Post
Topic
Board Altcoin Discussion
Re: SIMPLE ADVICE TO ALL NEW TRADERS
by
Genemind
on 31/07/2020, 19:29:27 UTC
TRADING is not something anyone rush into because it's paying people, its something you sit down, read and understand and also learn by doing. To trade furures, no good trader will tell you to jump into futures trading with a small capital and high leverage ,  to be a good trader you need discipline , the same discipline you apply to a 10$ account is what you should apply to a 10k$ account.

That's why we said that trading is not for everyone, because it really takes a lot of preparation not just financially, but you need to be mentally tough as well. Can you take seeing negative in your account? Are you emotional trading? So you need to have discipline and learn to control your emotions, you shouldn't trade with your heard, but used your brain to make logical decisions.




I certainly agree with you. Trading is actually a long process of learning and mental conditioning. Since the market is unstable, we should also learn how to control our emotions or else it will be the one who will control us. Trading isn't as easy as everyone thinks because there isn't an assurance of a good profit. It needs further understanding for us to deal with every market situation easily.