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Topic: your mentality after a huge loss? - page 10. (Read 3821 times)

full member
Activity: 427
Merit: 100
January 23, 2018, 12:53:19 AM
I had some huge losses in past. What I did was take a break from trading, go on a mini vacation. While on vacation I would not think about the loss, rather I had think about why I had the loss and what steps to place in so that I don't repeat the mistake. Come back strong from it, start slow trades, make back the losses and continue doing the right trades.
full member
Activity: 224
Merit: 100
January 23, 2018, 12:42:23 AM
We will accept the fact that once you join trading your taking the risk on it so either earn or loss,whatever happen dont give up and learn more things about it and try to trade again.Even if you feel hopeless because you loss a huge amount of money never give up.
hero member
Activity: 2926
Merit: 636
January 23, 2018, 12:26:40 AM
i made huge mistakes when i started i got loss of almost 75% of my holdings and start revenge trading and lost another 10% then i learned the hard way if u r losing then something is wrong with ur trading strategy calm down and try to understand problem and then start slowly again
Losing when you are still a newbie is normal as we are not good yet in trading.
Think of your loses as an experience where you have to learn from your mistakes and improve your strategy, if you really aim
to succeed you have to believe in yourself and it's not an instant, it's a long term so keep improving to achieve consistency.
jr. member
Activity: 76
Merit: 1
January 22, 2018, 09:56:19 PM
i made huge mistakes when i started i got loss of almost 75% of my holdings and start revenge trading and lost another 10% then i learned the hard way if u r losing then something is wrong with ur trading strategy calm down and try to understand problem and then start slowly again
newbie
Activity: 93
Merit: 0
January 22, 2018, 09:51:32 PM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
All I know ia try and try until you succeed. Well, if I experienced such things I will make my mistakes and failures as stepping stone and search for my own strategies.
full member
Activity: 364
Merit: 100
January 22, 2018, 09:44:20 PM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

I remember the day when I was a newbie in trading industry. I bought multiple coins because of the hype of the people on social media and promises that it will multiply my investments. After a week, I found out that the coins I bought were shitcoins. I was very depressed that time but I told myself that I won't give up and will try again. I learned from my mistakes. I did some research and studies about Bitcoin and other cryptocurrencies. Now, I'm still learning but I know now how to identify shit coins from quality coins.
Wow very well said. That should be the right mentality of a trader all the time because the truth is trading is really risky and we cannot predict which coins are the best even bitcoin. Personally, i never imagine that bitcoin will go down dip as what we experienced lately. In trading if you don't have the courage to fight with loss then definitely you will ended up a loser.
member
Activity: 252
Merit: 17
January 22, 2018, 09:24:32 PM
In my experience my mentality after a huge loss is I need to comeback with a giant win. Well it is normal in the life of a crypto currency, here there are no win win situation not all the time we can have a bunch of money. Bad times, bad days, bad decision will always come to us, but we must accept those mistakes we did. What we need to do is make this negative situation as a motivation for us to do more, work harder and learn more. Let us always learn from our mistakes because those mistakes will make us a better person in future.
full member
Activity: 336
Merit: 100
January 22, 2018, 03:08:30 PM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Of course I try to recover my loses.Because i think lose is always involved in trading.So why i am upset for this reason.I try to build my future with trading loses and profits.So I think, Everybody keep patience and spend more time on trading.
member
Activity: 112
Merit: 10
https://goo.gl/ePsALC
January 22, 2018, 02:50:23 PM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?





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member
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
January 22, 2018, 05:41:36 AM
Review your self, put a question: WHY??? If you can answer, note your mistake to remember and avoid do the samething later  Grin
full member
Activity: 462
Merit: 100
January 22, 2018, 05:40:28 AM
My mentality during loss trade is the same during profitable trade. The trading mentality I carry all the time is to maximize profit and minimize loss. I when the tide of loss rush in, I try to curtail it, learn from it and trade better in the future.
full member
Activity: 390
Merit: 100
January 22, 2018, 05:29:33 AM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
first, i will feel frustrated after a huge loss and i will stop trading for some time. I see to it that I learn something from my mistake and analyze what is wrong with my trade
copper member
Activity: 798
Merit: 3
January 22, 2018, 04:52:06 AM
Loss makes the person always in-happy. But, If the loss is in heavy amount the mental condition go in depression. So, always trade in cryptocurrency very cautiously because here the volatility is very high. Everyday the coin values are deepening more than 50% and more in the bear market. If, you are a long term trader then don't worry about these fluctuations because one day you must get your value if not in the terms of Bitcoin quantity rather in terms of dollar value you will get back your value.
member
Activity: 252
Merit: 12
January 22, 2018, 04:09:51 AM
It is given that we are not bound to win all the prize that we wanted, like in a trade like this. But whenever I loss, still try again.  Try and then try and then try again. Until I regain all that I lost with much more bonus. Not all people will do what I have done but its my own way of playing the trade of cryptocurrency. After so much losses I learned. Thats why I am not afraid. It is just a matter of never ending studies of trial and error until I finally got what I wanted to learn in this world of business.
member
Activity: 327
Merit: 11
January 22, 2018, 03:35:05 AM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Even if I have more money, I would not take the risk, unless it's a calculated one. I would just try to earn in some other way. I will start investing again only after the huge loss stopped ruminating in my mind.
full member
Activity: 602
Merit: 102
January 22, 2018, 03:31:20 AM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

Regarding the above subject matter, people would react to it differently most especially when it involves a huge loss. Some might even not trade again; some may henceforth try to play safe, while others may try to earn in some other ways.
But as for me, i would like to first of all identify the reason for the huge loss, afterwards, take out time to analyze the market properly before entering into it again.
hero member
Activity: 1218
Merit: 557
January 22, 2018, 03:13:56 AM
Of course mentality after a huge loss is to regain, and never stop after lossing because the time for you to take back all your losses is to do it again and this time is more smarter and more strategic ways on how to gain.

From past couple of days my portfolio is completely in red due to all coins which I have is being bleeding badly. But as already faced such time before so this is not new and I do expect it can happen anytime whenever market falls . So I overlook such things and just take precaution if I can sell some and buy other coins which has fallen more and has a upscale in coming time.
full member
Activity: 392
Merit: 100
January 22, 2018, 03:03:20 AM
after I failed in trading and got a loss of course I will be sad and disappointed with my decision but I will rise and stay to trade even with a small amount, I will make my failure as an experience and I learn from it
full member
Activity: 406
Merit: 100
January 22, 2018, 02:52:39 AM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
I've been experience it before but not here in Crypto trading, I experienced it when I was trading in stock exchange during my newbie days. I'm so very upset and dis appointed for my decision  where I lost big amount of my investment but I keep it as my learning experience and keep reminding my self not to commit same mistake again. and that experience really help a lot when I trading Crypto currency I ensure that probability of gain is always higher than risk when I trade in different coins.
member
Activity: 126
Merit: 10
January 22, 2018, 01:19:51 AM
If you cant accept your loss means that you have just lost too much money than what you cant afford to lose. This is the very first mistake, you should not start trading/gambling with all what you have. You should set your limit, this will help you to manage your mentality once you face a loss. If someone doing bad or getting in a bad situation because getting lost in trading then he/she must not have his limit.
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