just read articles here on the forums, like you, I'm also a newbie in bitcointalk.
Reading the guidelines and rules in the pin thread
Topic: give me some tips about trading?? - page 10. (Read 5373 times)
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?
Just use the exchange that gives a big volume in daily trade, that gives you the more opportunity to do a day trade or you can try to do a long trade for your amount. bittrex is the exchange site with the biggest volume right now.
I suggest that you learn and learn as much as you can by gathering information here in the forum. It helps a lot in trading to be always updated by learning more. You can make more educated guesses of when to buy and sell if you learn more about the coins you intend to buy. Also, look at the past price charts. You can probably guess whether a coin is good for long term investment by looking at it.
Since we know that the concept of trading is exchanging of goods or services or buying and selling of goods and services between parties, so i think it would be better if you have the knowledge about trading.
Here are the tips offered from an online source:
Here are the tips offered from an online source:
- Look for scenarios where supply and demand are drastically imbalanced, and use these as your entry points.
- Always set price targets before you jump in.
- Insist on a risk-reward ratio of at least 3:1 when setting your targets.
- Be a patient trader.
- Be a disciplined trader.
Don’t be afraid to push the “order” button.- Only day trade with money you can afford to lose.
- Never risk too much capital on one trade.
- Don’t limit day trading to stocks.
- Don’t second-guess yourself, but do learn from experience.
Good concepts and tips, i think it's true never to be afraid to make a decision because over time we may also have a good instinct in trading. For now I still learn the trading and capital increase stage can maximize the profit gained.
Since we know that the concept of trading is exchanging of goods or services or buying and selling of goods and services between parties, so i think it would be better if you have the knowledge about trading.
Here are the tips offered from an online source:
Here are the tips offered from an online source:
- Look for scenarios where supply and demand are drastically imbalanced, and use these as your entry points.
- Always set price targets before you jump in.
- Insist on a risk-reward ratio of at least 3:1 when setting your targets.
- Be a patient trader.
- Be a disciplined trader.
Don’t be afraid to push the “order” button.- Only day trade with money you can afford to lose.
- Never risk too much capital on one trade.
- Don’t limit day trading to stocks.
- Don’t second-guess yourself, but do learn from experience.
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?
What cryptocurrency do you want to trade? What is bitcoin or altcoin? If you have little capital then trading altcoin is a good choice. Oh yes the most important thing is to analyze price movements. You should be able to put together when you buy and when to sell. Because the higher the profit margin then you will get easier to get what you want.
if you are firstimer trading try to buy a cheap coin then sell in to high price
I've read a lot of complaints about Poloniex, so be careful.
Guide on trading cryptocurrencies in general:
Also use Bittrex as your exchange
Quote
Amazing guide on margin trading on poloniex:Quote
Also use Bittrex as your exchange
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?
You need to cover most of the exchanges because sometimes the opportunities are not in a single platform. I'd go with Bittrex, Poloniex and probably HitBTC as well. I can tell you that the basic rule is to sell high and buy low, and that you should never sell out of fear and also never buy something that is involved is some pump and dump scheme, It always end up badly and the market could crash. It's better to invest into projects that will actually deliver something.
The first thing to do is spending some time to learn how to trade altcoins successfully. Trading is a games of skills and you should open account with an exchangers or brokers that allow you to demo trade then you can open an account with populars exchangers like poloniex or c-cex. Wish you luck.
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?
What cryptocurrency do you want to trade? What is bitcoin or altcoin? If you have little capital then trading altcoin is a good choice. Oh yes the most important thing is to analyze price movements. You should be able to put together when you buy and when to sell. Because the higher the profit margin then you will get easier to get what you want.
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?
Jump to: