I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
Trading is a lot trial and error. As you trade more you will learn that you can´t impact your winnings that much. Its all about to cut your losses.
I have 10 tips to avoid simple mistakes.
1. Only Invest What You Can Afford To Lose
2. Diversify: Never Put All Your Eggs In One Basket
3. Don’t Try To Make Profit In Every Trade
4. Don’t Be Too Greedy
5. Don’t Have Fear Of Missing Out (FOMO)
6. Maximize Your Winning Trades
7. Always Learn From Your Trading Mistakes
8. Minimize Your Losses And Set Stop Losses
9. Reduce Emotions And Stay With Your Strategy
10. Sell The News And Buy The Rumors
If you are interested, you find the complete article at Cryptocointrade.