Post
Topic
Board Trading Discussion
Re: you have to manage risk for trading.
by
michellee
on 18/09/2023, 09:42:57 UTC
We should avoid impulsive buying and selling.
Is that your solution @OP? If yes, that is not a solution but trading must be done carefully to avoid the risks. You must know how to analyze price movement trends to know when to enter and exit the market.

For this reason, you have to learn from many sources and train your skills. Try to study the indicators needed in trading to know where the market will move. And it requires experience and continuous practice and don't forget to train your emotions because you can also lose self-control in trading.

Don't chase big profits if market conditions are not good. And instead of chasing big profits, you can take existing profits and exit the market if your analysis says something will make the market reverse direction. That's so you can avoid the risks and use the moment for your benefit. There is a lot to learn in trading and a long journey to become a professional trader.