Do you read Whitepapers carefully??

[Crypto Library]

Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.

Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.

Well said.
Actually, I also think that this three factors risk management, money management and the emotional management are the big factor of trading even then we are always saying about the technical analysis and the fundamental analysis but this three factors are also same as them.
And that is why it is often seen that despite knowing technical analysis very well, professional traders like them also face losses due to lack of risk management or emotional management.

[enwi]

Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.

Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.

Well said.
Actually, I also think that this three factors risk management, money management and the emotional management are the big factor of trading even then we are always saying about the technical analysis and the fundamental analysis but this three factors are also same as them.
And that is why it is often seen that despite knowing technical analysis very well, professional traders like them also face losses due to lack of risk management or emotional management.

That is why in trading, handling of risk, money, and emotions is as important as is technical and fundamental analysis. Nevertheless the application of strong analytical skills, achieving the best balance in these three factors, failure to execute such expectations may be challenging. These things can still catch even the most experienced trader on the wrong foot and lead to some serious losses. In this management, discipline can be maintained to arrive at more stable decisions compared to being influenced by market forces, thus, few mistakes can be made.

[$crypto$]

Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.

Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.

Well said.
Actually, I also think that this three factors risk management, money management and the emotional management are the big factor of trading even then we are always saying about the technical analysis and the fundamental analysis but this three factors are also same as them.
And that is why it is often seen that despite knowing technical analysis very well, professional traders like them also face losses due to lack of risk management or emotional management.

We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.

For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.

[Crypto Library]

We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.

For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.

That's what I also saying in my previous post, I have this experience in my life and as well as I also so lots of trader I mean the professional trader who made mistakes and faced huge losses because of efficiency of these three factors.
So, as far as I see, these three factors are as important as analysis skill. If we look a little, most of the people who have lost money in trading have one or more of these three factors in their efficiency, and that is why they have lost money.

[kulkhan]

Nah, I don't really read that long boring things developers are writing on their projects but instead get the most important use case on it  as we all know that most projects has to highlight what is unique on their project compared to others and that is what I did on it.

Many many thanks for your truthful speaking. But it also true that not only you many people avoid this important issue. Whitepapers is most important part of any project. We need to read Whitepapers carefully. Otherwise we will be losser from thats project. All information we can know from Whitepapers.

When that's project will start and roadmap, and other important information we can see there. I also avoid Whitepapers sometimes. But which project i joined and i invest thats projects Whitepaper i try to read.

[$crypto$]

We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.

For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.

That's what I also saying in my previous post, I have this experience in my life and as well as I also so lots of trader I mean the professional trader who made mistakes and faced huge losses because of efficiency of these three factors.
So, as far as I see, these three factors are as important as analysis skill. If we look a little, most of the people who have lost money in trading have one or more of these three factors in their efficiency, and that is why they have lost money.

Yes we agree on this and I think everyone agrees on this. Well this can also be very useful if there are beginners in this forum, because they can learn from what we say or what we experience.

Not to be patronizing, but sharing experiences like this is very valuable for all of us, both for those who already have experience or those who are new to the trading space.

[nakmantu99]

We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.

For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.

That's what I also saying in my previous post, I have this experience in my life and as well as I also so lots of trader I mean the professional trader who made mistakes and faced huge losses because of efficiency of these three factors.
So, as far as I see, these three factors are as important as analysis skill. If we look a little, most of the people who have lost money in trading have one or more of these three factors in their efficiency, and that is why they have lost money.

Yes we agree on this and I think everyone agrees on this. Well this can also be very useful if there are beginners in this forum, because they can learn from what we say or what we experience.

Not to be patronizing, but sharing experiences like this is very valuable for all of us, both for those who already have experience or those who are new to the trading space.

I agree with you to share experiences in the crypto world especially trading, because I focus on trading. It is indeed difficult to become a professional trader because we must have good skills and proper analysis. Mistakes will always be there and as professional traders we must learn from mistakes to improve the analysis and strategies we use.

[$crypto$]

Yes we agree on this and I think everyone agrees on this. Well this can also be very useful if there are beginners in this forum, because they can learn from what we say or what we experience.

Not to be patronizing, but sharing experiences like this is very valuable for all of us, both for those who already have experience or those who are new to the trading space.

I agree with you to share experiences in the crypto world especially trading, because I focus on trading. It is indeed difficult to become a professional trader because we must have good skills and proper analysis. Mistakes will always be there and as professional traders we must learn from mistakes to improve the analysis and strategies we use.

Indeed, whether we like it or not, we must continue to learn, no matter how famous someone's status is as a professional trader, but if they do not always update their knowledge, then their abilities will decline.

Actually, this does not only apply to trading, but to everything in our lives, where we must always find out, whether it is something that we did not know before, or something that we already know so that we have a deeper understanding.

[doc]

Indeed, whether we like it or not, we must continue to learn, no matter how famous someone's status is as a professional trader, but if they do not always update their knowledge, then their abilities will decline.

Actually, this does not only apply to trading, but to everything in our lives, where we must always find out, whether it is something that we did not know before, or something that we already know so that we have a deeper understanding.

We always learn and affect our knowledge so as not to be left behind. Because in the world of Crypto there is always something new that we must learn. And we must understand the matter especially in doing trade we must also learn and always update new news to improve our analysis and strategy in trading.