Post
Topic
Board Trading Discussion
Re: Don't encourage multiple trading!
by
Stable090
on 04/05/2023, 17:14:19 UTC
My friend loves opening different trades at a time, most at times is difficult for him to control what's should be. Trading on free chart with multiple opening can be very dangerous. Yesterday he experience unusual hit when bitcoin price drops again, four trades loss at once when the market go against him. Personally I don't advise multiple trade especially when you're not familiar with trade
When you open multiple trades, you easily get confused, most especially newbies, if you are a professional and you want to open multiple trades at once, you should also be very careful, whenever the market goes against you, then you will lose control off all the trades. It’s better you just focus on trades that you know you can handle, you shouldn’t be in hurry to make money because you might end up losing everything. Trading is not all about how many trades you open, it’s about how you can monitor and maintain the trades you open.