Post
Topic
Board Trading Discussion
Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
by
jeraldskie11
on 15/11/2023, 12:59:58 UTC
It is better not to have confidence and not trade if not following the trading rules.
If you're a newbie, confidence is the result of backtesting your strategy.
If you're an intermediate trader, consistency will give you confidence.
If someone says that he is confident but didn't backtest and encounter many loses, he probably lying to himself.

Your level of confidence will decrease as you lose more money trading.