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Author Topic: Suggestion for trading  (Read 3308 times)
BitcoinTurk
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October 01, 2018, 07:39:23 AM
 #381

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 first condition of being a good trader is to act in line with your experience and not to do wrong in case of panic. Making the right transactions in the right time, having information about every investment to be made and making the future price predictions correctly will definitely show that you are a successful trader, but there are two other important elements to be a successful trader. These two elements will be used with the same purpose and each will cause you to have different experiences. The two elements I mentioned are '' Stop-Loss '' and '' Take-Profit ''. Investors who use both options successfully will prove to be a successful trader. However, there is another point to be considered during the use of these features, which values ​​will be used in the range of values. Determining the correct rate and making the profit-loss rate at the most probable level is definitely the most important process.
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October 01, 2018, 07:46:08 AM
 #382

Indeed it is normal for a person to experience a loss when trading, and of course we can minimize that. And I think the only way is the accumulation of experience. When we have enough experience, our mistakes will be fewer, and that leads to fewer losses as well. Learning from theories alone won't produce any results, we need to practice and direct experience.
So my advice is to start trying and don't be afraid to fail. You'll find your own strategy in trading soon.
In start it is hard to make money from crypto trading because trading is no doubt very risky and you can lose your money if you take wrong decisions. It is also a fact that crypto trading is very profitable from all other sources of income but it is also very difficult to make money. Don’t be panic about the current situation of the market. This condition will soon come to an end.
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October 13, 2018, 08:42:04 AM
 #383

For the first you need to knows a main postulates of trading. Later to start sell with a small amount and doing amount bigger but gradually. Very main first year for not losing a deposit. Industriousness + patience = success.

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October 13, 2018, 01:03:06 PM
 #384

Try experimenting with low amounts and easy exchanges to be sure that you won't loose a lot of money, that's my only advise actually, other things are absolutely up to you.

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October 13, 2018, 01:18:08 PM
 #385

At first I would recommend to work with small amounts of $, gradually build your experience and understanding and only then you can go for 500$+ sums.

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