Quote from: bittraffic on January 29, 2024, 03:26:38 PM

Most of the users who attempt to try trading I think have the goal in mind to learn it quickly with a crash course and hope to make a living with it.

In my case, I tried to learn quickly because there was a need for money, and wanted an immediate answer. I did lose more during my first few months maybe up to 6 months, I was just at the right time because I came to crypto just when the bull market was starting. If it weren't for it, I wouldn't have the capital to keep trying.
But eventually, I learned to only trade when the market is bullish.

I think this is were most of us get it wrong.I think trading should not be taken as a get rich quick scheme but rather a process of accumulating steady wealth.
It always fails us when we have the mind set of making it large at once.
I could remember when I read a book and I said to my self let me try this by funding very minimal amount of dollars as min as 12 to remain consistent with it and not to make money. I was surprised the result I had. I grew the 12 to 150 in just a week and took out 100 but the moment I started thinking about the money am really curious to make trading seeing that I now have capital to trade better I lost it all to the market and I couldn't win like I was doing no more.
I was trapped with my fears because I was risking more than enough which made me open to trading errors and that's how I stopped winning.
So my advice, let's rather build up a trading system that allows us remain consistent in the market than purpose in our hearts what we want from the market.
According to Mark Douglas "trading is a paradox" if you think of winning you loose and when you think of loosing you win;D