Top Ten advices for Crypto & forex Trader
Anyone who wants to become a profitable stock or Cryptocurrency trader need only the Below advice:
Each of the rules below is important, but when they work together the effects are strong. Keeping them in mind can greatly increase your odds of succeeding in the markets.
Rule 1: Always Use a Trading Plan
Rule 2: Treat Trading Like a Business
Rule 3: Use Technology to Your Advantage
Rule 4: Protect Your Trading Capital
Rule 5: Become a Student of the Markets
Rule 6: Risk Only What You Can Afford to Lose
Rule 7: Develop a Methodology Based on Facts
Rule 8: Always Use a Stop Loss
Rule 9: Know When to Stop Trading
Rule 10: Keep Trading in Perspective
Understanding the importance of each of these trading rules, and how they work together, can help a trader establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.
By: Dr Arian