100 tips How to deal with major massive losses

In this article you will learn the following

-40 tips on How to deal with financial loss – most of the strategies given are for amateur stock-market players and investors

-11 sound coping strategies to manage your investments in stocks – you need to Learn and practice

-7 dysfunctional coping strategies – you need to Learn to recognize the that you might be getting trapped into

-18 Ways to cope with losing a loving relationship – read my 30+ detailed articles on how deal with break-up, how to make your relationship better and how to deal with toxic relationships etc.

-8 Ways to mentally bounce back after losing your job – read my detailed 6+ articles – what to do if you lose your job and are not getting any

All of you would have gone through profound sense of loss in your life multiple times – these can even get triggered through the very natural and common changes like - changing your school, relocating to other cities, moving out of your parental and family environment for job or studies, retirement, loss of friendship, natural death of your pet etc.

Many of the losses that we face - can also instill feeling of grief and sadness- like losing your job, loss of your financial nest and security, separation or divorce, miscarriage, discovery of serious illness for you or your loved ones and death of someone you were attached with.

It is perfectly normal to grieve any loss – especially if the person, the pet or the relationship or cause of loss was significant to you and left a void within.

When you allow yourself to feel the negative emotions [resulting from your loss] fully and are able to complete the grief-cycle as per your nature [everyone's grieve ways, method and time is unique] - you would be able to move-on effectively in a healthy manner - from your pain, grief, loss and sadness.

When you deal with your loss effectively - you will be able to find new meaning in life and can even make your life more meaningful.

You have to understand that irrespective of the type of loss you have suffered - you would discover most suitable and healthier ways to cope only by understanding the stages grieving - as there is no one right or wrong way to grieve.

Grief is the emotional suffering which happens when you lose something that has a deep attachment with you.

When experience grief and sadness as well as void and emptiness – You may have all kinds of very highly negative feelings which are difficult to deal with – making your pain of loss overwhelming and would disrupt your daily routine.

The greater your loss - the more intense your grief will be - these can be in form of shock, anger, disbelief, guilt - all of these are natural reactions to loss - which happens automatically.

4 Types of financial losses you can incur in stock-market - Major financial losses can affect you professionally, relationship wise, emotionally and physically

• 1.Capital losses - this happens when you sell one of your capital assets - less than what you paid while purchasing
• 2.Opportunity losses - like you bought a stock a few years back and it is still trading at same value
• 3.Missed profit losses - this type of loss results when you watch a stock make a significant run-up then fall back – and the money you would have had if you had just sold at the top - this happens frequently with volatile stocks or in economic turbulence
• 4.Paper losses - if your stock has fallen but you are still remaining invested waiting for it to bounce back – real loss will take place when you liquidate at lower rates

40 tips on How to deal with financial loss – most of the strategies given are for amateur stock-market players and investors

• 1.Investigate the root cause - assess where you went wrong and learn from the experience
• 2.90% of loss can be attributed to two factors - lack of education (20% of the time) and lack of emotional control (70% of the time)
• 3.Take urgent measures till you are able to rebuild your finances
• 4.Reduce your expenses till you get back on track
• 5.Increase sources of income
• 6.Take a personal loan - if it is absolutely necessary and it won't make you more stressed
• 7.Learn to turn your financial loss into an opportunity
• 8.Do not take any impulsive action
• 9.How to recover from a big trading loss
• I.11 sound coping strategies to manage your investments in stocks – you need to Learn and practice
• II.Become aware - if you happen to trust wrong people or tried your luck based on hopes and prayers
• III.Understand and accept - that no matter how much due diligence you do - some investments will go wrong and you will end up trusting wrong people as - there are incompetent, unethical, and dishonest people in the industry and even an evolved and knowledgeable person can fall victim to a scam
• IV.Ask yourself - did you lose because of your greed of making big money fast - which made you blinded to the facts and risks staring at you
• V.Understand that the stock will go up or down based on forces in the stock market, your stock's underlying basics as well as fundamentals and its future prospects.
• VI.Transfer all the money from your trading account to your bank account - to avoid gambling mindset taking over and making you go for desperate trading or banking on your luck turning out in your favor if you do large number of trading
• VII.Take a break from playing the stock market - stop tracking the market - stop discussing stock market with anyone
• VIII.Accept the loss - loss in stock market is just like losing your pet whom you will never get back - similarly you will never get the same loss
• IX.Build a better process - if you must trade and deal in stocks - manage risk aggressively
• X.Get hold of your emotions when you are feeling low, don't withdraw from social contact, rather fight this tendency and seek out emotional support from your loved ones
• XI.Even speaking to a professional counsellor may help to get a better perspective about your financial loss.
• 10.7 dysfunctional coping strategies – you need to Learn to recognize the that you might be getting trapped into
• I.Are you blaming it on someone or something else rather than taking responsibility for your own poor decisions or thoughtless and reckless risk-taking
• II.Are you living in denial or unrealistic hopes that - even if you have bought a dud - it can somehow miraculously go up again - market never works that way
• III.Are you letting your financial problems and loss-induced distress - making you taking it out your frustrations on your family, colleagues, or friends and ruining your personal and professional relationships
• IV.Use stop loss orders to automatically exit a position and take a loss when a stock turns sour
• V.Are you holding stocks with large losses on the assumption that stocks always rebound
• VI.Are you refusing to take responsibility of your role in loss
• VII.Are you letting your ego [of accepting that you have made error in judgement] come in the way of - making you sell a stock at a loss
• 11.Knowing when to bite the bullet and accept your capital losses -by selling your stock at a loss before those losses get bigger
• 12.Understand and accept that hope is can never be a strategy - you have to have very logical reason to hold a losing stocks
• 13.Create and have reasons to sell a stock- you may have quite a few reasons for buying a stock
• 14.Set stop losses to prevents your emotions from taking over to limit your losses in times of volatility -once the stop loss is in place - do not adjust it as the stock price moves lower- instead adjust the stop price when shares are moving higher
• 15.Every 3 months - for all the stocks you hold - ask yourself - would buy this stock in case you did not have this stock - if the answer is no - sell it off immediately
• 16.Analyze your choices - review the decisions you made - ask what would you have done differently in hindsight and why
• 17.8 areas to Get educated on – to understand the stocks and trading
• I.How to have and use tax-loss harvesting strategies
• II.How to cope with an unrealized loss
• III.When to sell investments at a loss
• IV.When to stay the course and remain invested
• V.How to make your portfolio more resilient
• VI.How do you protect my retirement savings from stock market losses
• VII.What strategies can you use to avoid losing money on the stock market
• VIII.Now how do you deal with your personal loss - so as to come out of it without letting it break you.

18 Ways to cope with losing a loving relationship – read my 30+ detailed articles on how deal with break-up, how to make your relationship better and how to deal with toxic relationships etc.

• 1.When a promising relationship turn -toxic, abusive, dead, violent and disempowering one
• 2.Get out immediately - once you recognize the signs - as a healthy relationship will make you grow and will have mutual respect, fulfillment and loving-care
• 3.Toxic relationships will have drama and tantrums and emotional blackmail on a regular basis and will be harmful to your other important and close relationships
• 4.Although it is most difficult - if not impossible to let go of toxic relationships than healthy ones
• 5.Understand that our memories lie to us and convince us that everything was totally awesome back then, even though it wasn't
• 6.Surround yourself with people who love you and appreciate you for who you are
• 7.Invest in your relationship with yourself - start loving yourself
• 8.If you lost an intimate relationship, don't be afraid to stay single for a while
• 9.Understand that to be healthy, functioning individuals - all of us need to feel good about ourselves - one of the ways this happens is through creating meaning in our life
• 10.We generate meaning is through fulfilling relationships - because our relationships don't just give our lives meaning, they also define our understanding of ourselves
• 11.When one of these relationships is destroyed - that part of your identity is destroyed along with it - and if it added more meaning the more devastating the loss will be felt in the event of your losing it
• 12.With each significant relationship loss - there would be a feeling of emptiness
• 13.The healthy response to loss is to slowly but surely construct new relationships and bring new meaning into your life - but only after you have healed from your earlier loss
• 14.The unhealthy response to loss is to refuse to admit that part of you is dead and gone. It's to cling to the past and desperately try to recover it or relive it in some way. People do this because their entire identity and self-respect was wrapped up in that missing relationship.
• 15.They feel that they are incapable or unworthy of loving and meaningful relationships with someone or something else going forward.
• 16.Ironically, the fact that many people are not able to love or respect themselves is almost always the reason their relationship failed in the first place.
• 17.Be kind to yourself while facing the situation - when you avoid thinking about the negativities and danger signs - it not only makes it worse— but also keeps you stuck when you could be working on solving the problem - awareness is the first step to change. Be willing to face the problem and find solutions
• 18.Stop living and feeling like a victim

13 tips on Coping with general losses – read my few detailed articles on dealing with various different massive losses

• 1.Ensure that you stick to your schedule, even in small ways - don't have enough time to do your everyday exercises - just move yourself a little while bathing or stretch while sitting or lying on the bed and do breathing exercise while working, write a paragraph if you can't write whole blog
• 2.Focus on what you can work with - take actions within your area of control
• 3.Create your environment for success-the things that are on your desk at work, the pictures hanging on your wall at home etc.
• 4.Start caring for yourself
• 5.Let yourself feel your emotions - turn to people who care about you most
• 6.Share with someone whom cares for you how you feel
• 7.Grieve the way you want - don't let anyone tell you how to feel - everyone deals with loss differently and there is no "normal" timetable for grieving

8.If you believe in the myth that you pain will go away faster if you ignore it - truth is this ignoring will only make it worse in the long run -for meaningful sustainable healing - you have to face your grief and actively deal with it. 9.Understand that feeling sad, frightened or lonely is a normal reaction to loss and crying does not make you are weak 10.Showing your true feelings can help you and your loved ones - falsely putting on a brave front to protect your family is more harmful for every stakeholder 11.People express their sadness through many ways -crying is a normal response to sadness, but it's not the only one 12.Seek help in case you realize that your grief has turned into depression 13.Give yourself adequate time and attention - be supportive for others going through loss

8 Ways to mentally bounce back after losing your job – read my detailed 6+ articles – what to do if you lose your job and are not getting any

• 1.Allow yourself time to grieve, but try not to dwell - within couple of weeks bounce back to creating a plan of how you will get a new job soon
• 2.Understand that the longer you wait to begin to make a plan, the more difficult it may be to get back into the workforce.
• 3.Create a disciplined routine- a routine could include making a morning beverage, taking a scheduled lunch break, and perhaps leaving the house to job search during normal work hours
• 4.Identify and assess your marketable skills - find out if your skills have become outdated
• 5.Use this setback to explore new opportunities - like changing your field or exploring how you can market your skills better without being in a job
• 6.Check if your expectations are realistic - be willing to try a different approach
• 7.Expect and ignore rejections - use the rejections to create changes to do better next time on a progressive scale
• 8.Network and ask for help - from your various contacts on your professional as well as social media