Topic: Guide to Crypto Trading Strategy and Risk Management (Read 413 times)
Each and every strategies will be important because when you are getting into this type of investment we need to be more alert for this a guidance is very important I think this will give the confidence after getting the success in every investment when you are a cryptocurrency investor.
Learn in trading if for free only so its up to you to explore those kind of methods as you see in this trading discussion but you also watch on youtube for starting for trading.
I think when it comes in trading cryptocurrency there is no such guide that can be accurately reliable because in crypto world their is high volatility and fluctuating price that a book can guide you. Experienced is the key, everyday you trade can be a source of knowledge in making a trade successful. To think that this book worth a thing I would definitely used it but for now I will rely upon my own experience and learn from it until I can call myself a true trader someday. Remember learning from a mistakes is the great asset that everyone can get.
Learn in trading if for free only so its up to you to explore those kind of methods as you see in this trading discussion but you also watch on youtube for starting for trading.
I think that in time era, we do not need to ask anyone to provide us with something to help us with trading. We have enough stuff available on Google and wikipedia and could be explored and learned.The intermediate economics and monetary economics can help you understand the costs and the risks related to investments you make in any assets so you would be able to have command over these things if you wish to learn.
It's good that you share such useful information here. Everyone who wants to become a successful trader should start with training, strategy selection and risk management. Therefore, your information is very important for every beginner.
absolutely because the existence of information about strategies and risks when trading will be a learning for beginners to be able to run the trade well and know the risks that will be obtained also 
Since i am a trader, I think I might want to read some ebook to boost my learning and for an additional strategies that I can be used of when i do trading. Thanks for sharing this. Though there is a lot online to search for, ebook for me is still helpful.
Obviously, It was useful in all the traders but sometimes it is not workout so you may carefully pic the proper platform. Majority of the traders participate in day trading and short term trading because market will not stable at anytime so we must move the continuous steps in trading platform.
Since i am a trader, I think I might want to read some ebook to boost my learning and for an additional strategies that I can be used of when i do trading. Thanks for sharing this. Though there is a lot online to search for, ebook for me is still helpful.
It's good that you share such useful information here. Everyone who wants to become a successful trader should start with training, strategy selection and risk management. Therefore, your information is very important for every beginner.
Learn in trading if for free only so its up to you to explore those kind of methods as you see in this trading discussion but you also watch on youtube for starting for trading.
Sometimes I do advise people not to completely depend on free things because it has its own negative effect too, as they say, good things don’t come freely and easily, I am not advising against getting a free training but I believe more in paid training, Why ?I have come to realize that most people I have thought how to trade freely end up not being serious and focused because they got the knowledge on a platter of gold, those are the ones that gave up easily on trading but the ones that paid heavily for the knowledge understands that it cost them to get into the system and thereby takes their trading seriously with the strength that the money they paid will not be in vain.
How is this book any different than 1000s others out there?
Well it is your experience that can guide you better than anything else. Lots of information is available on internet. You can have discussion and can read and watch books and documentary in detail to know what it takes to make money in Bitcoin and blockchain. There are people who not necessarily focus on making money through Bitcoin but by building a business around it.A trader must start by practicing the skills he has, then applying his abilities so that he will gain experience.
Knowledge and experience will be an important capital for a trader to achieve success.
How is this book any different than 1000s others out there?
Well it is your experience that can guide you better than anything else. Lots of information is available on internet. You can have discussion and can read and watch books and documentary in detail to know what it takes to make money in Bitcoin and blockchain. There are people who not necessarily focus on making money through Bitcoin but by building a business around it.
Tried this kinds of "free" ebooks several times already where you required to provide your email as they will send it via email, luckily I didn't use my regular email for these kinds of stuff as it will be flooded by email marketing from them, some will send daily some will send in intervals of just hours. Some of the "free" ebooks website I even provided my email didn't even send any ebook at all just some marketing shit for their other products. The worst part is of course the worthless ebooks they have which also contains promotions for their products.
Risk management is definitely one of the most important aspects of trading. You can be great at reading charts but if you can't manage your risks, you'll lose your profits faster then a crypto newbie loses his hope for a new lambo after the market crashes. Risk management is not only in choosing the right projects, it is also in optimizing your trading system. You should keep the funds you are not actively trading off the exchange, preferably on a secure device like a hardware wallet like Leger Nano or Trezor, or on a phone that's designed for security like BitWings' Wings WX phone. You should also take into account things like transaction fees and gate fees. And of course your behavior on the internet, although if you have a phone dedicated for security, it won't be as critical, but the correct behavior is still important.
Is that the phone: https://bitcointalk.org/index.php?topic=5110359? Saw it on the forum yesterday, seems quite interesting
Yes, that's it.
PS! Welcome to the forum!
Risk management is definitely one of the most important aspects of trading. You can be great at reading charts but if you can't manage your risks, you'll lose your profits faster then a crypto newbie loses his hope for a new lambo after the market crashes. Risk management is not only in choosing the right projects, it is also in optimizing your trading system. You should keep the funds you are not actively trading off the exchange, preferably on a secure device like a hardware wallet like Leger Nano or Trezor, or on a phone that's designed for security like BitWings' Wings WX phone. You should also take into account things like transaction fees and gate fees. And of course your behavior on the internet, although if you have a phone dedicated for security, it won't be as critical, but the correct behavior is still important.
Is that the phone: https://bitcointalk.org/index.php?topic=5110359? Saw it on the forum yesterday, seems quite interesting
free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/
I have downloaded the ebook and have read it in part.but I have not been able to read it until it is finished and at this time I have not found anything that I can realize to minimize the risk of trading.
that truly dealing with the actual market, youtube have some good sharer basic fundamentals that can be learned by newbies, a good guide before
going in and deal with the actual trading platform.
Risk management is definitely one of the most important aspects of trading. You can be great at reading charts but if you can't manage your risks, you'll lose your profits faster then a crypto newbie loses his hope for a new lambo after the market crashes. Risk management is not only in choosing the right projects, it is also in optimizing your trading system. You should keep the funds you are not actively trading off the exchange, preferably on a secure device like a hardware wallet like Leger Nano or Trezor, or on a phone that's designed for security like BitWings' Wings WX phone. You should also take into account things like transaction fees and gate fees. And of course your behavior on the internet, although if you have a phone dedicated for security, it won't be as critical, but the correct behavior is still important.
free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/
I have downloaded the ebook and have read it in part.but I have not been able to read it until it is finished and at this time I have not found anything that I can realize to minimize the risk of trading.
free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/
I have downloaded the ebook and have read it in part.but I have not been able to read it until it is finished and at this time I have not found anything that I can realize to minimize the risk of trading.
Learn from my mistake in trading, actually the first thing that we should be know and learn first in trading is about risk in trading and how to minimize it. I have seen alot of beginner trader did not use stop loss in trading so they been loss more than 90%. So we have to know how to use stop loss is the first thing we should be know.
I agree you shouldn't "believe everything you read from the internet." either.
HOWEVER, (I didnt read the guide either yet) someone out there supplies free information and that is what the internet is about (Yes, he/she wants to make money out of it obviously). But that doesn't have to be bad. They have obviously spent time creating a PDF and a real company behind.
Of course, in order to get started, you should first gather information, then test it and then continue with small amounts of money and learning from the mistakes and as time goes by you will be more experienced. HOWEVER, (I didnt read the guide either yet) someone out there supplies free information and that is what the internet is about (Yes, he/she wants to make money out of it obviously). But that doesn't have to be bad. They have obviously spent time creating a PDF and a real company behind.
On the other, both of you are right, but you should always avoid the wrong information, because false information means false analysis.
How is this book any different than 1000s others out there?
Sorry but the OP won't answer you back because it's obviously that he/she just wanted everyone to download it. I don't know what's the content of it but I assume that it will be the same rehearse thingy we can find out there. If you really wanted to be a 'expert' in trading, then get your hands dirty and see if for yourself, there's no better teacher than experience.
. And don't believe everything you read from the internet.I agree with your first statement "he/she just wanted everyone to download it".
I do agree partly with your second opinion "then get your hands dirty and see if, for yourself, there's no better teacher than experience".
It's true but in one way or another you need to read to learn the basics before you get your hands dirty, otherwise, you will burn them that hard you will never dare to come back.
I agree you shouldn't "believe everything you read from the internet." either.
HOWEVER, (I didnt read the guide either yet) someone out there supplies free information and that is what the internet is about (Yes, he/she wants to make money out of it obviously). But that doesn't have to be bad. They have obviously spent time creating a PDF and a real company behind.
I know one trading platform based on blockchain providing starting trades with new crypto trading strategies. This is NewConsort platform. It’s really a good idea for you. NewConsort team is going to launch a new generation online trading platform where best traders, coaches, and mentors will be able to share their guides to crypto trading strategy and best tutorials on how to trade financial products and cryptocurrencies with newbies. I think this is a really great idea to join best-experienced traders all over the world who can educate beginners.
for beginners, if my advice is better, find a mentor in a book and on youtube. because due to the mentor I was good at getting good trade knowledge
How is this book any different than 1000s others out there?
Sorry but the OP won't answer you back because it's obviously that he/she just wanted everyone to download it. I don't know what's the content of it but I assume that it will be the same rehearse thingy we can find out there. If you really wanted to be a 'expert' in trading, then get your hands dirty and see if for yourself, there's no better teacher than experience.
. And don't believe everything you read from the internet.
How is this book any different than 1000s others out there?
Sorry but the OP won't answer you back because it's obviously that he/she just wanted everyone to download it. I don't know what's the content of it but I assume that it will be the same rehearse thingy we can find out there. If you really wanted to be a 'expert' in trading, then get your hands dirty and see if for yourself, there's no better teacher than experience.
. And don't believe everything you read from the internet.
NewConsort things if you want to become a successful cryptocurrency trader and protect yourself from available risks in trading, set yourself a stop loss. It will help you avoid losses because of a sudden drop in price. Stop loss means a rate of the price when you automatically stop your trading. For instance, if you purchased Bitcoin Cash for $ 100 and set a stop loss of 50 %, it means when the price drops to $ 50, a broker will sell your deposits. In such a way, you protect yourself from available risks.
How is this book any different than 1000s others out there?
As a start, i really like Cryptocred's studyguide. You can find it on his twitter.
I don't know what is written on that book but trading is not something like you need to pre-planned and act according to that,it just like how you should react at that situation it may never happened in the history before.Maybe will download that book and read to see how they explained trading when I have free time for that until that I will just survive with my own strategies.
Risk management is a very important moment in trading, risks and losses force newcomers to give up their positions and lose money, so emotional mood plays an important role in trading.
Shouldn't this be in the trading discussions sections,i do not feel this has anything to do with the forum which meta is concerned about
You can move this topic(bottom left) to the trading discussions section
You can move this topic(bottom left) to the trading discussions section
free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/
Jump to: