what successfull trading tips have worked with you so far ? - page 3.

usekevin

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Quote from: AbbyS on November 28, 2020, 02:07:13 PM

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

Buying at low price and selling at high is the basic trading concept.You need to wait for the pump and dump time.When the price increased, you need to hold for the maximum time.When the price started to reduce again, you need to start to hold and buy some more coin.Only sell when you comfortable with the price or else hold your coin.

noorman0

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[Nope]No hype delivers more than hope

Quote from: BuNga_cute on December 04, 2020, 09:34:22 AM

I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done, if we succeed in mastering technical and fundamental analysis.

Those are not tips, but what a trader needs. If you do not master (at least the basics) of trading analysis then you are not a trader, you are just a holder of the long and short term.

I will not give success tips, because I do not understand the standard traders can be said to be successful. But here are some risk-averse tips:
- Learn the coins you will be trading, both project background (if it's new crypto) and price history.
- Do not enter on a bullish day, unless you were holding it before the bullish happened, then you will start trading actively.
- Don't hesitate to use stop limits, even if your analytical skills are good.

BuNga_cute

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I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done, if we succeed in mastering technical and fundamental analysis.

santiPOGI

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Quote from: AbbyS on November 28, 2020, 02:07:13 PM

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

Well, in my trading experienced this last month of October my 3$ deposited in Bitforex was now turned into 63$
in 1 month doing trade to this platform. And to other platform site that I deposited 20k Satoshi this week only and now
became 81k Satoshi on which is not bad at all. And the only tips I could say is We need to learn how to analyze things
in the chart moving of the coin in the graph anyway.

AlttAdmn

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Always sell 25-50% at least when you think the price is high - this is my approach

XZERO1

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I think some important things that I learned and I found useful is to:

1. Do not overcomplicate things and use the least amount of indicators that you can manage to trade with.

2. Do not ever trade an asset(coin or token) that you are not at least a bit familiar with and it's better to know a thing or two about them beforehand, or otherwise there will be times that you will regret that you ever bought into a coin/token because it was a pump and dump shitcoin and that's not a pleasant feeling both for you and your pocket.

3. The last one which is the most important one is to always try to get better at controlling and managing your emotions and do not let it make a decision for you while trading to prevent revenge trading and based on that you should always know when to stop trading and when you should take a break.

TitanGEL

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Simplicity is the best tip that I can give to other traders, when I say simplicity; I'm talking about the indicators and oscillators that the traders are currently using. You do not need to use 6 or higher indicators in trading just to become a profitable trader because you can make profit through chart alone or just using 2 indicators. I only use moving average and RSI and those 2 indicators are giving me conviction that helping me to make profit in trading unlike using 6 or higher indicator for sure that there will be false signals and it can lead you to suffer huge losses. Trading is not a competition wherein you need to use a lot of indicators, it is about simplicity and mastery of the indicators that you are currently using.

darewaller

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Quote from: Hypnosis00 on November 30, 2020, 10:06:05 PM

Success, winnings, being profitable, isn't truly happening all the time no matter how skilled and knowledgeable you are. But I was able to manage to control myself and keep thinking it can be done soon and that struggles will be paid off.

That is important because at times in trading we feel like we are not good enough and one needs to self motivate themselves by understanding that currently a bad phase is going on and if we can only pass it with minimal loss, that is a win itself.

Quote from: Hypnosis00 on November 30, 2020, 10:06:05 PM

one trading tip I could give is that "have faith and keep believing ourselves". No one helps us but just ourselves and that we need to face all challenges. If we have that vision, success will not be going far from us/you.

But, make sure you don't apply the same logic when trading because at times you have to sell coins at lower profit and even small loss and you cannot be confident with a bad coin in portfolio.

The best tip or advice that I got was from my close friend who told me, not to invest too much and I actually was hyped up and planned to take loans and start trading with it, but he denied my loan request and actually gave me a good advice to just trade with my own money and it proved vital because at times I was down and thankfully did not have to pay any loans on top of it.

Distinctin

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No dream is too big and no dreamer is too small

Quote from: CyberKuro on December 02, 2020, 12:27:19 PM

Being able to read where the market is heading to, based on fundamental analysis, supply and demand, and trends in the market. The next tips are managing portfolios, the entry point, selling point, and capital gains.
And the last thing is the most complicated for me is to be patient waiting for the goals.

Yes. Being patient may be easy to say but hard to do. When you're in the real situation like you see the market is suddenly dumping, you can't just be patient waiting for the market to recover again. But they say, learn to be patient or else you will only lose your capital in the end. The next thing is trade and invest only on the amount you can afford to lose. Big risks, big gains, but in the end everything still turns into gambling because when you're into trading, there is still no guarantee that you will always make profits in the end.

CyberKuro

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Being able to read where the market is heading to, based on fundamental analysis, supply and demand, and trends in the market. The next tips are managing portfolios, the entry point, selling point, and capital gains.
And the last thing is the most complicated for me is to be patient waiting for the goals.

imstillthebest

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buying a long time ago is for investors but buying a while ago or you bought the coin right after it dump can be a traders habit .

That worked for me so far and that is considered as a tip because every trader is different .

There is that trader that don't do what I do but they do buy when the coin is pumping ,thier doing the reverse and I don't say that its bad but thats a good risky Strat too and if your good at it you can take advantage of the growing price of the coin but successful Strat didn't mean that they don't know how to loose , just in case you forgot .

ice18

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This happened to me many times specially in spot trading just analyze the chart, see the news and buy the dip and have patience I have been a victim for being very impatient and rekt many times sold too early and after 2-3 days of selling price go to 3-5x dont ever sell your coins in loss wait for break-even or have atleast a profit.

arnetr

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Hi,
I`m searching for people that are interested to share experience in developing algo trading.

I have spent the last year developing, testing and failing in a variety of markets. Have been testing options, stocks and crypto. When it comes to algo trading I have finally come to an conclusion by using Kraken and I do find the exchange reasonable priced and the API is quite good, including the support have been very good by my experience.

I`m curious to hear what other traders are using in terms of exchange, strategy and how they are performing.

Anyone that have any idea experience what we can expect in profit?.

jrrsparkles

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Eloncoin.org - Mars, here we come!

Keep trading until you get succeed, this is general advice but kore suitable with crypto trading as well. More experience we are gaining in cryptocurrency field which will help us to take more right decision according to the market condition.

Shasha80

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I believe each person has a different strategy to be able to make profit from trading. For me a successful strategy
for getting profit from trading is by buying coins that will be listed on popular exchanges. Usually coins will go up high
and the profit generated is quite high, I have always successful to trade in this way. The most important thing is not
to be greedy, if you are already profitable, immediately sell the coins.

goaldigger

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Quote from: AbbyS on November 28, 2020, 02:07:13 PM

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

Keep on learning, this will make you more profitable over time and in trading, don't expect not to lose money because this is very normal. My trading advice to you is that, if you didn't have a good trading skills yet, always deal with the good coins because you can easily see the trend of those coins and you can easily know when to buy and sell and this is the basic steps on trading.

Yatsan

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Start from the basics of course. Make sure you are knowledgeable enough on the field that you wanted to explore which is trading and make yourself familiarize on the coin that you wanted to trade so you better know what strategies you will apply on entering and exiting it to ensure that you will be gaining profit instead of losses. Discipline, patience and eliminating emotional influences so that you won't be making any unnecessary actions that can affect your decision making when it comes to trading. Do not let other people instruct you of what you supposed to do for the first step that you must be able to learn is making yourself knowledgeable so you must have a trust on your own skills and decision making to assess the situation to come up on an idea of what you must do when certain circumstances come in your way.

Hypnosis00

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Success, winnings, being profitable, isn't truly happening all the time no matter how skilled and knowledgeable you are. But I was able to manage to control myself and keep thinking it can be done soon and that struggles will be paid off.

And one trading tip I could give is that "have faith and keep believing ourselves". No one helps us but just ourselves and that we need to face all challenges. If we have that vision, success will not be going far from us/you.

dunfida

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Quote from: Renampun on November 30, 2020, 01:26:25 PM

I remember a good sentence; 'control your mind so you can master your surroundings'...

Imagine if you just bought Bitcoin at a price of $ 10k then when the price fell 10% you panic and immediately sold your Bitcoin but 3 hours later the Bitcoin price rose 20%, on my illustration you have lost.

trading that sharpens our minds not to be afraid of loss and doubt, no matter how much your capital or how long you HODL your coins then when you panic, you will lose.

You would need sufficient experience to the market before you would able to attain such state.Not all would really be good on having that self control or decision making
when they do able to experience a specific scenario just like on what you had stated.If they havent any experience much with the market then most likely you would
really able to commit such mistake and in next time you would probably do the same but at least you have some idea about the probabilities that might really changed
up your decision since you have seen this before in the past.So it will vary on someones decision making factor.

FanEagle

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Quote from: AbbyS on November 28, 2020, 02:07:13 PM

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

Being patient has always been a good one, buy low and sell high is always good, be greedy when others are fearful and be fearful when others are greedy works as well. These are literally sayings and not even indicators or tips in technical sense and they all come out of the same result.

If you know that one thing will be good in the future and not have any fundamental issue, you should always wait for it to crash for a very low price because of something and just buy it during that period, and wait for something huge to happen to make it increase. Bitcoin is like that, but do not think the same for some small bad shady token, only few coins are that much trustworthy.

Buy them when to go 50%+ down and sell them when to go 100%+ higher and you would make money without a doubt, and it always does those falls and ups.

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