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Topic: Loss in trading - page 23. (Read 1809 times)

hero member
Activity: 3052
Merit: 606
January 15, 2018, 08:09:24 AM
#69
The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
Yes patience is the very first key in trading.We should not always think of making profit in the shortest time.Monitor first the price movement before jumping into conclusion.It's never an easy thing to trade just because you have lot of coins onhand,learn to weigh things closely,and when you already see the price has gone so far from the day you bought it,then for sure it's the right time to sell.Trading really needs most of your time than any other activity here.
hero member
Activity: 2842
Merit: 772
January 15, 2018, 07:07:18 AM
#68
The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.

In every journey in life, one must experienced a lost so that we will successful in the future. So trading is not a exemption. I myself have experienced a lot during the course of my journey, specially in the beginning. There are days that I want to quit and think that trading is not for me. However, I kept on going and learn a lot from my past mistakes. I say that I'm doing good right now and I'm very thankful that I decided to stay in trading.

Well if you buy coins at a high price then you sell it at a lower price, definitely you will lose. If you think the coins you buy gets low, you shouldn't sell it, you just hold it for a while and wait for the price to get higher so you can get profit. Don't hurriedly sell your coins and be patient to win in the trading.

Of course that is not the correct way and you can't really profit that way, unless the coins started to rise again. And you will only get a small profit, as compare to getting it when the price is extremely low. Patience is really the key here. We need lots of them. We should learn how to manage it so that we can profit in the future.
full member
Activity: 154
Merit: 111
January 15, 2018, 06:44:40 AM
#67
Well if you buy coins at a high price then you sell it at a lower price, definitely you will lose. If you think the coins you buy gets low, you shouldn't sell it, you just hold it for a while and wait for the price to get higher so you can get profit. Don't hurriedly sell your coins and be patient to win in the trading.
newbie
Activity: 99
Merit: 0
January 15, 2018, 05:51:56 AM
#66
The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
sr. member
Activity: 560
Merit: 257
January 14, 2018, 03:28:36 PM
#65
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
There are several ways to lose money from trading. First is the one you said, buy at one price and sell for lower than you paid, that is bad way to trade. There are few things that trader needs to have in mind:
First is price - remember price that you paid for coins and try not selling for lower than you paid
Scond is transaction fee - have in mind that you will need to pay that too
Third is how much will you lose after changing crypto into fiat
Therefor to have positive income you need to earn enough money to cover those expenses and a bit over that. I think that is the basic things for trading.
hero member
Activity: 2968
Merit: 687
January 14, 2018, 03:13:19 PM
#64
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
You did already answer your own question which trading is simply means a buy low and sell high thing.It sounds too basic but executing and making orders aren't really that simple because we wont even know on a certain coin if its on peak price or bottom price which really makes it hard.You would really lose up money if you do buy high sell low,which is a common sense thing. but if you do decide to hold up its not still consider a loss since you didn't sell anything but somehow this thing turns out to be a gamble.
full member
Activity: 322
Merit: 100
January 14, 2018, 03:12:29 PM
#63
A lot of people do not realize that they are just losing a lot of money because they are just following their emotions, and that is the worst thing that you can do, and more if you are just going to use a lot of time for trading purposes.
member
Activity: 210
Merit: 40
January 14, 2018, 02:57:42 PM
#62
I don't know anyone who hasn't suffer losses from time to time so this is inevitable.
The question is how much you lose and how you handle it. The key is experience and finding the way to cover losses with back up strategy.
It's not important if you fall as long as you know how to stand up again.
full member
Activity: 868
Merit: 116
January 14, 2018, 02:35:52 PM
#61
In general, If you are a beginner in the trade it will be difficult for you in the first period, and is necessary to learn about cryptocurrencies before you start to trade. As well, I guess that the most important thing in trading is patience.

In addition to that, for example, if you buy a large quantity of a successful currency and then after a period there will be a rise and in that moment may you rush and sells everything and then that currency will jump, as the value becomes too high. In fact, patience is essential for profit.
full member
Activity: 392
Merit: 100
January 14, 2018, 07:22:51 AM
#60
the average person who loses in trading is the person who can not wait to wait or hold and always haunted panic, usually it happens to people who invest with all the funds they have and do not leave a backup fund.
full member
Activity: 238
Merit: 100
January 14, 2018, 07:06:08 AM
#59
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️

In trading you must always remember this " buy low sell high" this is the basic thing that you must do in order for you to gained profit. So if you buy it higher then the price falls so all you need to do is to have patience to wait until that coin will rise. To become successful in trading you must have patience.
full member
Activity: 490
Merit: 100
January 14, 2018, 07:02:23 AM
#58
Losses in trade are common and are a risk that traders must accept. I'm sure a merchant also often gets a bigger profit from the losses they get.
sr. member
Activity: 1512
Merit: 326
January 14, 2018, 06:51:33 AM
#57
i think the most easy to cover loss at trading is should let cut the loss not much than capital to re buy again .
trading not always profit but user can freely cut his losses as he want . but dont always feel something down it will more down . sometime down a bit will be a sign to up the price also.
full member
Activity: 403
Merit: 100
January 14, 2018, 06:44:17 AM
#56
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
The loss occurs when you buy high prices and it continues to decrease you have to sell at a low price. Everyone lost by selling Altcoin at a price lower than the price they bought. Do not invest in high altcoin pump.
hero member
Activity: 2604
Merit: 816
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January 14, 2018, 06:31:22 AM
#55
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️

Lossing money because they sell the altcoin lower than buying price.
I know the best way is holding but if you hold not promissing altcoin so you will loss bigger.

in two months ago, sometimes I loss my money in trading because sometimes I am difficult to control my emotion although I am learning to controlled it but it still just difficult. but now, after I am trying hard to control the emotion, I've got another lesson that holding a coin is not bad as long as we can choose the potential coin that will be increase in the future. let me give the example, in five months ago, I've bought lumen at very cheap price, I don't know why but I believe that this coin will increase someday. no matter the coin drop, I still buy but sometimes when I losing my emotion, I do fast selling but it's fine, I still have another amount in my wallet. I still hold it until in the last December and early January, I see the price will increase drastically and I prepare to sell the coin and gladly, I can sell at the highest price and of course, I can make a lot of money.
jr. member
Activity: 50
Merit: 10
January 14, 2018, 06:24:49 AM
#54
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
In trading  buy low sell high and if you buy a coin a high price and you sell it in low price that's a loss.
But if buy a coin and that price is lower than you bought it, it's better to hold and wait.
jr. member
Activity: 181
Merit: 1
crypto lover
January 14, 2018, 06:04:32 AM
#53
everyone must lose money, cause this is not predictable job. I also lose 1000$ in trading,  so trading means you have to lose and learn something from it.
sr. member
Activity: 686
Merit: 257
January 14, 2018, 03:53:00 AM
#52
In trading, you lost money when you sell at a lower price than you buy. I normally hold if the coin is trading at a lower price, so I have not seen significant losses. That is the beauty of crypto, sometimes coin pump unknowingly and you are able to unload your bags.
member
Activity: 462
Merit: 11
January 14, 2018, 03:08:47 AM
#51
Everyone can not avoid lossing money in trading, all trader has been losses their money but from that losses we can learn more what the mistake and then create new trading strategy with new risk management. When we bought on the top and the price change to down trend for the better cut loss it and buy back in the cheaper price to minimize loss.
sr. member
Activity: 644
Merit: 261
January 14, 2018, 02:41:58 AM
#50
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️

You are right. You will lose if you buy at a high price and then sell at a low price but you can minimize your losses by buying in portions as the price goes lower so that your average buy price will go down too. If you have a target profit in my mind then you can set it lower having a higher tendency to be hit in case the price pumps or there will be more buyers which can be organic growth or not. As what they say, it is only a paper loss if you don't actually sell it so you will have a choice to just hold your coin until such time when the price goes up.
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