Post
Topic
Board Trading Discussion
Re: Persevering Through Crypto Trading Losses
by
Hamphser
on 22/06/2024, 17:59:23 UTC
Everyone who trades will of course experience losses in the trades they make either because of mistakes they make in analyzing or because they lack knowledge about an asset they choose to trade and for those who are just starting out, of course this is very normal and good for them. they use it as a lesson so that they no longer repeat the mistakes they have made in trading so that they will be able to make profits in trading and if someone continues to experience losses, of course they will not learn from the mistakes they have made and it would be better for them to try other options. in crypto is like making an investment and this has a slightly smaller risk compared to trading.

Yes, you may be right. sometimes one has to try other things to find out where their luck and skills lie. Being persistent in studying is certainly important. Not giving up easily is the key to success. In investment it is also the same, persistence must be the main characteristic to be successful.
No one becomes an expert in any field without studying and diligently. if it fails then repeat, if it still fails, then repeat and improve again. every failure provides a lesson.
This is a principle that we must adhere to, don't give up easily on something, be willing to try new things and also continue to learn without limitations. If we can do this then I have confidence we can achieve success.
Traders who are now professional traders will also experience the same process, feeling failure is a normal thing in my opinion. But they keep trying and fixing what went wrong in their previous trades so they have to experience failure. There is no instant process in this world, everything takes time in the process. It will depend on us, whether we will be able to get through the process, or we will be the ones who give up halfway.
You should really be putting up into your mind  that if other people could be able to do such thing then why cant you? This is something that i would really be always having in my mind if ever i would really be having those hard times then i would really be just that simply thinking up those thoughts and would really be that tending to continue further instead of quitting. Only losers quit up easily on which we know that trading is never been easy or something that would really be that too challenging. Loses are inevitable and if you are someone whose really that easily giving up then after a few loses
then you would definitely be quitting on the moment that you would be losing and this is something that would really be not that good not unless if you've been trading up for so long but still
ending up on being unprofitable then it is really just that right that you should really be quitting up.