The essence of trading is prediction, decision making, and feedback. Even the top traders make mistakes, and their win rate is only 50-60%. Therefore, it is crucial to establish a positive EV system to survive in countless coin toss games.
Y_KKK
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A Brief Discussion! I am an absolute newbie, having just spent 24 hours in the crypto space. My trading has only involved exchanging fiat for tokens, without any actual trades, and I have been learning and observing; I have noticed a phenomenon in your circle called self-indulgence. I don't know if that's correct? It's clearly gambling, yet people engage in technical analysis and various operations. As a newbie, I feel that no matter how much you discuss, it's all about emotions—the emotions of gambling—indistinguishable from rock-paper-scissors. I don't know if that's right! Analysis is always hindsight; if not, then tell me now which technical indicator can make a certain coin rise or fall? Are you brave enough?
As a newbie, I lack advanced skills; I only have the principle of simplifying complexities, which is to gamble on human nature, betting that the opponent's greed is still present!
Complaints aside, I also want to participate in trading now. I don't know if I can survive. I have a few newbie questions and hope the experts can provide some guidance! Thank you 🙏 These questions seem foolish even to me, but I have to ask!
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