Quote from: littlefascist on November 21, 2017, 05:57:28 AM

Yes, buy low sell high is the basic rule to earn profit in trading, you should do it in the right order not buy high and sell low Cheesy

How many times do you hear that? Buy Low Sell High? but what happened? Newbies still didn't understand this old mantra because they are too emotional and complaining that they are not earning and quit trading for good. A good example is the Bitcoin Cash wave, there's a lot of newcomers who thought that Bitcoin Cash will gonna explode that's why they bought it as a high price of $2000, but what happens next is beyond believed to them. Bitcoin Cash plummeted together with their dreams. Now they have no options but to keep their money in the market just to break even. Some may even have gotten out and accept the losses. If they just follow this old mantra that has been guided many successful traders for years, they won't suffer the consequences.