Newbies that has interest in trading!

[edmundduke]

Oh one more thing that i forgot to add about trading. The thing you need to keep in mind when trading is that you are trading against other people, the money doesnt just appear, someone is actively trading against you. Psychology plays a huge role. Get to know the traders you trade against (social media, chat boxes etc), it can give you the edge you need

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[LogitechMouse]

How then can you work and be better with your emotions  

Controlling your emotions is important in trading. Don't let your emotions trade for you because the results will be in a loss. I think discipline and experience will help you control your emotions. If you are a newbie in trading then its normal that you let your emotions control you but time after time, you will just feel that you are emotionless already in trading. Learn also in different websites

[Eildosa]

This very well that people on this forum exchange knowledge and experience. Thank you for your contribution. I am also at the stage of learning to trade and therefore I was also interested to visit these sites.

[HellDiverUK]

I also follow those websites you mention, though I am still learning to trade, first I think I need to fix my emotions, I trade so emotional I can't help it. Maybe you have some tips for me in order to apply what I have learned on TA.

Patience in trading is the key to success, we are required not to be too excited when there is an increase and do not panic when there is a drastic decline, sometimes we succeed if thinking upside down from most people.

[freedomgo]

This very well that people on this forum exchange knowledge and experience. Thank you for your contribution. I am also at the stage of learning to trade and therefore I was also interested to visit these sites.

You will really learn if you will also be more resourceful, the good thing in this era now is that things can be access for free and we can educate ourselves being a trader. I never have a formal training on online trading, but I believe I can prove I can also be profitable.
Learn and keep practicing, eventually you'll master it.

[EdenHazard]

How then can you work and be better with your emotions  

Controlling your emotions is important in trading. Don't let your emotions trade for you because the results will be in a loss. I think discipline and experience will help you control your emotions. If you are a newbie in trading then its normal that you let your emotions control you but time after time, you will just feel that you are emotionless already in trading. Learn also in different websites

There is atleast three ways to get profit or avoid a loss in thrading.

1. Mind
2. Method
3. Money

Yeah some experts put the mind thing in the first point. Because how many method that has been mastered by some trader and how much money that spend for trading but they don't have a good psychology and tend have a high greedy then we will never see they will get profit. Most likely they will find a huge loss and often to make deposit until their money is gone.

[BlackPanda]

This very well that people on this forum exchange knowledge and experience. Thank you for your contribution. I am also at the stage of learning to trade and therefore I was also interested to visit these sites.

You will really learn if you will also be more resourceful, the good thing in this era now is that things can be access for free and we can educate ourselves being a trader. I never have a formal training on online trading, but I believe I can prove I can also be profitable.
Learn and keep practicing, eventually you'll master it.

Studying various strategies and knowledge about trading is indeed very important. But in my opinion there is something far more important, that is willingness, because when we have a high willingness, it can cause a good sense of enthusiasm and for a trader when they experience failure they must continue to try. Skills and knowledge of a Trader will be trained by the experience they have faced and how much they have ever made a decision.

[playboy654]

The new people are the next set of people to get the Crypto market to be stable and we need to guide them properly for good trading because trading is not a simple job and we need a lots of Strategies and time to make it possible for getting the income.

[Dart18]

Thank you for that.
A lot of failure which I met in trading. I didnt know it will be that hard although seeing in Youtube makes it look so easy.
There must be deep understanding in the movement of each token. Mostly are dumps when I traded and all are losses for me.

These might help secure my way into making even just small profits. As long as it is profit then I will take it.
The least I could do is get back those losses that I made.

[kissme09]

Most of the newbie is currently participating in Cryptocurrency because of the Airdrop rewards and bounty. Very few newbies are interested in trading because they are mostly poor or no fixed investment. But there are still some people who want to invest in Crypto because they know this market can bring big profits for them.

[aervin11]

Patience in trading is the key to success, we are required not to be too excited when there is an increase and do not panic when there is a drastic decline, sometimes we succeed if thinking upside down from most people.

Thanks.
Now Searching : how to have patience than most of people.

I also follow those websites you mention, though I am still learning to trade, first I think I need to fix my emotions, I trade so emotional I can't help it. Maybe you have some tips for me in order to apply what I have learned on TA.

First, work on your trade plan. Know how it works for you profitably. If it is working for you, then stick with it and whatever signal it gives you, go with it because it will eventually be accomplished with time, almost in 90% accuracy.

Then trade small. That is, take a smaller risk .

I would make a trading plan then. Your words are too good to be true and I appreciate it. Just a question, what if I would lose consecutively using those trading plans that I would apply, how to cope up with those because that is what I am experiencing now.

[senyorito123]

Thank you for that.
A lot of failure which I met in trading. I didn't know it will be that hard although seeing in Youtube makes it look so easy.
There must be deep understanding in the movement of each token. Mostly are dumps when I traded and all are losses for me.

These might help secure my way into making even just small profits. As long as it is profit then I will take it.
The least I could do is get back those losses that I made.

Like starting any career, there is a lot to learn as a newbie in the field of trading. When you started in the industry, don't try to learn everything about trading at once. You don't have to know it all, you only need one strategy, stick to it and implement over again and again. Open a demo account and start practicing your picked strategy. No two days are the same in the markets, it takes practice to be able to learn the trade setups and be able to execute the trades with confidence and commitment. Be open to challenges and learn from failure and success experiences.

[Bustart]

This very well that people on this forum exchange knowledge and experience. Thank you for your contribution. I am also at the stage of learning to trade and therefore I was also interested to visit these sites.

You will really learn if you will also be more resourceful, the good thing in this era now is that things can be access for free and we can educate ourselves being a trader. I never have a formal training on online trading, but I believe I can prove I can also be profitable.
Learn and keep practicing, eventually you'll master it.

Studying various strategies and knowledge about trading is indeed very important. But in my opinion there is something far more important, that is willingness, because when we have a high willingness, it can cause a good sense of enthusiasm and for a trader when they experience failure they must continue to try. Skills and knowledge of a Trader will be trained by the experience they have faced and how much they have ever made a decision.

Start with the smallest position amount possible when you first begin trading, in this way it helps reduce some anxiety of losing large amounts of money. We can’t cheat success when it comes to trading. Practice first- for beginners, this is essential, test your strategy over the course of several weeks or months before you risk your own money. Have a plan, it’s important to stick to plan, understand the risk/reward ratio and have exit strategy in place. Continue to learn and explore for more creative trading ideas.

[HellDiverUK]

Patience in trading is the key to success, we are required not to be too excited when there is an increase and do not panic when there is a drastic decline, sometimes we succeed if thinking upside down from most people.

Thanks.
Now Searching : how to have patience than most of people.

Take a deep breathe now...I will tell one of the keys to the patience and happiness of this world: bitcoin, ethereum, usd, money its all just number, more we chase it, than more we will never be satisfied, and all the numbers we pursue will not be taken away to next life. But love for wives, children, parents,  friends and other people will always be remembered for life and will not be erased even though we have been lying rigid in the ground ...

[guoyu78]

Newbies usually make mistakes that causes them to lose their money at all times. Some mistakes they make is buying cheap coins. I don't know who brought the idea that buying cheap coins is the best thing to do. Just because they promise heaven and earth doesn't make them a better options. Another mistake they make is that they never make use of stop order. It goes up doesn't mean that it is going for eternity, so try to use to stop loss.

If we're trying to hodl, that should be when we bought the coins at cheapest price. If your coins were bought at peak price, holding it wouldn't be a good idea. If you sold them already, you should invest it back now that the price is down and then begin to hold till there is bull. Bear market doesn't really favor everyone, just a few people benefits from it.

[BitHodler]

Take a deep breathe now...I will tell one of the keys to the patience and happiness of this world: bitcoin, ethereum, usd, money its all just number, more we chase it, than more we will never be satisfied, and all the numbers we pursue will not be taken away to next life. But love for wives, children, parents,  friends and other people will always be remembered for life and will not be erased even though we have been lying rigid in the ground ...

I don't think anyone really cares about that when they are trading, especially with how this market never sleeps. It offers action 24/7 and every moment you look away could potentially mean that you missed an opportunity to buy or sell.

If people really cared, they wouldn't use their life savings or even the funds of their kids to invest in Bitcoin for their own selfish interests. People go extremely far just to make a change in their life, because crypto offers that opportunity.

It doesn't happen all that often where average joes have an opportunity to become extremely wealthy. Sure, most fail miserably and lose all their money, but apparently it's worth at least a shot.

[goaldigger]

If you really have no idea about trading except it gives you income then you should study its structure first before buying resources. Read and gather everything first and get loads of knowledge. Once you understand how it works then you can now gather experience. Its okay if you will lose at first. The most important part is you will win in the future.

[danherbias07]

Good English + skills in computer and other applications could really be profitable but as I see it, the competition is getting higher too.

With trading there is no competition. Exchanges are the ones competing but not traders. It is best for us if we are seeing a lot of movements in trading platform.
We can play with the price for our own good. Better do both. At first it will be hard, but in time you wont even need much time to do both.

[logicgate]

Remember to demo trade first before putting really money.

Wait, so are you saying that you can have a trial on such sites to practice trading? That's cool! I will definitely screenshot your thread for reference. And I hope it wasn't difficult as rocket physics Lol. I guess better for me if I start studying now so that I can invest already after saving some money.

  It is good to study about trading as much as possible because we know in trading we will have to have good experience and so much knowledge, we know time to time nature of cryptocurrency changes, so learn how to deal with them, make sure you enter the market at red and hold until the price recovers, new trader should start with small amount for long term.

[armarsterling7]

I really do not like to trade according to price judgment. I'm not good at technical analysis and it confused me after a while of thinking.
I think I only fit in long-term investment strategy. These types of transactions will definitely have problems and I think it is not safe for people like me.