Post
Topic
Board Trading Discussion
Re: 16k DOLLARS LOSS IN JUST 1 YEAR
by
Inwestour
on 19/10/2023, 11:50:10 UTC

Kindly share your experience that I m doing a loss you are also a part of my problem so that I want to khow where I done mistake.

If you are just starting your trading journey, then you did not need to trade such large amounts. Obviously, at first you will make mistakes, but your mistakes are simply catastrophic, you decided to buy a token that showed an increase from $0.9 to $11, what did you expect in such a transaction? After such growth, it was obvious that the price would fall. In this case, all that remains is to become a holder with the hope that the price will someday rise again, but this can be waited for years and this still may not happen. But because you want to do trading, then waiting is not an option. Another huge mistake is trading without a stop loss, you could save most of your deposit if you used a stop, if you don't know what it is, you should look into it. If you still want to continue trading, then enter a small deposit and stay on it until you learn how to make a profit, you shouldn’t even think about depositing a large amount for trading, you will still lose it.