Post
Topic
Board Trading Discussion
Re: Loss almost 40%, should stop trading or not ?
by
Kiweikoo
on 08/12/2017, 11:08:46 UTC
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?

Do you have an education in trading(real world or schooling preferably both)? If you do not know what you are doing is it not likely you will continue to fail?  Do you want to learn how to trade?  Losing helps you learn how to win but if you are increasingly unhappy it is because you are risking too much. 
Someone just gave the right answer for this question– which is simply that the op trades with emotion, and for that he should quit. But I will suggest to just quit for a while, and then go into learning more about trading and knowing how it really works. Another thing you should know is that trading is risky, and you shouldn’t expect to be winning all the time, no matter what, there are times you will lose.

Maybe you shouldn’t quit now, but follow whatever your mind tells you– If your mind says quit, then quit without looking back, or you may end up regretting it.