$XRP Lack of experience - this is a problem faced by all beginners who are taking their first steps in the market. We open the trading terminal - and everything there is new to us. We see the price chart and observe how this price moves. But we may have never seen what a single day of trading looks like on the D1 timeframe. We were taught in introductory courses to look at how quickly the price jumps - and this amuses us and creates excitement. But we never transitioned to larger timeframes because there, at least, it seems uninteresting. Nothing jumps there; it just stands still. Perhaps if we had been taught on larger timeframes, we would understand that the price can sharply move a large number of points. But at those moments, we didn't even suspect it. We made trades with huge volumes for a small number of points and believed that it would always be this way, and that’s how the market behaves. However, when situations occurred where one candle on the chart was the size of the entire monitor screen - it shocked us, and joy turned into despair and hopelessness. Why do I write about this so easily? I have gone through all of this myself.
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