Trade with planning

[panganib999]

Well, that's the basics of the basics. Minimizing your losses and maximizing your profits all stem from planning your set of steps and moves in series of time frame that you have analyzed or researched upon. There's also the pairings and exchanges you would use, as well as possible moves regarding unexpected scenarios that is out of your pre-planned timeline (which you made through analysis). Basics of the basics, but can be also said to be very advanced since even professional traders at times have difficulties managing their planning phases when trading. It isn't more about the guide, but rather the experience of actually failing because of having no plan.

[Shimmiry]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

usually in the case of many traders who have lost, so too the experts they also experienced defeat in trading it's just that experts usually take the moment to minimize defeat and can even turn back to victory, this is usually because they have experience like you said that people those who go out after losing are traders who are usually invited by friends to introduce bitcoin to him but do not provide any basis and any knowledge about trading so that he is trapped and then out, but this is great if those who lose learn from the defeat, they will become experts and expert trading like the others, but what you say and write may not be applicable to them, I think without that guide they will become great traders when learning from defeat

Many beginner traders today are jumping ahead in trading even they don't have enough knowledge on how to manage crypto trading. As a beginner trader, before I consider a lot of things because most of the time I read in the forum and also based on my research, I need to know about trading first because it can give a good idea about the future problems on trading. Next is the choice the best coin depends on your trading technique if it is suitable for short term trading or long term trading. And most important is to trust your self many traders got feared if they see the price of the going falls, and they withdraw all of the coins they invest. Always trust your trades; it is normal that the price fall.

[Meowth05]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

I've seen a lot of beginners who used to trade without using any plan. But I can't blame them since they are just newbies they don't have enough knowledge and experience in this industry that is why it is why giving such articles regarding this matter might be helpful for them to have them aware of the system. Honestly, when I was a newbie also don't use any sort of plan for my trade and it is been tough I admit, but as I get the experience I learn to make a plan for my trade hence I am pretty sure that as they soon got some of it then they will improve their way of trade.

[naikturun]

usually panic arises for beginners who are just trading, they quickly make decisions without thinking, but over time they will realize that it is common in crypto, just a matter of time.
I'm also not very good at daily trading, more to hold for a certain period of time.

[maxreish]

We have to realize the fact that in Trading, we are also gambling. It is not always the winning part of the trades but also the losing part, too. The only problem for newbies is that they cannot afford to lose the money they tend to trade. Emotions are normal in trading but if we want to be successful in trading, we can control it set aside unhealthy strategies and emotions and continuous learning for improvement.

[maydna]

We have to realize the fact that in Trading, we are also gambling. It is not always the winning part of the trades but also the losing part, too. The only problem for newbies is that they cannot afford to lose the money they tend to trade. Emotions are normal in trading but if we want to be successful in trading, we can control it set aside unhealthy strategies and emotions and continuous learning for improvement.

Not just newbies, but the old traders who have experience in trading needs to make a plan in trading so they can manage their strategy related to the market situations. But not all of them can control themselves in trading, especially if they see that they can make a big profit. Most of them are still waiting for the price to increase higher than the price they saw. But not all of them can make a profit because some of them will have greediness in making more profit, and that can make them lose the profit if they still want to chase more profit.

[asus09]

We have to realize the fact that in Trading, we are also gambling. It is not always the winning part of the trades but also the losing part, too. The only problem for newbies is that they cannot afford to lose the money they tend to trade. Emotions are normal in trading but if we want to be successful in trading, we can control it set aside unhealthy strategies and emotions and continuous learning for improvement.

When panic arrive all of planning can be broken because many people have sell their assets with lower price after hearing bad information about their coin investment, we can keep holding but many other investor can't do it and they try for selling coin assets with lower price although what ever their reason.

[Shasha80]

Trading is not just about buying at low prices and selling at high prices, trading is more complicated than we imagine. Not to mention
it is impossible for us to trading without losses, sometimes we also have to experience losses. Based on all of that, good trading must
be with careful planning. So we need to plan everything, so we can produce more a lot of profit compared to the losses we experience.
And the first must be able to manage the capital we have, then it must be able to decide on the strategy to be used and the last one
has to make a backup plan. Which is very necessary if the beginning trading plan did not go according to plan.

[danherbias07]

That kind of fear will always be there once you did your first step.
It is your money and you want it to be secured.

What they need is the courage or being ready to put that money in risk. All investment is a risk. If there is none then it might be a scam.
That is just too good to be true.
There is a winning part and losing side with all the investment and in trading.

[drlukacs]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

I have read it and have not found it to be of any help. I have read over a thousand pages of these basic theories and I do not deny what they say is wrong. I just want to say that this is a special job, reading the theory is not enough, you need to practice while learning the theory. This will make you more experienced instead of just reading the basics for new traders. After 3 months of trading failure, I realized such a truth, we can raise our win rate by psychological leverage and how to control our capital. this is the golden key made me trade better.

[Hypnosis00]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

I have read it and have not found it to be of any help. I have read over a thousand pages of these basic theories and I do not deny what they say is wrong. I just want to say that this is a special job, reading the theory is not enough, you need to practice while learning the theory. This will make you more experienced instead of just reading the basics for new traders. After 3 months of trading failure, I realized such a truth, we can raise our win rate by psychological leverage and how to control our capital. this is the golden key made me trade better.

Yes, it was. Theories will play some role in trading but it all never work with having that alone. If we'll go into trading, we need to have our own market analysis and not depending on the others. Though we can't escape from suffering losses but on the other hand, this will be a way to make our mistakes right.

[drlukacs]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

actually, these things I have learned for a long time and when I practice, I still make mistakes.  then I no longer believed in these theories, I chose to practice and dep $ 50 to trade with my basic strategies.  then the mistakes made me realize a lot of lessons and then the experience would be made.  I advise you to practice before and when you make mistakes, come to theory and you will have interesting experiences.

[pajak666]

Just please do not start trading based on a few articles. Get started with a proper book (research for level and topics that you want to study) and some basic courses. Still dont pay for them when you are starting you, as you will buy worthless reruns on info that is available in the Internet anyway. Do a lot of paper trading and don't invest the money you can't lose gl besides of that

[crossabdd]

thank you in advance, for providing a link guide for traders here, especially beginner traders. well you are right, most beginners are always ambitious to make quick profits, and maintaining crypto trading is easy. and when they started it, there were so many mistakes that they lost their funds. the simple option is to study each trade, or start with small capital or use a trading demo. so that when trading estate, there is no difficulty.

[Oceat]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

This actually happens mostly on newbies who doesn't know how to minimize their risk when trading. They just enters the market with an intent to buy when someone said so but don't know actually how to sell to make a profit. They just quickly lose some interest when they found out that the price that they wanted doesn't go that way. But instead they just go out while selling their investment at a very low price.

[Reid]

For newbies it would be the best thing to do. Plan it first. Don't go jumping into making orders just because your professional friend told you so.
There are no pros in trading, all of us could lose a lot rather than win.

Don't go wasting efforts from the real traders here. They made so many threads just to warn new people from making any rush decisions.
Better for safety first. It is already a risky field why make it riskier?

[radjie]

For newbies it would be the best thing to do. Plan it first. Don't go jumping into making orders just because your professional friend told you so.
There are no pros in trading, all of us could lose a lot rather than win.

Don't go wasting efforts from the real traders here. They made so many threads just to warn new people from making any rush decisions.
Better for safety first. It is already a risky field why make it riskier?

of course having a plan before trading is very important to do, and this does not only apply to beginners but for all those who trade in order to always be profitable, of course, must have careful planning in advance

[Darooghe]

In market you have to find a strategy that set you ahead of all other traders everybody study the same concepts, indicators, strategies and guess what? 80-90 percent of retail lose money. thereby my advice is to know what all traders know and find a way to exploit the common view and be with the market against the retail traders. also It's important to find the strategy and risk appetite to suite your personality and your time. I can tell you it's easier to use the daily timeframe than to use lower timeframes, with daily you can avoid the noise of any news.

[Yamifoud]

For newbies it would be the best thing to do. Plan it first. Don't go jumping into making orders just because your professional friend told you so.
There are no pros in trading, all of us could lose a lot rather than win.

Don't go wasting efforts from the real traders here. They made so many threads just to warn new people from making any rush decisions.
Better for safety first. It is already a risky field why make it riskier?

of course having a plan before trading is very important to do, and this does not only apply to beginners but for all those who trade in order to always be profitable, of course, must have careful planning in advance

Not just we stop in planning but we should have to execute it consistently. It all gonna be useless if never used it for I know that it is also happens in some cases especially when FOMO started and might also lead to change our decision. The big challenge here is how to execute our plans when we are also hard to control our emotions. It all gonna be change once we are shaken especially when we saw prices on and off.

[harizen]

A lot of traders out there try to jump into trading and when they lose they get out equally quickly. Instead of all this it is way better to figure things out before jumping in. This is quite doable with proper guide and that’s what I found with this https://www.investmentwatchblog.com/turning-forex-into-a-side-gig-guide-for-beginner-traders/, I believe it is going to be extremely helpful for a lot of traders here.

But you know, there are traders who did that "jumping into the trading scene" with only basic knowledge as ammo, experience massive loss on the way but eventually turned into a professional trader.

It's ok to lose, it's ok to experience those things you don't want to happen while doing trades, that's part of the process. Without those losses, a trader will never be a good trader. Sometimes even you are well-prepared before starting doing trades, it will all changed once you are in actual.

What matters here is, people should learn from those mistakes and don't stop if they are really eager to become a better trader in the future.