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Topic: For the benefit of trader (Read 3206 times)

sr. member
Activity: 1876
Merit: 295
GOD is TRUE
January 17, 2017, 03:09:22 PM
#67
Because the real currency is important, the state also control it in order to remain stable. A different case with altcoin/BTC. Characteristic of this coin is a private/group. Do you feel movement of trade in altcoin faster than forex? I feel for this reason people dare to buy and sell without thinking long term. So many dead coins fall to the sea floor very quickly.
legendary
Activity: 1120
Merit: 1000
January 17, 2017, 02:12:26 PM
#66
It is right, trading has benefits, but only for those people, who have a knowledge and experience of trading. Because when i started than i didn't know very well about it, so it couldn't give me a chance to make money, but after 1 year, i know, how to trade. Well, main thing is that you should have patience and consecrate your trading, and daily check it our, which coin you have bought.   
if you do no know about trading or you do not have proper knowledge about trading then it is too much risky if you are putting big money in trading, you need to get some experience and knowledge about trading and only then you should put big money in trading.
legendary
Activity: 1386
Merit: 1058
January 16, 2017, 01:43:13 PM
#65
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is  what are your best strategies of forex trading.

I heard several times about in trading Forex, but I always ignored it every time my friend mentioned it to me. Because For what I'm doing before is I'm doing trade in the bitcoin trading. And for me, trading in Forex has a big difference because it is already a currency by each country worldwide compare in bitcoin world. Though, sometimes I've been thinking that by doing it of how to play in Forex and Bitcoin it just came at the same thing.
If you ask me, I like to suggest to stick within bitcoin trading as touching Forex trading might lead to take more risks compared to what you are doing with bitcoin trading. If you are willing to do high risky trading, then Forex trading could be your next stage in trading career.

Both reward and rick are huge in forex trading, still I personally prefer staying with low risk trading yet steady profits providing.
hero member
Activity: 1092
Merit: 501
January 16, 2017, 01:40:22 AM
#64
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is  what are your best strategies of forex trading.

I heard several times about in trading Forex, but I always ignored it every time my friend mentioned it to me. Because For what I'm doing before is I'm doing trade in the bitcoin trading. And for me, trading in Forex has a big difference because it is already a currency by each country worldwide compare in bitcoin world. Though, sometimes I've been thinking that by doing it of how to play in Forex and Bitcoin it just came at the same thing.
hero member
Activity: 532
Merit: 500
January 14, 2017, 02:27:17 PM
#63
It is right, trading has benefits, but only for those people, who have a knowledge and experience of trading. Because when i started than i didn't know very well about it, so it couldn't give me a chance to make money, but after 1 year, i know, how to trade. Well, main thing is that you should have patience and consecrate your trading, and daily check it our, which coin you have bought.   
yes that is right to say that knowledge about trading is too much important, there is too much risk in gambling if you have no knowledge about trading. therefore if you are going to investing your money in alt coin or some where else first you need to get some good knowledge about it.
yes trading also need good experience, skill and good knowledge about trading, if you have no experience in trading then it can be too much risky to invest your money here. but if you have good experience in trading then you can secure good profit in gambling.
MMA
legendary
Activity: 1134
Merit: 1000
January 13, 2017, 05:04:08 PM
#62
It is right, trading has benefits, but only for those people, who have a knowledge and experience of trading. Because when i started than i didn't know very well about it, so it couldn't give me a chance to make money, but after 1 year, i know, how to trade. Well, main thing is that you should have patience and consecrate your trading, and daily check it our, which coin you have bought.  
yes that is right to say that knowledge about trading is too much important, there is too much risk in trading if you have no knowledge about trading. therefore if you are going to investing your money in alt coin or some where else first you need to get some good knowledge about it.
hero member
Activity: 812
Merit: 500
January 12, 2017, 11:29:15 PM
#61
It is right, trading has benefits, but only for those people, who have a knowledge and experience of trading. Because when i started than i didn't know very well about it, so it couldn't give me a chance to make money, but after 1 year, i know, how to trade. Well, main thing is that you should have patience and consecrate your trading, and daily check it our, which coin you have bought.   
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
December 26, 2016, 03:44:22 PM
#60
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading.

This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading.

Why you should be scared or nervous trading friends ..? , if you do not see or want a good profit or gain amazing experience ..? . OK, I see that the things that make you nervous in trading is losing, and losing is the main factor a person has a sense of nervous, if that's true then I expect that you start thinking about all the advantages you can get and also you should learn from all experiences all the people doing the trading, because that way then you can calmly to make something better

Hesitation or nervous is the one thing which affect our decision, it's dangerous I think. And my advice is trading first in demo account platform, there are available for forex and bitcoin/altcoin, for try improvement our experience, trading for me is not a play a game with just used your intuition with. It's a dignified profession.
hero member
Activity: 798
Merit: 505
December 26, 2016, 05:54:16 AM
#59
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading.

This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading.
Well experience is the best to learn in trading so better to start in small amount before you can go in large trading..
Before i was just the same thoughts before that honestly i am afraid to be lose because i do not know how to trade.. so first i tried to scale up a small amount if i lose well it is not meaning that i will stop instead i try and try until i am making  good method to earn more in trading..

That is a good strategy to start in trading. Experience in trading is good so if you are just newbie dont invest big right away learn first , learn the things about it, gain experience from your small amount of money before investing big. At first you need to invest small amount so that you will know how to trade. Just a small amount then after you know you can invest bigger
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 26, 2016, 05:36:21 AM
#58
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is  what are your best strategies of forex trading.
Yes, money management is the key when you want to succeed in any kind of job, business or even career. If you master that kind of stuff then congrats because your future is clear and you don't need to worry about having financial problems since you already know how to manage your money. In terms of strategies in forex trading or any kind of trading, It also includes money management because when i earn profit i save the minor percentage of it for my future needs or wants. I also do short term and long term trading at the same time. On short term trading that is where i trade altcoins and long term trading is that where i trade bitcoins.
hero member
Activity: 826
Merit: 501
December 26, 2016, 03:59:21 AM
#57
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is  what are your best strategies of forex trading.
Mine is to Observed first the coin if it is a legit or a shit coin after that I will invest some of my funds to that coin, I don't all in because that is too risky I preferred to invest in many coins because that gave me a lot of profit, So i will suggest Invest for a coin that you can afford to loosed.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
December 25, 2016, 06:46:27 PM
#56
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading.

This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading.
Well experience is the best to learn in trading so better to start in small amount before you can go in large trading..
Before i was just the same thoughts before that honestly i am afraid to be lose because i do not know how to trade.. so first i tried to scale up a small amount if i lose well it is not meaning that i will stop instead i try and try until i am making  good method to earn more in trading..
sr. member
Activity: 434
Merit: 250
December 25, 2016, 06:22:30 PM
#55
 think the main thing is not to take too much leverage...play for the sum of money amount of which you do not experience, and the main thing is peace of mind
hero member
Activity: 714
Merit: 500
December 25, 2016, 05:59:29 PM
#54
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading.

This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading.

Why you should be scared or nervous trading friends ..? , if you do not see or want a good profit or gain amazing experience ..? . OK, I see that the things that make you nervous in trading is losing, and losing is the main factor a person has a sense of nervous, if that's true then I expect that you start thinking about all the advantages you can get and also you should learn from all experiences all the people doing the trading, because that way then you can calmly to make something better
legendary
Activity: 1288
Merit: 1036
December 25, 2016, 04:24:45 PM
#53
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading.

This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading.
legendary
Activity: 1666
Merit: 1001
December 24, 2016, 09:53:22 AM
#52
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
hero member
Activity: 1372
Merit: 503
December 23, 2016, 11:28:03 AM
#51
Money management surely is important in trading, in trading you need to have a good way to manage your money especially in forex where the trade amount is big, with money management you may prevent further lost, but sometimes money management that prevent you for taking extra profit, so you need to be wise in trading
Managing money is very important when you are in trading you need to manage your coin carefully to not lose any piece of your altcoins becase every piece of this is money i don't trade huge amount of my coin in trading site i always invest at ico where i can get some extra profit and good come back.
sr. member
Activity: 924
Merit: 260
December 23, 2016, 11:03:00 AM
#50
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is  what are your best strategies of forex trading.

That's absolutely correct and I'd like to chip this in,  money management doesn’t just involve risking an appropriate amount on everytrade. It also involves managing a winning trade from start to finish. This is an important part of any good trading methodology th at is often overlooked by beginning and expert traders alike.
Money management strategy is the foundation of successful trading. I find out that a wining trading can turn to losing trade if a trader has a bad money management habit. Trading, good if you are, a winner and bad if you are, a loser not for a single trade but cumulated trades.
legendary
Activity: 1596
Merit: 1011
December 23, 2016, 10:34:24 AM
#49
Money management surely is important in trading, in trading you need to have a good way to manage your money especially in forex where the trade amount is big, with money management you may prevent further lost, but sometimes money management that prevent you for taking extra profit, so you need to be wise in trading
I agree with you . money management is the most important thing in trading. because when we can manage the money so we can adjust expenses and revenues every day. if we can not do financial management then we will lose.
hero member
Activity: 840
Merit: 501
December 23, 2016, 09:58:35 AM
#48
Money management surely is important in trading, in trading you need to have a good way to manage your money especially in forex where the trade amount is big, with money management you may prevent further lost, but sometimes money management that prevent you for taking extra profit, so you need to be wise in trading
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