Dark Sky
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June 18, 2018, 10:46:12 PM |
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I think money management always can be the key to get profit from trading. It's mean you can control yourself with decide how much to sell and decide to cut loss your profit when price going fall.
Yes money management is very important in trading because if you have not control on your spending so it will very lose for you and that's why you cannot earn from trading, so secondly you should totally focus on trading and give proper time for it so you will make a lot money in trading.
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stadus
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Hhampuz for Campaign management
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June 22, 2018, 09:51:42 AM |
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I think money management always can be the key to get profit from trading. It's mean you can control yourself with decide how much to sell and decide to cut loss your profit when price going fall.
Yes money management is very important in trading because if you have not control on your spending so it will very lose for you and that's why you cannot earn from trading, so secondly you should totally focus on trading and give proper time for it so you will make a lot money in trading. Trading is like gambling for long term, you need to need how to manage your funds and in gambling it's called bankroll management which aim is to last in the game and be the winner in the long run. We can apply that strategy in trading but we need to be discipline in order to execute it well.
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GreatArkansas
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Buy/Sell crypto at BestChange
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June 22, 2018, 10:10:25 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 ?
Trading is very risky, and you cannot guaranteed 100% to have a profits in every trade you have. You should always keep in your mind that, in trading you can win and lose every minute.
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Elmer1
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June 22, 2018, 10:24:19 AM |
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The higher the risk, the higher the reward! If you are afraid of taking risk, may be cryptocurrency is not for you. If you want to take less of risk, you should invest your money in small amount, but the profit will you gain is small too. And if you invest in big amount, then the profit you will get also big profit, but the risk also too big. And 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. goodluck traders
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Jraf95
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Activity: 170
Merit: 46
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June 22, 2018, 11:51:41 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 ?
There's no such thing as taking less risk and not committing mistakes in trading. 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. absolutely right, taking on in trade industries must take time to have some experience and error likely loosing of money in ivesting or in being risk at a time so that you will learn how it goes and what would be the flow for future profit. also invest or trade anywhere in tradibg site has a good and bad feedback, all yoy need to do is go for those trading site whom known for most of the high profiled users or inestors.
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Wittycoin
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June 22, 2018, 01:39:00 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 ?
To be a good trader, you must not be so emotional cause it could lead you to make a bad decision, also you must have a goal when trading. Do not aim for too big when trading and securing a doubled profit is good enough, because being greedy could lead mistakes also.
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joshy23
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June 22, 2018, 01:49:54 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 ?
To be a good trader, you must not be so emotional cause it could lead you to make a bad decision, also you must have a goal when trading. Do not aim for too big when trading and securing a doubled profit is good enough, because being greedy could lead mistakes also. Right, emotional ready should be the first thing to do, you must convince yourself that before making any entry you are willing to lose and forget about your money, having this attitude makes you more flexible,market is so wild and we don't have any idea what will happen tomorrow, so you must learn things that will allow you to be mentally prepared, you can start reading those threads where mistakes happen and what can be the possible cause so you will avoid to do the same.
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george888055
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June 22, 2018, 03:54:05 PM |
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Have a patience – impatience is bad is every field, It is very much important to track trading results regularly and patiently.
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Topaz72
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Activity: 322
Merit: 10
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June 22, 2018, 06:36:29 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 ?
To be a good trader, you must not be so emotional cause it could lead you to make a bad decision, also you must have a goal when trading. Do not aim for too big when trading and securing a doubled profit is good enough, because being greedy could lead mistakes also. Controlling your emotions is one of the best things to be notice, sometimes price falls so if you will lose your emotions at the time of fall and sell at panic then it will be lose so don’t panic and don’t forget to hold and control all your emotion at the time of dump. Greed is curse and those who are being greedy will never earn more, buy and hold for long terms don’t trade for short term.
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arjen18
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Activity: 266
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June 24, 2018, 09:39:27 AM |
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In my opinion try to watch the procedure on how to trade on youtube or try to ask other people that you know that master the trading section..
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CoinFoxs
Copper Member
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Merit: 1004
Campaign Management & Translation Service
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June 24, 2018, 10:00:22 AM |
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In my opinion try to watch the procedure on how to trade on youtube or try to ask other people that you know that master the trading section..
Personal experiences and discussion is more important and helpful then watching tutorials on youtube. Practice makes you expert. I always prefer discussion and practicals to know about something. Trading is partially based on your luck and partially on your observation.
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Coinnosaurus
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June 24, 2018, 09:23:33 PM |
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You can start off with doing your due diligence. Depending on if you're going to trade from an economic / fundamental point of view, or a technical perspective where you're merely looking at charts and data to make your trading decisions.
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torontoconti
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June 24, 2018, 09:35:55 PM |
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If you are going to enter the market now, the most important thing that you should have is knowledge, that is why most people that is good in trading, has good experience in Forex or any other stock exchange.
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Portia12
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Merit: 105
ADAB ICO
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June 24, 2018, 09:38:29 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 ?
Being very knowledgeable about the market is very important in order to earn more profit in the market because most of the traders who feel a lot of pressure are just selling their coins immediately, it only means that they invest without a decent amount of information about cryptocurrency.
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Alice Nuttal
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June 29, 2018, 04:03:16 PM |
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Honestly, I think that all traders are making almost same mistakes. I think that it’s normal and even useful if you learn from them, because mistakes allows you to realize what you do and how to improve it. However, there are so-called deadly steps, which may cost you too much. Luckly, you can avoid 'em by reading guides and trading via demo-account. Means, you will make mistakes (and learn from them), but they will cost you not real money, but demo coins. Sure, risks in trading will always be high. And you can just buy crypto and just hodl, it is a way to minimize risks, as well as potential profits. As for knowledge, I suggest exploring exchanges and their interfaces to get familiar with the market. I suggest you to start from fiat-to-crypto exchanges like coinbase, or bitquick, then move to crypto-to-crypto ones like binance or bitfinex. Once you get profits on demo-account, switch to real one. And remember the golden rule: never spend more than you ready to lose.
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Huy Mai
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June 29, 2018, 04:12:57 PM |
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You have to understand yourself more. Some suggestion: - Find why you lost after trading - Find why you win after trading - Find what/why/when did you fomo - What are your rules for trading - How many percents for stoploss/taking profit - Which trading strategy you choose (daily, short-term, long-term, etc) Good luck
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juragane
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Merit: 10
CAT.EX Exchange
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June 29, 2018, 05:00:00 PM |
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my advice for better trading your trading using capital that is not very used which means that money you use for trading really money relax so you can trading more relaxed and not too afraid and do not easy to panic when price fall.
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Early2000sThrowback
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June 30, 2018, 02:01:55 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 ?
First of all I advice you to study different indicators that you can find over the internet those are - Stoch RSI, MACD, RSI, WT Williams and other. I don't recommend you to buy trading courses off the internet, they don't work. Then you can try to use price predictions tools like Cryptics, now they can predict the price of the cryptocurrency for the next day with 70% accuracy rate.
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futuret
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July 01, 2018, 09:14:47 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 I advice you to study different indicators that you can find over the internet those are - Stoch RSI, MACD, RSI, WT Williams and other. I don't recommend you to buy trading courses off the internet, they don't work. Then you can try to use price predictions tools like Cryptics, now they can predict the price of the cryptocurrency for the next day with 70% accuracy rate. Yeah try to learn about reading the price chart and it will be best to taking start with small amount of money at cheap price, after buying some coins patience is the most important because it is hard to say before investing that when you will be able to sell but in this regard we use to follow some predictions and market condition, so be ready to take risk for good trading income and don’t panic just have patience soon you will earn best money out of your trading skills, use your skills don’t waste your money buying indicators,.
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gurang
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July 01, 2018, 09:48:48 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 ?
you know you can not learn if you do not err or do not lose everything you can do is cause damages, the better you do is trust yourself and think that you can and think about your future
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