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Topic: My newbie trading experience - page 2. (Read 745 times)

sr. member
Activity: 1498
Merit: 443
December 17, 2021, 05:53:36 PM
Good experience, that way you can ensure the benefits and also risks that can be obtained from trading. The experience that gained by everyone will be very useful for future learning so that it can become better. Trading does need understanding and experience so that we can ensure the right momentum to sell or buy. It's okay if we fail in trading because with that we can be more careful going forward and not be careless. Most people lose in trading because they are in too much of a rush which makes them feel panicky and don't think carefully.
full member
Activity: 1302
Merit: 100
December 17, 2021, 05:33:25 PM
I learned things which I will tell you. 1 is you should always buy in dip. and try to avoid those coins which got more green. And if you bought and you are at loss you should keep patience. and try to sell in the pump
It is not certain that the market will always be the same because the cryptocurrency market is always volatile. A few days ago, I traded futures on the Binance Exchange and ate the liquidation of 1000.
hero member
Activity: 2982
Merit: 610
December 17, 2021, 04:27:48 PM
Even now I'm still learning to trade, I still make a lot of mistakes, but the experience when trading for the first time is experiencing profits easily and quickly, and in the end I think trading is easy. After that, I actually experienced a bigger loss, and that's psychology that we have to fix
Yeah, beginner's luck will not last for long and it usually end before we start realizing that we are still a beginner.
When you are making lots of mistakes in your trading then you should switch over to demo trading so that you will not lose anything just for the reason of learning.

This is also the moment to see what went wrong and what it needs to improve. Perhaps, a newbie will always be suffering losses before they got to know what they do it helps it out as if they will experience good at the first try, they then always think that trading is so easy. But these all had come to change when they got lost and even to lose everything. And this is the time to realize that trading can't be treated like that but it needs a serious market interaction and understanding otherwise, this just to keep happening. 
Everyone started as a newbie, as a newbie we tend to make more mistakes but as we go further, we will eventually improve because we are learning from our mistakes. If a trader will consider trading as a journey, then I would not be surprised that one day success will be achieved. With lots of free information online that we can use to educate ourselves, nothing is impossible and everyone has a chance to be successful.
sr. member
Activity: 2436
Merit: 343
December 17, 2021, 03:54:02 PM
Even now I'm still learning to trade, I still make a lot of mistakes, but the experience when trading for the first time is experiencing profits easily and quickly, and in the end I think trading is easy. After that, I actually experienced a bigger loss, and that's psychology that we have to fix
Yeah, beginner's luck will not last for long and it usually end before we start realizing that we are still a beginner.
When you are making lots of mistakes in your trading then you should switch over to demo trading so that you will not lose anything just for the reason of learning.

This is also the moment to see what went wrong and what it needs to improve. Perhaps, a newbie will always be suffering losses before they got to know what they do it helps it out as if they will experience good at the first try, they then always think that trading is so easy. But these all had come to change when they got lost and even to lose everything. And this is the time to realize that trading can't be treated like that but it needs a serious market interaction and understanding otherwise, this just to keep happening. 
legendary
Activity: 2660
Merit: 1074
December 17, 2021, 02:28:06 PM
Even now I'm still learning to trade, I still make a lot of mistakes, but the experience when trading for the first time is experiencing profits easily and quickly, and in the end I think trading is easy. After that, I actually experienced a bigger loss, and that's psychology that we have to fix
Yeah, beginner's luck will not last for long and it usually end before we start realizing that we are still a beginner.
When you are making lots of mistakes in your trading then you should switch over to demo trading so that you will not lose anything just for the reason of learning.

Most beginner do make mistakes in controlling their emotions like when they are seeing small profits then they do develop greediness and then may wait for bigger profits which lead to lose their unrealized profit along with capital in the end. Honestly, emotion control will be possible to develop along with gaining experience because you cannot learn it from books or videos.
member
Activity: 700
Merit: 10
December 16, 2021, 11:50:57 PM
Even now I'm still learning to trade, I still make a lot of mistakes, but the experience when trading for the first time is experiencing profits easily and quickly, and in the end I think trading is easy. After that, I actually experienced a bigger loss, and that's psychology that we have to fix
full member
Activity: 726
Merit: 100
December 16, 2021, 04:58:34 PM
First gain in trading usually a trade based on luck and its really normal to lose since you're still a newbie and what's good here is that, you go to the process of learning which is very important for me because if you want to succeed in trading, you must learn how to do it first. Don't lose your hope and continue to improve yourself, you can be more successful in trading because of your hard work, keep going.
true, trading for the beginning is usually based on luck because as i know beginners have no concept and beginners can't do good analysis in trading yet.  I think this is one of the first steps of the trading journey and a great experience for beginners.  so, in the future it can be used as a basic starting point to be better at trading
full member
Activity: 1358
Merit: 104
December 16, 2021, 02:14:02 PM
You have good luck for your first trade.I Think, many times for newbies are not lucky as you.i think you can be professional trader.You trading skill good enough. You have to patience and move on.Always learn any mistake don't de greedy.And control  your emotion to be trade. Wish you good luck for your future trade.
member
Activity: 262
Merit: 12
December 16, 2021, 11:18:20 AM
#99
You have good luck for your first trade, sometimes newbies are not as lucky as you. If you want to become a professional trader, you must have good skills. You just study harder to increase your knowledge about crypto. keep practicing your skills to be able to make peace with the market.
sr. member
Activity: 1190
Merit: 251
December 16, 2021, 11:05:11 AM
#98
in advance I congratulate you on your first trade. yes, the most important thing in trading is to have extensive knowledge, the ability to analyze this market is born from our knowledge. Token volatility is the most important thing for us to know, because the token's opportunity to grow has a good movement. keep practicing your trading strategy and don't rush into decisions.
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
December 16, 2021, 10:48:51 AM
#97
I learned things which I will tell you. 1 is you should always buy in dip. and try to avoid those coins which got more green. And if you bought and you are at loss you should keep patience. and try to sell in the pump
member
Activity: 518
Merit: 45
December 15, 2021, 03:09:06 AM
#96
As a beginner, this is not a bad enough initial income.
Yes because most beginners have a similar experience as this, if there is a need to upgrade your trading portfolio you will have to do that most civilly, but if you jump into simply because you need more profits you may get it wrong, and leading to losses.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 14, 2021, 05:39:13 PM
#95
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.


Seeking higher profit should be done in a careful ways in order to deal with it, don't just trade if you desire for huge profit. Always start with your attitude because that's very important. You must be aware that trading is all about emotions, learning process isn't about bigger profit but if you have the skills step by step the aim for abundance on your financial capabilities will just follow in the near future.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
December 14, 2021, 05:21:20 PM
#94
Since you have experiences the plus and minus of trading, you must have some lessons why you can earn profits and vice versa why you will lose.
And this is normal in trading cryptocurrency. That is why for many people who are not ready yet entering crypto trading, they will probably stop and consider that trading cryptocurrency is something bad because of the loss.
I hope that you are not like that.
I think you have taken to the next level of trading experience by taking the right strategy to get based on your own experience.
Many people are learning by doing moreover by our own experiences. this will really work. Just keep it up to make your personal trading better and better, wiser in taking decision, and also better in managing your funds.
newbie
Activity: 9
Merit: 0
December 14, 2021, 03:52:46 PM
#93
As a beginner, this is not a bad enough initial income.
full member
Activity: 616
Merit: 100
December 14, 2021, 02:53:29 AM
#92
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

capital of $ 250 in a month to generate $ 450, here you get a profit of $ 200 in my opinion is very good for a beginner.
however, if you experience losses I think you need good trade management so that you can manage your money so you don't get caught in a loss. keep learning, take this loss as a lesson and keep the spirit
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 13, 2021, 06:10:16 PM
#91
I also started trading around 2019, the first coin which I traded was the coin I got from bounty reward which I sold very cheap because that was my first trade and my first time trading which since then I never regret been into cryptocurrency. I believe if you continue trading them you will have more experience, you don't have to feel bad cryptocurrency trading is all about profits and lost but I believe you should make sure your profit is more than your lost. Anybody that's telling you he will teach you how to trade without losing money the person is just deceiving you.
Experience will make you become better. Early loss as you trade is very essential, you'll make them right afterward. But if you keep on losing then you have to change your plans. It's not normal for you to have most of your trades at loss. It's either you're just letting it go and happen and you don't change your strategy. Newbies have to deal with losses but if it's happening most of the time, you have to be alerted if that's still necessary for you incur a lot of losses instead of making a money from it.
hero member
Activity: 2926
Merit: 640
December 13, 2021, 04:58:02 PM
#90
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
That same knowledge that you have got that took you from the initial $200 investment to over $400 of profit is enough to help you succeed in the cryptocurrency trading market. All you have to do is know that there are lot to be learning everyday. Even those of us that has been around for a quite a long time are always looking for new things to learn in the market.

You have to always be updated on everything that has to do with trading because that’s the only way that you’re going to be successful in the crypto trade market. Things changes everyday, and if you doing your best to keep up, then your just going to lose.
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 13, 2021, 09:47:27 AM
#89
In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
Therefore, we can say that experience is very important in trading. We can just call it the best teacher. Of course, a loss is a part of it, and have nothing to regret committing mistakes as well because from that we are able to learn more and possibly give some insights into what we gonna do next. But to remind that not all have become successful traders, that is also important to assess ourselves if this is really meant for us or not, so we can move on and find a place suitable for us.
The more experience we have it will also be better because by having it we can know what to do in every market condition,
which is clearly not easy to trade in addition to experience two other things we must also have such as knowledge and skills
many say that trading is not easy and requires experience. but I think to be a successful trader is certainly not a short process. And that doesn't mean we can't trade forever as long as we really study hard, of course there will be improvements. I felt this myself when I first traded, I felt frustrated so that we could enjoy trading itself even though we didn't have satisfactory results
full member
Activity: 1568
Merit: 100
COMBONetwork
December 12, 2021, 06:11:40 PM
#88
In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
Therefore, we can say that experience is very important in trading. We can just call it the best teacher. Of course, a loss is a part of it, and have nothing to regret committing mistakes as well because from that we are able to learn more and possibly give some insights into what we gonna do next. But to remind that not all have become successful traders, that is also important to assess ourselves if this is really meant for us or not, so we can move on and find a place suitable for us.
The more experience we have it will also be better because by having it we can know what to do in every market condition,
which is clearly not easy to trade in addition to experience two other things we must also have such as knowledge and skills
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