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Topic: how to trade efficiently? - page 15. (Read 2759 times)

full member
Activity: 518
Merit: 145
December 26, 2017, 04:38:09 AM
Trading is HARD, not gonna lie. you need to be self tamed before you can actually trade because i am very sure you will loose money in the process to be a pro trader.
Everyone loses money, this is not a big deal. Profits and losses are the part of game just as winning and losing. So don’t get afraid of this, it may happens. Sometimes you are going with much losses been you are dealing in bitcoins and sometimes time will give your profit out of nothing. Trading is not that much difficult, it only needs a focused concern and hard work.
Sure, everyone loses money and even pro traders do, nevertheless, losing a lot of money due to the inability to learn or looking for some shortcuts, while trading with no strategy is the worst thing to even do. A lot are doing these and which is why unless they keep getting lucky which is not always going to be possible, then such a person will just keep losing and never be able to trade efficiently. It is an extremely volatile market and it can be crazy when you are making the wrong moves, but you just have to learn and be smart to avoid those huge losses.
sr. member
Activity: 938
Merit: 251
December 26, 2017, 04:24:30 AM
Trading is very engaging, trading efficiently however required skills and dedication! There are two ways you can approach your trading:
1. You can study everyday traded coin and make profit trading it.
2. You can research a coin with solid tech and support and buy to hold for long term!
If you take second approach to trading, always buy your coin when it dips and if you are going to hold for very long, don't buy so much of the coin.
You can aso use trading software and tools like ALGORY.IO multi functional tools for trading cryptocurrency.
sr. member
Activity: 1596
Merit: 335
December 26, 2017, 03:44:56 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.

To trade efficiently, it is imperative to establish and maintain a range of standards on when to trade and to hold. There should be a limit as to when you trade and when you have successfully traded and yet sees the value grow more, do not ever look back and regret. Just be happy that you have earned during that trade rather than getting upset.
member
Activity: 199
Merit: 10
Mercy
December 26, 2017, 02:42:05 AM
Set a target, always do that then your trading will be profitable Smiley
sr. member
Activity: 663
Merit: 250
December 26, 2017, 02:40:41 AM
First of all you should keep in mind that day trading is quite risky for newbie traders, you can loose everyting in a moment. It's better to have a long-term plan, choose some coins and wait for profit. Trading is some kind of gambling in many ways. The same degree of risk, you should be really cautious and intelligently analyze how the trend goes, then you will make more profit.

Seriously? Trading has the same risk to gambling? You do know gambling casinos have house edge with land based casinos having higher.
full member
Activity: 287
Merit: 102
December 26, 2017, 02:33:16 AM
Trading is HARD, not gonna lie. you need to be self tamed before you can actually trade because i am very sure you will loose money in the process to be a pro trader.
Everyone loses money, this is not a big deal. Profits and losses are the part of game just as winning and losing. So don’t get afraid of this, it may happens. Sometimes you are going with much losses been you are dealing in bitcoins and sometimes time will give your profit out of nothing. Trading is not that much difficult, it only needs a focused concern and hard work.
member
Activity: 131
Merit: 16
December 25, 2017, 11:28:16 PM
First of all you should keep in mind that day trading is quite risky for newbie traders, you can loose everyting in a moment. It's better to have a long-term plan, choose some coins and wait for profit. Trading is some kind of gambling in many ways. The same degree of risk, you should be really cautious and intelligently analyze how the trend goes, then you will make more profit.
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
December 25, 2017, 11:06:57 PM

I am not a pro-trader. But I usually trade altcoins via its USDT pairs. Trading coins on BTC pairs sucks. I usually follow my coins from Twitter. If theres a big event then it will produce a greate output on its USDT pairs.

Try the coin's USDT pair, sometimes even the coin is down on its BTC pair. USDT pair keeps kicking butt.

Ok so you need to encash the altcoin? Just convert the coin into BTC.
hero member
Activity: 3052
Merit: 685
December 25, 2017, 10:36:47 PM
If you never did mistake it mean you never tried,Risk factor every where involved we can not finish it but we can minimize it by pre study and knowledge of trade and after practical experience no matter if you did g you will learn from it and in future will avoid past mistakes. Just keep going on never stop will reach the goal.
Make sure you learn from your mistakes because if not you will keep losing money and that is not good, it's better to quit when you cannot improve and look for other venture that would give you profit. Trading is risky for a reason, we need to set up a capital and we gamble it, therefore we have to be cautious with our decision and always ensure that we carefully analyze everything to minimize the mistakes.
hero member
Activity: 812
Merit: 500
December 25, 2017, 05:45:05 PM
If you never did mistake it mean you never tried,Risk factor every where involved we can not finish it but we can minimize it by pre study and knowledge of trade and after practical experience no matter if you did g you will learn from it and in future will avoid past mistakes. Just keep going on never stop will reach the goal.
sr. member
Activity: 630
Merit: 251
December 25, 2017, 02:42:05 PM
Put your trading with some attention, as below:
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw
It is not at all possible for every one of us to do trade and that too efficiently. It is quite a technical thing and it requires lot of time and efforts to become a successful trader. If you are interested in trading, then the first thing which you need to learn is all the basic and fundamentals of trading which all the traders need to know before even getting into trading. Keep on learning new things to have better experience.
full member
Activity: 151
Merit: 100
December 25, 2017, 12:31:33 PM
It is hard to trade efficiently.
Trading should be optimized.

The best trading is always having cash to get in.
Each time falling.
Buy more.
Each time jumpimg, pump hard

I am rich
Trading needs skills and knowledge and without it I do not think that one could be a good and effective trade man, because trading is not easy. It is a tough job and the sign of a good trader is that he must keep an eye on the coming position of a particular thing and especially money.

Money trading is the most daring and risky job. Therefore if you need to start trading you must collect all the necessary information about trading.
Trading is really risky if we do just jump in without any knowledge or skills. If you are really serious on learning up trading then better to ready your self on experiencing lots of mistakes when we are still a newbie but we should really take those mistakes as stepping stones because gradually we would able to learn on those mistakes and develop our selves gradually to be a better trader soon.

I generally take the risk bravely and I act very responsible while trading. The rest is a matter of time spending to open right positions on exchange platforms especially in margin trade.
full member
Activity: 1834
Merit: 166
December 25, 2017, 12:27:28 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.
This is the thing that have been asked a lot of time on this forum so learn from that.But according to me market analysis,patience and skill played a vital role in your trading strategy so learn from your past mistakes and gain experience that can help you nothing else can help you not any advice because you have to work on your own.This business is very risky so first of all learn about the coins in which you want to invest and then trade in it.
hero member
Activity: 2996
Merit: 609
December 25, 2017, 09:31:02 AM
It is hard to trade efficiently.
Trading should be optimized.

The best trading is always having cash to get in.
Each time falling.
Buy more.
Each time jumpimg, pump hard

I am rich
Trading needs skills and knowledge and without it I do not think that one could be a good and effective trade man, because trading is not easy. It is a tough job and the sign of a good trader is that he must keep an eye on the coming position of a particular thing and especially money.

Money trading is the most daring and risky job. Therefore if you need to start trading you must collect all the necessary information about trading.
Trading is really risky if we do just jump in without any knowledge or skills. If you are really serious on learning up trading then better to ready your self on experiencing lots of mistakes when we are still a newbie but we should really take those mistakes as stepping stones because gradually we would able to learn on those mistakes and develop our selves gradually to be a better trader soon.
sr. member
Activity: 798
Merit: 268
December 25, 2017, 08:50:30 AM
Thoughts on having a goal set for each coin you buy?  Such as 25 percent and then sell?

Setting your goal when you trade is really a good thing, this is how traders can be more efficient. And mostly trade with strategy and don't just believe on any hype, make your own study and money will surely come.
newbie
Activity: 77
Merit: 0
December 25, 2017, 08:48:35 AM
I think it's been mentioned a lot of times here and I totally agree that emotion gets in the way of sound decision making. We should trade with a solid and efficient system instead of trading with 'hope' and 'luck' as basis.
full member
Activity: 336
Merit: 101
December 25, 2017, 08:46:59 AM
It is hard to trade efficiently.
Trading should be optimized.

The best trading is always having cash to get in.
Each time falling.
Buy more.
Each time jumpimg, pump hard

I am rich
Trading needs skills and knowledge and without it I do not think that one could be a good and effective trade man, because trading is not easy. It is a tough job and the sign of a good trader is that he must keep an eye on the coming position of a particular thing and especially money.

Money trading is the most daring and risky job. Therefore if you need to start trading you must collect all the necessary information about trading.
member
Activity: 294
Merit: 14
Chainjoes.com
December 25, 2017, 05:12:43 AM
For me, the first think to do is learning. We must read the people strategy for success. The best is you have some one to teach you how to trade and analiyze coins. If you not have someone to teach you, You should be careful and look for a lot of experience with small trading. There is so important to know how to analyze the coin and see movement. When you have success for first time, trade will be so easy for you.
legendary
Activity: 3248
Merit: 1179
December 25, 2017, 04:16:51 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.
Yeah this is truth that everyone has own stretagy and they can't tell easily but here my suggestion for you to trade from basic knowledge that we should have , and I am also following the same thing.
As you know that to get profit from the coin , we need to buy and then sell after price become high .
But here a big factor that is totally unknown for those who are newbie , That factor is patience , if you have patience than you can hold your coin for long term ( whatever happen ) but if you have no patience then surely you will loss your money , that why you should have patience in your mind that once the coin will pump and give profit for you easily .

Patience is the skill that you can learn, ans the best way for that is practice. Trading needs to be practiced and only like that you can learn to trade. For better efficiency I believe that one needs to be active everyday, and to try as many things as possible. Don't trade just with one alt or just with bitcoin, split the money and invest in many things that you think that have potential. Some investments will bring more profit and like that you will cover loses on some other investments. That is trading, try to have as many as possible and wait for perfect time to sell, or to buy more.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
December 25, 2017, 02:42:04 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.
Yeah this is truth that everyone has own stretagy and they can't tell easily but here my suggestion for you to trade from basic knowledge that we should have , and I am also following the same thing.
As you know that to get profit from the coin , we need to buy and then sell after price become high .
But here a big factor that is totally unknown for those who are newbie , That factor is patience , if you have patience than you can hold your coin for long term ( whatever happen ) but if you have no patience then surely you will loss your money , that why you should have patience in your mind that once the coin will pump and give profit for you easily .
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