How i can Start Trading !!!! - page 3.

timerland

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Quote from: Kevin77 on April 14, 2017, 02:30:09 PM

Quote from: annie9771 on January 21, 2017, 01:45:33 PM

Greetings! ,

I am Annie , yes i am new at this forum but playing dice is my habit since two years , and i am top 3rd player at crypto-games.net

[im g]https://i.imgur.com/oSgqAbS.jpg[/img]

i daily read about altcoins trading and yes in these days buying and selling altcoins , at yobit, poloniex and bittrex.

In Short, my question is this still i am unable to get profit, so please i need help and suggestions and if someone wants to tell me any secret then sure i will pay for it.

Thanks

Congratz man on being such a nice gambler and a big whale if I am not wrong. Since you already know how altcoins work and where to keep them, since you gamble with doges as in that picture, you should just visit a exchange site like poloniex or bittrex and start trading there. But mate since you are a big holder make sure you know the limits on poloniex daily and monthly usage of dollars ( they ave some limit over withdraw ) though I personally never able to cross that limit Tongue

It is a very hard task to start your journey on markets, and it doesnt matter if these are forex, stocks or crypto- you need to know the basics of trading, the mechanics and knowledge about the asset you are willing to buy/sell.
But if someone (like annie) is well-educated about altcoins and their markets, then trading becomes easier, you dont have to learn from the scratch.

I would propose to start trading on the alt you know the best as a first thing, because there will be no troubles with data about it.
After getting used to the mechanics of the markets, I would start observing other pairs, to see if they are attractive for me, or not.

Humanxlemming

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If your just a new in trading and doesn't have such knowledge about what trading is it, try first to invest just a very small like 0.01BTC to 0.005BTC, then try how it works just a tip if you will buy an coins reasearch first about on what coins isn't, and if its have a good plan and roadmap that will trully make

MoneyIsDebt

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Quote from: omonuyak on April 13, 2017, 08:18:47 AM

Quote from: angrybirdy on February 01, 2017, 11:43:25 AM

Quote from: icecube45 on January 22, 2017, 09:16:49 AM

Loss at the start of trading in my opinion it is reasonable, because to be profitable in the trade required a good learning. Maybe a little suggestion in the early start of trade would be better to establish the amount of profit and loss, it is intended that you start a trade according to your target. After that begin to analyze and you should know how the trend at the time, adjust to the market conditions at the time. The basic method of trading is basically technical and fundamentals. I'm sure if you're already familiar definitely be can get a profit.

Cotinuous learning is the key. 'the basic method of blah, blah, blah' don't know what you mean.

Yes " continuous learning is the key" professional traders leaned and developed their skills through consistent Learning. For traders that are new in forex or trading, what you need to do first is to demo trade or open a practice account then from there develop your skills on how to trade skillfully , before risk your trading capital.

start with a very less investment or open a dummy account for the the practice and learn the basic techniques or rules of it. rather than without experience or skills it will turn it into a big loss in your investment. so, learn the skills through less investment and when you are experienced than do it with good investment so, it will really help you. in one line trading altcoin is a very best source of earning but without experience it is worst.

jossiel

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Quote from: danherbias07 on April 14, 2017, 04:43:33 AM

Quote from: jossiel on April 14, 2017, 04:28:59 AM

There's no secret in trading, what you need to do is dedicate enough time for learning the market of alt coins and as well as bitcoin.

You don't have pay for any method or tutorial because what you need is experience. Just make sure that you will start with small amount.

So that if ever your loss will be continuous it is not going to be that heavy on your part.

Yeah that is the best way.
I will just add something to prevent wrong decision. Dont try to agree wirh the chatbox experts. They are just trolls or maybe they are trying to pump their own coins.
This method happens in Yobit and different trading websites with a chatbox. They create accounts for you to think they are different person.
I can vouch from it because i have been a victim.
Make your own decisions from getting knowledge in different altcoins.

Oh yes, those trolls from the chatboxes are keep on saying that "this coin will pump for the next minutes, buy now."

And afterwards they will say, "this coin will be dead soon, try to sell out." most of them are spread in every trading site chatboxes.

They are surely will going to do nothing but false information when you are a newbie. I've been a victim of it too.

But upon knowing that those guys really does have time to do trolls and make it for their living, I don't fall for it easily right now.

stolendata

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Quote from: jossiel on April 14, 2017, 04:28:59 AM

There's no secret in trading, what you need to do is dedicate enough time for learning the market of alt coins and as well as bitcoin.

You don't have pay for any method or tutorial because what you need is experience. Just make sure that you will start with small amount.

So that if ever your loss will be continuous it is not going to be that heavy on your part.

yes that is right to say that there noting secret in trading you just need to get some good experience in trading and then you can really show good result in trading.

Devboy

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Quote from: jossiel on April 14, 2017, 04:28:59 AM

There's no secret in trading, what you need to do is dedicate enough time for learning the market of alt coins and as well as bitcoin.

You don't have pay for any method or tutorial because what you need is experience. Just make sure that you will start with small amount.

So that if ever your loss will be continuous it is not going to be that heavy on your part.

I agree with you. Trading like professionalism not like others job, it's completely different what you have expected. You should need learning altcoins industry and in details knowlege among the marketplace. Overall, you have ensured your skilled, busy with survey that's definitely help you further for smoothly walking.

Kevin77

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Quote from: annie9771 on January 21, 2017, 01:45:33 PM

Greetings! ,

I am Annie , yes i am new at this forum but playing dice is my habit since two years , and i am top 3rd player at crypto-games.net

[im g]https://i.imgur.com/oSgqAbS.jpg[/img]

i daily read about altcoins trading and yes in these days buying and selling altcoins , at yobit, poloniex and bittrex.

In Short, my question is this still i am unable to get profit, so please i need help and suggestions and if someone wants to tell me any secret then sure i will pay for it.

Thanks

Congratz man on being such a nice gambler and a big whale if I am not wrong. Since you already know how altcoins work and where to keep them, since you gamble with doges as in that picture, you should just visit a exchange site like poloniex or bittrex and start trading there. But mate since you are a big holder make sure you know the limits on poloniex daily and monthly usage of dollars ( they ave some limit over withdraw ) though I personally never able to cross that limit Tongue

el kaka22

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Quote from: jossiel on April 14, 2017, 04:28:59 AM

There's no secret in trading, what you need to do is dedicate enough time for learning the market of alt coins and as well as bitcoin.

You don't have pay for any method or tutorial because what you need is experience. Just make sure that you will start with small amount.

So that if ever your loss will be continuous it is not going to be that heavy on your part.

Learning altcoins or bitcoins means we need to study on potential aspects not on technical side. Instead of spending time on that, we can simply learn common things which are more effective to make profits in trading. Yes, the common things are different trading tools and strategies, which are applicable to all types of trading.

Learning trading strategies and tools are becoming so easier now a days thanks to youtube videos and lots of other resources like blogs and forums. Just showing interests and dedications are more than enough to get ourselves experts. I believe these alone more than enough to get start with trading.

danherbias07

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Quote from: jossiel on April 14, 2017, 04:28:59 AM

There's no secret in trading, what you need to do is dedicate enough time for learning the market of alt coins and as well as bitcoin.

You don't have pay for any method or tutorial because what you need is experience. Just make sure that you will start with small amount.

So that if ever your loss will be continuous it is not going to be that heavy on your part.

Yeah that is the best way.
I will just add something to prevent wrong decision. Dont try to agree wirh the chatbox experts. They are just trolls or maybe they are trying to pump their own coins.
This method happens in Yobit and different trading websites with a chatbox. They create accounts for you to think they are different person.
I can vouch from it because i have been a victim.
Make your own decisions from getting knowledge in different altcoins.

jonsnow888

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Quote from: annie9771 on January 21, 2017, 01:45:33 PM

I am Annie ...

Hi Annie, I'm sure you learned some things from dice trading (hopefully bankroll management) that you can use in trading alts.

First, I agree with the advice below:

Quote from: Dudeperfect on January 21, 2017, 11:51:51 PM

I would advise you to start practical trading with low amounts and do that more frequently. Make sure you pick the right pair for trade because there are more than 600 altcoins at this moment and most of them are going to end up with a loss so be careful while choosing a pair.

Here's how you can learn how to trade:

1. Set a small budget and deposit to more than 1 exchange (e.g. poloniex, kraken, btc-e).
2. Pick an altcoin that is not very hyped, but has some volume, and try to do a test trade.
3. Watch the orderbook and try to observe how people trade (this is to get a basic understanding of how it works not to mimic them - assume that they are losing).
4. Start learning the basics of technical analysis (you can learn the basics in a few days) and practice making your own analysis on places like BitcoinWisdom, CryptoWat.ch, TradingView.
5. Start making trades based on technical analysis, and don't risk too much at once (use solid bankroll management).
6. Don't pour more of your own money into it. Try to survive with your starting bankroll and reinvest all profits.

This is how you get started. If you can make it a habit like dice, your skill will definitely improve and you should become profitable.

Good luck!

jossiel

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There's no secret in trading, what you need to do is dedicate enough time for learning the market of alt coins and as well as bitcoin.

You don't have pay for any method or tutorial because what you need is experience. Just make sure that you will start with small amount.

So that if ever your loss will be continuous it is not going to be that heavy on your part.

boyptc

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For op, if you think that you are good in dice why not just pursue your dicing career? But if you are truly want to explore in trading, don't give up, that's a very normal thing in starting your trading career. Try to focus on some alt coins and know to yourself and assure that you will have time for monitoring them. Follow some tips and you'll be at good hands.

(o)(o)ilikeboobs(o)(o)

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Quote from: annie9771 on January 21, 2017, 01:45:33 PM

Greetings! ,

I am Annie , yes i am new at this forum but playing dice is my habit since two years , and i am top 3rd player at crypto-games.net

i daily read about altcoins trading and yes in these days buying and selling altcoins , at yobit, poloniex and bittrex.

In Short, my question is this still i am unable to get profit, so please i need help and suggestions and if someone wants to tell me any secret then sure i will pay for it.

Thanks

In trading their is no secret ,only one policy that is first analyze and collect all details about the coin in which you are going to start trading. for some days observe the way of trading and then first try with small amount and then when you are confident then go for higher limit but main key is patience if you are stuck in high buying price then wait and dont get panic and sell off in loss.

Potato Chips

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Quote from: ChronoLite on April 12, 2017, 09:21:13 PM

Quote from: richardsNY on April 12, 2017, 03:07:55 PM

There are several apps and sites that allow you to trade with virtual money, but that by far isn't the same as is the case when you start trading with real money.

When playing with virtual money or we can called Demo, people doesn't care about risk they would get because they don't even lose single penny with the virtual money, playing with virtual money doesn't help you much if someone think like that.

Then the answer is simple. Don't think like that. Sometimes it all comes down to your guts and willingness. If you have strong emotions like that. Making a demo account will be truly useful as beginners tend to lose more money than the experienced ones. In this way you can avoid losing pennies.

Quote from: J Gambler on April 13, 2017, 08:30:26 AM

Base on my experienced about readings from internet and here in forum I just learned on how to trade perfectly I implemented those I read on this forum from people who giving advices to me. It is better to figure it out by your self than following some ones move follow what you've think you will gain income.

It is impossible to trade perfectly even the veterans can't do this what's more if its a beginner. Yah. Its good to learn the basic things from the internet by reading articles, discussing on forums, watching videos but you shouldn't just follow what they say. Understand that by learning you are not just repeating informations but instead you will learn how to think for yourself to have original thoughts.

J Gambler

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Base on my experienced about readings from internet and here in forum I just learned on how to trade perfectly I implemented those I read on this forum from people who giving advices to me. It is better to figure it out by your self than following some ones move follow what you've think you will gain income.

omonuyak

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Quote from: angrybirdy on February 01, 2017, 11:43:25 AM

Quote from: icecube45 on January 22, 2017, 09:16:49 AM

Loss at the start of trading in my opinion it is reasonable, because to be profitable in the trade required a good learning. Maybe a little suggestion in the early start of trade would be better to establish the amount of profit and loss, it is intended that you start a trade according to your target. After that begin to analyze and you should know how the trend at the time, adjust to the market conditions at the time. The basic method of trading is basically technical and fundamentals. I'm sure if you're already familiar definitely be can get a profit.

Cotinuous learning is the key. 'the basic method of blah, blah, blah' don't know what you mean.

Yes " continuous learning is the key" professional traders leaned and developed their skills through consistent Learning. For traders that are new in forex or bitcoin trading, what you need to do first is to demo trade or open a practice account then from there develop your skills on how to trade skillfully , before risk your trading capital.

ChronoLite

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Quote from: richardsNY on April 12, 2017, 03:07:55 PM

There are several apps and sites that allow you to trade with virtual money, but that by far isn't the same as is the case when you start trading with real money.

When playing with virtual money or we can called Demo, people doesn't care about risk they would get because they don't even lose single penny with the virtual money, playing with virtual money doesn't help you much if someone think like that.

Sled

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Quote from: timerland on April 12, 2017, 02:32:51 PM

Quote from: bravehearth0319 on April 11, 2017, 02:05:02 PM

In trading industry. We shouldn't think that trading is just an easy things were you can gain profit in a quick manner. Of course is not like that. Just always remember for you able to start trading in the platform you must first the basic stage of this one, and you must be aware of the coins were you're going to trade in and third you must know how to analysis in doing trade.

I dont get that,nobody in the trading industry says that things we have acces to and know how to use are easy to learn or get.

As a new trader you play against many kinds of different players, like big fishes or smart and old traders.
In fact, they have advantage beyond you which sets you up on a losing position

Only good cash menagement and correct exit techniques may lead you to good results, and what about rest of neccesary skills?

That is right. There is a lot of traders who are good in trading like the manipulators, professional traders and the old traders in the market. They almost know everything because of their experience and that is what you are lacking of, if you just trade and get some experiences then you can deal with them and beat them in trading performance because that is what makes the traders have gap and that is experience, get that experience and the skills and other kinds of things will follow.

richardsNY

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Quote from: gabbie2010 on April 12, 2017, 10:41:45 AM

Google out profitable trading strategy and start demoing until you are making consistent profits then you can deposit and design your trading plans and stick to it. then you go live trading with the amount of money you can afford to lose.

There are several apps and sites that allow you to trade with virtual money, but that by far isn't the same as is the case when you start trading with real money. People are more likely to take high risks as it doesn't cost them a single penny in case they lose out. If they then jump into the market with real money, things get serious and thus they will behave completely different. Or they will look carefully when to enter the market, or they go yolo (buy blindly). I think the latter is more often than not a frequent occurrence.

timerland

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Quote from: bravehearth0319 on April 11, 2017, 02:05:02 PM

In trading industry. We shouldn't think that trading is just an easy things were you can gain profit in a quick manner. Of course is not like that. Just always remember for you able to start trading in the platform you must first the basic stage of this one, and you must be aware of the coins were you're going to trade in and third you must know how to analysis in doing trade.

I dont get that,nobody in the trading industry says that things we have acces to and know how to use are easy to learn or get.

As a new trader you play against many kinds of different players, like big fishes or smart and old traders.
In fact, they have advantage beyond you which sets you up on a losing position

Only good cash menagement and correct exit techniques may lead you to good results, and what about rest of neccesary skills?

Topic: How i can Start Trading !!!! - page 3. (Read 8898 times)