Post
Topic
Board Altcoin Discussion
Re: Newbie trader be like
by
tsaroz
on 10/11/2019, 07:14:02 UTC
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.

Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading  is plans is very important. At the same time patience.

Patience is the main virtue a new trader lacks. They seem to make many quick trades in and out that just wastes the trading fees without making any profit. Plan your actions and go with the plan. Market trend may change your plan but don't hurry to sell on loss when the market is having a fall.
We've seen a quick rise after each fall and it's a good idea to buy after 24 hours of a decreasing market.