Crypto & Forex Trading Is Not For Cry Babies.
Most people get into Cryptocurrency and Forex because they see people posting or talking about how much they have made, they get excited thinking is easy money and want to make it big, not knowing how many losses the mighty have had in the past before becoming profitable.
I don't think there is anybody who trade crypto of forex that hasn't lost before, either as a beginner or even now that the person is profitable. Good trader's understand that in the trading industry you win or lose, your analysis might be 100% correct but the trade can still go against you, that why it's advisable the you keep your wins big and your losses small, because that's the game you win or you lose.
But someone people don't understand that fact, they always want to win and if they're winning they feel like Superman, they get greed and make mistakes, then get so emotional and want to avenge the market in the process avenging the market they lose more funds or even blow their accounts.
Like the popular phrase:
if you can't stand the Heat, get out of the kitchen.
So if you know you can't take the losses if and when they come please don't go into Forex or Crypto trading, Thank me later 😊.
Posted Using LeoFinance Beta
Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
This is so true! People think trading is a glamourous lifestyle and an easy way to make money.
This is so far from the truth.
Trading is like any other business. You will have your losses as well as profitable transactions. As long as your long-term tendency shows upward, you are on the right path.
But you need to do research and planning and then stick to that plan.
Thank you for sharing this information.
Posted Using LeoFinance Beta
My pleasure 😊, most jump in and jump out, because of lack of understanding and are not ready to lose, they just want to gain.