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Topic: What you should do when you lose most of money? (Read 5593 times)

brand new
Activity: 0
Merit: 0
There is always a negative outcome when we lose, but it is up to us on how are we going to deal with especially with stress and anxiety, large amount of money is not a big joke to lose. We can lose witu just a click. So reminders set a realistic goal and educate yourself. Many people did not know that for you to succeed you must taking a very serious risk and risk is a two way things and that is you either succeed or you fall.
copper member
Activity: 110
Merit: 60
Most of the community here they get easily give up once they failed in doing trade because they've been controlled by their emotions which is not supposed to be like that. If We lose it means we need to correct our mistakes were our methods was not right and this must not be use it anymore, must have a good target and achievable, and know how long you are going to get it something like that.
full member
Activity: 532
Merit: 101
Trading it's not easy especially if to those no knowledge about it expect that you will lose on trading. To recover them try to learn more what are best thing you can to recover your loses. Like searching and watching video how to trade.
Because in trading it needs enough skills or strategy, so if you lose you should accept and make it better again. If you dont to lose just study very well about all the information that you need to learn.
member
Activity: 420
Merit: 10
I had once lost all my money. I tried to get that savings of $ 1k9 and I invested entirely in WPP. Now its price has been divided by 10 and I have almost nothing left there.
I just tried to start over, making bounty hunters and hoping to earn a few hundred dollars to continue investing.
I still don't lose faith in crypto, I just choose the wrong object. I will choose to invest in large altcoins to ensure safety.
newbie
Activity: 108
Merit: 0
Any news about mpcx's bonuses during the IEO? I couldn't find them on https://mpcx.co/
member
Activity: 812
Merit: 10
https://hovr.site/
The thing with things in life including trading you need to learn as you move with its the only way you will succeed Learn and move on keep doing what you do and never lose home on the right track
newbie
Activity: 4
Merit: 0
It is not necessary to lose a lot of money trading before you learn how to do it properly. The learning curve is significant, that's why better to invest in education, to spend time practicing with paper trading or opening a demo account with a broker. No need to risk your hard earned money before you are ready. How you will know you are ready? Well, there is no proven receipt but you know this 10 thousand hour rule. You can master anything if you put your mind and heart into something for 10 thousand hours, sometimes much less, but almost never more than that!

If you already have these 10k hours, then Congratulations you are ready to dive into the deep water of professional trading, if not, then you know what to do Smiley

Problem with most wanabe traders is that they don't have the patience, the time and prefer to jump straight away. That's why the failure rate will always be close to 99%. It is sad, but most people are not willing to invest their time and mind, they prefer to through money away than learn something for real.
member
Activity: 81
Merit: 11
without an understanding of the market, your stay on it is a waste of life.

in general, decide you are ready to give 5 years only to study it ...
no guarantee that you will understand ...
it is a business and not everyone is able to master it ...

find a job and develop professionally
and study the market ...

or are you a player and ready to play Russian roulette?
member
Activity: 448
Merit: 10
Sometimes, our losses do not depend on the mistakes that we do. For instance, when we were investing in the crypto last winter we could not guess the market fall.
Because market is so anonymous and no body knows what will happen we will have to take decision according to market moves as if it’s falling and you know that trading can make you lose then don’t trade or sell just hold and wait for things to be normal once again it can happen any time you only will have to wait for good time or good luck.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
Lossing money for me is a important to experience those days i've been lost. Because this is life to learn with those mistakes to make a better decision again and move on what the past happened.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
Calm and review your loss the time you are on trading always be calm at the time and your loss could be lesson learned in life. No matter happens crypto will soon to be rise always hodl your crypto.
Calm and consider the problem is really a correct action when we lose a lot of money but I think when we fall into this situation, the calm is almost impossible, emotions suddenly surged up is something that we find very difficult to suppress. What we should aim for is an exercise, we can run for half an hour to an hour, this action will create excitement and positivity and our pressure will be gradually relieved, this is something that science has so much evidence, even myself, I often use this method, it's really effective and helps me stay awake, then as you say, we will begin to review the mistakes and look for repair methods
full member
Activity: 588
Merit: 103
Calm and review your loss the time you are on trading always be calm at the time and your loss could be lesson learned in life. No matter happens crypto will soon to be rise always hodl your crypto.
member
Activity: 476
Merit: 10
CAT.EX Exchange
Well most of us experiences losses, there is always a negative outcome when we lose, but it is up to us on how are we going to deal with especially with stress and anxiety, large amount of money is not a big joke to lose. We can lose witu just a click. So reminders set a realistic goal and educate yourself.
if we are not ready to trade then if we feel loss then we will feel stressed, so if we are not ready to lose money then do not trade if we do not master the trade, if this has happened then we must rise again to the next trade, but we only use residual money or not owed money. the core of a trader is not to give up because there is the strength of a trader, we all know the risk of crypto currency trading which is a very large profit opportunity but the risk for loss is also very large.
newbie
Activity: 14
Merit: 0
if we are losing money its beter to take a brake and watch the markets coins and study and see how pro do it
hero member
Activity: 1092
Merit: 500
After losing money or value we should leave them as it is because we cannot able to sell them for loos. My opinion is a very good time to research the other coins potential which will help you to invest in them in the future. We cannot keep on watching the market for the increase because when the market starts recovering the prices will surely increase.
well, sometimes it's quite painful to see prices so low on a coin that we hold, it's better to hold it back than sell it. I also do this until now. I am still convinced that the potential price of the altcoin can be higher.

That's right, but in the reality most of the holders especially in altcoins majority of them are getting panic when they see the price value is getting dumping were they are always controlled by their emotions which it leads them to sell their coins were in the end of course loss of the coins. So I am agreed instead of selling it much good to hold it more at least there is a big chance in the future to recover your loss.
full member
Activity: 504
Merit: 100
Sometimes, our losses do not depend on the mistakes that we do. For instance, when we were investing in the crypto last winter we could not guess the market fall.
member
Activity: 462
Merit: 10
Take holiday and refresing is one of the way to avoid stress from losses in trading. After that learn more about all mistake in trading and create more good strategy for trading later. We are not loss until we sell it, so we still have chance to recover loss by waiting next bull market. Keep patient is become others factor that will help us to recover loss.
full member
Activity: 490
Merit: 100
If this experience becomes a very good lesson for you, it is great. In case, when you repeat your mistakes, you should better think it over: probably, trading is not for you?
jr. member
Activity: 1050
Merit: 1
Study more, do paper trades, do analysis of your paper trades. Ask if you are looping in similar mistakes while trading. DON'T TRADE WITHOUT A TIGHT STOP LOSS. Have your own strategy which is tested by you and do not even trust on your strategy HAVE STOP LOSS.

 
I love the way you stressed the words 'stop loss.' Stop loss is a great tool and it always come in handy in tight situation when properly put in place. Also I agree with you on owning one's strategy. What works for other person might not work for you. So, it is important to develop and know, stick and try out one's personal strategy.
hero member
Activity: 1190
Merit: 500
If it happened to me, I will find a regular job and start my life again. It would not be good going back to trading or investing when you are not financially stable. You will just drag yourself with most probably the loans that you are planning to take. I will take a break from that mistake and reasses if it's for me or not.

That's a good advice and start to forget those problems happen in your life because lot of people always loss in trading and don't know how to start up again with lossing all of their funds.
personally i will not give up when i loss some of my money.maybe i will take a rest for a while and improve my trading skillls,so in future i will not repeat my mistake and could earn profit to recovered my loss.
Only desperate people will give up because of losses. we must think that loss is a certain risk, all traders must experience it. Don't just because your defeat then you stops, that's your chance to get more knowledge because you will know the reason why you lost..
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