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❓ASK How you started trading and what were your first results in tradung

H

Horia_10

Guest
I did trading back in 2015 back when I had $200 and I did picked up some wrong trades and though I followed a mentor but his trades in last felt wrong and made all of followers a 30-40% loss in a month

Most of us were from middle class families and we had to stop trading since we couldn't kept that going despite our tries and that was our experience and mine as well

How you tried and your first experience ?
 
to be able to trade on the market ,as a trader the person needs to learn vey well about market situation , he or she should know that crypto currency is very unpredictable , it comes with risk ,if the person can't manage the risk ,then he or she should not invest ,so the loss won't be much for him

Understanding the market is the key when it com,es to making money. this is something that I never took seriously when I was starting to learn how to trade. In the end, I made loss. An effective trading strategy involves proper risk assessment and analysis of the commodity market along with knowledge of utilisation of necessary tools.
 
Understanding the market is the key when it com,es to making money. this is something that I never took seriously when I was starting to learn how to trade. In the end, I made loss. An effective trading strategy involves proper risk assessment and analysis of the commodity market along with knowledge of utilisation of necessary tools.
it's good to understand the market , I think it would give you the opportunity to be able to learn how to make proper decision on how to trade and others , when you understand the market , you would know when to make stop loss , buy more and others , understanding the market situation is good
 
it's good to understand the market , I think it would give you the opportunity to be able to learn how to make proper decision on how to trade and others , when you understand the market , you would know when to make stop loss , buy more and others , understanding the market situation is good

Well, i have noticed that I have always made money in the volatile commodity market when the market conditions are in a perfect state. I always trust my inner feelings and also use technical knowledge as well and this is one of the main aspects of trading. It has been a really long time and I have not traded in the cryptocurrency market due to long bearish season.
 
Actually, when I started my first trading on forex, when using my demo account was like putting you money into a river and expecting to see it back. Though it was not easy and thanks to my friends who put me through on how to trade well and make a good trading strategies ahead of time to make me not to lose much will trading.
 
Well, i have noticed that I have always made money in the volatile commodity market when the market conditions are in a perfect state. I always trust my inner feelings and also use technical knowledge as well and this is one of the main aspects of trading. It has been a really long time and I have not traded in the cryptocurrency market due to long bearish season.
to be real honest the latest bearish run is a set back , I guess many have their analysis ,but the bearish season have really made them to lose a lot of money , so some traders are just holding on and many aren't trying to rush things for now , they want to only see how things would turn out
 
I started trading with stormgain BTC airdrop. I had a demo account with them and my trades we're successful. I used my $10 BTC Airdrop to trade since it was a requirement. I almost got the money to $50 before I lost all. Trading has not been easy then with many ups and downs.
 
My first trading was with luno, I invested some small amount of money on few coins and within few days those coins appreciate and increase.
The profit I saw them motivate me the more to invest more cause the more your investment the more the profit or gain.
My first trading was a good experience for me as I made a gain.
 
I started trading on a whim. However, I used to trade using high leverage and usually target for 50% to 500% return. And this is why I lost the whole account hundreds of times in DEMO and lost whole accounts three times in real. And after 1 year, I realize that those are unrealistic moves. If you want to gain profit and stay alive, then target 1-2% and learn to accept the loss.
 
most times the regret is always too much if mentor gives you the wrong direction from his mistakes and the person places wrong trades ,it's the reason I usually advice traders to look for a better mebtor before placing trades,so their finds are not wiped away on the other end
You will regret if you pay someone some amount of money to teach you forex trading and you also deposit some amount of money in your account and at the end of the day you will make a loss.

You will be greatly discouraged and only a few people will be able to continue because you have already spent a lot of money.

That is why it is always important and necessary that people start with a demo account until they master the forex market well.
 
You will regret if you pay someone some amount of money to teach you forex trading and you also deposit some amount of money in your account and at the end of the day you will make a loss.

You will be greatly discouraged and only a few people will be able to continue because you have already spent a lot of money.

That is why it is always important and necessary that people start with a demo account until they master the forex market well.
Some people although do start with demo trading , the reason they said it's important is because demo trading is not the real trading as it involves no emotions , the trader could be good in demo account trading and be very bad or worse when it comes to the real trading that's something about trading
 
My first trading came from a reseach done by me. I lost 100$ which i want to give up. But i never thought of giving up in life and also always have the vhim to take failure as success and procceed. This encourage me to get a mentor to take me through the trading system and i did again which is in boosting now.
 
My first trading came from a reseach done by me. I lost 100$ which i want to give up. But i never thought of giving up in life and also always have the vhim to take failure as success and procceed. This encourage me to get a mentor to take me through the trading system and i did again which is in boosting now.
I think you should not just give up but keep on pushing , what you should always note is the way you are trading , you should learn how to take risks properly so you don't lose more money off your trades , when you learn from mentor they would help you of teach you how to trade properly
 
My first contact with forex was in 2019 to 2020 where I was looking for some way to make money with the internet that the business only depended on my skill, I started to study some basic concepts on how to trade and then I already put a value to trade not me I remember how much, but I remember that I did well in the first days, soon after I started to be very greedy in the market and I lost all my capital. Nowadays I don't trade anymore, maybe one day I'll come back but only with robots because I don't have the head to trade.
 
to be real honest the latest bearish run is a set back , I guess many have their analysis ,but the bearish season have really made them to lose a lot of money , so some traders are just holding on and many aren't trying to rush things for now , they want to only see how things would turn out

Currently both the Forex market and the cryptocurrency market is having a really harder time recovering from the last bearish period. Some expect that this bearish season shall prevail for much longer time as the Federal Reserve has nothing good to offer to many cryptocurrency investors. They have indicated that they shall increase the rates once again by next month! This could have a major impact on the market!

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Currently both the Forex market and the cryptocurrency market is having a really harder time recovering from the last bearish period. Some expect that this bearish season shall prevail for much longer time as the Federal Reserve has nothing good to offer to many cryptocurrency investors. They have indicated that they shall increase the rates once again by next month! This could have a major impact on the market!

View attachment 213919
Exactly both the cryptocurrency and forex market are finding it so hard and difficult to comeback again , the market have been really down and I think it would be so difficult for a bounce back to happen within a short while , hopes things gets better along the line
 
Exactly both the cryptocurrency and forex market are finding it so hard and difficult to comeback again , the market have been really down and I think it would be so difficult for a bounce back to happen within a short while , hopes things gets better along the line

The month of November is expected to be tougher. Some countries may experience waves of inflation in a really bad manner as compared to other countries. I anticipate that the Forex market in my country might also go down as the government intends to target dollar and the prices of commodities will increase and profiteers will take advantage of such kind of situation.
 
The month of November is expected to be tougher. Some countries may experience waves of inflation in a really bad manner as compared to other countries. I anticipate that the Forex market in my country might also go down as the government intends to target dollar and the prices of commodities will increase and profiteers will take advantage of such kind of situation.
Yeah that month would be tougher ,it's the month that would probably determine how some commodities or currency would take a look , some currencies actually have up to 30 percent lose in value against dollar just this month October ,just imagine how November would be
 
Yeah that month would be tougher ,it's the month that would probably determine how some commodities or currency would take a look , some currencies actually have up to 30 percent lose in value against dollar just this month October ,just imagine how November would be

Many people anticipate that things may go hard as cryptocurrency market is expected to crash more by next few months and there are many people who have already been warned by the experts as the Federal Reserve is making things quite harder for many people who trade in cryptocurrencies. @Potuse @Omotunde
 
Many people anticipate that things may go hard as cryptocurrency market is expected to crash more by next few months and there are many people who have already been warned by the experts as the Federal Reserve is making things quite harder for many people who trade in cryptocurrencies. @Potuse @Omotunde
Although it seems there was a pump today and yesterday ,like Bitcoin moved to $20700 again after some few struggling days , although I believe it's 50/50 now , it might as well increase and fall hard again ,as a trader I believe we should not always be in a hurry ,but we should observe the market well before we invest any money in it
 
most times the regret is always too much if mentor gives you the wrong direction from his mistakes and the person places wrong trades ,it's the reason I usually advice traders to look for a better mebtor before placing trades,so their finds are not wiped away on the other end
I have learnt that even if yuh you have a mentor whose trades are a hit, your own conviction before you take the trade is more important.

If you are convinced that a trade will be good, you will be willing to hold it for longer, risk more money and probably make more profits, and also feel less stressed if you lose the trade.
 

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