Post
Topic
Board Trading Discussion
Re: To day traders
by
Ndabagi01
on 14/03/2025, 21:24:11 UTC
If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

Patience is a word that is very commonest attached to traders, you can’t win in trading without having that patience in you. Being patient is one of the guiding principles of being a trader that’s successful. Risking an amount you can afford to lose is also a principle one should adhere to while trading, that will reduce the chances of being affected by your own emotions while trading. Emotions are killer of trading confidence and when it overboard you too much, you’ll make insecure decisions and fear will grasp you into losing more.

Dividing your capital and using it to trade gradually is a good idea also. As a trader, you’re susceptible to losing and that is what all traders must have to pass through before they come to be profitable. As a trader, when your percentage of wins are more than that of losses, by splitting your capital and using it to trade gradually will increase your chances of making your profitability a consistent one. Traders are risk managers and you’ll have to learn that also in your process of learning.