Topic: what is your unforgettable experience in trading? - page 6. (Read 884 times)
Im not a professional trader but I know how to make a trade but this is just a small amount not like the other member because each amount I valued well because it's hard to earn profit and money right now due to this pandemic outbreak. Btw get to the topic for me one of the most unforgettable experiences in trading is I won my first trade without knowing anything just predict I always buy but right now I already know every time I move still it's better to make sure you are always conscious in market movement I'm not saying you always go for FOMO but if you want why not.
My worst experience in trading was when I funded my forex live account after undergoing three(3) months training on how to trade the forex market.
Having the right strategy and set up before engaging into the market, all was going fine as planned until when I diverted from what I was been thought and started trading with pride,high lot size & without setting my stop loss 😔 all my effort vanished within an hour...😭😭
Having the right strategy and set up before engaging into the market, all was going fine as planned until when I diverted from what I was been thought and started trading with pride,high lot size & without setting my stop loss 😔 all my effort vanished within an hour...😭😭
We do have an unforgettable experience in trading. As far as I remember my experience was when I'm new in crypto trading, was selling the price of low because of panic selling. Fuds, fomo, was out of hand due to that time I'm just new due to lack of knowledge about trading plans and strategies. So in your experience you did learn from your mistakes and it is a nice input so that the next time session you will know what to apply.
Unforgettable experience = when you lose bunch of money from trades. Trading is really mentally exhausting and I really think that only very few people could bear with that.
Sometimes even with experience you still got emotionally affected by how the market moves therefore bad decision. I lost quite huge amount of money because I was greedy and selling too late. It feels horrible and not gonna forget that experience like maybe ever.
Sometimes even with experience you still got emotionally affected by how the market moves therefore bad decision. I lost quite huge amount of money because I was greedy and selling too late. It feels horrible and not gonna forget that experience like maybe ever.
The saying is very true to me that you will only learn from your own experience and not from the others advice.
No the saying I like about experience is that " a wise man learns from another man's experience. In your own, you already talking like someone that knows that the action that you wanted to take to buy high is a wrong one or that something can go wrong but you went ahead to do that instead of waiting for another time. You wanted to pick a profit by forcing the market. So forcing the market is dangerous. I learnt this and I hope you did too.
I am just a beginner in trading, before it all started I was just reading here and trying to get some hint on how to trade. I also wanted to learn in trading so that even if I was just at home i am also earning, i thought it's easy to do but i'm wrong. I was happy when I increased my token due to trading (buy and sell) and I tried to increase it again and bought the order again, but my token was left in the buy order and the token's value suddenly went up. I panicked and suddenly even though the value was high I still tried to buy, because I thought I might lose if I left my buy order because it was vague to be reached again because it was too high. And the result was only 1/4 of my total token left to me .. I was very sad but I couldn't do anything but to move on, and learn from my experience. The saying is very true to me that you will only learn from your own experience and not from the others advice.
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