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Topic: your mentality after a huge loss? - page 25. (Read 3853 times)

hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
December 20, 2017, 01:21:45 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?

obviously definitely the first time we will feel emotional and depressed because we are losers, we must be able to learn from these mistakes trading must have a patient nature and not easily fooled by the price trap when down.
That's a normal feeling, when we lose we feel sad but we have to let of it and instead look forward because there' still a chance
to recover our loses and make money. It's normal in trading therefore we have to be strong emotionally.
member
Activity: 518
Merit: 11
December 20, 2017, 01:05:00 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?

obviously definitely the first time we will feel emotional and depressed because we are losers, we must be able to learn from these mistakes trading must have a patient nature and not easily fooled by the price trap when down.
legendary
Activity: 3248
Merit: 1179
December 20, 2017, 12:53:15 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'll consider that huge loss as lesson learned and part of a investor's or trader's life especially if it is involved cryptocurrencies which is riskier than stock or forex. Before joining the crypto trading, prepare yourself first, learn to trade well and accept any eventuality but do not give up if you experience a loss. Every loss will make you wiser by learning from it.

You need to be prepared for everything, preparation is half of the work. I agree that every lose is making us smarter, we need to learn from our mistakes If we wish to have better future. Now I'm older and wiser I think, some things come with years and a lot of experience. In trading I don't panic anymore, market is bullish and all we need to have is patience and wait long enough to get in profit. Now choosing coin to trade with is the most important thing, if you choose right just wait and there is no risk from losing money.
full member
Activity: 182
Merit: 100
December 20, 2017, 12:53:07 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 this will happen to me I consider this as the most saddest things in my life. But, I will not stop and i will try new ways to earn money and i will study and research before making decision to avoid loss. And I will be careful with my choice.
sr. member
Activity: 826
Merit: 256
December 20, 2017, 12:27:43 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'll consider that huge loss as lesson learned and part of a investor's or trader's life especially if it is involved cryptocurrencies which is riskier than stock or forex. Before joining the crypto trading, prepare yourself first, learn to trade well and accept any eventuality but do not give up if you experience a loss. Every loss will make you wiser by learning from it.
newbie
Activity: 80
Merit: 0
December 20, 2017, 12:08:25 AM
indeed the loss is very frightening, but in the business world, especially investing in the world of cryto we have to bear the risk, loss or profit is very reasonable.
and if I suffer losses, I will not back down investing in the world of crypto, because I believe the loss of investing in the world of crypto will not go down very drastically, and to deal with the losses we have to hold our investment until our investment value rises.


just be careful though, a sudden rushed decision can lead complications. Better to feel the loss first. LOL
full member
Activity: 490
Merit: 100
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December 20, 2017, 12:03:24 AM
indeed the loss is very frightening, but in the business world, especially investing in the world of cryto we have to bear the risk, loss or profit is very reasonable.
and if I suffer losses, I will not back down investing in the world of crypto, because I believe the loss of investing in the world of crypto will not go down very drastically, and to deal with the losses we have to hold our investment until our investment value rises.
full member
Activity: 504
Merit: 100
December 19, 2017, 11:33:23 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?

my mentality when suffered a considerable loss that I definitely feel upset but I have now learned from experience and the past and now it is not too much loss it is often a profit. learn to understand the chart and see the situation of the market situation.
newbie
Activity: 80
Merit: 0
December 19, 2017, 11:24:04 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?
Trading is an activity that has a high enough risk level because if we do just a little mistake of course we will get the loss and it should be a consequence that must be accepted by the traders if you want to wrestle the field of trading so I loss is the thing which is commonly experienced by traders and for real traders it is not a challenge to continue to focus on trading activities. and certainly a disadvantage when trading is like a very valuable experience to be used as a reference so as not to repeat a second mistake while trading. but this does not mean for us no more careful again for the future of course as a trader we must be more careful again in trading activities in order not to happen again a loss.

It is really a high risk game. No one should go trading unless he knows what he's up. Some of the members here have lost a lot in trading and never came back from their loss.
sr. member
Activity: 672
Merit: 253
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December 19, 2017, 10:57:04 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?
Trading is an activity that has a high enough risk level because if we do just a little mistake of course we will get the loss and it should be a consequence that must be accepted by the traders if you want to wrestle the field of trading so I loss is the thing which is commonly experienced by traders and for real traders it is not a challenge to continue to focus on trading activities. and certainly a disadvantage when trading is like a very valuable experience to be used as a reference so as not to repeat a second mistake while trading. but this does not mean for us no more careful again for the future of course as a trader we must be more careful again in trading activities in order not to happen again a loss.
sr. member
Activity: 260
Merit: 250
snack of all trades
December 19, 2017, 10:28:06 PM
The loss is a part of the game. You play and you must accept. Do not too worried or give up. Let learn from the fail and start again, if not, you can not take again what you have lost.
newbie
Activity: 80
Merit: 0
December 19, 2017, 09:43:00 PM
I would feel very sad and would try to earn money via another activity... Huge losses are traumatic and can seriously affect the trader negatively. However, making sure you have a decent amount of money saved somewhere or a solid patrimony, the huge loss will look like a little loss, possible to recover in a short time period, maybe not via trading, but with another kinds of businesses.

I think would feel more motivated to get my loss back. Will surely be safer and will not take big risks if not really sure if it is profitable at the end.
hero member
Activity: 1190
Merit: 525
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December 19, 2017, 07:07:22 PM
I would feel very sad and would try to earn money via another activity... Huge losses are traumatic and can seriously affect the trader negatively. However, making sure you have a decent amount of money saved somewhere or a solid patrimony, the huge loss will look like a little loss, possible to recover in a short time period, maybe not via trading, but with another kinds of businesses.
full member
Activity: 252
Merit: 107
December 19, 2017, 06:57:27 PM
it's like loosing an hand, but in no time i'm double working to bring back all the lost stack, and of course the best lesson is to learn from your own mistake
full member
Activity: 325
Merit: 100
December 19, 2017, 06:05:53 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?
Actually after a loss , a lots of regrets come in to my mind.
But I just calm it down and think that it was already done and I already loss money.
So the tendency is to be more patience in the next investment that im going to enter.
Yes i'll still try it again , and this time going to be more patience and wise in making decision.
Loss from what? here in crypto? Well, for me I don't have much that much big loss. Although during the time I was new here in crypto trading I do panin selling most of the time but still the important for me is I still earned and learned from that lesson and positive always that I can maximize my earnings.
full member
Activity: 168
Merit: 120
December 19, 2017, 05:08:21 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?
Actually after a loss , a lots of regrets come in to my mind.
But I just calm it down and think that it was already done and I already loss money.
So the tendency is to be more patience in the next investment that im going to enter.
Yes i'll still try it again , and this time going to be more patience and wise in making decision.
legendary
Activity: 1442
Merit: 1008
December 19, 2017, 04:49:39 PM
I think it is important to be resilient when it comes to dealing with losses because you can never move forward if you keep yourself being stuck with the past. This business is imbued with so much psychological battle that you have to come to terms with, otherwise, you will never get anywhere. So if I were you, always be brave to face losses as it is through it that you learn so much about life, in general.


That's true trading always emotional, you need to have a full control over your emotions in order to make you do trade in good way not the other way around. Accept what you have done that causing you in loss , start a new one with better preparation. Keep learning until you feel there's no space for even a little mistake.
sr. member
Activity: 499
Merit: 250
Chainjoes.com
December 19, 2017, 12:59:00 PM
It depends the reason why I have lost. If that is just a small mistake, I try to begin again. If that is a big fault, I will start new way such as holding instead of trading.
hero member
Activity: 2730
Merit: 632
December 19, 2017, 12:57:19 PM
The first thing I need to do is check the problems and errors in my investment strategy. For example, I invest in a company's stock, I need to understand what the problem is for a company, why the company's stock goes down. Also if I invest in a mutual fund, check whether there is a problem with my investment manager or indeed a bad economic condition.the same case if I invest in the investment of precious metal (gold) in my company and so on.
That is just usually the best thing to do. There must have been something one did wrongly and then once that is detected; it is just to take note of it, so as not to make the same mistake for the next trade and future ones.
I have made some buys before and I noticed as I was buying everyone was selling; only to find out it was being bounced from bittrex when I searched on Google. I had a huge loss, but nothing that was not prepared for.
There would really be those kind of situation on which we do really lose up money because of on our own negligence on not to research into fundamentals on any coins which we are engage.It always be and edge for to make such actions because we can do base on the things that we are potentially doing. If you did commit mistake which is normal but we can able to handle it for next time.
hero member
Activity: 868
Merit: 535
December 19, 2017, 12:40:33 PM
I think it is important to be resilient when it comes to dealing with losses because you can never move forward if you keep yourself being stuck with the past. This business is imbued with so much psychological battle that you have to come to terms with, otherwise, you will never get anywhere. So if I were you, always be brave to face losses as it is through it that you learn so much about life, in general.

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