Topic: trading - page 3. (Read 763 times)

That is the main point to be discussed before starting trading because always emotions will make you to take wrong decision and make you loss. If you keep patience then you can earn good in trading.

If you want to do day trading then first read the chart and then do trading. If you first want to learn trading then you can join bounty of altcoins and get free altcoins, when they get listed in exchange you can do trading of this bounty coins and gain experience of how to trade. As if you lose the bounty coins you wont be in finance loss only you time is loss which you used to gain bounty coins. After when you decide that you can now trade good then make investment and start trading.

experience and emotional control are also important in trade.
he only explained the theory and the most difficult was practice. and the hardest part is controlling emotions and patience.

I agree with your opinion. To enter the trading you need to learn how to analyze the market, coin, chart, etc. Where you can find information easily is Youtube, there are many videos with clear examples for you to learn trading.

I been earn alot of profit from crypto trading in bull run market but also loss much money on the bearish trend, so from this case i think we should be trade on the crypto market only when the market on bullish and when any sign the market change to bearish is better move to trade in others asset.  We should have skill in 2 different market not only in crypto market but also in stcoks market.

Skills in trading can be obtained by reading books about it and watching some free or paid tutorials by experts in trading and learn some strategies but for me experiencing it is the best way to learn. About which cryptocurrency is the best for trading daily or short term almost all coins are volatile especially with high volume coins you have just to find the right one which is not easy, and there's no really best coin to trade because the price of each coin in the market doesn't always goes down and up before the day ends, meaning that you can't make profit everyday in just one coin.

Everything that isn't a shitcoin is a good coin to trade on. You just have to acquire the basic skills of trading and you should work out your mindset towards trading.

All you need to know is that nothing is certain. And your investment should be protected and appropriate to risk taken. You can do the best analysis and grab loss which will grow with every minute. Thats why you need strategy. Market is different everyday. Thats why there is no ultimate alwais win technique. You need to get experiene. To do that take lowest bet (0,0001 btc ~6$ on binance for example) and do as many trades as you can. What can happend? even if you will lose 10% its only 60 cents. And how much will you learn for those 60cents is priceless.

If you wont be able to earn on that 6 $ you want be able to earn on 600$. Thats why if you dont have experience (or you have little from stocks) dont take too much risk (low marketcap and high daily volatility coins or too big bet).

Trading is not easy. It needs experience, knowledge and skills to do good trading. If you learn these things then trading is easy than holding. In holding you will have to wait for long time to make some money while in trading you can make money daily. For good trading you will to observe the market every moment and when the price moves up a little you can sell your coins for higher price.

For the new comers of trading in any type of investments always follow the golden rules which are to only invest what you can afford to lose while still in learning the process and do not put all eggs in one basket. Make sure to study well the commodity before investing it to ensure the profit and also to ensure the safety of your investments that the project is not a scam.

Trading is a good platform for investors but before to invest we must gain some knowledge and increase the analytical skills. If you are beginner in trading try to midterm trading and long term investment because day trading and short term trading is little risky one. My suggestion is you split to invest in two altcoin then fix the trading criteria it will reach your expectation automatically you will earn profit.

If you want to do day trading you should be spend for that full times minimum  8 hours aday and you have to learn basic of trading that is technical analysis ,  and if you want to make long term investment lets say more than 6 month,  you have to spend times to make research which coin can be has strong fundamental and big community but still has low market cap. Day trading is more difficult to do and more hard to make profit so you should be has good psycology that able to manage emotions.

trading is very complex task you would ever do.. if you want to beba successful trading, you need to do a lot of research read and analyze graphs. make sure you ate aware of the latest news of cryptocurrency and the coin you chose in particular. you need to monitor the market trends lastly you need to have a huge luck to gain profit.

Trading actually offer good return if we have also good strategy, my simple strategy is only use balance for trading 50% and remaining 50% keep in fiat, this remaining balance only for use trading when previous open potition in lose and other fiat balance possible to recover it by make open potition again.

If you are new to trading then welcome.. it will likely be the best and worst thing you've ever done (best because profitable if you're good on your own schedule and bad because it will eat up your free time).

Trading in bear markets is indeed more difficult but can yield you the most profit IF you are patient.

Here are some things that I think are exceptionally difficult with our current situations even as experienced traders:

1) These algo high-frequency trading bots are wrecking people on the margin/leverage game.  There are so many people who at 7100 were ready to go perma-long but anything over 5-10x leverage you will get absolutely destroyed against these bots on bitmex.. I suspect foul play on BitMex's part but that's not something I'll ever have proof of.
2) Everyone wants to buy the dip on altcoins but BTC could just as easily go to 8.8k now as it can 6.5k or lower.. and the indecision is making alt markets bleed.  Tons of manipulation with money moving from one coin or another and everything is starting to increase in slippage the longer the indecision happens.
3) People are losing USD valuation no matter how they are trading most likely and are losing sight on BTC comparative.. if you are a new trader never trade on USD valuations unless you are cashing out that day.. you will get rekt in the longrun... I've been thinking of making a complex write-up on this with visual examples when I have more time.. but just trust me.. lose the USD for BTC.
4) Boredom.  People who are used to trading are extremely bored and impatient with the market right now, and the annoyance and fear is starting to set in.. Idle hands are the devil's playground and you have to be patient.  People who go all in or take positions to merely day trade in this environment will be surprised by the slippage they see.. there are projects that are insanely undervalued like Qtum out there for example in my opinion... and even as low as it is.. you don't want to start off a trade with a 20% bleedout.  Stay patient.
5) TAKING PROFITS OFTEN.  In these unsure markets without a clear picture, you have to take profits while they are there.. people get way too greedy with alt positions and it will kill them in this market.  As you can see with the general market cap that movie is simply moving around and not growing... In other words.. any gains earned will be shifted into profits and taken somewhere else, leaving most coins back where they started.  Its hard to convince people that 20% is a good profit in crypto, but that could take you a whole year in general stock markets.

Times will be easier... and times for taking major alt positions are coming in my opinion very soon.. but don't become to exuberant or hasty out of boredom, and wait for prime situations to fall into your lap.  One quality that's present in most rich people vs people who are bad at trading is simply rich people are more patient, and they will wait and starve you out as much as you are willing to let them.  In general if you don't trade like someone who has a million dollars would trade,  generally speaking, its just not going to work.

Take care and good luck, and feel free to ask any questions.

One of the stages to be learned is reading the charts, I myself do not master it but that is an important part to analyze the market.
someday you will be able to analyze the coins to buy and know the time to sell your coins. you will find them on youtube.

I believe that at the present time you can think of the altcoin trade, you can see that bitocin prices have been fluctuating throughout the past few days and that the prices of altcoin are constantly decreasing. So today's recovery of bitcoin will cause the altcoin to continue to increase, I believe you can trade altcoin this time because according to my analysis, the bitcoin price will be able to continue to increase. .

do someone know how to trade and get the most profit maybe some skillz of trading or which are the best coins for to trade and their own best daily best changes flaquations up and downs which could it be maybe all about best profit ways to get on a trade ....