your mentality after a huge loss? - page 16.

Duogembrot

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

mentally when I am experiencing huge losses I feel very depressed and I am confused how I return the money I use for capital to play bitcoin because it has been losing so much.

LordCarps

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If I were to look back to my experiences and check on how much I've lost in the past, I can truly see the difference. A positive and realistic outlook can truly change your trading behavior as you'd know what to expect if ever you did lose something. Best thing is to just move on and set everything aside

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white.raiden

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When I was a newbie in trading every time I have a hug loss I get very upset and just want to give up but then as the day goes by and as I learn how to trade I managed to overcome that. Now whenever I have failed trade I make it as a inspiration to do better again and of course in my next trade I make sure to make profit more than what I loss.

Quidat

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Quote from: CyNotes on January 07, 2018, 09:45:35 AM

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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 will blow my head and body after suffering losing money. I don't know what to do if my money will lose. I can't recover myself easily, I am getting crazy for thinking too much for the money lose. Maybe I will use this lose as my motivation to earn big money

Its normal for having those kind of reactions but i would tell you this if you do already losing out your temper and do things when on rage then better not to engage on such thing.If you are really serious then better learn how to control those emotions since loss in trading or any other investment is always there since theres only 2 results which is profits or loss thats why you better ready yourself on these kind of scenarios.

CyNotes

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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 will blow my head and body after suffering losing money. I don't know what to do if my money will lose. I can't recover myself easily, I am getting crazy for thinking too much for the money lose. Maybe I will use this lose as my motivation to earn big money

cryptojaani

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Quote from: btcholder on January 04, 2018, 10:54:11 AM

i think if have some patient you can avoid the huge loss. and patient is the one of the most important rules for trade. if you got huge loss don't panic just be patient and keep trading.

Well we can't deny the fact that after experiencing a huge loss we feel traumatic but then again it is not the reason to stop trading or investing or taking a risk. But we should be thankful with this failure because there is something that sink in our mind or a lesson that we learned from it. So if we try to invest again then we will be more careful and apply those learnings.

BTG-BTC

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At the beginning when I was losing money I was not feeling well, I was a little depressed, then I learned to emotionally detach myself from trading and that money and now it's better.

wantjokull

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

Never change your mind when you loose something up. I mean switching to different ways of earning money is not good thing when you loose at one. You should always have the stability or focus on one thing and this way you can earn the knowledge of right trades and right ways of earning money. If you focus on trading even after you loose the money then also you can keep trying it and then learn which way suits you more. Off course there are many ways using which you can work on the same trade. If you keep doing that then you will come to know about the right method that worked of you. There after you can use the same methodology to earn that grand success. Never loose the hopes really.

Zackgeno96

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

It is better to take a break if you are loosing the money continuously or else you might loose whatever money you have. Sometimes luck matters and if things are getting bad then we should stop before its getting worst. So it is advisable to stop playing, avoid the further risk and minimize the loss.

@Mhaiang

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

If i have a big amount of money then i should divide my earnings into two. The first half is for my own saving where i will buy a house and a car then the other half is for my investment in the crypto currency.

ridertiger

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I had a good amount of XRP, but it kept decreasing. So, I decided that I was sick of it, it did not increase for so many months, and it kept dropping while btc kept increasing. You know the rest. I sold all my XRP and converted to BTC which hit 20k first then dropped like crazy. It has been going sideways since. The XRP and ETH I sold increased 15 times and 2 times, respectively. What I did after this was turned off the computer and do nothing. I am not doing any buying and selling anymore, unless I need money or something.

Cryptophorus Columbus

newbie

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We all have to face with losses, and we need to be ready for this.
The real secret is to use "mindfulness": I mean, to complain about losses is completely useless, so the best way to react is to ask yourself two questions:
-What can I learn from this experience
-What can I do now

mayasari

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

what I will do when losing big, I will strive to restore back my capital with how to play back in the market or altcoin the other, and I will not stop trading

rickadone

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Quote from: luckycoinn on December 12, 2017, 11:57:30 AM

I will stop trading for a while to refresh my emotion and earning some for invest again and then try again.
Sometimes, we need to lose some to get more

Yes, at least that would calm down some nerves and then when you are done calming down, you may be lucky enough to see some pretty good trade doing the thing for you. The same way one would always make good profit from a trade is the same way one can end up having a huge loss, but they are just some part of trading that makes it normal.

Sum24

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Quote from: Fatunad on January 03, 2018, 03:52:30 PM

Quote from: golek upo on January 03, 2018, 03:23:01 PM

loss and profit is a natural thing for traders, I will keep trying although I have experienced failures and losses.

Good mentality which these loss are just normal here on trading world because we do know that market is really very unpredictable anytime which we dont even know on where it would go this is why we are really prone to commit mistakes but it doesnt mean that we would lose hope and stop once we do commit loss.I know its hard because emotions would really set in but these things are just temporary since we can able to avoid or lessen it next time as long we do make learnings on those mistakes.

Definitely it’s something bad when someone lose here but I think we need to play here carefully because it’s a money and it need full concentration if you will not check the price of bitcoin on daily base so it can give you lose it happen with one of my friend when he lose here tow month’s before because he have a lot of bitcoin and he sell all is bitcoins without going to check the price of bitcoin so he lose a lot of money then believe me he stop bitcoin for some time but that was not a mistake of bitcoin that was his own mistake.

Daimon88

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Quote from: spring07 on January 03, 2018, 12:29:59 PM

The time you make a loss is not the best time to take another try because emotion will definitely set in and if care is not taken, you might end up in another string of losses.
What i will recommend is for you to take a deep breadth, stay away. Restrategize and then try again later.
Hopefully with a better strategy. Always learn from your past experiences.

This is a natural phenomenon that each and every one of us do feel upset at the time of loss as there is no one who feels good at the time when he loses his very own money. At that time, it is really very difficult to take control over yourself but if you will not take control over yourself and you will not learn from the mistakes which you made in the past, you will never be able to recover that loss.

btcholder

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i think if have some patient you can avoid the huge loss. and patient is the one of the most important rules for trade. if you got huge loss don't panic just be patient and keep trading.

daringdiscovered

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Quote from: Protected101 on January 03, 2018, 08:57:21 PM

Life must go on everybody are experiencing a loss and after that a huge loss theres always for moving on.Learning from our mistakes is based on our experience and we can be a better trader on that mistakes.Our mentality can be bad but after that we neee to control our emotions on our big losse.

What you have said was all the facts that everyone should do in case that they have lost their money on Trading, but you couldn't expect that all of the people who do Trading could apply this kind of mindset, sometimes, there are people who are getting depressed after a huge loss on Trading, the reason? It is because they might risk all of their money thinking that they could make profits on Trading for real but the results disappointed them. However, keep on trying will help you to continue what you have started, a single failure can't define what would happen in your future.

19mlmendoza82

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control you emotion.. that's what my old mentor told me... thats usuall... learn learn learn

kamote291993

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I will definitely try again. Investors and businessmen are risk-taker; if you really want to invest on something then you should prepare yourself in the worst case scenario. It’s normal that we feel depress after a huge lost, but we need to keep in mind that failure is stepping stone on your road to success

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