Post
Topic
Board Trading Discussion
Re: Trading tips that helpfull for beginners
by
carlfebz2
on 24/07/2023, 20:32:51 UTC
The problem with some beginner traders is that they usually think that trading at a bigger capital will also gain higher amount of returns. That is a wrong mindset since you can’t expect that trading will certainly be profitable in the end. The reality is, the bigger money you trade, the bigger amount of losses will be. Unless if you become a professional trader, you can always increase the size of your trades.
The beginners who think it will be effectively using bigger money, probably they don't learn enough about crypto trading. If they learn properly, they must understand that it is better to use small money first. Every beginner must focus on learning, know first how to trade in a proper way. But for the beginners who don't really care about learning, they can be greedy because they are too obsessed with big profits. They may not realize about the risks in trading, they only think about the potential profits.


And usually these fellas are the ones who do really ends up on having that messy start up and this is why its never been that ideal on making use of huge amount specially when you are just starting up.
We know that its not something recommendable on doing so considering that we are still lacking of knowledge and skills on which it would really be just that right that you should really be making use of capital
or bankroll on which it should be less or small since you are still on learning phase..

Start up with demo and you should really be spending ample time on trying out to figure with those trial and error and also the most important thing would really be about on having that
kind of management when it comes to your funds. This is something that could be learned along the way on which it would really be helping you with your learning curve.
Proceed out with caution and really be sensible towards your actions that you would really be making.