Topic: how to trade efficiently? - page 4. (Read 2797 times)
The crucial part is finding the opportunity before most people, it's very hard and unlikely, you either need insider information, getting lucky, or keeping an eye on dozens of currencies
I have some tips,
Use Technical Analysis if you're day trading,
plan ahead, set a buying and selling point, be disciplined,
control yourself, and don't be greedy. follow your plan
Use Technical Analysis if you're day trading,
plan ahead, set a buying and selling point, be disciplined,
control yourself, and don't be greedy. follow your plan
Never jumping into a trade without knowing the coin.
Can listening some signals but always doing own research as well.
Always having trading plan and profit plan and sticking to it.
When it works out differently, quickly moving on another trade.
Can listening some signals but always doing own research as well.
Always having trading plan and profit plan and sticking to it.
When it works out differently, quickly moving on another trade.
The most important and valuable advice that I can give is:
#1. Invest only the amount that you are ready to lose.
#2. Never invest the entire amount in one coin.
All other advice is very individual. It's great that you understand that everyone has different trading strategies.
Someone is engaged in daily trading, someone comes in long positions.
#3. But, as it seems to me (and I adhere to this), before you buy a coin, you need to have a clear plan of your actions. It is necessary at once to write:
- at what price do you buy a coin
- at what price you will sell a coin (and even if the price then, when you already buy a coin, in your assumes will go even higher, you should sell it at the mark that you previously designated)
- you need to immediately indicate on what the minimum allowable mark you will sell this coin (if the sale price went not up, but go down)
Proceeding from all above-stated it is possible to draw a conclusion, that the coin needs to buy on a small part of the deposit preliminary having made the accurate plan of purchase-sale.
#1. Invest only the amount that you are ready to lose.
#2. Never invest the entire amount in one coin.
All other advice is very individual. It's great that you understand that everyone has different trading strategies.
Someone is engaged in daily trading, someone comes in long positions.
#3. But, as it seems to me (and I adhere to this), before you buy a coin, you need to have a clear plan of your actions. It is necessary at once to write:
- at what price do you buy a coin
- at what price you will sell a coin (and even if the price then, when you already buy a coin, in your assumes will go even higher, you should sell it at the mark that you previously designated)
- you need to immediately indicate on what the minimum allowable mark you will sell this coin (if the sale price went not up, but go down)
Proceeding from all above-stated it is possible to draw a conclusion, that the coin needs to buy on a small part of the deposit preliminary having made the accurate plan of purchase-sale.
Opti gonna open around $6 or $7 on C2CX
If you want to trade effectively you should focus on improving your knowledge and that is the key to your success, effective only when your knowledge is deep. So focus on market analysis.
You can trade efficiently by actually keeping the efficiency concept and the profit maximization concepts in the mind. Sometimes people forget and stop following their plans or do not modify them with the changing market conditions, such people loose the chance to trade efficiently. The trade efficiency has its own assumptions and you can really make the trade a profit oriented one if you are best at understanding the market signals.
There are many ways, and each one has its own way, but in the end, patience is still the key to your success. If you try and be determined to hold on, the price of a coin can rising again.
Crypto trading is an opportunity for us and we can make more profit here either in long term or short. We can spread our money everywhere here in the crypto market, Bitcoin is for long term and Altcoin are for short term. This is a good strategy and we should get much benefit here but you need to trade efficiently because little profits will make total of huge profit for you depending on your good decisions.Well i don't quite agree that bitcoin is fot long term and altcoins are for short term tradings. Ethereum, litecoin, cardano and a lot more can give you very good returns if you hold them and bitcoin can make you earn a couple of hundred dollars in the short term if you ride it's volatility. Depending the type of trader, one can earn a lot both for hodling and day trading.
I think we can find out by yourself about how to trade efficiently because we have different style and strategy in trading that we used. so I think maybe one strategy will work well for us but it does not work for the other. and this is the reason for us to still learning from many sources so we can get one or more strategy that will help us to make money in trading. we can also learn from other person experience so we can create a new strategy for us and finally, it will useful for us to reach the profit.
Both long term and short term is an opportunity for us to make the best profit in crypto trading. In the crypto market we can place money any time and has no restriction over investment or trading times. The two different crypto currencies are Bitcoin which is for long term and another one is Altcoin which is for short term trading. This is a very good strategy which is totally depending on your decision to trade efficiently because we can make big profit here.
and don't forget that sometimes the long-term and short-term strategy doesn't work because of the situations in the market. like what we see now, from January until now, it is difficult to make a profit and if we don't analyze with careful, we can get a trap at the high price.
it is difficult to use short-term strategy right now and even for the long-term strategy still not giving a good result because we don't know when the market can be back to the normal situations. so maybe we need another strategy to make a profit and I think we need something different than the short-term and long-term strategy.
I think we can find out by yourself about how to trade efficiently because we have different style and strategy in trading that we used. so I think maybe one strategy will work well for us but it does not work for the other. and this is the reason for us to still learning from many sources so we can get one or more strategy that will help us to make money in trading. we can also learn from other person experience so we can create a new strategy for us and finally, it will useful for us to reach the profit.
Both long term and short term is an opportunity for us to make the best profit in crypto trading. In the crypto market we can place money any time and has no restriction over investment or trading times. The two different crypto currencies are Bitcoin which is for long term and another one is Altcoin which is for short term trading. This is a very good strategy which is totally depending on your decision to trade efficiently because we can make big profit here.
Well, you can always buy signals from the tested source , but from my current experience they are hardly working properly even from very reliable sources. Current crypto market is extremely volatile and very unpredictable, i would suggest learning to trade "news", you may also learn simple technical indicators like MA or MACD, but IMHO they dont work now.
If you want to trade effectively you should focus on improving your knowledge and that is the key to your success, effective only when your knowledge is deep. The trade efficiency has its own assumptions and you can really make the trade a profit oriented one if you are best at understanding the market signals. I assume that the general public want to understand that trading isn't always a activity, and that you can't get first rate millionaire in only some nights like many poeple assume.
If you want to trade effectively you should focus on improving your knowledge and that is the key to your success, effective only when your knowledge is deep. So focus on market analysis.
You can trade efficiently by actually keeping the efficiency concept and the profit maximization concepts in the mind. Sometimes people forget and stop following their plans or do not modify them with the changing market conditions, such people loose the chance to trade efficiently. The trade efficiency has its own assumptions and you can really make the trade a profit oriented one if you are best at understanding the market signals.
There are many ways, and each one has its own way, but in the end, patience is still the key to your success. If you try and be determined to hold on, the price of a coin can rising again.
Crypto trading is an opportunity for us and we can make more profit here either in long term or short. We can spread our money everywhere here in the crypto market, Bitcoin is for long term and Altcoin are for short term. This is a good strategy and we should get much benefit here but you need to trade efficiently because little profits will make total of huge profit for you depending on your good decisions.
- buy the simplest council long before news about a coin and sell in 1-3 days prior to this news and everything at you will be remarkable
also I don't last for $100 when I can earn with guarantee 20.
Doing 1% a day you in a year will be able to earn x38 therefore it is worth thinking)
also I don't last for $100 when I can earn with guarantee 20.
Doing 1% a day you in a year will be able to earn x38 therefore it is worth thinking)
It is important to understand that efficiency is achieved through the execution of strategy, and strategy is developed from knowledge.
In my opinion, the best trade technique is that you manage capital and psychology. When you have a specific profit target and adhere to, it will help you not lose money - the most important thing in investing. Emotional management: should not be agitated by the market, patience.
I assume that the general public want to understand that trading isn't always a activity, and that you can't get first rate millionaire in only some nights like many poeple assume. trading requires endurance, and if you aren't affected person, you're gonna lose all of your finances
If you want to trade effectively you should focus on improving your knowledge and that is the key to your success, effective only when your knowledge is deep. So focus on market analysis.
You manage your trade plan carefully and follow it. You will also check the potential coins before jumping into it. You try to avoid the pump so you will not be thrown away. I think this is the most overlooked aspect of trading because if you are cool you will not make a bad decision. So also if you are hot, irrational and angry you stand next to zero That you are not into success.
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.
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Inorder to become a successful trader, here are some basic and helpful tips, have a clear target and clear stop loss -remember trading doesnt need emotions only reason and rationality and you cant ignore discipline, do not trade with money that need for living expenses, dont be blind bull-all markets are cyclical,dont afraid the failures of the market -this is where you can earn more money,dont go for one coin-but invest in multiple currencies, that way you spread the risk.
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