Trading is something where you need to know analysis, money management, analysis risk, maintain loss, Control Your Emotions and so on. Well I believe its good to have your own stretegy rather than following others. But everyone has different mindset, so are for their trading Strategies. Can you share yours, so that other one could learn from you and can do improvement in himself? Thanks
What can I say about the trading experience, all the trading strategies I started using were doing very well for a few days when the market was starting to improve but whenever the market went down, my trading platform showed huge losses. Currently I am losing a lot from trading. But I am not worried about the loss from my trading, I know that I can definitely recover this loss from my trading. In this case, I must be patient. If I cannot be patient, then I will not be successful. But one of the reasons I lost was because I was greedy. I was trading with ORDI Coin I bought at $72.55 but placed a sell order at $87.75. I have to see my losses due to my excessive greed. So I would like to say to every trader, do not trade with passion and never be too greedy on the trading platform. These two strategies I think are the best for trading.
The problem is that money play with our minds. The hardest thing in trading world is to make your mind safe. You will never have the right emotional to deal with lossess and profits. So, the tiny few people that can do it, win, but they can still lose.
Anyway, thing in the long term, even the most self controlled trader can make mistakes being greedy. That is being human and theres no shame on that, as you mentioned.