do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
things you can do to become a professional trader.
Ability to Analyze
One of the abilities that must be owned by professional traders is the ability to analyze data quickly and well. Many mathematical and statistical calculations contained in the trading world where represented through the chart which is an indicator and pattern of technical analysis. Consequent traders need to develop their analytical skills so they can know the current trends in the market.
To be a successful trader in this market, I think that besides technical analysis, there are many other factors involved. You need to understand the investment psychology, the trend of market changes to have effective investment direction. I believe that after each failure, the investor will learn the experience for the next investment.
I agree with analyze the trend of the market because we need to know where the market will be going so we can make a decision related to the market. but I realize sometimes we make mistakes and we only get lose for this. and if we can learn from the mistakes, we can avoid making the same mistake in the future. always analyze the market before you decide to buy or sell the coins and maybe you need to think about the amount that you want to use to buy the coins so you can know how much risk that you can get if somehow you are loose.