My newbie trading experience

[Hamphser]

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

Experience would go big as you do go forward on making out trades or simply you do become more knowledgeable as you do go ahead.

We wont really able to learn if we dont experience those unfortunate events or simply we wont able to make ourselves
improved if we dont engage with it.

All starts on being a noob and we are definitely taking this path.

[Rengga Jati]

I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

This is the art of crypto trading, where we can immediately get big profits in a fairly short time. But also vice versa. We can also get losses in a short time. This is a risk we must take.
But as long as we still want to learn, don't panic, and also want to take lessons from our previous losses, of course this will be a very great experience.
And in this case, I personally always cash out my capital when I get quite a lot of profit. At least I'm trying to secure my capital assets if something happens to the market which is very difficult to predict

[Fakhrulenclix]

if you already made a profit on your first trade, you don't have to suffer a loss. losses that occur in trading are commonplace for traders. However, you don't always sustain those losses. You should trade more carefully in the future, if the market does not allow you then you should not force to trade. try to trade in a relaxed atmosphere, this will provide comfort in open positions.

[Angel8786]

Coin Loan it is one of the companies I trust to manage my financial assets. So far It has been great. The accounting profits are at average rate but I had never experienced any problems so far with them, like at other companies. They don't make false statetements just to claim your money. I would like them to improve the task execution time. Everything else is Perfect.

[jamkesmas]

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

you are one of the lucky ones when you start trading in early 2021 where almost all coins have increased in the middle of the year and it is very possible to take big profits.
as a result of that loss is a natural thing in a trade where there will be profits and losses.
if you want high profits choose meme coins but the risk is also very worth it.
but I suggest to take a realistic profit with the capital you have.

[Mpamaegbu]

I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

You started on a winning note but obviously got carried away by your little success and that led to your loss. This is often the mistake most traders make. They forget that it's never counted as profit until it's comfortably sitting in one's personal wallet or bank account. Anyway, you did well. I don't think you need all the new suggestions you're seeking here other than work on your emotion. Learn how to control your emotions while trading and don't be too excited when you're winning or scared while experiencing loses. Go back to the drawing board and find out what worked for you that enabled you make the wins you had the first time. Fine tune it, and grow from there. Apart from the capital to fund an account, the second important thing is control of one's emotion in relation to MM – Money Management.

[andriarto]

I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

You started on a winning note but obviously got carried away by your little success and that led to your loss. This is often the mistake most traders make. They forget that it's never counted as profit until it's comfortably sitting in one's personal wallet or bank account. Anyway, you did well. I don't think you need all the new suggestions you're seeking here other than work on your emotion. Learn how to control your emotions while trading and don't be too excited when you're winning or scared while experiencing loses. Go back to the drawing board and find out what worked for you that enabled you make the wins you had the first time. Fine tune it, and grow from there. Apart from the capital to fund an account, the second important thing is control of one's emotion in relation to MM – Money Management.

it is true as you said, here we need experience and increase experience in trading, if you are just trading then you have not gained much experience. from that experience of course we will face problems and must be able to overcome them, or we get frustrated and lose a lot of money. no pro trader is formed instantly

[Alert31]

There is no impossible for a person who is eager to learn even without the help of others. Trading for me is just easy to understand if a person even a newbie really want to learn about it. The fact is that we can't avoid losses but because of our continuous learning process and trading experience we can avoid excessive losses.

[airdata]

First of all congratulations for your first trading profit, and then good news that you recovered your all lost fund.
Without any experience crypto Trading is very dangerous for your fund, so first need knowledge then start trading. I think you can search some video on youtube that is crypto
trading releted video. Also i heard about crypto trading releted course, you can join, but i don’t know that it is really helpful or not.         

[chanler]

that's smooth, my trading experience as a beginner was not that smooth because I made several losses. Indeed, trading is not as easy as I thought and it made me feel motivated to further hone my skills in trading. I realize that trading requires a good understanding of the market where we must be able to determine a fixed time to sell or buy coins. That's where we have to be able to analyze the market well and don't panic if the market is down. keep calm and do your best in trading.

[BitcoinAccepted]

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

What specifically kind of knowledge do you need? basic knowledge? but I think you already know the basics probably a strategy? I think you can do the research yourself I see on the tradingview that there are many users shared their TA and their strategies I think you should also discover yourself what kind of strategy you should use in order to have profit. I myself use simple analysis yet powerful such as trend lines, RSI, support, resistance, bb and fib retracement.

[LastKiss]

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

Got 2x ROI was already great, just dont be so greedy so you can accumulate profits little by little. If you can recover from a loss then you have great patience usually some people will cut loss when they can't control their panic. But now the market is full of uncertainty so I'm advise to trading wisely and use your money that you can afford to lose

[judaspriest]

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

Got 2x ROI was already great, just dont be so greedy so you can accumulate profits little by little. If you can recover from a loss then you have great patience usually some people will cut loss when they can't control their panic. But now the market is full of uncertainty so I'm advise to trading wisely and use your money that you can afford to lose

It's true that we need to adjust the existing market conditions,
and currently trading wisely is what we must do if we don't want to continue to suffer losses,
Hopefully in the near future market conditions can recover soon

[junmisakiro]

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

it is very good when you are able to get more than twice the profit of your capital.
in 2021 the coin price movement is very good even almost all coins have increased.
The experience you have had with taking profits and suffering losses is a very valuable lesson. hopefully with what you have been through and the lessons you can learn, you can get a much bigger profit.

[Sebas.tian]

It is good sometimes to experience the market without a mentor for you to know the difference between someone that follow the advise of his mentor and someone that follow his own idea to the market. Trading is not automatic in profit making, you must begin with a step before you can become a professional trader in the future.
As a newbie, you need a facilitator who will teach you all the strategies traders use to achieve their goals in the community. Through your facilitator you will know when to buy coins and hold them for profit making . Never you feel you know everything about the market because market can change at anytime.

[so98nn]

Well its almost a year that has been passed now and I hope that you had amazing journey beyond that period in trading world. Though you have just stated about January trade only I was expecting that you will say something about year through journey and how you improved yourself. A year of work on the trading is also enough to make someone way skilful in the trading market. Choose your path wisely when you are in the crypto space. I mean, sometimes you are getting profits not because we are smart in reading the charts but just because market is over valued and is being in bullish trend but is also hyper inflated. So its very reactive market in the crypto due to its volatile nature and uncontrolled asset transaction. Better keep it optimum when trading the crypto currencies but surely you can gain amazing profits out of it.

[passwordnow]

It's true that we need to adjust the existing market conditions,
and currently trading wisely is what we must do if we don't want to continue to suffer losses,
Hopefully in the near future market conditions can recover soon

Trading wisely will come upon gaining experience in the market after dealing with many losses and defeats. It's easy to say that we should trade wisely and choose whatever is right for us to buy. But whenever you're already there, it's going to be a process that is hard to take. You have to make sure that you can really make use of what you've said of being wise. Try to apply it to yourself and avoid those losses because they cannot be avoided but you can mitigate them when you apply to stop loss.

[danherbias07]

Doubled the money. Nice.
But what happened? I can already see what. You want to go to a higher level with a higher profit which could be the reason why you at a particular moment you lost it. It's mostly the error of new traders and dont worry it happens to a lot of newbies.
I guess what you could do is stay at the same pace where you won the trade first. Repeat many times until you get the hang of it.
It doesn't need to be done in a rush because it should not be. Trading is also a fight of patience. Go back on how you did it and explore the difference on how you won the first time but yet rekt it in the middle.

[Cling18]

In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.

[Lordhermes]

In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.

Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.