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Author Topic: Newbie trader be like  (Read 553 times)
akmal1984
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November 10, 2019, 11:08:58 AM
 #81


trading must have planning every time we will do it. It must be clear how much profit you will get and how much is your stop loss. It's the same with crypto if we want to trade, we must have profit and minus. This is if we really want to become a reliable player. If you only rely on luck alone in trading, then it's better you just don't need to do trading.
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November 10, 2019, 11:55:34 AM
 #82

It is very unfortunate to spend money on trading which without planning and targets. Maybe this does not apply to people who do have a myriad of money hehehe. But based on your story, it is true that without plans everything can be chaotic, especially when we are trading, or may be called Blind Trading, do not know the potential and when to buy, when to sell, just stop buying coins. but from there we can get valuable experience. I salute you.

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November 10, 2019, 12:18:51 PM
 #83

Not only plan and patience, but knowledge is also important to read where the direction will run. If we only trade with instinct and patience just like gambling.
So the science of trading is important accompanied by plans and patience in order not to waste our funds too much when experiencing losses.

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Kersh768
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November 10, 2019, 12:30:00 PM
 #84

I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.

Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading  is plans is very important. At the same time patience.
That's the good part, you've learned something. Simply, that's the process of becoming better from something you are doing. Trading is just that complex that even the old ones in this activity are making mistakes. The best part in trading is consistency on earning profit unlike on investment wherein when the market goes down, profit is hard to earn, while in trading, you only need to make good choices. Just be patient and not to be frustrated of the market situation and you would be successful in trading.

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vanjava
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November 10, 2019, 12:31:05 PM
 #85

that's the process to become a professional trader. keep looking for experience and learn something new and a mindset that is scheduled so that when trading can minimize losses.

Nwankwobtt
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November 10, 2019, 12:54:30 PM
 #86

I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.

Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading  is plans is very important. At the same time patience.

You cant be more right. Successful traders are studious individual with great amount of patience and strategy. You have to know what works best for you and develop yours. If possible, you can mirror the paths of good traders with proven track record too to minimise risks if you are still a newbie and loosing too much money

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November 10, 2019, 01:09:45 PM
 #87

I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.

Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading  is plans is very important. At the same time patience.

I always bear losses whenever I went for short term trading. You can have luck once or twice but not all the time.
Go for long term investment, if you really want to get huge profits.

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