Post
Topic
Board Trading Discussion
Re: How To Overcome Losing Trade in Crypto
by
carlisle1
on 31/07/2023, 14:44:55 UTC

Easy to say but when you are already on the actual condition then this is where struggle and challenges would kick in on which it wont really be that simple it would be applied or as it sounds.
Discipline level on a certain person would be different because it would be mostly vary on someones experience towards the market on which it would really be just normal that they would really be basing up on what they have learnt on the past and would be applied into the present.If you are that kind of person on whose that patience and experience is less then you are really that susceptible when it comes to mistakes and errors plus having that greediness which would play out on the time you do see that making money would really be that so simple or easy but in the end of the line
you would really be saying to yourself that it wasnt that possible.
It was totally different because of our emotions that were triggered when doing a live trade. We can't escape from losing but we can do something to minimize it which is important. In fact, pro traders have no excuse and this is because of the volatility of the market. That is why trading couldn't assure a profit, many people had lost their money and their hopes. So therefore, even these influence are telling it was easy to multiply their money in trading, never make believe with because these people are not traders in personal, they are just promoters.
Big factor when doing a live trade, that emotion if you can't control it, the chance of losing is really high. You need to learn more about
managing your emotions, be prepared and have a backup plans.

Losing is part of the business. You just need to move forward and learn from what happened. Dwelling with such loss will not benefit you.

Either you quit and find other venue to earn or try back and see if you can adjust and create a better strategy.