Post
Topic
Board Trading Discussion
Re: Never Be in a hurry
by
trigger1975
on 30/03/2021, 22:10:40 UTC
Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

That's why I love swing trading and why I'm trading H1 and above (preferred H4): it removes a lot of the stress day trading has.  You can analyse your charts thoroughly  and slowly, if you find a possible setup, you can think about, you can ponder pros and cons, you can build your game plan unhurried and then enter the trade.  It's maybe 1 in 20 trades where I have to hurry up a bit as the trade is unfolding right away.  It's definitely more relaxing.