Post
Topic
Board Trading Discussion
Re: Don't trade what you can't risk loosing
by
TheUltraElite
on 24/04/2020, 06:27:53 UTC
I agree that in trading use capital that we can afford to lose.
Its like a necessary evil. You cannot stop the habit of putting in your money in something that dropped a lot because you know it is going to go up and this is your chance which if you miss you are less likely to see again in future. Imagine having the ability to buy bitcoin at 3digit prices at this time everyone would start buying it.

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Because trading is not as easy as we imagine, the risk is very high.
Whatever in this world that gives high rewards has high risks. It is a sort of balance.

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Sometimes the market can change drastically and this can make us lose money. Indeed, by trading we can make profit up to with 1000x, but that is not easy to achieve. Good analytical skills are needed, so first improve our analytical skills.By increasing practice.
1000x profits a rare though. Even with bitcoin maybe if someone bought at 1$ then it would be true. But how many do you think did so? Most them were happy with 50x or 100x gains and possible sold off majority of their stock bought at such low price.