Post
Topic
Board Trading Discussion
Re: 2 Reasons Noobs Fail At Trading
by
TheUltraElite
on 22/02/2019, 13:38:56 UTC
Emotions and Risk Management.
Emotion control is not something I would expect from those who have entered the market to get rich in a day trading some shitcoin. Trust me majority of the rekt crew out there are doing this and getting even more rekt before they know it. Long term holders and sellers who dumped at pumps and rejoicing dumping on these bamboozled idiots.

Risk management is again something that noobs wont know at all. If they did then they would not be wasting time on trading pennycoins but become a professional trader or a financial advisory.

Ofcourse all traders always loss also if they Buy altcoins at bid price but at its continue to dump up again that you had never expect to decrease again and again to it's hard to think either you gonna hold or sell.
Its not always important to cash out a profit. You can set a certain price for selling and then go to sleep if you bullish on that coin. Wink