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Topic: Follow the technique if you have zero trading knowledge in crypto (Read 518 times)

legendary
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If TA and other trading tools are only somewhat important, than what exactly you find the most relevant and essential for a profitable trading? I agree, that knowledge is the first thing to start with when it comes to trading. However, most knowledge is gained through experience in this case. And if you don't begin to actually trade, your knowledge will remain only theoretical and unproved.

Yes, indeed, no amount of knowledge will help you in trading if you do not have the proper experience. It is for this reason that beginners continue to lose their money, despite the fact that they have made every effort to gain knowledge. But undoubtedly, they still have more chances over time to trade profitably, which cannot be said about those who have neither knowledge nor experience.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
It is also one of the rules of trading that trade by understanding the market conditions. Even if the conditions are bad, if one trades, he must lose everything.  It is better to keep your mind away from trades and train when the situation is good. Also, excessive greed can never bring good things, so one should be satisfied with little without trading repeatedly in the hope of huge profits. And one should understand the market situation, when to buy.  And when to sell.  And nothing changes overnight.  So first you need to know why the price is rising suddenly then you need to know if it is really true and only then you need to trade.
To avoid losing a lot, one must have to go deeper and understand the market behavior.
Upon trying to trade with ZERO knowledge we are just like going to gamble and hoping for luck, not a chance. With the unpredictable trend of the market, one simply it needs to have deep knowledge and it is highly required in trading, or else, better not to pursue it because it only leads to sad ends. 

Knowing to buy and knowing to sell is not enough for me. TA and other trading tools are somewhat important because this is the way it help to improve our profitable chances.
Even if it is true that TA is not everything, it should be the starting point for everyone that is trying to become a trader, and this is because even if TA is not completely effective, it is the best tool we have at our disposal and it is doubtful this is going to change, besides the rest of the skills which are necessary to become a good trader have to do with your execution and with your experience, and that is something that you can only acquire by actually trading the markets.
hero member
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TA and other trading tools are somewhat important because this is the way it help to improve our profitable chances.

If TA and other trading tools are only somewhat important, than what exactly you find the most relevant and essential for a profitable trading? I agree, that knowledge is the first thing to start with when it comes to trading. However, most knowledge is gained through experience in this case. And if you don't begin to actually trade, your knowledge will remain only theoretical and unproved.
sr. member
Activity: 2828
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It is also one of the rules of trading that trade by understanding the market conditions. Even if the conditions are bad, if one trades, he must lose everything.  It is better to keep your mind away from trades and train when the situation is good. Also, excessive greed can never bring good things, so one should be satisfied with little without trading repeatedly in the hope of huge profits. And one should understand the market situation, when to buy.  And when to sell.  And nothing changes overnight.  So first you need to know why the price is rising suddenly then you need to know if it is really true and only then you need to trade.
To avoid losing a lot, one must have to go deeper and understand the market behavior.
Upon trying to trade with ZERO knowledge we are just like going to gamble and hoping for luck, not a chance. With the unpredictable trend of the market, one simply it needs to have deep knowledge and it is highly required in trading, or else, better not to pursue it because it only leads to sad ends. 

Knowing to buy and knowing to sell is not enough for me. TA and other trading tools are somewhat important because this is the way it help to improve our profitable chances.
sr. member
Activity: 1274
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Vave.com - Crypto Casino
It is also one of the rules of trading that trade by understanding the market conditions. Even if the conditions are bad, if one trades, he must lose everything.  It is better to keep your mind away from trades and train when the situation is good. Also, excessive greed can never bring good things, so one should be satisfied with little without trading repeatedly in the hope of huge profits. And one should understand the market situation, when to buy.  And when to sell.  And nothing changes overnight.  So first you need to know why the price is rising suddenly then you need to know if it is really true and only then you need to trade.
hero member
Activity: 504
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Techniques are actually useless if you have no sufficient information how to use them. So yes, it's always better to educate yourself first and gain more knowledge and insights regarding bitcoin investing and trading, before you risk your time and capital in trading.

Trading is hard most especially for those who are still starting to trade, otherwise you will end up trading like gambling and eventually lose all your capital.

I would say regarding the time it is not risking, it is investing. Even if you find out in the process that trading is not your kind of thing, those knowledge won't be something superfluous and unnecessary. Trading could open your eyes on the way the market works, it could teach you to look deeply into the problem and analyse complicated phenomenons.
full member
Activity: 165
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[quote author=Maslate
Techniques are actually useless if you have no sufficient information how to use them. So yes, it's always better to educate yourself first and gain more knowledge and insights regarding bitcoin investing and trading, before you risk your time and capital in trading.
[/quote]
Nowadays, this capital can be used as the first tool in trading relations, although some people do not consider it to be the initial form of the problem, but the reality is that now the knowledge of someone who is already passionate about trading, if there is no capital, it will really be difficult for him who has a lot of capital. Those who have become involved in trading will still be unable to compete with those who do not have much experience but have a lot of capital in their pockets.
hero member
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I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.

Follow appropriate techniques If you want to continue enjoying the profits runs and no stopping to milking from the system. Knowing nothing about the market means that one should not trade any coin or invest in any project because he or she has yet to discover the core information. There will be numerous mistakes made, so the best way to avoid it is to avoid crypto and first and foremost learn before you earn. Knowledge is the primary foundation required to advance in cryptocurrency; without basic and legitimate information, trading and other crypto ventures are deemed insufficient.



Techniques are actually useless if you have no sufficient information how to use them. So yes, it's always better to educate yourself first and gain more knowledge and insights regarding bitcoin investing and trading, before you risk your time and capital in trading.

Trading is hard most especially for those who are still starting to trade, otherwise you will end up trading like gambling and eventually lose all your capital.
hero member
Activity: 2940
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Winding down.
If you have zero trading knowledge in crypto, don't resort into following trading techniques because it won't still be successful, but never trade instead so you can save your capital from losing.

Trading requires high knowledge and skills, if you think you don't have what it takes to trade profitably, then delay your trading plans and just settle on investing.
full member
Activity: 448
Merit: 130

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

I've seen many people trade for years and never make a profit. I don't think anyone has ever been able to trading with zero knowledge, but you were very exceptional and lucky in that regard. I don't have much experience in trading, where I live I have a neighbor who trades regularly. I talk to him regularly, he told me one day that he made a lot of profit by trading for two to three days. But the next day I heard the opposite news, he had lost some extra money along with all the gains he had made. One thing I realized was that he couldn't control himself by getting greedy for high profits in short term investments so he lost all his money. The biggest thing is that mind set is very important for trading.
sr. member
Activity: 364
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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.

I don't have much experience in trading but I follow this strategy most of the time like you. I never keep myself calm on the trading platform I always trade keeping myself calm on the trading platform. Especially now I am connected to the trading platform for a long period of time I never have time on the trading platform I always trade on the trading platform with short periods of time. Especially never be greedy in trading platform whenever a person is greedy in trading platform that person will lose money from trading platform and will be in loss. So first of all you have to get rid of greed to start trading. Also never trade with emotion on trading platform, trading with emotion will make you lose money from trading.
hero member
Activity: 2884
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If you have zero trading knowledge, then following some techniques that you don't hold guarantees if they are effective or not will only increase the risk of losing in trading. That's why before you engage in trading, see to it that you have prior knowledge and even some skills related to trading, otherwise you will only trade without no clear goal, but end up wasting your energy and money in trading.

I don't really get what is OP is trying to say here, but one thing I'm certain, no trading knowledge when trading is a red flag and should always be discouraged.
Even just a low level of knowledge is a red flag too, it seems to me a lot of people really do not understand the nature of the markets at all, it seems they just think of trading as a game in which they can make some money, but they do not realize that behind every single movement in the market there are people like them that are also trying to make money, and if they are no better than the average trader then they will have no chance to earn anything at all, since any money that you make on the markets is money that previously belonged to someone else and that you just happened to outsmart.
hero member
Activity: 3010
Merit: 666
If you have zero trading knowledge, then following some techniques that you don't hold guarantees if they are effective or not will only increase the risk of losing in trading. That's why before you engage in trading, see to it that you have prior knowledge and even some skills related to trading, otherwise you will only trade without no clear goal, but end up wasting your energy and money in trading.

I don't really get what is OP is trying to say here, but one thing I'm certain, no trading knowledge when trading is a red flag and should always be discouraged.
legendary
Activity: 3108
Merit: 1290
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what techniques do you use in trading or what indicators do you use in trading. can share the portfolio, if it's good, I might be interested in learning what indicators to use.

If trading without any knowledge at all, it's better to start with copy trade, don't trade right away, what's more big capital. or you can use a demo account first in MT4 forex market cypto there is also really.
I prefer to create a demo account first so you can test the techniques all you want. Either it will be a failure or not, at least you know as to where its heading. But even in trading with demo account, prior knowledge in trading is still important. Trading is not suitable for those who are still in the position of acquiring knowledge as trading is all about skills and enhanced strategies to expect positive outcome from trading. If you think you don't have that, better to focus first on long term hodling.

After all, long term hodling still promise huge amount of profits. A lot of traders turn into long term hodling and still end up successful as long as patience and determination is always present.
hero member
Activity: 2982
Merit: 610
It is simply said that we all have differences and even if I follow your steps or technique in trading OP, I was certain that the results are different. WHY? That will matter in our decision, especially in critical times and I can't borrow your mind to think for me on behalf but rather make mine.

If you succeed in trading, then congratulations. I will tell you that only a few traders have gained success in trading and this is because
 - knowledge level
 - mindset
 - market approach
full member
Activity: 784
Merit: 115
Many people start trading without knowing about trading, including when I first started trading. Only some people can determine the right time to look for buy and sell opportunities in trading. What you share needs to be tried continuously so that they can find the time to trade. And if it is altcoin trading, it is not easy to find the time to trade because the downturn of an altcoin can happen several times before it hits its lowest price and it is difficult to rise again.

But if it is bitcoin trading, you can buy bitcoin if the percentage decline looks large. After you buy, you need to hold it until the price rises. Even though the price remains in the low area if it is bitcoin, the price will bounce up, and that's when you can sell the bitcoin and make a profit. But you can't rely on it for trading because you need to learn a lot about trading to get bigger profits.
sr. member
Activity: 658
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I was zero knowledge with crypto trading  but Believe me my 90% trade was successfully profit gainer with just maintenance following technique.
Everyone in the beginning has zero knowledge about trading but with time they can learn about the trading in the earlier stages it is very difficult to protect your self from loss and you did I appreciate it.

Quote
>> 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.
Yes this the right thing most people can say for the time and in doing hurry they face loss they did not about that trading is the name of tolerance and waiting,  the more you show patience the more you will be getting profit.

Quote
>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.
This is what we call emotions.  Emotion will give you a huge dump when you show any nature like greed or fear but most people are hunted by greedy nature and they want more and more. If some buddy controls its nature then will become a good trader.

Quote
>> 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.
Sometimes whales or a group of people start speculation on social media and share positive or negative news related to the market.  People who did not do any research or confirm the news face losses,  so in trading you can personally follow this one to confirm the news first and then do any thing that is suitable to that condition.
full member
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I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
Everyone certainly starts from zero knowledge. But what is certain is that if you want to be successful in trading, whatever it is, you still have to learn from various sources. it doesn't have to be in class but anywhere and from any source. The point is that learning is very important, not only to increase knowledge but also insight into several things related to trading. Including what you said, it's all a process of learning, it's not that without knowledge you can be successful. This is quite risky when trading without any consideration or background.
legendary
Activity: 2268
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To the Moon
One should have enough knowledge about crypto currency trading then start trading crypto currency. I myself have seen crypto currency trading and taking time to check the market, crypto currency trading is successful. When we trade something, we certainly don't think of getting rich overnight. You have to trade with patience for long term with time.

Knowing all these trading recommendations will be useless without practical application. And not all traders perform them flawlessly, which certainly leads to losses. But if it were necessary to compile a more or less complete methodological manual for trading, it would definitely be more than the three recommendations that the OP presented.
hero member
Activity: 980
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Money management , I believe it's the only key for success in crypto trading or any other market, the difference between markets is the volatility. The problem with new traders is greed, starting with a very low capital and trying to make 2x or even more of their capital which means dealing with a very high risk.
Crypto is a very risky world, putting or buying a cryptocurrency without any knowledge about it is gambling, you can't know when that coin is going to go up or down with the possibility of rug pulls and the price going to 0. And not everyone is aware that trading with low risk and low volatility cryptocurrencies is way better.

You can't say it's easy to make profit or even keep your capital the same without knowledge, if it's not losing for the market, there's a high chance you get scammed or lose your wallet as a newbie. So my advice is trade with low risk and go for Bitcoin.


hero member
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Op, your point is just like saying one should be greedy when others are fearful and fearful when others are greedy.
Trading is a waiting game which requires a discipline mind to succeed in this industry, and secondly, you have to be patient and patient again with your trading set up and for your terms and conditions for taking a trade to be met. A lot of traders avoid the market when it's bleeding and buy when it's green, but the best opportunity to buy is during the market dip.
sr. member
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-snip-
If trading without any knowledge at all, it's better to start with copy trade, don't trade right away, what's more big capital. or you can use a demo account first in MT4 forex market cypto there is also really.
Copy trading for beginners and no knowledge at all?
Are you sure about that advice?

However, Copy Trading is not for use by beginners who don't even know any trading knowledge.
Copy trading requires understanding how to use trading tools well, and it takes a strategy on how to manage capital to be used, not easy and not for beginners.
And yes, let alone the large capital, it is not recommended.

What needs to be done first if it is without trading knowledge, Understand and learn about trading, what are the terms and how to use the available indicators.
That's just the right move and using a demo account can be a solution as well, but it's better to use a crypto trading demo account to suit the purpose of trading to be done in crypto.
Whenever they do seomeone who had been that been influenced with those kind of advises on taking up some copy trading neither discovered by himself or did really hear out on others people then they would be likely on getting out that kind of assumption. Having some zero knowledge would really be that normally be leading you into that situation on which you would really be finding out yourself on finding on ways and methods on which  you would really be having those kind of profitabilities on making some money. Its not simple but its not really that something that cant be possible. It is really just that there are people who
dont really mind out on the things that they are currently dealing with but rather they are really that going or after into those things on which they do know that they could really make
money in. So it would be always your own choice and call on how things should be dealt up with.
hero member
Activity: 3052
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These techniques will never be known and would hardly be understood if you have zero knowledge in trading. It takes education and good market assessment or analysis before you can start to trade, otherwise you are only trading for no significance. While trading needs more developed skills and strategies, patience and consistency in the market greatly matters as well.

That is why it's hard to teach certain techniques when you don't understand what you are doing in the first place. DYOR is the key.
hero member
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Most time I uses moving averages and other indicators to know what the market is likely to do next. This is one of the way we can make profits from the market without following fundamentals. If we are very good at using indicators to trade, we can be making some profits in the market without necessarily waiting for fundamentals for us to enter to enter the market. We need to be consistent in the techniques we use to trade and adjusting them to suit our mode of profits is what is going to help our be a consistent and profitable trader.

The problem with MA is the same as with most indicators. They show data based on previous information. Yes, it can be used for some sort of predictions, but one always has to remember, that it doesn't mirror the future. The market repeats itself from time to time, however, we can not be sure, when exactly this will happen. We have to observe and analyse, and not count only on indicators.
sr. member
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what techniques do you use in trading or what indicators do you use in trading. can share the portfolio, if it's good, I might be interested in learning what indicators to use.

If trading without any knowledge at all, it's better to start with copy trade, don't trade right away, what's more big capital. or you can use a demo account first in MT4 forex market cypto there is also really.
Most time I uses moving averages and other indicators to know what the market is likely to do next. This is one of the way we can make profits from the market without following fundamentals. If we are very good at using indicators to trade, we can be making some profits in the market without necessarily waiting for fundamentals for us to enter to enter the market. We need to be consistent in the techniques we use to trade and adjusting them to suit our mode of profits is what is going to help our be a consistent and profitable trader.
legendary
Activity: 2716
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-snip-
If trading without any knowledge at all, it's better to start with copy trade, don't trade right away, what's more big capital. or you can use a demo account first in MT4 forex market cypto there is also really.
Copy trading for beginners and no knowledge at all?
Are you sure about that advice?

However, Copy Trading is not for use by beginners who don't even know any trading knowledge.
Copy trading requires understanding how to use trading tools well, and it takes a strategy on how to manage capital to be used, not easy and not for beginners.
And yes, let alone the large capital, it is not recommended.

What needs to be done first if it is without trading knowledge, Understand and learn about trading, what are the terms and how to use the available indicators.
That's just the right move and using a demo account can be a solution as well, but it's better to use a crypto trading demo account to suit the purpose of trading to be done in crypto.
hero member
Activity: 868
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what techniques do you use in trading or what indicators do you use in trading. can share the portfolio, if it's good, I might be interested in learning what indicators to use.

If trading without any knowledge at all, it's better to start with copy trade, don't trade right away, what's more big capital. or you can use a demo account first in MT4 forex market cypto there is also really.
full member
Activity: 504
Merit: 163
One should have enough knowledge about crypto currency trading then start trading crypto currency. I myself have seen crypto currency trading and taking time to check the market, crypto currency trading is successful. When we trade something, we certainly don't think of getting rich overnight. You have to trade with patience for long term with time.
hero member
Activity: 2520
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Even a newbie can survive and make decent profits in the bull run, the point is that survival should be analyzed by the performance of the trader in the bear market, and in the bull market we can differentiate between an expert and newbies with his existing plans. Becasue a good trader always stay conscious about the exit plan, to save profits.

Absolutely correct, it's easy to make money in bull market or in crypto, if I should say so myself. But, rare are the ones who manage to secure it.

I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
Hitting winners 9 times out of 10? That kind of hot streak definitely can't last.  At some point, your luck will run dry.  Maybe it already has.

That happens in bull market to many people, and this makes them consider themselves better than they are, and then bears strike and everything goes into the drain.

Don't worry op, I'm not offending you, I have been there. You'll learn.

sr. member
Activity: 1316
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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.



First, I don't believe if there is a successful trader who has 90% win rate but I'm glad that you were the one. Winning 90% of trades is quite tough so I think the number of your trades is very small. I will not shock or amazed if you expect that sometimes in the future you will experience losing trades in week and hope this will not bother you. As what I have noticed in your saying in the Op, you are a disciplined person so I hope you keep trading according to your plan and don't let the emotion to control you.
hero member
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I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.

Hitting winners 9 times out of 10? That kind of hot streak definitely can't last.  At some point, your luck will run dry.  Maybe it already has.

The markets have a way of humbling overly confident beginners.  You should brace for some losses or missed opportunities.  Can't let yourself get cocky or reckless chasing another rush like that.  It's too easy to overtrade when youre used to wins coming easy.  Patience and discipline become more important.
hero member
Activity: 3010
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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.



There's no such thing about technique or whatsoever because things would really be just that normal to happen as long you would really be putting up yourself to be that realistic and really that just serious on what are the things that you would really gonna tend to do. Everything would really come into place if we do speak about those things that you would really gonna learn along the way. It is really just that there are really indeed people who are really just that liking on making things to be in fast paced without even thinking about those probabilties in speaking about mistakes and errors that they might be able to encounter due to bad decisions

Just learn up the things that you would really be able to learn up along the way and just be wary about the risks involved with it. It is really just that impossible that you wont really be able to make those kind of realizations along the way on which even just simply making use of your own common sense would really be just enough for you to tell on which one is really that ideal and which one would really be a disaster.
Do on the things on which you do seem that it would be that viable or something that would really be avoided if its not.
hero member
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I hate to say this but I think following one's technique will never be effective if you know you have no trading knowledge in the first place. You will not even understand how to perform the technique and expect success after trading. If you have zero trading knowledge, then do not rush into trading but know the basics first in trading and increase your knowledge about it. That should always be the first and foremost concern for traders.

Skills and techniques should always go together, aside from knowledge which is the first requirement.
legendary
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  Are you sure about what you said? What are you basing these things on? It is not possible for anyone to make money from trading or ideas if they don't know anything. That's not true.

  an individual trader, even if he has only a little idea of trading here in cryptocurrency, I can still believe that he will get a profit. But what you say is zero knowledge, even if there is no idea; that is big nonsense, and that is really not true.

I can relate to it from a narrower perspective, but given the benefit of the doubt in zero knowledge, he excluded the points on executing a trade, placing an order (Every type), and where to trade.

TBH the points OP mentioned are some decent tips & recommendations but that is not at all enough to be a good trader, because on-time sooner or later you need to realize that studying the physiology of the market and having some glimpses of technical analysis with full control over the Fundamental Analysis and Sentimental analysis is necessary to service.

Even a newbie can survive and make decent profits in the bull run, the point is that survival should be analyzed by the performance of the trader in the bear market, and in the bull market we can differentiate between an expert and newbies with his existing plans. Becasue a good trader always stay conscious about the exit plan, to save profits.
sr. member
Activity: 1008
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Don't do something that you have zero knowledge about if it includes money. You can use money to learn it first but don't dive right into it without proper knowledge. This is a very bad way to encourage people into start trading. If they lose following your instruction would you be hold responsible for that? Are you ready to face the consequences?
If not, then don't suggest people with your so-called strategy. What you have gained from those trades are called newbie luck. It's like gambling. Share something if you are really confident about it or at least add that you are not a financial advisor and people should do it on their own taking that risk.
hero member
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One who is not knowledgeable in trading cannot follow certain trading techniques correctly. Maybe it's easier being said than done, and any newbie in trading is expected to commit a lot of mistakes first before he tries to improve and come up with better trading results. I guess the best advice is to encourage first those who have no trading knowledge to educate theirselves first before they enter trading.

Trading is not like investing that only needs prior knowledge and is ready to go, because trading itself requires good analysis on the market as well as development of skills and strategies before one decides to take risk in trading.
hero member
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It may work for you but there is no guarantee it will work if used by someone else. There are many things to pay attention to when using what you do.
They must have the patience to hold their coins when the price has not moved or even keep holding them if the price slides down.
Most beginners in trading will panic when the price slides down, and they don't know what to do, so many of them sell at a loss.
But the strategy you use can be tried even though there are still other risks that we don't know for sure.
For this reason, we must be able to learn trading well, including understanding everything related to trading. This will be useful for us in analyzing market conditions.
sr. member
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...I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique. ..

Your three recommendations will not be enough for a beginner to trade with profit. Without knowledge and experience that cannot be bought, you will not be able to trade. And even those who have knowledge and experience also make mistakes, since the cryptocurrency market is not predictable with 100% accuracy.
Of course, only unprofitable trades are made without knowledge and skills, and even trades with knowledge and skills do not always bring 100% profit.
The market is not easy to predict and it's not just news that can influence the market but everything happens because of many factors, so I don't think OP's method will guarantee 90% success. And the method OP mentioned will always result in losses, because the method OP uses is a method that is not strong enough to generate profits.
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>> 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.[/b]

I second that. Have fallen victim to this quite a few times, despite being aware that it's just fomo, sometime emotions just over-rule you. On second note, it's perfect time to sell if you are holding that particular asset.

Using appropriate techniques is one of the ways we can make quick profits in the market than trying different strategies that might not work out for us in a long time. It is very important for us to stay safe as we trade in the market by not over trading because this is one of the problems many traders do face. Since our major reasons why we go into trading is to be make profits, we need to be more focus on what we want so that we can at least Concentra and make more money for ourselves.
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I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.

You're giving people advice on trading which is quite good advice from a certain perspective but at the same time, you're misinforming people.
A 90% profit success is so hard to believe. I can even go out on a limb and say it's not true, but I'm going to assume there's some truth in it, what do you feel the impact of this would be on newbie traders?

The points you gave are good, but only them can't make you a successful trader. So if a newbie sees such a post he'll believe he can truly have a 90% success rate in trading without proper skills and experience which would only lead them to more losses.

It is also not clear how exactly those 90% success is gained. OP gives some advice, but his recommendations are rather general, they are more about traders behaviour, than about actual technique. It is not obvious for me from his statements how the trades are being made. I have my own experience in trading, that is why I can assume a lot, but for a newbie it would be impossible to understand how this method has to be implemented.
sr. member
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If you are know in crypto trading you can follow it.
I started trading from 2017   
What is the market you started trading in 2017?

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

I definitely agree.

This is just some pure self-proclaimed trader who makes a lot of profits based his intuition only, unless backed up with some solid proofs like what you have said. Even in spot trading, I don't see him making profits most of the time even though he has zero knowledge, unless he is lucky most of the time, then he's telling lies. Randomly entering a trade and winning a huge profit is a rare kind of event for a newbie trader.
hero member
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Sometimes, social media can be very deceiving. Even if you know their intention is to create hype and FOMO, but still a lot of people still fall on their traps. And they will only come to realize that once they end up suffering from losses. I guess people will never stop committing mistakes, knowing a lot of beginner traders are also entering the market trying to ride with the hype every now and then.

Yea, one learns influencers preying techniques and gets out of it, then new fishes come in the pond that these influencers can prey for. It's never ending cycle.

Quote
However, if you see the market is really in bullish, then selling your coins could be the best option. But never sell all in, as there are still chances that the market will get even more bullish in the next days or months.

Yea, DCA in to purchase, and DCA out to sell is perfect strategy, since no one can perfectly time the market.
legendary
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>> 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.[/b]

I second that. Have fallen victim to this quite a few times, despite being aware that it's just fomo, sometime emotions just over-rule you. On second note, it's perfect time to sell if you are holding that particular asset.

Sometimes, social media can be very deceiving. Even if you know their intention is to create hype and FOMO, but still a lot of people still fall on their traps. And they will only come to realize that once they end up suffering from losses. I guess people will never stop committing mistakes, knowing a lot of beginner traders are also entering the market trying to ride with the hype every now and then.

However, if you see the market is really in bullish, then selling your coins could be the best option. But never sell all in, as there are still chances that the market will get even more bullish in the next days or months.
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...I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique. ..

Your three recommendations will not be enough for a beginner to trade with profit. Without knowledge and experience that cannot be bought, you will not be able to trade. And even those who have knowledge and experience also make mistakes, since the cryptocurrency market is not predictable with 100% accuracy.
Those trying to reduce trading to a few tricks and tips are destined to fail, trading is such a deep subject that there are thousands of books written by experts and I am sure you can always learn something new from each one of those books, so it is too reductionist to think that those that do not know anything about the market can become incredibly successful by just following a few paragraphs worth of instructions, when in fact months or even years of study are needed just to have a chance to become successful.
legendary
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If you have zero knowledge in trading, then you wouldn't be able to know even how to start trading. Once you struggle on your first trades, most likely it will also end up as a failure, and you will definitely lose your capital.

But when you say you have only prior knowledge in trading and still gaining experience how to make a successful trades, most likely there are still chances to make your future trades profitable. That is, if you also learn from your first mistakes and losses in trading.

Trading needs skills and strategies to make it work and succeed. That's why you have to work on it everytime you decide to trade, so that the rate of chance to succeed will continue to grow and increase.
sr. member
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I was zero knowledge with crypto trading
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.

Long term investment type? Maybe this is the most comfortable and relaxed trading, with minimal knowledge as you mentioned, this is more than enough.

However, it needs to be emphasized that knowledge or knowledge in the realm of investment, analysis, trading is important to support the smooth running of trading and investment. Lazy or uninformed = loss.
legendary
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To the Moon
...I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique. ..

Your three recommendations will not be enough for a beginner to trade with profit. Without knowledge and experience that cannot be bought, you will not be able to trade. And even those who have knowledge and experience also make mistakes, since the cryptocurrency market is not predictable with 100% accuracy.
hero member
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>> 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.[/b]

I second that. Have fallen victim to this quite a few times, despite being aware that it's just fomo, sometime emotions just over-rule you. On second note, it's perfect time to sell if you are holding that particular asset.
sr. member
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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?  Cheesy
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.

This will be a good advice for newbies to start their trading journey with an amount they can afford to loose as trials, then gradually begin to increase their knowledge about numerous technicalities that comes with the job. Trading is quite difficult because even the professionals with there experiences of fundamental and technical analysis still lose in trades. So what OP said should be in order, traders should avoid greed and cash in when they make relatively small profit, because they might lose everything in the process of waiting for a huge profit, also to wait for negative news that can affect price to go low before trading.

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

You're giving people advice on trading which is quite good advice from a certain perspective but at the same time, you're misinforming people.
A 90% profit success is so hard to believe. I can even go out on a limb and say it's not true, but I'm going to assume there's some truth in it, what do you feel the impact of this would be on newbie traders?

The points you gave are good, but only them can't make you a successful trader. So if a newbie sees such a post he'll believe he can truly have a 90% success rate in trading without proper skills and experience which would only lead them to more losses.
hero member
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How can those of them are techniques? it just a generic psychological effect which everyone can realized after they've trade for few times.

Since you claimed you're good in trading as those techniques works for you, you can create a new thread and post your prediction regularly, then we can see how successful you're in trading.
hero member
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Trading without trading is still actual trading if that's part of the waiting game and it is called patience. Not all the time you have to trade when the market doesn't seem to fit your calls and trades.

There's no need for you to chase the market if you think that they're not good enough for you.

It's all for the patient people and loves to take time at most of their trades.
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I was zero knowledge with crypto trading  but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.



  Are you sure about what you said? What are you basing these things on? It is not possible for anyone to make money from trading or ideas if they don't know anything. That's not true.

  an individual trader, even if he has only a little idea of trading here in cryptocurrency, I can still believe that he will get a profit. But what you say is zero knowledge, even if there is no idea; that is big nonsense, and that is really not true.
hero member
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>> 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.
such a situation would be more appropriate for those investing long-term. and the assets chosen may influence its success.
Trading may be more complicated than waiting for the price to fall and then buying it until it increases. some assets are unsuitable for us to buy when the price goes down because they can stay at the bottom for a long time. such a method might be good for assets that have rapid price fluctuations.
legendary
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Being patient is definitely one of the better advices there could be. A lot of newbies lose money because they have been waiting for a few days and want to trade already and not miss a chance, but the reality is that if you can't find a trade that you trust then jumping into it doesn't really benefit you at all. I believe that we need to end up with something that should be a lot bigger and we need to end up with a return that should be making a greater profit for you when you are certain about it.

If you start trading because you feel bored and haven't traded in a while then you will most certainly end up with a loss, that's just how it is, but if you end up trading because you have TA'd and found a good trade then you can start trading. Be patient, sometimes there isn't a single trade that you are certain about for a whole week, maybe more, it doesn't matter if you end up with a loss or not, you need to make sure that you are doing the right thing whenever you can.
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i wholeheartedly agree with the fact that not trading is also part of trading, can't sweat how much it helps me avoid getting fomo'd into buying thinking i'd be too late to the party if i don't buy but I know that sometime a coin or a market thats already up so high have the bigger chance of going down again, therefore I just wait until the market somewhat gets corrected and I get better position for making an entry and then I'd start investing when that time comes.
I've avoided plenty of trading losses doing this, sometime patient is the key, even sometime I go to such lengths of waiting for a whole month just to get a good position so therefore it does indeed work for trading strategy.
if someone want to trade more faster pace then future is the way but of course the increased risk should be taken into account, if its spot trading, waiting is definitely a good strategy.
just wait until the market get to the very bottom like basically dipping down so sharp that to buy make a lot of sense.
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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?  Cheesy
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.
Many newbies do not think like that, if you were to give them that advice they will claim that they do not have to bother with such slow methods, when they can use all their money to trade with 100x leverage a meme coin no one has ever heard about and become millionaires in a single day, and when compared to that studying for months before even getting to the starting line seems like a complete waste of time to them, so most of those newbies that think like that will not change their posture until they blow up their trading accounts and lose everything.
Well, its their lost, if a newbie in trading choose the shortcut or they think that trading could make them rich immediately then its their own fault, they are the traders so we cannot stop them on what they will do or what decision they will do, we can only guide them and give advise but the decision and execution will be them to do, many beginners in trading think this way because they only got hype by the social media influencers that flexing their wealth and luxury life because of trading, little they know its only the part of their marketing strategy to attract potential investors or new traders that could avail their mentorship, which is a trap, because they making trading look way easily which is in reality not, they maybe flexing luxury lifestyle but they are not showing the bad side or the hard part of trading, so beginners choice if they will be too greedy or too ambitious to get rich right away.
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>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.
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.
Most of the beginner traders are greedy, so as early as now, they should be exposed to the realities that not all trades result into profits, majority still end with losses. That way, they will start trading with less emotions and as much as possible, controlling greed is necessary not to incur huge losses at the end of the day.

Yes, trading gives us an income, but that's only for good and professional traders. Otherwise, trading without skills and experience will only result into negative losses that some end up into depression.
hero member
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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?  Cheesy
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.
Many newbies do not think like that, if you were to give them that advice they will claim that they do not have to bother with such slow methods, when they can use all their money to trade with 100x leverage a meme coin no one has ever heard about and become millionaires in a single day, and when compared to that studying for months before even getting to the starting line seems like a complete waste of time to them, so most of those newbies that think like that will not change their posture until they blow up their trading accounts and lose everything.
hero member
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This is really risky, trying to trade without having sufficient knowledge on trading. You should not be trading in the first place, but increase your knowledge first about trading and how it will be done successfully and profitably at the end of the day. But upon analyzing your post, if you have been successful on your trades, most likely you are not actually a newbie in trading but only a newbie in your rank in the forum.

However, you are right there when you say do not expect more of profits than losses. Because if you are actually trading, you will realize that there are more possible losses first than gains, so never expect to be highly profitable in trading as you might only get frustrated in the end.
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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.



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.
legendary
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>> 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.


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)
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.
hero member
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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.




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.
hero member
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>> 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.
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.
>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.
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.
>> 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.[/b]
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.
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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?  Cheesy
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.
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.
>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.
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.
legendary
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>> 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.


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)
hero member
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I was zero knowledge with crypto trading
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.
hero member
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If you are know in crypto trading you can follow it.
I started trading from 2017   
What is the market you started trading in 2017?

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


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