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Topic: you need to overcome your fear of losing money - page 54. (Read 52932 times)

sr. member
Activity: 546
Merit: 255
I totally agree with your thinking.
At the beginning I used to worry a lot.
Also people used to tell that you learn from your mistakes
But I used to ignore them , I used to think that they are just telling for the sake of telling.
But later on after my own experiences I realised they were right.
If you are confident enough you will have profits more and less losses.
Like risking is not always a bad option. Once you have a firm grip in such things you have get scammed once in 100 risks that you take.
So I would suggest just go for it
sr. member
Activity: 546
Merit: 250
We all know that failure is the pillar of success. So if we loss money, we should not be afraid of doing it further. We can overcome the fear by practicing and gathering more and more knowledge.

It's normal for a trader to loss some money on trading, gaining is not always be there on your side there's a time you will experience some flops side. In short you really need to risk for you to gain, without guts on trading will make you a failure. And yes learning more about trading will make you avoid such mistakes.   
full member
Activity: 128
Merit: 100
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We all know that failure is the pillar of success. So if we loss money, we should not be afraid of doing it further. We can overcome the fear by practicing and gathering more and more knowledge.
sr. member
Activity: 658
Merit: 251
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Actually loosing is an humongous part of trading and can't be ignored. People learn trading in fact from their losses and past experiences and if we ignore our loss and don't fear the loss it then either we have unlimited bankroll or we might bust very soon because careless trading is rather worst than gambling in fact.
In simply, losing is a normal thing in our life and in trading. If we will just embrace our losses and learn to move forward always in whatever we do then eventually we will be successful. Trading is just one of those that we need to fail sometimes or most of the time before we can go to the altitude of success.
 
Losing more isn't good in trading. If you are a newbie, it's ok to lose in trading. However, if you are long in trading, you shouldn't let yourself to lose more in your trade than you earn in your trade. We shouldn't embrace losses, but wins. We must not just considered our mistake by taking it for just a practicc, it is a matter of money, and every single trading is important.
That is true if you always experiencing loss, then stop doing trading or worst you might lose all you have, because trading is just like gambling, the more you lose the more is your eagerness to get your money back but can lead to losing all. There are other ways to earn if you cannot do trading then find other ways.

Trading is completely different scenario it is not comparable with gambling because many be he is not doing his part correctly by choosing the right one to make profit. Even after loosing some money through trading he should get some experience about finding which one will give good profit and which one is not. So if he is not perfect in trading than better stop trading.
hero member
Activity: 2912
Merit: 541
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You cannot win all the trades you effectuate that is true, but every trade you made needs to be with the intention of making money and if you don't profit from it then that is when a bigger analysis needs to come forward to try to get why you failed.

especially from today condition which the altcoin is not make fast movement, the chance for us to losing money is big but if we can make good analysis from the coins trend, i think we can take a profit but its not much than if the coins is getting pump but its still profit for us. so its true that we need to overcome our fear of losing money and i really agree with this.
legendary
Activity: 2716
Merit: 1383
You cannot win all the trades you effectuate that is true, but every trade you made needs to be with the intention of making money and if you don't profit from it then that is when a bigger analysis needs to come forward to try to get why you failed.
hero member
Activity: 1022
Merit: 500
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
We are in the world of Trading Industry, meaning we must expect while we are doing trade in the exchange platform that sometimes we will experience of losing money. Since we cannot avoid it, I think the best we can do for it is we must minimize our loss and minimize also our investment every time we do trade.
Aside from that we should also be careful with what exchange we are transacting to and it is really important how much you are willing to lose if ever so it really won't hurt a lot if you lose some since it is part of trading that you cannot always gain all the time so it is really important to be careful with the amount you are investing.
Truly correct, in addition to your advice or opinion sometimes there are traders who became neglectful for what they do in the trading platform, so therefore losing of money comes to them for the unexpected moment which lead them to be hurt so badly because of carelessness.
legendary
Activity: 1232
Merit: 1091
To my mind fear of losing is normal in this situation because without fare we won't care but of course when you are trading it's neccessery to psychologically analyze that every step has it's risk of loosing, so when you fear of lost, than you are trying your maximum to win. "If you treat losing as part of trading then you are an experienced trader." this is great proposal which I can't deny dispite my opinion.

It's true, the fear is a defensive mechanism we have inside ourselves that make us stay away from risk actions and activities, better to fear and don't lose money than don't fear and lose money. The balance is what everyone must reach.
If we reach to the balance there is no bad times in our life, you will have total control over your mind, financially and emotionally. I don't agree that lose fear is always a good thing.

Easy to say, but for a lot people it's difficult to have total control when money is involved. What helps is that people should only make use of money for investment purposes if they know they don't rely on it. It's a sad reality that there are people that put their savings at risk where they use it to invest in Bitcoin. These are mostly the people that end up selling in panic to prevent further losses at the time there is a dump happening. It's a very expensive lesson for them.
hero member
Activity: 2044
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To my mind fear of losing is normal in this situation because without fare we won't care but of course when you are trading it's neccessery to psychologically analyze that every step has it's risk of loosing, so when you fear of lost, than you are trying your maximum to win. "If you treat losing as part of trading then you are an experienced trader." this is great proposal which I can't deny dispite my opinion.

It's true, the fear is a defensive mechanism we have inside ourselves that make us stay away from risk actions and activities, better to fear and don't lose money than don't fear and lose money. The balance is what everyone must reach.
If we reach to the balance there is no bad times in our life, you will have total control over your mind, financially and emotionally. I don't agree that lose fear is always a good thing.
hero member
Activity: 2352
Merit: 905
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To my mind fear of losing is normal in this situation because without fare we won't care but of course when you are trading it's neccessery to psychologically analyze that every step has it's risk of loosing, so when you fear of lost, than you are trying your maximum to win. "If you treat losing as part of trading then you are an experienced trader." this is great proposal which I can't deny dispite my opinion.
legendary
Activity: 1288
Merit: 1036
In investing, whether you like or not, you can lose or you can earn money. Just like your fear, we must all face our fear, we must fight it. We all know that  fear sometimes lead us to lose some of the chances. Like in trading, sometime, we must gamble our money to earn.
Sorry, I dissagree with you. I think the right trader is not do their job such as gambling. Lose money in trading is normal we have to know when we have to stop lose. Trading could be the best source of bitcoin but it still have risk.

i agree with you, the trader will use analysis before they do trade and only make a buy that have a chance to make profit. its true that sometimes we need to control our fear of losing money and we should do this otherwise, we can not increase our skills in trading.
I agree with you but loss is a essential part of trading and we have to trade within limits. If we don't think about our losses and keep on trading without any proper analysis then we would end up with nothing. Loss is what we have to minimize while trading and if we ignore that, no income is possible.
full member
Activity: 381
Merit: 101
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Fear of everything is just a normal nature of a human being. Like in business, investment is involve unto it, since we are here in bitcoin world, we are afraid to our investment. Especially if you are doing trade in the exchange sites were getting worried if the value fluctuates at the price we invested it, But we should never forget as you have said that it is only a part of a traders success that true. I agreed to that,
legendary
Activity: 2800
Merit: 2736
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Actually loosing is an humongous part of trading and can't be ignored. People learn trading in fact from their losses and past experiences and if we ignore our loss and don't fear the loss it then either we have unlimited bankroll or we might bust very soon because careless trading is rather worst than gambling in fact.
In simply, losing is a normal thing in our life and in trading. If we will just embrace our losses and learn to move forward always in whatever we do then eventually we will be successful. Trading is just one of those that we need to fail sometimes or most of the time before we can go to the altitude of success.
 
We should understand that failure is the basic building blocks to being successful and losing is part of that journey . The sooner we accept this we would have over come the fear and see good trading results.
legendary
Activity: 3514
Merit: 1280
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Once you engage or involve yourself in business industry whether it is advertising, micro finance, traditional, franchising, or online business we must put in our mind as a business minded person that losing money is not just a part of the business but a part of the body nature of our business. Meaning, any fears, and emotions has no longer space in the business.
yes before starting a business one must keep it in mind that both the possibilities of earning and loosing money are there. he must accept the reality that one can make money in gambling but can also lose his one money there, and only then he can overcome the fear of losing money, and will do trade in a better way.
Actually while trading we have to be on our toes mostly being active and worried is better in trading. How ?

Actually let us consider an example where we buy alt coins and during the pump we are too relaxed to sell and them dump comes, this would lead to loss everytime while if we have fear in mind that dump is coming, then we will make a wise sell at its peak

In reality, this is unlikely to happen

It is unlikely that you will be able to sell at the peak. You will either sell too late (read not sell at all) or too early, and then you will be watching the price grow and calculate with disappointment how much you could have earned if you didn't sell. Other than that, while it is certainly better to have some amount of fear present when the price goes down, it is not fear that is at play when the price goes up. It is greed that affects when and at which price you are going to book profits (or not book them, for that matter). These emotions basically cancel each other
legendary
Activity: 1512
Merit: 1041
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Once you engage or involve yourself in business industry whether it is advertising, micro finance, traditional, franchising, or online business we must put in our mind as a business minded person that losing money is not just a part of the business but a part of the body nature of our business. Meaning, any fears, and emotions has no longer space in the business.
yes before starting a business one must keep it in mind that both the possibilities of earning and loosing money are there. he must accept the reality that one can make money in gambling but can also lose his one money there, and only then he can overcome the fear of losing money, and will do trade in a better way.
Actually while trading we have to be on our toes mostly being active and worried is better in trading. How ?

Actually let us consider an example where we buy alt coins and during the pump we are too relaxed to sell and them dump comes, this would lead to loss everytime while if we have fear in mind that dump is coming, then we will make a wise sell at its peak.
hero member
Activity: 952
Merit: 515
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Actually loosing is an humongous part of trading and can't be ignored. People learn trading in fact from their losses and past experiences and if we ignore our loss and don't fear the loss it then either we have unlimited bankroll or we might bust very soon because careless trading is rather worst than gambling in fact.
In simply, losing is a normal thing in our life and in trading. If we will just embrace our losses and learn to move forward always in whatever we do then eventually we will be successful. Trading is just one of those that we need to fail sometimes or most of the time before we can go to the altitude of success.
 
Losing more isn't good in trading. If you are a newbie, it's ok to lose in trading. However, if you are long in trading, you shouldn't let yourself to lose more in your trade than you earn in your trade. We shouldn't embrace losses, but wins. We must not just considered our mistake by taking it for just a practicc, it is a matter of money, and every single trading is important.
That is true if you always experiencing loss, then stop doing trading or worst you might lose all you have, because trading is just like gambling, the more you lose the more is your eagerness to get your money back but can lead to losing all. There are other ways to earn if you cannot do trading then find other ways.
sr. member
Activity: 308
Merit: 250
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sr. member
Activity: 910
Merit: 261
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Actually loosing is an humongous part of trading and can't be ignored. People learn trading in fact from their losses and past experiences and if we ignore our loss and don't fear the loss it then either we have unlimited bankroll or we might bust very soon because careless trading is rather worst than gambling in fact.
In simply, losing is a normal thing in our life and in trading. If we will just embrace our losses and learn to move forward always in whatever we do then eventually we will be successful. Trading is just one of those that we need to fail sometimes or most of the time before we can go to the altitude of success.
 
Losing more isn't good in trading. If you are a newbie, it's ok to lose in trading. However, if you are long in trading, you shouldn't let yourself to lose more in your trade than you earn in your trade. We shouldn't embrace losses, but wins. We must not just considered our mistake by taking it for just a practicc, it is a matter of money, and every single trading is important.
hero member
Activity: 1190
Merit: 511
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Actually loosing is an humongous part of trading and can't be ignored. People learn trading in fact from their losses and past experiences and if we ignore our loss and don't fear the loss it then either we have unlimited bankroll or we might bust very soon because careless trading is rather worst than gambling in fact.
In simply, losing is a normal thing in our life and in trading. If we will just embrace our losses and learn to move forward always in whatever we do then eventually we will be successful. Trading is just one of those that we need to fail sometimes or most of the time before we can go to the altitude of success.
 
legendary
Activity: 1232
Merit: 1029
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Actually loosing is an humongous part of trading and can't be ignored. People learn trading in fact from their losses and past experiences and if we ignore our loss and don't fear the loss it then either we have unlimited bankroll or we might bust very soon because careless trading is rather worst than gambling in fact.
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