Quote from: sulendra12 on Today at 03:29:41 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?

This is why you have to be ready to take the risks and stop thinking that everything is a win. I'd prefer to suffer a loss in early runs to know how does it feel so I'm not that surprised if I encounter the same scenario again in the future. Keep winning is great but on the other hand, if you can't handle one small mistake and ruined your emotions then what's the matter? Failure is a part of success

There's no such thing as perfect trading so it is normal to fail in crypto trading especially if we are just at the beginning of our journey. Failing doesn't mean that you won't succeed but rather it can be a big motivation for us to learn and be better. If we have experienced failure, we already know what to expect and through that, we can handle our emotions. Dealing with our emotions is quite hard sometimes because trading could give us a roller coaster ride of emotions so we should be firm in handling what we feel.