Quote from: Moeda on November 25, 2020, 06:56:30 PM

Quote from: cytpoway121 on November 24, 2020, 01:48:04 PM

As you focus on following a trading process and strategy; you need to also learn how to care for your trading capital. If you have ever seenn courses with risk management; it refers to your trading capital.

How can you protect your capital? You do so by making a trading or investment plan about how you are going to use your capital.

In this market either in a bull run or in a bearish state; we are all alone. In trading; everyone is here to make money for themselves, the profit you make comes from other traders so Always do your own research.

If someone is making huge profits in crypto trading, of course there are people who are ready to lose large sums of money. There is no exact strategy in crypto trading. The lose are the ones with small capital, because they are unable to defend the coin price.

The truth is just as you have stated it, there is no exact strategy at all in crypto currency trading. But in this scenario; you have to find a working process and trading strategy that works uniquely for you and brings profit; and you have to understand your strategy too.

Nobody can defend a coin price, this is why you have to be able to interpret the market emotions; and trade by it.