Tips for good trading

[horrifiedx1]

Some of the best trading strategies we don't have. We may not have a good idea so we are losing money on crypto trading.Those who trade professionally follow many guides and follow different rules and then trade.They consider the previous position of the market and know what will happen next.As far as I know, you need to analyze the coins that you will start trading with.Every pattern needs to be looked at and researched.

Following the guides and rules that guided crypto trading will help you not to involve yourself in losses than to make you to become professional in trading. It hard for professional traders to disobey any crypto rules because they believe they are very important to every traders to observe in the process of trading in the market. professional traders always carry out their personal research not to experience failure at the end of their trading than to make a huge amount of profits at the end of the trade. Analyzing is very important to traders to make a good choice of the coins to invest on and have something good to earn in future.

to trade on the coin of choice which is a potential coin, of course the first step must be to create a framework, which is a reference for us to trade. after that we can open a position according to that analysis and profit or loss seems to be a normal thing to be addressed. a professional trader will evaluate each analysis for a better future. until finally you can achieve financial freedom from this trading itself

[1715216509]

1715216509

[panukurap]

Good tips, especially at points 3 and 4, usually many traders find it difficult to control their greed and it is also difficult for them to learn from the mistakes they have made. Therefore, this is the importance of our mentality when trading in cryptocurrencies, usually many are tempted by the market rises until they pass the price limit that has been determined from the start, as a result it turns out that the market suddenly drops and they get nothing. Maybe they call it optimistic but in reality it is just human greed. In addition, they also often do not understand and learn from mistakes that have been made so that they make a loss, and in the end the mistakes keep repeating themselves.

[barbara44]

You should know that investing, gambling and trading is somehow the same because you are not sure that you could win the prize, so expect that you could win and you could lose your money.

Yes, trading and gambling can be similar in some ways but when it comes to gambling even after you have developed strategies and analyzed everything it still comes down to how much luck that you have. Gamblers mostly counts on luck and it’s not like trading where you can be able to predict the next move that the market would make and be at least certain about it to an extent. But I'm not trying to disagree with you on that.

Secondly it is very important that people learn to limit their budget when trading. Most people tend to forget that trading is a risky business and if you lose your money it is gone. Unless you are lucky enough and maybe you end up recovering what you have lost. But, what if you are affected in a way that you lost more than half of your money? That is when it becomes a problem, if you also don't have money to spare. So, it is very important that anyone who is trading puts the risk that are involved into consideration.

[rojan]

Very helpful tips. Every new user should read and follow. Generally new user losing money because they don't know where to start and don't know buy,sell target.
 New user should Start with low amount like 50$ and then follow the Forum tips,news and Youtuber strategy. I think this will be helpful but remember try to follow two or three time to get better result and you will learn best trading strategy

One of the things that should be found here for the newcomers is that there is not a single mentor here who thinks that they can see here and do not know from here that they will not bring them down without their knowledge and instead provide that knowledge here if I say so many telegrams here  And there are so many different social media outlets out there that I think they can take knowledge by following them

[Rigon]

There are many important things for good trading that we can never accept. Those who have knowledge about different trades never lose more than the trading platform.For those of us who are at a loss on trading platforms, we are at a loss. There are some hard and fast rules for trading. If we follow those rules, we will not lose much on our trading platform.You must know well about such signals. Every partten has to be followed well.

[Rockstarguy]

This are very important tips for trading to follow , all what you have just listed is a fact. Greed has always spoilt everything concerning trading.  Most people try to aim much target in trading and sometimes it becomes loss at the end to them. Traders should be satisfied with the little profit they have , another day is also a day to make another profit.  Aiming to get to get excessive profit is very risky for traders.

[DoublerHunter]

This are very important tips for trading to follow , all what you have just listed is a fact. Greed has always spoilt everything concerning trading.  Most people try to aim much target in trading and sometimes it becomes loss at the end to them. Traders should be satisfied with the little profit they have , another day is also a day to make another profit.  Aiming to get to get excessive profit is very risky for traders.

^ Set a limit would always be fine in trading and also set a stop loss would be the best too to avoid chasing losses.
We know how greedy human it is but we should learn how to be contented with what we got because not all the time we can always make a profit in trading. Sometimes, a loss may occur in an unexpected moment or probably sometimes we are right but actually not. Good trading tips are good and it should start it into yourself.

[nurilham]

A good thread, as a trader we have to be able to avoid things that can be detrimental and trade carefully because it will involve our trading assets. Some of the points that you wrote above are indeed important things for a trader to do because that way we can learn from mistakes and be better in the next trade. theory alone is not enough to make us professional traders, therefore we also need practice and experience so that we can learn from experience and make it a lesson in the future. So in addition to learning theory, the experience will also greatly affect the future.

[Woodie]

I think something that most traders don't talk about is, we need to pick trading assets that we can be masters of and apply strategies that will work in the longrun.
 As much as we can know how to read charts,know candle stick patterns,I believe for better such let's to a couple of assets to trade,we can't be masters of all...if it's currencies then let it be,if it's indices or digital currencies let's stick to this

[Quidat]

I think something that most traders don't talk about is, we need to pick trading assets that we can be masters of and apply strategies that will work in the longrun.
 As much as we can know how to read charts,know candle stick patterns,I believe for better such let's to a couple of assets to trade,we can't be masters of all...if it's currencies then let it be,if it's indices or digital currencies let's stick to this

There's no such thing about assurance when it comes on making analysis or strategies because market isnt something that could really be putted up with some fix strategies which means
it do really make out changes from time to time which means that we would continue on making one until we do able to make profits out of our trades.Of course there would be several
factors which would really be needing for you to change nor control for you to make yourself sustainable with this career.It would take lots of efforts and time before
you could really have a good control or handle on this market.

[lalabotax]

Therefore, this is the importance of our mentality when trading in cryptocurrencies, usually many are tempted by the market rises until they pass the price limit that has been determined from the start, as a result it turns out that the market suddenly drops and they get nothing. Maybe they call it optimistic but in reality it is just human greed.

Don't believe people who say optimistic buying on the top price. They just try to make a hype, they suggest people to buy but they are selling their coins. I often saw some members on a few telegram groups that spreading mislead suggestion like this. However, to decide buying when the price is increasing can be a good way if you are using scalping method. But unfortunatley, scalping isn't for newbies or beginners, this method can be use by experieinced traders only. So, if you don't really understand about the way to get profits once it is in uptrend, better to stop buying and wait for the next correction.

[Qikiye]

Actually trading is the systematic approach where your emotions and feelings don't effective. Sometimes emotions and feelings can bring you losses, more greedyness can bring also losses. Before trading you should follow market price and tricker number. Don't show over budget to your limits...

[24Kt]

Actually trading is the systematic approach where your emotions and feelings don't effective. Sometimes emotions and feelings can bring you losses, more greedyness can bring also losses. Before trading you should follow market price and tricker number. Don't show over budget to your limits...

Though I don't understand about the tricker number that you're mentioning here. But yes, greed is one factor that can change your fate in trading. It is a human nature but can be controlled so you won't make a grave mistake. Also, at least study the coin that you are trading with, learn its foundation and ongoing developments because that will give you idea on how it may possibly perform in the market.

[wozzek23]

this is the importance of our mentality when trading in cryptocurrencies, usually many are tempted by the market rises until they pass the price limit that has been determined from the start, as a result it turns out that the market suddenly drops and they get nothing. Maybe they call it optimistic but in reality it is just human greed. In addition, they also often do not understand and learn from mistakes that have been made so that they make a loss, and in the end the mistakes keep repeating themselves.

It baffles me when I see traders during a bull run, who think that the market will just continue to go up forever. And when there happens to be a sign showing that the market will turn bearish any moment these people still continue to think that it will keep going up despite the signs that they are seeing in the market.

Most of them would keep jumping in even after the market has reached its peak price and at the end the market will fall and they will lose their money. It is really bad that even after so many years that we have seen this happened, people still do not understand that there are times for bearish and bullish trends.

Moreover, the bearish trend tends to last more than the bullish trend which would only just be for a short time.

[Farma]

I think something that most traders don't talk about is, we need to pick trading assets that we can be masters of and apply strategies that will work in the longrun.
 As much as we can know how to read charts,know candle stick patterns,I believe for better such let's to a couple of assets to trade,we can't be masters of all...if it's currencies then let it be,if it's indices or digital currencies let's stick to this

You may be right that we need to master the token or coin we choose, so that we know how to predict chart movements based on what happens frequently. only, I have a little suggestion for this. sometimes reading the movement of the chart is not a strong basis for buying a coin or token. I prefer to do research based on information that is happening supported by chart movements. it would be great when the coin you are targeting has chart movements that you have mastered, and have new developments, but the price has not gone up high. it can be a potential to make us make quite a lot of money. no matter what strategy you use to speculate, keep doing research on what they are developing now, and how they will survive in the future.

[Emitdama]

Following the guides and rules that guided crypto trading will help you not to involve yourself in losses than to make you to become professional in trading. It hard for professional traders to disobey any crypto rules because they believe they are very important to every traders to observe in the process of trading in the market. professional traders always carry out their personal research not to experience failure at the end of their trading than to make a huge amount of profits at the end of the trade. Analyzing is very important to traders to make a good choice of the coins to invest on and have something good to earn in future.

It can help you improve your trades but losses will still be there. Rules and guides might be too basic but they are needed to become a professional trader and why will someone disobey the rules when rules are very important? disobeying it can only lead for a trader to lose all his money and much worst is he won't be allowed to trade in the trading platform that he is using as they can also set their own rules.

It's important to read it and follow it. Pro traders are not cocky enough, they know that if they do over trade they will only lose so it's important for them to stop and secure the small profits they have collected and lastly analysing is indeed one of the recipes to become good at trading.

[kapalmabur]

I have my own way to trade, there are several ways that I use, Using divided capital,
meaning you can set aside 50% of your capital and use it to buy back if the price goes down again, then don't be selfish,

let the coins that have gone up not to buy, buy if the price drops,
I guarantee you can apply this trading strategy and you can be successful

[Desmong]

If your gain from a mistake is not in fact justified because you lost your boat from it here it may be you don't cry it is not a good thing to do it don't let your life be lost how far from you you can't  Yet when you meet this kind of person we form an assembly and have an effective exchange from that place we at least open and

New traders always faces more challenges cause of lack of knowledge, that is why they are prone to make a lots of loses with few weeks of trading. The best tip to give a trader is to keep learning. Learning nevers stop so we'll need to keep making research and reading books about trading to increase and develop our knowledge about the trading world. There is more to trading so the more we enquire, the more we understand why the market react.

[ReiMomo]

I have seen many questions about how they are going to be a professional trader, so I just wanna share my experience, I am not a professional trader but I just wanna share some of my experiences and way of thinking in trading.

1. Trade at your own risk - You should know that investing, gambling and trading is somehow the same because you are not sure that you could win the prize, so expect that you could win and you could lose your money.
2. Limit your budget - always limit your budget for trading, you should use only those extra money you have, instead of spending it on some other things, you may use it for trading, at least you made something to make it profitable.
3. Do not be greedy - There are many people who suffered from being greedy, they tend to spend all their money because of thinking that they could still make more money but instead of earning they have lost their money. ALWAYS KNOW WHEN TO STOP AND CONTINUE TO TRADE.
4. Learn from your own mistake - Instead of being sad because of losing try to think on some other thing why you get lost and think some good strategies to overcome those mistakes.

Some good tips from google:
5. Check the ticker symbol - Ticker symbols are not universal and may vary from exchange to exchange in rare cases. Those cases, though, can come back to bite you. For example, Bitcoin Cash trades on some exchanges as BCH, while it trades on others as BCC. BCC is also the ticker symbol for BitConnect, which was recently outed as a Ponzi Scheme. If you bought BCC under the impression was Bitcoin Cash, you would’ve lost a lot of money.
6. Pay attention to the bitcoin - Most altcoins (every cryptocurrency except Bitcoin) are pegged more closely to Bitcoin than Asian currencies were to the USD during the Asian Financial Crisis. If Bitcoin price pump drastically, altcoins price can go down as people try to exit altcoins to ride the BTC profits; inversely, if Bitcoin prices dump drastically, altcoin prices can go down, too, as people exit altcoins to exchange back into fiat. The best times for altcoin growth appear when Bitcoin shows organic growth or decline or remains stagnant in price.

Trading is really profitable ways of earning money and having skills and knowledge about it would be a great advantage for you.

Appreciate your work here for spending time in getting few good points and sharing here.

Do not be greedy: Do not invest all you have. Just hold back a lump of amount. There will be times when the price might go down and we will be at lose. The lump of amount can be used to average the lose.  
Learn from your own mistake: Its common with beginners to loose money by either panic sales or investing on a coin which does not have a growth. Loses teach more. Yes it would be hard to accept but its an experience. How can a beginner avoid much lose? Just invest 50% of what you have planned for on a best coin. Use the remaining 50% to average the lose if it happens though. Here where you can minimize your lose.  
Yes altcoins follow bitcoin's growth. Have patience and invest on the right coin when the price is low. Spend time and choose the right coin. This will reduce 70% of loss.

[shawon01]

There is so much to learn in life from cryptocurrency trading platforms. There are many tips that will help you to avoid such losses.There are many people who face huge losses due to lack of knowledge of cryptocurrency.To do cryptocurrency trading you need to do adequate analysis. You need to analyze the instant market.And you can't invest a hefty amount when the market is down so you can handle yourself.And do a good analysis of the few coins that you will trade with.

One of the things you need to keep in mind when chatting is that it is very important for you to wait for trading. Here if the profit you get is a big factor. Here you have to make a lot of decisions before buying coins here.  All you have to do is do some research from here and then you have to buy the coins