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Author Topic: Newbie looking for some strategic advice  (Read 1705 times)
Lecam
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February 16, 2020, 08:53:39 AM
 #121

I'm not very good in trading and only I share to is my experienced how can I make money in trading in the year 2016 I earn money in this year until 2017 I've been good in trading so I earn money. But 2018 come crypto become slow and very hard to trade so that I stop trading in that year until now. There's a lot of strategies advice you search in YouTube.
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February 18, 2020, 10:28:44 PM
 #122

When the time I start trading before I read a lot advice about how to proper trade here in forum. I also learn how to hold if the market is dumping and trade when there's a litte rise in the market. Also before I do trading I always check or monitor the market because here you will see if its time to trade or not. Also you should have good coin before you trade and the key to get huge profit by choosing a coin.

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February 18, 2020, 10:49:18 PM
 #123

When the time I start trading before I read a lot advice about how to proper trade here in forum. I also learn how to hold if the market is dumping and trade when there's a litte rise in the market. Also before I do trading I always check or monitor the market because here you will see if its time to trade or not. Also you should have good coin before you trade and the key to get huge profit by choosing a coin.
Reading everything does matter it will just depend or vary on how you do find these informations for you to read up for it to be added into your knowledge.
You can compile all things that you had learnt and applied it on your trading system.This would be like some trial and error until you do able to grasp on
what kind of trading will suite you in.You can get others strategy but you should think that not all things would work on the same way.It might worked for them
but doesnt work for you.

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February 21, 2020, 07:55:57 PM
 #124

short sell margin trading is not a good strategy idea for beginners because margin trading is only for people who are really right can analyze market if beginners try margin trading beginners will immediately lose money

Kasabus
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February 21, 2020, 09:48:43 PM
 #125

I believe that every newcomer should use all existing information in order to gain experience in cryptocurrency trading and obtain the necessary knowledge to get a good result from their activities.  Of course, this will take quite a long time, but in order to already be able to receive some income from trading cryptocurrency, many traders use trading signals and trading bots.  But there is a very big risk of being cheated.  Therefore, before using this or that Trading bot or signal, you need to make sure of its effectiveness and authenticity.
You won't know the result of your trading strategies unless you never try using it. You can start trading with a small capital either in short term or long term trading and once you see some good returns, start to level up the amount you want to trade. Trading is very risky to think but if you know what you are doing because you are already equipped with knowledge in trading, it will turn out profitable even if the market will suddenly crash.

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February 22, 2020, 07:41:43 AM
 #126

With out having any practical experience we don't get any knowledge hear. On reading watching videos regarding Trading we con't learn anything. So do practice with demo account, it give good experience, it's helps a lot to take correct decisions at correct time.
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February 22, 2020, 09:53:51 AM
 #127

With out having any practical experience we don't get any knowledge hear. On reading watching videos regarding Trading we con't learn anything. So do practice with demo account, it give good experience, it's helps a lot to take correct decisions at correct time.

What do you mean?

In terms of watching YouTube videos, you can learn a lot since a lot of investors from famous to not that popular share their ideas and experiences online. You can learn a lot from that but in terms of gaining experience, I guess that is what you're saying.
MWesterweele
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February 24, 2020, 09:40:44 PM
 #128

With out having any practical experience we don't get any knowledge hear. On reading watching videos regarding Trading we con't learn anything. So do practice with demo account, it give good experience, it's helps a lot to take correct decisions at correct time.

What do you mean?

In terms of watching YouTube videos, you can learn a lot since a lot of investors from famous to not that popular share their ideas and experiences online. You can learn a lot from that but in terms of gaining experience, I guess that is what you're saying.
I remember before when I just starting do trading at first I dont know what exactly to do. And to learn the proper way of trading ang to get basic knowledge, I asked some opinion , have research, read some article about it. Then after I'll get enough knowledge I try to do what I learn from my knowledge and I succeed. I akwaus remember someone say to me the first thing I must do before I do trading is I need to know the current situation of the market then after I should be quick because the market movement is shift fastly.

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February 24, 2020, 09:50:50 PM
 #129

short sell margin trading is not a good strategy idea for beginners because margin trading is only for people who are really right can analyze market if beginners try margin trading beginners will immediately lose money
Getting right...
We can get into the Grade 2 level without taking the Grade 1 level, the same thing it applies in trading. Learning the basics is very important and a must thing to do before we will go far and make our own strategy. But of course, we can't make it instantly and for sure it needs someone who could give some help or any resources that you get learnings.

There is no harm in aiming so high but we also have to think that it can only be possible and meant achievable if we really work on it and never get tired of doing research and keep learning.

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dunfida
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February 24, 2020, 09:59:09 PM
 #130

short sell margin trading is not a good strategy idea for beginners because margin trading is only for people who are really right can analyze market if beginners try margin trading beginners will immediately lose money
Getting right...
We can get into the Grade 2 level without taking the Grade 1 level, the same thing it applies in trading. Learning the basics is very important and a must thing to do before we will go far and make our own strategy. But of course, we can't make it instantly and for sure it needs someone who could give some help or any resources that you get learnings.

There is no harm in aiming so high but we also have to think that it can only be possible and meant achievable if we really work on it and never get tired of doing research and keep learning.
Researching is everything and you cant learn everything overnight thats why it does really need some effort and time for you to search up everything and learn from it
and all things you do need is already in online and its up to you on how you would use it up either you can read up some ebooks, watching youtube videos
reading up others trading system and apply it on your own. Learning can be attained and exploring something new while you do trade along the way.

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February 25, 2020, 09:07:19 AM
 #131

With out having any practical experience we don't get any knowledge hear. On reading watching videos regarding Trading we con't learn anything. So do practice with demo account, it give good experience, it's helps a lot to take correct decisions at correct time.

What do you mean?

In terms of watching YouTube videos, you can learn a lot since a lot of investors from famous to not that popular share their ideas and experiences online. You can learn a lot from that but in terms of gaining experience, I guess that is what you're saying.
I remember before when I just starting do trading at first I dont know what exactly to do. And to learn the proper way of trading ang to get basic knowledge, I asked some opinion , have research, read some article about it. Then after I'll get enough knowledge I try to do what I learn from my knowledge and I succeed. I akwaus remember someone say to me the first thing I must do before I do trading is I need to know the current situation of the market then after I should be quick because the market movement is shift fastly.

That is so true.

We can't just engage in something that we don't know. As Benjamin Franklin says, "By failing to prepare, you are preparing to fail". We all know that we can gain knowledge from experience, but it is still good to prepare despite being a new one. That would give you a slight boost than others.
quarkfx
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February 25, 2020, 10:47:16 AM
 #132

swing trading is best for newbie I did swing trading a lot when I started , the lesser the time you trade more experience you need so stating with safer time frame is good margin trading and will be risky for newbies , if you have good capital and search for long term and invest 50% in long term 25% in short term and rest of the capital you can do other things which can generate income daily
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February 25, 2020, 11:30:39 AM
 #133

With out having any practical experience we don't get any knowledge hear. On reading watching videos regarding Trading we con't learn anything. So do practice with demo account, it give good experience, it's helps a lot to take correct decisions at correct time.

What do you mean?

In terms of watching YouTube videos, you can learn a lot since a lot of investors from famous to not that popular share their ideas and experiences online. You can learn a lot from that but in terms of gaining experience, I guess that is what you're saying.
I remember before when I just starting do trading at first I dont know what exactly to do. And to learn the proper way of trading ang to get basic knowledge, I asked some opinion , have research, read some article about it. Then after I'll get enough knowledge I try to do what I learn from my knowledge and I succeed. I akwaus remember someone say to me the first thing I must do before I do trading is I need to know the current situation of the market then after I should be quick because the market movement is shift fastly.

That is so true.

We can't just engage in something that we don't know. As Benjamin Franklin says, "By failing to prepare, you are preparing to fail". We all know that we can gain knowledge from experience, but it is still good to prepare despite being a new one. That would give you a slight boost than others.

Especially if we have limited balance intended for investment we should really be vigilant on things since we cannot get back what we lose if something crazy happens on those platforms, But since we are on this era where information's are given we can learn from the other experiences and mistakes so that we cannot apply to ourself since it's so pity for us to lose some money even if we know that the platform we try to invest is so shady.

R


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April 14, 2020, 07:04:09 AM
 #134

If you wish to start investing in the stock market, it is instrumental in gaining an understanding of stocks and shares. Regular investment, along with the eliminating financial risk, can help you save significant money over time.

The following stock market guide and advice should assist the beginners to save funds for the future –

Set long-term goals as you benefit the most while investing in stocks and shares.

The risk levels associated with the chosen investment option must be analysed before putting your money in it.

One of the primary and essential requisites of investing in the stock market is keeping your emotions at bay.

Before investing, study the basics of the stock market guide, including the different securities that form the market.

Maintain diversification of stocks that are primarily done by expert investors after all the research gets done.
Eplus_Team
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April 14, 2020, 10:13:28 AM
 #135

I think even you are newbie trader, you have a little knowledge about it and for sure I believe that someday will discover the strategy that are good for you because it depends sometimes your strategy and your patient. But mostly if the trader are newbie we are recommending for long-term holding because less risky and high return for me base on my experienced than shorterm.
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April 14, 2020, 10:16:40 AM
 #136

...Looking forward to reading your views. Thank you in advance.

I think you need to divide your deposit into two equal parts. You can use the first part for long-term investments by choosing to hold bitcoin and ethereum - these are time-tested coins. And you can use the second part of your deposit for short-term transactions.

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coinfinger
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April 14, 2020, 10:20:18 AM
 #137

I think you need to divide your deposit into two equal parts. You can use the first part for long-term investments by choosing to hold bitcoin and ethereum - these are time-tested coins. And you can use the second part of your deposit for short-term transactions.
These seem like more realistic approach because this idea will not let anyone to risk all their capital in trading and at the same time they will get chances to maximize their capital by investing with  bitcoin kind of coins in long-term holding. I appreciate your suggestion.

When dividing the capital into two parts, I guess it would be much better not to go in equal parts because we must give priority for long-term holding because we are going to deal with bitcoin so it could be better if we allocate around 70% with the goals of long-term holding the coins like bitcoin and ethereum and only with the remaining 30% we may risk in short-term trading still trading in bitcoin/ethereum against fiat is recommended rather than trading any crypto/crypto pair.
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April 14, 2020, 06:30:53 PM
 #138

Risking all of your money all at once has never really been a smart decision since start of humanity. Everyone should learn diversification at this day and age and diversification doesn't just mean putting all your money into different stuff, that is one part of it, it also means putting your money into investment in parts as well, you do not put 100% all your money together, you put 5-10% at once and then give a break and do another 5-10% after a while, you can only do about 20% if there is a huge movement and a drop when price bottoms out but that's about it.

Of course along with that method, you have to also diversify the things you invest into as well, that never gets old neither. If you do these two methods then you will basically be fine in the long run.
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