Quote from: Vitalicus on June 03, 2020, 07:42:50 AM

Quote from: carlisle1 on June 03, 2020, 07:19:16 AM

Quote from: Alucard1 on May 17, 2020, 07:13:26 AM

I have seen many questions about how they are going to be a professional trader, so I just wanna share my experience, I am not a professional trader but I just wanna share some of my experiences and way of thinking in trading.

1. Trade at your own risk - You should know that investing, gambling and trading is somehow the same because you are not sure that you could win the prize, so expect that you could win and you could lose your money.

Not only risk but also trade what we can afford to lose,since trading in this platform is too much risk so the more we risk is the more we lose.

Quote

2. Limit your budget - always limit your budget for trading, you should use only those extra money you have, instead of spending it on some other things, you may use it for trading, at least you made something to make it profitable.

better to allocate the amount that you need no more,so in the time of losing there will no regret.

Quote

3. Do not be greedy - There are many people who suffered from being greedy, they tend to spend all their money because of thinking that they could still make more money but instead of earning they have lost their money. ALWAYS KNOW WHEN TO STOP AND CONTINUE TO TRADE.

This is the most and perfect advice mate,Greed is all our main concern and we have been losing too much because of this.

Quote

4. Learn from your own mistake - Instead of being sad because of losing try to think on some other thing why you get lost and think some good strategies to overcome those mistakes.

Common knowledge is this one the only problem is the people who is not doing such instead allowing themselves to lose and lose constantly.

Quote

Trading is really profitable ways of earning money and having skills and knowledge about it would be a great advantage for you.

But this is also the most risky compared to anything that offers us profit in this market.

Critical!!! New traders should refer to these advice. It's really helpful. However, the most important thing is that you have to have fundamental understanding about the market before joining in. Don't join a market where you know nothing about. You'll be a naive sheep for scammers.

Greed people do nothing care about this because all they want is to profit and blame everyone if they lose everything.

we can just give them advice,we can also let them learn about something but we cannot push them doing what we wanted because the most important thing for them is to make money at all cost.

Quote from: coin_1122 on June 03, 2020, 12:24:00 PM

Quote from: Nitt371 on June 03, 2020, 07:43:35 AM

Hi. Thanks for sharing! This is very important and useful not only for beginners but also for experienced ones. The main thing is that these tips are applied correctly. Of course, everyone learns from their mistakes, but using someone else's experience also helps. Losing can be a good lesson for future winnings.

Loosing will give different experiences in the market, which we need to overcome those problems based on the market situation. Suggestions must be accepted from different person based on the experience they have, and we should apply those based on the market conditions.

We cannot forced anyone to follow what we are saying even how good is this,because we have all different perspective and different beliefs in life.