Darkelf11
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September 29, 2020, 03:46:25 PM |
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If You start trading and you have no clue about technical or no help from someone who knows You will lose your money likely. ~
I understand your point, trading is really a hard task for someone that doesn't have enough knowledge on technical analysis such as reading charts, graphs, using different indicators which are not easy to understand and apply to the actual trading. Most beginners on trading are usually do not have enough background/strategies or what on trading, as a result, relying on their feelings without technical analysis, ending up being the loser.
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isaac_clarke22
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September 29, 2020, 04:20:06 PM |
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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.
Uh, isn't that obvious? Maybe not really for the technical side unless you're learning smart contracts, etc. Just a watch in Youtube would already help you. You don't need "someone" actually. You could just self-learn and get the hang of it. Did that in my day trading days. It was a learning experience because I didn't earn but I still learned.
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hahay
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September 29, 2020, 04:33:34 PM |
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At first you can instill patience and yes, we know patience is something important but even patience can also be applied to novice or inexperienced traders. I only share a little experience in the past, therefore I think patience is something that is very important for you to realize from the beginning onwards, because even though you don't have experience and also have a good understanding in trading but with patience, I'm sure you still have a chance to get profit from trading because with patience it will allow you to control yourself not to panic easily.
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okala
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September 29, 2020, 07:39:38 PM |
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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.
Knowledge of the technical analysis is not enough in trading. You really need patience and treating cryptocurrencies trading like the normal business. We have sell what we bought below the purchase price but we always do the opposite when trading. I will recommend strong mind above learning.
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boyptc
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September 30, 2020, 12:14:18 AM |
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People who have technical knowledge in the analysis is an advantage. Yes, those traders that have less knowledge are likely to lose but it doesn't mean that they shouldn't learn it through experience.
It's good advice, reminding the new traders that the risk they are dealing with is high in trading. But all of those can be learned in process.
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lienfaye
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September 30, 2020, 01:15:12 AM |
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People who have technical knowledge in the analysis is an advantage. Yes, those traders that have less knowledge are likely to lose but it doesn't mean that they shouldn't learn it through experience.
It's good advice, reminding the new traders that the risk they are dealing with is high in trading. But all of those can be learned in process.
Yes we can learn how to read the market and make an analysis by experience, its an edge of a trader. But being successful in this field doesnt rely alone to this. A strategy and how you understand the market are also important, even traders who dont know how to make a technical analysis are able to earn by following their plan and strategy.
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Peanutswar
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September 30, 2020, 07:09:31 AM |
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In trading, you just need to become balance. Not all the time you are going to focus on the technicals well there are two different people learning and applying their knowledge. 1. We have the person who called the bookworm they are most likely learning with the use of the information and the books they are reading before applying on the real trading. 2. There is a person who is more on technicals, likely more on experience. These are the two type of person I usually encounter but for me, it's better to have both skills because not all the time you are learning with the use of the books and not all the time you doesn't know more than only came from the book. People who have technical knowledge in the analysis is an advantage. Yes, those traders that have less knowledge are likely to lose but it doesn't mean that they shouldn't learn it through experience.
It's good advice, reminding the new traders that the risk they are dealing with is high in trading. But all of those can be learned in process.
Yes we can learn how to read the market and make an analysis by experience, its an edge of a trader. But being successful in this field doesnt rely alone to this. A strategy and how you understand the market are also important, even traders who dont know how to make a technical analysis are able to earn by following their plan and strategy. Also, another thing is the patience and the faith of the trader is included. There are a lot of traders who are using too many emotions in making a trade like the FOMO, when the market falls immediately sell out and etc. Trading requires different skills, also if we have 7th sense why not in trading.
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Mr.sprin
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September 30, 2020, 02:26:08 PM |
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Learning from the experience of people who have achieved success in trading is a very valuable lesson so that you don't lose money and you will get a profit
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wxxyrqa
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September 30, 2020, 03:35:24 PM |
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Learning from the experience of people who have achieved success in trading is a very valuable lesson so that you don't lose money and you will get a profit
Of course, any area of activity in the cryptocurrency market provides valuable lessons and a lot of experience. In addition, investment and trade have significant differences. Nevertheless, for a trader, the most important thing is technical analysis, thanks to which the trader gets daily results. For an investor, the main thing is fundamental analysis in order to fully explore all the possibilities of the project and the real prospects of cryptocurrency in the future.
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SquallLeonhart
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October 04, 2020, 02:06:25 PM |
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You can combine them both at the same time as well, you do not have to follow just one path and never derail from it forever, that would make you a robot and I think there are bots that can follow all your instructions which means you do not have to be a trader yourself, just learn how trading is done and which one is good and you could potentially just get that into the bot and make it work for you without ever doing anything else.
Since you are not a robot yourself and you could make changes in your path, you could trust your instinct about something but do not do it on every single coin and token, do it when you check the TA first and react accordingly, do not go all instinct all at once, just see what the charts say and depending on the result give your own twist to it.
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amonymous
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October 04, 2020, 04:11:06 PM |
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Thinking last line because if we want to manage trading successfully, we must learn and do a lot of research. I think the more research you do on a subject, the more you will become proficient and practice a lot to get success from trading. So learning is the most important then you can do anything in this crypto market.
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pawanjain
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October 04, 2020, 04:31:13 PM |
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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.
It might be true to some extent but technical analysis is not the only thing that drives the market forward. Crypto trading depends on many factors and we must know all of it to predict the market's next move. The fundamentals play an important role too and I have noticed many times that the trend is set based on the global news and events based on crypto. Technicals does help us a little but one must focus on all the other aspects as well to gain more profits from their trades.
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coolbaughandrew
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October 05, 2020, 08:20:07 AM |
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I thought such advice is evident like a recommendation to keep your private key safe.
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AniviaBtc
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October 05, 2020, 09:34:55 AM |
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Thinking last line because if we want to manage trading successfully, we must learn and do a lot of research. I think the more research you do on a subject, the more you will become proficient and practice a lot to get success from trading. So learning is the most important then you can do anything in this crypto market.
Cryptocurrency investors should be aware on how to manipulate their assets in the market properly. Research is not enough without application to become more effective in trading and investment. Learning how technical analysis works and other analysis is also important because that will give you a hint on when to make transactions especially that most of the cryptocurrency are volatile, especially bitcoin which is the number 1 most used cryptocurrency asset. Try to use some virtual trading platforms that you might use in order to understand how trading actually happens.
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goldade
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October 05, 2020, 07:44:13 PM |
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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.
It is absolutely true that every trader shouldn't depend solely on getting signals from others but should strive to be able to understand technical analysis. However, it is not just technical analysis that should learnt and mastered but also fundamental analysis. Both are equally important for a trader in order to make the most of the market. A successful trader understands the importance of both and uses it to his advantage. It is only imperative to learn as much as possible about both before venturing into trading.
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rijaljun
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October 05, 2020, 08:14:15 PM |
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OP is true some people still jumps on the market without any knowledge will result on losing money since trading can't be learned without any knowledge at all even if you trade many times and gain experience it's nothing if you don't even know the basics of reading technical analysis.
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CODE200
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October 05, 2020, 11:22:47 PM |
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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.
That is true. Many people are really jumping and skipping the basics and getting into the act of trading knowing nothing and even the technicalities involved are not known by them making them suffer from loss because of the act they do on passively skipping the essential things that they must learn first before getting into the application of their actual learning which is the trading itself. Success will come to you in training if you of course educate yourself first before doing anything because trading without prior knowledge is a total risk and a gamble of your money.
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Kelvinid
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win lambo...
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October 05, 2020, 11:45:17 PM |
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OP is true some people still jumps on the market without any knowledge will result on losing money since trading can't be learned without any knowledge at all even if you trade many times and gain experience it's nothing if you don't even know the basics of reading technical analysis.
That was suicide. People who have that thinking are just simply throwing their money in the tin air. Because even though you are not good at TA but we also have our common instinct and that seems important. I can't tell that these people are investors, the ignorance drives them to loose ends and they can't blame themselves either because that's their fault. If they were a true investor, they will also know what is the best thing to do.
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lixer
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October 06, 2020, 03:47:52 PM |
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Sometimes the news have more effect on the market than anything. It’s good that we know technical analysis but I have seen times that experts we do technical analysis to predict the future of the market and then there will some news of an event that will affect the market and cause it to move the opposite direction.
If you decide that you want to be a trader, then you have to understand the market; you should be aware of everything that’s happening and how they can affect the market, and you should also be good at technical analysis. Anything you want to do, make sure you are good at it.
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btc-facebook
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October 07, 2020, 12:58:39 AM |
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People who have technical knowledge in the analysis is an advantage. Yes, those traders that have less knowledge are likely to lose but it doesn't mean that they shouldn't learn it through experience.
It's good advice, reminding the new traders that the risk they are dealing with is high in trading. But all of those can be learned in process.
Learning about trading is something that must be done before making real trades, it aims to minimize losses. But if you do real trading without knowledge, then it is the same as burning your money, the experience you get must be with the knowledge you have, if without knowledge the experience will be in vain, because professional traders can get better day by day because they have the knowledge, if they don't have the knowledge it will be difficult for them to correct mistakes that have been made.
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