Quote from: pooya87 on October 15, 2016, 07:20:59 AM

Quote from: Supercrypt on October 15, 2016, 05:41:37 AM

Quote from: Dora Doll on October 15, 2016, 04:35:13 AM

Quote from: abugseuf on October 12, 2016, 07:53:58 PM

Quote from: sishendaoye on October 07, 2016, 09:11:08 AM

I make a lot of mistakes while trading BUT I think in total I have made atleast over a bitcoin from trading.
Ofcourse it's not that much for the time I have been trading but trading is very difficult and I am still in the "learning phase"

yes every one do mistake while trading, and i think it is not fixed that how a person can earn from trading in a day, as trading is a game of winning and loosing, as i made good profit from bitocn and also lost a lot but overall i am in profit.

yes that is right and i will like say that as i do trading in different section randomly therefore it is not easy to count that how much i earn from trading but i can say that still my winning percentage is more that my loosing percentage.

I believe this is how a trader must be performing all the time. Because facing losses in trading is unavoidable, still keeping the losses in minimum and maximizing the profits, will help any trader to be successful in long haul.

There must be one thumb rule in all trading : cut your losses short and let your profits grow. It means we need to book losses quickly and we need to wait for profits to grow.

the size of the loss is also important and it is what you should keep in mind.
i use a percentage based calculation for measuring losses. for example if it is a small percentage loss like less than 2-5% it is acceptable but more than that means i have been doing something wrong.

Honestly, the strategy in gambling can also be applied in trading, that's what you call the bankroll management and that is a great percentage to be an acceptable loses, but as a trader we do not stop with a lose but we learn from our mistakes to become successful.