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Topic: Losing in trading needs questioning - page 5. (Read 597 times)

member
Activity: 636
Merit: 11
August 04, 2021, 10:50:30 AM
#21
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.
hero member
Activity: 2688
Merit: 588
August 04, 2021, 10:16:16 AM
#20
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.
It’s not really bad when you lose a trade, but it becomes bad when you’re losing frequently. Normally, loss is part of the game, but when you’re losing frequently, that’s when it becomes a problem and you need to find a way to fix it asap so that you don’t end up losing everything you have. Whenever you lose money in trade, by the end of the day before you end your trading, you should be able to make some profits and cover up for the losses you have made and also make more profit ,and that’s when it becomes a successful trade.

In a case where you lose everything, then there is a problem, because you have to apply strategy that will make you not to lose all. That’s why you have stop loss tool to help you not to lose too much.
hero member
Activity: 2702
Merit: 672
I don't request loans~
August 04, 2021, 10:06:52 AM
#19
Traders lose out and reason out volatility simply means that their skill was insufficient to actually consider that. It's simple as that. It could be a miss due to missing something, could be a miss due to a misinterpretation, in the end, it all boils down to two reasons. The trader was unskilled (and there are a LOT of factors involved here, possibly greed, lack of knowledge, etc.), or the trader was simply unlucky that he pretty much predicted most of what would happen, but a dark horse of sorts suddenly appeared which messed up everything. Though the latter is, tbh, something that a trader should always expect since no amount of research and study could prevent other random results from coming.
full member
Activity: 1130
Merit: 133
August 04, 2021, 09:50:21 AM
#18
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.

it is totally be their fault if loss all money only single trade, they didnt prepare with good skill and knowledge in trading so careless about risk management . Most beginer trader didnt set their trade plan , why they buy coin and how risk accepted in every trade it is not explained well so if they are just gambling in market. if know our colleague want to involved into this market and have no knowledge better to warn them before they will regret later.
hero member
Activity: 2982
Merit: 610
August 04, 2021, 08:18:42 AM
#17
...

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.
I appreciate how you are able to manage yourself despite the losses and mistakes that you have done.
Well, I have to remind you that learning couldn't be instant, suffering losses is not a thing we worried about but to consider this as a helping tool to let us know where we are wrong and a need to correct it ASAP. And those who easily give up and leave crypto, it was clear to say that they are not meant for this. as this is only the place for risk-takers, and sad to say that not all are destined to become a trader either.
newbie
Activity: 4
Merit: 0
August 04, 2021, 06:00:59 AM
#16
any pocket in your deals is a mistake in your decision, you still need to devote more time to analyzing your deals
sr. member
Activity: 2016
Merit: 283
August 04, 2021, 05:01:18 AM
#15
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 one or two is ok mate.. Lesson learned and educate your self more why you always fell on the same mistake when it comes trading.
And yes don't lose hope because it's part of game but take note that you learn to earn not to waste money.. Indeed everything can be fix here, especially in trading because there's a lot of information around the internet that can help us to readjust such stuff just to avoid risky situation werein it's up to us if we're really interested to have a safe trading. Change your mind set and think positive mate.  Wink
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
August 04, 2021, 03:41:56 AM
#14
Market volatility is a normal occurrence in the market making it tradable, the market must move for trades to be executed. I don't think volatility could be the reason why traders lose more in trades making them forfiet all there profits just because of a bad trade.

Ultimately, lack of knowledge is the biggest reason why most traders fail when trading in any market. Whether it is stocks or cryptocurrencies. As I see it, it is not what you know, but what you do with what you know. The common question that emerges is: "What do I know about the market?", but this is the wrong question to ask. You must learn how to answer the most basic question, which is "What do I know about trading?"
Investing and trading is about risk management and learning how to trade is one of the best ways to take that risk on. Not knowing much about investing and trading is like driving in traffic with no clue of what to do on the road.


Just like when you have no full knowledge with the coin that you are trading. You need to enrich yourself with the updates of the coin. Because if you are just riding the fud or hype, losing is imminent. Because who knows, there are people who are just creating fud around the coin so they can sell it and dump? There are so many sad stories when it comes to pump and dump coins, because if you exit at the wrong time, you will end up holding useless coins.

Exactly. If you are considering investing in a cryptocurrency, it's critical to understand if FOMO is affecting your decisions. It may seem like cryptocurrencies are making everyone rich, but that isn't always the case. Creating crypto coins and tokens is fairly easy nowadays. So it’s important to do extensive research before you decide to invest in some of them.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 03, 2021, 10:33:55 PM
#13
Doing an inspection of ourselves of what is wrong is necessary so we can learn how to fix the mistake and not do the same thing. In the trading, the mistake was mostly because of greediness wanting to take a bigger profit than what we can see so we delay selling the coin and still waiting for the next high price. That is the most thing that many traders face because they are tempted to chase more profit. If they realize that the price can jump down anytime, they will not wait for more instead sell for some amounts so if the price still increases, they have the other amount that is ready to sell at the next high price.
sr. member
Activity: 658
Merit: 250
August 03, 2021, 10:01:20 PM
#12
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.

When you lose for several times, decide quickly then stop what you're doing to avoid risking all your funds. Volatility really made it so difficult for us and I understand you're feeling emotionally, then I advise you to move on and don't give up. I couldn't agree more that without skils and knowledge tend to burst out when you really fail in the first place, but more questions will came about and that's part of our daily experience.
legendary
Activity: 2492
Merit: 1232
August 03, 2021, 05:55:29 PM
#11
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.
Learn from your mistakes is the perfect way not to repeat them again and again and avoid keep losing your fund.  This is a good practice as a newbie to learn everything while on the field of trading, as they said, experience is the best teacher that can minimize the possible losses ahead.

There are too many various reasons why people keep losing in trading, the number one problem is lack of knowledge and doesn't know how to have strategies, as long as it's thinking about the profit but not on how to have progress.  If this will happen frequently in trading and don't even have profit, I suggest you stop trading and switch to be a crypto holder which is very safe of having volatile prices.
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
August 03, 2021, 05:47:28 PM
#10
Market volatility is the reason many traders switch to crypto trading. The more volatility of an asset the more opportunity it will be.
Trading is not about betting "all in", its all about consistency. Its not about win rate, its about risk management ratio.

This will explain what "Consistent" in trading what Im saying :
Trade Like a Casino for Consistent Profits by Adam Khoo
https://www.youtube.com/watch?v=bRCtBRsLPmk&t=90s
Good video but mostly for newbies. Trading like a Casino does not mimic trading in the real world cause Casino is mostly based on probability outcome but trading is more sophisticated than that. I do ignorantly think that trading is 50:50 ratio of winning/losing but when loses hit me hard I changed my perception of trading.
Trading is more or less gambling cause what your gain is what another trader loses. Just like in Calculus we say...Top the bottom, Bottom the top!
full member
Activity: 1848
Merit: 158
August 03, 2021, 05:44:29 PM
#9
Market volatility is a normal occurrence in the market making it tradable, the market must move for trades to be executed. I don't think volatility could be the reason why traders lose more in trades making them forfiet all there profits just because of a bad trade.

Ultimately, lack of knowledge is the biggest reason why most traders fail when trading in any market. Whether it is stocks or cryptocurrencies. As I see it, it is not what you know, but what you do with what you know. The common question that emerges is: "What do I know about the market?", but this is the wrong question to ask. You must learn how to answer the most basic question, which is "What do I know about trading?"
Investing and trading is about risk management and learning how to trade is one of the best ways to take that risk on. Not knowing much about investing and trading is like driving in traffic with no clue of what to do on the road.


Just like when you have no full knowledge with the coin that you are trading. You need to enrich yourself with the updates of the coin. Because if you are just riding the fud or hype, losing is imminent. Because who knows, there are people who are just creating fud around the coin so they can sell it and dump? There are so many sad stories when it comes to pump and dump coins, because if you exit at the wrong time, you will end up holding useless coins.
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
August 03, 2021, 05:35:27 PM
#8
Market volatility is a normal occurrence in the market making it tradable, the market must move for trades to be executed. I don't think volatility could be the reason why traders lose more in trades making them forfiet all there profits just because of a bad trade.

Ultimately, lack of knowledge is the biggest reason why most traders fail when trading in any market. Whether it is stocks or cryptocurrencies. As I see it, it is not what you know, but what you do with what you know. The common question that emerges is: "What do I know about the market?", but this is the wrong question to ask. You must learn how to answer the most basic question, which is "What do I know about trading?"
Investing and trading is about risk management and learning how to trade is one of the best ways to take that risk on. Not knowing much about investing and trading is like driving in traffic with no clue of what to do on the road.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
August 03, 2021, 05:34:55 PM
#7
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.
hero member
Activity: 2996
Merit: 609
August 03, 2021, 05:21:33 PM
#6

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.
As a trader then having this kind of behavior or characteristics would really help you on becoming a better  trader.This is a continuous learning and theres no such thing about that pinnacle trader or something like that.

We are dealing with market which is really very unpredictable and its normal that we make profits today and lost it all in tomorrow because decisions and other factors will surely affect your profitability

not only on investment decisions but also in other typical ordinary decisions in life.  Questioning yourself on what you have done? thats makes you even more better compared in the past.
member
Activity: 504
Merit: 23
Epsilon Omega
August 03, 2021, 05:08:36 PM
#5
Market volatility is the reason many traders switch to crypto trading. The more volatility of an asset the more opportunity it will be.
Trading is not about betting "all in", its all about consistency. Its not about win rate, its about risk management ratio.

This will explain what "Consistent" in trading what Im saying :
Trade Like a Casino for Consistent Profits by Adam Khoo
https://www.youtube.com/watch?v=bRCtBRsLPmk&t=90s
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
August 03, 2021, 04:45:20 PM
#4
Market volatility is a normal occurrence in the market making it tradable, the market must move for trades to be executed. I don't think volatility could be the reason why traders lose more in trades making them forfiet all there profits just because of a bad trade.
I was referring to your own comments on volatility being the cause of losses. As I mentioned earlier; lack of skill and find management is the main reason traders lose big. If one entered a trade with little capital and huge leverage, thy can get burnt all through easily should the trade go against them.

There is a combination of so many reasons why traders lose out;
• Greed
• Lack of emotional control
• Poor skills
• Badluck etc.
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
August 03, 2021, 04:41:35 PM
#3
I fail to understand the purpose of this thread from the title or the contents. Anyone who loses in any field would need to return to the drawing board to find out that went wrong. Losing trades are no different, most times, it is due to lack of skill and fund management.

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.
Your preceding statement already gave the cause of such loses. Volatility is part of the crypto market and any trader should be prepared for it.
Market volatility is a normal occurrence in the market making it tradable, the market must move for trades to be executed. I don't think volatility could be the reason why traders lose more in trades making them forfiet all there profits just because of a bad trade.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
August 03, 2021, 04:23:55 PM
#2
I fail to understand the purpose of this thread from the title or the contents. Anyone who loses in any field would need to return to the drawing board to find out that went wrong. Losing trades are no different, most times, it is due to lack of skill and fund management.

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.
Your preceding statement already gave the cause of such loses. Volatility is part of the crypto market and any trader should be prepared for it.
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