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Topic: you need to overcome your fear of losing money - page 16. (Read 52929 times)

member
Activity: 84
Merit: 10
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yes absolutely.. all investors have that.. that's what they call risk...
hero member
Activity: 966
Merit: 506
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Losing happens with all sort of trade, though you were experienced or have good knowledge about it. In my view one can be considered successful in trading when he has the ability to minimize loss or avoid loss even during times of hard financial crisis. With bitcoin it is very hard because price fluctuation occurs without any notification.

That's right. Losing is always a part of trade. No one is perfect, and no one has all the knowledge that would help them actually decide on which trades would actually work best. Losing, I think, can be seen as a good thing because it has a lot of potential to teach someone and give him or her good experience, which can help that person with his/her future dealings. As they say, "experience is the best teacher", and if you consider losing as an experience, then you could probably get a lot of good things from it even at the expense of some of your assets at times.

Without losing, i never see any business or trade. In trade we have lost our money, but it is by mistaken happened and also losses give us lesson and improve ourself in trade. But we should overcome our fear of losing money and it is happened when we have profit from trading then automatically we have overcome from our fear. 
hero member
Activity: 882
Merit: 500
True indeed. One needs to fail in every way and accept this failure until he will be able to master something. This goes for trading as well as for most aspects of life.
Very wise words my friend!  You have revealed the mystery of life and this world in a very precise yet meaningful manner. Fear is not the solution of anything. It actually worse the situation even further. However it is not possible for humans to never experience this feeling. The best way to cater it is to face it.There can be exceptions but I myself have many fears. I face them and conquer them.
jr. member
Activity: 105
Merit: 6
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For anyone, it is possible to lose money in any investment. The trader should understand the risk of the transaction and the profit and loss in the transaction is normal. But we can reduce our losses by completing our work to learn from the lessons learned in the selected trades,
hero member
Activity: 1036
Merit: 500
True indeed. One needs to fail in every way and accept this failure until he will be able to master something. This goes for trading as well as for most aspects of life.
You can only excel in your life if you manage to overcome this fear of losing money. It is a human physic that all of us do feel afraid of losing their own money but you need to make yourself understand this thing that if you will remain coward and keep having this fear of losing money in your mind, then you will never be able to get what all you dreamed for in your life. You need to be brave all the time.
legendary
Activity: 1470
Merit: 1010
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That's true, losing is part of every business that you want to join, but it doesn't mean that if you loss once, you will give up already. Instead use it as a learning experience so that you will commit the same mistakes for the second time around.

if you learn from every mistake, that's not so bad indeed. Anyway, you have to be ready to lose when you trade but more importantly, you shouldn't trade with more that you can afford to lose.
full member
Activity: 490
Merit: 100
One of the things to do beside speculating and been influenced by all other factors that comes in to play of which you can not control when you are trading is to learn as much fundermental as possible. Been able to read and understand what the chart is saying will put you in most advantageous position and in that position, there is no fear!
full member
Activity: 238
Merit: 101
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like a gambling philosophy, still could not ignore its meaning. One of the basic thumb rule of trading is we cannot prevent losses but we will be able to cut the losses early when it will be very small. Yes, losses also a part of trading.
Everything happen in this world has a reason. If you lose more money just think that it's just a money you can find it everywhere. Don't think to much. Just remember that you have a family who guided you and love you. Money you can find it if you work hard.
newbie
Activity: 112
Merit: 0
No matter what in the world there is the risk of failure and you have experience as a failure to absorb good, in the virtual currency trading there are ebb and flow, a lot of people have cast high low buy psychology, but most people have no way to do this, the only can do is to keep a good mood, take your time!
member
Activity: 168
Merit: 11
True indeed. One needs to fail in every way and accept this failure until he will be able to master something. This goes for trading as well as for most aspects of life.
sr. member
Activity: 994
Merit: 256
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That's true, losing is part of every business that you want to join, but it doesn't mean that if you loss once, you will give up already. Instead use it as a learning experience so that you will commit the same mistakes for the second time around.
When someone is ready to come and join this world, he or she must know some points, some facts and figures. And the most important two factors that I consider the most vital are, one is not to fear from losing money and second is that there must be some risk attach to everything coming in front of you. So take these both things with you and have a fantastic life ahead.
member
Activity: 154
Merit: 10
Very good thinking.I appreciate you thinking about trading..Trading is all about patience. When you losing,you should not panic you have to wait for the right moment. If you panic you will lose too much and you feel boring about trading...
member
Activity: 350
Merit: 12
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like a gambling philosophy, still could not ignore its meaning. One of the basic thumb rule of trading is we cannot prevent losses but we will be able to cut the losses early when it will be very small. Yes, losses also a part of trading.

i agree..loses is a part of trading and through that experience you will learn on how to trade and how to deal with it..
full member
Activity: 308
Merit: 128
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That's true, losing is part of every business that you want to join, but it doesn't mean that if you loss once, you will give up already. Instead use it as a learning experience so that you will commit the same mistakes for the second time around.
copper member
Activity: 672
Merit: 270
if you want to make profit, the first thing you have to face is losing your money. once you lose your money, you learn something, those lessons can be experiences which help you get money.
I believe that the one who is afraid of losing his money will always be unable to make anything fruitful in his life. There is no way that a coward man can make such a bold decisions of investing his money in any kind of investing. If you will fear of losing your money, then you will never be able to make profit by any kind of investment. You really need to be brave enough so that you can make the things happen according to your own desire.


I believe that really need to overcome your fear of losing money, why? Because in this kind of world where people are being a risk takers seeking for a good investments that they could use to get a high profit it is not quite far that you'll get loser even if your already joining in this kind of business. It is not far that your dreams that you've waited too long will not quite far but so far to achieve because of the fear you feel. So take my advice to relax and enjoy the game.
full member
Activity: 461
Merit: 101
It will be enough to buy bitcoin in 2013 to never be afraid of losing money, on the contrary, to be afraid to earn a lot haha
Well buying bitcoin way back where the digital currency were only new to world of digital of course if I am them I would also be afraid of trying to invest my savings and I guess the feeling of afraid of losing is already there since we are talking about money matters and since it is trading losing or winning is the two principle of trading. Thats why it is a must to overcome the feeling of losing.
legendary
Activity: 1110
Merit: 1000
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree with you.
if a trader has such a mental then he is a professional trader.
Dare to lose money means Dare to take the decision to get big profits.

I overcame this problem by assuming that I will be the winner at the end. This concentrated me on my trading job and I'm stronger now. Without mental support, it's hard to handle this fear of losing money.
It is hard for us sometimes to accept that we are just gamble our money by trading. Yes i mean also trading as a gambling where we are taking the risks without any assurances that our money will get back profitable. And sometimes due to our failure we also get to the point where we are being afraid of losing our money which in the world of digital currency it is required that you must overcome your fear of losing money, and don't be afraid to play the game wisely and properly.
full member
Activity: 334
Merit: 100
if you want to make profit, the first thing you have to face is losing your money. once you lose your money, you learn something, those lessons can be experiences which help you get money.
I believe that the one who is afraid of losing his money will always be unable to make anything fruitful in his life. There is no way that a coward man can make such a bold decisions of investing his money in any kind of investing. If you will fear of losing your money, then you will never be able to make profit by any kind of investment. You really need to be brave enough so that you can make the things happen according to your own desire.

full member
Activity: 125
Merit: 100
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree with you.
if a trader has such a mental then he is a professional trader.
Dare to lose money means Dare to take the decision to get big profits.

I overcame this problem by assuming that I will be the winner at the end. This concentrated me on my trading job and I'm stronger now. Without mental support, it's hard to handle this fear of losing money.
member
Activity: 93
Merit: 10
It will be enough to buy bitcoin in 2013 to never be afraid of losing money, on the contrary, to be afraid to earn a lot haha
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