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Topic: Tips for good trading - page 2. (Read 3423 times)

sr. member
Activity: 1638
Merit: 255
September 24, 2022, 07:51:01 AM
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.
Beginners don't need to rush and that's right it's better to start from a demo account,
Crypto is a big risk and if we don't have basic knowledge and skills of course the opportunity to experience losses is very large,
The most important thing is to focus on continuing to learn

Actually, many newbies misunderstand crypto trading, they think crypto trading is simple just buying low and selling high. Even though
trading crypto is not as easy as one might think, that's why more people fail to trade than those who succeed. That's because too many newbies
rush into the crypto world, without any prior preparation. Whereas to be a successful trader requires a long process, we must first learn about
the crypto world, after that we can learn basic trading knowledge and just multiply trading practice. It will be more efficient if we practice trading
using a demo account, so we do not spend money to practice trading. If after practicing with a demo account our trading skills begin to improve,
we can start real trading with small capital and try trading on top coins, so the risk is not too big. Another important thing is never to give up
if we fail, and keep trying to fix every mistake we make. Slowly, we will naturally be able to find a good way of trading, and finally can make
a satisfying profit from crypto trading.
sr. member
Activity: 1246
Merit: 262
September 24, 2022, 04:35:39 AM
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.
full member
Activity: 910
Merit: 100
September 24, 2022, 03:31:23 AM
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.
Beginners don't need to rush and that's right it's better to start from a demo account,
Crypto is a big risk and if we don't have basic knowledge and skills of course the opportunity to experience losses is very large,
The most important thing is to focus on continuing to learn
sr. member
Activity: 1554
Merit: 374
Vave.com - Crypto Casino
September 23, 2022, 08:41:14 PM
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.
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.
legendary
Activity: 2226
Merit: 1086
duelbits.com
September 22, 2022, 06:47:07 PM
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.
I think using a demo account is optional, I never did it. But if you are not sure to trade directly, using a demo account is necessary. The most important thing that you need to apply is using a small number of funds only if you are still a beginner. Don't be greedy and think you already know everything about crypto trading. Just make sure that you begin the trading journey in a safe way and don't forget to continue learning about trading from many sources. Mastering demo account doesn't mean you finally become a professional trader, you always need to improve your trading knowledge.

sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
September 22, 2022, 03:27:11 PM
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.
Demo trading is really just good for familiarization of tools and indicators but it wont really be that much effective if you are really that making yourself do learnt up things fully because the thing that you would

really miss out is to how to handle up your emotions.This is a certain thing which you cant really mold up nor enhanced when you do make out demo trading because we know that you would really be that

confident on making trading positions or actions if you do know that you cant lose real money which is entirely different when you are already using up real funds on a live account.
You could eventually tell the difference.
member
Activity: 364
Merit: 13
September 22, 2022, 09:45:03 AM
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.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
September 21, 2022, 01:44:13 PM
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.
full member
Activity: 854
Merit: 100
The OGz Club
September 21, 2022, 10:34:23 AM
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
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
September 21, 2022, 01:30:33 AM
A person should be aware of indicators that will guide them in tracking pricing because it is great knowledge if someone is unfamiliar with trading and getting such ideas will help them trade. Some people simply try to base their beliefs on social media, therefore I'll counsel you to read carefully about trading methods before relying upon them because there are times when you'll hear misleading information.
jr. member
Activity: 98
Merit: 2
June 16, 2022, 12:39:20 PM
I used to think that a very good option is to trade based on other people's trades. Now I am convinced that this does not bring practically any experience. Most often, this simply allows the trader to relax and think less for himself.
sr. member
Activity: 2002
Merit: 250
June 16, 2022, 03:05:07 AM
Thanks for the tips you offered us; I want to become wealthy overnight. Some of the trading success stories I've heard. It gives me the courage to go out and start trading, even though I'm still losing money. I was about to give up, but after reading your advice, I'm going to follow it step by step to avoid making the same mistakes I did in the past.
Get rid of that mindset far away because it looks too naive to get rich overnight,
either profit or loss it's all part of trading so let's just say you are on the process to profit,
I hope you really can learn from mistakes and succeed
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 16, 2022, 02:17:14 AM
Additionally, you need to have a trading journal that will be a written one. I can't over emphasise the importance of this. You will saddle it with info like why a particular trade is picked, stop loss and take profit, invalidation points and many more.

A good practice to have a good basis or system that you can always check before you place your investment. It will continue to remind you of how you will react to whatever the market is moving. There are times that your entry won't be hit but the good catch in using this journal i to check again if the patterns is not applicable with the current market movement, you can adjust and change it up, either cutting your losses or adding additional investment for new entry position.
hero member
Activity: 2968
Merit: 687
June 15, 2022, 06:46:22 PM
Additionally, you need to have a trading journal that will be a written one. I can't over emphasise the importance of this. You will saddle it with info like why a particular trade is picked, stop loss and take profit, invalidation points and many more.
Not really that much needed base on real trading experience, i have test or experience on having journal but turns out to realize that it would really be hard to stick into patterns considering the market could move in

different variations which combinations  and patterns is something that hard or a challenged to check everynow and then.The best thing to have is your experience where on the time you had encountered similar

scenario then you would already familiarize yourself and act accordingly on what you do have learned in the past which this is something i do prefer rather than on having a journal.
sr. member
Activity: 425
Merit: 252
June 15, 2022, 05:42:06 PM
Additionally, you need to have a trading journal that will be a written one. I can't over emphasise the importance of this. You will saddle it with info like why a particular trade is picked, stop loss and take profit, invalidation points and many more.
member
Activity: 854
Merit: 13
Axioma Holding - Axioma Pay Crypto Card
June 15, 2022, 04:17:00 PM
Thanks for the tips you offered us; I want to become wealthy overnight. Some of the trading success stories I've heard. It gives me the courage to go out and start trading, even though I'm still losing money. I was about to give up, but after reading your advice, I'm going to follow it step by step to avoid making the same mistakes I did in the past.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 15, 2022, 05:31:51 AM
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.
full member
Activity: 1190
Merit: 111
June 07, 2022, 09:27:21 AM
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.
sr. member
Activity: 1526
Merit: 255
June 07, 2022, 04:44:18 AM
The most important thing I would like to advise, especially for beginners, is to take the time to learn on a demo account. This is a really good chance to get the desired result. Working with a broker from AMarkets, I did just that.

I think studying in a demo account will not make us excited, it's better to try with a small value for example $ 150, if we use money then we will be serious about learning about many things such as technical analysis, trends and so on.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
June 06, 2022, 05:32:28 PM
That's a mistake that has been happening and those that have done it don't do it again. But the newbies are the ones that have the urge and courage of doing it.
I've never done this thing because I know that it's not going to have a good ending. Mistakes such as borrowing for trading and even gambling will never get old.
Because time and time again, there will be those that will not listen to the mistakes of other people that chose to do this and resulting to have a bad outcome.
I think they will come to their senses when they feel the loss due to their mistakes,
we know that many people have shared stories or given advice not to do it all,
but in the end there will always be people who repeat mistakes like that
And it's too late for them to realize that they've done a mistake but it's never too late to learn from that mistake. There have been so many people that did it and it didn't help them on whichever side you want to take a look at. Those who listen don't have to go through that failure and experience but those that don't listen, they'll experience it a hard way just as the others that have done it before. It does matter if you want to listen and if you don't, it also matters and you'll take a long way if you're into this market in getting used to it.
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