qwerty12
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September 23, 2018, 09:13:10 PM |
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Making mistakes in Cryptocurrency Trading is normal and quite unavoidable. To get successful cryptocurrency trading results, it is important to stop bad habits because they can easily lead to financial suicide.
Learn to manage risk: Money management must be your first priority and it must be strict. To follow the general rules, try not to risk no more than 2 percent in one trade. Right, Build a diversified portfolio by investing in a number of cryptocurrencies. The risk of losing money will be reduced.
Plan to go in and out according to your risk-taking ability: Don't make the mistake of entering the trading market without a plan. This is one of the worst things a trader can do. Always have a plan first or you will get lost. This plan must include the time frame, your stop loss, and the exit point. Having clarity at this point will basically help you enter and exit the trade without looking like a person without goals who need direction.
Given market volatility, many traders make the mistake of coming up with unrealistic goals. It is possible to generate thousands in one day and at the same time lose millions. Just focus on your trade and money will flow naturally.
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rodskee
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yahoo62278
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September 23, 2018, 10:27:43 PM |
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People starting working in trading mistakes is part of learning in trading, mistakes is secret for the success To avoid mistake need learn weill before to decide for trading job Speciall this recent price situation of cryptocurrency are hard to predict which coins had potential to uprise
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kasturi
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September 23, 2018, 10:35:14 PM |
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A little advice I've learned and maybe you need to learn. first, perform fundamental analysis because this is more important than technical analysis and you must always know where you are saving your money. second, make a realistic target to get profits and do not pursue price increases. always taking one step at a time, you will get a price when you have expertise. third, Don't buy FOMO or sell FUD. Buy when the market is bearish and sell when bullish, Buy long-term dips and products for profit and lastly never stop learning, because there are always many things to learn in life, failure to teach you more than success, if your learning curve increases, your life will keep growing.
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Monta3002
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EndChain - Complete Logistical Solution
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September 23, 2018, 11:38:49 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 ?
I think you are a newbie in trading and makingbmany mistakes right now but I can tell you that it is okay because every newbie and even pro traders made mistakes. Man, just go on and learn from your mistakes that is how you will become successful and that is how to be a good trader. Btw, just watch youtube tutorials about trading
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Maricurijohn
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The Premier Digital Asset Management Ecosystem
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September 24, 2018, 04:09:51 AM |
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No need to suggest, educate yourself and improve knowledge will be better for you, or you can up youtube learn for fast, that is one of the best ideas I propose for you.
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|| ICONIQ HOLDING || The Premier Digital Asset Management Ecosystem, Powered by the ICNQ Token
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imsotiredofmoviereboots
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September 24, 2018, 07:50:58 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 ?
Mistakes are always part of the learning process. But here's how you make your trade less risk. Don't jump on altcoins that are always talked about. Stick to the altcoins you have made your own research. Choose also the coins where the team is always visible and does not delay their roadmap.
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metribitcoin
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September 24, 2018, 08:15:36 AM |
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Patient, never be greedy and never FOMO is the most important thing in crypto trading to earn profit. To learn about technical analysis is more easy than control that emotion so we should be learn more how to manage that emotion. Others thing and how to make trading plan and minimize the risk by use stop loss.
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MrVuuu
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September 24, 2018, 09:11:44 AM |
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Immediately I will say that you will not be able to avoid mistakes. They will always be and this is good, because with every mistake you get a precious experience. So do not be afraid to make mistakes and lose money. I advise you to study the price action if you want to trade
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ethereumhunter
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September 24, 2018, 09:14:37 AM |
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The important thing is you need to try and not stop if you are getting losses in trading. I am sure there will be a time for you to make a profit even for a small profit and if you still learning from many tutorials, then you can try what you learn so you can get more experience which will useful for your trading skills. And who knows, by doing this in every day or every week, you can try to increase your profit, and you can have fewer losses in trading. No one will know what we will face in the future, and you only need to keep trying without stop.
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Adrin
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Merit: 10
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September 25, 2018, 02:30:27 PM |
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There are lots of people want to start cryptocurrency trading. I just suggest for newbies before start cryptocurrency trading you must follow babypips because this is a larger website for learning trading if you follow this website you can get a lots of idea in your trading. If you have knowledge about cryptocurrency so never start trading because without training you can loss your whole money.
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RockBar0
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September 25, 2018, 03:02:45 PM |
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now stop trading, it will be better for you and safer, in my opinion should not focus on trading now, so focus on hold, patiently wait for market recovery is the opportunity for them we in the future
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ngefek berat
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September 26, 2018, 03:23:21 AM |
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Maybe try to be patient when the price of the majority of altcoins has decreased very important in avoiding large losses so that in this way they still have the opportunity to create success in the future and the economy can automatically be helped.
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cunguks
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Polkadog - Multi-Chain Defi Meme
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September 26, 2018, 04:01:04 AM |
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Indeed it is normal for a person to experience a loss when trading, and of course we can minimize that. And I think the only way is the accumulation of experience. When we have enough experience, our mistakes will be fewer, and that leads to fewer losses as well. Learning from theories alone won't produce any results, we need to practice and direct experience. So my advice is to start trying and don't be afraid to fail. You'll find your own strategy in trading soon.
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Blue_oxen
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September 26, 2018, 04:40:17 AM |
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just collect many information. good information. checking carefully every signal. try to understand trader mind and make a decision before them.
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katuhakuh
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September 26, 2018, 05:49:26 AM |
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Yes, in my opinion, this is part of the lesson we need to learn, we cannot become successful traders without learning from our mistakes, but to avoid becoming big, we can learn the basics, read charts, trade analysis indicators. In achieving success in the future keep reading in this section and applying it little by little we can achieve it just be patient.
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wahyu wida
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September 26, 2018, 06:04:02 AM |
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just collect many information. good information. checking carefully every signal. try to understand trader mind and make a decision before them.
right, news seems to greatly affect market movements. with news they can drive market according to their wishes. of course this is done by whales, so don't leave latest news at any time
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Hiltohen
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September 26, 2018, 01:10:28 PM |
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No need to suggest, educate yourself and improve knowledge will be better for you, or you can up youtube learn for fast, that is one of the best ideas I propose for you.
No suggestions are very important because by this way a person can collect data from many place and then decide about trading in a better way. Self-education will take long time because cryptocurrency market is not easy to understand and to make decision according to your well and not according to the current and upcoming situation of the market.
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Allenw
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September 26, 2018, 02:19:06 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 ?
In the beginning, you have to start with less amount of money which will help you to not to lose a huge amount of money. Also, you can learn trading from losing money in the beginning and after that as per time passes you will become good at trading.
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Sum24
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September 26, 2018, 09:32:42 PM |
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now stop trading, it will be better for you and safer, in my opinion should not focus on trading now, so focus on hold, patiently wait for market recovery is the opportunity for them we in the future
Yes now is good time to hold your coin because price is now increasing and this process will kept on going for new month’s which makes our profit bigger so it is not good to sell now we can wait to have higher profit, I would say you not to trade for day try to trade long terms as it gives high er profit as well you will not be worry about market volatility so buy red but trade at green it is profit able.
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manggis97
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Merit: 10
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September 27, 2018, 01:01:54 AM |
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By learn from my mistake in crypto trading, i can suggest to avoid loss in crypto trading, we should be first know the trend of crypto market. Last year the trend of market is bullish and in this year is bearish. So if we have prediction the market will be bearish is better dont trade in crypto but trade in others asset that seem bullish like stocks. Because in this bearish market its more difficult to gain profit. And for current market that all crypto already dumped hard to 90% , so its good times to start crypto trading again. So the more important thing is to understanding the trend of market so we will know when should entry and exit from the market.
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