Post
Topic
Board Altcoin Discussion
Re: SIMPLE ADVICE TO ALL NEW TRADERS
by
iamaruf
on 31/07/2020, 22:57:09 UTC
to be a good trader you need discipline , the same discipline you apply to a 10$ account is what you should apply to a 10k$ account.
Have you ever traded in the market?
Trading with $ 10 fund is completely different from $ 10k fund especially trading psychology. It is possible to achieve a high profit rate when trading with a small money, but once you have achieved a large amount of capital, all of your decisions will be affected by your psychology. This is what I went through when trading.
Maybe you didn't understand what OP saying. You are telling the amount amount but he tried to understand that 10$ and 10k$ doesn't matter you have to maintain the rules. Like if you think that 10k$ is huge money so I have to research before buy etc etc. On the other hand if you think 10$ is very low so I don't need to research just buy and hold. Then you are wrong you have to be professional and have to research before buying.