your mentality after a huge loss? - page 22.

Advicerabi

member

Activity: 210

Merit: 10

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?

Of course I will try again. And I have been several times loss when trading forex but I'm not giving up, because before the start i have set goals for success.

MattF24

newbie

Activity: 88

Merit: 0

IF you keep on dwelling in the past and can't get over your loss, then you will miss out all other opportunities that would have made up for it in the future.

Harsh_Patel

member

Activity: 182

Merit: 10

Algo Trader

Just stay calm. Many people come here just with the greed of the money, those are the one who still belive in the monetary policy but there something bigger going on here, we are trying to replace the system as a whole. This needs time and there will be ups and down.

Please stand fast and enjoy the ride. Everyone will come along over time. Behold.

klaybbj

newbie

Activity: 28

Merit: 0

Sure it will be in down and no one can feel you emotion in this time but you have 2 choices, you can wait after this lose and don't trade till you pass this lose in your mind and then you have maybe chance to win again but for the second choice and its the worst choice to continue trade with your mentality after lose and you will lose again and more.

proTECH77

member

Activity: 1120

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Bisq Market Day - March 20th 2023

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?

For you to have a huge loss, means you probably did not do something right. In trading, you should learn how to maximize your profit and minimize your loss. With proper analysis and risk management, you should have a fair trade.
All these put into consideration will enable me deal with the loss and investing again to have a profit.

melted349

sr. member

Activity: 462

Merit: 250

Quote from: orka39 on December 24, 2017, 06:36:36 AM

Quote from: wayaneka on December 09, 2017, 06:58:54 AM

I will be continue to trade and learn what wrong of my trading that i did, stop a few moment and build new trading strategy, new trading plan and new risk management. Also I will devide the money one portfolio for trade and one porfolio into others pasif income like make investing in mining site or lending coin site to minimize the risk.

Take a rest for aome time is good idea to refresh back your mind from the huge loss.
If you say you will build new strategy i think that is no need. Why? Because we just need to review it and not make the new one.

after a huge loss making your self in a calm and peaceful mind make you feel even more better and you are able to think what would be the best decision that you are able to made of yes it is hard to take some loss but it is better that after this loss you are able to make some good thing to do for.

orka39

member

Activity: 168

Merit: 47

Quote from: wayaneka on December 09, 2017, 06:58:54 AM

I will be continue to trade and learn what wrong of my trading that i did, stop a few moment and build new trading strategy, new trading plan and new risk management. Also I will devide the money one portfolio for trade and one porfolio into others pasif income like make investing in mining site or lending coin site to minimize the risk.

Take a rest for aome time is good idea to refresh back your mind from the huge loss.
If you say you will build new strategy i think that is no need. Why? Because we just need to review it and not make the new one.

richcorner100

full member

Activity: 616

Merit: 100

https://exip.live/

I will continue to learn trading and build new trading strategy. Learn from mistake is good strategy to know what wrong with current trading strategy, so we will become experience trading who always get consistent profit.

vickycoin05

member

Activity: 532

Merit: 10

Quote from: anavir on December 23, 2017, 12:20:13 PM

huge loss for me is depression it is so heart breaking when you loss what you have..i may need a break first to regain my consumptio

Yeah, it's so sad on that moment and very depressed emotion. Well, after all that will set as our lessons which we need to relax for our while since our time to be lucky is not their. Having a huge loss may lead to us that our pride might be affected and challenged to bet again which in the end is useless. All that we need is self control and be responsible on our doings to avoid to think such bad doings.

ArIMy11

full member

Activity: 519

Merit: 101

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?

After a huge large of course I am feeling sad. I think I have to take some time to recover. I want to be alone, I do not want to talk to anybody and I quite hate myself because I know that it is my fault and I made a wrong decision. When I recover of course I do not hate myself anymore and that is the time I am motivated. My mind is set into positive things. Like:
1. I will make sure that I’ll never make the same mistakes again coz if I did, I am already a stupid person.
2. I will get back the loss no matter how much and how long time it takes.

bib24

member

Activity: 224

Merit: 10

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.

negamus

full member

Activity: 245

Merit: 100

If we do not have losses, then no one of us will be earning money in here. Without losses we could never understand what are we doing wrong or how to fix it. So everytime that i lose some money or i lose some opportunities to make money, i try to do not repeat it for the next time.

Kahoy01

full member

Activity: 481

Merit: 100

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 normal that we feel bad after we experienced huge loss in trading. I believe that most of us are aware that trading is one of the risky job in the cryptocurrency. Trading is really a hard job.

Borisb52

full member

Activity: 462

Merit: 101

A huge loss certainly picks up the ruts. But I believe that you need to accept this and go further. If you lose money on the market of crypto-currencies, then you should think about finding a mentor who can do this and learn from him?

anavir

member

Activity: 350

Merit: 12

huge loss for me is depression it is so heart breaking when you loss what you have..i may need a break first to regain my consumptio

chocobo21

full member

Activity: 308

Merit: 100

I will try to stay calm as much as possible and not panic, and to do that I just go outside and spend time with my family to forget about the crypto world and to back to reality, money is not that important it's okay to lose it as long as you have health everything is still good. In my mind, being healthy with no money is better than have a lot of money and have a disease like Steve Jobs for exemple.

dejan_p

member

Activity: 132

Merit: 11

it might be hard to remain calm and not stressed after a huge loss, but it's all about psychology
the quickest way to change how you feel is to change how you think

you can have negative thoughts i.e. "omg i'm an id**t how could have i been so st**d", not gonna do any good to you. try to rationalize the situation

if you don't have the capability for this (we all do), and you are not that risk-it-all type person, well, then play safe and don't invest more than you are ready to lose, simple as that

rhamzter

sr. member

Activity: 420

Merit: 282

Quote from: Ryan Tirta Permana on December 23, 2017, 07:49:25 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?

It's based on what you get from trading, I mean if you trade with analysis, or because random in choosing coin and have no strategy, but for me personally better to calm down first and then start trading or re-investment.

After huge lost it's better if you can wait until the price of your investment were raising up again. Other than that it better if you have additional amount to supports your loses in trading. Or else it's better if you have second plan when value of bitcoin and other altcoins are fall down. Because if you have reserved plan regarding loses you have fall back when you are defeat or gained lost in trading.

CARrency

sr. member

Activity: 546

Merit: 256

Quote from: okissabam on December 23, 2017, 08:03:16 AM

After a huge loss I usually try to trade again and correct my mistakes. I just don’t give up easily so most of the time I strive much harder to regain from the losses and make profits from a different coin.

I did too. I do not think that I can get my lost money but I am just thinking that it might not be for me but for someone else who needs it more than me. I just look at it as a challenge that needs to overcome. It might be a little dramatic that way but it really helps me when I think of it like that. Bitcoin is prety volatile so we must find ways to make ourselves comfortable.

lucy1215

member

Activity: 105

Merit: 100

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?

Well definitely learned my lesson in investing. If I suffer in a huge loss i would hold my coins and will wait for it to rise up again because we all know that crypto market is volatile and the flactuation is very high or very low I do know now how to control my emotion and do not sell my coins at loss or sell low.

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