What is your advised for being a trader?
What is your advised for being a trader?
Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn’t recommend to trade if you don’t know anything. But I don’t support the idea “Doing trades with small fund and keep learning”. Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?
Trading is definitely a gamble. Like you said, in just seconds you might make bank or lose everything you put in. I would not tell someone to start trading if they didnt really know what they were doing or had done it much before.
first I will look at positive news, if I have small money I will choose to trade with popular coins such as bitcoin, eth, and others, not like you said I will lose all my funds in a matter of seconds, it is very impossible in my opinion, unless you trade with the token that has just been launched, memetoken will be very possible, condition your finances first, if you are ready to lose or double your money in an instant, meme token is the best solution