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Cryptocurrency Trading / Re: Don't get greedy, Just take the already earned profit and leave.
« on: February 02, 2024, 01:40:16 PM »The thing with Demo account is that, no matter how much you try to treat it as your main asset, you can't. It simply does not hold the emotions that you will have with actual assets. That's the reason it is important to use actual money to learn trading. The small amount that you can afford to lose. That should be enough to push your emotions to stay in check. You won't be having the thoughts of making $1000 to $1500 in a day with actual money. Slow, small but in the end, the profits are the only thing that matters.
Agreed. I never want to start with a demo account.
If we want to make money trading, we should start with real money.
Real emotions when experiencing losses or profits are crucial for a trader to know his ability to control emotions amidst market movements that tend to fluctuate.
Because emotional factors have an impact on a trader's success.
Even I don't use a demo account in trading, so it's good if we do a trading activity that we have an idea of here; we can't just be willing to take a risk here.
We must know here so that we know what a trader will do on every exchange platform that we enter to make a profit. And it's also not right to consider trading as gambling to get lucky, whereas trading is not like that. When you really have deep knowledge of trading, you will get a profit for sure.