your mentality after a huge loss? - page 20.

Scavagers

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Quote from: kuronokishi10 on December 09, 2017, 04:52:44 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?

yes it is frustrating to have a big loss, it will make me really mad if that happens to me.what can I suggest is to keep your cool,what's done is done so accept what happened and move on,do not be mad,use your loss as a determimation for the next times. remember you should be better than you were yesterday. think positively,it happened not just for nothing, it gives lesson that you must not repeat your same mistakes again. also keep thinking a lot of times before deciding, do not use your feelings. always analyze,keep learning and be better.

el kaka22

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Quote from: bamb on December 26, 2017, 03:30:06 AM

What to do after a big or small loss is to stop trading and document every thought process and activities that led to that loss! Date the loss event and analyze it thoroughly so that you can learn what not to do next time you are trading! You can also use ALGORY.IO trading tools to assist you in your trade!

Exactly, there is always that thing about documentation when it comes to trading, because every little thing and decision to either winning or failing in a trade matters and it is usually good to go back into checking most of these things to know better what to always do during a trade in the future.

Usually for a naive trader, there is usually no way one may not experience this huge loss, but over time, when one learn from experience, it would be hard to experience such a thing again.

justteam34

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There is nothing can help me after a loss, there only time able to heal such injury of soul, alcogol might help a bit but only time is the best cure.

doycku

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If ever I have to fail and lose, I will not risk any more. I do not like defeats, it's a very unpleasant feeling, so I choose projects with minimal risk.

BitDiscussion

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Quote from: Lanatsa on December 26, 2017, 08:29:32 AM

Quote from: AntoCokbun on December 26, 2017, 03:21:11 AM

Quote from: kuronokishi10 on December 09, 2017, 04:52:44 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?

after a big loss I'm sure the beginners will be desperate and do not want to do it again and they will try to find another way, but it is only temporary because after getting important information and begin to understand we will definitely go back to try it again and play it more careful. my example is me. Cheesy

There are really cases which when in times of first try out and then we do suffer loss then some people would really decide to quit and find another way in short they do easily give up and dont have the dedication and persistence to go on but there are some people no matter how many times they do failed down they dont easily give up because they do saw that the opportunity on making money is here specially for long term.

Striking back is the best option and re analysing the market is also the solution, most of the time what happens is that we distance ourselves from the recent surveys and continue to trade on the previous knowledge. This gets worse when the market see some new developments and the price starts fluctuating.

alan2here

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Quote from: OrangeSeller on December 26, 2017, 02:57:24 AM

Quote from: babykika2027 on December 19, 2017, 11:33:29 AM

of course I will try again, usually it happens because of panic, at first may feel bad, but if I stop then I will miss the opportunity to get big profit, from the loss I can know where the error to loss and start again correctly, all surely there are risks to live how we can overcome them

These losses are best way to learn how to make yourself ready to defend such mistakes next time and make some good profit. Like you said, there should be no worries and sadness, although it is not that much easy but when you have intentions to earn so much money then you must have such ability to control your mind with that much loss, as the worst situation. Be patient.

I think everyone is greedy and wants to have a lot of money and they tend to not sell when they reach the target, which is very risky and can make you lose money. For me after each loss you should self-check your greed and start from the beginning with the original purpose

upsidedown75

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Quote from: OrangeSeller on December 26, 2017, 02:57:24 AM

Quote from: babykika2027 on December 19, 2017, 11:33:29 AM

of course I will try again, usually it happens because of panic, at first may feel bad, but if I stop then I will miss the opportunity to get big profit, from the loss I can know where the error to loss and start again correctly, all surely there are risks to live how we can overcome them

These losses are best way to learn how to make yourself ready to defend such mistakes next time and make some good profit. Like you said, there should be no worries and sadness, although it is not that much easy but when you have intentions to earn so much money then you must have such ability to control your mind with that much loss, as the worst situation. Be patient.

I have lost some in the past and most of them were actually as a result of greed even when you had a strategy. This is the main lesson to learn from most huge losses, except for the little ones that can happen due to the unexpected pattern that could happen even after some TAs.

It is a good way to really learn, control some of your impulse that could relate to gambling even after you knew the right thing to do and that was how I saw huge losses since I have not seen anyone lately.

Notmyfault7

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It is never a problem to me, coz i am a holder, and i do trust in the near future my loss would come back.

goku19

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Well recently I have faced a huge loss in trading couple of tokens... POS and PRL as I bought them expensive and sold them very cheaply but just after that they gone high specially PRL has gone to moon... feeling very depressed after that just trying to recollect my self

WSDN

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I think if we can not do anything, we should forget them. The best way is choosing a new portfolio and starting again. We can't be disappointed all life.

MommyElsa

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Quote from: kuronokishi10 on December 09, 2017, 04:52:44 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 need to continue my trading even if i get some loss, i must try to finally find my luck and learn too. It is not the end of thw world even if it hurts knowing that you gain nothing but instead get some loss from your investment.

qq1041414104

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I have great hope for virtual currency, so I am not afraid, I hope you too!

jinx029

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I try to cheer myself up and hope that I can cover the loss soon. There are really dark times, but it's important to understand that we have to make our next move no matter what. "Nothing is permenant in this wicked world, not even our troubles.

rejin29x

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There are advantages in business, and there are also losses. It is a normal matter that if the damage happens then the mind will be upset and after a pressure on the mindset. But the reason for the loss of business is the need to be educated. In order to prevent future losses for the same reason

hritevanz

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Quote from: kuronokishi10 on December 09, 2017, 04:52:44 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?

Disappointment is what I will feel after a huge loss because losing lots of money is not an easy thing to accept. To be honest, I never tried to lose a big amount of money before but my friend did because he deals with trading process. Since he is a first timer, he never stops on dealing with this process instead he keep on understanding and studying how the market goes. He explained and shared to me on how to handle this kind of pressure because for him, happiness is what you need to look for and not to the money.

Suleiman the Magnificent

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First I try to calm down. Then I'm investigating where I made a mistake. I'm trying not making that mistake again. But every time there are new mistake. Therefore my feelings are falling, I feel like I have lost my children.

posi

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Quote from: kuronokishi10 on December 09, 2017, 04:52:44 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 definitely proceed with trading because every successful business must accept debt but the debt must not supersede the profit. However, crypto currency trade loss can be amend if only the trade can wait for sometime when the dump is finished before selling his/her investment.

qiman

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I have suffered great losses in crypto currency in the past but there is not much alternative in the fiat world for myself so I keep on trying my best. Now I have become more realistic as I make goals and plans for the near and far future. As long as I am in sound mind, I will keep trying and at present if can provide my family with a roof over our heads and the basic needs are met, I try not to think too much beyond that. So I make sure that is covered every month from working in crypto, and if anything is left over for investment, I consider it a bonus. We lost way too much holding bags that died over time, or from hacks and theft, or from selling too early. Nothing much we can do, it upsets us but we need to move on fromb ad experiences.

romecheo

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No doubt, it has a big impact in life, both financial and moral. If anyone who suffer from this circumstances are not able to shape his/herself, it will definitely lead insanity.

For sure, anyone who's in trading are experienced the same situation. But luckily they manage to build their self again and perhaps they learned.

streazight

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Quote from: micovcin on December 10, 2017, 03:32:49 PM

Lose my minds and drinking alcohol Sad

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Funny enough, that will not even help at all. One thing about trading is that, the worst should always be prepared for. You cannot always have it right and which is one of the reasons pro trader look for some things to quickly make either an entry or an exit in a trade.

Huge losses can be crazy and I have been there but what can a man do than to move on and see how to make things right ?

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