What is your plan when you lose big in crypto trading?

[_act_]

I cant even wait till when that comes to happen, why should i risk losing as much as the amount which i cant afford to lose, trading should be done with caution and we should always be well prepared in having anything that may comes after that, whenever i experience lose on my trades, what i do next is to ensure i work more harder to secure the future reoccurence by learning from the present experience.

[legend45]

I cant even wait till when that comes to happen, why should i risk losing as much as the amount which i cant afford to lose, trading should be done with caution and we should always be well prepared in having anything that may comes after that, whenever i experience lose on my trades, what i do next is to ensure i work more harder to secure the future reoccurence by learning from the present experience.

Every time I experience a loss in trading, I will make it a lesson and start to improve my analysis and predictions until I can get maximum profit because the mistakes I have made will be a bitter experience that I promise I will never repeat again.
In trading, risk management is needed, so that we can minimize existing risks and maximize profits.

[Themepen]

The application of small steps in the aspect of crypto trading is wise since it helps the trader to build a base of understanding as well as experience risk management at the same time. Periodically, we will gain more experience in how best to manage the game plan in a fluctuating market so when the worst comes to the worst we are better placed to handle it . Thus, using crypto trading strategies can be compared to a combination of persistence and keeping one’s head when all the rules change and constantly learning from each attempt. Risk is a companion of Life and it is wise if approached with a positive mindset and a synthesizing mentality we can exchange what might be loss, with gain and triumph.

I completely agree starting small in crypto trading is good decision. It helps traders learn and manage risks. As traders gain experience they will become better at handling unpredictable market. They will be ready for any challenges. Crypto trading requires patience and flexibility and constant learning. Viewing risks positively and thinking critically can turn losses into opportunities. This thing works beyond crypto trading. Entering in challenges and learning from mistakes helps us grow personally and professionally.

[royalRitta]

I cant even wait till when that comes to happen, why should i risk losing as much as the amount which i cant afford to lose, trading should be done with caution and we should always be well prepared in having anything that may comes after that, whenever i experience lose on my trades, what i do next is to ensure i work more harder to secure the future reoccurence by learning from the present experience.

Every time I experience a loss in trading, I will make it a lesson and start to improve my analysis and predictions until I can get maximum profit because the mistakes I have made will be a bitter experience that I promise I will never repeat again.
In trading, risk management is needed, so that we can minimize existing risks and maximize profits.

The most important thing is that you learn, you don't argue with the market, but gently put your emotions aside afterward and try things differently.
This behavior can only be applauded.

[taufik123]

Every time I experience a loss in trading, I will make it a lesson and start to improve my analysis and predictions until I can get maximum profit because the mistakes I have made will be a bitter experience that I promise I will never repeat again.
In trading, risk management is needed, so that we can minimize existing risks and maximize profits.

Risk management, capital management and how to regulate our psychology to make the right decisions when trading.
Crypto trading is quite complex and there is a lot to learn.

And Fundamentals will also be influential for trading, so when there is a lot of bad news it is not good for crypto and when there is a lot of positive news it will be good for crypto up.

Learning from every mistake and starting to improve yourself is indeed what must be done,
in order to make the trading experience better and can be profitable.

[UNIVERSE]

The most important thing is that you learn, you don't argue with the market, but gently put your emotions aside afterward and try things differently.

Don't argue with market? Sure, we must follow the trend in the market. We don't try to decide something opposite with the fact in the market. Regarding emotion, everyone must have good emotion control. There is no way to succeed if we can't control our emotion. A trader must have the ability of emotion control and money management. These are 2 crucial things in trading, this really have a big role in determining our success.

[lombok]

The most important thing is that you learn, you don't argue with the market, but gently put your emotions aside afterward and try things differently.

Don't argue with market? Sure, we must follow the trend in the market. We don't try to decide something opposite with the fact in the market. Regarding emotion, everyone must have good emotion control. There is no way to succeed if we can't control our emotion. A trader must have the ability of emotion control and money management. These are 2 crucial things in trading, this really have a big role in determining our success.

Market orientation always makes sense because the market itself follows certain dynamics that are frequently unpredictable for the majority of participants. Again, the greatest control in trading is very much within our sphere of influence- in how we behave to the dynamics of the market. That is where one is able to control the fear and greed as well as the discipline of good capital greatly contributing to the final outcome. When strategy is compounded with self control, we shall be in a vantage position to make sound decisions that are free from bias circumstance and emotion and make resultant trades with precision as planned.

[electronicash]

The most important thing is that you learn, you don't argue with the market, but gently put your emotions aside afterward and try things differently.

Don't argue with market? Sure, we must follow the trend in the market. We don't try to decide something opposite with the fact in the market. Regarding emotion, everyone must have good emotion control. There is no way to succeed if we can't control our emotion. A trader must have the ability of emotion control and money management. These are 2 crucial things in trading, this really have a big role in determining our success.

Market orientation always makes sense because the market itself follows certain dynamics that are frequently unpredictable for the majority of participants. Again, the greatest control in trading is very much within our sphere of influence- in how we behave to the dynamics of the market. That is where one is able to control the fear and greed as well as the discipline of good capital greatly contributing to the final outcome. When strategy is compounded with self control, we shall be in a vantage position to make sound decisions that are free from bias circumstance and emotion and make resultant trades with precision as planned.

when you are just in the spot market, you don't really lose big in trading but when you lost a large amount of money in crypto trading then most probably the trader is on futures market. self control in this sort of market can be hard to control really.  sometimes they tend to just enter into a position without even realizing why.

if i lost in futures market, i might stop and stick to where its less risky trading strategy. that's gonna be a plan and just stock up satoshis til bull run.

[malah]

The most important thing is that you learn, you don't argue with the market, but gently put your emotions aside afterward and try things differently.

Don't argue with market? Sure, we must follow the trend in the market. We don't try to decide something opposite with the fact in the market. Regarding emotion, everyone must have good emotion control. There is no way to succeed if we can't control our emotion. A trader must have the ability of emotion control and money management. These are 2 crucial things in trading, this really have a big role in determining our success.

Market orientation always makes sense because the market itself follows certain dynamics that are frequently unpredictable for the majority of participants. Again, the greatest control in trading is very much within our sphere of influence- in how we behave to the dynamics of the market. That is where one is able to control the fear and greed as well as the discipline of good capital greatly contributing to the final outcome. When strategy is compounded with self control, we shall be in a vantage position to make sound decisions that are free from bias circumstance and emotion and make resultant trades with precision as planned.

when you are just in the spot market, you don't really lose big in trading but when you lost a large amount of money in crypto trading then most probably the trader is on futures market. self control in this sort of market can be hard to control really.  sometimes they tend to just enter into a position without even realizing why.

if i lost in futures market, i might stop and stick to where its less risky trading strategy. that's gonna be a plan and just stock up satoshis til bull run.

While, in the spot market, the losses cannot be enormous, the future market is more attractive to risks as many people who have trading in cryptocurrencies know very well. There is no self-control in this futures market because greed to open the position without analyzing the market often looks like. If it is the case, then the measure to take would be to either move out of this cycle which is bearing high level of risk, but offer much safer, and hold then until the bullish run appears again for storage of satoshis.

[LUCKMCFLY]

While, in the spot market, the losses cannot be enormous, the future market is more attractive to risks as many people who have trading in cryptocurrencies know very well. There is no self-control in this futures market because greed to open the position without analyzing the market often looks like. If it is the case, then the measure to take would be to either move out of this cycle which is bearing high level of risk, but offer much safer, and hold then until the bullish run appears again for storage of satoshis.

For me, futures trading is quite challenging, we have to consider many things, trading is much faster, the fundamentals change and that is something we must consider, personally I am a person who will always have as a base the most important things such as study, until now I have not dared to trade futures, I am only with forex and binary options, but I know that by learning to operate there I can do better in futures, futures is not gambling, it is risky and also delicate, that is what should always be considered.

[Primo1760]

We know that not all plans can go smoothly as we wish...A backup plan for the possibility of something worst happening must be there... so what is your plan when you experience a huge loss in cryptocurrency?

Here we can exchange ideas for preparation if the worst comes to us.... considering it I think it's not a bad idea.

Trading platform should always trade with small risk Trading platform should never trade with large risk. Losses are normal in trading platforms, so trading should always be done keeping in mind the loss. I always trade my money in three to four parts on the trading platform. I never buy and sell the entire balance at once while trading. And even though I make losses on my trading platform, I trade in a small range due to which I can control myself very easily. So I always say that while trading it is better not to use too much money but to use an amount that you don't regret losing.

[21Pilots]

Trading platform should always trade with small risk Trading platform should never trade with large risk. Losses are normal in trading platforms, so trading should always be done keeping in mind the loss. I always trade my money in three to four parts on the trading platform. I never buy and sell the entire balance at once while trading. And even though I make losses on my trading platform, I trade in a small range due to which I can control myself very easily. So I always say that while trading it is better not to use too much money but to use an amount that you don't regret losing.

In trading as businessmen, it will be very important to always make sure that the loss is small and that loss is alwas part in the equation. You know the divided partition of capital enables us not to lose huge amounts of money at once doing which makes us calm when dealing with fluctuations.

Therefore, the only way to keep any form or type or degree of control is to very well set our limits when using the funds and keep on saying to our selves that the amount will not make us regret if lost. This principle makes us be rational and disciplined when addressing each trading outcome.

[Mr. Magkaisa]

        -      We all know that in trading we cannot face losses, and that is normal for an individual trader as long as we don't always lose. Because it will appear that we are not improving in the learning we do in the trading activity we do in the crypto space.

So if we lose, let's face it, then move on, and let's use our defeat to enhance our trading skills even more in our trading activity, right? That's the only basic thing that we should not forget as traders.

[bayu7adi]

We all know that in trading we cannot face losses, and that is normal for an individual trader as long as we don't always lose. Because it will appear that we are not improving in the learning we do in the trading activity we do in the crypto space.

So if we lose, let's face it, then move on, and let's use our defeat to enhance our trading skills even more in our trading activity, right? That's the only basic thing that we should not forget as traders.

Repeated defeats do not mean that we do not improvise, but sometimes market movements are beyond our control, so even though we have improvised in such a way, it does not guarantee that we will win in trading continuously...

If we lose completely, there is no more money to trade, meaning there is no more learning that we can do... it takes a long time to recover and some people will even feel traumatized so they are afraid to trade again.

[sagarmota10]

Only one plan is good for all trader is take rest for few days and come back with confidence and patience bcz in trading or investing mind set is more important while do trading.