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Topic: What you should do when you lose most of money? - page 31. (Read 5571 times)

sr. member
Activity: 714
Merit: 253
Trading is a specific business and it doesnt fit to everyone. I lost a lot of money in the beginning of my way, but it was not tragic for me. I was just interested. That`s why i got a success. Those who has no interest should leave.
newbie
Activity: 77
Merit: 0
Perhaps you should conclude that you should no longer go to this casino with big money and in general, you should leave Las Vegas.
member
Activity: 485
Merit: 12
$WPP $HyFi https://hyfi-corp.com/
Only a stupid trader do not learn from his  mistakes. When You lose money You have to analyse what went wrong .
Try to forget about the loss as  You know that everything is happening with reason. Make changes,
set a new strategy , stick to it  and execute it with discipline.
legendary
Activity: 2996
Merit: 1188
which I will do when I am when I lose a lot of money I will write down all the mistakes I experienced when I lost that much asset, I try to remember and try not to repeat the mistakes I've made.
There has been no one who tried trading even after learning that one way or the other will not make some mistakes which is the reason why it is necessary not to be in a haste to get rich with trading and try with something one can afford to lose first so as to wade off any form of emotion and learn from mistakes. They will happen in the first few months or years of trading depending on each individual but how you learn from it is all that matters and what will make you a better trader.
full member
Activity: 434
Merit: 100
Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a  category of traders does not accept these losses.  Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses.

In fact,  the first and most essential thing to surpass the loss is "The acceptance of the truth"  and then you have to  " deal with it " in a good way.

Trust me, if you learn from your mistakes, then you will earn what you want.

I learned something very useful and I want to share it with all.

These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan)  :

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
Step 2 : What is their  importance to me? ( Value )
For example: It is important to me because I am poor and I want to help my family in many things.

Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )
..
..
Step 4 : What prevents me from achieving it? (Obstacles)
For example: time,  unexpected event, the fear , weak of self confidence...

Step 5 : How do I know that I  have achieved the success? (Measurement)
For example: ..
..

When I see 2 BTC in my wallet before one year.

 
Good luck to everyone . Smiley
 


Uf you losses money there is nothing you can do about it because that is already gone but dont bear with your loss because you can win in another game by taking all those losses as a part of your life lessons and because of that you learn from your mistakes and never do it that again. Because you already know the cause of your loss so that means in the next tume you will do it you will do it the right way and that will cause a winning and a money of course. Do not let your emotion leads on in this mot gonna help.
full member
Activity: 392
Merit: 100
before trading then we should know about the risks and if we lose money then it should stay calm and correct what mistakes we have done so we will not repeat the same mistakes, learn from experience
member
Activity: 228
Merit: 10
Usually I used to cry sometimes then I used to be very angry at myself but then some time passed and I keep calm and continue to trade on
member
Activity: 266
Merit: 10
ImmVRse | Disrupting the VR industry
American react differently but I would suggest you to understand and remember that money is one of the most renewable resources that we can have
newbie
Activity: 121
Merit: 0
When you lost most of money the best thing to do is learned from your mistakes and don't do it again. You have to review more information about trading watch videos on youtube starts to the basics like how to read charts and candlesticks but remember invest what you can afford to lose. Invest small and practice trading
full member
Activity: 399
Merit: 105
Ohhh, this is a hard question, but I would like to say that you can always earn some etra money so dont be desperate about that
full member
Activity: 518
Merit: 101
Mistakes are routine life in trading, so getting dissapointed due to these things is completely meaningless and might lead to losses more, if you keep on worrying about past disappointments
When you failed and losses most of money, the best things to do is review. Know why you failed and learn from it. Don't stop and try again.

Besides it, it is better not to sell anything when you feel you can lose the money you have. Take a break - go somewhere, for instance. Do not be in a hurry to get rid of the cryptocurrency you own.
newbie
Activity: 30
Merit: 0
What you should do when you loose most of the money ? It depends on the individual... If I am confident, I will start all over again because I will have confidence
full member
Activity: 198
Merit: 100
if we lose money then we should be able to learn from mistakes and not repeat it because in trading there will be or have experienced losses and trade has a high risk so that it requires good knowledge to reduce risk and do the right thing to gain profit

This is correct, losing our money in trade can makes us a better trader in the future. Whatever we do in trading that leads to losing is good because we can teach ourself on what things we do and we can't do. Knowledge is very important too if we trade with just emotion and our decision is very bad. This could lead to a very big loss. I lose too in the past but it does not stop me from trading at all. I just use it as motivation to do more trading.
full member
Activity: 504
Merit: 105
I invested more altcoin especially when i'm lost all the time i did not sell my coin in a loss i rather hodl it for a long time. Do let your emotion to take control.
jr. member
Activity: 196
Merit: 1
if we lose money then we should be able to learn from mistakes and not repeat it because in trading there will be or have experienced losses and trade has a high risk so that it requires good knowledge to reduce risk and do the right thing to gain profit
full member
Activity: 392
Merit: 100
The next thing you need to do is to ask the questions to yourself the "how" and "why". This does not only apply on money loss but on anything where you failed miserably. If you already know the answers to that then that is the time you can move on and make the same mistake gain.
member
Activity: 191
Merit: 10
Mistakes are routine life in trading, so getting dissapointed due to these things is completely meaningless and might lead to losses more, if you keep on worrying about past disappointments

When you failed and losses most of money, the best things to do is review. Know why you failed and learn from it. Don't stop and try again.
member
Activity: 392
Merit: 11
I am a professional cryptocurrency and Forex trader sometimes I lost some money but when I lose the big money on the time I stop my trading and I take a rest around 1 week then I start again cryptocurrency trading. I do day trading because day trading is a very profitable for me it is very risky and very profitable.
It is also a good choice to refer to investors, relax after a failure to be able to balance the psychology and start again is the right thing to do. The cryptocurrency market is always full of opportunities and good investors are the ones who find the opportunity in countless coins in this market.
newbie
Activity: 112
Merit: 0
I think you need to accept this and to reconsider the principles you said when trading. I am sure that you need to think which mistakes you have made that your actions led to the money loss

Sometimes you lose money even when you make no mistakes.
Trading doesn't depend solely on you and your actions.
newbie
Activity: 26
Merit: 0
Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a  category of traders does not accept these losses.  Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses.

In fact,  the first and most essential thing to surpass the loss is "The acceptance of the truth"  and then you have to  " deal with it " in a good way.

Trust me, if you learn from your mistakes, then you will earn what you want.

I learned something very useful and I want to share it with all.

These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan)  :

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
Step 2 : What is their  importance to me? ( Value )
For example: It is important to me because I am poor and I want to help my family in many things.

Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )
..
..
Step 4 : What prevents me from achieving it? (Obstacles)
For example: time,  unexpected event, the fear , weak of self confidence...

Step 5 : How do I know that I  have achieved the success? (Measurement)
For example: ..
..

When I see 2 BTC in my wallet before one year.

 
Good luck to everyone . Smiley
 

Theres nothing I can do with that except that learning from my mistakes. By trading crypto I know that there is no guarantee that I can earn or make money because this is unstable market its highly volatile so I would learn where I am wrong and do not repeat the same mistake again. Its best to move on after a great lost and trade another crypto again to cover all the losses..
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