Post
Topic
Board Trading Discussion
Re: If You Can’t Explain the Trade, You Shouldn’t Be in It
by
SquirrelJulietGarden
on 26/07/2025, 09:11:14 UTC
One of the first things most newbies in crypto trading think about is how to get access to signals, whether it is following a “guru” on Telegram, or paying for so-called "sure signals." The truth is that due to the market's volatility, there is no such thing as a sure signal.
If you can not trade independently, don't trade.

Relying on trading signals of anyone else is very risky because human can always make mistakes. By believing in the others and their given trading signals, you are trading like a blind trader and it's good way to lose your trading capital easily.

If you can not learn about trading, can not understand the market history like its price cycle and psychological cycle, don't trade.

Even how strong belief you have in your trading ability, make sure you always use stop loss order for defending your trading capital.
One of best weapons in trading.

It's important to warn you that investment in long term is easier and more profitable than trading in long term, it's true with most people in the market so don't think you belong to minority who can make trading profitable in long term.