Post
Topic
Board Altcoin Discussion
Re: Many new traders are playing to lose
by
Masyudhi
on 03/10/2019, 15:59:56 UTC
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
We know many people who want to get profits quickly and many people who start trading without knowing more about how to become a trader and they only have the courage without thinking about everything first and when they start getting new failures they start to complain and ask for advice by other people. In my opinion this is a bad thing for someone who starts without learning and knowing more about something they will do, so don't forget to ask others for advice when we want to do something for the first time for us.