I'm new in trading, but in last week i earned about 0.01 BTC on trading.
The quantity of your realized profits alone is a mostly useless identifier of the trades success..
For example if you invested 100 BTC into the trade and made .01 this is typical of barely getting out by the skin of your teeth and the risk vs reward for this trade would almost certinly not be worth it..
Or if you invested .001 into the trade and made .01 this is an excellent trade indeed. Try to think of it as a percentage gain rather than just the quantity of realized profits.
Well it was more following some news and people's talking.
My favorite indicator, Trollbox hype..
I didn't have patience to wait cause of that I didn't earn more but for first times I think its enough.
I believe this may be a good trading characteristic to have, if you have a habit of selling too early at least you are locking in positive profits. Any gain is a good gain.
And 10k satoshis is maybe good for some new coins,but for some better ones u need much more.
The more you put on a trade the harder it gets to get all of it in and then get all of it back out the market must have more liquidity.. You have better chances of making a good trade with less invested because it will be much easier for you to get the best market price.
Once you start trading with enough BTC to push smaller markets around you will know what I mean.
Also find some good traders and folow their posts or tweets. Good luck man!
Think of the psychology behind what others say. If someone says "Buy DGB" most times what they really mean is "Buy my sell orders" or if they sit there rambling on about how good some coin is it's very likely they are trying to hype to pump the market so they can sell. Also a lot of the time someone will FUD in attempt to bring the price down so they can buy cheaper.. There is almost always a motive or personal agenda behind what they say. They are saying whatever they think will make for the best outcome for them personally.
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I hope..
