This will help to improve your trading

[ethereumhunter]

You see that many of us making the same mistakes and many of us suggest learning from the mistakes so we can be better than before. It is natural to make a mistake while we were trading, but it's not natural if we cannot learn and we cannot increase our knowledge in trading. We only make the same mistakes in the future, and if that happens, then we cannot recover the losses and even the lose will bigger than before. So, the first thing we need to do has control in yourself, don't greedy if you can make a profit, don't forget to take that profit while you can. In the end, taking a break will be good for you so you can get a rest for a while from the market and think about what you want to do later.

The person who keeps repeating the same mistakes and can never learn from his mistakes in the past, then he will never be able to get the desired profit, instead the losses will be sustainable and he should go away from trading if that happens. Controlling greed is the most important thing and when in trading, traders should know when to sell and buy. Because selling too fast will also make you regret when the market continues to show an increase and when we are too slow to sell, chances are we will miss a moment of sales when the price has been dumped.

You are right. Before we decide to buy or sell, we need to check what happens in the market and don't make a rush decision especially if there are faster movements from the order. Some people will attract to the fast moves and makes them panic and want to do something without analyzing what is going on. It's better to stay calm first, analyze the order and the chart and if there is a pump or dump happen in the market, then you can make the right decision.

[1715081503]

1715081503

[1715081503]

1715081503

[Anies_Sandi]

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)

This advice is very useful for us all, especially the traders, because the reviews above will definitely make us trade well and will bring success too

[pawanjain]

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)

Well, these are some well known tips that you shared from your own perspective. I would like to know how many of these tips do you follow when you trade.
Also, the amount of losses you incurred when you didn't follow these tips and the substantial gains when you followed these tips.
The comparison of such amounts can really boos t the confidence of our fellow traders.

[whirlcoin]

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)

I also trust about learning and experiencing before entering into any job especially in trading you won't get them proper income from that so be prepared when you are entering into trading and following the above points are also be very useful for a trader to get income very easily.

[Moiyah]

Thanks for sharing this useful tips. I admit that I lack of money management as a trader. We have different weaknesses. Emotions shall be set aside when doing some kind of trading but this market is so volatile and I really am disappointed whenever my TAs were not happening.

[Cherylstar86]

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)

I also trust about learning and experiencing before entering into any job especially in trading you won't get them proper income from that so be prepared when you are entering into trading and following the above points are also be very useful for a trader to get income very easily.

Trading with a plan can greatly help us to be guided accordingly. In trading, we must use the correct tools. We must know the levels we want to trade from. We must be strategic, be prepared, and continue to explore inorder to learn more. Learn to control your emotions, set goals, and know your priorities.

[sinta23]

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)

what is my greatest opinion for all the traders do not panic while trading or if you doung any other job if you panic your work will definitely stop for a while it takes to you the another dimension of your work so while working don't fear and panic make the patience for higher.

really because in trading if you want to succeed, never panic and use emotions too, because the key to success is great patience and willingness to try even if we have failed or made a mistake

[Best Dreams]

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)

Well, these are some well known tips that you shared from your own perspective. I would like to know how many of these tips do you follow when you trade.
Also, the amount of losses you incurred when you didn't follow these tips and the substantial gains when you followed these tips.
The comparison of such amounts can really boos t the confidence of our fellow traders.

Yes above discussion is really good and it will help us because it is about protection about saving capital, about investing and holding, all about ideas to become good trader so that’s really satisfying that how nicely people are sharing good stuff and helping newbie’s to become good trading and not to be in lose at early stages of trading so really appreciate it.

[tonyja2017]

 Those are the rules that every investor needs to capture. But the important thing is how to apply it most accurately.
I once saved these and pasted it on the wall, but when the pressure came, I forgot it even though it was only 1 meter away from my eye.
What is important?
The important thing is the spirit. You should only start investing when you are willing to accept all the risks you cause. that is when you are the most powerful and the pressures cannot beat you.

[timmydakolo2]

This is a good outline experience I most say, if only most newbies who are adapting into Crypto trading today will have to check this out and add it to their knowledge. The number is definitely good to understand and in other words when you sell out don't look back and wish you have sold at the top when you see your fellow traders selling at the top.

[goaldigger]

This post is really helpful for the newbies who wanted to start their trading careers. Newbies should follow all the guidelines even if its hard to have a greater possibility of earning big in trading. Lucky for them because theres someone who can teach them even just guidelines before starting. Atleast they have been briefed well.

[Xising]

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

I agree. I think, in this market especially, there is no fool proof way of trading without losses as risks has already mixed up with the foundations of the cryptocurrency market. I think one should just really be systematic and objective about his trades and ventures in order to at least have that sense of safety and confidence with the businesses you are doing. At least, even in the face of losses, you can still tell yourself that you did your homework and tried to make the risks are manageable and low as possible to avoid having to lose too much.

[Kelvinid]

This post is really helpful for the newbies who wanted to start their trading careers. Newbies should follow all the guidelines even if its hard to have a greater possibility of earning big in trading. Lucky for them because theres someone who can teach them even just guidelines before starting. Atleast they have been briefed well.

That could be helpful but I don't know if they could stick with when they are affected from their emotions. As it usually happen and even for old traders, it sometimes making decisions away from their plan which results into losing their funds.
Anyways, as a beginners they'll need much effort and time to fully understand the market and that will be a big challenge for them cause if they were not, they'll just end up into nothing.

[XbladedThanos]

I think the fact is knowing what you are trading out there and how past you act must times when you are clouded with decision making you end up making some serious huge mistake so you have to watch that out

[crzy]

Very helpful though its quiet a long message but newbies should find this one as a better foundation in trading. I saw a lot of tips and suggestion about trading recently and I’m so amaze that a lot of people are willing to help others by simply giving their advice, let’s continue this one until traders becomes more professional.

[South Park]

Thank you for the advice, it's quite interesting even though everyone has their own strategy to gain profit from trading.
in my opinion the main point in trading is don't be greedy, if you already get enough profit you should stop first don't get hooked cause you may can lose everything, too risky, theres still tomorrow.

This is something I agree as well, it is clear we all want to get profits out of the money we put in the market but we must have goals about what we want to achieve that are realistic and once we got them we need to stop chasing even more profits for the time being, many have found themselves in a situation in which they have already earned a lot of money out of a trade but they keep holding thinking they will make even more only to see that profitable trade turn into a loss.

[Golftech]

Very helpful though its quiet a long message but newbies should find this one as a better foundation in trading. I saw a lot of tips and suggestion about trading recently and I’m so amaze that a lot of people are willing to help others by simply giving their advice, let’s continue this one until traders becomes more professional.

Exactly the point for joining forum like this,we will be able to find something interesting that will lead us to a much successful ventures, this thread will help not only those newbies but also can be use for refreshers, as trading needs real attentions to keep improving yourself and give you more ideas on how to achieved your goals.

[naruto7676]

It's a good advice but holding for long-term for me is not profitable anymore because those altcoins getting dropping out. But for now you can see in coinmarketcap that the price getting pumping for those who buying altcoins.

[DomainTorrent]

You do have a lot of good points taken. They are quite useful for those newbies who are still grasping about the ins and out of trading. Having said that, each one of us could retrospect internally and still be able to identify what needs to be rectified in order to be successful. It is a case to case basis and according to old adage, experience is the best teacher.

[creeps]

It's a good advice but holding for long-term for me is not profitable anymore because those altcoins getting dropping out. But for now you can see in coinmarketcap that the price getting pumping for those who buying altcoins.

Some coins are not meant for long term holding, and investing on that coins can be a big problem to you. This advice on trading is good though some newbie trader might not listen on this one because they are too focus on the hype coins, one of the great source of knowledge about trading cryptocurrency can be found in this forum so try to spend more time here.