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Topic: Wanna Know how to trade? - page 7. (Read 1039 times)

sr. member
Activity: 1701
Merit: 308
May 08, 2020, 03:45:55 AM
#32
In trading indeed we do not always win even often fail mamun we have to find where our mistakes and continue to improve and rest assured for the future certainly get satisfactory results, for the first time trading do not be too ambitious to get results but learn first how to trade properly.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 08, 2020, 03:31:41 AM
#31
Many people says that trading can be learn and we can money from it. I hope people realized that is not easy as they can say. There are basic guides for this to learn but concept should be learn with experience and rely also on may factors not just the technical analysis. Right now, as we approaches halving we can see that it bypass the fundamentals of technical analysis and traders are confuse whether they are correct or following right what they learned.

I am most the time loses than gaining on trading so I know how hard it is to do this.

It needs some time to learn to trade. Learning process about trading itself will not stop even if you already have much experience in trading because the market will always move and change from time to time. If you don't improve your skills in trading, you will feel difficult to make a profit, and that means you need to learn more about trading.

You can follow the fundamentals or technical analysis, but you should analyze by yourself, so you don't get panic if they don't give the right information about the market. In the halving moment, there will be so many predictions from other people, so you need to figure out by yourself to find the real information.
sr. member
Activity: 644
Merit: 257
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May 08, 2020, 12:07:49 AM
#30
Many people says that trading can be learn and we can earn money from it. I hope people realized that is not easy as they can say. There are basic guides for this to learn but concept should be learn with experience and rely also on may factors not just the technical analysis. Right now, as we approaches halving we can see that it bypass the fundamentals of technical analysis and traders are confuse whether they are correct or following right what they learned.

I am most the time loses than gaining on trading so I know how hard it is to do this.
member
Activity: 634
Merit: 10
May 07, 2020, 07:33:18 PM
#29
Yes experiencing failure helps in improving to be better. But the fact that failing and failing in trading does mean it's okay. We have this what we called "capital" that will hep us to make profits, if failing will always comes in our way everytime we trade, what else will happen to us? Yeah, we'll learn but at the same time we lose our money. So I'll say that it will be better that if we fail, make sure to learn from it quickly so you won't experience the same mistake over and over again.
member
Activity: 368
Merit: 11
May 07, 2020, 07:27:24 PM
#28
You may not be able to change the past but can learn from it. Failer is the best lessons in my opinion and it is out of the question. But that doesn't mean every fail can bring you to success. l mean we don't need to be better in trading, we must only try following good strategies and also seeing something that others don't see. Every day try to find new ways and just follow just some of them, which can bring you to success.

Arguably the realest message I've read today. consistent failure dosen't quaratee success, it will only make you understand the market better and if you end up not learning lessons from the failures, you'll end up keep failing. This is similar to the fact that the higher the risk, the higher the output but when you don't take calculated risk, you'll end up Rekking your assets
member
Activity: 868
Merit: 16
May 07, 2020, 07:16:20 PM
#27
In the trading field is not about you are good how to make an analyst but more than that you need an experience and I think an experience is the important part when we get success in trading. It will be better for some newbies here who want to try to trade they may need to do more practice rather than they learn about trading strategy. You can spend a little money first to start and you have to willing to lose all your money or it means you failed in it.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
May 07, 2020, 07:10:30 PM
#26
You may not be able to change the past but can learn from it. Failer is the best lessons in my opinion and it is out of the question. But that doesn't mean every fail can bring you to success. l mean we don't need to be better in trading, we must only try following good strategies and also seeing something that others don't see. Every day try to find new ways and just follow just some of them, which can bring you to success.
full member
Activity: 573
Merit: 102
May 07, 2020, 05:40:40 PM
#25
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.

You are right, there's a general saying that practice makes perfect and it's apply in any field of life. The key to success is consistency and keeping the hopes high. By making mistakes or failing, you'll be learning a lot and there is a greater chance you won't make such particular mistakes which means you can make just so far for surely one day, you'll emerge victorious
sr. member
Activity: 1176
Merit: 265
May 07, 2020, 04:27:46 PM
#24
You can approach to trading as a game, gambling - you always loose because you don´t know what you are doing. Or you can learn and try to be better than 90% traders and then you will earn their money.  Cool Wink
copper member
Activity: 482
Merit: 1
May 07, 2020, 04:19:47 PM
#23
The best way to learn is by failing. Sometimes you have to look beyond failure. The fear of avoiding failure is what makes some people not to trade at all. I know many people in that category that entrust fund in other people hand to trade for them. I prefer to do it yourself.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
May 07, 2020, 02:56:03 PM
#22
Actually, it depends on the market, you can learn the charts, but your prediction is not always correct, sometimes it will be missing or wrong.
Like the current market conditions, BTC has increased as the number will halve in a few days and in a situation like this, which is very difficult to predict on the basis of diagrams, people are more dependent on Fundalmental at this time.
sr. member
Activity: 1596
Merit: 264
May 07, 2020, 02:43:28 PM
#21
Easy to tell but hard to execute, OP.
There is an emotion involved and it is hard to control that inside trading since it involves your money that could lost anytime if you didn't do it right.
Failing is part of trading, but it shouldn't be the primary focus.
Been saying that in my own ears when I traded back in the days.
member
Activity: 1022
Merit: 20
RiveMont
May 07, 2020, 02:31:38 PM
#20
I think to be successful two traits are very necessar, one is being patient and the other is money management.
So if you are a type of guy who is always in a hurry or want to earn fast orget rich quick then trading is not for you.
Similarly, you need to have big capital and trade only with 1 to 5 percent of your capital otherwise you will burn your account soon.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 07, 2020, 02:28:12 PM
#19
Learning to trade is not easy. You need to learn how to analyze the chart, learn how to enter the market. The other thing that you should know is you don't have to go all-in if you are still learning about trading because that can make you get to lose the money if the price is moving down. Besides that, you need to have to know about controlling yourself in trading as the market will not constant at one price only.
member
Activity: 690
Merit: 12
There are consequences for every action
May 07, 2020, 02:08:32 PM
#18
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.
the problem about failure is if you already use all the money you have in first attempt . Greedy is the reasons why many people fail as long as they are greedy to earn higher amount in trading there is always possibility  to be lost in one mistake like waiting for another increase in price which is sometimes not gonna happen.

You are right about the loss ot funds, this is why it us ideally advisable that every trader or investor does so with their spare money, that they can do without, be it 1000$ or 200$, it has to be your spare.

Always do your own research a
member
Activity: 736
Merit: 11
May 07, 2020, 01:46:30 PM
#17
a trader learns from experience, I mean if you start from scratch, it is natural that we experience failure or experience a loss in trading. but the points we can learn from trading are, not greedy, not changing strategies, not emotional, always monitoring the coins you trade and it is important not to use large capital if you are a beginner.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
May 07, 2020, 01:22:14 PM
#16
Bcoming a real and professional trader is not easy for that you need to learn how to take losses as well i am talking about stop loss i know most of the traders do not use that and result in losing all their capital, so risk management is the key and we have to understand that we cannot win each and every trade so along with learning how to trade we should also groom ourselve psychologically to be a better trader.
jr. member
Activity: 938
Merit: 1
May 07, 2020, 01:18:16 PM
#15
At first need to Create a Exchangers account for trade. Then you have to analysis cryptocurrency market. Then you have to select some stable coin such as ETH, Ripple, XLM,  Doge Coin And have to see marketcap, Total supply etc. Then you can trade. I think it will be helpful for all traders.              
sr. member
Activity: 2002
Merit: 250
May 07, 2020, 01:15:18 PM
#14
everyone has their own way of trading, I will tell them, I use analysis with Trading View and determine the direction with the trend line, and of course support and resistance are very important to determine it, now the price of Bitcoin has broken through resistance maybe we will see $ 10000 before Halving  Grin
legendary
Activity: 2282
Merit: 1041
May 07, 2020, 01:05:39 PM
#13

Learn how to read the charts. It's okay to fail if your rate will just 6 and above out of 10 failures. Below that, you really need to get back to the basics. Or simply just earn. There are projects that will just give you dividends, invest in it if you don't wanna worry that you will keep failing.
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