Post
Topic
Board Trading Discussion
Re: So traders, how much You lose?
by
matchi2011
on 14/01/2020, 11:27:28 UTC
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.

Money management and emotional control are needed to make your stay profitable from this market. It's hard to achieved but you need
to work well as traders always taking the risk with good understanding with their money to invest.