Whether newbie or experience trader we should not forget the fact that in every business there must be profit and lost, but one ability to make his profit overshadow his lost is what makes one a good trader.
As a newbie you cannot just venture into trading without having an understanding of what trading is all about, so even the newbie is well equip and knowledgeable, just like the experience trader because I don't think one will just want to lost his money just like that.
So the most difficult time is when the market is down or doing bear
It cannot be denied that profit and loss occur in every business. The difference between a new and an experienced trader is that the newbie does not know the profit or loss, where he can make a profit and where he can lose in the trade. In any business an experienced person takes a step he believes that he can get a good profit from it, whereas a newbie does not understand any step properly so he may end up with loss instead of profit. How a newbie has knowledge like an experienced trader If he can trade like an experienced trader then how can we call him a newbie?
You may think that the most difficult time is when the market is going down or bear market, but experienced traders can get good profit from trading in bear market and even when the market is falling. So try to know the difference between a new trader and an experienced trader.
If there would be no losses then i would say that its not a business or venture because we know that when it comes to risks then we do know that its not something that there's no exemption when it comes on incurring losses and this is something that you should really be that mindful in speaking about the risk. When it comes to difficult times then it would be just normal that in any business venture there's always chance for you to make yourself that having those losses and this is why it would really be that important that you should really know on how to make yourself that having those back up plans on whatever you are dealing with.
Make yourself that knowledgeable and trying to hone up your skills and experience on which it would really be that making yourself way more better in terms of overall capacity
on dealing up with something which it does require those specific skills and decision making. Dont easily give up because challenges and hardships are really just that normal.
So sustain and survive would be your primary aim on this one.
Trading losses? They are the course itself, not just a parody of it. Your viewpoint serves as an important reminder that trading involves risk. The first step in developing a resilient trading strategy is realizing this truth. Backup plans are esential. They are an active component of a trader's toolkit, not only backups. A skilled trader is able to change course quickly and adjust their approach accordingly.
The call to persevere is a rallying cry for all traders. Sufferings are stepping stones, not obstacles. Every difficulty encountered and every barier cleared develops not just talent but also character. So take on the storm, take something away from every gust, and come out stronger!
