Quote from: AnonBitCoiner on May 26, 2024, 11:15:27 AM

Quote from: Roggeredek on May 26, 2024, 08:04:08 AM

I think that those who have experience and skill in trading should never be afraid to trade, because they can make profit whenever they trade, if they can make a close estimate using previous experience, it is possible to make a good profit. If one is able to wing 7 out of 10 trades then he will be in profit.

Experienced traders are not afraid of risk or trade because they have the idea to cope up with the risk but newbies often feel insecure due to high risk in trading as they have not experienced it before.

If any person knows well about the market and the coins then he will boldly decide about his next step but those who don't know anything will be afraid that his decision may not turn into the wrong decision. If your losses are minimum and wins are maximum then you are a good trader but if the number of losses increases then it is necessary to take a break from trading.

It is better to be afraid to trade than to keep trading and not making profits at all rather then loses. People makes these mistakes a lot and we need to fix it before it is too late. Trading is not good for everyone and we need to be wise when making choose because we might end up losing all our capital if we are not careful on what to trader and how much we are leveraging in the trade. I have seen people complaining about trading and saying that it's only for people that have the mindset and capability to understand the right time to enter the market and the time to leave.