Crypto trading takes patient and the best coach

Mar 25 at 06:10
211 Visualizações
2 Replies
Membro Desde Mar 25, 2025   3 postagens
Mar 25 at 06:10

I was a professional trader having started in 2007. Whilst I still trade semi-actively I am no longer trading full time that I once was however I was/am successful .Here are some of the lessons I learnt along the way that may help some novice traders.


1: Be calm . Emotion needs to be balanced otherwise you won’t be able to think straight when the pressure is on. You cannot get mentally affected by price movement.


2: Calculate your risk , and then determine your entry points and your exit points before you take the trade.


3: Don’t dollar average a loser as even if you get away with it several times you will ultimately blow your account all in one day or at least severely damage it.


10: Read as much as you can about bankroll management. It’s just as important as the indicators that you use which is sometimes overlooked.


Good Luck

Membro Desde Apr 26, 2025   1 postagens
Jun 30 at 19:57

👍

Entrar / Cadastrar-se to comment
You must be connected to Myfxbook in order to leave a comment
*Não serão tolerados uso comercial ou spam. O não cumprimento desta regra poderá resultar na exclusão da conta.
Dica: Ao adicionar uma URL de imagem/youtube, você estará automaticamente incorporando-a à sua postagem!
Dica: Digite o símbolo @ para que o nome de um usuário que participe desta discussão seja completado automaticamente.