My experience as a beginner trader

[gunhell16]

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.

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.

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.

[Rehan Zakir]

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

[Mate2237]

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.

[Mehedi72]

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

[Bushdark]

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

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.

[Etranger]

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

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.

[bitLeap]

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.

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.