If you want to become a trader who can make stable profits, you need to go through the following stages:
1. Not knowing that trading is a professional and difficult thing.
This is the first stage when you start to engage in trading. Because you heard others say that you can make a lot of money by speculating in cryptocurrencies or saw others making a lot of money by speculating in cryptocurrencies, you came in. Many people entered the cryptocurrency circle because of this. Maybe when you first entered this market, it was a bull market, or you were lucky and found that it was easy to make money by trading. You made a lot of money by going in and out every day. But once the bear market comes, you lose money when you are unlucky, and then you start to try to double it. Sometimes you win back, but more often you find that you lose more. Or someone tells you to hold on to it and invest in value, and finally find that only one-tenth of the principal is left.
2. Begin to realize that making money by trading requires professional knowledge and skills, and you can't do it recklessly.
Because you lost a lot of money before, you reflect and realize that trading is a professional thing and you can't do it recklessly. Then
1. You start to look for a bunch of professional trading books to read, or search everywhere on the Internet for things you think are useful.
2. You start to learn various indicators and techniques, such as waves, entanglement theory, etc.
3. You start to look for various so-called gods in tradingview, Weibo, and WeChat groups, wanting to listen to their market analysis/trading views, hoping to learn from them how to make profits in trading.
4. You start to consider other people's "calling orders", or buy some so-called trading indicators of masters, and finally you find that it doesn't work for you, and you still don't make money.
5. You start to look for some masters, and try to find a profitable way to trade from their courses.
In these processes, you will still lose money many times, blow up your positions many times, and despair many times, but if you don't give up, you will slowly begin to experience the essence of trading, and at a certain moment you suddenly enter the third stage.
