If you see this in your trading chart, PROCEED WITH CAUTION!

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#trading #crypto #adex

In this segment of the Crypto Lounge we use AdEx as a prime example of what happens when you let emotions drive your trades instead of sound trading principles. We see it time and time again in the crypto coin charts. A meteoric rise that gets everyone hyped and excited accompanied by promises of this coin being the one to go to the moon! You buy in while prices are high, confident its going to go higher because of what you are being told. It goes up a little more and you feel great! Then it starts to dip.... but that's ok because you are sitting on some profit. Shillers tells you to HODL. The coin proceeds to rise slightly and fall greatly over the next few months and you are still standing there holding your worthless coins because you let your emotions get involved. ENOUGH!

That is NOT how successful traders execute trades! Learn to do the chart work. Learn the basics of fundamental and technical analysis. Learn how to apply them into your trading plan. Learn how to protect your capital and have an exit strategy. Learn to take CONTROL of your trades instead of just gambling your hard earned money away.

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Crypto Trading
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