BUY high sell low ? - page 7. | Bitcointalksearch.org

R519sg

newbie

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Quote from: Savemore on November 28, 2017, 06:24:17 AM

Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I am sure that idiot traders are doing that very wrong strategy. I believe that they are always panicking if they see that the market is red. We can consider ourselves as a good trader if we can control our emotion to make food strategies.

I agree with you that emotion is one of the reasons for the adoption of incorrect decisions. But how to get rid of them? Can meditation in the morning or sport?

tenkuna

jr. member

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I think this is a problem that everyone involved in tradecoin have encountered at least once, oh that is a normal thing, and since then we have experience to be able to make a profit.

Savemore

sr. member

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Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I am sure that idiot traders are doing that very wrong strategy. I believe that they are always panicking if they see that the market is red. We can consider ourselves as a good trader if we can control our emotion to make food strategies.

redsun114

hero member

Activity: 2674

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

very first do not get up on pc too much. Just buy then purchase sell with price you would like then stop. Marketplace will increase because crypto continues to be new for everyone

There is no doubt that bitcoin is the one which recovers its lost prices damn easily and this shows that bitcoin is the one which is highly supported by too many people who are involved with digital currencies. No need to get panicked when bitcoin is decreasing in value because it is all the time recovering with greater speed. Bitcoin is always pumping hard than it dumps.

marsmyname

member

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Quote from: ?? on ??

Most people buying Higher and promoting reduced do this from ignorance. I don't think they know of buying the tops, probably hoping it will skyrocket more for quick profit, not knowing it's about to get rid of on them

People do so when they are not much aware of the currencies and really they are doing trading. This thing is most of the times done by newcomers just because they are not aware of the market trends and prices. They usually sell off low when the coin they have invested in is going down in value. Newcomers do panic selling just because they think the coin is not going to recover price and they will be in loss.

HariiPKB

member

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Merit: 10

Quote from: Wonder_woman on November 27, 2017, 08:05:38 AM

When it comes to emotions in about price low or sell there are many traders who are weak when it comes in that situation. Why? They are afraid of lose more but they are not thinking that they are more lose more than what they think.

But withoud weak hand traders, this crypto trading will not popular because mot many people will get profit when market bump or dump. Grin

Adioliver

full member

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In trading all you need is a great amount of patience and confidence in the altcoin you invest,and off course self-confidence.Many newbies buy altcoins without studying it's dump and pump and do a mistake of buying it when the prices are high.And when they see the price fall(which is normal in cryptoworld of which these newbies are not aware of) they panic and sell everything resulting a loss in what they invested.I would advice all newbies to do your own research and take your own time.

R519sg

newbie

Activity: 30

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The less you risk per trade so you will be calmer, at least for me. One thing you know will lose 1% of the Deposit or 5-10% difference is huge.

GubiMixa1292

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⚽️⚽️FIFA Fan Battle Toke

Quote from: echcon271 on November 27, 2017, 07:06:16 AM

Is there any book for coin trading? Can I read Forex books instead?

Forex is similar to crypto, but in only 1 case that when bitcoin price is sideway. And when bitcoin start bump or dump then no lesson is correct.

Iambatman

member

Activity: 171

Merit: 12

yes i want to know to how too how to trade and sell

Johnzky

member

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Quote from: BrewMaster on June 22, 2017, 12:00:05 PM

how to control this ?
it is simple, stop doing random stuff and call it trading!

people usually just buy things they think are good or worse things that some random dude told them are good, not because they analyzed them and came to the conclusion that it is a good idea to invest. so it becomes a gamble at some point. and as long as it is a gamble, you can't know which way it will go.

good point mate thats what happening most of the time relying on someone or in a sinple views or sights on specific coin and they called it trading,

Make a good sight and better research first before going to trade.and dont just listen to those telling you about this one is best to earn.make your own and believe the coin you will be choosing

lucy1215

member

Activity: 105

Merit: 100

Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

As basic rule in trading we should buy low and sell high. We will going to loose our investment if we will buy high and sell low everybody whose in investing doesn’t want to loose our hard earned money. We have to control our emotions in investing if our investment is negative all we have to do is just hold it and let us wait for our investment to have a higher value and do not panic because crypto market is too volatile and we have to deal with it. Let us be patient and hold i am sure that pur investment will earn a good profit in the long run.

Wonder_woman

full member

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I am hired and not own by any Team!

When it comes to emotions in about price low or sell there are many traders who are weak when it comes in that situation. Why? They are afraid of lose more but they are not thinking that they are more lose more than what they think.

dimonstration

hero member

Activity: 2674

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Dimon69

Quote from: Rebisco on November 27, 2017, 07:13:49 AM

Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

That is one of the mistakes of the noob traders. Noob traders are panicking when they are doing trader. Panicking is the reason why they are losing their money in the trading.

taking that mistake because they are make panicking while in trading so better to avoid panicking so you are not now make some looses like you have made buy it in a high price then sell it in a low price cause even you buy that coin in the high price but always make sure you sell also in a high price.

Rebisco

full member

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Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

That is one of the mistakes of the noob traders. Noob traders are panicking when they are doing trader. Panicking is the reason why they are losing their money in the trading.

echcon271

newbie

Activity: 19

Merit: 0

Is there any book for coin trading? Can I read Forex books instead?

MRY

full member

Activity: 560

Merit: 109

Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

the basis of trading is buy low and sell high but sometimes traders become panic when the price suddenly goes down and they can not control the emotions then sell it but actually by selling at a low price will actually make them a loss so what is needed is patience

JollySkipper

full member

Activity: 136

Merit: 100

Quote from: ItchyIrish on June 22, 2017, 11:25:07 AM

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

Traders have a lot of experience and probably have lost money. In order to be a trader you need a good nerve, if you don't have it you can't do it.
Remember never invest what you are not effort to loose.
Buy only cryptos you trust the project and the team, never invest to cryptos you don't trust or you don't know well!

tbterryboy

sr. member

Activity: 1988

Merit: 322

Quote from: SirLancelot on November 22, 2017, 07:52:20 AM

Quote from: cryptician12 on November 13, 2017, 10:40:07 AM

Emotions emotions emotions! Impossible to get rid of them... maximum you can do is to learn to control them. Sometime I make the same mistake even though i'm not a novice trader. But i'm still working on myself Cheesy

My advice (what's working for me).... write your set of trading rules on a piece of paper and stick it somewhere in front of you!!! Sounds stupid, but works. At a minimum you should three things.
1. where you will fix your profit (i'd say the profit potential should be at least twice as big as the loss you are willing to tolerate).
2. where you will fix your loss (do not less losses run).
3. reason for entering a trade (make sure the reason is not an emotional factor).

... and stick to your piece of paper!!!

When you have experience more than one year then this emotion kind of thing don’t bother investor and still you are new that’s why you are facing these panicking problem and soon as you will become more confident this habit will leave you just stick to your strategy and have faith in bitcoin that it will not let you down and all the dreams will come true and try to buy at low and sell at high this will give you more profit.

The thing is if you are having this habit of buying the bitcoins at higher price and then selling them at lower market price, then I am afraid that you will soon end up having a huge amount of loss. If you really to make something good out of the money which you invested, then you have to go other way round. You need to be smart enough so that you may be able to make right decision at the very right time.

elloco4ever

sr. member

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Quote from: eloymjb on November 27, 2017, 12:18:23 AM

your money will surely lost if you do that buy high sell low. better to hold from now than to lost our money. all altcoins being dump because of the upcoming and high demand on bitcoin. people all know about this. better to read article about that.

We cannot predict anything with this kind of strong words my friend as you never know the potential of altcoins and many used to say the same thing about bitcoin during the end of 2015 saying it will crash or will be banned and all sort of stories as you know it's a competitive market and if the investors or a big corporate finds worth in altcoins and adopt it then the value will shoot up in a fortnight.

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