Quote from: Hamza2424 on Today at 04:20:43 AM

Quote from: Brainnybtc on June 06, 2025, 05:18:35 PM

Do we all know that most of the real causes of losing in trading is because some traders have little or no knowledge on trading or what they are doing in the market, they just enter a trade blindly hoping it goes their way, and when it starts going against them they start praying.

I have seen someone shorting a trade because he felt that the market has bought for a very long time, and when he did that, he was liquidated of the $30 he used in that trade because he didn't even know how or where to set his stop loss, so trading blindly is one major factors that cause losing in the market this days because when you know what you are doing, even if the market is going against you, you wouldn't panic as long as you use an amount you are willing to lose.

Using an amount that you don't care about for trading shows that you already have risk management skills because you know this could go wrong for you and with no knowledge about crypto and their PA we can lose so why not just trade with little amount and test it.

Although a newbie can start trading with $10 but $30 is also not a big amount and it will be a lesson for that trader to start learning first and then practice. Some people think they can easily understand it if they will just start it instead of theocratically understands it but they don't understand crypto don't work like that.

On this case on which i would be suggesting that you should that make yourself that be wary about or knowledgeable even with the basics. Therefore, if you are just that new into trading then the best approach will be having that demo trading. Try to familiarize when it comes to technical aspects on which coming from indicators and all the possible terms and on how the execution been done and other things that you can be able to learn. We do know that demo trading wont be that enough for you since it would be that completely different if we do speak about into those real balance trading or speaking about real money on which it will be that involving emotions on which this is the most hardest thing on which you do need up to learn or needing up to control. There are those individuals that it is fast to learn and there are those slow ones. Trading up blindly will be only that pertain into those people who dont have any idea on what it is.

Mistakes will be the learning steps for you to become more better on which you would be needing up to consider out on learning into those errors that you had made out in the past. You cant just that made out some trading and making out some positions without even realizing on what they are doing. Dealing up with volatile market would be needing up that serious approach and specific tools on which you should make use so that you would be able to handle yourself on the right way and not just that simply doing that would act out that you are doing gambling. You are the ones would be needing up to realize because if you cant be able to think up on what are the things that you should gonna do then you are just that having no idea on what you are dealing with. Dealing with volatile space will be needing up that proper ways or methods for you to be able to sustain or would be able to handle it out.