Post
Topic
Board Trading Discussion
Re: Loss in trading
by
JTEN18
on 15/01/2018, 13:28:36 UTC
The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
Yes patience is the very first key in trading.We should not always think of making profit in the shortest time.Monitor first the price movement before jumping into conclusion.It's never an easy thing to trade just because you have lot of coins onhand,learn to weigh things closely,and when you already see the price has gone so far from the day you bought it,then for sure it's the right time to sell.Trading really needs most of your time than any other activity here.
Trading is like a roller coaster you have to go with the flow and don't give up whenever you are feeling that you cannot take it anymore. Price really varies from time to time but that doesn't mean that when it became dump now does not mean that it will be gone, so make a wise decision always.