Post
Topic
Board Trading Discussion
Re: Stop or continue trading
by
Hamphser
on 09/01/2022, 21:50:24 UTC
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Trading is not an easy crypto job. It needs knowledge, timing, strategy and patience. It depend on how you handle your trading and also on a kind of coin or tokens you have traded. If you are eager to continue trading, then just learn from your experienced and improve your strategy to avoid too much losses.
It's true trading is very complex and when we don't have anything better think well before starting to trade,
the risk is very big so it's not something easy,
Here we must prepare knowledge, skills and even mental well before starting to trade
Well, trading needs more focus and good strategies so you'll  be profitable in it. And if you think you are ready to return in trading, just make sure you have already enhanced your skill and build new strategies that will help you improve your trading so you won't be making the mistakes again. Because if you just want to come back just because you want to regain your losses without much preparation, i think this is not a good idea as you will only repeat making the same mistakes again and certainly add more losses on your previous trading experiences.
You would really be profitable but it would depend because not all the times people would really succeed on anything that they are dealing with specially on a speculative market on which it does involved lots

of trial and error which someone need to pass on before they could get a good grasp into this market.Whether you do succeed or not then there are really times which really makes you feel on quitting.

Stopping or continuing to trade will depend on you because you are the ones who is on good control towards your finances and you should make use of your common sense on making out decisions.