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kobi

A Mistake or A lesson

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From mistake we get lesson, the problem is sometimes we blame the market. I only have a year experience about trading activity and only get one lesson, never enter market without set SL and TP. Look's simple but I don't know why I keep broke that rules and make me lost 40% from my fund.

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I will tell you a mistake or a lesson is that for an example trading in trading everyone does when the price is high we buy and in pressure we sell in lose this is a wrong way the right way is buy when the is price is less and sell in high 

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Success will become a bloody lesson for you, because every time you fail it can affect your economy, from which you will learn from your own experience, such as loans called tuition.

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It is a lesson. If you think it is a mistake you are just being pessimistic. It is better to be positive about life and learn from errors than to look at it as mistakes. Mistakes are punishments but lessons will help you grow as a trader. The number 1 rule is to not repeat mistakes you made in the past or else it is insanity.

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I think that we receive lessons from our mistakes. Nobody can be perfect in any sphere and we become better only when we have mistakes, so making mistakes is very good 


 

 

 

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Just to revisit this concept of mistakes, it's not a question of whether or not you will make a mistake. Everybody makes mistakes, and you have to allow yourself room for mistakes. If you make mistakes it's for learning, and if you make the same mistakes over and over then you become crazy. So when making a mistake make a trading journal and write the mistakes down so you don't repeat same mistakes. Or post it notes work.

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You are right and wrong every time you have a valuable lesson, which is also a measure of success for those who dare to think and dare to do, from which you will step to new and successful things.

Edited by tranhungritc

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You cannot learn a lesson without done a mistake, and if lesson without mistakes you will not understand the risk and mistakes to avoid in trading


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The problem I have noticed is that in life we have been programmed to avoid failure at all cost,eventhough, our greatest success comes from the lessons learnt from our failures, therefore, I highly recommend that one tries a demo account first, then after learning the ropes of trading one can then move on to the real trading platform.

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Mistakes is what makes you a better person,you will never learn your lesson and be wise enough if you didn't made such mistakes in life.Mistakes makes you more stronger.Stay positive😊

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In trading mistakes are natural it is unavoidable, the only thing you can make it is learned from that mistake and never let it happen again. as they say every mistakes has a lesson.

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The more you do trading,the more experience you gain and if you ever make a mistake,consider it as a lesson and try to learn from it.

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Yes, that’s right. There are no such people who did not make mistakes in trade. Learn from mistakes! From each mistake you will learn a lesson, and in the future already make good money on it. Always be positive and you will succeed!

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On 10/31/2019 at 6:04 PM, kobi said:

Trading is full of decision making which presents us continuously with the opportunity to make mistakes, I don't think there exist any trader who has not made any mistake in one way or the other, but then, mistakes made in trading could be very expensive, they can cost you alot maybe  from few hundred bucks to thousands, in the mist of the mistakes comes a choice, the choice of turning those mistakes into a lesson learned, the former profits you nothing but the later can bring back millionszz... Stay positive...

Some errors can be considered lessons to be learned in upcoming deals. But there are devastating mistakes that can destroy the idea of trading in the first place and prevent us from completing the road.

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Wether losing or earn in trading you are still learning, 

But you tend to learn more if you are losing much to trading.

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In this trade there are risks, but there are also a lot of ways to save your money and for less risky trading such as profit and loss points, division of capital and diversification of investments.

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In crypto world any mistake give you a lesson. all should be aware in this world before doing any action but if any time after doing any mistake need to learn from it.

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3 minutes ago, Sagor said:

In crypto world any mistake give you a lesson. all should be aware in this world before doing any action but if any time after doing any mistake need to learn from it.

You're right, mistakes in any case or mistakes in business are a lesson for us to be better going forward, in trading, profit and loss are common

then we need to keep a journal of trading

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11 hours ago, Kenan mehoub said:

In this trade there are risks, but there are also a lot of ways to save your money and for less risky trading such as profit and loss points, division of capital and diversification of investments.

Yes in crypto trading making profit is is a risky process but to earn some one need to take risk. if any time anyone loss his asset than he must need to take it as experience.

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We all made a mistake in trading all over our experience and with those mistake we learn more of course and fast , but the only mistake is you can do it to repeat your mistake that's not good for you in trading

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For most people losing money in trading is like disaster, they can't accept it and think that is big mistake. So they closing their mind to thinking clearly about that mistake. Maybe judge people who refer them to join in trading. But who have chance become professional in trading, every mistake is the lesson. They will always learn something from any mistake they create.


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All mistakes are lessons, if you learn from it and dont give up. Trading is risky and things can go south anytime. Naturally, we will make mistakes. Some of these cannot be prevented. But those that can can be learned to not repeat again. No one became a master-trader when they were born, but by experiences and mistakes. It is the mistakes that harm us the most, but we will never forget them and thats what makes them powerful lessons.

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On 10/31/2019 at 10:13 PM, leon said:

in trading there is no mistake. here all is lesson. by doing every fault, you could lesson a new Technic. by that you don't do the same mistake and can prosper in trading section

You are exactly right about the fact that there is no mistake in trading it all lesson here because if you make a mistake you will lose your investment thus learning a lesson not to do that mistake again.

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On 1/15/2020 at 8:04 PM, Balegi said:

Wether losing or earn in trading you are still learning, 

But you tend to learn more if you are losing much to trading.

When a trader is losing so much, it means there's lot more to be learned but only few beginners see it that way, instead they start accusing the system, saying everything is manipulated. Well every trader in the market is out to make profit, so it's a survival of the fittest. To be fit, a trader have to come equipped with the right knowledge, skills and trading psychology or they'll never get it right.


 

 

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4 minutes ago, zawal said:

A botch can be a botch and it can not be taken again however it can be repaired so that it wouldn't rehash itself, and In that case you learnt a lesson you could furthermore see up to

But it is much better to learn even without mistakes. If we do research or to learn more about life and on anything around us we may do things right without waiting for mistake to correct us. But its also nice to learn from our mistakes and treat it as a lesson.


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