Thanks for all the point that you all have shown me and I want to if a beginner after seeing the fall of the market system and Fear cut him away then never have to do it again because of fear of what has happened before, what will be your encouragement to such person the has the fear to trade but has the love for trade?
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I guess with all the advice and help I will learn on how to control my emotions and have my mindset on the candles on my trading making and do more focus on the analysing my market system.
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This is pure wrong, why people lost money while trading is a result of greed.
In the absent of lost of greed and you fully dedicated your self to trade without having greed and not having double thought of what you earn or lose what else do you think can make a trader loss focus and get himself to loss.
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Indeed Social media has brought alot of people both male and female to make fake identity of them self and life as a hole, many has made it a part of there life to be fake in everything in the life and to the society as lager. Through social media we generate this fake life and not knowing that living these fake life is more expensive than the real life,because you have to impress all your viewers on social media and to friend initially trying to become whom you are not to be which you and I know it not good. But these fake life help alot of people too and after been of an assist to such person they turn to show there ture self but some do not do so.
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I think it's important to consider the long-term potential of any investment in cryptocurrency. While it's true that some coins have seen rapid price increases in recent months, there's always a risk of a sudden drop in value.
Living a long term potentials I guess might cost you a huge lost and in most cases huge profit, so paraventure you did they long term project and fails what will you then do or what do you expect the beginner the next?
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I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.
*What else is required for such a person to control,is it still his or her emotions or what next?
*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
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What kind of technics can a beginner apply during trading,
As a beginner, observation is the best technique you can apply to the markets. Just watch the price actions and see how it adapts with the free indicators you get in tradingview. Later, trade with few dollars and learn what type of mindset you have. You gotta know yourself first, none can teach you about you. If you got a patient mind, you can be a swing trader. If your mind has the ability to switch quickly with emotions under control, you can be successfull in short term trading. I have tired using the method of trading with small amount not all your capital and I still fails,I tired using all the capital but to no avail fails,what such trader do next to stop lossing much but getting much profit what?
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I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost
You don't have to worry yourself if you are not ready to lose in trade. The hard truth is that no type of trading option is a give away to traders, you have to learn and get equipped with enough knowledge and the good thing about trading is it follows almost same pattern, you have to use technical analysis. Whether deriv option, forex, crypto are following same pattern. What kind of technics can a beginner apply during trading, because you take about technics does trading has a pattern for getting profit without much loss. I am asking because I have lost alot in trade and I don't want to loss anymore.
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I was thinking of these everytime and I never found any answer to it yet.
I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.
Trade have types, most especially, if we are discussing cryptocurrency trading, there is.. -Spot trading -Abitrage trading -Options trading -Futures/margin trading -P2P trading -Trading derivatives Though I am only familiar with 4 which are spot trading, futures/margin trading, Abitrage trading and p2p trading, I am not so sure about derivatives and options trading as I just hear and see it on some trading apps, I've never tried it. Now, knowing how this different market works and how to trade and make profit from them is a different thing altogether, and I personally would suggest you do some research on this yourself. Doing away with all this types of trades which is the best to trade with and you wouldn't have to loss that much because the truth is having knowledge or not you can't do well when it comes to trade.so which is the best for a beginner to start with first.
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We all know that trading is about earning or lossing and the purpose of we trading is to grow our money that we invest in it, what if it happens that you went for training and you still lost everything what is your advice for such people.
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My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
Is possible for him to gain even without having the basic knowledge about trading as you said it's a game of luck so he might be lucky, but he actually made the wrong decision to jump into trading without basic knowledge. How about after been in some of the class in trading and you still fine out that you are still lossing what should be your advice to the person who is the victim of after b having the basic knowledge and still losses?
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Can you show us the app that you have been using, I just do a quick search about Deriv Go this is an app on the Apps Store and it does forex CFD and Cryptocurrency as well but I think this just regular forex broker - https://deriv.com/People above me already said trade type, but if you mean this its different there is actually mean to different types of trade - A CFD (contract for difference) allows you to trade on the price movement of an asset, without buying the underlying asset.
- Deriv multipliers combines the upside of leverage trading with the limited risk of options. This means that when the market moves in your favour, you'll multiply your potential profits. If the market moves against your prediction, your losses are limited only to your stake.
- Options are products that allow for payouts from predicting market movements, without needing to buy the underlying asset. You only need to open a position that predicts how the asset will move over a period of time. This makes it possible for people to participate in the financial markets with minimal capital investment.
and when it comes to contract trading don't use high leverage when you don't know what you are doing is high risk especially with low timeframe like 5 Minute [/quote In these kind of trade how does it work because I guess I might have touch these type of trade on Deriv Go and yet didn't get much profit then loss,how can I use this very trading type to work and get profit.
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I was really taking my time asking myself what is the purpose for bitcoin existence, Does SATOSHI NAKAMOTO really stated why he want to make bitcoin be in existence and did he specify they category of people that are going to per-take on bitcoin!!?
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And I a case were the beginner have a little knowledge on trade and still losses,in what category will you place such a person.what will you have to say to such beginner that has little knowledge and still losses? Should such person or beginner still continue or stop patani the current situation he or she is facing on trading.
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I was thinking of these everytime and I never found any answer to it yet.
I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.
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Can a person be a trader without a general understanding of the financial markets? Is your friend ready to make the right decisions, have an understanding of market trends, and have the ability to manage risk and their own emotions? Well, in addition, to having the ability to adapt to changes in the market, All this and much more do not come in one day; experience and long practice are needed, which bring both mistakes and victories. Of course, if there is interest, it must be thoroughly studied, but one must be prepared that many ravines can be encountered along the way, which ultimately destroy the desire to trade.
Well I appreciate your advice but what then do you think will happen if he fails after getting all the basic things in line and still didn't get profit does it mean that his not fully thought or what.
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Current number of post (Including this one):139 Rank: member bech32 address: bc1q3aufw7py3e64njjaak0sndy59prruw4ayvdf5f Merit earned in the last 120 days: 11 Sherbet username: sakanwa
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We all no that is hasn't been fair to us all, what do you think will happen if we fail to vote the right person unknowingly to us all. What do you think will happen to the citizens again? I guess is not just by having PVC is by knowing who you are voting in will he be good to the society!!.
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My boss, for me here be say make we find way to hustle and get money as much as we can get to use am take survive, because this ways wey person just dey see different issues and things for Nigeria no be small matter especially this new naira note matter is the worst part, even if we continue dey shout like say we no fit again, this our stingy leaders will not even listen to us, but I get advice for my friends and the youth, within some days now election will be done, this is our time to show them how powerful we are as citizens of the country, so let's vote wisely and choose a better person who will make things better for us.
Omor this very one you talk now eh e clear ooh things way we need now abi na to hustle hard for bread to come you hand well well because thing dy really fall apart this time ooh
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Yes it's true that it has advantages and disadvantages but you are wrong that it can be time consuming, cypto is one of the best,faster,easier and cheaper both in transaction and trading. Eg' how about you went to a bank to make a transaction report and after filling the form and stress of going to the bank and they will still give you 7 working days before they refund your money, and you have important thing to use the money to do,they will delay you for a complete full week, But in crypto you don't have to go through all those stress, That's why crypto remains one of the best.
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