Post
Topic
Board Trading Discussion
Re: A good advice for every traders.
by
Blackdeath
on 02/01/2020, 16:44:14 UTC

believe in yourself and believe that everything you have done is a very appropriate decision. that is what must be embedded in sellers so that they are not always in fear. There is a saying, don't be afraid of failure, because failure is a step towards success. I strongly agree with the advice you say to record the reasons when opening a trade, maybe this will be a very valuable lesson for me, and can motivate me to be more careful in trading so that I can get the results as expected at the beginning of opening a trade.
Try and try until you suceed, there is no room for fear, you need to try all those things that might be helpful in your trading, loses in trading is normal, but a very huge one is bad. We need  a lot of patience so that we could wait till our sell order hits, long term holding is very crucial and we can be emotional when waiting for our coin to pump.

there are times when we really need to have a strong belief in ourselves in trading, because sometimes the advice and input obtained from others may not always be able to minimize losses. however, we must be able to bear all the risks we will face in the trade that we do.
Yeah, every trader should have a strong belief in his abilities and it’s not good for them to walk on the wrong path just because other people are guiding them so traders should keep their eyes open while choosing projects. It’s traders own responsibility to know the right time for buying and for trading but don’t listen to other people for trading.
Listening to other people's advice sometimes give you good and bad decisions, so just get those some good ideas and don't use them all. You can't live all alone, so we still need others help but not all situations you can rely on them. We can do all trading with our own, and if you find it difficult just prefer to choose long term trading instead of quick trading.
If you have difficulties in managing your portfolio and watching the charts it will be better if you choose long term trading instead of daily trading because daily trading is riskier and it is a lot of work actually, especially if you can't control your emotions because you might end up having more losses than earning.