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Topic: dummy on Trading - page 2. (Read 428 times)

copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
June 01, 2020, 01:47:42 PM
#10
Hello
im new in Trading and just working with binance for exchange BTC to other crypto,
check signal on my way and sell them but i know this is a dummy way,

ALSO about how Trading I have read many articles that have been mostly in vain and have explained general information such as history, charts that are not useful.

im looking for useful info that i can use (like in binance)
any idea to prevent losing my time in between dummy article?

First of all you need to learn first the fundamental of trading in able for you to identify which are your so called dummy article and not. You can't verify it if you don't any basis on it, For starters I suggest that you download tradingview and browse live feed of idea there. Follow those user that already prove there skills which you can see on there profile. In trading, you will a lot of Technical analysis with complete text and graphical explanation that newbie can understand.

But if you are really serious to on trading and you want to become PRO then you need get a menthor or apply in online trading class. NEVER believe on signal group because its a trap. Your money will just suck by those who made the signal call because before they announced it, They already have a position on that particular coin.
full member
Activity: 1176
Merit: 162
June 01, 2020, 01:41:05 PM
#9
There is no such thing to prevent losing on trading, you will lose but to minimize it you need to set stop loss. It is better than losing a lot right. Especially on Binance futures if you are not setting up stop loss and you leave your position overnight open you are in danger and high risk of being liquidated considering leverage trading has more risk than spot trading and the market is very volatile.
legendary
Activity: 2884
Merit: 1117
June 01, 2020, 12:44:42 PM
#8
Well, I would say learning English a lot better is very important in this line of work. If you have great English, you would also read better and when you read better you would understand better. I have been trying to improve my English for a long time now so I know how it must feel when you read something and you think you understand but when you go back and reread it you realize you misunderstood the first time. All of that could hurt your trading if you misunderstand just one part of it, you might end up doing something wrong. So, the first thing you should do is study English better.

Secondly, there are tons of great traders in the wild right now, you should find them and follow what they are doing and why they are doing what they are doing, that way it could actually worth something.
newbie
Activity: 56
Merit: 0
June 01, 2020, 12:19:37 PM
#7
lots of you offer following news about coins, do you have an idea about which service has better announcement ?
ive follow Trandingview from my phone

im not rush in trading just want to skip general info which include in all article,
like more to know about sign, how draw line in charts, which tool will help me to work with charts ...
(im working with binance TOOLS but i know there are several simplest tools that you may know for me)
full member
Activity: 1498
Merit: 129
June 01, 2020, 09:53:02 AM
#6
You did not tell us if you are profiting from your so called dummy trading. If it is so, why not build on that instead of looking for strategies which might seem complicated to you in term of usage. I am not saying it is not good to learn trading strategies but you can also have your own strategy which might even be similar to some existing trading strategies such as Fibonacci and the rest. Binance is one of the best exchange platform in the world and I strongly believe you are in the right track
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
June 01, 2020, 09:40:19 AM
#5
If you want to become included and earn more a lot of profit with trading one of the basic things a trader must need is the knowledge that is good that you are taking time to read a lot of articles and news about the trading and the coin you want to use but again is careful because not all of the sources you get are quality or worthy because some of them are just not good content. In trading you cannot escape the phase of losing your money it is part of the trading and but still, there is a chance that you can avoid this kind of scenario. I'm a trader too in futures binance and it is easier for me to make the trade when I know what are the trends on the market graph also it is good if you know how to read the basic graphs in trading like the higher high, lower lows and etc. Next one of the most essential things you must need is the trading indicators it may help you a lot for the next movement of the coin if you are going to buy long or sell short. One of the riskiest things we can encounter in trading is the margin because it can be your friends sometimes it can be your enemy always know your limits if you think it is not good to make a trade make a skip if you know it is good to go a head, set the leverage that is you can afford. Again don't make a trade that you cannot afford else cause of liquidity and loss a lot of your income.
hero member
Activity: 2828
Merit: 518
June 01, 2020, 09:18:59 AM
#4
I don't think it was a dummy article or what you saying shit article.
Maybe you'll just be so rush to get what you wanted in life. Because it probably and most articles could actually be mentioning patience and I think this will make you upset.

In reality, you can't find a way to have an easier way of trading. And I believe that reading those articles would like to clear your mind and enlighten you up but it was so opposite. For you become tired of reading, searching helpful tips in trading, you are just closing the chances to develop and grow as well.
hero member
Activity: 2856
Merit: 667
June 01, 2020, 07:25:39 AM
#3
When you are just starting, don't expect that you'll master trading right away.

True, there's a lot of article online and not all of them are useful to you, but you need to keep searching to find information that would help you grow as a trader, continuously studying while learning from actual practice is the best solution to improve yourself as a trader, and I tell you, you need some patience as it will take time before you'll achieved the consistency you're looking for.
member
Activity: 135
Merit: 10
June 01, 2020, 07:05:13 AM
#2
Make sure you constantly follow the news about the coins you are trading and possible incidents that can affect prices. For starters, you can settle with lower risk lower reward trades. Profits will add up slower but steadier. Once you are familiar with the process and how to look out for news and analyze charts, you can go for bigger trades. Good luck!
newbie
Activity: 56
Merit: 0
June 01, 2020, 06:34:21 AM
#1
Hello
im new in Trading and just working with binance for exchange BTC to other crypto,
check signal on my way and sell them but i know this is a dummy way,

ALSO about how Trading I have read many articles that have been mostly in vain and have explained general information such as history, charts that are not useful.

im looking for useful info that i can use (like in binance)
any idea to prevent losing my time in between dummy article?
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