Post
Topic
Board Trading Discussion
Re: BUY high sell low ?
by
xhienigat
on 18/02/2018, 10:37:00 UTC
or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

In trading sometimes we can not control the emotions to see the rise of coins and we decide to buy, when the price of coins down again we panicked finally sell at a low price, when in fact it makes us lose.
That is happening to some that is why there are people who are dumping even if they lose.
Eventually they'll matured and they will understand that no matter what happen we should stick to the basic rules which is to buy low and sell
high in order to be profitable, when the market can easily be manipulated, that is the time to hold.
I think most of the newbies experience this one and I think its normal to experience a mistake like that this will become a lesson and they will learn that holding and waiting patiently can work out fine and panic will only make loses. Newbies should have at least one friend who is familiar with trading than can guide them to avoid losing money.