Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: yousufatik20 on September 29, 2018, 06:53:03 PM
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
If you do not have experience in trading, and want to start earning now doing "day-trading" I will disappoint you. You are more likely to lose most than earn! Start first to learn everything, where and how is called, where is, register on the exchange, set yourself a platform where there is a demo account, and try to trade there yet. While this is the best option for you!
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You should learn more from many sources firstly. Then, you can start trading and choose what trading type you like. Remember: don't start trading with not enough knowledge. And your fear will disappear when you know well cryptocurrency.
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If you have knowledge, if you follow a trading strategy, follow the risk management and money management-then you have nothing to fear, even if you lose some of the funds. It is important that you understand that you need to trade on the money that you are not afraid to lose.
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it defend on yourself, but i think more practice will make you confidence for trading, try with small amount of trading first but repeat it, if you have the confidence and feeling comfort doing trading, combine with knowledge of trading with read all about trading on internet, im sure you will overcome your fear.
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I really understand that fear of starting trading here is sometimes very difficult to control. But, I hope you can do what I have done. And this really works for me. You just have to focus on seeing positive news to avoid panic. Never read posts that will make you worry. And don't see the market cap too often because this will affect your emotions.
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I overcame my fear and started trading by trying to control my emotions and looking for lots of information about trading so that I would be ready to face all the risks
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You are scared to do trading because you think you still lack the knowledge. Learn the basics of trading first, you can watch youtube videos. When you start trading, make sure that you are going to trade only the amount that you are willing to lose.
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I gathered information to share knowledge with my fellow hunters here.And this is what I read.
Here are five things to do before you start trading stocks.
1.Acquaint Yourself With the Stock Market.
2.Establish Your Purpose For Trading.
3.Consider Your Finances.
4.Find a Broker and Trading Platform.
5.Practice Before Depositing Money.
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Trading is not easy money, reading your post you seem to think that you will make a living instantly. This will not happen. Get your head down and start learning, there are plenty of resources both here on the forum and elsewhere. Forget about day trading to start with, you need to learn the basics first. As someone already mentioned, there are platforms where you can do demo trading without risking any capital. Don't try and run before you can walk, otherwise you will end up crying very quickly. Good luck.
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Good thread. I read some good advice from previous comments. I think I can apply them too. Thank you
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Trading is not easy money, reading your post you seem to think that you will make a living instantly. This will not happen. Get your head down and start learning, there are plenty of resources both here on the forum and elsewhere. Forget about day trading to start with, you need to learn the basics first. As someone already mentioned, there are platforms where you can do demo trading without risking any capital. Don't try and run before you can walk, otherwise you will end up crying very quickly. Good luck.
I completely agree with you. Before you earn something-you need to give something in return. You should give your time and devote yourself to the study of this topic, then start to apply the knowledge in practice.Without practical application of the knowledge-you will learn nothing.