Hay, I am New here and know about Bitcoin for the last few years but I lost many times in crypto trading.
First, Welcome to the forum.
So my question is that how to trade Securely and profitably?
This is a good question. To say to trade securely, you must need to learn and know about reputable exchanges. About profitably, you also need to know the cryptocurrency you are trading. There are lots of guides on the internet about how to become successful in trading, just a simple search and lots of articles will pop-up. You can try to read them and pick ideas that you think will benefits your in trading. With all those information, we know the bottomline is always to have knowledge about the market pattern of the cryptocurrency we are trading while controlling our emotion. That also includes knowing the fundamentals of the cryptocurrency.
And what are the rules and regulations for me that must follow this platform recommended some close ones will say you will learn from this platform so much and I hope to recover from the loss and get a lot of benefits and knowledge gain that is why I am very excited to hear.
You can check this guide by Investopedia:
https://www.investopedia.com/articles/trading/10/top-ten-rules-for-trading.aspListing it here so that you don't need to go outside the forum:
Top 10 Rules for Successful Trading
- Rule 1: Always Use a Trading Plan
- Rule 2: Treat Trading Like a Business
- Rule 3: Use Technology to Your Advantage
- Rule 4: Protect Your Trading Capital
- Rule 5: Become a Student of the Markets
- Rule 6: Risk Only What You Can Afford to Lose
- Rule 7: Develop a Methodology Based on Facts
- Rule 8: Always Use a Stop Loss
- Rule 9: Know When to Stop Trading
- Rule 10: Keep Trading in Perspective
You can click the link above if you wanted to learn more about these rules.