You Learn More from Losses than from Wins - page 2.

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Quote from: RockBell on April 11, 2023, 03:05:33 PM

Quote from: Othellobit on April 06, 2023, 04:48:53 PM

Quote from: Mpamaegbu on January 08, 2023, 12:44:05 AM

We learn new things when we fail. We learn nothing if we don't fail. I don't believe, "You Learn More from Losses than from Wins" because that's incorrect. One can learn both ways. In fact, I learnt more from my wins than I did from losses. You talked about losses like anyone wants to have them and then readjust from such. If there's anything losses will even do to beginners, it's to scare and discourage while introducing them to reality.

When one is permanently on the winning side, he has nothing to worry about, but when one fails, he will have thousand questions that needs an answer as to why he failed, and from this he learns. But in the case of quitting after failing, I think it will depends on mindset. It is always helpful to try a different strategy. A newbie who has been briefed on what trading is all about will not quit after losing. Of course trading involves loses but the better side of loses is figuring out a new way of approach. No matter how productive and consistent a strategy is, No matter how long the winning streak a strategy brings, it will someday fail in a long run. And when ever it fails, we learn.

Everyone wants to succeed psychologically, but nobody wants to fail. After all, experience is the best teacher, so we sometimes learn from our mistakes. I also noticed that strategy is crucial, and when talking about wins, it depends on what area of life the speaker is referring to. However, failure strengthens you in all areas of life. Most of the most successful guys, including Elon Musk and others, have made mistakes along the way, but they were able to learn from them and are today the greatest.

We human beings does really like on things to go plain and smooth according into their plans or simply being that perfect on what they are really dealing off with which we know that it cant really be that possible.

Learnings do comes from your mistakes and errors which is something that you would really be thinking off again and realize on what are those mistakes.Trying out to revise your methods and strategies
and would be finding out on whats up wrong with those and trying to adjust which is really a common concept.

You would be learning out from your losses than on wins but of course you would really be needing to make yourself that having that self acceptance as a trader.

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Quote from: Othellobit on April 06, 2023, 04:48:53 PM

Quote from: Mpamaegbu on January 08, 2023, 12:44:05 AM

We learn new things when we fail. We learn nothing if we don't fail. I don't believe, "You Learn More from Losses than from Wins" because that's incorrect. One can learn both ways. In fact, I learnt more from my wins than I did from losses. You talked about losses like anyone wants to have them and then readjust from such. If there's anything losses will even do to beginners, it's to scare and discourage while introducing them to reality.

When one is permanently on the winning side, he has nothing to worry about, but when one fails, he will have thousand questions that needs an answer as to why he failed, and from this he learns. But in the case of quitting after failing, I think it will depends on mindset. It is always helpful to try a different strategy. A newbie who has been briefed on what trading is all about will not quit after losing. Of course trading involves loses but the better side of loses is figuring out a new way of approach. No matter how productive and consistent a strategy is, No matter how long the winning streak a strategy brings, it will someday fail in a long run. And when ever it fails, we learn.

Everyone wants to succeed psychologically, but nobody wants to fail. After all, experience is the best teacher, so we sometimes learn from our mistakes. I also noticed that strategy is crucial, and when talking about wins, it depends on what area of life the speaker is referring to. However, failure strengthens you in all areas of life. Most of the most successful guys, including Elon Musk and others, have made mistakes along the way, but they were able to learn from them and are today the greatest.

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Quote from: Peanutswar on April 09, 2023, 06:30:06 PM

In that part is they keep saying that experience is the best teacher you keep learning while exploring this serves you a different lesson every decision you made have a reflection with all of those action taking in life. One of my biggest mistake is having a trade over night without proper execution of the stop loss that's lose me a lot of money because I didn't catch the market unexpected price movement.

Things that unavoidable if you don't have that knowledge, I'm sure that it was not you alone who experienced that same mistake there are other traders who missed the ride and lose their money thinking that they can make decent profits with how they anticipate the directions of the market.

But instead of making money it turned to the other side and they lose it, a learning process though to make a proper executions and proper planning before placing your positions.

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Quote from: Mpamaegbu on January 08, 2023, 12:44:05 AM

I don't believe, "You Learn More from Losses than from Wins" because that's incorrect. One can learn both ways. In fact, I learnt more from my wins than I did from losses. You talked about losses like anyone wants to have them and then readjust from such. If there's anything losses will even do to beginners, it's to scare and discourage while introducing them to reality.

yes individuals can learn from both but one can easily learn from losses because of the avoidance of such mistakes which become the cause of his failure. I think that getting a lesson from mistakes is better than leaving the way of success due to Losing of money so every single loss should consider as a lesson so one will not discourage because these mistakes sometime become a steps towards success.

the losses is not discouraging because there is no one who become millionaire at starting point but all those who have faces some difficulties and then cope up with these by using strategies become a successful trader and investors.

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Quote from: Twentyonepaylots on April 11, 2023, 03:34:20 AM

I had the same experience where I kind of get greedy because the price movement is going up, I thought it would get higher. So, instead of having more profit, I end up having low profit since the price drastically goes down after that. It's like I let the opportunity for high rewards to go into waste since I get greedy and want more profit. This helps me have the courage to have a desired profit so that as soon as I got into that price, I would get the profit I aimed. Even though it might get higher, I would just think that profit is still profit. It is really important to assess everything and make sure that every experience that we had even on those wasted opportunity to earn more, we can definitely learn something from it.

Each of us has been in this situation, but even a small profit is better than a losing trade. In trading, you need to try to observe two main points, the first is to always fix profits if possible, and the second is to prevent the loss of the trading deposit. Of course, there are many rules besides this, which should be followed, but we came to trading in order to earn and not lose. Opportunities are always there, in any market, you need to be able to draw conclusions and move on.

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Quote from: Twentyonepaylots on April 11, 2023, 03:34:20 AM

This helps me have the courage to have a desired profit so that as soon as I got into that price, I would get the profit I aimed. Even though it might get higher, I would just think that profit is still profit. It is really important to assess everything and make sure that every experience that we had even on those wasted opportunity to earn more, we can definitely learn something from it.

It's such an easy thing to say but a very difficult execute. Haven't been on this profit oriented trade, your out there making more profit with very considered elements playing out as speculated, your on profit, have hit desired profit and still on an uptrend, then you still choose to stick to your trading plan and get out of the market. It's just the right thing to do but, it takes one who has some mastery over there emotions to go through with it.
It brings to thoughts the profit you might be loosing but that's greed speaking, better to ignore, know when you've won and remember that there is aways a next time.

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Quote from: Peanutswar on April 09, 2023, 06:30:06 PM

In that part is they keep saying that experience is the best teacher you keep learning while exploring this serves you a different lesson every decision you made have a reflection with all of those action taking in life. One of my biggest mistake is having a trade over night without proper execution of the stop loss that's lose me a lot of money because I didn't catch the market unexpected price movement.

I had the same experience where I kind of get greedy because the price movement is going up, I thought it would get higher. So, instead of having more profit, I end up having low profit since the price drastically goes down after that. It's like I let the opportunity for high rewards to go into waste since I get greedy and want more profit. This helps me have the courage to have a desired profit so that as soon as I got into that price, I would get the profit I aimed. Even though it might get higher, I would just think that profit is still profit. It is really important to assess everything and make sure that every experience that we had even on those wasted opportunity to earn more, we can definitely learn something from it.

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Quote from: alastantiger on January 07, 2023, 10:01:16 PM

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?

Naturally, people tend to focus most on those things where they are greatly affected. But if he had benefited, there would not have been much importance. In that context traders or investors who learn from small losses can learn well from it. Because at that time his attention increases. But even a small loss of money here is important for learning. If you can learn from here, you can do well in trading in the future. Besides, investment in education purpose never fails. I myself have won trading in the beginning but later on I learned from my losses.

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My first losses and wins in crypto trading here in this forum came from what I earned here in the forum at that time. Although it was only a small amount, I still used it in trading to grow but it was not easy because I had to wait for the price I put in order to make a profit. And with every mistake I make, I actually learn a lesson.

That's why it's still good that we learn based on our experience compared to the pure theory that we always do, although I'm not saying that doing research is wrong, of course that's not what I mean.

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In that part is they keep saying that experience is the best teacher you keep learning while exploring this serves you a different lesson every decision you made have a reflection with all of those action taking in life. One of my biggest mistake is having a trade over night without proper execution of the stop loss that's lose me a lot of money because I didn't catch the market unexpected price movement.

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Quote from: Sterbens on April 09, 2023, 10:48:56 AM

Learning from mistakes is one of the best ways to minimize losses and improve in terms of knowledge. Well you're right, it's not uncommon for someone to leave when they experience a loss for the first time, they think they can't do it and look for various reasons to justify their position. Without them realizing that this is a valuable experience for the initial success. That's why I suggest beginners should get to know the field first and the various risks they will face when everything is running. To be honest, I have been in a position like this and I choose to stay because I believe this is the beginning of my success in the future.

To be successful in trading, you must first have good intuition. The correct application of trading strategies often depends on the interpretation of situations that have developed in the course of trading. And as for losses - you can lose almost everything, but go all-in and get a big win. The main thing is faith in one's own strength (of course, it should not be blind faith).

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Quote from: Cryptmuster on April 02, 2023, 07:48:31 AM

Quote from: irhact on March 18, 2023, 09:44:11 AM

A trader has to win or his losses will make him give up on himself. A trader that isn't winning would not have the motivation to continue trading. The wins mightn't happen everything but it should be more than the losses that he experiences so he can have a profitable balance sheet.

There will always be profitable trades and losses in trading, this is normal, the most important thing is that there are much more profitable trades. A trader should be able to develop a list of rules for himself over time, which he must adhere to, if he violates them, then losses will happen more and more often. Everything seems simple, but disciplined to follow all the rules is not so easy, so the majority loses in the market.

Sometimes we always get out of the initial plan in trading. and well, when we get out of the original plan, the chances of experiencing losses are even higher. Emotional discipline in trading activities is also very important. but often we are carried away by fear and greed in trading which makes us not maximize profits. but sometimes losses are a lesson that makes us more careful in future trades. but in percentage of losses and gains . the profit must still be more than the loss because it always influences the motivational factor within us.

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Quote from: Digital_Lord on April 06, 2023, 01:47:19 PM

A lesson can always achieve through losses but sometime those individuals who fails to attain profit thing that they cannot do it and leave trading and investment instead of thinking that they will not do the same thing. One should remember that at start he will make lots of mistakes and he will overcome these mistakes through getting knowledge. At start I did not have patience and because of this behavior I lost money at start but now I am familiar with all the things related to trading and investment.

Learning from mistakes is one of the best ways to minimize losses and improve in terms of knowledge. Well you're right, it's not uncommon for someone to leave when they experience a loss for the first time, they think they can't do it and look for various reasons to justify their position. Without them realizing that this is a valuable experience for the initial success. That's why I suggest beginners should get to know the field first and the various risks they will face when everything is running. To be honest, I have been in a position like this and I choose to stay because I believe this is the beginning of my success in the future.

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Quote from: Cryptmuster on April 02, 2023, 07:48:31 AM

Quote from: irhact on March 18, 2023, 09:44:11 AM

A trader has to win or his losses will make him give up on himself. A trader that isn't winning would not have the motivation to continue trading. The wins mightn't happen everything but it should be more than the losses that he experiences so he can have a profitable balance sheet.

There will always be profitable trades and losses in trading, this is normal, the most important thing is that there are much more profitable trades. A trader should be able to develop a list of rules for himself over time, which he must adhere to, if he violates them, then losses will happen more and more often. Everything seems simple, but disciplined to follow all the rules is not so easy, so the majority loses in the market.

Which he may follow and enhance each time he enter his trading position, winning trades vs losing trade and there are the adjustments that's needed to execute to find more opportunities, you need to learn from each outcomes and make a proper assessment when you see the result of your trade you need to always be open with possible changes especially with the volatile nature of the market assuming that you are active in finding a good position to place your buy and sell areas.

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Quote from: Mpamaegbu on January 08, 2023, 12:44:05 AM

We learn new things when we fail. We learn nothing if we don't fail. I don't believe, "You Learn More from Losses than from Wins" because that's incorrect. One can learn both ways. In fact, I learnt more from my wins than I did from losses. You talked about losses like anyone wants to have them and then readjust from such. If there's anything losses will even do to beginners, it's to scare and discourage while introducing them to reality.

When one is permanently on the winning side, he has nothing to worry about, but when one fails, he will have thousand questions that needs an answer as to why he failed, and from this he learns. But in the case of quitting after failing, I think it will depends on mindset. It is always helpful to try a different strategy. A newbie who has been briefed on what trading is all about will not quit after losing. Of course trading involves loses but the better side of loses is figuring out a new way of approach. No matter how productive and consistent a strategy is, No matter how long the winning streak a strategy brings, it will someday fail in a long run. And when ever it fails, we learn.

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A lesson can always achieve through losses but sometime those individuals who fails to attain profit thing that they cannot do it and leave trading and investment instead of thinking that they will not do the same thing. One should remember that at start he will make lots of mistakes and he will overcome these mistakes through getting knowledge. At start I did not have patience and because of this behavior I lost money at start but now I am familiar with all the things related to trading and investment.

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Quote from: irhact on March 18, 2023, 09:44:11 AM

A trader has to win or his losses will make him give up on himself. A trader that isn't winning would not have the motivation to continue trading. The wins mightn't happen everything but it should be more than the losses that he experiences so he can have a profitable balance sheet.

There will always be profitable trades and losses in trading, this is normal, the most important thing is that there are much more profitable trades. A trader should be able to develop a list of rules for himself over time, which he must adhere to, if he violates them, then losses will happen more and more often. Everything seems simple, but disciplined to follow all the rules is not so easy, so the majority loses in the market.

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Quote from: Smartprofit on March 21, 2023, 03:52:04 PM

Quote from: alastantiger on January 07, 2023, 10:01:16 PM

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?

I got my first trading lesson when I participated in the purchase of EOS tokens (in the summer of 2017).

I bought the tokens at $0.85 and then the price went up to $6 within three days. It was a huge stroke of luck for a beginner in cryptography.

However, I was not able to sell my tokens in time and take profits, because I had a poor understanding of how the Bitfinex cryptocurrency exchange works. Meanwhile, such a high price for the token did not last long. Very soon, the price of the EOS token dropped to $2....

This was the first lesson I learned as a cryptocurrency trader - there are always opportunities to make big profits in the crypto industry, but you need to prepare in advance so as not to miss your chance at such moments!

Cryptocurrency trading—where exhilaration meets exasperation! Your EOS tokens adventure showcases the peaks and valleys of this volatile landscape.

Newbies, beware: the euphoria of price jumps can cloud judgment, but strategy and groundwork save the day. Embrace your inner Harari, and you'll sidestep crypto pitfalls, boosting profit prospects.

Let's channel our inner humor, laughing at life's curveballs, while arming ourselves with knowledge and resolve. Master the exchange, plan those buys and sells, and when life gives you lemons, squeeze 'em for wisdom!

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at first i had good luck trading and continued to make profits. but yeah, then greed made me lose control a little and I ended up having a little loss. and yes, the first lesson that really made an impression on me at that time was indeed from my first defeat. I started to learn that it is very important to keep our emotions calm in trading activities. fear and greed we really have to control. well, from defeat we really get more memorable lessons.

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Quote from: martyns on April 01, 2023, 11:38:12 PM

Quote from: Negotiation on March 21, 2023, 09:51:41 AM

Quote from: cute nmp on March 18, 2023, 04:06:02 PM

Most of the lessons we learn during trading comes from our losses.We hardly learn new things from our winning trades because we take time to analyse the market more and find out where we made our mistakes after our losses it helps us to learn more about the market so as to avoid repeating the same mistakes in the future.

It is true that people learn new things by learning from mistakes but how easy or difficult trading is depends on the perception, capital and mental makeup of the person. If a person is negative timid and has very little money, then trading will be quite difficult. If a person is positive courageous and determined to succeed, they find it easier than most types of foreign exchange employment.

There are several people who are also courageous,bold and have money with the determination that they will win in trading who gets dissappointed at the end of the day.Succesful trading does not come from how determined you are to succeed,it all comes from the particular approach or strategy you use while trading.If trading were based on positive mindset,so many person's who are in the trading community would have made it big,but since it's not like that,you just need to turn the failures you get into experience,and as we all know that experience is the best teacher.Its true that the more one fails,the more he gains more experience about trading because no successfull trader today will tell you their trading history has been smooth throughout.If they have had experiences today,it all comes from their previous failures they had in the past,and how they reacted and learnt from those mistakes they made.

Good point, in trading there's always a good balance in between, winning trades drives you to keep on enhancing your strategy same goes with losing trade which will push you more to find the best way to improve, all will be depends from how you take the outcome and how positive you are in each result. If you feel that there are things that you needed to adjust, it's you that will going to find the right pattern to improve.

Though in trading, losing experienced strengthens your positive vibes that you can improve and you can be more motivated to push yourself to achieve your goals.

Topic: You Learn More from Losses than from Wins - page 2. (Read 1690 times)