Post
Topic
Board Trading Discussion
Re: My trading diary on Binance
by
Lakai01
on 31/05/2024, 04:40:17 UTC
Yes, if you make a mistake and lose in trading, you can learn about that mistake and learn the right things.  So in the case of trading, you have to take risk and continue trading by accepting risk and loss. By analyzing trading charts it is possible to make an accurate prediction and profit from trading but not 100% guaranteed. so there is always risk. no trader can ever trade risk free.
There may be mistakes while learning trading, but the more mistakes you make while trading, the more you can learn. And if you don't try to learn something new after making mistakes, you won't be able to do well in trading. There will be a risk of losing everything while trading.  Everyone is doing trading. Our Wuching help those who want to start trading in a new way by giving good advice so that newbies can gain good experience about trading.
I think you have to be very careful here:
The standard mistakes of newcomers (adding capital to poorly performing trades, for example) should never be learned in a phase where you are already using real money. Opportunities and procedures such as paper trading are very suitable here. This involves trading normally in the market, but either using play money (some apps provide this) or recording the trades in an Excel file.

This allows you to get to know yourself and your own market reactions very well, but you don't lose any money in the process.