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Maxtron73

How do you feel when you lose money on crypto by day trading ?

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On 24.01.2020 at 01:21, Maxtron73 said:

Day trading can get you enormous gains , but can also pipe away your savings in no time if you do day or very short term trading. Instead if you buy at discount prices and just hold for long term ? Would it not be better to acquire huge gains and risking less ?

It's really normal to upset and loose. It's big experience of our life, and make us stronger!

But we need just keep up and continue trying, with experience of last mistakes, it's life )

 

push❤️, and I will too🙂

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Of course losing money is always sad. but it also gives experience. We must not be aggressive to make up for losses. If you work consciously and carefully, lost money can be regained one should not be greedy.

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Obviously I feel pitiful and frustrated yet it's truly okay since it's aspect of the idea of exchanging, we shouldn't expect that we will consistently procure cash from exchanging. Losing is the most ideal route on how we can get insight, and that experience is the most ideal approach to turn out to be better and way more proficient.

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First 2 months I was very nervous about loses, but then I got used to in. It is normal that today you lost money, tomorrow you got more money. However I’m trying to make grow percentage bigger than lost. 

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Undoubtedly wrong, nobody likes to lose, but you have to be aware that in this world of cryptocurrencies risk is always present, you win and you lose, we just have to have strategies and be faithful to them, in the end with a good risk management will be more victories than defeats. Good luck to you all.

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It feels horrible and it gets you down.

It doesn't make you want to try again.

However, you have to overcome it and learn from mistakes, since it is impossible to always win, if you do not overcome it you will not be able to be a trader.

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In my opinion, trading is an investment and a real commercial project, and it is known in the world of projects and trade that profit is associated with loss, and the trader knows beforehand that he may lose some money in trading, especially if he does not have sufficient experience

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I feel sad and disappointed but it's really alright because it's part of the nature of trading/ We shouldn't expect that we will always earn money from trading

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I feel sadness when i lose but i close exchange and get a free time and drink a cup of tea and return to trading and gain some profits 😎🤑

Edited by MohamedDawood
Wrong word

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I stop trading for a not long period, and go back to trading again, but with more money in order to compensate for the loss and trade only on safe currencies and their price does not move much

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Losing money in daily trading is something that will always happen, and we must protect ourselves against the feelings that this brings, I mean the market always gives opportunity, we just have to do what the losses be small and the gains large.

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trading is risk not all time profit some time little lose money you are learn chart and market condition market is good so invest you trading short or long i think long trading is good

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I agree, I prefer saving over trading because it makes me earn money even when I'm asleep and there is no big loss like trading, but if you want to profit in large quantities and in a short time you will not find better than trading to complete this

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Well, it does not feel good, the truth is, I think that most of us who invest in cryptocurrencies have ever lost, but it is part of the learning from my point of view

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It discourages a little too often, but that does not prevent you from betting every day to see, but you never know when it can go up the price.

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if you allways lose u should might consider leaving for a few days and just take a rest and recover ur mentality so u can kinda adjust and look at new pattern and educate urself more in that topic so u can do better risk managment and minimize ur loses 

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Конечно, я испытываю негативные эмоции, но не очень расстраиваюсь, потому что работа на этом не заканчивается и всегда есть риск уйти в минус

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On 1/23/2020 at 11:21 PM, Maxtron73 said:

Day trading can get you enormous gains , but can also pipe away your savings in no time if you do day or very short term trading. Instead if you buy at discount prices and just hold for long term ? Would it not be better to acquire huge gains and risking less ?

Analyzing it from that point of view it would seem that it is but it is much more complicated than that because it does not guarantee you to win in the long term and you can also have losses without counting that it can take a long time to win and time is also money. also while you have the money stopped it is less to continue doing traiding

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It is very interesting what you say in your post, although it is true that tranding daily can leave you big profits, it can also reduce your capital to zero if you are not careful, in my case I lose a lot of money due to not knowing how to trade correctly Nowadays I prefer to buy and leave that investment in the medium or long term and the truth is that it is a very good way to obtain results, perhaps not very quickly but efficiently.

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Bitcoin - Open interest in perpetual futures contracts on BitMEX has dropped significantly.

It fell by almost 24%, from $ 590 million to $ 450 million, a level not seen since May 2020.

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I don't feel anything. In my opinion, trading and emotions are incompatible. Besides, losing money in one trading day means nothing. You can lose money in one trading day, but make a profit in the long run.

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As a trader, you have a method that you apply, sometimes it doesn't work, when that happens I feel bad, but I don't let that dominate me and I go on to check where it fails to correct.

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haha this is another issue how I feel when they cheat me, umm the truth feels horrible and more when you invest all your money thinking that you will earn double or ambitiously triple but when you give yourself your star haha there is where you really fall and feel like a stupid, but from mistakes you learn.
 

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After that i leave to trade and hold some coins and start earning free. But i do not leave hope, i will learn the trading skills and than i will do day/week or monthly trades.

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