Post
Topic
Board Trading Discussion
Re: Don't rush you will still win
by
Silberman
on 23/09/2024, 20:27:01 UTC
Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
It is completely understandable that traders want to win every single trade but this is not possible, instead you should look at your results after a hundred of trades and if you obtain profits then it does not matter how many times you lost as you earned more money anyway, however gaining this kind of perspective takes time and most newbie traders are unable to think on this way, and this causes them to suffer loses they could have avoided easily if they did.