2021-06-09 10:24:47
#Tips
The return of investment in trading depends on various things.
1.
Risk Management: How much you are risking in each trade?
2.
Portfolio Management: How much capital amount you are using in your portfolio for the long term, mid term and short term trades.
3.
Trade Management: How do you act when the price reaches certain points. For example, do you close the trade when the price hit given stop loss or profit range
4.
Emotions: Human nature will act when there is something happen. If you see good profit in trade, you will hold it more to get more profit. When you see loss, you will hold it with the hope that it will recover. In both cases, the market does not care. The market will follow the structure without fail.
What you can do to get good result:
1. Fix the % of your profit per month. For example, I will increase my portfolio by 20% a month. Then no trading.
2. Learn basic TA about support and resistance to manage your Risk and Trade.
3. Use a risk calculator if you are trading futures.
4. We always recommend going for SPOT only. Most of the big trader do not use leverage or futures. They look for mid-term and long-term goal.
If you want to learn more about it. You can contact me on Telegram: @digiwhale for a paid course.
We have two type course
- Live webinar Course
- PDF Course
The course will cover everything you need to start with crypto trading.
Have a great trading.
86 viewsScrapper, 07:24
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