Quote from: Edraket31 on November 03, 2019, 09:55:35 AM

Quote from: Kevondo on November 02, 2019, 03:24:25 PM

Quote from: tambok on November 01, 2019, 04:52:52 PM

Quote from: teosanru on November 01, 2019, 04:09:28 PM

Quote from: elyorman on October 24, 2019, 02:01:04 AM

Yes there's massive information on trading regardless its crypto or other financial markets and there are some vital facts that you must now before going into it!
1. Yes, it's theoretically possible that you can make huge money in a very short period of time but there's very high chance you would end up loosing all your money so never think of making easy and quick money!

I think this is the most important tip. Every one thinks that trading is like a fairytale the moment you will step in after ready a couple of books you will start winning every trade and you will be able to earn $500 each day for every day of month. This actually is not true. Even after complete study you require persistant practice to sharpen out your trading system and strategy it's because market has different phases and you need to find out at which phase does it works. It's not easy and quick money otherwise the whole world would have been just trading.

Let us also take into consideration our attitude in trading, it is not enough that we do have a lot of learnings and experience if we don't know how to keep calm.patience and discipline, then all those learnings that we have cannot apply properly, so we need to be careful on it.

It is not possible to earn huge profits form trading if a trader lacks patience and self control. Knowledge is the other important factor. Then a digital trader must be owner of bitcoin, as it is the most beneficial and volatile coin. The mindset of a trader has a lot to do with his career. Trading demands a calm mind. Taking the right decision at right time cannot be done with low patience and no discipline.

Having a right attitude is very important, one of those is the eagerness to learn and to earn (but not too greedy) and having a lot of patience that you will need every single moment of your life in trading.

We've seen a lot of experts in trading, but they are still unsatisfied with what they are earning, why? They were too greedy to earn more, they even have lack of sleep and worst, instead of having a profit, they loss everything because of the aggressiveness they have, they can't have much patience and they were too risk taker.

Very excessive in anything wouldn't give us good feedback. I think every people might think about "i will maximized my profit while i can" that is why some people maybe force themself to keep do trading, when they get the ritm of market. I'm not resist, in past i do it too. Keep trading when i see pumped and dumped coin happen a lot in market. Although in the morning i must go to work.