Set your own guidelines and rules about when you bow out of a strategy. Many people put good money after bad, hoping for a turnaround. That's a gamble, that just raises anxiety. Additionally, if you are anxiety prone, long term investments are worth ...

Advice on managing anxiety

Scalping is a time consuming and risky way to make money imo. For example, there was a huge scalping market for new consoles when the PS5 and XBox X were released. A lot of groups made a lot of money with their bots and scalping. But, once ...

Scalping! Can it really be profitable in the long term?

Are you just rewriting my response?

How to Become Emotionless

I'm not convinced you can become totally emotionless. That said, becoming "emotionless" in forex trading—or any form of trading—essentially means learning how to manage your emotions so they don't impact your trading decisions. This is important ...

How to Become Emotionless

High leverage means more risk. It's as simple as that, in my mind. BUT, if you are getting returns commensurate with that risk, then it's not a bad thing - assuming you have the tolerance for the risk.

Is high leverage really bad for traders?

You can't "know" that it is a good point to buy. But in general you want to buy when it's low, or you think it's undervalued.

BTC increase