Losses | Bitcointalksearch.org

herurist

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Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

I believe you think about stop loss, one of the best tools to minimize loss and protect your quantity asset. Avoid loss is hard but we only can minimize it, like or not you'll face it. Make plan, calculate your money management and keep disciplines with your own rules strategy, it will safe you from loss. Good luck to you.

zanezane

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Quote from: Sinecoin on April 24, 2018, 10:19:18 PM

Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

In my opinion, the most profitable way to trade is to buy the dips and sell the highs. Now the hard part is figuring out what is considered low and what is considered high but a good way of doing that is to look at the growth or drop in price over the last few months. If the market experienced a massive drop over the course of a few months then it would be good to buy and vice versa.

Indeed and if you see that you already profited then sell it and when you see that you're losing don't think to cut lose and just hold it, and in this way you can at least lessen your losses. Trading and losses are always meeting up half way and it's up to you how you avoid losses and lastly, don't be too greedy because sometimes being greedy can lead to losses.

SellBuyAcc

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In trading you cannot avoid the losses in trading because it is totally the part of trading its is part of the experience pf trading at all so it is okay.

rose9696

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Quote from: n0ne on April 24, 2018, 10:20:09 PM

Each and every user into trading experiences loss, but the loss can be overcome by the user, if he has got patience. Some users out of panic and frustration sell when the price falls and such cases losses were unavoidable. Very few loss due to their bad luck in trading.

right. Trade is a job that requires a lot of patience. But having patience is not enough, we need to have investment experience in this area.
The best way is to learn daily. Highly motivated people are always successful in any job. Always learn daily and work hard to achieve success.

n0ne

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Each and every user into trading experiences loss, but the loss can be overcome by the user, if he has got patience. Some users out of panic and frustration sell when the price falls and such cases losses were unavoidable. Very few loss due to their bad luck in trading.

Sinecoin

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Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

In my opinion, the most profitable way to trade is to buy the dips and sell the highs. Now the hard part is figuring out what is considered low and what is considered high but a good way of doing that is to look at the growth or drop in price over the last few months. If the market experienced a massive drop over the course of a few months then it would be good to buy and vice versa.

Tynovten_

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Avoid the loss on trading is a impossible thing but to minimization it, that's an important thing to do.

Thing that need to do id target for cutloss and target for benefit. Make it in fittingness value.

Xetonica

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To avoid more lossing your capital sell your coins atlease 30% gain or more but when it comes to investment i should make the background check first if that project or company are not scam to avoid lossing your capital.

Scallywag

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it all depends on the reason why the coin is down , if the whole market is down there is not much you can do. if it is for another reason , and i think it will go down more i just sell. sometimes you just have to take your losses.

bosimpson54

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Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

I am very surprised when you lose business, you can see that the market has been fluctuating in the past few days, the price of bitcoin and altcoin are constantly increasing. Now is the time for traders to get involved in the profitable market, now you have to analyze and plan a specific investment to be able to get back what was lost.

danherbias07

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You should always set a number of what you will trade. That should not be forgotten. Grin

Manual trading is a hard task. There are times when you are doubting the market and suddenly buys or sells at the wrong time.
It takes me so long before I could click that offer that I like. I see to it that I am making a right decision first. Somehow it works, waiting for the price to just move even a little will be a big change if you have loads of amount of tokens.

yesss

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Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

The market at the moment is a lot of fluctuations, you have found that prices of bitcoin and altcoin are continuously increasing for several consecutive days and there is no sign of going down. At present, bitumen prices are showing signs of correction and at the beginning of time, there are divergences. So I think you should not trade at this time would be very dangerous.

BrewMaster

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the first step is obviously as others said, to choose your investment wisely but also you can to be able to choose it the right time. for example even the best investment like bitcoin has downtimes. if you bought it at $20k that means you put yourself out of the game, you have to hold until the recovery or you have to sell at a loss to come back to the "game".

Quote from: brawdias on April 23, 2018, 06:44:57 PM

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

yes but that depends on the market it never is a fixed number for me.
for example in a small altcoin that is starting to get pumped and i catch it at the start of the pump, the % is somewhere around 100%
but in a bigger coin that is getting pumped this is around 20-30% or less even.

ariyzt

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yeah i always make a target when i buy coin
what price i will sell and what price when i cutloss
so when the price is down , my loss not that big
for sure Losses are unavoidable

dothebeats

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Losses are unavoidable, though you can try to minimize it by not trading with your emotions and impulses due to some abnormal market movements. Most of the time you will see that the price is being manipulated while you are lured in and inclined to think that this is a legitimate market reaction. Due to this, you won't be looking for any signals available but instead be charging head-on in buying since you think this is all natural. Also, when you're already on a losing streak, it's best not to chase after them simply because your inner rage and the urge to "win" may lead to further losses on your end.

Wonder_woman

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Quote from: Jericka D Ranillo on April 23, 2018, 08:21:09 PM

You can avoid losses in trading just only remember buy low sell high. When there is a pump sell that coin and when there is a dump buy. But pick a good coin to be trade that will 100% have a volume. Dont trade unfqmiliar.coin that can be dump forever.

You are right but sometimes when I do this while I am waiting for more higher I always do the waiting but the timing for me is not right. So, it's really hard for me to trade since sometimes I am afraid on gamble it but in trading we really need to gamble.

bitbunnny

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You can't avoid losses, sooner or later they will hit you. So it's good to set some limits how far can you go and what is acceptable. But this is very individual so you have to make decision for yourself. And don't cross that boundaries.
The worst thing you can do is to force recovery immediately after loss, probably you will only make things worse. Take a day or two, cool the head and think about strategy what to do next.

Caladonian

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For me, It's very important to set your goal, both buying and selling your assets, if you have this skills and you know how to practice it well, then
losing inside trading will be much lesser, those who understand how to take advantage of certain movements inside crypto are the one who can
really enjoy decent earnings, many wrong decisions has been made together with panics and greediness, so better to understand everything first
before dealing with it.

trecore4

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Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

For me that depends on the coin that I am trading on. I mean right now my portfolio is around 5-6 coins and of which three of them are ETH, XRP, NEO. These coins are certain that they will regain the dominance as the previous ATH they had so I dont have to worry about them at all even if they are going down a way lot. I mean just look at the current situation. They dropped a lot over past month and caused me loss of around 40-50% from each of them but I did not put any limit order or manual order on them and successfully gotten the break even back as the portfolio started growing back! Thats what you do, you choose to trade according to the coins.
For rest of them I do keep -5-10% of limit in the loss. And considering the profits, I will try to gain as much as I could but without getting greedy.

Slow death

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Quote from: brawdias on April 23, 2018, 06:44:57 PM

What do you guys think is a good approach to avoid losses when you trade?

Do you guys set a number before selling, for example, only trade when you have -5% or a +15% ? Any guide?

you must know the project very well, you must know who the creators of the project are and how this project could be useful for society, will there be people who will use such a project? and how many people can use such a project? will the project be sustainable in the long term? what do the competitors offer and what is this project better than the others? do this type of research and buy it if you are sure that all is well and hold for the next few years. however, in the case of bitcoin I also recommend that you buy low and hold for at least a year or more of a year

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