Some Great Advice For Traders

in #crypto5 years ago


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There are not matter that you are crypto trader, forex trader or stock market trader analysis and indicators are same for all. Guys here i am targeting crypto traders.

Advice 1 : - Do no invest in shitcoin or low quality coins. Always choose strong cooing which has decent product. Because if you trap sometime then you can easily come out from the trap if you have good coins in your portfolio. But when you invest pump and dump coin and you are trapped then there are not guaranty that the coin will come back on this price in future. This advice for those, who are not using stop loss.

Advice 2 : - You must follow money management and risk management. And guys don't do panic and controll your emotions because if you want to become a successful trader then you have to become a robot first.

Advice 3 : - Do not depend on one analysis you must check all types of things. For example you can't trade by seeing only candle stick pattern you must need to follow other strategies such as moving average, News and other analysis. And when you get positive signal from most of things then decide to enter in market.

Advice 4 : - Our crypto market is small. So whales can easily manipulate the market. So sometime all analysis are fail. So always do trading based on support resistance and avoid trading in strong downtrend.

So i hope you got that what i said. And if you have any question or suggestion then place the comment below: Share this article and upvote it.

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