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Author Topic: Wanna Know how to trade?  (Read 1019 times)
kceekcee (OP)
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May 07, 2020, 03:02:44 PM
 #1

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
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May 07, 2020, 03:16:52 PM
 #2

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
the problem about failure is if you already use all the money you have in first attempt . Greedy is the reasons why many people fail as long as they are greedy to earn higher amount in trading there is always possibility  to be lost in one mistake like waiting for another increase in price which is sometimes not gonna happen.

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May 07, 2020, 03:25:49 PM
 #3

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Experience is the best lesson. Likewise trading. But emotional management in tarde is very difficult to use. Failures without evaluation and improvement I think is useless. Trading is not gambling, there is technical and fundamental analysis that can be learned to minimize failures.

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May 07, 2020, 03:35:41 PM
 #4

You need to bring a bunch of courage with you when you trade. It's not all about winnign all of the time because most of the time, you will lose. And for the starters, it's most likely that they're hard to win their trades because they have to learn first. How they will control their emotion, learn the charts and make a better decision making. If one has decided to make a living with trading, that's really a bad-ass decision because it's a truly hard job to do.
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May 07, 2020, 03:35:49 PM
 #5

I can take the main point from your explanation if it's about how we can learn from our past experience and try to do better in the future. This is a common thing in the crypto but the problem is it's not enough just try to learn from our past experience but we must also try to learn how to trade combined with various data.

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May 07, 2020, 03:56:31 PM
 #6

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

You cant be successful in trading in so easily manipulated market as crypto. Bitcoin is easily manipulated. Alt cons are even more. You see 50% daily pumps and dumps that have no explanation except market manipulation.
 
You buy coins that you believe will be used 10 years form now. And keep them secured. That is all you need to do.
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May 07, 2020, 04:11:34 PM
 #7

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Are you sure that this is the right trading advice? You can't keep trading to fail just because many failed... The best advice is never to use all your coins to trade, I suggest you trade with little amount you can afford to lose

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May 07, 2020, 04:15:15 PM
 #8

How much do you want to bet that OP has absolutely no trading experience or is actually net negative as a result of trading?

The truth is, even experts fail. Nobody is so good that they have a 100% success rate.

It's all about taking your wins with your losses, and making sure that you're wins outweigh your losses to ensure you turn a profit.

If you seek perfection, you'll be bankrupt soon enough. Few people really catch the bottom and sells the top, just like few people manage to turn 1-5% per day reliably.

Good is enough, you don't need to be great.
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May 07, 2020, 04:16:38 PM
 #9

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
I do not get an explanation about trading here, you only explain about a spirit when someone fails, and what you need to know is that every person who fails in trading is clearly not the same and they also cannot immediately rise up, because rising from a failure also need time and process.
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May 07, 2020, 04:16:48 PM
 #10

It's been a different trading experience for newbies if you ask, many will still keep failing over and over again without learning anything, the best and safest trading strategy is buying low and selling high

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May 07, 2020, 04:18:53 PM
 #11

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
What is clear, before you start trading, you must have a strong reason why you want to start it. Does it really come from your own desires? Or interested because it was inspired by the success of your friends?

In addition, one important thing is to know that trading is like two blades. There are risks and profits. Both will depend on the strategy and the way you trade. emotional management, clarity of thought, the right analysis, and also the best decision at the right moment is also very influential. And this can be achieved by one of them from experience. But of course, it's not just a matter of experience, but we also need a variety of inspiration and lessons from various sources. Not only learn from our experience but also learn from various sources. So that we can adjust to ourselves and start practicing it.


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May 07, 2020, 04:50:31 PM
 #12

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
There is just one big problem with your approach, in almost every single other activity the cost of failing is very close to zero, if you try to learn a new skill and suddenly you realize that it is not for you it is not really a big deal, you just move on, but in the case of trading and investing the only way to learn if you have what it takes to be a good trader is by actually using money and after your first failure you are going to lose the majority of your money or even all of your money and then you have no way to keep experimenting, that is why I always say that the first thing that you need to learn as a trader is not to earn money but to limit your losses.
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May 07, 2020, 05:05:39 PM
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Learn how to read the charts. It's okay to fail if your rate will just 6 and above out of 10 failures. Below that, you really need to get back to the basics. Or simply just earn. There are projects that will just give you dividends, invest in it if you don't wanna worry that you will keep failing.
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May 07, 2020, 05:15:18 PM
 #14

everyone has their own way of trading, I will tell them, I use analysis with Trading View and determine the direction with the trend line, and of course support and resistance are very important to determine it, now the price of Bitcoin has broken through resistance maybe we will see $ 10000 before Halving  Grin
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May 07, 2020, 05:18:16 PM
 #15

At first need to Create a Exchangers account for trade. Then you have to analysis cryptocurrency market. Then you have to select some stable coin such as ETH, Ripple, XLM,  Doge Coin And have to see marketcap, Total supply etc. Then you can trade. I think it will be helpful for all traders.              

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May 07, 2020, 05:22:14 PM
 #16

Bcoming a real and professional trader is not easy for that you need to learn how to take losses as well i am talking about stop loss i know most of the traders do not use that and result in losing all their capital, so risk management is the key and we have to understand that we cannot win each and every trade so along with learning how to trade we should also groom ourselve psychologically to be a better trader.

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May 07, 2020, 05:46:30 PM
 #17

a trader learns from experience, I mean if you start from scratch, it is natural that we experience failure or experience a loss in trading. but the points we can learn from trading are, not greedy, not changing strategies, not emotional, always monitoring the coins you trade and it is important not to use large capital if you are a beginner.

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May 07, 2020, 06:08:32 PM
 #18

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
the problem about failure is if you already use all the money you have in first attempt . Greedy is the reasons why many people fail as long as they are greedy to earn higher amount in trading there is always possibility  to be lost in one mistake like waiting for another increase in price which is sometimes not gonna happen.

You are right about the loss ot funds, this is why it us ideally advisable that every trader or investor does so with their spare money, that they can do without, be it 1000$ or 200$, it has to be your spare.

Always do your own research a
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May 07, 2020, 06:28:12 PM
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Learning to trade is not easy. You need to learn how to analyze the chart, learn how to enter the market. The other thing that you should know is you don't have to go all-in if you are still learning about trading because that can make you get to lose the money if the price is moving down. Besides that, you need to have to know about controlling yourself in trading as the market will not constant at one price only.

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qazgroup
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RiveMont


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May 07, 2020, 06:31:38 PM
 #20

I think to be successful two traits are very necessar, one is being patient and the other is money management.
So if you are a type of guy who is always in a hurry or want to earn fast orget rich quick then trading is not for you.
Similarly, you need to have big capital and trade only with 1 to 5 percent of your capital otherwise you will burn your account soon.

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