How to make a successful Trade? - page 7.

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Quote from: socks435 on October 29, 2016, 12:59:04 PM

Quote from: Oralmat on October 29, 2016, 12:45:23 PM

Quote from: xSkylarx on October 25, 2016, 09:16:36 AM

Successful trade is where you buy low and sell it for a higher price. But a successful trade requires patience to make it happen. If you are not willing to wait then you can't do any successful trade.

I also have same thinking. First thing, which anyone buy the coins only buy when its price in a cheap rate, and sell when you think, now it has a double price, But it is basis rule of trading. But for successful trader, depend on your skills, who you can earn and which coin you will choose, and should wait otherwise if we do hurry in trading than may be we can't too much earn from it.

Yeah patience is one of the needs in trading.. but honestly there is other traders are trading for hourly or daily basis.. because the movement of altcoin and bitcoin are fast.. For me i was just holding it for a long time and waiting for the right time to sell

most of traders are doing trading in daily basis and in short term of time if they're trading in altcoins,the only people who waiting for such specific coin to grow its price is investor who getting involved into ICO whilst trader seeking advantages of price margin

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Quote from: Docnaster on October 29, 2016, 01:15:15 PM

Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

By holding them that long waiting for the price increase is best and you need to have lots of patience when it come on trading buying some of good akternative coins and then sell it when the price is really high you can set the amount price if you want too.

Well, that method has been very effective for every trader so far. Holding our bitcoins is what makes us rich when we have a good amount of investment. And in whatever angle you will look you can tell that buying low and selling high principle is always the best practice, however you need to have the right timing.

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Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

By holding them that long waiting for the price increase is best and you need to have lots of patience when it come on trading buying some of good akternative coins and then sell it when the price is really high you can set the amount price if you want too.

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Quote from: Oralmat on October 29, 2016, 12:45:23 PM

Quote from: xSkylarx on October 25, 2016, 09:16:36 AM

Successful trade is where you buy low and sell it for a higher price. But a successful trade requires patience to make it happen. If you are not willing to wait then you can't do any successful trade.

I also have same thinking. First thing, which anyone buy the coins only buy when its price in a cheap rate, and sell when you think, now it has a double price, But it is basis rule of trading. But for successful trader, depend on your skills, who you can earn and which coin you will choose, and should wait otherwise if we do hurry in trading than may be we can't too much earn from it.

Yeah patience is one of the needs in trading.. but honestly there is other traders are trading for hourly or daily basis.. because the movement of altcoin and bitcoin are fast.. For me i was just holding it for a long time and waiting for the right time to sell

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Quote from: xSkylarx on October 25, 2016, 09:16:36 AM

Successful trade is where you buy low and sell it for a higher price. But a successful trade requires patience to make it happen. If you are not willing to wait then you can't do any successful trade.

I also have same thinking. First thing, which anyone buy the coins only buy when its price in a cheap rate, and sell when you think, now it has a double price, But it is basis rule of trading. But for successful trader, depend on your skills, who you can earn and which coin you will choose, and should wait otherwise if we do hurry in trading than may be we can't too much earn from it.

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Quote from: explekepek on October 29, 2016, 02:22:22 AM

can i ask a question sir? what escrow stands for? thanks. i really dont know what escrow is

Escrow works as a middle-man between two or more parties as he is trusted with the things/funds/service and is allowed to hold everything until the buyer pays him for the deal and then he sends the things to him and releases the funds to the seller after deducting his fee...

To make a successful trade, it is necessary to watch out the value of Bitcoins all time if you are already in, there are even exchanges which allow margin trading where you can even short your positions to make money off sell positions...

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Quote from: chaser15 on October 29, 2016, 07:04:27 AM

Quote from: explekepek on October 29, 2016, 02:22:22 AM

can i ask a question sir? what escrow stands for? thanks. i really dont know what escrow is

Escrow stands a middleman in a certain transaction between two parties. Since they are so called middleman when both parties are dealing with a transaction, they must be trusted.

For a much simply explanation, here is some basic example: Person A selling a product , Person B wants the product. Since no such thing as instant exchange they need to use escrow services to make the transaction deal quite safe. Person B will give the money to the escrow and after that Person A will give the item to buyer. After Person B confirms that all are smooth then the escrow can now give the amount that Person B handed to him.

That's a basic information everyone should know as we are here in the crypto world where you cannot trust your transacting party so you need a more trusted person here although you do not know him/her personally. If you doubt you can also go to a escrow business like a legitimate company.

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Quote from: explekepek on October 29, 2016, 02:22:22 AM

can i ask a question sir? what escrow stands for? thanks. i really dont know what escrow is

Escrow stands a middleman in a certain transaction between two parties. Since they are so called middleman when both parties are dealing with a transaction, they must be trusted.

For a much simply explanation, here is some basic example: Person A selling a product , Person B wants the product. Since no such thing as instant exchange they need to use escrow services to make the transaction deal quite safe. Person B will give the money to the escrow and after that Person A will give the item to buyer. After Person B confirms that all are smooth then the escrow can now give the amount that Person B handed to him.

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Quote from: carlfebz2 on October 29, 2016, 05:47:38 AM

Quote from: explekepek on October 29, 2016, 05:42:53 AM

Quote from: GregH37 on May 28, 2016, 11:23:34 PM

A successful is that you buy bitcoin with lower price and sell them little higher and get some benefit from it.
but every exchange site have different exchanging system you should know that how they works. localbitcoin is a different type of site, it is actually a exchanging site but exchanges are not controlled by site's staff, there users can set their own price and rates, so try to nearest person you and try to cheapest rate for bitcoin.

Tip: if you trade in bitcointalk forum, make sure to user escrow for success your trade.

this is true. never ever buy a bitcoin in a higher price then sell it in a lower price. you should know when is the right time to buy and you should also know when to sell your bitcoins. after doing so. i suggest you invest more bitcoins, the larger amount of bitcoin the larger profit. but be cautious when selling. some sites has a different parameters in bitcoins.

Its just like suicide when you do this ways on trading bitcoin because you are just lossing money and also the basic thing on trading is buy low sell high and thats the basic thing that we should put up to our minds . Its just a commonsense thing though to make a profitable trade.

Indeed, its suicide and you are throwing up your money on that style. You will lose up your money fast and cant able to sustain to trading industry. I agree with carlfebz2 buying in low price and selling it on a higher price is just the basic thing on trading . Making profitable trades isnt easy to do at all because you will need enough knowledge and skills in able to achieve it.

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Quote from: explekepek on October 29, 2016, 05:42:53 AM

Quote from: GregH37 on May 28, 2016, 11:23:34 PM

A successful is that you buy bitcoin with lower price and sell them little higher and get some benefit from it.
but every exchange site have different exchanging system you should know that how they works. localbitcoin is a different type of site, it is actually a exchanging site but exchanges are not controlled by site's staff, there users can set their own price and rates, so try to nearest person you and try to cheapest rate for bitcoin.

Tip: if you trade in bitcointalk forum, make sure to user escrow for success your trade.

this is true. never ever buy a bitcoin in a higher price then sell it in a lower price. you should know when is the right time to buy and you should also know when to sell your bitcoins. after doing so. i suggest you invest more bitcoins, the larger amount of bitcoin the larger profit. but be cautious when selling. some sites has a different parameters in bitcoins.

Its just like suicide when you do this ways on trading bitcoin because you are just lossing money and also the basic thing on trading is buy low sell high and thats the basic thing that we should put up to our minds . Its just a commonsense thing though to make a profitable trade.

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Quote from: naidray on October 29, 2016, 04:47:36 AM

Quote from: barbara44 on October 28, 2016, 01:31:37 PM

technical analysis are most important for successful trade. No one will be able to predict super accurate calls without technical analysis, pivot point analysis must be one of my favourite technical analysis tool. Reading candlestick patterns also helps me to make better trading calls.

Yes, there are a lot of strategies techniques and tools are available to make our trading successful, but I believe a strong money management will enough to be successful in trading by avoiding any big losses.
I have experience in Forex trading, but bitcoin trading is hundred percent easier compared to Forex trading. Yes, in my bitcoin trading I'm able to consistently make profits.

When you tend up to engage into trading we must really learn up the things and new things would come that would really needed on trading career. You are right i think forex is much more harder compared to crpyto trading hence i do experience forex for sometime and also you would really need huge capital to put unlike on crypto it really depends on you on how much you would put in.

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Quote from: GregH37 on May 28, 2016, 11:23:34 PM

A successful is that you buy bitcoin with lower price and sell them little higher and get some benefit from it.
but every exchange site have different exchanging system you should know that how they works. localbitcoin is a different type of site, it is actually a exchanging site but exchanges are not controlled by site's staff, there users can set their own price and rates, so try to nearest person you and try to cheapest rate for bitcoin.

Tip: if you trade in bitcointalk forum, make sure to user escrow for success your trade.

this is true. never ever buy a bitcoin in a higher price then sell it in a lower price. you should know when is the right time to buy and you should also know when to sell your bitcoins. after doing so. i suggest you invest more bitcoins, the larger amount of bitcoin the larger profit. but be cautious when selling. some sites has a different parameters in bitcoins.

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Quote from: barbara44 on October 28, 2016, 01:31:37 PM

technical analysis are most important for successful trade. No one will be able to predict super accurate calls without technical analysis, pivot point analysis must be one of my favourite technical analysis tool. Reading candlestick patterns also helps me to make better trading calls.

Yes, there are a lot of strategies techniques and tools are available to make our trading successful, but I believe a strong money management will enough to be successful in trading by avoiding any big losses.
I have experience in Forex trading, but bitcoin trading is hundred percent easier compared to Forex trading. Yes, in my bitcoin trading I'm able to consistently make profits.

explekepek

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Quote from: GregH37 on May 28, 2016, 11:23:34 PM

A successful is that you buy bitcoin with lower price and sell them little higher and get some benefit from it.
but every exchange site have different exchanging system you should know that how they works. localbitcoin is a different type of site, it is actually a exchanging site but exchanges are not controlled by site's staff, there users can set their own price and rates, so try to nearest person you and try to cheapest rate for bitcoin.

Tip: if you trade in bitcointalk forum, make sure to user escrow for success your trade.

can i ask a question sir? what escrow stands for? thanks. i really dont know what escrow is

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Quote from: Babayega31 on October 28, 2016, 11:52:37 PM

Quote from: bamboylee on October 28, 2016, 02:07:08 PM

Quote from: xSkylarx on October 25, 2016, 09:16:36 AM

Successful trade is where you buy low and sell it for a higher price. But a successful trade requires patience to make it happen. If you are not willing to wait then you can't do any successful trade.

But the real skill lies on your ability to correctly predict when to enter and exit the market. There are a lot of factors for a price of a commodity, like bitcoin, so correctly predicting if the price will go up or down in a few months is hard work. It takes a lot of patience to learn it and a lot of perseverance to continue reading news and articles that will provide you a good insight. If you have this, successful trades are inevitable.

Being successful needs to exert effort on his monitoring of daily trend and wont be discouraged of fluctuating trend of the bitcoin buy and sell. I must agree to those saying we must be patience at all time and hace courage, read current events which helps you to be more motivated at all times and the results is a reward of being a successful trader.

this is one of the bigger problems that i have found with trading. and that is the fact that you need to spend a lot of time on it. it may seem a fast thing where you go on an exchange site and click to buy and click to sell but that is just the end thing. all the middle work is that main time consuming part where you have to do research and watch and make speculations and plans,....

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Quote from: bamboylee on October 28, 2016, 02:07:08 PM

Quote from: xSkylarx on October 25, 2016, 09:16:36 AM

Successful trade is where you buy low and sell it for a higher price. But a successful trade requires patience to make it happen. If you are not willing to wait then you can't do any successful trade.

But the real skill lies on your ability to correctly predict when to enter and exit the market. There are a lot of factors for a price of a commodity, like bitcoin, so correctly predicting if the price will go up or down in a few months is hard work. It takes a lot of patience to learn it and a lot of perseverance to continue reading news and articles that will provide you a good insight. If you have this, successful trades are inevitable.

Being successful needs to exert effort on his monitoring of daily trend and wont be discouraged of fluctuating trend of the bitcoin buy and sell. I must agree to those saying we must be patience at all time and hace courage, read current events which helps you to be more motivated at all times and the results is a reward of being a successful trader.

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Quote from: xSkylarx on October 25, 2016, 09:16:36 AM

Successful trade is where you buy low and sell it for a higher price. But a successful trade requires patience to make it happen. If you are not willing to wait then you can't do any successful trade.

But the real skill lies on your ability to correctly predict when to enter and exit the market. There are a lot of factors for a price of a commodity, like bitcoin, so correctly predicting if the price will go up or down in a few months is hard work. It takes a lot of patience to learn it and a lot of perseverance to continue reading news and articles that will provide you a good insight. If you have this, successful trades are inevitable.

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Quote from: Bitcoinsummoner on October 28, 2016, 01:37:42 PM

Quote from: barbara44 on October 28, 2016, 01:31:37 PM

Quote from: lixer on October 27, 2016, 04:55:18 PM

Quote from: PokerFace3 on October 23, 2016, 02:50:58 AM

we must spend more time to analyse and to research about predicting the direction of market movements. No one will be able to predict hundred percent accurately about market moments, but we must concentrate to predict overall moment so that we will be able to make our trading calls potentially accurate.

To be successful with the trading we must have very strong knowledge for research and analysis. With strong research and analysis, the success in trading is almost confirmed.

Yes, accurately predicting calls are basics for success in trading. So, we must spend more time in predicting calls by having in-depth knowledge for analyzing the market movements. There are a lot of technical strategies and tools are available to make our analysis easier. So, we also must learn them side-by-side so that we will be able to use them for our research and analysis.

Yes, technical analysis are most important for successful trade. No one will be able to predict super accurate calls without technical analysis, pivot point analysis must be one of my favourite technical analysis tool. Reading candlestick patterns also helps me to make better trading calls.

also check their supporters if they have lots of supporters it can increase the value if more supporters and investors about that, check security and most important is the market i think this is most important because i am looking for marketcap above 500k value below are risky for me to invest.

This is one of the basic, check the supporters, watch out for the newbie account that is made specifically to hype the coin or bump the thread, posting one liner comment that tells the coin is great etc. without supporting the reason why they think it is great. Aside from that you can also check the development of the coin. If there is an incoming development, there might be a hype that can increase the value of the coin.

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Quote from: barbara44 on October 28, 2016, 01:31:37 PM

Quote from: lixer on October 27, 2016, 04:55:18 PM

Quote from: PokerFace3 on October 23, 2016, 02:50:58 AM

we must spend more time to analyse and to research about predicting the direction of market movements. No one will be able to predict hundred percent accurately about market moments, but we must concentrate to predict overall moment so that we will be able to make our trading calls potentially accurate.

To be successful with the trading we must have very strong knowledge for research and analysis. With strong research and analysis, the success in trading is almost confirmed.

Yes, accurately predicting calls are basics for success in trading. So, we must spend more time in predicting calls by having in-depth knowledge for analyzing the market movements. There are a lot of technical strategies and tools are available to make our analysis easier. So, we also must learn them side-by-side so that we will be able to use them for our research and analysis.

Yes, technical analysis are most important for successful trade. No one will be able to predict super accurate calls without technical analysis, pivot point analysis must be one of my favourite technical analysis tool. Reading candlestick patterns also helps me to make better trading calls.

also check their supporters if they have lots of supporters it can increase the value if more supporters and investors about that, check security and most important is the market i think this is most important because i am looking for marketcap above 500k value below are risky for me to invest.

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Quote from: lixer on October 27, 2016, 04:55:18 PM

Quote from: PokerFace3 on October 23, 2016, 02:50:58 AM

we must spend more time to analyse and to research about predicting the direction of market movements. No one will be able to predict hundred percent accurately about market moments, but we must concentrate to predict overall moment so that we will be able to make our trading calls potentially accurate.

To be successful with the trading we must have very strong knowledge for research and analysis. With strong research and analysis, the success in trading is almost confirmed.

Yes, accurately predicting calls are basics for success in trading. So, we must spend more time in predicting calls by having in-depth knowledge for analyzing the market movements. There are a lot of technical strategies and tools are available to make our analysis easier. So, we also must learn them side-by-side so that we will be able to use them for our research and analysis.

Yes, technical analysis are most important for successful trade. No one will be able to predict super accurate calls without technical analysis, pivot point analysis must be one of my favourite technical analysis tool. Reading candlestick patterns also helps me to make better trading calls.

Topic: How to make a successful Trade? - page 7. (Read 15543 times)