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Author Topic: Trade by yourself  (Read 9118 times)
Bitlover10
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September 19, 2020, 11:26:54 PM
 #201

Market is in bad condition and btc is unstable and every 200 or 300 dollars moves of btc alt making bleeding. In this condition trade by yourself is good but don't forget to put proper stop loss if you are taking margin in your trade.

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September 19, 2020, 11:34:25 PM
 #202

Market is in bad condition and btc is unstable and every 200 or 300 dollars moves of btc alt making bleeding. In this condition trade by yourself is good but don't forget to put proper stop loss if you are taking margin in your trade.

short term trading actually is good if you know how to strategise. sometimes you will gain more profit from this strategy as compared to long term hodling. that is, if you have the patience to do intermittent trading and watching the market closely.
 profit of 200 - 300 bucks many times is sometimes better than long term hodling. but you should know what you are doing here. with this strategy, you can already see your gains here in a very short period of time. and also, incorporate the fees (trading/transfer fees) that you are spending so you know your actual net profit from this game plan

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September 20, 2020, 01:31:24 PM
 #203

Trading without learning trading strategy is just a foolish decision. For learning trading strategy one should study more and more. Before starting your trade you should gather knowledge and experience about trade. You can follow the traders who have a long days experience on trade. Then you can start your trade in small scale so that you can get practical knowledge. 

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September 21, 2020, 09:33:51 PM
Last edit: September 22, 2020, 05:35:48 PM by Anyobsss
 #204


It's not bad to copy the strategy of the other people to make the trade if you are winning those trades why not it gives a lot of market profit to you all of the aims of the trader is to have some additional earning no matter what they did like copying other strategy or using your own.

If you think you are winning with their skills go use it still one of the best things to do is make your own trading skills too and combine with the knowledge of other people this is one of the best things you could do with the combination of different knowledge can make a good outcome towards to your profit.

Yes, if you're profiting using their strategy its good. I don't see anything wrong from copying others strategy. Life has always been like this. You copy then you improve it. That's how most of the successful people in life become successful. They adapt other's strategy they they improve it suitable to their style.

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September 22, 2020, 07:56:07 AM
 #205


It's not bad to copy the strategy of the other people to make the trade if you are winning those trades why not it gives a lot of market profit to you all of the aims of the trader is to have some additional earning no matter what they did like copying other strategy or using your own.

If you think you are winning with their skills go use it still one of the best things to do is make your own trading skills too and combine with the knowledge of other people this is one of the best things you could do with the combination of different knowledge can make a good outcome towards to your profit.

Yes, if you're profiting using their strategy its good. I don't see anything wrong from copying others strategy. Life has always been like this. You copy then you improve it. That's how most of the successful people in life become successful. They are adapt other's strategy they improve it suitable to their style.
Indeed. There is nothing wrong with copying other people's strategy, as long as you don't claim it as your strategy. Using other people's techniques on trading could definitely help you make a successful trade, and combining it with your strategy for it would have a better outcome.  Sometimes, in your life, you need to ask for someone's help for you to step up and make yourself independent in the future.

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September 22, 2020, 08:37:29 AM
 #206

I saw some thread too right here on our forum which is some of the members are asking for some help about their trading techniques and what are the things they should do but on my opinion its better not to become a dependent person.

Search for your answer and don't just wait for the blessings we are avoiding getting spoon feeding to other members.

Also they can try the traditional way which is the wait for the market price goes into dip and sell it when it comes to ATH.   
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September 22, 2020, 11:25:39 PM
 #207


It's not bad to copy the strategy of the other people to make the trade if you are winning those trades why not it gives a lot of market profit to you all of the aims of the trader is to have some additional earning no matter what they did like copying other strategy or using your own.

If you think you are winning with their skills go use it still one of the best things to do is make your own trading skills too and combine with the knowledge of other people this is one of the best things you could do with the combination of different knowledge can make a good outcome towards to your profit.

Yes, if you're profiting using their strategy its good. I don't see anything wrong from copying others strategy. Life has always been like this. You copy then you improve it. That's how most of the successful people in life become successful. They are adapt other's strategy they improve it suitable to their style.
Indeed. There is nothing wrong with copying other people's strategy, as long as you don't claim it as your strategy. Using other people's techniques on trading could definitely help you make a successful trade, and combining it with your strategy for it would have a better outcome.  Sometimes, in your life, you need to ask for someone's help for you to step up and make yourself independent in the future.

I think it is not healthy to copy other peoples strategy, it may not work for you. Instead of doing this; you can simply study and practice the strategy to perfection. Refine and remodify it and set targets for yourself.

Don't just copy and trade signals or lectures.
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September 24, 2020, 12:09:25 PM
 #208

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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September 24, 2020, 09:54:09 PM
 #209

Market is in bad condition and btc is unstable and every 200 or 300 dollars moves of btc alt making bleeding. In this condition trade by yourself is good but don't forget to put proper stop loss if you are taking margin in your trade.

short term trading actually is good if you know how to strategise. sometimes you will gain more profit from this strategy as compared to long term hodling. that is, if you have the patience to do intermittent trading and watching the market closely.
 profit of 200 - 300 bucks many times is sometimes better than long term hodling. but you should know what you are doing here. with this strategy, you can already see your gains here in a very short period of time. and also, incorporate the fees (trading/transfer fees) that you are spending so you know your actual net profit from this game plan
Sounds to simple but really hard to be done and this kind of skill wont really be just easily for you to attain for a short period of time.Being an active trader is the hardest part of trade yet you would need to deal with moving prices on a very active manner which makes it more risky compared on just simply holding which is logical but there are people whom do much prefer this method rather than holding long for years.

I myself is a hodler and at the same time i do have some allocated or saved funds which are used for day active trades.It is really totally different when it comes to level of profitability yet you can gain on gradual basis
which would sum up even more than on the profit you do gain when you are just holding.Even though the risk is much higher but really worth for someone to try.

Just remember on not just simply jumping off to the market without proper preparation and knowledge because you would just simply be burning out your funds and wont able to recover it on a short time basis.
Always start from the basics until you do get some good grasp on it.

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September 25, 2020, 04:56:34 AM
 #210

First rule of crypto trading is don't get FOMO. But, literally still see people do it all the time over and over again. Actually they get mad at the crypto market and freaking out thinking his holding gonna hit more. Until they realize it getting to late. Hence practice makes us good trader so try yourself unless you feel comfortable in trading.
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September 25, 2020, 05:17:09 AM
 #211

Anybody who is newbie following up the trading signal group might loss his all money because trading is an experienced man job. To predict the market price you have to know all the details behind the project to what can happen next. When you start trade by yourself gets much more knowledge and experience and this experience will going to work whole life.
I can say that trading experience is always going to called source of money.

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September 25, 2020, 07:41:52 AM
 #212

Market is in bad condition and btc is unstable and every 200 or 300 dollars moves of btc alt making bleeding. In this condition trade by yourself is good but don't forget to put proper stop loss if you are taking margin in your trade.
I think this is not the time to conduct margin trading, it will be very risky if the sharks are constantly manipulating and reversing prices.
I see our crypto market accumulating day by day, volume is decreasing and preparing for a big dump or pump. Given the current unstable economy and some political turmoil taking place in many places, I think we'll have to see bitcoin fall to $ 9k6 or $ 9k8. We'd best hold USDT for now.


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September 25, 2020, 01:16:56 PM
 #213

i don't really suggest following on the signal groups specially the free one they are just there to deceive you but there are some legitimate services who really gives a profitable signals but in exchange you will not be able to learn to trade and will just rely on a signal so it's true that you should learn to trade by yourself.

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September 26, 2020, 12:52:08 PM
 #214

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, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic
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October 01, 2020, 09:13:42 AM
 #215

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.

Yes, you are right, because if you follow someone`s patterns you may lose – no one guarantees that copying trading activities or signals can get you a profit. Regarding setting up stop-loss properly, I use https://www.cryptoview.com to manage my trades and it helps me a lot. They support most of the exchanges and it saves me a lot of time.
But yes, completely agree with most of the comments so far, the best way to learn is by observing the market and making your own decisions, based on drawn conclusions, knowledge and experience, and remember not to panic.
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October 01, 2020, 12:42:19 PM
 #216

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, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic
I agree that having your own way of doing things like in trading will helps you grow faster but don't rely on that completely for you are a newbie, in that level you should ask more to your friends who already knew trading and its not a bad thing because you are just starting, its like asking for reviewers before taking your exam, but of course after this level where you already knew the basics amd the normals things you need to do that is the time where you do own experiments, strategies and every plan you come up by yourself.
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October 01, 2020, 07:18:09 PM
 #217

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, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic
I agree that having your own way of doing things like in trading will helps you grow faster but don't rely on that completely for you are a newbie, in that level you should ask more to your friends who already knew trading and its not a bad thing because you are just starting, its like asking for reviewers before taking your exam, but of course after this level where you already knew the basics amd the normals things you need to do that is the time where you do own experiments, strategies and every plan you come up by yourself.
You can either do both things neither you do ask someone for some keypoints or help or would just simply do make out some search just for yourself.
It depends and varies to each person because not all are really fan on asking help but instead they do learn up all for themselves yet come to think that
all information that we do need can really be searched up online on which you can learn from it but its still ideal to consider on reading up others experience
since this will add up into your knowledge which can really be useful into your trading career.

Summing it all for the sake of your own advantage will be much preferred or a must thing to have in mind, as long you do make profits in the end
of the day then thats what matter most.

R


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Janation
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October 02, 2020, 09:23:38 AM
 #218

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, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I think I understand this differently.

It is great that you could trade by yourself but I don't think that should also mean not relying on other people especially if you are not that skillful enough to create your own strategy or profit. You could learn a lot of things from experienced ones and if you know you can do it yourself, then I guess that is the time that you make your own and needed to be relied on by others.
oHnK
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October 02, 2020, 04:04:02 PM
 #219

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, the best thing about trading is to find a way to do it by your self not and not relying on anybody or anyone before opening any positions.
You can learn from people.. But be on your own with your trade. And believe in your logic

I think I understand this differently.

It is great that you could trade by yourself but I don't think that should also mean not relying on other people especially if you are not that skillful enough to create your own strategy or profit. You could learn a lot of things from experienced ones and if you know you can do it yourself, then I guess that is the time that you make your own and needed to be relied on by others.

As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone.  What I have learned is that trading by your self will provide a greater risk of loss.  Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced
Janation
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October 04, 2020, 11:56:12 AM
 #220

~
As a newbie in trading, I really trade by my self, i do it only by observing, studying situations, and not having discussions with anyone.  What I have learned is that trading by your self will provide a greater risk of loss.  Because I feel more losses than profits during trading by my self. Haha idk where's my wrong, but i think because i never discuss with others who have experienced

That is your mistake.

You don't need to shoulder trading by yourself, it is not that wrong to open sometimes to other people especially in this forum since there are a lot of people that are willing to help you here. You should tell what you are doing so people could point out the mistakes you are doing. Losses is normal but you could reduce that risks you are taking and it is like you are doubling that up since you are inexperienced.
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