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thetradingparrot
thetradingparrot

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Advice for beginners

Guys, bots are risky and behave like mental if you look at them in the short term.

A piece of advice, don't look at what they are doing every 5 mins!!!

Leave them alone for a minute....for F$%^ sake! :D

Many new users with little experience invest **too much too soon** then they see 10% down and freak up and decide to close everything and cancel all subscriptions :D

To be a successful trader, investor, bot master...you must have proper discipline and control your emotions. 

If you are having trouble with achieving that in the beginning, reach out to the members in this community.  We'll support each other.

Don't panic sell, don't close everything!

This bots and setup are a great opportunity but make a commitment to yourself that you'll be patient and disciplined.

And more than anything. Invest 1% of what you have in bots if its your first time. 

Don't ask: hey parrot, all I have in life is 1000 dollars is that enough? I have said million times: I only invest 10-20% in bots. You should be cautious: multiple types of investment, bot diversification as well.

Comments

Every RED i have experienced was either a STOP LOSS i left on a bot by accident or a sell of my own. The bots have never made me red to date. You just might be stuck in the coin for awhile.... its not a loss until you sell or they delist it!

100% true, I just leave them running, and check them once end of day, have been doing profits nicely

Panic selling will put you at risk of losing..

great advice thank you

Patience Pays, Don’t despair- be patient.


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