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Topic: My first day of trading - page 19. (Read 11980 times)

hero member
Activity: 1610
Merit: 507
July 27, 2017, 07:34:35 PM
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

you do great trading in your fist time trading and you make nice profit. keep in mind that you still need practice to earn more profit and you need to learn about analyze the coin. i think if you can learn with good in every aspect in trading, i am sure that your profit will much bigger than your first day. my suggestion is don't be greedy while you want to take profit because if you are become greedy then you are difficult to make profit and you need to wait too long to earn profit.
member
Activity: 84
Merit: 10
July 27, 2017, 07:29:52 PM
#99
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

Hey man that is an amazing result for your first day of trading! You made 25% ROI on your money in once day... normally it takes years to do that.

Just play it safe and don't keep your money on exchanges unless you want it to get stolen.
sr. member
Activity: 630
Merit: 250
July 27, 2017, 03:26:51 PM
#98
To be honest, it was difficult for me to easily. The main thing to know What are you going to touch. Initially, my coins for which I pay money were very well studied and so I knew when and how to buy and sell them. At least 1 phase of my training in trading was very successful.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
July 27, 2017, 05:09:55 AM
#97
my first trading was unlucky, I trade xrp on 14.400 but tomorrow xrp dumped to the 11.500. I bet on 0.2 BTC
that was my first horrible trading
Actually, my first day in trading was very worst because I lose a lot of bitcoin and I do not know how do trading properly. In addition to that, after I lose a lot of bitcoin and I conduct a study about bitcoin trading so that I can earn the bitcoin that I lose in my first day. Lastly, I believe that trading will help me to gain a lot of income and money.

It came to the point that I lost almost all my capital on my first day of trades but i don't surrender on this and make this one as a lesson that needed to avoid on my next trade, And i though before that its easy to trade but looks like my expectation doesn't meet since the movements are tricky and it killing my newbie mind but for now I have a trading group where i can get some ideas on how to do a proper trades and control my emotion on certain instance.
Experience is the best teacher indeed, it's good to learn from experience and learning on it we are no longer prone to get scamned or we are already aware so we can't lose too much. Never get scared to failed it's part of getting the success.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
July 27, 2017, 04:12:31 AM
#96
my first trading was unlucky, I trade xrp on 14.400 but tomorrow xrp dumped to the 11.500. I bet on 0.2 BTC
that was my first horrible trading
Actually, my first day in trading was very worst because I lose a lot of bitcoin and I do not know how do trading properly. In addition to that, after I lose a lot of bitcoin and I conduct a study about bitcoin trading so that I can earn the bitcoin that I lose in my first day. Lastly, I believe that trading will help me to gain a lot of income and money.

It came to the point that I lost almost all my capital on my first day of trades but i don't surrender on this and make this one as a lesson that needed to avoid on my next trade, And i though before that its easy to trade but looks like my expectation doesn't meet since the movements are tricky and it killing my newbie mind but for now I have a trading group where i can get some ideas on how to do a proper trades and control my emotion on certain instance.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
July 27, 2017, 04:07:07 AM
#95
I also have my first experience when first trading. Well, at first confusing, but i remember, that i gained profit from my first trading, but it was not too big. I am very often monitor the market and until now I still often monitor the market
sr. member
Activity: 518
Merit: 250
July 27, 2017, 03:51:00 AM
#94
my first trading was unlucky, I trade xrp on 14.400 but tomorrow xrp dumped to the 11.500. I bet on 0.2 BTC
that was my first horrible trading
Actually, my first day in trading was very worst because I lose a lot of bitcoin and I do not know how do trading properly. In addition to that, after I lose a lot of bitcoin and I conduct a study about bitcoin trading so that I can earn the bitcoin that I lose in my first day. Lastly, I believe that trading will help me to gain a lot of income and money.
sr. member
Activity: 1330
Merit: 291
July 24, 2017, 01:42:15 PM
#93
Well done op, that is a good one. It was almost the same thing in my first crypto currency trading with poloniex exchange. A made profit in my first, second, third and four trading with stratis, but the fifth one with DGB which happen to be a coins that I don't know much about it but lost more than the profit i earn from other four trade. But am currently making some progress in my trading because of the lesson I learnd from my mistake.
sr. member
Activity: 473
Merit: 250
July 24, 2017, 01:13:35 PM
#92
you say that you have no experience, but I think you did very well. I'm also trying to learn and want to earn money from it. But maybe I need a little more time.
Just watching other suggestions will not help you to learn to trade. invest a small amount and try. if you lose also no problem you will learn how to trade.
hero member
Activity: 756
Merit: 500
July 24, 2017, 12:42:51 PM
#91
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott
Good strategy.So while trading altcoins,always fix your profit target as 5% or 10% and as soon as you achieve your target,just sell that coin and finish the trade.Don't blindly follow the pump as you don't know exactly when it would be dumped.Don't think sky as limit for your profits as it may lead you to loss.
Yes, after take profit you still can repeat new round with this coin or other altcoin you see can like your guess. When set target and stop loss before create order will helps you have a safe point and can control all your funds or emotion when trading!
full member
Activity: 149
Merit: 100
July 24, 2017, 11:46:18 AM
#90
you say that you have no experience, but I think you did very well. I'm also trying to learn and want to earn money from it. But maybe I need a little more time.
hero member
Activity: 714
Merit: 500
July 24, 2017, 09:24:16 AM
#89
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott
Good strategy.So while trading altcoins,always fix your profit target as 5% or 10% and as soon as you achieve your target,just sell that coin and finish the trade.Don't blindly follow the pump as you don't know exactly when it would be dumped.Don't think sky as limit for your profits as it may lead you to loss.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
July 24, 2017, 08:05:11 AM
#88
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

Well, it's only your chance to make profit about 20% in short time. You could have lived just opposite of this by losing 20% of your capital. Lucky you, you bought sicacoin while it's pumping hard. And note that, please use stop-loss all the time while trading coins.

Good for you dude. Sia is actually one of my.most trusted coins for trading as well along with ripple and nemcoin. Though there are times like these when those coins are more on the down side, i don't mind waiting. My first days of trading weren't as lucky as you because i lost all my capital then playing with omni and panicking.
sr. member
Activity: 420
Merit: 250
July 21, 2017, 08:49:22 PM
#87
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

Well, it's only your chance to make profit about 20% in short time. You could have lived just opposite of this by losing 20% of your capital. Lucky you, you bought sicacoin while it's pumping hard. And note that, please use stop-loss all the time while trading coins.
sr. member
Activity: 868
Merit: 289
July 21, 2017, 06:41:58 PM
#86
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott
I remembere when I was a firs timer in trading industry. It was just my friend told me to buy an altcoin in poloniex and bittrex and gave me an instruction how to buy in the exchange I was like a noob no knowledge and idea but in a world inside the trading industry.. Smiley
sr. member
Activity: 714
Merit: 250
July 20, 2017, 09:45:49 AM
#85
good job now scale up and diversify to mitigate some level of risk.
On my first day of trading I thought that it is impossible for me to gain bitcoin more,but as tine goes by and as I trade in so many times I have proven that trading is a very essential and useful thing that can make my money grow.
full member
Activity: 157
Merit: 100
July 20, 2017, 09:41:22 AM
#84
my first day of trading was not on the cryptocurrencies, but on forex actually Smiley
It was pretty fun, I have started with oil actually. That was a very good choice because in first 2 weeks i was able to make 750$ on long position.
sr. member
Activity: 630
Merit: 265
July 20, 2017, 09:30:34 AM
#83
my first trading was unlucky, I trade xrp on 14.400 but tomorrow xrp dumped to the 11.500. I bet on 0.2 BTC
that was my first horrible trading
Actually, my first day of trading was very worst because I lose a huge amount of money and that time I don’t know really how to do trading. In addition to that, I try to conduct a study about trading so that I could earn the money that I lose and to know the trading fully. Lastly, I hope trading will help me to gain and make a good income.
newbie
Activity: 8
Merit: 0
July 20, 2017, 09:27:30 AM
#82
My first tradding was good luck.i was satisfied when i complete my trade.i started trade in cryptipia by xrb / mrai.But it amount was very low.
Good job now scale up and diversify to mitigale some level of  risk.
hero member
Activity: 952
Merit: 500
July 20, 2017, 09:06:10 AM
#81
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott
Absolutely,altcoin trading is done on a short term basis and mostly altcoins are day traded.You should fix a target of certain margin say 5% or 10% and as soon as you achieve that target,just sell your coins and finish the trade.That would be the best strategy while trading in altcoins.
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