very important for beginners in trading
1- Trading is not for weak hearts
2 - Do not trade the full amount you have so as not to lose all
3. Trading becomes Caldman
an introduction
In order to know what currency is appropriate for trading, you should first follow the news of the digital currency first Powell through Twitter, Facebook, Telegraph and news sites as well as through the analysis of the chart, where you have a good look and statistics on currency activity when you know these things enter into this area.
* Trading terms
Where we hear these terms a lot in the forums and newsgroups and news
Exchange
It is a platform for trading digital currencies where you can buy and sell currencies through the Betcquin or the Dollar and are considered the best platforms are
Polonics, Beatrix, and Bitnix
Long
Which is the long term of the currencies where you buy or sell the currency you think it will rise after a long period or fall
For example, the price of the current Betquin $ 1300 bought them and springs after 4 months or a year, where the price is $ 2000 after analysis and confirmed news is the process of buying and selling of course
Short
Short-term
Where you think that the currency will fall or rise in a short period in two days or a week and buy at a lower price and sell at a higher price, which is the best thing for traders.
24Hour
It is the change in the percentage of the currency within the past 24 hours, usually given as a percentage.
High
Highest price in last 24 hours
Low
Lowest price in last 24 hours
ATH
The highest price for a coin ever
Trade Volume
Which is the volume of trading which is the amount of trading on the currency during the past 24 hours.
The high volume of the currency is good trading and the decrease in volume is bad, which is an important measure because it shows you the value of the currency against other currencies, as the volume of trade actually shows the currency.
Bullish
Rising as investors or analysts believe the price will rise
Bearish
As investors or analysts believe the price will fall
Bull Trap
The bull trap, an inaccurate signal that the volume of contradictory trades will stop falling and rise and then continue to fall and is called a trap because the rising volume is fooled by the trader and buy the wrong place and continue to decline thinking that it rises because of the trap.
Bear Trap
Bear trap, an inaccurate signal in the currency appreciation will stop increasing and begin to decline while in fact it will continue to rise or stabilize.
Margin
Margin - Margin is mainly traded with borrowed funds. Exchanges vary in how you handle this and how much money you can trade with this on loan. You must have a certain amount of money on your account as collateral, and the more guarantees you have the bigger loans you can take. If you make a loss you lose some of your collateral (or all if you get a filter).
Liquidation
Liquidation - Most stock exchanges use a compulsory liquidation policy in case your guarantee does not cover your current loss on margin transactions. What this means is that your loan / margin will be closed and the guarantee used to pay the loss. You do not want to get a filter, if you are worried about it happen avoid margin trading until you are more experienced.
Volatility
Volatility - This indicates the number of times the currency price changes. Reverse stable volatile currency. If the currency is very stable then the price remains the same and there is not much profit that can be made from it.
So we find some currencies have fluctuations to be traded.
Weak Hands
Weak hands - this is the condition that mostly affects novice traders. Where they buy a coin and when he sees a small dip in the currency is afraid and panic and sells all his coins (often at a loss). If they had very cold nerves they would have benefited. A lot of people have weak hands, and this can sometimes lead to a currency drop of only minor dips in price.
FOMO
Fear of loss, in the course of trading can mean making bad decisions from fear of losing opportunity for example. Buying a currency at its peak rather than the former, this often leads to loss.
FUD
Uncertainty and suspicion. Spread among people (FUD) to cut the price of something or to encourage people to use a competitor instead.
Trolls / Shills
Trolls, who are the people who publish false news about the currencies because they have a vested interest from these news and are used frequently in digital currencies, especially on small currencies
For example: a person who has 10 petequin bought at a price of 1000 dollars goes to the forums and the people see the words of the people that the Betquin will drop and up to 500 dollars and news intimidation and fear and sells the currency that has 10 Petkwin and sells others
Currency Encoded NEM, [17.06.17 16:18]
The price drops to 700 dollars and buys the news owner at 700 and rises.
As well as the publication of news about the currency will explode at an imaginary price everyone buys and rises, he sells at the premium price in large quantity and then drops the currency significantly.
Whales
Whales are big traders with big money, and most of their business is on small currencies because of the size of the small market where they have an impact on them.
Pump and Dump
Cutting and rising rapidly is the way whales
Pump
Which is the rise of the currency, because of hearing some news or events find a great turn on the currency, causing them to rise significantly and buy people in large quantities Whales (traders) sell their currencies at the highest price in large quantities and then drop the currency (unloading)
Dump
It is the opposite of the pump
Arbitrage
Arbitrage is the advantage between currency exchange rates between platforms
For example, the price of Bitquin in Polonix is $ 1000 and in the $ 1,200 Pefnix platform, I would like to send the Pitcuffin to a platform in Petnix and the Pitcairn Springs at $ 1,200, then buy a stable currency and send it to Polonix
thank you fo reading
cordialy
