Post
Topic
Board Trading Discussion
Re: My luck is very bad for crypto trading 😞
by
Secionz
on 24/11/2018, 05:14:22 UTC
I have been listening to this since I started with cryptos. People think that the market behave adversely when they trade. But that isn't the case. Sometimes you do enter bad trades. Nobody is perfect. But you should know when to cut loss and make up for the earlier loss with a new trade. It is all about cutting loss by averaging it out through profit. market isn't against you, try to understand it which will need practice and which in turn means some more losses maybe.

Loss in the market can be the result of the lack of information that leads to a decision that might not prove profitable in your interest. It can also be the result of sudden fall in the trading volume of the crypto or by a fall in the market prices.