Post
Topic
Board Trading Discussion
Re: Best Strategies for Trading.
by
Luzin
on 07/11/2022, 11:50:29 UTC
After all, market trends are very volatile and traders tend to not always be profitable so greed is never a good thing. Day traders may be more risky, which is why sometimes others prefer investing over trading.

That greed that is difficult to control, it makes us regret it. Because I have been undisciplined and greedy several times. In fact I became a time loss or a loss of money because I mispromised. The trick is discipline, but discipline is also difficult and not everyone can do that.
But not all, I think everyone has their own expertise in how to profit from crypto. Suppose I prefer to trade with fast periods. Although I also invest for the long term.

Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.

The demo account does not give us heavy mental stress, because it is just a demo not a real one. I've done that although it helps a bit but it's very different if using a real account. The most important thing is to use a real account and small funds as a start of practice. Because the best lesson is hands-on experience.