Trading tips - page 4. | Bitcointalksearch.org

HatakeKakashi

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Quote from: wayancrypto on March 10, 2019, 11:54:41 PM

Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.

That is right better to have target monthly or weekly and once you reach that you can sell now your coins that makes you profit.
Spending too much time in trading is good but we need to spend only like 8 hours maximum if you don't have work but if yoy have work better to spend only like 2-3 hours only you can do it as your partime job. Do a research once you have doubt like buying and selling a coin.

Noa_Amable

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Quote from: nipunchathu123 on November 08, 2017, 04:52:41 AM

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

try trading major coins, check news on the coins.
if now news observed - use technical indicators (e.g. Ichimoku) or support/resistance levels.

try day trading - and create a trading plan: how much are you planning to each all in all and per trade; how much you can lose (and probably set a stop loss); how long it may take approximately; and follow these rules.
and also trade calm and cool. trading is a real stress and adding more of it will cause bad things to your health and your trading.

and practice, practice, practice. that will make perfect Wink

I hope you are not going to hodl..

ruthwithers1980

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On tip: be familiar with these cryptocurrency trading terms: https://bitcointalksearch.org/topic/m.50024489

semobo

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Quote from: wayancrypto on March 10, 2019, 11:54:41 PM

Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.

Why 8 hours? We cannot limit ourselves for working on certain hours but we can decide how many trades we have to do daily basis,lets imagine 3 trades with profit margin on 3% will be good enough.

MI6

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Betking.io - Best Bitcoin Casino

Quote from: wayancrypto on March 10, 2019, 11:54:41 PM

Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.

A lot of my mistake i do if see from your suggestion, but when i stuck in a coin maybe i still can't control my feel. Always look at market actually not good and make correct time how long we spend at trading is very good thing because when everytime we look price, we will afraid, Fomo and panic will come anytime.

wayancrypto

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Activity: 462

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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.

Salauddin1994

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Activity: 868

Merit: 15

Quote from: Sum24 on March 10, 2019, 04:58:44 PM

Quote from: Pattart on March 05, 2019, 01:08:22 AM

Quote from: ipanks on July 26, 2018, 03:36:39 AM

Quote from: Arceusz on July 25, 2018, 09:28:16 PM

In trading business you should be patience in every daily transactions of the business to be able to handle the things in this business well and to know what to do to the circumstances.

~snip~

Being positive is really important because it is only our internal positive thoughts which gives us good result of our actions, I personally believe in myself and I have all those guts to become a good trader with time, panic is like weapon to kill your own profit, don’t panic we are investor we should tryst our skills and don’t get frustrated ever.

1st learn and about the full concept in trading, follow and read the worldwide news not limited news update all the time then follow the proper analysis and all indicator use perfectly otherwise faces many of problem day by day.

Sum24

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Activity: 448

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Quote from: Pattart on March 05, 2019, 01:08:22 AM

Quote from: ipanks on July 26, 2018, 03:36:39 AM

Quote from: Arceusz on July 25, 2018, 09:28:16 PM

In trading business you should be patience in every daily transactions of the business to be able to handle the things in this business well and to know what to do to the circumstances.

yes, there is no need to be panic when you saw the market is not a good time to buy or sell. you still have another time to buy and sell if you can analyze to catch the opportunity from each coin. we really need patience in trading so we can do the best things that we can to still make a profit and we can keep trying to trade if we have a chance to buy at a low price and sell at a high price.

I think this has become a mainstream suggestion right? but why do many traders or newbies still do it? indeed patience and courage is difficult to do. because you are too negative thinking you will lose all your money, so you panic. managing trade funds is also important for that

Being positive is really important because it is only our internal positive thoughts which gives us good result of our actions, I personally believe in myself and I have all those guts to become a good trader with time, panic is like weapon to kill your own profit, don’t panic we are investor we should tryst our skills and don’t get frustrated ever.

iv4n

legendary

Activity: 3164

Merit: 1175

Here is a tip, trade just with bitcoins, or maybe some other top coin. For beginning trade only with one coin, follow some others before you get into it. Here`s another tip buy when price is going down, sell when price is going up, not other way around. You buy in dips, and dips come after drops. That`s mean don`t fall in fever when you see that price is rising and think that it`s the time for buying, it`s already late for that, some others are taking minimal profit and sell on start and after that price is dropping. Crypto trading is hard to understand in the beginning., but with time it`s get easier.

kakonhat

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Activity: 1106

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Crypto in my Blood

Quote from: nipunchathu123 on November 08, 2017, 04:52:41 AM

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

Before starting the trading you need to prepare yourself by learning how to trade.
Find a trusted and secure trading exchange site.
Don't invest all of your capital.
When you are in profit take some profit for safe trading.
Don't invest in only one coin.

reliable

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Activity: 868

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Quote from: sedahan13 on March 04, 2019, 11:54:39 PM

Trading will be profitable if we do this all things : use stop loss, understanding the trend, dont be greedy and patient, and avoid FOMO. We should be understanding price of crypto is really high fluctuacion, so we should be have target profit and exit from the market if that target profit reached.

For new traders always learn first about the coins and the market before directly entering into the market. Do your research and then with limited capital in the start if you cannot afford to lose much start with top coins only to make some money.

Pattart

hero member

Activity: 1190

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Quote from: ipanks on July 26, 2018, 03:36:39 AM

Quote from: Arceusz on July 25, 2018, 09:28:16 PM

In trading business you should be patience in every daily transactions of the business to be able to handle the things in this business well and to know what to do to the circumstances.

yes, there is no need to be panic when you saw the market is not a good time to buy or sell. you still have another time to buy and sell if you can analyze to catch the opportunity from each coin. we really need patience in trading so we can do the best things that we can to still make a profit and we can keep trying to trade if we have a chance to buy at a low price and sell at a high price.

I think this has become a mainstream suggestion right? but why do many traders or newbies still do it? indeed patience and courage is difficult to do. because you are too negative thinking you will lose all your money, so you panic. managing trade funds is also important for that

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: sedahan13 on March 04, 2019, 11:54:39 PM

Trading will be profitable if we do this all things : use stop loss, understanding the trend, dont be greedy and patient, and avoid FOMO. We should be understanding price of crypto is really high fluctuacion, so we should be have target profit and exit from the market if that target profit reached.

It's always the best thing to do not to be moved by the situations without further investigations, you have to be knowledgeable in times when people are
into panic selling or buying the assets, knowing your grounds and always be on the right path should be remember, you need to learn more in depth
details in order to be safe with your assets.

Always make a good assessment before deciding what to do next.

sedahan13

member

Activity: 462

Merit: 10

Trading will be profitable if we do this all things : use stop loss, understanding the trend, dont be greedy and patient, and avoid FOMO. We should be understanding price of crypto is really high fluctuacion, so we should be have target profit and exit from the market if that target profit reached.

noxezzhd

newbie

Activity: 51

Merit: 0

Stragedies wide-used by traders. Read and enjoy:
- Buy low, sell high.
- No one can win in 100% of cases, so sometimes is ok to lose. - Use mistakes as lessons.
- Fundamental analyses suggest what to buy, and technical analyses show when to buy.
- Don’t trade with only one cryptocurrency.
- Be impartial and consider the market like numbers and not money.
- Start trading with high time-frame and small volumes of trading position to test your strategy

BayAngelo

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Activity: 882

Merit: 17

Quote from: DaMut on November 08, 2017, 11:14:08 AM

never believe what people say about something before you do your own research.
as a beginner you need to spend most of your time to do your own research other than doing any trade.
in cryptoworld,people did not spend 100% all of their time to make a trade,
but instead they're spending 90% of it to do the research,and the rest to make the trade.
why ? because everything can be happen with it,
you can double all of your money in the next day and you can lose it all in the next day.
knowledge is a window,you need to look at it everyday in order to get any news about outside world.
everything can be a clue to make your own strategy,
lastly,it would be better for you to hold it if you can not control your emotion.
try to learn everything while you're holding it,

I DOUBT if he knows what to research and how to research.
Kindly look for sites to learn how to trade first. what trading is all about. what and what you want to trade.
start from the basics first.
one good place to learn from is on Youtube.
you will see a lot of trading tutors.

Fury Road

jr. member

Activity: 86

Merit: 1

The trading tips that I can give: 1. Learn how to trade, 2 Have a trading mentor, 3. Trade demo for sometime. 3 Have a trading plan, 5. Choose your trading time. 6. Always trade with a stop loss and Take profit. 6, have a reasonable capital and apply money management while trading.

moneymakescents777

newbie

Activity: 42

Merit: 0

Buying oversold crypto’s are the key. Try Canya coin CAN it’s heavily oversold https://www.coinspot.com.au/buy/can

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

After reading all the tips that they posted, what you need to do next. Those tips will be useless if you don't apply those. Remember that the best teacher is experience. What worked to those who gave you tips in trading may not work for you. Don't worry to commit any mistakes, it happens to anyone. Just make sure that when you trade, use money that you can afford to lose.

Fury Road

jr. member

Activity: 86

Merit: 1

First of all, do not invest all your money in a single asset.Try to distribute your funds wisely. It is better to use up to three or five percent of the total amount to buy a single crypto when speculating. For investors those figures may be higher. Use funds that you can afford

Topic: Trading tips - page 4. (Read 3409 times)