Newbie trader be like

[albrots]

Trade planning is indeed very important in trading. Don't trade without planning. Planning includes managing capital and what coins you want to trade. Do not trade without a clear direction, and also the most important thing is to be patient to train mentally in trading. Mentally strong and must be wise in determining every decision you will make.

[barabarian1]

of course we must always have a plan and strategy in doing anything so that we get the maximum results. and when trading crypto, of course you have to have a good plan and strategy. without a plan and strategy we will lose a lot. and I also always do research before making plans. so things always have to be done before investing or trading. do research and analyze market conditions, choose potential coins then make strategies and plans.

[Google+]

trading should be able to make a lot of money and not spend money if you always spend money when trading and can't get profit then there is something wrong with the way you are trading, maybe you are still easily affected by bad news or affected by market conditions so you panic and will only make yourself lose.

[Jercyhora2]

Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you.

Planning is a must, it should be a stupid idea to trade without planning. Actually, it is not only about making a plan, but we must also learn everything related to trading firstly. I cannot imagine that someone tries to trade without having the proper knowledge. Trading without a plan & proper knowledge seems like fishing without a hook.  

"Invest what you can afford to lose"
I invested what I actually I didn't regret, it is the way how you want to learn about mistake to us to become more careful the next time you it next time.

[BlackFor3st]

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.

If you see already why you lost your trade then you need to adjust to it as trading is like trial and error especially if you are still a newbie. Learn to be resourceful and don't be dependent to few information's that you get instead use all the resources that will help you to become a successful trader.

You need to be clever in trading as greed will eat you in the end especially if you are earning to it already. That is the common mistake of few traders who are good enough to make their decisions already in every trade that they make, so it's better if you know how to control yourself and don't make a trade that has a high risk.

[lienfaye]

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.

Knowledge, strategy and plan are important when it comes to trading. Its fine to commit mistakes since you're a beginner and you learned something from that experience. Now you know its not easy as it seems and you need a plan to follow to avoid the usual mistakes of a trader.

[Christinebeauty]

Yes planning is very important in trading, you need to plan very well before you throw your funds into it. You must plan on when to enter the market and also your exist plan. You need to also be patient so that you dont always jump into panic selling

[ajeef]

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.

If we're still a newbie we don't recommend to take our self determined to take which coin that we will buy and when we have to buy it. We better learn first from the professional traders and there are many pro traders analysis on the internet that you can find. Most of them are on twitters if you're following crypto traders twitter account but if you want to learn more specificilla in technique you can learn it from tradingview. Before we have learned many people analysis and how they predict the price.

[korean1999]

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.

yeah i agree with your point. Because if we want to trade successfully, we have to plan and understand the meaning of that transaction. Otherwise we will lose a lot. Many people always complain why the market doesn't go up as they want, but actually the market goes up and they don't invest in the right place. So people like that are often hard to profit

[Best Dreams]

I think that the most important thing for a trader is the skill of trading, not the plan. However, the plan is also very important. When I was in trade, I lost a lot when I did not have a plan.

Yes, a trader must be well trained and he must know how to gain money. Trading skills is not that easy or that difficult so before starting a trader must know the rules. It’s much better to know the market condition and they should buy at a low price than trade for the long term and keep holding as much as possible.

[shoreno]

thats right . never stop easily because what you have experience might only be a trial  . a trial to train you to be a better trader  but you said you already waste alot of money  ?  that simply means that you are betting too much   . so my only suggestion is that dont bet too much but bet only small because you might be a newbie on this trading business .  plans , patience are nothing if you will not follow them  .  this is why you also need a strong self control to   not get distracted so easily

[tsaroz]

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.

Patience is the main virtue a new trader lacks. They seem to make many quick trades in and out that just wastes the trading fees without making any profit. Plan your actions and go with the plan. Market trend may change your plan but don't hurry to sell on loss when the market is having a fall.
We've seen a quick rise after each fall and it's a good idea to buy after 24 hours of a decreasing market.

[HabiebRiziq]

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.

It is necessary to first understand how to trade in cryptocurrency before deciding to trade. And for beginners, I would suggest starting with a small amount of money and don't forget to observe the movement of the market charts to determine when it is appropriate to start and determine the decisions that will take later and it is better to ask for advice to some of the people closest to you before starting to trade.

[mr_random]

without a plan anything can be detrimental , trader needs a lot of lessons including planning and patience not only that mate a trader must also have a deep understanding of the situation or conditions that are in the price pattern ,experience is more important than so you will not fall as you have occur

Agreed. People see trading as something what can be done by everyone. What is difficult on trading right? And after that you see statistic that around 90% of traders are in a loss, while only 10% of them are in a profit. It it because these 10% people are educated? Of course!

It is not only about the education and the management, the trading skills are not given to every trader as a gift. Some people's capacity is higher than average due to the education background and the risk estimations. 90% of crypto traders have no emotional control and their profit curve tends to go down in bad market conditions. The loonger mastering crypto markets takes, the higher chances occur to lose in the game of whales.

[Zeke_23]

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.

Patience is the main virtue a new trader lacks. They seem to make many quick trades in and out that just wastes the trading fees without making any profit. Plan your actions and go with the plan. Market trend may change your plan but don't hurry to sell on loss when the market is having a fall.
We've seen a quick rise after each fall and it's a good idea to buy after 24 hours of a decreasing market.

Most of the time, newbies are always making a mistake because of being indecisive or making quick decisions. It is true that patience is one of the key to have a successful trade. Having an action plan will also help to avoid unnecessary selling of trades and will help a trader to make an advance plan .

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.

It is necessary to first understand how to trade in cryptocurrency before deciding to trade. And for beginners, I would suggest starting with a small amount of money and don't forget to observe the movement of the market charts to determine when it is appropriate to start and determine the decisions that will take later and it is better to ask for advice to some of the people closest to you before starting to trade.

Yes, because without proper knowledge, your investment will be put to waste. Gain experience and knowledge before spending a lot of capital to avoid unnecessary losses.
Asking someones advice is also fine, it helps a newbie to make his own decision when he starts to trade on his own.

[Republikcoin.com]

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.

not just plans, but also information. you might be able to easily devise a plan like "buy when you go down and sell it when you go up", it's a very general plan, or buy when the price goes down a few percents without and wait for it to go up without any information. prioritizing information is far more important to support the success of a plan.

[trauchot]

To start trading by yourself without experience and without any knowledge is too big a risk and most likely you will lose all your money and therefore I always advise you to start trading with experienced traders in order to gain experience and then start trading by yourself without any help.

[mirakal]

It seems like you have already realize your mistake, I'm sure you will improve and I know you have a chance because you don't easily give up.
Just take it easy, it's normal that newbie will tend to make more mistakes but what's necessary is you improve along the way.

Investing or trading here is not a race, what's necessary is you end up profitable whether you end in short or long term journey.

[DabsPoorVersion]

To start trading by yourself without experience and without any knowledge is too big a risk and most likely you will lose all your money and therefore I always advise you to start trading with experienced traders in order to gain experience and then start trading by yourself without any help.

Yes, It is like getting into a war without firearms and experience on how to fight. It is risky in a way of not knowing the next possible action to take.

Start trading with others? you mean he should get along with the tricks of other traders? It is not a good way to start trading, it is like getting yourself stuck in the back of someone for some time. It is better to learn and do research, getting enough knowledge is much better to avoid having a loss.

[Free1bitco.in]

It seems like you have already realize your mistake, I'm sure you will improve and I know you have a chance because you don't easily give up.
Just take it easy, it's normal that newbie will tend to make more mistakes but what's necessary is you improve along the way.

Investing or trading here is not a race, what's necessary is you end up profitable whether you end in short or long term journey.

such failures will indeed improve the quality of someone in business or trading. the example he feels that trading requires a plan. it proves that its ability is upgraded.

Because of that, try to focus more on doing it. Such failure can occur because you feel it is a trial. Trading with a very focused and attentive to charts that occur from time to time may make you aware of signals that have not even been found by others. keep learning and not giving up easily is what is needed in this business.