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Author Topic: A must know before trading  (Read 3314 times)

Offline gunhell16

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Re: A must know before trading
« Reply #90 on: May 13, 2025, 09:38:15 AM »
Trading is not something passion at all.
Trading can be someone's passion. I guess that's just your own honest opinion. We all know that there's losses in trading which of cause anyone who wishes to go into trading should be well prepared for. But there are people who have conquered this and are making a life out of it. If you don't have passion to trade then there won't be any file to drive you further. I can speak for experience that my first few years of trading was quite annoying and frustrating, but I didn't just give up. I stayed back and kept trying to see what was wrong. Though I might not have attained that 1% yet but I'm proud of what I can do today in the market. That's something I have passion for.

That's correct, having passion is really the bottom line that you should have when you enter crypto trading or any business that we think can generate income for us.

Because even if you have interest but you don't have passion, there are high chances that the interest we have is short-lived or temporary and it will disappear for sure in the end. Because it seems that determination and interest are already included in passion in my opinion and opinion.
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Re: A must know before trading
« Reply #90 on: May 13, 2025, 09:38:15 AM »

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Offline MRY

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Re: A must know before trading
« Reply #91 on: May 13, 2025, 03:41:12 PM »
We need to know a lot of things to move forward in trading that will help us move forward on the path of success. When a person starts a new business, he does not find his success, in which he has to go through many risks and problems and overcome mistakes. Similarly, if we want to find success in trading, then we must learn to analyze various things here. We need to understand the market situation and along with this, we need to gain the right amount of knowledge so that it is easy for us to analyze the market and we can guess where this currency can stand in the future. The main things that we need to know for our trading are the basics of trading, analyzing the market, guessing on a currency or etc. If someone understands these correctly, then he can move his life towards success. Yes, although we have to spend a long time here, we have to try a lot to see how we can move forward here.
The fact that I like about your thinking is the realisation that trading is not a way of getting rich quickly, but the process proper. Most people miss this part and end up being in a situation of trial and error without a direction. You are on a more grown-up path when you start thinking how to analyse but not just wait when the chart is going to go up. In my opinion if you would regularly write down what you learn during the day and also the raking mistakes then in the future you will easily be able to see the patterns that used to be somewhat unclear. It is not about how to become a specialist overnight but rather it is about courage of asking more questions and exploring.
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Re: A must know before trading
« Reply #91 on: May 13, 2025, 03:41:12 PM »

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Offline albon

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Re: A must know before trading
« Reply #92 on: May 13, 2025, 08:06:06 PM »
Trading success doesn't come quickly so it requires a lot of research and practice and keeping an eye on all the crypto sites within your research and practice is key. This is usually challenging for beginners and often a detrimental way to trade for new investors. Beginners should research crypto thoroughly and improve their skills with information from numerous sites like cmc. Trading requires intense focus, quick decision making, and the ability to stay calm under pressure which beginners simply don't have. The only way to improve these chances is to learn the ins and outs of technical strategies and other important parts of the market.

 

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