miningguru
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 30, 2019, 02:26:32 PM |
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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)
One of the best way to improve your trading is to ask some people who are in the trading industry already so that they can give you an advice on what you will do to earn more, 2nd you can do your own research on how to be successful trader this also helps you to improve your trading and earn funds that you've working out. Experienced traders will give suggestions to the people, but they cannot guide when we enter into the market. After entering our feeling will change which we might lose our patience, so through our faults we can easily understand how to predict the prices. It is not a wise decision to look for higher profit when you are in day trading.
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Hippocrypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 30, 2019, 08:47:07 PM |
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even if new traders read this tips 100 times they will commit mistakes only experience will teach what this tips really mean , experience is the best teacher and it will teach us everything , only thing new traders should remember is not to repeat those mistakes again and again
At least, they can get a new experience from the tips. No matter if they cannot make a profit, if they still trying, I am sure in the future, they can make a profit and some time, their profit will bigger than us. I agree that experience is the best teacher because with the experience, we can handle every problem that might happen and we can solve the problem. I think with we making a mistake, that will help to improve our trading skills and who knows, we will be better to trade by that mistake. Usually, if we make a mistake, we can analyze what is wrong with our trade, so if we can find the mistake, I think we can get time to solve the problem, and that will help us in trading. We must improve our trading skill from time to time because that is what we should do in trading and if we want to make a bigger profit, we need to keep learning from many sources. Right our experience is our teacher which has the ability to make us good trader other wise all traders are the same they will make mistakes and they will have to face the risk. It’s not only about listening or reading those tips from other traders until you try them and show how much will power you have to learn best tip given by you is not to walk on wrong way again and again, learn from your mistake and keep trading never give up, avoid panic. Before you try to learn from that mistake committed, always hold on to the worst past experiences. Always look forward to learn on controlling your emotions towards difficult moments of trading. You can't expect trading to provide you comfort at all times, also consider hardships particular on those holders who tend to panic. Improving our trading skills should minimize those wrong decisions, and patience is very important.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 01, 2019, 06:17:08 AM |
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Experienced traders will give suggestions to the people, but they cannot guide when we enter into the market. After entering our feeling will change which we might lose our patience, so through our faults we can easily understand how to predict the prices. It is not a wise decision to look for higher profit when you are in day trading.
Controlling yourself will be a solution to solve the problem. And if your problem is about patience, then with controlling yourself, you can stay calm, and you can analyze when the time to enter the market. I realize that when we enter the market, we can get a high tension that could make us lose patience. We can use the suggestion from experienced traders so it will be useful for us to analyze the market. But we need to search for another info so we can get into the market at the right time.
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 01, 2019, 08:20:10 PM |
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The most important thing that I realized is that the first thing you should not forget is profit taking. No need to be greedy, this is the road to nowhere. Always take profits. Even if locally you make a mistake fixing yourself ahead of time, globally this will give you a huge influx of funds.
The other day, I have read another golden rule we know about well, but forget it all the time when we trade cryptocurrencies. The trading guru, that 3 % who consistently receive income, are able to stop in time and not turn into a catastrophe just a bad day on the exchange. Moreover, they carefully analyze each similar situation in order to find the reason and continue not to repeat such mistakes.
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hahay
Legendary
Offline
Activity: 3556
Merit: 1056
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 01, 2019, 08:58:51 PM |
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The most important thing that I realized is that the first thing you should not forget is profit taking. No need to be greedy, this is the road to nowhere. Always take profits. Even if locally you make a mistake fixing yourself ahead of time, globally this will give you a huge influx of funds.
The other day, I have read another golden rule we know about well, but forget it all the time when we trade cryptocurrencies. The trading guru, that 3 % who consistently receive income, are able to stop in time and not turn into a catastrophe just a bad day on the exchange. Moreover, they carefully analyze each similar situation in order to find the reason and continue not to repeat such mistakes. Repeating the same mistakes are those who do not want to use their common sense and do not have a plan in doing so, in this case of course when you continue to do trades at least you will have a plan that in the end trading will improve for the better because of the experience possessed will make everything controllable in a mature way.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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skyline247
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 01, 2019, 09:24:37 PM |
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the more greedy we are when trading, the more higher probability there is that we will lose money. However, there is also much higher probability to make more money. The question is, how much patience do we have and also it comes down sometimes to a bit of luck. Well, look actually isn't involved... But sometimes we get good timing in the market.
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rez303
Member
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Offline
Activity: 338
Merit: 10
StartFi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2019, 01:16:01 AM |
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the more greedy we are when trading, the more higher probability there is that we will lose money. However, there is also much higher probability to make more money. The question is, how much patience do we have and also it comes down sometimes to a bit of luck. Well, look actually isn't involved... But sometimes we get good timing in the market.
This market does not have any luck for investors because everything we are doing here needs knowledge from this market and a small mistake in investment can make you lose a great amount of money. I think that with what is happening, the bear market will probably last for a few more years and this is definitely a big challenge for all investors. I personally hold a lot of big altcoins but I would consider selling if the market cannot improve by the end of this year.
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Strongkored
Legendary
Offline
Activity: 2870
Merit: 1112
Vave.com - Crypto Casino
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2019, 01:29:49 AM |
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-snip-
This is will just a theory because trader will have many reasons for not paying attention to this, and often because focus too much on profits and losses. When get profits only think of ways to continue to add profit and so when lose only think of ways to cover losses. Making trading records and evaluating important and also take a break to refresh mind.
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pieppiep
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2019, 01:49:05 AM |
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even if new traders read this tips 100 times they will commit mistakes only experience will teach what this tips really mean , experience is the best teacher and it will teach us everything , only thing new traders should remember is not to repeat those mistakes again and again
At least, they can get a new experience from the tips. No matter if they cannot make a profit, if they still trying, I am sure in the future, they can make a profit and some time, their profit will bigger than us. I agree that experience is the best teacher because with the experience, we can handle every problem that might happen and we can solve the problem. I think with we making a mistake, that will help to improve our trading skills and who knows, we will be better to trade by that mistake. Usually, if we make a mistake, we can analyze what is wrong with our trade, so if we can find the mistake, I think we can get time to solve the problem, and that will help us in trading. We must improve our trading skill from time to time because that is what we should do in trading and if we want to make a bigger profit, we need to keep learning from many sources. Right our experience is our teacher which has the ability to make us good trader other wise all traders are the same they will make mistakes and they will have to face the risk. It’s not only about listening or reading those tips from other traders until you try them and show how much will power you have to learn best tip given by you is not to walk on wrong way again and again, learn from your mistake and keep trading never give up, avoid panic. If we can learn from the experience, I am sure that we can improve the skills that will help us in the future. With the improvement of the skills, it's really mean for us to reach the goals to make a profit. We can learn from the other trader's tips, and I am sure that will give us a big chance to increase the profit amount. I realize that improving our skills in trading is not easy because it needs to have the patience to learn from them. Usually, we need time to understand the point of the lesson so we can try to practice what we've got.
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MetalGear
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2019, 03:59:10 PM |
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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 agree with this and I think this would be very helpful especially for beginners. But of all things, I think deeply knowing to trade and what you're about to trade is the most important. You need to understand how things work, what to do and what not to do so you can avoid any misconceptions and also make sure that you only give what you can afford to lose. Stay cautious so people and scammers won't be able to outsmart you. And lastly, listen to professionals and learn from their mistakes
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Oasisman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2019, 04:31:36 PM |
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No matter how many times a beginner reads about how to effectively trade if they havent experienced it yet they would always end up lossing some money. This list probably was done by any traders or was totally aware about these guidelines, yet theres no better solutions to improve trading than your personal experiences.
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Best Dreams
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2019, 12:03:28 PM |
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even if new traders read this tips 100 times they will commit mistakes only experience will teach what this tips really mean , experience is the best teacher and it will teach us everything , only thing new traders should remember is not to repeat those mistakes again and again
At least, they can get a new experience from the tips. No matter if they cannot make a profit, if they still trying, I am sure in the future, they can make a profit and some time, their profit will bigger than us. I agree that experience is the best teacher because with the experience, we can handle every problem that might happen and we can solve the problem. I think with we making a mistake, that will help to improve our trading skills and who knows, we will be better to trade by that mistake. Usually, if we make a mistake, we can analyze what is wrong with our trade, so if we can find the mistake, I think we can get time to solve the problem, and that will help us in trading. We must improve our trading skill from time to time because that is what we should do in trading and if we want to make a bigger profit, we need to keep learning from many sources. Right our experience is our teacher which has the ability to make us good trader other wise all traders are the same they will make mistakes and they will have to face the risk. It’s not only about listening or reading those tips from other traders until you try them and show how much will power you have to learn best tip given by you is not to walk on wrong way again and again, learn from your mistake and keep trading never give up, avoid panic. If we can learn from the experience, I am sure that we can improve the skills that will help us in the future. With the improvement of the skills, it's really mean for us to reach the goals to make a profit. We can learn from the other trader's tips, and I am sure that will give us a big chance to increase the profit amount. I realize that improving our skills in trading is not easy because it needs to have the patience to learn from them. Usually, we need time to understand the point of the lesson so we can try to practice what we've got. Exactly trading is not an easy thing that you can make profit without doing anything, better just write down all your gain and failure and notice your mistakes so it will help you allot to gamble next time profitably. Traders should never say that he has become an expert because even expert traders are knowledge seekers.
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pinggoki
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2019, 02:27:36 PM |
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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)
Thank you for sharing your experiences in trading. Right now I will share some tips and experience on the trading industry here in cryptocurrency. First of all before you start on the trading world or industry or before you start to trade, better if you will go find and ask for some person who are really know what trading is and what the trading platform is doing for, and to those who are failing in trading don't worry, remember every rich person takes the path where it is risky and full of problems to be solved. Indeed. Don't ever afraid to make a mistake simply because this is where we learn. Mistakes are more likely a fundamentals of trading, actually the more mistake you make the more experience you will gain however, if you made a same mistake and never learn then I'd say there's a problem upon you. Don't enter in the industry without having any knowledge because this will be a problem. Another tips, always control your emotions while trade, risk only the money you can afford to lose and have a trading plan.
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Paulinerims
Jr. Member
Offline
Activity: 193
Merit: 7
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2019, 04:07:54 PM |
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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)
Nicely put! everybody learns on their own mistakes. Especially for beginners its important that they understand there'll be ups&down. But its important to start trading or investing when you acquire some knowledge. There aren't many educational sites out there really. I heard of the new project Newscrypto.io which I'm using now and its in process to provide real knowledge and information about crypto ..
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dimonstration
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October 04, 2019, 01:53:44 AM |
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The most important thing that I realized is that the first thing you should not forget is profit taking. No need to be greedy, this is the road to nowhere. Always take profits. Even if locally you make a mistake fixing yourself ahead of time, globally this will give you a huge influx of funds.
I realize this too when the next pump or bull run is nowhere to be seen as of this time. Getting some profit to secure real life financial spending and to secure some amount better. But we all makes mistakes, became greedy and regrets it but we must move on and strive harder to gain even the market is not in favor of us yet.
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jamesndungu1
Member
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Offline
Activity: 434
Merit: 25
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2019, 04:02:17 PM |
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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)
Trading is a craft which requires a lot of patience, hard work and expertise. As a trader who is still working on improving my trading skills, I am very open to positive criticism and tips from other traders who are more experienced than me.Market research is also a must in this space, I need to keep abreast with what is going on in the market as well as find trading platforms which are more suitable. I also make a point to look for nay tips top reduce the risks before engaging in any trade. Thank-you for your tips!
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Apaxy
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October 04, 2019, 04:15:05 PM |
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Undoubtedly, trade is a lot of work, requiring great experience and knowledge. Nevertheless, each trader started from scratch, not even having basic knowledge. Someone came to the cryptocurrency market only because he heard quite a lot of interesting news regarding cryptocurrencies in the media. I am one of those people who are independently trying to learn how to trade cryptocurrency and need to start somewhere. I carefully study all the information on bitcointalk and watch videos on YouTube, but nonetheless, without a professional adviser, it’s very difficult to do everything myself.
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2019, 11:24:26 AM |
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Undoubtedly, trade is a lot of work, requiring great experience and knowledge. Nevertheless, each trader started from scratch, not even having basic knowledge. Someone came to the cryptocurrency market only because he heard quite a lot of interesting news regarding cryptocurrencies in the media. I am one of those people who are independently trying to learn how to trade cryptocurrency and need to start somewhere. I carefully study all the information on bitcointalk and watch videos on YouTube, but nonetheless, without a professional adviser, it’s very difficult to do everything myself.
Trading without too many emotions is the best policy. Before starting to open a transaction, experienced traders always make a preliminary calculation, clearly identifying for themselves the levels at which the market entry point, transaction volume will be determined, as well as a stop loss and take profit orders. This allows not only to see how expedient the deal is, but also to guarantee yourself peace of mind.
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Rebisco
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October 06, 2019, 11:24:04 PM |
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always follow your trading plan! At first it is hard to follow my trading plan because of my lack of discipline. We can manage our portfolio better if we have trading plan. We should also control our emotions when we are trading in order to not make a bad decision.
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Faxmate
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2019, 01:41:54 AM |
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Undoubtedly, trade is a lot of work, requiring great experience and knowledge. Nevertheless, each trader started from scratch, not even having basic knowledge. Someone came to the cryptocurrency market only because he heard quite a lot of interesting news regarding cryptocurrencies in the media. I am one of those people who are independently trying to learn how to trade cryptocurrency and need to start somewhere. I carefully study all the information on bitcointalk and watch videos on YouTube, but nonetheless, without a professional adviser, it’s very difficult to do everything myself.
Trading is some good profession and it really gets a whole new meaning when the market to do trading in is the volatile market of digital currencies. As you said, everyone is a beginner at some time and every one sees failures of his share. A man learns from his mistakes. Also, if someone wants to earn more, he is expected to work more too. Seeking advice from experts and doing own research can be helpful.
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