Post
Topic
Board Trading Discussion
Re: Loss almost 40%, should stop trading or not ?
by
Scavagers
on 11/05/2018, 09:00:20 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?
Okay so you just did the exact opposite of how it should be done? I know some one who did the same thing, he bought high and sold it in a low price and what happened after is he blamed cryptocurrency and stopped using it. In trading, not all people succeed so maybe you are part of them, but if you think positively, you can correct that mistake and you can get over it. You can gain that 40% loss back if you will try your best to become better at trading, and also do not use your emotions.