- trading is a zero sum game
- one who can control emotion can be a good trader
- no proper stop loss can liquidate the funds
Topic: minimise possible losses in trading - page 3. (Read 1014 times)
Every on can not be winner is case of trading:
It is not possible to reduce the loss completely, for that we should not trade for it. But, with smarter risks, we can reduce the loss a little.
Cutting our losses is just reducing only our possible losses, so even if a little, it's considered at cut loss. Risk management is the key here, every successful trader has their own risk management because I believe that it is much better to earn small profits slowly but surely than earning big profits but you may also lose hugely. 
Indeed, and now I'm visualizing all those people who believed on those youtubers that says 'it's now the best time to buy bitcoin' or 'the last time you can buy cheap btc' and etc every month in 2018. And that situation taught me that if I'm going to invest when it occured, I will buy 10% of my capital and then observe then buy again after 3-4 months to be sure that I don't lose a lot when I'm in accumulating.
There are people who want to stay in the market regardless of the rise and fall in the market value of the coins. They are in for the ideology and understand that the future value of Bitcoin and other coins will be very high and they just do not want to miss out staying a part of the digital economy. A man in for money will minimize the trading cost by investing in coins when they are down. The profit could be claimed between a bear and bull market. 
I guess we can do this by working with more reliable sources and not jumping into every opportunity. It is not possible to reduce the loss completely, for that we should not trade for it. But, with smarter risks, we can reduce the loss a little.
Thats right, that's what we can do, with reduce risk in trading. You can do that by enriching yourself about the science of trade, strategy, and honing your skills. if you want minimize losses, what you can do is cutlose or try to recover by trading on another coinAvoiding losses or maximizing profits are same thing with respect to trading always. Hence, a trader just always need to focus on maximizing his chances of cracking big profits for his capital which will lead to avoid losses ultimately at the end of the day. Just focus on research and analysis and you are all set perfectly.
I guess we can do this by working with more reliable sources and not jumping into every opportunity. It is not possible to reduce the loss completely, for that we should not trade for it. But, with smarter risks, we can reduce the loss a little.
Thats right, that's what we can do, with reduce risk in trading. You can do that by enriching yourself about the science of trade, strategy, and honing your skills. if you want minimize losses, what you can do is cutlose or try to recover by trading on another coinHODL. For at least a year. If you're that much afraid of losses, then just put your money in a well researched coin and leave it there for a long time. Day trading is not for people who are afraid of getting losses. Though the longer you're active in trading the more you'll be ablenti cut on these losses by accumulating skills to better read the market. Actively trading would be your long term solution if you're determined to excel in day trading.
Like last year, the whole year was bad for holders as we are witnessing how the price constantly going down, and therefore it explains holding at least a year gives profit. It has to be at the right timing, even if you hold for 1 month but the price was already achieve, you have to sell without hesitation.
Indeed, and now I'm visualizing all those people who believed on those youtubers that says 'it's now the best time to buy bitcoin' or 'the last time you can buy cheap btc' and etc every month in 2018. And that situation taught me that if I'm going to invest when it occured, I will buy 10% of my capital and then observe then buy again after 3-4 months to be sure that I don't lose a lot when I'm in accumulating.
I guess we can do this by working with more reliable sources and not jumping into every opportunity. It is not possible to reduce the loss completely, for that we should not trade for it. But, with smarter risks, we can reduce the loss a little.
Thats right, that's what we can do, with reduce risk in trading. You can do that by enriching yourself about the science of trade, strategy, and honing your skills. if you want minimize losses, what you can do is cutlose or try to recover by trading on another coinHODL. For at least a year. If you're that much afraid of losses, then just put your money in a well researched coin and leave it there for a long time. Day trading is not for people who are afraid of getting losses. Though the longer you're active in trading the more you'll be ablenti cut on these losses by accumulating skills to better read the market. Actively trading would be your long term solution if you're determined to excel in day trading.
Like last year, the whole year was bad for holders as we are witnessing how the price constantly going down, and therefore it explains holding at least a year gives profit. It has to be at the right timing, even if you hold for 1 month but the price was already achieve, you have to sell without hesitation.
I guess we can do this by working with more reliable sources and not jumping into every opportunity. It is not possible to reduce the loss completely, for that we should not trade for it. But, with smarter risks, we can reduce the loss a little.
Thats right, that's what we can do, with reduce risk in trading. You can do that by enriching yourself about the science of trade, strategy, and honing your skills. if you want minimize losses, what you can do is cutlose or try to recover by trading on another coinHODL. For at least a year. If you're that much afraid of losses, then just put your money in a well researched coin and leave it there for a long time. Day trading is not for people who are afraid of getting losses. Though the longer you're active in trading the more you'll be ablenti cut on these losses by accumulating skills to better read the market. Actively trading would be your long term solution if you're determined to excel in day trading.
Understanding the trend of market is one of the important thing in crypto trading, we have to enter in to this market when bullish trend only. Use risk management is second important thing, we have to use stop loss and trailling stop for each trade.
But let me get something right, isn’t the bear market actually the right time to enter market and accumulate much coin as much as possible before the bull trend because during bull trend, price would have been too high for any investor to come in at that time, just like the bear market we just witness.Though I am not sure if we are fully out of it, it was when market went down that many people started buying coins against the bull market, except what you mean is that it is best to trade during bull trend than bear which I equally agree with that because prices tends to fluctuate a lot then which will be a good point of entry for good traders.
I guess we can do this by working with more reliable sources and not jumping into every opportunity. It is not possible to reduce the loss completely, for that we should not trade for it. But, with smarter risks, we can reduce the loss a little.
Thats right, that's what we can do, with reduce risk in trading. You can do that by enriching yourself about the science of trade, strategy, and honing your skills. if you want minimize losses, what you can do is cutlose or try to recover by trading on another coin Understanding the trend of market is one of the important thing in crypto trading, we have to enter in to this market when bullish trend only. Use risk management is second important thing, we have to use stop loss and trailling stop for each trade.
But we could also enter the market when the price is down because that will be our chance to buy any coins at a low price. After that, we don't have to do anything because we only need to wait for the price to increase higher so we can sell and make the profit. That could be a way to minimize the losses in trading, but there will be no guarantee to see the price will increase after we bought. My opinion is when a trade is doing their proper work it will always been profit for him there is no losses will happened in this meeting will be very very low percentage of possibility so if anyone getting a loss from trading it will always his mistake only not about the market will not victim for the situation.
Of course, you can't blame the market and the situation if you lose. there is a knowledge that you have to explore, so you know when the price will fall and how to manage that risk so that it doesn't harm you, all you have to do is learn it, if you lose it certainly is your faultAlso there are a lot of other essentials factors which are necessary in trading and unless and until we learn them, it gets much challenging to bear genuine profits. The more deeper you go into trading the more knowledge you gain no matter you face profits or losses, always stay knowledgeable and you might surely see something goof coming ahead.
It is very possible to minimize possible looses and at the same time make one percent profit from your daily crypto currency trading only if and only if you are a good trader and keep to your trading method and money management policy.
Well usually it's a person's own greediness that causes losses. If you have a plan and your target is hit, be satisfied with the profit. Don't try to gamble for bigger ones because that can cause a domino effect of emotions that can very well get out of control.
Understanding the trend of market is one of the important thing in crypto trading, we have to enter in to this market when bullish trend only. Use risk management is second important thing, we have to use stop loss and trailling stop for each trade.
It is very possible to minimize possible looses and at the same time make one percent profit from your daily crypto currency trading only if and only if you are a good trader and keep to your trading method and money management policy.
To minimize the loss there is a solution that is to diversify. This can be in the form of buying 10 different coins, (or more to further minimize).
Or invest only a certain percentage of your portfolio in cryptos (let's say 25%) and the rest in other investments, whether it is gold, stocks option, funds... 25% in each investment is a lot safer than 100% on a shitcoin
I firmly agree that it is always better to invest in multiple investment firms rather than just a single investment. There always is higher profits by dividing our investment into certain pairs.Or invest only a certain percentage of your portfolio in cryptos (let's say 25%) and the rest in other investments, whether it is gold, stocks option, funds... 25% in each investment is a lot safer than 100% on a shitcoin
There are a lot of precautions which once followed properly can avoid all the losses and can cause profits ahead but it would only depend how deep we research and on which field we are investing into. I can't predict about any other markets excluding cryptocurrency markets so i would personally try avoiding those investments and try investing into several coins and genuine ICO projects which would be worth giving it a shot.
My opinion is analysing the current market and making the right Move for the the current situations will give the extra success for our work because this time we need to be more careful when we are doing any type of trading so everything will be e important to be get the profit without less amount of losses.
To minimize the loss there is a solution that is to diversify. This can be in the form of buying 10 different coins, (or more to further minimize).
Or invest only a certain percentage of your portfolio in cryptos (let's say 25%) and the rest in other investments, whether it is gold, stocks option, funds... 25% in each investment is a lot safer than 100% on a shitcoin
A lot of people here think they're professional traders. One day they will apply to work in a bank, they will say on their CV that they traded $100 in ETH
Or invest only a certain percentage of your portfolio in cryptos (let's say 25%) and the rest in other investments, whether it is gold, stocks option, funds... 25% in each investment is a lot safer than 100% on a shitcoin
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A lot of people here think they're professional traders. One day they will apply to work in a bank, they will say on their CV that they traded $100 in ETH
I do not really believe in forecasts, but I think that the analysis is still necessary. The main thing to understand that there is never a 100 % guarantee that it will happen exactly as you intended.
Sentiments and analysis are very important if you want to know what would be the next move of the market and you don't have to make a wrong guess. But the market is always unpredictable that's why most professional traders are still losing but if OP tells that there is a way to minimize losses then most pro traders are doing it first but they still lose, no matter what the odds are if you still lose then that proves that the market is very unpredictable. My opinion is when a trade is doing their proper work it will always been profit for him there is no losses will happened in this meeting will be very very low percentage of possibility so if anyone getting a loss from trading it will always his mistake only not about the market will not victim for the situation.
Of course, you can't blame the market and the situation if you lose. there is a knowledge that you have to explore, so you know when the price will fall and how to manage that risk so that it doesn't harm you, all you have to do is learn it, if you lose it certainly is your fault Lot of people are using 10s of indicators, draw lines and do 100s of things to analyse the market. Well I don't. The only thing I use for my trading is are the Bollinger bands.
Everyone has own technique or tool, so you should respect as we also respect your tool in trading which is Bollinger bands, using some other tools in trading is not bad, as long as they provide technical analysis on every trader. I also agree that Bollinger band is a good tool for trading, I remember before I started to trade, I also used this tool and I agree that it is good for short term trade or scalping method just like what you are doing. My secret is very simple VOLUME!!!!
I want to ask, how do you use the volume on your trade? What specific analysis did you consider on the volume? Jump to: