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Author Topic: Good trading strategy for newcommer?  (Read 9887 times)
Dontme
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May 29, 2019, 12:54:07 PM
 #61

Observe carefully and don`t rush on your decisions if you want to survive and get successful on trading. You must also need to familiarize the trading platform you are putting your money. Don`t be emotional and set goals.
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May 29, 2019, 01:09:14 PM
 #62

You can record each of your transactions simply in a notebook. The main thing to write why you bought this coin and what price you want to achieve. Then you can sell this coin completely and then buy it again after the price rollback.
If you have this type of practice you can organize your investment well, the market always have its ups and downs so make a proper preparations,
stick with your system and have a lots of patience to wait, sets your targets and make a use of your created strategy based from what you've set
it and keep it that way.

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May 29, 2019, 04:00:22 PM
 #63

Observe carefully and don`t rush on your decisions if you want to survive and get successful on trading. You must also need to familiarize the trading platform you are putting your money. Don`t be emotional and set goals.
Control our emotion is important thing in trading. When we get Fomo, it means bad thing will come because follow our emotion will make us do anything that market want us to do. Like easily trappen in bull or maybe bear trap.

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May 29, 2019, 04:05:46 PM
 #64

Very good strategy: If you are very newcommer do nothing, not trade any coin because it seems like everything is already cheap and going to rise, so just buy and wait.

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May 30, 2019, 01:41:28 AM
 #65

You can record each of your transactions simply in a notebook. The main thing to write why you bought this coin and what price you want to achieve. Then you can sell this coin completely and then buy it again after the price rollback.
if you are a long-term investor you can do that, but if you are a daily trader you need action that is more simpler and faster, you can't write it down on the many coins you bought that day right? You just need to be good at remembering, good at analyzing, and good at reading opportunities to buy and sell
I disagree, regardless of the type of trader that you are keeping a trading journal is critical for your success, after all how are you going to learn from your mistakes if you do not take the time to analyze them, memories fade and if you are a short term trader this is even more common since it will be impossible to remember all the conditions of the different markets in which you traded in a single day, so in my opinion it is not only important to keep a trading journal you should also keep pictures of every market in which you traded, even if all of this may seem time consuming it is something that must be done if you really want to improve your trading skills.

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May 30, 2019, 03:50:11 AM
 #66

You can record each of your transactions simply in a notebook. The main thing to write why you bought this coin and what price you want to achieve. Then you can sell this coin completely and then buy it again after the price rollback.
if you are a long-term investor you can do that, but if you are a daily trader you need action that is more simpler and faster, you can't write it down on the many coins you bought that day right? You just need to be good at remembering, good at analyzing, and good at reading opportunities to buy and sell
I disagree, regardless of the type of trader that you are keeping a trading journal is critical for your success, after all how are you going to learn from your mistakes if you do not take the time to analyze them, memories fade and if you are a short term trader this is even more common since it will be impossible to remember all the conditions of the different markets in which you traded in a single day, so in my opinion it is not only important to keep a trading journal you should also keep pictures of every market in which you traded, even if all of this may seem time consuming it is something that must be done if you really want to improve your trading skills.
I think the candle trip will repeat and there is nothing new. hence from this experience is needed to adapt to the market. especially for short-term trading, of course technical analysis will be the main weapon
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May 30, 2019, 06:18:53 AM
 #67

I recommend to put the percentage of profit in the area of 30% and download a mobile application of the top exchanges, where you can put yourself a notification of the achievements of a certain price, the market is not yet growing very rapidly and there are opportunities for shorts
Idea is not bad but the crypto price movement especially that of the Bitcoin is following increase trend and it seems to be happening rocketing blast in the near future. Better traders start investing in the coins right now so as to make a better collection. With this much additional quantity they would be able to have a great profit after the price pumps. New traders should always learn rather than doing more in crypto trade.
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