Community post
Trading Tips
-Fundamental analyzes tell you what to buy. Technical analyzes tell you when to buy.
-Agree with the ideas, not the people.
-Don’t be married to any coin, position, or idea.
-Much of the trading-related social media trolls are noise. Ignore them. #DYOR
-Stop losing your time to thinking about rationalize everything on market.
-Don’t let the market play with your mind. Stick to your trading plan.
-Trades should end in 3 ways: Big Win, Small Win, Small Loss
-A big loss will ALWAYS be more emotional than a big win.
-Zoom out first. Zoom in later.
-If you open a trade based on a high timeframe signal, don’t self-sabotage and close that trade based on a much lower timeframe signal.
-Don’t scalp the counter-trend.
-Repeat after me. “The trend is my friend”.
-Expect consolidation after large price movements, not continued volatility.
-Start trading using high leverage and small position sizes. This tests the quality of your entries.
-FUD (Fear, uncertainty, and doubt) are great for panic buying and selling.
-“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” ― Warren Buffett
Replies (1)
Congratulations @aabbaa, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.
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