Losses can't be avoided but we can minimize it into almost zero.

[kachinna]

The target of every trader should to reduce losses. It cant be avoided, it is part of the business. So it is important to apply everything possible to reduce your trading loss exposures. Because you can never run away from it.

[Mr. Cid]

Well, this whole crypto investment is unpredictable and risky, right? I just think that if we want to stick to our plans, there should be no regrets and what-ifs.

There is no perfect trading, and we can encounter a problem along our way.

[Trader_Rob]

Well, this whole crypto investment is unpredictable and risky, right? I just think that if we want to stick to our plans, there should be no regrets and what-ifs.

So I guess it really just depends on our preferences and trading style. It is good to see the pros and cons of a certain strategy. It allows for an informed decision.

[Sendo12]

But this strategy also has its cons. For instance, if by the start of the day you already reached the limit of your losses, that would mean no more trading activities for the rest of the day. But what if profitable opportunities emerge by the end of the day?

Well, this whole crypto investment is unpredictable and risky, right? I just think that if we want to stick to our plans, there should be no regrets and what-ifs.

[Aya]

It is still hard to minimize our losses to almost zero. What we can do, and which we have control over, is to put a limit on our losses. WE stop trading for the meantime if we reach that limit.

But this strategy also has its cons. For instance, if by the start of the day you already reached the limit of your losses, that would mean no more trading activities for the rest of the day. But what if profitable opportunities emerge by the end of the day?

[Sendo12]

It is still hard to minimize our losses to almost zero. What we can do, and which we have control over, is to put a limit on our losses. WE stop trading for the meantime if we reach that limit.

[Newbie_trader]

Market noise is one of the reasons why most of us cannot control our emotions. Sometimes the market predictions made by acclaimed experts are misleading.

Keep in mind that the analysis is just a market prediction. No one really knows the possible direction of trading instruments.

[AbdulShiek]

We can never avoid it, but we can do things that could minimize our losses. First, we should practice a lot. Second, avoid unnecessary trading activities. Third, know the importance of SL, TP, Margin call and profit target. Finally, it is recommended to control our emotion at all times.

Market noise is one of the reasons why most of us cannot control our emotions. Sometimes the market predictions made by acclaimed experts are misleading.

[Mr. Cid]

Planning is very important as it guide us of what we do in next. Losses can't be avoided but we can minimize it into almost zero. This is a part of crypto life and we eventually experience that before we succeed and the good thing is that, we learn a lot from that.

We can never avoid it, but we can do things that could minimize our losses. First, we should practice a lot. Second, avoid unnecessary trading activities. Third, know the importance of SL, TP, Margin call and profit target. Finally, it is recommend to control our emotion at all times.

[Juskopo]

Planning is very important as it guide us of what we do in next. Losses can't be avoided but we can minimize it into almost zero. This is a part of crypto life and we eventually experience that before we succeed and the good thing is that, we learn a lot from that.