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Topic: Newbies that has interest in trading! - page 7. (Read 980 times)

full member
Activity: 504
Merit: 127
Match365> be a part of 150BTC inviting bonus
April 19, 2019, 04:39:35 PM
#45
Forex is Foreign Exchange you can buy stocks in here that is worldwide. Example, you can buy apple stocks, Microsoft stocks and many more.
Stocks are not related to Forex.
I think what he meant by relating stock to Forex is that most Forex exchange companies equally trade stock on their platform and I think that was the reason why he was trying to link it with Forex forgetting that there are people here that good in reading between line of every comments.
Wow, you actually got my point. This is what I really meant on my sentence. I'm sorry if my words created a misunderstanding between people in here. I only know that on forex exchange you can trade stocks on that platform. I have a friend in which he is a forex trader, he's just telling me his experience on trading on that platform since I'm a cryptocurrency trader, we shared ideas.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
April 19, 2019, 03:04:43 PM
#44
This is a great strategy, learning from the forums, learning about the different projects that are carried out, following some of your Airdrops, doing tasks to earn rewards, following ICOs and some STOs, everything is valid because apart from participating in these Blockchain processes and of technology what is very acceptable that the forums teach through experts with a lot of experience in the Crypto world and that some have Stock Market experience.

Trading is something much more delicate, it is easy to lose as it is to win, I think that for a beginner to start, he should read books and not get involved with indicators or technical analysis, what he should do is read speculators with enough experience, that tell their experiences in the market and that this has a clear argument of what cryptocurrency and bitcoin are.
sr. member
Activity: 1456
Merit: 267
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April 19, 2019, 01:48:54 PM
#43
Thanks OP for the sites you just shared, I believe it’s not only for newbies, also for those who are already in the trade and would need to also freshen their memory, or those that has been out of trade for a while and would need to return back to trading.

All newbies in trading should really take their time to get enough training and become skillful before entering into trade, they can only come up with a strategy if they are well educated and informed about what the trading is all about, coupled with enough practices that they need to do too. If they don’t get enough trading and rush into trading without strategy, they will have no other way but to lose their trades.
They will surely loses their money if they will go and invest right away without any practices or with an empty knowledge placing their bids, inside this business, person who's willing to succeed needs to undergo in each levels of knowledge, it's not a gambling type of activities where you are just leaning with luck and be happy after you win, it's a continue process, a cycle which is very beneficials for people who's looking for big rewards.

The thread will open up your minds picturing everything inside trading activities, with a wide ideas on how to begin correctly and accurately according
to your knowledge that you get from this articles / tutorials.
sr. member
Activity: 1400
Merit: 283
April 19, 2019, 01:48:32 PM
#42
Thanks OP for the sites you just shared, I believe it’s not only for newbies, also for those who are already in the trade and would need to also freshen their memory, or those that has been out of trade for a while and would need to return back to trading.

All newbies in trading should really take their time to get enough training and become skillful before entering into trade, they can only come up with a strategy if they are well educated and informed about what the trading is all about, coupled with enough practices that they need to do too. If they don’t get enough trading and rush into trading without strategy, they will have no other way but to lose their trades.
I agree, a lot of newbies just get greedy and get blinded by the amount that other people get from trading thinking that it is easy and they jump in without any experience or understanding for the market, so it is good to give them a and through showing them the ropes and giving them ways and tutorials to learn before putting their money to risk, and also in the trading market it is a constant learning because you are never experienced enough with the market because it is always changing and there are a lot of variables tied to it, so thanks for the links op, these are pretty usefully.
hero member
Activity: 1148
Merit: 528
April 19, 2019, 01:29:39 PM
#41
Thanks OP for the sites you just shared, I believe it’s not only for newbies, also for those who are already in the trade and would need to also freshen their memory, or those that has been out of trade for a while and would need to return back to trading.

All newbies in trading should really take their time to get enough training and become skillful before entering into trade, they can only come up with a strategy if they are well educated and informed about what the trading is all about, coupled with enough practices that they need to do too. If they don’t get enough trading and rush into trading without strategy, they will have no other way but to lose their trades.
hero member
Activity: 3038
Merit: 617
April 19, 2019, 01:22:54 PM
#40
Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.

Luck has a lot to do with it, that is true. But the overwhelming majority of a good traders success comes from hard work. Analysis of the market, the fundementals, being familiar with current events, news etc. Its a lot of work but can be extremely profitable

Crypto is very different from the FOREX and STOCKs, I have been trying to trade in crypto  for quite awhile but I'm not really having much success unless  the market is going in one trend just like what its currently doing. The market is climbing up daily and its easy to trade today than to trade few months ago when the trend is going down and sideways.
legendary
Activity: 1624
Merit: 1007
April 19, 2019, 12:56:42 PM
#39
Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.

Luck has a lot to do with it, that is true. But the overwhelming majority of a good traders success comes from hard work. Analysis of the market, the fundementals, being familiar with current events, news etc. Its a lot of work but can be extremely profitable
legendary
Activity: 1484
Merit: 1004
April 19, 2019, 12:45:45 PM
#38
Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.
Yes, it can be said that where analysis and luck are very different in trade when someone does an analysis and one day he benefits that someone can only see that luck is not a matter of knowledge or anything, at least the analysis is very useful for trading because people do not consider it lower than anything, I will only bring up an analysis not luck because seeing luck is just someone's perception.
sr. member
Activity: 812
Merit: 250
April 19, 2019, 12:05:20 PM
#37
Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
April 19, 2019, 11:26:13 AM
#36
First of all ty for sharing with us your amazing experience of trading.
I know that it will surely help a lot of new traders so that they dont end up in losses.
Secondly i would advice all the new traders that dont even try the same strategies more often, as it will not work and you may end up in loss.
Nevertheless i dont wanna discourage any trader. So good luck all the traders there.

Perfectly said all the people cannot win with the one person's strategy buddy.

That too newbies are got faith on cryptos and coming to learn and make some money too. If they want to try trading as this initial learning process then it may fail as well, please choose the IEO token and invest on good coins which you believe can grow well.
Once the tokens listed sell that token in some hours and try to make money with it. That is how you to start as a investors and trader together, if you want to start as the trader.
member
Activity: 476
Merit: 12
April 19, 2019, 11:17:45 AM
#35
Thank you for sharing your experience and knowledge about trading, this will really be helpful to traders and aspiring traders. It's really great that some people are really willing to share what they know and how they learned.

Now just to add, I came across this earlier. They are giving free crypto educational platform, basics of crypto and trading, so I hope this adds up. KUDOS!

This is the thread:

https://bitcointalksearch.org/topic/m.50649194

And this is their website:
https://cryptoaims.net

Thanks dude will check this thread later, by the way OP look has a nice journey in forex trading thank you for sharing your experienced here in bitcointalk as a newbie in trafing like you I suggest to start reading some basic tutorials in trading like how yo use indicators which exchange site have a good reputaion to trade cryptoccureny, then the next step is to learn how to make technical analysis in altcoin.
full member
Activity: 868
Merit: 104
April 19, 2019, 11:07:06 AM
#34
I am trading forex for last 5-6 years but I am not successful yet although I have studied lot material related to technical analysis. Trading is not that easy, one can make profit for continuous 10 days but its very difficult to retain this consistency for a long time. With knowledge of all technical terms one needs to learn, patience,discipline, controlling emotions, controlling greed and fear, if a trader is lacking any of these factors than its very difficult to for him have high winning percentage. A good trader should know when to take trade and when to exit and it comes with experience only. Try analyzing market everyday before putting real money.
sr. member
Activity: 1204
Merit: 272
1xbit.com
April 19, 2019, 09:46:55 AM
#33
First of all ty for sharing with us your amazing experience of trading.
I know that it will surely help a lot of new traders so that they dont end up in losses.
Secondly i would advice all the new traders that dont even try the same strategies more often, as it will not work and you may end up in loss.
Nevertheless i dont wanna discourage any trader. So good luck all the traders there.
legendary
Activity: 2506
Merit: 1394
April 19, 2019, 09:31:23 AM
#32
I started up with babypips (https://www.babypips.com/learn/forex) and finishing up the course.It do involves all trading lessons and mostly
heavily focused on technical aspects but these subjects would really be sufficient to learn up trading.
Babypips is very useful for every trader, even is more focus on forex but still, you can apply it in crypto. What I really admired on Babypips is their very detailed tutorial, easy to follow and it is really newbie friendly. Technical analysis is really important in trading, you really need to learn it.
You can also learn how to trade on this forum, on this section Trading Discussion.
hero member
Activity: 2968
Merit: 687
April 19, 2019, 03:19:25 AM
#31
Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too  Grin
Doing the same thing as I also starting back to learn more about trading, practicing your skills is really a good way before going inside the exchange, it's an advantage if you have good fundamentals and you are going to perform what you've already learned from those reference that's been shared, thanks OP.
It is true that if we want to do our trade, we must have the skills and must have deep trade knowledge so that we can trade well and can continue to generate profits.

By learning about trading, we can get the skills, and by practicing, we can get more experience. And if we can combining those two things, I am sure that we could be able to make a profit. But remember, that learning trading will need time before you can improve your skills. Don't afraid if you are losing because when you can be a pro trader, you will make your profit again, so you lose will cover.
True, just dont hurry up yourself to be a pro because trading profitably would still takes time and rushing yourself would just lead to mistakes which eventually caused
by being too greedy or having very a short temper.This is a trial and error and those things will be your stepping stone to success or would last into this trading market.
Making money do really spark interest but the way wont really be that easy.
hero member
Activity: 2604
Merit: 816
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April 19, 2019, 03:14:28 AM
#30
Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too  Grin
Doing the same thing as I also starting back to learn more about trading, practicing your skills is really a good way before going inside the exchange, it's an advantage if you have good fundamentals and you are going to perform what you've already learned from those reference that's been shared, thanks OP.
It is true that if we want to do our trade, we must have the skills and must have deep trade knowledge so that we can trade well and can continue to generate profits.

By learning about trading, we can get the skills, and by practicing, we can get more experience. And if we can combining those two things, I am sure that we could be able to make a profit. But remember, that learning trading will need time before you can improve your skills. Don't afraid if you are losing because when you can be a pro trader, you will make your profit again, so you lose will cover.
sr. member
Activity: 882
Merit: 282
April 19, 2019, 01:32:09 AM
#29
I already have some knowledge about Cryptocurrency trading but I really thank you for sharing sites that could help a lot of people who really want to be knowledgeable in crypto trading including me because i know there are lots of improvements I need in making my own technical analysis to be more efficient in this kind of way of making profit.
I appreciate your encouragement and thanks!  To really make money from cryptocurrencies market you must be ready to learn and keep develop your skills until you were able to have strategy that works for you.  I will said you should download matertrade software and learn how all the technical indicators work and demo trade for long time in other to be able to build a good strategy and how candlesticks formation and patterns work.  If you can develop yourself to a level when you can have 75% wining trade then you have Gold in your hand. 
For those that did not know how the cryptocurrencies market works,  you can visit exchange platforms such as binance,  poloniex and bittrex to study how to buy and sell coins. Remain bless.
hero member
Activity: 2744
Merit: 541
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April 19, 2019, 12:01:16 AM
#28
I already have some knowledge about Cryptocurrency trading but I really thank you for sharing sites that could help a lot of people who really want to be knowledgeable in crypto trading including me because i know there are lots of improvements I need in making my own technical analysis to be more efficient in this kind of way of making profit.
full member
Activity: 1258
Merit: 104
April 18, 2019, 09:42:20 PM
#27
Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too  Grin
Doing the same thing as I also starting back to learn more about trading, practicing your skills is really a good way before going inside the exchange, it's an advantage if you have good fundamentals and you are going to perform what you've already learned from those reference that's been shared, thanks OP.
It is true that if we want to do our trade, we must have the skills and must have deep trade knowledge so that we can trade well and can continue to generate profits.
member
Activity: 1204
Merit: 38
April 18, 2019, 09:30:58 PM
#26
The interest is very good for everyone to trade and experienced people need to get them properly then only we can handle the current situation to be a better situation and the increase of traders will always been increase the value of cryptocurrency also.
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