Topic: What are the basics of trading? - page 13. (Read 1853 times)

Before plunging into trading you must know the basics, the basis of trading is enough tau master the market, the right knowledge and must be strong to withstand emotions will bring you to be successful.

What about margin trading? Do i have to use margin or not? How (if yes)?

Never buy currency for the full amount, always leave a little money to buy even lower
And of course not to panic when the market falls

wait for coins with red prices and start to buy it, if I prefer to invest in some new moon I sell, the most important not to panic and just wait.

on the Internet a lot of information about trading on exchanges, what is the problem?

I think basic trading is just patient, the technique I think is only a few percents, maybe I think only 10%, and the rest psychological and patient

according to the current developments, the basic foundation for trading !!!
Positive market conditions
At this time usually the price is slightly up, your job only pay attention to the movement of coin and sell it above the price you have bought before. And do not you try to make a purchase if you do not want to lose. Get the profit margin at reasonable limits, not too much. Because the other traders are people who are smart in trading.

Negative market conditions
This time usually a little cheaper price, just less price. Do not make purchases below reasonable limits
But what if already buying coins at the time the price rises, and it turns out coin administer a very drastic price, immediately take the decision to sell it. Then diharga below immediately do the repurchase, to anticipate the fatal losses, at least we can support the capital as usual.

Market conditions stagnate
Stagnant market conditions or often referred to as Ping-Pong is very exciting. Where prices are rising up not too significant, but can quickly fast (up and down). It is often used by small traders to take profit of 1% to 3% of the moment of continuous ups and downs of prices. Relaxed they care about the market.

Predicting market prices
As discussed earlier, the minimin of the miners in Indonesia the price of coin is higher in overseas. Traders usually see the outside price as a benchmark price up and down. We can use ticker to monitor International price. If there is a difference of more than 150,000 IDR usually our price will follow and you can guess the price that will happen. Price in Indonesia with cheap price, take advantage of this moment to read the trend.

In the case of digital currency trading we need to apply the primary basis, ie take the big risk from which we prepare losses before deciding to trade crypto currency, because cryptococcal trade does not always produce profits but losses can be felt at any time, if we do not pay attention to this simple thing.

Yep, that is a bit of an overinflated market, but on the end life in general is about buying cheap and sell expensive, coins, work or whatever you choose.

I would advise you to start reading literature on this topic. For example, "Reminiscences of a Stock Operator", "The Disciplined Trader"

I dont know if i would laugh or not but its just really a common sense thing that we do really need money before we can able to engage into trading yet this is classified as an investment which having money would really be required. Basics of trading should really be done at first steps which is common where there are lots of tutorials and newbie guides in the net, all you need to do is to surf and make a self learning.

If I was a beginner and decided to learn more about trading crypto currencies, I would start by studying special forums, sites, channels on Youtube.

For better work, you need to do not only the analysis of the project the relevant coins, but also monitor the market, Analyzing how and then the price may rise or fall. It is on the difference in price that a trader makes a good profit.

The number one basic of trading is to know if it is profitable or not,you should determine the market motion of the cryptocurrencies that you are in to...and examine the different forecast and learn some strategy to so that you can rely on it and earn more as it goes...

The basic fundamentals of trading is buy low sell high.

Basic of trading are enough knowledge of  market,charts and statistics. Before going involve in trading have enough investment,Proper knowledge,and must psychological strong to overcome the emotions will take you be successful.

Well if you really have enough knowledge and experienced on trading you will end up on panicked selling. Good things there are a lot people here helping each other and exchanging ideas what we've known on trading.

First learn the strategy of the crypto market and choose the market you need to trade and get knowledge about the market and trade.

I agree with your writing, but I add to treding it takes thought in analyzing the growth of coins and having mental steel, not easy to panic, be patient.

The most important thing in trading is our capital you cannot earn profit without it. I think the next is the knowledge about trading, you can easily acquire knowledge about trading by watching some videos, lot of videos are now rising just pick the good one. After you acquire knowledge from that, you can now start, then the experience you will get now is the one who will give you more knowledge and strategies or tactics in trading.