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Author Topic: Learning to trade  (Read 18600 times)
BitBustah
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April 18, 2019, 05:02:08 PM
 #221

In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.
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April 19, 2019, 03:36:53 AM
 #222

In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.









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Distinctin
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April 19, 2019, 04:22:33 AM
 #223

I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

Keep trading with the small capital hence you will get experience day by day which I am sure will give you more knowledge to improve your trading skill. Lose and win in trading is so common and we should learn from our previous experience to get better result in the future.
That has to be the mindset, we have to take it slow, step by step then go aggressive once we are confident we already have the skills to be profitable.
We always loss when we are still starting, so it's necessary the risk exposure is low because losing might disappoint us if we don't learn how to manage our trading funds effectively.
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April 19, 2019, 05:33:53 AM
 #224

I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

Keep trading with the small capital hence you will get experience day by day which I am sure will give you more knowledge to improve your trading skill. Lose and win in trading is so common and we should learn from our previous experience to get better result in the future.
That has to be the mindset, we have to take it slow, step by step then go aggressive once we are confident we already have the skills to be profitable.
We always loss when we are still starting, so it's necessary the risk exposure is low because losing might disappoint us if we don't learn how to manage our trading funds effectively.
About loss is something that must concerned by people. Because some new traders that i see in my community already trauma even they loss on their first time. Actually i understand if they get that because their capital when start is a little and it is all they have.

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spadormie
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April 19, 2019, 06:30:08 PM
 #225

In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.
Talking about holding does not mean bitcoin. You can try holding other coins that has a bright future like Ethereum. And you can have a strong hold on that coin and wait for it to go boom in order to take profit. It means that bitcoin isn't the only coin to hold for long term.




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ChronoLite
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April 19, 2019, 06:55:10 PM
 #226

In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.
Talking about holding does not mean bitcoin. You can try holding other coins that has a bright future like Ethereum. And you can have a strong hold on that coin and wait for it to go boom in order to take profit. It means that bitcoin isn't the only coin to hold for long term.
How about holding more than 2 altcons? So when the price of one coin is fall down then you have at least one coin to make as a backup so you can recover your losses from there. I think that is a well common trick of trader

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April 19, 2019, 07:28:39 PM
 #227

Here market runs more on news than technical analysis. I have seen coins getting pumped whenever there is some rumour or news around. They defy TA then. Also, market is badly dependent on btc price movement. So, I would say keep an eye on news more than charts. Jump in a coin if it is any development update, partnership or listing. Easy 10-20% in a day.
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April 19, 2019, 07:35:54 PM
 #228

I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
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April 19, 2019, 07:48:20 PM
 #229

Trading is not very difficult, if you know how to do it Smiley Grin For example, I found a good review from a person who is professionally engaged in trading on a crypto market. I follow his channel and repeat his actions. Little by little, I am learning to understand this large ocean of commerce. I also found a good project that already benefits, it makes roaming available around the world, I think that there will be a big profit.
That is nice. This is how you start learning things by imitating people and absorbing the skills. Trading however is more profitable if you have an overall insight into the crypto market. It is not just one coin and so many and in order to trade multiple coins, you would need different strategies and plans so yeah, master this one and later on, take on the others.
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April 19, 2019, 09:15:43 PM
 #230

I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry
do not worry. You had the first few successful deals. But don't stop, continue to create your own investment strategy. Do not ask anyone's opinion, you can read the newspaper and make your own decisions. Wink
Yes you can get news about many coins from newspaper, it will help us to take decision, to learn trading it is very important to gain knowledge more and more, trading has allot of profit for us, those who can learn trading using google, YouTube and other internet resources, use them and gain knowledge about trading to have profit in future,
hahay
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April 19, 2019, 09:46:46 PM
 #231

Trading is not very difficult, if you know how to do it Smiley Grin For example, I found a good review from a person who is professionally engaged in trading on a crypto market. I follow his channel and repeat his actions. Little by little, I am learning to understand this large ocean of commerce. I also found a good project that already benefits, it makes roaming available around the world, I think that there will be a big profit.
That is nice. This is how you start learning things by imitating people and absorbing the skills. Trading however is more profitable if you have an overall insight into the crypto market. It is not just one coin and so many and in order to trade multiple coins, you would need different strategies and plans so yeah, master this one and later on, take on the others.
That is one learning that must be done by someone who wants to start trading, at least after he has gained valuable experience in the beginning it will make him have other plans for further actions which certainly already have insight into the trade that has been obtained before. Learning to trade has many usual ways to attention to the movement of the chart first and or will try it with money that can lose, so you can have further plans for profit.

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Nifflerco
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April 19, 2019, 11:56:45 PM
 #232

First of all I recommend starting with trading simulator so you could get used to volatility

Earn money by paper trading with play dollars - Crypto Parrot (https://cryptoparrot.com)
Japinat
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April 20, 2019, 03:31:24 AM
 #233

I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
You have to learn from your mistake, but you will not know if you commit a mistake if you don't have a trading plan.
It all comes with a trading plan first, it's like a theory that you will implement into actual and you will know if it's working or not.
From time to time you have to change your strategy as it could not work anymore, that's why you need to spend time in trading.

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bonker
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April 20, 2019, 01:09:59 PM
 #234

First of all I recommend starting with trading simulator so you could get used to volatility
Only if you can't afford any money for learning,but doing it practically will be the real challenge than doing on simulators because in real we need to handle so much of pressure and fear of losing our money but in simulators we will not be in that situation.

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WALLET




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dat.ho12492
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April 20, 2019, 02:01:57 PM
 #235

I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
I like the method based on background knowledge then practice, through mistakes and growth, although it will probably take a long time but the skill and experience of the trader will be better and more perfect in this process. Finding a teacher to teach us about trading is also a good method but we should understand that with their help, our skills and experience will be very slow to develop when they always guide us with good roads and less thorns

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pant-79
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April 20, 2019, 02:02:22 PM
 #236

I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

Each trader will have a certain path to success.
The first stage: is trading in a minus.
The second stage: is trading to zero.
The third stage: trading in a small plus.
The third stage: trade in a big plus.
Not all traders can reach every next stage. But having the above scheme before your eyes, it will be easier to achieve success. Each stage requires tremendous knowledge from the trader, improvement of skills and constant practice.
You need to constantly study the new information about trading, and then be sure to consolidate knowledge in practice. Gradually, you will form your own tactics and trading strategy. Good luck.
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April 20, 2019, 02:37:41 PM
 #237

I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
You have to learn from your mistake, but you will not know if you commit a mistake if you don't have a trading plan.
It all comes with a trading plan first, it's like a theory that you will implement into actual and you will know if it's working or not.
From time to time you have to change your strategy as it could not work anymore, that's why you need to spend time in trading.
That is a good advice. Taking the risks and making mistakes are all part of the game, we should know how to handle the loss and take the lesson that we can get from the mistakes that we have done. Trading is an awesome thing to do and some of the traders are making a lot of money day to day basis by just sitting in front of their computer and doing trading.

 
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April 20, 2019, 04:21:11 PM
 #238

In trading crypto currencies should be viewed from two sides, namely in terms of price and value. Meanwhile, the crypto price presented at this time seems to be purely influenced by factors of supply, demand and positive news related to said cryptocurrency.

First of all I recommend starting with trading simulator so you could get used to volatility
Only if you can't afford any money for learning,but doing it practically will be the real challenge than doing on simulators because in real we need to handle so much of pressure and fear of losing our money but in simulators we will not be in that situation.

That's right, because with simulators we will never feel the challenge both when we get profit and loss, which we can actually make as an experience. In my opinion, experience's also one of the supporting factors that can make us successful when running a trade. Although it may not be simple, but it plays an important role especially for market participants because it's a clue that can revive your knowledge.

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April 20, 2019, 04:54:43 PM
 #239

In trading crypto currencies should be viewed from two sides, namely in terms of price and value. Meanwhile, the crypto price presented at this time seems to be purely influenced by factors of supply, demand and positive news related to said cryptocurrency.

First of all I recommend starting with trading simulator so you could get used to volatility
Only if you can't afford any money for learning,but doing it practically will be the real challenge than doing on simulators because in real we need to handle so much of pressure and fear of losing our money but in simulators we will not be in that situation.

That's right, because with simulators we will never feel the challenge both when we get profit and loss, which we can actually make as an experience. In my opinion, experience's also one of the supporting factors that can make us successful when running a trade. Although it may not be simple, but it plays an important role especially for market participants because it's a clue that can revive your knowledge.


I have been learning to trade for two years now and have been making a lot of mistakes. I can not force myself to put a stop los to reduce the risks. I think it is very important to be disciplined for successful trading. Always put a stop and do not dream of super profits. It is necessary to be content with small earnings (5-10%) and then everything will be fine.



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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jak3
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April 21, 2019, 05:18:28 AM
 #240

just do what everyone is doing, simply keep trading with low amounts. The practice is the main target right now instead of just jumping into the real stuff. when you are really confident in your skills to make a real profit then you can start the real trading and believe in your skills. stay fearless and have patience, these are some basic things every good trader does and by the way, do not spend your whole life in trading spend some time in the fresh air too. investing your time in trading and balancing your life both are very important and should have good priorities.
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