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

[kwakufavour]

Combining fundamental analysis technical analysis is a great tool for helping newbies to trade and not make losses. Candlesticks in my view is the first thing to study as a newbie in trading.

[timmydakolo2]

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  

Get a mentor to guide you through, the market is not mainly for newbies if you don't understand, you don't understand it all and if you get across articles that talks about trading and other analysis endeavour to read them and also take time to understand it.

[rodskee]

Great sharing your source how to learn trading
positive thinking and hard work how to find best ways about guide to avoid losing of investment in trading
Research and study are the key of success

[b3llsf1l3s]

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  

do not forget to divide the assets that we use for investment into several parts, so that the funds are not full in just one coin, because it has a high risk and the market is very volatile. Fundamental analysis also plays a role in moments of a particular moment

[Lpim01]

Its gonna be the best thing to spread your capital into 3-5 potential coins and not just one. It is way also to secured funds from losing your entire capital once it dumps, but if you'll go with Bitcoin there is no worry my friend. Cause even the price of BTC goes down but it surely survive by then.

[Bustart]

Its gonna be the best thing to spread your capital into 3-5 potential coins and not just one. It is way also to secured funds from losing your entire capital once it dumps, but if you'll go with Bitcoin there is no worry my friend. Cause even the price of BTC goes down but it surely survive by then.

The survival was so hard with a newbie trader and in most possible cases they'll tend to loss and can't avoid it. Panic is the result, and as for recommendations I guess controlling emotions is the best options to do as well. We need to learn how to become brave hearted person in order to be able to survive while market has uncertainty in terms of profitable gains.

[xuan87]

It's great to see a newbie start to learn the chart not just sit idle waiting for the group signal to trade, and there are numerous of simple indicators that can be used to avoid losing money, but all of the indicators just speculation so don't be too absorbed and try to out your money all at once, trading need patience and experience

[cryptobull3]

You can't expect you don't loose money at all but you can expect that your benefits get more , You will have losses till you learn somethings nobody can tell you but the experience like everybody else , don't worry and never trade with the amount of money you can't afford to loose

[KorakPawon]

Well said, that's a good analysis of you. Learn before you trade is something that not only you, but everyone should do. But, I think losing is also something you can avoid. I mean it's really good that you look for and do everything to prevent yourself from losing, but when you have to lose, you just lost, it happens just like that. That is what they called as consequences, and it should be taken and accepted wisely. 

[Togacity]

Mastery is the key to success in any field of endeavor and trading is no different. What you have shown indicates mastery and you are on the right path. To master trading is a bit complicated but it worth it. Thanks for sharing sir  .

[Sobocirevo]

The technical aspect of cryptocurrency trading can not be ignored or underestimated,  it is good to learn how to interpret and forecast trading trend! It is a very useful skill every trader should have!

Being a bitcoin trader has risks, profits and losses have become an integral part. Except as a bitcoin investor, HODL continues as long as prices have not risen or profits have not been as large as desired, there are no losses. So to avoid losses a trader patiently looks at the bitcoin movement, wait until the price of bitcoin rises and then sells. Don't wait too long, the price will go down again.

[Osarman]

There is no such thing as perfect trade and while technical analysis is helpful, I agree that its not the ultimate factor determining market prices. At this time, following the news might be effective but it won't always be the case.

Yes you cannot become a perfect trader overnight not you can learn to avoid loosing value in the market in a few days. There is a slang term that unless you loose money in the market, you cannot learn how to keep the loss outside the door. However if you invest a bit of capital in every asset, it will help stay good and even if one of the assets is prone to a loss of value, the others might not and might rather grow in value as well. So this is one way to avoid loosing money when you are a newbie.

[Kiweikoo]

No one can avoid loss in trading. That is the risk we should accept before we decided to get involved in this type of business. If there is a way to avoid such losses, sure everyone will make it as their only thing to get money. Profit and lose are two common things in trading.

Exactly no one can have profit always. You might have win or loss randomly. This is your fate too that brings win or loss. More you lucky more you win and other case would have loss. But be prepared for it. Don’t let yourself destroy just after your first loss. Your minds should be digesting the risks and associated threats and problems. Things aren’t that much smooth every single time.

[el kaka22]

There is no such thing as perfect trade and while technical analysis is helpful, I agree that its not the ultimate factor determining market prices. At this time, following the news might be effective but it won't always be the case.

Yes you cannot become a perfect trader overnight not you can learn to avoid loosing value in the market in a few days. There is a slang term that unless you loose money in the market, you cannot learn how to keep the loss outside the door. However if you invest a bit of capital in every asset, it will help stay good and even if one of the assets is prone to a loss of value, the others might not and might rather grow in value as well. So this is one way to avoid loosing money when you are a newbie.

There is even nothing like a perfect trader, as one way or the other, traders keep learning and fine tuning their strategies every single time to make the best of trading to their benefit.

What a lot of people might not understand is that loss is something that cannot be avoided at all even as a pro trader, and the only thing you can always do most of the time is to have a strategy when you want to be entering the market, be sure that you stick with it, know that loss is something that can come no matter the strategy since market conditions can quickly change anytime, and in that case, you have to just make sure that your stop loss is something you will never discard, but all these things would always come as an impossible thing to carry out if you do not learn and practice.

[nydiacaskey01]

You can use as many tools as you want to further verify your decision if you plan to buy or sell your coin. Its like asking for a second opinion to another doctor. Using RSI and Bollinger  band is a good combination to help you decide if its still a Buy, Hold or Sell, if unsure, use Parabolic SAR as it shows if its a Buy signal of Sell signal. Just make sure you use the right time frame in your charts. Results will be different if you adjust the time frame covered.

[alexyong342]

It’s all over the internet; it’s all over the news. It’s the next big thing, and it’s going up without you. FOMO, regret, and thoughts of what could have been.

https://www.altcoinsidekick.com/blog

[Google+]

for new traders so that you do not lose the money you have maybe you can do a good and correct trading method one of which you might be able to trade long term and you should not be affected by the bad news circulating because it will make you lose.

[Pattart]

that was a good information , and i'm also think every one needs to learn before trade , but Fibonacci analysis is more than that , It's about Fibonacci series in mathematics and golden points , A complicated method but very intersting.

I doubt if the newbie can know about RSI or like fibonaci series and so on for market analysis. but it is a very good tips for increasing
knowledge mate, including me who just heard about it. Lol

[boeingpaperplane]

Knowledge is power

[rebrik7]

that was a good information , and i'm also think every one needs to learn before trade , but Fibonacci analysis is more than that , It's about Fibonacci series in mathematics and golden points , A complicated method but very intersting.

I doubt if the newbie can know about RSI or like fibonaci series and so on for market analysis. but it is a very good tips for increasing
knowledge mate, including me who just heard about it. Lol

Don't make me laugh my friend)
If a person has the lowest rank in the forum, this does not mean that he is nobody in life.
What if he just has somebody who can teach him basics of tading?