Trading without a stop loss: The capacity to absorb a loss and move on to the next deal is the most important talent that a trader must have. Failure to do so is the primary cause of trading losses.

Failure to maintain balance: Rebalancing can be difficult because it may require selling your best-performing asset class and increasing your investment in your worst-performing asset class. For many inexperienced investors, this type of contrarian move is quite tough.

Revenge Trading: When we lose money on investments, our natural tendency is to try to recover it. Sometimes the desire becomes so strong that we act irrationally.

Here is a link to some of the tools for cryptocurrency traders and investors. There are also five common mistakes made by beginning traders that you should avoid at all costs.

- Trading with borrowed funds.
- Trading without a stop loss
- Failing to maintain balance
- Adding to a losing trade
- Failing to keep a trading journal

Check : t h e n e w g l o b a l r e s e r v e. c o m

and have peace