Good capital managemt is important

[Impacto]

Having known how to trade , when to trade, what to trade and what not to trade , capital management is a
Very important key in becoming a successful trader.  Alot of people make this mistake especially  the newbies like me that's why  Capital management is crucial in trading, unless you're trading randomly which a serious trader should not do. Alot of people have lost their trading capital more than once which are not even newbies.
An arm of capital management is stop loss usage. It help you to determine your loses so that trades can be closed when it's triggered. When you trade major key points level/pivot point stoploss is important. Many people don't know this that's why am writing to give concrete awareness after doing some study coupled with little trading experience.  I hope this helps as many people as it can .

In addition , Below are some simple tips that will help on our journey to becoming a successful trader :

1. Learn how to trade
2. Learn and strategize how to manage your capital
3. Make research on choosing good exchange that will favour your trading.
4. Learn to take profit at intervals

Please add your suggestion for everyone to learn from it. Thank.you

[1715263970]

1715263970

[1715263970]

1715263970

[1715263970]

1715263970

[1715263970]

1715263970

[1715263970]

1715263970

[cytpoway121]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

[X-ray]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

Capital management is really needed in the crypto trade. You can manage your profit to avoid the loss that you can get it from the volatility. as far as i know if this is a really important thing to make sure we can have reserve funds to prevent the dump too. Everyone must able to manage their fund properly. So many expert traders are also doing this dude.

[Bonwin]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

As much as I would agree with you, I would also debunk your first statement, that capital management is very important. Investing what you can afford to lose is part of capital management.
Also, you already mentioned in the latter part of your statement that people should do their own research, which is one of the keys to k=help in capital management. So, consciously and unconsciously, you are managing your capital.
Although, it should be a deliberate act.
When you divide your trades into grids and you determine the amount per grid, you are also managing your capital.
How effective that management is, will determine the amount of profit you will get per grid.

[jossiel]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

It is true.

But from the word itself, a trader must learn how to manage his capital. And the given thoughts of OP are true as well. Avoid the trading signals that we usually see because most of them are scams.

[Twinkledoe]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

It is true.

But from the word itself, a trader must learn how to manage his capital. And the given thoughts of OP are true as well.

I think it is already given that a trader should know how manage his capital. If he doesn't know the basics, then he can't survive long in the trading market. He will end up losing all his money to the market that he doesn't have the idea to handle with. What the OP stated are basic know-how of a trader. In the trading section here, you can learn more of trading tricks and tips. But if you want to trade a specific coin, you should have at least basic knowledge on the current status of the project.

[jossiel]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

It is true.

But from the word itself, a trader must learn how to manage his capital. And the given thoughts of OP are true as well.

I think it is already given that a trader should know how manage his capital. If he doesn't know the basics, then he can't survive long in the trading market. He will end up losing all his money to the market that he doesn't have the idea to handle with. What the OP stated are basic know-how of a trader. In the trading section here, you can learn more of trading tricks and tips. But if you want to trade a specific coin, you should have at least basic knowledge on the current status of the project.

Given is given but he said that he thinks that it isn't needed anymore that's why I've said that every trader should have knowledge about managing their capitals.

Things will be learned though in the long-run when a trader starts to lose and takes time to think about what part he's wrong with his traders. Lessons will be learned altogether and mistakes will be corrected following his experience.

[Rengga Jati]

I do not think capital management is needed in the crypto currency trading sphere.

It is needed, buddy!
You should have a good management to optimize your funds unless you do not know whether losing or making a profit. Also, funds or money management can minimize trading risks, optimize a chance for higher profits, or avoid severe losses.

Here are some sources to learn it:
- https://www.binoption.net/money-management-on-crypto-trading/
- https://steemit.com/market/@amnezia/money-management-strategy-in-crypto-market
- https://medium.com/@sol_98230/money-management-strategy-in-cryptocurrency-trading-how-to-calculate-the-risk-reward-ratio-and-8b6eb2af1a95


OP, I think this thread should be in Trading Discussion.

[carter34]

A simple question on this and a direction. Can you really build a strategy for management of capital without building good emotion to go along ? The answer is nope. This is because, if you don't have good management of the emotion you can not afford not to change your management strategy for a greedy goal or profit hunting which is likely to burn the account.

[Ibizugbe1]

My rule is never buy a pump or a Hyip, never buy a new altcoin to hold for the future when no active development from the team. And always never use all your fund in market have a reserve and never sell all your position when you are not too sure of the market direction.

[Synaesthesia]

My rule is never buy a pump or a Hyip, never buy a new altcoin to hold for the future when no active development from the team. And always never use all your fund in market have a reserve and never sell all your position when you are not too sure of the market direction.

I always avoid coins that are in a bull phase because these are coins you can easily lose money if whales tend to sell more. In the crypto market you need to consider a lot and definitely have an investment plan to survive well. Over the past few years I've always used lots of ways to make money and that helped me avoid a lot of big risks.

[danielchris]

Without management we cannot any work .good management is always needed. So good capital is important part of money makes trading. Trading is always riskfull.but good management gives good earnings. I think so.

[bgaf]

1. Learn how to trade
2. Learn and strategize how to manage your capital
3. Make research on choosing good exchange that will favour your trading.
4. Learn to take profit at intervals

These are just normal suggestion. If you dont want to lose on trading, learn to be more careful, confidence is good but always take extra caution. Dealing with crypto trading is different than normal stocks trading. Here, you can experience a highly volatile market where you can see even a 100% loss. As long as you can handle consequence like that, you can manage to stay for a while.

Not all traders have profit, believe me there are more losses than gains in here. Study shows that 90% loss in crypto trading and only those 10% knows how to deal with it fairly.

[Bitbtc8]

The only best thing ive learned in trading so far is risk taking, you won't learn anything if you aren't ready to lose, most especially for newbies you need to be willing to lose before you can understand some facts about trading

[TheUltraElite]

My rule is never buy a pump or a Hyip,

How will you know which coin is a pump or hyip or scam? Well a scam can be detected early minimizing losses but what about the first two? PnD does not happen right from start. It happens when whales want to pump and dump and this has no relation with the project's real ownership or how they are managing it. Besides having a contingency plan for market making and so on.

never buy a new altcoin to hold for the future when no active development from the team.

Again I ask you the same question. How will you know that suddenly development will stop and the project will fail? It is what happened with many ICO project and why the shitcoin market is in such a bad position. Let aside the excuses for bear market, I say the altcoin market was doomed from the beginning because they were never doing anything good at all.

And always never use all your fund in market have a reserve and never sell all your position when you are not too sure of the market direction.

While the OP has listed some things that as commonly known, it is not wrong to sell all your position if you wish to. Its a choice if whether you feel that project will be going up in future so you are cashing out some money and holding the rest.

[Eugenar]

Having known how to trade , when to trade, what to trade and what not to trade , capital management is a
Very important key in becoming a successful trader.  Alot of people make this mistake especially  the newbies like me that's why  Capital management is crucial in trading, unless you're trading randomly which a serious trader should not do. Alot of people have lost their trading capital more than once which are not even newbies.
An arm of capital management is stop loss usage. It help you to determine your loses so that trades can be closed when it's triggered. When you trade major key points level/pivot point stoploss is important. Many people don't know this that's why am writing to give concrete awareness after doing some study coupled with little trading experience.  I hope this helps as many people as it can .

In addition , Below are some simple tips that will help on our journey to becoming a successful trader :

1. Learn how to trade
2. Learn and strategize how to manage your capital
3. Make research on choosing good exchange that will favour your trading.
4. Learn to take profit at intervals

Please add your suggestion for everyone to learn from it. Thank.you

Well said mate, having a good finanical management is really important in trading because trading is not a sure win situation, you may lose from it. So if you lose in trading you still have money to trade because you have good finanicial management, that is why it is really important because you are taking the risk when doing it, if you failed try again so you will turn back the money you have lost
It is normal if you lose when trading especially with those beginners out there, a simple mistake is just a normal thing because we have made from that, failure is part of growin up.

[michellee]

Before number 2, you can add this "use the money you can afford to lose, and don't use all of your funds to trade".

That will be useful for people who want to start trading. Without having an effort to learn to trade, we cannot know how to manage our capital, how much money we will use to trade, what kind of strategy that we need to use related to the current situations, and else.

[rat03gopoh]

Maybe you can add this suggestion,
Avoid new coins if you wanna trade in the long term. Although listed on the top exchanges, it isn't uncommon for them to actively engage in fraud in terms of price manipulation and trading volume.

[Santri]

Maybe you can add this suggestion,
Avoid new coins if you wanna trade in the long term. Although listed on the top exchanges, it isn't uncommon for them to actively engage in fraud in terms of price manipulation and trading volume.

agree, many new coins are falling in price and for the long term they cannot continue to develop due to many reasons which makes the team leave the project
Long-term investments must be made on top altcoins

[Ifemini]

Having known how to trade , when to trade, what to trade and what not to trade , capital management is a
Very important key in becoming a successful trader.  Alot of people make this mistake especially  the newbies like me that's why  Capital management is crucial in trading, unless you're trading randomly which a serious trader should not do. Alot of people have lost their trading capital more than once which are not even newbies.
An arm of capital management is stop loss usage. It help you to determine your loses so that trades can be closed when it's triggered. When you trade major key points level/pivot point stoploss is important. Many people don't know this that's why am writing to give concrete awareness after doing some study coupled with little trading experience.  I hope this helps as many people as it can .

In addition , Below are some simple tips that will help on our journey to becoming a successful trader :

1. Learn how to trade
2. Learn and strategize how to manage your capital
3. Make research on choosing good exchange that will favour your trading.
4. Learn to take profit at intervals

Please add your suggestion for everyone to learn from it. Thank.you

You have made a very good point, the only thing wrong is your subject line.
To complement your 4 points.

After learning to trade ; always make sure you learn to understand the market emotions, it helps a lot