stergium
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April 16, 2017, 11:45:55 PM |
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Loss at the start of trading in my opinion it is reasonable, because to be profitable in the trade required a good learning. Maybe a little suggestion in the early start of trade would be better to establish the amount of profit and loss, it is intended that you start a trade according to your target. After that begin to analyze and you should know how the trend at the time, adjust to the market conditions at the time. The basic method of trading is basically technical and fundamentals. I'm sure if you're already familiar definitely be can get a profit.
Cotinuous learning is the key. 'the basic method of blah, blah, blah' don't know what you mean. Yes " continuous learning is the key" professional traders leaned and developed their skills through consistent Learning. For traders that are new in forex or trading, what you need to do first is to demo trade or open a practice account then from there develop your skills on how to trade skillfully , before risk your trading capital. start with a very less investment or open a dummy account for the the practice and learn the basic techniques or rules of it. rather than without experience or skills it will turn it into a big loss in your investment. so, learn the skills through less investment and when you are experienced than do it with good investment so, it will really help you. in one line trading altcoin is a very best source of earning but without experience it is worst. yes that is very right if you do not have any experience in trading then you should really try to start will less amount of bitcoin.
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MoneyIsDebt
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April 17, 2017, 06:50:01 AM |
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Loss at the start of trading in my opinion it is reasonable, because to be profitable in the trade required a good learning. Maybe a little suggestion in the early start of trade would be better to establish the amount of profit and loss, it is intended that you start a trade according to your target. After that begin to analyze and you should know how the trend at the time, adjust to the market conditions at the time. The basic method of trading is basically technical and fundamentals. I'm sure if you're already familiar definitely be can get a profit.
Cotinuous learning is the key. 'the basic method of blah, blah, blah' don't know what you mean. Yes " continuous learning is the key" professional traders leaned and developed their skills through consistent Learning. For traders that are new in forex or trading, what you need to do first is to demo trade or open a practice account then from there develop your skills on how to trade skillfully , before risk your trading capital. start with a very less investment or open a dummy account for the the practice and learn the basic techniques or rules of it. rather than without experience or skills it will turn it into a big loss in your investment. so, learn the skills through less investment and when you are experienced than do it with good investment so, it will really help you. in one line trading altcoin is a very best source of earning but without experience it is worst. yes that is very right if you do not have any experience in trading then you should really try to start will less amount of bitcoin. experience really matter in trading and the only way to gain experience is to do it with the less amount and learn the ethics first. the trading is a good way of earning but i think without experience it is the worst.
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Nagadota
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April 17, 2017, 07:01:12 AM |
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Loss at the start of trading in my opinion it is reasonable, because to be profitable in the trade required a good learning. Maybe a little suggestion in the early start of trade would be better to establish the amount of profit and loss, it is intended that you start a trade according to your target. After that begin to analyze and you should know how the trend at the time, adjust to the market conditions at the time. The basic method of trading is basically technical and fundamentals. I'm sure if you're already familiar definitely be can get a profit.
Cotinuous learning is the key. 'the basic method of blah, blah, blah' don't know what you mean. Yes " continuous learning is the key" professional traders leaned and developed their skills through consistent Learning. For traders that are new in forex or trading, what you need to do first is to demo trade or open a practice account then from there develop your skills on how to trade skillfully , before risk your trading capital. start with a very less investment or open a dummy account for the the practice and learn the basic techniques or rules of it. rather than without experience or skills it will turn it into a big loss in your investment. so, learn the skills through less investment and when you are experienced than do it with good investment so, it will really help you. in one line trading altcoin is a very best source of earning but without experience it is worst. yes that is very right if you do not have any experience in trading then you should really try to start will less amount of bitcoin. experience really matter in trading and the only way to gain experience is to do it with the less amount and learn the ethics first. the trading is a good way of earning but i think without experience it is the worst. More importantly, there are several practice accounts which you can trade in for forex, which would teach you the fundamentals before you get into cryptocurrency trading.
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whizter
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April 17, 2017, 08:17:06 AM |
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Loss at the start of trading in my opinion it is reasonable, because to be profitable in the trade required a good learning. Maybe a little suggestion in the early start of trade would be better to establish the amount of profit and loss, it is intended that you start a trade according to your target. After that begin to analyze and you should know how the trend at the time, adjust to the market conditions at the time. The basic method of trading is basically technical and fundamentals. I'm sure if you're already familiar definitely be can get a profit.
Cotinuous learning is the key. 'the basic method of blah, blah, blah' don't know what you mean. Yes " continuous learning is the key" professional traders leaned and developed their skills through consistent Learning. For traders that are new in forex or trading, what you need to do first is to demo trade or open a practice account then from there develop your skills on how to trade skillfully , before risk your trading capital. start with a very less investment or open a dummy account for the the practice and learn the basic techniques or rules of it. rather than without experience or skills it will turn it into a big loss in your investment. so, learn the skills through less investment and when you are experienced than do it with good investment so, it will really help you. in one line trading altcoin is a very best source of earning but without experience it is worst. yes that is very right if you do not have any experience in trading then you should really try to start will less amount of bitcoin. experience really matter in trading and the only way to gain experience is to do it with the less amount and learn the ethics first. the trading is a good way of earning but i think without experience it is the worst. yes that is a fact that experience play too much important role in trading, and specially in trading alt coin. i think those people who have too much experience in trading then they can make good profit from trading.
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Text
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April 17, 2017, 08:37:09 AM |
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Experience is the great teacher. As you keep trading, you will learn the things that you need to know especially the techniques for you to be able make successful trades on next round. Enter the trading community if you are ready like having much more time for it.
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Yuuto
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April 17, 2017, 10:37:50 PM |
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Experience is the great teacher. As you keep trading, you will learn the things that you need to know especially the techniques for you to be able make successful trades on next round. Enter the trading community if you are ready like having much more time for it.
The biggest problem I have ever encountered during my period of trading education was having enough time, to learn all market mechanics well. That have led me to spending a lot of time, learning not important things, which is why I think that the best way to learn trading FX or stocks thanks to your experienced friend. In my case, that have worked very well, but the most important thing is to have a goos teacher, if someone helps you to get the grasp on taking profits from different markets. If you dont have any other way than learning on your own, then I would suggest joining traders community, to learn the basics.
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yrreg ger
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April 19, 2017, 04:26:48 PM |
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I am Annie ...
Hi Annie, I'm sure you learned some things from dice trading (hopefully bankroll management) that you can use in trading alts. First, I agree with the advice below: I would advise you to start practical trading with low amounts and do that more frequently. Make sure you pick the right pair for trade because there are more than 600 altcoins at this moment and most of them are going to end up with a loss so be careful while choosing a pair.
Here's how you can learn how to trade: 1. Set a small budget and deposit to more than 1 exchange (e.g. poloniex, kraken, btc-e). 2. Pick an altcoin that is not very hyped, but has some volume, and try to do a test trade. 3. Watch the orderbook and try to observe how people trade (this is to get a basic understanding of how it works not to mimic them - assume that they are losing). 4. Start learning the basics of technical analysis (you can learn the basics in a few days) and practice making your own analysis on places like BitcoinWisdom, CryptoWat.ch, TradingView. 5. Start making trades based on technical analysis, and don't risk too much at once (use solid bankroll management). 6. Don't pour more of your own money into it. Try to survive with your starting bankroll and reinvest all profits. This is how you get started. If you can make it a habit like dice, your skill will definitely improve and you should become profitable. Good luck! Thank you for this! I am also trying to learn things about trading since I am planning to trade. Thanks for elaborating what other members are also trying to tell to annie9771 and also for putting effort. I have been reading articles about trading for two weeks and I guess suggestions coming from members here still matters since it is based from own experiences. This would really be helpful. I hope that I would succeed in making profit by means of trading.
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The_prodigy
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April 19, 2017, 06:40:59 PM |
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Trading can be done with steps and instructions to be prepared and it will be perfect once you complete you task. Not only choosing altcoin to buy but to know what coin has a potential to grow faster to make weekly profits. Learn more about the market mechanics to avoid lose coins when you sell.
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kobe24
Sr. Member
Offline
Activity: 616
Merit: 250
www.cd3d.app
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April 20, 2017, 02:31:11 AM Last edit: April 20, 2017, 08:07:39 AM by kobe24 |
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Experience is the great teacher. As you keep trading, you will learn the things that you need to know especially the techniques for you to be able make successful trades on next round. Enter the trading community if you are ready like having much more time for it.
The best advice i have ever seen, Most of the great trader experience also a big loss before they do trading perfectly we must learn from our mistakes and use it to make profit in the next trade
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boyptc
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April 20, 2017, 03:42:01 AM |
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Trading can be done with steps and instructions to be prepared and it will be perfect once you complete you task. Not only choosing altcoin to buy but to know what coin has a potential to grow faster to make weekly profits. Learn more about the market mechanics to avoid lose coins when you sell.
Choosing the coin needs to be done properly. You should be meticulously choosing the right coin to trade and for your start. And it's always going to be a good thing that you are just going to start with small amount so whenever things comes worst, you are fine with the losses and you can just start it again.
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poetra2501
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April 20, 2017, 04:44:05 AM |
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Trading can be done with steps and instructions to be prepared and it will be perfect once you complete you task. Not only choosing altcoin to buy but to know what coin has a potential to grow faster to make weekly profits. Learn more about the market mechanics to avoid lose coins when you sell.
Choosing the coin needs to be done properly. You should be meticulously choosing the right coin to trade and for your start. And it's always going to be a good thing that you are just going to start with small amount so whenever things comes worst, you are fine with the losses and you can just start it again. And in trading Bitcoin/altcoin, don't believe anyone that gives you any info that is not clear, for example, gives you signals for trading before you actually already studying and find out for yourself that info is valid.
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Monnt
Legendary
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Activity: 938
Merit: 1002
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April 20, 2017, 01:23:29 PM |
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it's always going to be a good thing that you are just going to start with small amount so whenever things comes worst, you are fine with the losses and you can just start it again.
The problem of facing losses even in small amount will be eliminated when traders are opting get practising with demo accounts. When we are practising with demo for long haul, we never need to worry about losses after that. Because the demo accounts are capable of providing real-time experience which will be more than enough to become professional trader even before touching real market. I believe hard practising with demo accounts before starting trading must be the right way for finding better trading.
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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April 20, 2017, 01:39:41 PM |
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And in trading Bitcoin/altcoin, don't believe anyone that gives you any info that is not clear, for example, gives you signals for trading before you actually already studying and find out for yourself that info is valid.
Rule nr one is to never take anything for granted from what is being said in this forum. Problem only is that the majority of the people simply don't know what to do, or how to analyze the market, and thus will be looking for input from others. In that regard, there is no way for them to find out whether or not the input from others is helpful or not. People will find out afterwards. That's why I always advice people that don't know anything about trading or markets - just stay away from trading. Don't stick your nose into something that you don't know anything about.
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Stedsm
Legendary
Offline
Activity: 3052
Merit: 1273
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April 20, 2017, 05:34:14 PM |
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Hi Annie! I would like to say that don't believe anybody who would come up and ask you for some money to share their "bullshit" methods that even they don't try themselves. There is nothing in altcoins trading except price action, because this is not forex where you get the news to try out your luck on a buy/sell trade, this is purely based on speculation and the mood of whales depending on which they move any coins from ground to sky.
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boyptc
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April 21, 2017, 01:47:25 AM |
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Trading can be done with steps and instructions to be prepared and it will be perfect once you complete you task. Not only choosing altcoin to buy but to know what coin has a potential to grow faster to make weekly profits. Learn more about the market mechanics to avoid lose coins when you sell.
Choosing the coin needs to be done properly. You should be meticulously choosing the right coin to trade and for your start. And it's always going to be a good thing that you are just going to start with small amount so whenever things comes worst, you are fine with the losses and you can just start it again. And in trading Bitcoin/altcoin, don't believe anyone that gives you any info that is not clear, for example, gives you signals for trading before you actually already studying and find out for yourself that info is valid. There might be people that aren't giving a reliable signal but still there are people that has a very accurate tips though sometimes they may fail. But not all the time they will give a wrong one, it's up to you and it's your duty to avoid those type of traders that are going to give you false information so that you can avoid losses too.
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JL421
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April 22, 2017, 06:33:07 AM |
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First if all congrats for getting such a high profit. In order to start trading you first need to find a really trusted exchange and of course funds. Second you nees to check the prices of altcoins which are trusted and observe their charts. When you see the price of them is increasing more than usually buy with half of your funds and when the price still grows go all in. When you think the price is super high and this much profit is sufficient for you sell all the coins.
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cardoyasilad
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April 22, 2017, 07:13:15 AM |
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You can start altcoin trading easily find a very trusted exchange platform and you can also read some tips and strategies on how you choose a right altcoin
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Sr. Member / Hero Member / Legendary:
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sunsilk
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April 22, 2017, 12:02:28 PM |
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You can start altcoin trading easily find a very trusted exchange platform and you can also read some tips and strategies on how you choose a right altcoin
There are a lot of trusted platform in the crypto world just like poloniex and bittrex. It just depends on how you want to trade. But it's better if you will start with a very small amount just like what others are saying. When I was starting in trading, my friend told me that I don't need to hesitate. Also a friendly tip that don't be too greedy.
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ekoice
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April 22, 2017, 12:27:16 PM Last edit: April 22, 2017, 12:48:32 PM by ekoice |
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Trading is an unpredictable job that too in altcoin where the market is very volatile.You have to find an altcoin which is most under valued and your success lies in it.Better avoid newly released altcoins as most of them are just scam coins.Invest in a coin which has large trade volume.Dont invest in altcoins when bitcoin rally is going because its the time when mostly all altcoins start bleeding.
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