Quote from: LUCKMCFLY on February 02, 2020, 02:39:41 PM

Quote from: Jhonyguy on February 01, 2020, 07:58:54 AM

~snip~

- In Trading the risk management varies according to the person, it influences many factors, even the emotional part, but leaving all these things aside, what works in trading is the following:

- If you risk enough balance or money, your earnings may be few, but after all they are profits.

- If you start with a low balance, whatever the reason, getting profits will not be very high, but all this adds up, it is beneficial.

You can not think of getting rich overnight, many mistakes of those who begin in this world, when failures appear usually withdraw.

My way of trading is making only 3 trades, where in those 3 if I lose 2, with 1 recovery and I remain in positive balance, of course that if you lose in the 3 you must change the plan, and not lose more than 10% .

I don't agree with your first point. If you want to play safe then why 'cryptocurrencies'? Several financial experts have rated cryptocurrencies as the most risky type of investment. Investing in cryptocurrencies itself means that you have put your money on risk. Playing too safe like creating sell orders at buy price plus 1-2% or creating stop loss at -(2-3%) don't work in crypto market.

Here you have to take bigger risk to earn big and there is always the equal chance of losing money.