javadevm8
Newbie
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Activity: 81
Merit: 0
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May 14, 2018, 12:32:27 AM |
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Risk management is key for any trader. Dont invest more than you are willing to lose.
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Ranillo79
Member
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Activity: 240
Merit: 17
Buy, sell and store real cryptocurrencies
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May 14, 2018, 12:51:15 AM |
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To be a good trader, you must first to learn from your mistake, take itas a great experience not a very bad experience. This will will built your skill and emotion to more suitable in trading. You mind is set up be more accueate to not happen again that experience. Next, gain knowledge from environment, gain and aplly to yourself. There are a lot of good videos can you watch, these different skill or technigue of a trader will make you more proffesional
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richcorner100
Full Member
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Activity: 616
Merit: 100
https://exip.live/
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May 14, 2018, 01:34:02 AM |
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In my opinion firstly you have to know situation of crypto market, like total market cap, daily volume, news and FUD that will make impact with crypto price. And important also to learn about technical analysis. Crypto with high volalitily so also important to use stop loss in every trade. Learn how to manage emotion to avoid loss, and should be always dicipline to do the rule and strategies of trading that havebeen you make.
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Indrawan77
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May 14, 2018, 02:08:42 AM |
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Mistake is the part of the lesson that you need to learn, you can't be successful trader without learning from your mistakes, but to avoid a big miastake you nees to learn the basic, reading chart, trading analysis indicator and try to gather a lot of information about the market from a lot of source, joining a trading group channel could be a reference for you, learn trading and build your experience through it then you can become a good traders
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pandanaran
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May 14, 2018, 04:24:24 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 ?
I am a beginner trader, I think if you want to take a less risk is to set a small percentage in every increase in the coin you buy, at least 1-2%, then if the coin you buy decreased (decrease caused by no no news or good development) then it is better to cutlose. Avoid mistakes trading is patience, I conclude patience because the location of trader's mistake is to act with a hurry or quickly carried away with situation of market, so that he make the mistake.
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wantjokull
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May 14, 2018, 06:18:02 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 ?
When it comes to the crypto currency trading then you just need to know few things : 1) You need to have best portfolio. 2) You should know when to buy and when to sell them. 3) Crypto trading can drive you crazy with its volatility so you dont have to get yourself crazy about it! 4) You need lot of patience many times and sometimes you can just grab quick profits. 5) Dont repeat your mistake.
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Cacingkemi
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May 14, 2018, 07:48:31 AM |
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My advice is to be yourself not to be fooled by others who will make yourself frustrated,don't be afraid to lose cause all traders have felt it and always follow the trend see where he is placed.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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May 14, 2018, 07:53:21 AM |
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If you have learned and understood the basic foundations of trading science then there is nothing you should look for other references to understand it again. Your biggest mistake is yourself, you can learn from experiences that have made you lose money. The most important factor being a trader is your emotional, the theory is only limited to the introduction.
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chistiy
Newbie
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Activity: 294
Merit: 0
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May 14, 2018, 06:10:43 PM |
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The main thing, that you need to be sure, that you can control your feeling when the price is decreasing because there are still chance that the price can recover back in the future. Crypto price and market demand is difficult to speculate that even experienced traders lose money in trading. You must learn from your mistake and trust your judgement when you trade or invest.
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Gozie51
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May 14, 2018, 09:45:37 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 ?
As always, you have to learn money management, trading with stop loss, risk what you can afford to lose and patience either to monitor the market and not to jump into trade etc.
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Rubick99
Member
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Activity: 484
Merit: 11
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May 14, 2018, 10:23:47 PM |
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If you have good money management that will help you to minimize your risk when trading. Don't greedy when you want to take profit, that will make you regret when reached ATH and you still holding. That's most important key to trade.
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Aschcraw (OP)
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May 20, 2018, 12:20:27 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 ?
When it comes to the crypto currency trading then you just need to know few things : 1) You need to have best portfolio. 2) You should know when to buy and when to sell them. 3) Crypto trading can drive you crazy with its volatility so you dont have to get yourself crazy about it! 4) You need lot of patience many times and sometimes you can just grab quick profits. 5) Dont repeat your mistake. thank you good things to know ... number 4 are the best many times i loos because i am not patience .
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riaruhs09
Member
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Activity: 184
Merit: 10
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May 20, 2018, 12:30:27 PM |
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to be a good trader is by the way we can control our emotions and the panic that is in us. in addition we also need to get a lot of information about the market and can do personal research on certain Coin.
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usama98
Member
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Activity: 112
Merit: 11
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May 20, 2018, 12:34:06 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 ?
Always think twice or thrice before investing, Assure that you are not going to be trapped in a scam, Dnt be overconfident when you get good profit and simultaneously Dnt get nervous when you are going in loss, Just be patient. These are the qualities of a good trader.
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b3llsf1l3s
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Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
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May 20, 2018, 02:46:08 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 ?
better avoid to buy coins when price or market is green, stop trapped on FOMO, because it can make you in loss, this time is also pretty good for, btc try to rebound
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Ehilamale
Newbie
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Activity: 84
Merit: 0
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May 20, 2018, 02:50:02 PM |
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A good trader is a trader who risks as little of his own money as possible.
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LogitechMouse
Legendary
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Activity: 2590
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
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May 20, 2018, 03:29:27 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 ?
That will never happen. If you are a newbie trader, you must put into your mind that you cannot avoid mistakes because you are a newbie and newbies doesn't know anything about trading. If you want to lessen your risk, maybe do the 3R or the Risk - Reward Ratio. What is that?? Google is there for you take time to do some research in it. You need to learn how to use indicators, how to read candlesticks and how to do some TA and you need some discipline.
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racingboy
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Activity: 126
Merit: 0
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May 20, 2018, 03:32:11 PM |
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Try trading without using real money, use notes. if you understand what I mean.
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phucngungoc
Member
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Activity: 294
Merit: 10
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May 20, 2018, 04:30:30 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 ?
You can see that the market has been fluctuating continuously over the years and it is hard to predict, bitcoin prices are constantly adjusting in recent days and this has caused altcoin not recovered soon. According to my analysis, the bitcoin price may fall to $ 7600 then increase long term, so you can wait until then to buy Bitcoin.
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amih
Member
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Activity: 308
Merit: 17
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May 20, 2018, 04:46:40 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 would say that even if you are going to make a mistake that you do in trading activities I think it is a very natural thing if you want to start trading activities. because of a mistake that you do of course you will know by itself about things that should not be done for later on. it is some positive things that you will get from mistakes that you may do in trading activities and personally I would advise you that in doing trading course you will face the risk of loss if you are wrong in choosing a good potential coin so suggestions I am starting a trading activity that you will do with a number that is not too large so you can minimize the losses you might get. next is of course you should not give up with any risk in terms of trading because I am sure the longer you will become a great trader if you continue to do so without any surrender.
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