Okay the tips you have given here is good, though its no longer new, but the heading is wrong, cause there is no way you can end loss. In trading, you can't trade without losses the only thing you can do is reduce the rate of losses that comes and try to make more profit than the losses, that means your trade for that day was profitable and not a waste. Having goals and strategy doesn't mean that there isn't going times when loss will occur.
Losses ate going to us open but it's left for you stop it at the earlier by making use of stop loss, you can then get back in the trade and apply the rightful strategy to recover the little you lost and also make some extra gain.
Topic: Tips to actually start earning from Trading & END LOSES - page 2. (Read 824 times)
Other startegy is very nice but not all because some information I think it's not works but thank you for sharing.
Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money. But for the startegy we can use it to start earning money.
Everything is possible for a trader who has the proper knowledge of how to deal with it in different conditions but is impossible for those who are not much enriched with the knowledge of how to trade and understand it. Technicalities when are fully understood by a trader then there is nothing much difficult that can prevent us to reach out at our target. The most preferred strategy is to hold it for bull. Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money. But for the startegy we can use it to start earning money.
having a low market cap is not the reason why trading those tokens is a bad idea. the fact that they are purely pump and dump coins makes trading them a bad idea specially for a newbie who is not yet familiar with trading or with the market itself.
otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck.
otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck.
Basically new traders have fear about trading during the pumping time. Its because they think that its already climbed up a lot and now its gonna crash down rapidly where in most of the cases they lose the chance by this way. Yeah its true that nowadays coin price manipulated by a group of traders or investors. So its pretty much tough to predict about a coin price. In that situation its really important to be updated about the pumping trade.
There was a time when coin manipulation wasn't a common thing on the field of crypto trading but currently its been a daily Incident for Worldwide traders. For this reason many new traders lose their fund for lack of experience and manipulation is also convicted for that.
This period, traders should have seen that it’s a period where every increase we see must surely have a dip, all they need to do is just to wait for the price to go very high first, After which it won’t be long before they see a price retrace for them to buy, no matter what the retrace is, it will always bound back because the market is already in an uptrend market, so there is no fear of bears again.
Right now there development of Bitcoin is more increased so in this time we need to do the trading little by little boy only when you sell and buy very quickly it will not give any profit so invest long time under trade that is the only opinion from me in this situation.
To get a better result in trading you need to adapt yourself for the current situation otherwise it will not been useful for you especially trading is filled with tips and strategies if you follow the same strategies also you cannot be successful so making your tips and strategy for the situation and its needs it will really helpful for getting extra profits.
Other startegy is very nice but not all because some information I think it's not works but thank you for sharing.
Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money. But for the startegy we can use it to start earning money.
No one can be always successful so strategy is also will not work 100% and others stratgy will not work perfectly for you,just get inspire from the strategy and create your own which will work perfect for you. Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money. But for the startegy we can use it to start earning money.
having a low market cap is not the reason why trading those tokens is a bad idea. the fact that they are purely pump and dump coins makes trading them a bad idea specially for a newbie who is not yet familiar with trading or with the market itself.
otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck.
otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck.
Basically new traders have fear about trading during the pumping time. Its because they think that its already climbed up a lot and now its gonna crash down rapidly where in most of the cases they lose the chance by this way. Yeah its true that nowadays coin price manipulated by a group of traders or investors. So its pretty much tough to predict about a coin price. In that situation its really important to be updated about the pumping trade.
There was a time when coin manipulation wasn't a common thing on the field of crypto trading but currently its been a daily Incident for Worldwide traders. For this reason many new traders lose their fund for lack of experience and manipulation is also convicted for that.
Right now its the ideal moment to use the RSI to trade. After big gains like we just had, check the 5 minute charts and you will see every time the RSI was oversold bulls bought the dip, when this stopped happening we saw the small dump to 7000$.
RSI doesn't hold much value as long as the demand is stronger than the supply that's being dumped on the market. It has been oversold for so long that people kept calling a dump till the dump actually came.If you call dumps long enough you'll be eventually right. It's not based on any technical understanding, but purely a lucky guess. The market has fooled a lot of chart cowboys in the last couple of weeks.
People are better off staying away from short term trades and stick to hodling and secure small fractions of profit every 20-25% the price goes up from here. Trading retail fomo is gambling, can't make anything else of it.
Actually it does hold a lot of value but you have to use it in the opposite direction. As I said, bitcoin had big gains these 2-3 weeks, the RSI was overextended on the daily chart for days, however when you look at the smaller time frames like the 5 minute chart you can see the RSI works very well in the opposite direction (when it's oversold)
Clear example here:
https://gyazo.com/63cea083382aa3fd8376a6496a97b35b
Literally everytime the RSI was oversold a big bounce happened, 200-300$ within a few minutes.
Other startegy is very nice but not all because some information I think it's not works but thank you for sharing.
Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money. But for the startegy we can use it to start earning money.
Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money. But for the startegy we can use it to start earning money.
I agree with you on everything. Self-discipline and strict adherence to my goals helped me a lot in my time. Your every step must be thought out to the smallest detail. If you are ready for any outcome, it will make you almost invulnerable. Therefore, only a small percentage of traders really earn well, because it requires a lot of effort.
Only few people consider trading as serious thing and they are doing all the things as much as they can and they are getting benefits as well.Many people think giving time is only enough to make profits but it won't,when we have only the desire of making money it will give the boost to work but we need to find the right way of doing it then only we also can be one on those few successful traders. Right now its the ideal moment to use the RSI to trade. After big gains like we just had, check the 5 minute charts and you will see every time the RSI was oversold bulls bought the dip, when this stopped happening we saw the small dump to 7000$.
RSI doesn't hold much value as long as the demand is stronger than the supply that's being dumped on the market. It has been oversold for so long that people kept calling a dump till the dump actually came.If you call dumps long enough you'll be eventually right. It's not based on any technical understanding, but purely a lucky guess. The market has fooled a lot of chart cowboys in the last couple of weeks.
People are better off staying away from short term trades and stick to hodling and secure small fractions of profit every 20-25% the price goes up from here. Trading retail fomo is gambling, can't make anything else of it.
You can't really avoid or end losses in crypto trading, the nature of how it is unpredictable and volatile makes predicting the prices really hard, so loses are bound to happen at some point no matter how confidant you are with you trades, the only way to minimize the loses is by maxing your profits, and to do that you need to actually know what you are doing and not just doing what you see others saying or predicting how the price is gonna change, but you have to be patient and not greed, and make your decision based on your own knowledge.
I agree with you on everything. Self-discipline and strict adherence to my goals helped me a lot in my time. Your every step must be thought out to the smallest detail. If you are ready for any outcome, it will make you almost invulnerable. Therefore, only a small percentage of traders really earn well, because it requires a lot of effort.
Do they ever work in crypto? I mean newbies trade trash tokens with a market cap below $5m and they plan of making money with technical analysis, seriously? Even Bitcoin can be considered as a low market cap asset now.
having a low market cap is not the reason why trading those tokens is a bad idea. the fact that they are purely pump and dump coins makes trading them a bad idea specially for a newbie who is not yet familiar with trading or with the market itself.
otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck.
''journals of big traders'' all this fancy words..... investing is no doubt the most risky, most difficult thing. All those people see on the internet teaching investing, forex etc. quotes, videos, e-books. All total bullshit.
Let me tell you what you need to be successful in investing, trading and business, you need money! that can keep you in the game even when you fail and make huge loss many times.
I actually like the tips and found it really true you really need to follow it in order to trade properly ,
But the only thing is it really sounds so easy but so hard to do we all know it and most of us are still losing some money at trading.
We know what we did wrong but we still get to do it on the future because of our greed and it is so hard to control it.
When we literally doing it, it's challenging and exciting at same time. Most of the time trading requires dedication to push it, better do day trading when have time to really earn, some coins are meant to be trade as others to hold But the only thing is it really sounds so easy but so hard to do we all know it and most of us are still losing some money at trading.
We know what we did wrong but we still get to do it on the future because of our greed and it is so hard to control it.
Right now its the ideal moment to use the RSI to trade. After big gains like we just had, check the 5 minute charts and you will see every time the RSI was oversold bulls bought the dip, when this stopped happening we saw the small dump to 7000$.
It's hard not to trade on emotions but you have to remember this is a game and we have to always look forward,don't look backwards once a trade is executed. Little profit is not a bad word my friends, be contented of a the small amounts you gained. It is better safe +10% than a wannabe +100% of no assurance, people are just greedy sometimes but can't blame them, we are human after all.
Being in greedy will never have a good result but instead, it mostly ended up into losing. Ain't that really bad if we go for emotion trading if we know our mistakes and even recognized our limits. It sometimes I used to have my instinct will play in trading and it is quite some time that it will work well. 
I don't think you need to mess your trading plans and strategies like making an increase in margin trade or leverage just to make you hfun, a passionate trader will certainly be fun with whatever plans they make, whether fixed strategy or something like that. I don't blame you if you're boring, but it looks like you don't enjoy every process in trading
I wouldn't call it fun. I think if you derive fun from trading, you must either have a lot of money that you can afford to lose, or you're earning a commission and trading other people's money so there's no repercussion for making bad calls in trading.
Passion I can understand. Even enjoyment. But I'm not sure about fun. I can enjoy something without seeing it as fun, I can have fun without really enjoying.
And Crypto? I enjoy. There's very little fun.
I actually like the tips and found it really true you really need to follow it in order to trade properly ,
But the only thing is it really sounds so easy but so hard to do we all know it and most of us are still losing some money at trading.
We know what we did wrong but we still get to do it on the future because of our greed and it is so hard to control it.
But the only thing is it really sounds so easy but so hard to do we all know it and most of us are still losing some money at trading.
We know what we did wrong but we still get to do it on the future because of our greed and it is so hard to control it.
It's hard not to trade on emotions but you have to remember this is a game and we have to always look forward,don't look backwards once a trade is executed. Little profit is not a bad word my friends, be contented of a the small amounts you gained. It is better safe +10% than a wannabe +100% of no assurance, people are just greedy sometimes but can't blame them, we are human after all.
Being in greedy will never have a good result but instead, it mostly ended up into losing. Ain't that really bad if we go for emotion trading if we know our mistakes and even recognized our limits. It sometimes I used to have my instinct will play in trading and it is quite some time that it will work well. Jump to: