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Author Topic: How do you Keep up with trading when you are feeling down?  (Read 786 times)
Lanatsa
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August 07, 2024, 08:30:06 PM
 #41

Get rid of your fear before you start trading, or else, you are risking too much for nothing. Uncertainties and fear are factors that would affect your decision-making, they won't give you the best thing to do but mistakes and losses. Therefore, give yourself time to focus and set your mindset before making a move.

Just bear in mind that trading is not a simple job, and it never works for those who are not confident. If you are not ready for futures trading, why not try spot trading first? In fact, more traders prefer spot trading to futures trading. I may suggest just listening and evaluating yourselves to see if you are capable enough, rather than regretting later.
Trading is a tough and risky job, so one who dares to trade is not just well knowledgeable and skilled, but should also be confident enough emotionally and mentally so that he will be able to make a reliable and successful trade.

Trading is never easy especially for beginners, that's why I don't encourage trading if they aren't capable enough. Most especially if we are talking with futures trading, that's quite dangerous and risky for traders who have no wide experience in trading. And as long as you decide to trade without positive outlook and is not in a good, proper condition when trading, you will never beat the market and end trading successfully and profitably.
Just make yourself that not making being impulsive so that you wont really be finding yourself that being stressed or being that becoming impulsive on the moment or time that you see those loses.
It would really be just that normal that trading this market would really be having those correction about correction and pump on which this is the usual thing that you would really be that able to encounter.
You cant really just that avoid such stuff because we know that dealing up with this crypto space would really be primary be able to deal up with volality on which this could potentially
make you that able to earn profits at the same time it could really that make you lose on which its really that a normal thing to happen.This is why its really that important that you do really know
on what you are doing.

Make yourself that get prepared for whatever things that you would be encountering because the main issue of most traders when they are feeling down or having that disappointment
is that they do easily give up and  they do really quit on the time that they are losing money and never come back to deal with this market. Its normal on having these conditions
but on the time or moment that you are already gaining up sufficient experience then you do really know on how to make yourself that dealing up with this space.

R


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August 07, 2024, 08:44:48 PM
 #42

A trading is included of a lot of things that anyone who is interested in the trading most have to know before it can begin, first he needs to know the physiology means how you can handle the risks that is involved trading, Secondary you have to know the technique analysis which are the skills of trading.

Because a person will not go to school without having a materials tools that him suppose use in the school, so that's all about the trading a person to learn very deep and earned enough knowledge.

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August 07, 2024, 08:56:53 PM
 #43

It is better if in a downturn it is better to shut up and calm down first, not looking for excuses or justifications for other things in your trading activities, especially in futures trading where the level of volatility can be much crazier than in spot trading, which allows you to get bad things on your trading and conditions in bad conditions.

You are a beginner of course you have to understand more about futures trading, and don't behave like a gambler in this field, the battle on futures trading suppresses emotionality, if you are not used to and not ready for the stress and tension of futures trading it is better not to touch it at all.

For something you have started why will be giving up now, lot of us have come a long way to be giving up now and that is exactly how it is, but if you are not making progress in trading then you can actually give it a break, because sometimes we actually need to take a break, and the break should not be a way for you to actually give up, a lot of people will use that as an excuse to want to just bail out. true that trading is not easy but as far as you want to make money in this life their is nothing that is easy and that is what people actually need to understand that when you  want to make money nothing good comes easy, before you start you need to reorient your self so that what ever problem you encounter you will already know.  and futures trading is very risky than spot but just because of the kind of profit they want to make from futures and people are failing to understand that it is not for everybody,  and if its the case that you are getting tired they futures should not be something you should be considering because it will make you more tired if its is not something you are use to then you should only try it out time to time, because is not something you want to try always.

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August 08, 2024, 05:57:48 AM
 #44

A trading is included of a lot of things that anyone who is interested in the trading most have to know before it can begin, first he needs to know the physiology means how you can handle the risks that is involved trading, Secondary you have to know the technique analysis which are the skills of trading.

Because a person will not go to school without having a materials tools that him suppose use in the school, so that's all about the trading a person to learn very deep and earned enough knowledge.
Of course, there are many things that they must prepare before deciding to start trading because without having preparation as you have mentioned, it will be very difficult for someone to survive and also make profits on the trades they do and when they want to trade, of course, they must first make a plan and run well to be able to make profits because without making a plan, it will be very unsuccessful when trading and also they must be able to control their emotions when trading because someone who trades without controlling their emotions will certainly do it greedily which makes them unable to make profits and even they pass the profits they have gotten because they trade with greed and not with the knowledge they have.

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August 08, 2024, 08:21:55 AM
 #45

Of course, there are many things that they must prepare before deciding to start trading because without having preparation as you have mentioned, it will be very difficult for someone to survive and also make profits on the trades they do and when they want to trade, of course, they must first make a plan and run well to be able to make profits because without making a plan, it will be very unsuccessful when trading and also they must be able to control their emotions when trading because someone who trades without controlling their emotions will certainly do it greedily which makes them unable to make profits and even they pass the profits they have gotten because they trade with greed and not with the knowledge they have.
Before trading, of course we already have a plan and also a little knowledge about trading, but now the difficult thing is when we are feeling down because of other things in life, of course it will affect the trading we are doing and not everyone is able to control themselves in trading even I think the most important lesson in trading is self-control including emotions and others, it also affects not being greedy as you said. And for me experience is a valuable lesson, I myself have made mistakes because of that and tried to fix it so as not to repeat the same thing.

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August 08, 2024, 10:50:05 AM
 #46

You've got a point. I think cex are doing that now, incentivising Futures traders by various rewards mechanisms in a Bid to motivate them or appreciate their efforts. I shared one earlier on Bitget, yon can observe to see if you're good for it.  Goodluck though. If you need advice, I've been trading for a year plus now so I can chip some for you😎😎

Cex are like gambling sites that make money based on the level of activities their users are carrying out in their respective platforms. The rewards incentives being given to you is to entice you to keep trading. You know the logic right? The more you trade, the more money they make. It is very simple, you don't need incentives to motivate you to trade after losing your money. If you cannot minimize your risk or deal with your loss better stay off trading. The incentives rewards given can not be withdraw until you trade with certain conditions and you will end up losing it if care is not taken. It's not a do or die affair, if you are feeling down think of other profitable alternatives.

R


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August 08, 2024, 11:47:41 AM
 #47

Before trading, of course we already have a plan and also a little knowledge about trading, but now the difficult thing is when we are feeling down because of other things in life, of course it will affect the trading we are doing and not everyone is able to control themselves in trading even I think the most important lesson in trading is self-control including emotions and others, it also affects not being greedy as you said. And for me experience is a valuable lesson, I myself have made mistakes because of that and tried to fix it so as not to repeat the same thing.
If someone is having problems in their life, it would be better not to do trading activities on any exchange with any coin, because what is most feared is making the wrong decision and can make them lose because of their own thoughts that are being inhabited by more problems. So it would be very appropriate not to do such activities before someone solves the complicated problems that they may be facing at that time because trading will be easier to do with a cool head and not mixed with any problems in our own heads.

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August 08, 2024, 01:23:29 PM
 #48

Before trading, of course we already have a plan and also a little knowledge about trading, but now the difficult thing is when we are feeling down because of other things in life, of course it will affect the trading we are doing and not everyone is able to control themselves in trading even I think the most important lesson in trading is self-control including emotions and others, it also affects not being greedy as you said. And for me experience is a valuable lesson, I myself have made mistakes because of that and tried to fix it so as not to repeat the same thing.
If someone is having problems in their life, it would be better not to do trading activities on any exchange with any coin, because what is most feared is making the wrong decision and can make them lose because of their own thoughts that are being inhabited by more problems. So it would be very appropriate not to do such activities before someone solves the complicated problems that they may be facing at that time because trading will be easier to do with a cool head and not mixed with any problems in our own heads.

In trading, emotions play an extremely important role and will even determine whether we win or lose. Therefore, if the spirit is not good, we should stop all activities related to trading to avoid making wrong decisions that lead to heavy losses . The market operates 24/7 and is non-stop so opportunities are always there, we don't need to rush to trade when we are in a bad mood .

Trading and gambling are two things I choose to stay away from when I feel depressed because I am aware that making even a small mistake will cost me a lot . We should only trade when we are in the best and most comfortable mood because then we will bring the best results .

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August 08, 2024, 02:15:15 PM
 #49

but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

Trading is risky, and before you decide to go into trading, you have to accept the risk of either making a profit or losing your money due to market volatility. There's nothing like incentives for traders; if you make the wrong market analysis and enter a position, you will lose your capital when the money doesn't go in your direction. 

The only frequent event that some exchanges open to future traders is a deposit bonus, in which you will be given some bonus (it could be $5–$20) to trade with. If you want to start trading, make sure to learn first on the demo account and have a good idea before investing real money. 

Exactly, trading is not a simple process you must have sufficient understanding before you can enjoy trading. And any business or investment is risky, so keep in mind that whatever you undertake will undoubtedly involve risk. Many people lose money on trading every day, while others profit from it, so those who are losing should study it, conduct research, and find mentors who can guide them forward if they are truly interested in trading. On trading, if you understand market analysis very well, you will reduce your losses and profit without losing too much.

And if you are new to trading, you should not quit right away if you see you are losing every time instead, you should wait and see where you are making mistakes, and then go do some research on it and fix the problem because if you are losing, that is how you will gain experience and gradually become profitable if you correct your mistakes. which is why patience is so important in trading. When you are losing or feeling down, you should just try to find someone who is more skilled at trading and teach you anything you need to know about trading.Because am very sure is the market analysis that usually make people lose huge capital on trading they don't have better understanding about it.

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August 08, 2024, 02:27:37 PM
 #50

A trading is included of a lot of things that anyone who is interested in the trading most have to know before it can begin, first he needs to know the physiology means how you can handle the risks that is involved trading, Secondary you have to know the technique analysis which are the skills of trading.

Because a person will not go to school without having a materials tools that him suppose use in the school, so that's all about the trading a person to learn very deep and earned enough knowledge.
Well, we do have to have quite thorough preparation if we want to start trading. And preparation is not enough just to provide insight and material related to analysis. But we also have to be smart in managing our own emotions in the market. In fact, we also have to know when is the right time to start. If we are in a slump as asked by the OP, we must prepare our mentality first by getting enough rest. And when our mentality recovers, then we can start preparing again to trade. Because trading always includes everything. Making technical and fundamental analysis may require insight, but to make sentimental analysis we have to understand the market situation and everyone's response to the market. And to understand this we have to be in a calm enough state so that we can think clearly and maturely. In the sense that when we trade we must also be psychologically prepared.

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August 08, 2024, 03:57:47 PM
 #51

If you are feeling down, it is better not to trade because you will difficult to focus with your trading and when you lose your money, your feeling will becomes bad. That can affect your whole day and you can becomes angry and can impact to your relationship with other people.

When you want to trade, you must make sure that you are ready with anything you will face in trading. You can prepare your money with the money you can afford to lose in trading so you will not regret when you lose in trading. That is why you don't have to use big capital to trade especially if you can not accept the big lose in trading. You needs to know that trading can also make you lose your money.

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August 08, 2024, 04:10:21 PM
 #52

A trading is included of a lot of things that anyone who is interested in the trading most have to know before it can begin, first he needs to know the physiology means how you can handle the risks that is involved trading, Secondary you have to know the technique analysis which are the skills of trading.

Because a person will not go to school without having a materials tools that him suppose use in the school, so that's all about the trading a person to learn very deep and earned enough knowledge.
Well, we do have to have quite thorough preparation if we want to start trading. And preparation is not enough just to provide insight and material related to analysis. But we also have to be smart in managing our own emotions in the market. In fact, we also have to know when is the right time to start. If we are in a slump as asked by the OP, we must prepare our mentality first by getting enough rest. And when our mentality recovers, then we can start preparing again to trade. Because trading always includes everything. Making technical and fundamental analysis may require insight, but to make sentimental analysis we have to understand the market situation and everyone's response to the market. And to understand this we have to be in a calm enough state so that we can think clearly and maturely. In the sense that when we trade we must also be psychologically prepared.
There are other things outside of market conditions and trading that we must also learn. In theory I think it is quite easy to learn, and in learning the theory of trading we do not need things related to psychology and mentality, so when learning the theory I think it will go smoothly.
everything will change when we practice it in the market, because sometimes something we learned before is different from the situation we face. Apart from that, the real market will affect our psychology, so as you said we must prepare mentally first and it cannot be mastered immediately, because according to what I have experienced, experience is what can make our mentality better.
Maybe we can use a demo account first if it is talking about trading, but if we are talking about mentality then in a demo account it does not affect our mental learning.

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August 08, 2024, 05:12:45 PM
 #53

The rewards that you are referring to are nothing compared to the actual deposits you made. You just need to believe in yourself, that’s all. If you are good at studying the market and analyzing the patterns, then go for it. Otherwise, if you copy calls and trades, then also go for it. If nothing is possible and you want to use your experience of the crypto world to trade, then it's also a better option. You just need to start anyhow. At the initial days, all make losses, and sometimes heavy losses, but guess what we learn from the losses and try to avoid from the next time onwards. I hope you will get this, dude.

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August 08, 2024, 05:53:21 PM
 #54

Try to make it engaging and entertaining, it will definitely make it better for you. There are people here who say that they have fun with it, and it is a way for them to get away from stress, whereas there are people here who are stressed when they are trading, so that means it is not just personal preference thing, one side knows something that the other side don't.

I think if we could just focus on learning how to have fun with this, then we are going to be able to actually make something come out of it, and it would actually be a lot better too and would give a good return, we need to learn what that is and how we could do it, if we can do that then we are going to be very profitable wit hit as well. I know that we are going to end up making situation and could make that work in the end

I know that we are going to make a profit if we have fun, and that is why we are going to end up with something that we just have fun with. Even if you lose, then we can do it work very well.

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August 08, 2024, 06:56:19 PM
 #55

It is better if in a downturn it is better to shut up and calm down first, not looking for excuses or justifications for other things in your trading activities, especially in futures trading where the level of volatility can be much crazier than in spot trading, which allows you to get bad things on your trading and conditions in bad conditions.

You are a beginner of course you have to understand more about futures trading, and don't behave like a gambler in this field, the battle on futures trading suppresses emotionality, if you are not used to and not ready for the stress and tension of futures trading it is better not to touch it at all.

For something you have started why will be giving up now, lot of us have come a long way to be giving up now and that is exactly how it is, but if you are not making progress in trading then you can actually give it a break, because sometimes we actually need to take a break, and the break should not be a way for you to actually give up, a lot of people will use that as an excuse to want to just bail out. true that trading is not easy but as far as you want to make money in this life their is nothing that is easy and that is what people actually need to understand that when you  want to make money nothing good comes easy, before you start you need to reorient your self so that what ever problem you encounter you will already know.  and futures trading is very risky than spot but just because of the kind of profit they want to make from futures and people are failing to understand that it is not for everybody,  and if its the case that you are getting tired they futures should not be something you should be considering because it will make you more tired if its is not something you are use to then you should only try it out time to time, because is not something you want to try always.

Of course a break is needed to get psychologically and mentally calm when you want to restart trading and your trading is much more comfortable because you are not in a slump.

My interpretation goes to the consciousness of his thinking and triggers his ambition in futures trading, because it is very dangerous especially when he has a bad mentality, it is necessary to get used to spot trading first and then after it feels much controllable you can comfortably enter futures trading, one needs a clear direction and is aware of all the risks that may be obtained in futures trading, where indeed the timeframe used is much shorter in trading, it is necessary to have sharp knowledge in analyzing, while for training it is better to trade spot than to jump directly into futures trading.

And if you are afraid of the consequences and various risks, isn't it better not to start at all?

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August 08, 2024, 09:42:29 PM
 #56

It is better if in a downturn it is better to shut up and calm down first, not looking for excuses or justifications for other things in your trading activities, especially in futures trading where the level of volatility can be much crazier than in spot trading, which allows you to get bad things on your trading and conditions in bad conditions.

You are a beginner of course you have to understand more about futures trading, and don't behave like a gambler in this field, the battle on futures trading suppresses emotionality, if you are not used to and not ready for the stress and tension of futures trading it is better not to touch it at all.

For something you have started why will be giving up now, lot of us have come a long way to be giving up now and that is exactly how it is, but if you are not making progress in trading then you can actually give it a break, because sometimes we actually need to take a break, and the break should not be a way for you to actually give up, a lot of people will use that as an excuse to want to just bail out. true that trading is not easy but as far as you want to make money in this life their is nothing that is easy and that is what people actually need to understand that when you  want to make money nothing good comes easy, before you start you need to reorient your self so that what ever problem you encounter you will already know.  and futures trading is very risky than spot but just because of the kind of profit they want to make from futures and people are failing to understand that it is not for everybody,  and if its the case that you are getting tired they futures should not be something you should be considering because it will make you more tired if its is not something you are use to then you should only try it out time to time, because is not something you want to try always.

Of course a break is needed to get psychologically and mentally calm when you want to restart trading and your trading is much more comfortable because you are not in a slump.

My interpretation goes to the consciousness of his thinking and triggers his ambition in futures trading, because it is very dangerous especially when he has a bad mentality, it is necessary to get used to spot trading first and then after it feels much controllable you can comfortably enter futures trading, one needs a clear direction and is aware of all the risks that may be obtained in futures trading, where indeed the timeframe used is much shorter in trading, it is necessary to have sharp knowledge in analyzing, while for training it is better to trade spot than to jump directly into futures trading.

And if you are afraid of the consequences and various risks, isn't it better not to start at all?
The wrong thing about other people on the time that they would really be on such stress or tough situation not only just that limiting to trading problems but also in other ventures that they are dealing specially when taking up some risks with your capital for you to earn money then it would really be normal that it would really be creating out such stress on which we know that on the time that you would really be on such condition or situation then not all people would really be that good when it comes into handling themselves into that kind of stress. This is why it would really be that recommended that you should really know at least
on having or taking some break specially when you are on the verge of this kind of situation on which it would really be that not easy because losing money is never been that giving a good feeling.

On the moment that you do get stressed or the moment that you are about to become that impulsive. Then it would really be better or just that right that you should really know
about on handling yourself on such conditions because this is where people do usually face up issues or problems on the time that they couldnt really be thinking up well.
Having a break and easing out that stress and disappointment wont really be hurting you but rather it would really be avoiding you into further potential loses due to bad decision making.

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August 08, 2024, 09:58:31 PM
 #57

This can be so touching and sometimes I wonder where those money go to.
<cut>

So you don't know how trading works at all? All those people who are winning with their trades, have you ever wondered where the money comes from? It doesn't magically appear out of thin air. For every winner, there's a loser. That's how trading works. Exchanges don't compensate losses because they don't owe anyone money. Their job is to facilitate trades, not act as a charity.

Where there is winning, of course someone is losing at the same time, just like in gambling where other gambler wins and make money from the loser. Trading is a tough and risky hustle, but profiting from it will always be possible if you know how trading works and how to trade on your expertise. And for that to happen, one should also be at the losing end.

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August 09, 2024, 07:34:02 AM
 #58

Of course a break is needed to get psychologically and mentally calm when you want to restart trading and your trading is much more comfortable because you are not in a slump.

My interpretation goes to the consciousness of his thinking and triggers his ambition in futures trading, because it is very dangerous especially when he has a bad mentality, it is necessary to get used to spot trading first and then after it feels much controllable you can comfortably enter futures trading, one needs a clear direction and is aware of all the risks that may be obtained in futures trading, where indeed the timeframe used is much shorter in trading, it is necessary to have sharp knowledge in analyzing, while for training it is better to trade spot than to jump directly into futures trading.

And if you are afraid of the consequences and various risks, isn't it better not to start at all?
The wrong thing about other people on the time that they would really be on such stress or tough situation not only just that limiting to trading problems but also in other ventures that they are dealing specially when taking up some risks with your capital for you to earn money then it would really be normal that it would really be creating out such stress on which we know that on the time that you would really be on such condition or situation then not all people would really be that good when it comes into handling themselves into that kind of stress. This is why it would really be that recommended that you should really know at least
on having or taking some break specially when you are on the verge of this kind of situation on which it would really be that not easy because losing money is never been that giving a good feeling.

On the moment that you do get stressed or the moment that you are about to become that impulsive. Then it would really be better or just that right that you should really know
about on handling yourself on such conditions because this is where people do usually face up issues or problems on the time that they couldnt really be thinking up well.
Having a break and easing out that stress and disappointment wont really be hurting you but rather it would really be avoiding you into further potential loses due to bad decision making.
Well that's right it should be taken seriously, because there are a lot of beginners who do trading without knowing the risks, such as mental pressure, stress, depression and so on that disturb their psyche and even greed is definitely there in trading, well someone needs to understand in advance the risks about this if he plunges into futures trading, because something like this must be experienced by a trader and not necessarily every way of solving it is the same and also the burden received is the same, therefore before starting we must know how we can rest and not have an impulsive spirit in trading in the future if we really have jumped in so as not to become a bad trader.

The more this mindset is accepted, the better trading we will do in the future.

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August 09, 2024, 10:44:51 AM
 #59

If someone is having problems in their life, it would be better not to do trading activities on any exchange with any coin, because what is most feared is making the wrong decision and can make them lose because of their own thoughts that are being inhabited by more problems. So it would be very appropriate not to do such activities before someone solves the complicated problems that they may be facing at that time because trading will be easier to do with a cool head and not mixed with any problems in our own heads.
That is definitely true, when you are already in an emotionally turmoil period of your life, then the result will not be that great for you and I would suggest staying away from trading when you are in that state. Many people think that they can handle it, but the reality is that they just simply can't, it is not something you can do when you have a crowded head, you need to be calm about it.

Nowadays it is a professional business so some people still do it, like lets say you are a broker at some wall street company or an analyst or whatever, you make that business and you just lost your parent, would you suddenly be a great trader? Of course not, you are going to suck, you can't focus, even if you take a few days break, you will come back and still not be ready, people do not recover for months emotionally, you feel better most days eventually.

So, it is not an easy job and I think it should be noted that we are going to face a lot of trouble if we insist. If you are not professionally do this, then there is no reason for you to keep on trading that well, I think it is going to be a bit of an issue and we need to get better at it, the result will not be too easy to handle, and it will definitely going to hurt you in the end.

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August 09, 2024, 07:16:54 PM
 #60

Trading is risky, and before you decide to go into trading, you have to accept the risk of either making a profit or losing your money due to market volatility.
If you are going into cryptocurrency, then the first thing you should know is the volatility. You know there is risk involved in it. That’s why you are supposed to invest or trade with any amount that you know you can afford to lose. Anything can happen at any moment, so you have to be prepared for it.

The only frequent event that some exchanges open to future traders is a deposit bonus, in which you will be given some bonus (it could be $5–$20) to trade with. If you want to start trading, make sure to learn first on the demo account and have a good idea before investing real money. 
The best thing is to just acquire more knowledge about future trading before joining. Make sure you try it out with a demo account, you have nothing to lose when making use of a demo account, and when you switch to a main account, make sure you start with a small amount of money and be prepared to lose. You can’t be a trader, and you won’t be losing. I don’t really think that’s possible. That’s why when trading, always manage your risk.


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