Everyone who enters the world of trading will face losses for several years, it is not just an easy way to make money, it is a profession that requires high skills and extreme discipline,
You are here in an arena where very smart people compete, and it is essentially a zero-sum game, where you try to extract money from others who are more experienced, while they try to do the same to you.
At the beginning, you will find yourself on the losing side, because you are facing professionals who know how to control the market and exploit beginners’ mistakes. But if you have enough discipline, are careful and not greedy, and use stop-loss and profit targets intelligently, you will have a chance to succeed.
Everyone on this platform should read this and understand that trading is not gambling, but a profession that requires learning, patience and constant commitment.
If you are not a person who is forced to, do not enter the market every day or open positions every day. The risk is high, and you may often lose due to repeated daily entries.
The market requires patience and a clear direction to enter without adventures, and may you stay safe
I want to explain something simple but important .. We will take an example of cryptocurrency $CFX
We have a field called volume, what does it mean? It means the total value that has been traded over the course of a full day, whether it be selling or buying.
🪙 If you find the volume high and you find that the price of the cryptocurrency is also rising, even if by a small percentage, then this means that liquidity has entered the cryptocurrency and more buying has occurred than selling.
🪙 If you find the volume high but the price of the cryptocurrency is declining, this means liquidity is being withdrawn and there are many selling operations.
So from the image, we have a high volume of 6.93% and the value of the cryptocurrency is low by 1.83%, so this is one of several signs of many selling operations and temporary liquidity withdrawal.