Topic: SAFE TRADING METHOD (Read 2900 times)
In trading you need a good strategy. You should know if your investment will have a good profit.
the safe method of trading is not to take profits greedily and big, because if it will get a loss. I suggest that when you feel that you have got a profit, you can sell it immediately and don't have to wait longer.
I think the safe method is you can earn money for free such as getting from bounty or other, then the results can be traded and it is certainly safe when you experience the risk of losing.
Your trading capital should not be your day to day running of your home. It should be money big enough the give you the confidence to start trading live and avoid the mistake of using your every day money to trade, It will bring in the fear into the trade and we all know that fear is an emotional problems will set in and exiting the market even at a loss or taking a fraction of the profit and exit the market.
Unfortunately, whatever the strategy is, it will still have risks and will not be absolutely safe. You can only plan your trading strategy as much as possible to minimize your risks. Using only 5-10% of your capital to trade is good advice.
You need use only 10% maximum 15% of your money maybe more if you are super prof. daily trader but anyway its very risky in crypto world everything can happen.
10% to 15% of total your total money to make trade is kinda low, well if you are just trying to make things work on crypto 10% would be good to start but then again if you want a full profit out of you decision making and instinct make it for about 30%, it depends on your primary income source to have a capital on this. if your total assets or cash is worth millions, 10% is really big already after all. In my case, I don't use my personal money to trade - I just used some of my earnings in gambling few years ago (I already stopped gambling) and earnings from the signature campaign.
It is very difficult to all traders to make a decisions. I suggest to trade only the money that you can afford to loss because trading is very risky. In this way, we don't have an assurance that our capital is getting back so be careful in every decisions. Don't invest your budget into your family to avoid a conflict.
A secure trading MOTODE by buying coin prices that are down the price and selling at high prices, it's a safe method for investing and just methods that explain for sure we will be able to get a lot of profit
You need use only 10% maximum 15% of your money maybe more if you are super prof. daily trader but anyway its very risky in crypto world everything can happen.
10% to 15% of total your total money to make trade is kinda low, well if you are just trying to make things work on crypto 10% would be good to start but then again if you want a full profit out of you decision making and instinct make it for about 30%, it depends on your primary income source to have a capital on this. 
The most effective method to save your portfolio and the profit is to use a stop-loss point for every coins and tokens which are in your portfolio. Take profit at the target zone, diversify your portfolio, only trade at the 10 biggest coins and tokens and also keep a stable coin like tether or trueUSD.
besides that safest trade is if we can discipline with target and stop losses that have been determined. because many of traders feel nervous and panic sell before reaching analysis target
The most effective method to save your portfolio and the profit is to use a stop-loss point for every coins and tokens which are in your portfolio. Take profit at the target zone, diversify your portfolio, only trade at the 10 biggest coins and tokens and also keep a stable coin like tether or trueUSD.
You need use only 10% maximum 15% of your money maybe more if you are super prof. daily trader but anyway its very risky in crypto world everything can happen.
There is simply no safe way to trade! Always where profit is there and risk, otherwise we would all be millionaires .But the risks can be reduced, here's a couple of tips :
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
You know, many of the points you mentioned, I had to break. I think this is not the most important thing in trading. There are things much more important.1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
that is not important but this will help people to begin trade and they can minimize the risk that could happen later. with that point, I think the trader or people can know to do trading will not as easy and simple as they think and they need to always learn more in trading. they need to understand this before they start trading and don't use all of the money to buy the coin and only trade when you are sure with your analysis. and if he can follow the tips then I think he can make a profit later.
From my experience, I save money first which I will specifically use for trading. So I have two types of savings. Firstly, savings for the future, and the other is savings for trading. I mean I need time to prepare capital so I can trade. Maybe this takes time, but obviously this won't overload you, if our income isn't too much.
Let's say we don't have to set aside 5% of our income, we can only set aside 2-3%. So there is a time lag where we don't trade. After we have profits through trading, just use it for trading and start stopping using the salary as capital for trading. This might be called a financial plan rather than a trading method.
Let's say we don't have to set aside 5% of our income, we can only set aside 2-3%. So there is a time lag where we don't trade. After we have profits through trading, just use it for trading and start stopping using the salary as capital for trading. This might be called a financial plan rather than a trading method.
There is simply no safe way to trade! Always where profit is there and risk, otherwise we would all be millionaires .But the risks can be reduced, here's a couple of tips :
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money.
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money.
Yes, these are the best things we need to follow when we enter into the market for trading and one more thing after the purchase if the price goes down never touch those until the price starts increasing again.
There is simply no safe way to trade! Always where profit is there and risk, otherwise we would all be millionaires .But the risks can be reduced, here's a couple of tips :
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
That's good tips dude, you give very useful tips to diversify so that the risk is not centralized in just one investment, don't borrow because if the risk occurs maybe you will be confused how to pay and other tips are very helpful, and don't forget to stay patient in the face strange price changes 1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
There is simply no safe way to trade! Always where profit is there and risk, otherwise we would all be millionaires .But the risks can be reduced, here's a couple of tips :
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
Point on, mate!
When we always have these in mind, the risk of losing all your hard-earned money will be mitigated.
But it is not really easy to do, you need to be well disciplined enough in order to follow it and most of the people are having a hard time to observe and execute it carefully.
Not all is a must, but I strongly agree with two points - DO NOT TAKE LOAN at any promises, forecast and so on and NEVER bet the last or all money. You got a point in it, man. But how can you diversify risks?
I think you can do the safe trading method by using a portion of the capital you have and after that you can save some of the capital that you can use later to buy some other coins, so you should not use all the trading capital you have.
The safe trading method is use the coin that you earn from the campaign so that you will not use your fiat money and do not trade all of the coins just trade 30% - 50% of the coin so that if the value of the coin pumps then you still have the coin and you will not regret from not getting the coin with the pump price. It is best to save some of your coin so that when you also need money you will have something to get in. Also use some of it to reinvest, it is not good to use all of your coin in just one purpose you should divide the use of your coin.
I think the most secure trading is to use some money from trading capital and use money that will not be in use for the near future,
for example I have $ 1000 and I need to use the money for my family's living needs, then I can use $ 250 for trading and the rest to survive, do you mean from this revelation?
this method is used so that you are not too depressed if the money you have stuck in the expensive price.
for example I have $ 1000 and I need to use the money for my family's living needs, then I can use $ 250 for trading and the rest to survive, do you mean from this revelation?
this method is used so that you are not too depressed if the money you have stuck in the expensive price.
A good idea, this idea also includes one of the household financial planning strategies. What matters our lifestyle doesn't exceed our, true abilities. From the outside it might look great but from inside suffer. Therefore we have to live realistically and not be lulled by prestige. Although it seems not easy/difficult to control for those who are not familiar, I'm sure slowly it will be more controlled.
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