How much money and which rule follow for trade?? - page 3.

BlueStackz

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Quote from: Pattart on April 13, 2019, 04:35:57 AM

Quote from: Mpamaegbu on April 07, 2019, 12:20:25 AM

Don't put the cart before the horse

First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.

Agree, because what matters is not how much capital you have, an expert trader can generate big profits only from small capital,
the first rule that you must have is skilled skills, and the second is set of capital according to your financial abilities

Skills and practice is the most vital thing like you said, when it comes to trading, money cannot buy us success if we don’t approach our trading in the right way, and the only way we can have a better approach is when we have the necessary knowledge and strategy to carry out such trade, and coupled with the fact that we have to know that mistakes are bound to happen no matter how perfect we think we are, that is why as a normal trader, we should only trade with any money that we feel we can let go off and not money that will make us stay away from trading finally after we have blown it finish before becoming perfect.

Pattart

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Quote from: Mpamaegbu on April 07, 2019, 12:20:25 AM

Don't put the cart before the horse

First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.

Agree, because what matters is not how much capital you have, an expert trader can generate big profits only from small capital,
the first rule that you must have is skilled skills, and the second is set of capital according to your financial abilities

Pamadar

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Quote from: DeadCoin on April 10, 2019, 02:01:28 PM

Quote from: Mila52 on April 10, 2019, 05:52:11 AM

There are many articles of strategies and videos about trading, but without knowledge and experience it's difficult to get permanent profit . I will advise three rules:
1. Be patient and don't expect fast profits
2.Don't put all the eggs in one basket) Always have a plan "B"
3. Invest as much as you aren't afraid to lose.

No set rules as such. Just go with it. Take a complete study of best coins projects, exchanges that have good volumes with traders crowded. Invest in coins that are less than $1. Invest little a training for a period. Once you are sure about how trading should be done, then yes go ahead investing in other best coins.

Slowly but have a good directions, it's always better to have good knowledge regarding to investment that you will going to take, most traders have their very own style and keeps improving it over and over, there's no real system unless being keen to adopt certain situations that happened and learned how to apply it for your winning strategy.

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Quote from: Mila52 on April 10, 2019, 05:52:11 AM

There are many articles of strategies and videos about trading, but without knowledge and experience it's difficult to get permanent profit . I will advise three rules:
1. Be patient and don't expect fast profits
2.Don't put all the eggs in one basket) Always have a plan "B"
3. Invest as much as you aren't afraid to lose.

No set rules as such. Just go with it. Take a complete study of best coins projects, exchanges that have good volumes with traders crowded. Invest in coins that are less than $1. Invest little a training for a period. Once you are sure about how trading should be done, then yes go ahead investing in other best coins.

Mila52

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There are many articles of strategies and videos about trading, but without knowledge and experience it's difficult to get permanent profit . I will advise three rules:
1. Be patient and don't expect fast profits
2.Don't put all the eggs in one basket) Always have a plan "B"
3. Invest as much as you aren't afraid to lose.

Finestream

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Quote from: spadormie on April 09, 2019, 02:24:35 PM

Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.

If you are a newbie and doesn't want to read and read, just invest in bitcoin and do it for a long term investment. Shorting bitcoin requires knowledge and skills in trading. Regarding the money, fortunately there's none required for that. You can trade whatever amount that is.

Just invest with the amount you can afford to lose.Because it's really inevitable that during your first time in trading,losses may come naturally so prepare for it.And keep on learning in trading through continues studies and varied experiences in trading.In the end,nothing would help you but only yoursef you can trust.

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Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.

If you are a newbie and doesn't want to read and read, just invest in bitcoin and do it for a long term investment. Shorting bitcoin requires knowledge and skills in trading. Regarding the money, fortunately there's none required for that. You can trade whatever amount that is.

emberbekas

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Quote from: binhvo1505 on April 09, 2019, 01:12:14 PM

Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

First of all, you need to understand a lot about the basic principles of investment. because even if you have a lot of money, you will lose it when you invest blindly and have no knowledge of the market.
Observe and read more to get a better overview of the market. After that, you will definitely have the perfect strategy.

Of course, people who will put money into something must know or at least fancy with such thing. If trading is something new for us, of course we must learn it first before actually plunging into it. Practicing regularly and looking for references from various sources are ways that we can take. While how much money we have to use, it will depend on the financial capacity of each individual.

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Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

First of all, you need to understand a lot about the basic principles of investment. because even if you have a lot of money, you will lose it when you invest blindly and have no knowledge of the market.
Observe and read more to get a better overview of the market. After that, you will definitely have the perfect strategy.

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Quote from: Oceat on April 09, 2019, 11:34:17 AM

Quote from: noormcs5 on April 07, 2019, 01:15:57 AM

Quote from: Mpamaegbu on April 07, 2019, 12:20:25 AM

Don't put the cart before the horse

First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.

I think youtube is not a place to start learning trading because there is a lot of material available on youtube but it is so much scattered and you may lose your way if you start to follow it. A better approach is to learn trading from any teacher / friend etc who is already doing it, as he will be able to teach your from the start.
Trading is a full time job and you cannot be a successful trader unless you learn it properly.

There are so many available tutorials and guide on the internet these days some of them are free. You gotta have to look carefully on searching them because some of these tutorials are not really giving the exact information that you want to know. So better read carefully everything and apply it in trading, since trading really need an experience for you to be able to fully understand.

In addition to those advise you need to practice trading (demo) after learning from those tutorials via trading platform eg Mt4 platform or cryptos stimulators to get accustom to all rudiments of trading so as to gain more experience and consistently making profits before going live.
You should ensured that you device a working strategy equipped with a good money management and trade with maximum of 5% of your total portfolio irrespective of the amount funded for trading.

Oceat

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Quote from: noormcs5 on April 07, 2019, 01:15:57 AM

Quote from: Mpamaegbu on April 07, 2019, 12:20:25 AM

Don't put the cart before the horse

First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.

I think youtube is not a place to start learning trading because there is a lot of material available on youtube but it is so much scattered and you may lose your way if you start to follow it. A better approach is to learn trading from any teacher / friend etc who is already doing it, as he will be able to teach your from the start.
Trading is a full time job and you cannot be a successful trader unless you learn it properly.

There are so many available tutorials and guide on the internet these days some of them are free. You gotta have to look carefully on searching them because some of these tutorials are not really giving the exact information that you want to know. So better read carefully everything and apply it in trading, since trading really need an experience for you to be able to fully understand.

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Quote from: fasdorcas on April 06, 2019, 04:04:08 AM

And anyone who is investing in cryptocurrency should know what exchange will work best for them. Some exchanges are really a waste of time and you should not go for them. For newbies , it’s best to start with Coinbase and gain experience of everything . Coinbase is secured and they have everything you will need, including wallet , exchange etc.

Even the best exchange there is has people who are complaining about them. Bitfinex is a good exchange but lately I have seen a few people that complained about having some problem with withdrawal. One thing is that if you’re going for any exchange just try to understand everything about them and how they work. There are rules as well, and you should know them and also abide by those rules. This way you’re not going to have any problem with them.

Quote from: fasdorcas on April 06, 2019, 04:04:08 AM

What you’re investing depends on you. Some people might find it difficult to invest $10,000 but to others , that $10,000 is nothing.

But, I guess any new trader can start with $500 or below to that still it all depends on how much you have. Some people recommend that you go into trading with 1- 5% of what you have. Reason for this is that trading has risk and you can lose at the time you least expect it. So you should calculate what you have and see how much the 1% -5% gives you. If it’s around $500 and above, then it’s a good start.

Tungsten-1

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Quote from: Nasty23 on April 05, 2019, 05:37:00 PM

Quote from: John46285 on April 05, 2019, 03:40:37 PM

Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

Trading is not so easy especially for the newbie. But you can learn it by starting with a small amount of money. The most important rules you need to maintain is technical analysis. Without it you can't get much success on trading.

I agree, there is no amount of money needed in doing trading because if you are newbie it's better to start in a small amount of money on which you can encounter different struggles in order to know and develop your trading strategy and it will help you to avoid too much loss in the start.

Yeah if you are new and you don’t know well about trading rules you can start with miner amount of money which you are not afraid to lose, but those who has good experience and who knows market rise and fall can make profit even starting from anytime, I got good profit with my long term trading as I bought in 2016 and trade in 2017, so I made good profit.

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Quote from: Mpamaegbu on April 07, 2019, 12:20:25 AM

Don't put the cart before the horse

First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.

I think youtube is not a place to start learning trading because there is a lot of material available on youtube but it is so much scattered and you may lose your way if you start to follow it. A better approach is to learn trading from any teacher / friend etc who is already doing it, as he will be able to teach your from the start.
Trading is a full time job and you cannot be a successful trader unless you learn it properly.

Mpamaegbu

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Don't put the cart before the horse

First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.

Huskarls

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Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

You can be sure it has nothing to do with crypto and vice versa. All the crises that occur there are purely from an economic failure that is even getting worse. Venezuela is currently not in need of assistance with "crypto" tags or the like. They need real economic help. Youtube is the main resources you can learn crypto trading

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Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum has many expert traders so I requested to all please tell me your experience about trading.

You could actually start with a small capital. What you need to do first is to learn the fundamentals and basics of trading. If you'll start with a huge amount, you might end up with regrets. Learn everything about crypto first. Using some helpful tools to gain knowledge would be an advantage.

ToyotaFortuner

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Quote from: BUK2016 on April 05, 2019, 04:34:28 PM

Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

I don't think you have your fact correct as you mentioned that Bitcoin value was down in the last two years. You cannot in any way refer to 2017 as the year that Bitcoin market value was down.
You can start trading crypto currency with as low as $50 in most of the exchange and I don't really believe there is a maximum amount of money to trade with in most of the exchange.

to study indeed it seems like you don't have to use a lot of capital even you can just by observing the condition of price movements in the market you can also learn from that moment to find out the right time to buy and sell coins.

fasdorcas

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Quote from: lovesmayfamilis on April 01, 2019, 08:20:37 AM

Quote from: rysea2 on March 26, 2019, 02:01:12 PM

In my opinion, current market conditions are a good time to start investing or trading because all coin prices are relatively low. And for the funds that you will use, you should not directly use funds that are too large and enough funds that you are ready to lose.

First, you need to make a plan. To invest correctly, you need to know more about where you are going to invest your money. In any situation, you need to be able to lose. And lose without drama. Nerves are always worth more than money.

And anyone who is investing in cryptocurrency should know what exchange will work best for them. Some exchanges are really a waste of time and you should not go for them. For newbies , it’s best to start with Coinbase and gain experience of everything . Coinbase is secured and they have everything you will need, including wallet , exchange etc.

What you’re investing depends on you. Some people might find it difficult to invest $10,000 but to others , that $10,000 is nothing. So it’s all about how much you have and how much you will like to risk. As for the analysis, it is something you will need to learn to do by yourself, though I do see people who pay for it. And you can also be getting free price analysis of Bitcoin and other coins from cointelegraph.com.

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Quote from: John46285 on April 05, 2019, 03:40:37 PM

Quote from: Badon2019 on March 22, 2019, 05:09:56 PM

Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

Trading is not so easy especially for the newbie. But you can learn it by starting with a small amount of money. The most important rules you need to maintain is technical analysis. Without it you can't get much success on trading.

I agree, there is no amount of money needed in doing trading because if you are newbie it's better to start in a small amount of money on which you can encounter different struggles in order to know and develop your trading strategy and it will help you to avoid too much loss in the start.

Topic: How much money and which rule follow for trade?? - page 3. (Read 14442 times)