Topic: Stop or continue trading - page 12. (Read 1198 times)
It depends on you because it's just an initial investment into trading you gain your capital but did you learn something if yes it serves as a lesson to you and analyzes whats wrong whats your mistake, if no I guess you need to take a break first and deepen your understanding it because it's not good if you make a trade every time but you didn't get a good out come also to avoid liquidation set a take profit and stop loss its ideal to use.
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
Look man I know how it feels to lose all of your capital in trading. I’ve been there. Made bad trading decisions and eventually at a loss in the end. Yes we all need to take a break for once in a while, and try to reflect if trading is for you or not.
Trading isn’t for everyone. This is only suitable for those who are strong enough to take risks and never regret even if they lose their money. It’s because when we put any amount there, we should treat it as dead money and make sure that you always learn how to manage your risks and be financially stable as well.
For me, day trading is kinda “stressful” than just simply buy and hold for long.
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
I supposed you were trading with leverage that's why your capital are lost? I think you should restudy trading and read books regarding about it as far as I know you are supposed to trade only 1%-5% of your total capital. Also, I think there is a problem with you it's like gambling urging to initiate again on something after you receive a damage.
If you do decide to go back to trading, use less risk.
Don't put everything into one trade, put less than 10% in and if you're still learning or overconfident - go even lower than that, you can do 1% and still make decent profits without much risk if you lose it - but don't use that as an excuse to spam trade.
Don't put everything into one trade, put less than 10% in and if you're still learning or overconfident - go even lower than that, you can do 1% and still make decent profits without much risk if you lose it - but don't use that as an excuse to spam trade.
I have lost all my capital to trading but still yet I feel the urge to trade more
A big and important question: Do you learn anything from your big loss?If you did not learn anything from it, did not spend a couple of days, weeks to think of it, you will lose more when you continue your trading.
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I spent a huge capital to trade some new coins recently and was actively involved in spot trading.
Spot trading, good enough because you did not involve in leverage or future trading. However, how did you lose? Did you buy peak sell bottom or did you fomo too much when buying and over panic when selling? The market is a zero-sum game so your capital will flow to others if you make bad decisions.You made bad approach by using all capital for trading. Most of traders lose money so saying goes like this, don't use all capital for trading. It is safest if you use 10% of your capital for trading. If you lose it all, you will lose only 10% of your capital.
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But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
Only if you can get real lesson from your loss and know how to correct it. 
Totally up to you. But let me ask you, do you think you actually made progress in learning about trading after your loss? Because if you learned nothing, then you're probably doing things wrong. On the other hand, if you think you made progress, then you should at least be slightly better the next time you trade.
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
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