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Author Topic: Simple practices to improve trading.  (Read 3451 times)

Offline Litzki1990

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Re: Simple practices to improve trading.
« Reply #75 on: May 22, 2024, 03:44:16 PM »
I agree more with those of you who suggest trading directly without having to try first. In fact, if your budget for trading is very small, you can use a small amount of funds first and think of it as a cost of learning to understand the world of trading. whatever the outcome, you will still learn valuable lessons from every decision you make, therefore you will grow and develop when you are ready to develop and grow.
Trading directly using limited funds and it will be an experience that will make one learn how to trade well.
But after all the theory is also necessary even if it is only basic, because without theory trading will not find its point of achievement.

When some theory is applied and trading directly is done then this will provide good knowledge and experience.
I also do that and try to understand theories or techniques of analysis and fundamentals and hone my psychology.
Learning trading is a good thing when investing in the crypto world. I also tried to learn some trading analysis and practice controlling emotions when trading, but experienced several failures because sometimes greed makes us unable to make rational decisions..
Our teacher always told us that you should keep learning every moment of your life and never think that your education is done. I still remember my teacher's words and I still use his words to tell others that there is no end to learning. A person has enough knowledge about trading but if he thinks that he has enough knowledge that he doesn't need more knowledge then he will fall behind others. I have enough idea that I should mature this idea more and so that I can turn this idea into my confidence and apply my skill to do that job. So we have to learn and try to learn in future.

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Re: Simple practices to improve trading.
« Reply #75 on: May 22, 2024, 03:44:16 PM »

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Online milewilda

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Re: Simple practices to improve trading.
« Reply #76 on: May 22, 2024, 05:51:44 PM »
I agree more with those of you who suggest trading directly without having to try first. In fact, if your budget for trading is very small, you can use a small amount of funds first and think of it as a cost of learning to understand the world of trading. whatever the outcome, you will still learn valuable lessons from every decision you make, therefore you will grow and develop when you are ready to develop and grow.
Trading directly using limited funds and it will be an experience that will make one learn how to trade well.
But after all the theory is also necessary even if it is only basic, because without theory trading will not find its point of achievement.

When some theory is applied and trading directly is done then this will provide good knowledge and experience.
I also do that and try to understand theories or techniques of analysis and fundamentals and hone my psychology.
Learning trading is a good thing when investing in the crypto world. I also tried to learn some trading analysis and practice controlling emotions when trading, but experienced several failures because sometimes greed makes us unable to make rational decisions..
Our teacher always told us that you should keep learning every moment of your life and never think that your education is done. I still remember my teacher's words and I still use his words to tell others that there is no end to learning. A person has enough knowledge about trading but if he thinks that he has enough knowledge that he doesn't need more knowledge then he will fall behind others. I have enough idea that I should mature this idea more and so that I can turn this idea into my confidence and apply my skill to do that job. So we have to learn and try to learn in future.
In life then learning is really that a never ending thing then how much more in trading on which market variations would really be that different from time to time. There's no way that it would really be fixed on which it would really be just that normal that you would really be needing up to consider yourself on being versatile and would really be that easy to adapt on things because if you dont then you would really be finding hard to sustain yourself into this space. This is why it would really be that important that you should really know on what you are doing.
You might be good at theories but other learnings could really be only acquired through real experience or dealing up with the market.

Online ajiz138

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Re: Simple practices to improve trading.
« Reply #77 on: May 22, 2024, 06:48:30 PM »
First, they must have knowledge about trading and that concerns everything, apart from that, they must start practicing it because we cannot deny that practicing it is more complicated than just reading books or watching videos, or in other words just theorizing.

We have to study all this seriously, and it will definitely take a long time. If we want to master it in a short time, then that seems impossible, unless we really have very high intelligence.
Yes for trading we have  to study seriously and definatly it will be for long time. Study and practice cam make a person as a good trader. To be a good trader need more and more practice. So we know that many exchanger started demo trading system for practice. I think you told perfect.
Usually more people will eventually give up on the process they are doing, because long periods of time sometimes make us bored and that will encourage us to stop, so a strong mentality is also really needed when we learn.

We usually want to get things very quickly, and that is human nature. This is something we have to fight against, because it usually tends to dominate our minds.

 

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