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There are no experience mate ;D you lose  as a beginner to become a stronger trader  :) so for everyone out there thinking of QUITTING QUITTING is not the option here just keep learning  till you  can say "Gone are those days " ;D

Have you started to sing the song of gone are those days?  ;D Yes trading can be frustrating not only for newbie but for old traders who are still struggling with finding a trading pattern because you may not be a newbie but you are still as inexperienced as a newbie and allowing your emotions to have a better part of your trading. Trading can confuse you that you want to be depressed but if one is finding it difficult you can take a break and relearn yourself by correcting the mistakes that you have made and your coming back will be better

Almost 90% traders failure in trading. So if you're just a beginner you should have to expect the you will experience a couple of loses in trading and sometimes what you didn't expect to happen will happen. There are days that you will be in a very stressful situation and you should keep fighting and focus on your goal in trading. Always remember not to force trade especially if your emotion is in control. No matter what happens, always follow your trading plan and risk management.

Well it takes time  to sing that ;D


Exactly  Trading  is always frustrating as a beginner  but there's a saying that "tough time never last " so it's just better to keep learning from your mistakes as pallel 11 have said. Come back stronger every time you get defeated  as that the only way to sing that song ;D

This should not mean that beginner traders should keep losing money in the name of trading. Losing money does not mean that you are at the track of making money in the end. You can lose money and keep losing money if you are careless.
The best thing to do is to learn to trade very well before trading and you can start off with a demo account so that you will not lose money.
Again, trading is not for everyone. I repeat, losing money now is not a sign that you will make profits tomorrow.

If someone trade, lost money, but sill losing money after like 2 years, I will advice the person to quit trading and just invest in coins like bitcoin after bear market. Let me tell you something, I have been trading for over three years now and I know some of my friends that are traders, you can be successful in trading but some people will keep losing. There are other ways to make money than to do something that is very risky. So people are not just meant to trade if they do not use the correct strategies.

Sure trading is not for everyone  some just want to remain  ;D but some will strive to move forward that's the fact

It all depends on the person and their conviction. If someone keeps making same silly mistake and he knows it everytime he is on trade and eventually losses his money and it repeats again and again everytime he comes back, what he needs is emotional courage to get on strong and to correct that single mistake. If we read the story of some traders, it is always like that, they never got it right even in two years of trading. Some of the big traders where disregarded by their family because they believed in themselves and got the final touch that revolutionized their trading story. It is about the persons conviction and not what we advise them to quit after two years of losses.

Those who learn even after suffering a few defeats are the ones who will eventually become the victors.(Provided they learn from their experience of defeat.) And those who give up after a few defeats are the real losers and have wasted experience. But those who continue to experience defeat on an ongoing basis then they are people that cannot learn from experience.

Well, when I was still trading, I experienced a lot of defeats. But I made the defeat a valuable lesson that I made as material for me to examine more deeply. I researched the causes of my defeat and I found various kinds of flaws in my previous strategy. and I started fixing it. And every time I experience defeat then I repeat the previous steps. That is studying the cause of the fatigue. So I continue to perfect my trading strategy. So that I can survive as a day trader until now. And can provide for my family. But to be honest in trading nothing is perfect with continuous profit. Because I personally sometimes experience defeat. It's just that the number of profits must be greater than the number of losses. So we have to maintain the profit percentage to be much higher than the loss percentage.

I believe everyone can do it if they keep learning and don't give up. It's just that we must not be careless and hasty in learning everything. We must study it slowly and carefully.

Yes, like me I want to continue to trade. It is wise for anyone that keep losing and wants to learn how to make profit to start using no leverage and if he has enough money, he can use averaging.

Trading is beyond emotional courage. I will advice those traders that keep losing to use the amount they will not develop emotion with to trade.

If a trade do not get it in two years, the trader should quit and do something else.

It is expected of every beginning to avoid trading while they are still learning, they can create some demo account while they are getting used to the whole process, it's not a must they everyone must learn it the hard way, we can go soft and slowly with learning and developed perfect trading skills, by then we would have known all they trading types together with the indications to look out for while taking a trade leverage position, yet we should also know that trading has risk, but we can reduce them to the bearest minimum level if we know what we are doing.

This is not always true, some beginner traders who have started the right way from following a good mentor and practicing for long in demo trading, they may actually record some success when they start trading and not as many losses as you predict. It is one thing to start trading and another thing to start trading right. A big part of why some new traders loose within their first months of trading is because they were not patient enough to start trading right, they hurried into trading without enough knowledge and no borrowed experience.

The market does not know whether you are a beginner or not, What the market recognizes or accepts is doing the right thing at the right time, Boom! You would see yourself making profits even as a newbie. However, experience graduates you into becoming better and more profitable. Therefore, you don't lose because you are a beginner, rather you lose because you are applying the wrong strategy.

When we enter a class room without learning a lesson then we are in tension that how we will obtain a good marks so same is with trading that when we enter for the first time so lack of knowledge can be disgrace for use but we should not stop there because its a first step towards success.

Philosopher does not achieve their rank from start, officer aren't officers initially and a successful traders are not like this by birth but they follow rules and regulations after their mistakes so hard become ease for them.

Everyone passes the stage of beginners but we are unaware of their losses and hardworking because we have seen them when they become successful so remember that you can obtain everything but on time when you worked hard then your time will start to get what you wants.

This is quite funny but it is the reality. For you to be a winner tomorrow, you must be ready to learn now and accept your loses or else, you may be surprised of seeing yourself quiting. Quiting is not the better way for us to leave the market because we are becoming a loser. A loser today can become a winner tomorrow that is why we need to work and learn the way others are using to keep making profits.

 We need to make profits for us to be a winner. Those that are winning now are the ones we are celebrating and no one cares about those time when you are hustling and working hard to be a better trader. We should keep doing that time that is always giving us results and the more we do it, the faster we can become a better trader that keep winning.

Good thing that it is now gone but how far have you lose t how expensive it was to learn from it? I hope it wasn't that huge and if it is then I hope that it has already been in a win now or at a breakeven. Trading is a lifelong learning process too so you need to keep up especially within the trends.

Trading is not really easy, and every beginner has to pass through the hard times, but if you don’t give up and you keep on learning, then you will end up being a professional trader. Trading is not what you start and you will be expecting profit immediately. Most beginners always lose money when they start learning how to trade. It happened to me when I also started trading. I learned how to trade in a hard way because I had no one close to me to guide me. I was learning how to trade from videos I watched on YouTube and pdf books, which wasn’t really easy for me. I wanted to give up, but I was lucky I didn’t give up then. I know trading is not really easy, but if you are dedicated to learning how to trade, then you will definitely learn it.

This is the right approach, you can't make a profit as a newbie and you could make some here and there as a lucky stuff but overall it will be a loss. The ones who make some good money as a newbie at the start will think that they are great and after a while they will lose all of it, it is just not that possible unless you started at the greatest moment of bull run.

There were some people who bought Doge at the bull run because of Elon Musk, and made a ton of money, and thought they were great traders, if they kept going, they all lost their money. I think that should be an important thing to realize, and I would guess that it will not be a simple one one the long run neither, it is just not happening at the moment.

It's okay to quit because if trading isn't for you, you know it. In fact, most of the traders are even losing and this isn't just for those folks thinking that they can quickly cash money unless they've been here for so long and are already experienced. But honestly speaking, those beginners that are starting to trade, if you're thinking of doing this as a business, you'll have to go through a lot of losses before you'll actually start making money. It may be harsh and hard but that's really the process of trading don't be too gullible with those people sharing their wins if they are not even sharing their losses.

Everyone starts on being a noob and to those people who are considered to be professional or experts/veterans of this market arent really that excluded nor being exempted in speaking about loses and mistakes.
It did really just turn out that these fellas does have that sufficient experience and knowledge towards this market on which it would really be just that so normal that they would really be having the upperhand.
As a noob then you are really that prone or susceptible when it comes to lots of mistakes and errors basing up on the knowledge you do have which is really that lacking or not sufficient but until the time comes
that you do able to acquire those things then for sure you would really be starting out to see the relevance and sustainability towards this unpredictable space.

One we do decide on being a trader then self acceptance and perseverance and patience would really be playing a big role. You should have that control of emotions on which it wont really be leading you
into that kind of option on which you would be quitting just because you cant bare out on the risks. You wont really be seeing yourself getting progressed if you do have this kind of quality.

Normally, being a professional trader is not easy, and even those who are already professionals still lose money, but they have a better chance of getting money than those who just join trading without the fundamental knowledge of trading. That is why, as a beginner, you really need to pass through a lot and focus on learning how to trade before joining the race because it is not really easy. Trading itself is something that you must have control over your emotions over. If you cannot control your emotions, then definitely trading is not for you, and you are at high risk of losing your money, which also applies to professionals.


I don’t see anything bad if someone decided to quit trading. If trading doesn’t work for him and he keeps losing money, why won’t he or she just quit? Maybe they can invest their funds in bitcoin if that will help them, and again, he may not be ready to learn the skills in trading. You know, it’s not easy, and all those technical aspects of it also need to be learned.

Sure learning in trading never stops even when you are an expert you still need to learn from your simple mistakes

Not every individual trader has to lose in the beginning, experience has been playing a part in trading from the very beginning so there's something called experience and you can get it from your personal experience or from others experience. Many traders has used other individuals experiences and it has worked for them in the past and it'll also work for them in the future. When you join your experience with that of others that are more advance than you when it comes to trading, you'll succeed.

Not everyone will be a trader so if you have tried and still not having a breakthrough then you should consider quiting and look for other means of earning from the industry that'll work for you. Maybe you would be good at spotting good investment at their early stages.

As I've always said experience or mistakes or failures are your best teachers no matter what, if you haven't experienced it, it is really difficult to understand it or sink it in your mind, but repeated mistakes are another work which we shouldn't do frequently. also quitting or thinking of it is part of learning trading, it is just to prepare you if you can still continue or quit, It is just a trial if you pass on then for sure you'll future is bright. Again trading is not a stagnant knowledge you keep learning over time.

It is true that by practicing, someone can easily understand it better and start to become a successful trader, but that doesn't guarantee that once they lose a certain amount of money, they will start making profits from it. I don't really know about you, but if anyone continues to lose money in any type of business he or she is doing, no matter how hard it is, it will be discouragement, and that is why many cryptocurrency traders warn newbies to stay away from trading because of how difficult it is to make money from there. Trading is not where you just put your money and expect to make profits; it really takes hard work, and someone has to be very good at technical analysis.
 
Experience is the best teacher, but despite that, I will not advise anyone to continue trading when they are losing much money often over trading. It will be better to stop trading for some time first and gain more theoretical knowledge.

I'm not saying they shouldn't quit if it's ruining you everyone has where he's good at , but QUITTING  as beginner who just lost because ithis or her first time is not a choice for me

Quitting will never make you a winner. If you refuse to move forward from your mistakes and losses in your initial trades, then it’s like you accept yourself that you’re not really bound to be a successful trader. Always know that those successful traders today have started from scratch way back then. They endure a lot of losses and frustrations that made them stronger and more motivated to win and be successful. And from beginner traders, until they become pros and veterans in trading. And that’s when they can say, gone are those days where they consistently lose and suffer, now it’s time for them to reap their hard work and dedication in trading.

I agree with that. About the biggest reason why beginners experience more losses when they first enter trading. Well, the reason is actually almost the same, namely beginners are always impatient and always act in a hurry. Sometimes even beginners already have insights that they have learned before they start trading. It's just that their mentality is not yet strongly formed. Because a strong mentality and strong patience can be formed as a result of learning from experience. So it can be said that theory alone is not enough. Because the real lesson is sometimes obtained from a direct experience in the market.

Honestly it's usually tough as a beginner trader because of numerous numbers of losses incurred and accounts liquidated, infact a beginner do jump from one trading strategy to another in bid to find an edge over the market, however it's never the strategy but the trader ability to manage risk, psychology and discipline, I had experienced losses that almost prompted me to quit trading, however I do take a break and return after some series of research, trading is not easy it takes a lot of learning the chart patterns which is Technical Analysis and getting updates of fundamental news which comes with years of experience thus 90 % of losers are mostly newbies.

If you don't learn much about trading and only rely on your current analytical skills, making a profit will be difficult.
The current crypto market has changed a lot and if you still don't want to learn more, you will miss the moment to make a profit, especially when the bull run comes.
Indeed, as beginners, we will often experience losses, but if we keep learning a lot, I'm sure we can benefit because we are trying to improve our ability to analyze the market.
Don't stop before you achieve your target and don't give up too early because maybe your next steps will determine your life changes.
Turn the mistakes you made the previous day into valuable lessons for you to be more advanced than the previous day.

Basically in trading or when someone wants to start getting into a trade then there are indeed many things that we must prepare first, I'm sure your goal is to make a profit and you may have seen some people out there who made it big so it's like telling you to get into the same field. But on the other hand you have to remember there is no profit without the risk of loss, so I hope for you and also probably for most of those who just came will understand all this, I mean learn all the things that can bring profit and also learn some limits to minimize losses. Honestly I said some of the preparations they should have, like you said keep learning and digging a lot of knowledge from the references you get. Do not let you become a trader who loses direction when you are in the middle of the road, so from now on set your goals and plan your trading plan. And the last one is the most important in my opinion, you have to train yourself to be able to make peace in any condition, don't let you be controlled by your own desires, because obviously when traders get out of control then they will experience a lot of losses there.

If a beginner is thinking of quitting after losing so much on trading, there are two things involved which a mentor or role model would advice them to do - 1) go back to the basics. 2) Take a break. What these does is that it helps the beginner to evaluate and reevaluate their strategies, develop new ones or worst allow them come to the realization that trading is just not for them. You must be a trader...unless it is something that you are very passionate about. There are more than a thousand and one way to make money in cryptocurrency that is less risky than trading. They can explore those options too. However, going back to the basics may just be the best decision that they can make.

That's quite a motivational post for beginners. But here's the thing. Trading is not for everyone. Tell me all the things you like but that's the truth. There's a limit on how much losses you can make. You need to have the ability to understand where your limit at. If you keep on losing and learn nothing from your mistakes or can fix your mistakes, then trading is not for you.

Every day people are joining into the crypto world. They are mostly here for the profits and money. But they are not focused on learning things properly and dive right into trading in hopes of making money. Trading is not easy and not a way to make quick money. The more you run after money, the more the money will run away from you. So instead, learn the process first and then continue on making money. And if that's not working out and you want to stick to crypto, then there are other sectors in the crypto world that you can explore.

Trading are for only those who are strong. Because it's just a mental game. Every battle happens only on the traders mind. That's why psychology is very important in trading.

It's not about the years you put in. It's about how well and how consistent you become on those years. That's how you get ahead of trading. Of course you will encounter difficult times and drawdowns. But it will be your choice if you quit or continue. Some cannot handle the pressure. 1% do.

Very true. There is no stopping to achieve success in trading, but on condition that we continue to learn and gain knowledge about trading and learn from mistakes. Often our ego wants to beat market reality. We must always open our eyes and see the fact that trading is not always certain and always produces profits.

In fact, the losses experienced are clearly visible, both beginners and pro traders have experienced losses. Therefore we all have to be very careful, nothing is instantaneous and losses will become an experience for us in the future so that we are wiser in making decisions when trading.

Those mistakes would be your learning stepping stones on which this is something that you would really be needing yourself to get in lined with.Thing here is that dont make yourself in a rush because this is where

people usually do commit out mistakes on which they dont really be having such patience on doing so which it would really be ending up on committing errors which would really make the situation even gotten more
worst but sensibly speaking that it would really be better that we should really be taking that slow kind of pacing while understanding things along the way. Being a beginner which it would really be that understandable that you would really be needing to absorbed on whatever learnings that you would really be able to get along the way.

It would really be taking that sufficient or ample time for you to learn on things and this isnt something that you could really be able to obtain in a short period of time and a few
engagements but rather it would really be the opposite.

This should  be the best mentality  for a newbie trader and we all have to know that, nothing is certain in trading just as it is in gambling  and I love the fact that you already know that trading is a maybe 50/50 probability where neither profit or losses isn't guaranteed.
Well I've heard about some newbies joining some trading channels to stay profitable and I might not be a fan of trading signals but I think if one joins a good trading signal, there are possibilities  of staying in profits and your caption got me confused as I was expecting to see a write up of you talking about your entire trading journey but I got an advice rather.

However, losing money at the moment might motivate you to do your best next time and prepare for another trade by developing more of your skills and strategies that will pave way for your success. Trading has its own process, if you lose today, that does not mean that the same will happen tomorrow. As long as you make your efforts to learn and you are ready to control your emotions and stay away from greed, I guess there’s no reason that you’ll not be in profits the next time you trade.

Losing can't be avoided while we are doing this (trading). In fact, even those who have in this field for many years are still also facing such things but not just like newbies who are really losing huge amounts. But not a surprise for me because I know that we can't beat the volatility of the market making us sometimes fail to figure out what will happen next. However, all the mistakes and losses that we've got seem to be our tool to grow as well but if we then think about easy at the very beginning, it was difficult for us.

Every trader, even if they are professional traders in crypto, must have been a beginner. what differentiates them in the end being successful as traders and not is how they prepare themselves for trading, how they go through the process, how they carry out various evaluations for the best strategy, how they manage themselves to be wiser, smarter, and more careful, and how they make decisions at the right time.

All of these things have a big influence on a trader's process of being able to survive, develop, or have to go backwards. It's not just a matter of courage in trading. If it's just because you're brave without any of the things mentioned above, at a minimum, then that's the same as taking a high risk without preparation and just out of desperation. This is not good for the future. You have the right to step down if you feel that it is not enough and you need time for self-evaluation. Instead of imposing your condition, it will only become more like gambling. deserve yourself to be really prepared when you jump into the world of cryptocurrency trading because this is a high-risk thing.

Some beginners may have few experiences from trading but most of them are failed trades. But what do we expect? Trading is a battle of mental and emotional aspects, and if you’re not inclined to it, you will never be suitable in trading. But that will never mean that you will quit and easily end your trading journey. Everything is learned and mastered, so you should not resort into quitting but challenge yourself to improve more and gain more experiences in trading. That’s the only way you will see your full potentials as a trader.

a beginner cyclist will definitely fall a lot before he can become an expert cyclist and that is also what happens with traders, it is your intention and also your hard work that will make you a great trader, it is normal if you lose and lose several times in At first, if you persist then rest assured you will get used to trading, but you must remember that even though you will be able to make good money in trading, you should not stop learning because no trader is perfect, and also gambling will be very scary when you make it an activity like gambling, keep learning the basics of trading, that's really very important.

As a beginner before based on my experience I just know the support and resistance but during that time is the bull run so like most of the people we buy and sell for the mini short in those price actions, I think seems like I'm a scalper that time, not as the same like me wins in their first trade and most of them losses more a lot that could be a reason to make a revenge trade or quit itself if you want to learn you can keep learning and gaining experience in trading or else leave the trading if you don't get well here not as always trading is for all the people.

and some people are just not talented in trading, usually people with lack of self control, having too much emotion in them always make decision based on FOMO instead of analysis.
these kind of people just doesn't have the talent to trade, after all not everyone could venture into trading career considering the fact that its truly mental exhausting and also brain racking job.
if its that easy, surely many would become the next warren buffet, but the thing is that the big whales, also wanna make profit off the ordinary people that trying to go against the wave.
even if that individual is using technical analysis whats stopping the big whales from using the same technique to counter the individual traders.

Quitting is an option if;

- A person doesn't have an interest in doing trades in the first place and the reason why they consider doing trade is because they saw someone earning decent money here. Thinking of having the same experience, they just test the waters.

- After a long series of doing trades, still failure dominates the trading stats. Better change careers.

- Only genius during the bull run but ended up silent in a bear run

Professional and experienced traders still losing today as no one can withstand the volatile crypto market. However, traders at these levels already know some set of strategies on how to deal with any market trend and can adapt to any market situation anytime.

When it comes to trading, not only newbies but even pros in trading lose as well. That's how risky trading is. However, for beginner traders, their losses are happening more often because they are still learning on how to trade properly, and their skills and strategies are still in process. If they quit along the way, then they will never have the chances to be profitable traders, but if they accept the challenge and continue molding their own skills and expertise in trading, eventually they will become efficient traders in the end.

Quitting remains as an option for me and for those who really don't get how trading works. In fact, trading is not for everyone meaning that if we know ourselves that we can't do it rightly, I don't think we need to stay in trading while suffering losses. Maybe we could think that because we are a beginner, well, we consider that situation but if the situation still has the same results (losses) after several months of trading, that was an indication to leave and forget trading was not the best place for us.

Yeah there should be a limit but that shouldn't apply for beginner they can only determine their fate by consistency ,if he or she isn't gambling as a beginner trader though

I agree with you about learning everything related to trading because that can make us profit.
Trading is not easy and we must have thorough preparation so we must be able to have good trading skills.
And apart from learning about trading, we must also learn to deal with emotions because this also has an influence on traders especially when the market changes direction.
We must rely on something other than advice from other people because that doesn't guarantee we can make a profit.

Good theory, holding on until the end can be successful, but if you have a lot of losses even though you started trading because you want to earn then you will only become frustrated because a lot of money has been spent but no profit has been made.
Beginners must continue to learn to be able to achieve good trading skills, but they must also understand that there are many sacrifices that must be made, both money and time, the more you learn, the more money you lose and the time to spend on learning, but if you aren't capable of the sacrifices that must be made, it is better to invest than trade, which is not easy and is not always suitable for everyone.

It's clear to confirm that most traders come to trading to make a profit, and as you said and I would also say it's not uncommon for them to quit halfway through because they may not be able to cope with the situation that causes them stress due to some or many losses, quite a few of them. Those who survive to the end will be successful but that does not mean they do nothing and just enjoy their success, but the higher the tree, the stronger the wind, maybe you understand this statement. But I will also say, if they have a lot of losses it is not the end of the world, when you stop halfway (fail) with a lot of losses it means it is very silly, you just waste time and money. Remember there is no success without failure, all traders experience the same thing, especially losses, and who can survive? those who have there sincerity, nothing more. That's right, as you said there must be sacrifice first.

Therefore, so for them (beginners) Do not be easily confused with the many benefits that others get and then you do it without any knowledge, all work is at risk, especially the world of trading which has rapid price fluctuations. Prepare yourself mentally, train yourself psychologically so that you can make peace with yourself in any condition and learn more new knowledge or for the mistakes you have made. Remember the process will not betray the results, what you plant and that's what you will reap so keep your spirit consistent.

I agree.

But it's not applicable for everyone, because we don't have the same wallet capacity, meaning some of us have only limited amount of money and some of us have enough to continue their trading path. Not all of the quitters are weak, because maybe they are fitted on somewhere else. We all want profits in cryptocurrency, but it doesn't mean trading is the only way to have profits.

No, not true. Beginners are the ones who should focus on this the most. Their first few steps will determine their fate. Imagine a beginner driven by his emotions and not being able to control that emotion. They will either chase their losses and in that process lose it all or by greed which will lead to the same fate.
Putting a limit on how much you can lose is always a good idea. Either it's for a beginner or a professional. The crypto market is not that easy and anything could happen at any moment. And when you are driven by emotions and do not have a limit on your spending, the outcome will be messed up. This is why it is said that, only invest what you can afford to lose.

Definitely. In as much as I'm still at the stage of honing my strategy, I still believe that I'll make the most out of it someday. My friends and some of my family members are trying to talk me out of it but you see what this word "determination" means. Am determined in my trading journey.

Even, exchanges are also making it easy bringing up with copy trading and with one topping the rest of the exchanges having a bot copy trading

Probably, beginner traders have less or no experience at all. That is why they should only trade with small amount so that if they'll lose, there's no regretting in the end.

Losing is part of trading. You won't be making profits later on if you never experienced losing consistently. That is why losers should never quit, because quitters never win absolutely.

Wise saying "You don't lose because you are a beginner, rather you lose because you are applying the wrong strategy." This is the truth because if a professional trader applies a wrong strategy, he will also lose. So, it doesn't matter if you are a beginner or an expert, the market does not recognise that. This is the reason it is said that beginners should always use a demo account.
However, it is important to also note that it is mostly beginner traders that uses the wrong strategy and that is why they are the people that losses most.

Even the strong trader experience loss many times in their trading life journey, but the beginning of the journey is attributed to losses more. The word Quit isn't something to embrace, only the fear soul quit but there are some situations that you have to quit and change plans, if you don't quit, you will only be adding to the already damage on the ground, that's why stop loss exist, use it very well.

Trading is really difficult, that I wouldn't lie to anyone and I will not sugar coat it but with the right strategy and using paper trading, it helps reduce the exposure of losses. The advantage of using paper trading is that while learning to trade, you are doing it in real time according to how the crypto market is moving unlike demo trading that's doesn't do that, they gives you high hope that you are an expert and then when you try the real life trading, it bounce back on you with heavy loss, paper trading isn't like that, it helps you understand the market in real life, the only thing you don't loss is the money because it's virtual and very helpful for beginners.

With the right practice and right attitude to the market, you can become a average trader that is way better than a newbie trader who experience consecutive losses and just hanging in the word of not quitting. Losses are inevitable but the amount of money you can lose are manageable, paper trading might is a good way of practicing at least on my own experience. The longer we are exposed to trading is the longer we learned on trading. Charts pattern repeat itself, responding to a certain chart for the first time is different from the response you will do after experiencing it multiple times. The response approach will be better for sure.

To every beginner out there, don't give up. Before I started trading they told I'm gonna lose, it's normal you lose but you keep learning through your mistakes.

Quitting will never make you successful in the end, and quitters never win for sure that's why it should always be discouraged especially for those who aim to succeed and be progressive in the future. Most particularly for beginner traders, losing is always part of trading so for those who lose at the moment, know that you are not going to lose forever as losing is only the beginning to make you a better person and be a successful trader in the end. Do not be discouraged from losses as it could be a good motivation for someone to finally reach his goals and aspirations as a professional and profitable trader.

I know what your pointing out here, yeah it is true that doing trade is really frustrating if we don't get any profit and that's because lack of knowledge is being applied for sure or maybe the way is not good or wrong just simple as that. And aside from it, doing trade needs to do a research in a coin that we like to trade, and personally having an understanding with this is a must also, so that in the end our capital will not turn into waste. So when I started to trade of course most of the time I lose my capital and in every mistakes I made it push me to learn a lesson until I discovered the right way of making profit here.

Usually, when you're a newbie in crypto trading or trading anywhere, when you don't have enough knowledge and you feel like you know something or you feel like you're going to get lucky, you're sure to end up losing in the trading activity you're going to do.

This is what happened to me when I first did an actual trade on an exchange. I thought I was going to buy and sell, but when I set up a selling price, I only did it on a guessing basis because I didn't know how to use the trading view tools, like trendline, MVA, and others. I didn't even know how to understand the chart graph. But it's not like that; this is what I learn every time I do a trading activity.

As a beginner, you often lose than gain from your trades. And it’s very frustrating on part of these newbies because no matter how they try to timing the market, they still end up losing. Perhaps because of lack of knowledge and experience that made them easily lose from their trades, and because they still pursue trading even if the market is not siding on them, or the market does not favor their trades. But to be honest, this is just a test for them if they can actually take bigger risk in trading and afford bigger losses from their trades. If they easily quit because of initial losses, then it only proves that they’re not really bound to be effective traders.

And that is the problem for most newbies because what is in their minds is that they think trading would be easy and when they fail and suffer losses, they will then think about quitting. I admit that I was also in that situation before but I realized that there are no easy things in trading, we can earn success by working hard. Quitting will just be an option when we really feel that we have no chance at all, when we could see that there is no improvements happen despite the hard work we did.

I'm not saying you aren't right but let me clear this there are two types of beginners  the ones who are willing to learn and the ones who want to make money in a blink of an  eye so they just gamble it all instead of trading  those set  no matter what happens  if they quit trading how are you sir they would make it in investment though,  investment is a perfect fit for some individuals.

But let's talk about the newbies I have also experience some state where it seems like I'm just gambling I had yo do some reviews of errors on my recent trade I made some progress.  The issue is that when a newbie gamble he/she can't know but with consistency he will realise he/she is gambling.  

The game of trading takes a while to master and please don't get me wrong if you feel trading is not meant for you try something else

beginners without trading knowledge and skills, making their trading like a gamble. that's right. they can only thrive if they are willing to learn more from their trades, whether they are lucky with profits or unlucky with losses. beginners will take it for granted.
but if consistency doesn't make them develop experience and skills. they will just continue to gamble with the trades they make.
Everyone responds to wins and losses differently. maybe there will be more who leave because of the continuous losses they get.

It lies within each other it depends on the trader to choose gambling or learn what it takes to become a good trader

You got me wrong. I am not saying that only 2/3 trades that you made either it is based on calculations or just a gamble will determine the whole thing. All I am saying is, know your limit. And the thing I said in the end sentence is "Only invest what you can afford to lose". That way even if it is a gamble or calculated trade, that loss won't affect your daily life and your emotions. Trading is about both losses and wins. You may win a trade after gambling your way through it, but then next one may not work. Same with calculated trades. You may end up with profits but that strategy may not work the next time. But if you keep loosing continuously after that, you need to know your limit and stop. Then you can find the mistake that you have made and correct it.

But if you continue your trades without stopping, you may never realize that and keep on making the same mistake over and over. Knowing your limit does not mean you should stop there and give up. If you reach your limit and still not doing good, you need to change things up a bit. Even after that, if you are not capable of solving that mistake, then it's time to move on to something else. This is what I was trying to say. I may have got mixed up in my own words. But I hope you understand now.

Something that encourages beginners to do that is because they think only about profits at the beginning, the same goes for gambling. Maybe people who are aware of the risks in gambling, they only gamble with the aim of having fun, and in contrast to those who think about winning, they will put aside all the big risks.
Actually, we cannot say that those who trade without knowledge are wrong, because we know the reason they do that, namely without any knowledge and maybe they don't know what the risks are. They need to be guided and directed to the right path. And I am a person who believes that a beginner trades because he sees other people, especially influencers who only show profits.

I completely agree with you. Trading without proper knowledge and understanding can lead to significant losses and can be a waste of time. It's essential to start with the basics and build up from there. Rushing into trades without adequate knowledge and preparation is like gambling, which is not a sustainable approach for a trader in the long run.

Many new traders quit trading because they were unwilling to do the necessary work. Consistent profits require time, effort, and patience. Moreover, managing emotions is crucial for success in trading. Emotions can impact the risk level, leading to significant losses and feeling overwhelmed.

It's important to remember that there is no guarantee of success in trading. Many traders may become discouraged if they don't see immediate results. However, giving up too soon is not the solution. Instead, one should continue to work hard, learn from their mistakes, and be patient. Success in trading requires knowledge, discipline, and perseverance.

Trading is not easy and I can feel your pain, as all have started from zero and without any experience. But the main thing that is important here is that, we need to learn from our mistakes. We should do enough research and educate ourselves with the market. If possible trade with demo account with demo balance to lose the fear of market. Once you are confident, invest or trade with the amount that you can afford to lose. This is the best thing, one newbie can do at the initial days.

Trading is actually not for everyone, many people try again and again but they are not successful in trading, they keep losing in the market. Losing in trading is very painful and I have experienced how painful it is.

Even if you think about learning from each mistake and doing better on the next trade, it doesn't end in reality, you will be exposed to new situations again and again so that previous experience will not always work.

So it will be more effective to try to learn about the market better than to learn from mistakes. Because your trading skills will let you know when you are making mistakes, you will be able to make better decisions. So if a trader keeps making losses in the market and after trying everything he can't succeed then he should stop trading and look at holding, because as I said earlier trading is not for everyone here maximum people lose.

Depend with beginner trader or not, in cryptocurrency trading need strong mentality actually when moment our coins assets in lower price, actually with beginner have experience after investing price drop suddenly and mentality here most important thing how easily quit from trading or keep stay and learn from mistake for upcoming time.
Firstly, trading is not about how to understand well with knowledge and learn with some coins want to invest but we have mentality or not what happen later after investing, many trader haven't strong mentality and easily give up when get loss position in trading.

Let me add this as part of contribution  I think we need to stur this a little bit up. Okay. Let me add this Those trying investment can still trade why?? Simple they just need to learn to some extent when I mean extentthen I'mtalking about confidence level.

Experience and expertise is not being birthed along with someone we learn it and if you seek those with such experiences they tend to be even worse sometimes than what you want to table as your experience .

So Anyone can trade aswell as invest besides you can still lose your money while investing because you have no proper knowledge  about or even experience,.
Let me use the case of programmers as an example  everyone wants be able to write and read codes right , however some do this with ease asin they pass through the learning stage easily  but most people struggle  to become what they dream of as a programmer,programmers in the house would understand this,we only just determine and we trust the process that we will come out strong and that's why you  see most people backing out, fine it might not be covenient and they feel like it's not for them but do you know that there's always someone in that same state as his/her's whom trust the proceess even it took long but attain success atlast.
Back to trade, I understand  the case it's emotions they make you feel like it's not for you when you make  profit and later you eventually lose
both tour profit and capital  talking out experience it's crazy enough for a beginner to back out immediately that's the fact

Inconclusion trading might be a superb choice if you trust and you are willing to learn out of the process, remember  investment also requires skill . Investment is also a good choice in general intact the best if you trust the process.

Mentality and emotion is a strong character that a good trader should possess. These two grows together with experience and that is why most newbie traders don't have it because they have no experience. It takes string will to make good decisions when your portfolio is on the red lane. Every decision an amateur trader will make at that time will be characterised by fear, panic and uncertainty. This is the reason I have strongly believe that trading is not for everyone. Many people are losing trade more than they are gaining and the new traders are the ones losing most.

To be quite honest, I don't have a lot of experience in this area of crypto trading. I won't deny that I'm still a novice in this area. I still don't really comprehend a lot of this cryptocurrency trading stuff. Yes, buying and selling is simple, but when it comes to reading charts and graphs, my reading comprehension skills might use some improvement. My foundation is currently pure speculation, and what other people say is an opinion.
Because of this, when I first started trading, I exclusively did holds in order to always play it safe while I was still learning the ropes.

Yes trading in the crypto world does seem simple, just about selling and buying and then with a little holding so that we can make a profit there. But behind that I also admit that it is quite difficult to do, in the past when I was a very beginner, I honestly felt very difficult, especially in the matter of making decisions, and I understand all novice traders must feel the same way including you too. In addition, here I will slightly suggest to all beginners including you too that being a trader I admit is very difficult, and there is no free time not to learn anything, market price movements are very volatile, so as in general we must have a proper and good trading plan. Such as stop loss so as not to experience too much loss, take profit when it reaches the daily target and also other risk management.

But in my opinion and according to my personal experience, more important risk management is within ourselves, I mean we have to form boundaries within ourselves, you can train yourself mentally and psychologically because it is very important for traders, learn to make peace with yourself for the decisions we make, especially when experiencing losses for the mistakes of our decisions. Honestly, it will be very useful, because everything that is based on greed or lust will never work, we can see that there are so many traders who experience MC because they do not emphasize risk management properly in their trading. In addition, use your own methods from your own learning, never give up and one more thing I do not advise you to depend on other people in trading such as following some unclear signals, because surely you will find it difficult to develop, I see the average successful trader they have their own way of doing it.

Don't be so hard on yourself, just because you are a beginner in trading and are still learning doesn't mean that you need to lose money. You are absolutely right that at first it's all about gaining experience and learning the basics before we should focusing on making high returns. But already as a beginner you should focus on the decision making that more experienced traders rely on. Getting out of a trade because it's losing money might be a good idea, however you should analyze first why trade is losing money. There is a difference between making the wrong judgement call and having a general downturn in the market. As a crypto trader I would always compare your position with the bitcoin price. For example, if BTC drops 5% in a week then it's very likely the Alt coin market drops as well. That's why selling your position and realizing a loss might not be the best decision. In case you don't need the money right now you could try and holdout for the market to recover again. Beginners also deserve to make money with their crypto coins.

When trading, we can't start as experts but the more we trade is when we'll get the experience that'll help us become professional traders and by then we won't be making the newbie mistakes we're making now as traders. Losing when trading can be frustration but we should try not to get frustrated but use the lesson learnt from the losses to improve on our trades and become a better trader. Before we start trading, we should have an understanding about the market.

When any individual is trading, they shouldn't be guessing but predict with reasonable backing from understanding what the charts are saying and follow up the market regularly so they won't make a mistake. Trading isn't easy but with constant practice, we'll become better.

The whole trading is just a process. Even if you start making money, you don't stop learning or analyzing the market. That's why when you tell you already get there, then you will start to lose again. So instead f quitting, just take a break. Desensitize yourself of how much persistence and hardwork will it take to be successful. This career is only for the brave. For the strong sould who can dedicate years for the skill aquisition until making money take care of its own.

A new member needs to know a lot about investing. If a new member enters the business without knowing or learning about investing, he will definitely lose his money. Besides knowing and learning in the first stage, trading should be done with such amount of money that you will not know your profit or loss by trading, a new member should trade with that amount of money only to improve trading skills. In new situation if we want to start trading without learning and knowing first then we will not understand anything about the market only we can take trading on guess which is very risky for our money. So first spend time learning and then apply that learning to trading.

You have given very good suggestions for new people to enter in trading platform.Of course, whatever business a new member enters, if he does not have experience and starts without learning, he will surely face a loss.Every kind of business needs to be learned and understood before starting.Trading is a tough job, it looks easy but this is the cryptocurrency market where the market fluctuates and the market can fall at any time.Here we can also get good profit but our money can go to loss at any time.It is very important to know about candlestick, graphic chart, support and resistance and different types of indicators.There are various online platforms for all these things from where one can easily gain knowledge and experience about trading.You are right that one should start trading with small amount in the beginning so that there is no risk of losing much in case of mistake.However, there can be both profit and loss in trading but we have to improve our profit rate with our experience and skill.

I remember I was terrible when I first started, I was literally picking things that would go down right before they do, I was basically very good at finding coins that will drop at that point lol. I think I misunderstood something, and instead of finding things that are just about to go up, I did the reverse because I misunderstood the situation and picked the ones that were just about to drop.

I made so much loss that I stopped trading for years after that, I jut bought bitcoin and hold it, which is something I still do, most of my money is still in holding bitcoin. However, I realized my mistake long ago and I have been trading a bit as well, and the results are not suddenly amazing, but they are not that bad neither.

Well said. If you are no longer comfortable from consistent losing in trading, then quitting would be the best option as it could pave way for a new successful career that will let you feel satisfied with your current compensation wherein trading has fail to offer. Sometimes, it’s better to end than to prolong the suffering you experienced from unwanted career, that way you will have chances to improve your means of living. This is one of the reasons why trading isn’t for everyone.

My experience as a beginner trader is
I don't know how to read candles, I'm always burning money haha ​​I'm also always at a stop loss most of all I don't want to trade anymore because I don't have any money to trade and then I just tried really hard to learn how to do it somehow my trades almost win

just do it you must have a trading plan and then you have discipline in trading

Not totally the best. Thinking about losing first is a negative mindset. We rather lower our expectations at first. A beginner can get lucky and earn even without or with less knowledge on their head. Quitting is an option if it seems that everything that you do doesn't bear a good result.

Maybe there are times that we can lose in trading and we can say that we are simply unlucky but I think most of the times trading has to do with our ability. Some newbies are indeed joining some trading group and some are using a copy trading service only for them to earn quickly. Many of us are against with these practices because they are only depending on others.

Don't get me wrong, I'm not saying they should have the mentality that they will lose first but rather have it in their mind there are possibilities of them losing  and that doesn't mean  they  aren't competent they just have to work on their skill.

Trading is a long time journey but many few people can travel until reaching final destination which is making profits consistently. 90% of the traders lose mostly because emotions take control of them and they start to unfollow their plan and overtrade.

A strong mentality will always be born in a person when he has faced many things at the same job for some time. Because to be competent a person also needs sufficient experience and knowledge in trading and skills will not appear by themselves in any case if there is no experiment in trading.

And regarding the issue of losing or winning, I think that is just the final part that a trader will get because when a trader has a way to carry out his trading quite comfortably, I think there will be less chance of him losing. Even though he may also be very prepared when he has to lose, because that is part of the risk, the main thing he will look for is victory, not defeat.

In trading, it's best to be reactive rather than predictive. Don't rush into a trade in fear of missing profits. Instead, focus on cultivating the mindset of a trader, as it can significantly reduce the risk of making emotional trading decisions.

Emotions really are the biggest enemy in trading because you don't have patience, and mostly when there are trades that we thought were already a win situation but turned out not to be, we were not seeing the bigger picture. Also, when we are winning, we are always thinking of winning more, meaning we are now overtrading, and that is where the losing starts. That is why learning to control your emotions is a must while learning to trade.

The importance of education is immense, just because you are learning something you have to do that thing is not the case at all. The main purpose of education is to learn about trading as it is to get a job, not to trade. Just because you don't have money right now is not a barrier for you to learn about trading, if you want to learn or learn about trading then you are welcome. Learning about trading will stay with you all your life and at some point in life when you have money but you can definitely get involved in trading by using your prior knowledge of trading. You have enough money but you don't have any idea about trading but you can't trade so if you have time then definitely get enough knowledge about trading first then when you have money you can trade with that money.

I think you understood emotions in trading the way I do . Emotions plays a major role even in entering trade , emotions can push you to enter a trade you are not supposed to , emotions can make you to stay in a trade which you supposed to optout . As a beginner trader you will always fall in for this emotions there's no way, that's just the fact!

Emotion is truely the enemy of the trading because it control the mind of trader, in everything you do you will definitely become a newcomer and you will make a lot of mistakes, that why you will be warn not to put all your savings in the trading to avoid the loss of everything rather invest what you can afford to lose even though you have enough money, invest small amount to see your perfection before putting in huge amount of money, don't put greediness in front.

I done this 2 years ago when i was just learning to trade and control emotions, I traded with my pocket money and blew my account many times and learned and hard earned experience which some people gain by losing their savings and huge amounts. I consistently make small profits now and I never think of quitting trading because market took my money and i will take money from market slowly.

As you are saying about emotions, when it seems to be not that good anymore and most results that you're having within the day through your trades are not that good then it's okay to quit.

Not all the times that quitting is a bad thing.

Just like how we trade with some feature of stop loss, quitting is helping us to keep that to ourselves because sometimes we forget and with our emotions, makes us more pushy and eager but if it's not doing good. It means that it's not a good encouragement to keep going on.

A beginner shoudn't start trading when he joins the industry, he should gain experience from investing so he can develop the habit of having patience because you'll need patience to stay longer in the industry and not give up or quit as the market can frustrate you multiple times by making you lose all your capital or lose money that you use to enter the trade. Investing is less riskier than trading and it's perfect for every beginner to start from less riskier ways of earning.

While he has investment then he can try out other means of earning from the market and when he does this, he won't be under too much pressure to make money from trading as he can take his time to learn how to trade properly and when he master it then he can start.

Yes and every trader will definitely feel this kind of condition where he experiences a loss that causes himself emotions and after that I think if indeed he does not have firmness in his self-control then it is very likely that he does not know what the stop is about, and obviously after that they must continue to trade but by relying on emotions not knowledge, sometimes I also like to see not a few of them who end up experiencing MC. So it means that self-control is very important in trading, even if you have a 100% accurate strategy it does not necessarily bring real victory if you do not have a good mental and psychological. Yes, it's true, even though stopping is not a bad thing, but well it's difficult if the person is already emotional.


Yes, basically in trading we must always use good planning in addition to strategy, as you said stop los and take profit are very important there, and also only that can help you not to lose too much. But yes emotions are like our enemies, it's like we are at war with ourselves, especially when it is difficult to find the right decision, I'm sure all traders experience things like this, honestly I myself am also not strong when I am in a position like this.

For the first time everyone starts as a beginner and after some time he knows all about trading. Trading is a skill and it requires time and practice. At first, you will make mistakes and lose money, and it's normal to make mistakes for the first time but when you take lessons from your mistakes one day you will be a successful trader.
If someone follows some steps that every trader must know then I think he will some profits at the beginning.
>Start with a small fund if you lose it, it will not affect you that much
>Start from a demo account which also helps you a lot
>Before investing, I suggest you do your own research.
>Be patient and never give up on what you started.

Beginners are never even advised to use money to trade beyond their ability to understand the risks of trading itself. By that I mean they are likely expected to learn and understand how trading works including the assets they want to trade. You should not choose any asset randomly just because you can afford to lose money, even if you have a small budget then do some analysis.

There are many avenues to learn if they wish including; read, watch videos and even trade in demo mode.

All of these things would really be only done on the time that they would be experiencing those devastation when it comes into their funds because those things mentioned above isnt something that they would really be doing initially or on the time that they are really that starting up on which this is really that a very common known approach specially into those noobs who are really that rushing on making money or really that already thinking that they would become rich on the time that they would engaging on trading without even trying out to realize on whats the real deal within this market. We are all would really be experiencing on being a newbie since we are not all knowing kind of being on which on the time that we would really be first time on experiencing like trading then it would really be just normal that experiencing losses would really be more compared to those veterans or those oldies who had been dealing with this market for a long time already.If you are really that someone who doesnt really have that kind of awareness and knowledge then it would really be normal that you would really be seeking up first with those sensible information and other correlated things in regarding about trading. Other things or learnings would really be gained through real experience though but its better to take the slow pace rather than on making yourself that being rushed.

That's because you trade too early. Ideally, you need to know first how to read candle/chart patterns before you started trading. A trader needs to understand both technical and fundamental aspects, it is the basic need in trading. If you still can't master them, how you analyze the market? Sure, the best decision is to learn first, just trade when you have sufficient knowledge.

Trading plan can be made if you have knowledge. If you still have lack of knowledge, you are difficult to make a proper plan. When you have no proper plan, that discipline will be nothing/useless.

One reason why many traders have failed is because of their greediness. In trading, we also have to know contentment and we have to accept small earnings because we are not controlling the market nor it give a favor to us every day. If ever we get $100 today, we must be happy with that because we never know that by tomorrow we also lose $100. In fact, as a beginner, we can't expect that we are to earn right away but rather be expecting to lose. However, on the other sides, we are also earning from it, and can be useful as we continue our journey.

usually as a beginner its better if you test out small amount of money, checking the water, seeing how overall market actually works, then you might slowly increase the capital that you traded, because newbies aren't really knownig what they are truly capable of because they haven't encountered some circumstance where the market is going out of the usual textbook technical analysis guides so some of them are gonna gets confused because of it, testing the water using small amount of capital shown to be massively effective for newbies while not really endangering their whole life saving for the sake of knowing or starting their trading journey, though sometimes these so called beginner traders ended up becoming investors after they know that trading is more exhausting that they seemed to picture it out to be.

Greed is indeed the main obstacle for a trader, who is not satisfied with the profits he has achieved, so wanting to pursue even greater profits is even illogical. If it's like that, it means the same as gambling, we will suddenly get rich or fall into poverty, but if we continue, we will lose in the end, because luck will not come continuously. therefore learning to repair and maintain our emotions is very important

Haha. In as much as I agree with you, also note it that, there always arrives a time in the life of some potential traders when they will have to make a decision either to quit or keep losing money, quitting is not always a bad thing in some circumstances, after all, it is often said that those who fight and run away, will live to fight another day ..

Quiting does not necessarily mean that the person is done for life, a trader might discover another or some other sources of incomes which he is better at, and decide to leave trading to focus on that , while some other might want to take a break from trading to put their life and emotions in a better shape before running back ..

I myself have quit trading several times to get better control of myself, but I still return back better than I left, and even though time won't permit me to trade as frequently as a want nowadays, I am still very happy with the knowledge I've acquired so far ..

Self control, it is important and many are discussing that for so many times. Without which, a trader is bound to his own losing trades because as a trader, newbie or not, when you can't control yourself and there's the market fundamentals changing over time, you'll have hard time dealing with it.

Because trading is a game of emotions and strategies.

When you're weak emotionally, you'll lose against the market and that's how many are being eaten by the bigger and more experienced traders.

Being a newbie is very challenging especially when we are on the wrong track and not with people that are ready to help our trading career and journey. Newbies normally encarta challenges going live which should not be a big problem to us. As a trader, one need to be bold and ready to learn more from the market or else we can keep making losing with little profits that can not cover our loses and give us profits. There are many things to learn as a trader fr emotions to trading journal and how to analyze the market.

That's it there, you never quit rather you took some rest. It's normal for both newbies and even professional to take a break from their trades ,some even set up the number of days and pseriods they ought to use for trading in a week  in which when elapsedthey stay out of market entries.

 However,  they never quit instead they did take some breaks.So, You can also take breaks from your trades either you are winning or losing

I don't know why some traders will see quitting as a sign of giving up,  but come to think of it this way,  quitting does not necessarily mean that the trader has left the space forever,  but as a sign to free up his head from the many hustle and muzzle of the day,  this have shown to be very helpful to many who are losing excessively,  trading is same as gambling so for that,  taking a break really help a whole lot,  and more also when one take a break it very important to invest that time into some other things that will help them make better future trading decisions.

As time goes along the trader will be able to free up his/her head and make other plans to take proper advantage of the market,  so taking a break is a positive sign of being a conscious and calculated future move.

Every trader has a past, everyone faced a difficult moment when they started learning how to trade. Some of them gave up after losing all their money in trading and never came back, while others lost all their money in trading, went on a break, and came back after accumulating money and more knowledge about trading. The reason why some newbies do give up and never come back to trading after losing money as a beginner is because they think trading is a get-rich-quick scheme, they believe that if they start trading immediately,  they will start making money instantly, but they don’t know trading is entirely different, trading requires consistent learning and practicing, and even professional traders do lose money.

You will become a professional trader if you have had various experiences, both bitter and sweet. Everything will have its own process. And this will depend on what you undergo and evaluate. Becoming a successful and professional trader is not easy. There are many things to have and go through. That doesn't mean they are people who never lose when trading, no. They are people who also sometimes lose, but the level of their losses is certainly smaller than their profits. And they can immediately cover these losses with other, bigger profits. From here, there must be appropriate and fast evaluations and steps that they can take to optimize all processes, and this requires good experience and knowledge to immediately anticipate various market conditions.

It is more appropriate to say that it is a pause or short break before starting trading again in the market, because if it is said to stop, it might be understood as something different than just taking a short break in trading. And I think taking a short break is necessary in order to be able to organize everything necessary for the next trade on some coins that we like, but I would not call it a stop because stopping is not a wise option for traders who already know how and have often experience profits through trading.

Taking a break for a while is very common if it is deemed necessary by some part-time traders, but they will never stop with their activities as long as they still have the potential to make a profit with their trading. Moreover, some traders really like to use several exchanges with several methods that they consider reliable for trading, of course they will find it difficult to stop trading.

I think the first recommendation to give to a newbie is to start from somewhere in learning how to trade and knowing the functions of all the trading indicators together with their signals https://bitcointalk.org/index.php?topic=5446799.msg61999785#msg61999785 this will also helps you towards learning more about trading as a beginner and have some little experience couple together with what you learn online and on the forum here, know that not only in trading are we required to have the knowledge of what to do, it has to be on everything we have developed our mind to go for.

Haha, what a funny OP. But then not everyone really loose that much while learning how to trade. These days, what some newbies does is learn from elite traders they copy their trade from. It's like earning while you trade. It also doesn't mean those elite traders don't fail, they do but at as many losses incurred when trading by yourself for the first time

Because losing is very usual when it comes to trading and why? It is because we are not the ones who control the market. Because if we are, all traders have become rich already. We have to think that due to the market volatility, and the up and down of prices, we are able to earn. Therefore, we don't need to change how the market works but also, we have to accept the losses are something to happen to us. Quitting is not the solution but can be an option if we really don't feel confidence.

A task that is difficult for a person, no matter how easy the new task is, will seem very difficult to that person. When a person gets proper guidance about that task, he will find the task much easier. Trading in the beginning is a very difficult thing for a new member. If a new member does not have someone to help him, he will find it much more difficult to think about where he will start or where he will end or how he will do things. There are many new members who don't understand the basics well that's why they quit trading. For those members who join this forum to learn about various aspects of trading, it is very easy to know about trading. Can easily post on forums or ask questions about things he doesn't understand. Any new member will be very experienced on the trading side in no time if given proper guidance.

A person who is a strong trader and sometimes loses his money just because of some wrong decisions. In that case a new trader loses their money due to various wrong decisions. However, if an investor trades according to the advice of a successful trader, he will definitely avoid losses. Good planning must be done to eliminate risk management which can always be profitable. A new trader can never be wise, to be wise one must first take good advice and know the market strategy. If he trades by adopting different strategies then he can definitely profit but he must follow the good aspects.

Mistakes can happen to anyone, even an experienced trader can often face losses due to mistakes. This is the crypto currency market, here the market can sometimes go against our analysis which can cause us to suffer losses, but the difference between a new and an experienced trader is that an experienced trader knows how to correct his mistakes, and how to fix them. It is easy for him to recover his loss.



On the other hand, new traders often face losses due to their poor planning. He does not know much about market fluctuations, profit and loss and what strategy to adopt with the market. Of course, a new trader should follow the strategies of experienced traders and learn from them. Trading in this way can be very beneficial for new traders. No matter how wise one is, if one does not have experience and knowledge in the field, there is always a risk of loss. When I started trading, I had no experience. At that time I did not learn anything from anyone, because of which I often lost, because I had no knowledge of the market. So trading without learning here is not without loss.

Correct. Taking a break to rest and calm our emotions for a moment is something that is very necessary in trading. Because if we don't get enough rest and are mentally exhausted. So this can affect our psychology and even decisions taken in a tired mental condition are very prone to making the wrong move.

A pause or short break is also needed if we are too happy because we have gained a lot of profit in trading. Sometimes feeling too happy can also affect our emotional decision making, making us a little wrong because we are too excited. Being too happy after getting a profit will make a person more greedy. And feelings of pressure due to experiencing several losses can make someone too afraid to take steps. So in conditions like this we really need to take time to find peace of mind through holidays or anything to divert our minds so we can escape from trading for a moment. Fear and Greed are two things to watch out for. Because these two feelings can be good weapons in trading and can also harm us in trading. It depends on us whether we can control it or not.

The main disease as a beginner trader is mostly due to greed and this greed occurs because there is no proper trading plan. Whether you admit it or not, as a trader, you need to make an appropriate trading plan to optimize the chances of success for beginner traders. Without making a plan, greed will occur because human nature is never satisfied with the profits he achieves, he continues to want to get more.

Basically, by implementing a strategy like this it will help us to avoid making decisions not based solely on emotions, we can set definite rules for when to buy and when to sell. then we can manage risk appropriately, as well as identify opportunities in trading. By setting clear goals, trading will be very effective so that we are able to identify suitable trading strategies and carry out appropriate risk management.

On the time that you do start up then these common newbie behaviors and reactions and hopes would really be just that so normal but on the time that you do able to taste up the harshness or reality of this market then those things would automatically change.  :D  Everyone do starts on being a beginner since we do start on something like this on which even those professionals or veterans are really indeed having those the same path that we are taking.This all talks about on how you would really be able to sustain this unpredictable market because its always been that volatile and something that couldnt really be that predicted and this is why tons of traders or to those who had dealing up with this space had completely turned their backs because they've been that totally wrecked up by the market on which it is really just that very common scenario and this is why it would really be that part of your risks taking whether you should really be that proceeding or would completely stop because you cant really be able to bare up with the risks.

Yes, actually lose in trading is an experience. From these defeats, it becomes an experience that makes us more careful and perhaps know how to avoid it. Yes, but almost all beginners in the world of trading experience this failure. Personally, I also experienced that, I even chose to invest in coins that were scams. However, the pieces of failure will come together to become a very valuable experience for the future.

Those who are new to trading must follow these tips. A new member will make mistakes when there is no one to guide him, but when a new member is guided by an experienced person, the new member is less likely to make mistakes. When we were trading maybe no one advised us like this or there was no one to guide us like this but new members are now getting a lot of advice through this forum which if new members follow they will do much better in trading gradually. 
Patience is a great thing that not everyone has, a patient person can achieve as much success in life as an impatient person but not as much. Before engaging in trading we must first learn to have enough patience as well as have our understanding of the market so that we minimize mistakes in new situations.

I think most novice traders have at least experienced a loss from a token scam or something like that. And I personally have also experienced it. But you are right that this experience actually became a very valuable lesson. Because we become more aware and learn more from the experience. So that we will no longer be exposed to the same tricks. But if someone is still caught in the same trick then I think that person really hasn't learned a lesson from the experience.

Experiencing a loss in a trade is a common thing. Even professional traders still experience this sometimes. But risk management and financial management can avoid bigger losses. Because professional traders have determined the loss limit they can bear. What they have prepared is not just a profit target. But they also prepare a loss limit that they can tolerate. So even though sometimes they experience losses in their trading, this will not really affect their finances or capital. And professional traders also definitely learn from their extensive experience.

Experience in trading is the most valuable lesson, defeat is something that is quite common for all traders, in fact it is not only felt by beginners but anyone who trades.
And experiences that can be used as lessons are not only what has happened to ourselves, it could be that the experiences of people around us can be used as lessons, it cannot be denied when you say that experience is quite a valuable lesson.
But personally, I studied a lot of trading knowledge before starting and even understood all the risks so what happened was not surprising to me.

As a beginner you have to learn what we say usually .I think you don’t need to loose fund when you are ready for trading after having a good experience .Experience is not like that you need to loose .I think you need to follow all experience trader ,take lesson from blog youtube and also if you have anyother source .After getting a good experience you should apply your experience on demo market .When you have enough confidence then you go for live .Loosing on trade a common thing even a professional trader make losses so that you need to be patient and go through your plan .Hopefully you will be succeed .

I don't think there is a person or a trader who is completely smooth in his trading from the first time he entered the trading world. I believe they also felt something bitter at the beginning, and that's what later made them a good trader now. Failure is something that will strengthen us later, as long as we are willing to learn from the mistakes that make us fail, then success will be waiting for us ahead of the road. I can't be sure when success comes, but I believe that it is true, the key is that, as long as we continue to learn to correct the mistakes we made in the past that made us fail.

OP, your motto about quitting is not an option might be dangerous. Hopefully, you're not getting emotional right there because that will be the time that you might break your earlier plan like putting in more money that you can only afford to lose. I'd been on and off on trading although I can say that I am not really that good. The only time I had great profits was during major bull runs which are the year of bitcoin halving and its following year. At present, I have a small position in the future that is more than a week already because I am hardheaded instead of just waiting to make trades next year and 2025.

Professional traders have all the experience, have guidelines on how to carry out good trading strategies. Risk management and money management are very important to support the trading strategy that has been created. If risk management goes well, there will be no significant losses, and correct money management will make it easier to manage every purchase and sale appropriately. There are limitations that have been marked by professional traders, looking at technical analysis using existing data and observing the fundamentals that occur. All aspects must be mastered to generate profits.

once you are determined enough to learn and become a profitable trader then you will sail through no matter what you encounter in the journey. the beginning is mostly the hardest thing which is understandable just like Goeth said "Everything is hard before its easy". the things you encounter on the journey are what will become your experience. when you start trading with real funds and you experience losses , you can take a break to return after a while. you will learn all these as you advance.

That’s a really funny start, real funny!
Anyway, even for a beginner, there are experiences with trading. Even if it’s just loses, there is an experience in them loses, in the signals (not signals from a group but, like the signals you get from the candle sticks; double to “M”, double bottom “W”) and the rest of those. Whatever you reason for picking your entry and exits are, what was it, how it played out, was it as expected or the other way round… Those are experiences.

In a profit situation, how did you handle it, what signal got you in, at what point did it change, how did you manage the situation, what tricks did your emotions play on you…

Those too tells the story for a beginner and not a blunt LOSE!

In the phase of all that, you need not to be discouraged. Better still, don’t go live until you develop a strategy that comes with some reliability for you.

Therefore, before we start, make sure we must have done research first about what is there, including all the risks that we will always encounter, not just about profits even though you come for it. But it is better for you to emphasize and focus on the risks that are there because if you already have a way to minimize risk then surely you will be able to get profit.  Losses are the main difficulty that usually occurs and it is difficult for them to get through it, and also they will find it difficult to balance the risk with the knowledge they have. So it is very natural that at the beginning they have to struggle hard even with some losses, it doesn't matter because it's a very valuable experience as long as you can learn your mistakes and fix them so that in the future it can be better.

Basically trading is very difficult, and that means there will definitely be many sacrifices that you have to make including experiencing some losses, it doesn't matter because with that your knowledge will be able to develop more and will know better what to do, especially in making decisions.

About 70% of people fail in trading, and only 30% of people who are knowledgeable and experienced succeed and profit. If you want to be a beginner about trading, you must know many things first. Moreover, if you are new to trading, you will certainly face losses. It is certain that after facing losses for a few times, you will gradually understand about trading. When you start a trading business, your plan should be profit oriented and focused in such a way that you can make a profit. Also, you always have to control your emotions, so you don't get busted the market doesn't stay in the same place all the time, so you have to be patient. In order to survive in trading you must withstand enough storms, if you put time behind trading for a long time you will be able to become proficient. You can only profit when you learn trading completely.

You should always remember that there are good days and bad. That without losses there is no profit. It is worth remembering, especially for beginners, that you should not invest or trade money that you cannot lose, otherwise there may be big problems. Also, you should not make important trading decisions when you are in an emotional hole or drunk. It's worth sticking to your trading plan even if sometimes it doesn't make a profit. It is worth listening to many but making a decision yourself

Traders are available for good signals in the market, nothing else. Showing more concerns for what favours us other than been distracted by the trends of the market. We make investments in others for the purpose to reap the positive outcomes of the system. You're right, there are good and bad days; we merely hoped and prayed for more good days, which means printing substantial profits on our enormous earnings. Trading is perilous without an appropriate understanding; there is an excellent opportunity of making money without putting in extra effort; and committing to a single trading strategy will provide one what he desires in the market.

You will only lose when you are not consistent about your trading strategies, as a beginner. You can't lose but the thing we have to keep in mind is that trading is something different from the work we are doing online. The traders who are on the top you are seeing today, a day had passed these all were beginners, but they put in their efforts and they gained knowledge of trading, even though they have seen more losses and they have seen the more difficult situation in their life. So, from your talks we don't have to lose hope till the last breath, this is the only solution we are going in search of.

Someone who is losing money in trading shouldn't be offered this advice. How might you encourage someone to continue trading when they are in fact losing money? Do you want the person to declare bankruptcy before realizing they should completely stop trading? I consider your counsel to be unaccepted.

People need to learn how to stop doing things that don't work out for them. Quitting trading is never a terrible decision for anyone. By the way, trading isn't meant to be a stop-or-start activity that one should engage in.

For those who are new to crypto trading, giving up is a wonderful idea that should be encouraged. I don't view someone who decides to stop trading as being weak; rather, I view him as an intellectual human who is aware of what's best for him.

What is the benefit of an experienced person supervising a newbie in trading? I do not believe that someone who has learned to make a profit from this activity is interested in sharing his findings with others. Moreover, he may simply not be interested in it, because not everyone has a tendency to teach. No one is purposefully teaching anyone on this forum. Everyone is just sharing their thoughts on publicly available information. But there is no guide here.

   Quitter is always a Loser, remember that, If you are the one who wants to learn how to trade here in crypto trading, you should first learn the things to know here in the field of crypto business. Once you start it, you must finish it and never stop learning it so you can be successful in the end as an individual trader.

   because this is what I did when I started, and until now I am still studying him, even though I already know something somehow. So, I don't stop learning; instead, I continue to learn as long as I am here in the crypto space.

I totally agree with your points, especially the one where you said that a newbie trader or a trader, in general, should listen to everyone but do what they think is the right thing to do based on their own research and analysis and the knowledge they have gained so far because I've seen a lot of new investors who tend to believe others too easily and that makes them lose a lot of money making trades based on what others have told them without doing any research from their own side.

It's a big mistake when you don't acquire enough knowledge yourself and you believe in everything you hear from here and there, you can get confused and in that confusion, you will make decisions that won't be financially good for you. That's why, if you are new in the industry, try to learn everything first and don't start taking positions when you are not 100% certain about something or at least have done some research yourself.

Yes, that is accurate and true. Like how the positive and negative aspects of electricity allow the light to shine, the positive and bad aspects of any trading firm, particularly in this sector of the bitcoin market, are the same.

In the world of trading, it is not feasible to just sell or just buy; these two actions must be simultaneous in order for the trading industry to exist. Because they wish to earn from trading with other traders, that is why there are traders.

Yes, I also believe the saying that trading is not made for everyone. Many people have tried it and didn't like it. However, for those who are interested in trading, and want to become professionals, then stopping is not something that needs to be done. Maybe the OP wants to convey this.
People who want to become professional traders need to be aware of all the risks involved in the world of trading before they start, so I think that they already have the basics of trading. It's just that making profits and losses is a normal thing in the world of trading. Maybe what he means by quitting is quitting trading and looking for another job. However, people who are experienced in the world of trading will most likely stop when they see the potential for something that will benefit them, or they will stop temporarily to minimize risk. In this case, some people call it a strategy in trading, stopping for a moment to see market movements before starting again.

Crypto trading is not just talking and watching, it requires learning the basics to make trading more perfect. For me, the knowledge of crypto trading never ends, There are just tricks and ideas for trading to develop rapidly. What you said OP there are points that can be concluded, namely: learn.

I always stick to the word experience, you could say it is an invaluable teacher, with experience I can learn better to trade crypto from one point to another, From one method to another, experience is a valuable lesson for me, so continue trading with the knowledge you have in order to become a true trader.

Yes that's it ask millions of successful traders  they were once in a shoe when they should have thought of quitting  rather they take it  not as an option but as a strong teacher and I will add this
 It's always okay to rest not quit.
There's nothing like trading it's not for me so far you've tried  it unless you are to lazy to learn which it should clearly state your motive as a quick money searcher ;D.

Mate, be patient. Sometimes the worst must be endured in order to obtain the finest. Before entering the trading industry, you must educate yourself so that you grasp the abilities of trade and how they work. Because information is your most powerful weapon in combating your fear of uncertainty.

Before you begin anything in this place, you must understand technical analysis, in terms of trading you must decide how much you can spend without jeopardizing your financial stability.

If you are a good and experienced trader, you will never lose, but you have to accept that you will lose at some point. However, people who are good at beginner trading often risk their money while trading. If you learn trading and lose money later, you should definitely give it up for a while. Because if you learn about trading and trade later but still lose money, you have a lot to lose. So you need to learn well first and then trade only then you can profit and never move forward. If you trade without learning then it is definitely high risk for you, when you learn and trade well it will be successful.

You were on that matter, There are other traders that sincerely desire to engage in profitable trading but are too lazy to do it. As a result, they ultimately give up since they are not sincere about what they want to do. If you don't learn how to trade, it's still unlawful.

In summary, this subject is still quite broad; it doesn't just happen over night; the next day, you are fully informed while trading. Because they lack love for what they want to learn about trading, those who are eager to make money in crypto trading are also the same people who can easily give it up.

Keep away from pessimistic and build up your confidence to be success in trading, don't make your losing controlling your self and quitting is not one solution when failure in trading exactly for beginner. I don't think all success trader right now never got loss exactly when first time with trading in cryptocurrency. They faced many time with failure but keep confidence and believe one day later will earn much profitable and trading will change their financial life. Your loss experience in trading will teach you how to be better for next time, don't give up early if you got one or two loss in trading because success way in trading is not easy and need to faced many time with bad experience.

I talk based on my experienced in trading although not really success like the other but I fight with quitting or stopping with trading after getting loss in many time.

Don't be disappointed if you lose trading because when we want to trade something new there is a bit of risk involved. And once you lose, don't be disappointed because there are many experienced people who trade for a while but they don't give up and they succeed. So be patient and take time to trade and success will come.

I think every beginner have experienced loss in trading and had come to the point where we wanted to stop because of the failures and disappointment we've experienced. Expert traders nowadays also experience a lot of losses, but amidst all the losses, they still continue because they are willing to try and to succeed in this industry.
I believe that what makes a good trader, is a trader who is full of experiences. Because these experiences will serve as our lesson which will help us to become better traders. Always remember that failures are part of every success, and sometimes you have to deal with hundreds of losses before you acquire your first win. And this is the same in trading, there is no beginner trader who is good right away, but through experiences he/she will become a great one.

Its okay to loss as a beginner but you have to be careful. Though if you’re really keen about making profit there are good function that can help you as a beginner, just like copy trading feature on Bitget exchange.

Well said, cause there are a lot of people who's already knowledgeable enough to engaged in profitable trading, but due to they lack effort and being lazy, they doesn't have an progress to learn, cause experience is also a must in this industry, without your own growth, for sure you wouldn't last long if you only rely into anyone's calls and decision.

If you're eager to earn money, then you must be eager to learn as well. But if you find trading too draining since you would have to put analysis, skills and methods just to profit, then trading is not really for you. I'm not discouraging newbies, cause you would know this situation if you already doing trading on your own. For me, it really affects me mentally so I sticked with investing.

Quitter never wins and this should really be instilled into your mind that you wont really be that progressive if you wont really be that making yourself that doing such action on which you are really that afraid to take up some risks just because you dont really like on losing money which we know that this is an inevitable thing once you do touch up trading career but it doesnt mean that you would really be losing all the time and this is why we do really need to learn because once you do have a good grasps towards it or simply have lessen out the risks on losing or making bad trades then this is where you could really be able to tell that you could really be able to make it as a source of income on the time that you would really be able to take that kind of good decision making or dealing with trading.

Everyone do starts on being a noob and come in mind  that having those mistakes are learning curves on which it would really be making yourself that way more better
or enhanced. If you arent that welcoming those mistakes and errors then as i said, you wont really be making yourself that progressive but instead you would
really be just be passive or would really be having no skills to be known or would really be learnt up and this is something that not recommended.

You made me laugh my friend, you narrated it as if success is that easy even over time. If it's about perseverance alone, many traders would be successful today after trading and gathering experience over the years. But the repetition of the losses is the case of many to date, even for those that had spent over 10 years trading. The truth is that "many are called, but a few shall be given," this explains why there is a very high level of losers than winners. I'm not saying that a trader can't eventually become successful, but do you have all it takes? The bitter truth is that it will always happen to about 1 out of millions, which is why one should be prepared for the worst even as they trade, lose and still continuously learning.

I'm been too factual about this? Don't mind me, but that is the truth. Still, in this, I was able to become a consistent trader because I didn't give up, so it's left to you and your determination to be successful in trading. Nevertheless, be sure to have good trading strategy, management, plan and balanced psychology, they might go a long way to determine your fate in trading.

Yahoo! That's exactly what we all need! :D :D

When you're in a game, you might lose an established position, but as long as you don't lose the wicket, it's all good. Losing by runs doesn't really matter either. What truly matters is not letting your entire capital get wiped out in just a few trades.

It's not like losing in a game of chance, where you can easily bounce back. In the world of trading, if you've been consistently making good profits and then suddenly face a big setback, the road to recovery can be much tougher. Those who've faced losses early on, however, have experienced the psychological pressure and have learned to adapt to it.

From a psychological standpoint, it's important to be aware that constant profits early on can make you more susceptible to greed. When a significant loss does hit, it can be painful, but it also builds your resilience. It's like toughening up – it may hurt, but it ultimately makes you a more patient and composed trader.

There is nothing easy about the initial trading experience. Pro traders, even if they don't immediately become professionals, now this is what really needs to be discussed, how they can successfully make a living from trading results, of course there will be a lot of bitter experiences that they have to face, so that they can survive until now. So don't be discouraged if we fail, we can correct ourselves so that we find a formula for our problems in trading, and that also requires a process that is not only short, it depends on us.

Trying something new does have its own challenges for some people. At the start of trying it, there are some people who fail and can correct their failures so that they become professionals in trading, but in my opinion, if we have started trading, it will be better if we really understand it well and will It is better to have a friend who is experienced in this field who accompanies us in studying it so that if we make a mistake in trading we can still correct it and return to trading and the most important thing is that we do it consistently so that we can get satisfactory results from what we have learned.

Trading often starts with hurdles, firstly when someone learns trading he has to pass through many hurdles and then when someone starts to get into the market he also has to face many hurdles. And when a person came through all these hurdles, somewhere in the form of a loss while somewhere in the form of family problems, while somewhere in the form of mistakes. These hurdles normally come in the way of a person if he wants to earn something and learn something.

But if that person who faces all these problems and hurdles after that was so strong in the end as you had already mentioned above. But if a person didn't face any of the hurdles then how could he be the best of all? One should know about it and one should only know if he tries it and passes through it, only then he will be called a trader.

None other than that because we still don't have any understanding or knowledge there and it's natural because most people when new to any field will definitely be confused and have difficulties about what they should do and when facing problems or challenges they also have to think hard to get through it, for the beginning it will usually fail but that's the process where when you have managed to get through something with failure then one day you will be able to get through it easily because you already have a powerful recipe to overcome it, and none other than that you will get when you have been able to get through some of the difficulties that are there which we usually call experience.

Yes they will be able to really understand if indeed the profession as a trader is suitable for themselves, the fact is that not everyone can enter this profession, and in my opinion this also depends on the personality of the person or themselves respectively. If you are one of those people who has a character who does not want to be complicated or does not like complicated learning like trading then you will not be able to become a trader or even to become a professional trader. I think trading is only for those who are happy with new things, who like challenges and also who have a consistent character in everything. Yes, you can also learn from some professional traders who are very experienced so as not to be misguided.

No one should ever think of giving up in trading because everyone started the same way. Nobody started trading as a pro or an expert. Loses is necessary so we should not be disappointed when we make loses. Anything we make loses, we should always see it as an opportunity for us to get to the next level.

There are different level of because a trader and whatsoever level we are, we should not be dissatisfied or feel disappointed because we have not been making profits for so long. We need to remember that when thing is becoming hard for us, we need to buckle our shoes and prepare for the worse so if in case. Nothing good comes easy to us.

If you give up then all the struggles and sacrifices you have made in trading so far (skills, capital and time you have spent) will be in vain and return to zero, so when you decide to trade at the beginning then decide not to stop until you really make a stable profit, most beginner traders not having good preparation when starting trading, this is what underlies them to quit before they even have half the insight and mentality as a trader.

This is one advise I wouldn’t want to give anyone, ‘not wanting to stop!’ Even when it’s not favorable. I get it that, persistence somehow gets you there but, is it always the case? It’s what motivational speakers will want us to believe and even though I subscribe to the ideas at some instances, I don’t think it overly applies in all cases.

There comes a time when one has got to realize that, something isn’t just working, it ain’t got me and you just give up. It might take a gradual process to come to this conclusion but, not everyone are supposed to be traders.

Hence you’ve put in a good amount of effort and it ain’t working for you, gone through several courses, teachers and practices, tried various strategies and it ain’t going good for you, you can always call it a break.

It's a great idea to keep learning by keep losing but who will compensate for the losses in the process? It is not advisable to keep your trading activity alive if you keep losing trades. If your situation is not improving then you should stop trading and keep analyzing your old trade record to find out what's wrong with your strategy. Perhaps you should think about using a demo account to test your strategy again and again.

If there is something we want to know or learn, let's just remember that learning is always accompanied by experience. We cannot learn if we do not experience defeat. Through experience, we can also see and realize if the style we are using in actual trade is right or wrong. We can't just learn lessons.

That's why sometimes experience overcomes what is known only through education. For those who have experience in trading, they don't know and don't notice that what others are studying, they are already applying what others are studying that they don't know they have already studied. That's why it is faster for someone with experience to understand what someone else is learning about trading because, while learning it, when someone has experience, he knows what is being referred to in theory.

seriously some people might afford to keep losing but i'm sure huge share of our population wouldn't afford loosing three time in a row otherwise they went bankrupt.
capital need to come from somewhere even using demo account doesn't help either because they are just wasting your time mainly because these aren't real trading where your emotion will get heavily influenced due to the fact that you are using your hard earned money and risking it.
learning from other mistake is enough in my opinion and if you keep losing after that maybe you just don't have the talent and might consider switching to investing.

Everyone has a starting point be it small or big, we all have were we started from and how we have passed through the curdles of learning to have achieved the position and state of were we are today, when we do the right and normal things, we will never regret our decision in life, just as every glory we see today has a story behind it, we need to pay the price bow or later when it would have been too hard or too late to start from somewhere.

Yes that is the basic problem when one goes into trading, some people cannot bear the continuous loss and if it is indulged in then it will not be good for their financial condition. Maybe they have a certain income every month, but that income still has to be divided to meet the needs of daily life and others not just to be allocated to trading alone, especially if those who already have a family.
Financial management will be very influential in this case, maybe we can allocate a small amount every month and it should be maximized. But the problem will come again, where mental pressure will exist when we continue to experience losses. A thing that is difficult to avoid especially if the one who does it is a beginner or a person who is new to trading.

And from that point of start, most traders that are new to it are likely to quit. No matter how easy or hard it is but when they realize of what they tried to do, the discouragement is bigger than encouragement.
But those that becomes successful on it, have gone through a lot of hurdles and it's not easy pavement for most of them.
It's fine to check yourself when you really can't do it as not all traders are making a lot of money on it. Most are losing and those that are staying get bares enough and that's one big reality.

Since bitcoin can be purchased according to your budget, you can keep buying until you are satisfied. Trading involves risk, though, so management of risks should be taken into account, so you can always trade with a small amount of money. If you want to buy and hold Bitcoin, it is best to start big so that you can better understand the whole structure and also know what section you want. It is never too late to begin using Bitcoin you can do so at any time. The only consideration is that if you want to buy bitcoin to hold it, you should do so when the price is low. It is the situation that should be taken advantage of so that there won't be regrets. that is exactly what happened when Bitcoin was still 5000 dollars the opportunity is here again.

You can take a break. Trading will always be there. It’s only you who can compensate for your losses so you have to take a step back, maybe chill out for a bit. Reflect on your trades, see what went sideways, and learn from it. There must be something that you have to do differently if you keep on losing. Rhat’s why its a good thing we have this kind of forum. Trading journey is given to be tough but with determination and a continuous effort to learn and adapt, a beginner can navigate the complexities of trading and improve skills over time.

As traders in the crypto business, we must know that we have a crypto purchase that we want to make. And we should also know what category we are in as traders—long-term or short-term traders? This is something that we individuals in the trading industry should know.

Then just start trading with a small amount, especially if you're just starting out; you don't need to use a large amount right away, although it's still our choice to prevail in the end. So, at least through our experience, we can learn there for sure.

Many new traders lose money because they allow their emotions to get the hold of them. When the price moves against their trade, they panic. They either exit their trade too early or hold on for too long, hoping it will turn in their favor, but the market does what it wants. If they exit too early, trading fees can eat up their funds because they end up with many break-even trades.
So, it's best to trade without emotions or set your trade and step away from your computer.

Even after learning trading, most traders fail. This does not mean that they will sing new songs. Here newcomers may panic and lose their wealth in excitement. But old traders also take advantage of bad market times. They learn about bitcoin every day. After repeatedly failing, he started anew. They don't need to sing new songs.

Failing at the beginning or when you are just learning is a very common thing and is also quite a good thing because everyone can learn this as a very valuable lesson for them. On the other hand, every successful person is someone who never stops learning and trying even though they have failed at the beginning of their learning, because these failures have become the key for anyone to get to a more successful place. So never stop when you fail, even if it's not once, because when someone immediately stops when they fail, it will always be difficult for them to start again.

Working on mistakes in trading and compensating losses involves not only revising and analyzing your strategy. And not only in changing the approach and using other tools. This is also about big work on your internal qualities, on your expectations, endurance, patience, emotions. And it is failures in this work that most often become the cause of unsuccessful trading. Although another trader using the same analysis tools may succeed, because his soft skills allow him to do this.

As a newbie, they're open to scam projects, due to their eagerness to trade on all the projects they found online, they tend to become victims of scammed projects because in their quest to trade and invest in projects, they are eligible to noticed scam projects and becomes victims. Newbies should take everything in the market serious, they should sit in good position to enter the market in good time. FOMO and FUD have grown to become the panic factor facing traders in the markets. In my opinion, there's absolutely no appropriate time to enter market other than sticking to our basic trading strategy for the purpose to generate profits.

My dear, there is no time you can ever compare a beginner in every business to an old business person, not if in the Bitcoin trading or investment alone ok,a beginner is always a beginner,but the most important thing is that as a beginner you need to be patient and keep trying and the more you keep trying the more you are getting stronger ok.

As a beginner always ready to accept any challenges you may come across with, been mistake or not growing fast like others, because there's a alot of process you need to undergo to become the part and perce of the business you are into and all this time you deserve patient focus and remain steadfast and move on ..
Again: sometimes a beginner May not have experience mistake in his or her investment or trading on Bitcoin business due to our carefulness,but sometimes we invite mistake by ourselves,due to selfish interest,or over greediness,in the sense that we want to be like okafor at the beginning without thinking of the implications as a beginner, that okafor did start today and become rich over night, rather he passed the due process,and such thinking can make one to make a mistake on trading Bitcoin or investing on it.. because you are totally novies ....

In order not to stop, you need successful transactions, they will motivate you to move on, but they will not appear on their own, for this you need to study. In trading, the laws of the market apply: if someone has earned something, then someone has lost it, so you need to be smarter than other players, you need to constantly learn to be one step ahead of others.

A beginner will make a huge number of mistakes, so from the beginning you need to trade with a small deposit, so that the mistakes made do not become a disaster, that will leave the trader without money.

There are people who do just let those mistakes and errors do continue and doesnt really have any plans on making out some adjustments despite of those losses then this is someone that cant really be that progressive
and would continously be losing up money until he would really be making conclusions that he's not really that successful on trading field.Whereas, into that someone whose really that good when it comes to adjustments on which this is really that something that needs to be done in the first place if you are really that serious when it comes trading.You would really be needing to adjust if you would really be needing to sustain or else then you would really be keeping on making on the same mistake again and again and this is something not would really be good on your bank.

Therefore, it would really be just that good that you would really be doing things on what are the right steps that should be done.Even though this market is unpredictable but doesnt mean that it isnt something
that could be handled up well. Its up really to you on what are the adjustments that you would really be making and what are the things that you would gonna do.
You cant really just be that so confident basing up on whats up or the thing into your mind.

I am not sure if I got all of your post correctly, because I faced some trouble to understand your English writing style, too much "would" and "really" and "adjust" for me, to be honest. But from what I could conclude, your main point is that confidence is not something attachable to trading. Yes, we cannot say about being confident about the actions you make on the market, but we definitely can say about consistency and adherence to the chosen strategy with its subsequent correction. This is the only way to learn the elements of trading and feel like you can succeed one day.

At the height of begining in investment and in trading, it is not a mandatory that everyone must fail to learn.
If there must be experience to take conciousness about, it could be of one learnt from others by admitting to enquiries and consultations.

Meanwhile... The failing on investment is sometimes on based on the fact that one does not devote passion on the sector of the investment before considering learning about the educational and marketing Strategic system of the processes.
However, you could at times get to extremely knowledgeable on the system but the crawling of the market could trigger you stake to loose due to unsettlement and persistence to patient.

The awareness of failure is a must key point to carefulness and to stand firm else it would be a weakening backup you falls and harden to be up again but if you can mastermind the floor and being adaptive to the system as a matter of fact, the slippery wouldn't be a threat to your walk through with your stainless garment.

It is not a problem for a trader to make losses but when he starts trading without basic knowledge and experience, he may leave the trading platform. There are some traders who make mistakes and learn from the mistakes and continue trying to succeed but there are some new traders who don't want to learn by himself and when they get hurt they leave the platform. If one leaves without acquiring knowledge, one must understand that he has been defeated. If a person tries to know then surely he can learn even if it takes more time. Trading is not a simple subject that someone can learn very easily. So a beginner trader need to be patience.

Yes that's right. Mistakes in trading are normal, but with the condition that you have to learn from these mistakes and turn them into experience. Because for trading you don't only need to learn to know the fundamentals of the coin you want to trade, but as a beginner trader there are usually lots of mistakes and with these mistakes you can learn to be better if giving up will make you lose.

When you decide to become a trader, your financial literacy will indirectly increase, of course in the right way. Analysis is important, it doesn't need to be as detailed as it is, the most important thing is that the source you get is a trusted source and you can analyze it independently, don't be taken in by "he said, he said."

Crypto trading is not easy, flying hours determine it. Start from crypto screening to select coins and enter the watch list based on fundamental analysis, technical analysis including news/trends. Then the timing of when to enter technical analysis. And money management, don't forget to maintain your psychological health as a trader.

There are many things to consider when we enter the world of real trading. We must be prepared and aware of every wrong strategy that we can use in actual trading here in the crypto space. And with every mistake, we have a lesson to learn. There can't be nothing, because with every mistake, our knowledge is sharpened on how to approach us correctly so that we can get a profit in trading.

And with every experience we have, even if it's good or positive, we still learn something from it. Actually, it seems that everything becomes balanced in every action and decision we make, whether it's right or not.

As beginner and old traders, Trading not something you can control that easily,Normally as a trader you are band to loss. Losses is not something you can easily neglect, But doesn't mean you can't manage or reduce it. That why at first before starting trading you must make sure you're  well prepared for any thing, And the other thing you should know is that learning and gaining more  knowledge in trading never ends.Because every day as a trader you learn, through losses or through profiting. Because no matter are you claim to be experienced in trading. Meh you still gonna loss, funny thing and also the dangerous mind set about New traders They are blinded with 'I'm going to make it big real fast' And that mindset only causes more losses I can relate lol 😅,So as an inexperienced trader you should focus on trading spot first before thinking of jumping to future. No matter what quitting is truly NEVER an options focus on achieving your goals.

There are weak traders who are easily discourage when they failed in trading. It's understandable if they don't want to continue and will just decide to quit since we have different mindset and approach when we trade.

However, if you're this kind of trader who can't stand having an experience where you lose then you can't learn. Knowledge is a must in trading and experience will give a lesson to be a successful trader. Trading might not be suited for all, but isn't it better to try first? Than quitting at an early stage.

And actually far more people give up after experiencing losses in trading. And usually people who give up easily are those who from the start thought trading would be easy for them even without sufficient insight. Because some beginners even immediately brag after getting some profits at the start of their trading. But then when they lose money, they start to get frustrated and decide to stop. However, learning to trade does take time. In theory it could be learned in just a few weeks or months. But in terms of mental or psychological resilience, more time and experience is needed. So everything requires quite a long process and patience. Because in the end it is experience that provides the most valuable lessons in anything, including in crypto trading.

Courage is the only way by using which a person can achieve his desired goals so it is necessary that take a lesson from your mistakes and losses and then move on because these little mistakes can become step for you towards victory. There are large number of individuals who never attain their goals because they are afraid that their money will be lost.

I think that losing of little percentage is necessary sometimes because in future you will always avoid to repeat these mistakes. By leaving one field due to negative thoughts will make you emotionally disturbed so whenever you find that certain field is successful but has some risks then you will never accept it because you will feel fear always and will think negatively instead of the fact that better side also exists here.

Every thing is like that, meaning that everyone who wants to take action in trading with a certain strategy is not expected to feel afraid of mistakes in their strategy. Because everyone can always learn from mistakes when everyone is willing to accept these mistakes as lessons that will direct them to a better path and I quite agree with what you said.

Usually, one mistake we have made will make us more mature in facing all conditions by continuing to make improvements to other work as a whole. Because the first mistake is a lesson that must be remembered when you want to do anything new in all sectors, including in very real trading sectors such as the crypto market.

Everyone talks about how important it is to learn, but not many traders do it. Even those who understand the importance of stop loss and the risk of management neglect these rules at the most crucial moment, and then say that they have lost their entire trading deposit. First of all, a trader must develop discipline within himself and create a list of rules that should never be violated and follow it with a small deposit, if it shows positive dynamics, then you can begin to increase your trading deposit.

Traders who would like to join the world of trading without prior knowledge and lose their assets are the most often quit this trading industry possibly the reason is they cant afford to lose, and not interested anymore. Some of them keep continuously learning with trading, they learn from themselves or hire trainers or coaches so they can really learn. Actually, a lot of information in the internet all you need is to have the will to learn you don't need to hire other people anymore. It is survival of the fittest only the people who have the will to earn in trading will reach those profit they want.

I have a list of rules that I learned and made over time, And there I written in huge red bold text that never break a single rules listed here. But in last after getting loss after loss, I break them sometimes I profit from breaking the rules but most of the times I bust my whole account, So it is important to build discipline and patience gradually. Trading is a game of patience if you are young you have strong desire to get rich quick then sorry, trading is not for you, trading is for people with patience and discipline. I am now becoming a little disciplined following my rules. but who knows in future i will break them or not.

Actually true story90% of people fail in training I am talking about many experienced people I know who have done very well in trading in past days but still they fail because trading is not new and ancient here Any human can fail so you need to gain experience and be patient before playing here now if you come to trading with small capital and if fail Then it is natural that you will not have the courage to do anything later So think newbies should invest in Bitcoin with spread knowledge without going into trading and wait diligently and go to work.

Yes I agree, because beginners tend to lose money at first because they skip a lot of prcess such as training and such, there are demo acoounts in every trading platform but they choose to trade in a live acoounts you which resulted to lose of capital and lead them to quit. Good traders start as a beginner and experienced lose even they have years of experience in trading, thars right we never know what will happen in the market so lossing a trdae is a common, its will depends on how will the trader cope up. Anyway trading journey is not an easy thing, Its good that the op has a good mindset and optimistic side which will be useful for him to cope up whenever he faced lose trade. I personally cant consider myself a professional trader as I still experiencing lose trade which is the fault of the market.

So true. Discipline also plays an important role in trading. Because no matter how good the analysis we have made, we have careful planning and we also keep a journal to see our trading performance. But none of this will work properly if we ourselves are not disciplined in carrying out the trading plans that we have created ourselves. And talking about discipline is actually also closely related to emotional management and related to our own mentality. For example, we have a profit target and stop loss target. But because our mentality is weak, sometimes we sell when the profit target has not been met or sometimes we become greedy and want more profit and miss the profit target that we have set and planned from the start. Well, discipline disappears here because we are not good at managing our emotions and mentality.

But I was also in a situation like that. In fact I learn more slowly. It took a few losses until I finally learned everything properly. And it turns out that increasing experience also strengthens our mentality and makes us more adept at managing our emotions and when we are good at managing our emotions and our mentality is strong, we can become more disciplined.

Everyone has experienced losses in trading, especially if they are still beginners, almost everyone has felt it and it is true that the steps you take should never stop. What you convey is reality and this is expensive knowledge from failure.

Coincidentally, I am also in the failure phase in trading and most beginner traders have the wrong mindset from the start, namely wanting to get rich quickly. Maybe this was my initial mistake, but I prioritize looking for techniques, analysis and the latest information, of course learning from experience.

The key to trading is in your mindset. If your mindset is good then your psychological condition will be good, so you can control yourself when you enter the market. because it is not uncommon for traders to be psychologically damaged, resulting in high levels of greed and self-confidence resulting in losses.

No only on trading but also in other aspects or things that you would really be encountering along the way on which you would really be needing that kind of discipline or control of things on which you would really be needing such thing to assess out whether you should really be that continuing or would really be that holding into your position.In speaking about trading then there's still so much things that needs up to be learnt or simply
you would really be needing up that kind of common sense and trying out to adapt on what are the things that should really be needing to be done so that you would really be able to make yourself that
hover out without much of a problem because if you dont really that mind on what those things along the way then it would really be that a huge problem.

Being new into this industry then it would really be that hard which it would really be just that normal, therefore you would really be needing up that sensible way on how to approach and act
things accordingly. You cant really just that make yourself that rush into things without proper understanding on things or situations that you are into.

New traders face the most losses in trading. Without any thought they directly participate in trading just for the purpose of earning money and they are forced to lose their wallet. If trading is possible then one must have knowledge about the market and subsequently about various exchanges. Trading according to the season is definitely possible to be successful. Although currently time trading is definitely profitable as the market is most up and down during this period. And the more a trader trades, the more experienced he is and the less likely he is to lose, because trading is successful if he can research the market.

To me, I see Trading as similar to playing a game where you need to learn from your mistakes to become better. And quitting should never be an option because even if you lose you can still learn something from the experience. The idea of learning from mistakes and growing stronger as a result is not only applicable to trading but can be applied to all sorts of areas. It's often said that you have to lose to win. Some successful people who lose early in their careers often come back stronger and more resilient because they've learned from their mistakes. The same is true in trading where failure is often seen as a learning opportunity. Although it can be easy to get discouraged when things don't go our way but if we shift our perspective and see every loss as a chance to learn and grow, we can keep moving forward even when it's difficult.

There's a popular saying in pidgin that goes like this, "Na person wey give up lose" meaning that "You don't fail until you quit." And I think this really sums up the idea that losing is only a failure if you give up. If you keep trying and learning from your mistakes, you'll always be making progress even if it doesn't feel like it at the time.

Whether we are interested in learning from other people's mistakes, the most important things is that we are still going to make our own mistake so we can have the experience as a crypto trader. Trading needs a great knowledge and experience for us to reach a level where we don't make too much loses in the market. As a beginner or newbies, we need to be prepared to learn and also ask questions so that we can learn those things we don't understand. Having a mentor as a newbie will help us to understand the market and how it works.

It means that the best teacher for us to learn from is the one we turn to every time we make a mistake. Because it teaches us and also makes us realize that what we did should not be done or repeated. Rather, it helps us bring out our true potential.

So, the saying that experience is the best teacher is true. So even from Op's experience, we also have a lesson to be learned in reality. as long as the important thing is to never stop learning and instead continue to learn.

Confused, fearful, FOMO, freaked out, disappointment, unsatisfaction, losses, etc.—let's put it in a simple word: total disaster. I know most people started with these kinds of mixed feelings, but it will clear the path in the future. Early trading is not even easier either. Scammers have been the major headache from the beginning until now. There is no doubt that beginners will fall for their trick easily without even thinking. And telling the truth honestly, the major reason why many people entered the crypto market was due to scammers. I don't know how much you earned or sacrificed in your beginning journey, but here you are, so remember those days with pride and keep going.

No doubts, as it's very true that you don't turn out the best trader in just one day, rather it's a gradual process where you continually learn. Even when you turn out profitable you still keep learning as learning never stops you only keep knowing more and becoming better at it.

Quitting because of initial failure is actually not a good idea because others who persist and didn't quit will definitely get bigger someday and you would wish you had continued, it is very normal with trading that you will definitely become successful some day only if you stay consistent and keep improving on your trading skills, continuous study and practice gets you to the point bof optimal profitability and becoming the best in the game, the mistakes helps you get even better because you learn from them.

Those who have succeeded in making a profit from trading but are still studying it so that they have good knowledge about the trading they are doing, because if they no longer study it and when there are problems they encounter then they will experience difficulties because they have not studied it.
You are right, those who correct the mistakes they make in trading will of course be even better at the trades they make because they already know how to avoid the losses they have experienced.

It doesn't mean that we already know a lot about trading, so let's just rely on what we already know. It's not like that, of course. Even at the point where we are making a profit from trading, we should not stop learning about crypto trading.

The more we experience profit here, the more we encourage you to continue learning about trading somehow. You never stop learning; instead, continue to learn to grow more in the future.

except learning from experience in trading journey would cost you hefty amount of money, you know not everything need to be learned from first hand experience, you could be learning the guide to trades and its quirks and save some bucks for your future trading journey and it will make no difference compared to learning from first hand experience because you know what is the mistake and what is the outcome.
I've indeed seen many people that have learned not to get scammed by getting scammed first, also not getting greedy by getting greedy first especially in trading career but i've also know that many of them don't come back into trading because they just already drained their capital just for the sake of getting that experience and learning from it, is it worth it? I don't think so.
had they learned trading and its quriks they would've not lost all that money just for simple mistake.

Oh, I totally get it! Sometimes, when we're in the 'newbie' position, it feels tough, but it's really just a matter of time and learning. Getting through it can seem a bit challenging because we're diving into something new. For those who enjoy new things and have some talent, it's even easier.

I've started to see a new perspective on being a 'newbie.' Instead of it being all about facing failure, I now think of it as a matter of time. Being patient and enjoying that time doesn't seem harder than never moving forward at all.

Yes actually in any field when our status is still a newbie then obviously everything goes like very heavy, none other than because we have just entered the profession or field along with the many limitations that exist within us related to the profession, and also in addition to the field you choose is trading where not everyone can be involved in the world of trading because of the difficulty of learning that is there, but yes as you said all this is just about time, if you continue to be consistent to learn over time then you will believe that the process will never betray the results.

On the other hand, yes, this profession is quite difficult because it is not only preparing something from a physical point of view but more organizing everything in ourselves such as being more responsible and also training mentally and psychologically so that it can be stronger to minimize the chance of risk if it happens later. And yes that's right buddy, so the point is just live it, never give up in terms of learning, it's not difficult but you need time to adapt to all environments related to your new profession, the key is to be patient, consistent in learning then you will be able to enjoy the satisfaction when you have managed to get consistent profits like a professional trader.

depends on whether the first failure that we are talking about gonna be draining us out of our wealth, as a beginner trader sometime just outright put out all their money into their first trading, they literally one bad decision away from bankruptcy and definitely couldn't go on continuing their trading career with no money and their "experience" gained from 1 bad decision.
but overall indeed people will get better from learning their mistake, sometime learning from book doesn't really give the impression to them so experiencing loss would teach them a lesson.
but we should know that even if we are experienced trader that has incurred loss, doesn't guarantee that we will have smooth sailing trading in the future, market is ever changing variable that gonna confuse the hell out of many people trying to profit off some small margin, or you can say, daily traders.

I think even those who have traded and experienced losses will still be interested in learning more, because they feel they can do it at a later stage, but there are some who have tried many times and it seems like they have stopped, either for a moment or completely.

In the beginning there will always be losses, so it’s worth starting with a small amount, I think 100-300 dollars will be enough to start with, to identify the main mistakes for yourself and not worry too much about the money that will be lost.

This does not guarantee that there will be no losses in the future, it’s just that very serious mistakes may be made at the beginning, and in the future you will be able to avoid them. Trading is a complex activity, it seems to me that if you approach it with the proper attitude, devote enough time, and strictly follow the rules, then you can achieve a certain profit, for each of course this will be individual.

Everyone responds to failure in trading differently. some of them fail because they don't know anything about trading and crypto. There are also those who are wrong in determining trading strategies. and it requires improvements that will keep them in the market with other learnings so that their trading skills improve.
It's different for those who don't know about trading or even crypto. they follow trends that are cool in their environment. such as friends or family. it arouses curiosity so they try it. without knowledge and skills. of course, continuous losses will make them choose to exit the trade and will not return.

Of course, learning to trade uses real money, some people who stop may have their own reasons, for example there is no capital and other things that make them unable to trade anymore.

Definitely agree. Meme coins are indeed something that is tempting and often very hyped, thus making more and more people interested in investing. But basically, this is a very risky thing. Yes indeed, all crypto investments are certainly risky. But with meme coins, they are quite high risk, especially because they are packaged in such hype that it makes people experience FOMO. And the effect is a huge loss of money for newbies or anyone who doesn't understand how to make use of the meme coin hype period. And this is indeed like gambling, sometimes you are really lucky to get extraordinarily high profits but also end up doing the opposite, falling into a very deep abyss until the price can no longer come back. And this is also a matter of the right moment to buy and sell it, so that when it is too late to take profits, it could be that we have really lost the moment.

Thinking about stopping when you are involved in a trade that always results in losses is wrong, but the step you have to take is to stop for a moment and correct yourself from where the mistake arises so that it always results in a losing trade. On average, new traders experience losses when they try to learn trading, but over time this can be overcome slowly because it is natural that at first they are still learning. As time goes by, experience and knowledge will bring them to a maturity stage in trading and therefore experience is needed to make a better trader.

If they have entered 3 or 4 years of trading but still continue to experience losses then the advice we can give is to stop because it may not be our trading skill. Rarely do we find people who consistently learn but will experience continuous losses in trading because even though trading is difficult, if you learn it properly, people will definitely know how to do it.

When someone faces failure in the trading they do, of course everyone has a different way of resolving the failure they experience in trading, there are some people who will not learn from the mistakes they make and there are also some people who correct the mistakes they make so that they get profit from the trading they do.

If someone trades only based on following other people and they don't have the slightest understanding about trading, of course they won't be able to survive the trade for long because they will definitely fail in trading and also they won't like trading because they have failed from the trade they made.

Totally agreed mate ,I cant count the number of accounts i have blown up back then as a beginner trader  .It takes alot of time and effort for one to become good at trading ,The skill is not that easy as it is advertised by any many people on the internet it takes alot of knowledge and patience for one to become a consistence and profitable trader.

Hahaha seems like you lost a lot of funds and now you have gained some experience. I appreciate your tolerance and your words spreading positivity and taking every step will make you closer to the "Gone are those days". As a beginner working hard and losing funds after that continuing working and not losing hope is a very difficult thing and every person does not tolerate it. When someone starts trading he will face many hardships and issues will arise but if he does not lose hope then he will be going towards the legend of trading. we think that only beginners will lose funds but sometimes those who believe that they are the master in trading also losing funds because the market is so volatile and your small mistake will make you a huge loss so be careful with that and never fall in overconfidence.

The things you mentioned are thorns that we need to step on, because surely every beginner will pass through it, even professional traders must have also experienced it.
But maybe for beginners who can learn from other people's mistakes it is much better, because even if he stepped on such things he knows that he will make mistakes before making decisions and learning will be much faster than a beginner who crashes into all the doors of the trip mistakes Beginning to become a trader.

Risk management, financial management and trading strategies are also necessary to learn so that every mistake that might occur we can anticipate, it will be more effective for a beginner who wants to learn.

Well, it could be the hype that these scammers have been doing just to attract innocent people into trading. And because of the beginner's greed to trade and earn quick profits, then its undeniable that people easily fall on their traps and lose on their initial trading capital. And it usually happens to most of the beginner traders, simply because they don't have stable knowledge and their trading skills are not yet developed.

However, being a victim of scammers could be an eye opener to everyone that in trading, you can't trust no one but only yourself. So trade with knowledge and skills, and with the right attitude to trade, so you won't end up quitting in trading just like most of the newbies have decided to.

trading isn't an easy thing you just put some investment and get profit.
successful traders are those who have patience and can control their emotions.
it is not like that experience traders will getting profit always, still they lose a lot in trading,
without mistakes or losses how as a beginner to become a professional trade that's absolutely correct to me, quitting is not a solution if you wanna real traders.

We need to be able to recognize for what purpose we get news, probably for some purpose of manipulation, so we need to recognize how much this news can meet our expectations. News can influence the cryptocurrency market, this has always been the case, so it is worth following the news, but at the same time you need to be able to recognize how the market will react to it and how true this news may be, or perhaps it is fake.

And also it is very important to keep asking yourself why the particular news appeared at this particular time. Because timing could be a way to manipulate market as well, not only news itself. And when you put together and correlate the news and the time for those news. This would be quite helpful in understanding and analysing the situation in general.

To be a strong and experienced trader one must analyze the market for a long time and have good knowledge. When a new user comes to the market for trading he has little idea and not much experience about the market due to which he is always exposed to risk. Moreover we have seen many experienced traders fail in the market and lose half that's why we have to start trading with that caution. We know trading is always risky many people start trading without knowing this and sometime they lose money and get emotional. So take good advice and don't enter the market so fast but enter slowly and get higher education and then start trading.

Very normal for newbies to be that having that still being greedy when it comes to their trading sessions on which it is really just that a normal approach or reaction because due to lack of experience and knowledge then you are really that bound on losing or making mistakes due to those wrong assumptions or beliefs that you do able to see around.  Experience would be the best teacher and being a noob is something that we do all experience and there's no exemption to that. Time comes that we do make ourselves better as the  time we do get engagement with trading. Hardships and challenges are really that common.
It is really just that right that you should really be making out adjustments and would really be that just right to be that be versatile.

Experience would really be tons of ups and down because market is unpredictable. You would really be finding yourself to be that progressive as you do go forward.
We do know that once you do able to get used to on things that you are current dealing with.

Tough is the right word that fits trading but as you get going in learning, training and experience acquiring, you get to be better and the toughness starts reducing until you find trading easy. Yes, trading could be easy and I'm a practical witness to it, it all depends on you and how you navigate to achieving it. This was why I started the write-up with learning which is reading and getting exposed to trading and trading materials. It's after this the trader would step it up with training what he has learned, yet, the learning must continue, it's that important because it is the search for new ideas, and the more you learn and train what you learned, the better for you as a trader.

These two are what impact the right experience in traders, and to gain this experience takes time and dedication. The journey will never be rosy as the trader might lose more than money in the process, but the moment he's fully equipped with much trading experience, trading becomes easier and earning might be easy at the same time if the trader follows it through the right sources and also trained well. Traders' creativity and plan, management and psychology also matter to their success.

I think about 95% of new traders make losses in their first trading session. At least experienced traders can only trade successfully. Trading is a way where money can be lost within few minutes and a lot of money can be made within few minutes so only experience is more effective here. Moreover, a successful trader knows how much practice they need and how much money they lose at first trading time.

Trading basically needs time to understand and we can't say after listening to some audios and watching some videos on the YouTube we can't say that we are now a best trader, as it also requires certain time and the way top traders give the time to trading is exceptional. As they are also rewarded in return in the form of their target hits in the exchanges and they got the profit in return.

But newbie made some mistakes which always leads even if a best trader made a mistake he can also be suffered from the loss but he may be know how to recover himself and even the newbie didn't know how to recover themselves still they only made mistakes. Newbie need to work on their strategies and make themselves at a better place where everything can be picked easily.

Trading is not that easy as we think. Trading could only be beneficial when we have something better to do it for the trading.

Also we have more to learn in trading and more to explain in trading. Mostly traders made mistakes in doing trade on long pairs that should also be related to all the recoveries who have been recently.

And the users who think trading would be risky, definitely it is risky but it could be beneficial as well if we could learn it form time to time and if we could learn from the mistakes we have made recently.

It's rare for me to see that a newbie in crypto trading is able to earn a large amount of money even though his idea of crypto trading is not that broad, just because he found a good opportunity in the market, so he immediately got a nice and good profit here in the crypto space.

My experience was when I was just studying and didn't know anything about understanding trading here in the business industry. What I experienced was that I made money in 2017 in cryptocurrency because I joined the ICO, and the rewards that were paid to us were the project's token itself. When it was listed on the exchange, its value increased a little before dumping, so I immediately sold it, so I got a profit that could be considered huge at that time.

That is a great story, from those, which inspire a lot of people to get acquainted with crypto field. However, it is hardly could be called trading, I guess. it was not systematic activity, it was more about luck, than analysis, that is why it is nearly impossible to repeat such case even one more time, not to say more than one. From my point of view trading is something you can more or less predict, count, it is nor gambling, it is more mathematical and statistical. 

To me trading might be crazy sometimes from the point of technical analysis , a market could test a trade attimes  leaving a trader some little hope about the market, but how will he know?? Nobody does  ! Trading is hard.

And I believe what you said that we have more to learn in trading, Either  trading or investment  learning  never stops, sometimes you just need to put off all you know to trade as it could make you learn better , the key word "Learning never stops".

Learning trading from time to time without profits could make our efforts seem futile sometimes  but with more learning  definitely something good will come out of it and this does not holds only for trading but also investment. I believe Knowledge is power and can only be attained through  learning,its a process , we just have to keep on learning

Yes, trading is not easy. However, it is easy to present, which is why many people think that trading is easy. For example, trading is buying when it is cheap and selling when it is expensive. However, if we delve into it, then it is not that easy. There are many points that need to be paid attention to, and perhaps we will face failures that can make us gain new experience and knowledge. However, as long as someone does not quit trading, they will get the pieces one by one so that they can become professional traders in the future. Consistency will bring experience that will make traders grow even more.

My first trading time it happens that you suddenly get big profits so you start quickly without realizing it. I first started trading by watching a YouTube video but it was a loss then I practiced trading from this forum and got many ideas. But beginners always make the mistake that they rush into trading after seeing the basic profit amount of the second person which results in their losses being high so in my opinion one should not be too hasty with the first time trading.

OP isn't wrong that we lose as beginners and that's a lesson that we will bring when we trade because that's how it should go. We don't know how to trade yet and we commit mistakes and let it lose all of it until we learn what must be done correctly.
The experiences of the most are significant and the same about losing and winning but the majority is in no doubt losing first.

For those that started and then made a lot of money. That's just luck, there is no way that you did it because you're skilled but it's all about you being lucky. But then, from that profit you made, that's going to push you through and make you more interested into trading because you have already felt how it is to be a winner trader.

Watching is a YouTube Video for the trading without proper knowledge about the trading and without the proper strategy following is of no use. This can only give you a less information about the trading but loss will be there and also risk will be on peak. First time trading is always difficult in a sense as the person didn't appear before in the trading mechanism so the adjustment of the trading strategies would be tough for him as always during the first some days or even months of his trading.

Then with time to time he learns something from his mentors that how could I get profit in what ways I have to take entries in different coins and how could be better to take profit from different sides? etc.

Well, trading is easy to learn but because of the volatile nature of the market, learning the basics is not enough to become successful in this field. So why do only a few traders succeed? It is because they keep learning, they keep enhancing their knowledge and skills, and most of all, they were able to control their emotions. And we also have to remember that trading is not for everyone which means that quitting can be a great option if we never see any improvements on our trading journey and keep losing.

No, you can trust some people. You have to. You deposit funds in an exchange to trade don't you? Then you have to trust the exchange.

Avoiding scams isn't about simply blind distrust, but about recognizing greed and carelessness. Most people get scammed because they want something so bad or are just too careless.


Make your mind up man. First you say your first trading time gets big profits. Then you "start trading" and got a big loss.

If you want to spam at least make sense.

But not every time the news influences the crypto or bitcoin industry. It just depends on whether the news that they will give updates to the crypto business is quite strong.

agree because, in my experience, it took me years before I really understood trading in this industry. Because it was really hard for me to understand, several times if I went back to what I was studying and I didn't understand until I understood, I was really patient, and now it's worth it somehow.

The most crucial stage is the beginning, when a trader starts trading. In these days, mostly traders depressed because of loss and lose hope that they can't do it.
But when the traders learn the basic and do practice again and again. He/She learn by their mistakes. No one becomes a hero at the first day. Every successful person is pass out from this stage. So, don't worry and keep working

At first I used demo account to practice and thinking that when I use the real account I would had enough profit from the trade and immediately I deposited a very big amount so the profit would also big but I lost every to zero percent and I got angry and left trading for some time. I was not having that first timer lucky. Though not everyone has that patient to have that strong mind to continue after losing to trading.

If anyone overcome the beginning level of trading then then person can do well at the other levels. And the most important stage is how to understand the stop loss and take profit and when to enter the trade. If the trader can do all these then he or she can trade well.

Honestly i lose a healthy amount in trading while i was newbie and still experience loss in many tradings although now its suitable time for trade as this is Uptrend market. But trading still suppose to be complex what i haven't fully get yet. Cause it isn't so simple like began a trade and keep making profit. It needs to acquire knowledge, controlling emotion, ability to make analysis and many more. and market keep changing everyday, not following any fix stategy. That's why its better to start real trading after know about all the things. Till then, better to demo practice account or doing it with very low amount just to check your progress

For those of us that had been trading in the market for long, we might be surprised that trading has different stages for us to overcome to be a better trader. Just like you have explained, one of the challenging part in trading is at the beginners stage. This is the stage when we need to learn more about trading and how to be a better trader. Trading is profitable but the process can be very stressful for those that are just coming up to be a better trader.

You won't ever know everything about all of this things. If it it was possible, everyone would make profit, and losses wouldn't happen at all. The market is not something stable and repeating. It always changes, and being a good trader means make use of those fluctuations and adapt to them as quickly as possible.

Something that beginners always miss is risk management, including me. I'm probably the person who first learned about trading and entered into it immediately suffered a loss. Yes, at that time I did look at the influencers who were always making profits. I even followed a lot of signal groups, from free to paid groups and the result was still the same. From then on I switched to a demo account and slowly started learning the indicators that help in trading. Although now I'm not like a professional trader, but at least I understand more than I followed the signal group.