>> Remember sometimes not trading is part of trading so wait and wait for more bad news to come after the market is bearish and remember that time is the right time to look for buying and trading opportunities.
You have used very few words but they have explained almost every trick and tip that are trader can use to increase their profit basically these three points are the main points that we all should know other we are you be or we are experts. Patience is the main factor that will lead us to success if we will not keep patience while doing trading we can't make any profit.
I have experienced this when I was new to trading I use to do over trading even when I have no need to. This always results in liquidating my account results in total loss.
>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.
You are right we should not try to gain extra profit or profit that are so imaginative that our selective coin can't even reach for example I recently selected some token and invested some small amount of my capital with the purpose of holding them for longer period of time.
I was planning to sell them when they will cross there ath again but those coins were not to cross their ath so I recognized that soon and realize that I should have book the profits that at least I can book right now, something is better than nothing.
>> When you see the price increasing very quickly in a very short period of time and there are posts and discussions everywhere including social media that the price will increase, then refrain from catching any buys and trades and investigate the reasons for the price increase.[/b]
This is known as shilling aur artificial methods to pump and dump the price of any token this is totally immoral and we all should avoid this practice even if we can utilize this method to make huge money. To avoid this we should be aware of the term fomo and how to control our feelings.