Some Great advice while Trading !! Follow and make Profit !

in steemit •  8 years ago  (edited)

Patience - you don't have to buy at that very moment and you don't need to buy with whole budget

Read news before entering the position on ever particular currency

Don't be greedy, take a smaller profit and get out of the position when the green candles look great, there will always be more opportunities.

Don't regreat missed opportunities and trades where you could have done better by staying longer in it because you don't even notice all the situations where you did good by shorting the position on time, you take it for granted.

Buy on dips, if there is nothing happening on the marked better wait and do nothing then buy expensive just to get entertained.

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This might not be anything important, but when I started learning trading the best thing I could have done was wait a month an watch how everything flows. I lost some money because I didn't do exactly that. Now I'm pretty confident in the moves I make, but not without loss.