Jump to content

trading tips


Guest pontsho

Recommended Posts

Some good advice here, you "earn what you learn". If you are planning to start trading with something as volatile as cryptocurrencies, it's going to be difficult with some hard lessons.

Setup a practice account, and trade using just the amount of money you will have in reality. Don't use the full balance they offer on practice accounts if it's unrealistic for you. For example, if you practice with 100k, lose 10% and then recover from there, you might think you have it cracked. But if in reality you only have 10k to invest, then your account would have been wiped out and you've never have been able to recover.

If you're planning to Spreadbet, make sure you understand the basics around bet size and stop losses.

Link to comment

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...
us