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Author Topic: What I think every trader should do to stay in the green  (Read 1581 times)
Kupid002
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December 22, 2020, 07:57:32 PM
 #41

strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green

You may lost some amount but it will not wipeout your balance if you are only trading spot. Just ignore the fomo of other traders of the coins they are promoting. That's also one of the big reason why many new comer lost their money because they easily listen to other traders suggestions which is also do not have enough knowledge in trading and just want to earn from it's investment thats why they want many traders buy it.

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CryptocurencyKing
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December 22, 2020, 08:49:33 PM
 #42

staying in the green is a very nice dream. I call it a dream because its very much not possible to have a market that is always buying even in a bull run like we have it as at now, there is always going to be some retracement that would make the reds come out. That's if we are to view things from that perspective but, should we be looking at it from the side of making profit, its also a dream but this time, a dream that can be made into reality and as such very possible and doable.

trading these days has taken a different course and people shouldn't just jump into trading as it is a place where your most liable gain or loose. with this in mind, complete adherence to the observe traits as stated in OP or a development of a self mastered strategy is required as what works for or trader B has been able to build a comfort zone around is most likely not to work for you.

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Lorokan
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December 22, 2020, 09:50:47 PM
 #43

As a trader, you have no reason to worry about staying in the green. You invested or trade so that you can take profits in the green market (likewise called bull market or pump). Why then would you worry about staying in green? to monitor the pumps or buy more greens ? This is not right atleast to me
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December 22, 2020, 10:24:11 PM
 #44

One of the major reasons that usually cause loses for newbies in trading is the eagerness to earn while they neglect and forget the knowledge and experience needed to achieve it. Making a strategy and modifying it perfection is also a Good way to become a good trader.
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December 22, 2020, 10:52:23 PM
 #45

A trader should not worry about staying in "green", the market is wide and there are uncertainties; instead a trader should take profits in green and also re ascertain their investment claim. You should not worry about how long the bull run will last; you worry about how soon you take your profit and wait for price correction.
Another problem is that losing some trades does not necessarily mean that you are a bad trader or that you made a mistake, every single trader losses money and gets in the red from time to time, that is natural, if you review your strategy and what you did during those trades and you find out that you did everything as you were supposed to do then you should not get upset about the losses, you are just in a bad streak and sooner or later things will go back to normal as long as you have a strong money management strategy.
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December 23, 2020, 05:46:02 AM
 #46

I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.
Literally it is possible to stay in green as a trader in long run if they are good at managing funds and making decision with their trades.But red and green are common scenario of trade after trade so we have to just let it go and take the future trade as more serious and keen about not making the same mistakes which made earlier.
With one goes the other. Most important part is to be more in green then in red. It sounds easy but be sure it isn't.
Making money is not easy as well, so its worth the effort because we are going to make money when we are in green for the long term so take the analysis as serious thing than your regular day job but don't give up one for the another.Having multiple source of income is also plays a role to get succeed as investor.

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gabbie2010
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December 23, 2020, 06:34:52 AM
 #47

strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green
In addition to having a working strategy (no perfect one) however such a strategy should have a good risk to reward ratio at least 1:2 with this set up a trader will be profitable in a long run despite incurring some losses, the trader must also stick to that strategy to perfect it thoroughly to ensure consistent profit taking however it can dangerous to constantly change strategy in the course trading with a live account, there are numerous strategies on youtube, google e.t.c to choose from and work on them possibly by subjecting them to stimulation or demo trade before going live.

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December 23, 2020, 08:05:49 AM
 #48

I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.
Literally it is possible to stay in green as a trader in long run if they are good at managing funds and making decision with their trades.But red and green are common scenario of trade after trade so we have to just let it go and take the future trade as more serious and keen about not making the same mistakes which made earlier.
With one goes the other. Most important part is to be more in green then in red. It sounds easy but be sure it isn't.
Making money is not easy as well, so its worth the effort because we are going to make money when we are in green for the long term so take the analysis as serious thing than your regular day job but don't give up one for the another.Having multiple source of income is also plays a role to get succeed as investor.

At this moment, I am sure we can make money because the market now is green again after it was red candle yesterday. Searching for the other income source will be good for us because we will have a chance to make more money. So do not give up if you are not making money this time, but you need to believe still that you will have your chance to make money in the future.

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December 23, 2020, 02:55:25 PM
 #49

For someone saying that long term is very good, well it might be good Cool but hundred percent good? Hmmm Nah nah. Even with a long term you still have to be sure of what you’re doing , some coins can increased today and when they fall and you happen to caught up in the fall, it can take more than year or two before you will regain back from the fall.

I usually see some people who like throw the word around that long term is very reliable, don’t fall for it, you have to do it at the right time before it will be profitable for you. You have to know when you should buy. It’s just like so many people were being told to buy early this year and they never agreed, they didn’t realize that the market was its lowest and even if it takes long, once things are back to normal it will start recovering from there.

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Findingnemo
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December 24, 2020, 05:07:59 PM
 #50

At this moment, I am sure we can make money because the market now is green again after it was red candle yesterday. Searching for the other income source will be good for us because we will have a chance to make more money. So do not give up if you are not making money this time, but you need to believe still that you will have your chance to make money in the future.
IMO, a trader should be trading all the time irrespective of the market condition that will make him as skillful trader then successful as well in long run.If you are going to be a trader you must have some other source of income which gives constant cash flow which will help you to make trading more intensively.

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December 28, 2020, 10:26:22 PM
 #51

strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green
In addition to having a working strategy (no perfect one) however such a strategy should have a good risk to reward ratio at least 1:2 with this set up a trader will be profitable in a long run despite incurring some losses, the trader must also stick to that strategy to perfect it thoroughly to ensure consistent profit taking however it can dangerous to constantly change strategy in the course trading with a live account, there are numerous strategies on youtube, google e.t.c to choose from and work on them possibly by subjecting them to stimulation or demo trade before going live.
It is my opinion this is what people struggle the most, even if they find a strategy they know it is going to be profitable for them over the long term as soon as they lose some trades they begin to look for fault on their strategy and stop follow it which is a huge mistake, unless you have previously tested a new strategy that you have found is less risky and more profitable you should never go against what your strategy tells you because that is without a doubt a fast way to lose your money.
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December 28, 2020, 10:32:17 PM
 #52

No strategies work long term, sticking to one will never help. Planned trading however can change your perspective of looking towards trading as a gambling material, and will make you realize that if you would plan your trades before executing them, you can understand the risk:reward system and act accordingly. Many traders lose because they run after money, while they forget that trading requires patience and traders who want quick returns and get rich overnight need to reassess their trading.
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December 28, 2020, 10:43:54 PM
 #53

Quote
"You need a strategy"

Often one given "strategy" works very well at ...lets say.... 15 time-frame, but if you run that same very "strategy" at 5M .. nah .. after historical backrest .. ask yourself the following question: why not?   Huh
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December 28, 2020, 11:27:26 PM
 #54

At this moment, I am sure we can make money because the market now is green again after it was red candle yesterday. Searching for the other income source will be good for us because we will have a chance to make more money. So do not give up if you are not making money this time, but you need to believe still that you will have your chance to make money in the future.
IMO, a trader should be trading all the time irrespective of the market condition that will make him as skillful trader then successful as well in long run.If you are going to be a trader you must have some other source of income which gives constant cash flow which will help you to make trading more intensively.

There's a lot of ways to prevent you from using the funds in trading, it can be from passive income of a physical business. It could be a good alternative in order to earn while holding a good coins while in green market. You don't know what will happen in the future when sudden spikes will occur then you'll able to take profits once your holdings reached a good price.
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December 28, 2020, 11:32:50 PM
 #55

There’s no way to stay green because the market is too volatile, well not unless you’re a great trader and have some proof for that then I don’t have any question for that. Trader should focus to hit their target profit even if they lose some money because that is normal and its part of the game, so don’t be afraid to lose money.

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December 29, 2020, 11:40:09 AM
 #56

Staying green while practicing trading is possible. To be successful out of it, user needs to have the patience and should not go for short term trading. Just buy an asset when the price is low, and open a buy order for a bigger price than the bought value. This at times might take time to get executed.

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December 29, 2020, 12:12:03 PM
 #57

All traders definitely want to stay in the green, but the fact is we can't always stay in the green. The movement of the crypto market is
very volatile, so for sure we will one day experience staying in the red. Even professional traders are not perfect and can't always stay in
the green, therefore we need emotional control and risk management. I agree with you the key to successful trading is having a good strategy,
if we trade without a strategy will only make we lose money.

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December 29, 2020, 12:29:03 PM
 #58

For me as a trader; i have on tactics in the green market; and that is to evaluate the value of the pump and take profits. Because as a trader i wonder why you would not take profits during a bull season. This is just my opinion though. Profit matters always.
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December 29, 2020, 02:01:28 PM
 #59

For me as a trader; i have on tactics in the green market; and that is to evaluate the value of the pump and take profits. Because as a trader i wonder why you would not take profits during a bull season. This is just my opinion though. Profit matters always.
Simply it works if you have a plan which is very unlikely to happen in a trader that doesn't any. I'll buy when the market is in red and then hold, then sell it when the market turns into green and when I saw profit.

Well, all of us have the different market understanding and so the strategies. I also make a trade base of what I understand the market development and I stop relying on others coz of some reason that this will sometimes make you fall. Thus, If I fail, have nothing to blame as well.
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December 29, 2020, 02:02:11 PM
 #60

Staying green while practicing trading is possible. To be successful out of it, user needs to have the patience and should not go for short term trading. Just buy an asset when the price is low, and open a buy order for a bigger price than the bought value. This at times might take time to get executed.
Well yeah, long-term trade is one of the strategies to make your trades always green because it would be simple to determine when to buy and sell your assets. However, wouldn't it be challenging? I mean short-term could be risky but bear in mind that the riskier the thing is the more profit you will have. Besides, making a TA would likely reduce your risk exposure, this will be your guide for you to be able to have a good outcome. Always make a research about the coins you trade, analyze the trend and you'll be fine.
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