Trading and it uncertainties

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Trading and it uncertainties

This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

Joan Husk Answered question July 25, 2024
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Just don’t trade when you’re emotional at that moment.

Because when you trade and you’re emotional, the hit of uncertainty will be much effective. That’s why do not be too emotional when you trade and have a plan to follow.

If the market is too volatile, then you are anticipating some unexpected things to happen with your trades.

Joan Husk Answered question July 25, 2024
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The uncertainty and price change are the same thing and every good trader bears that to mind. It is just like you climbing to a mountain if you loose your grip you see yourself on the foot of the mountain. This is the reason that stoploss is important to trade with. So one important way to escape the uncertainty effect on the account is to trade with stoploss.

Andrew Peters Answered question July 25, 2024
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