Post
Topic
Board Beginners & Help
Re: Virtues needed as newbies
by
KocaEfe
on 05/10/2018, 23:21:26 UTC
Short but having those will give you a better way of deciding while the market isn't so good.

Someone who isn't patient enough to wait for the market to rise and is mostly caught by the dips will do the wrong decision of his life. Selling at loss or will do cut loss most of the time. You need to set your own goal and don't be too skeptic about the market is what takes you for you to survive.
The market is unpredictable, and none of us can know exactly the price movement. We can only guess with an accuracy of 95% that the price will go up or down. It's all hard to explain in a few sentences.
In trading, cryptocurrencies, options, Forex, you should always act on your system and not break the rules. It is important to always remember about the fundamental analysis and trading time. For example 3 times a day, for 30 minutes. This is very disciplined for traders and they do not drain their deposits. I write this from my own experience.