Trading Tips for Beginners - page 15.

sabarr

full member

Activity: 364

Merit: 100

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

learn and read a lot in this forum because here a lot of knowledge about trading and better start with a small amount first to learn

fiomcorka

sr. member

Activity: 496

Merit: 254

Quote from: layoutph on November 13, 2017, 10:57:53 AM

Not just newbies, long term traders also lose their money. But the difference is, experienced traders has their own risk management skills to lessen the amount of lose money by making stop loss and thorough technical analysis from reading the charts.

So some DOs and DONT's

DOs
1. Learn how to read basic chart patters, it could save you from bad trades.
2. Research about the coin you are about to invest with.

DONT
1. Dont run to ride a rising coin, anything that pump fast, will fall fast.
2. If you are planning to trade, divide your allocated trade money for separate trades, it could save you by using average down.

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

All you are telling are the best tips for the newbies and these tips will lead the person to become successful and I want to add some more that learn trading from any expert around you because teacher is the necessary part of learning and good and expert teacher give good lessons so stay in contact with some expert or stay online on this forum this forum will also help you to learn lot more new techniques of trade.

meyklove

member

Activity: 210

Merit: 14

You should study the fundamental and technical analysis of trading. Read news, updates and background of the coins you want to trade with. And lastly, stay away form HYIP and Referal schemes because they are all scams.

Jaya912

full member

Activity: 280

Merit: 101

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

First i always remind beginner to start trading with money that they can afford to lost.
So by prepare small amount, it can build your good mentality in trading.

Robin789

member

Activity: 112

Merit: 10

For begginers its really hard. it takes maney pursuit, and experience,
I think begginer can start his trading with small amount and research every coins what is the best coin for trading.
its my opinion.

Shanmatthew

member

Activity: 243

Merit: 10

I'm a newbie too my friend,my advice first is read forum for newbies guide.ask some of your friends that already known this bitcointalk.org to know more tips.for trading you need to be patients and hold your emotion.because trading is so risky.sometimes the value of coin is down in a seconds.and pump again.and then monitor always your coin if you already in trading.

Good luck!

gadipas

newbie

Activity: 110

Merit: 0

Don't be greedy too much, sell when it reaches to your goal target and change into the new goal target.

ajiejot

full member

Activity: 392

Merit: 112

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

Don't get HYPE by other people or fake news. Do read and research always. Trading is very risky and you can't predict the market. Also keep updated on social medias of different coin because if there are good news, coin may be pump.

expless

member

Activity: 200

Merit: 11

Quote from: jonatuzc on November 12, 2017, 04:07:30 AM

Quote from: oyinkansolaberry on November 07, 2017, 09:39:10 AM

You need up to date and timely information to be able to use market fluctuations to your advantage.

Every good decision comes with facts and figures. And like you have said so true, keep yourself updated with this so that you can’t just lose your money in wrong way. Bitcoin is the only on coin in crypto world that have so minimum chances of loss.

But that depends on the person who is dealing with it. If that person is a little wise in his capacity, I must say he will definitely earn amazing.

If you want to stay in profit in this world of digital currencies, you need to work hard and it is mandatory for you to stay updated about all recent events in the crypto market. Obviously those decisions which are made on realistic approach rather than those which are merely made on fantasy and predictions. Focus on the articles which are telling you about the updates.

Estimated

newbie

Activity: 44

Merit: 0

The best tip is always buy low and sell high. Usually that is the algorithm of most bots and successful traders, it just depends on how well does a trade determine when it is at its peak or at its bottom.

brotherwood12

member

Activity: 686

Merit: 30

im still beginners , but i hope i can help you
1st thing , looking as much as possible about altcoin what you want trading , about new inovation , news and anything , this is the important thing you must do .
2nd is do it with low money first , because you are beginners , you still have nothing experience and if you lost all of your asset on that , you just lose little
3rd thing is dont cut loss to fast and hold too long , see the situation , some people sell their coin because of fake issues and do panic sell
take your moment of that to buy a coin and get much profit Grin

happy trading

forkchain

member

Activity: 95

Merit: 10

Quote from: nightways on November 18, 2017, 05:00:20 AM

Quote from: BTCMILLIONAIRE on November 10, 2017, 02:11:35 PM

Quote from: travelgear17 on November 10, 2017, 01:41:01 PM

Slow and steady wins the trading race, it’s cliché I know, but it’s so true. Trading with high frequency opens you up to a world of emotional trading mistakes that will destroy your trading account and your self-esteem. i am used to this point so much.

That's why I avoid manually doing any high frequency trading. Seems more fruitful to me to get better at programming and statistics, since those skills can be applied to other problems too. But I'm sure some people just enjoy trading by hand for the thrill, which can be quite nice too.

Learn before implementation of things practically and stay in touch with the successful investors of this filed and gain some knowledge from them this will lead you to achieve big profit in short time and this forum also help a lot and many other trading sites are available on which very helpful material is present so go through it and then gain experience by doing trading and this step by step things will lead you to be successful.

If you are new in trading then I will suggest you buy some bitcoin and keep them for a time when the rate of bitcoin is increased from the present rate then sale them and remember that never invest your all money in one place and keep your contact with a big traders and investors.

Granxis

hero member

Activity: 1400

Merit: 536

Absolutely do not give your money to a coin, split your money into 4 pieces and invest with equal parts. I have lost a lot these days, I have not implemented this method.

ethereumhunter

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Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

if you have learn by watching video or read some tutorial about trading, then you need to practice in every time because to be pro trader, you need more time to mastered everything and you need to learn from step by step. without practice of what you learn then it is hard to be pro trader and you can not make profit at all. the more you learn, the more you will get, and with practice soon you can mastered what you learn.

ronafurw

full member

Activity: 420

Merit: 102

Quote from: tatam on November 10, 2017, 01:34:25 PM

I want to be a pro trader can some one direct me am a newbie but I love to trade thanks

For being a good trader, you have to see many things. First of all just fix your mind on the fact that there will be profits, losses and risks attached to your trading. Then I must say the most important is to work out, learn and learn more about what is trading. How to do it. What are pros and cons for it? Be patient in your decisions and put your hard efforts in making good results.

nightways

full member

Activity: 434

Merit: 102

Quote from: BTCMILLIONAIRE on November 10, 2017, 02:11:35 PM

Quote from: travelgear17 on November 10, 2017, 01:41:01 PM

Slow and steady wins the trading race, it’s cliché I know, but it’s so true. Trading with high frequency opens you up to a world of emotional trading mistakes that will destroy your trading account and your self-esteem. i am used to this point so much.

That's why I avoid manually doing any high frequency trading. Seems more fruitful to me to get better at programming and statistics, since those skills can be applied to other problems too. But I'm sure some people just enjoy trading by hand for the thrill, which can be quite nice too.

Learn before implementation of things practically and stay in touch with the successful investors of this filed and gain some knowledge from them this will lead you to achieve big profit in short time and this forum also help a lot and many other trading sites are available on which very helpful material is present so go through it and then gain experience by doing trading and this step by step things will lead you to be successful.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

The best thing is to learn the market first. See how other people are trading. Learn from them and from their mistakes. Cryptocurrencies does not follow the traditional economic/market laws.
Make sure before investing on a coin its not a shit scammy coin which are just used for dumping and pumping. Most of them are just clones of currently existing markets.

kuronokishi10

full member

Activity: 210

Merit: 100

According to me trading is basically dependent on 2 things
1.85%skill(ability to strategize)
2.15%luck(prediction,etc.)
But these actually matter when you at least know some basics about trading.
Some of the tips would be
Regularly check the btc values and be updated with the news
Never act instinctively and always proceed with caution
Only risk what you can afford to loose,there is no point in crying after loosing the money.

2girls

sr. member

Activity: 1002

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Tontogether | Save Smart & Win Big

I suggest you to first learn about the basic thing that relate to trading. You have learn much as you can i think YouTube and google can helps you in trading. Since the trading is to much risky so do what i said you have to learn about the basic. Also don't try to selling with panic situation always be positive. Never invest your all money with trading try to trade with less. Thought about your experience how you feel and then invest more.

bobyhodob

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Activity: 1162

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Quote from: Eloisa on November 16, 2017, 07:39:01 AM

Quote from: lichao1395427 on November 16, 2017, 07:08:31 AM

First, learn about trading from group, friends and books. Second, analyze ( calculate ) your take profit, stop loss and margin. Third, trade with little money on the real market and face the risk. Do that again and again until you have understanding about how real market works. I suggest never lost your emotion, it's bad for you. Thank you and good luck.

A very solid advice.. Controlling emotion is the key.. be objective all the time

Therefore we must have a lot of experience, the experience will make us able to control emotions because emotion comes when we do not know what to do so that it always wants to make us greedy or avenge the defeat. learning and practice with small capital is a great way to find the experience.

Topic: Trading Tips for Beginners - page 15. (Read 5225 times)