Post
Topic
Board Trading Discussion
Re: When did you start trading?
by
exstasie
on 18/04/2019, 18:37:30 UTC
i have started 2 weeks ago,  and it is so exciting

Hopefully you can keep that enthusiasm up! Tongue

The beginning stage for traders is called "paying tuition." Novices should plan on losing a bunch of trades when they start out, maybe even blowing up an account or two. Most people quit during this initial stage and assume the markets are rigged or that they will never improve. For the persevering few, it's a learning experience and it makes them a better trader as they beginning learning how to trade profitably and how to cope with trading psychology.

When did you start trading? And share me some of your experiences as a trader? Your failures and improvements.

It's been almost a decade now, and 6 years for Bitcoin. The biggest failures are always emotional ones: FOMO buying without a plan, panic selling when we haven't triggered a significant stop level, pulling stop losses and letting losses run. Letting losses run is the worst killer of all. Make sure to have a sensible, risk-minded trading plan and stick to it! Don't let emotions trigger you into making rushed decisions.