Fear of losses is the reason you won't be in profits

By Ticktalker | ticktalker'sblog | 4 Dec 2023


Is normal to be afraid of trading after you’ve made a big loss.

57c1246122584af8aad21d788a47b680057343af1ad49a07bc711643a904b295.jpg

Especially when the losses affected your portfolio so well.

 

I experienced this few months back. Losing $1k in a day of trading meme.

 

But this is what happened.

 

-> I haven’t understood meme plays that much.

 

-> I wanted to hit it so big once, so I used $500 for a trade. Lolz

 

All of a sudden everything went down so bad that i have to stop trading.

 

What did I do.?

 

-> I stop trading for a while.

-> I went back to learn more on how meme works

-> started again with $100 to grow my confidence again.

 

So, if you’re in this shoe, try and hit the learning phase again.

 

Start small and grow back that trading mindset.

 

I know how it feels to lose money but that doesn’t mean you should stop trading because losing is part of it but let it be minimal.

 

In the end, more wins less losses..

Happy new week, have a profitable week ahead 

BTW, BTC be looking really nice at $41k, with my analysis, I will start shorting from $42k. NFA

Hope you learnt something today, I am ticktalker and I always post crypto/educative contents.

Making each day count in the world of crypto is crucial for success. Plan, research, and learn to stay ahead. Keep pushing, legends! 💪💯

Until next time, stay SAFU.

Please whatever is written in the article above is for educative purposes only. I am not a financial advisor.

Be sure to follow me and turn on the notification, to see more of my articles.

How do you rate this article?

19


Ticktalker
Ticktalker Verified Member

I am a comic relief content creator and web3 enthusiast, I write contents to share things I learn and research about.


ticktalker'sblog
ticktalker'sblog

Welcome to my blog fam, where I talk about everything web3, be it crypto, degen, defi and NFTs. Keep in mind that I am also a comic relief artist so you can always tune in here to relieve yourself of whatever stress web3 is putting on you through my contents.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.