Post
Topic
Board Trading Discussion
Re: Loss almost 40%, should stop trading or not ?
by
royale143
on 09/05/2018, 22:23:07 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?

I would still suggest for you to continue, but before doing that, you should take a step back and see why you had those losses. It's not easy to soldier on, especially if you lost that much, but then, you have to actually think that if you won't go on: (1) How are you supposed to get back what you lost? (2) Would you just leave it like that and go out of this market like that? (3) Most of us learn by our mistakes and from our losses, therefore, you should consider that as well; and (4) It is a good opportunity to appreciate the market and the craft of trading more. Just my ideas mate.