Post
Topic
Board Trading Discussion
Re: How can one trade without losing??
by
Chachacoin17
on 29/04/2018, 16:54:17 UTC
I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer,  inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing.
What's really the cause? And how can I trade without losing much?
I think you have missed some skills in the field of commerce. Because successful investors do not just stare at charts, they look at the value of the company / coin to make an investment.
I think you should read more books to improve it, or you can learn the teachers in the field of business, they will show you the basic things to succeed in this field.
There are a lot of factors to consider, looking at the chart would only be helpful if we have  stable market, the thing is we are in the opposite.
Since the market is volatile, the price is more unpredictable and as for me, my basis is the news and the speculation around.
One should be aware that in trading, everything is not always on top. Be open-minded that risks may come at anytime along trading journey. In trading, it is vital if you pick a strategy and stick with It. We can have different methods to pick in fulfilling trading goals. A lot of ways to be successful and no strategies are better than the other. If you find your best strategy, stick with it. Challenge yourself to gain more knowledge, familiarize types and strategies, seek help from influencers. Focus on the future, make an informed decision on future potential. It may be hard to play the volatile game of cryptocurrency, but at least having an idea can help reduce the risks.