Trading Secrets?

[viking02]

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

We all know the buy low and sell high concept.  But are there traders who know a few things where regular ppl or even advanced users do not know?

And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?

For example in sportsbetting, there are very smart guys who have very smart angles etc.  Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it.  Sportsbooks will be aware of it and make adjustments to the line.

So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

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[DjTremor]

I'm like a newbie but I learnt too many things from my early msitakes. Let me list them all below:

*Pick the good exchanger platforms, never trade on trash exchanger platforms.
*Never join pump and dump groups. They're scammers.
*Always have a secure wallet whose private keys are with you only.

[Mysterious01]

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

We all know the buy low and sell high concept.  But are there traders who know a few things where regular ppl or even advanced users do not know?

And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?

For example in sportsbetting, there are very smart guys who have very smart angles etc.  Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it.  Sportsbooks will be aware of it and make adjustments to the line.

So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

I will watch this thread, I love to learn how the best traders become successful in this way. But in sports betting I think its a matter of little technique and also luck I guess.
I been doing it for not so long but I end up losing all my capital for less than a month. If someone can give us a few technique and a hint on how to do it correctly I think many of us will surely engage to it.

[GreatOrchid]

Everybody has his little secrets or strategys about trading.. but most of them require some skills and knowledge, if you are a newbie you will need to learn a lot from your own mistakes, trading is not easy.. once you are confident with your trading you will have your own strategies too.
It is simple as that, trading is only buy cheap and selling high, there is no science in there. so easy.

[mk4]

You just said it yourself. If experienced traders have a sort of "secret" technique, why would they reveal these secrets if people will know about it? 

You don't need "secret trading techniques" to profit from trading. You just need to follow some of the most common trading advice:
1. Never ever panic buy/panic sell.
2. Don't join pump & dump schemes.
3. It's almost always a bad idea to buy on all-time-highs.
4. Be patient.  "FUCK. NEO's price dropped by $2! SELL!!" no. just no.
5. Don't go all in on one cryptocurrency. Diversify.

Simple eh? Nope. These things are easier said than done. 

[darthmaul]

That is what we called as insider information. It is pretty simple fact that if I'm friends with founder of xyz coin and he knows the roadmap in predefined manner as compared to anyone then he can predict the coins fate as well. After all he is the one who can control circulation of it, price of it and much more.


If I'm having all that information then obviously I'm gonna do best in the trading. There is no other way which is so direct and trusted which can make these people successful in the trading.


However, there are few people who are actually smart in the trading world and they have keen knowledge about the patterns, decimals, maths, forecasting etc which help them win in the market.


No matter what but these kinda people will never share  because there share secretes. If they really do then the market will tear itself apart and everyone will get pennies in the pocket.

[Fappanu]

I've been in trading for a long time and learned a lot. And if there is a secret here it is the Diligence and of course knowledge. I've also had a lot of tests and one here is the loss of almost 80% Hard but need to be accepted and started again. And that's because of the wrong decisions and joining the scam groups. And that's what I learned. so I'm now paying for it and now it's financially free

[Pursuer]

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

and what makes you think they are going to reveal all those "secrets" to you here, just because you asked?
 

We all know the buy low and sell high concept.  But are there traders who know a few things where regular ppl or even advanced users do not know?

some things just don't fit in words. you can explain them easily. you have to experience them. start trading with a small amount and you will learn a lot more than I can tell you in a couple of lines.

im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

there aren't really any secrets! you are overthinking things. it is all normal stuff and then the added benefit of experience as I said above. and again experience is not something that someone can explain to you. you have to gain it yourself.

[TheQuin]

There is no secret to trading just a lot of people that will try and sell you one. Stay away from anything promising instant riches, guru courses and pretty indicators.
Trading is simply the business of people trying to make money off each other. Experience is the only valuable thing that will help you. Watch the order flow and learn to see when the big hands are aggressively buying or selling then jump on their coat tails. That really is all there is to it.

[Twinkledoe]

Will be following this thread to get some tips in crypto trading.

[ShadowBits]

Im curious but are there trading secrets that experienced traders or smart traders have where they dont disclose to the public?

We all know the buy low and sell high concept.  But are there traders who know a few things where regular ppl or even advanced users do not know?

And thus if they reveal these secrets, it would hurt their bottom line as other ppl would do the same?

For example in sportsbetting, there are very smart guys who have very smart angles etc.  Now obviously they would not reveal these secrets or plays because if they do, ppl will all know about it.  Sportsbooks will be aware of it and make adjustments to the line.

So im wondering if there are secrets in trading coins that very few ppl know about and where disclosing it out in public is not a good idea.

in my point of view its not a secret at all , but successful traders i guess first  has the amount of money to atleast gained a lot and 2nd they have the discipline to control themselves that some traders failed to do 3rd they are resourceful compare to other traders like searching for a good arbitrade for example

[mirakal]

IMO, there is no secret in trading because everything we want to know can be seen online except for information that is not needed to be publish.

By looking at the graph and analyzing it would not make you more successful in crypto trading because it does not work that way, we are not in a conventional trading as the price is volatile here and we re news driven. You will the tricks along the way as you continue your journey as the longer you stay here the more knowledge you will get if you really are serious with your venture. There are groups where you can join, they share good predictions and ideas regarding their trades, maybe if you will associate with them they can help you.

[TheQuin]

 we are not in a conventional trading as the price is volatile here and we re news driven.

That is exactly what conventional trading is. Periods of volatility come and go in all markets and news always fuels the next move. Yesterday in the US stock markets was fairly quiet except for the moment reports that Federal Reserve Vice Chair Fischer had resigned hit the wires and there was a short sell off. Cryptos are no different in that aspect, the only real difference is the absence of regulation.

[posi]

I don't think there's any secret behind making a sucess trade and what I understand is that to make a profitable ones need to know how to read the price movement.

[rtinedal]

Maybe the secret of trading is patient. Just wait if you must enter the crypto market. I'm doing my long term trading for no stress. In fact, it is very difficult to trade as you do not know the skills that are in trading as well, but they are just as easy to lose or lose their mistakes. PATIENT is only to success ur trading.

[BingoDog]

Everyone will tell you some basic rules of trading, like always to buy low and sell high, never to panic and to control your emotions but those real unique secrets that every good trader has will not be revealed. But you will learn the best on your own experiences and mistakes and figure out the strategy that suits you the best. Pick up some good information and advice and try it on your own.

[kiloiko]

Maybe the secret of trading is patient. Just wait if you must enter the crypto market. I'm doing my long term trading for no stress. In fact, it is very difficult to trade as you do not know the skills that are in trading as well, but they are just as easy to lose or lose their mistakes. PATIENT is only to success ur trading.

Trading requires a lot of patience, emotional stability, market intelligence and previous experiences of the trader. These all are some little secrets for those who are new to trading process. Sometimes luck can also be taken in account to have greater success ratios.

[Soots]

You just said it yourself. If experienced traders have a sort of "secret" technique, why would they reveal these secrets if people will know about it? 

You don't need "secret trading techniques" to profit from trading. You just need to follow some of the most common trading advice:
1. Never ever panic buy/panic sell.
2. Don't join pump & dump schemes.
3. It's almost always a bad idea to buy on all-time-highs.
4. Be patient.  "FUCK. NEO's price dropped by $2! SELL!!" no. just no.
5. Don't go all in on one cryptocurrency. Diversify.

Simple eh? Nope. These things are easier said than done. 

i agree to you this my strategy to if the market gone wrong i just make my self busy for others things and forget my rek portfolio hehe

[MissionPhailed]

Although I'm far from a succesfull trader, I've learned this from experience: set realistic goals. Better not buy some random cheap altcoin in the hope of squeezing out 100x ROI within weeks. It could happen but chances are very low and you'll probably get disappointed. Do some research and pick crypto with a solid ground.

Also, going entirely into altcoins is a bit risky in the sense that your crypto could diminish significantly relative to BTC in a short period of time. Own experience: value of my portfolio in USD increased with roughly 800% in the 1st half of this year, but value in BTC decreased with 20%. A nice profit but could have been larger if I had a significant percentage of BTC in that timespan.

[Baofeng]

Although I'm far from a succesfull trader, I've learned this from experience: set realistic goals. Better not buy some random cheap altcoin in the hope of squeezing out 100x ROI within weeks. It could happen but chances are very low and you'll probably get disappointed. Do some research and pick crypto with a solid ground.

Also, going entirely into altcoins is a bit risky in the sense that your crypto could diminish significantly relative to BTC in a short period of time. Own experience: value of my portfolio in USD increased with roughly 800% in the 1st half of this year, but value in BTC decreased with 20%. A nice profit but could have been larger if I had a significant percentage of BTC in that timespan.

Also, you need to set your entry and exit point. Otherwise, you will be trap forever and can't get out of a certain coins. Set your goal, like what should be my minimum entry and what should be my maximum to exit? If you can come up a plan that include this, then chances are, you can mitigate your risk, and not go here and cry to lose your investment in a certain coin and can't get out now because you are trapped. And what have others have said as well, try to check and research what coins you are going to invest to begin with.