how to trade efficiently?

[coin_1122]

I do not understand how you define efficiently, i usually buy and hold for a while, if it goes up then i would sell some of it.

I think he is not taking about long term holding. He is taking about the people who are trading daily, but it is very difficult to manage day trading because value will change with in seconds. So it is very tough job for people who are doing day trading.

[Duogembrot]

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.

you can trade efficiently if you do not buy coin only 1 coin, buy another coin alternative for your assets to grow and grow rapidly, at least have 10 coin alternative is enough to enjoy its results when the price is on the rise.

[ele-van]

If you read the @marcPmarkets column the other day, forming bad habits now will eventually result in that feeling of OHH @#$% feeling. So we stick to our plan and our strategy and are picking up some coins we wanted to add, adding back to ones we shaved off, but of course, keeping some cash which limits our liabilities in the event this is a fake break. Patience and money management is key here!

[aencarnaci]

Day trading is risky to starters/new traders, which can make you loss all your investment and no capital at all. It is more better you go for a long term trading plan, buy some few coins (after a good time on research about those coin) when there is dip in there prices and wait for it.

The basic requirement of trading is time because you will have to spare time to your trade as trader first you will have to learn from others how they manage their business and get profit from the market as new trader will have to work hard as to keep in touch with the market every time and observe how and why the prices go up and come down so the successful trader invest when the prices are low and sell when the bitcoin value increase in the market.

[Japinat]

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.

you can trade efficiently if you do not buy coin only 1 coin, buy another coin alternative for your assets to grow and grow rapidly, at least have 10 coin alternative is enough to enjoy its results when the price is on the rise.

There are a lot of good and bad coins but you need to learn how to do money management because that will make you not trust on limited coins only which would give you bigger risk. Efficient does not mean you will be in profit all the time, in crypto it's like a roller coaster ride due to the price volatility but what you have to made sure is that you end up profitable.

[Usafstar]

I think trade is a very sensitive job for me it is very difficult and problematic but for the expert traders it is easy and they efficiently trade all currencies. In the crypto market there are large number of exchanges which are trading these coins from many years and still they are doing efficiently and effectively. for us if we want to trade efficiently then the market knowledge is necessary for us.

[nguli]

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 in my opinion is to invest or buy altcoin a lot with the price is still cheap, if only holding 1 coin like bitcoin alone will not be efficient because its income can not be much and maximum

[noormcs5]

I think it is impossible for us that we do trade with an efficiently way. All traders do mistakes and learn from mistake and next time they could earn profit. But actually efficiently way is how to earn profit from coins, then i buy coins which i have information that in the coming time its price will be grow then i take a risk and buy that coins and earn profit when its price up, otherwise all the time i use my money only in bitcoin.   

[lenovo16]

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.

For me the best thing that you can do , when you trade a coin is to monitor regularly the movements of this price. Because its a big factor that the you know when you are going to buy and when you should sell for you to have a better income. Aside from that you should also educate yourself and ask for some expert about the technique that you can adopt to be a better trader. There no wrong it trying to better, just make sure you do it right and not just because of greedy.

[darewaller]

1. Read books, watch videos and webinars, make friends with those who know how to trade. 2. Make your own system based on YOUR OWN experience. 3. Stick to that system and never factor in the advice of other people.

Each of us has our own style in trading. Most of the time, it won't make us efficient by copying other trader's style.. It makes us dependent.

Trading is an art and we really need to put in the best of our efforts to become a successful trader. The most effective way of trading is to learn as many things as you can. In addition to this, you need to learn chart analysis and keep yourself up-to-date. Seek guidance from the experts and try to start with the small amount of investment in the start and then increase the amount of investment.

[Xising]

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.

I think the most important strategy of all is to be patient and to know when to hold or trade. To know when to hold or trade, one must have a standard first. A standard that tells the range of value on whether it is tradeable or you just hold onto it. After that, one must not regret even if the price traded went higher. Just move forward.

[bavian]

Each person have their own efficiently trade strage for their own so it's better for you to find out your own. I know it's really hard but you could ask some experts and get many pieces from them to combine into a big one.

[Blackfurysm]

If you truly desire to trade for the long-term you need to be able to have a strategy or a a system that will protect you and keep you around for the long-term. That means proper money management, good risk-reward ratio, and so much more. Regardless of what instrument you're trading (I prefer ModulTrade) when it comes to the crypto market you need to keep an eye on the field if you want to be prepared for the movements that are coming.

Decide what type of time-frame works best for you to observe, for instance, some people trade on 15-min intra-times and others prefer 1hr, 4hr, 6hr, even daily. It's really up to YOU - do what works best for YOU and YOUR schedule. Again, if you truly aspire to be a successful trader you have to think long-term.

Certainly A LOT of money can be made very quickly, but you don't want to approach this as a 'get rich quick' because if you do, you're likely going to succumb to the greed and you'll lose it all just as quickly as you made it.

[RealPhotoshoper]

1. Read books, watch videos and webinars, make friends with those who know how to trade. 2. Make your own system based on YOUR OWN experience. 3. Stick to that system and never factor in the advice of other people.

Each of us has our own style in trading. Most of the time, it won't make us efficient by copying other trader's style.. It makes us dependent.

Trading is an art and we really need to put in the best of our efforts to become a successful trader. The most effective way of trading is to learn as many things as you can. In addition to this, you need to learn chart analysis and keep yourself up-to-date. Seek guidance from the experts and try to start with the small amount of investment in the start and then increase the amount of investment.

Learning things will never has an ends , so yeaaa you will have to looking for new experience.
The most importantly is to have a wise action such as take a little profit only but steady.
Rather than trying to take huge profit but not regularly , a consistency much more needed in trading , i have no doubt.

[kristensoto]

i dont think will anybody find out the best way to trade and if they does they wont easy to teach us, we just only learn and trade by ourself from that we can improve our skills and the efficiency .

[pugi2]

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.

Always trade with your strategy and not by emotion, many traders forget this thing because they easily sell on panic. My strategy is very simple buy low sell high and sometime if needed cut losses but of course I do my own homework which works for me well.

Yes.. various strategy from many trading just come from basic thing like buy low and sell high.
It does not important what your strategy is, but following and discipline with the strategy is more important.

[raven7886]

If you never did mistake it mean you never tried,Risk factor every where involved we can not finish it but we can minimize it by pre study and knowledge of trade and after practical experience no matter if you did g you will learn from it and in future will avoid past mistakes. Just keep going on never stop will reach the goal.

Make sure you learn from your mistakes because if not you will keep losing money and that is not good, it's better to quit when you cannot improve and look for other venture that would give you profit. Trading is risky for a reason, we need to set up a capital and we gamble it, therefore we have to be cautious with our decision and always ensure that we carefully analyze everything to minimize the mistakes.

Learning from your mistakes is good, however, if you keep making mistakes as a result of you not learning, then anyone in this shoe should know better and hit the books to learn all the strategies that would be needed to trade efficiently.

Trading can only be risky and make you lose a lot if you have no strategy to trade rightly, but with that strategy you can make a lot of money while doing it well.

[karnwillbit]

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 bro! As a newbie I need also tips in about trading on how to become more good in trading. We need the help of others for us to learn more about it.

The more diverse portfolio you have, more chances of staying in profit you have. Those people who don’t want to bear big losses apply this technique of investing maximum portion into bitcoin and some few dollars in other potential altcoins for urgent profits. Indeed, with altcoins you need to sell them off after the immediate rise in their values because their pumps for are for shorter time period than that of bitcoin.

[Onyx0]

I do not understand how you define efficiently, i usually buy and hold for a while, if it goes up then i would sell some of it.

For good trade you must have look after to your customer choice because you will give them those stuff which will good for them in price and quality for more extra and good profit you have to use some discount as well because now a day every one they going to buy those this where they have a good offer in discount there are also a lot of other ways which can attract the customers and speed of service is also one the factor for effective trade.

[Kevin77]

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.

Apparently, that is the only way to do anything efficiently. If you do not learn, you will forever be inefficient and no matter the experience from losses, there is no way one can still get the gist at the end on how to do it well. Not everyone can trade as some people do not have the patience to learn, but once you learn and you are able to practice what you learn, and then you can have the best of trading.