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Author Topic: Practice trading  (Read 9473 times)
streazight
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August 21, 2017, 05:25:27 PM
 #121

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

You can read first about how trading works and be familiarize with the terms. You can find a mentor who is an experienced trader and can help you a lot in your way of being a profitable trader. You can get tips and advises from him and eventually you can develop your own trading style and strategy. Trading is not only about buying low and selling high but it involves a lot of emotions as well. Managing your emotions is very important in trading and it goes in par with being familiarize in technical and fundamental analysis.
Trading is indeed a proper business that requires a lot of skills and knowledge. To be a successful trader, one needs to first study hard about the coins you are interested in and other potential coins available in the market.
You are not always lucky enough to be guided by a veteran. So it is better to work hard yourself quietly and let the success shout loud.
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September 18, 2017, 02:19:30 PM
 #122

If you are trading for beginners you have to read first the turorial, read to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.
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September 18, 2017, 02:32:45 PM
 #123

If you don't have experience with crypto trading, try practise account, almost every CFD broker offers it for free. Do you want to trade short time frames or long time frames? And don't forget to always check the news
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September 18, 2017, 02:33:26 PM
 #124

There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

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September 18, 2017, 02:41:01 PM
 #125

There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.

R


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September 18, 2017, 03:49:45 PM
 #126

There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.
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September 24, 2017, 08:48:44 PM
 #127

There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.

The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
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September 24, 2017, 09:01:52 PM
 #128

There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.

The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
Practice the knowledge you learned slowly, you do not need hurry, nobody can rob your profit and the opportunities of Bitcoin never till its value pump to the moon. In this year, you still have much times to learning and improve your trading skills.
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September 25, 2017, 03:05:19 AM
 #129

There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.

The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
Practice the knowledge you learned slowly, you do not need hurry, nobody can rob your profit and the opportunities of Bitcoin never till its value pump to the moon. In this year, you still have much times to learning and improve your trading skills.
I agree, because once you hurry do you think you can learn in that way, no it makes only your learnings poor and make you lose and go back to basic it will only make a long time.

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September 25, 2017, 04:48:45 AM
 #130

hello, if you want to enter in trading world, here are some tips before you start.

1. choose a best trading site. i suggest bittrex.com, im also using that one.
2. take a lot of research on how to trade.
3. learn how does coins change in the market
4. invest small amount first so you could see how does trading works
5. ask for those people who has a lot of experience in trading.
6. and last but not the list try to exert some effort and hard works so you could be successful in trading.


hope this could help for you. Smiley Wink Smiley
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September 25, 2017, 07:28:48 AM
 #131

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Hello! I've only been to bitcoin for 5 months. I do not really have the experience as you go before. But in return, I work hard to find out about bitcoin. When I am involved in any matter I do not know very well look up and sure the information is true or not. And then decide.
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September 25, 2017, 09:30:53 AM
 #132

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

just read and study about trading many on google about trading. If you're lazy to research, do not try to trade it's just the money you try to gamble, luck. you read babypips.com I am not sure if the website is correct but the theme is trading.
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September 25, 2017, 09:41:27 AM
 #133

always monitor the movement of the trading market because the market can affect the value of a price. in addition we must be able to control the emotions by being patient to do the trading strategy itself.
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September 25, 2017, 11:21:57 AM
 #134

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Same with you i dont have yet any experiences about trading. So im in the process of learning about trading and trading strategies. So i am thankful that there is someone who taught me about it who are expert in this field.

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September 25, 2017, 01:44:38 PM
 #135

always monitor the movement of the trading market because the market can affect the value of a price. in addition we must be able to control the emotions by being patient to do the trading strategy itself.

Yes .In trading of bitcoin, you should not panic selling. Even you not get emotion, if the price of bitcoin getting low.Since it's digital currency, the price will be flucates. But you should follow the trading principal, to get rich.If the price reaches the low Value means, you need to brought.
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September 25, 2017, 02:24:37 PM
 #136

As the thread title describes, practice is a must with bitcoin trading. Do with what you can afford, this will little by little help gain experience and know varied techniques in trading. Also slowly can increase the capital investment, which will help gain more profit. At present there are exchanges that are providing demo's to know about trading. We need to explore and find different sources to learn, but the best is self experimenting with small amounts.

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September 25, 2017, 03:28:07 PM
 #137

Your problems are very simple, if you just find time to read about trading or do research on them like google them then by now you'd have enough knowledge about it. But if you don't have time to read about trading and all then I would suggest for you to just stick to what you do best. Trading is very risky but its easy to understand if your mind is set to learn, the rest will just follow through.
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September 26, 2017, 01:23:23 AM
 #138

First create an exchange account such as bittrex or liqui, then learn price action by understanding technical analysis. For beginners trading better use daily charts, specify prices in the over sold or low price and the area where the price is overbought. Buy at oversold prices and wait a few days, the most important in trading is dont be greedy. And for beginner traders better choose coin that already has a large volume and market cap or rank 10 coinmarketcap so that when prices fall from the purchase price there will be the possibility of the price rises again.

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September 26, 2017, 02:06:33 AM
 #139

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

In trading you open a site like coinmarketcap.com for your coin referrence. Then select the coins you want to trade, i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.


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September 26, 2017, 02:21:22 AM
 #140

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

In trading you open a site like coinmarketcap.com for your coin referrence. Then select the coins you want to trade, i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.
When you are a newbie and wanted to enter in trading it is always need to do some research and eagerness to learn so you can earn money. It is not easy at first but later on you can learn and follow some tehniques and adopts the rule in trading. Yes start investing in a small capital then if you already learn somehow you can analyze the market.
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