Topic: Newbie trader be like - page 3. (Read 590 times)
Sure, I traded as well, but discovered that this work is too stressful and takes too much time. You always need to be up to date and follow all the trends to make money and the possibility of success is very low, there is always a better trader out there.
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Making plan is good in crypto trading but that doesn't make a trader successful in trade because what's needed the most is having the right knowledge to flourish when you trade and example is this current market which the market momentum yet to choose side and long form of trading are the best trading strategy for traders which can't control their patience. Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
I think that the most important thing for a trader is the skill of trading, not the plan. However, the plan is also very important. When I was in trade, I lost a lot when I did not have a plan.
without a plan anything can be detrimental , trader needs a lot of lessons including planning and patience not only that mate a trader must also have a deep understanding of the situation or conditions that are in the price pattern ,experience is more important than so you will not fall as you have occur
Agreed. People see trading as something what can be done by everyone. What is difficult on trading right? And after that you see statistic that around 90% of traders are in a loss, while only 10% of them are in a profit. It it because these 10% people are educated? Of course!
Personally, I think that a trader needs to have extensive experience trading on the exchange. Since I know that all beginners who want to become traders are defeated on the exchange. So to get high income you need to have a lot of experience as a trader. It is also very important to correctly analyze the market as it is very important for trading on the market.
i'm not a good trader myself but i made some profit by just buying and selling and all you need is a chart and the knowledge that when prices goes up, it always comes down. when the price depreciate, that's when your plan should be executed. when you see you profit by $20+, you sell. it doesn't matter if it shoots up more than you expect since you can always by again when the price dips again. you can do it over and over but next time you learn to see when the price will down or up. learn the indicators.
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
knowledge is the most important for newbies in my opinion,, because you cannot make a plan or strategy if you don't have such thing. Actually yes there's a basic rules when it comes trading and etc which is " buy low and sell high " but it doesn't mean thats how it realy work mate ,because indeed that's not enough and you need to educate yourself more ,which something but related into it , because you know being lacks is the common reason why newbies end up to regrets always , So be practical and always make sure that you are knowledgeable before puting money on the line and in order to prevent losses and etc in the future. Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Trading can be very dangerous if you don't have good trading strategies, i lost half of my money by trying to figure out how to trade and i stopped to cut short my loss, i think trading is not for someone like me Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
i'm not a good trader myself but i made some profit by just buying and selling and all you need is a chart and the knowledge that when prices goes up, it always comes down. when the price depreciate, that's when your plan should be executed. when you see you profit by $20+, you sell. it doesn't matter if it shoots up more than you expect since you can always by again when the price dips again. you can do it over and over but next time you learn to see when the price will down or up. learn the indicators.
Don't be impatient when trading. I have had sessions where a coin I am trading starts going in the wrong direction and I had to panic sell only for the coin to do x4 later on in less than 6 days.
The main key in trading is to get rid of greed or laziness. patience is also most important in trading for beginners, the point is emotional or our psychologist must be really normal. after that the analysis is precise, accurate, and real. multiply friends so you can discuss every day what coins you trade. so far, that's what i did.
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
First try to understand why you lost? Find out your fault. You only mention that need proper plan. Yes in trading need plan but you should find out the reason behind the loss.if you make a plan I will sell btc after 30 days.doesn’t matter what price. Find out our fault. Control your emotion.Research more and more.it will be helpful for you in future. Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Rightly said, you need a lot of planning and also a lot of patience when it comes to day trading. Just stick to your signals like MACD and observe trading volume as well as 24H highs and lows. You should be fine swing trading easily for few % profits each day
This is a mistake that we must correct because we will not become successful traders if we keep our minds closed about the mistakes we make. And you're right that planning a course of action can really help us especially when we're in an unpredictable market situation. I am sure you can apply all your experiences and of course you plan in this situation. And because of this we will succeed in overcoming trading trials.
It is common that in trading activities at the beginning we get carried away by emotions and thus bad decisions are made, it is said that the experience is not bought, it is necessary to acquire it and sometimes you have to lose money to learn.
Investments always carry some level of risk, but today I invite you to be part of an excellent project with zero risk, because you can take advantage of the Bounty / Airdrop and receive FREE cryptocurrencies.
It is the cryptocurrency Blondcoin (BLO), a 100% serious project, oriented to practical use and the generation of business opportunities, already has more than 14 Exchanges, more than 10 Wallets, Ambassador Program, Circle of Trust, issuance limited to only 45 million BLO, receive Blondcoin totally free, visit:
https://www.blondcoin.com/free-blondcoins.html
Investments always carry some level of risk, but today I invite you to be part of an excellent project with zero risk, because you can take advantage of the Bounty / Airdrop and receive FREE cryptocurrencies.
It is the cryptocurrency Blondcoin (BLO), a 100% serious project, oriented to practical use and the generation of business opportunities, already has more than 14 Exchanges, more than 10 Wallets, Ambassador Program, Circle of Trust, issuance limited to only 45 million BLO, receive Blondcoin totally free, visit:
https://www.blondcoin.com/free-blondcoins.html
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Remember this, enrty and exit point, stop loss, and target profit.Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
You'll need to learn how to make a decision, whether to buy or sell, hold or cut loss. Everything matters when it comes to trading. I was once like you too, just a newbie. Not that I'm an expert now, at least I know what to do and to avoid so I won't make the same mistake again. Don't be afraid with your own mistake, learn from it. With all those and your research you'll be good.
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Remember this, enrty and exit point, stop loss, and target profit.Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
You'll need to learn how to make a decision, whether to buy or sell, hold or cut loss. Everything matters when it comes to trading. I was once like you too, just a newbie. Not that I'm an expert now, at least I know what to do and to avoid so I won't make the same mistake again. Don't be afraid with your own mistake, learn from it. With all those and your research you'll be good.
I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
If you are beginner with trading in bitcoin and altcoin better to buy with altcoin have top ten position on exchange market like ethereum and litecoin, never buy with shit coin because you can lost moment when you not active for checking your assets coin, shit coin can be dump with very lower price and you have waiting long get back. Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
I think you need to make a correction first before resuming doing daily trading. because if you make mistakes repeatedly you have to investigate those mistakes, don't just have courage. it would be better if you have the appropriate knowledge and courage
Along with the planning, patience and knowledge about market are basic things needed in trading.
Every newbie should know that crypto isn't a get rich scheme, it needs proper knowledge market awareness just like other real life trading.
Develop patience in the beginning isn't that easy but with proper market awareness/knowledge beginners would be able to control their emotions.
Every newbie should know that crypto isn't a get rich scheme, it needs proper knowledge market awareness just like other real life trading.
Develop patience in the beginning isn't that easy but with proper market awareness/knowledge beginners would be able to control their emotions.
Jump to: