Quote from: Distinctin on March 23, 2023, 09:49:59 PM

Quote from: MiF on March 23, 2023, 09:33:11 PM

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

True, as newbies only have limited knowledge and no enough experiences before they start trading, so that put them into high risk of losing their capital. Controlling the emotions is the key, but you will never master it unless you are never exposed to the real trading scenario and that you only invest to gain profits and not to learn and master trading.

without direct experience, it will be very difficult for a newbie trader to get good skills in trading. I see a lot of people who admit they really want to start trading but the intention they have is so little that their plans always fail to become a trader.

after all, winning and losing is a natural thing experienced by every trader around the world, no trader wins 100%, that is nonsense. be consistent and make every moment when trading an experience so that in the next few years you can have good emotional control when trading.