Trading Tips for Traders here - page 3.

KnightElite

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Quote from: iv4n on January 08, 2020, 02:59:37 PM

Quote from: gabbie2010 on January 08, 2020, 12:19:21 PM

They are good tips indeed particularly learning the rope before embarking on a trading journey I always emphasizes doing through research on the internet where there are countless numbers of strategies to choose from while choosing the right instrument to be traded, crypto currency trading seems to be more easier than option, metal and forex trading according to some trading experts.

"Learn the Ropes", it's what you found as most interesting thing in this article, me too. But I think it's not well explained, learn the ropes means a lot of thing, it means to learn the field, where are the borders, the rules, what you can do, what you can do, and to learn about hidden tricks you can use.
When you go trough the comments here and on other places too you will see that many people don't know basic things about trading, but they wish to make profit and be successful, how is that possible?

Most of the goals of the traders are to beat the market but for me it is not should be our goal, the ideal goal that we have is to have consistent earning in the cryptocurrency market and also to have a high winning rate. Through experience we can become a trader who used to take high risks strategies. It is possible to become successful if we have courage to take risks and also if we will work hard in terms of learning about new information.

jazmuzika217

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Thank you for the tips but I think your though is very generic and basic . If you really want to help you need to be specific on what topic that you want to emphasize. New traders or even old traders need to have a good and clear tips that they can apply to their daily activity. Don't give them any confussion because it may cause of their wrong move that can cause their loss.

Capt00

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Quote from: DimitrisLodirogas on January 06, 2020, 04:17:23 AM

Forget about tips and stuff. What everybody should do in the beginning of trading career is educate yourself and get grasp of basics first. There's just to many fomo cases throwing money in like insane and then putting together trading tips...

That should exactly we do now. Trading tips won't certainly give you help but it only bothers you in the future when asking you for money in returns for the tips that they'll give to you. Trading tips are just like a trick that scammers do, it often to become victims are those who want easy money, greedy people and those who don't have enough knowledge in trading.

iv4n

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Quote from: gabbie2010 on January 08, 2020, 12:19:21 PM

They are good tips indeed particularly learning the rope before embarking on a trading journey I always emphasizes doing through research on the internet where there are countless numbers of strategies to choose from while choosing the right instrument to be traded, crypto currency trading seems to be more easier than option, metal and forex trading according to some trading experts.

"Learn the Ropes", it's what you found as most interesting thing in this article, me too. But I think it's not well explained, learn the ropes means a lot of thing, it means to learn the field, where are the borders, the rules, what you can do, what you can do, and to learn about hidden tricks you can use.
When you go trough the comments here and on other places too you will see that many people don't know basic things about trading, but they wish to make profit and be successful, how is that possible?

gabbie2010

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They are good tips indeed particularly learning the rope before embarking on a trading journey I always emphasizes doing through research on the internet where there are countless numbers of strategies to choose from while choosing the right instrument to be traded, crypto currency trading seems to be more easier than option, metal and forex trading according to some trading experts.

jostorres

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If you really study well enough before you trade and if you do paper trading before you actually start trading you will be starting 1-0 over everyone else.

Do not forget that you are fighting against other humans (or trading bots) and not a machine that is designed to keep you losing, if someone else loses money that means you can be getting that money and for that you need to know what the price will be before they know it. That only happens with 2 things, one is knowing what you are doing and do not going with the flow of the market, that is why many big traders go in when others go out and get out when others go in, secondly and most importantly you need to practice, your first trades may not be good but if you insist and keep trying to be better in the end after years of trading you will become much better.

DimitrisLodirogas

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Forget about tips and stuff. What everybody should do in the beginning of trading career is educate yourself and get grasp of basics first. There's just to many fomo cases throwing money in like insane and then putting together trading tips...

Karmakid

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Quote from: Distinctin on January 03, 2020, 07:01:50 PM

Quote from: ?? on ??

Be vigilant about the advice the other one offers you, just trust yourself and it's going to be all right. If you follow the advice of the other self-proclaimed gurus, there are times you will lose money. False information is available throughout the internet, so be cautious about the tips of the others. If you're still following the others ' advice, make sure it can help you and it won't get you down.

That was right, cause many people tried to help but later on they will ask for payment. There is no wrong with that but the problem may exist when they'll keep asking for something that could lead to fraud.

@OP, don't let this thing happens to you. That is why we have to stand our own feet. Trading can be easy to learn, the only thing that makes everyone struggles difficult is how to make their own strategies and as well as having good TA's.

Yes, learning how to trade is not that hard because there are tons of information around the internet that the aspiring traders can use. To be safe and do not lose a lot of money through your beginning days, you should try paper trading or try to open a demo account in some exchanges so you can test your own formulated trading formula.

Distinctin

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Quote from: ?? on ??

Be vigilant about the advice the other one offers you, just trust yourself and it's going to be all right. If you follow the advice of the other self-proclaimed gurus, there are times you will lose money. False information is available throughout the internet, so be cautious about the tips of the others. If you're still following the others ' advice, make sure it can help you and it won't get you down.

That was right, cause many people tried to help but later on they will ask for payment. There is no wrong with that but the problem may exist when they'll keep asking for something that could lead to fraud.

@OP, don't let this thing happens to you. That is why we have to stand our own feet. Trading can be easy to learn, the only thing that makes everyone struggles difficult is how to make their own strategies and as well as having good TA's.

djsugar

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Try to think like a whale!
Because of the manipulation, reading technicals can become really tough. Whales can suddenly change the trend of the market and then people out of the fomo start following it.
So keep a watch on that.
The other most important thing is to keep a tab on volatility and volume. This can be said about any trading instrument but it becomes really crucial for crypto trading.

Darooghe

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Quote from: Danumsigwasan on December 28, 2019, 09:24:25 AM

Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.

From my experience the biggest benefit to my trading is watching the market all the time. when I have spent days in front of screens then I am much more easily able to make typically more successful short term trades. If I can only glance at the markets a few times a day during working hours my trading goes all wrong. Further, the biggest threat to success in trading is impatience, not waiting for the right trade entry point makes it pointless. You should just wait for the high or low that you're expecting in a pattern and then dive in.

Yamifoud

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Quote from: marcous on January 03, 2020, 10:15:58 AM

Quote from: Danumsigwasan on December 28, 2019, 09:24:25 AM

Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.

to be honest, when I start trading I never read any article sources. but learning with who experienced it is easier to understand. actually the simple way of trading is that you enter at the right moment and take profit at the right time. in the sense of buying cheap and selling does not need to be too expensive, you should be able to see how the current market situation. the trading practice is necessary because the theory of trading is very different from the lessons when schools. remember crypto trading has a definite risk of loss and you must be ready about all the risk

That it really makes sense...Buy every dip? People never think it was right or wrong. Many traders are just putting into their attention about the price, when to sell and when to buy but they just forget to see the perfect one. Trading can be sometimes it plays with luck. Why? Its because no one knows what will happen next. Buying Bitcoin today and it pumps tomorrow, that was luck IMO, it gains instantly but unfortunately, it never works all the time. That is why, if we have knowledge about technical analysis(TA), it helps us to increase our profitability in trading.

marcous

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Quote from: Danumsigwasan on December 28, 2019, 09:24:25 AM

Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.

to be honest, when I start trading I never read any article sources. but learning with who experienced it is easier to understand. actually the simple way of trading is that you enter at the right moment and take profit at the right time. in the sense of buying cheap and selling does not need to be too expensive, you should be able to see how the current market situation. the trading practice is necessary because the theory of trading is very different from the lessons when schools. remember crypto trading has a definite risk of loss and you must be ready about all the risk

Negotiation

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We can learn a lot by following your tips in the new but I think there are a lot of strategies we need to follow before starting a business. Which are not in your link We'll be sure to update if something new updates There are also many sides that are scammed so it is better not to do any business on the side.

Xxmodded

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Quote from: quarkfx on January 03, 2020, 06:45:29 AM

serious traders will be learning from everything , new traders should start from basics but new traaders should also know that just reading tips will not help them in becoming successful , if this was the case then everyone who read tips will be making ton of money , traders who takes this tips seriously and implement it will improve in trading

Beginner must read basic first about how to trade with bitcoin and altcoin from how to deposit and withdraw coin then looking for which one good exchange market have many option for trading with altcoin. Must read many source link information and always check price last one week ago for some altcoin to trade, we can choose coins after raise higher price because very risk after coin dump looks hard getting back to higher price.

quarkfx

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serious traders will be learning from everything , new traders should start from basics but new traaders should also know that just reading tips will not help them in becoming successful , if this was the case then everyone who read tips will be making ton of money , traders who takes this tips seriously and implement it will improve in trading

Murat

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You can't get success in this system until you have gathered a lot of information about the market, I think if you want to make something special then you must read a lot of things regarding this market platform, create a plan which is based on your experience and realistic, never take any decision from your emotion because it will kill your spirit, Don't do too much trading at a time, most of the newcomer do this without any proper reason. again i want to say don't do trade too much at a time.

Capt00

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Quote from: vintages on January 02, 2020, 04:37:04 PM

This is more like a basic guide, of what new traders should know yet it is not complete.
Every new trader should learn to demo trade before actually trading, this one tip should have been included in the tip.
Also, it made no mention of eliminating greedy when trading, this is another way new trader fall too quickly.

Greedy is not the reason to fail but on the other hand, it also a reason for us to motivate and even encourage to work hard. I don't think that all be negative when talking about this. The most common reason why most traders fail is because of their emotions( uncontrollable emotions) dragging them in the wrong direction because they can't even think wisely.
This is particularly a thing they should need to change, otherwise, they leave nothing here.

leowonderful

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You should ideally be learning just the fundamentals of trading and nothing specialized when you start trading as well; you likely won't even have enough and/or the correct knowledge to even start experimenting and finding the style of trading you enjoy the most initially, and to gain this knowledge, you'll need to invest time and your attention to more beginner-oriented materials such as books or online guides.

These tips are also extremely vague or too general, and don't do much to emphasize the potential losses that can be associated with trading. You can easily turn trading into gambling with just a few clicks, and that's something every trader should realize before starting.

vintages

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This is more like a basic guide, of what new traders should know yet it is not complete.
Every new trader should learn to demo trade before actually trading, this one tip should have been included in the tip.
Also, it made no mention of eliminating greedy when trading, this is another way new trader fall too quickly.

Topic: Trading Tips for Traders here - page 3. (Read 1184 times)