Busting #trading Myths
▻https://hackernoon.com/busting-trading-myths-e43b67e102fc?source=rss----3a8144eabfe3---4
A trader who wants to survive and prosper must control losses.With the emergence of cryptocurrencies, an enormous amount of unexperienced investors got into trading. It is not strange at all, then, that scammers saw it as their shining moment. As a result, hundreds if not thousands of telegram groups were created, promising a secret algorithm, let’s call it a miracle 2.0, that will multiply one’s returns by ten.As crazy as it may sound, many newcomers actually believe that successful traders have some secret knowledge that allows them to stay afloat, no matter what happens in the market. In reality, this fantasy only helps “filthy players” to make money on simple men, by increasing sales of advisory services and ready-made trading systems and bots.As Alexander Elder, a Russian-American (...)