Topic: Tips for good trading (Read 3423 times)
I think that the key thing to pay attention to is the experience and knowledge of the trader. This plays a rather important role in the results of a trader's work.
Those who have less dollars or new traders keep trading off now because the market is not in a state of understanding when it will happen. Trading at this time is very risky. loss will be higher than that profit. So keep trading off for a few days and you will get many opportunities of income from this market. Just wait for good time. And if you can't control yourself then you won't be able to survive in this market for long.2-3 trades will be profitable then one wrong trade and all dollars will be gone. so you leaving the trading life. Some people can't control themselves and add dollars again, without learning from their previous mistakes, without learning full trading, they make the same mistake again and leave the market.
It happens with every traders in our life. Only those who learn from their own or others' mistakes can become real professional traders
It happens with every traders in our life. Only those who learn from their own or others' mistakes can become real professional traders
Practice makes you perfect mate. What do I mean to say about this matter? of course, you need to apply actual trading and start with a small capital first. Then, observe the flow motion or chart of the price value depending on the coins you like to buy. Just never get hype with the people who will say to you regarding about this things. Because experience is the best methods for this matter for us to earn nicely in the end.
I agree more with your way, my friend, because learning better is by doing real practice and starting with the smallest nominal and always recording what makes the predictions that we do wrong and correct them. Usually with every mistake we make, it will be faster to remember and will not make the mistake again.Of course, it is not wrong to also accept what is suggested by more experienced people, but it is also necessary to analyze it well because the movement will always change at any time.
Eagerness to keep pushing yourself to learn more knowledge that you can use in order to prosper yourself with good numbers of success, it's your own will that will guide you to a better outcome, it's not just trade and go but to experienced different outcome to learn, take the good ones as rewards and the bad ones as learning process, if you find yourself aiming for more, the chance is high for you to make a good success making your own working strategy and keep on adding spice to keep improving your trading skills.
Practice makes you perfect mate. What do I mean to say about this matter? of course, you need to apply actual trading and start with a small capital first. Then, observe the flow motion or chart of the price value depending on the coins you like to buy. Just never get hype with the people who will say to you regarding about this things. Because experience is the best methods for this matter for us to earn nicely in the end.
I agree more with your way, my friend, because learning better is by doing real practice and starting with the smallest nominal and always recording what makes the predictions that we do wrong and correct them. Usually with every mistake we make, it will be faster to remember and will not make the mistake again.Of course, it is not wrong to also accept what is suggested by more experienced people, but it is also necessary to analyze it well because the movement will always change at any time.
In this case i said that if anyone wants to join trading platform so my advice is that first they need alot of knowledge about cryptocurrency and trading procedure.
Anyone want to invest your money so they care his balance because its not clear they gain profit some time a good traders got loss so first they financial stable and second thing is that they collect knowledge about projects they read all important point of project then they invest and keep patient and wait for profit.
Anyone want to invest your money so they care his balance because its not clear they gain profit some time a good traders got loss so first they financial stable and second thing is that they collect knowledge about projects they read all important point of project then they invest and keep patient and wait for profit.
Practice makes you perfect mate. What do I mean to say about this matter? of course, you need to apply actual trading and start with a small capital first. Then, observe the flow motion or chart of the price value depending on the coins you like to buy. Just never get hype with the people who will say to you regarding about this things. Because experience is the best methods for this matter for us to earn nicely in the end.
I agree more with your way, my friend, because learning better is by doing real practice and starting with the smallest nominal and always recording what makes the predictions that we do wrong and correct them. Usually with every mistake we make, it will be faster to remember and will not make the mistake again.Of course, it is not wrong to also accept what is suggested by more experienced people, but it is also necessary to analyze it well because the movement will always change at any time.
trade directly without having knowledge of course it is very risky,
what is clear is that if we do both, it will complement each other
The act of buying and selling a financial instrument on the same day, or perhaps several times throughout the day, is known as day trading. Profiting from slight price changes can be a profitable strategy. The first thing to keep in mind is that, while day trading might be a perfectly legitimate employment, it is not always simpler or less demanding than a typical day job. The advantages more closely resemble being your own employer and having complete control over your schedule.
Practice makes you perfect mate. What do I mean to say about this matter? of course, you need to apply actual trading and start with a small capital first. Then, observe the flow motion or chart of the price value depending on the coins you like to buy. Just never get hype with the people who will say to you regarding about this things. Because experience is the best methods for this matter for us to earn nicely in the end.
I agree more with your way, my friend, because learning better is by doing real practice and starting with the smallest nominal and always recording what makes the predictions that we do wrong and correct them. Usually with every mistake we make, it will be faster to remember and will not make the mistake again.Of course, it is not wrong to also accept what is suggested by more experienced people, but it is also necessary to analyze it well because the movement will always change at any time.
I don't know much about trending but what I can take from here is a lot for me. I think he must have a good understanding of the market to trade. I am very interested in trading so I know that investing in bitcoins can definitely be profitable.
Never allow your emotions to control you. Sell the news and hype. Stick with your analysis and make sure you don't get carried away by your wins. Losses will come so accept that and manage your risk properly
Another good trading tips will be investing on top coins in the bear market.Because then every potential coins have been traded in a very cheap price. So it's the proper time for holders to fill up bags with the cheapest price.
indeed this is the right time if you want to trade on the top coins, because opportunities are always very open and always produce the best, rarely experience things that can be detrimental. but indeed always keep analyzing first as best as possible, and look for things that can indeed increase during a bull market, so what is bought during a bear market will generate profits.don't speculate with new coins because you can't guarantee even though the profits are very attractive, but the guarantee is very uncertain.
For the right process of work and obtaining successful results, it will be right to get enough experience. When I started working with a broker from AMarkets, I used a demo account for this.
Yes this is quite good idea for newbie. First newbie should start with demo account and should use different strategies an tools for trading. This will help much for Secure trading. Also first start with low quantity and after experience start full quantity and apply strategies which you learned in demo trading.even though it's not only bitcoin that is able to generate a lot of profit, medium cap or low cap altcoins will also generate profits even higher than Bitcoin,
if the bull market arrives then altcoin coins or tokens can reach 2x or even 100x.
For the right process of work and obtaining successful results, it will be right to get enough experience. When I started working with a broker from AMarkets, I used a demo account for this.
Yes this is quite good idea for newbie. First newbie should start with demo account and should use different strategies an tools for trading. This will help much for Secure trading. Also first start with low quantity and after experience start full quantity and apply strategies which you learned in demo trading.but everyone also has their own decisions and regarding Bitcoin I think everyone knows that Bitcoin is a coin that needs to be doubted,
holding it for a long term investment seems like it would be profitable
the right way to trade is that we have to understand how to analyze the chart properly and correctly,
of course, it takes time because experience is also very important in trading,
emotions and greed in trading we must also take care of because it can be a danger to ourselves
of course, it takes time because experience is also very important in trading,
emotions and greed in trading we must also take care of because it can be a danger to ourselves
Having the proper mindset right from the start is too important so we'll have the eagerness to learn because trading is a long process of learning and without eagerness, you will have a hard time understanding even the basics of trading. You should also include the risks of trading so you'll know your limitations and the things that you must avoid. It will be too challenging in the beginning but as you learn from your trading experience, you will notice that you're getting fully equipped with what you're doing.
Being greedy is also avoidable if you will set a target goal as your standard and basis on when to buy and when to sell.
Basics in trading isn't hard, that is why it's called basic but maybe there are some people who are slow to comprehend things. Before we start, it's already given that trading is full of risk. This is why some can go below even on their set limits. Nothing is always easy in the beginning but things will go smoothly the more you learn and practice. Having a target is good but it should be realistic as too much of it isn't different from being greedy.
For the right process of work and obtaining successful results, it will be right to get enough experience. When I started working with a broker from AMarkets, I used a demo account for this.
Yes this is quite good idea for newbie. First newbie should start with demo account and should use different strategies an tools for trading. This will help much for Secure trading. Also first start with low quantity and after experience start full quantity and apply strategies which you learned in demo trading.
4. Learn from your own mistake -.
Have this one and you would able to learn up continously and would even more knowledgeable as you do go ahead on making up trades.Accept your errors and mistakes
and try out to patch up and able to avoid if there are similar situations or conditions that you might face ahead.
You would make yourself that sustainable if you are really that having those skills and awareness on what you are dealing with.
Be versatile and dont be greedy.
Have this one and you would able to learn up continously and would even more knowledgeable as you do go ahead on making up trades.Accept your errors and mistakes
and try out to patch up and able to avoid if there are similar situations or conditions that you might face ahead.
You would make yourself that sustainable if you are really that having those skills and awareness on what you are dealing with.
Be versatile and dont be greedy.
My tip.
Do not follow the signals do your own analysis. Always follow the news and trend do not go against the flow. Learn about trading as if you don't learn and trade you are going to lose a lot of money. The most important tip is do not go for the future trading as you don't know how much risky and unethical it can be you are not understanding what is future trade. Make sure to follow the tips as these are the most basic ones.
Do not follow the signals do your own analysis. Always follow the news and trend do not go against the flow. Learn about trading as if you don't learn and trade you are going to lose a lot of money. The most important tip is do not go for the future trading as you don't know how much risky and unethical it can be you are not understanding what is future trade. Make sure to follow the tips as these are the most basic ones.
Another good trading tips will be investing on top coins in the bear market.Because then every potential coins have been traded in a very cheap price. So it's the proper time for holders to fill up bags with the cheapest price.
Those who want to trade in new but should trade with good idea before trading. If there is no good idea about trade then he is at risk of losing all his money. If want to trade in new condition he should start trading with little money. And those who are eager If there are traders, it will be better if you trade with ideas from them. If you start trading in this way, you will not lose. And if you trade without understanding anything, then you will lose all your money.
I don't have ideas about using demo account is good way when trading in cryptocurrency trough several years active trading bitcoin or altcoin never I used with demo account, I think what ever kinds between demo account or real account used for trading have different reality. Looks easy how to earn profit using demo account and faced difficulty when using real fund deposit or real account. But to learn about basic trading about deposit way, withdraw and how to buy several altcoin is worth for using demo account.Not recommended to learn technical or analyze with demo account and deposit small fund is better to try with trading in cryptocurrency, I think need experience begin with trading in cryptocurrency and used real fund money is the best way how make us prepare mentality when trading with bitcoin or altcoin, some time demo account not impact with strong adrenaline when trading on bitcoin or another trading kinds.
Demo account gives you a glimpse of how the actual trading happens, but it's also true that there's a big difference
when using an actual account.
The emotion is there already when you are using real money, unlike with demo account where you can just place your
entry in your desire position and you are not worrying about whatever market move takes place.
Maybe you will learn the basic, but the right practices are still better to learn when using actual accounts.
Those who want to trade in new but should trade with good idea before trading. If there is no good idea about trade then he is at risk of losing all his money. If want to trade in new condition he should start trading with little money. And those who are eager If there are traders, it will be better if you trade with ideas from them. If you start trading in this way, you will not lose. And if you trade without understanding anything, then you will lose all your money.
I don't have ideas about using demo account is good way when trading in cryptocurrency trough several years active trading bitcoin or altcoin never I used with demo account, I think what ever kinds between demo account or real account used for trading have different reality. Looks easy how to earn profit using demo account and faced difficulty when using real fund deposit or real account. But to learn about basic trading about deposit way, withdraw and how to buy several altcoin is worth for using demo account.Not recommended to learn technical or analyze with demo account and deposit small fund is better to try with trading in cryptocurrency, I think need experience begin with trading in cryptocurrency and used real fund money is the best way how make us prepare mentality when trading with bitcoin or altcoin, some time demo account not impact with strong adrenaline when trading on bitcoin or another trading kinds.
whereas if you want to apply the lessons learned from technical analysis obtained from reading or looking at other references, it would be better to use a real account.
although both provide experience in trading. but indeed the results will be different if you use a real account. it will make us more careful in trying and doing analysis. Of course, it can minimize the risk.
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