Crypto Educational Post. EP 1
Risk Management.
Many traders fall victims because of their greed levels. It is important to know that being profitable in trading is one thing as well as staying profitable. Its not suppose to be a situation where you make $30 today and lose 100$ tomorrow. So here are a few tips followers.
1. Use appropriate technical tools and as well be equipped with information.
2. Apply risk management techniques
3. Control your emotions. This is very critical
4. Lock profits if you're trading for a long time
5. Take profits if you're trading for a short time
Consistent profiting makes trading enjoyable. In episode 2 I'll elaborate on the risk management techniques. If you find this useful follow and turn on your notification.
