zahed
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September 22, 2021, 05:20:46 PM |
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Professional trader will never follow both of bot trading and copy trading because it's a artificial, And based on these way you never sustain long time in trading field. Own trading strategy will help to survive and to make profit either today/tomorrow.
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South Park
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September 23, 2021, 09:37:13 PM |
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There are many things you can do to become a full fledged trader. You have to have profit. And the biggest thing is that you need to have enough knowledge about trading. Must have knowledge to do market analysis.If you cannot do market analysis and if you do not understand the market signals then you cannot be successful in trading. So of course if you want to do trading It is important to have all these things.
As you say there are many things that a trader is going to need if they really want to become successful, however I will say that the very first thing newbies need is to reduce the expectations they have out of this market, when I see the forum I see a bunch of newbies that want to get rich quick, and I get it, after all who would not like the possibility of getting rich in a few weeks? But that is the exception rather than the rule, they need to reduce their profit goals, because by doing so then they can reduce the risks they take, and for newbies this is critical as that is the point in your trading career when you have the highest chances of making silly mistakes and you do not want to lose all your capital because of just one mistake.
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livingfree
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September 23, 2021, 09:42:30 PM |
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Professional trader will never follow both of bot trading and copy trading because it's a artificial,
There are traders that use bot because it's helpful to them but for copy trading, this is just another feature but it is unlikely effective for most. And based on these way you never sustain long time in trading field. Own trading strategy will help to survive and to make profit either today/tomorrow.
True with copy trading because if the person you copy is dwelling in losses, then you have no choice but to dwell on it too as you copy.
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nur rochid
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September 24, 2021, 02:57:15 AM |
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Own trading strategies are quite profitable in trading because many people like traders , didn't want to take risks because of their money issues and having problems at all. And I want to say one more thing that trading can be beneficial only following and enjoying own trading strategies with the powerful thinking.
they tend to believe in themselves when trading, so that whatever happens, be it profit or loss, they can enjoy it. from several sources they get, will be poured into a graph so that it becomes a work area, and after that they will wait for opportunities to enter the market, and the final result no one knows, they will use their experience to respond to the market
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MaDeidre
Newbie
Offline
Activity: 34
Merit: 0
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September 24, 2021, 07:31:35 AM |
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Don't trust others blindly. Don't blindly follow the order. Maintain good patience. Trading is an adventure game.
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tuertezii
Jr. Member
Offline
Activity: 58
Merit: 11
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September 24, 2021, 08:49:31 AM |
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I think I need to understand the macro economy and the flexibility of the news side. In many cases, I find that it is affected by the news side when it rises or falls. The influence of the news side is very common in Bitcoin transactions.
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Zanab247
Full Member
Online
Activity: 1330
Merit: 194
Catalog Websites
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September 24, 2021, 03:44:23 PM |
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I think i need the strategy not to depend on signal provider before trading in the market. Signal provider has made many investors to miss their reward from their investment. It can change negatively base on the wrong network that occurred at the moment that make many customers that believe on the signal provider to lose profits. When you are trading with strategy and experience, it help to go a long way in profits making in the market. Trade when the demand are surplus in the market, it will enable you to make so much profit from your trade in the market. It will help you to know the right time to buy coins and hold for future Profit making. Through the strategy you can identify wrong signal in your trade and how to avoid to enable you to achieve your goals.
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South Park
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September 28, 2021, 07:31:13 PM |
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I am not into copy trading, there is no good for doing things copied by others, you have to make your own way, if they can dot that thing then for sure you can do it as well, just take your time learning things about trading so the next time you trade, you won't need any more others. Bot trading is also good if the one who programs it is good as well, or you are the one who programed it, bot trading is good because it can do trading 24/7 which a normal person cant do.
Copy trading is becoming more popular but the concept is flawed, think about it those that have a winning strategy and that they know they can make profits on their own will never accept for this information to be leaked, after all they probably spent a huge amount of time trying to find that strategy and they will not allow this to be leaked so easily, so we need to ask the question who is letting himself to be copied in this way? And the only answer I can find are the manipulators of the market which want to pump and dump some coins.
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Mamun74
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September 29, 2021, 05:10:48 PM |
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When you start trading then you need to be control yourself ans control your emotion.I Think, you also need to keep patience. You need to know about trading skill and good experience. For me,I Don't do copy trading and bot trading. i think own trading strategies quite more profit in trading business.
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Woodie
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September 29, 2021, 05:29:50 PM |
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Which ever route you choose to go with the risk will always remain with you as the trader and can never be transferred to someone else for providing the wrong signal and we at the end of the day we want to put the blame on others No that's not trading.
Before choosing to use other people's signals or copy trading or or trading own our terms let's first get to learn risk management first , so that should there be any draw down,our account can take this market move and if market turns we can move stop loss to breakeven to trade risk free and enjoy the profits.
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checkmatesir
Full Member
Offline
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
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September 29, 2021, 06:30:12 PM |
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The factors like risk management, emotional trading, consuming more time etc. These all factors are related to trading and controlling them will give a trader much profit, as compared to being controlled by them. Some of the top trader take control of these factors by making their trading strategies better and helpful for themselves.
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romero121
Legendary
Offline
Activity: 3234
Merit: 1214
casinosblockchain.io
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September 29, 2021, 06:32:05 PM |
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Right now the market is good for traders. This means there is regular price fluctuation in large margin. This can't be expected to happen every time. Even the person who hasn't got much of knowledge about trading will make good fortune out of the market. For this reason at present users who has the affordability/capital will make use of the market.
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Fatunad
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September 29, 2021, 06:52:12 PM |
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Right now the market is good for traders. This means there is regular price fluctuation in large margin. This can't be expected to happen every time. Even the person who hasn't got much of knowledge about trading will make good fortune out of the market. For this reason at present users who has the affordability/capital will make use of the market.
There's no such thing about perfect time in trading because market is really way too unpredictable on which anytime could really be a good chance for you to get in thats why it isnt really that precise that you do wait up for a certain period or chance because you wouldnt know on what comes next on the line.When you do trade then prepare yourself into things which you arent really expecting. Be versatile on adjusting up your own analysis whenever certain conditions might come.
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Anguwa
Member
Offline
Activity: 742
Merit: 30
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September 29, 2021, 07:01:01 PM |
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When I am to trade, I don't really need someone to provide me with trading signal or copy other people way of trading. All I need is an in dept knowledge on trading and cryptocurrency in general, then I look for perfect time to make a research on a particular token I wanted trading, study it to the depth and start trading if your mindset tell you its the right time. Following signal provider is always at high risk because if there is too much trust, one can even borrow to trade thinking of getting high profit but will end up losing the entire money.
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chuckweitzman
Newbie
Offline
Activity: 25
Merit: 1
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September 30, 2021, 11:56:50 AM |
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I think everyone has their own preferences in trading and whether a signal provider would be beneficial for them or not depends on their trading style and knowledge. I think that trading indicators are also useful since crypto currencies are highly volatile.
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Pamadar
Legendary
Offline
Activity: 2982
Merit: 1028
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September 30, 2021, 01:42:28 PM |
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Which ever route you choose to go with the risk will always remain with you as the trader and can never be transferred to someone else for providing the wrong signal and we at the end of the day we want to put the blame on others No that's not trading.
It should never be that way, we are held responsible in any action that we take while dealing with trading. Never to put blame to anyone, you should learn how to accept mistake and learn on it to much better future trade you'll going to deal with. Before choosing to use other people's signals or copy trading or or trading own our terms let's first get to learn risk management first , so that should there be any draw down,our account can take this market move and if market turns we can move stop loss to breakeven to trade risk free and enjoy the profits.
Correct, make sure first that you set everything and you are willing to lose the amount that you are going to use for copying someone, there's no assurance that the call will make you succeed, risk is always behind you so consider your trade as unpredictble outcome.
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ReiMomo
Sr. Member
Offline
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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September 30, 2021, 06:31:00 PM |
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I think everyone has their own preferences in trading and whether a signal provider would be beneficial for them or not depends on their trading style and knowledge. I think that trading indicators are also useful since crypto currencies are highly volatile.
Trading indications are yes really needed, besides this, one must be updated on news and updates of the coin he/she has invested, so that one will know when the coin will spike up or fall down in the market. Choosing the right and the best coin to invest is really must. Need to choose the best exchange where the trading volume of the coin you wish to invest is really high. Besides all these, never ever panic or fall into market manipulation which will lead you to loose. Be patient enough always
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Furious 7
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September 30, 2021, 07:50:18 PM |
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I think everyone has their own preferences in trading and whether a signal provider would be beneficial for them or not depends on their trading style and knowledge. I think that trading indicators are also useful since crypto currencies are highly volatile.
Trading indications are yes really needed, besides this, one must be updated on news and updates of the coin he/she has invested, so that one will know when the coin will spike up or fall down in the market. Choosing the right and the best coin to invest is really must. Need to choose the best exchange where the trading volume of the coin you wish to invest is really high. Besides all these, never ever panic or fall into market manipulation which will lead you to loose. Be patient enough always I think for those who choose coins and markets are a must where traders can choose comfortably, perhaps the Binance exchange that is still becoming popular to trade there. And many other trusted exchanges. On the other hand, indicators and chart analysis are very important things to determine where the coin will go, usually traders always use this method and also other references as additional options and some even formulate it more than this, so the technique in trading is very broad and we have to be able to combine them.
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Masplanc
Member
Offline
Activity: 798
Merit: 34
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October 02, 2021, 07:03:59 AM |
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What I really need. How I wish I can always predict the market when to buy or sell cryptocurrency 😄 this is really what I need in my trading.
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suryana
Sr. Member
Offline
Activity: 1218
Merit: 254
Trphy.io
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October 02, 2021, 12:50:42 PM |
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Copy trading in my opinion is less effective. I prefer my own trading style. It will be much more able to develop my trading style slowly and I can correct what is wrong and right. Although I still need information from other parties to analyze the coin and this is only a comparison, the rest is my own decision.
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