Newbie trading experience

[Dzwaafu11]

This is the problem with trading, your idea may be right in the end but your luck is so bad that you can get liquidated before you make a profit. This is what happens to traders when the market goes against a trader, liquidating the position. Then it may come back in the direction the trader wanted. But then you regret it. And new traders only think about whether the price will go up or down. But they don't value thinking about how much the market can go against them.

You see reason why they don't care about how much the market can go against them is because they lack the kmowledge they don't have the basic knowledge of trading. Many of the beginner are too fast, they are eager to enter the market because they think they can make a quick money which is not so.

They have to calm down and learn think about how to earn.  The market analysis is one of the most important thing to know as a trader,  failure to understand the market analysis or movement such trader is even at high risk than the traders who understand the market.

[Akbarkoe]

I know that greed is in our minds, regret is always ringing in our ears, and thinking if only it was not too ambitious to get a big profit by using high leverage, there must be a little hope to have an increase in profit until today, I know how it feels in such a situation, especially when the previous trade is profitable.

The lesson of the time is still very excited and looking for profits with leverage like we are playing with endless hallucinations, until at the end we are in the position I stopped.

[RockBell]

I know that greed is in our minds, regret is always ringing in our ears, and thinking if only it was not too ambitious to get a big profit by using high leverage, there must be a little hope to have an increase in profit until today, I know how it feels in such a situation, especially when the previous trade is profitable.

A lot of people have greed and the earlier the better that they are able to to put that into control because when it mistakenly become an habit then getting rid of it because a problem because you will always feel like you want to make money from the market so it good to take risk sometimes but make sure the risk you are taking is a responsible one because when it does not go the way you want then you won't have a choice than to take Small risk and there ways that they can be managed

The lesson of the time is still very excited and looking for profits with leverage like we are playing with endless hallucinations, until at the end we are in the position I stopped.

People are always too excited and the way the whole thing is going because when you are eager to make profit that is when you start doing things that you are not suppose to do because that is one major mistakes they make that when you chase profit you will make more profit.

[Junii]

Have you not experienced it before?

I think every beginner trader faces that phase when a beginner trader start thinking like a gambler because of greed and start thinking like i have to increase the leverage because it gives you bigger profits without even realizing that futures trading is risky  but when you increase the leverage you can make it more risky. Few years ago i   tried high leverage  once even i put my stop loss as well but before  the market reaching to my stop loss i got liquidated and all this happened in less then 5 minutes after that i did not increase the leverage for a trade from more then 5x. What i believe is for a trader a survival in the market is more important then making high profits.

[Jaweria parveen]

I think every beginner trader faces that phase when a beginner trader start thinking like a gambler because of greed and start thinking like i have to increase the leverage because it gives you bigger profits without even realizing that futures trading is risky  but when you increase the leverage you can make it more risky. Few years ago i   tried high leverage  once even i put my stop loss as well but before  the market reaching to my stop loss i got liquidated and all this happened in less then 5 minutes after that i did not increase the leverage for a trade from more then 5x. What i believe is for a trader a survival in the market is more important then making high profits.

The people around him who put such thoughts in his mind are the people who put such things in his mind, due to which new people start investing with such thoughts. This is important because if we take the initiative without thinking and aiming first, we will act without greed and it also protects our mind from changing. Futures trading is not good for me because only those who have better analysis skills can do it and besides, it does not suit my conscience, besides, it will not suit your conscience at all. Those who tell about futures trading either teach them wrongly or lure them, due to which they make losses due to high leverage and not understanding the market conditions. Therefore, it is necessary to have enough knowledge, money and patience for futures trading and this is not within the reach of ordinary people, it is better for us to stay away from it.

[Junii]

The people around him who put such thoughts in his mind are the people who put such things in his mind, due to which new people start investing with such thoughts. This is important because if we take the initiative without thinking and aiming first, we will act without greed and it also protects our mind from changing. Futures trading is not good for me because only those who have better analysis skills can do it and besides, it does not suit my conscience, besides, it will not suit your conscience at all. Those who tell about futures trading either teach them wrongly or lure them, due to which they make losses due to high leverage and not understanding the market conditions. Therefore, it is necessary to have enough knowledge, money and patience for futures trading and this is not within the reach of ordinary people, it is better for us to stay away from it.

Yes i agree with you this is what i am talking about as well. Actually  many peoples starts futures trading with unrealistic expectations  because they are influenced by others or attracted by stories of quick profits or also if u see influencers on instagram they share huge profits and driving a sports cars while majority of the peoples  doesn't knows that there is a difference between the social media's life and in the real life . The reality is that futures trading is not suitable for everyone that is the fact. Most beginners are better off staying away from it until they fully understand how markets works and can afford the risks involved because it requires patience and education even emotional control  and proper money management. Without these losses are much more likely than profits. Futures trading itself is not the problem. It is simply a financial tool .The problem is the lack of knowledge and experience . I have many friends that are doing futures trading and are making good money from it. So its not about the tool its about who is using that tool.

[mobilestrike]

Newbies try to get involved too quickly, and that usually ends up with nothing too good. I get the need to urgently get in when you fall in love with something, and you see that people are making money so you get in right away with the hopes of making more money yourself.

But those people spent months even years getting to that point, so you can't get in right now and start making money like they do. And there will be a lot scammers who will act as if they can make you rich, most of the time they are liars who want your money and nothing more.

[Rabata]

When you start trading using high leverage, there is also an increase in excitement. Usually, some new traders use high leverage to make quick and big profits, but normally new traders do not have enough funds at the beginning, they quickly liquidate and they lose. But even if the trading conditions return to the position from which they fell, those who do not have enough funds lose their assets. High leverage is a fatal decision for a new trader at the beginning. If you can gain sufficient knowledge by trading small amounts with small leverage, it is possible to get good results from trading. Those who make such a wrong decision at the beginning are sure to lose.

[ChocolateBitcoinK]

Newbies try to get involved too quickly, and that usually ends up with nothing too good. I get the need to urgently get in when you fall in love with something, and you see that people are making money so you get in right away with the hopes of making more money yourself.

But those people spent months even years getting to that point, so you can't get in right now and start making money like they do. And there will be a lot scammers who will act as if they can make you rich, most of the time they are liars who want your money and nothing more.

So when entering trading, we should not be in a hurry, but we should move forward with reality, trading is a subject where we know very well how sensitive the issue of risk is, and for this reason, if we make a decision with emotion, then we know very well how wrong a decision it will be. But beginners often make this mistake, they first rush into trading with emotion, and as a result, they only get cheated in different places, face big losses. So a beginner should definitely understand the reality.

[allthebitandbobs]

The most common mistakes that newbies do is rushing, either directions. They rush when they want to buy and not make enough analysis and if it's bitcoin then maybe they can be saved but they also rush to sell as well, if it's an altcoin, they rush to buy some hyped project that is a shitcoin but hyped for the moment and buy that and regret later.

Same goes for selling too, they do not always buy rushed, but they do sell rushed, because they see just an inch of going down, and they sell and get out. If this is a shitcoin then selling is fine, but if it is bitcoin that goes down just a bit, the correct reaction is to hold, and even buy more, and wait until it recovers, not to panic sell it right away which they do.

[Achalugo BTC]

Newbies try to get involved too quickly, and that usually ends up with nothing too good. I get the need to urgently get in when you fall in love with something, and you see that people are making money so you get in right away with the hopes of making more money yourself.

But those people spent months even years getting to that point, so you can't get in right now and start making money like they do. And there will be a lot scammers who will act as if they can make you rich, most of the time they are liars who want your money and nothing more.

Newbies really finds it hard to calm down and make the necessary adjustments for them to fit in, they think to achieve in trading one has to wake up and decides to achieve their success just the other some people are enjoying. They are looking one the profit aspects, without them not knowing that there are some sacrifices that those people makes before they get to where they are and they also need to make same sacrifice, one can just be like someone without trying to act like them. So, first thing that one needs to understand in trading is that before one can be profitable and successful, they need to learn by understanding and acquiring more knowledge about trading and also try to build discipline and patience for them, when they have master this, they will find it more easy to navigate through challenges.

[laijsica]

Newbies try to get involved too quickly, and that usually ends up with nothing too good. I get the need to urgently get in when you fall in love with something, and you see that people are making money so you get in right away with the hopes of making more money yourself.

But those people spent months even years getting to that point, so you can't get in right now and start making money like they do. And there will be a lot scammers who will act as if they can make you rich, most of the time they are liars who want your money and nothing more.

So when entering trading, we should not be in a hurry, but we should move forward with reality, trading is a subject where we know very well how sensitive the issue of risk is, and for this reason, if we make a decision with emotion, then we know very well how wrong a decision it will be. But beginners often make this mistake, they first rush into trading with emotion, and as a result, they only get cheated in different places, face big losses. So a beginner should definitely understand the reality.

The truth is that you make almost every decision through emotions. Whenever the decisions are related to money and risky like trading, it has a more negative impact on you. Haste is not only in trading but in every work, you should not make quick decisions because the chances of making mistakes are high in decisions made without analyzing the market. If you do not have experience in trading, it is better not to get involved in this short term and risky trading. Wherever there is a possibility of getting a lot of profit and there is a tendency to make decisions influenced by others, those decisions are mostly not perfect. If a new trader is aware of the trading risks after starting trading and can refrain from risky trading soon, he can reduce the amount of his losses to a great extent.

[Big Dirams]

Newbies try to get involved too quickly, and that usually ends up with nothing too good. I get the need to urgently get in when you fall in love with something, and you see that people are making money so you get in right away with the hopes of making more money yourself.

But those people spent months even years getting to that point, so you can't get in right now and start making money like they do. And there will be a lot scammers who will act as if they can make you rich, most of the time they are liars who want your money and nothing more.

So when entering trading, we should not be in a hurry, but we should move forward with reality, trading is a subject where we know very well how sensitive the issue of risk is, and for this reason, if we make a decision with emotion, then we know very well how wrong a decision it will be. But beginners often make this mistake, they first rush into trading with emotion, and as a result, they only get cheated in different places, face big losses. So a beginner should definitely understand the reality.

The truth is that you make almost every decision through emotions. Whenever the decisions are related to money and risky like trading, it has a more negative impact on you. Haste is not only in trading but in every work, you should not make quick decisions because the chances of making mistakes are high in decisions made without analyzing the market. If you do not have experience in trading, it is better not to get involved in this short term and risky trading. Wherever there is a possibility of getting a lot of profit and there is a tendency to make decisions influenced by others, those decisions are mostly not perfect. If a new trader is aware of the trading risks after starting trading and can refrain from risky trading soon, he can reduce the amount of his losses to a great extent.

Without analysis When we go into the market it just feels like gambling because no decisions nothing at all we are just there hoping for the market to take decisions for us and eventually when the market moves goes against our portfolio that when we begin to make quick hasty decisions which is not ideal at all.
As trader needs to make proper analysis and check market movement before implementing any decisions and all this could be done when we have good knowledge of trading.

[Floczy]

It is still about the regret of using high leverage in a way your money will be liquidated, but later the market will reverse and get to the price you opened the position and the price of the coin will go more in your favour if not that your trading fund has been liquidated, you are supposed to make profit.

Most traders experience it and will continue becoming liquidity as long as they are unable to spot liquidity; it is a liquidity sweep.

Understanding liquidity sweeps and being able to identify them will help your entries better as well as you setting stop losses.

It's indeed very important especially for newbies to know that liquidity is a major factor that moves the market,
Most traders understand liquidity but they don't go deeper to understand how it works in the market.

Before a major price movement the market sweeps liquidity first before moving towards the main direction so this should be observed first before entering any trade. (Has liquidity been swept?)
Liquidity is more than this and I will advise that traders that come across my post should make out time to learn more about liquidity concept in trading.

[puloweh555]

Newbies try to get involved too quickly, and that usually ends up with nothing too good. I get the need to urgently get in when you fall in love with something, and you see that people are making money so you get in right away with the hopes of making more money yourself.

But those people spent months even years getting to that point, so you can't get in right now and start making money like they do. And there will be a lot scammers who will act as if they can make you rich, most of the time they are liars who want your money and nothing more.

Yes. A common mistake beginners make is rushing into trading motivated by seeing others making huge profits. Beginners don't understand the process behind successful trading which is why many beginners immediately experience significant losses when entering the market.

Furthermore, many beginners are easily deceived due to their lack of knowledge. Therefore to minimize losses, beginners should start calmly, learn the basics, manage risk and control their emotions. Trading is complex and requires many aspects to learn and patience and discipline are far more valuable than a get-rich quick mindset.

Another mistake beginners often make is learning from mentors and using them as a guide. Yet, many mentors especially those who sell their signals, only teach how to enter but don't teach when to exit or how to manage emotions.

[GIF-JOBS]

Have you not experienced it before?

I think every beginner trader faces that phase when a beginner trader start thinking like a gambler because of greed and start thinking like i have to increase the leverage because it gives you bigger profits without even realizing that futures trading is risky  but when you increase the leverage you can make it more risky. Few years ago i   tried high leverage  once even i put my stop loss as well but before  the market reaching to my stop loss i got liquidated and all this happened in less then 5 minutes after that i did not increase the leverage for a trade from more then 5x. What i believe is for a trader a survival in the market is more important then making high profits.

Many traders rely on luck like gambling because of such greed. They think that they can make more profit by increasing leverage, but they should also consider the potential risk and decide whether that risk is within their control. Because if you lose a large amount, you will not be able to trade in the future. . And if the loss is to a point where it will take you a long time to recover, you will be completely eliminated from the game and your normal life will also be affected. Survival is more important than making a profit.

[Achalugo BTC]

Without analysis When we go into the market it just feels like gambling because no decisions nothing at all we are just there hoping for the market to take decisions for us and eventually when the market moves goes against our portfolio that when we begin to make quick hasty decisions which is not ideal at all.
As trader needs to make proper analysis and check market movement before implementing any decisions and all this could be done when we have good knowledge of trading.

Exactly, if there is no plan at all, one can make decisions that will ruined them instead of helping them. That is why, every trader must ensure they make every necessary adjustments before making any decision, because any wrong decision they make might destroy all their plans and all they have worked for. So, analysis its really essentiall as it helps one to avoid costly mistakes to do the wrong thing and as no one enjoys pains or hurts, its more better to avoid whatever that will lead one to that place.