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Topic: give me some tips about trading?? (Read 5319 times)

brand new
Activity: 0
Merit: 0
October 29, 2018, 12:35:21 PM

You can use this article for trading : https://www.mycryptopedia.com/the-ultimate-beginners-guide-to-trading-cryptocurrency/ (The Ultimate Beginner’s Guide to Cryptocurrency Trading)I used this article when I'm newbie on the Blockchain (approx. 1 year ago).Use only the trusted Exchanges.Have Patience.Start small amount.
newbie
Activity: 31
Merit: 0
October 31, 2018, 05:41:19 AM
tips for being able to trade well and correctly and always be able to get a lot of profit so you can do it by looking at the volume of the exchange place that you use for trading because you have to be able to take advantage of price movements in a very fast market, you also have to be able control the patience you have to not be affected by good news and don't panic easily.
The only best tip which I feel can be applicable to anyone is to at least try as much as possible to learn as much as they can, so they can at least, get to know better on ways to come up with their own strategies, build on it, and be able to use it to their own advantage.

Market movement will always be there, and it is your strategy that will pull you through in most of your trades. Also, talking about strategy, we also have to consider the fact that this is something you do not just want to be changing every single time and it is something you are just looking forward to stick with and build on.
As I am not too much expert in trading but I will add my view here that too factors which are depending on trading are the knowledge about trading and the second is the experience which is the most import key to success in trading. If we have these two thing about trading I am hopeful that we can show very good result in trading.
sr. member
Activity: 674
Merit: 250
October 29, 2018, 12:49:45 PM
hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?
Trade with the right amount should not be too greedy. Monitor the information and update on a regular basis and compare with each moment to buy them and invest appropriately. You should not trade short-term by very dangerous. Experience and knowledge are not enough.
full member
Activity: 521
Merit: 100
October 29, 2018, 12:42:26 PM
Diligently study all the necessary information and practice a lot.
Don't be greedy. You can't earn all the money. Just set a goal, achieve it and close the deal. Don't chase the ghostly profits, they may not be.
From exchanges for me more convenient Binance. You choose the exchange more convenient for yourself.
full member
Activity: 350
Merit: 102
October 29, 2018, 12:08:33 PM
Everyone chooses a  exchange that suits him personally based on his goals and desires. As a beginner, I would recommend paying attention to Binance, Poloniex and Bitfinex. These exchanges have a fairly user-friendly interface, a lot of trading pairs and a large number of users.
As for the advices: I advise you to diligently study the theory and master the practical part well. Never stop learning new information and gradually you will become a great trader.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
October 29, 2018, 09:25:40 AM
For this moment the best exchanges site to trade is the binance and for sure most of us agree with that. I give you tips choose trading site who have a lot of traders because they know what is good because for sure most of them are making a research if binance is good and they will see that,
The reason why everyone choosing Binance is their cheap transaction price but still it is not best since they are yet decentralized trading platform but in future Binance is going to launch their decentralized trading platform so which is going to be the best of best trading platforms for the regular trader.But if someone is long term trader choose the exchange based on the higher price not based on the transaction fee.
member
Activity: 602
Merit: 11
October 29, 2018, 08:52:12 AM
If you use different exchange, you should be use exchange that has feature stop limit because by make many open potition will be difficult to handle it and you should be use stop loss and trailling stop that will help to minimize the risk and possible to maximum the profit. We can not monitor the crypto market in 24/7 so that why we should be use stop loss to cut the loss immediately when the price crash.
of course after that we must be disciplined towards analysis made. sometimes we have given a stop at a certain price, and because price is close to that price, then we shift it
copper member
Activity: 29
Merit: 0
October 29, 2018, 08:42:50 AM
If you want to trade bitcoin than I suggest to have a look at our platform, which is specifically built for beginners and is totally automated.
We also offer a 7 day FREE trial Smiley
https://reggiebot.trade

Brad
full member
Activity: 588
Merit: 100
October 27, 2018, 08:45:02 PM
If you use different exchange, you should be use exchange that has feature stop limit because by make many open potition will be difficult to handle it and you should be use stop loss and trailling stop that will help to minimize the risk and possible to maximum the profit. We can not monitor the crypto market in 24/7 so that why we should be use stop loss to cut the loss immediately when the price crash.
sr. member
Activity: 1624
Merit: 267
October 27, 2018, 03:29:07 PM
For this moment the best exchanges site to trade is the binance and for sure most of us agree with that. I give you tips choose trading site who have a lot of traders because they know what is good because for sure most of them are making a research if binance is good and they will see that,
hero member
Activity: 1078
Merit: 501
October 27, 2018, 02:45:38 PM
tips for being able to trade well and correctly and always be able to get a lot of profit so you can do it by looking at the volume of the exchange place that you use for trading because you have to be able to take advantage of price movements in a very fast market, you also have to be able control the patience you have to not be affected by good news and don't panic easily.
panic, and controlling is the key to trading. when people panic, they may cut loss, but when they can control it, I think they will be able to prevent the loss they can. I think, in trading, patience is also a determining factor.
Since panic is one of the most important key that determine your trading, we have to be able to control it. It's not easy, but it's not impossible. We can control this through long experience. It's not always in a long time. Some people can control their mind quickly, but for some other people, they need a lot of accumulated time.
Everyone has their own way of thinking and their own spirit but for me it is good to hold than selling for panic, panic selling means you are buying your coin at high price but you are going to trade it at low price without any wise decision, panic selling never gives profit it is only lose. Rise and fall happens so I suggest you not to buy at high and not to sell at panic, you will become a good trader and keep learning.
sr. member
Activity: 1750
Merit: 267
October 26, 2018, 10:00:45 AM
Here you can find a lot of tips about trading. But at first you should know the basic idea of trading. Greediness is the another dangerous things on trading. Try to know all the details about trading and start with low amount first. Try to make 3-5% profit and thus hopefully you will be experienced on it.
hero member
Activity: 1596
Merit: 502
October 26, 2018, 09:56:44 AM
some people have given the best tips and ways or the best steps to trade and can always benefit, this only depends on you because the key to trading success must be able to be patient and do not panic, there are still many tips mentioned by some people in the forum it's just that all of it can be concluded that you must be able to control your patience.
member
Activity: 472
Merit: 10
October 26, 2018, 09:54:50 AM
In my opinion, it would be better for you if you start trading in binance, which is the best exchange out there now. It's interface is very user-friendly. I have been trading there for some time without any problem. You can start with a small amount, as you gain experience then you can increase your investment.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
October 26, 2018, 09:49:50 AM
tips for being able to trade well and correctly and always be able to get a lot of profit so you can do it by looking at the volume of the exchange place that you use for trading because you have to be able to take advantage of price movements in a very fast market, you also have to be able control the patience you have to not be affected by good news and don't panic easily.
panic, and controlling is the key to trading. when people panic, they may cut loss, but when they can control it, I think they will be able to prevent the loss they can. I think, in trading, patience is also a determining factor.
Since panic is one of the most important key that determine your trading, we have to be able to control it. It's not easy, but it's not impossible. We can control this through long experience. It's not always in a long time. Some people can control their mind quickly, but for some other people, they need a lot of accumulated time.
legendary
Activity: 1176
Merit: 1024
October 26, 2018, 09:31:41 AM
Best tip you can receive would be to have a set known good tactic.

For example, if you want to buy check out the bollinger band and RSI and decide upon that. Use stuff that has worked so far for other people and do not get out of that. If you want to have a short term trading than you can not have any emotions or personal feelings towards a coin you buy or sell, you have to be robotic about these things.

Have a certain thing that you look for in indicator world and always buy and sell according to that, never go out of your way and buy anything because "you read on a news that it was suppose to go up" or "it was getting pumped so I jumped on the pump" or whatever. Just check numbers and close your ears and eyes to everyone and everything else. That way you can have a chance at it, still tho on bad bear market days no matter what you do there is absolutely nothing that can save you from that.
newbie
Activity: 43
Merit: 0
October 26, 2018, 08:53:27 AM
“The best exchange” already sounds utopian. Everything is quite simple. Some services are reliable, others are not. The perfect one should probably be convenient as CEX and sophisticated as Poloniex. But as you're new here, it would be better for you to start from something simple. On CEX, it's possible to buy btc or other coins with fiats using your cards or via bank transfers: https://cex.io/wires-campaign/.
sr. member
Activity: 1946
Merit: 322
October 26, 2018, 02:07:01 AM
hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?
Starting with the exchanger you should trade with, I will suggest that you start with the top exchangers like Binance, Bitfinex or OKEx, make your choice from the three or maybe if there is any other you like you can go for that if you think it is better.

And as for tips on how you can trade I will first tell you not to involve your emotions when it comes to trading. Next thing is to never assume that a falling coin is an opportunity, cause sometimes it might take years.
newbie
Activity: 70
Merit: 0
October 25, 2018, 12:09:09 PM
if you want to become pro in trading dont run behind best strategy , indicator ,and all only best thing in market is experience and your own skills 
yes i do agree with you  at beginning  dont even run behind profits  Grin
you guy are new but you have good knowledge good words
newbie
Activity: 56
Merit: 0
October 25, 2018, 11:54:10 AM
if you want to become pro in trading dont run behind best strategy , indicator ,and all only best thing in market is experience and your own skills 
yes i do agree with you  at beginning  dont even run behind profits  Grin
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