Post
Topic
Board Trading Discussion
Re: should i continue trading ?
by
Caladonian
on 03/07/2019, 08:46:54 UTC
hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

I had been here for more than 1 year, and just recently I decided to practice myself on a day trade activity.
Actually, its been 2 weeks now that I applied day trading and so far so good, for the first week of doing trade I gained 0.045BTC
and then on the 2nd weeks I earned 0.032BTC, which means it shows that my methods in trading was safe and effective so I'm just
continue what I had started.

Really it is a very good move for the people who don't have much knowledge but at the same time, we have to safeguard some money aside because suddenly one day the price of coins will start decreasing and this makes us loose value. Newbie Day traders mostly think about the profits but they won't bother about the down trend.
It's very important to always have additional back up plans, not because your methods is working for now means that it will work each time you trade, there's also some  cases that things won't work according to your directions so in order to lessen the big loses you need to have back up, things that will allow you to limit yourself making continues mistakes instead let you to stop take a break before trading back all over.