Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You should still continue if you have the capital because losing is part of trading and through losses you will learn your strengths and weaknesses so that next time when you trade, you will know what mistakes you made that made you loss. Of course there would be times when you still loss because market is unpredictable but you can at least minimize it by having a plan of what to do if something happen. I myself loss higher than 40% but I accepted it and then trade again.
Well said , Lucky for both of you in my experience i lost not only 100% it is more than on it in my 1-6 months trading to lose all and i don't stop until i loss again what a difficult situation too make the long story short ,i started with al myself no guude nor help from the others thats why it was too hard for me in that times also i have no fast internet because i use to save it in browsing trading not in watching in youtube because it limited data only to consume.