Topic: Follow the technique if you have zero trading knowledge in crypto - page 4. (Read 463 times)

Mere looking at your story, it is not clear and you need to clarify us about how you were able to jump into trading without any knowledge and you were able to know all these things. Sometimes successful traders do not like sharing there secret experience how they were able to attained the height they are now. Maybe the reason is not to inspire the new traders to be ready to learn and keep learning about the market. The market is very difficult to understand and if we don't plan well or study the market very well, we might not get to the level we tend to get to, making consistent profits from the market.

Those who trade a lot without even timing the market usually end up with huge and consistent losses while those who knows how to analyze and timing the market, they only got limited trades and still end up successful. So trading is not all about consistency, but trading knowledge and performance matter the most. Which I really think it's not possible for traders who are still new in the market and have zero knowledge in trading.

However, trading can be well mastered in time. And probably by that time, you will not just maximize your trades, but you end up trading with caution and trading when the market is favorable to trade.

Point #1
-Not all would really be having that patience on trying out to wait for long specially on a bear period and also we cant be sure on how long these negative news would pop out like mushrooms.
This is where they would really be making out those trading positions no matter what the trend is.

Point #2
-Always have that mind control or discipline because if you do mix up greed on the time that you do gamble then you are really that putting yourself on such
possible big trouble. Profit would really be just coming next if you are really just that knowledgeable on what you are doing. Dont rush up on everything then you
should really be just fine.

Point #3
-Always set those take profit line or prices or simply with those goals not unless if you are going for long term then this wont be bothersome but if you are really
that trying out to snip profits in short time then this is what you should gonna do but of course this isnt something that everyone
could easily grasps and does really need up that skills of you to do so.

You have used very few words but they have explained almost every trick and tip that are trader can use to increase their profit basically these three points are the main points that we all should know other we are you be or we are experts. Patience is the main factor that will lead us to success if we will not keep patience while doing trading we can't make any profit.

I have experienced this when I was new to trading I use to do over trading even when I have no need to. This always results in liquidating my account results in total loss.
You are right we should not try to gain extra profit or profit that are so imaginative that our selective coin can't even reach for example I recently selected some token and invested some small amount of my capital with the purpose of holding them for longer period of time.

I was planning to sell them when they will cross there ath again but those coins were not to cross their ath so I recognized that soon and realize that I should have book the profits that at least I can book right now, something is better than nothing.
This is known as shilling aur artificial methods to pump and dump the price of any token this is totally immoral and we all should avoid this practice even if we can utilize this method to make huge money. To avoid this we should be aware of the term fomo and how to control our feelings.

Or do not trade at all with funds you cannot afford to lose if you have zero trading knowledge for a start, until you learn how to trade. How about that? 
One can't use all those techniques if they have zero trading knowledge, or they will make some very serious mistakes.

I have been there too when I was a learner.

Op this is a perfect warning, many people will not hear this warning and continue their greediness to loss all. Well as they said, "experience is the best teacher". When I first started my trading, I first deposited the amount as dollar the converted it to Bitcoin in the trading platform and startes the trading. At first I got $20 and instead of me to withdraw the $20, I was expecting more from that trade and I lost everything in the trade. And I remember this thing from your statement. When one is so much expectancy then the end result is bad.

As I said before even though you set stop loss and take profit, you can still lost.

That's very true.

Just because you can trade, doesn't mean you should trade every minute. In fact, if you ask many successful traders why are they are so successful, they will tell you that they make only a few trades in a year that's why. Sometimes less is more and this applies to trading very well.

There are hundreds of assets which you can trade in countless ways. Short, long, leverage, spot trading etc. You don't have to know everything. You just need to learn one trick and learn it well and make money.

The best trades usually happen when there are big market movements. (crash, or ath)

This is impossible, you have to learn the basics like how you should buy and sell, different types of trading. Two of your three points seem to direct people to look at coins' performance from the fundamental side. You're inadvertently using this type of analysis, which is good for spot trading with longer time frames.

What is the market you started trading in 2017?

Zero knowledge about crypto trading and get 90% successful rate for your trading in this market, it's impossible and unbelievable. Because this market is volatile and run by news, by Bitcoin halving cycles and regulations on this market can affect it a lot.

If you are not experienced in this market, you will belong to most vulnerable traders and more easily to lose money.

I don't say you told lies but if you want to make your claim more convincing, please show proof. At least screenshots that are even hard to verify but with screenshots of your trading history, it's better than nothing.

If you are know in crypto trading you can follow it.
I started trading from 2017   


I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.

>> Remember sometimes not trading is part of trading so wait and wait for more bad news to come after the market is bearish and remember that time is the right time to look for buying and trading opportunities.

>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.

>> When you see the price increasing very quickly in a very short period of time and there are posts and discussions everywhere including social media that the price will increase, then refrain from catching any buys and trades and investigate the reasons for the price increase.