Post
Topic
Board Trading Discussion
Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
by
AnonBitCoiner
on 16/11/2023, 15:24:06 UTC
Some confidence are stupidity. One of the stupidity is to gamble with coins and thinking that you are trading but instead you are a gambler. Another is to use a high leverage that will make you to continue to lose. Another one is when you are not using the amount of money that you can afford to lose. It is better not to have confidence and not trade if not following the trading rules.

If someone is trading blindly and have no experience and knowledge about a profitable coins then actually he select random coins and think that their luck will help them as a result of which neither their luck can help them nor they find any information regarding success from their experience. Such type of trading is termed as gambling due to which numerous individuals says that gambling and trading are alike which is their big mistake.

People dream to have more profit therefore they use more money as they have heard that larger amount gives larger profit and smaller amount gives little profit so they put large sum and suddenly the market turn its position and all their dream become untrue. Trading is not easy but it is also not so difficult that one cannot do it therefore if you follow a regulations of market then their will be big reward for you in near future.