Post
Topic
Board Trading Discussion
Re: Journey from gambling to trading
by
cryptoloverlife
on 05/07/2019, 06:37:03 UTC
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

Well, that actually most of the newbies did here mate, they don't know how to listened about the reminders of the old members here in the forum, then because of their stubbornness they always loss their coins in the end. But good to hear that you learned from your mistakes and
I admired you on that decision you've made now, so keep up the good work. 


Apparently, most people learns their lesson by experiencing huge mistakes and failures. I think that is the best teacher for me because when you got burnt, you will personally hate that feeling again so next time that you feel greed, you will resent it because it is a signal that you are losing control thus suggesting your brain to sell the profits you got before it is too late.

Mistakes will surely make us learn many new things about the experience we face, yes, mistakes will surely help to retrieve those mistakes.
In this way, we will easily control our emotions by not repeating the same mistake every time, so we should think positive even though we lose because on one fine day the door might be open for us.