5 Things All traders should Do

[TrumpD]

Very good tips OP, unfortunately it is easier said than done for most traders, yours truly included. We all know the rules, repeat the mantra, but fail it in practice. Trading, really is hard.

[1713576542]

1713576542

[Quidat]

You can not always be all these! Those things you said we should be or be not are the very things that make us human. However having control and balance is what make you a trade duper super star

Trading is not a school lesson that you’ll be told by someone and you will remember it in your whole life. It is just the experience which makes you a good trader. You keep on learning new things with the passage of time, which helps you out in doing effective business. But if you think that someone will tell you and you’ll become successful trader, this is near to impossible.

Not only near to impossible but totally out of question. No one is going to share their precious and secret strategies of making successful trades. We all know that experience is the best teacher, we learn best from our mistakes and I will advise the same for trading. Try to learn trading with small amounts.

Well aside from these i think it's also important to develop a skill in reacting accordingly to any market situations. Most of the time this will come through experience and practice and learning how to quickly adjust will probably be as big a help in trading as having enough patience to avoid panic

It is the use full for the trading and inprove the busines and skill it will resolve the issue and change the busines process it give more information for the trading and how to change process and procger it the use full one for the trating process.
1)Never be emotional 2)Always be prepared 3)Never put all your eggs in one basket 4)Never sell all your coins at once 5)Always be logical

Being emotional is always been part on trading career which it is one of the problems which we would encounter to ourselves while we are trading.When we are still a newbie for sure we would really experience such thing.This should really be controlled for you to be able to make good set-ups. Never put all your money on a single basket is always advisable because its better to have back-up plans if problem do arise later on.

[peter0425]

You can not always be all these! Those things you said we should be or be not are the very things that make us human. However having control and balance is what make you a trade duper super star

Trading is not a school lesson that you’ll be told by someone and you will remember it in your whole life. It is just the experience which makes you a good trader. You keep on learning new things with the passage of time, which helps you out in doing effective business. But if you think that someone will tell you and you’ll become successful trader, this is near to impossible.

I totally agreed because I have been there as well. I tried to study and learn through reading and textbooks. But I said to myself that it is better if I will go on trading because you will not know if you are going to be successful if you just read all the books. So I started with small capital and work my way up. I encountered a lot of challenges a long the way, but I kept on going until I go learn some good strategy and method on how to be a successful trader. I know its a long way to go but I will not lose faith eventhough that there are bumps that I face a long the way.

[HatakeKakashi]

This very helpful to us and mostly to the newbie in trading. Because mostly if you are newbie you did not know what is trading all about. So this thread is helpful to get information about trading and what you will do. I use also your startegie or techniques or what ever you call that. And thats very effective you everyone follow that yoi can earn profit from trading.goodluck to the trader who want to start.

[KennyR]

With trading each and every second of time is important to make an better profiting. The basic step that needs to be followed with trading is the selection of the coins. Second, based on the market circulation the volume of investment needs to be calculated for profiting.

[diouf67]

Very useful tips thankyou. The only one I would have to say I disagree with is the last one about spacing out your sells and not selling all coins at once. I think as a general rule this is a useful thing to consider but in terms of NEVER I think that is a mistake, sometimes you will have a feeling that the market is really at its peak and you have to be able to have the conviction and pull the trigger, if you are wrong and the market continues to grow you need to learn that you made the best decision you could have at the time with the information you had available to you. However if you have a strong conviction something will happen and you ignore it because of 'strict' rules then you are leaving potential earnings on the table.

[Qunenin]

That's the elementary base that everyone here should in their tool box, most of these guys have been around here for several months and even a year or two and have either set these facts our for themselves or have done so in a subconscious learning curve, but we appreciated the efforts. Crypto has made a quick student of some of these guys and they have either learned or died.

[Saoha]

You can not always be all these! Those things you said we should be or be not are the very things that make us human. However having control and balance is what make you a trade duper super star

Trading is not a school lesson that you’ll be told by someone and you will remember it in your whole life. It is just the experience which makes you a good trader. You keep on learning new things with the passage of time, which helps you out in doing effective business. But if you think that someone will tell you and you’ll become successful trader, this is near to impossible.

I totally agreed because I have been there as well. I tried to study and learn through reading and textbooks. But I said to myself that it is better if I will go on trading because you will not know if you are going to be successful if you just read all the books. So I started with small capital and work my way up. I encountered a lot of challenges a long the way, but I kept on going until I go learn some good strategy and method on how to be a successful trader. I know its a long way to go but I will not lose faith eventhough that there are bumps that I face a long the way.

The advice is very useful and probably not everyone can do. I was also quite panicked and worried when my money kept dropping a lot (40%). Not a small number, then I actually accepted the losses and sold them at low prices because I thought it might decrease further. And it is a mistake for the newbie because anyone who has experience will understand the rule of reduction will increase again. I received a big lesson - maybe a tuition for success. I can now control my emotions and business with a cold head and logical analysis of the market. A long way to go to success and business is adventure.

[Ponylon]

nice tips, I agree with all your points

make sure to DIVERSIFY people, holding only crypto's makes you prone to higher volatility and risk, even out your portfolio to be ready for any weather

other than that you're gold

[bengems]

This is the best trading advice money cannot buy. I have been practicing hard on this steps and it is working in most cases

[setupbounds]

You can not always be all these! Those things you said we should be or be not are the very things that make us human. However having control and balance is what make you a trade duper super star

Trading is not a school lesson that you’ll be told by someone and you will remember it in your whole life. It is just the experience which makes you a good trader. You keep on learning new things with the passage of time, which helps you out in doing effective business. But if you think that someone will tell you and you’ll become successful trader, this is near to impossible.

I totally agreed because I have been there as well. I tried to study and learn through reading and textbooks. But I said to myself that it is better if I will go on trading because you will not know if you are going to be successful if you just read all the books. So I started with small capital and work my way up. I encountered a lot of challenges a long the way, but I kept on going until I go learn some good strategy and method on how to be a successful trader. I know its a long way to go but I will not lose faith eventhough that there are bumps that I face a long the way.

The advice is very useful and probably not everyone can do. I was also quite panicked and worried when my money kept dropping a lot (40%). Not a small number, then I actually accepted the losses and sold them at low prices because I thought it might decrease further. And it is a mistake for the newbie because anyone who has experience will understand the rule of reduction will increase again. I received a big lesson - maybe a tuition for success. I can now control my emotions and business with a cold head and logical analysis of the market. A long way to go to success and business is adventure.

I think following things should be done by all traders:
Planning for investments
Listing down their winnings and losses
Trade off at the right time from the market
Use of previous knowledge and experiences
Must me market intelligent.

[majdoso]

trading is an open sea where you can face too much of difficulties, variable minds, crazy people..
so that you have to make plans to save your trading style.
1- you have to offer new products
2- make studies related to the actual market
3- make an intelligent publicity witch can attract people
4- put reasonable prices
5- working on how to expand your trading field.