Quote from: Pandu Geddon on Today at 01:31:21 PM

Quote from: Wakate on August 08, 2025, 11:14:29 PM

Quote from: Pandu Geddon on August 08, 2025, 12:52:11 PM

Experience indeed makes traders more confident in making analyses and placing trading positions. Trying more and learning from experience can develop a trader's skills. Of course, it will take time to become a trader who consistently makes profits in the long term.
In the process, we often see some traders eventually give up and seek other ways to succeed. Those who can make consistent profits can be said to have a better life from trading.

Gaining experience in trading would take a long time for a trader to have been in the market trading on a consecutive stance to earn profits from the market. Gaining experience in the market is very vital to get accustomed to the way the price of cryptocurrency moves. This kind of knowledge alone helps traders to understand the market structure and to know when to make quick decision when price is moving in the opposite direction.

Experience is what differentiate a newbie from a trader that has been in the crypto market for many years. We need to learn how to trader and after that, we should endeavor to gain experience in the market so we don't trade blindly.

Beginner traders certainly do not have enough experience. What happens is they may learn from the experiences of others and try to apply them themselves with the approaches they learned.
However, I agree with you that personal experience is indeed the right way to learn and grow. But this can only be done by traders who have the determination to succeed with their trading.
Losses clearly cannot be avoided in this process, but those who persevere and correct mistakes with their experiences can find the path to success in trading.

I agree with you, a new trader in trading must have the mindset of learning better from each loss, here losses will naturally happen, but he has to learn more deeply from each loss, basically trading is very difficult, and to survive here, you have to be patient and learn new lessons from each wrong step, and later you have to be more careful about that mistake. There will be mistakes here but you cannot get emotional because of those mistakes, rather you have to try to correct them every time and bring more depth to market research, then they are the ones who gradually get closer to success.