Quote from: crisanto01 on January 14, 2020, 08:15:45 AM

Quote from: quality.crypto on January 14, 2020, 07:11:30 AM

Quote from: Samwise_Coingee on January 13, 2020, 06:10:17 PM

As I see, the majority of traders loose because of poor risk management. IF you cannot manage risks you cannot earn in long-term, that's it. My personal recommendation is either to learn risk management. or use the software that will do risk management for you. Personally I use Bitinsure service to monitor all the risks and stats at several accounts.

Money Management is the major thing in trading because sometimes we cannot manage to reach your expectation and it makes us lose money. While we are placing any orders we have to reduce the risk management because every time it is impossible to make profits. It is not a wise decision to use third-party software.

Being aggressive in trading won't help you having much money, instead be very careful with what you are doing and learn to manage your time and fund wisely.

Wise traders earn more money than those who are aggressive in trading, you should have a good attitude in trading and being too greedy won't really help you.

Greediness or being aggressive in trading will indeed get you nothing. It is not a good trait for an aspiring trader because it will make you create not practical and wise decision. Learn to master your emotion first and try to build a simple process for you before you buy or start trading. Losing money is normal but losing money consistently is a problem.