you need to overcome your fear of losing money - page 68.

Kevin77

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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.

You mean to say only with the experience we can ignore losses ? I do not think so because in practical if a trader worries about future losses or already incurred losses then you will not able to concentrate on current trades.

As long as we are tension-free and having full mindset on technical analysis, we will get chances to sustain successfully in trading. Some people are quitting trading due to this reason as they are unable to manage it properly.

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Quote from: mkmdoc on December 07, 2016, 06:23:37 AM

To become an expert you may loose some money for sure, loosing means you will stuck at one price but trading is always risky firstly you need to understand that. Don't completely invest all your money into trading, invest only spare money into trading and gain profits with that money, you need to gamble your money tactically and gain profits.

I agree losing is one of the process of learning, even if you tried your best on learning things thru textbooks, you cannot avoid losing but it can be minimized by simply studying other peoples losing experiences. I also agree that you don't need a great amount to learn, so while you are starting try to minimize your investment until you fully have grasp on your venture then that is the time to let it all out.

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To become an expert you may loose some money for sure, loosing means you will stuck at one price but trading is always risky firstly you need to understand that. Don't completely invest all your money into trading, invest only spare money into trading and gain profits with that money, you need to gamble your money tactically and gain profits.

mace15

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Yes I agree with this statement. We need to take risks
before investing your money. We need to overcome this
fears of losing money, because once its succeeded,
youll reach your goal to take the risks. Once you overcome
your fear, you will accept the success.

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Quote from: n0ne on December 03, 2016, 03:35:05 PM

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.

Losing happens with all sort of trade, though you were experienced or have good knowledge about it. In my view one can be considered successful in trading when he has the ability to minimize loss or avoid loss even during times of hard financial crisis. With bitcoin it is very hard because price fluctuation occurs without any notification.

Its normal to lose specially in trading but you must overcome yor fear, time will pass by and you will win again what you had loss. As long as you keep on monitoring the trading graph and analyze the fluctuation movement because every couple of minutes there will be possible changes. So have courage in facing your challenges si that you can gain confidence with your decisions.

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Quote from: MWesterweele on December 06, 2016, 09:18:26 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.

Agreed loosing is part of all activities that we are incountering in our life if you don't taste the lose then we don't taste the successfull in life think that in even lose there are big chances of winning always take NO as your next opportunity.

And i think you can not be called successful if you do not experience to be lose.. we should experience in the first time to be lose it is just like other business that experience in the first time to be lose and until they reach the goal of success..

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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.

Agreed loosing is part of all activities that we are incountering in our life if you don't taste the lose then we don't taste the successfull in life think that in even lose there are big chances of winning always take NO as your next opportunity.

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Quote from: kidoseagle0312 on December 06, 2016, 02:35:56 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.

I agreed, in any businesses we really need to be a risk taker and I do believe that if you are a business minded person you/we are willing to lost our money , that's what I know about it.

Risk should be sorted. In a business you will not always face all the risk. What I mean here? Managed only those risk that really associated in a certain business.

E.g

Person A wants to do business, for let's say that business is really a long time goal and they really like it. Therefore they have knowledge of it including the possible risk that they will encounter. They made profits out of it for an long term.

Person B saw the business of Person A but he doesn't have some knowledge of it. Despite of it, since Person A really get a decent profits, Person B did the same but end up busted since he isn't prepared for the risk or even have a knowledge that rotating in a said business.

In here, Person B just added some risk in his business alongside with the obvious risk associated with the said business.

Herbert2020

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Quote from: kidoseagle0312 on December 06, 2016, 02:35:56 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.

I agreed, in any businesses we really need to be a risk taker and I do believe that if you are a business minded person you/we are willing to lost our money , that's what I know about it.

the thing that most new people don't understand is that it is not just about taking risks. it is about the kind of risks you take.
making a bet, investing in a HYIP and investing in an altcoin are all risks but they are 3 different types of risks. the risk that an investor takes is the last one and as long as you know what you are doing and you have a good plan for your investment, that risk is a wise risk to take. and that is what's making a business man successful.

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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.

I agreed, in any businesses we really need to be a risk taker and I do believe that if you are a business minded person you/we are willing to lost our money , that's what I know about it.

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Quote from: serjent05 on December 05, 2016, 11:47:09 AM

Quote from: Wowcoin on December 05, 2016, 03:09:03 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 believe in that losing is a part of successfully trading and anyone is not avoid for what happen. Some people they have fear to lost their money but i think everybody experienced that. So many learned a lesson but they taking tisk to earn money.

LOL no, how can you say you are successful if you lost a profit. Successful trading is booking a profit nothing else. If you lost you lost it is not a successful trade. Losing might be part of learning curves towards successful trading but it will never be a part of a successful trade.

I saw a trader saying it's normal to lose 60% of trades... The profit comes from only 40% of deals (if you are a good trader). It's a very hard activity, besides skills, must have a good intuition, too much risk involved.

Sometimes you can lose, but doesn't matter, it's a part of trading process. I believe even the successful traders have losses sometimes.

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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.

try to get coins through the bounties and you will no fear of losing it for you got these coins for the cheapest as possible. by doing so you may be able to try to dump and then buy back immediately when price drops. calculations is very important though, you wouldn't want to end up enjoying but also losing.

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Quote from: Wowcoin on December 05, 2016, 03:09:03 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 believe in that losing is a part of successfully trading and anyone is not avoid for what happen. Some people they have fear to lost their money but i think everybody experienced that. So many learned a lesson but they taking tisk to earn money.

LOL no, how can you say you are successful if you lost a profit. Successful trading is booking a profit nothing else. If you lost you lost it is not a successful trade. Losing might be part of learning curves towards successful trading but it will never be a part of a successful trade.

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Quote from: Idrisu on December 05, 2016, 06:14:39 AM

Quote from: 1Referee on December 05, 2016, 05:30:39 AM

Quote from: Mbokani on December 04, 2016, 05:04:13 PM

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.

how can you determine losing to be part of a successful trade.First learn the market and then start trading so that you wont lose your hard earned money.Never trade with your money without knowing the market and that is not how you gain experience.It is called stupidity

Even the most experienced traders lose on certain trades, but they are thriving on the years of experience. These traders are making a decent amount of profit with the majority of their correct trades, and thus build up some sort of a buffer where they can eat through losing trades without any problems. Exactly this is what seperates excellent traders from hobby and occasional traders. And yes, there are a lot people just buying at random prices without any thought behind their actions. These people will eventually learn by paying a very high price.

losses is part of trade, and we have to see this fact as true in our mind. Our saving grace should be a good and proper money management. Many trader got they entered capital wiped out because of this.

The main thing why most traders wipeout their money is because they jump in into trading without any proper knowledge this is the main thing because they believe that they could able to make money on easy way. We should really learn first and losses are part of the game on trading and we should treat it as an stepping stone.

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Yes, I agree with this because what we do in our everyday lives, we also do decision making. Live without taking the risk is boring, how would you know that she loves you if you would not tell her, right? Yes, maybe she would reject you but the point here is at least you have said it to her, because if you didn't you wouldn't know the answer and you would just keep on hoping that she likes you even though, she don't. It also goes the same here in bitcoin, doing some trading and other things here to earn bitcoin. We have to take the risk for us to know what is going to happen in every action that we will make.

Idrisu

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Quote from: 1Referee on December 05, 2016, 05:30:39 AM

Quote from: Mbokani on December 04, 2016, 05:04:13 PM

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.

how can you determine losing to be part of a successful trade.First learn the market and then start trading so that you wont lose your hard earned money.Never trade with your money without knowing the market and that is not how you gain experience.It is called stupidity

Even the most experienced traders lose on certain trades, but they are thriving on the years of experience. These traders are making a decent amount of profit with the majority of their correct trades, and thus build up some sort of a buffer where they can eat through losing trades without any problems. Exactly this is what seperates excellent traders from hobby and occasional traders. And yes, there are a lot people just buying at random prices without any thought behind their actions. These people will eventually learn by paying a very high price.

losses is part of trade, and we have to see this fact as true in our mind. Our saving grace should be a good and proper money management. Many trader got they entered capital wiped out because of this.

s1ng

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It's easy to say but difficult to act especially when I facing major loss for example
The fun fact is after I decide to stop , I kindda miss my trading experience so sometimes I decide to trade again although I've loss many time

1Referee

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Quote from: Mbokani on December 04, 2016, 05:04:13 PM

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.

how can you determine losing to be part of a successful trade.First learn the market and then start trading so that you wont lose your hard earned money.Never trade with your money without knowing the market and that is not how you gain experience.It is called stupidity

Even the most experienced traders lose on certain trades, but they are thriving on the years of experience. These traders are making a decent amount of profit with the majority of their correct trades, and thus build up some sort of a buffer where they can eat through losing trades without any problems. Exactly this is what seperates excellent traders from hobby and occasional traders. And yes, there are a lot people just buying at random prices without any thought behind their actions. These people will eventually learn by paying a very high price.

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Quote from: Wowcoin on December 05, 2016, 03:09:03 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 believe in that losing is a part of successfully trading and anyone is not avoid for what happen. Some people they have fear to lost their money but i think everybody experienced that. So many learned a lesson but they taking tisk to earn money.

I do believe the same thing too on which mistakes and loss are part on the learning process specially on doing tradingand we cant really avoid it because of the unpredictable price but we should learned on all the mistakes weve made so that in the next trade we could able to avoid that. Overcoming your fear isnt easy at all because we do value our money and we are afraid to lose it.

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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 i believe in that losing is a part of successfully trading and anyone is not avoid for what happen. Some people they have fear to lost their money but i think everybody experienced that. So many learned a lesson but they taking tisk to earn money.

Topic: you need to overcome your fear of losing money - page 68. (Read 52926 times)