I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose, my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk. Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here, are we going to continue in losing trade? I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.
Well, losses and faults can always be associated with the person doing the act. In this case, in the language of trading, the person who follows leads and chooses the coins to trade could be at fault for sure; however, I would also like to add that this market can be considered an exception to that rule. Since this market is so rich in movements that can make or break investments seemingly at a very quick pace, it would be too difficult to sometimes judge how coins will fare even despite an investor have been studied or prepared for their investments. In this market, the only purpose of preparation is to decrease the risk, but one should always keep in mind that it is always there.