The two-day event that was held under the theme, \u201cHow to Enter and Exit a Trade,\u201d was an epic showdown of the ANC Trading Community\u2019s live trading account on the big screen for newbie traders to see exactly how the community enters and exits a trade without being shaken out at the worst possible price.<\/p>\n\n\n\n At the end of the two-day live trading session, most traders exited their trades in profits, with the ANC Trading Community<\/a> hitting its earlier prediction of a bearish market.<\/p>\n\n\n\n Day one of the event, which was free for everyone, saw traders blowing out their accounts and making some losses after entering trades as the market went against them. Contrary to previous predictions, the market was bullish as a major news on the first day of trading caused the market to deviate.<\/p>\n\n\n\n At the end of the second day of live trading which was exclusive to members of the community, most of the traders exited their trades in profits as the markets were bearish, aligning with the community\u2019s previous forecast.<\/p>\n\n\n\n While the market was bearish and saw traders reap astounding profits, the market, on the second day of trading, however, retraced and failed to cross the resistant point earlier set. It played only within the support and resistant levels since day one despite the trend being an upward one.<\/p>\n\n\n\n The event drilled newbie, intermediate, and professional traders alike on the different opportunities available in the financial market. Ambe Nickson Che, Founder\/Managing Director of ANC Stock Investment on the first day of trading also offered some valuable advice on when to invest in digital assets including coins\u30fcthe future, not now.<\/p>\n\n\n\n \u201cBitcoin is becoming too stable, making it a risky investment now. Ethereum and other coins like Stellar, Solana, Cardano\u2026 are much better to invest in. A few months ago, Ethereum was trading at about $1,700 and now, it\u2019s trading at about $3,700.\u201d\u00a0<\/em><\/p>\n\n\n\n When it comes to investing, timing is very important as the seasoned investor points out.<\/p>\n\n\n\n \u201cWhen everybody is telling you not to invest in a certain coin, that\u2019s the best time to invest.\u201d<\/em> For one thing, the mindset of an investor is much like that of a business person. \u201cYou don\u2019t follow the crowd. Stand on your own. Don\u2019t go where everyone is going. Instead, go the opposite direction,\u201d <\/em>Ambe Nickson advised. <\/em><\/p>\n\n\n\n Venturing into the world of trading can be very exciting for newbie traders, which makes it a very risky venture. Ambe Nickson provided some practical tips to help traders mitigate some losses they may incur while trading. <\/p>\n\n\n\n According to Ambe Nickson, entering and exiting a trade is a daunting task, with most traders failing in the market because they lack the right strategies to enter and exit trades. <\/p>\n\n\n\n To remedy such an oversight, understanding your entry and exit points is paramount. One good strategy is to identify the trend of the market\u30fcuptrend or a downtrend. \u201cFor an uptrend market, you should enter a trade at either a support or a resistant point. You also want to buy at every support point and sell at every resistant point in a trade.\u201d<\/em><\/p>\n\n\n\n![\"\"](\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2021\/09\/241675566_339655527847067_7350624545036700859_n-1024x774.jpg\")
<\/figure>\n\n\n\nJoin the ANC Trading Community &\u00a0Become a Pro Trader<\/a><\/h5>\n\n\n\n
What went down at the two-day live trading session?<\/strong><\/h2>\n\n\n\n
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