shard_2013Full Member
Posts: 634 · Reputation: 287
#1Sep 2, 2023, 09:41 PM
This is mainly for newbies, older traders know this stuff already.
Trading goes beyond technical analysis
20 replies 394 views
pix3l_h4shNewbie
Posts: 147 · Reputation: 22
#2Sep 5, 2023, 02:42 AM
Opening trades with no backup funds is just plain dumb. Too many think they can gamble but end up liquidated because of their greed.
Honestly, when you start winning, that's when you gotta be extra careful. Overconfidence can ruin everything.
Winning early trades doesn't mean you’ll keep winning. Market's unpredictable, so always trade carefully.
I don't really do futures or margin trading, too risky for my taste. Trading feels like betting, and I just avoid it.
Exactly, just because RSI says oversold doesn’t mean it can’t drop more. honestly, it’s all a guess.
gas_oracleMember
Posts: 76 · Reputation: 194
#7Sep 6, 2023, 03:00 PM
You nailed it. Newbies often trade more than they can afford to lose. You gotta maximize every step wisely.
These seem basic but not everyone gets it. Trading isn’t as straightforward as people think.
Unpredictable movements are part of trading. Proper risk management is a must, no matter how confident you feel.
Totally agree. Stop loss is key, especially near support or resistance levels. Keeps losses minimal.
SilentFalconNewbie
Posts: 12 · Reputation: 18
#11Sep 8, 2023, 12:53 PM
Risk management is key. Some traders ignore it, thinking they have great analysis, but they fail.
No such thing as perfect technical analysis. Just because indicators say buy doesn’t mean it’ll work.
bridge_2009Newbie
Posts: 75 · Reputation: 33
#13Sep 8, 2023, 04:33 PM
New traders believe indicators define trading, but the market doesn’t care about your signals.
The market isn't your buddy. Risk only what you can afford to lose and be prepared for losses.
Trading should be treated like a business, not gambling. Some people dive in for quick cash and get burned.
If we can just stop beginners from diving in too fast, it would save a lot of losses.
Taking risks can be high, but so are the potential rewards. Some gamblers do it smart.
You think you can't do TA? Maybe you gave up too soon. It takes practice, like betting.
k1ng_blockNewbie
Posts: 131 · Reputation: 6
#19Sep 15, 2023, 12:35 AM
You got liquidated because there are actual traders with skills that outplay us. It’s tough out there.
It’s never too late to learn. Trading takes guts. Not everyone can handle the pressure.