There are ten shortcuts that lead to loss that traders should beware of:
👇👇👇
👈 1- Beware, my fellow trader, of fraudulent currencies and counterfeit currencies, especially on small platforms.
👈 2- Do not pin your hopes on a specific currency. The currency remains affected by a group of factors and may collapse at any moment, so try to diversify the currencies in which you invest.
👈3- Do not have strong psychological relationships with your currencies to the point that you make them one of your family members. The right thing is to sell if you see profits and then buy them, at a cheaper price again, and here you will have doubled the quantity, or take your profits and buy the same quantity when the price decreases.
👈 4- Do not invest money that you need. If you do, you will be sure that you will regret it.
👈 E- If you hear negative news about a platform, take your money out
An external wallet, preferably a cold wallet.
👈 6- Do not make trading your daily source of livelihood.
👈 7- Do not trust anyone who tells you that you will achieve millions in profits simply by investing a dollar, ten, a hundred, or even a thousand.
👈 8-Trading involves great risks, so learn how to manage risks.
👈 9- Learn the principles of trading before entering this field.
👈10- Stay away from ready-made recommendations, as they only serve those who make them.