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Author Topic: Trading Beginner  (Read 483 times)
rizkyhiw
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May 30, 2019, 08:32:51 PM
 #41


I'd like to ask you to point me in a somewhat right direction.

I've been learning and researching everything about crypto space and the deeper I go - the more there is to learn.
It's becoming harder to use my time efficiently and productively, to filter out quality information from spam and get-rich-fast schemes.

Do you know any sources/calculators for doing statistics on profit/loss? For planning the budget? I would really really appreciate some newbie-friendly reading materials/guides or even excel sheet with pre-made formulas haha

Highly appreciate your input! Hope to return some of the good karma back to the community when I become good at this
You can see that the market in the past few months has had a very strong recovery, the current bitcoin price has returned to $ 8700 and is continuing to correct before rising.

 Altcoin is also recovering strongly after bitcoin rises again.

 This is a good time to join the crypto market.
It is appropriate to join the crypto market, but knowledge must be honed by having basic knowledge of trade. I think it's enough to not take more time and forget all the opportunities that exist this year, all of them are learning periods and trading habits will have their own style in reading market situations, the internet provides a lot of knowledge and goes back to everyone who wants to learn everything, of course the analysis can be made by itself.
Tungsten-1
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May 30, 2019, 09:58:53 PM
 #42

Calculation of profits and loss in crypto trading is somewhat same as what we learnt in basic maths. Also, the exchange you trade at mostly give overview of percentage profit or in your trades. So just keep on exploring the websites you trade at and you'll get your hands easy on it.
Also you need to learn mathematics on economic level too because it is necessary to select the right coin or you can say right source full of benefits and the real timings of it will enable you to make maximum profit. Trading with economic mind has its own benefits as compared to a trader just following simple maths so better you upgrade and maximize your profitability or productivity.
nydiacaskey01
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May 30, 2019, 11:07:05 PM
 #43

You don't need to visit other sites to check how much you lost and and much profits you gained already because majority of the exchange sites offer this services within their site and its free. Just try to explore the site. For tools, use investopedia. I use 3 tools ad for me its very useful. RSI, Bollinger band and parabolic SAR.
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