Follow a trading process.

[sarmrakib]

The trading process is simple, you just have to follow the direction of the market,
if it's bearish then you have to buy it when the price really dips,
[...]

I think it isn't that simple when the price really dips there is no guarantee that the price would grow up in the next weeks, months or even years particularly if trade in shitcoins. It's too risky if you only follow that theory in your trading journey, I have experienced it in the past.

Yes its not so easy like he saying .Market is always a tough place a trend easily can reverse then what you will do you can just make a huge amount of losses .There are many things related with this field a strategy how you can get profit with ratio .You also need to follow of the news as well and many more .So trend not only give us profit .

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[Shasha80]

Your advice in the OP only applies to newbies, because senior traders must have followed the trading process. Actually,
following the trading process requires patience, because the success of everyone in trading takes quite a long time.
For that newbie, when trading don't expect instant results, because no success in trading is generated in a short time.
Everything needs a process, so just follow the process. Then success will be obtained.

[Yamifoud]

You'll be going nowhere if you don't stick to the process, that is what I see and a reason why a few traders failed.
Having a new idea or trading strategies are just a trial and error, it can be working or possibly not. It is not a bad idea to have those things but if we are comfortable enough with the usual and common strategies we use, I think this is not necessary.

No way to think that trading is an easy job, can be soon but we need first to struggle and face the consequences of failure before we succeed.

[ardentvolcanoes]

Your advice in the OP only applies to newbies, because senior traders must have followed the trading process. Actually,
following the trading process requires patience, because the success of everyone in trading takes quite a long time.
For that newbie, when trading don't expect instant results, because no success in trading is generated in a short time.
Everything needs a process, so just follow the process. Then success will be obtained.

Those experienced traders already knew about it, they are still here simply because they overcome the process, they wait and continuously

deal with ideas that allows them to benefits in the long run, it's not just and easy access then afterwards they just succeed and enjoy all

the profits that they are getting now, they follow and simply understand how things works to favor their investment.

[Sterbens]

The issue with some of these inexperience traders is that they think they have master trading after  1 or 2 profitable trades.  Like you said trading is a process and it takes time to perfect this process, another thing that people even experience traders even fail to look into is the emotional and the psychological side of trading , if you are not a discipline person it would be hard to be a very successful trader

I think that what beginners do is quite human, in the beginning they are always overshadowed by huge profits. regardless of the process to be faced.

I agree that when they experience a one or two gain, it stimulates their emotions so that they don't feel any difficulties. but it will not be fully profitable.
and when they are faced with a dump price, they will panic and lose control of their emotions. consequently they made the decision to sell at a low price.

[Subbir]

Online trading requires tons of discipline and may be risky if combined with inexperienced decision so as to form the work trip of the stock exchange less risky an individual must have tons of thematic knowledge and tips Follow a trading process better to follow a trading process before trading.

[BTCappu]

Yes, the trading process is more important than the results you achieve in trading, no doubt. But while learning the process make sure that you don't lose all the capital and by time you have learned the process and developed the ability to earn from trading you must not lose all the capital. We know the market is surprisingly volatile and I have seen traders having enormous amounts of loss, in fact by time they learn how to use stop loss and understand the different kind of charts and strategies they are already out if capital.

Also while learning the process you should always either write down your mistakes or at least analyze your mistakes such that you do not repeat them and in poor circumstances you should know how you could have reacted well in future. Like if you panicked during a bear run and sold the coins you must react better next time when price drops.

[Dorodha]

Follow a trading process results in the expansion and development of data and helps to urge various information about the market. Profits become easier to realize and so as to achieve success as a trader knowledge of the way to pick stocks and use successful trading techniques increases. but properly use trading technic so success but trading now sometime is hard for analysis.

[cytpoway121]

The issue with some of these inexperience traders is that they think they have master trading after  1 or 2 profitable trades.  Like you said trading is a process and it takes time to perfect this process, another thing that people even experience traders even fail to look into is the emotional and the psychological side of trading , if you are not a discipline person it would be hard to be a very successful trader

I believe this is it; over confidence is an issue with immediate and beginner traders in the space today. Instead of working out a trading strategies that works for a long while; newbie traders take joy in little profits and get carried away. When you have a working process; a simple loss will not deter your confidence while trading.

Always do you; in the most proper way.

[Oceat]

Well, if you are dedicated to learn and struggle at the same time then it will come to you no matter what. That is the results of paving your path to the success, some try it may take some months or years to master it but as long as you don't give up easily then you deserve the fruit of your hard work. Of course, process is on the way to complete your mastery of what you expect what would happen to you in the future.

[hahay]

The long or short process depends on the coin and what kind of project you invest in, because in the crypto market the accuracy and at least always updating the information will give you a conclusion as to whether to take a long or short process. Not all choices in your portfolio will be good for the long term and vice versa, so the most important thing is to be careful and wise in making every decision, because the process itself has many factors that must be considered.

[hridoyb]

In crypto currency, i suppose that there are two P's, Profit and process.

Oone core words i have for newbies  and enthusiasts in the space today is that they should follow the process. Result might not come early or sooner as you expect it to do, but it will yield in profits; if you stick to your process rather than chasing profits.

NB: This is a wake up call to all traders to develop a trading skill or perhaps strategy; and ensure to stick to the process until perfection, and you can watch the profits follow.

We know that practice makes perfect so first try Learning anything than practice more you will be successful more. .i recommended  some topic that can be help for trading.
1.What is trading?
2.how to set a profit goal?
3. Control emotional
4.Be positive
5.Never be a panic
6.Choice the best  project
7. Keep eyes and focus on bitcoin price analysis .
8.Sell high and Buy  low..
Bitcoin and other coin price depends  on crypto news so never be disappointed  and last trust on god.

[dunfida]

Well, if you are dedicated to learn and struggle at the same time then it will come to you no matter what. That is the results of paving your path to the success, some try it may take some months or years to master it but as long as you don't give up easily then you deserve the fruit of your hard work. Of course, process is on the way to complete your mastery of what you expect what would happen to you in the future.

This just really a matter of patience and passion or dedication to learn because if you dont have these then you would just easily quit and ran away if you do experience losses.
In dealing with this market then its just normal to have those losses the thing here is that you do able to learn with those mistakes and mold yourself to be a better trader later on.
Move forward and learn on what you must learn along the way.This wont really be just talking about several days or couple of weeks but this will take years.
The learning process is infinite because even veteran traders do still keep learning as they do let theirselves involved in the market.

[AakZaki]

Learning how to trade is indeed a long process and there’s no shortcut for this one because if you do, then expect your money to lose.

In trading, skills and strategies matters so if you don’t have this one I suggest not to trade big and just start with a small capital while you are still learning the market. The process might too long for you and quiet hard but just keep going because its all worth it.

However, some beginners do not really understand the basics of trading they are doing, so they will only waste their money. learning trading from the basics is very important to build trading knowledge. Strategy is needed for the trading process. But another thing that is very important is the mentality of trading. mental state will have an effect on any decisions made when trading.

[metenjean]

I have been usually when trading have loss but for spot still have chance for holding and get the moment with coin back again to higher price, I think most important process in trading is how to patient when getting coin price down and not panic for selling coin during have lower price, give chance for your altcoin time for back to higher price again because many time I faced with the moment all my assets back to higher price, just with potential altcoin holding like ethereum, ripple, stellar and BNB, but if you hold shit coin maybe less chance to get back your profit and look coin will be delist.

[kolbalish]

Follow a trading process is a requirement to survive and long-term business success. planning is the most important thing that you have to do for any step of your life. The achievement will come slowly but permanently and smartly by following the trading process.

[CryptopreneurBrainboss]

In crypto currency, i suppose that there are two P's, Profit and process.

We also have patience and yes it does have its role to play in trading, sometimes a little more patience does make the difference between profiting or closing a trade that hasn't gone as planned. Profit should be the last P, first should be the Process while Patience comes next. The issue with most new traders are s the lack patience in the aspect of giving the market time. The just want to start profiting from the very moment they join the trading profession.

There's more to trading than just buying and selling although that's the core aspect. Every trader needs to earn the experience and that can only be gotten from continue practice which might result to lost at some point. There's a process and any traders that don't follow then ends his journey in the industry as quick as they started.

[pawanjain]

You are saying something that most of the traders know already. Many traders so have their strategy already planned.
But there are just other things that take up their profits. As we know, profits depends on a lot of factors.
So while following the process we also have to look at the other factors to evaluate the profits.
Especially in the crypto market, luck plays a huge role as most of the times the market goes against us.
I have myself faced losses at times despite following the process. So it's better to stick to strategy and act according to the market rather than being determined with the process.

[blckhawk]

In crypto currency, i suppose that there are two P's, Profit and process.

Oone core words i have for newbies  and enthusiasts in the space today is that they should follow the process. Result might not come early or sooner as you expect it to do, but it will yield in profits; if you stick to your process rather than chasing profits.

NB: This is a wake up call to all traders to develop a trading skill or perhaps strategy; and ensure to stick to the process until perfection, and you can watch the profits follow.

Well, process indeed is the first thing you need to work on because the outcome will always depend on the quality of your process, of course, good process yields to a better outcome and vise versa. This does not only work on trading but also in every aspect of life. Unfortunately, admit it that several of us become greedy, once we saw the amount of profit we could get, we disregard the process. Patience could also matter in this trading industry, I don't know if it will be classified on process but all I can say is that Patience is everything in trading.

[pankowri]

In crypto currency, i suppose that there are two P's, Profit and process.

Oone core words i have for newbies  and enthusiasts in the space today is that they should follow the process. Result might not come early or sooner as you expect it to do, but it will yield in profits; if you stick to your process rather than chasing profits.

NB: This is a wake up call to all traders to develop a trading skill or perhaps strategy; and ensure to stick to the process until perfection, and you can watch the profits follow.

Your point is good enough for the newbies who joined newly in trading. They need to follow and develop a strategy for themselves. But it is not efficient for the experienced traders who already relatively connected with trading. I believe that all the experienced traders already have their own strategy and policy to follow.