Many successful speculators affects the ease with which a novice trader 's entry into the market opening deal near some dubious price levels, or near the "flat" prices. Quote quite closer to 1.2750, as immediately trader immediately presses the "buy" button.
Do not miss: The five key rules of successful investing in cryptocurrency
In this case, the market bears rage, dropping prices are not the first week with a maximum of 1.3470, but the young trader does not care. After all, he knows that it is worth the price closer to the level quotation how to begin a bullish movement. Moreover, the stop loss a trader "votknot" somewhere on the level of 1.2703, where it is virtually guaranteed to work, bringing with it the sadness and disappointment.
Remember that in a falling market you should look for an opportunity to make a short sale. And if you are going to make a purchase, then this should appear some objective reasons. The market will not stop just because you're going to enter into a transaction.
To make a purchase, you need to wait at least a local trend reversal. To do this, you need to know how to correctly determine the direction of the trend. Waiting for the turn, you can try to buy, cutting small enough protective level. If the quotes are in no hurry to grow, you are trying to make a deal too early. Remember that quotes only tend to grow, when someone from the big players begin to buy.