Re: Mistakes newbie makes in trading resulting to losses

In simple terms, in my opinion, if we want to succeed in trading, how do we make decisions, whether it's the decision to choose coins and also the decision to buy and sell, we can get them if we can control ourselves or not be easily panicked

Panic is an emotional problem that is difficult to control. Beginner traders have a great opportunity to panic and get caught up in trading emotions. yes..this can be trained by continually trying to trade and be patient. this is the hardest part for traders

This is why many people just recommend to hold and not look at prices everyday. Every investment will go up and down and bitcoin is the extreme version of that. Most people can't handle their emotions when dealing with these types of crazy price movements.

Thats for holder / long term investors must do. For a trader, of course looking at the market and chart at any time is important to find for opportunities. if you are a trader, then you must be strong against difficult conditions. Don't be weak just because the price falls then you panic, it's not the nature of a true trader.

therefore we must have a mentality to start trading in this field. before starting the trade we must be able to know the risks that will be faced. for example, recent bitcoin price movements tend to decline more often, with this situation we must be able to calmly face the downward trend in sustainable market prices so that there is no panic and can easily throw away our investment assets without thinking about future growth