Bubblestonemax
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September 14, 2018, 07:04:22 PM |
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You need to have a strategy you use in trading. You must be disciplined and always follow your strategy very well. Also, do not take much risk per trade. Use minimal risk per trade
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NorihiroName
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September 14, 2018, 07:42:27 PM |
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Trading is such a risky thing! I don't think that there are many things that can cut the risk actually...just build up your experience and understanding of the market, this will really cut your risks.
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lushlife
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September 14, 2018, 07:57:55 PM |
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At first, I thought that they were just joking about the emotions involved in trading, then, after I traded for quite some time, I realized that I should control my emotions whenever I am trading, one concrete example is panic selling, whenever I see red candle I tend to be pessimistic and scared. Thus, panic sold.
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Sum24
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Activity: 448
Merit: 10
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September 16, 2018, 09:25:57 AM |
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As a trader, do not put an emotions in trading because it was very risky. Make a move as what you have learned. For me, trading is for persons who is so patience, knows how to wait because there is a time for you to come to earn profits in trading.
You are absolutely right in trading you will have to use your mind not your heart because trading has a lot of rise and fall, so being emotional can distract you, so better if you try to learn as much as you can about trading and don’t think negative about trading it has a lot profit but only needs patience, skills and some basic information, never sell at panic trust yourself and your trading skills so you will appear as good trader in market. Traditional trading and modern trading are both profitable but people are making most possible profit in the modern technological market by following strategies and rules. If you are new here with your first attempt then do not consider it as an abortive attempt and do not make it as well because you can get success buy following the rules and procedure of market for trading. Following the rules and procedures of the market is actually easy to do but every new traders in the market who saw their coins dropping will automatically sell their coins at the lowest price which will make the value of bitcoins in the market to dump. Trading is separated from signature campaigns, you may earn from signature campaigns but what you can do with these money usually goes to the exchange fee or really a small amount of coins but saying the truth it doesn't make you reach but it give you pocket money and paying the fees, usually. The tokens that those campaigns or as known as bounties are good, they may sound that they are giving really cheap money to their users but after a while we see that their token value increases and makes the users richer than they thought! You are right most of money get to use for paying bill but mate look we are earning high as well in this situation we need to have trading skills which is only possible because of joining campaigns like bounty and signature campaign, it will increase our knowledge and knowledge is the only important thing we need for trading, so I would suggest you to increase your knowledge about trading and get more trading skills for better profit.
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Guideare
Newbie
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Activity: 78
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September 17, 2018, 10:15:20 AM |
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As a trader, do not put an emotions in trading because it was very risky. Make a move as what you have learned. For me, trading is for persons who is so patience, knows how to wait because there is a time for you to come to earn profits in trading.
You are absolutely right in trading you will have to use your mind not your heart because trading has a lot of rise and fall, so being emotional can distract you, so better if you try to learn as much as you can about trading and don’t think negative about trading it has a lot profit but only needs patience, skills and some basic information, never sell at panic trust yourself and your trading skills so you will appear as good trader in market. Traditional trading and modern trading are both profitable but people are making most possible profit in the modern technological market by following strategies and rules. If you are new here with your first attempt then do not consider it as an abortive attempt and do not make it as well because you can get success buy following the rules and procedure of market for trading. Following the rules and procedures of the market is actually easy to do but every new traders in the market who saw their coins dropping will automatically sell their coins at the lowest price which will make the value of bitcoins in the market to dump. Trading is separated from signature campaigns, you may earn from signature campaigns but what you can do with these money usually goes to the exchange fee or really a small amount of coins but saying the truth it doesn't make you reach but it give you pocket money and paying the fees, usually. The tokens that those campaigns or as known as bounties are good, they may sound that they are giving really cheap money to their users but after a while we see that their token value increases and makes the users richer than they thought! First of all you should understand what cryptocurrency is, then you should collect data about crypto trading, then spend some time with a trading expert if possible and then start with small investment and from low price coins. With the passage of time you will gain experience and skills about affective trading and one day you will become successful trader but don’t be emotional and be determined.
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gurang
Jr. Member
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Activity: 350
Merit: 2
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September 17, 2018, 10:27:52 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 ?
The trader does not want to get rid of this mistake so all you need to do is to think wisely and be careful on what situation that you have just trust on yourself and continue what you have right now
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ethereumhunter
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September 17, 2018, 01:18:13 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 ?
The trader does not want to get rid of this mistake so all you need to do is to think wisely and be careful on what situation that you have just trust on yourself and continue what you have right now besides that, don't forget to always analyze the coins before you decide to buy because I am sure that you want to prevent from losing your money. maybe you can try to learn about how to make analysis first, then you can try to buy with the small amount to see your chance to make a profit. and then if you can make a profit, maybe you can increase the amount and keep analyze the coin so you can have another chance to make a profit again.
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Kasabus
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September 17, 2018, 01:43:03 PM |
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Trading is such a risky thing! I don't think that there are many things that can cut the risk actually...just build up your experience and understanding of the market, this will really cut your risks.
May we can learn a lot from our experience and could create our own strategies rather than of depending on others. To maximize our learnings, we need to take the risk and see what will be the result applying those strategies we have and evaluate what is good for the market today.
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legenduim
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September 18, 2018, 04:16:17 PM |
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Trading is such a risky thing! I don't think that there are many things that can cut the risk actually...just build up your experience and understanding of the market, this will really cut your risks.
You take risks when you start trading knowing nothing about this business. It is better to spend more time on learning everything connected with the crypto and then begin your activities.
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KingdomHearts
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September 20, 2018, 10:18:21 AM |
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You need to have a strategy you use in trading. You must be disciplined and always follow your strategy very well. Also, do not take much risk per trade. Use minimal risk per trade
Choose Bitcoin if the clouds of your saving is large and if it is not large then you can choose next to it like Ethereum also for long term. There are several other coins which are best for short term so you can proceed for Litecoin as well. Always buy in low market of any coin so that you may not need to use more money in order to get it. In order to sell it you have to choose one of the best exchanges in the world which are Binance and Bittrex etc.
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tbterryboy
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September 21, 2018, 06:51:39 AM |
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You need to have a strategy you use in trading. You must be disciplined and always follow your strategy very well. Also, do not take much risk per trade. Use minimal risk per trade
Choose Bitcoin if the clouds of your saving is large and if it is not large then you can choose next to it like Ethereum also for long term. There are several other coins which are best for short term so you can proceed for Litecoin as well. Always buy in low market of any coin so that you may not need to use more money in order to get it. In order to sell it you have to choose one of the best exchanges in the world which are Binance and Bittrex etc. For trading we need to make good plans in different times according to conditions so that we may be able to reach at our destination or target but it requires your best knowledge in order to take care of everything in different market conditions. If it is Bitcoin then you have to take great care of everything are are necessary in it for you are here to make some money in the most profitable source.
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tarpa07
Member
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Activity: 194
Merit: 10
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September 22, 2018, 04:52:21 PM |
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People always make a common mistake in his trading. Number one and common issue is over trading because when people lose some money and on that time they are trying to start recovering his money so they are start again trading so they lose money. Never try to recover you money if you lose in your trading, if you lose again and again three trade so stop trading on that day.
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shashikamal
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Activity: 197
Merit: 10
dApps Development Automation Platform
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September 22, 2018, 05:11:21 PM |
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The first thing is your knowledge on trading. Sometimes luck keeps you in great position. But not always. Money management is one of the most vital factors that many don't do. If you invest a huge amount of money in a highly fluctuation field like Crypto you will be ending up with huge loss or disappointment. If you are able to hold for long term there was a time to buy some alts. even in the near future market will be down. Collect some good top 10 or 15 coins for about one or two years. If you do day trading book your profit from 5% -10% has no much movement in these days. Avoid emotions & stick to theory you learnt. Don't brake the theory with emotion. Good luck.
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NorihiroName
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September 22, 2018, 07:24:43 PM |
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Don't make "hot" decisions, don't go for low-trusted signals, don't trade on shady exchanges and build your experience up.
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nidacoinlove
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September 22, 2018, 07:31:58 PM |
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Don't make "hot" decisions, don't go for low-trusted signals, don't trade on shady exchanges and build your experience up.
Yeah make it your habit to avoid buying in such a time when everyone is running for it. Another thing that most of our new traders don't care about is they invest blindly, so never ever trust anyone's suggestion without a prior homework. Before going into trade it is very necessary to decide whether it will be a long term or a short term trade for you. If it's a short term never compromise on technical analysis, in other case it should be a fundamental analysis that can help you with concrete power in your decision.
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StairsGold(STG)
Newbie
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Activity: 52
Merit: 0
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September 22, 2018, 08:05:20 PM |
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Honestly, a good trader also experiences to lose their investment, all here in cryptocurrency are risky you must be smart and don't believe in any promises.
The only coins that I could suggest you that can reduce the risk of losing your investment is to choose the coin, which is mostly used by many people or choose a coin, which is on the top 10 in coinmarketcap all of them are less risk than you are investing in new ICO's or new coins because it's too risky so avoid investing in them.
Also, make 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.
excellent advice
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karavay_71
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Activity: 228
Merit: 10
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September 22, 2018, 09:07:05 PM |
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I would recommend everyone to train with small amounts at different exchanges (like 10-30$ per certain token/exchange) and step by step learn the market.
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RiskySanchez
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September 22, 2018, 09:49:22 PM |
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never sell your coin too high or low, sell it at the right price and think you have a pretty good profit. do not become greedy and enjoy every thing that might be our reference for trading
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Johnyz
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September 22, 2018, 09:52:09 PM |
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never sell your coin too high or low, sell it at the right price and think you have a pretty good profit. do not become greedy and enjoy every thing that might be our reference for trading
Always set your target price, so you will not lose the opportunity to exit the market. In trading, its not about making huge profit its about consistently trading without loses. Yes its hard, but if you focus on learning more about trading its possible not to incur big loses.
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Zipposs
Newbie
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Activity: 82
Merit: 0
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September 23, 2018, 08:27:07 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 will share with you my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour. It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
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