Dont stop.
It is even the best time now.
Jump in and be aware even it is good time now
Topic: Loss almost 40%, should stop trading or not ? - page 6. (Read 32551 times)
I think you should have stop for a moment and grow through reading and learning through books.
By the way, I'm sharing you these tips in buying and selling through trading.
First,
Before buying, look at the chart and find the support and resistance,
Second,
Try to buy on or near the support area.
Third,
Be alert at the world economy and be updated in all the rumors, news, etc. especially about bitcoin
Fourth,
Sell near the resistance. If resistance is broken, then hold or buy more in order to add volume
Lastly and the most important of all, increase your capital, not financial capital but capital through knowledge. Increase your growth by reading books, attending seminars etc. Also remember to learn through every mistake, experience is your best teacher.
By the way, I'm sharing you these tips in buying and selling through trading.
First,
Before buying, look at the chart and find the support and resistance,
Second,
Try to buy on or near the support area.
Third,
Be alert at the world economy and be updated in all the rumors, news, etc. especially about bitcoin
Fourth,
Sell near the resistance. If resistance is broken, then hold or buy more in order to add volume
Lastly and the most important of all, increase your capital, not financial capital but capital through knowledge. Increase your growth by reading books, attending seminars etc. Also remember to learn through every mistake, experience is your best teacher.
Don’t stop trading. You just need to have a good trading plan and execute it no matter what happens. As far as what you have said, I can see that you want to be a trader rather than being an investor. It that is the case then a stop loss is a must. It is like saving you if your trade doesn’t go as planned. If your purpose is for long term then that will not be a problem at all. You can at least add some holdings if it dips to lower your average. Don’t sell at a loss, it is like throwing your money. You need to control your emotions. Dont let it affect your trading plans. Always have a backup plan whenever you enter a trade. And don’t be greedy, always to have a realistic target profit. Don’t quit, let your failures be your stepping stone to be successful.
What kind of an idiotic person sells his investment at a loss?
Its not an idiotic move selling at loss specially when there's an opportunity to earn more, I did it twice when NEO was bullish last August, I sold my LTCs for NEO and I gained profit, same with BCH, I sold some of my NEO when its not moving much for BCH and gained profits, in his case he just need proper guidance on what to Buy and when to Buy, same with what to Sell and when to Sell.
What kind of an idiotic person sells his investment at a loss? Were you in such urgent need of money or is it that you got scared and you sold of getting more and more losses? One time you got a loss(because of your dumbness ,nothing else) ,you got scared and you want to trading? Well go ahead then, no one is stopping you. Remember one thing though, Failure is a stepping stone to Success.
If I were in your position, I definitely wouldn't be such a wuss and stop trading, I'd rather correct myself and move ahead.
I think it’s about lack of knowledge because me and some of my friends we are doing daily trade here I know some time you will face difficulties and but it doesn’t mean you will be disappoint because I know some people quit the trade which is not a good thing because I believe when you want play here so you need to be with positive mind and I’m sure bitcoin is such a currency which believe to make a life facilities of people so try to came back. If I were in your position, I definitely wouldn't be such a wuss and stop trading, I'd rather correct myself and move ahead.
Buy and hold, stop trading. Pick a few trusted coins that you like, buy and forget about them. It's very difficult and stress inducing to try to time the market. Most every coin is up the last few months so holding is the way too go.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
Dude, you suck donkey balls at trading, Ethereum at 0.078 and 0.08 24H high.
You should play with a very small amount like $200 or so, and read a lot, learn a lot, you ain't gonna get rich over night, there's a lot to learn to succeed, you just learned an expensive lesson, don't forget it.
Agree ,You'll never be a rich in just one day, you should wait because the price of bitcoin or ethereum is not always increase be patient to wait, i know bitcoin is still rising just wait. do not sell it in low price, but wait for the price to increase to make your money grow.
I don't only invest with bitcoin because I realize that there are also altcoins where I can be an early investor which I believe the price will rise and might have the same success bitcoin is having right now, who knows, crypto is very unpredictable but the trend now says we should invest.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
Dude, you suck donkey balls at trading, Ethereum at 0.078 and 0.08 24H high.
You should play with a very small amount like $200 or so, and read a lot, learn a lot, you ain't gonna get rich over night, there's a lot to learn to succeed, you just learned an expensive lesson, don't forget it.
Agree ,You'll never be a rich in just one day, you should wait because the price of bitcoin or ethereum is not always increase be patient to wait, i know bitcoin is still rising just wait. do not sell it in low price, but wait for the price to increase to make your money grow.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
At first I wanted to advise you too keep trading because you need to fail in every way you can before you master a thing, same goes for trading. But after reading the exact examples of your trades and why you did this, maybe you should stop trading and just try to put your coins in cold storage. Never buy high and sell low!
It's up to you. Loss around 40% is just a trial, you just not disappointed, be brave. It's part of the trading, you can hold that even you are in loss. Because when you hold, you do not have loss until you sold it.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
if you cant control your emotion i think you should stop,because trading success relies on your patience you wont progress here if your a eager trader always looking for a single side in which "GROWING" remember market always dumps and bumps so you must be ready for that if you really want to continue career here in trading 
You should take a break and start studying about trading, it's not that easy. Then you can continue, but with small amounts until you learn how to use the chart's indices and price movements.
That is the right decision, no need to quit, for me, when you are already losing some money from trading, have a break, learn more, read more about techniques in trading after that when you can go with trading gain, just do it and learn from your everyday experiences.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
I think you should stop if you had already lost a lot. I think you should study more about trading. I really think that your strategy is not that effective because you've lost a lot my dear. Hopefully, you'll be able to recover. Try to study about trading for a while before continuing again, or atleast continue it slowly and carefully think of every step.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You have some serous losses, at this point yes, you should stop trading and start making some research regarding marketplace and trading techniques because this way you will lose all your capital.
You should take a break and start studying about trading, it's not that easy. Then you can continue, but with small amounts until you learn how to use the chart's indices and price movements.
i will not stop trading because good traders learned from their previous mistakes. You will get a good profit when you finally learned some techniques in trading. And finally earned more and bring back
Exactly! Every trader made mistakes and they learned from it and that is why they become better each day because of those mistake they had. Experience is the best lesson we can get and if we want to be a good trader someday then we must not stop until we master the art of trading.
i will not stop trading because good traders learned from their previous mistakes. You will get a good profit when you finally learned some techniques in trading. And finally earned more and bring back
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
When my daughter experience lost almost ten times of her pay when she decide to sell it even price is fall because she needs money that time she sold it $80 only. Then after a month it worth $800.wow she lost a very big amount. Not only that, she experienced not to pay her 3 times, she almost quit. Bit my sister encourage her to continue that she can get it more some other time. She's convinced when my sister tell her that she lost a $2000 and many more but she never stop because not at all times that you are a loser there's a time also for your to jackpot. And thats true my daughter got salary we did not expect $2040 ..wow it's like wow! It's like she lose but she game. Just keep on hoping patiently and there is very good thing in the future.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
I think you should stop if you had already lost a lot. I think you should study more about trading. I really think that your strategy is not that effective because you've lost a lot my dear. Hopefully, you'll be able to recover. Try to study about trading for a while before continuing again, or atleast continue it slowly and carefully think of every step.
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
PATIENCE is the KEY in trading,if you have no patience so i suggest Stop.trading is a mindful and sort of braveness mindful because you have to reseaech and analyzed the coin you will bet in.braveness because you must have a guts to deal and wait until it gets your target price Jump to: