Be a newbie trader. I avoided losing money. how?

[Ronaldcoin2017]

As a newbie i think there is no way for not lossing a little bit profit or capital. Because we all know that newbie is on the stage of learning and we maybe ingage on some mistake that can lead us to loss our profit. I believe that we cannot avoid losing on trading specially when we are a newbie but we can make our possible loss when we are going to used a very small amount of capital money to do trading.

[1715403375]

1715403375

[1715403375]

1715403375

[arpon11]

When you are a newbie you can refer to something on tradingview.com
1.Technical:

RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.

2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading  

In trading you have to have deep knowledge on both technical and fundamental analysis in other to make money. I think and I advise that you should not put money into trading except you have getting enough knowledge, skills and understanding on how trading works if not you will lose. Please have this at the back of your mind that you are going to lose money if all you know about trading is technical analysis.
Experience is very important aspect of trading. If you can develop your skills through experience you will become a professional trader in no time. Remember that trading is a game and the most skillful make the highest profits. Just like in football the most skillful make the high pay in the game.

As a newbie i think there is no way for not lossing a little bit profit or capital. Because we all know that newbie is on the stage of learning and we maybe ingage on some mistake that can lead us to loss our profit. I believe that we cannot avoid losing on trading specially when we are a newbie but we can make our possible loss when we are going to used a very small amount of capital money to do trading.

I hope the op will understand this as there is no way you can trade without losing. In trading you must makes some lose and profits. It is when your profits exceeding loses that you make profits. You should also no that you have to understand stop loss and take profits very well and know how it work in other to minimize losses and maximize profits.

[karungbitcoin]

Price action of cryptocyrrency is not easy to predict, and in many case technical analysis did not work, so important to use stop loss and trailling stop as risk management. When bull market come in to crypto, there are alot of altcoin was going up 10 to 50 times just in amonth like last year so in this situation trailling stop will help to maximum the profit and to minimize the risk.

[moneymakescents777]

Lots of Research
Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$

[rebrik7]

Price action of cryptocyrrency is not easy to predict, and in many case technical analysis did not work, so important to use stop loss and trailling stop as risk management. When bull market come in to crypto, there are alot of altcoin was going up 10 to 50 times just in amonth like last year so in this situation trailling stop will help to maximum the profit and to minimize the risk.

I think that is almost unreal to predict price moves in crypto, especially on BitMex. Huge experience and knowledge of TA/FA only slightly increases your chances to predict the right direction of movement of price. But with the right risk management, this can be enough for success.

[Arthurian60]

For a newbie who is learning how to trade, there is no way to avoid loss o money in trading. Even a well known expert in Crypto universe sometimes loss money. There is no way you wouldn't losssoke money when trading but the main issue is that don't do what is making you losing money from time to time. Learn and advance from that stage.

[fasdorcas]

For a newbie who is learning how to trade, there is no way to avoid loss o money in trading. Even a well known expert in Crypto universe sometimes loss money. There is no way you wouldn't losssoke money when trading but the main issue is that don't do what is making you losing money from time to time. Learn and advance from that stage.

Even professional traders lose and I will keep saying this, any new trader that fails to understand that losing is a part of trading, is not ready to trade.

What is important now is how much you lose compared to how much you are profiting in the long run. It is a market, and very unpredictable, with signals just being there to guide, so if you really think those indicators will just give you 100% accurate result, then believe me anyone who thinks that is not ready for trading at all.

Like you mentioned, learn, advance, gain confidence, and keep practicing until you are sure of yourself and your skills. You will only end up overworking yourself as a trader, as well as your emotions, if you are looking for 100% wins all the time.

[drachman]

Probably the easiest way to avoid losing money as a newbie when you want to begin to trade is to avoid day trading, I see many newbies trying to day trade without understanding that you need to be exceptionally good to make any profits that way, at first it is better to make some trades that last for a few days that way you get to know the platform of your choice and the way the markets that you want to trade can move during certain hours.

[calya]

Probably the easiest way to avoid losing money as a newbie when you want to begin to trade is to avoid day trading, I see many newbies trying to day trade without understanding that you need to be exceptionally good to make any profits that way, at first it is better to make some trades that last for a few days that way you get to know the platform of your choice and the way the markets that you want to trade can move during certain hours.

better to practise with small amount in our first investment.we could take important lesson from market movement.and reevaluate to our analisys , is it already right or not.

[life time trader]

for newbie losing money is good but less , i learnt many things by losing money this will be bad but after some time we realize that this is what thought us good experience most valuable it will be like paying fee to market for learning everyone should pay this fee no one will escape    

[Aivaryamal]

The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait

[ngesotcoy]

The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait

This is the advice most of this year and it is only good with the holder but it doesn't work well with the trader. The market will definitely grow but the way to survive in the bad market with the limited capital of the newbie is important, this is very hard.

[Hilly]

Lots of Research
Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$

This is only possible if you invest low and now is the time to do that. In addition, if you invest low and manage well, you will not loose money despite you being a new trader. It is that simple.

[Cliarbikr]

This is just the smallest part of the basics of technical analysis. In fact, a lot of tools. Theory is not enough, you need to have trading experience.

[jambul_kribo]

The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait

This is the advice most of this year and it is only good with the holder but it doesn't work well with the trader. The market will definitely grow but the way to survive in the bad market with the limited capital of the newbie is important, this is very hard.

we could try several strategies to face this condition.so this is why our skill important for us to survive in this market.re- analize our asset is it possible recovered in future or not,if i didnt better to switch on other coins that give us profit possibility in future.

[LupeKidman]

I believe that trading without losses is impossible .. When you just start doing something, you need to feel the market.. And it's okay when you make some mistakes.. Now I try to use Trade Santa.. It wasn't so easy to configure the bot.. But today it works good.

[perfect999]

It is essential that you spend some time firstly learning more about trading cryptocurrencies, and getting good knowledge about its skills. This field isn't totally safe, and it is involving a high level of risk, especially if you can't choose the right coins, or you can't analyze the market and the charts.

Like other earning sources of world, definitely when you intend to start something new, like a new business, you must learn about it. You have to grab every single essential information regarding this thing. If you don’t make it, you could never reach the level of success. How can someone supposed to make money from thing him or her even don’t know about?

Understanding about any business is prerequisite to making money in that business. About not loosing money, I would say that you have to have good understanding about the asset and that will lead you to invest in it when the time is the most favorable. This is very important and minimizes the price which in other words maximizes the future profit. Never trade in the down market. This is something that incurs loss to so many people.

[fordsons]

The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait

In recent scenario, better is to wait. Prices are now developing with very little sped but still they do. Don’t lose your heart in it. Good times are coming, though they will take time, but they will.

[nicster551]

When you are a newbie you can refer to something on tradingview.com
1.Technical:

RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.

2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading  

This is the very basic stuff that you can use in crypto, but you can only use RSI alone and you can profit a lot from it.

[rocketbits]

Lots of Research
Buying Low
Patience, plenty of it
Sell High
CanYa Coin CAN will make you super rich $$$

Even with all that which you have mentioned, when it comes to losing money, which is not something that is avoidable. When making plans for trade, you have to consider when you are entering your position based on the signal you see, when you should be selling as well based on the signal you are looking at, and in the case of things not turning out as expected, where you want to be looking at stopping loss, which is the main reason why for every trader, there is a great importance to know how to manage risks, otherwise you will just be gambling your position back and forth in the market without a proper plan.