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AngelSky
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April 13, 2017, 05:10:45 PM |
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i guess this the rigth place to make this question, i am starting to trade on poloniex, i understand the exchange and i have made some small profits,also understand a little bit margin trading, so here is my question
on margin trading is there a way to set a position for long and when some price is reached stop or close the open trade?
i have tried stop limit but it didn work for me, maybe is that i dont know to use it well
Please set the least value as a initial range to start a trade with you. Currently price is seems to be settled in 1200$. Therefore set the value for each bitcoin little higher than the price chart value. Always do purchase more when the price is low and sell moderately always. Hold some bitcoin as a part from your profit in your personal wallet. It will help you in needy time. |
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wahb
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April 14, 2017, 11:24:13 AM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. |
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upsidedown75
Legendary
 Offline
Activity: 1288
Merit: 1036
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April 14, 2017, 03:05:39 PM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. You should not become a trader just for one fluctuation/aiming for one big price levels. Because conditions and situations may change over time. You must be a versatile to handle any situation in future and you should be technically prepared for that. When you are able to handle any situation in trading, that must be the best time to become a trader. For that, you must work hard for learning different aspects of technical trading. |
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stolendata
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April 14, 2017, 11:56:07 PM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. in fact trading can be start at any time, but still i will like to add that you need to get some experience about trading and and then you should start trading. |
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Devboy
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April 15, 2017, 03:02:04 AM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. in fact trading can be start at any time, but still i will like to add that you need to get some experience about trading and and then you should start trading. Yes, there need not wait any special moment to joij trading business. Anytime one can come to this industry but only need before coming make sure your capabilities, experience other essential material you have. Unless being professional it's be safe just focus your learning. |
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stolendata
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April 15, 2017, 04:42:44 AM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. in fact trading can be start at any time, but still i will like to add that you need to get some experience about trading and and then you should start trading. Yes, there need not wait any special moment to joij trading business. Anytime one can come to this industry but only need before coming make sure your capabilities, experience other essential material you have. Unless being professional it's be safe just focus your learning. yes although there is no specific time for trading but still i think we should start trading when we get some good experience in trading. |
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SvenBomvolen
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April 15, 2017, 05:17:27 AM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. in fact trading can be start at any time, but still i will like to add that you need to get some experience about trading and and then you should start trading. What kind of practice do you mean, theoretical or practical? I think there is nothing to learn about trading before to begin to do that. There is just one simple law - buy when the price is low, sell when it's high. Nothing more. |
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bebahulou
Newbie
Offline
Activity: 6
Merit: 0
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April 15, 2017, 05:41:00 AM |
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Thanks. I learn so much from this thread.. one thing very important in trading is not to be too greedy. I always make my trade for profit only. Thanks to one that teach me.
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gabbie2010
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April 15, 2017, 06:03:07 AM |
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The best time to become a good trader is when you win most of your trades consistently with a good risk to reward ratio i.e 1:3 there will be few losses it is part of feature of a good trader, As a good trader you will also trade with the amount of money you can afford to lose and have a sound money management. A good trader will also use Stop loss and Take profit in his trading system (TP and SL).
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omonuyak
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April 15, 2017, 06:28:23 AM |
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Op I like your reason why we should invest in trading now especially your example of an African commercial motor cycling driver who went to his business after a fatal accident. For those who buy bitcoin when the price is $100 they have make significant profit and the margin trading also create opportunities for one to make profit daily from the bitcoin market.
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stergium
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April 15, 2017, 09:03:44 PM |
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The best time to become a good trader is when you win most of your trades consistently with a good risk to reward ratio i.e 1:3 there will be few losses it is part of feature of a good trader, As a good trader you will also trade with the amount of money you can afford to lose and have a sound money management. A good trader will also use Stop loss and Take profit in his trading system (TP and SL).
but to me i think the best time for trading is when you become a good trader and get good experience in trading, then that is the best time of trading. because when you will become a good trader then there are more chance to make money. |
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Finestream
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April 16, 2017, 06:34:49 AM |
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The best time to become a good trader is when you win most of your trades consistently with a good risk to reward ratio i.e 1:3 there will be few losses it is part of feature of a good trader, As a good trader you will also trade with the amount of money you can afford to lose and have a sound money management. A good trader will also use Stop loss and Take profit in his trading system (TP and SL).
but to me i think the best time for trading is when you become a good trader and get good experience in trading, then that is the best time of trading. because when you will become a good trader then there are more chance to make money. You can't become a good trader if you are just sitting out, you need to take the risk to train yourself to become a good trader. First, you can start with a small amount of money to practice trading and once you improve your skills and you build the confidence already, it's time to for you to take a bigger risk in trading. It's a journey and your main goal is to make profit, thus you have to mature in order to be profitable. |
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ekoice
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April 16, 2017, 01:47:48 PM |
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You are right.I too started trading when i had a job.Since i had an other source of income from my job,i was able to trade freely and take small risks.Now i have left my job and have become a full time trader.I could now run my family through my trading earning.
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Wipro
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April 16, 2017, 02:23:46 PM |
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You are right.I too started trading when i had a job.Since i had an other source of income from my job,i was able to trade freely and take small risks.Now i have left my job and have become a full time trader.I could now run my family through my trading earning.
There is no big risk at all being involved in trading. Some people worry about the bitcoin trading due to scammers may scam us once they receive the payment but Sites like polenix, yobit and localbitcoins are using better online escrow system. Payment will locked once the seller open the trade. Therefore you see the BTC chart continuously and fix the rate accordingly. |
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Nagadota
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April 16, 2017, 07:20:27 PM |
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You are right.I too started trading when i had a job.Since i had an other source of income from my job,i was able to trade freely and take small risks.Now i have left my job and have become a full time trader.I could now run my family through my trading earning.
There is no big risk at all being involved in trading. Some people worry about the bitcoin trading due to scammers may scam us once they receive the payment but Sites like polenix, yobit and localbitcoins are using better online escrow system. Payment will locked once the seller open the trade. Therefore you see the BTC chart continuously and fix the rate accordingly. Exchanges don't really use an escrow system, they just hold the funds themselves and promise to pay them to you when you want to withdraw them. |
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BunnyShibe
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April 16, 2017, 09:16:59 PM |
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The best time to become a good trader is when you win most of your trades consistently with a good risk to reward ratio i.e 1:3 there will be few losses it is part of feature of a good trader, As a good trader you will also trade with the amount of money you can afford to lose and have a sound money management. A good trader will also use Stop loss and Take profit in his trading system (TP and SL).
i think no one know in advance that either he is going to win or lose. to me i think that the best time for trading is that when you get good experience about trading, and when you become ale to make good profit from trading then it is the best time for trading. |
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virtualkeybuyer
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April 16, 2017, 11:43:05 PM |
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Thanks. I learn so much from this thread.. one thing very important in trading is not to be too greedy. I always make my trade for profit only. Thanks to one that teach me.
Yes that thread is really very beneficial I also learn some different things about trade in this thread. I am good in trade and also give suggestions and tips to friends about starting the trade but still I come to some new thing in trade. |
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whizter
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April 17, 2017, 08:10:01 AM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. You should not become a trader just for one fluctuation/aiming for one big price levels. Because conditions and situations may change over time. You must be a versatile to handle any situation in future and you should be technically prepared for that. When you are able to handle any situation in trading, that must be the best time to become a trader. For that, you must work hard for learning different aspects of technical trading. yes that is very much important to have have good knowledge about trading, only then you can make money, i think the most important think in trading is your experience, if you will have good experience in trading then you will be more and more confident. |
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wahb
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April 17, 2017, 09:42:45 AM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. You should not become a trader just for one fluctuation/aiming for one big price levels. Because conditions and situations may change over time. You must be a versatile to handle any situation in future and you should be technically prepared for that. When you are able to handle any situation in trading, that must be the best time to become a trader. For that, you must work hard for learning different aspects of technical trading. yes that is very much important to have have good knowledge about trading, only then you can make money, i think the most important think in trading is your experience, if you will have good experience in trading then you will be more and more confident. and to me i think without good knowledge about trading, we can consider trading as more risky, may be more that gambling, because in gambling we mostly depend on our luck but in trading we also need our experience and skill of trading. |
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KingdomHearts
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April 17, 2017, 09:59:14 PM |
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We can really start into trading anytime as much as we want as long we are knowledgeable with this field and you already have idea because if you just rush into this thing without proper knowledge then for sure you would lose your money. Being a trader is not easy at all especially we are battling against price movements of a certain coin or currency but the hardworks on making positive trading would really make you decent money.
Yes we can all start trading anytime as long as we have a proper knowledge and basic trading pattern you can do. To achieve it you need to read on a forum so you can gain knowledge about trading and bitcoin. Then do a signature campaign and earn for it, when you earn you can make it as a capital on your trading. Then always monitor to price for you to know when is the best time to buy or sell for you to earn and not to lose. Just continue this basic ways and I am sure you will be a good trader in time. yes trading can be start at any time. but we need to wait for the good time when it is more suited to start trading. for example in present time when the price of bitcoin is trading below 1200 USD level so it is the best time for trading. as the price of bitcoin is expected to increase more and more. You should not become a trader just for one fluctuation/aiming for one big price levels. Because conditions and situations may change over time. You must be a versatile to handle any situation in future and you should be technically prepared for that. When you are able to handle any situation in trading, that must be the best time to become a trader. For that, you must work hard for learning different aspects of technical trading. yes that is very much important to have have good knowledge about trading, only then you can make money, i think the most important think in trading is your experience, if you will have good experience in trading then you will be more and more confident. and to me i think without good knowledge about trading, we can consider trading as more risky, may be more that gambling, because in gambling we mostly depend on our luck but in trading we also need our experience and skill of trading. yeah knowledge about trading is very important for a trader and if we start trading without any experience or knowledge then we should face to risk and i think sometime people get profit in trading by their good luck. |
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