2025-12-27 18:23:48

The first day I started trading, I lost over a hundred dollars. That feeling is really uncomfortable. Looking back now, I realize how inexperienced I am — I had no trading plan at all, just blindly trading based on market ups and downs, and I had no idea about risk control.

I want to find a mentor to guide me. As a beginner in trading, how should I get started to avoid detours? Should I start with a demo account first? Or is losing some money a necessary part of the learning process?

If you have similar experiences or advice, feel free to share.

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JustHereForMemes

· 3h ago

Haha, I lost much more on my first day than you did. Don't even mention it. Practice on a demo account is really necessary, or you'll suffer heavy losses. This isn't a matter of tuition fees; it's the price of being brainless.

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GasFeeNightmare

· 10h ago

Ha, over a hundred bucks is nothing. On my first day, I lost 2,000 directly, and I still want to smash the screen when I think about it. Demo account? Wake up, that thing is just a game to fool yourself. Only real money can teach you a lasting lesson. But really, stop-loss is the most important. You need to understand this before placing any trades.

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MetaverseVagabond

· 10h ago

Uh... a hundred bucks and you're screaming, do you believe I spent three months' salary outright the first time? Practicing on a demo account is pointless; losing money is the only way to learn, it's that simple.

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StakeTillRetire

· 10h ago

Oh my god, I lost over a hundred bucks on the first day. This is the real "trading experience" haha. To be honest, no matter how much you practice on a demo account, you can't really develop the right mindset. It's only when you lose real money that you understand what risk control really means. I've been through that too. Instead of asking how to take fewer detours, it's better to ask yourself how much you can afford to lose. Set a stop-loss first—that's the baseline.

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MevWhisperer

· 10h ago

Haha, just over a hundred bucks and I kneel. The first time I lost, I lost more than a thousand. That feeling was really intense. --- Practice on a demo account is necessary, but honestly, losing some real money is the only way to really learn. Talking about strategies on paper is useless. --- Bro, this is a classic case of no stop-loss and no plan. Now I always set a risk control line first, or I’ll keep adding to my position until I blow up. --- Instead of looking for big shots, it’s better to understand the basic rules first. You should at least know some technical and fundamental analysis. --- Everyone has to pay tuition fees. The key is not to pay too much at once. Take it slow, no need to rush. --- I suggest starting with small real trades. As long as it’s not all-in with thousands, losing some real money is more effective than anything else. --- You seem to have a good mindset; at least you know you’re inexperienced. Many people lose money and still keep blaming others. --- Buying a tutorial for ten bucks is fine, or just hang out in communities and watch others’ reviews. It’s free and reliable. --- Honestly, a demo account is just a facade. 99% of people who go live will still mess up. Mindset can’t be simulated. --- Risk control is the mother of trading. You must learn it, or no matter how much capital you have, you’ll be done.

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