Post
Topic
Board Trading Discussion
Re: Trading Options is a bit overwhelming for me. Any Suggestions to make it easier?
by
TheUltraElite
on 02/02/2020, 09:11:54 UTC
No matter what platform it is, crypto, forex or stocks what we really need is to know the basics of trading to read charts and patterns as well to understand whether to know the market. Learning the market and how trade is what matters most.
While I agree that learning how the market works is of utmost important, it is also important to time your entry and exit in the market.

Most traders jump in the fray when the excitement of the panic stages are going on buying high and selling low which is the mistake.

The time to buy is when panic occurs, but then the question comes would you buy something that is causing a panic sell? Answer is yes, if you have a solid belief that the asset is worth money - this is true for bitcoin and partially true for altcoins.

Same goes with stocks though they are more influenced by politics and have a very regulated market.