Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Trading is risky, be conscious
by
Bloodseekers
on 09/01/2024, 12:52:13 UTC
⭐ Merited by fillippone (1)
One cannot become an experienced trader without complete knowledge about trading. Becoming an experienced trader requires patience, strength and education about trading. But those who are new come first and trade if they are profitable then it is due to their luck. I had a friend who was just spot trading for a few months he made $400 in about a month trading one coin at a time maybe it was just his luck. I say this because he has no experience in trading but he earned from first trade. But not many people will be lucky in the first trade so everyone should understand and learn about trading to become a good trader because trading involves considerable risk.
Yes, to be able to become an experienced trader, you really need patience in going through various processes in order to become a successful trader. For those who have an advantage in being the first trader, of course this is just luck for them and people cannot try the same method as your friend did, because To be able to make a profit in trading, you must have good knowledge of the market and also have a strategy for buying each coin.
When carrying out very risky trades, of course we have to be very careful, don't buy an asset that we don't really understand well, which makes it possible that we will suffer losses because we don't understand it well and don't let us experience losses in the trades we make.