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Topic: How to trade right and right? - page 7. (Read 905 times)

member
Activity: 224
Merit: 10
February 04, 2018, 04:39:26 AM
#57
i think, first you have to choose the right coins to trade, and learn how to control your emotions when you win or when you lose. dont let those emotions affect your next trading

Emotion will bring you down, do not panic if your coin decrease you just need to wait than to sell your coin in low price ,because if you do that you didn't get profit and you also lose your money. So choose the right coin.
I believe that in order to be able to trade well, it takes a lot of time to learn, find information and study the market clearly. where experienced people teach you their experience and chart analysis techniques, they also give you channels of information, useful tips to help you make quick suggestions. the most accurate and the best market.
Good luck
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 04, 2018, 01:39:25 AM
#56
I think it is not easy to trade right and make a profit if we don't know when the time to buy and to sell and we should avoid becoming too greedy on chasing the profit. the first thing that we need to do is analyze each coin in the exchanges, stay focus on one exchanges only and choose what coin you want to buy. don't make analyze of two coins at the same time because this will makes you confuse to determine what price you want to buy or sell. do it for one coin, place the order, and then move to other coin and if your coin before gets an increase, maybe you can sell it for some amount to take your money back and you still have another amount for waiting for another higher price.
full member
Activity: 238
Merit: 112
February 04, 2018, 01:30:04 AM
#55
In my opinion to trade right is use stop loss in every trade because in trading our analysis and prediction only about 60%-70% probably right but about 30%/40% can be wrong. So learn more to reduce the risk is very important in trading. Thinking about the risk first and then you can make strategy to reduce it. There's no such thing as a good or right when it comes to trade our altcoin you need courage to overcome your fear of losing your money if you want to become a good traders in the future and don't let your emotion affect for what you doing.
First of all, I need to know what kind of trading you are talking about ? There are many types of trading that you need to know. For example : long-term trading, also called as investment. Short term trading, also called daytrading. And trading with various crypto, usually you will invest or buy some new Altcoins that you think have potential to rise in term of price. When it comes to daytrading or short-term trading, I do not know. But I know about long term trading. Usually you buy a crypto that you like and best suited for you, like Bitcoin and Ethereum. Then all you have to do is wait until the price goes up. Then you can sell your crypto when you get profit. You can also share your money with some crypto, do not put all your eggs in 1 basket.
full member
Activity: 658
Merit: 106
February 04, 2018, 01:02:36 AM
#54
how to trade the good and right so that we do not lose?

There's no such thing as a good or right when it comes to trade our altcoin you need courage to overcome your fear of losing your money if you want to become a good traders in the future and don't let your emotion affect for what you doing.

Can anyone advise to me on a trusted site?

Actually, there's so many exchange site that you can trust.

Here's an example

Poloniex
Bittrex
Etherdelta
Binance etc...

For seniors please guidance ... Wink Wink Wink

it's not all senior rank know how to trade their altcoin, so be careful all suggestion that you can pick up, it's that clear!
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
February 04, 2018, 12:26:55 AM
#53
First choose right coin to trade. Before that just do research about it. Buy low price and sell it high price, which is good trading. So buy right coin and hold till the price pump. Then sell your coin.

There are lots of trading platform available now.

I am using these three trading platform.

1. Binance
2. Bittrex
3. Polonies

These are all the best exchange platform, you can choose any of these. Binance has lowest trading fees. Then the decision upto you.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
February 03, 2018, 09:37:58 PM
#52
In my opinion to trade right is use stop loss in every trade because in trading our analysis and prediction only about 60%-70% probably right but about 30%/40% can be wrong. So learn more to reduce the risk is very important in trading. Thinking about the risk first and then you can make strategy to reduce it.
hero member
Activity: 1386
Merit: 504
February 03, 2018, 07:59:20 PM
#51
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
You and yourself can discover it by always reading and watching some sort of good strategy, here we have different ideas, options and the way we want to trade my skills and your skills are different.

Sites like
Binance
Bittrex
Kucoin
Huobi
Etc.

This sites are the most popular trading sites nowadays you can try but still don't go all in because any exchange can have a problem anytime and its like bitcoin we aren't sure how long it will exist.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 03, 2018, 04:57:27 PM
#50
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
Buy low and sell high this is the good way of trading,if you follow that way then no chance for lose your money.


And avoid hypes, pump and dumps and panic selling. Don't trade when overruned by emotions. Trade smart - buy prosperous coins and hold it until prices rise.
These points are key, people fall for the hype all the time, when an ico gets a lot of money invested in it most see this as a good sign but if a project got a lot of money in the ico then that means there is not going to be as much money to buy the coin when it hits the exchanges, so not only you are not going to earn as many profits you could lose money if there is not enough demand for the coin.
newbie
Activity: 29
Merit: 0
February 03, 2018, 03:04:47 AM
#49
As far as I have gained knowledge from the forum, I can say that at first you have to acquire knowledge about trade. Someone said that these coins can not be believed to invest well.

You have to have good ideas about crypto currency. its marker must undestand. And you have to decide to invest.

Trade is not easy matter. There is a possibility of losing everything to you here. Therefore, before investing, trade your decision and invest. Currently, crypto coins are being circulated in different countries of the world.

member
Activity: 98
Merit: 14
February 03, 2018, 02:42:39 AM
#48
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink

I can advice you to trade on poloniex because it is a good site for beginners, but to trade without losing? Yes it is possible, but you must always know that there is no perfect strategy in trading, you must be prepared to lose aome of your investment. I advice you to learn about cryptos and how they work so that atleast you will reduce the risk of losing your profits. How to do it right? They say BUY LOW SELL HIGH. It is the universal rule. Will you sell something you bought in $100 for $60? Of course not! You will not earn that way.
sr. member
Activity: 1491
Merit: 320
🐪
February 02, 2018, 04:14:33 PM
#47
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
Buy low and sell high this is the good way of trading,if you follow that way then no chance for lose your money.


And avoid hypes, pump and dumps and panic selling. Don't trade when overruned by emotions. Trade smart - buy prosperous coins and hold it until prices rise.
sr. member
Activity: 2226
Merit: 347
February 02, 2018, 04:10:58 PM
#46
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
There are lots of trusted exchanges such as poloniex,bittrex,binance etc. but as king on how to trade good and right then this thing would entirely matter on how you do it. Talking about lose? Its unavoidable which means we do really suffer this thing specially when we are still a newbie but yet these mistakes would really give experience and learning towards it which we should really not be easily discourage if we do lose the more important thing is you gained knowledge.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 02, 2018, 03:59:12 PM
#45
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
Just keep this in mind that you should never store huge amount of coins or your investment on any kind of exchange. No matter how trusted they are, you still should not trust them with all your assets. The exchange might so full scam any time without you noticing or the exchange might get hacked and you will end up losing your money.
It is troublesome but if you are going to trade it makes sense to use many different exchanges instead of using a single one, that way if one of the exchanges gets hacked or seized by the governments you do not lose all your money but many people prefer convenience over security and that is why we see many examples of people losing all their money when an exchange gets hacked.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
February 01, 2018, 03:37:33 PM
#44
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
Just keep this in mind that you should never store huge amount of coins or your investment on any kind of exchange. No matter how trusted they are, you still should not trust them with all your assets. The exchange might so full scam any time without you noticing or the exchange might get hacked and you will end up losing your money.
hero member
Activity: 840
Merit: 500
February 01, 2018, 03:32:30 PM
#43
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
You must have a reason before entering each trade. Start a trade only when you know why you're starting and have a good strategy for afterwards not lose.It's important to note that to trade right requires attention and your one hundred percent focus
Most people only think of making money, so that is the only reason they make trades they do not think about what they are going to do when the trade goes bad, this is another characteristic that distinguishes those that are successful from those that are not, the ability to plan for the future and for many different set of circumstances no matter how unlikely they may be.
some people make some way that are not been think what was the best decision that it may be so better to make some way how you make some way of improvement that at first this is not as easy as we know so make some better way how it may be.
To me i thing that it is depending on your experience, if a person want to become perfect in trading he need to get some experience first and only then e can take right decision, Without having good experience i think we cannot take right decision in right. There are already present some people who are too much expert in crypto trading and getting good profit from it.
full member
Activity: 364
Merit: 100
February 01, 2018, 03:12:51 PM
#42
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
You must have a reason before entering each trade. Start a trade only when you know why you're starting and have a good strategy for afterwards not lose.It's important to note that to trade right requires attention and your one hundred percent focus
Most people only think of making money, so that is the only reason they make trades they do not think about what they are going to do when the trade goes bad, this is another characteristic that distinguishes those that are successful from those that are not, the ability to plan for the future and for many different set of circumstances no matter how unlikely they may be.
some people make some way that are not been think what was the best decision that it may be so better to make some way how you make some way of improvement that at first this is not as easy as we know so make some better way how it may be.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
February 01, 2018, 02:33:53 PM
#41
You can't trade so that you won't lose, that's like saying I want to invest in a stock and make money but I don't want to risk anything at all. It's impossible, as there is a chance at losing everything that you put in crypto at any time. That is why many say when you go ahead and put money in Crypto, you should be writing it off right then and there -- the volatility here could turn on us and kill all of the coins.


Though the only trading platform I could recommend is Polo and Binance, though as the guy above me said Binance isn't accepting new users right now (temporarily) But once they open up again I would run back to them as they're doing a wonderful job in the trading world.

Now if you want to know what to invest in, you're going to have to research your own coins -- don't trust ANYBODY. Everyone is out for themselves and is going to shill the coins that they own -- it's common sense and common knowledge among investors

I agree. The trading market is not always a "time in paradise" type of venture that there is a standard that could be implemented for you not to experience any loses. The cryptocurrency market is not like that, assets and coins may change in value at any time and at any moment, therefore, there will be times that even if you study every possible scenario and outcome hoping that one trade would be a good one, only to find out in the end that it will result to a loss. Also, since the changes and shifts in value may come abruptly there is not fool proof way to be immune to these changes and trends. The more you stay in the market, the more chances for you to gain a feel and knack to know what is a good or a bad trade. Sometimes, even if every aspect leads to say that it's a good trade, you would have that gut feeling that it won't, and that is of value too. There are so many things to consider.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 01, 2018, 02:27:18 PM
#40
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
You must have a reason before entering each trade. Start a trade only when you know why you're starting and have a good strategy for afterwards not lose.It's important to note that to trade right requires attention and your one hundred percent focus
Most people only think of making money, so that is the only reason they make trades they do not think about what they are going to do when the trade goes bad, this is another characteristic that distinguishes those that are successful from those that are not, the ability to plan for the future and for many different set of circumstances no matter how unlikely they may be.
hero member
Activity: 980
Merit: 523
January 30, 2018, 02:04:09 AM
#39
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink
There is no way to trade without losing, this is a basic mistake that many people make, just think about it, look at the best player of your favorite sport, that person has spent a whole life to be the best at his sport and yet he makes mistakes, you think you are going to enter a very competitive industry like trading and you are never going to lose, not even a genius could pull off something like that.
Never get too afraid about losing, that's part of learnng process, when we already lose we were aware now how to make it more effective the next time, trading is risky and requires experience, so don't worry too much you'll learn when you put your focus and interest in it.
Making mistakes will be inevitable but what we do with those mistakes is going to determine if we are going to become good traders or not, many people never take the time to think about why they did this or that mistake, so as you may guess, they keep repeating their mistakes unaware they are the ones causing all of this, if they only stop for a second and think about it they could save themselves much money but many prefer to keep doing the same thing and receiving yet again the same results.
Those who learn from their mistake can gain a lot of profit in field of trading and trading Is all about taking right decision on the right time and there are many people who don’t have any skills at all but have score very high in bitcoin trading because there are intelligent in the decision taking and so bring this capability in yourself and I have learnt a lot from this forum and I only buy at low and sell at the higher prices and it’s enough.
hero member
Activity: 980
Merit: 506
January 29, 2018, 04:56:51 AM
#38
Losses are inevitable when it comes to trading. For you do trade right you realy have to study and learn trading so that you have lesser chances of losing your crypto currency. 
There will be hardly any trader who has never suffered any kind of loss. Almost all the trader have suffered a huge loss and that too more than once. The things I trading involves continuous learning and that you can only improve if you will keep on learning more things every day.

Experience is the only thing which can help you in making the right decision and helping you in having some good earnings by doing trading.
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