Post
Topic
Board Trading Discussion
Re: Mistakes newbie makes in trading resulting to losses
by
Indamuck
on 23/03/2019, 13:53:41 UTC
In simple terms, in my opinion, if we want to succeed in trading, how do we make decisions, whether it's the decision to choose coins and also the decision to buy and sell, we can get them if we can control ourselves or not be easily panicked
Panic is an emotional problem that is difficult to control. Beginner traders have a great opportunity to panic and get caught up in trading emotions. yes..this can be trained by continually trying to trade and be patient. this is the hardest part for traders

This is why many people just recommend to hold and not look at prices everyday.  Every investment will go up and down and bitcoin is the extreme version of that.  Most people can't handle their emotions when dealing with these types of crazy price movements.