capital management and trading plan

What I will say is a summary of several books on trading psychology
Trading first two types in crypto
Storage or normal handling or scald as you like, I will explain it
Storage is when you buy a bottomed coin and hold it for days or even months

How is it stored?

Storage is done by buying you currency, as I said at the bottom, and a trader first uses capital management, which I will explain later, and puts an amount of money for a deal. Storage in storage specifies three or four purchase points. Each point is below the first point, i.e. the buying area will be somewhat large between 15 % Up to 30% you buy every time and every drop of a little money in what is called consolidation in trading. Storage requires patience and does not use shifts in it because stoppages will be large and tire your balance goals in remote storage and it is recommended to use the daily or weekly analysis chart

Normal trading?

It is a type of trading in which the duration of a deal is not long, such as storage using a capital management that analyzes a deal and interferes with it with a stop. The stop must be equal to a target or half of it to ensure good capital management in the event of a stop hitting, meaning if a stop is hit and a target is hit, you will be a winner in trading Normal goals start from 5% and more. The analysis here is on 4, 1 hour and 30 minutes, and make sure of movement on large frames

Capital management and emotional management?

First, we start with capital management
Let's say you own a thousand dollars, the first thing you must do is divide the amount into four or five parts, and each division enters into one deal. He does not like to enter with your money in every deal because if the deal is hit, the stop will be a heavy loss, but if a deal or even two deals hit the stop, it will reduce The loss can be easily offset by the business plan in another transaction

Managing emotions and is the most important thing in trading?

You must know a loss. A type of profit in trading is a must. To live with it, you should not be affected, even if all your trades hit the stop, you must learn patience, as it is the key to success in this field. You must take things as a trading robot without emotions
If a stop has been hit before, it is not a top entry. If it rises, the action plan must be respected
If a storage deal was still remaining and did not hit the target, be patient with it because the market has ups and downs
Your affection should never be affected
Currencies are not your projects, do not go behind them or behind any deal. You are a hunter of opportunities

H2
H3
H4
3 columns
2 columns
1 column
2 Comments
Ecency