MISTAKES YOU SHOULDN'T MAKE AS A TRADER
Here's what I'd tell you and listen well
don't know if you're new to trading or just the broker but if you're new to trading here's my advice for you
Trading is a risky game so making money is all probability but you will be profitable with the fact that it probability if you
1. Are not greedy
2. Don't over leverage
3. Revenge trading
4. Don't over risk
5. Don't trade like it's your only way out of the trenches
what many of you don't know is that trading is not your way out of the trenches.. is the way you treat it that'll determine if it'll be the business to take you out of the trenches because so many of you treat trading as GAMBLING
And the internet even causes more damage to rookie traders by posting how they made $500 with $2 under 1 week
headlines like how turned $1 into $1,000 in just a single day using the xxx strategy or xxx indicator
and so many people fall for it because everyone's trying to make money in the market and many rookies come into this space having the mindset of it's a million dollar money making business with just a little $100 in few days of starting
and once their mindset is fixated on that.. they will always gamble and not trade responsibly and start practicing bad trading habits and the end of the day they call the trading world scam or they say it's saturated already.
Another mistake you shouldn't make is trying to get signals from any source just to have a position open.. this is another mistake newbies make.. they're always on some influencer page trying to get signal going from one telegram group to the other in search of signals
why not try and create your own strategy just by learning the basic things you need as a starter in he crypto world such asCANDLESTICKS , CHART PATTERNS , PRICE ACTION and all others
what you don't understand is that all these people would only be here for a while and once they're gone you'd start looking for another influencer page to follow for signals while you ignore the basic things you could know that would fetch you good money later on if you key into it.. YOU LEARN BEFORE YOU EARN
