Trading mistake: don't play against the trend
Again another lesson is learned. DO NOT TRADE AGAINST THE TREND.
I did it, and lost some money. Like, if the trend is bearish then don't go long in belief it is gonna reverse. Just go short and earn some money.
Once I didn't sell since the trend was uprising. I was waiting while the price would rise to the resistance line. Instead the price began to fall. And broke the support lines. Twice. It was an epic fail)) Thanks God I was only playing with a tiny amount of money and didn't lose a lot.
@axbezzub, вы ещё и трейдите? Вроде как такой блог интеллигентный, у меня в голове не сочетается :)
я на BitMex сейчас торгую. Бомба
@ontheverge, cкорее, пробовал трейдить) Но благодаря всей этой истории с криптовалютами узнал о steemit и голос, так что всё не напрасно)
Absolutely correct. Unfortunately the beginners don't want to believe it.
everyone makes mistakes :) in trading especially.