Post
Topic
Board Trading Discussion
Re: How to take the risk in trading?
by
VitKoyn
on 01/07/2018, 10:57:47 UTC
Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?
Either you go for investment or trading, there will always be a risk so before entering in this kind of profit making you should understand that there is no easy money on this especially with cryptocurrency market which is highly volatile. For a trader to face that risk, the number one thing is you should not trade with your emotion or else there is a huge chance that you will always lose your trades as well as your money. Always have a strategy before making a trade, what I mean is have a target price where you will get out or get in, and you should not always expect that you will always make a profit in short term trades. If you want short term trades then aim for small profit.