Post
Topic
Board Trading Discussion
Re: Loss almost 40%, should stop trading or not ?
by
Colt22
on 09/05/2018, 23:52:36 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?
You are maing a bigger mistake that you sell at low and that is the thing which make you lose bigger. If the price drop then it do not mean that it will be there forever biut the price once again start to increase. If you will wait then you will not lose.