how to trade efficiently?

[criz2fer]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

efficient trading is that we not only buy 1 coin, but we buy various kinds of coin when the price is still cheap which means we can save or investment in altcoin in order to get a lot of profit.

Also try to practice trading to gain experience more in the market and not just depending on other forecast because in the end, it will be a blame game if your investment become zero. 😁

[jerry0]

Thoughts on having a goal set for each coin you buy?  Such as 25 percent and then sell?

[Adrin]

It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.

[Conquerogue32]

Never base your decisions on mere feeling or instinct and most of all, luck. Always record your past trades so that you can keep track of the wrong ones and good ones.

[JTEN18]

It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.

If nothing will happens and no one becomes successful with the trading do you think that trading in crypto will still exist? Of course not, a lot of traders has become successful but there are lot also who lost a lot of money. Strategies will really follow when you do have an experience already, but you can refer to those experts strategies.

[criz2fer]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

In my opinion, in order to be an efficient trader is to be more aware what's happening in the market. Making a decision is not an easy thing to do because no one can afford to lose money but the good news, that’s what makes someone a good trader because from every mistake you made in buy/sell, the wiser you become in the future. Learning how the market works is one of the best things in order to be informed and to be good in making a decision.

Correct, what better things to do is. Study the market well, how the coins move and the trading goes. To be a successful trader, one must feel failing and mistakes first.

Falling maybe at its first but look at the most brightest side of the crypto currency because it can teach you to earn more that you expect to earn from a standard investment.

[abded1]

for reality ; i don't know your level and your experiences
But i give some information generally
1- your basic weapon here is your knowledge :
+ the basics concepts of blockchain ( that serve you to know if it is good project )
+ you should know the type of coin that you wanna trade on it ( pump coin ; holding coin ; scalping coin )
+ determination of the platform that you gonna use and the volume :  
      - platform especially for classical coin
      - platform known by pump operations
      - platform known by tokens and erc20
      - platform especially for scalping or holding
+ you should know the orientation of markets and capitals and whales
2- your seconde weapon :
+ technical analysis
+ digital analysis
+ Psychoanalysis
+ fundamental analysis ( if there is a strong news ; They take precedence )
+ analysing coin and market cycle
3- finally you should fixing your goals and strategy :
+ did you wanna collect the biggest amount that you can of bitcoin
+ or collect your profit by usd

[lemondnade]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

First of all you need understand how risky trading is, because if you do not understand it most likely you will get emotional and be illogical when trading. If you think you can control your emotions when trading then study technical analysis there are thousands of tutorial videos in the internet,  You do not need to learn chart reading specifically in crypto currency chart for stock market and forex are okay because all of them has the same concept. Practice by creating a demo account, do not rush creating a live account. If your trade are  winning in Demo account it does not guarantee that it will be the same in the live account but at least you have some experience in trading.
Diversify but do not over diversify i personally have three to five coins for trading but I am holding a few more on my long term. Also do not listen to some random person in the internet all of has their own motive, you will notice this in social media like facebook and telegram ignore them do your own research.

Actually of all you must keep stabilate in your emotion, because if you do not control your self emotion and your logical was want to profitable and optimistic
you think you can control your mind but if someone has mindset profitable and optimistic , your asset will be lost , and out of control your self
I think you must professional one of trading strategy and stay calm , keep your coffe behind you , drink it if you worried about your trade

[Hassan02]

It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.

If nothing will happens and no one becomes successful with the trading do you think that trading in crypto will still exist? Of course not, a lot of traders has become successful but there are lot also who lost a lot of money. Strategies will really follow when you do have an experience already, but you can refer to those experts strategies.

taking some discipline while you are in trading this could be one of the best thing that anyone that who are in trading can do that ,there is no exact strategy that can provide because the strategy that you can do is based on what you have been experience here i trading so better to be in a good way of it.

[velive08]

It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.

If nothing will happens and no one becomes successful with the trading do you think that trading in crypto will still exist? Of course not, a lot of traders has become successful but there are lot also who lost a lot of money. Strategies will really follow when you do have an experience already, but you can refer to those experts strategies.

taking some discipline while you are in trading this could be one of the best thing that anyone that who are in trading can do that ,there is no exact strategy that can provide because the strategy that you can do is based on what you have been experience here i trading so better to be in a good way of it.

I think the technique and the trading ability are owned by myself, so I guess that's not a difficult thing if your ability is good and can control your trading time. I agree if the discipline can make trading more efficient.

[noictib]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

Yeah this is truth that everyone has own stretagy and they can't tell easily but here my suggestion for you to trade from basic knowledge that we should have , and I am also following the same thing.
As you know that to get profit from the coin , we need to buy and then sell after price become high .
But here a big factor that is totally unknown for those who are newbie , That factor is patience , if you have patience than you can hold your coin for long term ( whatever happen ) but if you have no patience then surely you will loss your money , that why you should have patience in your mind that once the coin will pump and give profit for you easily .

[iv4n]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

Yeah this is truth that everyone has own stretagy and they can't tell easily but here my suggestion for you to trade from basic knowledge that we should have , and I am also following the same thing.
As you know that to get profit from the coin , we need to buy and then sell after price become high .
But here a big factor that is totally unknown for those who are newbie , That factor is patience , if you have patience than you can hold your coin for long term ( whatever happen ) but if you have no patience then surely you will loss your money , that why you should have patience in your mind that once the coin will pump and give profit for you easily .

Patience is the skill that you can learn, ans the best way for that is practice. Trading needs to be practiced and only like that you can learn to trade. For better efficiency I believe that one needs to be active everyday, and to try as many things as possible. Don't trade just with one alt or just with bitcoin, split the money and invest in many things that you think that have potential. Some investments will bring more profit and like that you will cover loses on some other investments. That is trading, try to have as many as possible and wait for perfect time to sell, or to buy more.

[Geurangsang]

For me, the first think to do is learning. We must read the people strategy for success. The best is you have some one to teach you how to trade and analiyze coins. If you not have someone to teach you, You should be careful and look for a lot of experience with small trading. There is so important to know how to analyze the coin and see movement. When you have success for first time, trade will be so easy for you.

[LuffyD.Monkey]

It is hard to trade efficiently.
Trading should be optimized.

The best trading is always having cash to get in.
Each time falling.
Buy more.
Each time jumpimg, pump hard

I am rich

Trading needs skills and knowledge and without it I do not think that one could be a good and effective trade man, because trading is not easy. It is a tough job and the sign of a good trader is that he must keep an eye on the coming position of a particular thing and especially money.

Money trading is the most daring and risky job. Therefore if you need to start trading you must collect all the necessary information about trading.

[vincentbeth934]

I think it's been mentioned a lot of times here and I totally agree that emotion gets in the way of sound decision making. We should trade with a solid and efficient system instead of trading with 'hope' and 'luck' as basis.

[richminded]

Thoughts on having a goal set for each coin you buy?  Such as 25 percent and then sell?

Setting your goal when you trade is really a good thing, this is how traders can be more efficient. And mostly trade with strategy and don't just believe on any hype, make your own study and money will surely come.

[Oilacris]

It is hard to trade efficiently.
Trading should be optimized.

The best trading is always having cash to get in.
Each time falling.
Buy more.
Each time jumpimg, pump hard

I am rich

Trading needs skills and knowledge and without it I do not think that one could be a good and effective trade man, because trading is not easy. It is a tough job and the sign of a good trader is that he must keep an eye on the coming position of a particular thing and especially money.

Money trading is the most daring and risky job. Therefore if you need to start trading you must collect all the necessary information about trading.

Trading is really risky if we do just jump in without any knowledge or skills. If you are really serious on learning up trading then better to ready your self on experiencing lots of mistakes when we are still a newbie but we should really take those mistakes as stepping stones because gradually we would able to learn on those mistakes and develop our selves gradually to be a better trader soon.

[worle1bm]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

This is the thing that have been asked a lot of time on this forum so learn from that.But according to me market analysis,patience and skill played a vital role in your trading strategy so learn from your past mistakes and gain experience that can help you nothing else can help you not any advice because you have to work on your own.This business is very risky so first of all learn about the coins in which you want to invest and then trade in it.

[DjTremor]

It is hard to trade efficiently.
Trading should be optimized.

The best trading is always having cash to get in.
Each time falling.
Buy more.
Each time jumpimg, pump hard

I am rich

Trading needs skills and knowledge and without it I do not think that one could be a good and effective trade man, because trading is not easy. It is a tough job and the sign of a good trader is that he must keep an eye on the coming position of a particular thing and especially money.

Money trading is the most daring and risky job. Therefore if you need to start trading you must collect all the necessary information about trading.

Trading is really risky if we do just jump in without any knowledge or skills. If you are really serious on learning up trading then better to ready your self on experiencing lots of mistakes when we are still a newbie but we should really take those mistakes as stepping stones because gradually we would able to learn on those mistakes and develop our selves gradually to be a better trader soon.

I generally take the risk bravely and I act very responsible while trading. The rest is a matter of time spending to open right positions on exchange platforms especially in margin trade.

[GoodLuck2]

Put your trading with some attention, as below:
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw

It is not at all possible for every one of us to do trade and that too efficiently. It is quite a technical thing and it requires lot of time and efforts to become a successful trader. If you are interested in trading, then the first thing which you need to learn is all the basic and fundamentals of trading which all the traders need to know before even getting into trading. Keep on learning new things to have better experience.