Keep your loss at an acceptable level - page 9.

masterrex

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Quote from: Lorokan on April 22, 2020, 06:31:29 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 mate your right for me losing is part of the game while doing trading, I'm a day trader since 2017. Since then I have been losing many times already but I never give up, because I know those losses will be recovered soon if I will not quit in trading which is right base on my experience my Loses was recovered and also gaining some profit. thats why never give up just focus on what you are doing and set aside your emotions remember always trust your instincts.

DevilSlayer

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That is why stop loss levels or the invalidation levels are important before we execute a trade. A good plan consists of entry points, target profit and cut loss levels that are acceptable where if we lose then it is okay for us. Most of the traders doesn't have stop loss strategy because they think that they are not vulnerable to losses and that is why sometimes they lose huge amount of money.

People think that setting stop loss is simple but it is hard to execute because emotions are also there, we need discipline within ourselves that we can help us to follow our plan carefully and be sure that our cut loss levels are acceptable.

semobo

full member

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Accept the market condition? I guess its better to adopt to the market condition and do something to make money on that market condition. Risk management is irrespective of market condition which should be followed by every traders at all the market conditions if they want to avoid getting rekt.

Reid

hero member

Activity: 2912

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Or simply put. Do not blame anything for your own choices. Wink

There will always be loss in the diary of a trader.
You cannot do it in perfection.
In fact, you will learn from it.
But, why are talking about trades in an altcoin section? Grin

Pffrt

sr. member

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For day traders, it's very important to maintain the stop/loss, otherwise, they might have lost a lot of value. On the other hands, who are HODLER, they never think about such loss or anything. We have BTC hodler who never sold their BTC, even in the 20k ATH and the recent 4k. Long term holder always prefer the price dump as accumulation.

Emilyearl

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Activity: 700

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APESWAP

I disagree with you. We should not learn to accept our loss without attributing it to any factor. Losesicould be as a result of greed, no trade strategy or plan as well. When we I cure loss, we should trace the reason why it happened in order to avoid the same mistake again. Without identifying the root of our loses, we won't make profit.

GreatArkansas

legendary

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Here. Treat your loss as your teacher, it's like learning for every loss.
You lose, you earn new knowledge, you learn something new that will help you in the future. Like, not to do it again. Trader of altcoins is kinda a pain in the ass, especially if you are trading those altcoins that have a very low market cap.

WalkerIVIV

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Cryptocasino.com

Quote from: Lorokan on April 22, 2020, 06:31:29 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 caused by when we are blaming the market and we just waste a lot of our time and it's better to accept anyloss and then move on. We can use that time to build another strategy again to recover our loss again. Basically, this is the best way that can be taken by anyone.

BitcoinTurk

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I'm not sure I understood exactly the situation you're talking about, but I want to write a few sentences inspired by the topic. First of all, every trader should know that every transaction does not provide fixed or definite returns, but often causes loss. For this reason, your priority should be the amount of money you risk losing, not making money. You can trade by determining a loss rate for each transaction and you can get your earnings in your pocket while you don't reach this rate. I always say that the best profit is money that goes pocket. For this reason, the first step should be to determine the money to be lost and then the target to be earned should be determined. We are not always going to win or always lose. Losing a few bullets instead of losing the entire ammo can be life saving in some cases.

Lantind

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Quote from: Winscosinally on April 22, 2020, 08:06:00 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

Clearly, in terms of trading it is really needed that the name of the strategy is to be able to always take advantage of market conditions, both when the market is red and when the market has begun to green, this is sometimes the ability of a trader to be tested.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

I agree with you. As a trader, we need to accept whatever the result is. No matter if we can make a profit or we cannot make a profit because all of that is a process. Before we trade, we should analyze first, so we know where the market moves, and we can decide base on the market situations. But if somehow, the market has changed than what we analyze, then we cannot do anything except to accept what will happen later. That will help us to analyze better, and the important thing is we don't blame or complain because of the market.

qazgroup

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RiveMont

It really depends what market looks like, if your entry was right at the top of peak you should accept your mistake and take the loss as soon as you can because downtrends can be long and deep so loosing 10 to 20 percent is better than loosing 80 to 90 percent.

Winscosinally

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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

nutriagrigia

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Oikos.cash | Decentralized Finance on Tron

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.

kang_kung

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I understand your point. We're human and not a robot that doesn't have any kind of emotion and sentiment. Our feeling, our emotion and sentiment are like two faces of a coin. How many traders tell you that they make a success order, make some gains thanks to 'just feeling lucky' or based on their feeling? Funny when we make a bad order, loss then we blame all of it on our emotion and want to completely remove it. Grief from loss become weight that makes us more careful at later because we know how suck it is. We just need to turn our emotions to something that helps us and accepting our loss is the first step toward it.

ahmia39

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Trident Protocol | Simple «buy-hold-earn» system!

Quote from: Lorokan on April 22, 2020, 06:31:29 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

What you have to understand is that the changes that occur in the market are certainly a cause, indeed all traders do not have the right to blame anyone in this case, but they also must be observant and careful in dealing with the market situation at all times.

Lorokan

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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

Topic: Keep your loss at an acceptable level - page 9. (Read 1343 times)