Bitcoin Forum
May 21, 2024, 12:15:02 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9]  All
  Print  
Author Topic: Newbie traders, work on yourself.  (Read 953 times)
Mr.sprin
Full Member
***
Offline Offline

Activity: 1442
Merit: 101


Enterapp Pre-Sale Live


View Profile
May 20, 2024, 10:27:10 AM
 #161

It's better if we don't have to follow their recommendations, the steps we take are better if we take their knowledge, Before jumping into trading on the market, what techniques do they use and then we learn or shop for ourselves autodidactically, don't just rely on 1 person to learn the techniques, look for other sources of information such as YouTube. If we are confident in the knowledge we have, then you can start and we need to remember that we must know that the risks are very big. Successful traders will definitely go through their difficult times to survive and make a profit.

It's best if we don't really understand or are proficient with what we want to do, it's better to take definite steps, don't let our carelessness make us lose for unclear reasons, understand first before starting because it's better for us to trade when we already understand what it means. what we have to do and what action we have to take when the coin price starts to decline, don't let us take action rashly, it will result in us going broke, aka losing in vain because of our carelessness because we don't understand how it works, trading is not as easy as we imagine, The risk of loss is very high, so don't take the wrong action so that it makes us emotional when prices start to fall.

Nanga Parbat
Full Member
***
Online Online

Activity: 224
Merit: 177


Enterapp Pre-Sale Live


View Profile
May 20, 2024, 03:12:09 PM
 #162

trading is not as easy as we imagine, The risk of loss is very high, so don't take the wrong action so that it makes us emotional when prices start to fall.
A strong person in trading is one whose emotions are under control.  Because emotions give us motivation help us adopt anything new and emotions greatly manipulate and influence trading decisions.  For example there is fear that makes us panic, so that we exit our quantity on a small change where we should have held, not exited, because of the effect of fear.  They go out.  And then here comes the temptation.  Now the temptation is to force the trader to take bigger risks, so that he can make bigger profits.  So be it fear or greed both are great enemies for a trader.

Pages: « 1 2 3 4 5 6 7 8 [9]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!