Hy to everyone am new to your forum so sorry if I make any mistakes
and sorry for my bad english
I would ask a few questions about trading with Altcoins
Which brokers do you choose and why?
Are there things that are indispensable z.b risk management, tradings plan?
What does a good tradings plan look like?
What does good risk management look like?
what sits on the internet do you use for info about altcins?
What criteria must be met before you can trust a company?
Do you use indicators or oscillators to calculate the chart?
And it would be nice if someone would show a real example, so what would you buy now and why would you buy it now.
1. Which brokers do you choose and why?
i choose poloniex, bittrex and bter. because poloniex and bittrex have a huge volume and very active market. for bter, its a chinese market that trading for bitcoin with yuan, altcoin with yuan and its good to learn it.
2. Are there things that are indispensable z.b risk management, tradings plan?
i think before we do a trading, we need to learn the simple method of trading, how much amount we want to use for trading, what we want to trade (bitcoin with fiat or bitcoin with altcoin). don't say risk management and trading plan because its so complicate for you and for beginers and for me too.
3. What does a good tradings plan look like?
if you can make 1,5% for profit in a day for 10 times, its a good for you but to do this, we should have much experience and it can't be happen in one night. its need trial and error so we can mastered it.
4. What does good risk management look like?
we should think about what if there is a drop price that happen in the market, do we want to make cut loss to cover the loss or we still holding and hope if the price will come to get high.
5. what sits on the internet do you use for info about altcins?
i use coinmarketcap and i think its good to make analize from that site.
6. What criteria must be met before you can trust a company?
it should have security to protect the member like g-auth, email auth or something like this.
7. Do you use indicators or oscillators to calculate the chart?
yes, but beside indicators i think i use the history of the coins and from the market movements.