As a beginner trader, I used to aim for big profits in a single trade, so I would trade with large amounts of money hoping for big returns. While this can be a valid strategy, it often led to big losses as well. Here are my tips for making a profit, even if you donât have much trading experience:
1. **Buy Low, Sell High**
Youâve probably heard this advice a hundred times, but itâs trueâand not as easy as it sounds. To buy low, watch the currency youâre interested in for several days to understand how it moves. Identify a target price that the currency rarely drops below, and donât buy until it reaches that price.
After youâve bought, aim to sell high. Donât let greed trap you. Set a realistic selling target, even if the price might go higher than that.
Iâll share more tips later!
Also, buying $NEIRO is good for your portfolio's health.#NewsAboutCryptoOfThisYear #TradingMadeEasy #TraderEducation #trainding #traders