There are true habits and rules you can implement easily in your Crypto trading strategy, regardless of your background or experience, that can boost your Crypto profits 4X (proven!)
Boost Your Crypto Profits 4X - Top 4 Rules To Become A Successful Crypto Trader In 2022
The Crypto market is both a probability of winning and losing. But how do you make big wins and lose small percentages?
In this episode, I dive deep into the four top rules for any successful trader. From setting your profit and loss goals, my 3:1 investment rule, the impact of keeping a trade journal as well as technical analysis of the price chart.
Finally, I expound on why powerful emotional forces such as fear and greed could cloud your judgment in the crypto market.
A bad trade is just part of the game, but the secret of winning can just your life, more than you’re losing!
Timestamps
[01:01] Setting your profit & loss goals in Crypto Market
[05:20] The impact of having a stop loss in your trading account
[08:31] Why you need to keep a watch list and trading journal
[13:21] Technical analysis of the Crypto market
[15:01] Finding your community and support system
[15:52] Why you need to understand your emotions, gain self-control and discipline as a trader
[19:00] Understanding the order types in whatever exchange you’re using
Key Quotes
● You can never be greedy in trading. It’s making sure when you win, you win big, and when you lose, you lose nothing.
● You’re never going to win 100% of the time. Even the best traders in the world maybe win 70-80% of the time.
● Your capital is everything in trading.
● Earning money is the primary reason people get into trading, but greed is the main reason they lose money.
● Emotional control is what separates the successful cryptocurrency trader from everyone else.
Resources
Want to learn more and get started TODAY? Join our Crypto University to master the craft of Cryptocurrency and Altcoin trading on altcoinresearch.com.
Hope you enjoy this podcast! If you have any questions, contact me at [email protected] or check our free trading course. https://www.inpennystock.com/free-trial
Want to learn more and get started TODAY? Join our Crypto University to master the craft of Cryptocurrency and Altcoin trading.
If you are interested in cryptocurrency, this step-by-step guide will help you get started. Here are some tips you can be successful with trading crypto.
Hope you enjoy this podcast! If you have any questions, then contact me at [email protected] or check our free trading course. https://www.inpennystock.com/free-trial
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