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Author Topic: If you want to be successful in trading..  (Read 1640 times)
ufaiz50
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October 16, 2018, 03:41:26 AM
 #241

I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
Yes indeed what you suggest is correct, where we have to choose what coins really bring us to profit, but what traders need is how we can know or at least what the characteristics of snipers in cryptocurrency. And for traders who have daily or weekly targets, what I've experienced is that we have to shoot many places that have chance the slightest chance.

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October 16, 2018, 05:21:02 AM
 #242

I completely agree with your statement.
If you want to be a successful trader , then you need to be quite vigilant about the cryptos. You should have appropriate knowledge about crypto market , ICOs , trading. Secondly you should have enough experience in cryptos. Because it takes time to reach at that level where you can understand about the market, predictions etc.
A successful trader must have these traits
- disciplined and patient
- must have proactive approach
- follow his/her own trading plan
- make own decisions and
- always learn about the losses.
cunguks
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October 16, 2018, 05:37:33 AM
 #243

It is the safest way, but trading like that won't make us satisfied. There are some people who try to make profits every day from trading. But I rarely see people who refrain from trading and just wait for specific times that they can make sure to make a profit. And usually, they are beginner traders. It might be greedy to get a slight difference with the path to loss by doing trading every single day. I can't make sure whether this correct or wrong, but as long as we earn profit, then okay.

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October 16, 2018, 06:04:56 AM
 #244

It's not so easy moving in and out of trades but I am trying to find some arbitrage opportunities if I can. I am going to look into arbitrage more and more and if I can execute a few trades like this in some decent exchanges and make 1-2% safely trading arbs then I might go down this route. Let's see if I can do this. I am going to set myself daily targets and if I can do them successfully then I will do this method, if not I will try see the sniper method you recommended.


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October 16, 2018, 07:17:06 AM
 #245

If you want to be successful in trading then prepare yourself sacrificing a lot of time in trading. I tried to focus  on trading last year and it was really stressful for me because I've seen a lot of people already making money but I still don't But then after those frustrations and painful losses, bull run happened and I made the money and I have never made before.
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October 16, 2018, 07:27:21 AM
 #246

Always learning and following tips from seniors is important for success, many people say that now it's too late to profit because the market is difficult to recover, but I think now is the right time to buy because prices are cheap.
Always learning is a good thing but always follow the tips and signals from other people even though it's a senior it's not a good thing mate. we don't know what goals they want. and maybe they just give tips for their interests? so use and make your own strategy. thats what functions why you always learn right ?
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October 16, 2018, 07:33:57 AM
 #247

If you want to be successful in trading then prepare yourself sacrificing a lot of time in trading. I tried to focus  on trading last year and it was really stressful for me because I've seen a lot of people already making money but I still don't But then after those frustrations and painful losses, bull run happened and I made the money and I have never made before.
of course the experience will be a good foundation. and experience takes time to get it. i think just enjoy the stages you are going through, so that later you will get what you want

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October 16, 2018, 02:02:37 PM
 #248

Things which you have mentioned are purely true. But honestly speaking its quite tanged to understand eveything about cryptos in short period of time. To understand every momentom , all indicators , price trends and most importantly appropriate knoedge about all ICOs is steruous task. After that experience is must if you want to be a successful trader. If you are able to fulfill above mentioned requirements then you will be a cyptos trader.
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October 16, 2018, 02:38:25 PM
 #249

Finding that killer entry point in every trade is an ace for every trader. It is one the best key for a successful trade and I ask every body to always strive to identify that entry point and make use of it for your massive profit. I also agree that trading should not be every day.There are some days the market will be so bad and very hostile the best thing to do is to study the market that day and look for clue for better entry tomorrow. Trading blindly will cost your capital. Be wise and learn how to trade before you go live.
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October 16, 2018, 05:24:53 PM
 #250

You need to use indicator variables that you feel are comfortable, you also need to join the signal to vary the analysis, then you can perfect it with personal analysis.

sometimes a lot of momentum is missed and we don't know. This is where tools are needed, don't forget to communicate with traders who you think are more senior to help with any analysis. Don't get stuck with fake orders, make sure you check the development of coins as the best comparison.

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October 16, 2018, 05:54:13 PM
 #251

Unfortunately i do not agree with you.I Personally believe in making gradually profit.It could be little profit but need to be very consistent.Another factor is risk reward ratio if you try to make high profit your risk will also be very high.

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October 16, 2018, 07:06:28 PM
 #252

or here's another tip, you should enter into each transaction as if it were on investor funds
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October 17, 2018, 03:28:08 AM
 #253

Unfortunately i do not agree with you.I Personally believe in making gradually profit.It could be little profit but need to be very consistent.Another factor is risk reward ratio if you try to make high profit your risk will also be very high.

It is better to take a little profit than to wait for a long time because we can still make money in the short time. Besides that, we can also make a long time profit if we have a potential coin that can increase in the future. The risk is always on the trading, but we minimize the risk so we can still make a profit. No matter how big the risk, if we can get another way to prevent for that risk, we can always get the profit. It is not easy, and this is why that we need to keep practice and learning, so we have our chance to make a profit.

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October 17, 2018, 04:53:38 AM
 #254

If you want to be successful in trading you have to keep insight in the crypto market and the up and downs while less risky and more risky coins you must have to identify and the growing potential of those coins which is expected must be known to you then you can do a profitable trade.

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October 17, 2018, 06:36:59 AM
 #255

Always learning and following tips from seniors is important for success, many people say that now it's too late to profit because the market is difficult to recover, but I think now is the right time to buy because prices are cheap.

Of course, we have to follow some signals from the seniors but one thing i can assure there are many telegram groups providing signals for trading but people are not making much money on it. It is a very bad idea to follow those signals because we cannot able to learn much about trading. Even though we are loosing we should learn by ourselves until we get some experiences.
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October 17, 2018, 07:28:15 AM
 #256

It must not be that one has to be trading crypto currency everyday before you become a good trader. But from my own experience, what one need it master one particularly strategy that work for you this is because what work for me might not work for the other person.
To be a successful bitcoin trader, you have to learn a lot and start trading with confidence, failing is normal. Like other businesses, managing bitcoin trading must use monthly targets instead of daily, because today can lose, but tomorrow it is profitable. So as long as the monthly profit target is achieved, in my opinion it's a success
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October 17, 2018, 08:28:28 AM
 #257

I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
It you want to successful intrading you must learn the rules of traders . after you learn it then apply be wise when you trade .
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October 17, 2018, 11:05:35 AM
 #258

The only way to become successful is that dont easily be fooled and dont sell your coins in the dump. How can you become successful if you dont have enough resources to play with? Hang on what you have and explore trading practices youve experience and not experienced.
Market awareness is mandatory for traders. If you have no idea about the current and upcoming market situation, you will never be successful in trading. There are many other factors which are necessary for a good and successful trading, like experience, skills, techniques and tactics. A successful trader must have all these qualities.
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October 17, 2018, 12:51:27 PM
 #259

Every traders want to be succesful in trading but lot of them always lossing for their profit and lossing their funds.
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October 17, 2018, 01:53:09 PM
 #260

I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
To be successful in trading,you must digest and dissect all the options and opportunities you’ll see upon the researching you made,and all the analysts you made for that particular trading chances,this is very hard to do,but if you successfully do it then profit will be waiting for you in wallets lol

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