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Author Topic: I have Good advice for investors  (Read 1225 times)
ultrloa
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September 23, 2020, 02:07:32 PM
 #61

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.
Yeah, although there are few people who have managed to go with it alone and discovered the secret on how they can do it better.

But, just like you said, I do say the same to traders that are still starting up to look for those that are going to be guiding them on their trading and helping them with technical analysis till they are good at it. Still, if someone claims they can help you with it, it’s best that you tell them to show your their portfolio so you can see their success and failure rate and know if they are as good as they claim to be.

To lucky for others if they have a experience guy next to them who's willing to teach them the technicals and other things on trading and for this for sure they can minimize the possible huge losses which mostly occur for newbies who's starting up. But for others who doesn't have for sure they will learn a lot from their experiences and I always admire those self learned person since they are the one mostly gain success in tradings.

R


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September 23, 2020, 06:29:49 PM
 #62

I do not believe that these advises are as nice indented as people think they are. I mean when you share common stuff that looks logical but considering crypto is wild and volatile, I try to see how it could be helpful. Obviously it could be from someone who thinks logically and that is why they share, but at the same time I feel like there is a chance that people may not be actually seeing what they should see with the idea.

If you work logically in an illogical situation, you are not going to end up with the results you want, you are going to end up with losses because you are acting logical and nobody can say what you are doing is wrong because they look common sense but when volatile market does something unexpected and what it shouldn't you end up losing money.
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September 23, 2020, 08:44:49 PM
 #63

I do not believe that these advises are as nice indented as people think they are. I mean when you share common stuff that looks logical but considering crypto is wild and volatile, I try to see how it could be helpful. Obviously it could be from someone who thinks logically and that is why they share, but at the same time I feel like there is a chance that people may not be actually seeing what they should see with the idea.

If you work logically in an illogical situation, you are not going to end up with the results you want, you are going to end up with losses because you are acting logical and nobody can say what you are doing is wrong because they look common sense but when volatile market does something unexpected and what it shouldn't you end up losing money.
We can really expect that response and ideas given will really be on the logic and common sense side but actually we are all just the same since this market is always been unpredictable.
We've just been commonly do say up these words but when we are already on the actual situation then we can really say that those advices neither effective or not and thats
how unpredictable it is.You are right that things that we want arent really ending up to be the outcome.Its neither both path where you would able to take.
This is why as an investor or even just an observer, these things will remain questionable from most of the time.

R


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September 23, 2020, 10:09:08 PM
 #64

I'd preferred to lose at first so I can find where I got wrong or a thing that I needed to enhance my capabilities and knowledge. Besides, experts do losses as well even though they are good at technical analysis, strategies, and huge knowledge. Because this is not a ticket for us to ensure that we are always at good, we still have weaknesses, and definitely we can't stop it. It could be of big advantage but certainly not it gives assurance that we can't suffer any losses.
Losing big at your first trade can be prevented only if you study first before you invest. Losing is indeed and expensive way to learn in trading so as much as possible better to prevent it. Also, if you don’t have enough knowledge you might become a victim scammers which usually targets those who don’t know much about the market, there’s a lot of enemy in this market. Making money is not guaranteed, but the chances of winning is high if you have strategies so keep on working to learn more everyday.

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September 24, 2020, 02:09:45 PM
 #65

I'd preferred to lose at first so I can find where I got wrong or a thing that I needed to enhance my capabilities and knowledge. Besides, experts do losses as well even though they are good at technical analysis, strategies, and huge knowledge. Because this is not a ticket for us to ensure that we are always at good, we still have weaknesses, and definitely we can't stop it. It could be of big advantage but certainly not it gives assurance that we can't suffer any losses.
Losing big at your first trade can be prevented only if you study first before you invest. Losing is indeed and expensive way to learn in trading so as much as possible better to prevent it. Also, if you don’t have enough knowledge you might become a victim scammers which usually targets those who don’t know much about the market, there’s a lot of enemy in this market. Making money is not guaranteed, but the chances of winning is high if you have strategies so keep on working to learn more everyday.
Why losing big in the first place? when it is always advisable to trade with the amount of money you can afford to lose, you don't just throw or invest on something you have no idea about e.g trading.
 Losing a small portion of the total portfolio will enable a trade to  go back to the drawing board study and research about the market, analyze to check what went wrong with the trade make possible corrections or amendment re-enter the market again with the same amount you can afford to lose when profiting use a good money management in a long run you will be profitable.

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September 24, 2020, 02:14:29 PM
 #66

It is very normal for every beginner who came into this industry to lose their investment. That's why as an investor you should know-how
to accept loose, because this business was too risky. So, it needs knowledge and skills because you are a trader here too because you will sell or buy your assets according to your will of course, depending on your understanding of crypto trading.
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September 24, 2020, 04:36:10 PM
 #67

Before starting the trade, to know trading strategy and knowledge are very much important. If anyone invests without knowing trade, he has a lot chance to lose his fund. So, if you want to be a successful trader, deeply study on trading. Gather knowledge on trading strategy, trading policy, market trends etc. The start trading with small amount for practical knowledge. At one stage, you will realize, how you should play on trading.

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September 24, 2020, 07:13:53 PM
 #68

If You start trading and you have no clue about technical or no help from someone who knows
You will lose your money likely.

You will fall in FOMO and fud no matter what the Good news and bullish market outlook the technicals analyzed correctly never lie to You!! 

If you Want to be a successful trader you better learn hard as you can the technicals.
As we know that it is an impossible thing to know everything about trading in one night. I was also a newbie in mid-2017. I had lost money for the wrong techniques and after realizing it that mistake learnt me a lesson and I had become matured later and still, I am learning. Gradually, I am making profits from it. So it would be good for you if you know and learn first then go for using it otherwise you have to pay for it.

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September 24, 2020, 08:27:18 PM
 #69

If You start trading and you have no clue about technical or no help from someone who knows
You will lose your money likely.

You will fall in FOMO and fud no matter what the Good news and bullish market outlook the technicals analyzed correctly never lie to You!! 

If you Want to be a successful trader you better learn hard as you can the technicals.
As we know that it is an impossible thing to know everything about trading in one night. I was also a newbie in mid-2017. I had lost money for the wrong techniques and after realizing it that mistake learnt me a lesson and I had become matured later and still, I am learning. Gradually, I am making profits from it. So it would be good for you if you know and learn first then go for using it otherwise you have to pay for it.

Learning is just the start but having the courage to trade is actually harder if you know there is risks to it. This is why a trader should know conciously what to do when market indicators do something which is depicted in the charts.

The reason why trader still like to be on spot market is because its less risky than on margin trading because they wouldn't be liquidated when they just buy low and sell high.

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September 25, 2020, 01:00:07 PM
 #70

It is even more difficult to start trading again after your orders have been closed with a stop loss several times in a row. And I am sure that this has happened at least once with all traders. Therefore, you do not need to try to switch to margin trading immediately, because it is very easy to lose your balance there.
I always try to pay attention to the accompanying luck, because if a dark streak begins in trading, then you should not start trading on credit if there were a number of failures before. In this situation, you should always give time to rest and reconsider your approaches and strategies.

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September 25, 2020, 01:41:21 PM
 #71

Know the technicalities in trading is not enough you should acquire good skill and good to analyze also you need a good experience before you jump in into trading and investing to it also reading articles about fundamental analysis and following others analysis would also help.

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September 27, 2020, 02:33:05 PM
 #72

If you are aware of the difficulties you might face in the future, I am sure you could also provide something for the situation you might face as well, for example if you buy something and it goes down, if you have a plan for it even before you buy that means you are going to be a great investor, however if you end up not having any sort of situation ready and you just end up being bad, that is going to end up with a loss.

Be ready for all the bad things that might happen and you are going to get out of that situation without a problem, if you for example load up more when it is low so that you drop the averages and put up a good sell order above your average so that you would get out even during a spike, you would be a good trader. Do not just watch, get involved with it.
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September 28, 2020, 07:08:07 AM
 #73

It is very normal for every beginner who came into this industry to lose their investment. That's why as an investor you should know-how
to accept loose, because this business was too risky. So, it needs knowledge and skills because you are a trader here too because you will sell or buy your assets according to your will of course, depending on your understanding of crypto trading.

This is right, you need to know how to accept loses (the more you trade with more loses you will have to face), but in the same time you need to know how to handle your profit! Medal has two sides, and both sides are equally important, profit will not mean much to you don't know how to keep it! For these reasons we have bankroll management, you can take all the money you have and start trading with the entire bankroll, you will not feel comfortable if you lose it all! 10%, 20% max from your bankroll is a good start, even if you lose it you will be able to try again. Before trying again analyze your previous trades and try to find out where you made mistakes, with next trades try to not make the same mistakes! The more you trade you will learn more and with more knowledge you will have more chances to make profit!

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carter34
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September 28, 2020, 08:43:10 AM
 #74

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

Then why start trading? Beforehand, it's mandatory to have a basic knowledge. Spending time studying the basics is a must.

Mistakes and losses are normal. There is no 100% perfect trade.

Just do trades while learning from mistakes. The money will lose, that's part of the process, but in the long-run it's worth losing some money for experience.

Yes mistakes are part of all the learning processes and profit that will come later will bring joy. In life, we need to be focus to achieve and feat takes us away from what we are suppose to achieve. Trading is risky and also all other thing we do.
Emitdama
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September 28, 2020, 07:18:53 PM
 #75

There is a huge difference between losing a bit and losing a lot. Most of the time if you are a very newbie investor and you lose big on your first try you will leave, not everyone leaves of course, I lost big on my first but I recovered it later over course of years, but at the same time if you are newbie you could definitely leave as well and nobody could say anything.

However, if you are new and you lost only a bit, not too much but just like 5% for example, you could totally recover from that, because even newbies knows that 5% loss is nothing and it could happen to anyone. Obviously we are going to suggest all newbies to have a stop loss, that way they could never lose too big and they will try to stay in the market as long as they could to make that back.
bocyaj
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September 28, 2020, 08:05:11 PM
 #76

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.


Trading is full about your learning on your own with some experience on trading.And it is not cent percentage you lose your money,if your inverse with out trading knowledge.Sometimes,you can get profit with your sweet luck.To continue your profit,you should became a technical strong person on trading.

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Wawa2013
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September 28, 2020, 11:04:56 PM
 #77

That's right the advice the opening post gave, because trading without having knowledge of technical analysis will only make us
experience losses and lose the capital we have. Because we will make the wrong decision when trading without technical analysis
skills. So totally agree if you really want to become successful traders, you have to learn about technical analysis. If you already
have knowledge about technical analysis, you shouldn't fall in FOMO and FUD, because you can analyze the market correctly.

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Yamifoud
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September 28, 2020, 11:26:21 PM
 #78

That's right the advice the opening post gave, because trading without having knowledge of technical analysis will only make us
experience losses and lose the capital we have. Because we will make the wrong decision when trading without technical analysis
skills. So totally agree if you really want to become successful traders, you have to learn about technical analysis. If you already
have knowledge about technical analysis, you shouldn't fall in FOMO and FUD, because you can analyze the market correctly.
Technical analysis has nothing to do than having our own instinct. It probably we can tell that not all TA's are effective, it is just a sort of market prediction for the incoming which we are actually not sure about. What we have now is to have the positivity and confidence towards the incoming and driven by our individual instinct helping to decide the right and the best thing to do. And why it sometimes we fall into FUD/FOMO, it is because we always rely on TA's.
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September 29, 2020, 01:10:22 PM
 #79

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.

Well, we always mix up couple of variables or variance which is wrong if you agree with me. Investors should always have a strategy; while trades should also have a strategy but also perfect technical analysis and fundamental analysis. While understanding and practicing both; you should also understand that knowing everything about trad charts would not stop you from fud or fomo.

You have got to develop your emotional intellect perfect, to ensure that you are not swayed by any news, rumours or gist in the crypto space.
Always do your own research.
Jateng
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September 29, 2020, 02:13:52 PM
 #80

It is very normal for every beginner who came into this industry to lose their investment. That's why as an investor you should know-how
to accept loose, because this business was too risky. So, it needs knowledge and skills because you are a trader here too because you will sell or buy your assets according to your will of course, depending on your understanding of crypto trading.
That's right but if you continue to do it in long period of time. You should learn from these mistakes and try new techniques and strategies that will help you to know more about trading. Its for all good of every traders to know a lot about trading. Knowledge is very important. Sometimes its not advisable to trade if you know your not in the mood and emotion will come up at you badly resulting to bad output.

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