is the best thing to invest and look for coins that top

Review Master

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Quote from: husdemba on December 20, 2020, 02:27:37 AM

I think the secret to success in trading is not to emotionally bond with investment tools. When investing in something, we have to set goals. If we don't sell when the time comes, the value of that thing will definitely decrease Undecided

That's the main point where most of us don't maintain our portfolio. Basically, we should not wait for more profits whenever it's on top price and we can secure our main capitals. To be honest, it's just a simple thing that we can profit out our initial funds and then we can wait for more pump as it won't affect on our porftfolio.

husdemba

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Pepemo.vip

I think the secret to success in trading is not to emotionally bond with investment tools. When investing in something, we have to set goals. If we don't sell when the time comes, the value of that thing will definitely decrease Undecided

goddess116

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Quote from: nutriagrigia on April 22, 2020, 07:01:06 AM

professional traders never think about what kind of market is right now. they simply follow technical analysis and they are constantly looking for entry points to different tools. the trader always earns.

I think that is impossible professional traders always earn, even if they are professional, they will make mistakes someday, because they are human, not robot. But i think the great thing about them is that even though they make mistakes, they can quickly adjust to complete the counterattack.

Rexler

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Quote from: Lorokan on April 22, 2020, 05:31:29 AM

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Win or lose is how trading works, you can't always expect all your trades to always be profitable there will always be days where you will lose hugely and you will feel like quitting, but having a loss one day doesn't really matter you can lost 10 trades but just 4 trades you get right will definitely make you recover the money you lost in those 10 trades and will even give you some nice profits on top of that, so whenever you have a bad day don't sweat over it, it just how the market works.

fishbonez11

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Quote from: Lorokan on April 22, 2020, 05:31:29 AM

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Losing is part of the trading, price doesn't usually pump, it sometimes goes down. But according to studies, those who hold long term gets higher chance of gaining profit. Short trader usually losses big amount. It takes loses to familiarize the trend of crypto. Even those who are well experience still loses profit. When doing trading, be ready to lose and only trade what you can afford to lose.

zaim7413

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Quote from: Lorokan on December 20, 2020, 12:42:36 AM

A good way to not mess up your trade is to use OCO (Stoploss) functions on the exchange; after you have purchased and made your investment; you can set up the oco to limit your losses options, so that instead of missing out entirely on your capital, you atleast have little losses and can move on to other trades . ALSO, you cannot panic while trading crypto currency token. so work on your emotions and trading psychology.

Even though I already know about the existence of OCO (Stoploss) on several exchanges, the solution you provide is clearly very good for everyone who trades using emotion, especially for beginner traders who have just jumped into several crypto exchanges.

Lorokan

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Quote from: criket on July 11, 2020, 08:26:53 AM

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Once you can control the emotions in this market, I believe you have become a professional trader and can make huge profits from it. Most people in this market lose money because they cannot control their emotions, always panic when prices fall or fomo when prices rise.

at the beginning of the trade and investment that I did, I also felt the same problem. easy to panic and always impatient. after a few investments and trading that I did, I just realized that it messed up the plan that I had made well.

A good way to not mess up your trade is to use OCO (Stoploss) functions on the exchange; after you have purchased and made your investment; you can set up the oco to limit your losses options, so that instead of missing out entirely on your capital, you atleast have little losses and can move on to other trades . ALSO, you cannot panic while trading crypto currency token. so work on your emotions and trading psychology.

FanEagle

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Quote from: Lorokan on April 22, 2020, 05:31:29 AM

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Yes you’re hundred percent right about this, there is nothing wrong here. Some people I see don’t want to accept that there are risks involved in trading cryptocurrency or any other assets. They just say it like there are no risks at all, and they are only talking about making profit and allowing their greed to take over the decisions they make, which is totally wrong. They are forgetting that if you’re not careful in this market you’re going to lose your money. And the ones that annoy me the most are the ones that will lose money and they come back to say that it’s a scam lol.

memed97

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Quote from: Lorokan on July 11, 2020, 05:50:39 AM

This is a good insight, and one reason why every trader must first learn to understand the market language, understand if the market is showing bears or bulls. It should be the first step before you start analysis for gains. Always dyor. and remember to use stop loss too.

Yes, sometimes traders who are new to crypto forget to use the stop loss feature, which feature is very useful to protect a trader from loss, because market conditions that often change within minutes make someone have to use it.

criket

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Quote from: ?? on ??

Once you can control the emotions in this market, I believe you have become a professional trader and can make huge profits from it. Most people in this market lose money because they cannot control their emotions, always panic when prices fall or fomo when prices rise.

at the beginning of the trade and investment that I did, I also felt the same problem. easy to panic and always impatient. after a few investments and trading that I did, I just realized that it messed up the plan that I had made well.

Jannyh

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Traders do not have the capabilities to control any market after doing their technical analysis and entering a trade but some times along the line a fundamental analysis could alter the direction of the trade at such instance the trader has to accept the loss that is why there is stop loss, always use stop loss because an unforseen circumstance could cause a loss.

coolon

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Quote from: B.wealth on July 11, 2020, 05:43:14 AM

I do not know if i should term it overzealousness or perhaps anxiety. Because for every trader that picks up profit almost daily or hourly; they find it hard to accept the true fact that the market can go against them; this keeps them in the trade; forcing trades and trying to get a profit to overturn the loss. Simply because they do not want to accept defeat.

My dear traders; the market will not always speak or dance to your tunes; there are some times when you simply have to close your laptop and avoid trade for few hours; learn to do that, and you won't have more losses.

You are right, there is no trader who does not get losing trades. Professional traders even have a number of losing trades, and you need to come to terms with this and take control of your emotions so as not to lose more. I myself at the beginning of my trading career traded on emotions and made rash actions that led to the loss of money. But there are people who can not cope with emotions, it is better not to engage in trading. If they strongly want to be a market participant, they should just invest in long-term.

Lorokan

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Quote from: B.wealth on July 11, 2020, 05:43:14 AM

I do not know if i should term it overzealousness or perhaps anxiety. Because for every trader that picks up profit almost daily or hourly; they find it hard to accept the true fact that the market can go against them; this keeps them in the trade; forcing trades and trying to get a profit to overturn the loss. Simply because they do not want to accept defeat.

My dear traders; the market will not always speak or dance to your tunes; there are some times when you simply have to close your laptop and avoid trade for few hours; learn to do that, and you won't have more losses.

This is a good insight, and one reason why every trader must first learn to understand the market language, understand if the market is showing bears or bulls. It should be the first step before you start analysis for gains. Always dyor. and remember to use stop loss too.

B.wealth

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Activity: 78

Merit: 1

I do not know if i should term it overzealousness or perhaps anxiety. Because for every trader that picks up profit almost daily or hourly; they find it hard to accept the true fact that the market can go against them; this keeps them in the trade; forcing trades and trying to get a profit to overturn the loss. Simply because they do not want to accept defeat.

My dear traders; the market will not always speak or dance to your tunes; there are some times when you simply have to close your laptop and avoid trade for few hours; learn to do that, and you won't have more losses.

Topic: Keep your loss at an acceptable level - page 3. (Read 1373 times)