My first day of trading

[richkellj]

I feel being the unlucky one, good for you and goodluck for more tradings to come. I will also try to learn from your experience and spend my dollars/money in a more professional way than running and stopping when a bad luck has done.

Unless you are trading without any knowledge trading is not about luck, in fact I think that any trader that thinks highly of his skill as a trader will probably be offended if you told them they were lucky since the results of a successful trader cannot be reached with luck alone.

Yes, trading is more of a skill than luck. Have you heard of "professional trader'?, yes its a profession so it mean there is a learning curve involved. We would understand if you have lost as newbie, but you should learn from your mistake and never do the same mistake again.

Yup, a highly skill trader would be offended with such statement, it takes them years to 'perfect' this professional and branding them lucky is wrong.

Right now I’m trying to learn how to trade, I’m not using any money since I’m just writing things on paper and the results are not very good, so I will try to keep learning and practicing but I will only enter the market if my results are positive for quite some time in my imaginary trades.

That is the best thing as a newcomer to trading. You are making a better way to walk in. getting knowledge for anything that you are going to start is always been a fantastic way to work and succeed. So you are doing this, I hope you will get the fruitful results as per work. Don’t trade until you got a better grip over this game. Very good luck to you!

[rtinedal]

A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

Good job i remember in first day of trading i invested a small amount of bitcoin in hempcoin in ccex exchanger but evryday is going to down price until the price is 1sat and after that he delist in ccex i wanna cry but i invested again in other shitcoin again then i found a huge profit in tcoin and xtrabytes.. Dont give up make a plan better to recover ur losses

Sia is not a trusted coin. You have already told the reasons not to use it. It does not raise after it falls. One must use some good coins to use and the best of them is bitcoin. But it is something that is on a really high level before stepping into bitcoin world first trade, practice, study and observe the behavior of market by trading in altcoin because altcoin is a step lower than bitcoin. When you become properly aware of all this then move to the bitcoin.

If siacoin is really trustworthy. Not to break the price of siacoin and its just because it is not trustworthy for me siacoin is a good altcoin according to my research. Siacoin is used in cloud storage. It's normal just a price drop by siacoin and higher.

[Crosshair]

Oh you very luck. my first trading was unlucky, I had lost 20% of capital. Have you the experience? Could you please teach me? Thank you.

[The_Dark_Knight]

I feel being the unlucky one, good for you and goodluck for more tradings to come. I will also try to learn from your experience and spend my dollars/money in a more professional way than running and stopping when a bad luck has done.

Unless you are trading without any knowledge trading is not about luck, in fact I think that any trader that thinks highly of his skill as a trader will probably be offended if you told them they were lucky since the results of a successful trader cannot be reached with luck alone.

Yes, trading is more of a skill than luck. Have you heard of "professional trader'?, yes its a profession so it mean there is a learning curve involved. We would understand if you have lost as newbie, but you should learn from your mistake and never do the same mistake again.

Yup, a highly skill trader would be offended with such statement, it takes them years to 'perfect' this professional and branding them lucky is wrong.

Right now I’m trying to learn how to trade, I’m not using any money since I’m just writing things on paper and the results are not very good, so I will try to keep learning and practicing but I will only enter the market if my results are positive for quite some time in my imaginary trades.

That is the best thing as a newcomer to trading. You are making a better way to walk in. getting knowledge for anything that you are going to start is always been a fantastic way to work and succeed. So you are doing this, I hope you will get the fruitful results as per work. Don’t trade until you got a better grip over this game. Very good luck to you!

Thanks for your encouragement, trading seems to be very easy to do just buy and wait until the price is higher but the truth is that is almost like a science so it is not easy to determine when it is the right moment to enter the market and when is the moment to get out of it.

[pairinpay]

Good job for your trading 
My first trading very be carefully becuse i am still learning trading.

[viewly]

Risk management is your edge with trading. While others are playing the emotional game, to stay on top you have to use RM and size your positions appropriately. Its actually that simple.

Once you get hooked watch some technical analysis videos on how to follow long term trends for intraday trading.

[CraigWrightBTC]

Good job for your trading 
My first trading very be carefully becuse i am still learning trading.

We are the same I'm very careful too in my trading because I'm also a newbie in trading. Its hard for me to trade because i lost some of my bitcoin for a mistake move Instead of making money i lose some.

Even the professional of traders they must becareful when open positions for buy or sell on the exchangers, it is not about newbies or professional but it is about strategy of trading include, management of money, management of risk, management of mindset in trading activity until we can get constant profit from trading activity.

[erick94]

Good job for your trading 
My first trading very be carefully becuse i am still learning trading.

We are the same I'm very careful too in my trading because I'm also a newbie in trading. Its hard for me to trade because i lost some of my bitcoin for a mistake move Instead of making money i lose some.

Even the professional of traders they must becareful when open positions for buy or sell on the exchangers, it is not about newbies or professional but it is about strategy of trading include, management of money, management of risk, management of mindset in trading activity until we can get constant profit from trading activity.

I really agree with you, which is not about a person's experience and professional. but it is more about how to avoid losses in trading. which is always done by beginners or professionals even though the first time trading is always always be careful and set the strategy well.

[The_Dark_Knight]

Oh you very luck. my first trading was unlucky, I had lost 20% of capital. Have you the experience? Could you please teach me? Thank you.

One of the most basic trading rules is to not use your whole bankroll for a trade you need to use something between 5% to 15% of your bankroll that way even if your trade fails you are not going to lose an amount of money as big as you did, have you read a book about trading?

[GrayFullbuster]

A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

My first trading became really successful. I earn $500 from my first trading. I can say that the trading is really profitable. I think we can become successful by performing trading.

[CAPT.DEADPOOL]

my first trading is successful but i  want to learn in graph to how the coin and what coin to become high so if i buy a coin i need to satisfy first before i buy

[diskodasa]

A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

My first trading became really successful. I earn $500 from my first trading. I can say that the trading is really profitable. I think we can become successful by performing trading.

how many u invest for first time?

[BUK2016]

My first day of trading crypto currency was easy but then I still make up to 9% profit of my capital.  Although there some losses in between but at the end of the day all went in my favour.

[Rostchild]

Cool
Happy trding.

I sarted my first day trading long long time ago.
It is nice to have new one on board,
learn form this forum, there is lots of information here

[enwi]

My first trading did not go well, I have not had any experience about trading and I'm losing a lot and I still have to learn a lot about trading and start collecting coins again to try trading again

[fullypak]

A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

My first trading became really successful. I earn $500 from my first trading. I can say that the trading is really profitable. I think we can become successful by performing trading.

how many u invest for first time?

I think if he did Bitcoin trading then the investment will be high because only this coin can give this much profit in a single shot. and suppose if he invested in any altcoins then i don't know i can't predict because here the low investment can give big profit. Some coins we will buy when it is in 0.00 digital that time if it crosses $1 we will get big profit. So this question he only clarify.

[Smith13c]

Can profit from the first trade, but not long, discipline and greed too big mistake of them. trade for today and start again the next day,
 You can grow a little bit of trading volume to profit you rather than the first few days of learning.

[intrader]

You done a good job at first day wonder how you do with sc at moment sc suffer big dip its lucky if you sold out early

[AngelSky]

Oh you very luck. my first trading was unlucky, I had lost 20% of capital. Have you the experience? Could you please teach me? Thank you.

One of the most basic trading rules is to not use your whole bankroll for a trade you need to use something between 5% to 15% of your bankroll that way even if your trade fails you are not going to lose an amount of money as big as you did, have you read a book about trading?

Yes.If you want to do trading means,investment in trading should be less than the value of 5-20%.If you have a Guts means you can inverse Upto the value of 50% of bankroll.If you face the loss means ,it will not affect your life entirely. With that remaining 50% ,you can get out from the loss .

[Toden1379]

Oh you very luck. my first trading was unlucky, I had lost 20% of capital. Have you the experience? Could you please teach me? Thank you.

One of the most basic trading rules is to not use your whole bankroll for a trade you need to use something between 5% to 15% of your bankroll that way even if your trade fails you are not going to lose an amount of money as big as you did, have you read a book about trading?

Yeah I got the same experience when I started trading a month ago. I bought a fairly new altcoin a couple of days after it went in the exchange. I did my research and everything and saw potential in it. So I eagerly bought when when it was low, not speculating that it will go lower and down it did go. Still holding on to it up to today. A constant reminder of my beginner's mistake. Good thing I read about diversifying your investment and only used a part of it. Good luck on you future trades!