I tried trading Bitcoin a couple of years ago but quit after I lost $300. What advice do you have for me if I decide to start trading again? Thank you!
This is not new in the trading world. Losing is part of the game but what make you stand tall ahead the market is your continuous focus and toughness against your weakness and emotions. If your lost just $300 and ran away, then you could come back and lose virtually double of that and also run. This is emotion, and its really eating you up. You need to stand up on your feet and fight against by being tough and ready to face reality.
You neeed to work on your strategy. This help you to know how you would trade, when to trade and when not covering both your technical and fundamental analysis of the market. The market is not a game hall or a betting platform where luck could attract frequent profits for an individual without any skills. Trading need skill to be able to get what you are looking for. You can choose to use robot to trade which also depend on the trader and the kind of robot.