Keep your loss at an acceptable level - page 7.

Lexurdania

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Quote from: SacriFries11 on April 28, 2020, 02:51:24 AM

Quote from: AD Node on April 27, 2020, 11:11:41 PM

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.

It's called Fundamental Analysis.
Some traders are really good enough to make money even it's green or red. They are used to the situation and experience helps them a lot. The right entry and exit points which they analyze it not only a single method but more methods which they are sure enough to gain profit no matter how is the position of the market. Going in technical analysis gave them advantage to keep them alive in the market.
New traders should accept the facts that it's hard in the beginning, it's a process. Risk is clearly attached to every trades as well as loss.

In every transaction we do, there is always a risk and we must be able to anticipate it so that no greater loss occurs. Doing money management is also important so that we are not trapped to invest in only one or two coins

SacriFries11

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Quote from: AD Node on April 27, 2020, 11:11:41 PM

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.

It's called Fundamental Analysis.
Some traders are really good enough to make money even it's green or red. They are used to the situation and experience helps them a lot. The right entry and exit points which they analyze it not only a single method but more methods which they are sure enough to gain profit no matter how is the position of the market. Going in technical analysis gave them advantage to keep them alive in the market.
New traders should accept the facts that it's hard in the beginning, it's a process. Risk is clearly attached to every trades as well as loss.

tabas

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Life of a full-time trader is hard, they're prone to losses and sometimes they're more on losing than profit. I'm not a full-time trader but it's a fact that everybody should know. But it's part of their lives and they can maintain that kind of living, they're living in a risk.
They might seem to live like the gamblers but they know how to read charts and they can take losses as long as they do the right decision.

smyslov

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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

I'm not into the trading well I used to but not anymore, but news and existing events have a factor on most of your decision to trade, following events and circumstances is also one good parameters to decide on the right time to buy and to sell, the markket react on a given situation.

joshua123

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Quote from: AD Node on April 27, 2020, 11:11:41 PM

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.

Investors are not necessary to study if youre a rich investor. They can hire a lot of expert on trading or advisor on trading which stock or even cryptocurrency they should bet. On a traditional trading market, there are agents who are doing this for investors and some are still employing that even up to cryptocurrency era. Loss is a loss and trader and investors should not be sway by their feelings when this happen but of course they shoulf be able to think calmly on their next move to avoid another deafeating state to the market.

AD Node

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It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.

pixie85

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I like to blame the market. It allows me to release some steam when the trade doesn't go well.

By all means react to the market but don't just take it as it is. You're human and you should be emotional. Just don't let those emotions take over and dictate your future actions.

Kasabus

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Quote from: Rubick99 on April 27, 2020, 05:18:53 PM

Yeah, we need to relax when our analysis get wrong, it's purely how the market work. So, when we have a loss on the market, we can learn something that can make us better again. So, we must set our stop-loss in every single trade, make it 5% from balance or whatever that you can accept it. It's ok to loss, but the most important thing we can still make profit another day, we have limitless opportunities on the market.

Yes. There are limitless opportunities in the market but it's up to us how we can seize them. Losing is normal but we should also learn how to minimize it and keep it at an acceptable level. With this current global crisis, we may lose somehow but we can still make profits despite of the market's volatility.

shollyen

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Quote from: Rubick99 on April 27, 2020, 05:18:53 PM

Yeah, we need to relax when our analysis get wrong, it's purely how the market work. So, when we have a loss on the market, we can learn something that can make us better again. So, we must set our stop-loss in every single trade, make it 5% from balance or whatever that you can accept it. It's ok to loss, but the most important thing we can still make profit another day, we have limitless opportunities on the market.

Trading is a competition and everyone is competing to win and not to lose, but the fact is that some will lose, while others will gain. So, it is true to say that if you are using, the best is that you retreat, so it does not become unbearable or a huge loss that cannot be manged again.
So, with a well-managed loss, you can still regain some other time. You lose today, you gain tomorrow and gradually, you keep on learning the secret behind trading.

Rubick99

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Yeah, we need to relax when our analysis get wrong, it's purely how the market work. So, when we have a loss on the market, we can learn something that can make us better again. So, we must set our stop-loss in every single trade, make it 5% from balance or whatever that you can accept it. It's ok to loss, but the most important thing we can still make profit another day, we have limitless opportunities on the market.

South Park

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Quote from: Lasky366 on April 22, 2020, 05:04:06 PM

well if you are a trader don't be serious about making profit first. You need to learn what is trading.how this goes? Where should buy tokens.Then make a investment what you afford to lose.Don't put your all eggs in same baskets. O mean don't buy just one coin/token costing your all money.

This is another important lesson, most newbie traders think they are going to be able to make millions of dollars in a relatively short amount of time, while truth to be told if you are able to breakeven after one year of trading you will be in a better position than 95% of the traders out there, and the only way to do that is to trade in a way that keeps your losses at an acceptable level, once you have accomplished that goal then you can improve your system and finally obtain some profits.

trauchot

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Of course, a novice trader will always have difficulties from the very beginning, and will often lose money, but gradually, with experience in trading, we make fewer mistakes and go to a new level, so you always need to go forward and improve yourself.

bitgolden

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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. As a trader, nobody is above losses, it happens. Though I do see people that claim they are experts and never experience losses. These are the people that usually Photoshop their report to live up to their fake claims lol. But the truth is that nobody is above mistake , so anyone claiming that they are 100% perfect is clearly lying to others.

And it’s always good to do research and know what’s happening, and where the market is really heading to before you start trading; technical analysis is very important. When traders lose, they are not really blaming it on the market, rather there are events that happen that led to the market taking a dip and them losing their money, so they pour their anger on whatever caused it lol.

totoy4741

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Quote from: Winscosinally on April 22, 2020, 07:06:00 AM

See it's either the market price goes up or down, and this two factors are present for any trader to take advantage of, you can make profits from red or green market and yes it's impossible not to lose in trading, before you can have your own strategy you will lose or sure

Yeah, because wether it is in bearish there are times that the maket would go up even just a little bit and in that where they have exploit the opportunity to put their entry but still have to be cautious to loss it all, same thing with bullish market. It is really up to them when they would make an entry and when to stop for gain of profits or loss.

Iyeman

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Quote from: cassavachips on April 23, 2020, 02:05:10 AM

Indeed like that, whatever the market conditions, traders still have to trade even though the risk increases. Basically entering the cryptocurrency market is already risky. So, keep doing it with pleasure as usual

As long as you can manage the risk properly and you will get a small chance to get a loss in the market. There are so many people entering the market randomly without try to know more about various factors that also gave a huge impact to the market too. This is why fund management, fundamental management and risk management must be done properly.

Balili

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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
It's just acting out of emotions that leads people to accure blame to one factor when they loose. Nobody needs pain but it's part of life, the same people who blame factors when they loose don't blame any factor when they make profits. Traders should just be vigilant over their trades and I believe people should trade what they can afford to loose to avoid heart attacks

Ifemini

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There are consequences for every action

Quote from: sangjoewara on April 23, 2020, 12:45:04 AM

Quote from: Kezacky on April 23, 2020, 12:32:32 AM

keep losses at a level we can accept? I think this step can be done by anyone, including old traders and new traders by trading using small capital. at least not experience a high amount of loss. it's important for anyone not to be greedy and be patient when trading.

Yes, that's right, but for old traders who are very professional and already have a lot of knowledge in trading, of course they will use a large capital when trading, because they already dare to make risks and no longer afraid to lose.

I think i like the keyword you have used. RISK & NOT AFRAID TO LOSE

Before you can term yourself as a trader, this are the core qualities you need to master; it helps your decisions, guides your courage and keeps you in check.
For me, the best way to keep your loss at an acceptable level is by ensuring to make more profits than loss in a trade; that way the loss won't be felt one bit.

Maackayon1

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Sometimes you can be caught in even with all proper analysis done. Most times it's always a patience as it usually pays off. But if patience is not in place you can accept any loss and move on.

cassavachips

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Indeed like that, whatever the market conditions, traders still have to trade even though the risk increases. Basically entering the cryptocurrency market is already risky. So, keep doing it with pleasure as usual

Kotone

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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

Do not lose sometime? You are wrong about that. Traders are always losing even with their experiences for a long time. There is a stats that more than 85% of traders on crypto market are more losing than winning on trading. I think this is true, even though a basic knowledge on trading needed some practice in order to catch up on mastering how to gain profits but there are more times that a technical analyses failed on giving us the profits we are aiming. Trading is dangerous so better to learn 100% of things needed to know about that.

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