Newbies that has interest in trading! - page 5.

babysweetTiger0401

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Quote from: logicgate on April 21, 2019, 10:20:07 AM

Quote from: finzyoj on April 20, 2019, 10:12:30 AM

Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Remember to demo trade first before putting really money.

Wait, so are you saying that you can have a trial on such sites to practice trading? That's cool! I will definitely screenshot your thread for reference. And I hope it wasn't difficult as rocket physics Lol. I guess better for me if I start studying now so that I can invest already after saving some money.

It is good to study about trading as much as possible because we know in trading we will have to have good experience and so much knowledge, we know time to time nature of cryptocurrency changes, so learn how to deal with them, make sure you enter the market at red and hold until the price recovers, new trader should start with small amount for long term.

That's definitely a good start for the newbie on which is begin with learning, make your own research in trading, be observant while you are in the actual trading market, don't hesitate to ask here to those who are matured here in the forum, they might give some good tips of advise regarding about your concern. Just like what's happening now on this thread section they are feeding you different some idea about in crypto trading dude.

ufaiz50

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Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Since we are all here to learn things about cryptocurrencies and to share ideas with each other on a way to increase our knowledge and revenues on how cryptocurrencies market work and how to make money from it, I think it is very important we understand some basic things about how the cryptocurrencies market works and where and how to rendering services for money, selling products and trading coins in an exchange platforms as a newbies in this forum.
Of a truth I am among those that becomes rich through investing in cryptocurrencies in 2017 and I keep appreciate the ideas behind the whole things. Having been trading forex, commodities and stocks it was easy for me to diversified into cryptocurrencies trading and that is because I know how to interpret candlesticks formation and chart pattern and I learned all this without paying a dime from the followingsites : https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/
The only way to make money from internet and cryptocurrency in particular is to become skillfull in an area and if you want to be skillful in trading I will advices you to visit all this sites to learn the secret on how trading work as a newbies and form your own strategies. Remember to demo trade first before putting really money. I wish you join us at the top!

What you arrive at is indeed really to be seen by beginners who want to trade, because many are directly trying to spend real money, but they themselves do not understand the technicality of the trading. and one thing in my opinion is there are several different aspects regarding crypto and forex trading.

Oasisman

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Quote from: goaldigger on April 21, 2019, 07:46:45 AM

If you really have no idea about trading except it gives you income then you should study its structure first before buying resources. Read and gather everything first and get loads of knowledge. Once you understand how it works then you can now gather experience. Its okay if you will lose at first. The most important part is you will win in the future.

The possibility of failing at first try is inevitable. Experience will teach you the ropes. Techniques and strategies will follow once you have established yourself a good trade, even with low percentage of winning the trade.
I myself, isnt a good trader, still learning how to get better.
In fact, I get jealous with the OP as he stated he became rich by doing succesful trades, but of course he might be in the trading platform for several years already.

meliodas

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Quote from: armarsterling7 on April 21, 2019, 10:47:38 AM

I really do not like to trade according to price judgment. I'm not good at technical analysis and it confused me after a while of thinking.
I think I only fit in long-term investment strategy. These types of transactions will definitely have problems and I think it is not safe for people like me.

Strengthen your weakness and you will become good at it in the future. All of us have gone through that moment where you feel that you are not good at it but if you have eagerness to pursue that then there will be no problem for you. Eagerness is one of the basic foundation for a curious people like us.

Wysi

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Quote from: logicgate on April 21, 2019, 10:20:07 AM

Quote from: finzyoj on April 20, 2019, 10:12:30 AM

Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Remember to demo trade first before putting really money.

Wait, so are you saying that you can have a trial on such sites to practice trading? That's cool! I will definitely screenshot your thread for reference. And I hope it wasn't difficult as rocket physics Lol. I guess better for me if I start studying now so that I can invest already after saving some money.

It is good to study about trading as much as possible because we know in trading we will have to have good experience and so much knowledge, we know time to time nature of cryptocurrency changes, so learn how to deal with them, make sure you enter the market at red and hold until the price recovers, new trader should start with small amount for long term.

That's correct it's always advisable to start with very little amount and make more out of it as starting with huge amount will be a blunder. Best thing will be to start with a coin which has potential but it's still at the bottom due to market circumstances as these coins turns out to be more beneficial when the value pumps and trading is something where one needs to have control over his/her emotions.

armarsterling7

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I really do not like to trade according to price judgment. I'm not good at technical analysis and it confused me after a while of thinking.
I think I only fit in long-term investment strategy. These types of transactions will definitely have problems and I think it is not safe for people like me.

logicgate

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Quote from: finzyoj on April 20, 2019, 10:12:30 AM

Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Remember to demo trade first before putting really money.

Wait, so are you saying that you can have a trial on such sites to practice trading? That's cool! I will definitely screenshot your thread for reference. And I hope it wasn't difficult as rocket physics Lol. I guess better for me if I start studying now so that I can invest already after saving some money.

It is good to study about trading as much as possible because we know in trading we will have to have good experience and so much knowledge, we know time to time nature of cryptocurrency changes, so learn how to deal with them, make sure you enter the market at red and hold until the price recovers, new trader should start with small amount for long term.

danherbias07

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Good English + skills in computer and other applications could really be profitable but as I see it, the competition is getting higher too.

With trading there is no competition. Exchanges are the ones competing but not traders. It is best for us if we are seeing a lot of movements in trading platform.
We can play with the price for our own good. Better do both. At first it will be hard, but in time you wont even need much time to do both.

goaldigger

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Activity: 2422

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If you really have no idea about trading except it gives you income then you should study its structure first before buying resources. Read and gather everything first and get loads of knowledge. Once you understand how it works then you can now gather experience. Its okay if you will lose at first. The most important part is you will win in the future.

BitHodler

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Quote from: HellDiverUK on April 21, 2019, 06:42:20 AM

Take a deep breathe now...I will tell one of the keys to the patience and happiness of this world: bitcoin, ethereum, usd, money its all just number, more we chase it, than more we will never be satisfied, and all the numbers we pursue will not be taken away to next life. But love for wives, children, parents, friends and other people will always be remembered for life and will not be erased even though we have been lying rigid in the ground ...

I don't think anyone really cares about that when they are trading, especially with how this market never sleeps. It offers action 24/7 and every moment you look away could potentially mean that you missed an opportunity to buy or sell.

If people really cared, they wouldn't use their life savings or even the funds of their kids to invest in Bitcoin for their own selfish interests. People go extremely far just to make a change in their life, because crypto offers that opportunity.

It doesn't happen all that often where average joes have an opportunity to become extremely wealthy. Sure, most fail miserably and lose all their money, but apparently it's worth at least a shot.

guoyu78

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Newbies usually make mistakes that causes them to lose their money at all times. Some mistakes they make is buying cheap coins. I don't know who brought the idea that buying cheap coins is the best thing to do. Just because they promise heaven and earth doesn't make them a better options. Another mistake they make is that they never make use of stop order. It goes up doesn't mean that it is going for eternity, so try to use to stop loss.

If we're trying to hodl, that should be when we bought the coins at cheapest price. If your coins were bought at peak price, holding it wouldn't be a good idea. If you sold them already, you should invest it back now that the price is down and then begin to hold till there is bull. Bear market doesn't really favor everyone, just a few people benefits from it.

HellDiverUK

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Quote from: aervin11 on April 21, 2019, 03:09:01 AM

Quote from: HellDiverUK on April 20, 2019, 06:31:36 PM

Patience in trading is the key to success, we are required not to be too excited when there is an increase and do not panic when there is a drastic decline, sometimes we succeed if thinking upside down from most people.

Thanks.
Now Searching : how to have patience than most of people.

Take a deep breathe now...I will tell one of the keys to the patience and happiness of this world: bitcoin, ethereum, usd, money its all just number, more we chase it, than more we will never be satisfied, and all the numbers we pursue will not be taken away to next life. But love for wives, children, parents, friends and other people will always be remembered for life and will not be erased even though we have been lying rigid in the ground ...

Bustart

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Activity: 658

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Quote from: BlackPanda on April 21, 2019, 12:26:20 AM

Quote from: freedomgo on April 20, 2019, 10:30:07 PM

Quote from: Eildosa on April 20, 2019, 05:43:34 PM

This very well that people on this forum exchange knowledge and experience. Thank you for your contribution. I am also at the stage of learning to trade and therefore I was also interested to visit these sites.

You will really learn if you will also be more resourceful, the good thing in this era now is that things can be access for free and we can educate ourselves being a trader. I never have a formal training on online trading, but I believe I can prove I can also be profitable.
Learn and keep practicing, eventually you'll master it.

Studying various strategies and knowledge about trading is indeed very important. But in my opinion there is something far more important, that is willingness, because when we have a high willingness, it can cause a good sense of enthusiasm and for a trader when they experience failure they must continue to try. Skills and knowledge of a Trader will be trained by the experience they have faced and how much they have ever made a decision.

Start with the smallest position amount possible when you first begin trading, in this way it helps reduce some anxiety of losing large amounts of money. We can’t cheat success when it comes to trading. Practice first- for beginners, this is essential, test your strategy over the course of several weeks or months before you risk your own money. Have a plan, it’s important to stick to plan, understand the risk/reward ratio and have exit strategy in place. Continue to learn and explore for more creative trading ideas.

senyorito123

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Quote from: Dart18 on April 21, 2019, 01:12:54 AM

Thank you for that.
A lot of failure which I met in trading. I didn't know it will be that hard although seeing in Youtube makes it look so easy.
There must be deep understanding in the movement of each token. Mostly are dumps when I traded and all are losses for me.

These might help secure my way into making even just small profits. As long as it is profit then I will take it.
The least I could do is get back those losses that I made.

Like starting any career, there is a lot to learn as a newbie in the field of trading. When you started in the industry, don't try to learn everything about trading at once. You don't have to know it all, you only need one strategy, stick to it and implement over again and again. Open a demo account and start practicing your picked strategy. No two days are the same in the markets, it takes practice to be able to learn the trade setups and be able to execute the trades with confidence and commitment. Be open to challenges and learn from failure and success experiences.

aervin11

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Quote from: HellDiverUK on April 20, 2019, 06:31:36 PM

Patience in trading is the key to success, we are required not to be too excited when there is an increase and do not panic when there is a drastic decline, sometimes we succeed if thinking upside down from most people.

Thanks.
Now Searching : how to have patience than most of people.

Quote from: ?? on ??

Quote from: aervin11 on April 17, 2019, 10:36:30 PM

I also follow those websites you mention, though I am still learning to trade, first I think I need to fix my emotions, I trade so emotional I can't help it. Maybe you have some tips for me in order to apply what I have learned on TA.

First, work on your trade plan. Know how it works for you profitably. If it is working for you, then stick with it and whatever signal it gives you, go with it because it will eventually be accomplished with time, almost in 90% accuracy.

Then trade small. That is, take a smaller risk .

I would make a trading plan then. Your words are too good to be true and I appreciate it. Just a question, what if I would lose consecutively using those trading plans that I would apply, how to cope up with those because that is what I am experiencing now.

kissme09

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Most of the newbie is currently participating in Cryptocurrency because of the Airdrop rewards and bounty. Very few newbies are interested in trading because they are mostly poor or no fixed investment. But there are still some people who want to invest in Crypto because they know this market can bring big profits for them.

Dart18

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Activity: 1400

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Thank you for that.
A lot of failure which I met in trading. I didnt know it will be that hard although seeing in Youtube makes it look so easy.
There must be deep understanding in the movement of each token. Mostly are dumps when I traded and all are losses for me.

These might help secure my way into making even just small profits. As long as it is profit then I will take it.
The least I could do is get back those losses that I made.

playboy654

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Activity: 546

Merit: 32

The new people are the next set of people to get the Crypto market to be stable and we need to guide them properly for good trading because trading is not a simple job and we need a lots of Strategies and time to make it possible for getting the income.

BlackPanda

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Quote from: freedomgo on April 20, 2019, 10:30:07 PM

Quote from: Eildosa on April 20, 2019, 05:43:34 PM

This very well that people on this forum exchange knowledge and experience. Thank you for your contribution. I am also at the stage of learning to trade and therefore I was also interested to visit these sites.

You will really learn if you will also be more resourceful, the good thing in this era now is that things can be access for free and we can educate ourselves being a trader. I never have a formal training on online trading, but I believe I can prove I can also be profitable.
Learn and keep practicing, eventually you'll master it.

Studying various strategies and knowledge about trading is indeed very important. But in my opinion there is something far more important, that is willingness, because when we have a high willingness, it can cause a good sense of enthusiasm and for a trader when they experience failure they must continue to try. Skills and knowledge of a Trader will be trained by the experience they have faced and how much they have ever made a decision.

EdenHazard

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Quote from: LogitechMouse on April 20, 2019, 05:02:21 PM

Quote from: ?? on ??

How then can you work and be better with your emotions Huh

Controlling your emotions is important in trading. Don't let your emotions trade for you because the results will be in a loss. I think discipline and experience will help you control your emotions. If you are a newbie in trading then its normal that you let your emotions control you but time after time, you will just feel that you are emotionless already in trading. Learn also in different websites

There is atleast three ways to get profit or avoid a loss in thrading.

1. Mind
2. Method
3. Money

Yeah some experts put the mind thing in the first point. Because how many method that has been mastered by some trader and how much money that spend for trading but they don't have a good psychology and tend have a high greedy then we will never see they will get profit. Most likely they will find a huge loss and often to make deposit until their money is gone.

Topic: Newbies that has interest in trading! - page 5. (Read 980 times)