The “Silly” Thoughts of A Newbie

The Blockchain 999
The Blockchain 101
Published in
3 min readOct 19, 2018

Newbie is a very interesting stage for a trader. A lot of ups and downs at this stage. This is also the first type of traders still exist in the market. Since almost fall off is at this newbie stage.

Also because of the “innocence” with the pink trading dreams, a few clicks mouse click to have right Vinfast has made the newbie easily have the “silly” as follows.

1. “Too much bad luck, let’s have an all-in game.”

Newbie usually ignore (or deliberately ignore) the truth about the probability of the market. Before entering the trading, they may have heard about such concepts as the ability to win, the ability to lose, statistical probability, … But when the emotions rush in, the reason is lost. Just a few trade wins in succession they have quickly assumed that they have mastered the market, now only the trade is still counted many more shop floor car. And also from this jubilant emotion, they place orders at extreme risk, even their hands to satisfy that emotion. It is not hard to guess ?!

2. “Trading is very complicated, a “headache” one “

Such thoughts come from the opposite cause of the first failure — they lose so much! Lots should learn quickly that trading is complicated. Trading is really hard but it is not complicated. Difficult to make money on the market is to completely different from the complexity of the “subject”. You just need a good strategy, a solid psychology, accompanied by the hand that is sure enough hands

3. “Trading is a scam”

There is no denying that many fraudsters take advantage of this trading area to trade trader. But it can not be so because trading is a fraud. Deciding to pay for a product is all up to you. In other words, if you are deceived, you are greedy. Because forms of fraud in trading almost all use this greed. They will promise something very attractive, glittering and waiting for the net to be prey.

Happy Trading

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