dawnpot
Newbie
Offline
Activity: 42
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 12:03:45 PM |
|
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
That's absolutely correct and I'd like to chip this in, money management doesn’t just involve risking an appropriate amount on everytrade. It also involves managing a winning trade from start to finish. This is an important part of any good trading methodology th at is often overlooked by beginning and expert traders alike.
|
|
|
|
traderethereum
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 12:04:28 PM |
|
i think money management is a must that every trader should do because without we learn about money management, we can not make a profit and we only confusing about the trading itself. money management means a lot and this is not just about how much we want to buy the coins, how we want to sell the coins, its more than that so we should at least know how to do money management.
|
|
|
|
hajimasan
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 12:22:19 PM |
|
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Firstly I Always Suggest that if anyone want to succeed in trading then he/she Needs to Know about the Risks and Profit Factors involved in trading to Stop Loss and Turn their Trading into Profit. I Always Use to Know about a Particular Coin Before Start Doing Trading of that Coin Because It will Help me to know the market cap and Supply Demand Of the Coin.
|
|
|
|
Zadicar
Legendary
Offline
Activity: 1428
Merit: 1025
DGbet.fun - Crypto Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 12:33:58 PM |
|
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Firstly I Always Suggest that if anyone want to succeed in trading then he/she Needs to Know about the Risks and Profit Factors involved in trading to Stop Loss and Turn their Trading into Profit. I Always Use to Know about a Particular Coin Before Start Doing Trading of that Coin Because It will Help me to know the market cap and Supply Demand Of the Coin. Technical analysis would really play a major role specially when we are tending to trade a particular coin and as you said we should really know more about a coin before jumping into it on trading.Money management and Emotion would really be needed to control so that we could able to sustain longer on trading.
|
|
|
|
shinratensei_
Legendary
Offline
Activity: 3192
Merit: 1025
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 12:36:37 PM |
|
This was enough for make me feeling stressed, dude. I may think if the december 2014 was coming in. But it seems like the bitcoin was raising with a lot of the stability and can keep his price with stronger. There is a surprise in early 2017, and I believe it. Bitcoin will be repeating the previous history soon. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That guy can be a professional trader. I watch it , dude.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
shintosai
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 12:43:45 PM |
|
i think money management is a must that every trader should do because without we learn about money management, we can not make a profit and we only confusing about the trading itself. money management means a lot and this is not just about how much we want to buy the coins, how we want to sell the coins, its more than that so we should at least know how to do money management.
Yes its always how you control your money the more you know where to place certain amount of you investment the more you can control profits and loses this is very important tradings is a number games so the more we know how to balance the better we manage everything.
|
|
|
|
Potato Chips
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 22, 2016, 01:02:53 PM |
|
Yes. I agree with you that money management is a basic skill that a trader must have because it is also a risk
management for us to maximize our profits and prevent large loses.
Haven't tried forex tarding but a well thought-out-plan plan works for every kind of trading. For this you need to
record and organize all the data that you have so you will have something to base your plan.
|
|
|
|
machinek20
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 23, 2016, 02:58:35 PM |
|
Money management surely is important in trading, in trading you need to have a good way to manage your money especially in forex where the trade amount is big, with money management you may prevent further lost, but sometimes money management that prevent you for taking extra profit, so you need to be wise in trading
|
|
|
|
iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 23, 2016, 03:34:24 PM |
|
Money management surely is important in trading, in trading you need to have a good way to manage your money especially in forex where the trade amount is big, with money management you may prevent further lost, but sometimes money management that prevent you for taking extra profit, so you need to be wise in trading
I agree with you . money management is the most important thing in trading. because when we can manage the money so we can adjust expenses and revenues every day. if we can not do financial management then we will lose.
|
|
|
|
Idrisu (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 23, 2016, 04:03:00 PM |
|
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
That's absolutely correct and I'd like to chip this in, money management doesn’t just involve risking an appropriate amount on everytrade. It also involves managing a winning trade from start to finish. This is an important part of any good trading methodology th at is often overlooked by beginning and expert traders alike. Money management strategy is the foundation of successful trading. I find out that a wining trading can turn to losing trade if a trader has a bad money management habit. Trading, good if you are, a winner and bad if you are, a loser not for a single trade but cumulated trades.
|
|
|
|
Kotone
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 23, 2016, 04:28:03 PM |
|
Money management surely is important in trading, in trading you need to have a good way to manage your money especially in forex where the trade amount is big, with money management you may prevent further lost, but sometimes money management that prevent you for taking extra profit, so you need to be wise in trading
Managing money is very important when you are in trading you need to manage your coin carefully to not lose any piece of your altcoins becase every piece of this is money i don't trade huge amount of my coin in trading site i always invest at ico where i can get some extra profit and good come back.
|
|
|
|
xuan87
Legendary
Offline
Activity: 1666
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 24, 2016, 02:53:22 PM |
|
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
|
░░░░░░░░░░░░░░░███████████████░░░░░░░░░░ ░░░░░░░░░░░░██████████████████████░░░░░░ ░░░░░░░░░░░█████████████████████████░░░░ ░░░░░░░░░█████████░░░░░░░░░░░████████░░░ ░░░░░░░░███████░░░░░░░░░░░░░░░░███████░░ ░░░░░░░███████░░░░░░░░░░░░░░░░░░░█████░░ ░░░░░░░███████░░░░░░░░░░░░░█████░██████░ ░░░░░░░██████░░░░░█░░░░░████████░██████░ ░░░░░░░███████░░░███░░░████░░███░██████░ ░░░░░░░███████░░██░██░████░░███░░█████░░ ░░░░░░░░██████░░██░░█░███░░███░░██████░░ ░░░░░░░░░███████░██░█░█░░░███░░██████░░░ ░░░░░░░░░░░██████░███░░░███░░░█████░░░░░ ░░░░░░░░░██░░████░░░░░░██░░░██████░░░░░░ ░░░░░░░░████░░░░░██████░░░█████░░░░░░░░░ ░░░░░░░░███████░░░░░░░░░███░░░░░░░░░░░░░ ░░░░░░░░░░░█████████████░░░░░░░░░░░░░░░░ ░░░░░░░░███░░░█████░░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░██████░░░███░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░░░ | ▂▂ ▃▃ ▅ ▆ ▇ █ TeraWATT █ ▇ ▆ ▅ ▃▃ ▂▂
Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
|
|
|
upsidedown75
Legendary
Offline
Activity: 1288
Merit: 1036
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2016, 09:24:45 PM |
|
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading. This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading.
|
|
|
|
Yutikas_11920
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2016, 10:59:29 PM |
|
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading. This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading. Why you should be scared or nervous trading friends ..? , if you do not see or want a good profit or gain amazing experience ..? . OK, I see that the things that make you nervous in trading is losing, and losing is the main factor a person has a sense of nervous, if that's true then I expect that you start thinking about all the advantages you can get and also you should learn from all experiences all the people doing the trading, because that way then you can calmly to make something better
|
|
|
|
juras54
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2016, 11:22:30 PM |
|
think the main thing is not to take too much leverage...play for the sum of money amount of which you do not experience, and the main thing is peace of mind
|
|
|
|
Skarner21
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2016, 11:46:27 PM |
|
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading. This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading. Well experience is the best to learn in trading so better to start in small amount before you can go in large trading.. Before i was just the same thoughts before that honestly i am afraid to be lose because i do not know how to trade.. so first i tried to scale up a small amount if i lose well it is not meaning that i will stop instead i try and try until i am making good method to earn more in trading..
|
Make crypto as your bank.
|
|
|
emezh10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2016, 08:59:21 AM |
|
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Mine is to Observed first the coin if it is a legit or a shit coin after that I will invest some of my funds to that coin, I don't all in because that is too risky I preferred to invest in many coins because that gave me a lot of profit, So i will suggest Invest for a coin that you can afford to loosed.
|
|
|
|
Sled
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2016, 10:36:21 AM |
|
I have been trading forex for the past 8years, my experience is that; money management is best principles trader has to learn I mean a must learn if he what to succeed in trading. Money management principle make me see forex trading as a business and not gambling or lottery. More so money management in trading take fears and emotions out of trading. My question is what are your best strategies of forex trading.
Yes, money management is the key when you want to succeed in any kind of job, business or even career. If you master that kind of stuff then congrats because your future is clear and you don't need to worry about having financial problems since you already know how to manage your money. In terms of strategies in forex trading or any kind of trading, It also includes money management because when i earn profit i save the minor percentage of it for my future needs or wants. I also do short term and long term trading at the same time. On short term trading that is where i trade altcoins and long term trading is that where i trade bitcoins.
|
|
|
|
warwar
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2016, 10:54:16 AM |
|
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading. This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading. Well experience is the best to learn in trading so better to start in small amount before you can go in large trading.. Before i was just the same thoughts before that honestly i am afraid to be lose because i do not know how to trade.. so first i tried to scale up a small amount if i lose well it is not meaning that i will stop instead i try and try until i am making good method to earn more in trading.. That is a good strategy to start in trading. Experience in trading is good so if you are just newbie dont invest big right away learn first , learn the things about it, gain experience from your small amount of money before investing big. At first you need to invest small amount so that you will know how to trade. Just a small amount then after you know you can invest bigger
|
|
|
|
ikydesu
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2016, 08:44:22 PM |
|
I think knowledge and experience is the most important thing in trading, you also need to control your emotion in trading, think clearly before making any decision, and money management is one of the important things to prevent you from bankrupt in trading, for me Forex trading a bit more difficult to predict because in Forex within a small rumour it can change the price significantly and too many aspect that can change the price
Actually there are a lot of suggestions and guidelines are available for making better benefits from trading for all the traders and unfortunately being a trader I am unable to follow them properly to have a better stay in my trading. This maybe I am little nervous while I am trading. Maybe after gaining some experience I could manage it to follow those guidelines to have fruitful trading. Why you should be scared or nervous trading friends ..? , if you do not see or want a good profit or gain amazing experience ..? . OK, I see that the things that make you nervous in trading is losing, and losing is the main factor a person has a sense of nervous, if that's true then I expect that you start thinking about all the advantages you can get and also you should learn from all experiences all the people doing the trading, because that way then you can calmly to make something better Hesitation or nervous is the one thing which affect our decision, it's dangerous I think. And my advice is trading first in demo account platform, there are available for forex and bitcoin/altcoin, for try improvement our experience, trading for me is not a play a game with just used your intuition with. It's a dignified profession.
|
|
|
|
|