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Topic: how to trade efficiently? - page 23. (Read 2797 times)

hero member
Activity: 2716
Merit: 698
Dimon69
December 12, 2017, 02:36:14 PM
#10
I have all but one piece of advice for you and it isn't exactly how to trade but what mindset to bring into trading. You want to bring in a cool, rational, tranquil mindset into trading. I think this is the most overlooked aspect about trading because if you are cool you won't make bad decisions. Likewise if you are hot, irrational, and irate you stand next to zero chance of being successful.  
taking yourself in a very calm way on how does the trading may work is a helpful thing to do for it is better for my opinion cause everything that is been done in a way wherein you are able to be with like here in trading everyone can to this efficiently by what yes on how you are able to be emotional what was been your good and best to be your current emotion will be for.
full member
Activity: 238
Merit: 101
Decentralize The $15-Trillion Global Trade Industr
December 12, 2017, 02:25:53 PM
#9
I have all but one piece of advice for you and it isn't exactly how to trade but what mindset to bring into trading. You want to bring in a cool, rational, tranquil mindset into trading. I think this is the most overlooked aspect about trading because if you are cool you won't make bad decisions. Likewise if you are hot, irrational, and irate you stand next to zero chance of being successful.  
member
Activity: 120
Merit: 10
December 12, 2017, 02:15:29 PM
#8
as trader, we need some experience in order to learn of what we have done. if you have never loss then you're not good trader. if you want to trading efficiently,
try to make your loss as less as possible, nobody will always win, everybody ever deal with loss.
try to increase your gain when the coin is getting pump to gain more profit in repeatedly. but keep aware.
sell your coin if you have get profit eventhough just little profit.
dont be greedy, try to satisfy with all your effort. don't hope for too high price of some coins, it will make you hold too long and then when the price are getting dumped to 100 times lower than you buy, you will be in regret.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
December 12, 2017, 01:30:12 PM
#7
- Don't buy any coins which are dumping hard or it is pumping hard
- Don't keep shitcoins with zero volume in your bag
- Don't put all your money in only one crypto
- Don't follow FUD/HYPES and buy/sell panicly
- Don't trade with your emotions, go with technical analysis
- Don't use all you have for trading, only use which you can afford to loss.
hero member
Activity: 924
Merit: 512
December 12, 2017, 01:23:36 PM
#6
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.

That is absolutely differs from one person to another. More perfect strategy is buy when you find the dump and sell it out when the price bumps up. To do all things first you have to follow up the price chart frequently.
In some minutes also you will find the bitcoin or invested altcoin's price changes on the chart. If you follow up that properly you will never loose your fund what you invested at anytime. Simply trading is like a poker room game.
newbie
Activity: 11
Merit: 0
December 12, 2017, 12:34:48 PM
#5
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 daily trading is too much stressful and time consuming. We are trying to make money to be able to do what we wanna do. And all the things we wanna do are gonna make us happy. If you get overwhelmed with daily trading success, you will fail at the first step of being happy. I think it this way. Long term investment to solid coins is the best option in this point of view.
sr. member
Activity: 686
Merit: 257
December 12, 2017, 12:26:37 PM
#4
My strategy is to set my trading plan carefully and follow it. I will also research the potential coins before jumping into it. I try to avoid pump so that I won’t be dumped on.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
December 12, 2017, 12:18:11 PM
#3
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.
Good suggestions but he can actually make day active trades but depending on how much time he would put up into trading.If time is to hectic then better go for longer terms when it comes on trading cryptos and as being suggested don't diversify too much and it much better to have a few coins but on solid ones rather than on have many but on weaker or doesn't have any potential for long term.This would really matter on how a certain individual would do its just like on researching up important things.
sr. member
Activity: 560
Merit: 273
December 12, 2017, 12:07:09 PM
#2
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.
full member
Activity: 210
Merit: 100
December 12, 2017, 08:43:38 AM
#1
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.
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