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Topic: Trading for the Inexperienced Traders - page 6. (Read 22078 times)

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
March 03, 2019, 12:22:05 PM
Inexperienced traders can also use your method on daily basis instead of monthly. Green candles do appear frequently: like hourly, daily and weekly. The profits are smaller on hourly and  daily green candles though
hero member
Activity: 1750
Merit: 589
March 03, 2019, 07:33:57 AM
To sum it up:

-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.

There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
Its more on a target price, and its good to always secure profit than to be more greedy. There is no excuse as an inexperienced trader because we started like this before, and we should continue to learn. Being greedy in trading will just result to a bad prices, always have your strategies.
What i've notice on some beginner is that they always wait for the bull run or hype market to have huge profit not knowing that they could have it almost every day. Target price is the time to sell off your desired coin however there are times that before target price reach you need to sell it in order to avoid the price decline of the certain coin.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
March 03, 2019, 06:22:48 AM
To sum it up:

-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.

There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
Its more on a target price, and its good to always secure profit than to be more greedy. There is no excuse as an inexperienced trader because we started like this before, and we should continue to learn. Being greedy in trading will just result to a bad prices, always have your strategies.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
March 03, 2019, 06:21:01 AM
To sum it up:

-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.

There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
Yes this can be good strategy can be followed by the traders who is not having much experience and analytical skills ut they are not will be good at picking the coins,random coins will make them into losses so just stick with bitcoin to fiat trading as possible.
sr. member
Activity: 626
Merit: 251
March 03, 2019, 06:07:09 AM
maybe it's an interesting thing to give a statement do not trade every day if you are a beginner. sometimes beginners still cannot control what is done, it is useful to explore beginners more slowly in trading learning and avoid losses.
sr. member
Activity: 2030
Merit: 356
March 03, 2019, 04:31:16 AM
No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy
Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader.

Trading with small or large amount does not matter, what matter most is that you learn trading before actually starting it. If you start trading without gaining sufficient knowledge you are more likely to lose all trades.


No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy

Investment initially on the early stage on your learning will never be wasted as this will help you avoid the loses in future in trading which are caused by the lack of knowledge.
sr. member
Activity: 994
Merit: 256
March 02, 2019, 11:54:29 AM
To sum it up:

-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.

There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
So you have suggested really nice things to do, for me your discussion seems to be very useful because you have mentioned good steps for new and inexperienced traders, everyone can trade at time when he or she feels it is time to trade as price of crypto currency trading remain so anonymous and  no one can predict it properly, but trading is for everyone.
sr. member
Activity: 1330
Merit: 326
February 28, 2019, 09:19:40 PM
To sum it up:

-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.

There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
full member
Activity: 602
Merit: 102
February 28, 2019, 04:24:46 AM
Trading for inexperienced traders can be tagged as "the losing traders" because trading comes with experience and when you do not have this experience, it results to you incurring losses on your investments.
Experience only comes when you practice and master your craft - by avoiding things that repeatedly makes you lose in trades. This can be achieved when you adhere to some basic principles of trading.
hero member
Activity: 966
Merit: 517
February 28, 2019, 03:39:12 AM
Trading for beginners can be difficult at first, but then everyone will be able to find a convenient strategy and get a small additional income, but the main thing is not to hurry and not to fall into the excitement
You normally do not have the skills needed at trading at first. And if you are new, you face tough times. This is what all the successful traders say about and guides you about. So, what I want to say is that one should not really enter/invest in the market as long as the required skills are not there. You need to read more and more about something you are passionate to start and only then you could be good at it.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
February 26, 2019, 03:06:21 PM
No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy
Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader.
Traders means buying and selling but if they want to succeed they need to do that at right time,learning can be for experienced traders too but they need to remember those lessons while doing trading next time.
It is not only buying at selling but it is about buying and selling at right time, as price will rise and fall so buy when you see price is dumped and sell if you see price has achieved high state so all you need to learn and gain experience, don’t lose your patience and your trust just buy as now a day price is really affording so later on you can trade as for inexperienced people long term trading is best.
Long term trading is better in terms of return on the investment compared to short term trading like daily in-outs. Patience is the key in this business and i always treat trading as a online business platform for all financial markets. Inexperienced traders always make mistakes no matter how many times pro traders warn them beforehand but experience comes from mistakes.
sr. member
Activity: 1071
Merit: 253
February 26, 2019, 02:49:04 PM
No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy
Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader.
Traders means buying and selling but if they want to succeed they need to do that at right time,learning can be for experienced traders too but they need to remember those lessons while doing trading next time.
It is not only buying at selling but it is about buying and selling at right time, as price will rise and fall so buy when you see price is dumped and sell if you see price has achieved high state so all you need to learn and gain experience, don’t lose your patience and your trust just buy as now a day price is really affording so later on you can trade as for inexperienced people long term trading is best.
full member
Activity: 392
Merit: 103
www.daxico.com
February 26, 2019, 07:39:43 AM
When I was new in trading I loss a lot most of the time when I sold coins after several times it goes up and what I ndo is to re enter then it would suddenly goes down in short I keep losing but as time goes on I'm able to overcome this when I trade I keep looking to chart and volume before selling and buying and I don"t chase yhe oricr unless there are strong volume pushing to it and I keep putting a stop loss to lessen my loss when market suddenly dump and lastly I'm not trading according to my emotion I just keep patience and observant in the market movement.
hero member
Activity: 1666
Merit: 629
February 26, 2019, 04:24:16 AM
There are a few recommendations I can make for inexperienced investors. In addition to all these recommendations I would like to give you information about the most important factor. Whatever your beginnings in this sector, whatever your level of knowledge is, the most important thing is experience. Therefore, in order to get your own experience, you must trade a lot at first. Of course, these trades should be done with very low capitals and you should get experience from every mistake you make here. On the other hand, you should constantly keep your knowledge fresh and research about current information and news. But as I said in my first sentences, it is important to remember that, above all, experience will be the most important factor in this sector. An experienced investor will not easily make mistakes and will always know how to take positive steps.
hero member
Activity: 784
Merit: 502
February 26, 2019, 12:09:49 AM
No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy
Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader.
Traders means buying and selling but if they want to succeed they need to do that at right time,learning can be for experienced traders too but they need to remember those lessons while doing trading next time.
full member
Activity: 1162
Merit: 101
February 25, 2019, 10:35:35 PM
Trading for beginners can be difficult at first, but then everyone will be able to find a convenient strategy and get a small additional income, but the main thing is not to hurry and not to fall into the excitement
full member
Activity: 742
Merit: 144
February 25, 2019, 04:34:13 PM
No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy
Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader.
hero member
Activity: 784
Merit: 502
February 25, 2019, 03:20:15 PM
No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Cheesy
sr. member
Activity: 994
Merit: 252
February 25, 2019, 02:52:05 PM
It's seems they haven't prepared for that situation. They thought crypto will always in good fluctuations market forever. That's the problem of several newbies who directly invest in crypto  without knowing it well.
Even if they do know it well they dont have the patience to hold it. There will be rise and falls and if they dont take advantage of those then they are the ones to blame. You are not going to keep on holding after your buy price has been reached and crossed during a bull run. Sell it book the profit and wait till market drops again. Again fractional selling of your entire asset is important here. Some spare ammo is always good. Grin

Quote
However,  they have still chance to regain their losses, by buying now crypto, especially in bitcoin whereas still in a low price.
Of course they are always going to recover losses if they are willing to wait it out and rectify the mistakes if any. But many of them went broke after the dump so probably they are not going to buy any at low price now.
  It happens when they are not aware of trading that what trading exactly it, trading without any experience can make us suffer lose but the reality is nothing can happen without experience as you said some don’t want to buy at red which is high mistake, so make your experience quicker and easier as it will give you profit as well skill but when you are not having any experience try to trade for long term than for day trading.
member
Activity: 154
Merit: 24
The future of security tokens
February 25, 2019, 02:05:10 PM
I only see buy support and sell support when I first trade. and sometimes it doesn't have an effect, I just found out if support can be fake that was made to provoke a dump/pump. To divide capital into several parts is important, Don't ever all in.
You could get legit support in trading, but it not a guarantee to anything at all.
In most cases it could be false ones seeking to get the better of you, it's more better to educate yourself, as there are more than enough tools on the internet for you to do so
I hardly pay  attention to anyone or channel that claims they give out correct signals or advice in trading.
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