Post
Topic
Board Trading Discussion
Re: Loss in trading
by
surbanaB
on 26/04/2018, 23:51:28 UTC
I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️

I'm sure that nobody is always win in trading even professionally traders, they're still false in some transactions but they soon realized mistakes and fix it, this is very important in trading because it will help them limitze loss.
In the crypto market, the price fluctuate very wide, you can see many coins go up or down more than 30% in a day, so if you dont give right decisions you can loss most of your capital. My opinion, you would not have  hold for it and wait for the price to bounce back if if you have missed buy a bad coin.