Topic: If you want to be successful in trading.. - page 13. (Read 1650 times)
I have a simple but effective strategy to be successful in trading. That is- buy when people sell and sell when people buy.People buy at the time of price rise and sell at the price fall. Just do the opposite.
Now the present market is in critical situation we should not react to the market, otherwise we have to face big loss in the market. Now in this condition patience is always key to kept holding once it increases the prices.
I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
You are absolutely right.Trading is not a region where you can rash through to profit.Trading requires more of patience and less of aggression as you need a calm mind to think which is the correct time to sell or to purchase.Which is lacking in most of the traders nowadays and they get panic really fast which causes loss to not only them but to the whole market.I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
You are absolutely right.Trading is not a region where you can rash through to profit.Trading requires more of patience and less of aggression as you need a calm mind to think which is the correct time to sell or to purchase.Which is lacking in most of the traders nowadays and they get panic really fast which causes loss to not only them but to the whole market.
Having patience and knowing the right time to enter market is highly crucial. Be on the side line, watch, learn unlearn and relearn. Know the days to stay of trading. Over trading is not healthy, always know when to exit from the market and never pursue your loss. Some might say they are pro in day trading while some are good in long term. Discover your niche and be best at it.
Need learn about the trading, studying the market, and need patient. Trading is one good investment for long term.
Don't be emotional in trading, if emotional is good can make bad decisions. Sometimes you need good analysis about that trading you invest.
Trading isn't or can't even called as good investment. Trading is another way to make money and it has very high risk. If you are choosing as long-term trader, it's mean you are an investor, in other hand, if you are choosing short-term, you are a trader, you won't keep your coins for long term but you prefer to sell it once it already made some profit for you (at least higher than your buying price).Don't be emotional in trading, if emotional is good can make bad decisions. Sometimes you need good analysis about that trading you invest.
I think I can stay on the main alternative coins, wait, buy low, sell high and repeat. It's going to be an absolute pain in the ass come tax time though.
I have said many times if it's very hard to predict when "the right" time to buying at low and sell it on high price. It's not easy to repeat too. Sometimes, when price going up and it's already higher than your buying price, you will think it's already on peak, but after you waited some days later, price dropped below than your buying price and you regret it because you didn't sell your coins before. The most difficult thing in trading is keep patient and to manage the emotions. I try to learn it but its hard, all trading strategy is easy to learn it but to keep always patient is hard.
If a person has patience they succeed more than failure. Each of us has the capacity, knowledge to do business. But rather than losing in patience. When you are patient you make the right decision for your business. I believe in business patience accounted for 70% of the victory. 
The most difficult thing in trading is keep patient and to manage the emotions. I try to learn it but its hard, all trading strategy is easy to learn it but to keep always patient is hard.
Trading requires a lot of features, but I think most traders do not know about them. I think that after a long time each trader is changing some habits, the only thing that does not change is greed. Greed is a feature placed in the structure of human, so we regret.
I don’t advice any new investors spend on one coin only,, but they need to diversify to 2 or more high potential and working ICO coins or tokens.. In daily trading,, your correct the higher the risk the higher the chance to lose but with minimal profit.. Some coins are from new projects that need to finish the implementation and gather community acceptance before spiking the price to the moon..
I think I can stay on the main alternative coins, wait, buy low, sell high and repeat. It's going to be an absolute pain in the ass come tax time though.
If you want to be successful in trading i think you must harder to research make some possible effort to get some knowledge about trading because without that i don't think you're gonna be successful in trading.
I have an experience in prop trading, so at the beginning you should become day trader on a small timeframes in order to get experience. That is at least 1 year of every day trading for 5-8 hours per day. This is really hard and majority lose money and passion, but this is a way how to become expert
To become successful we must do sacrifices, and extend our patience on trading feild. Because trading is not an easy task and it can really change our life if we do it seriously. Many people around really gain a huge amount of profit in trading it is all because they learn trading in a slowly way with some losses. I think experience is really one of the most important on the feild.
if you want to succeed in trading, then you must have a good estimate and have great patience, because without patience you will take a wrong decision in trading, one example is panic selling, if you are impatient then you will rush to sell when prices are going down without a second thought.
Its a good assumption, and I kind of agree with it if you are freelance traders that not occasionally trade, some people make a living from trading and that person needs high frequency of trade, but all of trading purpose is to make profit, if the trade can make you earn profit I think its okay no matter how often is your trading frequency
I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
I don't agree with this 100% because I think you can be successful in trading frequently but I think for newcomers it's very good advice. Instead of looking for a good trade to make each day do not restrict yourself to have to make trades. Look for the best opportunities and if there are not any on that day then do not make any trades.
Inorder to become a successful trader,there are some useful tips to consider, have a game plan, make sure you know why you are getting involved in this,,set clear boundaries, get over fear of missing out, always remember volatile market, wise up to depreciation and have a clear strategy, a strategy that includes your in and out prices,making right decision in trading is a risky part ,a decision that you will never regret at the end, just be wise enough.
Need learn about the trading, studying the market, and need patient. Trading is one good investment for long term.
Don't be emotional in trading, if emotional is good can make bad decisions. Sometimes you need good analysis about that trading you invest.
It's a hard job you need to do because you also need to improve that regularly although you have learn a lot already. Don't be emotional in trading, if emotional is good can make bad decisions. Sometimes you need good analysis about that trading you invest.
Like what many are saying, when you really like to succeed in trading, make it as your journey and every journey is not always smooth as there
are challenges that you need to surpass.
To be successful in trading, the first thing you need to do is learn the concepts of cryptocurrency, how it works .... you can learn this in books, newspapers, youtube,...then You need to learn more practical experience on this forum to avoid common mistakes. And after learning all of this, start investigating the crypto market, then invest in the crypto, and you have to be patient in this market, I believe you will definitely succeed. .
Need learn about the trading, studying the market, and need patient. Trading is one good investment for long term.
Don't be emotional in trading, if emotional is good can make bad decisions. Sometimes you need good analysis about that trading you invest.
Don't be emotional in trading, if emotional is good can make bad decisions. Sometimes you need good analysis about that trading you invest.
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