So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?
In trading we experience losing money and if I remember it was around 0.1btc only. This was of having a mistakes when investing in a coin not profitable in the market. Also, the mistake of being impulsive buying a certain coin at a high price. Anyway, learn lessons during those days when doing trading then next time to set a plan before investing in crypto. 
Topic: So traders, how much You lose? - page 2. (Read 2903 times)
If i count my total lost in trading arround 5btc and my total lost when get hacking 4btc
I know its not small amount, if i remember it, im very sad, but i must continue my life.
I hope i can get profit again and recovery my lost
Thats a huge amount really. In my case I didnt count my losses in trading but if I estimate it I think its less than 1 btc. The causes for this mistakes are not selling when needed and buying the wrong coins for believing those who shill the coins for their own good. Well its all in the past and cant do anything about it but to move on. I know its not small amount, if i remember it, im very sad, but i must continue my life.
I hope i can get profit again and recovery my lost
So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?
If i count my total lost in trading arround 5btc and my total lost when get hacking 4btc
I know its not small amount, if i remember it, im very sad, but i must continue my life.
I hope i can get profit again and recovery my lost
So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
There are some months that i lose money in trading because my strategies aren't suitable with the market. I lose 300-500$ but it doesn't matter, try to fix it and earn some profit next month. Im sure the Beginners lose coz of FOMO.
Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
Higher the risk higher the rewards and so is the risk factor which goes without saying . Something are in our hands to cut losses like not to sell during panic mode , buy during the falls and sell when you reach your goal without you becoming more greedy etc. Such basic things helps us to cut some losses .
Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
Higher the risk higher the rewards and so is the risk factor which goes without saying . Something are in our hands to cut losses like not to sell during panic mode , buy during the falls and sell when you reach your goal without you becoming more greedy etc. Such basic things helps us to cut some losses .
Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
Higher the risk higher the rewards and so is the risk factor which goes without saying . Something are in our hands to cut losses like not to sell during panic mode , buy during the falls and sell when you reach your goal without you becoming more greedy etc. Such basic things helps us to cut some losses .
So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
I say the trade loss that I have been doing since 2017 until now has estimated my loss of around 2500 $, but I do not regret it, because I still trade it until now, even though it may be difficult for me to be able to get a profit now, but I hope that in the years to come I will be able to recover the losses that I am experiencing at this time, and I hope to get even greater profits. Im sure the Beginners lose coz of FOMO.
Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
If it is based on my trading history, I always set a maximum 10 percent loss for my trading when I have a losing trading and after the negative profit hits 10 percent I will immediately cut my position so I can mitigate the loss without any emotion and just stick to my strategy. Eventually, due to my greed and not having a clear trading plan, I lose at least $5,000 in my entire trading journey.
It seems like the mistake in your strategy was the massive losses that you were willing to take, it is recommended that you only risk 1% or 2% per trade, if you risk 10% per trade then you only need a few losing trades to be in a terrible position and you may come to the point in which you will be unable to follow your strategy anymore and you will be more susceptible to make mistakes.Finally you admit that you did not had a clear trading plan and that is a huge flaw as well, especially when the consequences of making a mistake when you are trading can be so devastating,
If I lose in a trade, it is okay for me as long as the loss is up to 10% only. There are really trades that are against to my bias so for me it is normal to lose sometimes. I also keep learning different ideas and knowledge from my losses. Loss are good to me because it makes me a better and improved person. There are traders who keep losing big amount of money because of they are not good in terms of risk and management.
losing is normal, I also often lose large amounts before but it all becomes a lesson to be better. after that, I always apply the cut loss strategy to my trades and the maximum is 10%. Cut loss management is very useful for minimizing greater losses.If I lose in a trade, it is okay for me as long as the loss is up to 10% only. There are really trades that are against to my bias so for me it is normal to lose sometimes. I also keep learning different ideas and knowledge from my losses. Loss are good to me because it makes me a better and improved person. There are traders who keep losing big amount of money because of they are not good in terms of risk and management.
losing is normal, I also often lose large amounts before but it all becomes a lesson to be better. after that, I always apply the cut loss strategy to my trades and the maximum is 10%. Cut loss management is very useful for minimizing greater losses.
So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
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I lose my patience. Lol.
Whenever we trade, we always lose. It's part of it. Just like a game. There is no always a Christmas so don't expect as if lucks run everyday for us. We need to accept the idea that losing in a trade is normal. Because if we make it as a problem, the confidence in our decision and execution will be affected. Its good to lose, atleast we know how to ride again for the next time.
Im sure the Beginners lose coz of FOMO.
[/quote
I lose my patience. Lol.
Whenever we trade, we always lose. It's part of it. Just like a game. There is no always a Christmas so don't expect as if lucks run everyday for us. We need to accept the idea that losing in a trade is normal. Because if we make it as a problem, the confidence in our decision and execution will be affected. Its good to lose, atleast we know how to ride again for the next time.
It is normal for us to lose business in agreeing with you so we need to manage our trade and capital in a fair way We need to move forward with experience from the damage we do We must be careful about investing and we must go ahead with education on how much we lose.
I had 19 losing years before I finally became profitable. I gave up several times, but always ended up coming back. I lost totally $10,000 and the biggest one was $2,000. It's not easy. It's a long, difficult journey, and most people won't make it. I'm glad I didn't give up because now I'm a full-time trader (in cryptocurrency i am a holder at most time), and making a comfortable living, able to live anywhere in the world. If I had to do it again, I would use smaller accounts. I should have just used $200 accounts, not $2000 accounts. Keep your positions small until you know what you're doing and Don't be greedy!
You have a great stamina that you are still doing trade after losing a huge amount in trading. I was also a trader and started my trade in 2017 in the year when trading was much easier and even kids can earn in that year but after that when we entered in 2018 everything became harder and then I started to lose my money and then I considered that I have to stop full time trade and I started some other jobs to earn money. I am now waiting again for the time like the end of 2017 and will start again full time trade. If I lose in a trade, it is okay for me as long as the loss is up to 10% only. There are really trades that are against to my bias so for me it is normal to lose sometimes. I also keep learning different ideas and knowledge from my losses. Loss are good to me because it makes me a better and improved person. There are traders who keep losing big amount of money because of they are not good in terms of risk and management.
losing is normal, I also often lose large amounts before but it all becomes a lesson to be better. after that, I always apply the cut loss strategy to my trades and the maximum is 10%. Cut loss management is very useful for minimizing greater losses.
So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
My loss calculation last month was $ 74 more and my profit on trading was $ 451, I always counted my finances both in crypto trading management and my work. I also create my trading portfolio and manage finances with the help of a system that I created. Whereas at the beginning of this month I only made a few small trading profits, I hope there is a good jump for me to enter next week. Im sure the Beginners lose coz of FOMO.
I know the risks I take in trading and I know that my money in trading is not free. I'm a form of trader who doesn't put all the eggs in a basket so I'm good at managing the risk. Loss is inevitable, which means that even professional traders suffer losses. I sometimes experience losses, but because of my risk management, it's only low as I don't go all in when I do business.
The point is to always use money that is ready to be lost, with controls like that at least we will reduce losses in large amounts. So in this case self-control which includes emotions and greed will be important if you don't want to lose. Indeed, loss is unavoidable but at least we can manage losses to a minimum that we can.
I know the risks I take in trading and I know that my money in trading is not free. I'm a form of trader who doesn't put all the eggs in a basket so I'm good at managing the risk. Loss is inevitable, which means that even professional traders suffer losses. I sometimes experience losses, but because of my risk management, it's only low as I don't go all in when I do business.
like many traders, im losing too much in margin trading. I got to know this crypto market through margin trading. I am ambitious to achieve $ 10,000 with a capital of $ 2000. but the more the business trades at a loss so my experience right now is not to expect too much, trade well planned and manage capital.
That was your mistake, margin trading is for expert traders only, but obviously the exchanges are not going to tell you this since they earn money by the commission they charge and they need you looking at the markets and trading them to make profits.Also this market has enough volatility as it is if you add margin trading on top of it then almost any movement in the market can be enough to wipe out your account in a matter of minutes and if all of that was not enough your goals were very high you basically wanted to obtain 400% of your capital and while you do not say how long you planned this to take place I will be not surprised if you were attempting to get those results in weeks.
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