dead_m92
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June 04, 2018, 07:54:18 AM |
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Yes, the only way that you are going to commit less mistakes is just by trying to learn a little bit more about how the entire market works at all. If you just start trading without any knowledges, you are going to lose.
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Sum24
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June 04, 2018, 07:02:29 PM |
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Being confident with the token/coin that you are holding is very important to lessen such risk, if you are well aware of that project then you won't get any panic each time certain downfall happen with what you have, each fluctuations bring certain reactions if you are a believers you will be able to hold and be patient enough to wait till you reached the peak that you desired with your investment.
I really want to believe that being confident can only be applicable when you have great trading knowledge and some experience over time. What you are doing is to trade the market fluctuations and you do not want to be in a particular market at the wrong time, no matter how much confident you think you are on the token you are holding. That can only help you in not bag holding a shit coin but not when making trade decisions. Ofcourse , Having enough knowledge to trade empowers your self confidence on trading because you are trusting yourself in making a trade. Making yourself over confident will destroy the limits and barrier that you set up to yourself to avoid loosing some profits. It is not good to be over confident in trading so try to trade with right time and right strategy, if you know how to trade you are the richest person, try to increase your knowledge as much as you can increase as it will let you help yourself for generating good profit from trading, now a day market is getting high so try to trade, one thing a good trader should know it but when it is red and sell for trading when it is green some of them do the opposite and get lose.
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naidray
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June 04, 2018, 07:23:57 PM |
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you should never trust anyone and always research and analyze yourself and trading is in nature very risky way to make money so don't put more money.
Yes in trading we should never trust anyone because sometimes it leads us to loss a money and regret that's why making research and study it before entering on the market is very important because it helps you to decide easily and not cause you an afraid even it goes down because you know and always believed for the potential to rise of it that possibly give you a big profit in the future. Thorough research before entering a trade or a position is important and this cannot be done without learning to have a strategy and sticking with it. As a trader, you need to have a working strategy, try it out so many times, and see how it ends up playing out, so that you can at least know how to always make good decisions yourself in a market. Some would just be busy following every analyst in the market, entering a position using one strategy and closing it using another person's strategy. Just learn, have your own, and you will always be better off.
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jackky
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June 04, 2018, 07:26:20 PM |
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You need to reconcile with the fact that you can lose money. Risk no more than 2-3 percent of the Deposit. If you are haunted by failures, on this day you need to stop trading.
I do not think that is a safe solution. Most of the newbies after trading are losing money. The only reason for the loss is not to learn about trading knowledge. They should spend more time finding the knowledge
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Tigerw
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June 04, 2018, 08:44:18 PM |
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You need to reconcile with the fact that you can lose money. Risk no more than 2-3 percent of the Deposit. If you are haunted by failures, on this day you need to stop trading.
I do not think that is a safe solution. Most of the newbies after trading are losing money. The only reason for the loss is not to learn about trading knowledge. They should spend more time finding the knowledge Of course, I agree that it is also necessary to study theory. But in life there are situations when a person thanks to practical studies gets more experience and knowledge than just studying theory. Therefore, in any case, in tandem it is necessary not only to learn, but also to practice with a small starting capital.
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piterpie
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June 04, 2018, 08:46:50 PM |
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If you don't want to take high risk, then simply don't take risk, invest in coins like bitcoin not in those you can make 10x or lose all of your money, also never panic sell it is mostly loss.
You're right. It is only possible to participate in new altcoins that will earn us ten times the investment in bitcoin. But investing in altcoin is risky and not every coin makes us win ten times
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setupbounds
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June 05, 2018, 06:11:57 AM |
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do you have suggestions , how to avoid mistakes in trading and take less risk ? and what need to learn for be a good trader ?
First of all you need to take the risk losing money but that is the reason why you should be careful. You just need to be sure about the token/coin you want to buy. You can study the movement of the coin by means of reading the project itself, joining some groups (telegram) and asking different people's perspective about that coin. Its not by risk you can do success in trading but making an assurance should be learned through experiences. If you know exactly how to risk despite of how knowledgeable you are, then that's great because from the leanings you acquire you have courage to face the risk in trading. Without certain knowledge you won't be able to decide to face the challenges so you won't be able to face the risk, and you won't lose money if you hold longer. I disagree with you my friend. There is always have a risk even if you are already experience when it comes to that field. There is a lot of project/coin that if you will read and study, you will end up thinking like "it is a good and potential coin" but at the end it is just another common coin that will not hit the market. There is no person on this world how wants to trade but he doesn’t see risk in it. Risk is like a shadow that sticks to you like a shadow. So don’t just worry from it rather think of better ways and methods to resolve that risk thing? Expert traders always handle risk with much care and connecter and don’t let this eat your profits in bad times. You must be ready every time to fight with it.
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Finestream
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June 05, 2018, 06:53:02 AM |
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If you don't want to take high risk, then simply don't take risk, invest in coins like bitcoin not in those you can make 10x or lose all of your money, also never panic sell it is mostly loss.
You're right. It is only possible to participate in new altcoins that will earn us ten times the investment in bitcoin. But investing in altcoin is risky and not every coin makes us win ten times Let's just face the fact that whatever investments you made either in bitcoin or altcoins really demands risk.If you really want to succeed in trading,you must learn to take risks because losses is always possible in all investments.Invest in a coin that has more potentials to give as time goes by and not just simply buy cheap coins that will make you regret in the end.
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coffigayo
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June 05, 2018, 07:05:55 AM |
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If you do not want to take high risks, then simply invest in a coin like Bitcoin not on those who can make 11 times or lose all your money, or panic never sell it most of the loss. I have little advice about trading: you do not trust anyone and always researching and analyzing yourself and trading in nature is a very risky way to make money so as not to put in more money.
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seinzein
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June 05, 2018, 07:15:55 AM |
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Well, actually i am. Not really good at trading, Juat share each other about what i have done Before. First, we need to know more about trading and having experience, because experience give u a lesson for next what to do when you are trading. Then you need to learn how to notice the market. The important point for me. Is not to be panic. Because when we are panic, we can do something careless.
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supergorg27
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June 05, 2018, 07:37:26 AM |
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First of all when you do trading you should ready yourself for taking the risks that you will encountered in the future, and be ready yourself also if you lose or win.
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GoodLuck2
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June 05, 2018, 09:32:03 PM |
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do you have suggestions , how to avoid mistakes in trading and take less risk ? and what need to learn for be a good trader ?
Successful trading takes time. There is also risk, always, and it needs to be defined and controlled. As soon you as you cap your risk, you invite the possibility of losing trades (stop loss being reached), but ironically that is more likely to make your profitable since the losses are small and controlled. The first priority should be your best knowledge of trading that will guide you the best and you will never ask from others about suggestions. However the trading has few important steps, choose a valuable coin in a low market, place the coin in any of the exchanges for example Binance, Coinbase and Bitrex etc. Make your decisions with good care and in the light of market rules. The best trading coin should be Bitcoin as this is the most valuable coin and if you buy at low market then you will get huge profit at high market.
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satria33
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June 05, 2018, 09:44:06 PM |
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truth is u never always success in trading, you can lose your profit, and this is reality. sometimes may experience traders lose. you should never trust anyone and always research and analyze yourself and trading is in nature very risky way to make money so don't put more money.
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napi
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June 05, 2018, 09:52:43 PM |
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my advice to better traders you can control your emotions and your patience because I see a lot of traders who are easily affected and can not mengdailakn emotions.
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Coinnosaurus
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June 05, 2018, 10:49:53 PM |
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Every successfull trader has ability to take a small loss quickly if a trade is not working out and move on to the next trade idea.
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cryptomite
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June 06, 2018, 06:01:40 AM |
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I can suggest you to start as I starrted. Go with a small ammount and try to rise it step by step. Increasing a trading amount
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davinchi
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June 06, 2018, 10:04:31 AM |
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Yes, the only way that you are going to commit less mistakes is just by trying to learn a little bit more about how the entire market works at all. If you just start trading without any knowledges, you are going to lose.
Do trade with the most valuable coins if you are a productive person and want to get maximum profit, for this you will need to choose a valuable coin for your trading. Valuable coins are affordable and achievable in low market and this will benefit you the most if open your wallet in a high market. Find an exchange and place your coins so that you may sell if but remember that place the coins in exchange of you are standing in a high market.
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kimochidesh
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June 06, 2018, 08:34:34 PM |
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1. The most common mistake is selling the investments at huge losses. Instead traders should hold on to their investments. 2. Buying the cryptos when the prices are already very high. 3. Not diversifying the investments. 4. Investing more than what they cannot afford to lose. 5. Not studying and researching before investing in anything.
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777Jolami
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June 06, 2018, 09:58:28 PM |
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First of all when you do trading you should ready yourself for taking the risks that you will encountered in the future, and be ready yourself also if you lose or win.
Financial investment has never been so easy and cryptocurrency so you can lose a lot of things without proper knowledge and investment strategy. Choosing the right coin to invest and the right time to buy / sell will help you reduce the risk and increase profits when investing.
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Fasunathan
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June 06, 2018, 10:20:51 PM |
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First of all when you do trading you should ready yourself for taking the risks that you will encountered in the future, and be ready yourself also if you lose or win.
Financial investment has never been so easy and cryptocurrency so you can lose a lot of things without proper knowledge and investment strategy. Choosing the right coin to invest and the right time to buy / sell will help you reduce the risk and increase profits when investing. It may took too long to wait for that exact value on our coins that's been facing such volatile movements. However the situation might be crucial on certain cases, and I am not confident that being knowledgeable or skilled is not assurance for us to become huger profit earner. The key here is to be more smarter in times when your holdings reached at higher price, and the right thing is you should grab while the opportunity is there in you.
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