Topic: You Learn More from Losses than from Wins - page 10. (Read 1690 times)

Our objectives in trading is not lose, and losing your funds through trading will not make you to be perfect in trading, the secret is that we have to master the methods of trading before we come trading, but some person's doesn't know that. Thinking that what will make you to be perfect is when you have lost and understand your the perspective that made you to lose, so in between the process you can lose money that will make you go into depression. So try to avoid or overcome anything that will lead you into lose.

when you trade like gambling, you have entered on the wrong step. it will not give you any advantage even if there is a small profit, but there will be more losses. Not just trading, you also have to know how to manage trades so you don't get caught up in trading betting schemes. Don't put eggs in one basket, because that won't be good for your capital security. The resulting losses such as gambling will be more, compared to trading with the right and wrong trading knowledge in making predictions. Capital management, risk management, use of stop loss must be learned.

I think losing money teaches a lot and you will learn to do more research most people don't even learn about the basics but once or when you lose money countless times you will learn from the mistakes you made while trading and you will also take security seriously, most especially avoiding exchanges what happen to FTX should be a big lesson for the victims.

I started trading with just $10 I made some profits before losing all my funds I was taught a lesson by the market, the mindset of doubling that amount within the shortest period of time  prompted my over trading and got punished by the market, after I refunded my account again greediness was another problem I encountered, there instances where I made some reasonable profit in crypto trading instead of taking profit quickly and quit I left my position with hope of earning more profits unfortunately markets always reverses and I ended up losing part of funds.

It depends on how you started your trading, sometimes some people started with good understanding or foundation of trading, so from my perspective anyone who started with good foundation of trading will definitely make profit, because it has known the rudiments of trading. While some people who don't know the strategies will end up on getting lost in trading, so majority of people experience lost when they started because some of them are curious in trading and they could not be opportune to learn and understand the procedures of trading before venturing into it.

Yes exactly this is the thing which matters a lot and I think that you can never learn anything if you win regularly but I think that learning is necessary because there sometimes where you have to apply the strategies which you learn from the past. From my losses I learn that never take any decision without any knowledge regarding that thing, one should always know about the condition of trading market, there is luckily few opportunities in which a person win and he thought that he will always win but sometimes the situation become unfavorable so be conscious and take every step with bright thinking.

The first lesson I encountered was from a win, and then it just came to me that I could profit from it, and it made sense that I could make another income from it. It shows that you need to be consistent to profit from trading. So having a bot is an excellent thing because you can be more consistent and manage your risk.

In trading, both wins and losses provide experience and lessons.

When you lose money in trading, you will learn a lot about patience and how to do more research in order to stop the loss; similarly, when you win or gain profit in trading, you will learn more about diversifying your portfolio in order to keep the profit going up.
Overall, trading has its ups and downs, which are the main points that teach us lessons all of the time while trading.

We know that we learn from our mistakes but in trading, finding what's the mistake is not easy because for me market is unpredictable. We have to react what opportunities the market gives to you. Sometimes it's very confusing what really the mistake is and we mostly forget the mistakes we make in every losses in trading that's why we have to journal it and it's very effective result in trading.

When I was a beginner, I have someone who taught and guide me as a trader and I think that's my advantage compared to other beginners who learned on their own. However, because of my over confidence to think I know everything already, my first experience is a loss (good thing I used small amount on my first try). That's how I realized my mistakes on why it happened. It's really true that losses will teach you something to do better next time and for me it's not that bad since the bad experience gave me an idea and knowledge on how things work if you're doing an actual trading.

the very first  is indeed a win though this is just a penny amount comparing to the next as this is trying  occasion , but the second and the next to it? I am a loser but what made me learning ? are those experience from the loses and talks about my Stupidity of being greedy, i treat this as like gambling that also addicting but full of losing.

First of all, you are just basing yourself on the people that you can find on the internet, like those making blogs and videos. You're not scouring forums and social media for people who aren't claiming themselves, lol. Those creators aren't making money, or if they are, they want to make money in other ways. No matter what, I still don't believe those who claim on the internet that they are good and have made a lot of money trading. I don't know how you describe successful, but my friends are doing day trading, and yes, they are profiting, but they don't flaunt it everywhere; they only tell us when we are having talks. Losses are a part of trading, and no one is perfect who has never lost.

It is true that you can learn more from a loss than from a win, however make sure that you do not learn exclusively from your losses, learn from every single experience that you have so you can minimize your losses as much as possible, after all the more that you can learn without having to lose money in the process then the sooner you will become a profitable trader, as you have more money in your account to trade the markets and take advantage of the opportunities that present themselves.

This is an entirely untrue statement, I know there are many people who participate in trade and lose, but besides that, there are also many people who make profits even they consider trading as the primary job to generate income. Just because you can't make a profit doesn't mean others can't, just because you don't see them doesn't mean they don't exist. These people are mostly anonymous, unobtrusive people like scammers creating signal groups or selling books...

This is what learning and being better basically is all about. Lets assume something easy to imagine, like someone wanting to play the guitar, its a common thing right? Not that many become great, but MANY want to at least give it a try. When you pick up a guitar for the first me ever, do you go straight to a rock star? Hell no. You are the annoying neighbor that makes horrible sounds and sucks. Then you get a little better, how? By being terrible at first, because you don't know, and you haven't tested yourself, and you are just gaining experience. The more you do the simple things, the more you learn and the better you become at that, then when the most basics are done, you are not a rockstar yet, not at all, you just started to do a bit better than basic stuff, maybe like "advanced basic" stuff simply, it takes years and years of practice to be any good at it, and meanwhile, you are going to suck at it and at every stage you will doubt if you could even do it.

Thats true with trading, you will be terrible, you will have to get out of the comfort zone and be terrible, and then lose money trading, and go back and look why and you will curse yourself for such an easy mistake, then you will do it again anyway. Thats how trading is, and that's how you become a great trader one day, by being a terrible one first.

A loser doesn't want to take any risks and just does useless things and can't improve himself. One's own experience is indeed the best teacher, but apart from that the experience experienced by others is also a good option as an alert not to make the same mistakes while doing the same learning.

Trading carries a high risk and there will be no return for those who do not want to learn and improve. Every beginner must at least know the basics of technical and fundamental analysis trading, and be able to do good management. if it is implemented, there will be fewer losses and more wins when trading.

Loss lets us analyse and understand what all the mistakes we've done. With wins we just enjoy it, and we don't have much learning because our prediction have coincided with the reality. Loss lets an user go for improvement to mark his/her success.

With trading we need to win at some time interval, because continued loss will surely make the trader go emotionally down. Going down on trading could ruin his/her trading practice. At such situation atleast need to find a way of copy trade to book profit.

my first disappointments for me is not about the trading, but investing in some ICO projects. remember the time when ICO days were still good. but some coins didn't even get a good price in the market. or better yet didn't make it in the trading platforms. anyway, when it comes to trading, each trader can still suffer loss even if he is long enough in this market.

My first trade was a loss. It wasn't that much but it just opened my mind to how trading works, it was still confusing as to what happened and it's not really clear what just the f* happened to my money and it was gone quickly. And then it's the start where I understood how trading works.
From that time, I've realized that trading isn't for the weak heart but it's for those people that have what it takes to take the risk or else, trading isn't for them.

Personally, I have my fair share of losses during my first months in trading. I know trading is hard and quite complicated so as a beginner, I will never expect to make a successful trading. TBH, those losses I had experienced has been my great challenges in crypto that made me stronger and smarter today. Those losses had made me improve and enhance my trading skills and strategies, but I believe there will always be inevitable losses in trading regardless of our high expertise and knowledge in trading.