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.
When trading in crypto for the first time, many times losses are faced due to lack of experience towards it. But when I first started trading I faced losses a few times especially when the market reversed upward force when I bought. Although in the first stage there is not so much knowledge about the trade due to which such a small amount of loss is incurred. I have faced such risks a few times but I think trading can never be learned without loss, and profit can never be gained without loss, so in order to gain, one must suffer loss. But even though I trade now I don't lose a lot of countries most of the time I make a profit trading with a small amount of money there is not much risk. And before trading, if you know how to analyze the market well and learn about the market, you can profit without facing losses. Experiencing losses at one time increases experience and trading from that skill will surely lead to future success.