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#btc After knowing the basics of trading, know the direction of the market, and draw the trend direction on top of the candlesticks #UB Do not trade unless you know the direction of the market. There are also candlesticks that confirm the trend, and for that you need to know the fundamentals of Japanese candlesticks #play
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#btc Trading is essentially risk management. Whoever wants to continue trading must commit to controlling risk. No one realizes this except the experienced person, #bank . When you lose the entire account because of greed and not managing risk, I tell the one who is wrong: the market continues and opportunities continue every day. The losing person, by feeling regret, will regret it at the end. #play Regret is useless after it's too late. So for you: continue with risk management. While small profits grow the portfolio, greed will lose the portfolio. #ub #bank Wishing everyone success
#bank I climbed from 0.12, and now it is at 0.37. These coins must be traded with risk management, with a 1% risk of your capital. Be patient with them, and they will give you good profits, God willing. As for quick trading/speculation, it often leads to losing your capital because it makes you money in two or three trades, and then greed and arrogance creep in. Suddenly you find your account is zero. #bank Also #play — these are not to be entered except with 1% of your capital. Be patient with them; best of luck to everyone #play #bank
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Trading at its core is emotion, patience, and risk management. For example, coin #UB that you bought when it was at the bottom. And when the price reached 0.01, it had been at 0.05, the lowest point—then you bought it and had patience, even if it’s just $1. If it turns out to be a good sign and generates nice profits, then I always recommend managing risk and not entering with large amounts. Patience is the basis of success, along with capital management and avoiding greed. Also, coin #Velvet that I bought from the bottom—it's now on its way back to its previous peak, and I might increase it too. Therefore, you must manage risk and avoid greed.
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The best strategy to grow your portfolio is to trade with 1% of your capital. If the market goes against you and you're confident in your trade and analysis, you can add more, but only after a 100% loss. Then you can leverage 2% of your portfolio to strengthen your position. After that, when the coin rebounds, start taking profits in stages. Set a stop-loss when entering to ensure that if it retraces, you don’t lose what you’ve gained, and exit with a profit. The most important thing is to accept losses; treat your stop-loss as a gain because going against the market is a loss. It's better to have cash in your balance than to be completely wiped out, and there are plenty of opportunities out there.
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