Quote from: Assface16678 on November 29, 2023, 11:33:43 PM

Quote from: cafter on September 27, 2023, 04:38:29 PM

Quote from: Altryist on September 27, 2023, 01:52:07 PM

but almost every story of a successful trader begins with losses, this is how experience is gained, I doubt that there is any way around this.

When i first started trading my initial two trades were winning trades which made me around 25% profit, after that i was dreaming about Luxury future.
but it never came true because after that two trades i was making losses. and come to this thinking that how anyone can make profit from it?

When we lose money in our trades, we remember those mistakes for a long time. We learn from these errors, and that helps us start making a profit.

That's what you call beginner's luck, I'm sure most of the traders experienced being lucky in their 1st - 3rd trade and from that they have thr sight of trading is easy and can gives a lot of money, but that's when we stumble once after that the path is unclear and difficult, you will experience many losses and also discouragement because you will be cautious and wary in every trade you will do, I think that's wgeb we should step up and look what we are lacking because that's the turning point in which you will understand that you need to grow before you can trade efficiently, you need to invest time and effort to gather knowledge and experience before you can see that you are earning in trading, and even in that point you will still experience losses but not thar too impactful to you, so knowledge and skill is the key to survive in trading.

This is actually true on which on the time that you would be having those kind of winning trades on your first try then this is where you would be having those kind of thoughts that it is really that easy
until you would really be that become that too overconfident and this is where mistakes would really be starting to pile up. Sooner or later you would really be able to realize that it was never been that
easy on which you would really be making yourself that going back to the drawing board and would be learning on what are the things that needs to be learned.

People would usually really be having those kind of impressions just like in gambling too, if they do test it out on their first time and ends up on winning
then they would be having thoughts that its easy. Trading is for everyone, there are really just those people who cant really be able to bare up with the risks
and this is why they do chose on not to make any actions.