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first of all before I trade I will first look at the coins to see what they have then when I have chosen the coins I will trade I will first go from higher timeframe to lower timeframe so I can see where I will position and also to see first where is the liquidity and so that I know where I am going to enter and where I am going to exit.. and also with risk you must have a risk management and trading plan
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Hello everyone !
10 tips to manage one's emotion while trading crypto
1.) Create a trading plan 2.) Trust your technical analysis 3.) don't be nervous if your pnl is red, you have a stop loss 4.) Manage your risk 5.) Respect your loses not all your trades are wins 6.) don't do revenge trading 7.) Do not trade when the market is too volatile it's hard to analyze like that 8.) Back test your stop loss its help you to improve and next time you won't do it again 9.) Winning everyday is imposible 10.)mostly discipline in trading is the key to success
for me these tips help me but all traders know how to handle their emotions when they trade, discipline and knowledge of the trade is all you need here
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Hello everyone
it is not impossible if you are a trader first of all you must have a trading plan so you can hit your daily target and you must have knowledge when it comes to the trading industry strategy is what is needed, not just guesswork when it comes to this, don't rely on other people's signals, it must be your own, that's when you can see if there is any improvement in trading 1k to 100k challenge is not impossible remember before you enter the trading industry trading DISCIPLINE is needed DISCIPLINE for profit
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No does not effect because it doesn't matter if big screen or small or cellphone
they use top down analysis to see the chart movement In trading knowledge is important and experience
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stop lose is one of the most important for traders, especially when you are in futures trading, before you set your entry, don't forget to put a stop lose, you can liquidate all your money without it, I just advise here always set a stop lose or else your money will burn, put a stop lose on what you are ready to lose
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When investing cryptocurrency is important that you can use only money you can afford to lose or Take a risk if you Win you will be happy if you lose you will be wise
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trading is not for everyone if they don't have knowledge in the trading industry it is important here and you must have discipline in trade so before you enter the trading industry study it first and create your demo account first to practice you can use real money when know how to trade
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SCALPING meaning to say they only trade minutes and the profit is also fast but it is very risky because the movement of the candle sticks is also fast in the lower time frame
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Yes it help alot
when I didn't know bitcoin then I didn't have anything and we were always short of money my life was really hard then one day someone taught me about bitcoin and that's when I started learning bitcoin and according to that I started investing and I started trading with a small capital until it grew
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Let's be careful of scammers, many people are scammed especially on websites to earn a lot of money, so let's all be careful and also don't give important information to people we don't know.
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you should know your limit if you lose accept it don't make gambling your profession gambling is just a pastime and it's not a profession many people are addicted to gambling, most of them have a lot of debt and many others, so if I were you, be responsible when it comes to gambling
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it's up to the person if he wants to get rid of the gambling habit, it's easy for him but if the person loves gambling, it will be difficult for him to quit My answer to this question is that it depends on the person
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To protect their account in to avoid the hacker
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