Quote from: spartanrules on September 11, 2018, 06:07:32 PM

Quote from: oriontab on August 03, 2018, 06:49:24 PM

Here are some interesting facts about trading I stumbled across from CryptoCred which I think may be helpful
Common error to avoid when you day trade, I modified some to reflect my own opinion.

1. Revenge trading, trying to get back a trade that has been lost or chasing a trade.

2. Never using a Stop

3. Not having a plan (Risk/Entry/Exit/Stop)

4. Not sticking to your plan

5. Greed risking too much/not taking profit

6. Being too emotional about a trade.

Plug these equity drains & increase your odds of being profitable.
You could add to the list and make better trades

Also to this list I would add:
1. Not to diversify investments;
2. Do not follow the principles of money management;
3. Open long positions on asset which already has grown up;
4. Buying cryptocurrency according to rumors.

Wait a minute! Are you trying to mislead people into doing the opposite of what they should be doing in the first place? Not diversifying investment means you want to put all your eggs in a basket and who really does that? Not following principles of money management, is like trying to set your own funds on fire and burn them all, and with that, you can be my guest.

Opening long positions on market that has grown up is more like you instigating that FOMO is usually the best thing to do. I do not even need to go further as I just want to assume that at this point, you are just trying to be sarcastic.