Post
Topic
Board Trading Discussion
Re: New trader's must remember it.
by
Best-mary
on 15/04/2024, 16:55:45 UTC
Believe it or not, not all traders follow the steps or instructions in the picture, especially those new to trading, but they will eventually learn the truth by experiencing the hardship or losing in trading if they will actually continue trading even if they experience the loss on their first try at trading. 

Trading or day trading is not an easy thing because you will experience anxiety wherein you can't be comfortable because you know you have open trades, which may result in monitoring your open trade throughout the day, which could affect your decision. If traders will actually follow the steps or instructions in your picture, then maybe they can be a profitable trader, but of course it still depends on their knowledge and how they can make a good trade analysis. This kind of topic is discussed numerous times in this forum, but the thing is, if this kind of advice doesn't reach those traders that don't lurk here, then how can they know what they should do?
The major issue arises from the pressure of time; traders fear missing out on potential profits while still learning to navigate the market. It's high time people started paying attention to products like Smart Trend on CEX platforms. With features allowing users to select market directions and automate trades, they can focus on honing their trading skills.