Trade by yourself - page 3. | Bitcointalksearch.org

tbterryboy

sr. member

Activity: 1988

Merit: 322

Quote from: Anyobsss on October 04, 2020, 01:32:10 PM

Quote from: oHnK on October 02, 2020, 11:34:02 AM

~

Quote from: Janation on October 02, 2020, 04:53:38 AM

~snip.

As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone. What I have learned is that trading by your self will provide a greater risk of loss. Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced

Not relying with others will definitely improve your individual skill but if you're losing, it will not hurt you to ask someone here in this forum. Always remember that no man is an island.

Yes and trading in isolation does not work for everyone because some people can trade in isolation but usually most traders require information and input from market to understand better and make more percentage trades.

Trade by yourself can be understood wrong, I mean yes trading by ourselves means we should not do things like copy trading but trading our own does not mean that we stop learning from market movements and analysis from experts. I personally listen to everyone and read a lot of articles but only for my knowledge so that when I am at my trading PC I can use all that information and make the best possible trades.

it is more like you listen to everyone but your actions must not be forced by others, learn and move on.

BTCappu

member

Activity: 516

Merit: 38

Quote from: CODE200 on October 05, 2020, 07:48:20 PM

You can ask for other people's guidance on learning how trade but on the trading proper or the application of what you learned to be applied on the actual trading must be done by your own and not be dependent on the other people.

A lot of people replicate other's trades because they believe if someone is more successful than us then there is no problem or shame in walking behind them and I sort of agree that as long as you make profits you are good no matter if you follow someone else. trading by self is good but if someone else is doing good and you have the chance to follow them, just do it.

Lanatsa

hero member

Activity: 2954

Merit: 683

Quote from: ?? on ??

Quote from: MWesterweele on October 08, 2020, 10:41:18 AM

Quote from: CODE200 on October 05, 2020, 07:48:20 PM

You can ask for other people's guidance on learning how trade but on the trading proper or the application of what you learned to be applied on the actual trading must be done by your own and not be dependent on the other people. Instead of asking other people to trade for you, better learn it and experience it on your own so you can basically learn how to do it. Trading involves money and when it comes, anything can happen such as betrayal and scam even if your most trusted friend is the one you asked to do the trade. You know why? It is their human effort and not yours, the fund is just your but that won't make sense for the earnings are justifiable to supposedly be their own because they have done the job. Now, if you do not want that trouble to come along, better do it on your own self rather than depending it into other people to do the trading for you.

To be honest if in your family or friends you are the only one who knows how to deal with cryptocurrency it would be difficult for a newbie to asks for suggestions and ideas for guidance. Lucky enough if you have some friends who know cryptocurrency also and knowledgeable enough so that you may have a guide on how do you trade. But if ever you do not know someone, better to get learn by your own, used the platform that offer knowledgeable information like for example this forum is a helpful tool too.

In today’s world learning has become very easy through google, YouTube, this forum etc. As well in friends group not many were aware about the bitcoin initially. So helped them on basics and gave the idea about the exchanges, different coins and platforms and how it works etc. then later on some of them got interested and today they are doing well and part of the bitcoin holders now.

If you are not that lazy then you'll surely find your way on learning up things on your own since everything can be searched up and those paid courses information are just info
that can be found freely on net that's why its dumb to pay up just for you to learn.

You can learn and trade for yourself.You don't need those paid courses or seminars just for you to involved with trading.Its up to someones effort if he's really serious
on learning and not rushing things up.

Always put up in mind that learning cant be learn on few days or hours.It would take years at least for you to be profitable.

bitcoin31

hero member

Activity: 1834

Merit: 523

You just need to help yourself to grow because if you are lazy to make a research and buying only a coin there is big chances to the money that you invested will be lose because maybe your knowledge is not enough to see what is good and bad coins. The only help you is yourself if you want to earn more just study and discover something without asking or getting help of others traders.

Eureka_07

sr. member

Activity: 1764

Merit: 260

Binance #SWGT and CERTIK Audited

Quote from: Smartvirus on October 08, 2020, 12:09:49 PM

It's always best to know analysis to a great depth yourself and very every signal personally before trading them. That way, your sure of a favourable outcome and knows just the right time to get out of a trade.

I bet even if someone is almost have expertise or has lots of experience on market analyzation, it still will be challenging to tell the best time when to get in or out of the trade.
So much to consider, some unexpected things might happen.
For me it's best to trade using my own knowledge as this can help me to understand more gradually how these things works.
And I know that will help me a lot in the future.
Also I don't want to put my investments on other's shoulders.

Smartvirus

legendary

Activity: 1554

Merit: 1139

Trading by yourself is very idea if you want to succeed in trading. Besides, not all signals start at the very speculates point and as such, the person given the signal is probably more naturally believed to be more experienced than yourself, often an institute and with a large account size at that, capable of holding a position for a long time to wait for the speculates activities in the signal to start playing out.
Supposing, you enter into a trade with such person, you probably would have blown your account judging from the fact that, your account is probably going to be less in comparison to the institute or user given the signal before the days event start playing. Then, you complain of wrong signals mean while, it's you who has not the capacity to hold long positions.
It's always best to know analysis to a great depth yourself and very every signal personally before trading them. That way, your sure of a favourable outcome and knows just the right time to get out of a trade.

MWesterweele

hero member

Activity: 1372

Merit: 564

Quote from: CODE200 on October 05, 2020, 07:48:20 PM

You can ask for other people's guidance on learning how trade but on the trading proper or the application of what you learned to be applied on the actual trading must be done by your own and not be dependent on the other people. Instead of asking other people to trade for you, better learn it and experience it on your own so you can basically learn how to do it. Trading involves money and when it comes, anything can happen such as betrayal and scam even if your most trusted friend is the one you asked to do the trade. You know why? It is their human effort and not yours, the fund is just your but that won't make sense for the earnings are justifiable to supposedly be their own because they have done the job. Now, if you do not want that trouble to come along, better do it on your own self rather than depending it into other people to do the trading for you.

To be honest if in your family or friends you are the only one who knows how to deal with cryptocurrency it would be difficult for a newbie to asks for suggestions and ideas for guidance. Lucky enough if you have some friends who know cryptocurrency also and knowledgeable enough so that you may have a guide on how do you trade. But if ever you do not know someone, better to get learn by your own, used the platform that offer knowledgeable information like for example this forum is a helpful tool too.

electronicash

legendary

Activity: 3178

Merit: 1054

the simplest indicator to be learned by a newbie is the RSI which will give signals like 70 and 30 which they can buy and sell. by learning this RSI they can already try the swing trading.

but it could also be used for for futures if you are quick to know it all. in the 1 hour to 4 hour chart. this is too risky for a newbie and i dont even try it because it takes a lot of practise to get use to the exchange GUI. accumulating BTC or other tokens thru the use of RSI and other indicator of your choice is already enough/.

Freddy11

jr. member

Activity: 391

Merit: 1

The simplest formula to work towards gaining is by doing it yourself. I do just that with help us reading forecast and all such stuff. Currently, I use Market Analysis available by FreshForex. It helps me a lot and is very simple formula to how one is able to gain.

militiariko

member

Activity: 297

Merit: 10

Life is beautiful !

Quote from: oHnK on October 02, 2020, 11:34:02 AM

Quote from: Janation on October 02, 2020, 04:53:38 AM

Quote from: Cryptoababe on September 26, 2020, 08:22:08 AM

Quote from: Lorokan on June 22, 2020, 05:00:48 AM

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yes, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I think I understand this differently.

It is great that you could trade by yourself but I don't think that should also mean not relying on other people especially if you are not that skillful enough to create your own strategy or profit. You could learn a lot of things from experienced ones and if you know you can do it yourself, then I guess that is the time that you make your own and needed to be relied on by others.

As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone. What I have learned is that trading by your self will provide a greater risk of loss. Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced

As a newbie in practice, when you notice more losses than profits, you need to sit back and find out what it is that you are doing wrongly, it could be wrong chart analysis or another. Then correct the mistakes

You can then link up with an experienced personnel, compare your results and analysis with theirs and with time, you Wil be in the right position.

All trading need is consistent training, correction of errors and meow practice. Keep going for it and dyor

lanos925

newbie

Activity: 17

Merit: 0

Today I'd recommend Changelly Pro as it's a very good start. It has a very intuitive and clear interface, helpful tools, and different hints for comfortable trading. Support will guide you through any problems if they suddenly occur.

CODE200

sr. member

Activity: 1428

Merit: 308

You can ask for other people's guidance on learning how trade but on the trading proper or the application of what you learned to be applied on the actual trading must be done by your own and not be dependent on the other people. Instead of asking other people to trade for you, better learn it and experience it on your own so you can basically learn how to do it. Trading involves money and when it comes, anything can happen such as betrayal and scam even if your most trusted friend is the one you asked to do the trade. You know why? It is their human effort and not yours, the fund is just your but that won't make sense for the earnings are justifiable to supposedly be their own because they have done the job. Now, if you do not want that trouble to come along, better do it on your own self rather than depending it into other people to do the trading for you.

Anyobsss

full member

Activity: 784

Merit: 135

DeFixy.com - The future of Decentralization

Quote from: oHnK on October 02, 2020, 11:34:02 AM

~

Quote from: Janation on October 02, 2020, 04:53:38 AM

~snip.

As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone. What I have learned is that trading by your self will provide a greater risk of loss. Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced

Not relying with others will definitely improve your individual skill but if you're losing, it will not hurt you to ask someone here in this forum. Always remember that no man is an island.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: oHnK on October 02, 2020, 11:34:02 AM

Quote from: Janation on October 02, 2020, 04:53:38 AM

~

As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone. What I have learned is that trading by your self will provide a greater risk of loss. Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced

That is your mistake.

You don't need to shoulder trading by yourself, it is not that wrong to open sometimes to other people especially in this forum since there are a lot of people that are willing to help you here. You should tell what you are doing so people could point out the mistakes you are doing. Losses is normal but you could reduce that risks you are taking and it is like you are doubling that up since you are inexperienced.

oHnK

hero member

Activity: 1414

Merit: 574

Quote from: Janation on October 02, 2020, 04:53:38 AM

Quote from: Cryptoababe on September 26, 2020, 08:22:08 AM

Quote from: Lorokan on June 22, 2020, 05:00:48 AM

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yes, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I think I understand this differently.

It is great that you could trade by yourself but I don't think that should also mean not relying on other people especially if you are not that skillful enough to create your own strategy or profit. You could learn a lot of things from experienced ones and if you know you can do it yourself, then I guess that is the time that you make your own and needed to be relied on by others.

As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone. What I have learned is that trading by your self will provide a greater risk of loss. Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced

Janation

hero member

Activity: 1722

Merit: 528

Quote from: Cryptoababe on September 26, 2020, 08:22:08 AM

Quote from: Lorokan on June 22, 2020, 05:00:48 AM

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yes, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I think I understand this differently.

It is great that you could trade by yourself but I don't think that should also mean not relying on other people especially if you are not that skillful enough to create your own strategy or profit. You could learn a lot of things from experienced ones and if you know you can do it yourself, then I guess that is the time that you make your own and needed to be relied on by others.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Maroons on October 01, 2020, 08:12:19 AM

Quote from: Cryptoababe on September 26, 2020, 08:22:08 AM

Quote from: Lorokan on June 22, 2020, 05:00:48 AM

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yes, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I agree that having your own way of doing things like in trading will helps you grow faster but don't rely on that completely for you are a newbie, in that level you should ask more to your friends who already knew trading and its not a bad thing because you are just starting, its like asking for reviewers before taking your exam, but of course after this level where you already knew the basics amd the normals things you need to do that is the time where you do own experiments, strategies and every plan you come up by yourself.

You can either do both things neither you do ask someone for some keypoints or help or would just simply do make out some search just for yourself.
It depends and varies to each person because not all are really fan on asking help but instead they do learn up all for themselves yet come to think that
all information that we do need can really be searched up online on which you can learn from it but its still ideal to consider on reading up others experience
since this will add up into your knowledge which can really be useful into your trading career.

Summing it all for the sake of your own advantage will be much preferred or a must thing to have in mind, as long you do make profits in the end
of the day then thats what matter most.

Maroons

jr. member

Activity: 96

Merit: 3

Quote from: Cryptoababe on September 26, 2020, 08:22:08 AM

Quote from: Lorokan on June 22, 2020, 05:00:48 AM

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yes, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I agree that having your own way of doing things like in trading will helps you grow faster but don't rely on that completely for you are a newbie, in that level you should ask more to your friends who already knew trading and its not a bad thing because you are just starting, its like asking for reviewers before taking your exam, but of course after this level where you already knew the basics amd the normals things you need to do that is the time where you do own experiments, strategies and every plan you come up by yourself.

Cubus

member

Activity: 331

Merit: 14

Quote from: vSliceDev on September 24, 2020, 07:39:25 AM

right. When I started trading, I was involved in many signal groups. and when I received many signals and I was confused. I don't know how to set the stoploss properly and I don't know how to set the target. I was even more worried about my trading orders when I started making open orders. after such a bad long time, I realized that I should trade by myself. And since then, I've won more and I'm not as nervous as when I heard the signal from others. Trading by yourself will help us learn a lot.

Yes, you are right, because if you follow someone`s patterns you may lose – no one guarantees that copying trading activities or signals can get you a profit. Regarding setting up stop-loss properly, I use https://www.cryptoview.com to manage my trades and it helps me a lot. They support most of the exchanges and it saves me a lot of time.
But yes, completely agree with most of the comments so far, the best way to learn is by observing the market and making your own decisions, based on drawn conclusions, knowledge and experience, and remember not to panic.

Cryptoababe

member

Activity: 898

Merit: 19

Do it For Better Humanity (Bitget trader)

Quote from: Lorokan on June 22, 2020, 05:00:48 AM

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yes, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

Topic: Trade by yourself - page 3. (Read 9143 times)