Post
Topic
Board Trading Discussion
Re: Trading without losses?
by
blckhawk
on 11/11/2020, 10:47:55 UTC
I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses.
Hope you will help me.
Thank you. Smiley Smiley
Trading without losses is impossible but minimize yeah that will work and that might be called "stop-loss", you should learn your limitations.
In order for you to increase the success rate, as a newbie, you should learn first what are the fundamentals and gain more experience. Having a small amount of money was one of the best strategies to be more familiar with trading mechanics. And if you were a newbie, I think you should stick first to trade the top listed coins in the market just like bitcoin and hold it, usually, this will grow over time by that time you can sell it if you think that would be enough profit for you.

Not only that please tell me Is it possible to start trading with a small amount of money at the beginning.
It is possible, I personally started with a small amount of money though, if I remember around $100 and fortunately it snowballs and turns out to be good.