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Author Topic: Trading Tips for Traders here  (Read 1184 times)
danherbias07
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December 29, 2019, 02:55:21 PM
 #21

Quote
Never Spend too Much

You have to make sure you are regulating the money you are spending. It is very easy to overspend and make a loss if you aren't careful, and this is why you need to make sure you set yourself a budget before you begin. This is something you need to make sure you get right as soon as possible, and it can help you to get the best possible outcome.

Most important of all.
It ain't gambling anymore or if you do think it is then go on. Have a blast.

Budget should be enough of what you can spend only. Never even try to spend the savings money or the daily budget for food and bills.
I learned from experience already.
It became like gambling to me. Although I am not addicted to trading, I just really want my money back so bad.

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December 30, 2019, 04:27:04 AM
 #22

Quote
Never Spend too Much

You have to make sure you are regulating the money you are spending. It is very easy to overspend and make a loss if you aren't careful, and this is why you need to make sure you set yourself a budget before you begin. This is something you need to make sure you get right as soon as possible, and it can help you to get the best possible outcome.

Most important of all.
It ain't gambling anymore or if you do think it is then go on. Have a blast.

Budget should be enough of what you can spend only. Never even try to spend the savings money or the daily budget for food and bills.
I learned from experience already.
It became like gambling to me. Although I am not addicted to trading, I just really want my money back so bad.

It is not hard today to find information about trading because, by the innovation of technology, we have now an internet. By the use of search engines we can now type a word of trading techniques and trading tips, there is a lot of information will give to us. In trading, we must be knowledgeable because we don't want to risk all of our money and waste in just a single mistake of trading. Knowledge the best key to success in trading if we are always updated what is happening in the market and the environment in cryptocurrency, we will avoid loss of income. Next is choose the best coin suits for your trading, not all the coin is good for short term and long term trading, this is one common mistake of the other beginner trading, they are investing in bitcoin for a short term investment, but it is for long term investment. Lastly is always trust your trading and don't get feared about what is happening in the market. Some people are pulling out their investment because they saw the price of the coin is dropping.

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December 30, 2019, 10:28:47 AM
 #23

As my mentor taught, there can only be two developments on the market.  Or you make a profit, or a loss.  The third option simply does not exist a priori.  And also very good advice was such as to respond in time to a change in the cryptocurrency market, because only a growing market can and should be predicted in advance, and if the market falls, then this should never be done and therefore you should not risk your assets.
Moreover, taking into account the current state of the cryptocurrency market and if a trader in such conditions was able to make a successful transaction, then you do not need to follow the situation, because further actions may be wrong due to increased excitement and a sense of a successful life period.  It is necessary, as always, to correctly analyze everything, and also to weigh the pros and cons.
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December 30, 2019, 10:47:53 AM
 #24

general tips are everywhere many of us read and get temporarily motivated but none of us correct or apply those in trading ,

general tips like :- dont put your emotions while trading , the problem is they wont tell how can we stop our emotions in trading , what steps we can take to avoid emotions, without knowing this reading  1000 times ''  dont put your emotions while trading ''  is useless
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December 30, 2019, 11:10:31 AM
 #25

Be careful on the tips that the other giving to you, just trust yourself and everything will be fine. There are times that you can lose money if you will follow the tips of the other self proclaimed gurus. There are fake information all over the internet so be careful on the tips of the others. If you still following the tips of the others, make sure that it can help you and it will not get you down.
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December 30, 2019, 11:15:15 AM
 #26

Just read all the tips given but don't give a full shit on it since sometimes they are not totally working since even for theirselves they don't apply those so best to learn from yourself and read some reliable trading books since I think this is the most helpful rather than reading the post here.

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December 30, 2019, 11:39:40 AM
 #27

~snip~
So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.
I did not see if that is crypto trading did you try to share on us. That is a general trading but crypto trading and national currency trading has a big difference. I will not suggest to the newbie to enter the day trading, because that is very risky to them and might lose everything if they dont know it very well. I will appreciate if you have a tips for the basic trading like buying and selling point and know how to have perfect timing in trading.
Crypto trading and Forex trading have a lot of difference indeed. Besides, I think day trade for crypto space is not a good option right now due to the fact that we are still in a bearish trend. Regarding on the tips provided by the OP I think it is too general and I think newbies are already been know what are the basics I think it would be much appreciated if we will give something more knowledgable just like the experience for example.

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December 30, 2019, 11:44:57 AM
 #28

Just read all the tips given but don't give a full shit on it since sometimes they are not totally working since even for theirselves they don't apply those so best to learn from yourself and read some reliable trading books since I think this is the most helpful rather than reading the post here.

Those tips are helping but there will be no pattern that can we experts or remember in cryptocurrency trading because the market movement are so dynamic and impossible for any prediction can go 100% but luck. So i think the most important thing is the experience and how we control our loss
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December 30, 2019, 04:03:53 PM
 #29

These tips are general and not related to cryptos, so it is dangerous to take them, especially in this highly volatile market.
Daily trading is dangerous for beginners, as there is a lot of manipulation, fake bumping, Scamming, wash trading,...etc
I hope that you modify it or allocate a part related to cryptos. Focus on dealing with these risks because many beginners like the rapid increases "more than 100% per day" which are often fake.

Kind of have the same thought after reading the titles on the article.
It is the basics which might really be needed but you wont learn it unless done.

Greed for example but in there it is said as "never spend too much".
It is just the same for me. You are spending too much because you want more profit than what you are already spending.
So, this kind of emotions do really exist to those who already started it.
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December 31, 2019, 12:49:35 AM
 #30

The article seems useful not just for newbies but also for those experienced traders. I totally agree that you have to choose which type of trading are you going trough but let me tell you that margin trading, forex trading are more risky and you need some established knowledge to further proceed.

As a trader, every tips is important. We all want to learn more and integrate in real scenario of trading. Just a few things to remember, emotions will gonna messed up trades set them aside. Set a target and stop loss. Usual tips but useful.
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December 31, 2019, 01:40:48 AM
 #31

Although we have reading many kinds of article way how to get tips from trading in fact we got not the same our reading tips before, many problem faced in bitcoin and altcoin trading because we can't prediction what happen few minutes later after buying bitcoin and altcoin, we always know how terrible investing with bitcoin and altcoin after price dump suddenly.
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December 31, 2019, 02:05:49 AM
 #32

just a beginner for trader, who is greedy and doesn't learn about trading tips. because only thinking about profits, but not learning the process of getting profits. some tips on that article are true. learn everything about trading, choose coins to trade, and not be too greedy in trading.
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December 31, 2019, 02:09:27 AM
 #33

just a beginner for trader, who is greedy and doesn't learn about trading tips. because only thinking about profits, but not learning the process of getting profits. some tips on that article are true. learn everything about trading, choose coins to trade, and not be too greedy in trading.

Looking forward on the profit alone could actually end up a disaster to traders. Sometimes, they become emotional traders, setting aside stop loss. Others are not contented with 10% profit. That will be a disaster recipe.

Trading is all about skills and self-discipline and control. There is no other way.

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December 31, 2019, 02:51:28 AM
 #34

Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.
I find that this is a sketchy article and does not carry any core values. everything is generic and this is plentiful in the information pages at Google. It makes no difference to a new trader, it's all a bunch of pointless theory. To trade well, we should learn from the basics of how the economy works and mainly analyze the psychology of the crowd. If we can really understand the psychology of the crowd, we have captured 50% of the winning rate in our transactions. Then indicators and a new way of managing capital bring higher odds of winning.


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December 31, 2019, 04:48:42 AM
 #35

Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.
This is just the right advice for beginners in this market, if you want to become a professional trader, you will need more knowledge like that. You need to have a lot of knowledge about the bull and bear markets, analyze the charts and the impact of the news....
But it is a great article anyway and it will help many newcomers to this market

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maydna
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December 31, 2019, 05:39:08 AM
 #36

Just read all the tips given but don't give a full shit on it since sometimes they are not totally working since even for theirselves they don't apply those so best to learn from yourself and read some reliable trading books since I think this is the most helpful rather than reading the post here.

After we read those tips, we should analyze by ourselves, so we can get deeper information about the current situations, and we can determine to enter the market, or we need more time to enter. We cannot depend on all of the tips because we don't know if those tips will be accurate or not, so that is why we need to search more about the tips. By doing that, I think we can get hidden information that they don't share with the public so we can act based on the situations.

You always need to be careful to decide to enter the market if you don't want to make a wrong buy and don't buy with all of your balance because that will be too risky for you.
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December 31, 2019, 07:55:43 AM
 #37

Quote
Learn the Ropes
The first thing you need to do is make sure you learn the ropes, and the way to achieve this is to do your research before you actually get started. There is so much online that you can find out about day trading, and you have to make sure you find out what day trading is, what the pitfalls are, and what you can do to become more of a success when you take part in day trading.

This had been told here like a thousand times.

And so is this.
Quote
Never Spend too Much
You have to make sure you are regulating the money you are spending. It is very easy to overspend and make a loss if you aren't careful, and this is why you need to make sure you set yourself a budget before you begin. This is something you need to make sure you get right as soon as possible, and it can help you to get the best possible outcome.

Quote
Use the Right Platform
This though might help but I have my own chosen platforms rather than what you are offering.

Good luck though to the new traders that will join the jungle.  Grin
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December 31, 2019, 12:19:23 PM
 #38


Most f leading Exchanges best place and offering crazy features like indicators and charts.It helps t traders to take right decision.
cryptotraders increasing in number,also forex traders switching as crypto trader and use the methods of TA respectively.

It leads the clear story to understand the the charts and getting expected outcomes.


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December 31, 2019, 12:40:06 PM
 #39

We know the risk in trading and before planning to engage in trading, we better examine ourselves if we are much confident of what we are doing. Difficulties and market struggles are a part of trading, yet sometimes we suffer loss and might more rather than of gaining.

The only tip that I could say is that Don't trade if you are doubt in crypto or you are not prepared well.

R


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December 31, 2019, 02:56:37 PM
 #40

Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.
This is just the right advice for beginners in this market, if you want to become a professional trader, you will need more knowledge like that. You need to have a lot of knowledge about the bull and bear markets, analyze the charts and the impact of the news....
But it is a great article anyway and it will help many newcomers to this market

This topic is always in the list, but here's the most important thing, we share all our thoughts to help our fellow traders. No matter if you're professional or beginner but you always need to secure your money. Experience is essential and in order to achieve those experience, you need to practice and apply what you've learned. Maybe you'll learn some of aspects as you trade and trade. No matter if you succeed or fail, the important thing is you learned.

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