As newbie myself, I feel education is ONLY way. If we think that following others or using automatic system or just anything else is enough, then we are mistaken. We will not go anywhere through shortcuts and need to clearly understand that to be able to actually succeed.
I have learned from sites like Babypips, but now with FreshForex, it’s very cool with their 7-step educational guidance. So, learn and learn to earn and succeed.
Topic: Be a newbie trader. I avoided losing money. how? - page 2. (Read 2518 times)
don't enter when the situation is bad, follow the news developments online. especially those related to bitcoin information. I think this is very helpful because some big cases can shake the price of bitcoin. for now I'm not suggesting that you enter.
What if your bias won't be successful? You will lose money in trading even you want to avoid it. The tendency that we need to do at loss is holding. Afterwards, we cannot say that it will return or go down severely. We can cut our loss and be effective in trading, do not avoid loss in trading because it may put you to a great loss also. Try to have risk management.
The thing i can advise is that don't get greedy and alway put stop loss , Sometimes you stick between buying or selling , In that time you need to find out if you are getting too much risk or you can afford it if you loos in that trade?
a good start, please try ... But based on practice, that method is not very accurate. but it doesn't hurt you try it ... 
This is good of you to learn before getting into the trading. Acquiring more and more knowledge will make you a successful trader. But you also need some practice – theory often differs from the real-life situations on the market. I believe that the choice of a suitable trading platform is a part of successful trading. CEX would be an ideal option, especially for beginners. You can easily buy bitcoin with fiat there (https://cex.io/btc-eur), as well as other major cryptocurrencies. Wire transfer as a payment method is free of charge. I consider it to be the most convenient exchange for trading.
The digital asset market offers excellent profit percentages and you just need to not be greedy and withdraw money periodically
Lots of Research
Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$
Even with all that which you have mentioned, when it comes to losing money, which is not something that is avoidable. When making plans for trade, you have to consider when you are entering your position based on the signal you see, when you should be selling as well based on the signal you are looking at, and in the case of things not turning out as expected, where you want to be looking at stopping loss, which is the main reason why for every trader, there is a great importance to know how to manage risks, otherwise you will just be gambling your position back and forth in the market without a proper plan. Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$
Do plenty of research and find undervalued alt crypto currency https://youtu.be/A7EwZVOQ6BQ
When you are a newbie you can refer to something on tradingview.com
1.Technical:
RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.
2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands
These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading
1.Technical:
RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.
2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands
These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading
This is the very basic stuff that you can use in crypto, but you can only use RSI alone and you can profit a lot from it.
The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait
In recent scenario, better is to wait. Prices are now developing with very little sped but still they do. Don’t lose your heart in it. Good times are coming, though they will take time, but they will. It is essential that you spend some time firstly learning more about trading cryptocurrencies, and getting good knowledge about its skills. This field isn't totally safe, and it is involving a high level of risk, especially if you can't choose the right coins, or you can't analyze the market and the charts.
Like other earning sources of world, definitely when you intend to start something new, like a new business, you must learn about it. You have to grab every single essential information regarding this thing. If you don’t make it, you could never reach the level of success. How can someone supposed to make money from thing him or her even don’t know about?
I believe that trading without losses is impossible .. When you just start doing something, you need to feel the market.. And it's okay when you make some mistakes.. Now I try to use Trade Santa.. It wasn't so easy to configure the bot.. But today it works good.
The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait
This is the advice most of this year and it is only good with the holder but it doesn't work well with the trader. The market will definitely grow but the way to survive in the bad market with the limited capital of the newbie is important, this is very hard.
This is just the smallest part of the basics of technical analysis. In fact, a lot of tools. Theory is not enough, you need to have trading experience.
Lots of Research
Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$
This is only possible if you invest low and now is the time to do that. In addition, if you invest low and manage well, you will not loose money despite you being a new trader. It is that simple. Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$
The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait
This is the advice most of this year and it is only good with the holder but it doesn't work well with the trader. The market will definitely grow but the way to survive in the bad market with the limited capital of the newbie is important, this is very hard.
The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait
for newbie losing money is good but less , i learnt many things by losing money this will be bad but after some time we realize that this is what thought us good experience most valuable it will be like paying fee to market for learning everyone should pay this fee no one will escape
Probably the easiest way to avoid losing money as a newbie when you want to begin to trade is to avoid day trading, I see many newbies trying to day trade without understanding that you need to be exceptionally good to make any profits that way, at first it is better to make some trades that last for a few days that way you get to know the platform of your choice and the way the markets that you want to trade can move during certain hours.
better to practise with small amount in our first investment.we could take important lesson from market movement.and reevaluate to our analisys , is it already right or not. Jump to: