Post
Topic
Board Trading Discussion
Re: Fast ways to lose money trading
by
MIner1448
on 27/02/2021, 05:14:06 UTC
Hey guys, I recently started trading on Binance and I read books, watched videos on fundamental analysis, support and resistance. I try to improve myself on crypto trading and also on psychology aspect of trading. The path of a trader is not as easy as most think. It is quite different lifestyle portrayed on Instagram. You could be a trader for five years and you'd still not have enough knowledge or experience. Maintaining profitability is a tough challenge.

🌟Fast ways to lose money trading;

👉Trade too much - You don't have to enter a trade everyday even if you're a day trader.

This is, of course, good advice, I always think that transactions must be made every day, but this is a delusion, if you go into profit and the market is weak, then you need to stop in time, I haven’t spent my deposit until I understand this. Therefore, it is not really necessary to trade every day.