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Author Topic: What do you really need in your trading?  (Read 1481 times)
DarkDays
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November 20, 2020, 08:24:06 PM
 #161

The most important factor you need to have in trading is skills.

If you got these you can withstand anything, as you should be able to assimilate the information quickly and efficiently. In fact, I would argue that you don't even need to have money to start trading if you got the right mindset and skills as you can always borrow or trade on leverage and make a healthy profit  Wink
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November 20, 2020, 10:03:17 PM
 #162

Some people are telling about the telegram signal group by which you will get a trading signal for being profit. Behind the scenes, almost one year ago I have followed a channel that was popular at that time and I joined their paid group by paying in BTC. But I didn't make any profit from that group rather I have lost my money by following their signal. So I don't need such things and stop suggesting those groups. I think your own strategy can make you successful if you have enough time and proper knowledge.

Tell us in more detail how long you used the signals, how often you opened trades, how many trades you had on average during the month, whether you used stop losses and stop profits correctly.
I participate in one of these groups, but in general I have managed to earn something so far.
Even if it been long since he's using the signals, what I read is that cryptocurrency trading signals cant be trust because they are always a group used for the dump of their sock puppet coin so they can sell at a high price while their signal follower will make lost.
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November 20, 2020, 10:16:27 PM
 #163

The most important factor you need to have in trading is skills.

If you got these you can withstand anything, as you should be able to assimilate the information quickly and efficiently. In fact, I would argue that you don't even need to have money to start trading if you got the right mindset and skills as you can always borrow or trade on leverage and make a healthy profit  Wink
Even with borrowed and leverage trading you need to have your Capital backup. We don't know what will be the outcome end of the day. Everything made is out of prediction, skills play a big role and the same can't get us success everytime in the cryptospace. If the market fluctuates in the higher margin what will happen with the user getting into leverage trading.

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November 20, 2020, 10:29:05 PM
 #164

You have a strategy, and I think that's what you mean as you trade.
True, my strategies could not also work in your situation as well. People will come up with their own strategies later on and they could also use other strategies blindly for hope to make it work on their own situation. If he wants to trade like that and good for him if he gets a return from it.

It's better to have that expectation of low income than to have a huge expectation of higher profit.
Yes, overconfidence is not a way.

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November 20, 2020, 11:27:46 PM
 #165

Although, your link to tradinng guides may be helpful to a lot of poeole but
Actually, what is needed in trading are :
Patience and Nof being greedy.
If you know what you are doing. You don't need any help from anybody.
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November 21, 2020, 01:11:24 AM
 #166

Some people are telling about the telegram signal group by which you will get a trading signal for being profit. Behind the scenes, almost one year ago I have followed a channel that was popular at that time and I joined their paid group by paying in BTC. But I didn't make any profit from that group rather I have lost my money by following their signal. So I don't need such things and stop suggesting those groups. I think your own strategy can make you successful if you have enough time and proper knowledge.

Tell us in more detail how long you used the signals, how often you opened trades, how many trades you had on average during the month, whether you used stop losses and stop profits correctly.
I participate in one of these groups, but in general I have managed to earn something so far.
Even if it been long since he's using the signals, what I read is that cryptocurrency trading signals cant be trust because they are always a group used for the dump of their sock puppet coin so they can sell at a high price while their signal follower will make lost.
After losing my money in some trades then I understand they are a group and they are trying to dump a coin token for their own interest actually. Then they buy that and sell high after few days. The strategy is not a new but my experience with them was totally new for me. Without trading skills, it is difficult to catch them as fraud. Still trying to learn trading.

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November 21, 2020, 06:03:58 AM
 #167

You have a strategy, and I think that's what you mean as you trade.
True, my strategies could not also work in your situation as well. People will come up with their own strategies later on and they could also use other strategies blindly for hope to make it work on their own situation. If he wants to trade like that and good for him if he gets a return from it.
Yup.

Your strategy will work perfectly only for you but it may not work for others.

It's better to have that expectation of low income than to have a huge expectation of higher profit.
Yes, overconfidence is not a way.
This will also make you confident that you can reach that small threshold. A little by little upgrade seems to be good.



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November 21, 2020, 12:04:40 PM
 #168

To be fair, it is all about our comfort that should be taken into priority. And that is for me with a quality crypto exchange, as IF we have that then we will always be able to gain well and consistently. I do just that with help of TimeX, my comfort is very much here, as they are one of the best there is with excellent service along with several other benefits too, so it all combines rather nicely for one to do well.
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November 21, 2020, 12:37:31 PM
 #169

Bitcoin market become high volatility and unpredictable.
every trader use different skills make the market more complexity and increased risk.
trading need more wisdom and consistency.

At this time you may in these ways:

1. Copy trading (High Risk)
2. Bot trading (Not under control)
3. Trading by yourself (Emotional influence, wasted time)

you may got disappointed in this situation,
But if there have an service just notify for some most opportunity point and use reference in your trading that save a lot of time,
reduce your emotional influence in analysis. and never missed every quotes, make you trading relaxed.

https://tradwra.com an signal provider, just made for trader. once subscribed you will got new signal notify instantly.

opportunity signal + your own trading strategy
let's make trading easy!

By the looks of it, you are shilling your own signals which is something that the community cannot really tolerate these days. Never say that your service is the “best in the world”. There are no such guarantees in profits no matter what strategy you have, because no strategy is perfect and everything here in the world of cryptocurrency is automatically high risk. What we need to have these days is proper risk management, both time and financially.

Pla
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November 21, 2020, 03:42:16 PM
 #170

Some people are telling about the telegram signal group by which you will get a trading signal for being profit. Behind the scenes, almost one year ago I have followed a channel that was popular at that time and I joined their paid group by paying in BTC. But I didn't make any profit from that group rather I have lost my money by following their signal. So I don't need such things and stop suggesting those groups. I think your own strategy can make you successful if you have enough time and proper knowledge.

Tell us in more detail how long you used the signals, how often you opened trades, how many trades you had on average during the month, whether you used stop losses and stop profits correctly.
I participate in one of these groups, but in general I have managed to earn something so far.
Even if it been long since he's using the signals, what I read is that cryptocurrency trading signals cant be trust because they are always a group used for the dump of their sock puppet coin so they can sell at a high price while their signal follower will make lost.
After losing my money in some trades then I understand they are a group and they are trying to dump a coin token for their own interest actually. Then they buy that and sell high after few days. The strategy is not a new but my experience with them was totally new for me. Without trading skills, it is difficult to catch them as fraud. Still trying to learn trading.
Thats what they usually do and soon or later they will play the trick on you and others followers which is not part of the group executive. The best thing you can do is to improve your knowledge in trading and follow whales accumulation.
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November 21, 2020, 05:53:03 PM
 #171

Basically, the platform where I will be trading must be safe. Then I want to trade on a trading site that charges a low fee. Another thing is that I don't need a signal provider.

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November 21, 2020, 06:09:59 PM
 #172

Basically, the platform where I will be trading must be safe. Then I want to trade on a trading site that charges a low fee. Another thing is that I don't need a signal provider.


Yeah, as his signal site isn't a good one for subscribing to, preferred to trade by yourself, by your own decision. The technical and mathematical analysis will provide a better explanation of the probability that will happen in the crypto market, and one more thing to observe, namely fundamental or trend analysis.
However, not everyone can do those things, so there is plenty of analysis out there to be observed, following 1-2 top authors is a good choice.
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November 23, 2020, 10:31:46 AM
 #173

The most important factor you need to have in trading is skills.

If you got these you can withstand anything, as you should be able to assimilate the information quickly and efficiently. In fact, I would argue that you don't even need to have money to start trading if you got the right mindset and skills as you can always borrow or trade on leverage and make a healthy profit  Wink
Actually, capital is not a problem because it can easily solve where you can easily borrow to someone or to get a sideline or job for you to save a money for a capital, the real obstacle in trading is the enhancing of our skills because it takes time and a lot of practice. You cannot become a skilled trader by just spending one-night studying charts.  It took time and for me you need to spend more than 6 months just to master the basic and have foundation. Acquiring knowledge is also a problem because not all of the information in the internet is useful wherein there are some information that can harm us and can lead us to have bad performance .
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November 23, 2020, 12:11:34 PM
 #174

snipped...
Actually, capital is not a problem because it can easily solve where you can easily borrow to someone or to get a sideline or job for you to save a money for a capital, the real obstacle in trading is the enhancing of our skills because it takes time and a lot of practice. You cannot become a skilled trader by just spending one-night studying charts.  It took time and for me you need to spend more than 6 months just to master the basic and have foundation. Acquiring knowledge is also a problem because not all of the information in the internet is useful wherein there are some information that can harm us and can lead us to have bad performance .
Indeed, there are no shortcuts when it comes to learning about trading and it needs extra time to make it good and works well. And the reason why many traders had a struggle is that because they even not committed to doing it and willingness to learn from others but rather have their own way and discovery, and wanted to cut it in short. This is an example of impatient individuals and most likely, these kinds of personalities won't be able to stay long but have to quit after suffering losses.



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November 23, 2020, 04:00:46 PM
 #175

Trading only requires capital and knowledge,
without trading knowledge you will not be able to trade in the world of cryptocurrencies,
trading here is very cruel, the volatility is too high, for beginners I am sure you will be hit by Rekt easily.
I will argue that you also need experience, if you have capital and knowledge you are way ahead of the game but if that is all what you need it then many newbies should be able to become successful because they have those two tools, but since they do not have any kind of experience they tend to make mistakes that reduce their capital and reduces their confidence but once they have the experience necessary they will trade the markets just like the best.

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November 23, 2020, 04:23:58 PM
 #176

Personal research make any trader to last long in the area of profit making. Many trader find it difficult to understand the way market work, for them to know when and where to trade in the market to make a good profit from their trade in the market.
Many traders are still holding bitcoin because they are not okay with the price in the market which many traders are satisfied with the point of the price are now, that is helping them make a good profit from their trade. Since bitcoin is still rising in the exchange market show that it is good to supply to market to enable you make a good income.

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November 24, 2020, 12:59:10 PM
 #177

Trader try how to get much profit but always wrong when have to entry buy coin and should sell, they always looks busy when getting coin have raise higher price and brave to buy although this situation is very risk to entry for trading, but always looks panic for selling when getting price was dump and anything do it to sell without waiting few days later for altcoin back to higher price again. Maybe this situation faced many trader right now and they need the way how to control their self with this situation to get much profit.

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November 25, 2020, 09:27:18 AM
 #178

The crypto market will consistently vary, and the cost will consistently change each day. I as of now set myself up for any circumstances that can occur with the market, and I don't anticipate a lot of this moment. In the previous one you can just securely purchase these coins and get up to numerous interests paid out to you. This is pretty much like placing your cash into the bank like fixed stores. Anyway for this situation you get greater liquidity and confided in pay.


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November 25, 2020, 05:23:15 PM
 #179

Trading requires everything, from capital to techniques,
without trading techniques it is like someone who is blind, therefore before trading learning analytical techniques is very important,
we know what the risks of trading in cryptocurrencies are, right? so don't be blind

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November 25, 2020, 06:19:52 PM
 #180

Trading is a risky thing anf you can't do anything quickly until you accept the risk easily. You may lose your money in trading. On the other hand, you will make double or more money by trading. So for making such things, you must have to hold trading knowledge and patience which can help you to go a long way.

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