Post
Topic
Board Trading Discussion
Re: What is the growth path or learning path for traders?
by
stomachgrowls
on 24/12/2024, 02:46:53 UTC
Hello everyone, I would like to ask you how to become a stable profit trader, what aspects should be learned from it, I have read some books, such as price behavior, but still at a loss in the real market Sad

The growth path of trading is to know how to manage the risk and the learning path of trading is to understand the things that you learn about Trading. To achieve success in trading, it's crucial to master two key aspects: risk management and knowledge application. Effective risk management enables traders to navigate market uncertainties, while understanding and applying trading knowledge empowers them to make informed decisions. Ultimately, trading success hinges on the trader's ability to balance risk management with the practical application of their skills and knowledge.

It would take time to learn skills and tricks in trading. Let us put it this way, it is not an overnight task to begin with. Every trade is unique, and from there, you will gain new insights that can equip you to execute the next trade.
I believe most of us started from scratch when it comes to crypto trading. So below are my learnings when it comes to crypto trading
> don't be scared to deposit on any trading (but as much as possible select the reputable ones) platform  - but deposit small and test if it will go thru, remember, for starters  - just by copying the address will give you paranoia
> use small funds to start with your trade, as much as possible, use the min amount to start a trade
> at least search for the alt that you are trading with
> if you are using DEX, check the gas fees and other fees involved, sometimes the fees are quite expensive and it is not worth executing the trade
There's no trick in trading but rather it do pertains about pure skill on which this is something that you wont really be able to learn in a short period of time on which it will really be just that right that you should be having that realistic approach at least towards on learning this specific skills. Career path is something that wont be too easy and it will be involved tons of time and effort before you will be able to have a good grasps into it. Growth will be basing up on how you will be able to find yourself into this career because if you are that serious on learning up this skill then you will definitely be needing to adjust accordingly and this path isnt something that easy to take. There would be tons of challenges and hardship that you will be able to encounter along the way and if you arent that good when it comes to this manner then you wont be able to survive. This market is volatile and make it sure that you do make yourself wary at least on what kind of market that you are dealing into so that on the moment that you do experience some loses then you can just easily move on, but of course its not something that you wont be having some reactions since we are just humans on which its normal that we do get pissed on the time that we do suffer up some loses on which this one is really that indeed normal into this aspect. There are really  those times that people do become confident and thats why they are bound to suffer tons of errors and mistakes due into this kind of behavior.