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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.

Trading is not any easy task. trading is a professional task. The more time you waste here and the more you lose, the more expert you will become. One cannot learn about trading or become an expert in trading very quickly. I would suggest you to continue trading with very small amount and keep note of your mistakes and continue trading. Then gradually you will become an expert on your own. you must have patience in this case

Trading is actually not difficult if you really learn it, what is difficult is fighting yourself, controlling your emotions. Because basically trading does not have to be professional, if professional it is better. However, everyone who will start from the bottom, cannot immediately become a professional and then be able to trade, even professionals start from beginners.

For beginners if you want to start trading, understand the basics of trading first because this is the most basic thing to become a professional, understand the basics of the coin you want to trade in order to be able to analyze the market properly. Make a detailed trading plan so that you have a target and of course you must be disciplined in carrying out trading activities. The last and most crucial thing is to start trading with a small capital so that when you experience a loss it is not painful and you can take wisdom from the loss because believe me every trade must have a loss.

Actually its difficult and this is something a skill that you cant really be able to obtain or attain in a short period of time.Even if you do make yourself or called a veteran or experienced trader but there's no way that profitability will really be that being assured. This is why learning would really be that continous and something that needs to be adapted as much as possible. As for beginners and some tips then the best thing to be
put up in mind is that you shouldnt really be rushing up yourself on doing trading specially when making profits because it will really be just that disrupting you on making up some good trades just because you've been minding too much about on how to make money or profits and not really be that thinking seriously on putting up some analysis or indicators into each trade. We do know thats not really a precise thing but this is something more better rather than on making yourself that delusional.

As a beginner then mistakes could normally be able to experience, the key on here is that you should really be wary about on how to deal up with loses and will be able to adapt on whatever the things that you are currently experiencing with. Dont make yourself that trying to become a gambler on each trade you do make because as a noob then there would really be times or moments that you will really be something like this on which there would really be moments that emotions and mindset cant really be able to control at the same time. This is where you would really be needing up to build yourself on a gradual phase.

Take it slow and learn up the things that you will be able to learn up along the way. Just like on what you have said that people do rush up things because they are really that too impatient on trying to look for profits.
One of the reasons on why they do make themselves get derailed just because they had become that wanting to see fast profits and which will really be resulting into that non minding about application of any analysis on which we know that it isnt really that ideal on doing so. When you are just that new into this space then take those learnings to be put up on your brain on a slow pace manner and trying out to understand those detail and formulate out whether you will really be needing up to adjust or not. Just like on what you have said that building up or making yourself that experienced as you do go ahead will really be that recommended on doing so.