Quote from: batang_bitcoin on September 18, 2022, 09:57:37 PM

Quote from: MCobian on September 18, 2022, 03:17:35 AM

Quote from: batang_bitcoin on September 17, 2022, 11:50:35 PM

All of those will have a great contribution for a traders success. It will be majority of the successful traders will be basing on their experience and also having that relaxed mind in reading their trades and before committing.
An attitude of not being greedy too is also going to one fundamental that a trader needs to have.

Crypto trading is not just buying at a low price after that we sell it at a high price, if it were that easy a lot of people got rich from trading crypto.
While the reality is that more people fail to trade crypto than people who succeed in trading crypto. And very few traders make crypto trading their
main job. It's all because our mindset must be right first, how to make our mindset right when trading. Everything requires a long process, so we have
to learn about trading properly, after that we trade with small capital first, slowly we will learn from every loss we experience when trading. From there,
we usually start to form the right mindset on how we can become successful traders. The most important thing is never to give up if we fail, we have to
get up and fix every mistake we make. You are right greed is one of the important things that we must avoid in order to become a successful trader.

Actually, it was easy to understand like that. Buying low and selling high but yes, the hardest part is to determine when you must do that and not everyone knows when is the right time and when to execute those trades. It's true that many fails as a trader and those that don't give up are the ones that capitalizes their experiences and manages to profit from it as they stay. It's not that easy as we say on how to do it because there's more to it as you keep going.

Self-confidence and a well-established psychology are needed to carry out the planned strategy, so we will buy when the price enters the buy area and will sell it when the price hits the sell area, so that greed and fear of missing the moment do not happen to us, maybe we have the same technique but it will be different in the end, because the psychological level of a person is different