What can we expect they are new users. If they really are.
We all have been in that position and you cannot stop that. It is like every day there will be a new one.
I will just take it for experience if I ever gone wrong. Actually that is what happened to me.
But it is not a problem. Now, I have the knowledge into what I will do the next time I trade.
Sometimes wrong choices are needed to learn.
Topic: Reasons why you should place the buying or selling orders! (Read 572 times)
Op good one! Successful traders focus they mind and time on those events that move the market either to buying position or selling position. Newbies on the other hand focus their minds on just technical analysis either ma cross or buying signals from scammers. Professional traders do he or her research before placing a buying order and they always have concrete reason why he most do that.
The newbies traders do think they can move the market price of bitcoin or other trading assets to their favour but professionals and skills traders always analyze the fundamental reasons why they should places an orders to sell or to buy an assets. Traders should learn that there are fundamental reason why assets should raise and there fundamental reasons why assets should fell in value and their should concentrate on those reasons to traders professionally.
That's why they called newbie. How come you compare the activity of newbie traders to a professional traders. In the progress, soon those newbies will become a professional too or should I say experienced traders as time passes by.
Trading basics can eventually turned into an advance skills that's why just let newbie experienced some errors as that will make them a good traders in their future execution of trades whether to buy or to sell. Even professional traders are making some errors so just go with the flow. Im sure, a newbie that is will to be trading enthusiast will enhanced their strategy that can make their trading meant for a long term purposes.
Professiona traders placing an buy and sell orders is depends in their analysis by reading graph and thingking how this coin would reach. They placing an buy and sell orders is the best way for it (like they place buy order to 10ksats) because professional traders see that is the safezone to buy
a professional trader will certainly do so. they work only with reading charts up and down movement. they will not take a long time to take action perform various financial analysis. and they will not have long thought to do the selling, buying or holding bitcoin. 
Professiona traders placing an buy and sell orders is depends in their analysis by reading graph and thingking how this coin would reach. They placing an buy and sell orders is the best way for it (like they place buy order to 10ksats) because professional traders see that is the safezone to buy
Not all newbies think that way. When I was new in trading, I honestly don't think that I can move the market price. I rather focus on how does it work, what coin to invest in and how can I make profit from it by just going with the flow. I do believe too that professional traders don't just base it on fundamentals as always. Doing research might help, yes, but even we do a deep analization, we can't get an accurate results that's why traders do have/use different ways/techniques or whatever you call it.
I have been trading for quite a while and I haven't done this sell order or buy order which automates everything.
I love to do things manually.
Plus aint it better because you can save it from falling or if it would rise you could maximize the profits.
Not all newbies think like what you have said. Some know what they are doing having an experience with forex trade.
I love to do things manually.
Plus aint it better because you can save it from falling or if it would rise you could maximize the profits.
Not all newbies think like what you have said. Some know what they are doing having an experience with forex trade.
The newbies traders do think they can move the market price of bitcoin or other trading assets to their favour but professionals and skills traders always analyze the fundamental reasons why they should places an orders to sell or to buy an assets. Traders should learn that there are fundamental reason why assets should raise and there fundamental reasons why assets should fell in value and their should concentrate on those reasons to traders professionally.
That's newbies mistake no. 1 there. Don't worry they would learn their lesson in a painful way if their mindset is like the one you describe above. Professional traders will used technical analysis and market trend and everything at their disposal and used it at their advantage before making any buying/selling. That's why they are called professionals traders. Newbies will make a lot of mistakes in the beginning of their career as traders, but should learn from their mistakes to make them a good trader in the future.
The newbies traders do think they can move the market price of bitcoin or other trading assets to their favour but professionals and skills traders always analyze the fundamental reasons why they should places an orders to sell or to buy an assets. Traders should learn that there are fundamental reason why assets should raise and there fundamental reasons why assets should fell in value and their should concentrate on those reasons to traders professionally.
When you are placing your orders (either buy/sell) without any reasons then there will be no differences for your trading from gambling because you are just throwing blind balls.All our actions in trading must have some reason. Those reasons should be derived from strong research and analysis.
When we are capable of reading charts for future events, we can make decisions quite comfortably. Candlestick patterns are another good tool to guide us for taking accurate decisions.
Professional traders don't just rely on fundamental analysis. Technical analysis (reading graphs and understanding how the market sentiment reflected by them will affect the future) is also a very important part of successful trading.
I don't think anyone thinks that they can move the market price to their favour unless they're a whale, in which case they can.
Everybody uses his own strategy, or technique to trade, and I dont know a single trader that only uses technical analysis, it is indeed very useful, but you cannot rely on it, and put up the money only because the fundamental analysis looks really good for the trade that you wan't to make.I don't think anyone thinks that they can move the market price to their favour unless they're a whale, in which case they can.
You should mix up different techniques for spotting if the trade is made correctly, always double-check if the stop-loss/ take profit is typed correctly, because once my friend has made a typo in stop-loss at FX market, which pretty much caused him to lose 1/4 of his balance.
Be careful about every analysis, you should always mix them up to see more possible ways of price movement.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
Professional traders don't just rely on fundamental analysis. Technical analysis (reading graphs and understanding how the market sentiment reflected by them will affect the future) is also a very important part of successful trading.
I don't think anyone thinks that they can move the market price to their favour unless they're a whale, in which case they can.
I don't think anyone thinks that they can move the market price to their favour unless they're a whale, in which case they can.
The newbies traders do think they can move the market price of bitcoin or other trading assets to their favour but professionals and skills traders always analyze the fundamental reasons why they should places an orders to sell or to buy an assets. Traders should learn that there are fundamental reason why assets should raise and there fundamental reasons why assets should fell in value and their should concentrate on those reasons to traders professionally.
Jump to: