Topic: Losing in trading needs questioning - page 4. (Read 567 times)
Even when we have a loss of funds, we do not need to immediately act to get them back and in a hurry in this matter, we need to weigh everything and act competently.
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.
The biggest mistake in trading is opening a new order without taking into account the evaluation of the previous transaction, which led to a loss. Not everyone is ready to analyze their mistakes, choosing a tactic that is more inherent in the casino, opening an order in the hope of recovering what was lost.
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If you're continuously getting losses for months, then there might be something wrong with what you are doing. The main question for that is do you keep doing the same thing and are you even learning from whatever mistakes you made in those losses. Loss on few days? Sure, okay but did you see where you got it wrong?
I suggest taking a break for a while in trading if you experience this because it means you aren't ready for trading. I've been there for how many years and I pursue myself to learn a different way of trading analysis but isn't that easy, it took for how many months before I started again in trading. Good thing I minimize my losses and there's progress on it, I hope everyone will do the same because trading isn't that easy of making a profit.
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.
The biggest mistake in trading is opening a new order without taking into account the evaluation of the previous transaction, which led to a loss. Not everyone is ready to analyze their mistakes, choosing a tactic that is more inherent in the casino, opening an order in the hope of recovering what was lost.
~
If you're continuously getting losses for months, then there might be something wrong with what you are doing. The main question for that is do you keep doing the same thing and are you even learning from whatever mistakes you made in those losses. Loss on few days? Sure, okay but did you see where you got it wrong?
Just keep in mind, when you are selling, then someone else buying on the other hand. Same as when you are selling. That means you should be clever than the opposite party to gain in the trading. Due to much volatility sometimes we lost too much if we can't take a real-time decision at that time. We can reduce loss even suddenly start bear market after bought the coin. But for that definitely, you should have trading skills and experience as well. One or two trade losses don't mean you are a loser. But losing continuously isn't a good sign. That means you have to learn more lots of things. There is no end to learning.
If they are beginners and get failure this is normal. Learning from failure will make them better when its time to take profit and when they should stop for a moment. Human bad habit is greedyy, if they can earn 2-5% in a day then they will speculate to get more. Managing it is very difficult, managing anything must be difficult. Need a lot of experience here.
Greed is one of the reasons why trading always loses. Human greed is the nature of always lacking when given something more. This must be controlled, a newbie or a professional trader will lose with greed if not trained. Experience in trading will also have a positive impact. Fund management also needs to be considered, because without managing or allocating funds, trading will not go well. 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.
Insanity is doing the same thing over and over again, but expecting different results, if someone loses a trade he needs to look and reflects on what went wrong and not just blame it on the volatility of the market, because the majority of times it is based on poor decision making, so don't fall into the mistakes of many beginner traders who lose all their money because they keep adopting the same methods and strategies even though they are wrong. 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.
If they are beginners and get failure this is normal. Learning from failure will make them better when its time to take profit and when they should stop for a moment. Human bad habit is greedyy, if they can earn 2-5% in a day then they will speculate to get more. Managing it is very difficult, managing anything must be difficult. Need a lot of experience here.
You would really be having that question in mind on how you did lost a certain trade or investment and its normal because we do have expectations and it isnt really easy to make tradesand if you are really that serious on learning trading then you would really look after on your mistakes and realize on where did you get wrong and at least making yourself aware
and would be ready on next possible similar situation that you might faced on.As you do go forward then you would really be gaining more experience.
If they are beginners and get failure this is normal. Learning from failure will make them better when its time to take profit and when they should stop for a moment. Human bad habit is greedyy, if they can earn 2-5% in a day then they will speculate to get more. Managing it is very difficult, managing anything must be difficult. Need a lot of experience here.
Well let say that is normal --but how many times consecutive failures that you will consider it will make them better?I must disagree, trading is not a trial and error that could your money back once it will lose and also, no one will waste their money because of the experience, don't go in trading if you are lack of knowledge, that is it. You need to prepare yourself before taking a battle into a trading field. Because the common reason why they had to lose is that they don't know those strategies and analyses that could possibly apply.
If they are beginners and get failure this is normal. Learning from failure will make them better when its time to take profit and when they should stop for a moment. Human bad habit is greedyy, if they can earn 2-5% in a day then they will speculate to get more. Managing it is very difficult, managing anything must be difficult. Need a lot of experience here.
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.
it is greedy if we didnt close open position that give us some profits, we never know about market movement eventhough expert analize it well. basic mistake that often done by traders only never understand about market cycle and how to prepare our knowledge well before totally involved . if your profits position didnt close when it growth and prefer to hold it for long time maybe your are involved in this type of investor. 
As we can conclude that trading is not about betting and it is not like a game. It is just a business, so we should take it as a business not like betting. Votality comes in trading and is part of trading. So, keep patience is key.
Trading is just like gambling but a kind of complicated gambling that requires a lot of skills and research to be able to be at the winning side. Trading is well developed and educating bringing so many factors in consideration. Trading needs wisdom and not just a mere game to be cast, waiting for results which can be enhanced by luck. Ones input in trading will determine the outcome. 
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.
Before talking about volatility or questioning trading skills, the first thing to ask is what kind of trades were executed that resulted in all losses. If it's a spot trade, your trader won't really lose anything. The fact today is that many beginners are still trapped in the notion that binary options are trading.
I don't think spot trading will be like this and only stuck for a long time even if the altcoin lacks potential to trade at least there will be some left and experience to correct it but in trading it takes a lot of things including those mentioned above.
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.
Lose all his funds in my mind means he do future trading right? Because in spot we wouldn't lose all money in short time if not keep cut lose or maybe buying coins that turn into scam. I think some thread like this must be clear which trading activity that people do so other can give suggestion. Or maybe at first split capital into main capital and back up capital can be done first. 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 of funds in every trading is not funny at all, traders who lose funds in every trading need to go back the drawing board to know what's really the cost. It could be lack of some idea in trading, such person needs someone who can give him good direction. We are know trading is about lose and gain but when it turns out to be lose always is not trading
As we can conclude that trading is not about betting and it is not like a game. It is just a business, so we should take it as a business not like betting. Votality comes in trading and is part of trading. So, keep patience is key.
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.
Before talking about volatility or questioning trading skills, the first thing to ask is what kind of trades were executed that resulted in all losses. If it's a spot trade, your trader won't really lose anything. The fact today is that many beginners are still trapped in the notion that binary options are trading.
I think the questioning of trades and critical thinking about investment been made in Cryptocurrency should be made before you actually traded or invested in Cryptocurrency. If you do your research properly, you would have detected, may be not 100%, the likely pitfall that may affect your investment in a given trade! I like to see my move before I make them and believe this is good way to be ahead and to be profitable in your Cryptocurrency trading!
The volatility of the market gives profit for the traders. All you need to do as a trader is to have self discipline, knowledge, patience, and strategy. Also, don't be greedy and always learn the market movement so that you can keep up with its flow. Always learn from your mistakes and experience. Having a trade loss is only normal but avoided to always happen.
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