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Topic: My first day of trading - page 2. (Read 11980 times)

sr. member
Activity: 630
Merit: 258
April 22, 2018, 12:26:19 PM
My first day is full of stress. I feel upset a bit because I am not good about it.
Through lack of experiences and knowledge my mistakes in trading leads me to suffered into a big loss in my investment so after that I quited that job, maybe because of its not suitable for me.
member
Activity: 266
Merit: 10
April 22, 2018, 11:47:48 AM
I got the same experience when I started trading a month ago. I bought a fairly new altcoin a couple of days after it went in the exchange. I did my research and everything and saw potential in it. So I eagerly bought when when it was low, not speculating that it will go lower and down it did go.  Never purchase in a pump when you have already missed the dip. It is safer except you want to take a huge risk after reading some news of sort or after monitoring the past market trades
member
Activity: 302
Merit: 10
April 22, 2018, 11:43:29 AM
You need to invest time and patience for you to stay on the platform of trading and for you to learn more ways for you to earn just consider having alternative crypto-currencies that you may have and trade as a part of your trading. If you are willing to take the risk on trading in order for you to earn it is actually a good thing to start on investing on different alternative crypto-currencies. Altcoin can make a good movement in the market
member
Activity: 238
Merit: 10
April 22, 2018, 11:43:21 AM
 I lose some money when I first trade maybe thats because its my first time and my skills and knowledge are not enough. But I learned from my mistakes thats why I read self help books about trading and I think it helps me a lot. A very good trading strategy and I think it is a wonderful experience that you have. Trading is a games of skills and you should understand that you have to keep on practice to become perfect
newbie
Activity: 39
Merit: 0
April 22, 2018, 10:09:28 AM
My first day of trading was quite lucky, so i was thinking everything is so easy. But the next day i understood how wrong i was  Cheesy It does need a lot of analysis and practice
jr. member
Activity: 252
Merit: 8
April 22, 2018, 10:08:58 AM
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 Job Scott..experience would always be the best way to make yourself knowledgable of something..Goodluck with your future trading.
full member
Activity: 406
Merit: 100
April 22, 2018, 07:53:30 AM
My first trading day belongs to NEO, which may have been perfect in 7 consecutive days I had a profit of $ 70. But then did not go with ONT. I lost $ 150 in two days. It is a feeling of loss and forgetfulness. Huh


You will learn a lot from that experience and day by day you will be better until you'll realise that trading is so just easy for you. No one is good at his/her first day on crypto market preferably in the trading because you will have no idea what's really going on there and just see a lot of numbers. We are both have the same experience my first day of trading doesn't look good and my money just disappeared without knowing where is it going, so from there I adjust myself and plan of having buy and sell price range so that I can monitor when is the right time to buy and sell the coins that I bought.
sr. member
Activity: 672
Merit: 250
April 22, 2018, 07:42:35 AM
I think you did a good job. you will more  experience while trading day by day , I'm also working hard and trying to make money from it.
member
Activity: 294
Merit: 11
April 22, 2018, 07:28:10 AM
I remember well my first day of trading. I bought bitcoins at a time when the price was growing. I got an income of about 10% for the first week. I was in euphoria. These were very good times for trading.
member
Activity: 333
Merit: 11
April 22, 2018, 01:07:33 AM
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

a good start suppose you really do not know very well with inflammation, and you have gained considerable profit of course, but as long as you know in trade you will some day be defeated, so you have to stay alert and be careful to trade , different as we invest.
newbie
Activity: 178
Merit: 0
April 22, 2018, 12:46:45 AM
My first trading day belongs to NEO, which may have been perfect in 7 consecutive days I had a profit of $ 70. But then did not go with ONT. I lost $ 150 in two days. It is a feeling of loss and forgetfulness. Huh

You are very similar to me. The first day when I invested I made a lot of profit. But on the second day I lost twice the amount of money I had earned, since then I realized that investment in this market is not straightforward. We need more knowledge when investing.
newbie
Activity: 184
Merit: 0
April 22, 2018, 12:27:19 AM
My first trading day belongs to NEO, which may have been perfect in 7 consecutive days I had a profit of $ 70. But then did not go with ONT. I lost $ 150 in two days. It is a feeling of loss and forgetfulness. Huh
full member
Activity: 249
Merit: 100
April 21, 2018, 09:41:49 PM
at least you made some profit , that is a good start. but it is very easy to get overconfident after you make a couple of good trades. there is always more to learn, i would advice to trade with small parts of your bitcoin and not everything at once.
hero member
Activity: 1204
Merit: 500
April 21, 2018, 09:22:13 PM
You got big balls to start first trading with 1 btc!
i remember my first trading when i bought Ltc at 21$ and sold it at 26$ i was so happy and now when i see the price i wish i have holded it a bit longer!
yeah, you're right. starting with 1 btc is really great. I also believe the times of trading with only 0.05 btc at a price of 1 btc is about $ 400. well, it was really a great experience. even I get the first profit for trading.
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
April 21, 2018, 08:32:50 PM
I remember doing scalping on siacoin before when there is an active buying/selling in orders book and I earn at least 7% and that was a great experience. But be aware that you could still lose just like what happened to me, maybe it's what they called beginner's luck so just prepare yourself.
newbie
Activity: 29
Merit: 0
April 21, 2018, 06:22:58 PM
I wonder if the OP ended up buying that btc and just hold it til now...
member
Activity: 140
Merit: 10
April 21, 2018, 06:10:56 PM
My first trade, i lost 40% of my btc capital because i panicked when i saw that the altcoin i purchased went on a steep dump. it only took around 10mins before i sold my altcoin way below the price that i purchased it. Eventually the price bounced back later that day and i could've earned 20% if i just waited and didn't lose composure
member
Activity: 255
Merit: 10
April 21, 2018, 01:54:37 PM
This is what I call a good start, so now try to increase amount of money trading, and you will became big and rich one day.
hero member
Activity: 798
Merit: 502
April 21, 2018, 01:35:21 PM
My first day of trading I made a purchase using the minimum amount and it was for my first time study, I advise you to use minimal capital and practice trading than you have to put a large amount and lose when trading.
I too use only minimal amount of bitcoin when I first trade and it was from the faucet where I collected all the satoshi for a month I think. It was a fun experience I lost everything but learned and become wise in trading. After the wrong decisions I managed to get back my loss and made a lot of profit.
full member
Activity: 815
Merit: 101
April 21, 2018, 01:05:38 PM
My first day of trading I made a purchase using the minimum amount and it was for my first time study, I advise you to use minimal capital and practice trading than you have to put a large amount and lose when trading.
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