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Topic: Wanna Know how to trade? - page 5. (Read 1039 times)

full member
Activity: 1498
Merit: 146
May 13, 2020, 10:19:17 AM
#72
Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Experience will make you as a better person in handling trading related things but everyone fails in crypto trading even one who mastered FA,TA,news analysis and everything because this is highly volatile market but they knows how to reduce their losses on certain conditions where rookies will lose everything.
hero member
Activity: 2814
Merit: 576
May 13, 2020, 10:18:06 AM
#71
Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

yes I think that is the key to trading, where we have to learn from failure and always see the gap of failure because I think in each of these failures we can see little opportunity for our capital to successfully trade
Embracing our own failures and definitely learn from them is a good start to become a good trader in the making. It does not mean that if we commit failures, we are bound to make continuous losses. I think it's more of a good motivation to keep on trading after you have learned lots of lessons from your varied experiences.
copper member
Activity: 490
Merit: 2
May 13, 2020, 09:59:48 AM
#70
Greed is the worst problem of trading and unfortunately, 5 percent of traders that succeed are only successful because 95 percent of others have failed to meet the right decision. It is almost impossible to be among those 5 percent Wink
member
Activity: 504
Merit: 11
May 13, 2020, 09:53:16 AM
#69
Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

yes I think that is the key to trading, where we have to learn from failure and always see the gap of failure because I think in each of these failures we can see little opportunity for our capital to successfully trade
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 13, 2020, 03:35:54 AM
#68
using our own money or cold money make our mental and psychology kept. no emotion or uncontrolled decision while we see market crashing. but if we use money from our emergency fund, when market move againts our direction its be easy to make us panic.
Yes, that's right, but traders who already have a lot of experience in the field of trading, then they never use emergency money to trade, because in my opinion only stupid people who use emergency money to trade in the market.
full member
Activity: 542
Merit: 119
Hello World 👽
May 13, 2020, 03:19:10 AM
#67
Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Everyone lose their money while early days of trading and we have to accept it because it's part of it. That's the reason to start with small to make sure you're not going lose much money. After spending enough time on trading eventually you will understand how trading market works. Experience will give you strength to trade with bigger amount.
sr. member
Activity: 1036
Merit: 275
May 11, 2020, 05:21:50 PM
#66
Cryptocurrency trading is not much profitable as it was two years ago. However, it will be worth the knowledge if you try learning and probably divert into margin trading where you can make huge profits within seconds. Careful about margin trading though because it can be very volatile
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 11, 2020, 04:13:08 PM
#65

And remember, never borrow to start crypto currency trading and investment; it affects your emotions while trading.
This last statement caught my attention. Borrowing to trade should never be an option, because whenever you are trading and it seems that lose is gradually crawling in, then you start thinking of how to pay back peradventure you lose, which might eventually cause you to make the wrong decision.
It might be very common to say only invest what you can afford to lose. This is also applicable in trading. Only trade with what you can afford to lose.
While I agree that a person should never borrow money to try to trade the markets then this means those very same traders should never use margin trading at all, which is nothing more but to ask for borrowed money to trade the markets and yet I see that all the time, whenever you hear a story of someone losing all of their capital in a matter of minutes or hours most of the time you're going to see someone that was using too much leverage and did not knew what he was really doing, so if you are just a newbie trader you should avoid margin trading at all costs.
member
Activity: 636
Merit: 11
May 10, 2020, 08:52:55 AM
#64
I believe one of the ways to overcome fear in trading is by trading with spare funds that you can afford to lose.
never borrow to trade or invest, it gives peace of mind and confidence while trading if you use your own money.

using our own money or cold money make our mental and psychology kept. no emotion or uncontrolled decision while we see market crashing. but if we use money from our emergency fund, when market move againts our direction its be easy to make us panic.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
May 10, 2020, 08:44:58 AM
#63
I believe one of the ways to overcome fear in trading is by trading with spare funds that you can afford to lose.
never borrow to trade or invest, it gives peace of mind and confidence while trading if you use your own money.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
May 10, 2020, 08:40:19 AM
#62
generally is buy when prices are cheap and sell when prices are high. and of course every trader has a different strategy. for me personally in trading certainly buy some stable coins or coins that have high volumes, and is done in large exchanges such as Binanc or Kucoin.
Before deciding to trade, we must be prepared to accept the risks that will occur, even experienced traders can get caught in a pit of loss because the cryptocurrency market is very difficult to guess. Having a surefire strategy is the main capital in trading, Remember, do quality trade, not with quantity.
member
Activity: 92
Merit: 10
May 10, 2020, 05:38:31 AM
#61
generally is buy when prices are cheap and sell when prices are high. and of course every trader has a different strategy. for me personally in trading certainly buy some stable coins or coins that have high volumes, and is done in large exchanges such as Binanc or Kucoin.
copper member
Activity: 1120
Merit: 2
May 10, 2020, 04:59:59 AM
#60
I don't think there is a better resource than awkwardness.It is easier to work if you have previous experience in any job.One needs to gain experience in trading.First you have to take some amount.If it is damaged, it will not be a problem.And you have to follow the updated news regularly.I think it is possible to do better then.
copper member
Activity: 262
Merit: 1
May 10, 2020, 04:15:21 AM
#59
I suggest before beginning of trading you need to know about technical analysis. Than you need to know how to control emotion in trading. A trader learns from experience, I suggest if you start from scratch, it is geological that we come into contact with breakdown or suffer a damage in trading. but the points we tin be taught from trading are, not greedy, not shifting strategies, not emotional, for all time monitoring the coins you trade and it is main not to assistance fat resources if you are a beginner.

sr. member
Activity: 1428
Merit: 251
May 10, 2020, 01:05:32 AM
#58
Failure doesn't always be the end, every traders must be have some failure experiences on trading.
In crypto, price is not always stable, it means always fluctuating and become harder to trades. After all, experience is the factor of trader to become a success trader.
a trading expert does not always make a profit in trading, sometimes they also lose their assets because the market is difficult to guess, so for beginners the point is to take the risk of loss and always learn to research the market, there are many sources of learning to trade free on this forum

Of course, even a skilled trader would certainly lose his trading. With loss, a trader is able to come up with a new strategy that fits his or her own so I think the loss is an experience that needs to be learned
hero member
Activity: 1554
Merit: 503
May 10, 2020, 12:00:33 AM
#57
Failure doesn't always be the end, every traders must be have some failure experiences on trading.
In crypto, price is not always stable, it means always fluctuating and become harder to trades. After all, experience is the factor of trader to become a success trader.
a trading expert does not always make a profit in trading, sometimes they also lose their assets because the market is difficult to guess, so for beginners the point is to take the risk of loss and always learn to research the market, there are many sources of learning to trade free on this forum
legendary
Activity: 3108
Merit: 1029
May 09, 2020, 11:49:59 PM
#56
Traders fail and often failed at starting time. To become a better trader and win the market we need to learn from our mistakes, avoid to repeat mistakes, learn more knowledge, have good trading strategies, always track the news.
Those things are the main requirements to be a very skillful traders. I do agree with your opinions but it will be much better if the newcomers or newbies can try to follow or at least try to do some research to the strategy that already used by expert to trade in the market.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
May 09, 2020, 10:43:43 PM
#55
Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

Failure doesn't always be the end, every traders must be have some failure experiences on trading.
In crypto, price is not always stable, it means always fluctuating and become harder to trades. After all, experience is the factor of trader to become a success trader.
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
May 09, 2020, 11:48:29 AM
#54
Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Trading weakness is not fear or been afraid, it's about the choices we make, my strategy is all about buying low and wait for hours, days or weeks or even months to sell high, it depends on when the next opportunity comes Knocking
sr. member
Activity: 1190
Merit: 250
COMBONetwork
May 09, 2020, 11:38:48 AM
#53
easy to trade, you learn about Support and Resistance then you can determine where you are ready to sell or ready to buy,
all on YouTube or Google, learn and never give up my friend Grin
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