Post
Topic
Board Altcoin Discussion
Re: Protect Your Trading Capital
by
Dragonfund
on 29/11/2020, 17:01:04 UTC
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.

One thing everyone must understand is that risk management is very important, one should know when to exit and enter the market. Don't loose guard while trading otherwise your capital will becomes another trader profits.
I was once of victim of covid-19 market blast, I had the opportunity to take my profit but I refused, I still had opportunity to exit the market at a stop loss but I never create any. It was down on me when I lost - 50% of my capital which I regreted in my career in cryptocurrency.
Again, avoid paid signal, that shit will ruin you and your capital