Topic: How do you start trading? - page 5. (Read 3271 times)
I learned to trade and start with myself self-taught, I learned many things on the internet and from my friends to start trading assets in the market, I also learned from my own experience when trading on the market when prices went up and down.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
trading on cryptocurrency certainly can be profitable if we understand the basic strategy of trading, maybe a simple way you can do to start trading you can try it with small capital first so that you can minimize the risk of loss.Can you share guys how do you start with this line?
yes, I always suggest to my friend who is new in trading to use small capital while they learn about the basic rule in trading. I've told them to not afraid if somehow they are losing the money and they need to know how they made that mistake so they can learn about how to prevent the mistake. besides that, they need to learn about how to analyze the chart, the position of buying and sell order, how much the volume of one coin in 24 hours and other else. and if they can do this, I am sure that their skills will grow and it means, they can increase their profit because they can be able to analyze which coins that can make a profit.
Before starting it, the beginner has to understand if the trading is for him or not. Probably, he will never accept the market volatility or he has some more important work to spend his time on the crypto.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Can you share guys how do you start with this line?
Start trading when you know what you're doing , sets limits . Know when to sell and buy . dont let emotion interfere your trading decision. Buy the rumor sell the news. I'm not expert but it worked for me.
Make your own research about the different coins in the market. Read the news and the charts. Compare also exchange platforms, especially the fees. For active traders, i think IDCM is one good choice of an exchange. Unique features and lots of promo offers.
The bitcoin market is volatile and there are plenty of opportunities for those who like to invest in risky capital and want to make a high profit. Invest in bitcoin.
if you don't know how to start for trading just study first more search about trading because trading has risky and more strategy is advance. and then if you are ready to trade just start in small amount dont spend to much at first because you are in the practice level.
I think so much information, on the internet about trading, you can even find it on YouTube. to start trading is also very easy, when you have something, or coins that other people need, you can already do it. however, what is difficult is to develop the strategy.
There's a lot of issue regarding on trading and one of the biggest mistake I ever made when I was a newbie is when I send my bitoincash to bitcoin address. When I was a newbie, the logo of this two are almost the same. That's why I feel so confident before, but I instantly loss my money. So if you want to avoid that common mistake, be sure that you understand the trading method and it's sub idea like exchanges, wallets and many more.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Can you share guys how do you start with this line?
you can start by watching my videos, I explain in every detail for new traders to understand how the PROs trade...
https://www.youtube.com/watch?v=ErVvJU-_Pxw&t=56s
if you don't know how to start for trading just study first more search about trading because trading has risky and more strategy is advance. and then if you are ready to trade just start in small amount dont spend to much at first because you are in the practice level.
I always start with YouTube tutorials and then read on top of that but if you are better at reading, then just start with that. I am better with seeing someone go through certain steps first so that I can be diligent.
Watching youtube for me is the best way to start trading because in YouTube they teach us step by step on how you do trading. There are a lot of kind of trading in YouTube just research where you trade.
I always start with YouTube tutorials and then read on top of that but if you are better at reading, then just start with that. I am better with seeing someone go through certain steps first so that I can be diligent.
For the new traders and I, it's important to start with learning all you can about the subject of trading generally, familiarise yourself either trading processes and learn about cryptocurrency and bitcoin in particular. Nice you are ready, start trading what you can afford to lose first and then you will have experience to trade big in the future!
Yea. Its easy to say like that, but in reality I doubt you are even following whatever you said this time. Most likely you just lose and can't move on with your losses, familiarize yourself on trading is fine but if you can't thinking out of the box and just following the general ideas you would probably lose more.agree with it, I in trading it is normal to have losses because not in anytime you can make profit. the question is how to handle emotion base in times of losses, learning trading maybe not predictable yet can prevent losses
thank guys for sharing your thoughtshandling emotion is one of the difficult things especially if we are losses, but if we can say to ourselves that losing the money is part of trading, and we are trying to accept our losses, I am sure that soon we can easy to handle the loss. it cannot be done in one night, but it needs time before we can realize that behind of the loss, we have a chance to recover the money and back to make a profit. doing trading means we need to accept that we have two option in trading which makes a profit and get the loss. once you understand this, you can handle your emotion.
yes, you are right. I see that a new trader, especially my friends who are new to trading, always expecting to make money fast. but I told them that you cannot expect and hope to make a profit in the short time especially if the market cannot be predicted as today. we don't know which coin that can increase in the next day or how long we need to hold the coin so we can sell at the high price. but if you can learning something related to trading, at least, you can try to make a profit even in the hardest situation as today. so I always tell them to still learn more, no matter if the market is easy to trade or in the hard situation.
For the new traders and I, it's important to start with learning all you can about the subject of trading generally, familiarise yourself either trading processes and learn about cryptocurrency and bitcoin in particular. Nice you are ready, start trading what you can afford to lose first and then you will have experience to trade big in the future!
Yea. Its easy to say like that, but in reality I doubt you are even following whatever you said this time. Most likely you just lose and can't move on with your losses, familiarize yourself on trading is fine but if you can't thinking out of the box and just following the general ideas you would probably lose more.agree with it, I in trading it is normal to have losses because not in anytime you can make profit. the question is how to handle emotion base in times of losses, learning trading maybe not predictable yet can prevent losses
thank guys for sharing your thoughtshandling emotion is one of the difficult things especially if we are losses, but if we can say to ourselves that losing the money is part of trading, and we are trying to accept our losses, I am sure that soon we can easy to handle the loss. it cannot be done in one night, but it needs time before we can realize that behind of the loss, we have a chance to recover the money and back to make a profit. doing trading means we need to accept that we have two option in trading which makes a profit and get the loss. once you understand this, you can handle your emotion.
We should be first learn about trading in demo account and learn how to determine support and resistance area to get best price for buy and sell. To be expert trading is not easy, we should also learn about management of risk and money. In crypto trading i see many trader did not use stop loss and this is big mistake because price of crypto can be crash just a few hours, and we can not monitor the market 24/7.
In my opinion Trading simulating apps are a good way to start. They give you the basic understanding of trading it self in practice. And practice is very important.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
trading on cryptocurrency certainly can be profitable if we understand the basic strategy of trading, maybe a simple way you can do to start trading you can try it with small capital first so that you can minimize the risk of loss.Can you share guys how do you start with this line?
yes, I always suggest to my friend who is new in trading to use small capital while they learn about the basic rule in trading. I've told them to not afraid if somehow they are losing the money and they need to know how they made that mistake so they can learn about how to prevent the mistake. besides that, they need to learn about how to analyze the chart, the position of buying and sell order, how much the volume of one coin in 24 hours and other else. and if they can do this, I am sure that their skills will grow and it means, they can increase their profit because they can be able to analyze which coins that can make a profit.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
trading on cryptocurrency certainly can be profitable if we understand the basic strategy of trading, maybe a simple way you can do to start trading you can try it with small capital first so that you can minimize the risk of loss. Can you share guys how do you start with this line?
For new trader at first you should know about scam, fake and cheat coin. You should also know about exchange web & it,s fee. There are some rules. Give more time for study and you learn more cryptocurrenc. Otherwise there have possibility to falldown.
You have to start trading with small amounts, try out different exchanges and different strategies.
Study the coin first you are planning to trade and define your strategy and stick to it.
Study the coin first you are planning to trade and define your strategy and stick to it.
One requirement before trading is to have knowledge and enough capital to start with. And then, look for exchanges which you feel comfortable and very easy to used. It is very often for us to loss our money at the start cause we are still learning, but it can be avoided if we fully engaged and study market charts for our guide and do control our emotions.
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