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Author Topic: How to trade wisely  (Read 3254 times)
vergel24official
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April 20, 2018, 04:16:26 PM
 #41

Trading is all about personality, not so much about education. It's like going to war, bullets don't care what rank you're wearing. You can be a general but still get shot/bomb.
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Leah38
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April 20, 2018, 04:40:53 PM
 #42

Good day! I'm not an expert trader but I gain some on trading. I usually target 10%- 20% profit per trade. Then observe active trades. Go with it. I don't go off with alts on my balance. Its always bitcoin. If you're willing to go on big profits then you should try buying on the dip. Buy of course alts that are worth keeping. Then wait a few months for their value to rise at 100% profit. But you need capital there coz your money sleeps with your alts.
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April 20, 2018, 04:47:31 PM
 #43

Buy when the markets are red. Check the coin foundation - Team, Marketcap, Volume. Sell when green at least 3% profit will be good for selling. Repeat the pattern and don't be too greedy.  Constantly reap good money.

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April 20, 2018, 07:27:16 PM
 #44

For the beginning start monotoring the project that you are interested in. Look for whitepaper ,roadmaps etc. Price charts on CMC are also useful or on the exchanges that they are listed. Happy trade!
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April 20, 2018, 09:26:45 PM
 #45

First, you must know the basics of investing, you should have fundamentals first, at this time of age, you can easily look it up in the internet and it will be easy to understand, especially if you are in front of you screen, the next thing is technical analysis, this one is much more harder than the previous one since you will be reading charts, once you already understand the two, do investing for real with you knowledge, then after a few months you will gain expereince and as you go further, your skills as an investor will be developed, then you will nedd to adapt to the movement of the market, you sill need a good attitude when it comes to to this one, since there are times when there will be hype and FUDs, it is better to keep your cool and make sure that you are focused on your goal.
Seram1
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April 20, 2018, 09:52:40 PM
 #46

i didnt know how to trade wisely im a beginner, can anyone help me
everyone has a different strategy in trading, you will never become a reliable trader if you just ask for advice from people only. if you want to be a good trader you need to jump in and understand yourself about trading and market conditions because with experience you will more quickly understand how to trade properly and properly. but I suggest you do with a small capital in order not to suffer a major loss.
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April 20, 2018, 10:05:50 PM
 #47

For the beginning start monotoring the project that you are interested in. Look for whitepaper ,roadmaps etc. Price charts on CMC are also useful or on the exchanges that they are listed. Happy trade!

You must understand first the concept because trading is really risky and always be ready for the possible loses because even professional traders are losing money easily. Beginners should trade with small amount, learn from it and make a good investment later on.
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April 21, 2018, 02:24:37 AM
 #48

to trade wisely you dont need to become a professional or what.it is just only a common sense it comes to trading.o
just buy it in a low cost and sell it when it going pump..and also you need to be greedy.
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April 21, 2018, 03:25:49 AM
 #49

You can either invest in a good project for long term and gain some big money. Or u can daytrade for some small daily profits. Both have its own risk. While going for long term investments choose solid projects. For daytrading don't forget to take out profits, don't be greedy.
By this way you can win most of the times
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April 21, 2018, 05:24:39 AM
 #50

most of all don't be greedy in taking advantage. trade fair only in the hope of getting lucky enough if only the greedy and put forward just lust then I think there will be no trade with both.
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April 21, 2018, 03:34:24 PM
 #51

Trading is not easy for many. It takes a lot of risk for traders. It involves a high probability of losses and financial risk. For a beginner, it is advisable that you should try to get depth knowledge of the stock market field. You should understand various tactics involved and the risks involved with various types of trading styles.
In order to gain profits and to be a winner, the key is to anticipate the price movements of the commodity.
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April 21, 2018, 04:01:43 PM
 #52

This is a whole science. People have been studying this for many years. And even experienced traders do not have a 100% result. It seems to me that a trader should possess not only extensive knowledge, experience, but also an innate intuition.
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April 21, 2018, 05:30:03 PM
 #53

Buy when the markets are red. Check the coin foundation - Team, Marketcap, Volume. Sell when green at least 3% profit will be good for selling. Repeat the pattern and don't be too greedy.  Constantly reap good money.

Er, no, not the best advice. Markets were red for weeks in January. I waited even longer to buy lower floors in February and most of them are STILL waiting to break even. Can't imagine what happened in January to all those traders who though 20% or even 30% dips were great entries. Many alts broke 70% losses and even 90%. Even one particular coin I bought (Elastic) during a dip last year has continued to drop to depths I could never expect. Great project, great coin, but there we go.

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jimely0907 (OP)
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April 27, 2018, 01:08:00 PM
 #54

i didnt know how to trade wisely im a beginner, can anyone help me

it possible to expert in trader ??
Marcel555
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April 27, 2018, 01:48:33 PM
 #55

Efficient trading is a skill gained over a while.
You have to have knowledge of the market, reading charts and indicators.
If possible get a mentor.
Buy low and sell high.
Veviene0417
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April 27, 2018, 02:00:19 PM
 #56

Patience and self decipline are the key to success of a professional trader. Inorder to be a knowledgeable trader you must have to do some research to know more about the strategic ways of trading. Buy low and sell high is the most important thing to remember in trading.
ArkiCrypto
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April 27, 2018, 02:19:30 PM
 #57

There's a lot of things you need to learn first in order to start trading such as:

• The risk you're about to face
• What coins in where you're going to buy
• Different Strategies
• Signals
• Plans about every situation may happen
• Capital
• etc.

You can't learn all of it in just one day i suggest to study trading first like introduction, how to earn, what exchange your going to use, Risk your about to face etc. After that you can start by studying coins you want to trade as well as the strategy your going to make like (Day trade or Long term) What are your % profit goal.

I suggest to experience it first before start the atual trading there's a lot of trading simulators in order for you to experience  trading, here are some:
https://coinmarketgame.com/
https://coins2learn.com/
https://altcoinfantasy.com/

*I didn't check it all just found it in the internet, you can also look for yourselves, Just search it.

But if you really want to experience real trading i suggest first to invest only a small amount and try it just to be familiarized and when you think you're good enough to survive then do the trading. Trading is a risky platform you may ended up losing all your money so invest only what you can afford to lose.
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April 27, 2018, 05:29:26 PM
 #58

The most important rule of the trader is to act with a cold head. To learn how to trade with the mind you will take years. This is a very difficult task. You need to be able to understand the market, analyze.

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April 27, 2018, 05:56:21 PM
 #59

So, if you are a beginner, I advise you to start with demo trasing. Don't put your real money in crypto trading as it is highly volatile and unregulated and can easily get you rekt. First you need to understand your risk appetite. How much risk you're willing to take. According to that you can decide upon long term, short term, day trading or a combination of them. With this you can also decide whether you want to go with larget mcap coins which are more stable one or medium or small mcap coins.
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April 27, 2018, 06:01:48 PM
 #60

In general , when you have a great knowledge and a multiple experiences ( Especially , failed attempts) in trading then you can trade wisely, if you are beginner in this field, then before everything you must learn how to control yourself ( emotion) because there will be many unexpected surprises and situations in the market  ( like, big drop, and pump ) , and after that, you should learn and understand this field, maybe you need books and they will help you a lot such as, Cryptocurrency the trading Bible, Bitcoin trading and investing.., and must read the analysis.
In fact, I advise you to help yourself by yourself and, trust me, if you have any problem, then do not ask for help from others because they are not in your place.
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