Post
Topic
Board Trading Discussion
Re: Need help trading.
by
Mame89
on 09/05/2024, 21:42:00 UTC
To be honest, one should not rush into trading without learning the basics first. Trading is more risky than mere investing, so if you jump into trading without acquiring knowledge and even doing some demo trading, expect that you will get doomed in your live trading and all your time and money will only go into waste. This is the reason why we should not trade unless we are ready and capable enough mentally and emotionally.
Yes that's right. Patience, mental and emotional are very important to apply in trading. Without these three things, we will easily panic and rush, resulting in failure in trading. You also need to know that learning trading for beginners is not an easy matter because there are many things or aspects that we need to pay attention to. Starting from choosing the best crypto to trade to studying support and resistance so you can make a profit.

There are many things that must be learned for a beginner, not only understanding the terms in trading but also having to understand technical analysis which is mandatory. Moreover, learning crypto trading for beginners is very vulnerable to experiencing losses. So using a demo account as a learning tool is very important and starting trading with small capital first because you need to pay attention to this to learn risk management. In essence, learning to trade is never-ending, every trade is knowledge that must be learned.