Topic: How to trade wisely - page 19. (Read 3274 times)
make a vote-pool in crypto groups, if most of ppl voted for price increasing, you should sell them all
Each one has different views about the market, without any knowledge, it is not good to enter the market. Always try to improve standards of patience and emotion. These are the main requirements for trading. We have to act according to the market conditions.
Personal opinion, stay awake, sell at the time you think the price is reasonable, don't hesitate to unknowingly, that's all.
Learn to trade wisely on the stock exchange, you can have good knowledge about the market. You should Be able to keep your emotions. You need to learn to be a pragmatist. Start with small insignificant sums, track your results, work on mistakes. Over time, you will learn.
you must know the market conditions that occur and the term that existed in the world crypto. if you already understand the basic how to trade. try to buy when the market is falling and hold it until the market back green or according to your target. this way you will get profit and do not lose.
To learn the basic trading they must go with the trading section on this forum. Even op has to create the post on that section to know how to trade wisely. I see some tips has been pinned on trading section even that can be helpful for her.
I advice you to invest your money on any cryptos which are in the top 20 list those coins will be reached to the biggest marketplace value in some days mate. Please do more research with the youtube videos as well.
you must know the market conditions that occur and the term that existed in the world crypto. if you already understand the basic how to trade. try to buy when the market is falling and hold it until the market back green or according to your target. this way you will get profit and do not lose.
i didnt know how to trade wisely im a beginner, can anyone help me
Plan your trade and trade according to plan. Hope and fear are the two worst enemies of the speculator. Always set higher trading goals. Stop is the key to the success of many traders. Limit your losses. A successful trader is someone who has been trading for a long time. Successful traders buy with bad news and sell at good. The most powerful trading tool is simply following the trend. Remember that a bear market in one month will completely eat a three month gain in the bull market.
I hope something from this list will help you.
In general , when you have a great knowledge and a multiple experiences ( Especially , failed attempts) in trading then you can trade wisely, if you are beginner in this field, then before everything you must learn how to control yourself ( emotion) because there will be many unexpected surprises and situations in the market ( like, big drop, and pump ) , and after that, you should learn and understand this field, maybe you need books and they will help you a lot such as, Cryptocurrency the trading Bible, Bitcoin trading and investing.., and must read the analysis.
In fact, I advise you to help yourself by yourself and, trust me, if you have any problem, then do not ask for help from others because they are not in your place.
In fact, I advise you to help yourself by yourself and, trust me, if you have any problem, then do not ask for help from others because they are not in your place.
So, if you are a beginner, I advise you to start with demo trasing. Don't put your real money in crypto trading as it is highly volatile and unregulated and can easily get you rekt. First you need to understand your risk appetite. How much risk you're willing to take. According to that you can decide upon long term, short term, day trading or a combination of them. With this you can also decide whether you want to go with larget mcap coins which are more stable one or medium or small mcap coins.
The most important rule of the trader is to act with a cold head. To learn how to trade with the mind you will take years. This is a very difficult task. You need to be able to understand the market, analyze.
There's a lot of things you need to learn first in order to start trading such as:
• The risk you're about to face
• What coins in where you're going to buy
• Different Strategies
• Signals
• Plans about every situation may happen
• Capital
• etc.
You can't learn all of it in just one day i suggest to study trading first like introduction, how to earn, what exchange your going to use, Risk your about to face etc. After that you can start by studying coins you want to trade as well as the strategy your going to make like (Day trade or Long term) What are your % profit goal.
I suggest to experience it first before start the atual trading there's a lot of trading simulators in order for you to experience trading, here are some:
https://coinmarketgame.com/
https://coins2learn.com/
https://altcoinfantasy.com/
*I didn't check it all just found it in the internet, you can also look for yourselves, Just search it.
But if you really want to experience real trading i suggest first to invest only a small amount and try it just to be familiarized and when you think you're good enough to survive then do the trading. Trading is a risky platform you may ended up losing all your money so invest only what you can afford to lose.
• The risk you're about to face
• What coins in where you're going to buy
• Different Strategies
• Signals
• Plans about every situation may happen
• Capital
• etc.
You can't learn all of it in just one day i suggest to study trading first like introduction, how to earn, what exchange your going to use, Risk your about to face etc. After that you can start by studying coins you want to trade as well as the strategy your going to make like (Day trade or Long term) What are your % profit goal.
I suggest to experience it first before start the atual trading there's a lot of trading simulators in order for you to experience trading, here are some:
https://coinmarketgame.com/
https://coins2learn.com/
https://altcoinfantasy.com/
*I didn't check it all just found it in the internet, you can also look for yourselves, Just search it.
But if you really want to experience real trading i suggest first to invest only a small amount and try it just to be familiarized and when you think you're good enough to survive then do the trading. Trading is a risky platform you may ended up losing all your money so invest only what you can afford to lose.
Patience and self decipline are the key to success of a professional trader. Inorder to be a knowledgeable trader you must have to do some research to know more about the strategic ways of trading. Buy low and sell high is the most important thing to remember in trading.
Efficient trading is a skill gained over a while.
You have to have knowledge of the market, reading charts and indicators.
If possible get a mentor.
Buy low and sell high.
You have to have knowledge of the market, reading charts and indicators.
If possible get a mentor.
Buy low and sell high.
i didnt know how to trade wisely im a beginner, can anyone help me
it possible to expert in trader ??
Buy when the markets are red. Check the coin foundation - Team, Marketcap, Volume. Sell when green at least 3% profit will be good for selling. Repeat the pattern and don't be too greedy. Constantly reap good money.
Er, no, not the best advice. Markets were red for weeks in January. I waited even longer to buy lower floors in February and most of them are STILL waiting to break even. Can't imagine what happened in January to all those traders who though 20% or even 30% dips were great entries. Many alts broke 70% losses and even 90%. Even one particular coin I bought (Elastic) during a dip last year has continued to drop to depths I could never expect. Great project, great coin, but there we go.
This is a whole science. People have been studying this for many years. And even experienced traders do not have a 100% result. It seems to me that a trader should possess not only extensive knowledge, experience, but also an innate intuition.
Trading is not easy for many. It takes a lot of risk for traders. It involves a high probability of losses and financial risk. For a beginner, it is advisable that you should try to get depth knowledge of the stock market field. You should understand various tactics involved and the risks involved with various types of trading styles.
In order to gain profits and to be a winner, the key is to anticipate the price movements of the commodity.
In order to gain profits and to be a winner, the key is to anticipate the price movements of the commodity.
most of all don't be greedy in taking advantage. trade fair only in the hope of getting lucky enough if only the greedy and put forward just lust then I think there will be no trade with both.
You can either invest in a good project for long term and gain some big money. Or u can daytrade for some small daily profits. Both have its own risk. While going for long term investments choose solid projects. For daytrading don't forget to take out profits, don't be greedy.
By this way you can win most of the times
By this way you can win most of the times
to trade wisely you dont need to become a professional or what.it is just only a common sense it comes to trading.o
just buy it in a low cost and sell it when it going pump..and also you need to be greedy.
just buy it in a low cost and sell it when it going pump..and also you need to be greedy.
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