Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.
If you are a beginner, consider the amount of capital you use as the amount you will use as a trial, not intentionally to be lost but to use it as learning capital and the initial step of adapting to the fluctuations that occur in the market. Real trading with a demo account is different, when you experience a loss in a demo account, there is no emotional response that you will feel, but when you trade with real money, indirectly over time it will make your mental and psychological stronger over time.
That means I would say that losing $ 40 out of $ 100 is a natural thing for a beginner to experience, and I would also say that the worry or sadness you feel due to experiencing a loss is something natural. As long as you are able to realize what should be fixed to further minimize the amount of loss, then continue, trading is not an activity that will give you income without sacrifice, meaning you must first go through the process of difficulty.