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Topic: how to trade efficiently? - page 12. (Read 2759 times)

full member
Activity: 588
Merit: 101
January 03, 2018, 08:59:57 AM
efficient trading I think is knowing when is the right time to buy and when a good time to sell, and when the right to buy is when the price is low then sell it again when the price is high
full member
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
January 03, 2018, 08:40:32 AM
I am really learning a lot from this thread and I'm loving that everyone can attest to what their stating here because of their experiences. True enough, trading requires a lot of research and market study. It's not a platform for you to just place your bets. And of course, I think I will love the challenge and adrenaline it will bring to me since I'm fascinated with strategies. Thanks everyone for helping.
hero member
Activity: 1190
Merit: 541
January 03, 2018, 07:16:39 AM
Set a target, always do that then your trading will be profitable Smiley
Trading is something very much different from the rest of the things. It involves a high level of risk and you do need to be very much careful while dealing the things in trading as one wrong decision can make you suffer a huge loss.

You need to practice trading as much as you can as this will help you learn more things and you will be able to make the wise decisions at the end. Keep learning new things for better results.
full member
Activity: 258
Merit: 114
January 02, 2018, 08:45:00 AM
In my opinion ICO's are more efficient than daily trading.Daily trading wastes much more time and costs much more money for the fees.I always search for best ICOs and i finally decided to invest SETHER.Sether is a new platform for social marketing.I think you should go see what they got.
Here is the link to website https://www.sether.io/
member
Activity: 490
Merit: 10
Life is full of struggle
January 02, 2018, 07:33:40 AM
i think you should leave from day trading, long time trading is really profitable, you can buy recently dump coin, like 1 month ago no one can believe xrp can pump quickly but now xrp almost near from 3$ so just check which coins are dump now.
full member
Activity: 420
Merit: 100
January 02, 2018, 06:40:47 AM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

efficient trading is by playing a lot of coin do not just play 1 coin only, if you play a lot of coin then you also get a lot of profit.
full member
Activity: 364
Merit: 100
January 02, 2018, 03:41:52 AM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

I think an efficient trading is trading by not just buying 1 coin but buying some coin for your availability and when the price goes up you will get a lot of profits not in 1 coin but in altcoin you buy will also give advantage to you.
full member
Activity: 484
Merit: 100
January 02, 2018, 03:01:08 AM
To trade well you should learn to control your emotions. This will help you become congested in the trade. Emotions affect the decisions you make so this is good if you want to trade well.
sr. member
Activity: 798
Merit: 251
Small Trader
January 02, 2018, 02:52:05 AM
Efficient way of trading is to take a little profit, but many times or commonly we call Short trade. And do not try to All in because All in very risky. But All in also sometimes needed.
sr. member
Activity: 2422
Merit: 343
January 02, 2018, 02:33:48 AM
If you want to trade efficiently then you just need to have a lot of patience in both trading and learning because you cannot expect a lot of big returns when you are just trading without having any knowledge about what that thing. It is better to spend time learning rather than spending first because if you will not study or learn then you will not have any chance in the long run to earn.
hero member
Activity: 2464
Merit: 585
January 02, 2018, 02:03:40 AM
In trading, the basic rules are buy low and sell high or buy really low => hold => sell very high. That's the basic rule in trading, the rest are just supporting the main rule.
Well i agree with you, that is the basic rule here in bitcoin or here in trading world, if you want to trade efficiently you should know that you will always buy low and hold it and then you gonna sell it at high price, and to trade efficiently you should always or do day trading to be a great and an expert in trading.
You will have to spare most of the time to your business while doing efficient trading as one will have to dedicate himself to the trading so you will buy at low rate and wait until its value increases which needs proper monitoring of the market.

One may improve his knowledge if he is new to the market and should seek the help of other experts that how they manage their trading so after improving his know how about trading he may have efficient trading.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
January 01, 2018, 04:07:26 AM
To trade most 'efficiently', only do very short term trading on days of extremely high volume. Get in and out of several positions within minutes, make your 100% profits, and then leave.  Then watch everyone else wasting their time making the same profit you did in one day but over one year of watching charts and losing sleep.

TA is also much more reliable on short timeframes too. The chart on long timeframes is unpredictable and based on news events whereas the chart on short timeframes is like a form of physics where TA applies. By trading on a short timeframe and being in for minutes or hours you dont even have to know anything about what you're trading.
full member
Activity: 588
Merit: 100
January 01, 2018, 04:05:17 AM
To trade efficiently in my opinion doing long term trading so not to much to consuming time. Just learn about fundamental analyis of the sime coin and then buy it and hod it for longterm, by this way will be more easy and efisien to gain profit than doing short trading that to many consuming time.
member
Activity: 224
Merit: 10
One Token to Move Anything Anywhere
December 31, 2017, 11:20:29 PM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.

Hi man, thanks four your insight. Now i found my problem while trading. I'm try to trade in a lot of crypto assets with small amount. damn! For now on, i will do some deep research about which assets that can make me a lot of profits.
full member
Activity: 532
Merit: 100
December 31, 2017, 11:07:50 PM
You need to get ahead of the game. Check the news recently about your coins before they start buying it. Another one is long term holding because this one really works effectively compared to all the strategies on trading out there.
jr. member
Activity: 238
Merit: 1
December 31, 2017, 07:41:28 AM
Do some research first about the team and the project behind then avoid any kind of pump, invest when there is a dump. Unlike other i like to diversify, to increase my chance of profit
member
Activity: 112
Merit: 10
December 31, 2017, 07:19:27 AM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

efficient trading is by way of trading not only in 1 coin only but must have some coin to add the assets you have so that when the price rises, your bitcoin can increase.
yep for eficient trading you have to have 2 stacks of coins"
1 stack for selling.
2 stack for buying if desired coin drop below average price
member
Activity: 518
Merit: 11
December 31, 2017, 06:20:33 AM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

efficient trading is by way of trading not only in 1 coin only but must have some coin to add the assets you have so that when the price rises, your bitcoin can increase.
newbie
Activity: 44
Merit: 0
December 31, 2017, 05:40:29 AM
Before any trade you need to do quick research! Start a trade only when you know why you’re starting and have a clear strategy for afterwards. For each trade you must set a clear target level for taking profit and more importantly, a stop-loss level for cutting losses. A Stop-loss is setting the level of loss where the trade will get closed.

   Sounds like a winning strategy to me. Cool
full member
Activity: 420
Merit: 100
December 30, 2017, 01:35:09 PM
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Yeah you are right that every good trader has a unique strategy which help to earn profits but before that you need to a research and gain complete knowledge about the investment in which you are planning to invest.Go for long term investment over short one as it will help more and choose the coins with good potential and lower price.You can loose your money but you need to control your feelings and act wisely not taking hasty decision. Remembere everything comes with knowledge,skill and experience so is trading which is not an easy task to perform.
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