Setting yourself to learn is really the best way to learn especially what's the best strategy you could get by self-learning. Moreover, I believe we wouldn't have the monopoly at all on learning especially on trading and asking for some help onto experts or taking some advice isn't that bad too.
I try futures trading but somehow it gives no luck yet as I'm also doing some self-learning, been into tens of liquidation (I guess) but it's for experimental purposes only. I know it's risky and I believe that experience as well is the one that teaches us most.
Topic: Rather learn to trade by yourself - page 9. (Read 1292 times)
Of course, trading your own money is better than trusting money to someone. Even if this person who knows to trade is your personal friend, family or whatsoever.
Some people understand it and accept what it takes. And some of them stop trading. People who always fail will learn and will be successful one day. If you fail in trading, it's okay. Even pro traders fail, too. So don't be afraid to trade until you mastered the process or strategy in trading.
Some people understand it and accept what it takes. And some of them stop trading. People who always fail will learn and will be successful one day. If you fail in trading, it's okay. Even pro traders fail, too. So don't be afraid to trade until you mastered the process or strategy in trading.
People should know what exactly is the market of cryptocurrency and the nature of its movements. Users have a thinking, cryptocurrency trading is the possible way to earn big. But lack about the true understanding about the market volatility.
Getting suggestions and the basic learning from a known person is always good, but later one need to experiment and do thyself. The suggestion from other persons might sometimes go wrong, but the loss is ours. This will create some bad feelings.
Getting suggestions and the basic learning from a known person is always good, but later one need to experiment and do thyself. The suggestion from other persons might sometimes go wrong, but the loss is ours. This will create some bad feelings.
High volatile market doesn't mean high risk market. You can lose all your money in one day on Forex with is not volatile at all but traders go with up to x500 leverage. You can also trade for years here on crypto. The key is money management. To know when to stop. To know how to calculate risk and compensate it with lower position size.
True. The "riskiness" of a certain asset completely depends on the person trading it. I can find forex riskier than crypto, while you may find crypto riskier than forex, and vice versa.
With that said, I completely get why OP has that opinion though. Big price movements tend to mostly mean potentially higher losses for the typical trading newbie. Hence why I really don't recommend depositing money immediately for the beginners, as fortunately virtual portfolio(play money) trading exists.
Nothing wrong with hearing or reading what someone says, in the end it is your decision whether you want to do the things. It is wiser to learn about others mistakes rather than your own mistakes. Press on and you will be successful in trading one day, you can learn but next time think about the decisions that you will do.
High volatile market doesn't mean high risk market. You can lose all your money in one day on Forex with is not volatile at all but traders go with up to x500 leverage. You can also trade for years here on crypto. The key is money management. To know when to stop. To know how to calculate risk and compensate it with lower position size.
Position Size for dummies:
https://bitcointalksearch.org/topic/position-size-for-dummies-5266064
Learn money management under pressure:
https://bitcointalksearch.org/topic/m.50225995
Position Size for dummies:
https://bitcointalksearch.org/topic/position-size-for-dummies-5266064
Learn money management under pressure:
https://bitcointalksearch.org/topic/m.50225995
Did you recently lose money by trusting someone in this market? Hence the rant, I can totally understand where this is coming from.
But how do you propose to teach yourself, or what's the guarantee you won't lose more money by punting it yourself.
Anyways my best wishes for your trading. Just don't overleverage or get too emotional.
But how do you propose to teach yourself, or what's the guarantee you won't lose more money by punting it yourself.
Anyways my best wishes for your trading. Just don't overleverage or get too emotional.
This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.
This crypto currency market is not trade fair or Walmart market.
Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.
Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
This crypto currency market is not trade fair or Walmart market.
Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.
Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
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