Quote from: Bit talk on June 22, 2018, 03:32:39 PM

12 essential trading rules, based on our own experience

>>>Before buying any asset always answer to the question: Why do I want to invest in this coin?

>>>The market is cyclical. There is always the correction following the growth and the growth following the correction. The growth never lasts forever!

>>>Always use stop losses. If you cant set it because of take-profit order, enable notifications to stay informed about changes of the rates. If the price fell down to the minimal level you can afford sell it with no hesitating.

>>>Dont be afraid of making mistakes, but avoid making the same mistake twice.

>>>Dont buy on peak. The drastic surge of the rate doesnt mean, that the growth will continue.

>>>Dont allow your emotions to overtake you. Successful trading is always based on cold premeditation, risk management and careful analytics. For the adrenaline you can go to casino.

>>>Search for your own trading strategies. Learn on your gains and mistakes, track your actions with the help of trading journal.

>>> Trade on different exchanges. Dont keep all of your assets in one place!

>>>Be extremely careful with private keys. Pay attention to phishing web-sites and malware.

>>>Never count the profit youve missed. Its better to fix small gains, than to lose everything because of the greed.

>>>Hold minimum 30% of your assets in bitcoin.

>>>Dont trade when you are tired or emotionally down.

I already am using some of these strategies on my trading, but I have got a lot more from you, so thank you and I will surely follow this in order for me to improve more on my tradings.