Post
Topic
Board Trading Discussion
Re: As a new trader feelings and trading curiosity about trade?
by
irhact
on 07/05/2023, 06:43:42 UTC
As a new trader, it's normal to feel curious and even a little overwhelmed by the world of trading. Here are some common feelings and questions that new traders often have:

Fear of losing money: It's natural to feel anxious about risking your hard-earned money in the market. This fear can be mitigated by educating yourself on trading strategies, setting stop-loss orders to limit potential losses, and starting with a small amount of money that you can afford to lose.

As a trader you should not ba scared of losing money but if you do, it can be minimized by only using your spare money for trading, cryptocurency trading is very risky so you shouldn't be investment more than you can afford to lose as capital. If the capital wasn't much then you won't be sacred of losing the  money. It's only when the money is much you become scared.

Don't borrow money to trade as well as this are the reason fear starts coming to your mind when trading and it could cause you loses. When trading, you gain some and you lose some as you can't predict the market 100% of the time but make sure you're in profits on an average always.