Topic: Trade by yourself - page 8. (Read 9143 times)
It is not possible to succeed in any kind of business without learning and trading without learning, whether it is a cryptocurrency, commodity or forex trading. If one wants to trade in a successful way, then one must take education. No work can be successful without education.
Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.
This is critical it seems some people are in a hurry to trade but they forget the main reason why they are trading at all which is to earn money, if you can earn a significant amount of money with just one trade then that is better than earning money with 10 trades and there are several reasons for that, to begin with it is easier to make only one trade, you lose less money on commissions and you have to pay less taxes, and yet instead of choosing this style of trading many prefer to become day traders and make several trades per day despite the huge disadvantages this presents to them. 
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
Actually, it is really good to rely on your own knowledge and strategies that you have gotten from studying and the experience on trading. But asking for the opinion of others is a wise decision. They probably do have some knowledge that you do not still have, it might be helpful ti you. This is why forums are created, for people to collaborate and to learn with each other. Do not be afraid to ask for any help. Grow. You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.
Relying on signals from different groups can make us a worse trader, most of signals are fake and they are only doing to earn money. For those who rely on signals or pump or dump group, be prepared to the consequences because for sure you will incur a lot of losses. Learning technical analysis is not easy because you should be motivated and have courage to welcome new ideas and skills. Relying to yourself is what you need, do not give care about other people opinions about trading. 
One of the fundamental requirements for long term and outstanding profitability in trading is the contrarian ability to consistently go against mainstream sentiments and analyses.
One needs to go far beyond textbook prescriptions and academic literature to be able to develop a unique style of trading, and this definitely involves individualistic touches, at least in part...
One needs to go far beyond textbook prescriptions and academic literature to be able to develop a unique style of trading, and this definitely involves individualistic touches, at least in part...
Trading is much better if we have knowledge of how to do trading with low risk and high profit.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
I try it too when i have firat trading, so strat trading now guys.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
I try it too when i have firat trading, so strat trading now guys.
You have cited a good example in doge to be used in practice for trading. Doge is a consistent token you csn use to practice, but just for a while if we consider that the crypto currency market is inconsistent, with so many risk and other unfavorable factors.
Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.
Trading is much better if we have knowledge of how to do trading with low risk and high profit.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
Get into trading with the possible low risk must be the right approach but you cannot expect high profit from that. Your low risk trading will get you low level of profits for the same time period because market movements are always in percentage basis; you cannot expect to make 1bitcoin out of $100 worth of capital, for example.And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
Dogecoin trading will get you opportunities to learn about market conditions but it will be better if you do not expect any big returns from that trading. Because, when you're beginner in trading it is always good to expect only knowledge rather than profits. If you are able to manage trading million number of dogecoins, then it has sense to expect profits out of it. Otherwise, just making use of your trading for gaining knowledge and experience must be the right way.
Its up to you on how you do make yourself effective into this field, it might not be easy but really be worth it once you do able to take a grasp on it.
The beginning period must be too challenging one; due to the fear factor, most traders are hesitating to face those beginning period which eventually leads to make them inefficient in trading. If you are able to bear all the pains of beginning stage then you can find the worth of it later on. 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
You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
I agree with you, the best way to go about profitable trading is if you learn to trade it yourself rather than depending on others for trade signals and analysis. It might take time, seems even difficult or you might end up losing quite some fortune but keep the spirit high and one day, it would pay up
Trading is much better if we have knowledge of how to do trading with low risk and high profit.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
I try it too when i have firat trading, so strat trading now guys.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
I try it too when i have firat trading, so strat trading now guys.
I have always thought of subscribing to signals for easy gains on profit. Reason being that, it seems to me that analysing crypto/forex market takes allot of time and energy while that is not the only job someone is doing online at the moment.
If you want to make money in the markets then it is obvious that analyzing the markets is going to consume a significant amount of your time but it is worth it, it is easy to think to make use signals and make money faster that way, but for the most part the business of signals is a scam, and this is true not only in this market but in any market as if a person was able to predict that a stock was going to rise it will be more profitable for that person to invest his money in such stock than to sell his advice to someone else for peanuts.As a trader, never ever consider on relying into those informations or analysis that are floating around and its always better to make your own analysis and thats the time you do get others analysis and its up to you
if you apply it or not into your own.Trading by yourself is a must yet all of informations are already in the net which you can search it for your own and learn up in the process.
Its up to you on how you do make yourself effective into this field, it might not be easy but really be worth it once you do able to take a grasp on it.
I also agree with you that if one understands the importance of trading the most and knows the details, then I think that if one trades there will definitely do something good if he can use the right skills. Since most traders are new and they always try to figure out how to make more profit they trade in the wrong way, but if you trade using your skills you will definitely be able to make a good profit.
Also doing the trades by yourself gives you the knowledge and slowly you gain confidence while if you just give money to others and ask them to trade for you, there are many problems.1- They will always keep some commission for themselves
2- You give the control to them, they can make separate you once they have the capital of their own.
3- You only earn but you learn nothing.
So, I also agree that doing trades by yourself is way better and yes you will face loss more often in beginning but that is part of the learning with trading.
I have always thought of subscribing to signals for easy gains on profit. Reason being that, it seems to me that analysing crypto/forex market takes allot of time and energy while that is not the only job someone is doing online at the moment.
If you want to make money in the markets then it is obvious that analyzing the markets is going to consume a significant amount of your time but it is worth it, it is easy to think to make use signals and make money faster that way, but for the most part the business of signals is a scam, and this is true not only in this market but in any market as if a person was able to predict that a stock was going to rise it will be more profitable for that person to invest his money in such stock than to sell his advice to someone else for peanuts. It is very good if you have someone to invite, someone to advise or help learn how to trade cryptocurrency in order to get a really good experience. But I believe that most do not have such an opportunity, at least I myself study all this science according to my capabilities, while always listening to accessible seminars for cryptocurrency traders.
Unfortunately most of the people here are like you because the professional traders usually could not find time to guide us. This is the reason we are not having any mentor for guiding us to have profitable trading even we are having lots of friends. I started crypto trading on my own wish and learned everything with the help of google, youtube and this forum but my friend who is into forex trading just guided me what to do and what should be avoided.There are many books that are focused on technical analysis, not bad, but technical analysis appears anywhere, sometimes it is worth reading the books that are from experienced market speculators like Wyckoff, Livermore, investors like Warren Buffet
But these days, we are getting lots of resources online which helps you like a mentor to make you excel as a trader by yourself. I agree books are always good but by considering which is easily available, I guess we must need to go with online things as books are not easily findable for my case given to my country and shipping facilities. Well if you are a newbie you cannot trade by urself, because you are in a learning stage and maybe you are prone to loss funds. I think you need to refer an experienced friends or relative to teach you for good trading is really an amazing way to earn profit but you can also loss on it if you are a newbie without any experience on the trading feild. So i suggest to ask help to avoid losing.
It is very good if you have someone to invite, someone to advise or help learn how to trade cryptocurrency in order to get a really good experience. But I believe that most do not have such an opportunity, at least I myself study all this science according to my capabilities, while always listening to accessible seminars for cryptocurrency traders. nevertheless, the trading results are still low and very far from my goals.
Well if you are a newbie you cannot trade by urself, because you are in a learning stage and maybe you are prone to loss funds. I think you need to refer an experienced friends or relative to teach you for good trading is really an amazing way to earn profit but you can also loss on it if you are a newbie without any experience on the trading feild. So i suggest to ask help to avoid losing.
Trading is a competitive enterprise, you make profits based on other peoples loses. that is why it is always a bad idea to go with "signals" every other person is using. There is little potential to make profits from such since everyone is using it. You best is to learn it professionally, overtime you become proficient in it
If you want to make more earning trade on your own most of the people today are making a trade without having a good preparation one of the best examples is making a trade without having enough knowledge in trading signals, trading indicators and market movement like reading the next move of the coin.
Some of people think that trading is easy, little they did know that they still need to study the market, the fundamentals, market situation as general, indicators and specific coin movement. These things are common misunderstood by some, so tendency the would lose when trading, they are like hunting for a deer without a gun coz they can't really catch the profit. Trading on your own is very beneficial especially when you have influence, some people might seek your advice.The last decision is your trade on your own or not.
There are platform that has a copy trade option, I cannot remember where platform it is but I'm sure I already see it. It is not bad to copy trade, it's not a sin but the expense of doing that is your own chance of getting involve in the market, attaining knowledge so you could trade on your own the next time. 
To learn to operate oneself, it is necessary to have enough illustrated, especially with Books. There are many books that are focused on technical analysis, not bad, but technical analysis appears anywhere, sometimes it is worth reading the books that are from experienced market speculators like Wyckoff, Livermore, investors like Warren Buffet , which teach to understand the market, I think that everything has to start from there.
I also agree with you that if one understands the importance of trading the most and knows the details, then I think that if one trades there will definitely do something good if he can use the right skills. Since most traders are new and they always try to figure out how to make more profit they trade in the wrong way, but if you trade using your skills you will definitely be able to make a good profit.
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