Topic: You Learn More from Losses than from Wins - page 11. (Read 1690 times)
This is normal. Of course, someone usually becomes aware and learns from bitter experiences, in this case, from trading losses. This of course will be painful and for some people who are not strong because of the loss they will not learn but rather blame crypto trading. But on the other hand, for people who want to learn, losing becomes a precious lesson and experience, they finally want to evaluate themselves and their strategy for why they lost and lost in this trading. From this experience, if someone is able to take what he has learned, chances are he will become stronger, wiser, and more precise in carrying out trading activities, with more mature strategies and emotions. So that he will not repeat the same mistakes that result in losses. indeed, if we have taken the learning and updated the strategy and management, we don't always win right away, maybe there will still be some losses, but at least it won't be as bad as the first time we learned and lost
Losing is a game changer, this will be your moment to reflect and know what to do next, either to get frustrated with your losses or just continue to learn. I remember experiencing my first loss its not that big but its really depressing since its your hard earned money, so yeah i learn more from my losses which I believe is also the trend.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
It came from a loss since you will be forced to learn more and try other strategy in order for you to gain profit, usually beginners learns from their mistakes and this what makes them better. Losing at first is pretty normal and you should not be discourage if you experience this early instead you should continue to learn more and do better on your next trade, this will be more challenging for you to control that negative emotion and make it positive. It takes time for me to make profits after I've survived losses.
I think it is your mindset that is playing fast one on you. If you have made losses, get up and move on with your trade, don't stay back and begin to look at the losses because the next trade can be the profit that will give you the confidence you require. You will always feel scared when you don't move pass your fears.
Try to reassess the situation which is really a something very common act for someone to do so specially when we do make of some trades.Just like on what most people been saying on here
that learnings do comes from mistakes where you would really be making yourself that fully aware about your actions because if you do commit mistakes then you would be learning and
would be trying out to avoid those things in next time and this is a common scenario.
Remember the first trading lesson you learned as a newbie? Did it come from a win or a loss? A loss teaches you about the reality of the market, protects you from becoming cocky, and humbles you. When you are a beginner trader, a small loss is not a terrible thing. Losses teach you proper trading risk management strategies and techniques and respect for the market and prepare you for long-term success.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
Everything would come or because you do lose on which we know that it is really just the standard thing on where we do learn up from those mistakes.You cant learn on a winning or profitable situation on which you would really be that confident that you are already that good but we know that chances and situations cant really be that the same which means that on the time that you are already that making up some errors then this is the time you would really be realizing that it cant really be just that easy for you to deal up with trading. Mistakes and errors are stepping stones for you to learn up on different things that you might encounter on trading field.I could say that trading is a never ending kind of learning because lots of variations and situations which you cant really be able to learn them one by one. Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
It takes time for me to make profits after I've survived losses.
I think it is your mindset that is playing fast one on you. If you have made losses, get up and move on with your trade, don't stay back and begin to look at the losses because the next trade can be the profit that will give you the confidence you require. You will always feel scared when you don't move pass your fears.
This is absolutely the right decision. In addition, in demo mode, it will also be difficult to learn a lot. I worked on the demo mode of the Amarkets broker, but I learned best when I already started working on a real account.
Agree. When trading on a demo account you don't feel the nervousness which you will encounter when real funds and profits are on the line. When you are trading on demo account it doesn't take much to let the trade ride for more potential profits but when you do the same trade in real account you will have your heart in mouth and decisions will be different.As far as learning goes there is no doubt that you learn more when you lose money and that's obvious because we humans try and find what went wrong rather than finding what went right when we are winning.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
I think as far as I can remember, it was a win. I was making a good amount of losses where I was trading emotionally. When I was still a newbie, I would put a lot in future trading and select like 25-50x on the trade. I still think that why I used to do that. I was trying to make money quickly. Not to mention, my knowledge about trading was very bad. I used to follow signals. Then after losses I try doing trade without emotion and rely on my own skills. Then I made my first profit. That's how I come to realize that emotional trading is bad.
Well now I think I have learned from both losses and profits.
So how can you not learn a lesson from here? It drives you towards good decision (only if you don't trade emotionally again).
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
I think as far as I can remember, it was a win. I was making a good amount of losses where I was trading emotionally. When I was still a newbie, I would put a lot in future trading and select like 25-50x on the trade. I still think that why I used to do that. I was trying to make money quickly. Not to mention, my knowledge about trading was very bad. I used to follow signals. Then after losses I try doing trade without emotion and rely on my own skills. Then I made my first profit. That's how I come to realize that emotional trading is bad.
Well now I think I have learned from both losses and profits.
We are all have been there when we're newbies in the market trying to make a profit from trading yet we didn't expect that the market move differently as we anticipated but it's always fun once you learn how to trade properly without being carried away with your emotions while using some strategy to make some profit.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
I think as far as I can remember, it was a win. I was making a good amount of losses where I was trading emotionally. When I was still a newbie, I would put a lot in future trading and select like 25-50x on the trade. I still think that why I used to do that. I was trying to make money quickly. Not to mention, my knowledge about trading was very bad. I used to follow signals. Then after losses I try doing trade without emotion and rely on my own skills. Then I made my first profit. That's how I come to realize that emotional trading is bad.
Well now I think I have learned from both losses and profits.
It always comes from a losing trading and that's because when reality the hardest. You are on the cloud 9 when you are making money by trading and you feel like you have cracked the market and there's nothing that can stop you. I have seen people who buy BTC randomly and when the price rises and they are able to cash some profits, they start considering themselves as Warren Buffet.
That said, someone with a serious mindset towards trading can easily learn from profitable trades as well because it takes a sharp brain to analyse what wrong they were doing and how it can be corrected or improved. When you start learning from profitable trades, you are 2 steps ahead of others.
That said, someone with a serious mindset towards trading can easily learn from profitable trades as well because it takes a sharp brain to analyse what wrong they were doing and how it can be corrected or improved. When you start learning from profitable trades, you are 2 steps ahead of others.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
The first lesson I learned as a beginner trader came from a loss.A loss from a Demo trading simulation. I concur that loss will teach you a lesson when you first begin trading but losing consistently means something must be wrong somewhere.
Also, you learn a lesson or two when you win by reviewing and asking yourself why? What did I do differently or what should I keep doing?
This is absolutely the right decision. In addition, in demo mode, it will also be difficult to learn a lot. I worked on the demo mode of the Amarkets broker, but I learned best when I already started working on a real account.
This is absolutely true. But I would advise you that why to make loss when you can avoid it. I mean why to give a trial run and go for loss? Instead learn properly and then trade. I have always seen people at first rushes and invests on coins without proper research and time. Then they face losses and then they just share these motivational quotes that we learn from our mistakes. It’s basically in our hands only, the thing is that we need to observe and use it properly.
However, you are right that you should first study the business in which you will need to invest money. But in many respects, all these theoretical materials, patterns in trading lead to the fact that we will not get an unambiguous answer where the market will go next, so this is a very complicated matter.
Remember the first trading lesson you learned as a newbie? Did it come from a win or a loss? A loss teaches you about the reality of the market, protects you from becoming cocky, and humbles you. When you are a beginner trader, a small loss is not a terrible thing. Losses teach you proper trading risk management strategies and techniques and respect for the market and prepare you for long-term success.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
This is absolutely true. But I would advise you that why to make loss when you can avoid it. I mean why to give a trial run and go for loss? Instead learn properly and then trade. I have always seen people at first rushes and invests on coins without proper research and time. Then they face losses and then they just share these motivational quotes that we learn from our mistakes. It’s basically in our hands only, the thing is that we need to observe and use it properly.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
both of them taught me valuable lessons. but what can make us more careful in managing our assets is the experience of losses.
from the losses we experience, we can learn something wrong from the trades we do. and try to improve with better planning and strategy.
but what we have to know, not all trades will be like what we want. sometimes we will profit, and sometimes we have to accept losses.
I think we all need to ask these questions:
1 - how many people are making money consistently with day trading? and then we need to see if someone is really making money with day trading so how much capital they have, what is the profit per day, week and month and how much money they invested and how much money they have already lost and gained since they started day trading
2 - then we need to ask ourselves why most people who were day trading today are creating youtube channels and are writing books, are creating telegram channels on youtube and charging for subscriptions, because these people need to do this themselves they with a good capital like 40,000$ and doing day trade supposedly could make profits of 400$ per day as a minimum?
I came to the conclusion that nobody is profiting with day trade, if the person does a long-term hold for something like 2 or 5 years then he will profit a lot but with day trade the person will not profit anything, he will lose money and a lot of time and he will not make a profit, you will only have loss and disappointment
1 - how many people are making money consistently with day trading? and then we need to see if someone is really making money with day trading so how much capital they have, what is the profit per day, week and month and how much money they invested and how much money they have already lost and gained since they started day trading
2 - then we need to ask ourselves why most people who were day trading today are creating youtube channels and are writing books, are creating telegram channels on youtube and charging for subscriptions, because these people need to do this themselves they with a good capital like 40,000$ and doing day trade supposedly could make profits of 400$ per day as a minimum?
I came to the conclusion that nobody is profiting with day trade, if the person does a long-term hold for something like 2 or 5 years then he will profit a lot but with day trade the person will not profit anything, he will lose money and a lot of time and he will not make a profit, you will only have loss and disappointment
Remember the first trading lesson you learned as a newbie? Did it come from a win or a loss? A loss teaches you about the reality of the market, protects you from becoming cocky, and humbles you. When you are a beginner trader, a small loss is not a terrible thing. Losses teach you proper trading risk management strategies and techniques and respect for the market and prepare you for long-term success.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
The first lesson that I learned as a beginner trader is to diversify my investments and not put my capital in one currency. The first trading for me came with a loss because I invested in one currency whose project failed after that. Yes, the loss was not great, but thanks to this loss, I learned the lesson, so there are no Free lessons that you must sacrifice and lose in order to learn. Losses play a role in making you more balanced in making your decisions and wiser because they teach you various strategies and techniques that make you win and gain in the long run profits that compensate you for what you lost, so trading is a win and a loss and each of us has cases of profit and loss but who stands firm for a long time and achieves gains, he is the one who learns from his mistakes, gains experience, and develops his skills. Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
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Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
Losses are often the result of mistakes or failures, whereas wins may not require learning new skills. In other words, it may be true that the losses we suffer are more learning opportunities for us than the wins we enjoy. It takes time for me to make profits after I've survived losses. Ultimately, the smart thing to do is to make a profit. Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
But some beginners only focus on what they learn in front of them, not seeing how other people go through some of these mistakes so they can apply it to themselves.
Self experience is the best teacher to me, people don’t take lessons from others too serious than when they incur it more on themselves. I believe a person at loss will be careful going into same trading route again same goes to the profiters he either finds more alternatives to gain more profit or seek more ways to stay on the right track. Both are great lessons but a serial loser doesn’t learn a thing to me
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