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Topic: Why did I lose on trade ?? - page 19. (Read 2430 times)

member
Activity: 84
Merit: 10
AQGmvEGdwBDWpNmH23337qRVEdqj7wduzj
January 04, 2018, 03:26:22 AM
normal for a trader to gain and also to lose.. but what is important is how are we going to learn to trade in line with our lifestyle and techinics...
hero member
Activity: 1022
Merit: 503
January 04, 2018, 03:12:00 AM
You lose on your trade because you because you are a newbie with limited cryptocurrency trading experience. You should get ALGORY.IO token. ALGORY.IO is a trading tool that help trader to trade well and help them prevent avoidable mistakes!

It's also a factor that he lacks with experience and for sure he already learned his lesson. With trading that comes of high fluctuations we should be alert in exchanges because in just a split of second it can change quickly and also have a full track to your coins especially when you do day trading.
full member
Activity: 462
Merit: 100
January 04, 2018, 03:04:40 AM
Did you do a large market sell on a small exchange right behind someone else?
Well losing on trading is normal even an expert in trading is also experience to lose, and i have an advice if you experience to lose in trader you should work more harder and you should practice everyday so you can totally comeup with your loss and in that way you will hava a big chance to always win in trading.
sr. member
Activity: 630
Merit: 251
January 03, 2018, 02:18:16 PM
You just sold your ethereums when the price dropped.
Probably you bought at $800, and it is now below $680, that is the main reason of why you lost a lot of money in there.


No I bought it at 15:10 when according to coinlivewatch the price was 570$ and sold it at 16:11 when the price was 618.
https://www.livecoinwatch.com/price/Ethereum-ETH

This is from my transaction history on cex.io
I don't understand why they devide it I transferred all at once and wtf these fees ..

2017-12-22 16:11:34   -6.87510000 ETH   0.00001900    SELL   -   Sell Order #5258448554
2017-12-22 16:11:34    2797.33 EUR   3548.43    SELL   195.81   Sold 5.43209742 ETH at 551.01 EUR
2017-12-22 16:11:34    465.79 EUR   751.10    SELL   32.60   Sold 0.89800000 ETH at 555 EUR
2017-12-22 16:11:34    43.96 EUR   285.31    SELL   3.08   Sold 0.08400000 ETH at 560 EUR
2017-12-22 16:11:34    179.51 EUR   241.35    SELL   12.57   Sold 0.34300000 ETH at 560 EUR
2017-12-22 16:11:34    52.34 EUR   61.84    SELL   3.66   Sold 0.09999900 ETH at 560.0056 EUR
2017-12-22 16:11:34    9.49 EUR   9.50    SELL   0.67   Sold 0.01798230 ETH at 565 EUR
2017-12-22 15:10:00   -3997.04 EUR   0.01    BUY   -   Buy Order #5257952755
2017-12-22 15:10:00    2.82702500 ETH   6.87511900    BUY   108.44   Bought 2.82702500 ETH at 548 EUR
2017-12-22 15:10:00    1.00000000 ETH   4.04809400    BUY   38.16   Bought 1.00000000 ETH at 545.19 EUR
2017-12-22 15:10:00    1.00000000 ETH   3.04809400    BUY   37.80   Bought 1.00000000 ETH at 540.01 EUR
2017-12-22 15:10:00    0.12000000 ETH   2.04809400    BUY   4.54   Bought 0.12000000 ETH at 540.01 EUR
2017-12-22 15:10:00    0.54377300 ETH   1.92809400    BUY   20.48   Bought 0.54377300 ETH at 538 EUR
2017-12-22 15:10:00    0.50000000 ETH   1.38432100    BUY   18.83   Bought 0.50000000 ETH at 537.95 EUR
2017-12-22 15:10:00    0.88424700 ETH   0.88432100    BUY   33.24   Bought 0.88424700 ETH at 537.0055 EUR



Please someone explain me I am new to this and I though I had done well Smiley
Lol
I have seen on the history most of ETH been purchased or bought on 548 and did sell most of them on 551 which means its not actually a big gap or spread on between prices and also to think off on the fees for sure it piles up resulting on negative profits instead of gaining. Prices do really change everytime and as a active trader you should keep an eye to that.
This is Why I say it is better to go for Bitcoin trading instead of any alternative coin one. As Ethereum is the best alternative coin and even this is not very helpful in earning profits, better stick with the mother of digital currencies.  However, diversification is profitable and beneficial in its own meaning. It is good to choose the best rather most fluctuating Crypto coins and trade in all of them as it enhances the understanding of digital market.
newbie
Activity: 26
Merit: 0
January 02, 2018, 05:57:20 PM
You lose on your trade because you because you are a newbie with limited cryptocurrency trading experience

well, his mistake was he didn't check the price of what he bought and sold, so maybe not exactly a crypto experience problem
check the prices on the exchange you do the trading
sr. member
Activity: 756
Merit: 294
January 02, 2018, 04:51:47 PM
You should look at price on the exchange you are trading.
Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.


Isn't the price what is shown on livecoinwatch ?

At this point in time, there is no universal crypto exchange rate for each coin. Each Exchange has it's own market forces, depending on volume of traders, etc.  Just because a price move happens on one exchange is no guarantee that the same price movement will happen on others.  Given a big enough shift, opportunists will start to buy up a coin on exchanges where it is cheaper, but you really have to follow the price movement on the exchange you are holding if you are looking to sell.  Think of the loss as a tuition cost - now try to recoup the loss with better trades in the future.

Correct and I also experienced that before with zec where I bought it at very high price and it just keep on going down, I tried to deposit it to other exchange because the price was still high but unfortunately, the trading was so slow and no one bought it until the exchange price adjusted and is also going down.
member
Activity: 266
Merit: 41
January 01, 2018, 04:38:23 PM
You should look at price on the exchange you are trading.
Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.


Isn't the price what is shown on livecoinwatch ?

At this point in time, there is no universal crypto exchange rate for each coin. Each Exchange has it's own market forces, depending on volume of traders, etc.  Just because a price move happens on one exchange is no guarantee that the same price movement will happen on others.  Given a big enough shift, opportunists will start to buy up a coin on exchanges where it is cheaper, but you really have to follow the price movement on the exchange you are holding if you are looking to sell.  Think of the loss as a tuition cost - now try to recoup the loss with better trades in the future.
sr. member
Activity: 588
Merit: 251
January 01, 2018, 04:27:09 PM
Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Point one, you need to know the price which the exchange site is dealing with, and the buyers also before selling/buying. Then, don't sell with panic, otherwise you might loss everything.
sr. member
Activity: 840
Merit: 268
January 01, 2018, 03:35:02 PM
I think that the thing that confused you that time was the price of ETH itself. You should first try to look on the eth price at cex.io. Maybe you sold it at low price.
sr. member
Activity: 756
Merit: 294
January 01, 2018, 03:26:09 PM
Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

it seems like you are experiencing a loss in trading because you are affected by the situation and you feel panicked when the price goes down, being a trader must have that "patience" that is the most important of all.

I could not agree more with the being patient in trading cryptocurrency world. Even Warren Buffet said that those who have the most patience in cryptocurrency trading will emerge the winners at the end of the day.
full member
Activity: 476
Merit: 100
January 01, 2018, 12:17:51 PM
Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

it seems like you are experiencing a loss in trading because you are affected by the situation and you feel panicked when the price goes down, being a trader must have that "patience" that is the most important of all.
hero member
Activity: 2996
Merit: 609
January 01, 2018, 11:17:42 AM
You just sold your ethereums when the price dropped.
Probably you bought at $800, and it is now below $680, that is the main reason of why you lost a lot of money in there.


No I bought it at 15:10 when according to coinlivewatch the price was 570$ and sold it at 16:11 when the price was 618.
https://www.livecoinwatch.com/price/Ethereum-ETH

This is from my transaction history on cex.io
I don't understand why they devide it I transferred all at once and wtf these fees ..

2017-12-22 16:11:34   -6.87510000 ETH   0.00001900    SELL   -   Sell Order #5258448554
2017-12-22 16:11:34    2797.33 EUR   3548.43    SELL   195.81   Sold 5.43209742 ETH at 551.01 EUR
2017-12-22 16:11:34    465.79 EUR   751.10    SELL   32.60   Sold 0.89800000 ETH at 555 EUR
2017-12-22 16:11:34    43.96 EUR   285.31    SELL   3.08   Sold 0.08400000 ETH at 560 EUR
2017-12-22 16:11:34    179.51 EUR   241.35    SELL   12.57   Sold 0.34300000 ETH at 560 EUR
2017-12-22 16:11:34    52.34 EUR   61.84    SELL   3.66   Sold 0.09999900 ETH at 560.0056 EUR
2017-12-22 16:11:34    9.49 EUR   9.50    SELL   0.67   Sold 0.01798230 ETH at 565 EUR
2017-12-22 15:10:00   -3997.04 EUR   0.01    BUY   -   Buy Order #5257952755
2017-12-22 15:10:00    2.82702500 ETH   6.87511900    BUY   108.44   Bought 2.82702500 ETH at 548 EUR
2017-12-22 15:10:00    1.00000000 ETH   4.04809400    BUY   38.16   Bought 1.00000000 ETH at 545.19 EUR
2017-12-22 15:10:00    1.00000000 ETH   3.04809400    BUY   37.80   Bought 1.00000000 ETH at 540.01 EUR
2017-12-22 15:10:00    0.12000000 ETH   2.04809400    BUY   4.54   Bought 0.12000000 ETH at 540.01 EUR
2017-12-22 15:10:00    0.54377300 ETH   1.92809400    BUY   20.48   Bought 0.54377300 ETH at 538 EUR
2017-12-22 15:10:00    0.50000000 ETH   1.38432100    BUY   18.83   Bought 0.50000000 ETH at 537.95 EUR
2017-12-22 15:10:00    0.88424700 ETH   0.88432100    BUY   33.24   Bought 0.88424700 ETH at 537.0055 EUR



Please someone explain me I am new to this and I though I had done well Smiley
Lol
I have seen on the history most of ETH been purchased or bought on 548 and did sell most of them on 551 which means its not actually a big gap or spread on between prices and also to think off on the fees for sure it piles up resulting on negative profits instead of gaining. Prices do really change everytime and as a active trader you should keep an eye to that.
sr. member
Activity: 896
Merit: 253
January 01, 2018, 10:11:40 AM
You lose on your trade because you because you are a newbie with limited cryptocurrency trading experience. You should get ALGORY.IO token. ALGORY.IO is a trading tool that help trader to trade well and help them prevent avoidable mistakes!

lack of patience and research if have that attitude would not loss again try to be patience and researchful fundamental about cryptocurrency would you like to get in to thats my mentor said always do research and have patience.
sr. member
Activity: 938
Merit: 251
January 01, 2018, 09:23:15 AM
You lose on your trade because you because you are a newbie with limited cryptocurrency trading experience. You should get ALGORY.IO token. ALGORY.IO is a trading tool that help trader to trade well and help them prevent avoidable mistakes!
full member
Activity: 329
Merit: 100
The Exchange for EOS Community
January 01, 2018, 09:10:31 AM
profit and loss in trading coin is already common, so buy at a higher price then the price down then we better hold first, usually the price will rise again, even the price is higher, if you want to buy coin profit when the price drops and sells at the price higher.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
January 01, 2018, 09:04:51 AM
I think the price in each exchange site is not the same, you have to really pay attention, I've done it trade in many exchange I always get a profit in every trade but at the moment withdraw I suffered losses I do not know why it can happen, coin on each exchange site is not the same.
I agree with your assessment. Because each trading floor is very different, there is often a significant difference in value at the same time. Although commercial sites always try to balance but are more or less limited by the volume of transactions and values ​​that change every second.
full member
Activity: 1554
Merit: 101
January 01, 2018, 07:57:59 AM
I think the price in each exchange site is not the same, you have to really pay attention, I've done it trade in many exchange I always get a profit in every trade but at the moment withdraw I suffered losses I do not know why it can happen, coin on each exchange site is not the same.
sr. member
Activity: 770
Merit: 253
January 01, 2018, 04:18:15 AM
Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

May be you have sold it low and didn't set the selling price. Your statement seems to me that you are trading first time. I think you should practice the trading with some small amount. Because in any case when you are doing any thing for the first time then things looks complected. But as you continue you will find it simple. So gain some experiences.   
That is why it is so important in trading to have extra so you won't have the chance to sell your bitcoin or any coins at low price because if you have no money left in  your account then the tendency is you will loss always, so it is also important to save the 50% and just invest the 50% for assurance.
sr. member
Activity: 1162
Merit: 260
January 01, 2018, 03:58:32 AM
Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

May be you have sold it low and didn't set the selling price. Your statement seems to me that you are trading first time. I think you should practice the trading with some small amount. Because in any case when you are doing any thing for the first time then things looks complected. But as you continue you will find it simple. So gain some experiences.   
member
Activity: 238
Merit: 57
January 01, 2018, 03:29:29 AM
it not mandatory that you will always win because win and loss is the part of trading while
if you are losing always then it means that you have no experience or lack of knowledge about trading then you need to get experience about trading then you need to start again.
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