swscowods
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August 06, 2018, 08:23:31 AM |
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The average trader is constantly faced with the challenge of greed and impatience. They want to make it so quick without integrating proper risk management. This is what is responsible for the huge losses. With proper risk management and sound education, one is bound to be profitable on the long run
There are certain issues which almost all of the investors are facing regarding that of the crypto currency and that there is no such fault of the crypto currencies in that. It is just the fault of the investors and opting for the wrong way to deal with the things at tough situation which then lead them to the loss of money and that because of which they decide to quit doing that.
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richmcrich
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August 07, 2018, 05:26:12 AM |
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loss is a very valuable lesson, where when we loss we can analyze why and why from there we can know our mistakes and can fix them to improve our skills in trading I believe all traders must have loss and the solution how to cover the loss with the profit that we can
Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher.
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roorgelak
Jr. Member
Offline
Activity: 31
Merit: 1
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August 07, 2018, 07:00:05 AM |
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By the way strategy is the most important mate not just knowledge 'cause its not enough especially on this risky situation of market. if i was you try to watch some trading skills ,and strategies on youtube so that you can obtain and you can build your own strategy as well. But always put some efforts onnit mate 'cause it's for the sake of your capital which is you can't regain it after doing mistakes. So think first before anything . .
Many people think bitcoin trading is an easy task but the hard truth is that trading is not a bed of roses and it is a tough task.
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bitcoinrays
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August 07, 2018, 07:13:30 AM |
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I think, to trade cryptocurrency on large for all the money is risky, you first need to test the soil with small trades to see. Only then when you gain experience to trade and large deals. Trading strategy is developed its own.
Not only trading but any new thing or work that you are going to start, definitely it needs some practice at home and then someone should dive into real world. For trading, there are many demo trading scenarios. People must check their potential and strategies out there first and then there next move should be determined. Better to handle risk with cool mind.
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ethereumhunter
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August 07, 2018, 07:24:44 AM |
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By the way strategy is the most important mate not just knowledge 'cause its not enough especially on this risky situation of market. if i was you try to watch some trading skills ,and strategies on youtube so that you can obtain and you can build your own strategy as well. But always put some efforts onnit mate 'cause it's for the sake of your capital which is you can't regain it after doing mistakes. So think first before anything . .
Many people think bitcoin trading is an easy task but the hard truth is that trading is not a bed of roses and it is a tough task. without learning some basic tutorial about bitcoin trading, we cannot make a profit and even we cannot determine a good price to buy and sell. besides that, we don't know how to make a strategy that will help us to survive in the market especially when the market is going to down. and with the strategies, we can make a solution to get out from the bad situations and we can also try to still make a profit. it is easy to say but it hard to do and we need more than an effort to start to learn about bitcoin trading.
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cryptolet
Newbie
Offline
Activity: 229
Merit: 0
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August 08, 2018, 05:48:39 AM |
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You do not need to give up too quickly but to persevere until you make your profit and be confident about your self.
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Baggong
Member
Offline
Activity: 247
Merit: 10
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August 08, 2018, 06:05:06 AM |
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The difficult thing is to make money continue to grow, many people make trading the main job so they do everything, but I suggest to spend time in learning so that you can get maximum profit.
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jrrsparkles
Sr. Member
Offline
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
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August 08, 2018, 06:49:18 AM |
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Most of the traders lose their funds simply because of no strategy while trading and very greedy as well,if you are a professional trader then you must aim for many trades with lower profits but we are looking for that one trade with 200% return where most of the traders failing.
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chocolah29
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August 08, 2018, 08:01:36 AM |
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loss is a very valuable lesson, where when we loss we can analyze why and why from there we can know our mistakes and can fix them to improve our skills in trading I believe all traders must have loss and the solution how to cover the loss with the profit that we can
Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher. That's fine when you can tolerate your losses. But what if we lose more than we win, maybe something isn't meant for you. And we should wake up from our aspiring to profit big like we should know when to hold either let go. And yes if you can tolerate your losses then continue and I just hope that you still wake up one morning that you still have money on your pocket.
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nidacoinlove
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August 08, 2018, 08:17:14 AM |
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loss is a very valuable lesson, where when we loss we can analyze why and why from there we can know our mistakes and can fix them to improve our skills in trading I believe all traders must have loss and the solution how to cover the loss with the profit that we can
Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher. That's fine when you can tolerate your losses. But what if we lose more than we win, maybe something isn't meant for you. And we should wake up from our aspiring to profit big like we should know when to hold either let go. And yes if you can tolerate your losses then continue and I just hope that you still wake up one morning that you still have money on your pocket. Lemme tell you what most of us do is that we forget the rules of trading. The #1 rule of trading is that invest the amount you can afford to lose. If you follow this rule I hope you will never ever face any of the problems like empty pocket. So, when you be yourself and has the ability to learn you will definitely succeed but never ever think that the money you have invested in crypto is a bank deposit. It's a way risky earning and if you don't have the balls to go for the risk then you are on the wrong platform. There are people who get interest on their principal money from the banks, unfortunately they are the one who think they get the profit but they are the looser. How? You can't withdraw you funds for a certain period of time, no matter if there is any other opportunity of growth. People thought that trading is an easy money earning source but I am glad now the minds has changed. We will see some real time traders in the future who has risked their investment and they will definitely be successful.
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Panetymerni
Newbie
Offline
Activity: 60
Merit: 0
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August 08, 2018, 10:48:08 AM |
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Don't be influenced by opinions on the internet. What matters is how you approach trading and if your consistent in your strategies.
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katrimans
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August 08, 2018, 11:06:47 AM |
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loss is a very valuable lesson, where when we loss we can analyze why and why from there we can know our mistakes and can fix them to improve our skills in trading I believe all traders must have loss and the solution how to cover the loss with the profit that we can
Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher. There come certain times when it becomes difficult for me to make any kind of profit and that I lose my money too but I never regretted over that. The only reason behind that is every time l lose my money, I learn some good lesson which then helps me in making better strategies in the future. It is better to learn from the mistakes than to think of quitting your job.
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Ctn
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August 08, 2018, 11:17:27 AM |
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On the contrary I am earning most of the money from trading only mate, may be 90% of it is coming from the trading. Trading is said to be risky and yes I agree on that a lot because I have myself lost huge in the beginning when I used to trade like crazy. But I never thought that trading is simple job with patience is the key in it. You need to give lot of time for this market to understand you and vice versa. The simple need is here to gain the trust of each project that you are interested in and keep updating yourself with it after you buy their coins and put a call button at work! You just have to be patient to see where the market leads and work accordingly.
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damberg
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August 08, 2018, 12:11:46 PM |
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On the contrary I am earning most of the money from trading only mate, may be 90% of it is coming from the trading. Trading is said to be risky and yes I agree on that a lot because I have myself lost huge in the beginning when I used to trade like crazy. But I never thought that trading is simple job with patience is the key in it. You need to give lot of time for this market to understand you and vice versa. The simple need is here to gain the trust of each project that you are interested in and keep updating yourself with it after you buy their coins and put a call button at work! You just have to be patient to see where the market leads and work accordingly. I have been in a very similar situation (trading financial assets for years), and patience is really what separates poor from rich. It sounds like you have been trading successfully even during the recent bear period, haven't you? I would like to know if you shorted the market (margin trading) or picked some quality projects that went against the overall trend.
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letecia012
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August 08, 2018, 01:07:56 PM |
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Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
For beginner it should be like on that way but as your trade goes by you may learn how to do a winning trade. trading is not all about buying and selling but your mental analytical skills when to enter and get out in the market. patience and greed have a big factor for your success and fail in trading market.
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painting_money
Newbie
Offline
Activity: 83
Merit: 0
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August 08, 2018, 01:22:51 PM |
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To invest in this market is not as simple as people often leave the money to invest in waiting for the price increase will sell. This market is not easy to get such a profit. But if you are a knowledgeable person, this is the market that will make you profitable.
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BabyBoss
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August 08, 2018, 01:28:53 PM |
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Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
Actually thats true buddy. Trading is one of the most hardest part this is really gambling of course you need to gamble in order to win but losing is part of the game you must expect that but the true strategy that is very effective is to wait patiently.
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Harlot
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August 08, 2018, 01:47:03 PM |
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It could be awesome if you can back up with some interesting data on your numbers you have mentioned. 90% is pretty unbelievable even for a volatile market like the cryptocurrency market. Like you just have said you are self-though which maybe you are just assuming some rough estimates regarding on what you just have watched based on what you said. To begin with you don't really need to start trading in the market especially if you don't have any experience trading with other markets such as the stock market as the crypto market will really eat your capital alive. Remember that education comes first before risking your money in any kind of investment.
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astrong
Jr. Member
Offline
Activity: 160
Merit: 3
Aku belum mandi Taktuntuang Taktuntuang
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August 08, 2018, 02:26:10 PM |
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this is very natural and I don't doubt the truth. The average new trader always loses, even after a long time is also still experiencing losses. Trading in my opinion is almost like gambling, profit and loss will make us feel curious and want to do it again. Especially new traders who do not understand technical and fundamental analysis. After they find out, they will still be curious to practice it directly. And another big problem is they can't wait to do hodling and prefer to cut losses so they will be mocked by the market situation.
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developer101dev
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August 08, 2018, 02:42:34 PM |
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this is very natural and I don't doubt the truth. The average new trader always loses, even after a long time is also still experiencing losses. Trading in my opinion is almost like gambling, profit and loss will make us feel curious and want to do it again. Especially new traders who do not understand technical and fundamental analysis. After they find out, they will still be curious to practice it directly. And another big problem is they can't wait to do hodling and prefer to cut losses so they will be mocked by the market situation.
Trading is actually the same as gambling but with lesser risk and you will always have a chance to get back your investments depending on how the market runs, this is the reason why people is still keep on investing.
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