Newbie looking for some strategic advice - page 5.

Oilacris

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Quote from: avatar_kiyoshi on December 16, 2019, 08:37:36 AM

Quote from: nydiacaskey01 on December 15, 2019, 07:51:34 PM

Quote from: Slow death on August 29, 2019, 03:53:43 PM

-snip-

None. Because if you trade a coin on a daily basis instead of just holding them for a long time, the chances that you will earn more is higher. Example is if you just set a goal of 1.5% profits per day, thats 45% in a month, but if you hold on a coin for a month, I dont think 45% is possible.

That's right, I do that way and what is your calculation is true, but I portion my capital for a short-term trading and long-term trading, I usually trade cheap coin that listed in the top 100 coins at the marketcap for a short-term. For a long-term I choose expensive coin that listed in the top 10 coins on the market.

Accumulating and focusing out on getting coins which are on the top ranking is one of my priorities on my investment plans.Same as yours i do make partition
or allocation on both sides.

Since i do have the time and money on doing trading and other investment means, i do always much prefer on diversifying yet you are dividing the risk and somewhat
trying to seek out for more possible ways of earning.

avatar_kiyoshi

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Quote from: nydiacaskey01 on December 15, 2019, 07:51:34 PM

Quote from: Slow death on August 29, 2019, 03:53:43 PM

-snip-

None. Because if you trade a coin on a daily basis instead of just holding them for a long time, the chances that you will earn more is higher. Example is if you just set a goal of 1.5% profits per day, thats 45% in a month, but if you hold on a coin for a month, I dont think 45% is possible.

That's right, I do that way and what is your calculation is true, but I portion my capital for a short-term trading and long-term trading, I usually trade cheap coin that listed in the top 100 coins at the marketcap for a short-term. For a long-term I choose expensive coin that listed in the top 10 coins on the market.

ajeef

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Quote from: Shasha80 on December 16, 2019, 06:49:00 AM

The world of trading is not as easy as imagined, especially for newbies to enter the world of trading, it requires basic knowledge about trading.
If you have mastered the basic knowledge of trading then we can make strategies to make profits in trading, trading strategies an effective
and safe for newbie can use long-term trades strategies. Buy a few coins and wait until the price rises. The next is more risky, that is short-term
trades strategies. The key to this strategy is when it gets profit just sell it. Even though the profit is only obtained 2%. The next strategies for
newbie can buy new coins that want to be listed on exchanges, buy the coins before listing. So when the listing is just selling it. Usually the price
can go up to 300%. Those are three strategies that can be used by newbies, hopefully they can succeed if executed correctly.

But i think as a newbie we better to do a day trading to practice our sense to predict the price, if we always do a long trade we'll just like investing.
But if we do a day trade, no matter we will loss, we will learn the market movement and the market nature which we could predict the price with our own analysis later on when we experienced.

Shasha80

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The world of trading is not as easy as imagined, especially for newbies to enter the world of trading, it requires basic knowledge about trading.
If you have mastered the basic knowledge of trading then we can make strategies to make profits in trading, trading strategies an effective
and safe for newbie can use long-term trades strategies. Buy a few coins and wait until the price rises. The next is more risky, that is short-term
trades strategies. The key to this strategy is when it gets profit just sell it. Even though the profit is only obtained 2%. The next strategies for
newbie can buy new coins that want to be listed on exchanges, buy the coins before listing. So when the listing is just selling it. Usually the price
can go up to 300%. Those are three strategies that can be used by newbies, hopefully they can succeed if executed correctly.

zeze18

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Quote from: jazmuzika217 on December 14, 2019, 08:57:06 AM

Honestly it is hard to give an advice because I won't consider myself as professinal trader. But I will share to you my kind of activity. At first I was only performed short term trading from a small capital to avoid huge loss because that time I am only studying about the trading flow and once you already learn about short term trading it is the time that you can step up to the long term trading. Just always remeber that too much greed will drives you going to loss.

I will add little things about short time trading that i know and i did. Before you enter a trade, you must determined your entry point and your sell point first and don't get distract with any pump and dump condition , as long as your entry and sell point already achieved don't be greed. And don't afraid to have a stop loss, it's better to loss a bit rather than you hold your money too long in a trade.

nydiacaskey01

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Quote from: Slow death on August 29, 2019, 03:53:43 PM

let's go to the practical example:

1-) You have $2000 and buy bitcoin now for the price of $9500 and Hold until the end of next year. I estimate that by the end of next year the bitcoin price could exceed $20,000 which would give you a very decent profit with little risk of losing money.

or

2-) You buy a lot of shitcoins and at the end of next year you get big losses.

which option will you choose?

None. Because if you trade a coin on a daily basis instead of just holding them for a long time, the chances that you will earn more is higher. Example is if you just set a goal of 1.5% profits per day, thats 45% in a month, but if you hold on a coin for a month, I dont think 45% is possible.

palle11

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Quote from: jazmuzika217 on December 14, 2019, 08:57:06 AM

Honestly it is hard to give an advice because I won't consider myself as professinal trader. But I will share to you my kind of activity. At first I was only performed short term trading from a small capital to avoid huge loss because that time I am only studying about the trading flow and once you already learn about short term trading it is the time that you can step up to the long term trading. Just always remeber that too much greed will drives you going to loss.

This is an idea that a newbie really need to adopt to do good in trading. Having this kind of knowledge is great.
Starting small is good, this will give you confidence and experience

AniviaBtc

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Quote from: Clark05 on December 13, 2019, 11:29:14 AM

I think even you are newbie trader you have a little knowledge about it and for sure I believe that someday you can choose and discover the strategy that are good for you because it depends sometimes your strategy in your patient. But mostly if the trader are newbie we are recommending for longterm holding because less risk and high return for me base on my experienced than shoterm.

Newbie trader are not that knowledgeable that's why they are called NEWBIE. That's the reason why they are here because they want to improve and develop themselves into a better trader.

We are the one who is responsible to guide them and share our strategies, the do's and dont's in trading.

I suggest for you to become patient always and hold for the mean time because we're all hoping that bitcoin will go back again and go beyond $10,000 in the future. Just hold and be disciplined about your money and the actions that you'll going to execute.

buwaytress

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I'd recommend pay enough attention to choosing a broker first. There are lots of reviews on the internet, so no need for jumping into things too quickly. This instaforex review is nice, I worked with some of them, so give it 5 minutes.

I'd approach these reviews with caution though. They're mostly there for SEO and for affiliate links. If you're an affiliate you already are biased. Why would you ask people to stay away when you need them to sign up and trade via your link right?

It's win-win-lose for the reviewer-broker-trader... you just earn on affiliate commissions, the broker earns their platform fees/commissions, and the trader becomes part of the "majority of traders lose money" statistic that continues to be true year after year.

Stick to buying and holding. Use the time to do your day job well. That's guaranteed increase of Bitcoin, without ever having to leave your bitcoin in someone else's wallet.

jazmuzika217

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Honestly it is hard to give an advice because I won't consider myself as professinal trader. But I will share to you my kind of activity. At first I was only performed short term trading from a small capital to avoid huge loss because that time I am only studying about the trading flow and once you already learn about short term trading it is the time that you can step up to the long term trading. Just always remeber that too much greed will drives you going to loss.

Assface16678

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Quote from: Murat on December 14, 2019, 07:49:01 AM

Reading your post, I have understood that you are very eager to join this trading platform so you have already made some plans regarding this issue. Since trading is one of the risky platforms so you have to play very slowly in order to make your sense very clear, not only that but also you need to cope with this platform in this way, I think Bitcoin is the good source for earning money by a short term trading, not only that but also ethereum is another currency which could be the main factor for short-term trading. whatever you do, you need to play the safe side.

In trading, you must know what is trading first to have an idea how it works, trading exchanges to different coins commonly you read this most of the time to the threads as buy and sell. Today there's a lot of trading techniques on the internet as a beginner you can use this to your starter knowledge. I prefer to ask people who already experience trading most of the time because they have reliable information can teach you that you may adapt to your everyday trading. You must know first what is the best coin suits you and gives a lot of profit today bitcoin is profitable even the price goes down because of any reason in the market, it is good to invest in bitcoin because the price is low and go for a long term trading. Still, it takes time to earn a profit than in the short term. If you want to try daily trading or short term trading, it is suitable for altcoins. Altcoins or alternatives like bitcoin but has a lower market value, but still, it is volatile and gives you profit too.

Murat

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Reading your post, I have understood that you are very eager to join this trading platform so you have already made some plans regarding this issue. Since trading is one of the risky platforms so you have to play very slowly in order to make your sense very clear, not only that but also you need to cope with this platform in this way, I think Bitcoin is the good source for earning money by a short term trading, not only that but also ethereum is another currency which could be the main factor for short-term trading. whatever you do, you need to play the safe side.

enhu

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I would actually prefer to see some swing traders to tell you that its a better practice than being a day trader. You just have to chose which indicators best for you like using both Stochastic RSI and RSI but like me I do make trading decision base on RSI alone, few trading signals on it while there are tons with Stocahastic RSI. There is no real strategy to make you millions, mine is just a suggestion because I'm doing it myself and win some and lose some trades.

You are right avoid Margin Trading, its for the ones with more money to spend who can afford the leverage.

Negotiation

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You have to be very efficient and tactical in trading There are many rules for trading when you can follow these rules There are many sides to the forum they can look good and there are many senior members who can take some help from them Enter into different places and find out which one you do the best research and balance Do not manage your business in the long run.

Baby Dragon

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Quote from: Golftech on December 13, 2019, 08:03:43 PM

Quote from: Maslate on December 13, 2019, 07:58:18 PM

Quote from: Clark05 on December 13, 2019, 11:29:14 AM

I think even you are newbie trader you have a little knowledge about it and for sure I believe that someday you can choose and discover the strategy that are good for you because it depends sometimes your strategy in your patient. But mostly if the trader are newbie we are recommending for longterm holding because less risk and high return for me base on my experienced than shoterm.

Yes. Do not risk yourself on short term trading because chances of losing is very high. Just settle on long term trading first and never keep learning on trading because the more you make profits and yield valuable ideas in trading, i know you will be more ready for short term trading the next time around.

You will encounter best practices along the way if you will stick first with long term holdings. Understanding all the risk and manage to work with
every information that you take to adjust with your strategy. Don't be afraid if you failed it's part of your learning process keep enhancing and be
keen with how you take your chances around this business.

Risk will always be there no matter what you do and taking risk is the only way to achieve your goals in trading and be successful, risking isn't bad as long as you have enough knowledge and patience because it will help you and guide you to make wise decision for yourself. It will only turn out great if you have mad the right action and decision, sometimes you will fail but we all have experienced it. You have to remind yourself that sometimes those downfalls isn't only bad they can also be beneficial to you because it will give you some lesson that you can bring and apply on through your life. It's better to risk than losing the opportunity to earn profit, just remind yourself that there is no assurance that your trading will always be successful but that experience will guide you into something better. It depends on your level of perception on choosing what kind of trading you want to do, if you think that it will be much easier for you then go for it.

Golftech

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Quote from: Maslate on December 13, 2019, 07:58:18 PM

Quote from: Clark05 on December 13, 2019, 11:29:14 AM

I think even you are newbie trader you have a little knowledge about it and for sure I believe that someday you can choose and discover the strategy that are good for you because it depends sometimes your strategy in your patient. But mostly if the trader are newbie we are recommending for longterm holding because less risk and high return for me base on my experienced than shoterm.

Yes. Do not risk yourself on short term trading because chances of losing is very high. Just settle on long term trading first and never keep learning on trading because the more you make profits and yield valuable ideas in trading, i know you will be more ready for short term trading the next time around.

You will encounter best practices along the way if you will stick first with long term holdings. Understanding all the risk and manage to work with
every information that you take to adjust with your strategy. Don't be afraid if you failed it's part of your learning process keep enhancing and be
keen with how you take your chances around this business.

Maslate

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Quote from: Clark05 on December 13, 2019, 11:29:14 AM

I think even you are newbie trader you have a little knowledge about it and for sure I believe that someday you can choose and discover the strategy that are good for you because it depends sometimes your strategy in your patient. But mostly if the trader are newbie we are recommending for longterm holding because less risk and high return for me base on my experienced than shoterm.

Yes. Do not risk yourself on short term trading because chances of losing is very high. Just settle on long term trading first and never keep learning on trading because the more you make profits and yield valuable ideas in trading, i know you will be more ready for short term trading the next time around.

Clark05

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I think even you are newbie trader you have a little knowledge about it and for sure I believe that someday you can choose and discover the strategy that are good for you because it depends sometimes your strategy in your patient. But mostly if the trader are newbie we are recommending for longterm holding because less risk and high return for me base on my experienced than shoterm.

Darooghe

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There are many technical factors which do not necessarily carry a whole lot of information about the future of market. Chart shows historical prices, but historical prices are not an indicator of a future price. My best advice would be to think of some unique and clever factors which may carry some information about some near future direction of the market, especially for stock market. also when testing your factor, test on multiple portfolios with equally weighted number of stocks per portfolio. remember that what performs well in bull market, may not perform well in bear market. so if you are putting together equally weighted portfolio strategy, consider doing a 50/50 long-short.

Asmonist

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Well, I always say that we can learn from our own experiences. Just go with the flow and lear the basics. Eventually, you will discover your own strategy. I think every trader have different strategy or somewhat similar but not necessarily the same. It really depends on your preferences and risk-taking capacity. No matter what you can read or learn from others, in the end the decision lies on you. Just do it your way with some guidance of other's experiences.

Topic: Newbie looking for some strategic advice - page 5. (Read 1704 times)