Topic: What to do if you lose $2,000 in trading? - page 21. (Read 13198 times)
Try to buyback, if you still have free money for that. But sure don't sell everything you have (car, phone, and etc) to do that. With that strategy you can get your money back when the price is a half from when you buy at the higher price
In order to avoid large losses, well, or minimize them, you need to diversify your investments
You entered the busieness and so you might have already known that you can sufer loss anytime. So panicking is useless.
if I lost 2000 k in trading then I will join in bounty campaign to return my money then I will do trading again with a smaller capital
As long as you know exactly what are you trying to do, you will always and easily find the better ways to do that, to buy and sell without letting emotion kick in
I don't see the sense in such analyses or articles... just don't invest the amount you are afraid of losing - and that's all the secret. If you take the risk, be ready to face the consequences.
Many people lose more than that but of course they earn more than that. and it's completely normal to lose because if you are not losing you are not perfecting or trying to perfect your trading strategy because not all the time your strategy will be accurate.
Yes many people losing money during trading and it happen anytime. Sometimes it is also good you experience this kind of situation for the reason's that nex time you will know what to do. Learned again how to trade once already with gain knowledge you can trade to win. 
Many people lose more than that but of course they earn more than that. and it's completely normal to lose because if you are not losing you are not perfecting or trying to perfect your trading strategy because not all the time your strategy will be accurate.
If ever I lose that huge amount of money in trading then I would start over again and try to recover it,
I think everyone could recover that huge amount of money if they could lose it from trading,
You just have to learn from your mistake and take it as an experience .
I think everyone could recover that huge amount of money if they could lose it from trading,
You just have to learn from your mistake and take it as an experience .
This is absolutely true, failures makes us a better trader. I think most of the successful traders out there are made thru their experience most especially with their letdowns. Single defeat should not define their whole capability instead encourage more to learn every single day.
My friend it depends the volume you trade. If you are trading with $5k and you lose $2k then there is a huge problem because you are -40%. You will need about +66%.
If you are trading with $50k and you lose $2k then it's ok. It means that you lost ~4%. It's easy to recover your lost with a good trade, like EOS right now which is going to reach 18-24 Billions USD market cap before it goes live in my opinion.
Important:
You should never trade/invest more than you can afford or are willing to lose.
If you are trading with $50k and you lose $2k then it's ok. It means that you lost ~4%. It's easy to recover your lost with a good trade, like EOS right now which is going to reach 18-24 Billions USD market cap before it goes live in my opinion.
Important:
You should never trade/invest more than you can afford or are willing to lose.
For me move on and forget it because I will earn that again I will stress my self because I don't know what will happen everytime. Maybe I'm not lucky that day if I lose that kind of money. So move on start to trade again.
Should talk in percentages and not $ amount. For somebody 2k could mean pennies, it could mean months rent, or it could mean a whole year worth of savings. What you should do though is dependent on where on the spectrum you land.
It's not a small loss bu hope you counted with that at the first place. What people often forget is that trading isn't just profit but losses also come along.
The worst thing you can do is trying to recover the loss quickly at any price. That could only cause more losses.
My advice is to analyse the market carefuly and wait for the right moment to act, make a plan but try to recover that loss step by step. It might take some time but at the end it will work. And learn something from that for a future.
The worst thing you can do is trying to recover the loss quickly at any price. That could only cause more losses.
My advice is to analyse the market carefuly and wait for the right moment to act, make a plan but try to recover that loss step by step. It might take some time but at the end it will work. And learn something from that for a future.
If ever I lose that huge amount of money in trading then I would start over again and try to recover it,
I think everyone could recover that huge amount of money if they could lose it from trading,
You just have to learn from your mistake and take it as an experience .
I lost it but not in one coin overall I lost more than this amount, but it is common in trading we have to accept both profit and loss then only we will become a good trader and when you lose money you will learn how to trade next time without losing money. in crypto trading, especially in BTC trading, we 100% get an opertunity to recover our loss. I think everyone could recover that huge amount of money if they could lose it from trading,
You just have to learn from your mistake and take it as an experience .
I think if I lose the total assets up to that much then I will experience a very high level of pressure because it suffered that much loss, and after that I will try to recover the assets I have.
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