💡💡 AVOID THESE 2 MISTAKES TO SAVE YOUR MONEY WHEN TRADING
I remember that when I started trading crypto, I had very little knowledge so I would check for crypto signals online. I always trusted and believed in these "VIP" groups and free signals groups especially on telegram and twitter.
Surprisingly, out of every 10 trades, only 1 got me profit. I got liquidated more than twice and all my hard-earned money went just like that.
I also tried to analyse the market then I would place trades. From my analysis, my opened positions would increase by 0.10-0.50 and then go down to negative (loss) until liquidation sometimes.
This always happened since I always thought that it's not worth taking 0.50 as profit since it's like nothing to me. (But this had always made me incur losses.)
I learned it the hard way but I guess experience always come from the mistakes we make. So I'll give you 2 advices according to what I've went through..
💡Advice 1:
Avoid signals at all costs, I don't think someone will just want you to earn from their signals (No one has that good heart and everyone is your competitor in trading) and also, traders have no time for these things, they're busy analysing the market and searching for the latest news.
💡Advice 2:
Take profits as soon as possible because a reversal can occur at any time!
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