Quote from: edy_58 on July 30, 2023, 03:03:57 PM

Quote from: Hardkoin on July 19, 2023, 06:46:55 PM

Hello Folks,

Have you ever had a series of losing trades? In the sense that you go in one direction and the market turns in the other direction. You try to quit the trade and enter again only for the market to revise in your previous position or you have had a series of losing trades that you start doubting your confidence in analyzing trade.

Can you share your experience of how you were able to put up courage and come back to trading? I will also want to inquire what action should somebody take if he/she finds himself in that position.

I think almost all those who have just started trading have experienced losses, but in trading, knowledge is needed so that you can know the market conditions so that you don't experience losses in trading, and we need to evaluate where our mistakes in trading are for us to correct in the future so that we don't experience losses.

Once we have determined to become a trader, we need to determine that we will inevitably fail in the early days and in the learning process. If we cannot accept that then we should not engage in trading or investing in cryptocurrencies. Because investing is inherently risky, no one can guarantee that simply entering the market will automatically make a profit. This is a financial market where we will use money to make money, not a job market that uses labor to make money. If you cannot accept losses and do not want to lose money, then investing or trading will not be suitable for you.