Of all the traits necessary to become a successful trader, the DISCIPLINE to follow the rules is the most important. Find out how to test and improve your discipline to boost your profits.
“I had a part to play in what unfolded. I must live with that. But sometimes, one must make decisions in which somebody else loses. “
One of the significant issues you’ll face as you enter the market arena is a lack of perspective. Every bull run seems as if it will go on forever, and minor pullbacks foretell the end of days. New traders just need some perspective on the market. Here are some tips on staying safe in this uncertain period.
“This couldn’t have come at a worse time for cryptocurrency.”
“This is where we need to distinguish what is supportable in this market versus what talking heads are spouting on TV.”
Let’s assume that you have a bull put spread that’s expiring next week, and it doesn’t look promising. Instead of closing the trade and taking the loss, you may be able to turn the spread into a winner. Here are some pro tips for rolling your trades.
Binance Coin (BNB)
Bitcoin Cash (BCH)
Ethereum Classic (ETC)
Bitcoin SV (BSV)