how to trade efficiently? - page 2. | Bitcointalksearch.org

cryptocointrade.com

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Quote from: kuronokishi10 on December 12, 2017, 09:43:38 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.

One important thing many traders forget is the importance of minimizing losses and mistakes.

These are ten things to remember to avoid trading mistakes

1. Only Invest What You Can Afford To Lose
2. Diversify: Never Put All Your Eggs In One Basket
3. Don’t Try To Make Profit In Every Trade
4. Don’t Be Too Greedy
5. Don’t Have Fear Of Missing Out (FOMO)
6. Maximize Your Winning Trades
7. Always Learn From Your Trading Mistakes
8. Minimize Your Losses And Set Stop Losses
9. Reduce Emotions And Stay With Your Strategy
10. Sell The News And Buy The Rumors

Read the complete article here:

https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/

DAVETUN

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Bitcoin is the currency of this age

my strategy is to ensure I take profit regularly, Do not wait for the big bull run before taking part of the capital and profit to reinvest in a viable project, also ensure you do not allow greed to lead to a dump on you. Research well before investing, do not base your judgement on fake review of several token .

mersal

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Quote from: PattersonRaquel on January 13, 2019, 01:24:19 PM

I have 1000 USDT on binance and I deal with USDT pairs. I traded in time frames from 3 minutes to 1 hour. I set a profit of 2-8% for each buy and sell . I will receive from 2 to 8 USD for each successful trade. I'm not sure if it works for others. But I'm doing this every day and it has good results for me .
If the market does not go down, I can earn 10-20 USDT per day.

Efficient people will follow more than hard work they follow only smart work because if we hard work then we can get a small profit but if we do some smart work and your job it will be more profitable in multiple times that's why efficient trading will need smart work for my opinion and my thoughts.

PattersonRaquel

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Activity: 116

Merit: 1

I have 1000 USDT on binance and I deal with USDT pairs. I traded in time frames from 3 minutes to 1 hour. I set a profit of 2-8% for each buy and sell . I will receive from 2 to 8 USD for each successful trade. I'm not sure if it works for others. But I'm doing this every day and it has good results for me .
If the market does not go down, I can earn 10-20 USDT per day.

jhongzjhong

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https://bmy.guide

Quote from: playboy654 on January 11, 2019, 04:44:08 PM

Quote from: ?? on ??

Trading efficiently means always trying to find that oversold and unloved crypto that nobody has even heard of, or is talking about then snapping it up for a bargain, then telling the world about it. See here for my latest massive trading op https://youtu.be/r3hfBVADejo

The efficient reading will only come under your experience otherwise it will not happen to be you is doubt because trading is an technical best business so it can be changed without your brain and knowledge to be honest trading is an easiest job

Trading is not just the easiest job as what you've thought, alright so here's the thing. You have to invest in long term trades from the reds. Make your research about the coins and check the reviews. Look for the solid coins with a very high potential of going to the market such as coins offered by some tech companies in fintech industry.

Also, you have to stay away from the pump groups because they will only lure you and attract you for something you will get really disappointed. I would also like you to set up a trading plan. Fundamental and technical tradings + sentimental will provide you the confidence to trade. You have to keep in mind all of these because these would help you someday. Have fun!

playboy654

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Quote from: ?? on ??

Trading efficiently means always trying to find that oversold and unloved crypto that nobody has even heard of, or is talking about then snapping it up for a bargain, then telling the world about it. See here for my latest massive trading op https://youtu.be/r3hfBVADejo

The efficient reading will only come under your experience otherwise it will not happen to be you is doubt because trading is an technical best business so it can be changed without your brain and knowledge to be honest trading is an easiest job

OlgaFS

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Activity: 36

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Quote from: kuronokishi10 on December 12, 2017, 09:43:38 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.

Hi!
Try to trade levels (support and resistance levels). A lot of oscillators will be helpful as well (like a Bollinger band, RSI or Awesome oscillator)

metribitcoin

full member

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I was loss so much money in crypto trading because some of my mistake. In that times I dont have risk management and trading plan, and iam too confidence the price will going up after big crash but the reality the price keep down. So from this my mistake to have risk management is the most important in trading activity, use stop loss whenever open potition is one of the that risk management.

Japinat

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Quote from: Marcsymon on October 22, 2018, 11:36:52 AM

In my own opinion in order to trade efficiently is to make goals and objectives of what profit i want to earned if i am going to make a trade. Then i always put in my mind that to make it efficient i did not think to be greedy in all situation but to think always of every opportunity to get earned.

There is no such method that can be applicable all the time, the market changes from time to time so we have to adjust.
I think the only way to survive and eventually be profitable is if we make adjustments when necessary, stick to our goal and be discipline all the time.

prashanta

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Activity: 728

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initially the buying and selling need to be performed for your very own research, i assume maximum novice constantly receive the idea of buying signal and income corporations, considering their 100%, seeing market behavior and generally working speedy and are not afraid, some commerce needs instant motion many are expecting the lasting, taking part in you and now not afraid to lose cash, in case you keep at be very concerned with income, but you may get best assured income, you do no longer change each day as you appear as a expert businessman with the best professional sales

Marcsymon

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Activity: 322

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In my own opinion in order to trade efficiently is to make goals and objectives of what profit i want to earned if i am going to make a trade. Then i always put in my mind that to make it efficient i did not think to be greedy in all situation but to think always of every opportunity to get earned.

West0813

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We need to be smart and have a lot of luck if we want to trade efficiently. But even if how smart are us. There will still come a time that you will lose sometimes.

Gregorian

newbie

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Hey guys, I created a web application, that tracks social-media activity ( telegram, reddit, bitcointalk, discord, ... ) of crypto-projects. It is supposed to help improve trading-decisions. The app is for free.

I would love to get some feedback on my app! Please let me know what you think, [email protected]

Koenraad Lange

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Quote from: sergio red on July 26, 2018, 01:12:20 AM

in order to trade efficiently, You need to do a good research about the market and situation. when you want to trade then you must have the proper knowledge about the trading and investment. so I always give priority to the knowledge about the market.

Trading efficiently is certainly a short time but profit. What should be prioritized is the right analysis of bitcoin, namely the prediction will rise or fall. Don't use emotions. Besides that, setting targets and trading is not necessary every day. Calculate profits in the monthly timeframe, so when profits have been reached stop first to prepare for the trade the following month.

bounceback

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Seabet.io | Crypto-Casino

Quote from: mabell943 on September 16, 2018, 01:23:59 PM

For me trading efficiently is same as trade effectively you must be wise on when you will sell and buy and do not go on the way the crowd goes. Study for your own and learn from others. If it decreases buy coins that has a potential to increase and if it increases sold the coins and token you think will now increase and buy coin that has a chance to increase. Practical gaming.

many traders still like the potential for long-term effects, I think the current bitcoin trend is still stable in the $ 6k price range and this results in bad sentiments from the altcoins that can fall deeper considering they are only racing on bitcoin fluctuations, some short-trade signals for the method fast profit is very good for now.

WUUEX79

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Xch4nge.com

Quote from: kuronokishi10 on December 12, 2017, 09:43:38 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.

Actually, good trading is limited, only to those who have done it. Because the trading system still has a level of complexity and as if it can make someone rush in doing it. The important point is the need for better theoretical understanding, faster access to information, more time for analyzing market price data, and more discipline needed to determine strategies well and exert self-control.
The only easy trade is, that is by following the current trends (in my opinion).

ohkkstaaahp

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“The Premier Digital Asset Management Ecosystem”

The only way you can learn from it is to learn from your trading experience, or you can get on the youtube to learn the knowledge that forex traders share with you.

cryptowolfsu

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Successful day traders often do not trade every day. They may be in the market, at their PC, but if they do
not see any opportunities that meet their criteria they will not execute a trade that day.
It is lot better than going against your own best judgement. Trading requires patience so be a patient trader.

Zipposs

newbie

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You can start checking out these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!

Barbut

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★Bitvest.io★ Play Plinko or Invest!

Quote from: BitcoinTurk on September 16, 2018, 01:59:04 PM

Quote from: kuronokishi10 on December 12, 2017, 09:43:38 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.

The first factor in achieving efficient trade is certainly patience. Patiently and reasonably invested users will always win and will always be one step ahead of other investors. Another point to be aware of in order to be able to trade efficiently is not to get caught in a panic atmosphere and complete transactions without panic. I do not want to go back without reminding you that all the transactions made in the panic are closed in the loss position. Capital management is another factor that needs to be considered in order to be able to do efficient trade. Properly managed capital always provides positive income, whereas mismanaged capital often multiplies itself by zero.

You can make a list of important trade tricks, but in the end every moment is unique, in some moments you need to be patient, in others you need to bite as much as you can, there are moments when its best to do nothing.
Nobody can tell you when is good moment for what strategy, that depends from many things, mostly from how much money you have and how big profit you want. When there is so many different people we have so many different strategies, to find which one works for you, you need to try as many strategies as you can, always take care of your bankrolls, managing bankroll is the most essential part in trading. Good luck my friends, I hope you will have positive trades in future.

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