Topic: So traders, how much You lose? - page 5. (Read 2872 times)
I lost some money trying to day-trade in the beginning. That is not for me, I tried to follow some signals, to make some analyses, nothing worked for me. I lose money, then I get in some new trades and I lose again like it was a conspiracy when I buy prices go down when I sell prices go up. My timing was a disaster! After that, I started with mid and long term trading. It's where I made a profit, where I make a profit now. I buy when market is down, as its happening now, and I simply wait for months, I have some coins I keep for more than a year.
Loss in trading is only when you count the $, I trady altcoin/altcoin so I always have crypto, that's what crypto trading is about.
I agree with you that trading in crypto is good but I think there are both profits and disadvantages in trade. Because each and every trade is somewhat lost in trading many do not raise it and many do not For this reason you need to understand better for the sake of trading If you do not understand you will be exposed to many losses.
I'm aware to the risks that I taking in trading and I know thay my money is not safe in trading. I'm a type of trader who do not put all eggs in a basket so meaning that I have good risk management. Loss are unavoidable so even a professional traders also experiencing losses. I also experiencing losses but it is only small because of my risks management where I do not go all in when I do trading.
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.
Let's see my Bitmex account. Im sure the Beginners lose coz of FOMO.
May 24: Loss 0.05BTC
Sep 24: Loss 0.04BTC
Oct 1: Loss 0.02BTC
I've had a good run in April though, during that bull run from $4K to $13K. Almost cathing all of those bull train and managed to withdraw all those winnings. But yeah the rest of the year as you can see is quite rough on me. I really should evaluate my strategy.
Can't remember with how much lose in trading because many time I bought always have lower price, last day I trade with CND coin but have faced loss again after price dump and not get profit, still holding and waiting when CND back with higher price and I not cut lost because I can take profit when CND back with higher price.
Every action on trading is profits but sometimes the people's mindset misleads them to the right fact that there's no always happy days in trading and actually same as you I learn more lesson for the lose I encounter for the past years of tradings and now I'm yet doing a great trades since I'm kinda earning some percentage on daily basis but actually not huge since I'm settled to earn 10% a day and thinking for 100% is bit suicide for me since for waiting that to be happen I lost a lots of money.
Your problem comes from your exaggerated expectations, obtaining profits every single day is completely possible but those profits are going to be very small because you are not going to hold your coins for long, but trying to obtain 10% every single day is going to lead you to take risks that are simply unacceptable and while you may get some success in the short term that success is going to be impossible to be maintained during the long term. Loss in trading is only when you count the $, I trady altcoin/altcoin so I always have crypto, that's what crypto trading is about.
Agree with you in trading we should not make it our aim to earn money but instead of it, we should make learning our goal. If we will count even single rupee that we expected to earn but did not earn it will make us mental sick so better keep our mind clear that lose and profit both are part of life and learning more and more should be our aim so we will not make silly mistakes.Loss in trading is only when you count the $, I trady altcoin/altcoin so I always have crypto, that's what crypto trading is about.
Agree with you in trading we should not make it our aim to earn money but instead of it, we should make learning our goal. If we will count even single rupee that we expected to earn but did not earn it will make us mental sick so better keep our mind clear that lose and profit both are part of life and learning more and more should be our aim so we will not make silly mistakes. 
If it is base on my trading records, when I have a losing trade, I always set a max of 10% loss for my trade and after the negative profit reaches 10% then I will immediately cut my position so I can minimize the loss without any emotion and I just stick to my plan. In overall, I lose at least $5,000 in my entire trading journey because of my greediness and for not having a strict trading plan.
after getting the loss, what will you do next? did you choose another coin or stop trading? honestly, I did not count my losses during trading. but I am only curious when people have lost like that, whether they will continue or not because if you count your losses, it means it's very valuable to you. 
I dont think there is any trader right now who havent lost at least part of his money to the volatility and manipulation of the market. People are more careful now and wont invest in anything as they were 2 years ago.
I have earned my crypto and traded. I guess I may have lost more than 30% of what I earned in these many years.
That is still pretty good if you ask me, many traders think that in order to be profitable in the markets you need to be incredibly effective with your wins and your losses and that is not accurate, as long as you can be profitable over the long term a few short term losses do not mean anything, and in fact I am in a similar situation to you, currently I have lost about 28% of the highest point my capital reached but since I am still in profits I am not worried.I have earned my crypto and traded. I guess I may have lost more than 30% of what I earned in these many years.
Every action on trading is profits but sometimes the people's mindset misleads them to the right fact that there's no always happy days in trading and actually same as you I learn more lesson for the lose I encounter for the past years of tradings and now I'm yet doing a great trades since I'm kinda earning some percentage on daily basis but actually not huge since I'm settled to earn 10% a day and thinking for 100% is bit suicide for me since for waiting that to be happen I lost a lots of money.
I dont think there is any trader right now who havent lost at least part of his money to the volatility and manipulation of the market. People are more careful now and wont invest in anything as they were 2 years ago.
I have earned my crypto and traded. I guess I may have lost more than 30% of what I earned in these many years.
That is still pretty good if you ask me, many traders think that in order to be profitable in the markets you need to be incredibly effective with your wins and your losses and that is not accurate, as long as you can be profitable over the long term a few short term losses do not mean anything, and in fact I am in a similar situation to you, currently I have lost about 28% of the highest point my capital reached but since I am still in profits I am not worried.I have earned my crypto and traded. I guess I may have lost more than 30% of what I earned in these many years.
If it is base on my trading records, when I have a losing trade, I always set a max of 10% loss for my trade and after the negative profit reaches 10% then I will immediately cut my position so I can minimize the loss without any emotion and I just stick to my plan. In overall, I lose at least $5,000 in my entire trading journey because of my greediness and for not having a strict trading plan.
10% will very often occur in current altcoin fluctuations, can go down 15% and then increase 20% in the next hour, eventually losing 5% profit momentumit's better to set 1: 3 where the stop loss is set at 30%. In these 2 months there is no movement that can be predicted with certainty, we must be more detailed in every order management, or will continue to lose.
Losing is a common thing may happen in trading, in fact, we can't become an expert without this kind of tragic even happen to us. But the good thing is that we are able to cope with some ideas in order for not happening again and such learning will serve as a guide for the future.
something that we have done in the past might be a lesson to be better in the future, just like trading as we have experienced before, we don't have to calculate how much loss we have experienced, but must be able to target profits so we can make the right decision in a short time to always be able to benefit
Agree with you, let's not look back with something that had happened in the past, we should not regret it and let's move on, let's forget how much we lost money, how much stress we've encountered etc, but we should not just forget the experience that we had learned from it, we can always earn more in the present if we will just keep going and not to look back.
Losing is a common thing may happen in trading, in fact, we can't become an expert without this kind of tragic even happen to us. But the good thing is that we are able to cope with some ideas in order for not happening again and such learning will serve as a guide for the future.
something that we have done in the past might be a lesson to be better in the future, just like trading as we have experienced before, we don't have to calculate how much loss we have experienced, but must be able to target profits so we can make the right decision in a short time to always be able to benefit
Agree with you, let's not look back with something that had happened in the past, we should not regret it and let's move on, let's forget how much we lost money, how much stress we've encountered etc, but we should not just forget the experience that we had learned from it, we can always earn more in the present if we will just keep going and not to look back.
If it is base on my trading records, when I have a losing trade, I always set a max of 10% loss for my trade and after the negative profit reaches 10% then I will immediately cut my position so I can minimize the loss without any emotion and I just stick to my plan. In overall, I lose at least $5,000 in my entire trading journey because of my greediness and for not having a strict trading plan.
I am pretty sure that major losses you had must be in the beginning of trading when you had little idea about the tricks and techniques of trading and as you said to overcome and control greed is one of the toughest tasks for young traders because everybody wants huge money in short time. But it is good for you that you have put limit to your losses and I strongly suggest this technique to every trader. This limits our greed. Loss in trading is only when you count the $, I trady altcoin/altcoin so I always have crypto, that's what crypto trading is about.
Then what next? Have you been profitable doing this? I hope you will cause losing in trading is inevitable and even experts sometimes suffer such consequences and don't think that you're not. Well, it is to believe that you perfectly understand trading and how it works but I'd never think that you are able to escape from this. And besides, you can't see how profitable you are if you don't even determine how much you lose, it is something we need to count our loses also in order to find out that you are to that point.
Loss in trading is only when you count the $, I trady altcoin/altcoin so I always have crypto, that's what crypto trading is about.
to be honest, I am among the beginners in trading but I do not mind how much my loss even though it might indeed make me disappointed, I make my losses as an experience to be better and try to be able to return my losses back and always think by looking ahead
Good point of view. As a seasoned trader I would suggest you that every time you loose you must make a note of it, for example when I was new I noticed a pattern that I was doing a simple mistake again and again and once I rectified it, my loss was reduced if not zeroed. I was making a simple mistake of buying altcoins which was not my cup of tea.I mean I am excellent at bitcoin price trading and reading real-time charts and everything but I was naive at spotting what are the best altcoins that I should invest in and once I realized my mistake I just stopped trading in alts. What I mean to say is, loss is fine as long as you do not make a common or same mistake every time.
Losing is a common thing may happen in trading, in fact, we can't become an expert without this kind of tragic even happen to us. But the good thing is that we are able to cope with some ideas in order for not happening again and such learning will serve as a guide for the future.
something that we have done in the past might be a lesson to be better in the future, just like trading as we have experienced before, we don't have to calculate how much loss we have experienced, but must be able to target profits so we can make the right decision in a short time to always be able to benefit
Why we need to calculate right? We will just stress out our self if we will continue to calculate the loss we had, we just need to charge it as our personal experience and analyze what's wrong we did for us to encounter those circumstances, but for as long as we keep going and we will not stop trading then we will be able to earn more that we lost.
Losing is a common thing may happen in trading, in fact, we can't become an expert without this kind of tragic even happen to us. But the good thing is that we are able to cope with some ideas in order for not happening again and such learning will serve as a guide for the future.
something that we have done in the past might be a lesson to be better in the future, just like trading as we have experienced before, we don't have to calculate how much loss we have experienced, but must be able to target profits so we can make the right decision in a short time to always be able to benefit
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