Post
Topic
Board Trading Discussion
Re: you have to manage risk for trading.
by
SamReomo
on 18/09/2023, 17:02:28 UTC
We should avoid impulsive buying and selling.

Well that's true because impulsive buying and selling could cause huge losses and the ones who do such kind of trading are the day traders. I don't really think that any other type of traders rely basically on impulsive trading because a patient trader would wait for the proper market scenario when he/she places his/her buy orders, and those traders mostly sell when they make some profits from the initial position where they have placed buy orders. Those traders basically aim for 0.5% to 2% per trade and sometimes they can get two to three such trades a day while at other times they may not get any trades in weeks.


I don't think that is meant in depth. I read the user's previous posts and found that he advertises the heartbitintro platform, and I believe that the isk management feature is one of its features, and they may be selling reliable trading signals.
In any case, what he is trying to explain is far from risk management or technical analysis, and the difference between them is great. Therefore, trying to have one platform that combines the two things is not a good thing, and your risk assessment strategy must take into account buying from more than one platform and speculating with more than one asset.

I strongly agree with you! The user is trying to promote heartbitintro platform and when I searched about that platform on Google I got no information about it. Seems like the platform is quite new and he's the creator of the platform and it isn't even listed on Google search engine. I also believe that he's trying to explain risk management and is someone relying on technical analysis based on historical charts. Let's see what the OP will say about his platform because to me it seems like a way of marketing and nothing else. However, if the platform is genuine then we'll learn more about it from OP.