Post
Topic
Board Trading Discussion
Re: You CANNOT trade successfully without RISK-MANAGEMENT
by
AniviaBtc
on 21/01/2020, 14:37:18 UTC
I found lots of threads here on the reasons for losses or the ways to earn in the long term.

Some of the threads are quite useful, but here I'd like to put special attention to risk management. Many traders, even those who use cool strategies lose. Everyone loses sometimes. This is a rule of the market.


I have been losing a lot lately.
The market is just unpredictable specially with bitcoin. It moves from price to another and it cannot be seen even with technical analysis.
I do hands only and not using any types of bots and many times my emotions gets in the way.

Hundreds of dollars in every trade and I think I may stop for a while just to make a bigger come back later on.
Yeah, this might be helpful.

The person to blame is you, yourself. That is because of your wrong actions, wrong move, and wrong manipulation of your bitcoin. Practice critical thinking and planning for you to execute all your choices perfectly so that you'll avoid losing a certain amount of money. The best way is to learn from your mistakes and never lose hope. Although, having a break for a period of time will help you to reduce your stress and then make a better comeback.