you need to overcome your fear of losing money - page 39.

yndye

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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.

We have to accept the fact that we will not always win and in losing we learn more and will know more ourselves. When we lose, we know more our strengths and weaknesses and that's the time we will be able to adjust our trading style and know what would be the perfect strategy for us to be more comfortable in trading and to have the time management as well. We should only trade what we can afford to lose so that we will not be afraid every time we trade and always worry when the price doesn't go our way.

Noore Najjar

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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.

yep but losing to much is also not good , trading is needs more observation and patience . thats why some people just leave it when it comes to loose few money because of trading , experienced trader need like 3-4 months to master it and also good amount of money for investment

twicezeroiszero

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Quote from: Fireblade on September 21, 2017, 02:47:35 PM

Quote from: kafeelniazi on September 21, 2017, 12:38:43 PM

Quote from: ngacengan on September 21, 2017, 06:24:13 AM

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.

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.

in trading mistakes are lesson for a person who just join trading, it is much better for him to find their weaknesses in his failure. I suggest you one pretty big idea. you better join any free account with the fake trail money from which we are able to make trade and learn from it.

i think experience make man perfect, the fear of losing money is reduce only through experience, if a person is new in trading he must have the fear of losing money, but with the passage of time as he spending time in trading he is gradually becoming bold and then he like to take big decision without the fear of losing money, so experience is too much important if a person want to reduce the fear of losing money.

If you want to improve your experience, you should spend your money to loss first.
Never have lose on the market, how to help you know that?
The lose when you become an investor can not avoid, you need to ready before take big loss.

Jack353

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Of course, trading, like any other way of earning, has its risks. It could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes. Start with a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Good luck and take it slow! Tongue

magmar

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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.

Yes of course, it is a part of being a trader, if you wish to be a trader or a businessman you need to be aware that there will always be a loss. We all must learn how to deal with it because if we cannot, our emotions might drive us in a wrong path. It can lead us into a bad decision, a successful businessman. Me personally at first I panic because of mu huge loss because of the fall of bitcoins but after knowing that the value always rise back again, I get used to it so I'm not that afraid to lose it because I know that I will get it again.

ammo121810

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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.

That is correct before we enggaged in trading in the crypto market we have to be aware and realize the things that we are going into because trading is a very risky investment and lots of people panic when they have losses. We should be calm and dont just invest in one currency so that it wont stress us too much.

moataz_ansary

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Losing is a must in this field to continue
Just think if we all win and make profit then what will happen
Must some loss to make big profit

Fireblade

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Quote from: kafeelniazi on September 21, 2017, 12:38:43 PM

Quote from: ngacengan on September 21, 2017, 06:24:13 AM

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.

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.

in trading mistakes are lesson for a person who just join trading, it is much better for him to find their weaknesses in his failure. I suggest you one pretty big idea. you better join any free account with the fake trail money from which we are able to make trade and learn from it.

i think experience make man perfect, the fear of losing money is reduce only through experience, if a person is new in trading he must have the fear of losing money, but with the passage of time as he spending time in trading he is gradually becoming bold and then he like to take big decision without the fear of losing money, so experience is too much important if a person want to reduce the fear of losing money.

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I don’t agree with those of you who criticize the OP for saying that losing is part of successfully trading. I think you are focusing too much on the fact that he is saying you have to accept your losses. I think the important point he is making is that to be successful you should put aside your emotions, and be able to trade by making rational decisions, no matter if you have some losses.

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Quote from: tranle789 on September 21, 2017, 09:29:52 AM

Everyone involved in this market will certainly lose a lot of money but from that experience we have to learn the lesson and make the right choice from mistakes. I think if you want to succeed then you will certainly encounter many difficulties.

We can't blame those newbies here in the forum or in the crypto world about having fear on losing our money, we are all started on that, but once they are earning enough money, they will overcome this fear. I remember way back then when I was a newbie, I was scammed by this guy who said that I could make my 0.02 bitcoin to 0.04 in just 3 days, and I believed him, but after 3 days, he vanished without a trace, so after that, I've learned my lesson and that is the most important part, you have to failed in order to learn something, or overcome something.

Koadharber

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Quote from: yoonah on September 20, 2017, 08:09:34 AM

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.

Agree this one skill that is highly need if we want to be a successful trader because as we all know even those experienced trader sometimes lose so if you can't take and can't accept to lose then it would be better to stop trading.

Nothing on this world would able to make a perfect execution on anything.Specially on the things that we do specially on trading, we cant make anytime on profitable trades on which we would really make some mistakes too along the way which this things mold us up even more to be a better trader just like on other things too.When it comes to investment we would really need to overcome the fear of losing money because if we do really like to earn money we should really need to risk money too.

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Quote from: ngacengan on September 21, 2017, 06:24:13 AM

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.

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.

in trading mistakes are lesson for a person who just join trading, it is much better for him to find their weaknesses in his failure. I suggest you one pretty big idea. you better join any free account with the fake trail money from which we are able to make trade and learn from it.

xFiber

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I don't entirely agree with this. Just because you can trade all the time doesn't mean you have to trade all the time. The worst thing you can do in trading is constantly looking for trades. This will cause you to lose money. It's a lot better to wait for a great opportunity and trade more capital for a higher percentage.

TheGodFather

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Quote from: ngacengan on September 21, 2017, 06:24:13 AM

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.

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.

yes thats right, i have been losing a lot too,but still im always trying my luck here in trading i always control my fears and emotions and that is the good thing when you are in here trading, you will learn how to control your emotions in a different manners and then you will also learn to be patient and a lot of needed to be learn too, thats great i think.

warr1979

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Quote from: Jemzx00 on September 21, 2017, 06:35:46 AM

Quote from: ngacengan on September 21, 2017, 06:24:13 AM

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.

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.

Don't treat losing as a part of trading because it only make you broke sooner or later rather treat it as a leason that you would not want to experience. But just as you said that everyone that trades has experienced losing since not everyone wins when you start doing trading due to lack of knowledge on it.

Whom are loser while all traders are winner on the market?
You have to know in any games, we need have loser to honor the winner (or "give" them some benefit Grin

)

tranle789

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Everyone involved in this market will certainly lose a lot of money but from that experience we have to learn the lesson and make the right choice from mistakes. I think if you want to succeed then you will certainly encounter many difficulties.

liseff3

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Losing money is a risk for traders, because otherwise we also have opportunity to earn money from trading profits that occur. However, we also need to act logically. Main in trading is precise timing and mature analysis. While error produces a loss at the end.

cryptocrusher

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Many people I know who have tried to trade both crypto and other markets such as forex often are let down by their inability to accept loss. If you are constantly looking for 'safe' trades you will never make enough on this trades to outweigh the times that it does go bad. Personally I probably profit on about 2/3 of my trades and lose on 1/3 of them. But as long as the amounts are similar then for me this is still fine, loss is something you have to accept is going to happen again and again.

shield132

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Quote from: Buckwheet on September 20, 2017, 07:44:24 AM

Easier said than done - when u lost 100k-200k u can't keep calm anymore. Fear will come and make you do something stupid very stupid

If you can't understand what's the main idea of this thread and it's title, it's very sad. Of course if you lost 100K then just shut down your computer forever or ban every exchanger in your pc/smartphone, to say shortly, this means trading isn't your job. The main idea of this thread is that if you fare about losing money, you can never get profit because win and lose are both part of successful trading. If you fear that you will lose 5% of money and it will cause catastrophe, then you can't be trader. Sometimes you lose, sometimes you win but your will must be win and that win must be higher than lose.

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Quote from: ngacengan on September 21, 2017, 06:24:13 AM

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.

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.

Don't treat losing as a part of trading because it only make you broke sooner or later rather treat it as a leason that you would not want to experience. But just as you said that everyone that trades has experienced losing since not everyone wins when you start doing trading due to lack of knowledge on it.

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