Quote from: harapan on March 07, 2025, 08:48:58 AM

Quote from: Jojos on February 04, 2025, 03:23:26 PM

First the first question you need to ask yourself is, where does the money I earn come from, or, where does the money I lose in the financial markets come from.
People make us believe that the market moves based on supply and demand when this is totally false. On the contrary, the market rises when there are many sellers and Shiites when there are many buyers.

Of a truth we need to take note of this things basically cause they mattter in every way in making us successful in trading but the first thing is having ground knowledge about the markets and how it flows, then I'm trying to understand that we are the liquidity because we tend to buy and sell and this patterns changes the price thereby causing liquidity, so being a successful trader isn't an easy task because you have to be ready to face anything that comes in.

I am sure many traders are not aware of this that when we buy it means we have filled the liquidity of the coin (let's say we trade bitcoin) and when we sell then we withdraw the liquidity that we have filled and even though the price does not feel drastic but the chart will definitely change a little when we make a sale or purchase, so don't be surprised why the whales group can always guess the price.

Another important thing to be successful in trading is controlling emotions, this is something that not many novice traders can master quickly, it takes long flying hours and also repeated failures to be able to have a strong mentality in trading, forming yourself to become a great trader is not easy but it is not impossible if you are consistent and persistent.