#ArbitrageTradingStrategy #MyStrategyEvolution Tips for Traders
Don't take risks! Just take advantage of a big bull market opportunity once a year; don't invest all your money, keep some as collateral so you can buy more if the price drops.
Earn according to your understanding! Don't trade currencies you don't understand; practicing on a good demo account is beneficial, but when real money is involved, the mindset is completely different. Learn well before you act.
Don't be greedy with good news! If you don't sell on the day the news is released, and the next day opens at a high price, sell quickly. Everyone is waiting to cash in when they hear good news, and a high opening price is an opportunity to escape; if you wait too long, you may get stuck holding it.
Reduce your investments a week before holidays! During holidays, trading volume in the market is low, and prices can easily rise or fall. Don't take risks; enjoying the holiday is more important.
Remember the medium and long-term strategy: "Buy low, sell high"! Buy in batches when prices drop, and sell in batches when they rise.