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Topic: What to do if you lose $2,000 in trading? - page 19. (Read 13158 times)

full member
Activity: 1008
Merit: 101
Trading is too risky i know and losing that big amount is unacceptable for me. But i know there so many ways i can do to find where i lose and how to get it back. Patience is one of the key to success.
For sure it is wise not to take sudden decision as if today you unfortunately lose some of bitcoin don’t be hurry to sell remaining as it is your careless that you will lose otherwise there is no any chance to lose that much in bitcoin, those who keep patience wins at the end most of the time people get lose because they become greedy to sell early and to sell at panic, so always deal with the situation with patience.
newbie
Activity: 129
Merit: 0
losing in trading is quite common thing we should nt feel panic and sad in losing money in trading wait for better opportunity and again open positions for profitable coins in the market
sr. member
Activity: 750
Merit: 258
$2000 is the small amount of trading. I have suffered a bigger loss. about $100000. However, I do not feel sad. I have learned a lot from my loss and I understand that emotions are what make us become stupid in many situations. If you are a hard work man and willing to learn new techniques, I believe that you will soon recover your loss
newbie
Activity: 154
Merit: 0
If we lose $ 2000 in a transaction, we should not be desperate, but we must draw lessons that will not happen again and we need to plan for the future.
newbie
Activity: 28
Merit: 0
Some days are good, some days are bad that's the life of traders, and then there are really good days , and totally bad days, you just explained a situation like that. One thing you must practice as a trader is a spidy sense, a sense that tells you when to stop or when you hare having a chain of loses to take a break.

after 3-5 loses best thing to do is just STOP. stop what you're doing get up and go out, at least out of immediate environment, and do some fun things. and when you calm come back, do some Demo again, no matter how experienced traded you are keep wining on demo gives confidence for the moment and then start again.
legendary
Activity: 1834
Merit: 1036
I think I lost more than $2,000 USD already if its accumulated but I its just one day, I might rethink of what I am doing and plan for the next move. Losing that much money in a day is big specially if the amount of money you invested is near the amount that you lost. I love trading and losing that amount of money will not stop me from trading. I may have lost $2,000 today but tomorrow I can earn it back and maybe even more. All it takes is just focus and learn from your mistakes.
jr. member
Activity: 130
Merit: 5
jr. member
Activity: 112
Merit: 1
Losing and wining are two paths of the journey. Losing makes you wise and do things better next time and anyone who is always afraid of losing never takes a step.But if you can put the fear of losing aside and move forward,you will always have great experience in your journey of life.You have to sit down and learn from the experience. Learning from the experience of losing is the greatest win but failing to learn from the experience makes you an actual loser.
full member
Activity: 392
Merit: 103
www.daxico.com
if ever i will lost 2000$ in trading i would take my experien as an eye opener or warning to me everytime i do trading in order not to commit the same mistake again. losing in trading is part of traders life and it makes your decision making more cautious to avoid losing in trading. just move on and one day once you become a good trader you can recover your loss and even earn much profit.
newbie
Activity: 77
Merit: 0
Trading is too risky i know and losing that big amount is unacceptable for me. But i know there so many ways i can do to find where i lose and how to get it back. Patience is one of the key to success.
jr. member
Activity: 36
Merit: 1
Identify what mistakes you made which made you loose $2,000 in trading... And dont repeat those mistakes again..

I think in future their will be BOTS that will trade on your behalf using past data
hero member
Activity: 658
Merit: 505
losing money in trading is not only about lacking the capabilities of making money through that activity, if you ask any trader that is successful will tell to you that losing money is almost inevitable at some point you're going to make a mistake because you are not a computer and you are not a machine, what you need to do is to concentrate on the reasons of the mistake and to try to prove in that particular area.
jr. member
Activity: 182
Merit: 1
The key in trading is patience, Lose and profit are sure in trading.
What to do if you are lose? It's better to make it an experience and you need to learn more about the crypto and analisys.
Anyone who gets stressed out loses too much money, but the winners are those who overcome all the hardships, know how to stand on failure and draw lessons for themselves. Patience is a very necessary element to bring success.
newbie
Activity: 191
Merit: 0
You must learn from the failures and invest twice as much as you lost for the next time. So you can make a profit and have lost the last time.
newbie
Activity: 182
Merit: 0
Perhaps you are a trading partner and you immediately get it inexperienced from here for sure you can not earn and lose money when you do not know exactly what you need first and now you're losing money you know that next step you will.
full member
Activity: 461
Merit: 101
I think all the hints are already stated in the OP's post. What we should do more to it, my own experience and advice is to learn from this mistakes and try to learn again trading has no end of learning. Losses can't be avoided however this things can be done with less risk and you know what to do next time before you gonna lose that amount.
In my opinion if you lose $2000 in trading just let it all passed because you couldn't make anything to return what you've lose but you can make up with your mistakes. Learned from this mistake of yours and move forward keep on trading if you'd still have the courage to keep on doing it because best lesson comes from the biggest mistakes.
hero member
Activity: 658
Merit: 500
I think all the hints are already stated in the OP's post. What we should do more to it, my own experience and advice is to learn from this mistakes and try to learn again trading has no end of learning. Losses can't be avoided however this things can be done with less risk and you know what to do next time before you gonna lose that amount.
hero member
Activity: 1274
Merit: 502
Leading Crypto Sports Betting & Casino Platform
The key in trading is patience, Lose and profit are sure in trading.
What to do if you are lose? It's better to make it an experience and you need to learn more about the crypto and analisys.
jr. member
Activity: 246
Merit: 1
Realistically, one needs to lose a lot more money to become an experienced trader devoid of any emotions. I lost a lot of money when I started forex trading many years ago, but stuck to it and eventually learned to how be a successful trader. Don't consider that as a loss, but rather as an investment in your knowledge.
jr. member
Activity: 1288
Merit: 7
Losing money in cryptocurrency trading is a common experience. However, that amount of loss should be a concern.If the value of a market goes down, there may be need to exercise patience. Basically loss is experienced when the value is lower than what you bought it. With patience,  the coin or token value can go up and you recover the loss. If, however, you decide to make the sales (at a lower price than you bought it) that is when you experience the loss. With patience,  however, you can recover your losses. Another aspect to consider is how to use Stop loss/stop limit. I will request experienced people on this thread to throw more light on that. Is it possible that if the trader used Stop loss/Stop limit he could have averted the loss of $2000.00? Can someone with experience on the use of Stop loss/Stop limit help us on this issue?
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