Ninjastic
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Board Trading Discussion
Re: MISTAKES
by
dunfida
on 01/03/2025, 08:00:42 UTC
Quote from: @nn@_pen9 on Today at 07:08:26 AM
Quote from: harapan on February 28, 2025, 11:58:09 AM
Quote from: K_vin on February 26, 2025, 08:35:25 AM
One of the mistakes traders makes when coming into the space of trading and investing in the digital markets like Bitcoin is having the mindset of guaranteed instant wealth, most believe trading is an access to guaranteed wealth,. Not knowing that just like any other industry there are ups n downs and hard work on the right information, patience and time is the real rewarder not mere presence and availability, you can't join the police today and become an IG next month, you can't join the military today and become a general next week, you can't become a doctor today and turn a consultant tomorrow, just like every other field, success in trading cannot happen overnight

Yeah alot of traders and investors think that trading is one quick money making processes, but it is but not necessarily in a short while,some tend to invest for short term cause they want to generate profits in no time but still yet one require patience to be able to maximize such huge profits and be sure that the investment would guarantee much wealth. Yes no doubts trading actually guarantee Wealth overtime and one is aware of it's ups and down and this is why it is needed to be more patient with it cause it's all gradual process.
This is where the mistake lies for people who have no knowledge about investment without studying it first in depth. Indeed, it is better to study investment first before you want to invest your money, if you already understand or understand what is good or bad, it depends on your choice of which one you use for your investment. Usually, people who already have knowledge about investment will certainly not take the risk of daily investment or future trading. With a pattern already formed in their thinking, investing with the profits we want and maximum will definitely require a very long process. There is no success without going through a long process.
Making up some research first before making any movements or decisions on which you would really be needing up to consider on taking up such step before you would be deciding to go onwards. We do know that when it comes into the situation on where you would be having that kind of behavior on trying out to deal up with something without any preparations specially this one is talking about dealing up with a volatile market. Mistakes are common but there are some mistakes on which its been caused because of that not being careful or mindful about on the things that should supposed to be done first before taking steps further. Usually people will really be that taking such initiative at the moment or time that they will really be that experiencing up some difficult situation and not really that minding that much at first tries. This is why its best that you do really know about into the things that needs up to do first.

Instead on trying to make yourself that being easily discouraged by mistakes. It will be better that you should really be having that main consideration that you should be learning from these errors rather see this as a negative thing. Usually people do have this kind of insight at the moment or time that they've been able to experience or encounter such condition and instead on learning from it, they do rather ran away from it and on the next time that they will be able to encounter then this is where things do make up on the same mistakes all over again and again because they havent that learn these things in the past on which they must or have should.