Topic: your mentality after a huge loss? - page 12. (Read 3873 times)
If I suffer huge lose after trading, I will be out for a week or month not to see the trading site. I'll make my mind to be relax or chill with family and friends. If I have a money I will do trading again and take the risk but for now never do it my mistake again, lesson learned, move on and never put regrets and your mind. Happy trading to all!
To be honest, anyone who loses will be depressed. But if we have a determination to trade, of course we already understand well will happen like this and maybe there is no word surrender in trade affairs. If i suffer losses, what i do is to strengthen my mental and renew my plan to trade again and i must make a wise choice to avoid the same thing a second time. Because i myself have suffered losses almost three times, this is because i was too panicked when i saw the price fluctuated. It would be nice if the sword really bear the Bullish and Bearish conditions in order to perform a good action.
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?
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?
Thats kinda frustrating and depressing but that really happens...i will keep on trading if i still have spare money to invest and try my luck again.. But to avoid big loss read first the potential of the coin what you want to buy and hold.
Continue to work and not check prices so much and calm down for now
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?
Experiencing huge loss in trading, investing or gambling is a phenomenon that really hard to handle and recover. The feeling of regret on your losses might eat you up and might ruined your confidence. When I suffer a huge loss, the first thing I did is I entertain myself to forget my losses. I also rest for a while until I accept everything that happen. I also evaluate my move and my strategies I used why I fall into losses. After evaluating my action, I right down the next strategy I might use so it will not happen again. I do not even think to stop because I believe that the next trading, investing or gambling is a different story. I also orient myself on the saying that Quitters never win so I must not quit to be able to win. 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?
Now we have a market crash and most of us made loss during this price dump. I don't know what to do. I'm so upset but I try to stay high against my loss to recover it in next days.
I will accept the risks, because it is already commonplace in the world of trade. Every trader ever or will experience a loss and even bankrupt. The mental affairs are definitely down, that's when we need more senior people for advice and support. if not through failure, where will we learn?
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?
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?
After a huge loss, I usually compose myself and strategize the next move that I need to do in order to avoid failure. The thing is, we have to stand up whenever we encounter loss, and the most important thing is learn from your mistakes and be more smart, so that the same mistake will never be repeated again.
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?
Experiencing huge loss in trading, investing or gambling is a phenomenon that really hard to handle and recover. The feeling of regret on your losses might eat you up and might ruined your confidence. When I suffer a huge loss, the first thing I did is I entertain myself to forget my losses. I also rest for a while until I accept everything that happen. I also evaluate my move and my strategies I used why I fall into losses. After evaluating my action, I right down the next strategy I might use so it will not happen again. I do not even think to stop because I believe that the next trading, investing or gambling is a different story. I also orient myself on the saying that Quitters never win so I must not quit to be able to win. 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?
Since i didn't put all my savings in Cryptocurrencies i don't get in a bad mood if prices drop. I just HODL and and wait for things to turn. And if it's gone it's gone - so be it. Lesson learned.
I think that you have a huge loss if you panic sell or invest in some scam coins.
If you don't sell, then you are not in loss. You just need to:
1) turn off the computer
2) take a cup of coffee
3) enjoy your day
4) Check blockfolio again tomorrow
5) IF the situation is bad again, start with step 1 again.
If you don't sell, then you are not in loss. You just need to:
1) turn off the computer
2) take a cup of coffee
3) enjoy your day
4) Check blockfolio again tomorrow
5) IF the situation is bad again, start with step 1 again.
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?
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?
When people do suffer from big losses they do blame others or blame themselves then stop from pursuing their goals. But it is the negative way of taking the impact of losses. Take it in a positive way and make it a motivation to move forward to continue pursue your goal after a huge loss. After having a huge loss in your past investment but then you still have enough money to invest again, then go take the risk again and continue your goal. Don't switch to the other way just because you loss. Make it as a challenge. Do it again until your investment succeeded.
After a huge loss, what usually happen is: I will become sober and think of what I should, could, would have done that I didn't do. Next, the reality of the loss set in and may probably become depressed. Then I will try to dust myself and remember the profit have made in the past and that usually give me hope that I could make profit in the future!
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 will never give up and stop trading, it hurts when get huge loss but it is normal, everything must be have a risk, and loss will make me learn more so I will not experience the same thing again.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?
there is no loss, there is only HODL.
Those words made me smile first. Very deep if you ask me. It appears to be a line but it is a whole story. Some people are carried away with failure only that they don’t realize it is not going to last forever. Time changes and so will the situation. If today was the day of loss, tomorrow will be definitely the day of profit. Therefore, one must not give up and hold on. That is why patience is given a great importance.
It has already happened before when all was red and it usually doesn't last for more then a day or two. So no need to panic just HODL or buy more Coins as now is great opportunity for buying BTC and also ALT'S there is no loss, there is only HODL.
Those words made me smile first. Very deep if you ask me. It appears to be a line but it is a whole story. Some people are carried away with failure only that they don’t realize it is not going to last forever. Time changes and so will the situation. If today was the day of loss, tomorrow will be definitely the day of profit. Therefore, one must not give up and hold on. That is why patience is given a great importance.
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 am a person who is easily scared and traumatized, I think if I suffer a loss then I do not have to repeat it again I better find another way or work that will benefit me. 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?
there is no loss, there is only HODL.
Those words made me smile first. Very deep if you ask me. It appears to be a line but it is a whole story. Some people are carried away with failure only that they don’t realize it is not going to last forever. Time changes and so will the situation. If today was the day of loss, tomorrow will be definitely the day of profit. Therefore, one must not give up and hold on. That is why patience is given a great importance.
I have stopped watching the charts when BTC goes up or down! It gives me a panic attack everytime.
I watch BTC charts and get back to my holdings (Blockfolio and Cryptocompare) only when the market settles. Don't want to be part of weak hands and display FUD as in the past.
I watch BTC charts and get back to my holdings (Blockfolio and Cryptocompare) only when the market settles. Don't want to be part of weak hands and display FUD as in the past.
Glad I already controled my panic attack or nervousness. When I am new to trading, it really affects me after having a big loss. But now I m used to it already, I can still manage to smile after a big price dump. I am just silent if I have losses and hoping the market will recover soon.
I have stopped watching the charts when BTC goes up or down! It gives me a panic attack everytime.
I watch BTC charts and get back to my holdings (Blockfolio and Cryptocompare) only when the market settles. Don't want to be part of weak hands and display FUD as in the past.
I watch BTC charts and get back to my holdings (Blockfolio and Cryptocompare) only when the market settles. Don't want to be part of weak hands and display FUD as in the past.
Stop for a while and think about my mistakes, study the market and go back to trading.
This is very wise decision because when we have huge loss, our mentality is loss.
Learn from mistake and dont fall to the same hole.
Stop a while and take refreshing, going some where that you feel good place to throw all of your mind about loss then back to trading with fresh mind and like new.
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