Trading Tricks For Newbies

[Furious 7]

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....

I trade with small capital, I think it's too big for beginners.
50 $ is enough for a beginner, this is needed to avoid greater losses. after several parts are understood and get profit there is a right time to add more capital.

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[iv4n]

There is no tricks in trading, you trade for profit, you decide when to buy, when to sell, where is the trick in that? Finding the right time for one of this two actions is not a trick, it`s matter of research and your analytic skills. Trick is not even in the right coin, you can trade with any coin, most of them fluctuate a lot, just some coins need more time for recover, others do that faster.
Being patient is not a trick, it`s how you build strong character, and in trading sometimes it`s better to wait for a while than to rush into stupid trades and lose money.

[vian30]

I think because everything has been done by pro and new tram riders, which is important in running the world of digital trading that anticipates losses that may occur at any time, because the market is moving so fast and unpredictable, for beginners like me it is very important to learn a lot about things this...

[maydna]

I guess the trick is about you can analyze each coin at the market, and if you can found more than 3 potential coins, then I think you found a hidden gem that will give you a big profit. But with the situations of the market today, I guess that you will feel difficult to find the right coin to trade because sometimes the market tricks us and make us buy the wrong coins. We need to analyze deeper for each coin to find that hidden gem so we can buy the coin at a low price, which is not many of the altcoins can be the right coins.

[guoyu78]

There is no tricks in trading, you trade for profit, you decide when to buy, when to sell, where is the trick in that? Finding the right time for one of this two actions is not a trick, it`s matter of research and your analytic skills. Trick is not even in the right coin, you can trade with any coin, most of them fluctuate a lot, just some coins need more time for recover, others do that faster.
Being patient is not a trick, it`s how you build strong character, and in trading sometimes it`s better to wait for a while than to rush into stupid trades and lose money.

The only trick that I can associate to trading is simply strategy, that is the main key to having a successful trade and also following the rules of trading such as not being greedy, leveraging reasonably, but for strategy, we must be able to have a very strong technical skill and be able to analyses charts t the fullest, if we are able to analyze chart, then we will be able to always successful study the direction of any coin that has volume and has real use case.   

I actually agree with you that there is no trick because trick only works for markets that you can crack and can individually manipulate, but trading cannot be manipulated, it is the result of what you trade that you get, so trick actually has not meaning in this regards but your skills alone does.

[iv4n]

There is no tricks in trading, you trade for profit, you decide when to buy, when to sell, where is the trick in that? Finding the right time for one of this two actions is not a trick, it`s matter of research and your analytic skills. Trick is not even in the right coin, you can trade with any coin, most of them fluctuate a lot, just some coins need more time for recover, others do that faster.
Being patient is not a trick, it`s how you build strong character, and in trading sometimes it`s better to wait for a while than to rush into stupid trades and lose money.

The only trick that I can associate to trading is simply strategy, that is the main key to having a successful trade and also following the rules of trading such as not being greedy, leveraging reasonably, but for strategy, we must be able to have a very strong technical skill and be able to analyses charts t the fullest, if we are able to analyze chart, then we will be able to always successful study the direction of any coin that has volume and has real use case.   

I actually agree with you that there is no trick because trick only works for markets that you can crack and can individually manipulate, but trading cannot be manipulated, it is the result of what you trade that you get, so trick actually has not meaning in this regards but your skills alone does.

To make it simple, price is dropping you are buying, bitcoin price always bounce back and make new top. When it goes up you are selling. You don`t need to make any analyses, you don`t need to follow rules, you need to set up order for buying or selling and just wait for it to happen. And if you are not greedy with your buy/sell order than your orders will be executed in some time for sure.
Everyone should have some strategy, I always advise people to make their own. Read what others have to say, but in the end do what you think it`s the best, and keep it simple!

[Mehr Sher]

I don’t think there is any rocket science when it comes to trading. I won’t really call this as a trick but more of a way to work. I use Trading Tool, which is more than enough to help with getting results in my favor. If we try to do anything unnecessarily, it’s just meant to trouble us to no end. So this is where it’s such a vital part for one to focus on getting these things worked right to benefit from.

[Janation]

I don't think that there'is secrets how you can become successful trader. Follow the trading signals, don't trust unverified sources in order to not get into pump&dump scheme and do your market reserach. Also don't forget to use stop loss method.

Another thing to be considered is the volatility of the cryptos.

If you are a trader, better look out for the sudden price changes since if you do not know about that and you just dive head first, you will regret that and you might even blame Bitcoin for that. Also, not because it is volatile means it has a higher possibility of earning quickly, it dont work like that. It has its risks and if you are not ready to take risks, better not invest or trade.

[bitbunnny]

I don't think there are tricks that will help you to become successful trader, Bitcoin is not an easy money like some think. But there are some rules you need to follow. Buy low and sell high, be always present on the market and don't expect unreal profit, be always prepared for dump and don't invest more than you can afford to lose.

[coinhunt]

Well, there are some tips that may help you to trade better and get more profit. Sure, nothing can replace research and practice, but some it doesn't mean that you can't use some tools that make it easier. And actually, there is one tool that may help you in doing your homework. Not so long ago I discovered CEX Info Bot, https://t.me/CexIoInfoBot, and find it a good instrument that monitors the situation on the market and how coins price is changing. I think it may serve as a good assistant while researching, and both a signal of when it's time (and when it is not) to enter the market.