Topic: What you need to know about trading (Read 853 times)

Absolutely! Building your trading knowledge and skills through consistent market exposure is crucial for long-term success. The allure of quick profits peddled by influencers can be strong, sustainable returns come from smart trading, not reckless gambles.
Learning the ropes, building your own strategies, and doing your own due diligence is fundamental to succeeding. Platforms like R100K offer AI-powered strategies and provide opportunities for you to invest under our supervision, supporting your learning journey.
Never blindly follow any platform or influencer's advice. Test, experiment, and find what works best for your unique risk tolerance and goals. Invest in your own education, research different strategies, and stay informed about market trends.

Technical analysis is a good scheme to make trade but technical analysis cannot be true always therefore if sometimes you loss during trading then take it as a wisdom for you and don't appraise bad decision due to a single mistake. Forget about previous loss if you are now in win situations but if you are not able yet to get profit then there will be some faults either you would select useless tokens or you would have lack of knowledge about selling and buying schedule of coins.

Positive conception are reliable in getting success because negative conception can just make you let down therefore try to puzzle out issue and also choose Wisely to overcome chances of non fulfilment. Realize about short term and long term coins because if you hold short term coins for years then it will be insecure and your means will go to nought.

What people need to know about trading is that it can never be the same like gambling. The whole vision of trading is totally different from gambling so one should not trade without knowledge in trading because it will only end up like you are gambling. And yes, trading is not all the time a bed of roses that gives you comfortable and luxurious life, but could be the only reason that you will lose all your hard-earned money and see you end up living in streets.

But the best part in trading, if you do it with passion, patience and developed skills, trading will let you experience the best life ever as it will give you unlimited profits through skillful trading.

The thing that you must and must know when you want to trade is that trading is not a way to make money easily and become rich easily. However, crypto trading is a very high risk aspect. Indeed, this can be profitable, but on the other hand the risks are also very high. In this case, basically, nothing is easy to do. just because we believe that we want high profits and we see other people being successful in this field, doesn't mean that we will be the same. especially if our efforts are really bad at the start.

Trading requires a combination of several important things that must be done, not just the desire to get lots of profits. but also several things that OP has informed. The unity of knowledge that must be possessed, a strong desire to learn, smart and wise emotional and financial management, and risk management that must be possessed will also influence each other. especially emotional management, we should not panic too easily when things are easy so that it might shock us. therefore we must understand and be prepared for such conditions.

There are young boys here who are very successful at trading, and some of them even go so far as to buy Brabus and expensive cars. Some of them even buy miners and start farms. Their earnings cannot be compared to those of someone who prioritizes earning a college degree, but times are changing as technology takes over and shortens degrees some of them are as short as six months. There are more reasonable options in this life than education currently even if you want to make money you must choose one of these options since the financial system is taking a new shape.

In every trader in the crypto space there are always wins and losses, the trades we make must be accompanied by sufficient analysis to prevent losses because many investors or traders multiply their profits even though previously they had to take several risks, I myself always think positively in Crypto trading to make a profit.

If you listen to those unreliable crypto influencers, you will really be convinced that trading is all about money and profits, and the more you trade, the bigger amount of profits you will earn. But in reality, everything is hard in trading. It only gets harder if you trade with zero knowledge in trading. That is why do your own diligence to study trading and build your own skills and strategies through consistent exposure in the market. Success is not achieved easily, it takes a lot of patience and persistency to win that.

For those  that had never trade before, there is need to understand that making consistent profits from the market is not easy. There are people that would make profits today and tomorrow they will make loses. This is the second and third stage of trading and is not that people in this stage do not know how to trade or understand trading but this is the stage where traders need to work harder to become a consistent trader in the market. We all want to be making consistent profits but there is need for us to adjust and keep trading to become a better trader.

That is the desire of everyone when involved in investment and trade and the only one sought is to benefit. But it should be understood that undergoing trade is not as easy as imagined because there are many things that need to be learned so as not to have a negative impact about losses when running it. The risk of trading is also quite large because of speaking of price fluctuations in price and if someone is unable to read the market movement of the coin will give birth to panic.

A trader must have courage but is not advised to take a quick opportunity if you do not understand how to trade correctly. Learn about trading first correctly and take small opportunities to practice trading skills to be better slowly. Because if we understand the pattern will be a little easier to face the risk of loss even if we cannot avoid overall the risks.

I am not sure what do you mean by ignoring feelings. But in general, i don't think it's a good idea to ignore your feelings. As you can pay attention to them and use them for your advantage. If you know you feel fomo, you know what feeling you should be working against for. Same goes with fear. Sometimes it pays to be fearful in time. Because that might make you sell before the majority when dip is coming.

Ignoring feelings in worst case make you act on them and you don't even know why are you acting that way, since you are going blank, if by ignoring feelings you mean suppressing emotions.
Imho, feelings are more than ok. You just don't always want to act on them. And i say "always" because sometimes acting on them is wise, as everyone else has those same feelings and most of them act on them.

Trading will always be harder if you keep on expecting trades will end up smoothly. Obviously, that is not the nature of trading. One should experienced prior mistakes and losses because that will motivate yourself to grow as a trader and give your best to stay trading in profits. Although trading is not a bed of roses like what everyone says, but once you achieved the peak success in trading, you will always have the reason to live your life like bed of roses.

I've sharpen my strategy and awaits for my setup entry to get triggered by trading positions. It's not easy but it's an activity we ought to understand and ensure to allow good news flying in and out to be of great benefits to us. There are complex innovated ideas one needs to know about because the system have gone weigh complicated than we could ever imagined. Whenever I'm finding it really hot in the system, strictly I personally avoid the bear season and ensure to grab the new opportunities coming in because that's the source of me milking the system.

Trading is actually an act that need the state of mind, knowledge and experience. The more expert you have as a trader, the more you enjoy it and the more transparent and clear things becomes because a professional trader will understand how to navigate market very easy and accurate than a newbie.

The timing also influenced trading, we tend to have more rich men during the bull mart than poor men in bear market, most of the time the market is always saturated with rich men than poor men in the bull market while during bear market, we do have plentiful of poor men trying to survive.


There is nothing bad in been optimistic about the market like the Blackrock upcoming ETF, it's giving everyone a ptsd(Post-traumatic stress disorder) and everyone are already trying to get some bitcoin and hence the reason why bitcoin has been pumping gradually over the last month, seems we will see $40k as suppot soon.

However, what many them that are chasing the profit don't understand now is what to do next after the pump, the smart ones wouldn't wait to tick the global support of the previous ATH of the past bull run and some will wait for it to get there and perhaps retrace and they will not still take profits, that's the simple mentality some traders lack, they don't understand when it's time to take profit.

One if the things we need to know and keep our eyes on is how to be a better trader. Since there are so many traders, we need to make sure we become exceptional and act quickly when taking trades. Trading is profitable and one can also get emotional too when we are doing the wrong things and not improving to be a better traders. If we can improve our trading perspectives, this will help us to be a better trader and make money from the market.

We know that cryptocurrency trading is different here, but when you get the hang of it, you're better than a professional with a college degree. In other universities in other countries, this is a course. But here in this field, we can only study for free.

But anyway, if you study trading, you should expect things that are not good situations that we can face here. It is better not to expect good things here; it is better that as time passes, our understanding deepens in crypto trading. Although it is true that this is not an easy lesson,

The risks of the market can come at any time, it might happen as you enter the market or happen later that's why it's good we have stop loss orders in place to help reduces our exposure to the market as the volatility can make the price of any cryptocurency we buy to fall and when we don't have stop loss in place it exposure us to more demange. Any beginner that wants to trade need to know trading isn't gambling that he'll just be trying his luck.

If you don't understand the market and you enter a trade, you'll lose. Trading need training and discipline to come out successful in any trade that you open. Trading need practice and experience that's why the more you stay in the market, the higher your experience gets and you can make better decisions than new members as they're yet to understand how the market works. As a trader you have to be fully prepared for the market therefore having funds available always to open a trade.

There was a popular saying back then when I started trading, and it says "If you don't think, you sink." I was guilty of that when I started trading because I never "thought", I just traded and my mind was all over the money to be made. When I eventually deposited a huge amount of money in my initial tries and lost them, I then realised that it was a very wise saying that needs to caution any traders who do not believe that trading is risky and could earn money from the beginning. Trading needs a lot of preparation really, but most of those who also prepared did not prepare right, they often believe that once they know how to trade with a very good trading strategy, then they are good to go. But this is not the case in trading, you need to be able to have a plan, a good one at that. This is why learning alone is not what matters, but how practical you are in using what you have learned to create a good system for yourself.

This practical aspect is what builds the real experience into having the right plans that will eventually make you a good trader. Still, many people have the plan but lack good management and balanced psychology which makes the plan faulty. All these have to be known, corrected and perfect before true success can be achieved in trading.

In this case, there is no point in increasing the trading deposit while the trader continues to lose money on small amounts, increasing the additional deposit will only lead to large losses. But if you have achieved a result in which you can make a profit, then it makes sense to try to increase your trading deposit. It is impossible to achieve a fixed result in trading, but the overall dynamics should be positive, if you end each month with a profit, then you are moving in the right direction.

 This line here menhn i almost did that because it was as if i dont know what am actually doing in the market anymore it was as if am a newbies meanwhile i definitely know what am doing just like what we normally say when trading has screwed with your mindset it goes like this; TRADING GO HUMBLE YOU EHH  because you have tried and tried its as if yourr village people is against you. Yeah there is alot to trading i most say.

Of course, if you are a person who wants to enter the trading industry you should know what kind of traders you are first, secondly, because you want to be a trader it just means that you are an investor who will buy cryptocurrencies other than Bitcoin.

And if you enter trading, you must also have the qualities of being a patient person, willingness, self-control, self-discipline, dedicated, determined, and above all, have passion. When you have all those characters it can be said that if you can easily learn to understand what the concept of real crypto trading is, in short that will be your advantage as a newbie learner in the crypto space.