what successfull trading tips have worked with you so far ? - page 5.

blckhawk

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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

uhmm being discipline, not being ignorant, and having a lot of patience. These things really help me a lot in handling my trades. Besides creating your own strategies and TA would be much important among them all.
Honestly, I am not a day trader, I am a person more kind of into long trade so the tip is to "buy low, sell high" and as much as possible HOLD. If you are kinda like me then I think that would work to you as well. If happens you are into a short-term trade maybe monitoring the chart, making a TA out of it would be probably enough.

so98nn

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Portfolio management on different exchanges could be key to the success. I'm not sure who or how many of you tried this but when crypto currencies are Hi-on volatility will give you profits when you buy and sell coins from exchanger to exchanger Or from exchanger to P2P sites. I like the second one. You get coins bidded at lowest possible price from the peer site then sell them onto different exchanger where there is high volume giving out the result of price differences.

Obviously this difference is not much, but with big volume and without loosing the much value of your, one can easily encash the different.

This is very for Indian exchanges where local currency is valued a lot as compared to the USD portal. Local bitcoin for example has wide range of peers selling/ buying the bitcoin as compared to market rate. Try these techniques, but you will need to devote lot of time in this.

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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 for long term is only for those who are not traders and want passive income. They just buy the coins and keep them in their wallet and hope for the price to grow.
Traders however make more profit than the holders. I mostly check the trend and take the moves according to the trendline. If you take your trade after breakouts, those trades are most successful.

mersal

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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

Day trading with stable coin worked for me most of the time and I am using tokens from respective exchanges to get discounts in the trading fees as well which gives little more profits than what we are supposed to do. Day trading is not profitable for everyone but if you do it from time to time and put on hold when the market is at really bad condition is a good strategy in my opinion.

KnightElite

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Do not chase the prices but there is a exception and it is being a momentum trader wherein you have proper planning and also high probability winning strategies. If you chase prices especially if you are just a new trader then most likely you will incur huge losses, the chasing of prices are also called as FOMO because you always to get position wherein you bought because of the hype. My tips also is you should understand the price action wherein you do not need to follow or to listen to the opinions of others because for me it is just a distraction wherein we should avoid it if you want to become a successful trader.

Try to understand your emotions wherein you are aware on what you feel before and after you trade because psychology in trading is also important and you cannot become a profitable trader if you do not know how to manage your fear and greed. Having self-confidence is a factor because how can you able to execute a trade if you do not have a self-confidence.

proTECH77

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Here are some successful trading trip has work for me:
1• Observation: whenever many trader are rushing to market base on the information they heard about the new project that is making everybody to purchase the new project in the market without personal Observation concerning the new project, if it is real or not for them not to experience loss in their trade.
2• Information: I trade base on the information i got from the platform which is a good information, that is helping me to make a good profit from my trade over some years now.
3• Patient: many trader are still finding it difficult to learn how to be patient in the market which is making some of them not to make a good profit from their trade in the market. Buy coins when the price is low and wait till the price go up before you can release them to make a good profit from the trade.

maydna

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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

We can give so many tips for you, but it could not always work for you because of the situations, the emotion, the amount of the money, and else will be different. But I agree with some members who said that we need to have discipline in trading, so that can make us stick with our plan. Before we trade, we should make a plan for how long we trade because we can't trade for a long time. Besides that, the market situation will be changed, and we can't predict what will happen later. If we feel that we need to get out of the market, we should stop trading and leave the market. Don't be greedy if the situations are not good because that can lead you to hold for a long time.

error08

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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

Simply buy low, sell high.
Depending on the price right now as bitcoin and altcoins have the potential to reach a higher price.
I bought several coins a few hours ago which I assess will follow the bitcoin path to reach ath in December.
Waiting for the correction and then buy back in the dip.

Oilacris

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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

It isnt actually a tip but a must thing or a common for a trader to do so;

-Dont be greedy
-Set some goals on taking profit or buying up.
-Dont let your emotions set-in
-Always stick with your own rules/ways.. Learning from others isnt bad but dont rely on it.
-Good finance management

These are the common traits on where someone should follow and the rest will depend
on how you do execute your trades.

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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

It's simple

Buy low and sell high.

I always buy it when the price was dipping and then sell after it has gotten a huge increase. So far this is always working perfectly. Those who have bought bitcoin under 17k already in profit right now.
That proves that just try to bet on the dipping price of bitcoin.

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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

good trading tips be wise, don't be emotional when trading, and don't be greedy,
then your trading will be better and not always lose, losing is already part of the trading cycle, and you can't stay away from it.

Depends on the trading tips but if that's the definition of being good, let it counts that it's a good tip that will make you profitable as you trade.

I agree with lessening greed and maximizing your potential profit. Maximizing for me means that whenever you get to see a chance of making a lot of bucks, go for it and take your cash. Don't wait until it goes to the highest because you'll never know when it will be there or if it's already at the peak.

Dave1

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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

Here are few that I learn throughout the years.

- BTFD (Buy the F*** Dip)
- Trade money that you can afford to lose
- Have a entry and exit plan
- Stop losses
- Start small but think big

Best of luck to everyone!!!

GreatArkansas

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Risk Management
- You should have always your plane before you open your trade, e.g. your target price, your stop-loss (important). The risk: reward ratio for that trade, like "it is worth for your position size for that target price?".
Control your emotion
- This is also one of the important traders must possess. If you can control your emotion, it's good, you should not be greedy, don't be sensetive. If you lost a trade, move on! don't flip your trade. Wait again for another good entry.

Cryptoababe

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The trading tips that worked for me most is believing in my trading logic and having patience.
Amother tip is understanding the chart and using it to minimise Loss.
You can't trade and never lose though.

Twinkledoe

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Quote from: militiariko on November 28, 2020, 05:23:29 PM

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

You do not need a trading tip; instead you need a trading strategy; problem is when it comes to strategies; it doesn't work for everyone. What do i mean ? A trading strategy that works well for me, does not mean you can embrace it and take profits from it too; because as individuals we have our differences, and personal traits. Instead of seeking tips, seek your own working strategy, and practice it until it works out for you. could take days or weeks. go for it.

You are very correct. And also, it depends on the coin you are trading with. Even if the OP is looking for tips here, those tips may not be applicable to him as he is following a different coin. Like for example if you happen to encounter a pump and dump coin, you will get a hint from the team themselves if you are closely following their social media channels. Most of the time, they will not post it in their thread here. So what you can do is if you are holding that coin, you need to update yourself what's going on. And that will take a lot of your time. If you feel that they are about to abandon the project, that's the time to sell your coins. But that is, if you catch a good timing. So yes, it varies from coin to coin. And you can't give a definite strategy on that.

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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

Always have a plan every time you trade and this will work for good to you. I have my simple strategy which I buy during the bear trend and wait for the reversal of the trend, and I’m not a day trader so I have a lot of time to analyze the market and no need for me to rush things. Trading is challenging, find your own ways to be profitable.

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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

When you're watching out the news and the fear and greed index. If everyone is becoming greedy and that index indicates that there are more people that are becoming greedy, that's the sign to start selling. Just like this correction that has happened.
Looking last time to the index says that many are greedy and that's scary if that's what it shows. It's always a selling sign.

militiariko

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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

You do not need a trading tip; instead you need a trading strategy; problem is when it comes to strategies; it doesn't work for everyone. What do i mean ? A trading strategy that works well for me, does not mean you can embrace it and take profits from it too; because as individuals we have our differences, and personal traits. Instead of seeking tips, seek your own working strategy, and practice it until it works out for you. could take days or weeks. go for it.

JooBra

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Quote from: death69 on November 28, 2020, 02:10:52 PM

Being disciplined is the only rules that work in any situation. Creating your own rules. If you cant make your own rules, follow others' rule. But remember to be disciplined. Being greedy can kill yoir success. Consistency is the only thing that matter

So true. The only thing that is important is make a plan and stick to it. Discipline is the most important thing, rest you will learn with time.

Akiko

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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

Buy in the deep . Like if there are price correction in the market thats the best time to enter . Low risk at the same time it can easily pull back to the price and you can easily earn 10% or more . Like for example xrp or eth price last day , and look at how much you gain if you bought it last day in price correction.

Topic: what successfull trading tips have worked with you so far ? - page 5. (Read 1101 times)