your mentality after a huge loss? - page 27.

A Fahriz Thiago

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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 try again, maybe now I get a big loss, but maybe one day I will get bigger profits and can cover the losses that I experienced.

di.ako.toh

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Once we got a loss, we should have the mentality to gain after loss, and for us to do that, we should first identify the reason why does it happen and think other strategy to overcome that. We as business minded in the world of cryto, should be wise enough in doing actions for us to gain and have profit rather than a huge loss.

btcminer6212

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Quote from: AndrewBoltz on December 16, 2017, 10:24:49 AM

Exactly, being anxious after a loss wanting to recover the amount quickly would be a very bad state of mind when trading. In fact, it's one of the most dangerous behaviors of traders.

well it depend upon the situation i think if anyone who invest all of his money into trading or in one coin and it falls a lot i think this will be quite embarrassing for him and Losing is part of trading. Even pro traders experience till today. Nevertheless they continue to trade because by their experience they learned to be more cautious.

mininglegend1234

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Quote from: AndrewBoltz on December 16, 2017, 10:24:49 AM

Exactly, being anxious after a loss wanting to recover the amount quickly would be a very bad state of mind when trading. In fact, it's one of the most dangerous behaviors of traders.

I think no need to panic. I think it is the part of the game and we have to face the reality. you might lost your self control instead, and that is the worst thing that could happen, you'll start to be pissed of, and will start to spend all of your money just to win back all of your loses without thinking. The best thing to do after a huge loss is to move on and accept it, that way, your mind would be clear and you could start to think another way to earn what you have lost again.

finzyoj

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Quote from: Soots on December 16, 2017, 06:12:13 PM

Quote from: kiky03 on December 09, 2017, 07:52:19 AM

currently my biggest loss in trading is just 0.09 btc and i just smile and keep trading.
i believe tomorrow will my lucky day.just keep smile and don't give up guys

That's the spirit of good trader dude, never stop trying and don't give up because your day will come. Each of us will encountered such situations that we feel so depressed because of our loss which may set as our learning. As on my own principle experienced is the best learning, after such mistakes that was done. Since being loss is part of our life in order to mold as a good and better person because I believed someday my goals in life will be come true and being an expert trader soon.

As a trader, we should not dwell long in our losses and should move on as soon as possible because there will still be opportunities to earn again. We know that cryptos are volatile and trading is a big risk since there is no guarantee that we will be gaining profit in every trade that we will make. Sometimes it is hard to forget the loss especially if the amount is big but we have to continue and learn from this. Every trader must have suffer a lot losses before learning and understanding how the market goes, experience must have teach them already to be good traders.

raven7886

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Quote from: bakkang on December 14, 2017, 09:10:56 PM

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?

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.

Yes, the thing though is that when you already have a mindset or some of the experience before, the trauma may not just be that much. However, it is hard to experience a huge loss once and experience it again, because there must have been some huge mistake that must have warranted to you having such huge loss.

Stop-loss are there for a reason when you have a target mark that you are not getting and then it keeps going the other way.

sana9826

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ofcourse i won't give up when i faced of huge loss. it is really challenge me to trade as well, i keep learn everything in trading when i face with loss itself. eventhough its really hard to get profit, but if you have experience in loss, you can minimize your loss at least.

ViciousWarlock29

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You need to lose in some trades for you to learn ways on how NOT to trade. Taking a huge loss is one of them; you'll learn not to risk a lot especially in low probability trades.

dogz12

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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?

Treat a loss as a lesson not to be done again in the future. Be always positive even in a loss, think that you will bounce back from a loss.

kelinci_putih

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I will continue to be trader and trading learn how to make the good of trading strategy, never give up and always learn from mistakes. Experience is the best teacher so we can learn after we lose from before. Never panic and take time to start trading again and try our luck and think another way to get huge profit from other potential coin.

coinseedco

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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."

Soots

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Quote from: kiky03 on December 09, 2017, 07:52:19 AM

currently my biggest loss in trading is just 0.09 btc and i just smile and keep trading.
i believe tomorrow will my lucky day.just keep smile and don't give up guys

That's the spirit of good trader dude, never stop trying and don't give up because your day will come. Each of us will encountered such situations that we feel so depressed because of our loss which may set as our learning. As on my own principle experienced is the best learning, after such mistakes that was done. Since being loss is part of our life in order to mold as a good and better person because I believed someday my goals in life will be come true and being an expert trader soon.

StonedWolf

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I think that failure is a major component of our lives. So we better get used to it and accept it as an inseparable element of our lives. Especially while remembering that the fault is human and no one is dispensed from failures and faults. In the meantime, we found some people who are losing their time in regretting their choices which contributed them to the failures. While they are frequent and likely at any time, so it is essential to have a strong personality to manage those moments very well.

rachelia13

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Quote from: kiky03 on December 09, 2017, 07:52:19 AM

currently my biggest loss in trading is just 0.09 btc and i just smile and keep trading.
i believe tomorrow will my lucky day.just keep smile and don't give up guys

If your biggest loss is only 0.09 btc, I lost 0.14 btc at the first time I started trading without knowledge, impatient and easily panicked. I do trading just by feeling and wishing good luck, but unfortunately I was not lucky. I do the same thing with you, keep smiling and continue trading because I am ready with the risk to accept if i lose due trading is an activity that has a high risk but also has a great return value. Now i learned to be patient and not panic to avoid the losses

AndrewBoltz

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Exactly, being anxious after a loss wanting to recover the amount quickly would be a very bad state of mind when trading. In fact, it's one of the most dangerous behaviors of traders.

bitgolden

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Quote from: Quidat on December 12, 2017, 09:53:34 AM

Quote from: Strongkored on December 09, 2017, 08:43:04 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?

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.

We should not easily stop because of experiencing some mistakes which is actually normal on these kind of situations and also these things will really mold us up to be a better trader and we should put up on our minds that we should learn on our mistakes and thinking off for those loses are just fees on your learning journey.The best thing to do is to minimize loss and for sure you would able to do that because you are already aware on your past mistakes.

Every single mistake is a stepping stone to getting better. There is no trader that has never made a mistake in the past, but over time, they get better at what they do and then learn from any other mistake that comes. There is something to learn from every trade whether successful or not and huge losses are no different. It won't just be right repeating the same mistakes twice because that would then make one dumb.

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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?

Trading is always something which is so risky. You are not in profit for sure anytime. But you have vast knowledge of trading you will never fall down in huge loss. If you invest after loss and loss it will make you panic. So be patient after losses a few and take a break for understanding the market.I actually do this. So my suggestion will be take break after a big loss either it will make panic and you lose more.

AndrewBoltz

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I quit for several months after my very first devastating loss (roughly 30% of my account). I came back after clearing my head and pushed myself to really learn the realistic way of trading instead of being dependent on the opinions of other 'experts'.

jatin729

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In life sometimes we win or lose, that does not mean we give up at that time. Try again with smart strategy and over come all losses'

hajimasan

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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?

Definitely you are taking about trading , where most of the people are getting much loss Because of the dump in the market of altcoins Because of the increase in the market of bitcoin .
Here I myself lost much but have not disappointment of loss Because value in fiat is still in better amount and I don't have loss have net gain .
Here surely I like to change my stretagy of investment , currently my idea of stop loss is to stop reading Because the market of bitcoin is stable from 3 to 4 days only , so here I am waiting from better stability in bitcoin's price , and then start to make investment in much dumped coin and recovery and make profit is easy.

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