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Author Topic: Good trading strategy for newcommer?  (Read 9929 times)
Bagaji
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May 21, 2019, 07:38:39 PM
 #41

From my trading experience, I have come to realize that experience is the best teacher because if you continue to look for any secret about like one of my friend is to tell me so shall you continue to lose your money in trading. Try as much as possible to learn from your mistake and other people's mistake, in doing that your trading skill will improve significantly.
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May 22, 2019, 01:21:11 PM
 #42

Following the strategies is one of the most important thing on it is the difficult thing also for everyone to keep it up for long time so my opinion is if you are following someone strategy will not work for you long time so making your own strategy will always helpful for you in all the situation in all the time.
Point taken, it is not a good thing if you are a copy cat and your way or your strategy will definitely varies on what are the ways you trade, where you trade, when you trade. We all have different perspectives in doing so. And also not all people sticks on trading, there are those individuals who use alternatives in order to earn not only through trading, i read about some who started playing in a casino because there are benefits and bonuses you can get and day to day trading can be tiring. As i have mentioned, casino, in which you will not only enjoy playing with the use of your mobile phone and Bitcoin, you can also save time and earn at the same moment. We must be smart in every move we are going to do because not all moments can be good to us, so be critical enough in analyzing the market at the same time do not easily believe in the fake news. Try different strategies so that you will mot feel lose in the end.
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May 22, 2019, 02:04:04 PM
 #43

Dear crypto cummunity,

I'd like to ask you to point me in a somewhat right direction.

I've been learning and researching everything about crypto space and the deeper I go - the more there is to learn.
It's becoming harder to use my time efficiently and productively, to filter out quality information from spam and get-rich-fast schemes.

I believe I've come to a point where I would like to start practising some medium-term/swing trading. My hope is that some of you, experienced traders, have some references to some trading strategies. Should I do DCA and hodl 50% and trade the rest? At what percentages is it wise to take profits? 30/50/65%? I only trade the money that won't make me go bankrupt, but I'd love to become good at reward/loss management and start somewhere.

Do you know any sources/calculators for doing statistics on profit/loss? For planning the budget? I would really really appreciate some newbie-friendly reading materials/guides or even excel sheet with pre-made formulas haha

Highly appreciate your input! Hope to return some of the good carma back to the cummunity when I become good at this Smiley
You have a great idea and plan for your catalog. I appreciate that. And I have a really good experience and it can help you in this early stage. I have also wondered at how much profit and stoploss to close at the beginning.
First of all, you should look closely at the altcoin trading chart and level that you are investing. whether its degree of fluctuation is large or not, from which you will be able to order a buy or sell more accurately.
Besides, remember, after you decide, you must not change it. You must follow your principles and not break it. create that habit and you will be very grateful to me for this experience in the future. Grin

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May 22, 2019, 11:59:57 PM
 #44

From my trading experience, I have come to realize that experience is the best teacher because if you continue to look for any secret about like one of my friend is to tell me so shall you continue to lose your money in trading. Try as much as possible to learn from your mistake and other people's mistake, in doing that your trading skill will improve significantly.
At first it will be hard, then as we push through we will eventually see how profitable trading is depending on our skills, strategies and knowledge. We will be able to see too that we learn and we gain without us noticing that we already get the fruit of our labor by being dedicated to be successful.

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May 23, 2019, 05:29:43 AM
 #45

Dear crypto cummunity,

I'd like to ask you to point me in a somewhat right direction.

I've been learning and researching everything about crypto space and the deeper I go - the more there is to learn.
It's becoming harder to use my time efficiently and productively, to filter out quality information from spam and get-rich-fast schemes.

I believe I've come to a point where I would like to start practising some medium-term/swing trading. My hope is that some of you, experienced traders, have some references to some trading strategies. Should I do DCA and hodl 50% and trade the rest? At what percentages is it wise to take profits? 30/50/65%? I only trade the money that won't make me go bankrupt, but I'd love to become good at reward/loss management and start somewhere.

Do you know any sources/calculators for doing statistics on profit/loss? For planning the budget? I would really really appreciate some newbie-friendly reading materials/guides or even excel sheet with pre-made formulas haha

Highly appreciate your input! Hope to return some of the good carma back to the cummunity when I become good at this Smiley
DCA is an effective buying strategy and you should apply it when purchasing power begins to weaken. You will be able to buy with good prices.
But I have an advice that you should choose exchange with stoploss function. It is really necessary for us because we cannot control the portfolio well as the amplitude of altcoin fluctuates.

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May 23, 2019, 06:29:14 AM
 #46

As a newbie it means you are empty cup, which is totally no idea about what you are trying to enter. You cannot go in the battle without training. You must walk through with it, same goes with trading in crypto and bitcoin. You need to learn and make some effort through research, tutorial video about in trading and etc.
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May 25, 2019, 06:37:36 PM
 #47

From my trading experience, I have come to realize that experience is the best teacher because if you continue to look for any secret about like one of my friend is to tell me so shall you continue to lose your money in trading. Try as much as possible to learn from your mistake and other people's mistake, in doing that your trading skill will improve significantly.

It will be cool if you find a guy who is trading and who is doing it for a long time. Join him, and watch which steps he is going each time he wants to trade. Naturally, you must not repeat his actions: it will be like a "Demo" how to work.
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May 26, 2019, 07:42:42 AM
 #48

Trading might looks easy but trust me its not.You need to be extremely skilled with analysis to be more successful through crypto trading and sometimes it work in the wrong way as well so better try to learn initially by making small amount of profits and keep it growing as much as you can.

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dark08
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May 26, 2019, 07:47:20 AM
 #49

Trading might looks easy but trust me its not.You need to be extremely skilled with analysis to be more successful through crypto trading and sometimes it work in the wrong way as well so better try to learn initially by making small amount of profits and keep it growing as much as you can.

Even if you are not skilled traders you can go on trading because the best way to learn trading is your esperienced  this will give you idea when the right time to exit/enter in the market.
For newcommers or newbie in this kind of industry need to learn first the basic of trading how its work where is the best trading site to do trading then after that apply your learning to make a profit always remember trading is not a lambo there will be a time you will lose then that losses make an inspiration to make profit.

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May 26, 2019, 08:54:21 AM
 #50

Trading might looks easy but trust me its not.You need to be extremely skilled with analysis to be more successful through crypto trading and sometimes it work in the wrong way as well so better try to learn initially by making small amount of profits and keep it growing as much as you can.

Even if you are not skilled traders you can go on trading because the best way to learn trading is your esperienced  this will give you idea when the right time to exit/enter in the market.
For newcommers or newbie in this kind of industry need to learn first the basic of trading how its work where is the best trading site to do trading then after that apply your learning to make a profit always remember trading is not a lambo there will be a time you will lose then that losses make an inspiration to make profit.
Definitely we can make profits even when you are newbie but intention of getting rich soon by trading when you are still newbie will not work and make more losses than profits by doing trading like that.

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kamilah147
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May 26, 2019, 12:27:40 PM
 #51

Trading might looks easy but trust me its not.You need to be extremely skilled with analysis to be more successful through crypto trading and sometimes it work in the wrong way as well so better try to learn initially by making small amount of profits and keep it growing as much as you can.

Even if you are not skilled traders you can go on trading because the best way to learn trading is your esperienced  this will give you idea when the right time to exit/enter in the market.
For newcommers or newbie in this kind of industry need to learn first the basic of trading how its work where is the best trading site to do trading then after that apply your learning to make a profit always remember trading is not a lambo there will be a time you will lose then that losses make an inspiration to make profit.
Definitely we can make profits even when you are newbie but intention of getting rich soon by trading when you are still newbie will not work and make more losses than profits by doing trading like that.
I think to be rich, you have to be patient in terms of traders unless you have big capital and again we have to be patient because the results of patience are real satisfaction

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May 26, 2019, 12:46:30 PM
 #52

First you have to learn about technical analysis and fundamentals in trading, if you already understand, then the next is money management, because the basic foundation of techniques like this is very important so that we profit in our trading
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May 28, 2019, 07:05:01 PM
 #53

If you want to know the right decision about trading, then I think that you have to gain a good knowledge of trading. If you do not have good knowledge about trading then you can't success in your trading. So I think you have the basic idea about trading. The first thing in the basic issues of trading is emotions. Money management will come in the second step. If you can not control the emotions, then you should not start trade, because the first issue of trading is that, you have to control your emotions, so learn to control emotions first and then start trading. I think you will get good results if you control your emotions. Lear accurate knowledge about money management.
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May 28, 2019, 08:33:45 PM
 #54

You have to determine the profit target but don't be greedy because the goal is to implement basic strategies and gain knowledge about trading
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May 28, 2019, 09:20:20 PM
 #55

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.

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May 28, 2019, 09:57:08 PM
 #56

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
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May 28, 2019, 11:43:54 PM
 #57

Dear crypto cummunity,

I'd like to ask you to point me in a somewhat right direction.

I've been learning and researching everything about crypto space and the deeper I go - the more there is to learn.
It's becoming harder to use my time efficiently and productively, to filter out quality information from spam and get-rich-fast schemes.

I believe I've come to a point where I would like to start practising some medium-term/swing trading. My hope is that some of you, experienced traders, have some references to some trading strategies. Should I do DCA and hodl 50% and trade the rest? At what percentages is it wise to take profits? 30/50/65%? I only trade the money that won't make me go bankrupt, but I'd love to become good at reward/loss management and start somewhere.

Do you know any sources/calculators for doing statistics on profit/loss? For planning the budget? I would really really appreciate some newbie-friendly reading materials/guides or even excel sheet with pre-made formulas haha

Highly appreciate your input! Hope to return some of the good carma back to the cummunity when I become good at this Smiley
Most mistake newcomers in crypto always do is, they keep looking at Portfolio when the market is shaking. That alone puts fomo to one's self. And also we should mind the exchangers and groups we belong to. Don't take part in P&D it will burn out your capital.

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May 29, 2019, 04:23:17 AM
 #58

Don't set your profit too high or more than 5% because that will too difficult for you since you are still learning in trading. You can set it to 1% until you can analyze the chart with good so you can increase the percentage of about 2%-3% while you still learning more. But if you can master the analysis in a short time, then you can increase for more than 5% for every trade, but you need to find the right coin to trade.

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May 29, 2019, 06:44:51 AM
 #59

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.
Buy low and sell high is the strategy will make us profits no matter of anyone will do that but choose the trading if you are ready to lose your capital because sometime it will take years to get the sell price higher than the bought prices or just be the holder where you no need to worry about the price swings.

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Aivaryamal
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May 29, 2019, 08:58:38 AM
 #60

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
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