Read and research:
- Practice: - Start small:
- Be patient:
- Explore every option
much needed tips for newbies if any newbies is reading this and apply in trading it will be much helpful, starting trading without knowledge is equal to gambling , learn practice and have patience , I am saying this from my experience I did all this mistakes, disciplined trading is professional trading
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school is not so bad after all we need to know basics , like we need to at least 1 2 3 and addition and subtraction and know how to read and write and have general knowledge , if we have any talent we can pursue after school too
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Gambling as a profession I thought about this too , I some would he must have lot of experience and a lot of money for backup gambling as uncertain results so cant depend on gambling money for living , I know some who do gambling along with other incomes , like trading and gambling or a freelancer and gambling
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many times opposite happens and nothing works all we can do at this time is trade less , takes less risky trades , many traders have statement when I enter trend changes and go against , don't force yourself to take trades wait for setups which your are good at , every trades don't work out
Don't trade with fear
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school ?
trading and investing should be self learnt this is the best way to learn , there are many books and materials available in internet get knowledge from them implement make mistakes and learn from mistakes and improve
self learning is best, we can get a lot of practical knowledge and learning from mistakes is much necessary to learn crypto or any markets
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i didn't get help from successful trader , but read many books written by successful traders in that yes we must need help
books are good , I have gained much knowledge from books if any of them don't get any help from any experienced traders , books helps a lot , any of them who want to be successful trader need to read books
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From my personal experience I used, I paid about $ 70 a month, and I got a ticket every 2 days with odds 3-4, I was not satisfied, I guessed poorly (more precisely that tipser), out of 15 tickets, the hits were 7. which is very bad for that odds. I lost a lot on that, so I'm interested in your experience?
i thought several times of going with betting tips but many of the place where I saw who had tried before didn't have good experience with betting tips many have lost , I would doubt if anyone had good knowledge about sports betting why would he provide tips he would be making money , anyone here had good experience ?
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trading or gambling mind set is important , because situations will not be same everyday so as loss and profit , so a gambler should be knowing how much money is risking or losing , greed paly a lot in gambling its just how our mind thinks when we gain 100$ or when we lose 100$ both situations have lot difference impact in our mind
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When there are multiple red candles most of them panic , in which short term trader are most , for long term traders there is no reason to panic , pick any stock currency whatever you see up and down chart eventually price will reach good place it takes time and investors should have patience , investors without patience cant make profit any markets
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I don't think banks and governments are the sole reason why we need crypto-currency. cryptocurrecy offers a lot more than just freedom and anonymity others may not realize this but crypto-currency may bethe stepping stone of a new technological advancement in economical world. crypto-currency may also be the reason that we may achieve one currency in the whole world.
yea I agree crypto currency gives freedom in payments and advance financial transaction bitcoin is like carrying gold in wallets and paying its what I like and mainly avoids traditional currency difficulties, in gambling bitcoin as made transactions easy for me
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i have seen this topics many times and if you post 10 times also you get same mixed suggestion , try to learn and find yourself do not invest no other suggestions
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how to be a good trader ha aha ha there is answer for this everywhere you search in books or in youtube or any experienced trader , there will be many rules and points thing is you should follow it and be disciplined and know how market and making money in market works
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I am not addicted to gambling I was doing trading and investing before starting gambling so I pretty much knew how to manage risk and when to take risk so I didn't face any losses and hard time in gambling
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if anyone wants quick profits then there will be that much lose also , gradual increase in price what stable and bring you good profits , this is investing not gambling
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I gamble because of fun and to make some extra money , I control not to do more as I don't want to make loss from gambling
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technical analysis is enough I make profits in technical analysis only but other than this you need money management and other things to manage your trades if your doing short term day trading , or swinging you don't need any fundamental analysis
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if trader is successful then he will make money and so as if investors or holder are successful he will also make profits what I have seen is many do trading and investing also I would like this to make money and daily profits also investing is easier than trading
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mainly traders should be aware of hacks as they will be doing many transactions and mostly coins will be in online and we should know that scammers also know this points so they will come up with new ideas so beware
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Rather than go through all this, yet still get scammed, it's wise and best to simply invest in the BTC and very few well know alternatives.
Reading whitepapers don't help to spot a scam project, the best way to do that is to avoid them altogether(by investing in BTC).
reading whitepaper and roadmap is waste they put unreal goals and start scamming , I suggest is watch how team is doing about project only about project don't give importance to listing in exchanges and other site , see partnerships , and developing about project ideas
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many of them make rules and don't follow them so do I brake my rules and take trades (anyways no one is perfect) and soon market will put fine for braking rules in the form of loss
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