your mentality after a huge loss? - page 6.

KnightElite

sr. member

Activity: 924

Merit: 275

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?

My mentality is still positive even I experienced huge loss. I am aware that thinking negative can lead me to lose more money. I always thinking positive for me to create wise decision and for me to overcome all of my losses.

hsjrjkf

newbie

Activity: 127

Merit: 0

I believe that everyone who suffers a huge loss will be terrible and may crash, but I want to say that I will not escape it. I will sum up experience and learn from some experienced friends and gain some experience. Go to invest again.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Quote from: el kaka22 on December 27, 2017, 09:29:10 AM

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.

As human being, it is very hard not to be affected or disappointed after a huge losses. However, in this kind of business or job wherein risk is your companion every trading that you will take then you just have to be positive and learn from your mistake. Evaluate where could be the loophole of your decision and work it out to avoid from the same mistake again.

kuruyama

newbie

Activity: 126

Merit: 0

After a huge loss, i manage to calm myself and keep in mind that its only money, i can get it back next day or any other day Cheesy

so when i loss a huge money, i feel that its okay, I mean, atleast youve learned something from it, thats the ways it is, its how life goes on, its either you win or you lose, we cant alyways win in life, sometimes you gotta take that big blow, and all you have to do is get back up, it also applies here, that when you loss money, its fine you'll get it next time just move on. And keep on trading, keep on grinding

every loss everything will pay off sometime and in our world cryptocurreny, money is around us. Money is what makes this system works. So there is always money for each of one us here so there, dont give up! Keep going

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: decoder88 on January 31, 2018, 10:32:08 AM

Quote from: adzino on December 09, 2017, 07:42:29 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 always keep in mind that bitcoin trading is filled with risk and might lose most of the money any time without any prior warning. So this helps me to keep myself mentally strong and does not affect me to extreme level once i lose anything. Though it does hurt a bit. But i end up continuing my trading.

I believe that investments involves the risk of losing money. That is why after a huge loss i tend to overcome my emotions and never let them eat me so that it will lead to me making bad decisions. I always make sure that i rest for such days and to make researches on what did i do to loose and try to improve so that i will not loose more. And take losses as lessons.

It really involves risk and that risk leads me not to do trading, since I am still confused about it and those technical terms, but this coming vacation I would see to it that I will do this since it is not only for me but for my family, and as much as possible I want to try that risk for me to overcome it as I don't want myself seeing to just watching those coins.

decoder88

full member

Activity: 346

Merit: 103

Quote from: adzino on December 09, 2017, 07:42:29 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 always keep in mind that bitcoin trading is filled with risk and might lose most of the money any time without any prior warning. So this helps me to keep myself mentally strong and does not affect me to extreme level once i lose anything. Though it does hurt a bit. But i end up continuing my trading.

I believe that investments involves the risk of losing money. That is why after a huge loss i tend to overcome my emotions and never let them eat me so that it will lead to me making bad decisions. I always make sure that i rest for such days and to make researches on what did i do to loose and try to improve so that i will not loose more. And take losses as lessons.

Morjana17

member

Activity: 364

Merit: 10

Alfa-Enzo:Introducing the First Global Smartmarket

Quote from: alisafox2017 on December 09, 2017, 06:00:17 AM

Yes, I'll start again earning money with knowledge I have, because crypto-currency are new life, new opportunity and success for every person. If you have big plans for your life, you'll never give up and continue to make all better and better.

That is a good mentallity, If I will experience also a huge loss I wont find it as loss but a challenge for me either hold it and keep on trading and joining a bounty campaign whuch is very helpful for me. Because in that case I will save and use the cryptocurrencies to any transaction will do. Then keep going, because that is life, go for the better not to worst.

MiiDoViic

full member

Activity: 308

Merit: 119

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 if you are a careful trader and know what you are doing you will never lose that much to the point where you can't recover .
Always have a stop loss and try to predict the bottom to buy back the dip. Giving up after a loss is wost than a than the loss itself . Just don't beat yourself about it , you gotta know that you signed up for that risk and it was always destined to happen sooner or later .

clarkt

full member

Activity: 658

Merit: 100

If your loss is on paper especially if you are in bitcoin, I will advice you hold your position patiently waiting for time when there will be positive sentiment and the market value of your coin will rise again. The moment of loss is not the appropriate time to invest or put more money in to trading.

jinx029

member

Activity: 126

Merit: 10

We all know that trading is very risky and part of doing trading is to have or to experience a huge loss, and my mentally after a huge loss is to bounce back and to be more wiser and to became more expert in trading so i can make even more money, and after a huge loss my mentally is to be more great.

kamote291993

member

Activity: 140

Merit: 16

Do not too worried or give up. Let learn from the fail and start again. I would try to earn money in another activity... However, the huge loss will look like a little loss, possible to recover in a short time period. I think, that many people here have lost a lot in trading and never came back from their loss.

Etherlevis128

member

Activity: 149

Merit: 12

specifically in the case of bitcoin and cryptocurrencies. i don't usually panic in some kind of loss because i know in the end you always win due to its huge demand people will keeps on investing and at the end loss will recover. I always keeps on thinking that i can win that money back because cryptocurrency and this forum makes thay things possible so i am not that depress whenever i lose a lot of money because i believe it will recover soon.

mininghubby

member

Activity: 140

Merit: 15

Quote from: @kyenkirke1976 on January 30, 2018, 12:05:26 AM

I never experience it so far and i dont want to experience it. But if ever i loss huge amount ofcourse i will be sad and maybe to the point of thinking to stop. But as they said when you fell dont stop try to go up and start again but this time be wiser.

I think its kind of a business or a kind of investment you trust on and i think profit and loss is the part of business. 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

nodelover

member

Activity: 140

Merit: 30

it's disappointing but we have to be expected that kind of loss because we know that trading is risky and it does not guarantee that you always have profits.

Alexis.Nick

jr. member

Activity: 84

Merit: 2

In each and every huge loss, what we need is to learn from our mistakes or wrong doing and never commit the same mistake to avoid a big loss again. Then set some goal to bring back what we had loss.

Blue2012

full member

Activity: 182

Merit: 102

First of all,you must accept the fact that in trading there are some risk and sometimes there are chances that you might lose. And we all know that losing is a painful experience. But what we have to remember is that we should be guided by the fact that failure is part of success, and you cannot succeed unless you failed once. This is also means that we have to put some more effort and that you have actually attempted to achieve something you want is a good indication that you have what it takes to succeed and have a brighter future.

bitspectacle

newbie

Activity: 22

Merit: 1

Control your pace if you are chasing tails in the crypto space, things move really fast.

vladbakshoo

jr. member

Activity: 76

Merit: 1

when i started trading i become victim of pump and dump scam and lost around 80% of holding i was so depressed and angry and started revenge trading . Revenge trading is term used when u try to recover ur losses quickly by becoming emotional and lose almost all my holdings in the process so my advice is just take it slow try to learn fundamentals and best strategy is just research good hidden gem and hodl

@kyenkirke1976

newbie

Activity: 12

Merit: 0

I never experience it so far and i dont want to experience it. But if ever i loss huge amount ofcourse i will be sad and maybe to the point of thinking to stop. But as they said when you fell dont stop try to go up and start again but this time be wiser.

vijendra singh

newbie

Activity: 148

Merit: 0

Firstly, I don't take too much risk. I always trade in safe zone even then if I make losses. I don't exit from the game because I know one thing that If someone is always in game with available money, he will definitely make profits.

If I loose then I buy contracts again will available money and wait for good time to come. I don't calculate profits on daily basis. Calculate on monthly basis.

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