what makes a successful trader, not gambler ?

Bitcoin and altcoins trading, tricks, rumors, pumps, speculation.
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arvind1
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#38827

12 Apr 2018, 01:17

Here are some characteristics of successful traders and gamblers:

A gambler:

- Have no transaction method.

- Do not take notes of your views on the market trend daily.

- Don’t care about risk management

- Spend most of your time focusing on winning and making profit.

- Let emotions dominated their mind when trading

-Place orders without consideration.

- Place too many orders

A trader:


-Understand and master an effective trading method

-Have a clear and specific trading plan and comply with it.

- Have a daily note on market view and trend

- Pay attention to risk management for each trading order

-Don’t set making profit and winning as their 1st priority

- Only make the deal when the price model matches the method.

-don’t let emotions control their actions

- Consider coin trading as their career and daytime job.

If you have those characteristics of the gamblers, you should change it immediately. If you have trader traits, maintain them for as long as possible and remember to always think twice before doing.



Kawalpreet98
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#39498

13 Apr 2018, 14:18

Thanx for this article .......I found helpful......

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windydagreat
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#39746

14 Apr 2018, 08:54

buy at low price, sell at high price and do not be a fucking panic seller 8-) .
HODL a network tokens or coins about network that is actually the way to die soon :lol: .

Invest in NEO and any project on NEO platform, never go back 8-) .
Be greedy when others feel fear, be careful when other greedy 8-)
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There are always new promising project in 2018. Of course, it is free and worth to take your attention.

I am proven, predictable and PROFITABLE.
I have an MBA at technology university :o, a millionaire at 21 and 8 years experience on bullshit artist and trash talk on the internet 8-)
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shekharsam
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#39780

14 Apr 2018, 10:33

i think i am a trader beacuse i have all these qualities... :lol:

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