Crypto trading takes patient and the best coach

Mar 25 at 06:10
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2 Replies
Участник с Mar 25, 2025   3 комментариев
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

Участник с Apr 26, 2025   1 комментариев
Jun 30 at 19:57

👍

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