Post
Topic
Board Speculation
Re: Road to 100k?
by
Sexylizzy2813
on 26/07/2024, 00:50:38 UTC
For anybody that will fathom the idea of going into trading, the person must have already known the implications involved, as the risk factors are the primary projections you will be taught at the beginning stage, however this does not mean that experts too don't make losses, because losses are part of the knowledge required for you to know how to be strategic in your trading journey. So is all depends on the individual  to know how to manage the risk factors in your trading. but however this is a pointer to the fact that trading has its own success story and volatility, just the way bitcoin holding has its own success story and volatility.

Many never have it in mind that when starting or going into trading that there must be losses, they only see themselves as those who gain more than they can lose whenever they start, that mindset is good and it makes some to be mindful of how they make their trading not by thinking that they know it all, that's where the down fall of many traders beginning.
The way you plan yourself and using other people's mistakes to learn can improve the way you go about business in the crypto world, sometimes taking that risk do pay more than being too careful but the question is "who doesn't want to make profit and who wants to stay losing"? Is an individual choice to make and learning from others is one of the key factors to survive as a trader and we shouldn't see those we seek for assistance as the best, is their experience they're giving to us not that they are 100% perfect.
Ordinary nobody goes into a business or investment with the mindset of losing, but however for the business of trading it is inherently required that as a beginner you must get a mentor or somebody who teaches you ways and means on how to go about trading, so in teaching you, he will tell you about the fact that you will get losses along the line, because the market variance and force's can work against your predictions anytime.
So for me your mentor should be your guide so as to reduce those risk, so you don't just walk into trading without caution inside you.

At the same time some of these mentors especially those one on YouTube that only want their videos to be the best, they don't speak much about losses only how to make profit and you'd agree with me that many who only think of getting more profit are those who uses their imagination to start up trading, they just picture themselves to be at the top above every other starter.
I think getting someone like a mentor shouldn't be a problem but the issue is how good is the mentor because everyone needs to be careful not to be in the losing side of trading, not everyone we call mentor has what it takes to guide someone to the right direction.