Quote from: Hopila on June 16, 2024, 08:11:37 AM

Honestly,I will say one the reason people fail in trade.they genuinely fail to Seek Mentorship and Guidance:

I advise people to Consider seeking mentorship from experienced traders or joining trading communities where you can learn from others' experiences and insights. Learning from seasoned traders can help accelerate your learning curve and avoid common pitfalls.

trading is a journey that requires dedication, discipline, and a willingness to learn from both successes and failures. By embracing the process of learning and continuous improvement, traders can increase their chances of long-term success in the financial markets.

Actually, trading doesn't need guidance because there are so many places to seek knowledge and learn in the digital era like now. The important thing is to want to study, study and use failure as evaluation material in choosing a trading strategy. However, if we receive guidance it will also be a plus because we will quickly understand and understand trading well and correctly. Even though we don't have a guide and follow a strategy, we must have our own strategy and do independent research before trading because of course everyone has their own strategy.

Many people who don't understand trading suddenly enter without sufficient knowledge, then fail, thus blaming crypto as a fraud. It's best to study first, join a demo account first, learning on various platforms and psychology is also important besides learning technically. In the end, it's all about mindset and knowledge, trading is logical, not just human psychology. Many have been trading for a long time and it's complicated, but continuing to learn is the basis of all business, including trading.