Brandi Fouse nU11
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Advice for traders having a less than $1000 portfolio
In my opinion, holding for a long term is not a success if you are new or experienced
For, newbies, you won't learn without trading in time frames of 1h / 4h and 1d even smallers. The profit and loss both are part of the business and trading. You must be smart enough to use indicators of your own choice and set these for best outcome. Always remember, use less (1%) amount of your total asset and use smaller leverage for learning purposes. You must make your goal that you are not here to lose, you are here to win and take profits. Remember one thing, don't follow others signals without analysis, keep factors and ongoing trend in mind. Sometimes signal providers are scamming you by giving fake signal and booking profits by liquidating you
For, experienced traders, don't get hyped and greedy, control your emotions. Price doesn't go up in a jiffy, always have some sideway movements. Your analysis, most of the time, is right but the timing may lack. Sometimes, you close trades in loss in fear of more losses / liquidity but at the end the price dip more than your entry
Always set stop loss and trade on coins having better attraction
This is only for your information basis on my views, always do your own research before trading DYOR
In my opinion, holding for a long term is not a success if you are new or experienced
For, newbies, you won't learn without trading in time frames of 1h / 4h and 1d even smallers. The profit and loss both are part of the business and trading. You must be smart enough to use indicators of your own choice and set these for best outcome. Always remember, use less (1%) amount of your total asset and use smaller leverage for learning purposes. You must make your goal that you are not here to lose, you are here to win and take profits. Remember one thing, don't follow others signals without analysis, keep factors and ongoing trend in mind. Sometimes signal providers are scamming you by giving fake signal and booking profits by liquidating you
For, experienced traders, don't get hyped and greedy, control your emotions. Price doesn't go up in a jiffy, always have some sideway movements. Your analysis, most of the time, is right but the timing may lack. Sometimes, you close trades in loss in fear of more losses / liquidity but at the end the price dip more than your entry
Always set stop loss and trade on coins having better attraction
This is only for your information basis on my views, always do your own research before trading DYOR
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