RoughLyfe (OP)
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February 04, 2016, 01:28:05 AM |
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Hi,I have been trading for the past couple of weeks and am barely making anything.Can someone provide a guide or provide advice on how to properly trade?
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TReano
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February 04, 2016, 02:22:47 AM Last edit: February 05, 2016, 10:54:46 AM by TReano |
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do you trade bitcoin? Also do you trade on a daily base or you might take a look at TradingView to get some ideas from other peoples charts. Also watch some basic trading video (they are mostly for Forex) for beginners. But it also fits for Bitcoin trading or any other trading. I very small information here: http://btc-broker.weebly.com/learning-to-trade.html
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RoughLyfe (OP)
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February 04, 2016, 02:25:12 AM |
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do you trade bitcoin? you might take a look at TradingView to get some ideas from other peoples charts. Also watch some basic trading video (they are mostly for Forex) for beginners. I very small information here: http://btc-broker.weebly.com/learning-to-trade.htmlThanks for your input.I do trade bitcoin
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TReano
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February 04, 2016, 03:15:34 AM |
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do you trade bitcoin? you might take a look at TradingView to get some ideas from other peoples charts. Also watch some basic trading video (they are mostly for Forex) for beginners. I very small information here: http://btc-broker.weebly.com/learning-to-trade.htmlThanks for your input.I do trade bitcoin Also there is not really a guide for trading. It's not like if you do this you will make money. look at the video section there are some basics you need to learn as a beginner but the rest is all experience in the end. Otherwise trading wouldn't make sense because everybody would make money. Good luck!
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leonArdo@margin
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February 04, 2016, 11:55:53 AM |
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If you want to practice some different strategies then you could try leonArdo's free paper trading demo. It's available for Win, OS X and Mac and provides a consistent interface for BTC-e, Bitstamp, Bitfinex, Poloniex and OKCoin. You can also test out our in-built algo trading strategies. Download a copy here if you are interested: www.marginsoftware.de Just click through to Products. You can also check out out main thread on this forum: https://bitcointalk.org/index.php?topic=506317.0
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RoughLyfe (OP)
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February 04, 2016, 02:50:16 PM |
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If you want to practice some different strategies then you could try leonArdo's free paper trading demo. It's available for Win, OS X and Mac and provides a consistent interface for BTC-e, Bitstamp, Bitfinex, Poloniex and OKCoin. You can also test out our in-built algo trading strategies. Download a copy here if you are interested: www.marginsoftware.de Just click through to Products. You can also check out out main thread on this forum: https://bitcointalk.org/index.php?topic=506317.0Thanks,Ill try that out right now!
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pooya87
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February 04, 2016, 03:04:21 PM |
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try to read everybody's speculation about bitcoin price but do not make any decision with your emotions (like panic buy or sell) in time you will learn to differentiate between FUD and real speculation. worth checking out: https://www.tradingview.com/s/bitcoin
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Zeke2345
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February 04, 2016, 03:11:41 PM |
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Any actual guides available on this site to read on a slow day? Have yet to figure out how to search properly on here and hopefully can be pointed in the right direction.
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enhu
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February 04, 2016, 03:24:02 PM |
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What I understood in coins trading is that they buy cheaper altcoins to which they see a potential base on market caps and volume. They then trade it on exchange sites after seeing the value had somehow grow. Like me, this kind of set up is going to bore me to death as I have to wait unlike trading on forex that one can profit or lose in minutes, hours or in a day.
What I see it a lot harder to trade BTC/USD since technical chart analysis don't apply much compare to those fiat as its inflation has patterns base on fibonacci.
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pooya87
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February 04, 2016, 03:29:51 PM |
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What I understood in coins trading is that they buy cheaper altcoins to which they see a potential base on market caps and volume. They then trade it on exchange sites after seeing the value had somehow grow. Like me, this kind of set up is going to bore me to death as I have to wait unlike trading on forex that one can profit or lose in minutes, hours or in a day.
What I see it a lot harder to trade BTC/USD since technical chart analysis don't apply much compare to those fiat as its inflation has patterns base on fibonacci.
when it comes to trading cryptocurrencies if you know anything about trading on forex, then a very small percentage of that is going to be needed in trading BTC/USD and if you decide to trade altcoin/BTC then almost none of that information is going to do you any good since altcoin market is small and driven by different forces.
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coine_
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February 04, 2016, 05:57:11 PM |
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Hi,I have been trading for the past couple of weeks and am barely making anything.Can someone provide a guide or provide advice on how to properly trade?
I would suggest that you learn and understand how to use technical indicators. Check out the video on MACD https://www.youtube.com/watch?v=EQz8SWXcHLI
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erikalui
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February 04, 2016, 06:09:35 PM |
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There's no trading guide that can help you to improve your earnings as everyone has their own strategy. Bit-x and others do charge fees for your trades but you need to have an investment of over 0.2-0.3 BTC to earn a good profit. Eg: Yesterday the price of bTC was $371 and today the price is $388 and hence if you had a buy trade of 0.25 BTC yesterday ($92.75) and today you would sell the same at $97 which makes you earn a profit of atleast 4.5 which isn't that great but it's good for the start.
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enhu
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February 05, 2016, 05:23:48 AM |
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There's no trading guide that can help you to improve your earnings as everyone has their own strategy. Bit-x and others do charge fees for your trades but you need to have an investment of over 0.2-0.3 BTC to earn a good profit. Eg: Yesterday the price of bTC was $371 and today the price is $388 and hence if you had a buy trade of 0.25 BTC yesterday ($92.75) and today you would sell the same at $97 which makes you earn a profit of atleast 4.5 which isn't that great but it's good for the start.
of course there is a guide. i got a vouch copy from an ebook seller last month, the pdf don't really explain much but it contains basic of how to do it from which altcoin to buy and which exchange to use. it even tells about how to profit by arbitrage. its just very basic thing but yes its help[ful for a newbie like me when it comes to crypto trading. you may wanna find it in the digital goods section in the market place.
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RariBest
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February 05, 2016, 09:28:48 AM |
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Hi,I have been trading for the past couple of weeks and am barely making anything.Can someone provide a guide or provide advice on how to properly trade?
there isn't a step by step guide to trade, especially whit bitcoin also technical analysis don't work properly, the advice is to know some psicology behind the market moves
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erikalui
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February 05, 2016, 11:27:19 AM |
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There's no trading guide that can help you to improve your earnings as everyone has their own strategy. Bit-x and others do charge fees for your trades but you need to have an investment of over 0.2-0.3 BTC to earn a good profit. Eg: Yesterday the price of bTC was $371 and today the price is $388 and hence if you had a buy trade of 0.25 BTC yesterday ($92.75) and today you would sell the same at $97 which makes you earn a profit of atleast 4.5 which isn't that great but it's good for the start.
of course there is a guide. i got a vouch copy from an ebook seller last month, the pdf don't really explain much but it contains basic of how to do it from which altcoin to buy and which exchange to use. it even tells about how to profit by arbitrage. its just very basic thing but yes its help[ful for a newbie like me when it comes to crypto trading. you may wanna find it in the digital goods section in the market place. It may be written by users of the forum then right? Usually such tips are given on websites itself ( www.coindesk.com/information/sell-bitcoin/, www.forexnews.com/bitcoin-trading/) However, OP already must have knowledge of these basics but strategy based guides are needed to earn profits and not just trading guides.
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Patatas
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February 05, 2016, 11:28:09 AM |
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You need to be more specific on what type of trading you would like to have a tutorial about.If you still have no idea how to trade or what type of niche you should be involved in.You need to google first about the exchanges and how the system works.I think not having an idea with blatant intentions of making profits won't land you anywhere .Be specific,choose a system then master it.
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BitTyro
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February 05, 2016, 03:42:47 PM |
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I've been into trading altcoins for quite some time now but I cant say I follow certain guide. I just buy some coins base on trading volume and set a sell order for how much profit I want to take. Of course that should be realistic price though to hit that sell order. Maybe about 5 to 10 percent. I always makes profit by doing such but if ever a certain coin takes a drop in its price, I just hold it and wait for a rebound. I lost some by doing this but hey, trading is also a gamble, ayt?
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maokoto
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February 05, 2016, 06:21:26 PM |
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I think one of the best guides is just knowing the motto "buy low and sell high" and then having a good amount of patience to not buy sell out of emotion. Learning to master that is more valuable than many trading guides. However, I would also be interested in one of that if someone supplies it.
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BruceLee007
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February 06, 2016, 01:10:44 PM |
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Maybe somoene have some trading guide,guys I really need help, I will help you with other some questions.I am good guy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Master_dandosha
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February 06, 2016, 01:57:26 PM |
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Maybe somoene have some trading guide,guys I really need help, I will help you with other some questions.I am good guy ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think there in no real guide for trading , but i will advice you to put your order a little lower (never affected by trader manipulation) or a little higher in case you want to buy\sell then be strong with a good amount of patience . Very important rules you have to know first what you are going to buy . thanks
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