Post
Topic
Board Trading Discussion
Re: Entering the trading market
by
boyptc
on 01/10/2021, 23:38:03 UTC
You don't need strategy, all you need is enough funds to sustain on trading in order to manage your asset sustainably. Skills should be developed in order for us to cope up with different challenges, but that's normal for first timers to panic and worst is they lost a huge amount of money. Seek guidance from friends and peers who could mentor you for a good advice which eventually teach you different ways to deal with trading successfully.
You still need a strategy. It's a plan that must be executed after having the funds that you're going to use as your trade. Without a concrete plan and strategy, your chance of losing it is high because you'll just trade according to your will.

And that's part of the strategy, to hone your trading skill.