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Author Topic: 5 Tips for Trading from Beginner, For Beginners.  (Read 617 times)
Ziskinberg
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August 30, 2021, 01:56:26 PM
 #81

One thing i must add is that traders should also care about risk management because it is also important in trading. As i had just saw many trader they didn't know much about risk management in trading and lost their most of the money without aware themselves. I think this point should be taken note of.
Risk management comes with your control so I think it should be connected to no emotions listed by op. But it is so important to know how you take risks because if it's not for the risk, you really are going to have trouble risking your assets because you don't know how to manage them.
Those traders that don't know much about risk management, it's either they really don't know it and they keep on trading or they're just a newbie that has started to trade so they're on any of those.
Were not supposed to be in trading if we are too emotional about the market because those who come emotional and those also who quite often lose.

Anyways, I consider newbies are the victim of this, not just only they are too emotional but also of limited knowledge. And those listed tips that OP had, that something could help them but of course, that it need more patient and hard work. This went impossible if we just take this so easy instead of getting serious in dealing with the market sentiment.

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August 31, 2021, 09:21:13 PM
 #82

5 Tips for Trading from a Beginner, For Beginners.

1. Check market sentiment
2. Set loss/profit (really important)
3. No emotions, only believe in your analysis.
4. Do not click any button yourself, a trade should over with a stop loss or take profit.
5. Never 100% on one trade, 20% amount with x3.

This is what I learnt in my 30 days of trading and so far, I am doing really good.
If any of you have some tips for me aswell, go ahead.  Wink

Those stated above were actually good to help the beginners from a beginners preference since the market compared to the market before seems to be hardly unpredictable as years passes by. That is why it is in need for a trader to gather necessary information that can help him choose a good coin that is worthy for investment and for trading purposes to ensure that you will be attaining the expected outcome you want which is earning a profit and to lessen the possibility of encountering loss in your trades.

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August 31, 2021, 09:40:33 PM
 #83

5 Tips for Trading from a Beginner, For Beginners.

1. Check market sentiment
2. Set loss/profit (really important)
3. No emotions, only believe in your analysis.
4. Do not click any button yourself, a trade should over with a stop loss or take profit.
5. Never 100% on one trade, 20% amount with x3.

This is what I learnt in my 30 days of trading and so far, I am doing really good.
If any of you have some tips for me aswell, go ahead.  Wink

Those stated above were actually good to help the beginners from a beginners preference since the market compared to the market before seems to be hardly unpredictable as years passes by. That is why it is in need for a trader to gather necessary information that can help him choose a good coin that is worthy for investment and for trading purposes to ensure that you will be attaining the expected outcome you want which is earning a profit and to lessen the possibility of encountering loss in your trades.
Well, that is actually good but I think that is a lack of information and there are various tricks and tips in trading that should must newbies learn.
In trading, there are too many things to consider before you will start, and the things that we must know first and it is prerequisite before engaging in trading. For example, a trading plan --is very important so that you will not mislead another and if you are a newbie in trading, you must gain too much experience so that you will know and learn from your mistake and possibly don't let it that it will happen again. The [DYOR] is very important in trading.









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September 02, 2021, 06:03:20 AM
 #84

Experience comes with time and practice, whereas a newbie can improve other aspects of trading like his knowledge, willingness to stay consistent, dedication, learning from his mistakes, researching and analysing the market conditions.
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