you need to overcome your fear of losing money - page 47.

Fredomago

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Quote from: Gaaara on March 24, 2017, 11:22:39 AM

Quote from: micher143 on March 23, 2017, 09:50:50 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.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

Yeah but you know people who fears losing has the higher chance of winning, if people fear losing their money then they won't invest if the chance of winning is lower than the chance of losing, I guess people only lose to learn but you should never start to see loss as normal. I think the term "Never let greed eats you." Fits for the investors better.

nice thoughts mate, its always needed for us to think wiser when in terms of investment, overcoming your fears and allowing your big nerved to try things that will also let you earn big if your timing was perfect are also needed to think about, fear and risk are holding us to succeed so better to assess how far can we go to achieve.

Gaaara

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Quote from: micher143 on March 23, 2017, 09:50:50 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.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

Yeah but you know people who fears losing has the higher chance of winning, if people fear losing their money then they won't invest if the chance of winning is lower than the chance of losing, I guess people only lose to learn but you should never start to see loss as normal. I think the term "Never let greed eats you." Fits for the investors better.

djordjamayna

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I must admit it. Every loss I was making in the past made me feel something like the aura of the money and it helped me to realize how important they are and I managed to recover my mistakes. Now I am winning really good from sport betting

micher143

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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.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

emezh10

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Quote from: KennyR on March 23, 2017, 04:08:09 AM

Quote from: zidanw on March 23, 2017, 12:59:18 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.

all traders not always earn profits even professional trader can experiencing lose but you have to learn from losing it can give you a little hint to be better than the last

Losing gives a learning to avoid it in the future. With bitcoin one need to be very careful on making trades because price variation happens in respect to time interval. Also trading with bitcoin the loss can be minimized if he can have patience, because the price surely grows even if it has dropped.

I agree. Loosing is a part of a game. When you win ofcourse you lose too. Many people are afraid of loosing and end up just stocking their money. They do not have any income because of their strategy. They do not want to lose and ofcourse they distance themselves from winning income. People who are involve or part of bitcoin community must overcome the fear of loosing because that was bitcoin matters. Sometimes you lose and sometimes you win. You need to be intelligent and more strategic.

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Quote from: zidanw on March 23, 2017, 12:59:18 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.

all traders not always earn profits even professional trader can experiencing lose but you have to learn from losing it can give you a little hint to be better than the last

Losing gives a learning to avoid it in the future. With bitcoin one need to be very careful on making trades because price variation happens in respect to time interval. Also trading with bitcoin the loss can be minimized if he can have patience, because the price surely grows even if it has dropped.

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Quote from: ethereumhunter on March 23, 2017, 01:45:08 AM

Quote from: thunderbitz2717 on March 23, 2017, 12:49:44 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.

Agreed, I do believed that there is no traders became successful in trading that would say" Being a successful trader is very, very easy to achieved" that's not true before they achieved it its been so many times they faced fear of losing money until they overcome their fears and become successful now.

but sometimes we don't realize about this and sometimes we can not take this as our important lesson so we don't do it again in future. i am sure that many of us have been in this situation and we loss much of money for doing trading but if we can thinking that this was from our mistake and we want to fixed it, then i am sure that we don't make the same mistake.

I'm pretty about that because we are not perfect, we all start as beginners and as a beginner we tend to make mistakes. If we will stop then we will not gonna lose again but if we are strong we will be able to surpass the trials and keep learning while we go on with our journey.
The fear of losing is normal but you have to conquer that to be a certified trader, all you need is to control your emotion and focus on your technique.

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Quote from: thunderbitz2717 on March 23, 2017, 12:49:44 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.

Agreed, I do believed that there is no traders became successful in trading that would say" Being a successful trader is very, very easy to achieved" that's not true before they achieved it its been so many times they faced fear of losing money until they overcome their fears and become successful now.

but sometimes we don't realize about this and sometimes we can not take this as our important lesson so we don't do it again in future. i am sure that many of us have been in this situation and we loss much of money for doing trading but if we can thinking that this was from our mistake and we want to fixed it, then i am sure that we don't make the same mistake.

Reid

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Quote from: zidanw on March 23, 2017, 12:59:18 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.

all traders not always earn profits even professional trader can experiencing lose but you have to learn from losing it can give you a little hint to be better than the last

In short it is called experience.
The feeling of losing makes you stronger the next time and also make you more wiser.
Now you will be making decision that would rely to the information that you will get first.
Without information you wont be risking anything or try to make a trade with an altcoin that you have never even read what it is all about.
With that, losing chances will be very low and you can take it the lost again because it already happened to you.

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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.

all traders not always earn profits even professional trader can experiencing lose but you have to learn from losing it can give you a little hint to be better than the last

thunderbitz2717

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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.

Agreed, I do believed that there is no traders became successful in trading that would say" Being a successful trader is very, very easy to achieved" that's not true before they achieved it its been so many times they faced fear of losing money until they overcome their fears and become successful now.

Vivace92

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Quote from: catfishftw on March 18, 2017, 05:30:08 PM

If we overcomed that fear we will lose our money, fear is a big force that stops you when you gamble.. Just remember that every single emotion is important

How to overcome fear is to do what we fear. If we are afraid of losing, so if often lose then we no longer fear losing. Remember, all we do there is a risk that we must be vigilant and much to learn.

Supercrypt

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Quote from: richardsNY on March 19, 2017, 07:46:21 PM

Quote from: stolendata on March 19, 2017, 05:59:31 PM

Quote from: catfishftw on March 18, 2017, 05:30:08 PM

If we overcomed that fear we will lose our money, fear is a big force that stops you when you gamble.. Just remember that every single emotion is important

if you will overcome your fear then you will decrease the chance of your losing money in trading, because you will become more confident and will able to give full attention to your trading.

Fear comes also from people using money they can't afford to invest. Your only priority will be to don't suffer any losses, but it's well known that Bitcoin experiences a serious level of volatility from time to time. People get excited when the price moves in an upward direction, but as soon as they notice the price happens to go down, they mostly sell to prevent themselves from losing more. These people however don't realize that they are [1] gambling with money they can't afford to lose, and [2] you only lose lose when you sell. As long as you aren't selling, you won't lose anything.

It take money to make money, probably you heard this like a million times but doing is actually really hard when you don’t have a lot of cash and you’ re not sure what you’ re doing, and what makes it hard is that you see people saying that they spend hundreds of dollars and with no results, but remember that your brain doesn’t want to get concerned or feel unconfutable putting money to risk so I takes a lot of power to overcome it, and remind yourself with the prize and the purpose behind risking it.

richardsNY

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Quote from: stolendata on March 19, 2017, 05:59:31 PM

Quote from: catfishftw on March 18, 2017, 05:30:08 PM

If we overcomed that fear we will lose our money, fear is a big force that stops you when you gamble.. Just remember that every single emotion is important

if you will overcome your fear then you will decrease the chance of your losing money in trading, because you will become more confident and will able to give full attention to your trading.

Fear comes also from people using money they can't afford to invest. Your only priority will be to don't suffer any losses, but it's well known that Bitcoin experiences a serious level of volatility from time to time. People get excited when the price moves in an upward direction, but as soon as they notice the price happens to go down, they mostly sell to prevent themselves from losing more. These people however don't realize that they are [1] gambling with money they can't afford to lose, and [2] you only lose lose when you sell. As long as you aren't selling, you won't lose anything.

loposki

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Rule no.1 in responsible trading and/or gambling: Always use only what you can afford to lose.
2. Dont get greedy. Any win is a win.

There will always be losses, but they can be minimized with proper research and analysis.

numismatist

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Quote from: stolendata on March 19, 2017, 05:59:31 PM

Quote from: catfishftw on March 18, 2017, 05:30:08 PM

If we overcomed that fear we will lose our money, fear is a big force that stops you when you gamble.. Just remember that every single emotion is important

if you will overcome your fear then you will decrease the chance of your losing money in trading, because you will become more confident and will able to give full attention to your trading.

Lethargy has proven to be my secret weapon. Neither emotion, nor confidence, and not fear has lead to any genius trade decision. Just buying, watching, occasionally selling.

stolendata

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Quote from: catfishftw on March 18, 2017, 05:30:08 PM

If we overcomed that fear we will lose our money, fear is a big force that stops you when you gamble.. Just remember that every single emotion is important

if you will overcome your fear then you will decrease the chance of your losing money in trading, because you will become more confident and will able to give full attention to your trading.

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Quote from: upsidedown75 on March 17, 2017, 12:51:57 PM

Quote from: olubams on March 16, 2017, 05:27:24 PM

There is no way there won't be that fear when the money is not cheap or given especaully when its funds generated as a result of hard work there will definitely be the fear what matters is that one should not allow that fear becloud judgement thereby making judgements based on subjectivity instead of objectivity and also when the money is eventually lost one should just move on as fast as possible...

And the fear should actually be there also, like you said hard earned money always feels and moreover if we don't just have the fear of loosing we would never be able to sell altcoins at their peak value since we wont worry at all and the best time would just pass out and hence selling at the dump.

Fear is something that we MUST have while that fear should not make us panic at all.

Overcoming fear is a part of making us stronger and when it comes to investing fear is understandable, because it involves risk, and if we keep being afraid of investing we will never be able of earn anything, you may not know it but you are already risking your money using bitcoin, so invest in things you are sure that want cause you to lose a lot of money and then you won’t be afraid.

Kasabus

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Quote from: catfishftw on March 18, 2017, 05:30:08 PM

If we overcomed that fear we will lose our money, fear is a big force that stops you when you gamble.. Just remember that every single emotion is important

You gamble in trading because you know you had a better chance and if you keep learning from your mistakes, overtime you will be able to master trading. The fear is normal but you have a bigger fear if you are not so confident with what you are doing and you can build that confidence if you are trading relying in your knowledge, trading is not gambling so probably you have a bigger chance to succeed than in gambling.

Rude Boy

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losing is part of winning. Nobody wins all, and any trader with a win-loss ratio over chance (50%) is usually doing well because the average losing option trades lose much less than the average winner. For example, if average losers have an 8% loss and the average winner gains 18%, multiply that average margin difference (in this case, 10%) by the number of contracts traded over time and that is what it’s all about. It’s not about hitting home runs, but hitting for average.

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