My experience as a beginner trader

[Viscore]

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.

[macson]

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 "

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.

[Peanutswar]

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.

[poodle63]

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.

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.

[harizen]

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 "

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.

[Vaculin]

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 "

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.

[Questat]

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 "

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.

[promise444c5]

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.

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

[traderethereum]

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.

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.

[Strongkored]

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.

[Jody.Drummer]

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.

[AicecreaME]

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 "

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.

[tjtonmoy]

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

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.

[Best-mary]

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 "

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

[Finestream]

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 "

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.

[uchegod-21]

There are no experience mates 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 "

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.

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.

[Huppercase]

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 "

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.

[abel1337]

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 "

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.

[Mamapami]

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.

[Russlenat]

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 "

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.