Post
Topic
Board Trading Discussion
How to Minimize Loss when trading for beginners
by
Toukexx99
on 05/10/2018, 22:38:05 UTC
Many ways to minimize loss, both when you are trading or when facing a disaster in the form of losses, using protection. Why only minimize?
How to? Here are some tips for avoiding loss in trading.

«» Don't be over-confident
This is one of the factors most often done by beginners in trading. Too confident is very dangerous because sometimes you don't know exactly what is happening in market trading.

«» Use stop loss
There is a dilemma that traders must deal with in trading on cryptocurrency , when their position touches stop-loss prices return to the direction they have predicted. But when stop-loss is eliminated, the market makes a bigger floating. When trading don't ever hesitate to use stop loss, if your instincts say so.

«» Cut-loss
Releasing 1 wrong or false analysis is highly recommended to be able to trade better in the future.

«» Enough rest
Cryptocurrency trading can indeed be done 24 hours from home. You can continue trading. But need to remember; if you are too tired it will cause the concentration to split, and surely your trading will become chaotic. Be aware and wise in this matter.