Hey guys welcome to the third crypto lesson this is a recap of the things that i've learned, so without further ado let's jump right in
1
Don't try to trade right in front of a big scheduled news event like a big announcement, because it's virtually impossible to predict how market participants will react to a news event.
Like a lot of times if you have really good news and it comes out and it's good news, if that already priced in if people have been buying in anticipation of that,
even though it's good news could actually go the opposite direction, it could actually go down, and there's a saying that says buy the rumor sell the news .
2
I don't try to pick tops in a market, i wait for the market to tell me when a trend is over.
And alot of time that means i don't get out at the exact top, but trading and investing isn't about being perfect it's about catching the meat of a move .
3
Don't beat yourself up about it when you do make a mistake.
If you jump out of a trade too early, or you buy instead of sell.
All of the hundreds of mistakes that you can and will make in trading, don't beat yourself up about it.
Just learn and try not to repeat the same mistake twice.
4
Price trends can go much further than anybody expects or what seems rational.
This is the end of Crypto Lessons hope it was helpful and you guys learned something and if you like it please up vote me and let me know what you think about it in the comment section.
Thanks for reading!
