Saturday, May 25, 2019

Successful Investing 'Words to Live By'

Only invest what you can afford to lose.

"This is the GOLDEN RULE of trading. I realize you probably heard this 100X by now, but the only reason why you’ve heard it so much is because it’s remarkably true.

Remember, if you’re investing money that you can’t afford to lose, then you’re simply trading out of desperation.

Trading with fear is one of the worst emotions you can carry with you. This will cause you to make careless mistakes. Fear will cause you to lose your patience. Fear will inevitably ruin your trades… so don’t do it!"--The Definitive Guide to Crypto Swing Trading

Don’t get greedy.  

"This is probably one of the toughest pillars to master. Once you stop trying to hit home runs all the time, and settle for a first or second base score, you’ll find yourself winning most of your trades." --The Definitive Guide to Crypto Swing Trading



 
"The time to buy is when there's blood in the streets, even if it is your own" -- Baron Philippe de Rothschild



  
"Money flows from the impatient to the patient"


Patience and impatience are triggers of entry into different worlds.

"Take the risk, or lose the chance"




"Have an exit strategy before you even enter a trade"




"Use trailing stops to secure profits"


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CRYPTOTRADING PRO: Trade for a Living with Time-tested Strategies, Tools and Risk Management Techniques, Contemporary Guide from the Beginner to the Pro


Having read the book, you will find out:
  • Reason why active cryptocurrency trading is now almost the best way to make money
  • Step-by-step plan of further development to get profit in a month, in six months and in a year
  • Specific earnings strategy: when you should buy and sell to make profit
  • Reason why simple techniques still work in cryptocurrency trading whereas they stopped to yield results on conventional exchanges
  • Key rules of reaping profits in cryptocurrency trading even on your first day on the exchange
  • Resources that help to puzzle out trading and give buy / sell tips