I HAVE JUST EXPAIN TO YOU MY JOURNEY OF TRADING THAT HOW I HAD LOST THESE DOLLARS.
I have started the trading from BINANACE app and I invest 1 k dollar at the start from spot while I had no teacher
i was in trainee at that time one day was will profit the other day was my loss day every month I invested in binance app from my salary
after investing these money would finish in just 4 to 6 days after that I again wait for my salary.
At the end in invested 6 k dollar at one time but there was a coin which has up from 0.92 to 14 dollars I bought this coin in 11 dollars and
unfortunately this coin dip to 2 dollars and I was see my loss in just 10 minutes.
My trading method I just sharing with you tell me where I done a mistake
1: invest in one coin also multiple coin
2: trading was at spot also futures
3.coin was buy from dip they again more dip
4.coin was sell from top they again go up
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.
So there's what have you done and these are my comments basing up on the number.
1. Doesnt need to go multiple if one is really just that enough. Dont try to catch up everything.
2. Futures is not recommendable, it is really that gambling like
3. Buy high sell low, eh?
4. Profits is profits, this what matter most.
Dealing up with this unpredictable market would really be always be ending up with unpredictable results. Outcomes could really be that different because there's no way that
we could be able to determine on where things could be going. This is why losses are indeed inevitable and there's no way that you could really be able to tell whether you would really be
succeeding into this career or not.
16k loss in a year is really that big and not something that i could really afford to lose but since its their then there's no turning back.
People would really be losing money on the time that they are starting which its a common newbie situation but later on then having those mistakes do make out
learnings on which it would really be something that will really be useful for you into your further trades that would happen in the future.