Day trading or short term trading is not for me at-least and there are much success stories. Even experienced day trader finds it hard to tackle Bitcoin and incur heavy loses. Its always best to invest in Bitcoin for long term since thats the most reliable way to invest in any trading market. Day trading can give you profit occasionally but in the long run you are deemed to lose.

Trading is something where you need to know analysis, money management, analysis risk, maintain loss, Control Your Emotions and so on. Well I believe its good to have your own stretegy rather than following others. But everyone has different mindset, so are for their trading Strategies. Can you share yours, so that other one could learn from you and can do improvement in himself? Thanks

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

As a businessman or salary earners here are tips on how to stay poor in life.

1. Spending your money on unnecessary items immediately the money arrives. Trying to prove a point to people by living a standard that is above your pay grade.

2. Live on one source of income. Everyday of our life our responsibilities and challenges keeps piling up accumulating without consideration to our financial capability. The economy and cost of living continue getting worsen. So in order not to be able to beat this piling settle comfortably on a single source of income flow.

3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money".  Keeping doing this and you going to be successfully poor.

4.Learn how not to mind your own business, making every events around you your concern even when it doesn't affect you. It's a nice way to make cool enemies. Etc.


I trust you all get the sarcasm as conveyed.

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.