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Topic: Practice trading - page 18. (Read 9546 times)

full member
Activity: 405
Merit: 100
September 28, 2017, 02:39:41 AM
all beginner in trading should be studied carefully before you invest. Things to do before trading, research in the internet in youtube try to search "trading tutorial for beginners" analyse and learn.  and study each coin and this movement that you have to buy because there is a long term coin that you need to wait, maybe mount or a year.  and always remember the rule of trading buy low and sell high and needed You should not to be impatient. and must be greater investment to bigger profits.
 
legendary
Activity: 2436
Merit: 1189
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September 27, 2017, 08:01:11 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
what you want to know about trading? you did not clarify your question that what is your problem and what do you want to know about trading. you should more clarify your question to get more appropriate answer from people,but i want to say you first learn about trading,watch some youtube video,dont trade with emotion , must try to control your emotion, before buying a coin research on the coin that why you want to buy the coin? what is the future of the coin ,after learning try with simple amount trading for practicing .
full member
Activity: 160
Merit: 100
September 27, 2017, 03:42:21 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

First you need to read topics here in the forum that discussess about trading. You can reasearch as well in the internet on how to do trading. So if you had read and understand the cycle of trading better yet start do the trading. It is best if you could start on a little amount and try to trade best on your knowledge and practice it because experience would teach you what to do at first and you will learn how to deal with trading and its risk. You really have to try personally for you to be able experience the actual trading i can say its a trial and error but it would be worth it in the end.
Let's trade, you do not need to have much knowledge, it not useful if you can not apply it into reality and make money from it. Improve your trading skills with small funds, then try increase your funds and trade again till you think is enough.
With a newbie, you need to learn and cultivate experience, accompanying market research today. I am sure that in the initial period you will be losing some money, but then you will have more experience.
I have tips and suggestions for you: You should read much news on the Bitcointalk about Altcoin before the trade transactions, it help you a lot.
The news in Bitcointalk was synthesized very much by the members and it is provided each day.


hero member
Activity: 743
Merit: 500
September 27, 2017, 01:31:47 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

In trading you open a site like coinmarketcap.com for your coin referrence. Then select the coins you want to trade, i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.
When you are a newbie and wanted to enter in trading it is always need to do some research and eagerness to learn so you can earn money. It is not easy at first but later on you can learn and follow some tehniques and adopts the rule in trading. Yes start investing in a small capital then if you already learn somehow you can analyze the market.
deep research to study this portion this is not as easy as they know this is such a difficult thing not to be learned in a short period of time and not understandable if you dont took for it an experience so while learning take an action for you to easy to understand.
sr. member
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
September 27, 2017, 01:23:17 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

First you need to read topics here in the forum that discussess about trading. You can reasearch as well in the internet on how to do trading. So if you had read and understand the cycle of trading better yet start do the trading. It is best if you could start on a little amount and try to trade best on your knowledge and practice it because experience would teach you what to do at first and you will learn how to deal with trading and its risk. You really have to try personally for you to be able experience the actual trading i can say its a trial and error but it would be worth it in the end.
Let's trade, you do not need to have much knowledge, it not useful if you can not apply it into reality and make money from it. Improve your trading skills with small funds, then try increase your funds and trade again till you think is enough.
hero member
Activity: 3164
Merit: 675
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September 27, 2017, 09:37:48 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.

For this, I like to suggest you to open an account with yobit.net as they are providing some free coins every day, collect them and watch market till then.

In between time you can open trail accounts with the any Forex brokers so that you can get practice into various technical analysis indicators and strategies.

Good idea, for a beginner is not easy if you want to jump directly into the world of trading without any slightest experience. If in yobit.net does provide free coins every day, this will be an opportunity for the newbie to start trading without having to spend capital
I believe every beginner should have common sense to know that you cannot jump into anything without having to learn first. However, anyone waiting for free cash to start trading is obviously not ready at all.

Trading with small cash is like not trading at all cause how do not see how your strategies want to play out in that instance and it will end up being a waste of time and resources than clicking on faucets. So the best is just to learn, look for some substantial cash and start trading when ready.
full member
Activity: 325
Merit: 136
September 25, 2017, 11:33:49 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

First you need to read topics here in the forum that discussess about trading. You can reasearch as well in the internet on how to do trading. So if you had read and understand the cycle of trading better yet start do the trading. It is best if you could start on a little amount and try to trade best on your knowledge and practice it because experience would teach you what to do at first and you will learn how to deal with trading and its risk. You really have to try personally for you to be able experience the actual trading i can say its a trial and error but it would be worth it in the end.
sr. member
Activity: 672
Merit: 253
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September 25, 2017, 10:48:12 PM
To be a good trader I think I should have the ability to read market share movements and this needs some patience in seeing the movement as the price is moving towards its level, all you have to do is keep an eye on the price movement. of course such a thing if continue to do of course we will have a good effect for traders themselves. other than that experience in trading it is so important that we will not make a mistake that repeatedly. make mistakes we've done in trading as a lesson that does not need to happen again because I'm sure if you make a mistake it will certainly make us think not to do the same thing in the second time. look for some sources from the internet about a great way to trade so that our knowledge of trade will continue to grow. by doing some of these things I am very confident later you will be able to become a reliable trader in the future.
sr. member
Activity: 882
Merit: 251
September 25, 2017, 09:21:22 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

In trading you open a site like coinmarketcap.com for your coin referrence. Then select the coins you want to trade, i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.
When you are a newbie and wanted to enter in trading it is always need to do some research and eagerness to learn so you can earn money. It is not easy at first but later on you can learn and follow some tehniques and adopts the rule in trading. Yes start investing in a small capital then if you already learn somehow you can analyze the market.
MiF
sr. member
Activity: 1442
Merit: 258
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September 25, 2017, 09:06:33 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

In trading you open a site like coinmarketcap.com for your coin referrence. Then select the coins you want to trade, i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.
full member
Activity: 644
Merit: 101
September 25, 2017, 08:23:23 PM
First create an exchange account such as bittrex or liqui, then learn price action by understanding technical analysis. For beginners trading better use daily charts, specify prices in the over sold or low price and the area where the price is overbought. Buy at oversold prices and wait a few days, the most important in trading is dont be greedy. And for beginner traders better choose coin that already has a large volume and market cap or rank 10 coinmarketcap so that when prices fall from the purchase price there will be the possibility of the price rises again.
sr. member
Activity: 504
Merit: 250
September 25, 2017, 10:28:07 AM
Your problems are very simple, if you just find time to read about trading or do research on them like google them then by now you'd have enough knowledge about it. But if you don't have time to read about trading and all then I would suggest for you to just stick to what you do best. Trading is very risky but its easy to understand if your mind is set to learn, the rest will just follow through.
hero member
Activity: 2310
Merit: 532
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September 25, 2017, 09:24:37 AM
As the thread title describes, practice is a must with bitcoin trading. Do with what you can afford, this will little by little help gain experience and know varied techniques in trading. Also slowly can increase the capital investment, which will help gain more profit. At present there are exchanges that are providing demo's to know about trading. We need to explore and find different sources to learn, but the best is self experimenting with small amounts.
hero member
Activity: 1008
Merit: 537
September 25, 2017, 08:44:38 AM
always monitor the movement of the trading market because the market can affect the value of a price. in addition we must be able to control the emotions by being patient to do the trading strategy itself.

Yes .In trading of bitcoin, you should not panic selling. Even you not get emotion, if the price of bitcoin getting low.Since it's digital currency, the price will be flucates. But you should follow the trading principal, to get rich.If the price reaches the low Value means, you need to brought.
full member
Activity: 364
Merit: 100
September 25, 2017, 06:21:57 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Same with you i dont have yet any experiences about trading. So im in the process of learning about trading and trading strategies. So i am thankful that there is someone who taught me about it who are expert in this field.
sr. member
Activity: 588
Merit: 256
September 25, 2017, 04:41:27 AM
always monitor the movement of the trading market because the market can affect the value of a price. in addition we must be able to control the emotions by being patient to do the trading strategy itself.
copper member
Activity: 448
Merit: 110
September 25, 2017, 04:30:53 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

just read and study about trading many on google about trading. If you're lazy to research, do not try to trade it's just the money you try to gamble, luck. you read babypips.com I am not sure if the website is correct but the theme is trading.
full member
Activity: 211
Merit: 100
September 25, 2017, 02:28:48 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Hello! I've only been to bitcoin for 5 months. I do not really have the experience as you go before. But in return, I work hard to find out about bitcoin. When I am involved in any matter I do not know very well look up and sure the information is true or not. And then decide.
full member
Activity: 308
Merit: 128
September 24, 2017, 11:48:45 PM
hello, if you want to enter in trading world, here are some tips before you start.

1. choose a best trading site. i suggest bittrex.com, im also using that one.
2. take a lot of research on how to trade.
3. learn how does coins change in the market
4. invest small amount first so you could see how does trading works
5. ask for those people who has a lot of experience in trading.
6. and last but not the list try to exert some effort and hard works so you could be successful in trading.


hope this could help for you. Smiley Wink Smiley
member
Activity: 217
Merit: 10
September 24, 2017, 10:05:19 PM
There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.

The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
Practice the knowledge you learned slowly, you do not need hurry, nobody can rob your profit and the opportunities of Bitcoin never till its value pump to the moon. In this year, you still have much times to learning and improve your trading skills.
I agree, because once you hurry do you think you can learn in that way, no it makes only your learnings poor and make you lose and go back to basic it will only make a long time.
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