Quote from: rickadone on October 13, 2017, 07:39:47 PM

Quote from: BartS on October 12, 2017, 03:10:33 PM

Quote from: lienfaye on October 08, 2017, 05:05:57 AM

Quote from: izumaki on October 07, 2017, 10:49:33 PM

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more

I think thats normal for a newbie to make mistakes and every mistakes you will learn something so the next time you trade, you are aware of how it goes. before i started to trade i study the dos and donts, with a small capital i bought a coins that has potential and listen to my friend who teach me how to trade.

Unless you are a genius, extremely talented or a lucky person we are all going to make mistakes when we trade, the issue is what we do once we make those mistakes, many people never learn from them and that is why you always see them making the same mistakes over and over again, but if you learn from them you can progress to the point you become a successful trader.

Even pro make mistakes or rather make the wrong predictions and even if it seemed right at first, so many factors can make the whole game to change. It is necessary to always learn and not rush into trading hoping there will be some luck standing by ready to dish you some good profit every time as a newbie. It takes some learning, some experience and some dedication.

And many times the reason of why you may lose a trade is not your fault or is something that is completely outside of your control, for example, if you see the charts and you buy bitcoin thinking that is going to go up but precisely in that moment FUD coming from China hits the market then that will make the price to go down and that is something that no one could see coming beforehand and as a consequence you lose money.