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Topic: A good advice for every traders. - page 6. (Read 3635 times)

copper member
Activity: 126
Merit: 12
May 22, 2020, 06:07:25 PM
The main step should be traveled by beginners.

There are several steps that must be traveled by people who want to earn money in the field of digital currency
-Study Vigorous
-Approaching people who are experienced
-Dare in action
-Do not get tired
-Patience in waiting for success.

Trading depends on many factors that are not listed. We can't be outside of society, so it will still influence decision-making. Your wife's dissatisfaction with you may be sufficient to make a wrong decision in trading. So a lot depends on how we respond to difficulties that are not related to trade.

Yes, i am agree with you

Seems you have unforgettable experience bro
legendary
Activity: 2268
Merit: 1655
To the Moon
May 22, 2020, 02:39:35 PM
The main step should be traveled by beginners.

There are several steps that must be traveled by people who want to earn money in the field of digital currency
-Study Vigorous
-Approaching people who are experienced
-Dare in action
-Do not get tired
-Patience in waiting for success.

Trading depends on many factors that are not listed. We can't be outside of society, so it will still influence decision-making. Your wife's dissatisfaction with you may be sufficient to make a wrong decision in trading. So a lot depends on how we respond to difficulties that are not related to trade.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
May 22, 2020, 12:47:53 PM
Thanks for the list of advice mate, it is really different from other common advice from other people here. We have different ways to win the trading but actually those ways are not 100% sure win because there is no 100% in terms of trading as well as the gambling and the investing. It will only lessen the possibility of losing your money. If you have content on some of your ways, just continue doing it, and if you find out that those ways are not working anymore try to change some of your plans and strategies to learn more and try new techniques.
Every thing we do in trading and investing and gambling is always done with the strategies we use, including in the trades that we discuss, all also have their respective techniques so that what we learn will make us profit in trading at least our target 30 % for profit then I think that's pretty good in trading.

All is not free from risk but we must be able to rebuild after we fall what we have done.
full member
Activity: 742
Merit: 160
May 22, 2020, 05:20:17 AM
Thanks for the list of advice mate, it is really different from other common advice from other people here. We have different ways to win the trading but actually those ways are not 100% sure win because there is no 100% in terms of trading as well as the gambling and the investing. It will only lessen the possibility of losing your money. If you have content on some of your ways, just continue doing it, and if you find out that those ways are not working anymore try to change some of your plans and strategies to learn more and try new techniques.

I'm expecting to read a bit of repetitive advice here such as risk an amount you afford to lose, patience, don't put all eggs in one basket , etc. but those mentioned by the OP are by far do have sense compare to other threads created before which just stated obvious and common advice.
That's right, those advice ar every common to all of us, those are very familiar to us in terms of testing, the good thing is that there are other advice that the OP has given which is really good.
copper member
Activity: 262
Merit: 1
May 22, 2020, 03:22:07 AM
I execute it every day. I am in addition a newcomer at this time and I desire to trade enhance after a hardly any months as a result I sure to chart the directives of the before ones. They narrate you to hold on to a make a recording of your transactions every day for a round reason. at what time you lose, you calm down state to look after it therefore after 3 months, you will hold great to convert and take in someplace you went wrong. Besides, pleasing annotations shows that you are a considerably closely controlled anyone and it will set up a habit, it will get into you worship your happen as expected new and it will before long make up you added professional.

member
Activity: 136
Merit: 10
May 21, 2020, 02:09:08 PM
Good traders make decisions with relative ease because they understand their rules and what they are trading and looking for in the market. Their commitment to their trading plan and process is unshakable. The trader is a person who buys and sells financial instruments  in a financial trading market.
copper member
Activity: 126
Merit: 12
May 21, 2020, 09:40:01 AM
Recently, i am thinking how to mange the risk, this is the link about my thought. It may can help you Tongue

https://bitcointalksearch.org/topic/m.54473638
sr. member
Activity: 479
Merit: 250
https://streamies.io/
February 21, 2020, 09:30:56 AM
Thanks for sharing your experience you have suggested very good points and most important to me is your 3rd point to take profit and and stop losing any further.

Best of luck.
that is how a non greedy trader does,to keep profiting because the most problem of the investors is looking for higher profit even when market is starting to fall back.

also i wanna thank OP for this share as well because traders needs advise,either Old trader and New trader because sometimes when we are often in trading we are forgetting some rules that needed to be reminded to us.
Most newcomers are very greedy when investing in this market but after that time they will have more thoughts on this market. I think anyone is greedy and this is inevitable when participating. However, if you have an effective investment strategy, you should apply and always set the price to sell after buying to ensure profit. Of course, I not sure if this will help or not but this is my way to avoid greed in this market.
copper member
Activity: 126
Merit: 12
February 19, 2020, 10:42:49 PM
for people who have mastered the knowledge and experience in the trade because the trouble is only found after the tribulation. To get the science of trading enough to learn on the experience of the person who has done it, the key to success in trading is simply sincerity and mentally bold in trading.

yeah, just like a warrior!
sr. member
Activity: 420
Merit: 250
February 19, 2020, 03:16:29 PM
The main step should be traveled by beginners.

There are several steps that must be traveled by people who want to earn money in the field of digital currency
-Study Vigorous
-Approaching people who are experienced
-Dare in action
-Do not get tired
-Patience in waiting for success.
hero member
Activity: 1722
Merit: 508
February 19, 2020, 03:06:04 PM
for people who have mastered the knowledge and experience in the trade because the trouble is only found after the tribulation. To get the science of trading enough to learn on the experience of the person who has done it, the key to success in trading is simply sincerity and mentally bold in trading.
sr. member
Activity: 420
Merit: 250
February 19, 2020, 03:05:21 PM
In this life, everything is hard, if it is too thoughtful, and everything will change to be easy if enjoyed and lived slowly. I think the trade was only difficult for people who did not master the science of trade and did not have Experience in the field of trade, and it will be easy .
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 19, 2020, 08:35:22 AM
Thanks for sharing your experience you have suggested very good points and most important to me is your 3rd point to take profit and and stop losing any further.

Best of luck.
that is how a non greedy trader does,to keep profiting because the most problem of the investors is looking for higher profit even when market is starting to fall back.

also i wanna thank OP for this share as well because traders needs advise,either Old trader and New trader because sometimes when we are often in trading we are forgetting some rules that needed to be reminded to us.
newbie
Activity: 24
Merit: 1
February 19, 2020, 07:53:46 AM
Thanks for sharing your experience you have suggested very good points and most important to me is your 3rd point to take profit and and stop losing any further.

Best of luck.
hero member
Activity: 1722
Merit: 528
February 19, 2020, 05:17:37 AM
It is important for investors to remind always, as a crypto member, it is always our moral obligation to at least help each other as we also don't want someone to be a victim of scam or any kinds of fraud.  We've been there before and with the help of other people, we learned, if not for other people maybe we are still investing in new projects, trying and trying our best.

That is the reason why we should be sharing some of those here.

A lot of people are creating a thread here about these scams so investors should be wary of the dangers they have in investing in cryptocurrency. Another thing is that it is common in this market so we should be extra careful. As an investor, before we put our money into risk, we should know what risks are we taking that is why I am always talking about investors should always read and never stop gaining more knowledge about this.
sr. member
Activity: 1610
Merit: 372
February 18, 2020, 06:04:58 PM
To understand whether your logic works or not, you simply have to analyze your actions in a long time frame. It will be very useful to keep a history of your thinking at the time of opening and closing deals.
Your brain constantly analyzes incoming information, therefore, in the process of the transaction itself, your decision may change several times due to new incoming data.
But most of this data is white noise, which interferes with thinking and is confusing. The analysis methodology will help to identify the right thoughts that help you clearly identify your correct actions
and thoughts of parasites that lead to errors and increase the error of your calculations. After analyzing your actions for a certain long time, you can say what you are doing right and what not.
As far as I know, a very small number of traders are engaged in such things.


full member
Activity: 657
Merit: 100
February 16, 2020, 10:36:33 AM
"Invest only what you are afford to loose."
This was the first advice I had got from my teacher and will tell the same thing to everyone whose trying to start trading in any manner.

Go with your instincts. Logic is not perfect.

From your submission above you strongly believe that what ever trade you place you have a mind that you will lose your trade. If truly that if what you were thought and you believe it then you are trading like playing gambling.
And you should stop go and find other investment since you are not confident with what you are doing. Though, the message is right invest the amount that you can afford to lose and forget so in case you mistakenly choose your position and things didn't materialize you can easily go and find another to try your luck once again.
This tricks is recommendation by every experienced traders for beginners because money management and risk management must be follow in trading does not matter beginners and professional traders. Crypto mentor is needed but not necessarily to someone physically helped you, specially for your supports youtube,blogs,books.
full member
Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
February 16, 2020, 02:39:22 AM
In the world of trading, many professional traders are also have their mistakes in trading even they know the trading logic. The digital currencies are intangible so that we can't control the price in every rate, once we input our money in trading platform we can't control it. Since we trade digital currencies they are also volatile and can change the value of currencies it may go up or down from time to time. So that even we know the way in trading platform we need to take a risk always, because we don't know if the price will go up rapidly.
full member
Activity: 812
Merit: 104
🎄 Allah is The Best Planner 🥀
February 11, 2020, 10:51:41 AM
One way technique for trader always use your money for investing with several potential coin and never invest and hold only with one coin, I think if you have 1 bitcoin you can invest several altcoin kinds and use 0,1 btc each your coin investing, maybe take worth for getting profit and stop lost when your coin assets not reach with higher price.

combining to invest in some potential coins can certainly vary the profits we will get. the profit we get from trading will indeed be better used to buy back some potential coins so that it can be interesting to multiply the bigger profits

That is one of the major aspects we should consider it in trading, after making some profit we should hold them and look out for the other best coins which we can buy them when their prices are low, in this way, we can average them to make bigger profits in the market.

Yes we all got to be considered when it involves business, but what's most needed is the catch you've got to figure to regulate your emotions you ought to always attempt to hold on to trading because nobody can say when a currency will rise. There are many folks who don't believe holding. a piece of honest advice for each trader is to research and trade in different places.
hero member
Activity: 1372
Merit: 564
February 02, 2020, 01:50:22 PM
For every single trader, these are very basic logic, if you don't do any of these you've been doing very wrong so far. I agree with every single step OP has talked about because these are basically the most important trading parts, without any of them you're looking at a trading that has no purpose and you'd never know what to do with your next trading since you haven't learned your lessons. So do these things but don't think they're going to be enough, they're just the most simple naked stuff you've got to do without putting anything on top of it, you're doing these things but then you're adding what you're doing and making it better and better the more you're dealing.

This is a very good advice. Having a mistake and having a loss in trading is inevitable, we cannot stop that thing to happen but we can minimize it soon , as long as we know how to trade and we understand the market. We need to learn in order for us to minimize the losses . We need to take risk in everything so that it could be a good lesson to us, whether we lose or we win.
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