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What if you lose your money trading?

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On 2/9/2020 at 7:11 PM, theghostm1 said:

Yes, that would be bad. But i will not  leave this field. I will come back again and learn more and learn from my previous mistakes to achieve profits. It must always be convinced that any trader is at risk.

I know a little bit about it and I have benefited from it by applying it, as a daily trader, I must exercise my limits to preserve capital. none of the possibilities means that the time spent with me can allow for the fact that this is my best fault in judgment.

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45 minutes ago, salmansyed said:

after a losing streak, start small; don't jump right back to the  same position size you were trading before. On the first day back trade a small position size.

I would think about why I lost money at what stage I was wrong and how to fix such error transactions in subsequent transactions. I will continue to do them even if I lose. Because the more you trade, the better you understand them

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Any investment is risky and so whenever doing , always have a back up plan. Never invest more than what you can afford to lose. And if you ask if I will invest again? Yes! Because not all the time the situation

is the same. It is investment meaning this money is really intended to invest and not expecting any returns soon.

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So weak hearted people are better do not involve in the crypto trading. There may not be profit in the every situations. You should be all set and sounds to take the risks for the coming situations. You should be self controlled genius so you will be happy even you lost in trading. 
 


 

 

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On 1/29/2020 at 5:55 PM, Abo3laa said:

We know trading is risky, and anyone can lose if you get into a deal and lose your money. 
Will you send the money back to trading again, or will you end your career?

losing while trading is a normal thing, every trader make some losses, but on the long therm gains are more then them. i use stop loss for every trade, so some times i lose something.

so, if you know how to manage those losses there is no need to stop trading because as i said small losses are normal in trading. but if you lose your whole balance is a short period then trading is not for you and you should stop trading

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Loosing for the first time doesn't actually mean you are a total failure you still have to try trading for many times and don't give up you may not know if success is awaiting in the next trade

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On 1/29/2020 at 5:55 PM, Abo3laa said:

We know trading is risky, and anyone can lose if you get into a deal and lose your money. 
Will you send the money back to trading again, or will you end your career?

For me, I will complete my career
I lost my money, it does not mean that I finished, but rather I am learning. I will study and learn from my mistakes
Adopt another strategy if the first does not help me
This is also a psychological encouragement for patience and focus
I learn from someone who has lost all his money from trading or self-employment in general
They are many and did not end their career, but Tabro
If you have lost your money I encourage you not to give up.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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This is depend on because if I able to do again then surely I will try but if I feel now I cannot stay and this is not going to help me any more then surely I will quit this and go for some other work or thing because this is not where we have to do all we have many choices and we able to do things for easier life trading is very attractive and good but this need luck and good funds as well.

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On 1/29/2020 at 6:24 PM, Umefarwa said:

As the of I loss the money in the trading then there is nothing no option for recovery and I will accept that this is the my mistake 

you have to take it that way and maybe you come back to thus forum to make some bitcoin by making post to earn some cash

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Its normal to lose money value at first, as long as you hold it before the value goes high again then there you sell it, holding is a good thing monitor the charts if it is going high or low regularly. until you earn your desired profit. Thanks and have a nice day!

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Actually trading is the best way to earn more money. If you have enough knowledge about trading then you cant loss your money. Yobit is the best exchanger for trading

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In fact, we know that trading is one of the best ways to make a very good profit.  If you trade your currency, you can get very good profits and I think it will benefit you.

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you should not spend all of your money on one coin or token i mean dont put all of your eggs in one bag ! if you dont do this you wont lose all of your money in same time also you should always have a backup money to make sure if you lost all of your money there is another way to get you losts back. 

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2 hours ago, kubuto1 said:

Shopping is not the only cure. It was my fault. I know why, look for the reason and try to fix it. In investing, if you find a disadvantage, study, do more research, and then have more time to explain the market

exactly, you should learn from your mistakes not give up and never try again, analyze what you did wrong and try to avoid it


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Well, I will still make a trade but I will make sure that I will earn and get back what I am loss because trading is very risky and we need to be brave.


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On 1/30/2020 at 12:55 AM, Abo3laa said:

We know trading is risky, and anyone can lose if you get into a deal and lose your money. 
Will you send the money back to trading again, or will you end your career?

I was once lose all money in trading but I still here. I am thankful that its not big amount of money it was only 50$ worth of token. I bought it on dip (Alttex) then I set it on high to sell. months later didn't check their telegram group when I check it was 0 on buying. nobody wants to buy that token. and now that project is gone. their telegram already deleted. 

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if you lose it all in trading then that means you had no plans while trading because we all know you should not put all your money in one basket and you should invest in more than 2 projects.

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before i join this trading world i already set myself on those risks and posible things that can happen,and losing is not the reason for me to stop but it is the reason for me to make it better the next time.

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in my opinion it is not possible to return your coins if you have lost or send them on wrong address so I suggest you that you should confirm address before sending your coins

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8 hours ago, kiasawwaki said:

If you decide to end your career in trading with just one loss then you should not trade in the first place. I only invest a small amount of my assets, because I know trading is risky. I will continue to do them even if I lose, because the more you trade the better you understand them.

You don't need to give up in trading we always face losses atimes and this give us more courage to go for more

8 hours ago, melickte said:

 

 

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You have to risk the part that you can only lose and not risk all your money in one go. As is well known, don't put all the eggs in one basket.

  • +2 1

THINK POSITIVE

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Really it will be a bad situation. Because all people do trading for earning profit. But if they lose money they become very much sad.

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I've lost money from trading when I was trading without a plan. I reconsidered and created a plan that worked and I went back in profits. Still I am being really cautious especially after what happened in 2018 where the bottom was endless and everyone was mostly in loss.

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