Quote from: rojan on July 17, 2022, 03:33:47 AM

Quote from: sklopan on July 15, 2022, 12:25:50 PM

The best option to be more confident is to have enough experience. To do this, I tried to work longer on the demo account of the Amarkets broker in order to have more experience and knowledge.

I think you need to have good confidence before doing anything. If you don't have any confidence before doing anything, you will never be successful. Think carefully before doing anything. Once he starts, he should never pull back from him.

Well, I don't think it's just trust and safety, I think a trader should have a lot of information and read books as well as study many analyzes of various traders, even so, he shouldn't be influenced by the news, I think that the news sometimes influences decisions and this is not entirely good, because each person should have their own arguments according to what they know or if they apply some kind of theory to be able to trade.

Quote from: goldkingcoiner on Today at 12:43:55 AM

Quote from: GiftedMAN on April 26, 2022, 05:12:33 PM

One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

I think the real problem is putting all your eggs into one basket rather than being greedy. Although putting every egg into a single basket could be seen as the result of greed. Its obviously important to diversify your investments into things worth investing into. I for one would never invest into start ups which do not even have a institutional investor behind them.

I remember someone once did an experiment and randomly invested into whatever came up first and that person did remarkably well. So there is obviously a limit to how much research will be useful.

I am also in favor of what you say, because we cannot achieve everything in a single canata, I really like the diversification of money, investment always needs to be diversified, it is something that is imperative to do so that if you run into any problems, we have the other entry just in case, what apsa is that not everyone sees things that way.