Post
Topic
Board Trading Discussion
Re: why many traders(including me) not getting success
by
tbossmitche
on 17/02/2019, 18:48:02 UTC
The first thing I will like to address is the thought that trading cryptocurrencies is a get rich quick scheme. That thought could not be more wrong due to the fact that you can loose all before you blink. Apart from looking at trading as a long term activity, you also need to have good starategies and risk management structures in place. By having good strategies, I don't mean you should follow signal channels and pump groups as these have the potential to throw your funds down the drain. My best advice for novice traders is to inculcate the culture of noting down their mistakes while limiting greed and emotions as these two characteristics have no place in the world of trading.