Quote from: ShowOff on July 01, 2024, 06:39:40 PM

Quote from: GreatArkansas on July 01, 2024, 03:24:32 AM

Experience is the best teacher here. Because everything you will learn along the roads. Practice and experience and proper education and knowledge.
Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

I thought that was wise advice for him, GreatArkansas. We all know that it is impossible to become big on the first day, of course we need to study, observe and analyze until we gain knowledge and experience. Trading cannot always be expected to provide profits for every trader, so they also need to try anticipatory strategies so as not to lose all their money. How long or quickly a trader learns depends on his interest and consistency, but sometimes it is also influenced by his fragile mentality.

Yes that's right. In trading, nothing is instant, everything requires a process. All successful traders must have experienced bitter experiences in trading such as strategy errors, wrong decision making and so on which resulted in losses. However, they made this an experience for the future, not something to regret. However, it is through failure that they can learn a lot and be more careful in making trading decisions. From experience we can also form a stronger mentality when the market is not going well.

In fact, Trader is simple and easy, if done right. What is difficult is controlling yourself, forcing yourself to trade even though you don't have the knowledge and can't wait for the moment to buy and sell. Making mistakes over and over again does not turn those mistakes into learning and greed. This is what causes a person to experience pressure, fear and doubt when trading.