Post
Topic
Board Trading Discussion
Re: Why people mostly fail in trading
by
shinratensei_
on 12/03/2024, 04:45:01 UTC
Newbies should master the art using Demo account and also before using real money for trading have a mentor or coach to direct you so as to reduce Lost, and enable mastery
I guess there's no mastery of skill in trading in my opinion its all experiences accumulated, using demo account will never sufficient and can hardly simulate the real adrenaline and anxiousness when you are trading with real money where it might heavily influences what you are going to do.
but I guess its an alright way to know how the market work, but whats matter is I think emotion management and how to make wise decision financially where the decision is truly made with logic.
that can only be done when we are experienced enough as a trader and I think it requires some kind of extensive knowledge about the cryptocurrency.
knowing current news about project better then anyone else could also put us on the advantage than the other people.