you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again
Yes it is. Setting target, goals and know your limits. Self control is also significant in trading. The hard time for traders is that, they didn't reach exactly their target which is the reason for them to try another game and trade again until they loss they coins.
I agree. When I see people confessing that they wanted to opt out of the trading market. They usually set a target that would at least help them determine when they should walk away from the trading market without actually losing so much investment. Whether you're on the investment or trading market, or whatever market per se, your aim is always to get a profit, so if you would walk away when you still gained so much losses, it would be difficult to stand back up.