Post
Topic
Board Trading Discussion
Re: Few Steps To Avoid Losses In Trading.
by
Ratimov
on 07/05/2022, 22:05:16 UTC
Summary: Your profit must be greater than your losses if your a good trader so trade with wisdom.

The most correct and important advice: Do not trade. Never. Trading is not a profitable behavior, no trading strategy will ever outperform an investment strategy. Therefore, start learning not trading, but understanding the crypto industry, forming a crypto portfolio and the ability to analyze. All this is much more profitable than trading and everything connected with it.

Many traders come to the realization of this years later, when time and money are irretrievably lost. Therefore, it is better to skip this one and immediately start learning how to analyze and create an investment portfolio. I spent 4 years trading, earning as much as I could earn on a simple hold in 1-1.5 years, while doing nothing.

If I had the opportunity to start over in my crypto journey, I would never waste time trading. It is very bad that no one explained this to me at one time and I had to comprehend all this myself, through a series of omissions and mistakes.