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Author Topic: New trader's must remember it.  (Read 1591 times)
Dewi Aries
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September 27, 2024, 04:26:16 PM
 #141

Beginner traders still have to train themselves not to be easily nervous and also not to be easily tempted by the profits made by others. Because those who are still beginners must of course be distinguished from traders who are already quite professional in managing their emotions and risks in terms of trading on any exchange. And I think everyone can definitely realize that in themselves because only we ourselves know how far our abilities are in matters related to trading.
Most novice traders are easily tempted by the results other people get and are nervous about what they are trading. Beginners should be able to find out about how to control selfishness when trading with professional traders. In facing realities like this, novice traders must also learn what risks a professional has gone through in trading at the right time. So far, I have also thought that only we personally can judge how far we have been successful in managing traders on various exchanges.
 Don't be too tempted by input that is not important. When it comes to trading, stick to your own goals, keep learning more until you get the results you want.

If you are tempted by the results that have been obtained by a professional trader, then it will certainly be a motivation for you to continue to learn how to trade well and I am also sure that you will be able to become a professional trader while continuing to learn about trading and also continue to practice, in terms of controlling selfishness when trading I think it will depend a lot on someone so everyone must always practice so that they are not selfish making them lose what they trade.
You're right, of course we don't have to care about unimportant input when trading and also focus on our own goals, of course this is very important because if we are easily influenced by other people's input, of course this will be difficult to focus on the goals we want.

The success of a professional trader in the trading world who has managed to achieve a lot of profit in large amounts I think is the first motivation for some other traders, especially beginners, it is natural as long as it can increase your enthusiasm to continue to struggle in learning, but you must also understand that professional traders succeed at that point as a reward for the hard work they have previously done.

This means that everyone is allowed to have hope and everyone also has the same opportunity to achieve that success as long as you are willing and serious in learning various things about the world of trading such as various ways to make a profit or various ways that lead to risk management such as controlling emotions and expectations but of course you must also understand that it takes time that may not be short to achieve that ability. Don't think that you can get significant results like those obtained by a professional trader if at that time you are still a beginner, because after all every success certainly requires a process.

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September 27, 2024, 04:47:49 PM
 #142

Now-a-days many people are interested in trading. But it is harmful for everyone especially those who are trading without knowing it. They are losing all money despite knowing technical analysis. The main reason is psychological.

I have shared a photo below if following this photo will benefit them. Although beginners get technical analysis right then they get lost in psychological. I think this psychological conundrum should always be kept in their head.

Noted: This photo is taken from a group. Avoid copyright issue.



          -      If I look at the images given by OP, it seems like the easy thing to do as a trader in this field of crypto space. But when it comes to actual trading activity, it's not that easy to apply because you still need to have a deep idea of trading in the crypto business.

Maybe control our emotions and don't allow greed when it comes to actual trade on any exchange site platform, whether it's CEX or DEX. Then the risk management should also be practiced; that's really important.

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