Topic: what successfull trading tips have worked with you so far ? (Read 1093 times)
The best trading tips is to control not only emotion you need to accept a loss to become independent because if you always thinking about your deficit to make mad I think a major problem is yourself and malfunction, through this kind of situation i think your trading plan is deteriorate,therefore the the best thing to do is just relax and enjoy your destiny.
what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Successful trading tips that have worked for me so far
Patience
Setting take profit and stop loss
Using low leverages
Adding more funds at loss
And Checking chart to know the best support level and Resistance level before opening positions.
These tips have been working for me so far. They helped me minimise lose and maximise profit
Well, I trade in the crypto market for 3 years. I always hold %50 percent of my Bitcoins. I bought at $3700. Nowadays Futures are very popular and most people trade in USDT pairs. I follow coins and when I see oversold or overbought and RSI under 25 or above 85, I short or long. You need to be patient and stay the course. And I realized that before I was just trading without knowledge. Everybody needs to know technical analysis.
Once I made a sell order of ethereum at a price of $270, and the trade got executed within a day. Further I made a buy order at a price of $220. I made this order in the night time, and by the next morning it was a big surprise because more than one ethereum got added to the wallet balance. My buy order was for 6 ethereum. This trade was completely on random guess, but I was lucky to profit.
Following the learning which you taught is the as it were rules that work in any circumstance. Making your claim rules. In the event that you can’t make your claim rules, take after others' run the show. Also keep in mind to be taught. Avoid being eager can murder your victory.
Focus is the as it were thing that matter. Starting a trade, Need to make a arrange for how long we exchange since we can't exchange for a long time. Other than that, the advertise circumstance will be changed, and we can't anticipate what will happen afterward. On the off chance that we feel that we ought to get out of the showcase, we ought to halt exchanging and take off the showcase. Avoid being covetous in case the circumstances are not great since that can lead you to hold how long.
Focus is the as it were thing that matter. Starting a trade, Need to make a arrange for how long we exchange since we can't exchange for a long time. Other than that, the advertise circumstance will be changed, and we can't anticipate what will happen afterward. On the off chance that we feel that we ought to get out of the showcase, we ought to halt exchanging and take off the showcase. Avoid being covetous in case the circumstances are not great since that can lead you to hold how long.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Tips for success when trading are very easy, don't be greedy,
because when you are greedy for profit, then you will be caught in a trap,
so you can practice, and don't be afraid of bad experiences.
because when you are greedy for profit, then you will be caught in a trap,
so you can practice, and don't be afraid of bad experiences.
Most traders become greedy when they see the profit. They will forget to control themselves. It is easy to say, but it is hard to do as our emotions will be up and down many times in trading. Always limit your trading if you are new in trading and still learn more to become a pro trader. But you need to remember that you need to spend time before you can become a pro trader.
Tips for success when trading are very easy, don't be greedy,
But it is not easy to control greed.because when you are greedy for profit, then you will be caught in a trap,
so you can practice, and don't be afraid of bad experiences.
Lessons from bad experiences are one of the greatest assets you can have. You will make it correct in the long run as you trade and those bad experiences will be avoided, you will not do the same mistake again.so you can practice, and don't be afraid of bad experiences.
But if the attitude of greediness, it's one of the hardest opponent that you need to deal.
what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
I've been successful only when I traded during bullrun, but with bearish market it turns our so bad and gaining better profit was too hard. Trading on a dip market is a big suicide, you don't know when to step on or just run away for nothing. Some of the mistakes we made was due to lack of knowledge and market observation.
Every newbie can be successful in a bull run but usually those who just buy and hold for a while make more money than those who make many trades every day.
It's a huge mistake made by new traders. They make a lot of transactions with each of them costing them some money in fees. Then they sum it up and think they're doing good because in the end they have more money than they started with. At the same time people who bought and held made 2 times more without wasting time buying and selling.
what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
I've been successful only when I traded during bullrun, but with bearish market it turns our so bad and gaining better profit was too hard. Trading on a dip market is a big suicide, you don't know when to step on or just run away for nothing. Some of the mistakes we made was due to lack of knowledge and market observation.
Every newbie can be successful in a bull run but usually those who just buy and hold for a while make more money than those who make many trades every day.
It's a huge mistake made by new traders. They make a lot of transactions with each of them costing them some money in fees. Then they sum it up and think they're doing good because in the end they have more money than they started with. At the same time people who bought and held made 2 times more without wasting time buying and selling.
I can say that the best ones you will get will be the ones you least expect. Usually the good ones are known ones, the common and sounds like it makes sense but doesn't really go into detail and you know them even before you hear them but you just want more.
Things like "buy low, sell high" sounds like it is common logic, but there are people who saw bitcoin price at 7k and didn't buy as recently as just few months ago, they were afraid price would go down even more, and they failed to buy, or people who bought there but not selling right now for example. Long story short things you will get as advice will sound simple and they will be good as well, you do not need anything new or marginal to make a profit, or at least not as far as I know, do not look for secrets, go for the common sense ones.
Things like "buy low, sell high" sounds like it is common logic, but there are people who saw bitcoin price at 7k and didn't buy as recently as just few months ago, they were afraid price would go down even more, and they failed to buy, or people who bought there but not selling right now for example. Long story short things you will get as advice will sound simple and they will be good as well, you do not need anything new or marginal to make a profit, or at least not as far as I know, do not look for secrets, go for the common sense ones.
what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Learning how to scalp volatility and breakouts on 3 minute derivatives perpetual contracts.
If you spend the time you will catch breaks and start to see patterns, check out my live scalping videos....146%+ EP01
https://youtu.be/RlzeLc6foyk
--
ITF Scalping
Unfortunately there is no guarantee of success in business. It is a combination of strategy on the one hand and new thinking on the other that brings success to a business. The simplest tips for business success are to build on your experience. And start with small capital. This will help you to know a lot about the market and not to lose too much even if it is dumped. So you always have to keep your thinking stream creative and find ways to easily bring business success. In addition, you need to develop your creative ideas over time.
There is no guarantee of success in any business, including trading. Because success will be achieved with hard work and consistency. Trading requires basic knowledge of how to trade properly and profitably. Trading analysis is very necessary and a subject that must be learned in order to master the market. The more experience, the better so you will find the right strategy.But not always trading will continue to be profitable, of course there will be some losses, but with a good strategy and proper management, losses can be handled properly. Psychology also plays an important role in determining each step taken.
Unfortunately there is no guarantee of success in business. It is a combination of strategy on the one hand and new thinking on the other that brings success to a business. The simplest tips for business success are to build on your experience. And start with small capital. This will help you to know a lot about the market and not to lose too much even if it is dumped. So you always have to keep your thinking stream creative and find ways to easily bring business success. In addition, you need to develop your creative ideas over time.
it's quite simple, just by reading the direction of the tram,
when the trend is bullish it's time to sell, if the trend is bearish then we are ready to buy.
This is also important when trading that is buy low and sell high. Others failed to do this because of panic buying at a high price and selling at low price. To be successful we should think our plans before making a move to trade in order for us to avoid losing money. This may works but others dont because of not doing a dyor before investing. when the trend is bullish it's time to sell, if the trend is bearish then we are ready to buy.
I would say trailing stop would probably be helpful as well when you are someone new. Think of it this way, you bought something at 100 dollars, it reached to 105 dollars, you start to wait, if it reaches 100 you sell back, if it goes to 110 dollars you increase your bottom to 105, if it goes to 115 your bottom is now 110, if 120 your bottom 115 and continue like this forever until it starts to go down.
Yeah, when you double your deposit, take out your main amount. Let's say you invested 1000 dollars into anything, if you happen to be lucky and reach 2000 dollars somehow, take out your initial 1000 dollars and keep the other 1000 dollars and move on with the profits that way. I have done that before and it works wonders because you are a lot more relax and that usually leaves you with a great deal of profit as well.I personally do not find crypto to be safe investment, it is a bit of a risk involved and most of the time when there is a risk involved you do not want to keep your deposit there. There is a good chance you may not do 2x neither, and in that case continue to make money as much as you can, but if you ever get to that level take out your deposit as quickly as possible.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I don't suggest many things, but I suggest you sell your coin whenever you see the price can increase by 10%-30% because if you still want to make a bigger profit, I am afraid that you will not have a big chance to do that. It is better to profit while waiting for more because we never know when the price will be back to that high price. If you can wait for a long time and don't mind seeing the volatility of the price, you can hold it until the price hit the highest price. But that will be a long time for you to wait for the price to start to increase.
I don't agree here because I am among those who sold some part of bitcoins around 12k expecting a correction to happen when it was pumped from 10 to 12k and now looking at the current price I feel like I should have been greedy and hold for longer period. Although I made profit but when the chance for profits arrive we must maximize them instead of looking to settle for minimal profits.Crypto was built around heavy profits and losses and I am someone who believes that if you are looking for 10% profits then stock market is a better option and involves less risk. If you want to take chances then cryptocurrency is the perfect market and 1 out of 10 coins you invest will yield rewards so better maximize the profits.
That would be no problem if you said that. But we never know if the price will still increase. I got what you feel, but I think it is better to take any profit while the price can give us the profit, and if the price still increases after we sell, that means we need to learn more about analysis. I already sold my bitcoin too, like you, but I do not regret what happened with the bitcoin price because that is the consequence that I should get.
You can be greedy to chase the bigger profit, but you should always remember that there is no guarantee that you will see the price will still increase to the high price.
I usually choose high volume and popular coins for trading, so it's easier to make profit. Instead of having to choose new projects
that have a small volume, ultimately if the dump cannot be recovered. Another tips from me when trading is always use the capital
that we can afford to lose. So when the price goes down we don't panic, can be patient until the price goes up again if we use the capital
that we can afford to lose.
that have a small volume, ultimately if the dump cannot be recovered. Another tips from me when trading is always use the capital
that we can afford to lose. So when the price goes down we don't panic, can be patient until the price goes up again if we use the capital
that we can afford to lose.
Yes, based from my experience, it is better to do your trading with top alts rather than those new ones.
New ones tend to have pump and dump scheme and you will never know when can you hit the right timing.
Also, if you can follow their updates and what's happening to their developments, you will have idea what's gonna happen with their market.
You can also do the intermittent trading as long as you are keeping the simple rule of trading, buy low sell high, you will not be on the negative end.
what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
I've been successful only when I traded during bullrun, but with bearish market it turns our so bad and gaining better profit was too hard. Trading on a dip market is a big suicide, you don't know when to step on or just run away for nothing. Some of the mistakes we made was due to lack of knowledge and market observation.
I usually choose high volume and popular coins for trading, so it's easier to make profit. Instead of having to choose new projects
that have a small volume, ultimately if the dump cannot be recovered. Another tips from me when trading is always use the capital
that we can afford to lose. So when the price goes down we don't panic, can be patient until the price goes up again if we use the capital
that we can afford to lose.
that have a small volume, ultimately if the dump cannot be recovered. Another tips from me when trading is always use the capital
that we can afford to lose. So when the price goes down we don't panic, can be patient until the price goes up again if we use the capital
that we can afford to lose.
My best trades are going through small scale profits per day and depositing daily profits into stable USDT coins. so for me a small profit is not a problem as long as it can be consistently profitable every day
My simple and effective trading was only impressive on the days of bullrun from 2017 to 2018. Everytime I got bounty tokens with higher value, profit always follows without any hesitation. That's really worked out successfully unlike these days, many projects haven't prosper due to declined markets.
Jump to: