Don't trade ofcourse if you are inexperienced trader or new in trading for sure you will loss a big money if you are going to trade without no experience. That means your money just giving away.
You can't be learn and you can't be successful if you'll never have to risk and experience losses. Losing is a part of our trading journey, is just like a competition or a game, there will win and loss. But we took those failures as a strength and learn those things a lot, so every mistakes will have done will surely be address and not to happen again(into minimal). 
Topic: Trading for the Inexperienced Traders - page 9. (Read 22078 times)
Don't trade ofcourse if you are inexperienced trader or new in trading for sure you will loss a big money if you are going to trade without no experience. That means your money just giving away.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
Trading like this still not enough, you should not enter the market went the bearish still continue. no one cant know the exact dip my friend, i dont know why every people always buying dip then we got a more dip with a few days.Although the bearish market continues, we could try to daily trading because I see that we have an opportunity to buy the coin at the low price and sell when it increases in the next hours or days. Long-term trading still works and it still waiting for time to comes. People buy in a dip because they think that the price will increase in the next hours, but the truth is the price still on the downtrends. Maybe in this situation, we need to analyze deeply for the coin we want to buy.
When I started trading, I had no idea on charts and market sentiments but I decided to also benefit from the Pro traders as they move the market.
First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).
If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.
Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.
Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).
Merry Christmas (if you celebrate) and a Happy New Year to y'all.
Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.
I got the tips, you outlined but in other words do you know many inexperienced traders don't take chances even at red Market they do trade when they've no idea where the Market is leading to. Everything is not been learnt in one day it's a gradual process to be a professional some day. First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).
If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.
Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.
Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).
Merry Christmas (if you celebrate) and a Happy New Year to y'all.
Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
Trading like this still not enough, you should not enter the market went the bearish still continue. no one cant know the exact dip my friend, i dont know why every people always buying dip then we got a more dip with a few days.Although the bearish market continues, we could try to daily trading because I see that we have an opportunity to buy the coin at the low price and sell when it increases in the next hours or days. Long-term trading still works and it still waiting for time to comes. People buy in a dip because they think that the price will increase in the next hours, but the truth is the price still on the downtrends. Maybe in this situation, we need to analyze deeply for the coin we want to buy.
Hello friend, if you are starting in the trade, I recommend you to make virtual accounts with fictitious money, and apply your strategies, I recommend you read many speculators books, where they do not teach you technical analysis, or figurines, because in reality that is a lie , but as they thought Wyckoff, Livermore, Warren Buffet ... learn well how to understand the market before placing your money and losing it, the idea is that speculate and have access to profit.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
Trading like this still not enough, you should not enter the market went the bearish still continue. no one cant know the exact dip, my friend, I don't know why every people always buying dip then we got a more dip with a few days.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
Trading like this still not enough, you should not enter the market went the bearish still continue. no one cant know the exact dip my friend, i dont know why every people always buying dip then we got a more dip with a few days. The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
If I am a new in these crypto world I definitely buy more potential coins as much as I can but be sure that we are ready to face or accept any risk happen after cause even don't know what will happen by tomorrow and so the coming days. How long we hold? It will be depending on the market trend. If will saw that I have some gains, then I will sell it immediately. Nothing to hold it any longer.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
If I am a new in these crypto world I definitely buy more potential coins as much as I can but be sure that we are ready to face or accept any risk happen after cause even don't know what will happen by tomorrow and so the coming days. How long we hold? It will be depending on the market trend. If will saw that I have some gains, then I will sell it immediately. Nothing to hold it any longer.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
If I am a new in these crypto world I definitely buy more potential coins as much as I can but be sure that we are ready to face or accept any risk happen after cause even don't know what will happen by tomorrow and so the coming days. How long we hold? It will be depending on the market trend. If will saw that I have some gains, then I will sell it immediately. Nothing to hold it any longer.
Anyone doing something like that is going to eventually lose his money, you cannot really expect to get monthly profits of 10% to 20% by just investing in a coin when it seems that is going up, trading is a lot more complex than that and if you do not learn about technical analysis you're going to eventually lose all your money because professional traders are all masters of it.
This takes time for the newbies to understand. They think they can jump onto a new shitcoin and then it will become bitcoin 2.0 with a even more massive pump than bitcoin making them millionaires within a few days. People need to understand that money does not come like that. If you take the example of bitcoin holders who made profit from the pump, they had held their coins through thick and thin to come to that range.TA will also help if you are day trading. But its not everyone's cup of tea so I would advice people to treat it with caution. Long term hodling and selling at pumps always help out.
Sometimes most of the traders especially for the novice they thought doing trade is just an easy thing where you can sell and buy or they just heard Buy at low then sell at high. They've been thinking about in that way they could earn instantly. It was a wrong of thinking, trading actually is not that easy and you need to learn a lot here as in everything form the basic and need exploration too about it. and of course as a traders you need also capital, but always remember how to control your emotions in the right way.
The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price
When I started trading, I had no idea on charts and market sentiments but I decided to also benefit from the Pro traders as they move the market.
First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).
If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.
Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.
Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).
Merry Christmas (if you celebrate) and a Happy New Year to y'all.
Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.
Anyone doing something like that is going to eventually lose his money, you cannot really expect to get monthly profits of 10% to 20% by just investing in a coin when it seems that is going up, trading is a lot more complex than that and if you do not learn about technical analysis you're going to eventually lose all your money because professional traders are all masters of it. First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).
If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.
Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.
Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).
Merry Christmas (if you celebrate) and a Happy New Year to y'all.
Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.
thank you very much mister Thanasis and mister omonuyak , I will try the advice you give me, a long time ago I trade crypto every week and now want to try trading every day, maybe I will get experience trading faster because I am accustomed to seeing moving crypto price charts every day
Trading in a more intensive way will not necessarily lead to more experience in a shorter amount of time, what you need to do is to analyze each trade and look at what you could have done better, or if you made a mistake try to find out what you could do to remedy that, that is the only way to improve if you are not honest and criticize the decisions you took when you were trading you will never improve which is the reason you see traders with years of experience and yet they got no profits.If you are new in this field, never tried to step on if you don't understand the market or even tested it. Market analyzing will be the first way to take and serves us guide of what we do in action.
thank you very much mister Thanasis and mister omonuyak , I will try the advice you give me, a long time ago I trade crypto every week and now want to try trading every day, maybe I will get experience trading faster because I am accustomed to seeing moving crypto price charts every day
Trading in a more intensive way will not necessarily lead to more experience in a shorter amount of time, what you need to do is to analyze each trade and look at what you could have done better, or if you made a mistake try to find out what you could do to remedy that, that is the only way to improve if you are not honest and criticize the decisions you took when you were trading you will never improve which is the reason you see traders with years of experience and yet they got no profits. 
actually the first capital if you want to start trading is that we have to strengthen our desire to trade, we must be absolutely sure if we want to trade. because if we are not sure in trading, we will be easily affected and back down if we suffer losses, we must know that the biggest risk in trading is losing all the money traded.
Trading balance is not subject to feeding our desire unless someone reach to professional level. Trader should be able to manage risks with mastering himself. Managing emotions is more important than thinking about profit. Inexperienced traders need to increase their learning capacity before moving to real trading from demo accounts.
actually the first capital if you want to start trading is that we have to strengthen our desire to trade, we must be absolutely sure if we want to trade. because if we are not sure in trading, we will be easily affected and back down if we suffer losses, we must know that the biggest risk in trading is losing all the money traded.
Trading balance is not subject to feeding our desire unless someone reach to professional level. Trader should be able to manage risks with mastering himself. Managing emotions is more important than thinking about profit. Inexperienced traders need to increase their learning capacity before moving to real trading from demo accounts.
now all markets are bearish even it is very dangerous for beginner traders to enter the trading and trading sites, I am also a trader but I have not started to trade in the short term because it will be very risky
Yes, right now, the market is trying to reach the higher price for every coin and soon, the bearish will over and the bullish will replace the position. Right now, it is better if we could trade in any coins especially with the coins which can give us a profit and it is why we need to research and analyze the coins. Choosing a long-term trade will be a good option for now because if we are trying to do a short-term trade will not give a good profit.
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