Losing in trading needs questioning - page 2.

stepwilli

sr. member

Activity: 1042

Merit: 273

Quote from: Wakate on August 03, 2021, 05:03:03 PM

I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from. I have had of a crypto traders that lost all his funds in one day because of market volatility. This happens frequently and I think there is need to recall where the cause could be from.

Losing one to two funds is I think still considered to be a normal thing. Not only noobs but even the pro one's can also experience it. I think there is no need to question this. You can ask if where do they get their skill or where did they learn trading and if they respond to you that they learn it from the best sources only, what will you respond? I guess you will be angry towards them because why they still lose.

Quote from: Wakate on August 03, 2021, 05:03:03 PM

as a trader, losing one or two trades is part of the game but sometimes losing everything that had been accumulated for weeks, months is very painful and there is need to know whether it's due to ignorance or insufficient trading skill. Acquiring sufficient trading skill is very important in trading which can also help to get good results.

If they lose the money that they acquired on the past, that simply means that they are greedy and don't have a self control. What else will you want to know? I think this isn't what you call a lack of trading skill because if they lack of trading skill then how can they earn some funds before? consistent losses in trading should not be questioned anymore but that can be a sign that you need to change your career. You need to quit trading or else these loses can grow more.

Fivestar4everMVP

legendary

Activity: 2254

Merit: 1052

Leading Crypto Sports Betting & Casino Platform

Quote from: Wakate on August 03, 2021, 05:03:03 PM

I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from.

This, which you said at the very beginning is kind of wrong anyway, I personally don't think it's out of place or a taboo for a trader to loose one or two trade in the course of trading, but like you later said in the body of your text, loosing in trade can become a problem when the trader continues to loose trades on a regular basis.
When loses in trade becomes a regular thing, then I think its time for that trader to take a break and go back to the drawing board to fish out what the problem might be.
Lack of or not enough knowledge of trading can be one of the major reasons a trader can constantly loose trades, but this is not the only reason, there are several other reasons or factors that can contribute to a trader constantly loosing trade, and one of those can be emotions - emotions from personal or private issues, emotions from family matters and so on.
It's up to the trader to sit down, find out what is causing the constant loss in trade and fix it in other to prevent further losses in his or her future trades.

horrifiedx1

member

Activity: 602

Merit: 11

Research on the analysis itself is indeed needed, where we have to correct every transaction, not only when we experience losses, over time we will understand the movement of market reactions so that we can determine more accurate targets and if necessary place a good stop loss. indeed this cannot be done in a short time, we will meet various problems which actually make us smarter in responding to the market, open the other way around

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

Frequently asking questions and looking for lessons from losing is a good thing for anyone, in trading there are many things to learn and if we never want to hear advice from experts and rely on instinct then we will often make the same mistakes or lose, keep trying and not be afraid losers are the type of traders who will be successful in the future.

BuNga_cute

full member

Activity: 1736

Merit: 116

Quote from: newdevices on April 15, 2022, 01:59:49 AM

Quote from: bhooscream on April 14, 2022, 07:59:13 PM

Losing in trading is a normal condition right?
Except that we are losing again and again withoit any evaluation and better trading strategy fir the nect. That's not trading but gambling.
But everyone must experience losing when trading. It doesn't mean that we are not learning. But sometimes the condition changes immediately.
The most important thing is we can kearn from the loss fot evaluation for the next trading

Yes, losing or experiencing losses in trading is normal and I think every trader has experienced it,
losing will make us better in the future as long as when we experience it we need to analyze and evaluate it,
better take the positive side so you don't get too dizzy

It is impossible for us to trade without experiencing losses, even professional traders often experience losses. Moreover, the crypto market is
very volatile, if we are not careful we will experience big losses. Like you said experiencing losses will be experienced by everyone who
trades crypto. In fact, I found a lot of people who traded crypto the amount of loss was greater than the profit they made. So if we want to be
a successful trader the amount of profit generated must be greater than the losses experienced. Therefore we must learn from every loss
we experience, so that our next trades do not repeat the same mistakes. In conclusion we must continue to improve our research and analysis
capabilities, in order to predict market movements more accurately and minimize losses. Never give up when we experience losses when trading,
just think of every loss that we experience as a learning cost in order to find an effective strategy.

traderethereum

hero member

Activity: 2870

Merit: 574

Quote from: bhooscream on April 14, 2022, 07:59:13 PM

Losing in trading is a normal condition right?
Except that we are losing again and again withoit any evaluation and better trading strategy fir the nect. That's not trading but gambling.
But everyone must experience losing when trading. It doesn't mean that we are not learning. But sometimes the condition changes immediately.
The most important thing is we can kearn from the loss fot evaluation for the next trading

Yes, it is normal but not everyone can accept that defeat and feel sad for a long time.
If they can take a lesson from that loss and change it for the better, I'm sure he will benefit another day.
We must be able to understand that trading will not always be profitable and there are times when we feel defeated like everyone else so that we can learn more.
Never give up on lose because it will all change for the better.

newdevices

full member

Activity: 1048

Merit: 102

Quote from: bhooscream on April 14, 2022, 07:59:13 PM

Losing in trading is a normal condition right?
Except that we are losing again and again withoit any evaluation and better trading strategy fir the nect. That's not trading but gambling.
But everyone must experience losing when trading. It doesn't mean that we are not learning. But sometimes the condition changes immediately.
The most important thing is we can kearn from the loss fot evaluation for the next trading

Yes, losing or experiencing losses in trading is normal and I think every trader has experienced it,
losing will make us better in the future as long as when we experience it we need to analyze and evaluate it,
better take the positive side so you don't get too dizzy

aditasetia123

member

Activity: 464

Merit: 10

Quote from: nhaila on April 14, 2022, 06:33:12 PM

Actually some traders don't follow the trading rules and regulations hence they face a huge amounts of losses instead of profits. I suggest themselves with trading platform, they should create demo account for trading because they have very low possible to losses.

they didnt set trading plan which is usefull controlling loss and profits forecast. dicipline with trading that arranged before will not make us suffer huge loss, every trade have strict stop loss and good ratio between risk and profits. trying our strategy on demo account unfortunately didnt provided at cryptocurrency exchanges, perhaps it could be important feature that will developt in near future.

bhooscream

full member

Activity: 728

Merit: 117

Losing in trading is a normal condition right?
Except that we are losing again and again withoit any evaluation and better trading strategy fir the nect. That's not trading but gambling.
But everyone must experience losing when trading. It doesn't mean that we are not learning. But sometimes the condition changes immediately.
The most important thing is we can kearn from the loss fot evaluation for the next trading

carlfebz2

hero member

Activity: 2926

Merit: 722

Quote from: nhaila on April 14, 2022, 06:33:12 PM

Actually some traders don't follow the trading rules and regulations hence they face a huge amounts of losses instead of profits. I suggest themselves with trading platform, they should create demo account for trading because they have very low possible to losses.

Demo trading is just good for familiarization but not really good on molding yourself to be emotionally disciplined since you know that you cant lose everything or something which means confidence would really be on

high level but on the time that you do go live trading then this is where story becomes different on which you would really be having that problem on finding to make out position just because you dont know on whats the bottom or peak of market price.So its ideal that you should practice out yourself on dealing with market with real balance so that you do able to enhance yourself about risk management and emotional handling.

nhaila

sr. member

Activity: 993

Merit: 250

Moonbet.io

Actually some traders don't follow the trading rules and regulations hence they face a huge amounts of losses instead of profits. I suggest themselves with trading platform, they should create demo account for trading because they have very low possible to losses.

topman21

legendary

Activity: 1176

Merit: 1056

Quote from: Wakate on August 03, 2021, 05:03:03 PM

I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from. I have had of a crypto traders that lost all his funds in one day because of market volatility. This happens frequently and I think there is need to recall where the cause could be from.

Yes as a trader, losing one or two trades is part of the game but sometimes losing everything that had been accumulated for weeks, months is very painful and there is need to know whether it's due to ignorance or insufficient trading skill. Acquiring sufficient trading skill is very important in trading which can also help to get good results.

I usually ask myself questions whenever I have consecutive loses in trading, trying to know where I'm getting it wrong. This had helped me many times to get more trading knowledge that had improved my entire trading.

There are many people who come to trade and lose all their money. The reason they lost their funds here was because they did not have much experience in trading.They buy coins or tokens without any market analysis and go straight to trading without any analysis.If you do not have the full skills to trade, you can lose your funds anyway. So first of all you have to acquire trading skills.

ninis45

full member

Activity: 686

Merit: 107

because the op gave a post that is a bit difficult to understand
so I assume that every loss in trading is the fault of the traders themselves in determining the type and method of trading that is good in analyzing and minimizing losses on market volatility. If you want to be safe, spot trading is the best than futures because we will not lose just waiting for the market to return.

Pandu Geddon

hero member

Activity: 826

Merit: 583

Bons.io Telegram Casino

the problem, I think lies mostly in the selected assets. if you trade shitcoin your money maybe 0 due to market fluctuations. most likely you are being scammed by the project developer.
but if you choose bitcoin or altcoin assets that already have a clear market. I think being 0 would not be possible. A 100% decline in asset value in such a short period sounds impossible. if that happens, all you have to do is wait. the market will pick it back up.
one more question, why not use the stop loss feature? it can reduce bigger losses

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Wakate on August 03, 2021, 05:03:03 PM

I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from. I have had of a crypto traders that lost all his funds in one day because of market volatility. This happens frequently and I think there is need to recall where the cause could be from.

Yes as a trader, losing one or two trades is part of the game but sometimes losing everything that had been accumulated for weeks, months is very painful and there is need to know whether it's due to ignorance or insufficient trading skill. Acquiring sufficient trading skill is very important in trading which can also help to get good results.

I usually ask myself questions whenever I have consecutive loses in trading, trying to know where I'm getting it wrong. This had helped me many times to get more trading knowledge that had improved my entire trading.

Losing once or twice in trading is very natural, but consistent losing in crypto is another story. There must be something wrong with how you manage your trades. So this is why we end up questioning ourselves where did we commit mistakes. But i guess making mistakes and losses in trading will have a bigger contribution in our success later on as we always learn from our past losses and failures.

Finestream

hero member

Activity: 3010

Merit: 604

Quote from: Wakate on August 03, 2021, 05:03:03 PM

I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from. I have had of a crypto traders that lost all his funds in one day because of market volatility. This happens frequently and I think there is need to recall where the cause could be from.

Yes as a trader, losing one or two trades is part of the game but sometimes losing everything that had been accumulated for weeks, months is very painful and there is need to know whether it's due to ignorance or insufficient trading skill. Acquiring sufficient trading skill is very important in trading which can also help to get good results.

I usually ask myself questions whenever I have consecutive loses in trading, trying to know where I'm getting it wrong. This had helped me many times to get more trading knowledge that had improved my entire trading.

This is very common to most of the traders because we never stop from committing losses and so we never stop from questioning the reasons behind it. This is why wise traders have always prefer to keep their trading journals because that will be a helpful guide to track the losses we did in the past and learned from them. And since trading have no guarantees when to take profits and create losses, it will be better to stay cautious on whatever actions we do in trading.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: Vaculin on April 13, 2022, 04:45:59 PM

Quote from: blockman on August 03, 2021, 06:34:55 PM

It is about discipline. When you've managed to earn in your trades and don't secure your profits, you're doing it wrong. That's why you're trading in order for you to make some profits. And if you're not too savvy in taking your profits and uses them again and again, you really are about to lose everything in your possession. If you don't do that, you're forced to use your profits and the capital at the same time. And if that happens to me, I'll question myself and it should alarm me when I'm into consecutive losses.

I guess its part of us as an individual that whatever goes wrong, we tend to question how it happened and what is its cause. Especially if it involves money, we need to know the reason it happens so that we won't be repeating the same mistake and lose again. Same with trading. You have to learn all the possible reasons that may cause your trades to lose because that will help you to avoid such mistakes, and by losing everytime it leaves a good lesson for you. But i believe if you have discipline, you will never easily fall on doing mistakes and lose your funds. But discipline does not happen instantly, it needs to be developed. And it takes time.

Part of our common sense on having those questions in mind whenever you do experience something on which it would really make you aware and on next time you would really be that
knowledgeable on what are the things that you should do but of course this market is unpredictable which means 100% precision cant really be possible but at least you had already
lessen out the risk which is something that we should really need to do since from the start.Losing is inevitable but this is the reason on why you do learn
in case you dont give up.

Vaculin

hero member

Activity: 2912

Merit: 613

Quote from: blockman on August 03, 2021, 06:34:55 PM

It is about discipline. When you've managed to earn in your trades and don't secure your profits, you're doing it wrong. That's why you're trading in order for you to make some profits. And if you're not too savvy in taking your profits and uses them again and again, you really are about to lose everything in your possession. If you don't do that, you're forced to use your profits and the capital at the same time. And if that happens to me, I'll question myself and it should alarm me when I'm into consecutive losses.

I guess its part of us as an individual that whatever goes wrong, we tend to question how it happened and what is its cause. Especially if it involves money, we need to know the reason it happens so that we won't be repeating the same mistake and lose again. Same with trading. You have to learn all the possible reasons that may cause your trades to lose because that will help you to avoid such mistakes, and by losing everytime it leaves a good lesson for you. But i believe if you have discipline, you will never easily fall on doing mistakes and lose your funds. But discipline does not happen instantly, it needs to be developed. And it takes time.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: carlfebz2 on April 12, 2022, 05:49:25 PM

Quote from: Issa56 on April 12, 2022, 05:28:36 PM

In Cryptocurrency trading I believe is not possible not to lose money but we should always make sure that our profit is far more than our lost. If you are a trader, I believe it's very important you have a trading journal, I believe that will really help you in keeping detailed record about your trading and incase if anything goes wrong you can easily go back to your trading journal and find out what might cause the lost, maybe there is something you have been doing before which you didn't do now or it is caused due to another reason, then you try to make correction.

Even professionals or veterans on this market is totally not able to have that perfect kind of trade which you dont have any losses because this is something an inevitable thing that you would experience.

What matter most here is on the profits that you would make which is something that prioritize despite of the losses that you would experience and dont mind if you do lost up some trades because it would
be normal.
This market is unpredictable and movement of price is totally in random which it cant be avoided but the main goal is to make profits and this is where you should be minding.

Honestly no one wants to lose when trading, but the problem is it is impossible to trade without experiencing any losses at all. As you said, all of us
who trade crypto, even professional traders, cannot avoid losses. This happens because crypto prices are volatile, so sometimes market movements
don't match what we predict. So there is no need to worry too much if it turns out that we experience losses when trading, the most important
thing is that the amount of profit we generate must be greater than the losses we experience. We can also minimize our losses by correcting
any mistakes we make. Slowly we will find an effective strategy to be able to make a profit, so as long as we don't give up when we experience a loss,
then we will be successful traders.

carlfebz2

hero member

Activity: 2926

Merit: 722

Quote from: Issa56 on April 12, 2022, 05:28:36 PM

In Cryptocurrency trading I believe is not possible not to lose money but we should always make sure that our profit is far more than our lost. If you are a trader, I believe it's very important you have a trading journal, I believe that will really help you in keeping detailed record about your trading and incase if anything goes wrong you can easily go back to your trading journal and find out what might cause the lost, maybe there is something you have been doing before which you didn't do now or it is caused due to another reason, then you try to make correction.

Even professionals or veterans on this market is totally not able to have that perfect kind of trade which you dont have any losses because this is something an inevitable thing that you would experience.

What matter most here is on the profits that you would make which is something that prioritize despite of the losses that you would experience and dont mind if you do lost up some trades because it would
be normal.
This market is unpredictable and movement of price is totally in random which it cant be avoided but the main goal is to make profits and this is where you should be minding.

Topic: Losing in trading needs questioning - page 2. (Read 567 times)