Most of the trading content you read on social media is garbage. Sure some blogs are good, but most are bad. Yes some tweets are mind-bending, but most are worthless.
You know this and have an inkling of what is good and what is garbage. The problem is it all goes in your head, stays there and mucks with your emotions.
Pretty soon you are no longer patiently waiting for setups. All that bad information that you can not unlearn mucks with your analysis and your emotions, and a bad trade is made.
Bad information leads to bad trades.
Create process that lead to good information. Good information pays it forward to good trades.
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12 comments:
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Traders should not panic and start practicing false trading . They can wisely seek advise from Financial Advisory Services providers to improve their performance in stock market.
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In my opinion, bad information leads to bad everything.
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That was one good example of acting on bad information.
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Price movements on cryptocurrencies like Bitcoin are affected mainly by news and market sentiment. These sudden movements can result in price changes which make cryptocurrency CFDs an exciting product for traders. Speculate which way the price of a cryptocurrency will go without the need for a wallet. Take advantage of price volatility by trading CFDs without actually owning the cryptocurrency.
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Whether it is good or bad, it can only be decided by the outcome.
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Could you make a short review on companies you'd recommend for newbies? Something like this instaforex review
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