~snip
Every new trader is sold the dream of trading.
No new trader ever considers loss. All they do is a calculation of what their compounded account will be in months without factoring in LOSS!
Somehow, I think they only think about how they can make a big profit in the short term without thinking about how they can find the right coin that can help them to make a profit. The new people in trading are lack information on how to analyze every potential coin at the market so that can make them lose any time.
when we have lost, and lost assets, it will be difficult to recover, because sometimes the incident is always unthinkable. however, it takes a long time to recover. in my experience, it's only a matter of time until the psychology returns, but if they are ready to lose, I don't think it will take longer.
Sometimes, we need a long time to calm ourselves down to accept the loss because I have those experience. But now, I guess I can handle myself from the loss if somehow, I make that loss. With so many lessons we got in trading, that can give us time to be wise to manage every problem that we face. I think that can happen too with the new people because they will get more and more experience to make them grow and improve their skills or themselves.