Topic: you need to overcome your fear of losing money - page 36. (Read 52929 times)
Worrying and stressing over poor trades and lost money will never get you anywhere. In crypto you need thick skin and balls of steel to deal with the turbulence. The sooner you can get over your fear of losing money, the more enjoyable crypto becomes.
It's banal, but money is just money. There are a lot of things such as health, family, happiness, etc, which are more important. When I lose some money, I try to focus on the listed things and forget about material loss
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
yes I agree with this statement, everyone who trades there will be time to lose, and the man learns from mistakes that have been made, it is a very good motivation.
I already overcame my fear of losing money. I acted more brave and I get rewarded for this with altcoins. I got huge profits from them last weeks.
you dont need to do anything. if you feel bad when losing money you should quit trading
I think feeling bad when you lose is okay but make sure you move on and don't dwell too much about it. If you will quit then nothing will happen feeling bad is part of the trading experience and that will make you tougher so instead of being negative why not make it as a inspiration and do better so that you can minimize the lost.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yes if you have fear you cannot pursue yourself to move on.You have to be a fighter so that you see yourself in the end your a winner.Just like I experience at forum,even though they take away my earnings its okey,theres another day to get it back all my loses.I can earn more than I expect.I dont think on my loses but on my profit in the future costing a million of cash.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
yes I agree with this statement, everyone who trades there will be time to lose, and the man learns from mistakes that have been made, it is a very good motivation.
I already overcame my fear of losing money. I acted more brave and I get rewarded for this with altcoins. I got huge profits from them last weeks.
For me there's still fear of loosing money especially when we're talking about thousands which is scary and maybe can't take that away from me maybe just reduce the fear will help
In trading, the traders that have patience and the holding power of their bitcoins and altcoins will stand a higher chance to make a profit, it is always better to trade with the spare money in your pockets as you will not need to sell away your coins at a loss during a price drop.
Trading, since the beginning of time, has its own risk. Only an experienced trader can trade with minimal risk and there can only be experienced trader when they are consistent in trading. Being consistent means being able to get profit and to handle the losses.
I think it's much better to say that we should overcome our fear in experiencing new things. This needs courage at the same time doing it safely. Earning is not always easy. You can loose a couple of that and that will teach you more. It's not normal to ignore loosing tons of money. But it is normal to loose some and get depressed about it. Every loss is a great challenge. What we need to overcome is the FEAR itself. The fear of trying once more. And doing it right the second time. We have choices.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
yes I agree with this statement, everyone who trades there will be time to lose, and the man learns from mistakes that have been made, it is a very good motivation.
you dont need to do anything. if you feel bad when losing money you should quit trading
Quitting trading means that you don't really want to succeed in life, I understand that we do have different perspective in life but I could say that not quitting in trading because with this we can change our life. Sometimes, we have to face our fear especially when it has something to do with our life.Even me, I also have a time can not trade on the market, but luckily I did not give up it because I stil want to continue make money.
you dont need to do anything. if you feel bad when losing money you should quit trading
Quitting trading means that you don't really want to succeed in life, I understand that we do have different perspective in life but I could say that not quitting in trading because with this we can change our life. Sometimes, we have to face our fear especially when it has something to do with our life.
you dont need to do anything. if you feel bad when losing money you should quit trading
In all trading activity, it's been proven many times over that the negative feelings and neuron activity associated with a loss are GREATER than the euphoria experienced when winning an equivalent amount. So to avoid getting burnt out or losing a psychological battle, any serious trader has to train himself to detach emotions from winning or losing money in the market.
I would recommend either attaining a zen like frame of mind or triggering crazy responses in you, like almost enjoying the loss, viewing it as a learning experience, etc.
I would recommend either attaining a zen like frame of mind or triggering crazy responses in you, like almost enjoying the loss, viewing it as a learning experience, etc.
With bitcoin and other digital currencies the fluctuations happen periodically. So it's good to understand better about the bitcoin market and then just focus on getting an added profit. Here users just panic on these situations, and the one who overcomes will have patience and hold. This provides the success through bitcoin.
I think we have to keep in mind that yes there are chances to lose in trading but if a person is losing without any bad conditions occur to him or to the market then he is not considered as an expert trader but there will be some inabilities in his skills which will need to be polished after that we can say that he will be an expert trader.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Learning from the failures we have experienced before should be used as learning for the future in trade. But still we must realize that losses in trading can be experienced by anyone, either by a beginner or who has a lot of experience in trading. Sometimes people who are ordinary and experienced in their trades can be careless until they have to give up their money. At least we must take various steps to prevent and avoid this risk, the most important thing to avoid fatal losses is very dangerous. 
Lose in trading is also the beginning of failure.
If we lose continuously without taking lessons then failure is what will happen.
Lose in trading will be a success if taken a lesson.
So in my opinion do not be too brave to take a decision in trading but think about risks and losses.
If we lose continuously without taking lessons then failure is what will happen.
Lose in trading will be a success if taken a lesson.
So in my opinion do not be too brave to take a decision in trading but think about risks and losses.
Losses are always a partner of investment, now its up to you if you would consider it as a loss or as a guide ti help you on your way to success. Many successful traders started from having lots of losses ( if what I've read is true), and they learned from it and used it as a stepping stone to get to where they are now. One more thing that I always see in posts and comments is that you should only invest what you can affird to lose.
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