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RE: Trading Crypto. What I do and don't do.

in Project HOPE • 5 years ago

Excellent, succinct advice. Panic trading is classic for retail traders. (Speaking from experience.) What I am working on doing is reading the charts before I act on a trade – entry or exit. Not reacting to the price action but looking at the trend in relation to the 20MA and the 200MA. Looking for the right set up is a good place to begin.

5 years ago in Project HOPE by
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     5 years ago 

    Thank you. Yeah, the most important aspect of trading is emotional, not intellectual. Controlling your emotions and sticking to a strategy will do a trader well. Actually, most of personal finance is emotional.

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