My experience as a beginner trader

[junder]

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.

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.

[1715550851]

1715550851

[GiftedMAN]

There are no experience mate 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 "

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.

[Renampun]

There are no experience mate 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 "

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.

[Mr.right85]

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.

[DVlog]

There are no experience mate 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 "

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.

[bettercrypto]

There are no experience mate 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 "

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.

[JeffBrad12]

There are no experience mate 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 "

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.

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.

[Aanuoluwatofunmi]

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.

[bitLeap]

There are no experience mate 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 "

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.

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.

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.

[terrific]

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.

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.

[RockBell]

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.

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.

[Natsuu]

There are no experience mate 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 "

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.

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.

[bettercrypto]

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.

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.

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.

[cafter]

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!

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.

[xzy887]

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.

[Fara Chan]

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.

[Etranger]

There are no experience mate 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 "

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.

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.

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.

[Belarge]

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.

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.

[Silver005]

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 ....

[Inwestour]

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.

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.