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Author Topic: How do I make money trading  (Read 5103 times)
btcscriptpremium (OP)
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August 10, 2015, 11:10:32 PM
 #1

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

Check out http://trumpgeneral.com/ for great Trump information
Indamuck
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August 11, 2015, 02:14:38 AM
 #2

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

Well, I would share some time-tested strategies using exchange-traded derivatives, but that ass-clown Cyrus deleted my post. Didn't even have the courtesy to tell me he was deleting it, or why. I only found out when other people complained. Bottom line is, if you really want quality information on how to trade btc profitably, you'll have to get it somewhere other than this sh*thole 'bitcointalk.' You might try looking on reddit, there are some good threads/posts on trading btc there. You won't find any here.
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August 11, 2015, 02:22:03 AM
 #3

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

buy at bottom line sell at hig line
that simple Smiley
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August 11, 2015, 03:45:51 AM
 #4

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

Yes, the famous btc-e chat box, where everbody are the winners and know what they are talking about. Smiley
The truth is that they are all probably losing since they all wouldn't be there to run their mouth if they were winning.

Look, trading bitcoin and even more altcoins is very hard ad the moment. Market is thin and small and you are pretty much at the mercy of 1 whale that will either make a huge sell or buy, that's why we can see so much volatility in bitcoin.
Kasawari
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August 11, 2015, 03:54:50 AM
 #5

buy low, sell high? that's the only thing i know about trading  Grin
seriously, i think perfect timing plays a big role in trading
shane
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August 11, 2015, 04:00:29 AM
 #6

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

before you trade you must know about "what your point "
-earning bitcoin
-earning money ($,euro,CNY,AUD etc. )
-earning shitcoin (DOge,litecoin,arch,start)

after it you must choose exchanger
-bittrex
-huobi
-bitfinex
-bitstamp

and you must know FAQ, fee, withdraw etc like that of that exchanger Smiley

and start trading with more research about speculation, reasonable, from twitter, bitcointalk.org trading view

and take actoin buy or sell Wink

Good luck guys

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alva5763
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August 11, 2015, 07:18:51 AM
 #7

It is easy to say buy low and sell high. When price is falling how long do you wait to buy,if at all. How do you know price has reached bottom and then to sell at peak? There is no absolute method.
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August 11, 2015, 07:25:47 AM
 #8

It is easy to say buy low and sell high. When price is falling how long do you wait to buy,if at all. How do you know price has reached bottom and then to sell at peak? There is no absolute method.

you can't be 100% sure about this all the time even if you are a very experienced trader, the only thing is to compare the current trend with the old trends, if they share somethign similar you can expect an equal direction

also there are "forms" of the chart that can tell you soemthing like the double bottom or double top or two "shoulders one head"
Habeler876
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August 11, 2015, 06:24:51 PM
 #9

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

Are we reading the same trollbox? Shocked

The BTC-E chat is called "the trollbox" for a reason. I would say that chatter there is overwhelmingly unintelligent, and most traders in there (and in general) are losing money.

The key to trading is knowing the numbers, probabilities, and exploiting edges. You need to find a system that works for you -- there are too many to name here. Some of the simpler ones are EMA/MA cross systems or chart patterns like wedges, triangles, harmonic structures etc. Investopedia, Stockcharts, and Bulkowski's ThePatternSite are all good resources to start. Babypips too.

The problem with any one indicator is that you need to separate signal from noise and trend from chop. It's easy to get whipsawed blindly trading based on EMAs or bull/bear divergences on oscillators. I would also suggest looking into structural analysis (e.g. wave structure, EW, horizontal support/resistance levels) and candlestick analysis to help determine the bigger picture. It's important to recognize when the market is ranging vs. trending.

Best of luck to you.

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August 12, 2015, 01:45:36 AM
 #10

You can’t predict the future. Everyone thinks they can. But they can’t. This applies not just to trading but almost everything. Hope is not a strategy. And don't borrow any money for trading. Also invest for long term perspective, if you plan for day trading then it is almost a gambling so it purely depends on your luck instead of any strategy.
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August 12, 2015, 01:53:40 AM
 #11

don't know much with trading but somehow historicals and trends play a big role in the price of what you are trading so i suggest look for those information if you plan to dive into trading. others laugh at graphs and drawings but that will clearly show you whats happening before and may help you decide for your future trading decisions.
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August 12, 2015, 05:33:24 AM
 #12

I think your wrong, 95% of traders lose money and only 5% of traders can make a living at it or Only 1% of traders really make money. The fact is, many traders will lose money and it simply cannot be avoided. Reasons are like money management mis-haps, bad timing, bad government policy, poor regulation or a poor strategy. So please study carefully before jump into trading, here one can easily and very fast can loose money instead making profit.
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August 12, 2015, 05:40:08 AM
 #13

Watch for increased activity/volume, try riding the wave up and up while taking in small profits

get out before it falls!
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August 12, 2015, 08:14:03 AM
 #14

I think your wrong, 95% of traders lose money and only 5% of traders can make a living at it or Only 1% of traders really make money. The fact is, many traders will lose money and it simply cannot be avoided. Reasons are like money management mis-haps, bad timing, bad government policy, poor regulation or a poor strategy. So please study carefully before jump into trading, here one can easily and very fast can loose money instead making profit.

that totally not true i see more people get profit from trading
also i think trade is like a ponzi scheme before dead (scam )

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August 12, 2015, 08:24:10 AM
 #15

The oldest method available: Buy low, sell high. For example lets say you got 1000$, buy 1 btc. when ever price rises sell some btc, when ever price drops, buy some. That is the basics.

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August 12, 2015, 08:45:58 AM
 #16

that totally not true i see more people get profit from trading
also i think trade is like a ponzi scheme before dead (scam )

Ppl don't always profit from overal trading. One winning trades doesn't mean the traders can make a living. How do you say trad like a ponzi scheme before dead? I know trading is like zero sum game. One is losing, the counterparty is winning. If you have no experience at all, you just gamble your money and will definitely drain out your money quickly!


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MasterYii
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August 12, 2015, 10:11:19 PM
 #17

Just know those people who are trading probably have previous day trading experience and apply it on btc-e.

Its a overlooked thing that people think they can trade and most are in the negative or barely breaking even.
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August 14, 2015, 07:24:40 AM
 #18

Just know those people who are trading probably have previous day trading experience and apply it on btc-e.

Its a overlooked thing that people think they can trade and most are in the negative or barely breaking even.

I think it is not correct. Blindly trading will make you completely loose your investments. It is very dangerous. If you don't know then don't try trading.
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August 20, 2015, 01:49:38 AM
 #19

Buy low, sell high.  I just lost a lot of BTC on ETH because I held instead of selling at the peak of the recent pump  Angry
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August 20, 2015, 05:03:06 AM
 #20

they may be severe in monitoring the price fluctuations so they can benefit from it
i want learn it to  Cheesy
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