Trading Tips for Beginners

[oceantiger]

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

As a beginner the following lines will be of great help to you.
1. study trading
2. develop trading plan or strategy and stick to it.
3. You must have a reasonable  asset (fund) in your trading account.
4. follow the trend  it is your freind.
5. Do not over trade or revenge trade
6. Use adequate lot size
7. Apply stop loss and take profit
8. get yourself a mentor.

[artisarr]

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

follow news and always buy low sell high, look at charts what time they usually offer what prices, you can trade any day by doing some good amount of research.

[alvinmtp]

I think learning the basic thing to trade is very necessary, because it will help you in analyzing or making decisions when you want to sell or buy, and as good as start with a small capital when you want to start trading, look for experience when you trade well observe how the market runs, and try to find the best time to enter as a buyer and out as a seller, if you are getting used to it, try to do with a large enough capital, and most importantly I think is to control the emotions while in the trade, do not be easily affected

[lixer]

Hello Friends...
I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

You should read enough books on trade to understand the essence of the trade. Read forums and trade recommendations. Try to make several transactions on the stock exchange. You will succeed!

Instead of reading a lot of books and articles, he should rather stick with the basic principles and honestly, no one can really learn trading by reading. This profession is more about practical and in real time, situations are different from what books tell us.

In order to gain experience, we are supposed to implement our knowledge in real life and learn from mistakes. Stay calm and think hundred times before making a move.

[chiko27]

I think when trading is keeping patience and not affected by the conversation of others. you should start with a small capital when you want to start trading to find experience when you trade.

[0RajA0]

You don't become a trader overnight. It takes time and patience. If it was that easy and quick every one would do it. I'd personally say that to become a successful trader where you can make a living, assuming you won't revenge trade and you can keep emotions under control (which is one of the hardest things) it takes a couple of years. I had a 4 year plan when started on my journey.

[Hughes_Ryan]

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

Always be calm before the volatility of the market. If the market is down, buy more. And if the market goes up, we will have to wait patiently for the right time to sell the coin

[Lodipetmalu]

For every newbie, the very first thing to do is to have a background study on your chosen investment so that you can put up a good stratregy on handling it.

[Sakash]

You need to have strategic plans for trading. Because there should be a good idea about the trade market. You can be your own due to trading, just as there is more profit by trading. There are many risks involved in trading. This is understood by trade is very risky. So let's plan to trade.

[alminium]

Yes trading is a risky step to make a profit but you have to take risks if you want big profits. Usually, you must first learn to trade and then start doing it. You can seek help from your dealing trade. And do research on various search engines and that is how you will become a good trader.

[grizmoblust]

Do not seperate local market or international market. Wherever you can invest and earn money, you should do. And certainly, knowledge and experience are 2 important things you must have before joining into this world

[ritikasimi]

Firstly learn about trading.. secondly do study on your coins then if you think this coin is good for buying then bug it at a cheaper rate & sale it higher rate..this is the basic rules...

[nelson4lov]

Trading isn't as difficult as noobs think It is. For anyone I introduce to the space to invest, I make sure to let them know that the only way to succeed in the crypto space via trading is to buy low and sell high. It also means do not fomo into the huge. I believe if anybody want to make it here, They just have to follow simple strategies. The major problem now is knowing the right time to buy or sell, Storey for another day.

[4abrec]

I do not think that someone else's trading strategy will be so important than its tactics, its game, its beginning. I think that try for starters is worth.

[SistaFista]

there are a lot of people losing money because they have no clue of how to trade, and that is the main reason of why they start losing a bunch of money at the beggining. I have always said that forex knowledge is a priority before trading.

[omorfi]

Especially for the beginners, i do not recomment trading for short-term. Please be patient and wait for the major development news for currencies that you have 

[Coleen]

Trading is an active style of participating in the financial markets that seeks to outperform traditional buy and holding investing, rather than trying to profit from long term uptrends in the market, trades look for short-term price moves to profit in both rising and falling markets.

[Clemcout]

Beginner's should always set day trading price targets before jumping in, if you're buying a long position decide in advance how much profit is acceptable as well as a stop loss level if the trade turns against you, then stick by your decisios, this limits your potential loss and keeps you from overly greed if price spikes to an untenable level.

Trading is the most profitable business in the world not only in cryptocurrency but in every business in the world. But it is important that trader should be expert otherwise he will lose all his money. Getting experience and skills are the basics for day trading. You should also have the patience and courage to bear the loss in trading. Giving time to study the market will make you perfect in short time.

[Riddikulo]

maybe my experience lost money for sure but from losing it we can learn to be up again because it could be motivation.

trading it see in coinmarketcap, news from fanspage tweeters, and always buy below the price of ICO.

All that you have enumerated, is very important. As for me, I never trade when the market is down - I take a break. I have found a very good and useful video on YouTube about a VERY important trading tip: https://www.youtube.com/watch?v=pnBHBmcgdpU

[anonymous2020]

You have to register some big exchangers, such as bittrex, poloniex, hitBTC, Binance and many more.
you should use small capital, to avoid big losses. Always learn from various media or community, so your trade expertise is increasing.

Yes thats right, also be active for and always watch for your steps so that it decrease lapses for your way in trading. Like others say do more trade for a small value at first and learn bow to make it preferable for ro used.
And be wise on choosing tokens to trade.