- Trading every coin instead of choosing a few that I could understand their movement
Those are the few lessons I learnt from failure, what did you learn?
It's an established fact that whoever of us started trading has faced loses in the start. Their is nothing to worry about the initial loses because they guides us to form a future strategy. One thing we must take care is not to start trading straight away with huge capital initially because major portion of that capital will be lost..
That's the beauty of trading if the individual can take advantage of it to improve in his trading knowledge, because every losses we make in any trade there's a lesson to be learnt from it. And if the trader can do well to identify his mistakes then the knowledge gained there could be useful for all others times he has to trade. The degree of mistakes made would determine how impactful it could be on the trader to either quit or continue. That's why it's important to always use little funds we can afford to lose.