SubscribeI already read a lot of articles about Bitcoin trading, but most of the strategies or method as less effective, I reckon. Can someone share the effective trading method to control our losses.
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Thread: How can we control our losses?
#1
I already read a lot of articles about Bitcoin trading, but most of the strategies or method as less effective, I reckon. Can someone share the effective trading method to control our losses.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#2
Always use Stop orders, and limit orders to be able to minimize your losses.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#3
Preventing such a precipitous loss of value was one of the primary goals of Bitreserve, the startup launched by Halsey Minor in late 2013. Unlike most of the community, the founder of CNET wanted to emphasize Bitcoin’s use as a mode of transmission rather than a store of value, which immediately put him at philosophical odds with purists and crypto-anarchists.
Bitreserve’s product strategy was to mimic the function of a Bitcoin wallet, while actually storing your coins’ value in your preferred fiat currency. Sending Bitcoin to a Bitreserve wallet would instantly peg it against, say, the US Dollar price at the time of transmission.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#4
Application of SL and Limit orders could help us to save some of our funds. However, we must not rely on it. It is better to find a way not to waste your money.Originally Posted by Mr. Cid
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#5
What I do is I set a maximum loss for my daily trading. I set it to an amount I can afford (meaning I won't be broke at the end). Once I reach that loss, I am done for the day. I won't be trading again just to make up for the loss because that could just increase my losses. Of course, I don't aim to reach that limit every day. If I could end the trading with earnings, then the better.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
It's the same with me. I read this technique from an article so I tried it. And thankfully, it really worked for me. My profit might not have increased but at least my losses were lessen.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#7
Wow. I think I'll have to try this technique too. I too have the tendency to trade more when I'm losing, so this might be helpful to lessen my losses.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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