Post
Topic
Board Trading Discussion
Re: What are the useful tips for beginners?
by
BlueStackz
on 28/06/2018, 11:34:02 UTC
Money management is the key!!!!!!!!!!

This is the secret.

You can loose 8 time on 10 and still make money.

Its no magic - its MM!

Technical analysis is good, but you need so much more.
Money management and psychology are keys.

What's psychology ?
If you loose 8 times in a row and change your plan....

Psychology is the ability to stick to your plan.
Because who need a plan that it doesn't follow?! Wink
It is of no doubt that the first attempt in not easy and at all and we face with difficulties during any surrounding. So you will also feel uncomfortable and will be facing difficulties in your first days but it is an advice from my side to keep monitoring and observing the market of your desire so that you may learn how to handle everything after which you can start with no hesitation.
The useful tips for beginner are to search the market thoroughly and get the fundamental information about crypto trading. Scan the situation in a better way so that you know the profit and loss phenomenon well. Read the project authentication and market value of a coin. As much experience and knowledge you gain you will become a good trader.