Want to achieve success in trading?

[gabbie2010]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

Its easier said than done obviously its a big challenge to follows those itemized points when it comes to live trading a lot of traders emotionally or psychologically might not follow those rules again having incurred some losses in some trades and in a bid to recover those losses they bypass those rules and at the end incurred more losses having a mindset of greediness to their detriment of their set rules.
Experience matters most when becoming a successful trader because such a trader had been well punished by the market thus will trade with caution.

[Tungsten-1]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

Its easier said than done obviously its a big challenge to follows those itemized points when it comes to live trading a lot of traders emotionally or psychologically might not follow those rules again having incurred some losses in some trades and in a bid to recover those losses they bypass those rules and at the end incurred more losses having a mindset of greediness to their detriment of their set rules.
Experience matters most when becoming a successful trader because such a trader had been well punished by the market thus will trade with caution.

I think a trader should try to be himself and there should be nothing to brag about when it comes to trading because you could make a mistake anytime in investing in the wring coin etc. So I think if you are conscious enough and you have good understanding about the profits and loss in crypto, you would be able to minimize the cost and looking for a high profit could make things way to great for you. You learn with the passage of time.

[Finestream]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

Its easier said than done obviously its a big challenge to follows those itemized points when it comes to live trading a lot of traders emotionally or psychologically might not follow those rules again having incurred some losses in some trades and in a bid to recover those losses they bypass those rules and at the end incurred more losses having a mindset of greediness to their detriment of their set rules.
Experience matters most when becoming a successful trader because such a trader had been well punished by the market thus will trade with caution.

Right.Experience still matters the most.Your good tips in trading might be very helpful too but without varied experiences in trading,it won't end up sucessfully.Trading is all about risks taking.If you are hesitant to take risks,then do not bother to do trading anymore.

[el kaka22]

I believe trading and investing are about the same things at the first entry point, if you want to trade you first have to put in money to be able to trade, or you may just happen to find some money but even that is investment if you decide to trade with it and not take it out.

So, yeah investment long term and trading are different things but there is investment involved in trading as well, after you start to buy and sell it becomes trading but the first purchase is always trading. On that note the OP wants to tell people that they should not put in too much money and only put in money they can afford to lose because trading is a zero sum game considering the trading fee where someone makes money and the other loses and in the end the exchanges take all the money eventually.

[vixcious]

I have read so many types of theory and even read more about investment rules. but it is still only words and a theory.
In order to become a good trader, we not only need to read, we need to practice to test whether our transactions are right or wrong.
From there we will have experience and we will do a lot better than those who only read books.

[Noilee]

I have read so many types of theory and even read more about investment rules. but it is still only words and a theory.
In order to become a good trader, we not only need to read, we need to practice to test whether our transactions are right or wrong.
From there we will have experience and we will do a lot better than those who only read books.

Usually to read is very helpful and it can help you to understand also, because you will get more ideas. While you read, it needs to study it and try to apply in trading. So its easier for you to know if what can you do the best to make you success in trading.

[Rooster101]

If you are newbie, you should educate yourself first with the basics of cryptocurrency and trading. Learn how the coins and crypto market moves when there are ongoing developments or events related to them. Learn how to use technical and fundamental analysis, including price actions and master them before you start trading, the more you are prepared, the more you have the chance succeed in your initial trading. Be pateint and never stop learning.

[Vaculin]

If you are newbie, you should educate yourself first with the basics of cryptocurrency and trading. Learn how the coins and crypto market moves when there are ongoing developments or events related to them. Learn how to use technical and fundamental analysis, including price actions and master them before you start trading, the more you are prepared, the more you have the chance succeed in your initial trading. Be pateint and never stop learning.

It is good enough for new traders to know the basic in trading, and to learn more about this field will need time.
We can't learn it instantly but gradually, so we never expect those people who wan't quick and instant learning will succeed in trading but to lose their capital only. Cause even me, I'd struggled it before it almost perfectly done.

[rodel caling]

Do not invest more than you can afford

Why there is don't invest in trading? Trading doesn't need any investment. Trading isn't investment, which you only need to wait until your investment growing.

And don't forget, trading isn't a way to rich quick

Exactly trading is one of the source to earn profits but yes they can't get quick rich working in trading people need to this and to get huge earning in trading need focus and quality time with patience.

If you are newbie, you should educate yourself first with the basics of cryptocurrency and trading. Learn how the coins and crypto market moves when there are ongoing developments or events related to them. Learn how to use technical and fundamental analysis, including price actions and master them before you start trading, the more you are prepared, the more you have the chance succeed in your initial trading. Be pateint and never stop learning.

That is very pretty good advise for those all newbies want to join in crypto currency trading education is the best key how to success n trading.

[Viscore]

If you are newbie, you should educate yourself first with the basics of cryptocurrency and trading. Learn how the coins and crypto market moves when there are ongoing developments or events related to them. Learn how to use technical and fundamental analysis, including price actions and master them before you start trading, the more you are prepared, the more you have the chance succeed in your initial trading. Be pateint and never stop learning.

It is good enough for new traders to know the basic in trading, and to learn more about this field will need time.
We can't learn it instantly but gradually, so we never expect those people who wan't quick and instant learning will succeed in trading but to lose their capital only. Cause even me, I'd struggled it before it almost perfectly done.

I think everybody here have been through with a lot of struggles before making trading a sucessful one. Trading cannot be learned in just a short span of time because it will take a long period of time to master the movement of the coins and its price fluctuations. Newbies should be well prepared if they will enter into trading so they can make it a profitable one.

[bravehearth0319]

Your suggestions were good, but aside from those, you need to consider the market situations also. Like these few weeks, the cryptocurrency prices is really rallying very well especially bitcoin. However, you must be prepared for an unexpected things to happen. This is one of the characteristics of cryptocurrency.

[iMark]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

Yeah thats the basic you should to have for a trader is as you mentioned, I think traders also have to be smart in adjusting their strategies to the conditions that are on the market, when bullish as it is now, it might be good to take risks by allocating more funds to buy, I'm sure it will be worthed in the current market conditions

[Capt00]

We want success and more profitable but is it our choice to make it. A lot of individuals do the try but somehow only a few of them have passed. Most likely, those people who didn't make it are those people that aren't well prepared and don't have courage. As I've always put in my mind that, if others can do, I can also make it. But unfortunately, trading isn't for everyone and so others fail.

[ufaiz50]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

In trading we also need analysis, this is different from set goals, set goals is more to profits that will be taken and while the analysis to make you can guess how far the value will move, this gives you the position of the value of coins in management called trend analysis. I agree with some members that what is written OP is the basics of trading, even if it is explained that the basics still have other meanings and explanations, for example if we want to make a goal we need analysis where the set of goals we make is not wrong far.

[RealMalatesta]

Basic step and everyone already doing all of this, but still getting lost on their capital. Would be glad if you share your result trade history at here too, not only just make this guide/tips without a proof you already successful doing this guide/tips went you doing a trade activity.

Here are people that have followed those simple principles that you see diligently and have made it through their trade, trading is not just for everyone, those tips may never work for so many people, especially those who do not commit their heart to it or do it for passion.

If you rush into trade because you want to make quick money, without following right strategy and having a continuous practice, you will rush out back without making a dime. Everything is all about patient too, the fact the tips are not working out now, doesn’t mean it is ineffective, you just have to keep practicing to get it right.

[BuxCoin]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

nothing is easy at first when we start learning and doing trading from experience we can make it easy

you have said trading is difficult not easy and you give same basic points , there are several topics here which are more informative then yours

[jrrsparkles]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

nothing is easy at first when we start learning and doing trading from experience we can make it easy

you have said trading is difficult not easy and you give same basic points , there are several topics here which are more informative then yours

People will come up with more and more topics even if they were repetitive just for the merit hunting.Anyway its still good to discuss about the topic because price of bitcoin is again rising and it is going to hit new peak will attract lot of people towards trading as well.

[Krislaw]

Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

You have to good hand and smart mind. for now are easy to trading because price climbing up and my friend as new user can get profit on one night. This situation are different at 2018, this year is crypto world can get new richer

[semobo]

If you had huge investment in your hand then he will definitely successful in trading field because trading need lots of investment then only you can get huge profit using the trading method otherwise if you put very little investment then it will not developed very quickly so that you can definitely wait for long time to achieve something in this field.

[TrevorS]

There are numerous posts here which has the same thought but this one is lazy. OP didnt even explain it further. Seems like he gets one tip per post then make some topic here.

Anyway, being brave is what you need to start trading. Your guts will become your fuel to try risking your money and end up learning. After this you will realize that the loss you gain from trying is now paying. Red will become green and giving more usefull tips after.

Many people, looking at the success of traders, gain courage and begin to trade, while making a lot of mistakes, losing a lot of money. In trading you need a rational approach, without emotionally and calculating.
By the way OP really lazy.