How And When To Enter A Trade? | Four Laws That Successful Traders Are Using | Wordsforsyou

To enter a trade you need to apply these four laws to your financial environment and trade, so the trader will get 80% profit and never in loss if the trader is following those laws, which is experienced by expert and successful traders, the law is…

 

Cryptocurrency

Cryptocurrency is not a currency it is software, where the owner or creators list their coin or token.

 

For Example, team coin or community coin, TUP (TenUpNation), Single creators, BTC(Bitcoin), creators name, Satoshi Nakamoto. What is cryptocurrency in detail?

 

Note: How Cryptocurrency is not a cryptocurrency?

Because these coins are not the coin of any country, those coins are of the owner or team who create and list them.

 

How To Enter A Trade?

 

To trade any coin you don’t need any rocket science, simply choose any exchange to trade any coin. Like, Binance exchange, Okex exchange.

 

Note: every exchange nearly have the same layout, features and in some exchange, some coins are listed and some are not.

 

I recommend and preferred to use Okex exchange. Because it is the world's 3^rd biggest exchange and there are more coins are listed on the Binance exchange, the choice is yours.

 

Why Okex is recommended rather than Binance?

Because there is no exchange which is regulated, so why, recommend, but the problem is that the Binance exchange claim that our exchange is regulated and their fees are increasing day by day, even they will liquidate or lock your balance, then you will be stuck.be safe.

 

According to our research, the expert said that to enter trade or crypto you need to know the four laws of Muhammad Safwan Khattak:

 

1. Information

2. Risk

3. Good investment

4. Holding power

 

Information

 

Information refers to news, like, if you wanted to buy or trade BTC. You need to know very well about BTC, Just type on Google “BTC” and then click on the news tool which is below the search option. From here you can find all the recent good and bad news about BTC.

 

The expensive thing in the world is trust, if you have trust in someone then you will give them money, but if you don’t have trust, then you will not.

 

So you will notice if there is the biggest bad news about BTC like china banned BTC or Crypto. So it means no more trust in BTC, now the buyers will sell their BTC.

 

Newcomers will also not buy and the price will go down, now when it reached the lowest so this is the time to buy BTC, and when it reached 40k or above from it and that is the time to sell it.

 

When it reached too low then buy BTC and then hold until it touches the 40sK or above from it. The best zone to buy is 30sK or below from it and the best zone to sell it is 4osK or above from it.

 

In simple words you will get the information from the insider, those news may be good or may or may not. Both types of news will impact it.

 

Risk

 

Risk refers to how much do you afford, those money is also related to loss. Like if you invest 1000 dollars and you take too much risk and after investing that money you lose all of the money or half of the money, and by this, you got any disease like Diabetes or heart attack, or any other.

 

In simple words I want to say invest money that you can afford to lose, those will also not affect on your financial environment, extra money from your salary.

 

Good Investment

 

Good investment refers to an investment that you are going to invest in. It means do the investment that you going to do will give you a profit, first, you need to do research about coins or stock I depend on you were you going to invest.

 

Note: To me, a good investment doesn’t mean a huge amount of money, it means the coin, currency, or any stocks, that you invested on it will give you a profit or not. So to know this you need to research.

 

Holding Power

 

Holding power means don’t be greedy or a loser. Like you invested 50 dollars on any company shares, coin, or currency and when you enter the market its price is 0.5 dollars but you know the price will going to be 1 dollar.

 

When it reached to 1 dollar then if someone is greedy he will I am not going to sell it that I target I will wait it is going higher and due to this greedy the price went down, and then he will “ohh what happened why I didn’t sell it now I am in lose”.

 

Loss meaning here is if you buy any coin, currency or shares of any company when you buy it the price of the one shares, currency or coin is 0.5 dollar after buying the price gone dump and now you are in loss and you sell all coins that I am going to lose too much money.

 

In reality, you need to wait because the price going back to 0.5 or much more from them because the loss and profit are strongly bonded with the market when we sell and the price again goes up and you will be like “ why I sell it “ that is how you are in loss. So in simple holding power is a must.

 

Summary

 

In simple words, I clear this that how to enter a trade, you need to follow these four laws if you are an expert or beginners trader, and after following this law you will become a successful trader.

 

Queries

 

What is cryptocurrency?

How to enter a trade?

What is trade?

Four laws by Muhammad safwan Khattak.

 

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