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.
While trading in crypto many people face loss at first. When I started trading I traded in such a way that when I buy the market moves one way and the other side completely against me and I have faced losses like this several times. However, it is impossible to become experienced without experiencing a loss or two at the beginning of starting a business. Losing money can be successful slowly. The way I trade now, I definitely get some profit. First of all, when starting a business, one should have a good understanding of the market in terms of trading and understand the daily position or the weekly position. Learning to analyze well can certainly lead to good experience if you gain knowledge from it gradually. And if trading can be done in this way, it is definitely possible to be successful.