Topic: Suggestion for trading (Read 3308 times)
At first I would recommend to work with small amounts of $, gradually build your experience and understanding and only then you can go for 500$+ sums.
Try experimenting with low amounts and easy exchanges to be sure that you won't loose a lot of money, that's my only advise actually, other things are absolutely up to you.
For the first you need to knows a main postulates of trading. Later to start sell with a small amount and doing amount bigger but gradually. Very main first year for not losing a deposit. Industriousness + patience = success.
Indeed it is normal for a person to experience a loss when trading, and of course we can minimize that. And I think the only way is the accumulation of experience. When we have enough experience, our mistakes will be fewer, and that leads to fewer losses as well. Learning from theories alone won't produce any results, we need to practice and direct experience.
So my advice is to start trying and don't be afraid to fail. You'll find your own strategy in trading soon.
In start it is hard to make money from crypto trading because trading is no doubt very risky and you can lose your money if you take wrong decisions. It is also a fact that crypto trading is very profitable from all other sources of income but it is also very difficult to make money. Don’t be panic about the current situation of the market. This condition will soon come to an end. So my advice is to start trying and don't be afraid to fail. You'll find your own strategy in trading soon.
do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
and what need to learn for be a good trader ?
The first condition of being a good trader is to act in line with your experience and not to do wrong in case of panic. Making the right transactions in the right time, having information about every investment to be made and making the future price predictions correctly will definitely show that you are a successful trader, but there are two other important elements to be a successful trader. These two elements will be used with the same purpose and each will cause you to have different experiences. The two elements I mentioned are '' Stop-Loss '' and '' Take-Profit ''. Investors who use both options successfully will prove to be a successful trader. However, there is another point to be considered during the use of these features, which values will be used in the range of values. Determining the correct rate and making the profit-loss rate at the most probable level is definitely the most important process.
do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
Suggestion for trading, what I can do to prevent minor trading mistakes is to look ahead to a few months or a year in each trading to find out when it can be raised and when to lower the currency, and always have to look at their telegram if updated or not the token you want to invest. and what need to learn for be a good trader ?
Being professional trader must control you emotions dont take decisions in panic,Deal with patience either buying and selling.Trade with stable coins and diversify the investment dont put all at one place and basic rule buy in low and sell at high.
Controlling the emotion is the most important thing that every trader must have because they cannot make a good decision in trading if they cannot think. They only make another loss if they become panic and this is why that we must learn about how to control the emotion especially in trading. You cannot see a chance to buy at the good price if you panic, and you cannot sell at the best high price if you cannot analyze to determine the price. So controlling is the first thing that you should learn in trading.
Being professional trader must control you emotions dont take decisions in panic,Deal with patience either buying and selling.Trade with stable coins and diversify the investment dont put all at one place and basic rule buy in low and sell at high.
my suggestion for trading is, they should be creative in terms of decision making because the trading is very flexible job and requires the trader that can easily cope with the situation that comes from it. Another thing they should be stay positive in order to have a positive vibration so that they can easily get more luck for higher income
You need to create your exact strategy to which you will stick, also experience is very influential as well, be very careful and pay attention to all nuances.
The simple idea of the trading is buy low price and promote high price. but it isn't always enough. For this take a look at it earlier than entering available on the market could be very essential as it helps you to determine without difficulty and not reason you an afraid even it is going down due to the fact you already know and constantly believed for the potential to upward thrust of it that possibly give you a massive earnings inside the future. More knowledge more profits.
Good trader is 100% an experienced person, that is the pillow of that activity as for me, to gain experience you should trade every day and a lot of tokens on many exchanges.
good question. i want to have more experience in this trading like you
do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
and what need to learn for be a good trader ?
My suggestion is before you do the trading you need to study the important things before you do it because if you do not study it first you might not earn in doing the trading. You need to learn how to deal with the price. The price in the market is too volatile and it is too risky if you do not know how to work with it. You also need how to read the candle stick it is very important that you know how to read the candle stick for the price of the coin.
in trading, there are only two analyzes, predictions, speculations, and patience.
in learning to trade you must learn about technical analysis (patterns, lines, support, RSI, movements, etc.) and fundamentals (about good and bad news on coins)
to make the risk of being small is not lustful for big profits, keep calm and take a little profit but repeat.
besides that you have to understand the basic price of a coin so that you don't get stuck in high prices.
patience is the main point in trading to make good profits.
in learning to trade you must learn about technical analysis (patterns, lines, support, RSI, movements, etc.) and fundamentals (about good and bad news on coins)
to make the risk of being small is not lustful for big profits, keep calm and take a little profit but repeat.
besides that you have to understand the basic price of a coin so that you don't get stuck in high prices.
patience is the main point in trading to make good profits.
advice for traders is to learn the prices in the trading market, if you already know the price of coins in the trade market must enter our capital to trade, and my advice for beginner traders must continue to learn until they can trade well
Maybe try to be patient when the price of the majority of altcoins has decreased very important in avoiding large losses so that in this way they still have the opportunity to create success in the future and the economy can automatically be helped.
I will suggest you to collect all the required data about crypto trading. As much information about the market situation and crypto trading you can get, you will be a successful trader. Always start from low investment and see what happens. If you realize that this field is good, safe and profitable then you can invest more, but you are not satisfied you can quit. do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
I think you are a newbie in trading and makingbmany mistakes right now but I can tell you that it is okay because every newbie and even pro traders made mistakes. Man, just go on and learn from your mistakes that is how you will become successful and that is how to be a good trader. Btw, just watch youtube tutorials about tradingand what need to learn for be a good trader ?
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do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
and what need to learn for be a good trader ?
Only trade with small amounts of money because this will leave you with more money to buy bitcoins if the price drops below where your bought. Also, try to buy when the price is low if possible.
This will help people who don't have big money in trading, and they can buy bitcoin whenever if the price is down. And like above me said, make sure that you can buy bitcoin at the lower price and hold it until the price increase then you can sell it. No matter if your profit is small because if you can do over and over, I am sure that in the end, you can earn a big profit too. And once you can earn the big profit, I suggest doubling your money in trading so you can have a chance to make a bigger profit than before.
the ability to wait always makes a profit, so rarely look at the order
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