Trading Secrets? - page 4. | Bitcointalksearch.org

Mythrin

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Quote from: MissionPhailed on September 09, 2017, 07:43:57 AM

Although I'm far from a succesfull trader, I've learned this from experience: set realistic goals. Better not buy some random cheap altcoin in the hope of squeezing out 100x ROI within weeks. It could happen but chances are very low and you'll probably get disappointed. Do some research and pick crypto with a solid ground.

Also, going entirely into altcoins is a bit risky in the sense that your crypto could diminish significantly relative to BTC in a short period of time. Own experience: value of my portfolio in USD increased with roughly 800% in the 1st half of this year, but value in BTC decreased with 20%. A nice profit but could have been larger if I had a significant percentage of BTC in that timespan.

Not trying to be a smart ass, just trying to do math here.

let's say BTC value was $2K when you initially invested, and let's say you invested $20,000 or 10 btc.

So if you made 800% you would have $160K, but your value in BTC decreased 20%, so you have 8 BTC. That would mean BTC would have to be worth $20K each. Slightly confused here.

After much trial and error winning in crypto is all about understanding technical analysis and managing risk. Other than doing tons of research and hastily buying before everyone else when news comes out the charts will usually forecast the movement before the news does. Many of us saw the BTC correction far before all the china news FUD that just made the correction timespan much shorter. You wonder when whales choose to buy and when to sell...TA & market manipulation. Figure out their game and join it. Patience and a solid strategy makes a winner, but it's all about not drowning in the pool. Keep treading.

WoodySpoon

newbie

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There's one tip I'd give to anyone investing in Cryptocurrency.

Focus on the news.

Read as many articles as you can, look at the sentiment behind a coin. News articles, conferences and quotes from big investors are everything for a coins value. It's a speculative market, especially when trading in alt coins.

Best of luck.

ngacengan

full member

Activity: 504

Merit: 100

Quote from: viking02 on September 06, 2017, 09:07:02 PM

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

We all know the buy low and sell high concept. But are there traders who know a few things where regular ppl or even advanced users do not know?

And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?

For example in sportsbetting, there are very smart guys who have very smart angles etc. Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it. Sportsbooks will be aware of it and make adjustments to the line.

So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

the key to successful trading is you must be patient in holding the coin do not easily panic and wait until the gain 100%

Koadharber

hero member

Activity: 1065

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Quote from: viking02 on September 06, 2017, 09:07:02 PM

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

We all know the buy low and sell high concept. But are there traders who know a few things where regular ppl or even advanced users do not know?

And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?

For example in sportsbetting, there are very smart guys who have very smart angles etc. Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it. Sportsbooks will be aware of it and make adjustments to the line.

So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

All people do really have some secrets specially on monetizing a certain thing specially on gambling.This thing cant really be deny and as a person who do have knowledge into a certain thing sometimes our greed and selfish attitude would come out which we wont really tend to tell it to public.Some may not say because of personal reasons some people do disclose it because they do like to help.This thing does really depend on a certain person but talking on secrets on trading coins i would say it is somehow impossible knowing price are unpredictable and making holy grail methods doesnt really exist.

BrewMaster

legendary

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There is trouble abrewing

Quote from: MiXxe on September 14, 2017, 11:46:13 AM

Quote from: michellee on September 10, 2017, 11:13:04 PM

i think its not a secret but its like a strategies for each traders because if we are share our strategies, I think that strategies will not work properly for other people. one strategies is made by one traders and only work for that traders. if the other traders want to use, then they need to modify the strategies so it will works good for them. I think if we can understand the basic of trading which is buying low and sell high, then we can make the modification for the strategies so we can have one new strategies that only work for us.

It is simply not all well experienced traders are sharing their very best stratedgies and even if they share some of the ideas not all will get it and do it correctly. I am saying that we are not in capable in every stratedgy because we are different the way we thinks and process in mind what we see , heard and read. The actions will not be the same as others.

sometimes "best strategies" are those which you learn on your own when you actually get your hands dirty!

if you stay away and just watch and expect others to take your hand and walk you through the process and make money for you, you will stay there watching your whole life.

start trading with small amounts, try to ANALYZE the market and i promise that the market will reveal its secrets to you herself. secrets that can't be put to words.

futile-resistance

hero member

Activity: 840

Merit: 516

Quote from: PizzaBTC on September 14, 2017, 03:37:58 AM

Quote from: foobarzoo on September 11, 2017, 04:08:29 AM

They say you should be able to trade like a robot to be successful.

So no emotions, follow the strategy, be consistent.

You have told the bottom line in order to become successful in the world of trading. The only secret which can help you out in making more profit is none other than patience and control on your own emotions. If can manage to do so, you will be able to make correct decisions in the light of knowledge you have.

I will second you without having a second thought. I think that the secret of getting a good amount of profit from the trading is nothing else but having a good knowledge and control on your own nerves. If you can manage to do both, then I must say that you are far better than many of the traders sitting in the market.

MiXxe

sr. member

Activity: 462

Merit: 250

Quote from: michellee on September 10, 2017, 11:13:04 PM

i think its not a secret but its like a strategies for each traders because if we are share our strategies, I think that strategies will not work properly for other people. one strategies is made by one traders and only work for that traders. if the other traders want to use, then they need to modify the strategies so it will works good for them. I think if we can understand the basic of trading which is buying low and sell high, then we can make the modification for the strategies so we can have one new strategies that only work for us.

It is simply not all well experienced traders are sharing their very best stratedgies and even if they share some of the ideas not all will get it and do it correctly. I am saying that we are not in capable in every stratedgy because we are different the way we thinks and process in mind what we see , heard and read. The actions will not be the same as others.

TheGodFather

hero member

Activity: 854

Merit: 500

Quote from: bitofc on September 11, 2017, 12:33:45 AM

being patient is #1
never stop learning
also if we are not a full time trader, try to trade with medium or long term.
analyze with chart >= 4hr period, checking 1hr/2hr or shorter period just for signal confirmation.
last but not least, try to trade without any emotion (which is tough) with preset strategies (entry/exit point, stop loss, take profit point)
also be ready to change your view, as the market is so dynamic, always follow the market as the market is always right!

thats right , that is just what i have been doing, it is the number that we need or we must need to do, it will need to be learn by all traders , especially now, the coins having their dumping time, other traders will dump their coins they will sell it for small price that is not good, so just keep on being patient and understand it more, that is all traders or good traders secret in their trading life.

gabmen

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Activity: 1246

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Quote from: viking02 on September 06, 2017, 09:07:02 PM

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

We all know the buy low and sell high concept. But are there traders who know a few things where regular ppl or even advanced users do not know?

And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?

For example in sportsbetting, there are very smart guys who have very smart angles etc. Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it. Sportsbooks will be aware of it and make adjustments to the line.

So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

I'm.pretty sure there are and i think you would also be able to develop your own technique the more time you spend on trading. These secrets that traders have come from expeeienced they accumulated with repetative mistakes and succesful trades.

mercer007

full member

Activity: 266

Merit: 100

Quote from: DjTremor on September 06, 2017, 09:24:13 PM

I'm like a newbie but I learnt too many things from my early msitakes. Let me list them all below:

*Pick the good exchanger platforms, never trade on trash exchanger platforms.
*Never join pump and dump groups. They're scammers.
*Always have a secure wallet whose private keys are with you only.

You re right Pump and Dump groups are scammers no one should join them, its just waste of money.

sasaki111

newbie

Activity: 48

Merit: 0

Actually, trading has no secrets, it only has one thing that's the most important thing. It is INFORMATION, with some secret informations , you can make a huge profit after one trade and those information not easy to get.

Monnt

legendary

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Quote from: Michael_Gims on September 10, 2017, 05:14:17 AM

Some use chart analysis but I prefer to focus on the long term potential of the currency, especially the underlying technology and the community support.

I think both are equally important if you talk about trading secrets. I believe there is some other thing which is far more important and that is your personal interest and motivation towards trading. You can do anything if you are doing it with your heart. Without your own willingness, you can hardly get any benefit.

PizzaBTC

sr. member

Activity: 555

Merit: 252

Quote from: foobarzoo on September 11, 2017, 04:08:29 AM

They say you should be able to trade like a robot to be successful.

So no emotions, follow the strategy, be consistent.

You have told the bottom line in order to become successful in the world of trading. The only secret which can help you out in making more profit is none other than patience and control on your own emotions. If can manage to do so, you will be able to make correct decisions in the light of knowledge you have.

Kupid002

sr. member

Activity: 1036

Merit: 329

Quote from: pkdas on September 11, 2017, 04:01:19 AM

Of course, there some trading secret. You can gain these type of secret by your experience.The More time you give to the marketplace the more you can understand...Patient is one of the most important thing for trading...

Yes it is right make some time to study the market for you to understand it and for the secret there is no such thing secret strategy to be a good trader. It is all depends on your skill and your attitude on how you handle it being so patiently is a key.

foobarzoo

newbie

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They say you should be able to trade like a robot to be successful.

So no emotions, follow the strategy, be consistent.

pkdas

member

Activity: 96

Merit: 10

Of course, there some trading secret. You can gain these type of secret by your experience.The More time you give to the marketplace the more you can understand...Patient is one of the most important thing for trading...

dimonstration

hero member

Activity: 2562

Merit: 659

Dimon69

Quote from: bitofc on September 11, 2017, 12:33:45 AM

being patient is #1
never stop learning
also if we are not a full time trader, try to trade with medium or long term.
analyze with chart >= 4hr period, checking 1hr/2hr or shorter period just for signal confirmation.
last but not least, try to trade without any emotion (which is tough) with preset strategies (entry/exit point, stop loss, take profit point)
also be ready to change your view, as the market is so dynamic, always follow the market as the market is always right!

I am strongly agree with your method on how to trade you must be patient and for monitoring don't monitor it every minute you must be confident on it you may check it but it may cause with you some way to panic if there is such some movement on coin.

bitofc

sr. member

Activity: 478

Merit: 250

being patient is #1
never stop learning
also if we are not a full time trader, try to trade with medium or long term.
analyze with chart >= 4hr period, checking 1hr/2hr or shorter period just for signal confirmation.
last but not least, try to trade without any emotion (which is tough) with preset strategies (entry/exit point, stop loss, take profit point)
also be ready to change your view, as the market is so dynamic, always follow the market as the market is always right!

mkbittalk

newbie

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can we get some general guide

michellee

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i think its not a secret but its like a strategies for each traders because if we are share our strategies, I think that strategies will not work properly for other people. one strategies is made by one traders and only work for that traders. if the other traders want to use, then they need to modify the strategies so it will works good for them. I think if we can understand the basic of trading which is buying low and sell high, then we can make the modification for the strategies so we can have one new strategies that only work for us.

Topic: Trading Secrets? - page 4. (Read 3265 times)