This will help to improve your trading

[steve57]

hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

2) learn about money management (i know you might have heard about this many times , this is a huge topic to explain )
in short

remember trading and investing is a business, you have to risk something to gain something ,
so here is what you can do , risk is in your hand and you dont know how much rewards you will get so all you can do is control your risk , so calculate your risks and then enter trades and wait with patience

at first your goal must be to protect your capital , and then protect your profits , dont risk everything
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

4) if you have got good profits then keep it as a back up capital , when there are bad days if you lose your capital this back up capital will help you

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

7) if you have entered trade by calculating risk then dont exit in middle wait for your targets , fluctuations are common

8 ) one of my friend told me this --- to keep track of trades
like why we lost that trade , why that trade reached its target,keep a record of this   and just go through this when you are free trust me it will help too much

9) everyday you will not be profitable so set a limit for loss everyday if it is reached than stop trading ( i have lost money before without doing this )

10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )

11) I know many of you have heard this points before , but remember until you dont put your personal interest and do trading by following rules nothing will change
and success is  not easy we must work-hard to achieve it    

12) i am sure if you follow this rules you will see changes in your trading ,

if any experienced traders do have some points that will help traders please highlight it


13)But remember, never put your eggs in one basket, this way even if one of your investments is on a down trend, you can still recover the loss from another investment. This point by (nydiacaskey01)

[1714829986]

1714829986

[1714829986]

1714829986

[Coyster]

This are known facts that many have put into practice and yet still incurred loss, that is to say no strategy is the best, or a sure one
Your points aren't too bad per se, they are fairly OK for one who's new to trading and probably hasn't read any guides whatsoever.

I think your best point is money management,its very essential and can ultimately reduce potential loss

[randythered]

This is mostly common sense trading tips but that doesn't detract from the usefulness. Any trader needs to be mindful of all of these things and more at all times.

For new traders following this advice won't mean they'll be successful, for that they'll need a lot more skill and knowledge of the markets. But it will help limit their losses or maximize their profits and that's why it's worthwhile advice for all to follow.

[Dimon8]

The tips are good, but they are formed by personal experience under your character traits. There are no specific rules and principles, following which will be a 100% positive result. All people are different and everyone has a different perception and understanding of some events and movements in the market, which means that everyone should determine the rules and sequence of actions for a particular market situation for themselves.

[bit:boy]

thanks for sharing your experience this rules are valuable for newbies   

[charlotte04]

hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

2) learn about money management (i know you might have heard about this many times , this is a huge topic to explain )
in short

remember trading and investing is a business, you have to risk something to gain something ,
so here is what you can do , risk is in your hand and you dont know how much rewards you will get so all you can do is control your risk , so calculate your risks and then enter trades and wait with patience

at first your goal must be to protect your capital , and then protect your profits , dont risk everything
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

4) if you have got good profits then keep it as a back up capital , when there are bad days if you lose your capital this back up capital will help you

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

7) if you have entered trade by calculating risk then dont exit in middle wait for your targets , fluctuations are common

8 ) one of my friend told me this --- to keep track of trades
like why we lost that trade , why that trade reached its target,keep a record of this   and just go through this when you are free trust me it will help too much

9) everyday you will not be profitable so set a limit for loss everyday if it is reached than stop trading ( i have lost money before without doing this )

10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )

11) I know many of you have heard this points before , but remember until you dont put your personal interest and do trading by following rules nothing will change
and success is  not easy we must work-hard to achieve it    

12) i am sure if you follow this rules you will see changes in your trading ,

if any experienced traders do have some points that will help traders please highlight it

There are a lot of tips for trading but I doubt that I could follow them all. I have been trading for several years now and still I am not that profitable.

[Question123]

It is very uselful for the newbie. Because being newbie trader there is hard what they next to do what is need to do and don't as a trader.
It can get and maybe they use trader that someday and it can possible to become successful them because of this.

[I am insane]

Good points really helpful for newbies

[ramesh770]

hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

2) learn about money management (i know you might have heard about this many times , this is a huge topic to explain )
in short

remember trading and investing is a business, you have to risk something to gain something ,
so here is what you can do , risk is in your hand and you dont know how much rewards you will get so all you can do is control your risk , so calculate your risks and then enter trades and wait with patience

at first your goal must be to protect your capital , and then protect your profits , dont risk everything
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

4) if you have got good profits then keep it as a back up capital , when there are bad days if you lose your capital this back up capital will help you

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

7) if you have entered trade by calculating risk then dont exit in middle wait for your targets , fluctuations are common

8 ) one of my friend told me this --- to keep track of trades
like why we lost that trade , why that trade reached its target,keep a record of this   and just go through this when you are free trust me it will help too much

9) everyday you will not be profitable so set a limit for loss everyday if it is reached than stop trading ( i have lost money before without doing this )

10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )

11) I know many of you have heard this points before , but remember until you dont put your personal interest and do trading by following rules nothing will change
and success is  not easy we must work-hard to achieve it    

12) i am sure if you follow this rules you will see changes in your trading ,

if any experienced traders do have some points that will help traders please highlight it

There are a lot of tips for trading but I doubt that I could follow them all. I have been trading for several years now and still I am not that profitable.

You were been trading for several years and still making loss, then i think you should quit trading and invest in long term form so that atleast you can make profit in this way.

[mabugaaj]

hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

2) learn about money management (i know you might have heard about this many times , this is a huge topic to explain )
in short

remember trading and investing is a business, you have to risk something to gain something ,
so here is what you can do , risk is in your hand and you dont know how much rewards you will get so all you can do is control your risk , so calculate your risks and then enter trades and wait with patience

at first your goal must be to protect your capital , and then protect your profits , dont risk everything
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

4) if you have got good profits then keep it as a back up capital , when there are bad days if you lose your capital this back up capital will help you

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

7) if you have entered trade by calculating risk then dont exit in middle wait for your targets , fluctuations are common

8 ) one of my friend told me this --- to keep track of trades
like why we lost that trade , why that trade reached its target,keep a record of this   and just go through this when you are free trust me it will help too much

9) everyday you will not be profitable so set a limit for loss everyday if it is reached than stop trading ( i have lost money before without doing this )

10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )

11) I know many of you have heard this points before , but remember until you dont put your personal interest and do trading by following rules nothing will change
and success is  not easy we must work-hard to achieve it    

12) i am sure if you follow this rules you will see changes in your trading ,

if any experienced traders do have some points that will help traders please highlight it

Really good rules. Also think in percentages, not in $/BTC, it's easier to be more objective.

[Lazada]

The tips are good, but they are formed by personal experience under your character traits. There are no specific rules and principles, following which will be a 100% positive result. All people are different and everyone has a different perception and understanding of some events and movements in the market, which means that everyone should determine the rules and sequence of actions for a particular market situation for themselves.

Everything can happen and in the world of trading there are many unexpected things. even though we apply a formula that is so good, this is something that is always changing and a situation that is in fact sometimes different from what is expected. Speed in making decisions will determine whether we succeed or not.

[AnthonyMark]

this is a great sharing. thank you alot

[medicalmiracle]

This is mostly common sense trading tips but that doesn't detract from the usefulness. Any trader needs to be mindful of all of these things and more at all times.

For new traders following this advice won't mean they'll be successful, for that they'll need a lot more skill and knowledge of the markets. But it will help limit their losses or maximize their profits and that's why it's worthwhile advice for all to follow.

Well what matters the most is the mindset. There are people who are very good advisers but they have no history of profits in the crypto. It is also about the risk taking trait that helps make money.

[randythered]

This is mostly common sense trading tips but that doesn't detract from the usefulness. Any trader needs to be mindful of all of these things and more at all times.

For new traders following this advice won't mean they'll be successful, for that they'll need a lot more skill and knowledge of the markets. But it will help limit their losses or maximize their profits and that's why it's worthwhile advice for all to follow.

Well what matters the most is the mindset. There are people who are very good advisers but they have no history of profits in the crypto. It is also about the risk taking trait that helps make money.

People who understand risks are going to be far more profitable than people who take risks. If you examine risk and all of the factors of a decision, the actual risk you're taking on is much less because it is calculated. If you do not understand the risk you're taking on then you're just a gambler.

[Finestream]

This is mostly common sense trading tips but that doesn't detract from the usefulness. Any trader needs to be mindful of all of these things and more at all times.

For new traders following this advice won't mean they'll be successful, for that they'll need a lot more skill and knowledge of the markets. But it will help limit their losses or maximize their profits and that's why it's worthwhile advice for all to follow.

Well what matters the most is the mindset. There are people who are very good advisers but they have no history of profits in the crypto. It is also about the risk taking trait that helps make money.

Right.I agree.And they say most of the time the best advisers are the ones who never excell on their own field.Trading is a continuous learning so you need to cope up with the latest strategies and skills so you will still end up making profits in such a volatile market.And the most important is have no fear.Learn to take risks because those people who are brave enough are the ones who make huge profits at the end of the day.

[Lighthouze]

Like it's often said, there's no single strategy that's best fit.

Stick to your approach and make adjustments where necessary after evaluations.

Trading is a risk, take calculated risks and be willing to take the outcomes as they come; good or bad.

[oh brame]

money management is the first we have to learn before trading this is what i'm thinking
useful post mate

[Julunguul]

hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

Even in those points it is something that is usually done by traders, even for those who are experts because after all in this trading people have different risk preferences. And when they lose, they also try to recover these assets, the calculation of asset management remains the most important, because without management and analysis, trading is no different than gambling

[adzino]

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

And here is your first mistake. You must care about your money. If you don't care about your investment, you will end up doing reckless trading. At least, if you care, you will be thinking more than twice when executing any trade. You won't be repeating the same mistakes. You will be more careful about how you are managing your trade. It won't reduce your confidence, you will just have more intuition which might save you from something more disastrous.

[syamster]

money management is the first we have to learn before trading this is what i'm thinking
useful post mate

Useful point you mentioned mate same as you I think that before going to trade one should arrange money that how much he has to trade. Before starting to trade you should spare some money for your daily needs so that at the time of need you will not have to trade your coin at red. Hold and go for long term trading always.