Experience comes from knowledge and experiments. Many people are trading for years but still doing like a newbie. So years do not make us experienced in trading.
and not only from experiments, but also just from the work itself, because there are a lot of different situations from which you need to be able to find a way out
Nov 21 2021 at 01:40
I think a positive mindset is needed to make a consistent profit. Risk and money management must be maintained to make a consistent profit. If it is possible, then it is very easy to make a profit with the plan.
If you are an experienced trader, you can make a decision in any situation. And refrain from emotional trading. Many more facilities are available if the experience is complete trader.
It should be understood that a trader will not become experienced just like that. To do this, you need to work a lot on yourself and, most importantly, want it yourself.
Nov 21 2021 at 16:06
it took me 5 years to really understand trading after lot of paid training
Slow and Steady
Feb 02 2022 at 15:31
It's difficult to master, but you can definitely wear it. I made a mistake, but I learned from it. But I learned in an expensive and difficult way.
Feb 03 2022 at 17:47
You need to be aware that you are not actually investing in stocks or assets, but in the strategies, you have built and tested to succeed.
Oct 03 2022 at 13:11
Everything is possible. This is true. But I would not blame the newbies for something. Everything will come with experience. You just have to wait a little time and constantly train your skills.
Think thrice before opening an order
Nov 09 2022 at 07:15
I think an experienced trader will have some edge due to their in-depth knowledge and advanced trading skills. Just being experienced would mean nothing if you don’t have enough knowledge and trading skills. So, a trader needs to keep on learning for a long time in order to attain this edge that comes with experience.
Dec 09 2022 at 15:33
I think time and experience just helps traders to manage their emotions better. More seasoned traders understand that losses are normal and are able to shake it off and keep going. Beginners get a lot more upset about it and try to regain that money but wind up losing more in the end. It's a hard lesson to learn, but understanding trading psychology can help us to identify when this is happening and to put a stop to it.
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