leowonderful
Legendary
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Activity: 1624
Merit: 1130
Bitcoin FTW!
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August 31, 2018, 01:27:18 AM |
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Read up on trading a bit online, then try to gain experience in trading through small amounts of money at first and/or utilizing demo trading accounts on exchanges that support it to figure it all out. If you just go straight in with all you can afford, you may as well be gambling. Trading takes time and experience to learn, and even then things can become tough. You won't learn how to trade in a day like some people have claimed to do, but you'll get there if you have persistence and the drive to actually learn how to trade.
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Zalura
Newbie
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Activity: 73
Merit: 0
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August 31, 2018, 01:39:46 AM Last edit: September 16, 2018, 12:58:21 PM by Zalura |
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Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
first in the world of buying and selling criptocurrency we should really know what crypto is, maybe by the way we often ask for input from the temperature and often we often discuss we must make a careful observation of the movements that are happening and what potential we can look for, choose coins that have the most potential to go up do not let us make the wrong step, because the risk of loss that we will get is very large, play it safe and start buying coins which are popular all over the world, indeed the benefits may not be many but the potential loss is also small, congratulations try...
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eiijee160613 (OP)
Member
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Activity: 448
Merit: 11
Staker.network - POS Smart Contract ETH Token
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August 31, 2018, 01:50:10 AM |
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Thanks buddy it will be a good a good starting to me with this information, i will start to this one https://testnet.bitmex.com
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gayan777
Member
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Activity: 420
Merit: 11
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August 31, 2018, 02:19:45 AM |
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If you are trying to day trade, you will have to learn how to time it out. You need to have extreme discipline as well. It's very easy to be excited about a coin, thinking it will keep rising. If a coin has dipped, that is typically the time to buy in.
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manggis97
Member
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Activity: 476
Merit: 10
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August 31, 2018, 02:23:51 AM |
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When i first interesting about trading, every day i spend times to learn it on the youtube video and from some blog, actually we can learn trade just by self without going to the trading cource. The most important thing is learn more how to understanding price action and to determine level support and resistance. Firstly we should learn trade in demo account to avoid risk lossing money.
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Pattart
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August 31, 2018, 02:26:06 AM |
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Read up on trading a bit online, then try to gain experience in trading through small amounts of money at first and/or utilizing demo trading accounts on exchanges that support it to figure it all out. If you just go straight in with all you can afford, you may as well be gambling. Trading takes time and experience to learn, and even then things can become tough. You won't learn how to trade in a day like some people have claimed to do, but you'll get there if you have persistence and the drive to actually learn how to trade.
Thats right buddy, learn and practice first will be highly recommended so that you have the skills before trying to trade in real, without trainy and learning that you might be just like gambling, many people do that, thats why a lot of panic happens on the market..
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websoftwareengineer
Full Member
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Activity: 364
Merit: 100
Blockchain with VTOS energy
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August 31, 2018, 08:27:06 AM |
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When i first interesting about trading, every day i spend times to learn it on the youtube video and from some blog, actually we can learn trade just by self without going to the trading cource. The most important thing is learn more how to understanding price action and to determine level support and resistance. Firstly we should learn trade in demo account to avoid risk lossing money.
In my own opinion, trading is very simple and the only problem is the traders who are selling their coins at the lowest price every time the market prices are dropping so hard.
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Bennix
Copper Member
Jr. Member
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Activity: 210
Merit: 1
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August 31, 2018, 08:56:04 AM |
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I started by studing technical analysis and fundamental analysis after which I choose to use MACD and RSI in trading. I also started by trading using 50 dollars,and learning how to use cryptoexchange plus knowing how to adjust the satoshi value of the coins I am about to trade. I used short time frame to make my entry point ,and use long time frame to see if there is going to be uptrend of the coins I bought.This helps me to exit the market if I see that a coin has been bought so much on daily chart or more. ;)I also start trading by finding the pairs i want to trade reason is that for a coin to appreciate in value there must be a use case, and at the same time be among the top 200 coins/tokens. I get the fundamental of the coins/tokens for that week because this helps in trading. I check the market direction if it is bullish (bitcoin is sideways/consolidating)and the coin/tokens I want to buy are at support ,I buy the coins,but if they are at resistance I wait for the coins to come down to support.
If the coins/tokens I bought are at resistance I sell the coins,but if not,I wait till the coins are at closer to resistance. Finally,I am very patient because I was taught that it is better to have two successful trade in a month than trading many ,and loosing many trade.
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TheUltraElite
Legendary
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Activity: 3066
Merit: 1330
Going to reach LEET merits soon!
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August 31, 2018, 09:15:03 AM |
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If you are trying to day trade, you will have to learn how to time it out. You need to have extreme discipline as well. It's very easy to be excited about a coin, thinking it will keep rising. If a coin has dipped, that is typically the time to buy in.
Day trading is not easy. You need to analyse the RSI and stochastic RSI along with other market indicators to have an idea of where the market is moving. Alternatively you could join a telegram pump and dump group and follow the signals but then you will lose more money than you make because the group owners actually trade in the opposite side. You could take advantage of this and try to sell when they say pump and so on. But doing so is risky. In my own opinion, trading is very simple and the only problem is the traders who are selling their coins at the lowest price every time the market prices are dropping so hard. If you have never done it then obviously it will seem simple. Try some trading by your own hands and then talk about it.
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Aikidoka
Sr. Member
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Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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August 31, 2018, 09:32:47 AM |
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Trading is neither easy nor hard. It is in between and it depends on the trader whether he is a professional or a beginner. The first thing you have to do is to make as much researches as you about the whole market. You could learn first about the definition of trading and what is the nature of it. After you make your researches, ask about people's opinions because they can help, and then sit down with yourself and come up with a wise decision.
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iv4n
Legendary
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Activity: 3332
Merit: 1191
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August 31, 2018, 09:50:58 AM |
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Trading is neither easy nor hard. It is in between and it depends on the trader whether he is a professional or a beginner. The first thing you have to do is to make as much researches as you about the whole market. You could learn first about the definition of trading and what is the nature of it. After you make your researches, ask about people's opinions because they can help, and then sit down with yourself and come up with a wise decision.
You explained a process but in reality trading is one decision made in hurry based on days of researching. Wise decision or failure, you will know after some time, before everything you have is bankroll and big wish for making profit. It's easy to start with trading, it's hard to make profit. I wouldn't trust everyone, you should concentrate on finding reliable sources of informations, you need to have money or bitcoins, make a plan what you wish to earn money or bitcoins or something else, and wait for the moment to get in and get out, perfect getting in and out is guarantee for maximum profit, but can you hit that perfect moment? With more practice you will learn how to recognize good moments and from that point just follow your instincts.
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kopamo
Newbie
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Activity: 93
Merit: 0
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August 31, 2018, 09:53:51 AM |
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Trade is very risky for newbie. I think they learn how to trade and learn some skill. If you learn some skill about trading then trade become easy for you
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1000 years
Member
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Activity: 208
Merit: 10
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August 31, 2018, 11:39:49 AM |
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I really feel what you feel. A few tips from me for those who want to start trading. 1. Don't buy coins if you don't have another market benchmark. 2. Don't panic quickly if prices go down. Even though I myself still panic. 3. Don't be greedy. Take profit if it's enough. Play coins according to your goals, whether you want to invest or want to trade 4. Don't forget alms: D Good luck
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Avengers360
Newbie
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Activity: 28
Merit: 0
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August 31, 2018, 11:51:34 AM |
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Learning, more learning, demo trading, more learning. Select a strategy that works for you, sharpen your skills. Practice with it. Never go into live trading until you register a high success rate on Demo. Start small, (little capital), more practice.
And then learning, practicing, repeating.
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solarion
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August 31, 2018, 11:56:19 AM |
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First tell me whether you surfed around on this forum or Google search. If you checked any of these places all the things will their in the form or article or videos there. I really do not know from where all you guys coming up and spamming bitcointalk with million time asked questions.
If you want to invest on trading go to anyone trading site and invest your money directly and test yourself. Don't do shit post to make the other to do the spams here.
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Evil eye
Jr. Member
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Activity: 210
Merit: 1
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August 31, 2018, 12:31:58 PM |
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Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
You can learn something for trading. For know trading rules you can follow on youtube videos. You should see some video with carefully. then you go to a exchange martket .There are many exchange market are running in this time. At first you choose a market and open a trading account then you can start trading your style.
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Sony.UK
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August 31, 2018, 03:15:57 PM |
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Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Many peoples are ask the same question in many times so better you should check this forum you will get good results in trading strategies. Because lack of concentration in trading platform is not supporting for future trading so better you should plan your trading this will make good start in this platform.
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BariaczRoni
Member
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Activity: 266
Merit: 10
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August 31, 2018, 04:22:30 PM |
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First you need to learn how to analyze market, coin, chart, ... through channels such as YOUTUBE and GOOGLE. Next you have to follow the project and set a plan for your own. Finally, use a little capital to start trading and learn more experience
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KuromaYoichi
Sr. Member
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Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
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August 31, 2018, 04:28:58 PM |
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I start by reading a lot of basic stuff, i used to read investopedia a lot to learn about the basic thing and after i understand most of them, i start learning about TA and do some small trades, i lose quite a lot at the start but after keep learning about TA, comparing my analysis to others at trading view i become much better at trading.
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BitcoinTurk
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August 31, 2018, 04:33:20 PM |
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Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Firstly, when I started to trade in this sector, the market volume was so low that the price levels did not change as fast as it is now. Speaking of those times, the market could be easily manipulated, but prices did not increase very seriously. When I started my first commercial, I was studying in the last year of high school and there was not much investment budget at that time. I gradually increased my existing money and started to get more experienced every day. After that, I had enough experience and I entered professional trade life. When I first started doing this job, I lost a lot of money, but I finally got the necessary experience and information. In the past, commercial knowledge could have gained much more profits in the past, and I could make much larger investments.
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