Post
Topic
Board Trading Discussion
Re: How do you handle losses in trading?
by
deisik
on 30/05/2020, 19:39:22 UTC
Taking consecutive losses in trading has led to a lot of blown accounts

While it can be frustrating, it is not the end of the world

Trading is very much like gambling, but unlike gambling all your losses are paper only unless they become realized, i.e. when the position is closed. With gambling it is very different, and when your is emptied, it is the end of the world. Of course, trading shitcoins is not particularly different from gambling, but the difference is still one of kind rather than degree. Put shortly, seeing a few losses here and there is nothing for a seasoned gambler who turned to trading