Hello, friends, I have a request on trading skills that prompt this request is because of my recent experience in trading I used a large amount as capital for trading and at this moment the only amount being left to trade with is $200 I lost all my funds to spot trading.
Am looking for the technical aspects of trading what are the tools needed to build a good trading career.
It's not advisable to throw a big amount of money, which would pain you if lost, at a trade that you lack the skills to manage. With proper understanding of technical analysis (TA) and fundamental analysis (FA), you can begin to master crypto trading. TA helps you to understand and predict the price pattern while a good FA mostly pushes the price up.
If you have bought in good coins/tokens, even if the prices dipped, they would most likely rise again in a bull market. So you need patience as a virtue. Unless you are trading futures, you don't lose your money in spot trading until you sell the token at a loss.
Master yourself first (emotions, patience, risk appetite etc) before you master your trade.