Quote from: criket on July 11, 2020, 01:26:53 PM

Quote from: gweedo on July 11, 2020, 11:56:31 AM

Once you can control the emotions in this market, I believe you have become a professional trader and can make huge profits from it. Most people in this market lose money because they cannot control their emotions, always panic when prices fall or fomo when prices rise.

at the beginning of the trade and investment that I did, I also felt the same problem. easy to panic and always impatient. after a few investments and trading that I did, I just realized that it messed up the plan that I had made well.

A good way to not mess up your trade is to use OCO (Stoploss) functions on the exchange; after you have purchased and made your investment; you can set up the oco to limit your losses options, so that instead of missing out entirely on your capital, you atleast have little losses and can move on to other trades . ALSO, you cannot panic while trading crypto currency token. so work on your emotions and trading psychology.