Post
Topic
Board Trading Discussion
Re: I quit trading
by
deisik
on 22/11/2016, 13:26:17 UTC

I don't think someone can actually leave trading just when there are so much good projects to invest with.
If you got into crypto trading, that means you have been into bitcoin for more than months already. I don't think you would want to back away from bitcoin for good, you will always come around.
yes i think winning and loosing is the part of trading you cannot make money every time you have to compromise some thing and must book some lost,but i does not mean to stop trading, if you are continuously losing money then you should try to change your strategy of trading but leaving trading is not a wise decision.

That is true. If you can win 55% of the time and lose 45% of the time but lose less, you will win in the end.
leaving trading is a wise decision if he don't have skill on it and if he keeping up will only end up broke.
winning 55% and lose 45% is indeed will drove you to win but only if you can manage to get that much winning percentage while in other side it's really hard and no one could earn consistently for a very long time or never losing

These percentages make sense only if you always lose and win the same amount of money in absolute terms. Other than that, they are mostly irrelevant and meaningless since you may lose on 99% of your trades and still come out profitable at the end of the day for the simple fact that just 1% of your profitable trades might earn you substantially more than you might lose with all your other profitless trades...

The devil is, as always, in the details