you need to overcome your fear of losing money - page 31.

leexhin

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Yes we really need to overcome our fear of losing money specially in trading,
I think it is part of it we need to take risk and sometimes the risk that we are taking is really worth it.
And the outcome might be great so don't be afraid to take some risk in life.

aoihs00

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Indeed. That's the thing which actually takes over our emotions and then we start loosing more money for the next play. So to avoid this to happen one should always be aware of loosing is not really loosing but start of successful trading. I mean we can just know what we don't have to do in next time front he past experience. That makes it more easy to learn and then earn money out of the trading.

Also in crypto currencies there are way lot more easy ways to trade the market as compared to real market. So one must take this opportunity very seriously to have it executed easily.

UnicomICO

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Yes, that's from psychology.
If you're really afraid of losing anything and care a lot about it, it will not remain in your life and will avoid you.
Let the situation go, and it will find you again

rhamzter

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Quote from: KesoNie on October 09, 2017, 02:09:03 AM

Quote from: crazycatwoman03 on October 07, 2017, 10:59:01 AM

Quote from: meldrio1 on October 07, 2017, 06:58:42 AM

I agree losing is part of successful trading like professional traders experienced loses in the first time in trading but this trading is very risky you will always lose if you don't have a strategy in trading even professional traders can lose but they mostly win because they have strategy.

Losing is part of successful trading that is why we have to learn from our mistakes. Every failure comes with a lesson and using this as an advantage the next time we trade will be very helpful. It is not necessary to have a trading strategy of your own, what important is that you understand what you are doing when trading because trading comes with a great risk.

Losing is inevitable its already part of trading. Also losing money in investing for bitcoin is also inevitable because of its inconsistent of price at the same time its always fluctuating state of changing price. It is very unpredictable, and also losing using your money in bitcoin is also unpredictable. But I think the essence of being a trader, a well experienced trader is that we earned a lot of learning for every mistakes we have done. We learned how to deal in our lost, we already know how to overcome it, and most especially we can construct a concrete plan, and a well effective plan for our next trading.

Losing money that we work for long time, it too much hard to accept. But we can't do anything when they it happen because if we always think about it they were always worried and they will scared to invest in different business also to different sites because they were always thinking that what if I lost it. but we just need to fight our fear in scam.

KesoNie

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Quote from: crazycatwoman03 on October 07, 2017, 10:59:01 AM

Quote from: meldrio1 on October 07, 2017, 06:58:42 AM

I agree losing is part of successful trading like professional traders experienced loses in the first time in trading but this trading is very risky you will always lose if you don't have a strategy in trading even professional traders can lose but they mostly win because they have strategy.

Losing is part of successful trading that is why we have to learn from our mistakes. Every failure comes with a lesson and using this as an advantage the next time we trade will be very helpful. It is not necessary to have a trading strategy of your own, what important is that you understand what you are doing when trading because trading comes with a great risk.

Losing is inevitable its already part of trading. Also losing money in investing for bitcoin is also inevitable because of its inconsistent of price at the same time its always fluctuating state of changing price. It is very unpredictable, and also losing using your money in bitcoin is also unpredictable. But I think the essence of being a trader, a well experienced trader is that we earned a lot of learning for every mistakes we have done. We learned how to deal in our lost, we already know how to overcome it, and most especially we can construct a concrete plan, and a well effective plan for our next trading.

Souldream

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Quote from: Ziskinberg on October 08, 2017, 06:15:46 PM

Quote from: innocent93 on October 08, 2017, 04:37:44 PM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

In a documentary Warren Buffet told, regarding the way to invest, that there are two simple rules. 1'st rule: never lose money when you make an investment, and the 2'nd rule it DON'T FORGET THE FIRST RULE. Simple.

That sounds very tricky rule, all we aim is to make money but not all of us are successful in investing.
It's just a motivation I guess but if we are not smart enough and we will not work hard we will never be successful in investing, if we can easily make profit then investing is not risky at all but the reality is the opposite.

I didn't think that this rule has been followed or been happened to anybody who take risk in entering business or trading. Of course, in business you need to cash out for your investment, i don't think so that there's a business that wouldn't need it. And also, business, trading and gambling I think they have similar principles. You didn't really sure that your money will grow or worst will lost. And it happen that you lost your investments, then you must learn how to overcome it. Its not easy, but keep going on someday you could have what your heart desires.

imsotiredofmoviereboots

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I totally agree but to be clear, you don't have to put a huge money like BTC.20 or BTC1 like you are hasty to make huge profits because you are doing it wrong. Start with just small amounts because you are still learning.

stadus

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Hhampuz for Campaign management

Quote from: Coffee2015 on October 08, 2017, 07:52:05 PM

I did it already,
I lost of about 125k usd at one day, I was shocked but then I realized that it is a must.
So I keep it going and it is okay.

You are right,
You need to overcome your fear of losing money.

Huge money but that is normal in trading, when we lose and we learn from our mistakes what will happen is we will improve and eventually we
will be on a profitable track. It's a journey and when we keep learning there is always a bright future that awaits us, that is why trading is not for people
who are afraid of taking risk, the bigger your put at risk the bigger you will get in return.

Coffee2015

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I did it already,
I lost of about 125k usd at one day, I was shocked but then I realized that it is a must.
So I keep it going and it is okay.

You are right,
You need to overcome your fear of losing money.

Ziskinberg

hero member

Activity: 2926

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Quote from: innocent93 on October 08, 2017, 04:37:44 PM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

In a documentary Warren Buffet told, regarding the way to invest, that there are two simple rules. 1'st rule: never lose money when you make an investment, and the 2'nd rule it DON'T FORGET THE FIRST RULE. Simple.

That sounds very tricky rule, all we aim is to make money but not all of us are successful in investing.
It's just a motivation I guess but if we are not smart enough and we will not work hard we will never be successful in investing, if we can easily make profit then investing is not risky at all but the reality is the opposite.

Vispilio

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One other detail I can add is that you need to love trading with peerless passion to the point that you are thinking about trades in the shower, on the car, everywhere.

I speak with 1st hand experience that there are some people out there with an obsessive interest in this business, so anyone treating the extremely competitive business of trading as a comfortable side gig or a part time hobby would be almost guaranteed to be outclassed in competition.

innocent93

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

In a documentary Warren Buffet told, regarding the way to invest, that there are two simple rules. 1'st rule: never lose money when you make an investment, and the 2'nd rule it DON'T FORGET THE FIRST RULE. Simple.

starboyshuvo

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take risk and gain profit

kodtycoon

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If you are an experienced trader it is definitely not going to be afraid to losing money in trading, but I think you do not need to sacrifice your money to succeed in trading. If you are an experienced trader I am sure you will not losing in trading you do because you already have many strategies for trading.

GreatBug

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

It sounds very philosophical but how true is it, who is afraid of losing should not "play" or maybe better word invest in crypto, everything is based on risk and good analysis which can make benefits.

Drnice

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

It's a good say cause lossing is a part of trading, but one important thing is try not to loss what you can't contain when the emotions comes, loss what will not disfigure you at the end.

raven7886

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Quote from: Konco126 on October 06, 2017, 09:26:29 AM

I think everyone needs to overcome the fear of losing money, because otherwise the person will never give up, so that person will get used to losing money. it's true that losing money is part of successful trading. If you treat the loss as part of trading then you are an experienced trader.

Losing money is part of trading and not part of successful trading. It depends on how you lose. Did you lose blindly just by trying your luck purely on the market or did you make research and you just were not lucky to get your predictions right due to some unforeseen outcomes. The truth is we can never always win, but we can always minimize risk and also learn from mistakes. Being successful trader is when you do it well and you get the benefits.

PizzaBTC

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Quote from: buharikx31 on October 01, 2017, 08:45:13 AM

Trading bitcoin or any other currency it's really volatile, it's better to save that coin and hold it then sell it when you see that the price went down, after you will stay calm and understand that this market can change in hours you can hold this coins and not sell them and probably get aditionoal funds

I am also in favor of holding bitcoin for long period because they are worth holding not only for month but also for years.

Bitcoin is at present the best digital currency available in the crypto world and the best evergreen investment for generating grand profits. Bitcoin is famous just because of its attribute of producing unbelievable rewards over a time period of few months.

NS-Soul

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arcs-chain.com

Quote from: crazycatwoman03 on October 07, 2017, 10:59:01 AM

Quote from: meldrio1 on October 07, 2017, 06:58:42 AM

I agree losing is part of successful trading like professional traders experienced loses in the first time in trading but this trading is very risky you will always lose if you don't have a strategy in trading even professional traders can lose but they mostly win because they have strategy.

Losing is part of successful trading that is why we have to learn from our mistakes. Every failure comes with a lesson and using this as an advantage the next time we trade will be very helpful. It is not necessary to have a trading strategy of your own, what important is that you understand what you are doing when trading because trading comes with a great risk.

Well said, ypu need to have a good amount of money and the important thing is to test, adjust or your preferable ways . Patients and mamy more attitudes were very neded.

katiecbell

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Quote from: BingoDog on September 30, 2017, 08:48:28 AM

If you accept that loss is sometimes inevitable and that you are not the superman who makes profit all the time then you will not have such fear from losing. Loss can't be avoided but it could be diminished with smart and caucious decisions. Always count with risk and don't invest or spend more money than you can afford, then you will have no fear.

Humans are vulnerable to making mistakes and no one can live a life without facing failure. We grow only when we fall. It requires time and persistence to become a successful person in life.

If somebody has lost something precious, he must learn from it and try to never let that happen again. This is how heroes take birth and if something afraid you, try to conquer that fear.

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