Post
Topic
Board Trading Discussion
Re: Tips for good trading
by
Xeon
on 12/10/2022, 07:00:00 UTC
the right way to trade is that we have to understand how to analyze the chart properly and correctly,
of course, it takes time because experience is also very important in trading,
emotions and greed in trading we must also take care of because it can be a danger to ourselves

Having the proper mindset right from the start is too important so we'll have the eagerness to learn because trading is a long process of learning and without eagerness, you will have a hard time understanding even the basics of trading. You should also include the risks of trading so you'll know your limitations and the things that you must avoid. It will be too challenging in the beginning but as you learn from your trading experience, you will notice that you're getting fully equipped with what you're doing.
Being greedy is also avoidable if you will set a target goal as your standard and basis on when to buy and when to sell.
I think a lot of us have this already because this is easy. Everyone can say that they want to be a trader and start to learn immediately but the hard part is to stay consistent. Many of them didn't continue right after a few days of learning for some reasons.

Basics in trading isn't hard, that is why it's called basic but maybe there are some people who are slow to comprehend things. Before we start, it's already given that trading is full of risk. This is why some can go below even on their set limits. Nothing is always easy in the beginning but things will go smoothly the more you learn and practice. Having a target is good but it should be realistic as too much of it isn't different from being greedy.