What can we do to minimise the risk in trading

[CryptoBeast.mf]

As my title is newbie but i have experience with the trading so there are many things which we should do and avoid while trading.
As we all know that the basic rule of trading is to buy any coin as its possible minimum price and sell it at the possible highest amount to gain the profit.
So here is the things which we should do in trading,
1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

This is my experience which i write with clear words and what your experience and addition in this post.

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[NeuroticFish]

Also:
4. Trade only where there's good liquidity.
5. Make sure you have set stop loss at least when you sleep.

[cryptocointrade.com]

Only Invest What You Can Afford To Lose
Diversify: Never Put All Your Eggs In One Basket
Don’t Try To Make Profit In Every Trade
Don’t Be Too Greedy
Don’t Have Fear Of Missing Out (FOMO)
Maximize Your Winning Trades
Always Learn From Your Trading Mistakes
Minimize Your Losses And Set Stop Losses
Reduce Emotions And Stay With Your Strategy
Sell The News And Buy The Rumors

[Findingnemo]

FYI, we can never predict the bearish and bullish trends until it happens so all we can do is the analysis which is based on different things like technical analysis, news influences and whales manipulation or any crypto related developments, adoptions,etc.

So what we can really do to minimize our risks of losing our capital is to use stop-loss features so we can get away from minimum loss if there is a huge dump on the market but I won't suggest using it while the market is in swinging position.

[thecodebear]

Only Invest What You Can Afford To Lose
Diversify: Never Put All Your Eggs In One Basket
Don’t Try To Make Profit In Every Trade
Don’t Be Too Greedy
Don’t Have Fear Of Missing Out (FOMO)
Maximize Your Winning Trades
Always Learn From Your Trading Mistakes
Minimize Your Losses And Set Stop Losses
Reduce Emotions And Stay With Your Strategy
Sell The News And Buy The Rumors

By "Don't Try To Make Profit in Every Trade" I assume you just mean sell for a loss if the market drops hard instead of having to wait for the market to rebound from a correction?

[rathaha10]

As my title is newbie but i have experience with the trading so there are many things which we should do and avoid while trading.
As we all know that the basic rule of trading is to buy any coin as its possible minimum price and sell it at the possible highest amount to gain the profit.

Buying low and selling high has always been the wish of every cryptocurrency trader. however, it is not that easy, as knowing the lowest price point is among the difficulties involve in trading, often atime when we buy coins, we do think we bought at the bottom only to see the dip get dipper and same goes for selling high. When a coin is on the move, it is hard to predict if it will keep going aredrop in value. The trading guide in your write up is really an insightful one and i believe they will help in maximising  more profits

[Mrengage]

Let me add to your list
4. Sell and don't look back, on any trade you have executed.
5. Don't join to spread FUD, adding to that stay away from P&D telegram group or Channel.

[milewilda]

As my title is newbie but i have experience with the trading so there are many things which we should do and avoid while trading.
As we all know that the basic rule of trading is to buy any coin as its possible minimum price and sell it at the possible highest amount to gain the profit.
So here is the things which we should do in trading,
1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

This is my experience which i write with clear words and what your experience and addition in this post.

Minimizing risk? This been the hardest part and cant really be attained easily by a certain trader unless if you do have trading for a while than on just starting up.
Yeah those points you do have mentioned are indeed needed but want to add up;
•Handle out emotion
•Dont force to be profitable
•Always seek out the best time to get in and get out
•Dont let yourself get Fomo'ed or affected by Fud

Actually its an easy thing to say but really hard to be done but due to experience you would able to do these things.

[Assface16678]

It is important to understand that trading outperforms most activities.
This is a complex and extremely stressful intellectual work with variables that are sometimes completely unpredictable if we are talking about crypto trading.
The higher your risks - the greater the chance of losing a large amount, so trade a small percentage of the deposit to minimize them.

There are a lot of newbies today having trouble in the world of trading because there are a lot of people who make more money but do not have the capability to make proper trading by that it cause too much loss to their income. One of the basic needs into the world of trading is always spent some time to learn something into the world of trading because this is the most essential thing you need to identify if you are going to make an income or not next if you go into the live trading apply all the learnings you gain and what if you lose? It is good too because failure is the best teacher and a person who experiences losing makes more motivated to do something to pay back their funds. You will better follow the trend too because by that you can get a lot of ideas and what do you need to do. There are a lot of people who make some double their trade when they lose and still it depends on you if you will follow that but for me, it is quite risky because not all the time the luck is yours this may cause double your loss.

[Yatsan]

Minimizing the risk in trading requires discipline, and when I said discipline it includes a lot more of your personal attitude towards the trading market. One is the patience, how patient are you when it regards to trading? Second is the involvement of emotion, first things first you need to react technically in trading and not emotionally, let your brain decide not your heart. Last is the knowledge you have, how deep is your knowledge when it comes to trading and it should be fit with your trading style or strategy you need to be more focus on a single type of trading. The volume and liquidity of the trading platform can also add to minimize the risk of trading.

[Wexnident]

Does not trade count? Kidding aside, the premise of minimizing risk stems from how much you're willing to learn and study. Even knowing not to greed isn't enough since even if you greed, as long as you know the ins and outs and can confidently tell apart when a coin is going up or down, having a bit of greed is fine. Just don't let it overwhelm you since as well all know, it could lead to you basically being bankrupted. As long as you research about the market volume, current price, total supply, movements of the coin in 24h etc, etc, profit is bound to see you, maybe small but it's profit nonetheless. It may not happen at the start, but well, any trader is prepared enough to actually lose money.

[Bttzed03]

~
3. Don't invest in dump coins

What exactly do you mean by "dump coins"? Are you talking about shit coins?

If so, how do you define them? I think this is subjective that's why I'm asking.

Others might also think that you are referring to coins that has been recently dumped hard. I'm not sure we should be telling new traders to stay away from them not knowing the reason it was dumped.

[bitgolden]

1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

Yes, just stick with basics. If you are more focused on maximizing your chances for making profits then you can simply minimize the risks. Because, risk is inversely proportionally related to profit levels .

Monitoring market always and going as per the trend of the markets are basics of technical analysis. It means you do not need to work hard on minimizing your risks but you should work on maximizing the opportunities to crack profits out of market. When you focus on more depth in technical analysis then you will go achieving what you actually looking for without bothering about how to minimize/eliminate risks.

[carlfebz2]

~
3. Don't invest in dump coins

What exactly do you mean by "dump coins"? Are you talking about shit coins?

If so, how do you define them? I think this is subjective that's why I'm asking.

Others might also think that you are referring to coins that has been recently dumped hard. I'm not sure we should be telling new traders to stay away from them not knowing the reason it was dumped.

Definitely he do talks about those coins which had been dumped to the floor which simply talks about shit coins or to those coins which do have less liquidity.
We know that diversifying is preferable but choosing other shit tokens or coins should really be out of the check list but there are still people who do blindly
take risk into these tokens where it do result on loss of money.Minimizing risk is easy to say but when you are on the actual situation then doing these things are
really hard but you can get used to it when you do already have experience into the market.

[justdimin]

Minimizing risk starts with minimizing profit which people do not really want. They want to both have less risk and also still make a 100% profit.

You can't really do that, if you really want to minimize any risk at all, open an account in anywhere that has USDT and figure out how much the trading fee's are and put up orders that means if you buy lower than certain cents on the dollars you profit and you sell cents over a dollar profit and just hope that it hits, that is as little risk as it gets and if you did the math right 100% guaranteed profit for you right there, however that would probably happen maybe once or twice a year so you would end up with 1% profit for the year, which is not zero, all you wanted, and involves no risk, yet no profit neither. Minimizing risk is not really always a great idea because of this.

[carter34]

That number 3 is important. That you made comment about what you can bear to lose but sometimes, it is not that we can bear to lose it really but we take unnecessary risk that we can bear but they are unnecessary. Trading is what is suppose to be gradual to accumulate gains but we are in rush to take risk we think we can bear its loss.

[Ifemini]

As my title is newbie but i have experience with the trading so there are many things which we should do and avoid while trading.
As we all know that the basic rule of trading is to buy any coin as its possible minimum price and sell it at the possible highest amount to gain the profit.
So here is the things which we should do in trading,
1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

This is my experience which i write with clear words and what your experience and addition in this post.

You have stated very important points to follow while trading, but i have an addition.
As a trader, to minimize risk in trading, you need to understand the market emotions, you need to understand what the market is doing at that point in time.

That will guide your core decisions to either join a trade; or sit it out.

[rexxarofmoknathal]

Also:
4. Trade only where there's good liquidity.
5. Make sure you have set stop loss at least when you sleep.

In relation to that, trade only on exchanges that have a high security system and can be trusted. It is super easy to fall into the common idea that any exchange will do but the volume as well as the FTP services used for transactions as well as speed are the most important too.
In any case, one that would be difficult to deal with is greed and not to mention keeping aside emotions or 'gut feelings' rather than evidence but we can't help but be aware of these 

[maxreish]

• Execute stop loss in every trade is very significant
• Do not be over onfident in trading
• Do not always follow the hype ( sometimes it may be a trap for liquidity)
   
   We all experienced different trading risks but these reminders were useless if we dont take and manage self control.

[Kelvinid]

Trade with caution. And we should have to know our limitations and stick to it.
Risks are still there no matter how we tried to be perfect or closest to it but something we can't avoid losses. Thought to be normal though.
That is why before we go trading we shouldn't have to assume anything wrong to happen, instead, we have to create a plan that could save us when the time has come. DECISION making is having a big role in trading and that should we have to build and capture those mistakes so it can be corrected immediately.

[plvbob0070]

1. Greed while trading
2. Keep the emotions away from trading

These two are always the factor why people always end up losing huge amounts of money in trading. Sometimes our greediness strives us to do something that later on we will regret doing it. Not all of us can handle our emotions especially if we're already suffering from big losses, and when it comes to my trading activities I always set aside my emotions because I know it can be a hindrance to my trade or investment decisions. Based on my experience in trading, we should not stop learning something new and keep on learning until you totally manage to minimize the risk of doing trading and just stick with the coins that bring you good profit and never ever invest in shit coins or projects.

[TheGreatPython]

• Execute stop loss in every trade is very significant
• Do not be over onfident in trading
• Do not always follow the hype ( sometimes it may be a trap for liquidity)
   
   We all experienced different trading risks but these reminders were useless if we dont take and manage self control.
  

Yes, self-control must be playing very big role in managing risks while trading. Regardless of what are the plans you might be having for your trading purposes, when you fail in your self-control then all your plans may end up in vain. For example, you may plan up for having stoploss for your trade and when you fail to execute it out of emotion then you may need to face big losses.

Minimizing risks in trading is easier when we keep gaining experience. I guess professional traders are too good in minimizing risks in their trades but I am sure no one could eliminate the risks 100% but booking profits before those risks ruin our trading, will help anyone.

[CarnagexD]

1. Greed while trading
2. Keep the emotions away from trading

These two are always the factor why people always end up losing huge amounts of money in trading. Sometimes our greediness strives us to do something that later on we will regret doing it. Not all of us can handle our emotions especially if we're already suffering from big losses, and when it comes to my trading activities I always set aside my emotions because I know it can be a hindrance to my trade or investment decisions. Based on my experience in trading, we should not stop learning something new and keep on learning until you totally manage to minimize the risk of doing trading and just stick with the coins that bring you good profit and never ever invest in shit coins or projects.

We all know that trading is one of the most profitable way to make more earnings immediately but before to make more earnings in trading it does need to have a lot of ideas and skills in trading. Many people making a lot of attempts to trades because they think once the market price of the coin falls down it is good to buy and vise versa but the truth it is not true the market price of the coin is still volatile we cannot make sure all the things we are doing at the price. If you want to be more successful in trading just give enough time to your self to make more knowledge don't get tired to learn more because this is the key to success if you think you are skilled enough you can now make it make earnings but there are a lot of people doing some greed because they want to make more and most of them all of their earnings now used for trade and wages all of their funds into a high raise bet but still it depends on the risk you want. Also, there are a lot of traders got easily depressed and not mentally stable because of the emotions they give in to the world of trade it is full of risk we cannot make sure all the things is alright you just need to keep the focus on your trade to avoid getting doubts and mistakes.

[hahay]

Point number two is not very good if you only follow the trends that occur in this market, because indirectly external trends will also more or less affect the price movements in this market and thus, in trading we should know any trends that occur at that time so we can minimize the risk of error in trading.

[FanEagle]

Exactly right, I had a friend who got caught up in a SYS pump once for example and dude basically spent all of his money (not the money he put aside, literally ALL his money) to buy SYS and it was such a huge hype and the price was going so high that exchanges literally had to intervene and closed deposits and withdrawals for a while for SYS even though the trading was open, dude just stood there with all of his SYS without being able to deposit it and just watched everything that happened and lost 20% of his money that day, inside one day. Why? Because he thought he was clever enough to get into a coin that was going up in value, well if you are clever enough you find a coin before it goes up, not during, because if you get in during you might be too late to the party.

[bearexin]

Due to high risks in trading, I never go for trading my bitcoins. I earn and buy bitcoins for long term holding. So, I guess I never need to bother about minimizing the risks; already I am into a way where no risks is associated. Bitcoin is having a very bright future so I guess holding bitcoins will assure the financial freedom in near future, this way I guess again I never need to worry about financial crisis in my life time.

I suggest anyone who is bothering about risks in trading, by simply buying and holding bitcoins, we can remove any level of risks without compromising the expected profit levels.

[Kasabus]

The best way to minimize the risks is to help you analyze your mistakes. Always write down the thoughts with which you opened a deal, and then write down what exactly led to such a result,
which risks worked and which didn’t, which ones you took into account and which ones you missed. Later you will get the hang of feeling the risks and minimize them.

Mistakes are very often in trading but you will learn to minimize this as you go on with your trading experience. I think the best thing in trading is discipline and have a full knowledge in trading so that if ever the price crashes in the middle of your trading, you know what you supposed to do. Trading is also about knowing when is the best time to enter and exit in trading.

[Subbir]

One of the simplest ways to scale back business risk is to try to to good marketing research Market conditions will need to be traded the assistance of others in doing business requires the utilization of one's own talent and knowledge but success is feasible. we will learn something new from the mistakes we make when it involves trading Check the costs of the currencies within the market then trade.

[Jateng]

The best way to minimize the risks is to help you analyze your mistakes. Always write down the thoughts with which you opened a deal, and then write down what exactly led to such a result,
which risks worked and which didn’t, which ones you took into account and which ones you missed. Later you will get the hang of feeling the risks and minimize them.

This will help the traders to write down the details in making orders to help them analyze their market loss and profit. Always anaylze and make different signals and indications to help you point out the exact deal you will make. It's better that your technical analysis are supported with fundamental analysis, it will get you the high probability of winning and less risk in trading.

[BuNga_cute]

Trading is indeed the best way to make a profit in the crypto world. But trading does have a huge risk, so we must minimize the risks in trading.
So that opportunities to generate profits are wide open. To minimize the risk of trading there are some things we must do. Among others, use
capital that we can afford to lose, choose coins with large volumes, must be able to control emotions, do a market analysis before starting trading,
and do not depend on one coin. If that is all done well, then the risk of trading can be minimize. If trading risks can be minimize, we will make
a profit in trading will be easy to get.

[Latviand]

~
3. Don't invest in dump coins

What exactly do you mean by "dump coins"? Are you talking about shit coins?

If so, how do you define them? I think this is subjective that's why I'm asking.

Others might also think that you are referring to coins that has been recently dumped hard. I'm not sure we should be telling new traders to stay away from them not knowing the reason it was dumped.

I think he just want to warn us not to use those shitcoins or dump coins that is not that effective enough to become an alternative coin to bitcoin. It doesn't mean that when we say shitcoin, it is the altcoin, no. shitcoins are coins that have no improvement in price and really hard to manipulate in the market as its volatility is very slow as well as the growth in price. That's the reason why instead of investing in a bitcoin, there are people who waste their time and opportunity holding a dump coins. Most people I know who used a dump coins are really regretting the time that they should invest their money in bitcoin that is more essential than other coins. It is too obvious that you should not prioritize other coins as it is just an altcoin alternative for the bitcoin.

[michellee]

My experience to minimize the risk in trading is only using the money that I can afford because if I lose the value of the coin that I buy, I don't lose all of the money I have. I can hold it or cut loss that coin so I can buy back again at a low price. I don't go all-in of the money to buy the coin, even if the coin is potential to increase in the next hours. But every people will have their own method on how to minimize the risk in trading, and maybe we have a different way to do that.

[CHENIEN]

To avoid of danger you must be careful with the people around you maybe it's difficult to find a perfect method to determine the fact on how to minimise the risk in trading ,in general you should nèed to be active on everything to prevent of wasting and it's better to read before investing.

[cassavachips]

Adding to always use a stop loss at least when going out or sleeping and trading in exchanges is really good for safety and comfort.

[Farma]

I think we can narrow this down if we can control greed and exploit the benefits. however, when you get a profit, you can immediately sell your assets. it is the best way to avoid the risk of trading. the smaller the profit we take, the less risk we face.

[XCANA]

Basically what I do to minimize risk during trading is me seeing a very clear signal before I leap into the market. This can be associated to my ways of earning funds which I use for trading. As a trader I am, I don't take any form of risk which can potentially harm my trade, my technical analysis are carefully carried out before trade placement.

[jhonjhon]

It was just to minimize it at a safe level by having deep knowledge in trading. That is the only thing we need to acquire. Having a lot of trading tools to use is somewhat a part of being knowledgeable about it. Anything about trading still at risk, everything still a subject for losing and winning ends. But if we truly know what we are doing and have confidence in it, the risk could be ignored. Usually, we are giving a big weight for the risk that is why we are so bothered about what we do.

[fudster]

Don't get into leverage if you don't know what you are doing. If you have been trading for accumulating BTC or USDT for a while and have learned it since then just stick to that and don't try the CFDs. Also do the trading in the right exchange and submit the right documents needed otherwise your funds will be frozen.

[chainese]

Use stop losses to avoid losing of a huge amount of money. Don't pass your funds to anyone who is kind of an expert in trading and is ready to trade for you for some percentage.

[Bagaji]

I will advise that you should have a trading plan that you must stick to it at all time. Trading plan should include what amount of profit do you want to make at a particular time and day and the amount of money you want to let go in other for you to achieve your trading goals.

[thecodebear]

- PROTECT YOURSELF FROM CRASHES:  Use stop losses (though that is something I am only just starting to try out)

- DON'T BE GREEDY:  Take profits early, don't try to get lucky with some huge trade

- DON'T TRY TO BEAT THE MARKET:  Don't worry about beating the market (sometimes you will sometimes you won't) or catching the majority of every pump or every correction. Just ride the waves of volatility, whether that is on a daily basis, weekly basis, swing trading, or whatever.

- NEVER GO ALL IN:  Split your trading stash up into at least several different trades: never put the majority of your money into a single trade

- BE PATIENT:  If the price is going up and your sell order just completed and you get excited about the rising price don't immediately put a bunch of money back into a new trade, and same thing for if the price starts going down don't immediately buy in, more than likely that movement will continue, so buy in gradually.

- CONSTANTLY EVALUATE YOUR SITUATION AND THE MARKET:  Each day (if you are a day trader at least), and after each trade completes, evaluate where the market is and where you think it will go, and compare that to how much of your portfolio is currently in trades and how much is sitting on the sidelines. For example, when I start getting to 85-90% of my trading stash in trades I start getting worried about risk and will look to quickly sell something lower than I had planned as long as it is in profit, so I can reduce that risk. Or if I think the market is looking pretty good and only have my stash is in trades I'll be looking to get into another trade real soon.

- SET ASIDE MONEY FOR MAJOR CORRECTIONS:  Plenty of times when you look at the market over a period of weeks or months the market will retrace by tens of percent. Have at least a little bit of your trading stash set aside to take advantage of serious corrections. Sometimes they only last days, but sometimes they last weeks or months. This along with stop losses can mitigate the risk of substantial corrections.

- REGULARLY WITHDRAW SOME PROFIT:  Compounding is incredibly powerful, but to protect the money you have made you should be taking some profit off the actual table and back into your bank account on a regular basis. This way even if the market forces you to take heavy losses you've taken profits out. The flip side of this is to do this in conjunction with the previous piece of advice - instead of withdrawing some profits back to your bank account regularly, just move them to low buy orders as the money you have set aside for serious corrections and stick to that commitment of keeping that money set aside to buy in low on those corrections. That way you will still occasionally get to compound those profits but you are minimizing risk further during serious corrections and you get to take even more advantage of corrections.

[Ridwan Fauzi]

If you are a daily trader, it a must to see the supply and demand for the coin that you be traded.

I mean, you can see some people who put a buy and some people who put a sell, because it is a basic thing before you see the candle, you can see them on the book order.

High amount of money will never give you a high profit even it will make you got a huge lose. You can trade with small amount of money first and see several things that happened when you trade and you have to repeat it in all your trade.

[TitanGEL]

I think we can narrow this down if we can control greed and exploit the benefits. however, when you get a profit, you can immediately sell your assets. it is the best way to avoid the risk of trading. the smaller the profit we take, the less risk we face.

It is about having trailing stop ir target profit in order for us to protect our gain and not let the greed to control ourselves. Greed is the reason why some of our gains are becoming losses because we are not able to protect it. We can minimize the risks if we have a plan where we can protect our capital and of course if we have gains. The risks are high in trading and we should be aware of that, we can handle it very well if we know what we are doing.l where we have efficient and effective plan.

[Casdinyard]

I think we can narrow this down if we can control greed and exploit the benefits. however, when you get a profit, you can immediately sell your assets. it is the best way to avoid the risk of trading. the smaller the profit we take, the less risk we face.

It is about having trailing stop ir target profit in order for us to protect our gain and not let the greed to control ourselves. Greed is the reason why some of our gains are becoming losses because we are not able to protect it. We can minimize the risks if we have a plan where we can protect our capital and of course if we have gains. The risks are high in trading and we should be aware of that, we can handle it very well if we know what we are doing.l where we have efficient and effective plan.

Greed, is indeed what will keep you broke. I admire those exchanges that has a stop loss button setting for their traders, it really feels like they care for every one and knows that the greatest enemy of a trader is not the market but the greed that lies on them. Trading cryptocurrency is risky, as we all know the volatility rate is very high, it could jump from hundred bucks up and down, or thousands of bucks in an hour. Minimizing risk is not that quite easy thing to do, it requires more of discipline and less of greed or none at all.                 

[Omair Amin]

"I think during trading we should minimize the risk by using escrow option and used the specific exchange which have high liquidity that would allow you to minimize the risk and you should get benefits during trading."

[pixie85]

In general OP is giving soime good advice but there's the funny part like not investing in dump coins

The truth is you rarely know that a coin is going to be a "dump coin" until it dumps and it's too late.

[wozzek23]

Dollar cost average is always a thing that is talked about and I feel like it may actually work if you look at the past 5 years. Let's say you want to invest 1200 dollars a year on bitcoin, if you buy it all at once you may buy at the bottom and profit a lot but also you may end up buying at peak and lose a lot as well.

Hence the idea of DCA, that allows you to buy 100 dollars per month instead of 1200 dollars all at once, and this way you are buying on yearly average instead and that means you are not buying at the bottom and profiting the maximum but you are also not going to buy from peak neither, even if you do there is 11 more times you will buy that year so the average will go down. I have not done that myself too much but this strategy sounds like it does minimize the risk.

[XCANA]

Let me add to your list
4. Sell and don't look back, on any trade you have executed.
5. Don't join to spread FUD, adding to that stay away from P&D telegram group or Channel.

This reminds me about  what happened to me some few months ago, I did actually bought some stellar on livecoin exchange and trade the coins for profits which I was happy but a friend told me that, I should have waited for sometimes to get huge profits out of my trade, so, I decided to fall back and bought some stellars but at this time I lost the trade and regretted my actions of selling and looking back for another huge profits. For those who are still active in trading, never listen to any fellow who will suggests to you to retrade your coins which you have already made some substantial profits from.

[LbtalkL]

I guess you have learned all the basics to start trading but I have one advice for you, Is to familiarized each trading platform, they have different styles and GUI. You might get confused, sometimes instead selling on high price you buy at high price that is a common mistake if you are not familiar with the trading platform. Some platform has a demo, try it first before trying the real one. Especially on leverage trading each platform has unique ways so better familiarize it first to avoid committing mistakes.

[Quidat]

I guess you have learned all the basics to start trading but I have one advice for you, Is to familiarized each trading platform, they have different styles and GUI. You might get confused, sometimes instead selling on high price you buy at high price that is a common mistake if you are not familiar with the trading platform. Some platform has a demo, try it first before trying the real one. Especially on leverage trading each platform has unique ways so better familiarize it first to avoid committing mistakes.

Its just normal to familiarize everything specially with the basics since this is the first step for us to take but there are
really some noobs which arent really that sensible and rather going directly through things without proper knowledge or familiarization.
When it comes to risk topic then this one is just the basic part and whats being discussed here is about the risk on handling up
yourself into several factors which do affect your trading activity.Yeah, those points are indeed the true thing but
applying it on ones self is the hardest part.

[rexxarofmoknathal]

I personally think that avoiding margin trading or leveraged trading is the best thing to do if you're overly worried about risk.

A lot of people have some small success on spot trading platforms, then immediately jump to 10x or 100x leverage and get absolutely destroyed.

These platforms are only for the largest and most experienced traders, if you're a beginner, don't even bother trying.

[celot]

I think who smarter some one trade always get lost and keep try to stop risk by cut lost, when you working for trade you can sell after success buy under your price before because to get miss with your lost and keep get profit at the next time, but you must check how the future some coin do you want trade.

[AniviaBtc]

1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

Yes, just stick with basics. If you are more focused on maximizing your chances for making profits then you can simply minimize the risks. Because, risk is inversely proportionally related to profit levels .

Monitoring market always and going as per the trend of the markets are basics of technical analysis. It means you do not need to work hard on minimizing your risks but you should work on maximizing the opportunities to crack profits out of market. When you focus on more depth in technical analysis then you will go achieving what you actually looking for without bothering about how to minimize/eliminate risks.

You should perform technical analysis so well and properly so that you will not have a hard time performing your strategy and plans in trading. Also monitor the market and the factors that can affect it so that you're well-prepared and you can have an advanced vision and perform alternative strategy in trading. Fundamental techniques and skills in trading must be practiced properly and apply it in the actual trading so that you can get a lot of experience and don't be anxious about mistakes, it is normal. In order to become good at trading and minimize the risk, every time you lose a money, you should treat it as a lesson so that you will never do that again. Learning in trading is limitless and you should take every opportunity special.

[pankaj1234]

Trading is very risky for who does not done any research on them. It is a high risk and high gain platform. So you always be aware what you are doing. To minimise the risk you should research on their technical aspects, their overall chart, their news means roadmap and best thing I like to say when ever a share dump to low price, not think too much just enter and wait sometimes for market to recover.you always going to be in profit.
One thing I like to share experience is our best friend.whenever you spend some month in any trade arena you will will gain experience that more important aspect of trading.

[cosmofly]

I feel that psychology has a lot to do with trading results. Although we have profound knowledge about the market, but if we are greedy in trading, we will get a lot of bad results. I've heard the story of my brother, he's a financial expert and has worked for over 12 years. but in a moment of not being alert, he is greedy and breaks his trading rules. then the market fluctuated and lost $ 640k, the money he built in 3 years but only after 3 hours. so stay awake when trading.

[hulla]

You should perform technical analysis so well and properly so that you will not have a hard time performing your strategy and plans in trading. Also monitor the market and the factors that can affect it so that you're well-prepared and you can have an advanced vision and perform alternative strategy in trading. Fundamental techniques and skills in trading must be practiced properly and apply it in the actual trading so that you can get a lot of experience and don't be anxious about mistakes, it is normal. In order to become good at trading and minimize the risk, every time you lose a money, you should treat it as a lesson so that you will never do that again. Learning in trading is limitless and you should take every opportunity special.

Always easier said than done my friend. Just look at all the technical analysis every day in forum and on Twitter. It takes hard work and a lot of learning and still, if the trades go against you, you lose money.

Patience is one thing but with real money at stake it can be hard to keep a level head.

Discipline. Trade in a group and have everyone pressure you into following stop loss.

I guess he dont understand that both fundamental and technical analysis are just a forecasting which cant be totally rely on or provide the perfect result always. Besides, even the senior market analysit (Mati Greenspan etc) dont totally put their confidence in every predictio they did.

[thesmallgod]

also avoid telegram groups that will claim to be giving you signal because if you do not, you probably going to end up being broke. Know when to stop and do not always want to gamble by investing in crypto that are pump and dump. It is best to look for an exchange platform with huge traders for liquidity and always make sure you set stop loss when you are sleeping or not trading

[Shallow]

As my title is newbie but i have experience with the trading so there are many things which we should do and avoid while trading.
As we all know that the basic rule of trading is to buy any coin as its possible minimum price and sell it at the possible highest amount to gain the profit.
So here is the things which we should do in trading,
1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

This is my experience which i write with clear words and what your experience and addition in this post.

Although no one is perfect but at least we can make efforts to be better. In the case of greed, it is a very huge issue and once a trader overcomes it, he would have learnt one of the best things (attributes) about trading. You really did well with this post and it is closely to what I was taught and have been practising; to add to your list, not only dump coins should be avoided, but also pump and dump coins. Another is, a trader should be careful of these signal channels and groups. Lastly and most especially, the knowledge of trading should be acquired before venturing into trading to avoid costly mistakes.

[ScamViruS]

Your all point are good. You must first prepare yourself to trade. When you are ready, you will have the ability to follow all the rules. If you don't have the ability to read the market and control emotions, there will be losses waiting for you. New traders often lose their funds when they come to trade. Because they do not have proper trading knowledge.

It is not easy to predict a bearish and bullish market. Because there are many reasons behind it. Many times a news comes and takes the market to the other side. To minimize the risk, stoploss must be used to save funds in case of any sudden dump.