Quote from: Hammer_Summer on Today at 11:27:58 AM

Quote from: Barikui1 on January 20, 2024, 07:32:06 AM

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Actually Trading involves patience discipline and ongoing learning, A lot of novices jump in anticipating immediate earnings and get disillusioned soon. Without a firm foundation and suitable coaching it’s easy to get lost, I also think that real progress in trading comes from constant practice and being able to keep calm even when the market doesn’t go your way.

Aside all the known resistance approach in trading most especially trading in digital assets like cryptocurrency, you should have it at the back of your mind that you may likely not be accurate most of the times this is because of the, high volatilities in the market that cause things to go in whatever direction, most traders don't know the luck factor that I am talking about right now, but is a very important tool for traders trading in volatile markets like Bitcoin and other digital crypto assets on the exchange.