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jeriko

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Trading Information

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  • Favorite Markets
    crypto, stocks, futures
  1. Hello, I want to share my personal experience in trading since I started last year with a very little knowledge, I trade mainly on crypto trading platforms as I am very interested in the philosophy behind btc and open source blockchain. With time I got interested to try to trade and started to try to, I bought, waited a little bit sold for little gain, bought again BUT i didn't know about simple instruments and advanced order types. So basically my first trades were at a loss. After I gained a little bit more knowledge I learned about leverage when I started trading on Bitmex and later on Primexbt, boy it was more exiting but this was the time when emotions during trading took over me and made a loss, got liquidated few times because I didn't know how to properly use my stop loss or completely forgot about it. Lately I am much better but this comes after making mistakes for almost one year. Have in mind that i didn't had much time to focus on this because I was working other job all day. So in conclusion my first trades in the first few months were utterly failures. I can say that this happens because of lack of education or prior experience, but at the moment I am happy as thanks to this I learned about market cycles/trends, leverage trading, stop-loss, advance order types like OCO etc..., learned what correlates and what does not. Learned about rising and falling wedges etc... All comes down to one thing: education and experience. But yes first comes loses and knowledge, later some profits
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