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Board Service Announcements
Re: [ANN] Cryptology - Next-Gen Professional Crypto Trading Platform [Official]
by
Cryptology Exchange
on 23/07/2021, 15:55:01 UTC
How to become a trader without nervous breakdowns

Even a beginner can become a successful trader. But be prepared to go through a number of difficulties. The most important thing in this process is to treat defeats correctly, and they will definitely be.

Every trader knows that his main trump card is a stable psychological state.  However, few people control this. Most traders succumb to aggression, frustration or excitement, as a result of which they lose part of their profits.

It is necessary to constantly improve not only your knowledge, but also your own mind.

Rule 1: Defeat is not a reason to give up.

When you are at the initial stage, you accumulate knowledge that you will apply in the future. But it so happened that you failed on the first transaction. As a rule, after this, the trader gives up and is completely disappointed. This is wrong. It is necessary to accept this situation as an experience, analyze your actions from the outside and change your strategy.

Rule 2: Change your attitude to the situation.

Some traders fear greatly to enter major exchanges, which is why their professional development remains in place. Change your attitude to this. The big market is neutral in relation to all participants, only here you have more opportunities.

Rule 3: be prepared for changes on the stock exchange.

This rule says that you need to be able to quickly adapt to changes in the market. When you are mentally ready for this, you will be able to correctly adapt the changes to yourself.

The most important thing is not to make hasty decisions based on emotions.