Topic: Things to know before trading. - page 2. (Read 855 times)

<....>
 they don't know how hard and how many sacrifices that these tellers had been experiencing before they got their position.

Well that is so true --gaining experience and then acquiring knowledge is very important in trading and before you will start don't depend on basic education, you must study it very well and be prepared for the trading activity. Trading for me is not just easy, it needs for you to spend more time studying and understand every coin that has a potential one. However, OP was right on his thread, and not only by that, but there are also too many factors to consider before you will fully go into the trading field.

I think the issues you have mentioned are important and enough to know when some one comes to trading . However, those who are completely new here may not understand many things. That's why you need to know. You have to try to know most of the things of trading for your basic education. Those who are new i think that they should not worry about futures trading right now. They must refrain from the future until they acquire enough knowledge.

your analytical and management skills are the core part as the deciding factors for your consistent success in all types of trading. But, being dedicated and fully committed toward the preparation of successful trading is self driven which means it cannot be learned from books or videos but should be developed by our own interests. I agree that we will become more dedicated and committed when our trading support us for a living.

Many people have been investing in cryptocurrency, and some have been complaining that they are losing money, particularly newcomers, so I believe this will really help you as a trader. The following will guide everyone to be a successful trader.

There are four keys to successful trading.

1. Find a strategy that works for you: If you are dedicated and forced to put in the effort, you will undoubtedly find a strategy that works for you. There are a variety of strategies available for you to try out.

2. Risk management: You must work on your risk/reward ratio, know how much you must invest in a coin, and only invest what you can afford to lose. If you are trading futures, always use a low laverage and don't forget to use a stop loss.

3. You must give yourself time: Because cryptocurrency requires patience and dedication, you should not rush to make money at the same time This is impossible since if you buy a coin now, it may take weeks or months for it to pump, so don't expect to make money quickly with cryptocurrencies. Give yourself time to investigate and plan. Because trading is a long-term endeavor, you must devote sufficient time to learning.

4. Dedication and commitment: If you truly want to be a good trader, you must be able to devote all of your time to it. Since you are making money from it I believe it really worth giving all your time.

Before you're going to sell an asset, always consider the top gaining factors so you'll able to decide what's best to fit with your satisfaction.

Risk factors needs to be corrected before taking actions.

The best way to make money online is the practice. Practice is the key to success in the Forex Market and hence you should practice a lot before placing your foot into the real Forex Market.

Many people have been investing in cryptocurrency, and some have been complaining that they are losing money, particularly newcomers, so I believe this will really help you as a trader. The following will guide everyone to be a successful trader.

Exactly! that's the first thing to do if you are trading,you must first of all do some research about the coin you are investing in.The potentiality of the coin is the most important thing that matters.Knowing the value of the coin in years to come,or a year to come should be very important to u as a person going into trading.
There are some coins that are available to invest in,but they won't bring good profit in years to come,so do research and go for the ones that are promising.

Some expert says that trading or investing requires a clear understanding of the coin or stock and its underlying value. That can easily be done by using technical indicators. It is important to know more about the coin that we need to invest before purchasing and I agree or believe on it because I experience loss last 2017 because of the coin that is being abandoned by the developers, so I think we now need to examine first and analize about the possible future of the coin to avoid losing.

Taking the time to learn and plan in this market is essential to avoid losing too much, especially for newbies. A lot of newbies, they just want to make money quickly but don't want to learn the knowledge and strategies, so losses are easy to happen.

Many people have been investing in cryptocurrency, and some have been complaining that they are losing money, particularly newcomers, so I believe this will really help you as a trader. The following will guide everyone to be a successful trader.

There are four keys to successful trading.

1. Find a strategy that works for you: If you are dedicated and forced to put in the effort, you will undoubtedly find a strategy that works for you. There are a variety of strategies available for you to try out.

2. Risk management: You must work on your risk/reward ratio, know how much you must invest in a coin, and only invest what you can afford to lose. If you are trading futures, always use a low laverage and don't forget to use a stop loss.

3. You must give yourself time: Because cryptocurrency requires patience and dedication, you should not rush to make money at the same time This is impossible since if you buy a coin now, it may take weeks or months for it to pump, so don't expect to make money quickly with cryptocurrencies. Give yourself time to investigate and plan. Because trading is a long-term endeavor, you must devote sufficient time to learning.

4. Dedication and commitment: If you truly want to be a good trader, you must be able to devote all of your time to it. Since you are making money from it I believe it really worth giving all your time.