Paycoinzzz
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June 24, 2020, 08:57:02 AM |
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right. When I started trading, I was involved in many signal groups. and when I received many signals and I was confused. I don't know how to set the stoploss properly and I don't know how to set the target. I was even more worried about my trading orders when I started making open orders. after such a bad long time, I realized that I should trade by myself. And since then, I've won more and I'm not as nervous as when I heard the signal from others. Trading by yourself will help us learn a lot.
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The cure
Jr. Member
Offline
Activity: 448
Merit: 4
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June 24, 2020, 09:24:48 AM |
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Learning in trading is not as easy as 123, you have to be more patient and it takes time for you to understand everything. I think there is nothing wrong if you try to ask someone's opinion or advice but it is best to come to actual trade you are not dependent on the decisions of others, because at the end of the day what ever may happens you have nothing to blame but yourself.
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lienfaye
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June 24, 2020, 11:09:56 AM |
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Sometimes new traders think, it's better to listen to other people's opinions than to be tired learning by yourself, So they only depend on trading signal providers, And I don't think they can become a professional trader if continues like that. We must learn by ourselves, and of course there are mistakes, so make a lesson from those mistakes.
Yes they think its more wise to follow other trader's strategy and apply it when they trade but its not right. We must gain knowledge on our own to better understand how trading works. Its not bad to listen to others but we should have our own plan and strategy. Dont be afraid if you made a mistake or fail because its part of the process and those mistakes are the stepping stone to become a pro trader because you will learn something from it.
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darewaller
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June 24, 2020, 03:04:42 PM |
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There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.
You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
I know for sure that the majority of those signals won't even work and you can lose money when you decide to follow them. So, learning to trade all by yourself is still a better option here. When you take your time to learn how to trade and do it yourself you will be sure of developing good strategies and they can be really helpful when you're able to get the right strategy that works. Although I have heard that there are paid signals that really work out. But, that's if you're able to pay for the signals and also have enough money to invest and recover the money you paid, and don't forget if you go buying signal then that will blunt your trading skills over the time as you will never think about updating your analytical skills. It means you will keep on depending on those signals provided by a third party. It means you trade by the ideas of others hence you just work for putting orders and nothing more .
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durilup
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June 24, 2020, 04:01:51 PM |
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Trading daily cryptocurrencies are a very high risk than normal stock trading because cryptocurrencies are very volatile . I think the best option for a beginner is to start with a demo account
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hahay
Legendary
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Activity: 3654
Merit: 1056
Leading Crypto Sports Betting & Casino Platform
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June 24, 2020, 04:11:08 PM |
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Indeed, it would be better to trade by yourself but that does not mean they are not allowed to subscribe, because with them getting input from signal groups and / or other services is also a way to finally get them references for further actions to be taken in trading. It's different if you have experience, but for beginners I think every input is very necessary so that they can trade with a plan, because if they only trade without a strategy and a mature plan, they will only continue to lose and find it difficult to learn every mistake they experience.
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AakZaki
Legendary
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Activity: 2338
Merit: 1084
zknodes.org
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June 24, 2020, 04:49:31 PM |
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Are there even legitimate signals by now? I bet they are all just doing it for their own profit. I have never believed them even the first time I knew about it and joined some of them.
Inside that is just one group of people who are looking for victims. Since day 1 of trading you are always by yourself.
there is never a valid signal at this time. I also don't trust groups that give signals, because they benefit from members who follow the signals. I also joined and everything was bullshit. It takes a long time to complete just one order. Even groups are divided into several classes. Ordinary class, middle class and VIP class and the price to enter the signal group is certainly different according to the class. Trading alone with your own knowledge is more fun and offers more learning. But it still must be with a good analysis.
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cytpoway121
Member
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Activity: 1540
Merit: 68
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June 24, 2020, 09:09:33 PM |
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I have always believed that the best way to win for yourself is to win by yourself without any one, group laying claims as to find you succeed so easily.
Trading by yourself does not only give you confidence, it renews your knowledge and improves your technical know how about trading.
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Assface16678
Full Member
Offline
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
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June 24, 2020, 09:55:49 PM |
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Some of the traders today are having struggles to their daily and weekly trades, and some of them are want to use with the trade bots because of the rumor they got that if you can win all of your trades easily without doing anything and the bot just do your work it is not quite bad if you are a newbie but if you are too long on the industry of trading you can see the difference and risk on it which is highly recommend to the newbie stop doing this kind of trades because one of the most efficient is the trading on your own. Knowledge and is the most powerful thing according to the people who always said which is I agree with those too because in the end no one will help you and you will do all the things by your self only. Sooner or later the bots do not work do are you willing to become a dependent trader or stand on your feet.
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Nathanz
Member
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Activity: 133
Merit: 10
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June 25, 2020, 05:52:13 PM |
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Trading daily cryptocurrencies are a very high risk than normal stock trading because cryptocurrencies are very volatile . I think the best option for a beginner is to start with a demo account
I agree. But let's not separate the benefits of trading cryptos as compared to trading stocks. In cryptos, the prices are unexpected. It could go up high, or go very down low. Now, it's just up to the trader on how he will execute his plan. Yes, there are demo account in some trading websites wherein user can practice how to trade. There are also a lot of resources out there which can help a user understand how does trading works.
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bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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June 25, 2020, 06:03:33 PM |
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Indeed, it would be better to trade by yourself but that does not mean they are not allowed to subscribe, because with them getting input from signal groups and / or other services is also a way to finally get them references for further actions to be taken in trading. It's different if you have experience, but for beginners I think every input is very necessary so that they can trade with a plan, because if they only trade without a strategy and a mature plan, they will only continue to lose and find it difficult to learn every mistake they experience.
Traders who don't have much experience.and self confidence often rely on someone or something else. They think that various tools like bots or to copy someone's trading strategy will make them successful traders. I can understand that in some extend but that is not the best way. Having your own experience and learning on your own mistakes is the best. Yes, it might be expensive and stressful but no one else will teach how to trade except yourself.
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Lorokan (OP)
Member
Offline
Activity: 421
Merit: 47
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June 25, 2020, 08:05:21 PM |
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Trading daily cryptocurrencies are a very high risk than normal stock trading because cryptocurrencies are very volatile . I think the best option for a beginner is to start with a demo account
One truth you should know is that everything in the world is a risk, stock trading, forex trading, binaries, are all risky, but you can excel in it if you do the proper researches, focus on the objectives (winning), master a strategy that works for you, let go of greed; and finally follow the market emotions by trading, taking profits and not trading at all depending on the present circumstances.
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Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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June 25, 2020, 08:27:57 PM |
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Indeed, it would be better to trade by yourself but that does not mean they are not allowed to subscribe, because with them getting input from signal groups and / or other services is also a way to finally get them references for further actions to be taken in trading. It's different if you have experience, but for beginners I think every input is very necessary so that they can trade with a plan, because if they only trade without a strategy and a mature plan, they will only continue to lose and find it difficult to learn every mistake they experience.
Traders who don't have much experience.and self confidence often rely on someone or something else. They think that various tools like bots or to copy someone's trading strategy will make them successful traders. I can understand that in some extend but that is not the best way. Having your own experience and learning on your own mistakes is the best. Yes, it might be expensive and stressful but no one else will teach how to trade except yourself. Well, that is exactly right. Trade by your self and do your own research as well, --this will perhaps make you a successful trader but at least it will give you a piece of knowledge and skills that perhaps your shield in the trading field. Trading tools will consider as a helpful tool in trading but I recommend not to depend on them every time because it does not make you have an improvement. Indeed, spend more time digging research to build up your acknowledge and skills, practice in TA, and FA is most important.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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dunfida
Legendary
Offline
Activity: 3276
Merit: 1159
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June 25, 2020, 09:13:28 PM |
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Well said the experience is the best teacher. We may learn about some of our experiences. That is why it is really advantageous if you have more experience with something. You may face so many struggles before you become successful in something. You will make many mistakes because that is part of the process of growing up but do not let those mistakes down you. If you have done mistakes you shouldn't quit trying it because once you have quit on it you will never make it right again. You will lose opportunities because of writing. Just try and try until you reach the things you want.
Research or Theories wont really be enough even though you do already learned up everything but if you do lack of experience then it would really be an another story.Mistakes is there but at least you would able to learn it for yourself and be applied into next trades to come.You wouldnt learn something if you dont experience it thats why i do really believe that experience would matter most.In speaking of learning for your self then its better but it isnt bad to look for other resources too which would help out to broaden your knowledge and awareness.
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Yamifoud
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June 25, 2020, 11:46:01 PM |
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Some of the traders today are having struggles to their daily and weekly trades, and some of them are want to use with the trade bots because of the rumor they got that if you can win all of your trades easily without doing anything and the bot just do your work it is not quite bad if you are a newbie but if you are too long on the industry of trading you can see the difference and risk on it which is highly recommend to the newbie stop doing this kind of trades because one of the most efficient is the trading on your own. Knowledge and is the most powerful thing according to the people who always said which is I agree with those too because in the end no one will help you and you will do all the things by your self only. Sooner or later the bots do not work do are you willing to become a dependent trader or stand on your feet.
The more you acquire and use trading bots, the lesser chance to learn more about trading. Try to see the difference and compared it when to do it in an actual scenario and for sure you probably know the real situation of your trade and it enlightens your knowledge of the way you manage your trade. The more we engage in real scenarios the more to go far and the more we understand life as a trader. Bot do have some benefits but in general, aren't helping for us to develop and improve our knowledge, instead, it helps us to become dependable into it. And it makes us lazy, we're not doing anything but just let Bots to do the risk.
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Twentyonepaylots
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June 26, 2020, 05:24:40 PM |
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There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.
You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
True. Learning trading by yourself can help you to improve a lot of skills and techniques. In the long term, having trading knowledge gives you opportunities to work alone and create your own system which helps you to understand the market a lot It is natural actually for a newbie to seek for help at first, especially from winner trader but the thing is they should be just in a box for the whole day they should be researching facts and strategies which market is great for them coz honestly some of us are winning in trading but most of us are losing. The misunderstand of most beginners that trading is just an easy task is hole for them, I blame those advertisements that says you can actually profit $100 in a day without saying you need to have at least $500. Therefore, dont become lazy and dont depend all of your money on a trading signal
I tried these signal channel in telegram and guess what they are full of craps. Hear for other opinion but don't let that be your decision, come up with your own.
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YOSHIE
Legendary
Offline
Activity: 2296
Merit: 1787
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June 27, 2020, 05:10:11 AM |
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You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
I support you in terms of wanting to learn to trade with Crypto, of course someone is investing & trading, hoping to generate profits and good results for the future. Of course in this case you should be equipped with the science of trading on the crypto platform before starting to place assets for investment & trading. For that step you take is the right choice, to have time to study crypto and at the same time understand to prepare yourself for trading, this is the first step that can make you successful going forward. The most important thing, what you have to learn is: the strategy you want to use and never jump before you understand crypto well.
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metenjean
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June 27, 2020, 08:27:50 AM |
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I am not lucky when try to trade by my self because always get problem buy with higher price and must selling with lower price, what method have check and looking for to get profit with trading bitcoin or altcoin, many channel become my source information but always get bad moment when start trading and need time how to get lucking next time on trading information.
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chip1994
Sr. Member
Offline
Activity: 868
Merit: 251
HEX: Longer pays better
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June 27, 2020, 10:05:55 AM |
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There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.
You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Yes, I agree with how to trade and learn by myself. I have been trading under the signals of some prestigious groups and after many months I have not learned any experience for myself. that time was meaningless and the transaction was not profitable either. We should only trade ourselves and set up our own trading plans. That is what helps us become a successful trader in the future.
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traderethereum
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June 27, 2020, 10:56:00 AM |
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I am not lucky when try to trade by my self because always get problem buy with higher price and must selling with lower price, what method have check and looking for to get profit with trading bitcoin or altcoin, many channel become my source information but always get bad moment when start trading and need time how to get lucking next time on trading information.
You are not alone because I have those experience too. I am sure that is just a moment that we can replace with the right moment, but we need to keep learning about trading. We will a good time to buy low for the coin and sell high if we know how the way to analyze better. Right now, you need to have confidence in analyzing the coin and don't just follow a suggestion from other people if you are not analyzing by yourself. Don't forget to search for more lesson on analyzing, so you know what needs to analyze and when you can do trade.
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