Post
Topic
Board Trading Discussion
Re: if you are a trader, how long it took for you to become profitable trader?
by
CageMabok
on 16/01/2025, 11:57:18 UTC
Brother, when a new person comes to the market for trading, they don't have much knowledge. When they take short-term trades, they only analyze the graph a little bit, so I think it's more like gambling. And I meant to say it's like gambling, not that it is gambling. And I myself am new to the market, so according to me, a new person usually incurs more losses in short-term trades at first, until they fully understand the market.
People who are still very new to the market should not immediately trade in any coin with any capital even though it could be their first try in the market. But at least they should seek some knowledge that they can apply even though it can't always be an important reference for them because market patterns and conditions always change and are not fixed so the importance of knowledge as the main foundation rather than trying directly with reckless capital which can ultimately result in losses.