How to trade wisely

[Athanasios Motok]

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

My friend, you should spend more time learning and reading books. The books have a theory of trading on the stock exchange. The charts are similar to Forex, binaries and crypto. So read the theory and then apply in practice.

[DatchRoem]

Success in trading on the stock exchange is impossible without diligence in learning and the desire to learn new knowledge. Therefore, it is necessary to spend time and money on education and self-development. According to the statistics of successful traders one less than 5% of the total number of all  who tryed their strength in the exchange game.
(Emotions need to be kept under control. Greed and fear are emotions that interfere with work. Self-confidence and high expectations will not allow to become successful in the sphere of exchange trade. The trader must analyze the market situation before entering the trade and after exiting it.)

[Kristina3456]

Read , learn , try, analyze and try . Everything comes with experience-the main thing is the doctrine and patience and everything will be

[Malek3]

thanks for your advice

[happy weblancer]

Absolutely agree with what has been said! In addition, that emotions need to be controlled, one must be able to observe and analyze. Crypto market is a new and volatile market, here everything is learned by experience. Therefore, a beginner trader should start by allocating the amount of funds that he does not mind losing, and begins to experiment. And he will certainly get something: either he will earn, or lose!

[Clemente18]

I think practice has to be near the theory. Well when there is a friend who watches your steps. But if there is no specialist in the auction, then it is necessary to trade and to read about it much.

[Veviene0417]

Well... For me trading is not easy for many. It is a business which involves a high probability of losses and financial risk. For a beginner, it is advisable that you should try to get depth knowledge and understand various tactics involved and the risks involved with various types of trading styles. Inorder to gain profit and to be a winner, the key is to anticipate the price movements of the commodity.

[ljp7839008]

It was hard to trade a couple of years ago. Then the crypto market was unknown. Now there are many articles about the crypto market. There are also growth charts of the crypt of previous years. You only need to spend time studying the schedule and literature! There is no specific scheme how to trade wisely. Each coin needs its own approach!

[todayin]

the transaction is profitable . but it needs a lot of skill . and you need to take some risks . you'd better start with a small transaction . you need long-term practice .

[entrepmind23]

It was hard to trade a couple of years ago. Then the crypto market was unknown. Now there are many articles about the crypto market. There are also growth charts of the crypt of previous years. You only need to spend time studying the schedule and literature! There is no specific scheme how to trade wisely. Each coin needs its own approach!

I understand what you mean. There are coins wherein you cannot do TA because it has no volume sometimes or very little volume so it has a tendency to become a pump and dump coin and a Technical Analysis most likely is not applicable in this case. TA is only effective when there are many people who use it in a coin because the more people who has the same indicators and strategy in a certain coin then the support and resistance would likely be the same so you will know when to buy and to sell. In some coins, news is the one that you can depend upon to trade that coin.

Read , learn , try, analyze and try . Everything comes with experience-the main thing is the doctrine and patience and everything will be

That would be the key. Experience is the best teacher if you wanted to learn in depth trading and know your potentials. At first, you cannot control your emotions and the only way to control it and eventually be emotionless in trading is to experience it over and over again. You will have a rational mind then when trading and being consistent with your trading plan.

[ZeusTrade]

depends on which currency you intend to use which platform but a tip is always to see if your profit will be higher when withdrawing the fees because if the profit is counting the rates you lose money

[Irvanremok]

if you are a beginner then do not ever try to trade with big capital because trading in coin is very fast to go down and up. if you buy the coin at a high price and suddenly the coin is down the price then do not you get discouraged and do not panic. wait until the price is high and sell back. if you are still a beginner and want to trade then you should learn first with senior or you read more.

[portotoi]

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

In trading you need to choose best and potential coins. Look for its capabilities it this has the chance to grow more in the future. Never trade on cheap coins. Try trade with bitcoin and wait for the time it will rise. I am sure it will double your money or even will tripple it.

[Rocktop044]

Learn the rudiments.
When starting off as a trader, it us vital to learn the basics, regardless of the level of knowledge you are exposed to.
It helps to have a mentor (personal or not)
To guide you through.
With every new level you become better.

[Alkhalifi69]

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

the core of a trader that is buy cheap cheap selling.
but besides that you also need to read a lot of articles or books about a successful trader.
as a beginner you should often see the development of the market and know the movement of the coin, a little advice for you better you do not invest in one coin alone, you have to put your money on some coin, if one of your coin is down you still have chance to coin his other ride.

[Q2kc]

If you are a beginner in trading, do a lot of research watch youtube videos about trading, select a good coin to trade and also the most important thing is to select a good exchange platform to trade your assets, trading is not that difficult but it's risky just study it and try trading with small amount first.

[AlekseyCrypto]

It is impossible to describe the entire trading experience in a few sentences. I would recommend you to read a few books on trading and undergo training with practical tasks from a professional trader you trust.

[Luana Trade]

choose two or more crypto invest the same amount in them and hope to increase the price calculate your profit when you take the fees but attention only sell when you realize that you will win a sum q cvc know that you will profit because often the rates ends up getting the profit of beginners

[$anounimus$]

how to trade well and wisely you just need not easy to panic and do not easy to sell assets and coins you have in cheap price when the price collapses, do not get you affected by the situation, patience is the key to success you need.

[zhukovt34]

Invest very small amount in the beginning, keep learning, reading, following yours and others trades, notice the patterns.
Than start too really learn, best with some mentor about trading. It is longer road but successful one!!!