What pitfalls do newcomers face on the trading path?
1. No learning, 0 experience, diving in directly, lacking understanding in all aspects such as technology, position sizing, risk control, and mindset, the account's survival period will not exceed 3 months.
2. There are no friends around with rich trading experience, feeling lost with no one to ask, only able to search desperately online, watching various videos that seem good, but just can't do well, planting the seed for the 4th pitfall...
3. Choosing the wrong books: You have no experience and don’t even know which book to read, buying a pile of books, 10 or 20, most books do not teach you trading skills, and the books that actually teach trading skills turn out to be incomprehensible.
4. Learning from the wrong courses: Getting marketed by various trading training communities online, paying 5-6-7-8 thousand, but this community is actually filled with losers, those teachers say they know all the techniques, but they have lost a lot of money in trading, and they won’t tell you that; they can only rely on selling courses to mislead newcomers.
5. Opening the wrong account: Many participating in forex, crypto, and other assets encounter many unscrupulous traders; if you earn too much, they will block your withdrawals or suddenly go bankrupt and run away, after working hard to finally make money, only to find it was all in vain.
6. These pitfalls are something many newcomers must go through in the first 2 years, and there are so many pitfalls outside of trading itself. If you are just entering the industry or planning to try, I hope this content can help you avoid pitfalls. #CPI数据来袭 #币安Alpha上新 #BTC #ETHETFS