You are viewing a single comment's thread from:

RE: TRADING MINDSET - YOU DON'T HAVE TO KNOW WHICH WAY A MARKET WILL MOVE TO MAKE MONEY

in #cryptocurrency7 years ago

I think the major threat of short time trading are EMOTIONS.

When you are a short term trader you always get nervous about bad news, especially in the crypto market, which is very volatile.

My experience with short term trading are mixed. I have earned good money, but sometimes destroyed money due to false decisions - driven by short term focus and emotions.

Sort:  

But if you have a plan for every trade, you shouldn’t be letting your emotions dictate your decision making.

Plan your trade, TRADE YOUR PLAN!