What new traders get wrong about building a strategy

B-cube.ai
3 min readNov 23, 2019

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This article contains promotion

When an enthusiastic newcomer starts to feel confident about his/her knowledge about trading in crypto, they think it’s time to make a trading strategy.

Frankly, we all know this never works the way we want.

We put together a combination of indicators or train our eyes to look for patterns, we think they are there. Then, it comes the execution. It works for the first trade.. then the second. We feel euphoria: “YES this is it! My strategy!”. We imagine the articles about ourselves on Forbes, the person who beat the market.

And then, we lose a trade. — “Okay, one trade is nothing, i’ve won the last two, so it’s nothing really..” Then we lose the next two too. Our account is in minus, the euphoria we felt a few days ago is long gone. This is the moment when the traders starts to question their strategy: “Maybe I should remove this indicator…”

Why all of us, traders go through this pattern?

When the homo sapiens had a real challenge to survive, this thinking pattern was quite useful. If our ancestor went home on the way in the forest, which was full of thorns and he hurt himself, the next time he chose another path.

Our minds are coded to avoid pain. This is the same reaction we give after a cluster of bad luck and it’s NATURAL. Never feel guilty if you ever go through this. We, as human beings cannot overwrite this code in our head to stop the behavior.

But, there are traders who trained themselves to be immune right?

Well, we read stories about traders who mastered to psychology and after they became consistently profitable. There are traders who are better in this, but they have at least 10 years of experience with different assets. I talked to many of these traders and they admit, there is no point in a trader’s career when they can be fully immune. The reason is, humans CANNOT turn off emotions.

Solution? Is the best trading strategy really to stop trading?

Multiple-award winning FinTech startup B-cube.ai has a real working solution: It is not a human, it is a computer.

Artificial Intelligence got pretty smart in recent years, and now we arrived to a point where we can predict next Bitcoin price moves with confident accuracy. They feed mathematical models into AI engine which provide us trading signals.

Isn’t it a scam? I’ve seen thousands of these on the Internet.

Proven records, won awards and a credible background says it isn’t. B-cube.ai is giving its signals to the public for FREE until the 31st of December 2019. During the last months of the year, everyone can test how credible they are.

Register on the page and be the part of the journey!

DISCLAIMER

Trading cryptocurrencies involves risk. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. Author, website or the company associated with them does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. Lastly, this article is not targeted at French citizens or residents.

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B-cube.ai
B-cube.ai

Written by B-cube.ai

Marketplace of AI-driven crypto trading bots which allows traders connecting to their favorite exchanges and start trading on auto-pilot.

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