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 quite different, and when your balance is wiped out clean, it is the end of the world of sorts. Of course, trading shitcoins is not particularly different from gambling in terms of financial result, 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
The thing here is that you do still able to have that potential comeback or recovery since you do still own those coins that you have traded which means it not totally a loss or completely wipe out but somewhat
you are holding some less value coins but you can choose to hold em up and this is the difference between pure gambling.
Its not necessary for us to have those lots of mistakes or losses for us to learn.While we are on the process of learning, we should try our best to minimize the risk as possible.
Handling out losses might vary one each individual because not all would really have the same level of understanding and emotional aspect.
If you're in the spot market you can possibly regain you're lost by buying some cheap tokens that have the capability of making yourself a comeback but if you are on a future market and you are wiped, It's sad because you totally lost your capital in it.
You're right, It's not the end of the world if you lose on a trade. We, humans, keep learning new things that we can apply on another repeated process, Just be positive about your loss. It's better to gain real experience in losing to make yourself more determined on your next trades. Remember that no trader has a 100% accuracy on their trades, Every trader experience losses. Weather it is a trading guru, A full time trader or a Pro trader.