Suggestion for trading - page 3. | Bitcointalksearch.org

Monta3002

sr. member

Activity: 344

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EndChain - Complete Logistical Solution

Quote from: Aschcraw on May 13, 2018, 02:20:31 PM

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 trading

kasturi

full member

Activity: 322

Merit: 100

A little advice I've learned and maybe you need to learn. first, perform fundamental analysis because this is more important than technical analysis and you must always know where you are saving your money.
second, make a realistic target to get profits and do not pursue price increases. always taking one step at a time, you will get a price when you have expertise.
third, Don't buy FOMO or sell FUD. Buy when the market is bearish and sell when bullish, Buy long-term dips and products for profit and lastly never stop learning, because there are always many things to learn in life, failure to teach you more than success, if your learning curve increases, your life will keep growing.

rodskee

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Activity: 2408

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People starting working in trading mistakes is part of learning in trading, mistakes is secret for the success
To avoid mistake need learn weill before to decide for trading job
Speciall this recent price situation of cryptocurrency are hard to predict which coins had potential to uprise

qwerty12

jr. member

Activity: 313

Merit: 1

Making mistakes in Cryptocurrency Trading is normal and quite unavoidable. To get successful cryptocurrency trading results, it is important to stop bad habits because they can easily lead to financial suicide.

Learn to manage risk: Money management must be your first priority and it must be strict. To follow the general rules, try not to risk no more than 2 percent in one trade. Right, Build a diversified portfolio by investing in a number of cryptocurrencies. The risk of losing money will be reduced.

Plan to go in and out according to your risk-taking ability: Don't make the mistake of entering the trading market without a plan. This is one of the worst things a trader can do. Always have a plan first or you will get lost. This plan must include the time frame, your stop loss, and the exit point. Having clarity at this point will basically help you enter and exit the trade without looking like a person without goals who need direction.

Given market volatility, many traders make the mistake of coming up with unrealistic goals. It is possible to generate thousands in one day and at the same time lose millions. Just focus on your trade and money will flow naturally.

Zipposs

newbie

Activity: 82

Merit: 0

Quote from: Aschcraw on May 13, 2018, 02:20:31 PM

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 will share with you my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: RiskySanchez on September 22, 2018, 05:49:22 PM

never sell your coin too high or low, sell it at the right price and think you have a pretty good profit. do not become greedy and enjoy every thing that might be our reference for trading

Always set your target price, so you will not lose the opportunity to exit the market. In trading, its not about making huge profit its about consistently trading without loses. Yes its hard, but if you focus on learning more about trading its possible not to incur big loses.

RiskySanchez

full member

Activity: 588

Merit: 100

never sell your coin too high or low, sell it at the right price and think you have a pretty good profit. do not become greedy and enjoy every thing that might be our reference for trading

karavay_71

member

Activity: 228

Merit: 10

I would recommend everyone to train with small amounts at different exchanges (like 10-30$ per certain token/exchange) and step by step learn the market.

StairsGold(STG)

newbie

Activity: 52

Merit: 0

Quote from: BitMaxz on May 13, 2018, 03:09:53 PM

Honestly, a good trader also experiences to lose their investment, all here in cryptocurrency are risky you must be smart and don't believe in any promises.

The only coins that I could suggest you that can reduce the risk of losing your investment is to choose the coin, which is mostly used by many people or choose a coin, which is on the top 10 in coinmarketcap all of them are less risk than you are investing in new ICO's or new coins because it's too risky so avoid investing in them.

Also, make sure that you can control your feeling when the price is decreasing because there are still chance that the price can recover back in the future.

excellent advice

nidacoinlove

sr. member

Activity: 588

Merit: 254

Quote from: NorihiroName on September 22, 2018, 03:24:43 PM

Don't make "hot" decisions, don't go for low-trusted signals, don't trade on shady exchanges and build your experience up.

Yeah make it your habit to avoid buying in such a time when everyone is running for it.
Another thing that most of our new traders don't care about is they invest blindly, so never ever trust anyone's suggestion without a prior homework. Before going into trade it is very necessary to decide whether it will be a long term or a short term trade for you. If it's a short term never compromise on technical analysis, in other case it should be a fundamental analysis that can help you with concrete power in your decision.

NorihiroName

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Activity: 420

Merit: 101

Don't make "hot" decisions, don't go for low-trusted signals, don't trade on shady exchanges and build your experience up.

shashikamal

member

Activity: 197

Merit: 10

dApps Development Automation Platform

The first thing is your knowledge on trading. Sometimes luck keeps you in great position. But not always. Money management is one of the most vital factors that many don't do. If you invest a huge amount of money in a highly fluctuation field like Crypto you will be ending up with huge loss or disappointment. If you are able to hold for long term there was a time to buy some alts. even in the near future market will be down. Collect some good top 10 or 15 coins for about one or two years. If you do day trading book your profit from 5% -10% has no much movement in these days. Avoid emotions & stick to theory you learnt. Don't brake the theory with emotion. Good luck.

tarpa07

member

Activity: 194

Merit: 10

People always make a common mistake in his trading. Number one and common issue is over trading because when people lose some money and on that time they are trying to start recovering his money so they are start again trading so they lose money. Never try to recover you money if you lose in your trading, if you lose again and again three trade so stop trading on that day.

tbterryboy

sr. member

Activity: 1988

Merit: 322

Quote from: KingdomHearts on September 20, 2018, 06:18:21 AM

Quote from: Bubblestonemax on September 14, 2018, 03:04:22 PM

You need to have a strategy you use in trading. You must be disciplined and always follow your strategy very well. Also, do not take much risk per trade. Use minimal risk per trade

Choose Bitcoin if the clouds of your saving is large and if it is not large then you can choose next to it like Ethereum also for long term. There are several other coins which are best for short term so you can proceed for Litecoin as well. Always buy in low market of any coin so that you may not need to use more money in order to get it. In order to sell it you have to choose one of the best exchanges in the world which are Binance and Bittrex etc.

For trading we need to make good plans in different times according to conditions so that we may be able to reach at our destination or target but it requires your best knowledge in order to take care of everything in different market conditions. If it is Bitcoin then you have to take great care of everything are are necessary in it for you are here to make some money in the most profitable source.

KingdomHearts

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Activity: 896

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Quote from: Bubblestonemax on September 14, 2018, 03:04:22 PM

You need to have a strategy you use in trading. You must be disciplined and always follow your strategy very well. Also, do not take much risk per trade. Use minimal risk per trade

Choose Bitcoin if the clouds of your saving is large and if it is not large then you can choose next to it like Ethereum also for long term. There are several other coins which are best for short term so you can proceed for Litecoin as well. Always buy in low market of any coin so that you may not need to use more money in order to get it. In order to sell it you have to choose one of the best exchanges in the world which are Binance and Bittrex etc.

legenduim

full member

Activity: 588

Merit: 101

Quote from: NorihiroName on September 14, 2018, 03:42:27 PM

Trading is such a risky thing! I don't think that there are many things that can cut the risk actually...just build up your experience and understanding of the market, this will really cut your risks.

You take risks when you start trading knowing nothing about this business. It is better to spend more time on learning everything connected with the crypto and then begin your activities.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: NorihiroName on September 14, 2018, 03:42:27 PM

Trading is such a risky thing! I don't think that there are many things that can cut the risk actually...just build up your experience and understanding of the market, this will really cut your risks.

May we can learn a lot from our experience and could create our own strategies rather than of depending on others. To maximize our learnings, we need to take the risk and see what will be the result applying those strategies we have and evaluate what is good for the market today.

ethereumhunter

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Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: gurang on September 17, 2018, 06:27:52 AM

Quote from: Aschcraw on May 13, 2018, 02:20:31 PM

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

The trader does not want to get rid of this mistake so all you need to do is to think wisely and be careful on what situation that you have just trust on yourself and continue what you have right now

besides that, don't forget to always analyze the coins before you decide to buy because I am sure that you want to prevent from losing your money. maybe you can try to learn about how to make analysis first, then you can try to buy with the small amount to see your chance to make a profit. and then if you can make a profit, maybe you can increase the amount and keep analyze the coin so you can have another chance to make a profit again.

gurang

jr. member

Activity: 350

Merit: 2

Quote from: Aschcraw on May 13, 2018, 02:20:31 PM

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

The trader does not want to get rid of this mistake so all you need to do is to think wisely and be careful on what situation that you have just trust on yourself and continue what you have right now

Guideare

newbie

Activity: 78

Merit: 0

Quote from: ThunderCatSteve on September 14, 2018, 10:25:58 AM

Quote from: developer101dev on August 08, 2018, 11:13:06 AM

Quote from: BitcoinCommodor on July 20, 2018, 05:31:22 AM

Quote from: Sum24 on July 07, 2018, 07:05:23 PM

Quote from: jeraldskie11 on July 06, 2018, 09:56:59 AM

As a trader, do not put an emotions in trading because it was very risky. Make a move as what you have learned. For me, trading is for persons who is so patience, knows how to wait because there is a time for you to come to earn profits in trading.

You are absolutely right in trading you will have to use your mind not your heart because trading has a lot of rise and fall, so being emotional can distract you, so better if you try to learn as much as you can about trading and don’t think negative about trading it has a lot profit but only needs patience, skills and some basic information, never sell at panic trust yourself and your trading skills so you will appear as good trader in market.

Traditional trading and modern trading are both profitable but people are making most possible profit in the modern technological market by following strategies and rules. If you are new here with your first attempt then do not consider it as an abortive attempt and do not make it as well because you can get success buy following the rules and procedure of market for trading.

Following the rules and procedures of the market is actually easy to do but every new traders in the market who saw their coins dropping will automatically sell their coins at the lowest price which will make the value of bitcoins in the market to dump.

Trading is separated from signature campaigns, you may earn from signature campaigns but what you can do with these money usually goes to the exchange fee or really a small amount of coins but saying the truth it doesn't make you reach but it give you pocket money and paying the fees, usually.
The tokens that those campaigns or as known as bounties are good, they may sound that they are giving really cheap money to their users but after a while we see that their token value increases and makes the users richer than they thought!

First of all you should understand what cryptocurrency is, then you should collect data about crypto trading, then spend some time with a trading expert if possible and then start with small investment and from low price coins. With the passage of time you will gain experience and skills about affective trading and one day you will become successful trader but don’t be emotional and be determined.

Topic: Suggestion for trading - page 3. (Read 3337 times)