you need to overcome your fear of losing money - page 40.

ngacengan

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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 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.

MMysterious

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I also think this is a gamblers philosophy in trading, of course you have to learn from your mistakes so when you treat losing as part of it then eventually you will get used to it and realize that you would not be in that position right now if you did not encounter losing which is part of trading too.

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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.

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.

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Quote from: Buckwheet on September 20, 2017, 08:44:24 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 were able to risk that much, then more often than not, you're already a millionaire. Normally you would risk a small percentage of your total bankroll. If 100k-200k is just a small percentage of your total bankroll, then it wouldn't be that frustrating. Risking that much is already a normal thing to you and losing it has already been anticipated in your mind. 100k to 200k seems like a huge thing for someone who doesn't have that much. But for people that whose bankroll is high above that, that's nothing. It's just an average day for them to either lose or win that amount of money.

Quote from: Oo ako to on September 18, 2017, 05:30:05 AM

I won't be afraid of losing if the money that I lose is just a 5-10% of my wealth. But I'm not that rich so I will not deny that it causes me to panic and fear even if it is part of trading.

Percentage wise, money can seem very little. But for someone who didn't grow up having a lot of money, absolute-wise the money is huge.

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Quote from: djgtr on September 20, 2017, 08:18:18 AM

Quote from: arbelian on September 20, 2017, 08:03:47 AM

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 i agree on that.if there is no failure there is no success .i think we dont really have to be afraid of what would happen because anything happens for a reason .i think enduring in the big distress in business or maybe in any kinds o life situation may lead us to success because experiwnce is a great teacher. And learning leads to earning.

Yes , experience is the best teacher. Most of the time people tend to quit after a single try. For example in this forum you may see many different threads about how they fail in trading or trading sucks. They dont consider it as valuable experience that in later part of their career would help them become a successful trader.

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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

djgtr

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Quote from: arbelian on September 20, 2017, 08:03:47 AM

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 i agree on that.if there is no failure there is no success .i think we dont really have to be afraid of what would happen because anything happens for a reason .i think enduring in the big distress in business or maybe in any kinds o life situation may lead us to success because experiwnce is a great teacher. And learning leads to earning.

arbelian

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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 it is thats why we need to try trading for us to be able to experience the loosing and winning part that is called trial and error. Experience is the best teacher.

logicgate

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Quote from: webdevmastery on September 17, 2017, 01:29:30 PM

Losing huge amount of income will really give u a hard time but that is also the way to gain experience. Next time try to analyze the situation before jumping into conclusions, Try also to read about the potential of the coin before investing.

I think it is called as experience, if you have some good times, thanks to God for making it for you, learn from it. If you have bad times, don’t get panic, be patient and tell yourself to control. Right don’t have fear of losing, it is the part of game and you have to face it.

Oo ako to

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I won't be afraid of losing if the money that I lose is just a 5-10% of my wealth. But I'm not that rich so I will not deny that it causes me to panic and fear even if it is part of trading.

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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.

Losing is a normal part on trading. Because it's normal in crypto world that price drops. But an experienced trader limits there loss. This is when you learn when you'll stop on holding on that particular coin. We should never be afraid on making mistakes. Because every successful person gone through worst mistakes before they became successful. Let mistakes become your advantage. Learn from it.

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It is a part of trading that losing money is the main part of trading,
if we trade than we have to be ready to loose.

I lost a lots now by the way

electronicash

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you won't be losing money if you trade in a safer tide. its always going to be the right coin/token and the right time.
if you just trade the ones that will constantly rise like btc, monero and eth, there won't be a loss but you will also be losing opportunities along with the tokens with potentials.

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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.

My advice is to deal with money you can lose, be careful in putting money do not give your money without knowing the background, avoid the HYIP program

GeniusAko

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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 can say that fear is really a big factor in the trading world. Sometimes fear is the reason why we don't earn big amount of money. We should overcomd our fear of losing money.

Text

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If you already experienced of losing money in trading then all you have to do is to accept and move on, there's no other way because failure is part of anything. If we you want to continue what you have started then make the the right decision and look back the wrong moves so it will not happen again, experience is the best teacher so use the knowledge you have acquired.

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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.

Loosing is really part of every trading. Before we should start in trading in coins we should be ready to face the risks that we are about to encounter because cryptos are very volatile and no one can stop that. If you will only panic and cannot handle loosing money well you better stop trading because you will just feel depress and stressed. So better assess yourself first if you could take the risk in trading.

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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 that's true, even more so in trading you should be more able to control your emotions and do not easily panic, because in trading profit and loss is quite common thing.

bubblebit

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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 agree nor disagree. When we're referring experienced and losing as one it isn't. Experienced traders may loss once and twice but it is not great traders to loss thrice or the forth time and so on. I agree that losing is part of trading but it only pointing to new traders or a gambler who has no intentions to stressed them out in studying how trading works.

TitanGEL

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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.

That is true that it is normal to feel fear to lose our money in the trading. That's why I always making good decision before I will make a move. Trading is very risky and we need to create wise decision always.

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