Quote from: lalabotax on June 07, 2024, 09:30:01 PM

Quote from: Bushdark on June 07, 2024, 09:18:32 PM

Quote from: Natsuu on June 06, 2024, 04:18:41 PM

It won't. Acquiring the skill means that you are accepting the fact that anything can happen in the market. That your wins and losses are perfectly painted in probabilities. Having the skill in trading is knowing when to take the risk and when not to. Because losses are normal part of the game in trading. It's like taxes or transaction cost that need to be payed to be in the game.

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

Indeed. There are several factors that ensure we can at least get regular profits in trading. One of the most basic things you must have is knowledge and insight about crypto, trading, and several other related knowledge. Because without that, trading is actually just like gambling, without skills and knowledge, just hoping for luck. And this is really a bad idea to trade with a concept like this.

For this reason, we have discussed and read several times regarding tips for trading, especially for beginners. In fact, knowledge is very important. Then, after having good knowledge, it must also be combined with various other factors. Such as discipline factors, wise and good financial and risk management, as well as good emotional regulation and control. Because of that, everyone will also be involved during trading, whether they are beginners or those who have been playing here for a long time.

Good finacial and risk management, things that also affects the outcomes of your trades, it's more on how you handle different situations as decision making mostly affects of your knowledge, if you have good insight, then you may continue developing your chances to earn, though if you failed then for sure you will going to deal with it as same as gambling, better to earn and seek for more ideas and compose it to create better strategy that may work accordingly.