you need to overcome your fear of losing money - page 32.

crazycatwoman03

sr. member

Activity: 588

Merit: 250

Quote from: meldrio1 on October 07, 2017, 05:58:42 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.

magz

full member

Activity: 268

Merit: 100

World's First Chain Balancing Token (CBT)

Quote from: Idrisu on December 03, 2016, 02:33:11 PM

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

I do not call myself as a trader. I am doing trading, but I am new to this. So I am not yet an experienced trader. But I know this one. Losing is part of trading. Anyway, you cannot call it as a loss if you didn't sell it yet. So it is still an unrealized loss. So stay focus , do not panic. It is normal.

BitcSeo

hero member

Activity: 1020

Merit: 501

"...come your fear of losing money"

The fear there is just a normal sensation,emotion or energy call it whatsoever, you like.

Fear itself is a normal sensation that sometimes send signal to the brain when you are trying to do something differently or try something new. This can be business,relationship..ecc So, it's a normal sensation. in ortherwords, our brain mechanism is sending such signal because (BECAREFULL,BECAREFUL) we are about to try or do something which we are not used to.

As mention by one member, it's best to evaluate such fear & so that the next time you embark on setting a similar goal for yourself, the part of the brain that responsible for sending out this message will not trigger in such a high level

NOTE: Fear it's what determine our position in life (rich or poor) people have this in common but, successful people knows how to change their fear into fuel. Personally, i have lost money,waste my time countless number of time but, one thing is consistent with me. The desire to move ahead to accomplish more without languishing in defeat/fear of yesterday.[/glow]

Thanks

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: yrreg ger on October 07, 2017, 05:04:25 AM

Quote from: grayhound on October 06, 2017, 06:10:27 PM

Quote from: Idrisu on December 03, 2016, 02:33:11 PM

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss

I agree with you, we can't success if we don't know our mistakes and failure and it comes in losing. All losing will be the lesson and right our mistakes, experience is a big key to success. And those experince encounter losing/good result. The mistakes is in the starting after that you can get lot of knowledge that will use in making a decision, decision that will gives a sweet fruit.

and if we can learn from our mistake and we can prevent doing the samething in future, then our skill in trading will be grow too. if we are feel that we need to read other tutorial then we should read and learn more so in other chances, we can trading with good and finally we can make profit. but don't be too greedy for casing the profit because in the end we can not make a good profit. in trading we need to control our emotion too.

meldrio1

full member

Activity: 1358

Merit: 100

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.

planfox

sr. member

Activity: 504

Merit: 250

Of course, one must overcome the fear of loss in order to earn a lot of money. Fear of losing money will not allow you to earn something, but on the contrary can lead to losses.

Aamir1

hero member

Activity: 756

Merit: 500

A child never learns walking directly after reaching a particular age, but they learn it by trying. They start trying to walk, and they fail everytime they try at first, but at the end, they learn it and then they don't fall again. Trading is exactly like that. The losing part is the time when you are falling, and if you give up once you fall, you will never learn to walk, but you will only learn if you get up every time and try it again until you get to know it properly.

yrreg ger

sr. member

Activity: 448

Merit: 250

Quote from: grayhound on October 06, 2017, 06:10:27 PM

Quote from: Idrisu on December 03, 2016, 02:33:11 PM

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss

I agree with you, we can't success if we don't know our mistakes and failure and it comes in losing. All losing will be the lesson and right our mistakes, experience is a big key to success. And those experince encounter losing/good result. The mistakes is in the starting after that you can get lot of knowledge that will use in making a decision, decision that will gives a sweet fruit.

Yessha

newbie

Activity: 6

Merit: 0

Remember that a Business will never become a succesful without hardship and part of it is losing money, you have to take the risk your not alone in this matter.
You have to face the fact that its part of a business but experience wise you have to prevent losses before it affects your financial status. In order to overcome this fear, you have to be prepare and have faith

this might help, PLOC - planning, Leading, organizing and Control .

Casdinyard

hero member

Activity: 2184

Merit: 891

Leading Crypto Sports Betting and Casino Platform

Quote from: Konco126 on October 06, 2017, 08:26:29 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.

As soon as you enter in trading industry you also embraces all the things that surrounds it.
Took all the consequences behind it and risk the things that you can and one of this is losing your money. Even a good and skillful trader once lose their money but accept and move on further. So when you lose your money just think it's okay and everyone here experience that so nothing to worry.
However, if you don't want to lose money then don't do trading because it's not for people who's not a risk taker.

Nerman

full member

Activity: 364

Merit: 107

Quote from: Idrisu on December 03, 2016, 02:33:11 PM

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

This is true, i can guarantee that no trader was able to make 100% winning trade. Losing trade is always part of trading. Ideally trade what ever you are willing to lose but of course this is not that easy. What i usually say to my friends is in trading is you need to have a winning trade percentage at least 60%(assuming you are trading the same amount every trade), to be profitable because losing trade is inevitable.

bestluck

hero member

Activity: 658

Merit: 500

Quote from: bmichael05 on October 05, 2017, 05:41:37 AM

In any case, trading is a probability. You have to start trading with amounts that are not afraid to lose to emotion. After you tought you will increase the deposit together with skill.

When you trade crypto on spot market because of high volatility it is not a loss until you sold the asset.

This is in fact the basic rule of trading that you invest that much money that you can afford to lose. You cannot get any profit till the time you will not overcome this fear of losing your money. You need to be very much brave and strong in order to have more profit at the end. In the world of trading the first lesson that you have to learn is this that you need to be brave.

knightmairesaint

sr. member

Activity: 490

Merit: 262

privacy preserving smart contracts and beyond

Quote from: grayhound on October 06, 2017, 06:10:27 PM

Quote from: Idrisu on December 03, 2016, 02:33:11 PM

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss

Right, we certainly have to overcome this fear because it is part of trading. Besides, failing sometimes could give us lessons which will be useful for us to grow us traders. If we choose to trade, we have to understand that there is already a risk the moment we decide to trade. Yeah many people are also saying that we should not consume all of the coins for trading especially if the price is very low. What I do at times like this is I divide the coins, I don't know if this will work for the others but it works for me.

grayhound

newbie

Activity: 47

Merit: 0

Quote from: Idrisu on December 03, 2016, 02:33:11 PM

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss

Sendibere

full member

Activity: 196

Merit: 101

this is really what we need to fight. Get off and cope with all cypto tests. so your earnings will be higher when trading bitcoins first pass.

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: gabmen on October 05, 2017, 09:32:45 AM

Quote from: Granxis on October 05, 2017, 05:52:03 AM

Losing is actually a necessary thing to learn, if you have not lost, you can not earn. At the beginning of every job, you should first try a small amount of money. Because you are inevitable to experience a loss of money, very small quantities of money should be tested.

Right. A person who's not willing to take risks in fear of losing won't actually go very far. As a lot of people would testify, losing teaches you more lessons than winning and these lessons are the ones that would help you become better in the long run

Yeah, losses will help us mature and improve ourselves more in the road ahead, if we are an investor or a trader, we need to be ready to face loss, this is a very normal thing, each time we lose is that each time we accumulate more experience, we will be more successful in the next trading. Trading is a real battle, fear can kill us, so we always need the calm and careful thought in every situation, the loss is not scary, the most frightening is that we collapse after the loss, we can not teach anyone how to overcome the fear of loss because the answer is in themselves

The_authentic

member

Activity: 60

Merit: 10

This totally makes alot of sense.

pkdas

member

Activity: 96

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...

Konco126

full member

Activity: 295

Merit: 104

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.

daringdiscovered

hero member

Activity: 700

Merit: 500

Quote from: MFahad on October 04, 2017, 09:59:44 PM

If there are people out there fear trading, then they need to get out. That will always end in rash and irresponsible trades that much the market.

Rumors are the fuel that run the fear markets and that creates too much volatility and gives too much power to straight market manipulation.

You do have a point, but if someone really wants to earn money, even though whatever way it is, he will never going to make some profits if he is not going to lose something, it is not having always in return, it is about learning how to esrn money surely and not always hesitating to do something since they are afraid they might failed.

Topic: you need to overcome your fear of losing money - page 32. (Read 52926 times)