Things to know before trading.

[pmcryptogur]

One other thing also required that is Investor psychology-

Active monitoring of a portfolio is important for navigating the changing tides of financial markets. Still, it is also essential for individual investors to manage the behavioral impulses of emotional buying and selling that can come from following the market's ups and downs. Indeed, investors seem to have a knack for piling into investments at market tops and selling at the bottoms because it is not uncommon to get entangled in media hype or fear, buying investments at peaks and selling during the valleys of the cycle.

How can investors navigate volatile markets while also keeping an even keel and keeping a portfolio diversified for the best overall returns through all types of market environments? The key is to understand the motivations behind emotional investing and to avoid both euphoric and depressive investment traps that can lead to poor decision-making.

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[arbifahrozy]

If you're a smart trader  then you can generate a lot of profit, but you already should know some things about trading . For instance, you should know about trends because the market follows trends constantly, and read the market regularly.

[SteveHankse]

The fourth point will automatically make you a good trader. Trading is difficult because it requires experience and practise over a period of time, and not many traders are capable of that. One of the best ways to progress in trading is to maintain a trading journal. Once you backtest your trades, you understand the fallacies in your trading. Improving them can be helpful in strategizing your future trades.

[judaspriest]

If you're a smart trader  then you can generate a lot of profit, but you already should know some things about trading . For instance, you should know about trends because the market follows trends constantly, and read the market regularly.

Trading is not as easy as we think because it is full of risk,
trading requires knowledge and skills and as you said being a trader we need to keep up with market developments all the time,
because otherwise we can lose the moment to make a profit

[Finestream]

If you're a smart trader  then you can generate a lot of profit, but you already should know some things about trading . For instance, you should know about trends because the market follows trends constantly, and read the market regularly.

Trading is not as easy as we think because it is full of risk,
trading requires knowledge and skills and as you said being a trader we need to keep up with market developments all the time,
because otherwise we can lose the moment to make a profit

Since trading has definitely its risks, then a trader itself should also learn how to manage the risk. And part of it is accepting losses because even if we are skilled enough, it cannot be deny that we are still losing in some of our trading. And once we are in huge losses, then our emotions and fears will also develop. And during that time, it’s best not to trade because once you’re having strong emotions, your trading will never end up being successful. Just trade when you are ready to separate your emotions because that is always the proper thing to do while trading.

[Kasabus]

The fourth point will automatically make you a good trader. Trading is difficult because it requires experience and practise over a period of time, and not many traders are capable of that. One of the best ways to progress in trading is to maintain a trading journal. Once you backtest your trades, you understand the fallacies in your trading. Improving them can be helpful in strategizing your future trades.

I think it’s always important to learn from all your mistakes because that will prevent you from committing the same mistakes again and eventually help you grow to be a profitable trader. And yes, having a trading journal can be very helpful once your a trader. And with continuous knowledge and experience, you will become skilled in trading industry.

However, I believe trading also is not for everyone no matter how you tried learning it and gain experiences. So once you’re into trading, you should also learn to know your limits if you think you are not profitable anymore.

[andriarto]

If you're a smart trader  then you can generate a lot of profit, but you already should know some things about trading . For instance, you should know about trends because the market follows trends constantly, and read the market regularly.

Trading is not as easy as we think because it is full of risk,
trading requires knowledge and skills and as you said being a trader we need to keep up with market developments all the time,
because otherwise we can lose the moment to make a profit

Since trading has definitely its risks, then a trader itself should also learn how to manage the risk. And part of it is accepting losses because even if we are skilled enough, it cannot be deny that we are still losing in some of our trading. And once we are in huge losses, then our emotions and fears will also develop. And during that time, it’s best not to trade because once you’re having strong emotions, your trading will never end up being successful. Just trade when you are ready to separate your emotions because that is always the proper thing to do while trading.

Every trader must have experienced losses and I think that is a common thing because after all profits and losses are part of trading,
in addition to managing risk we also need to manage or control emotions,
what is clear in trading is not something easy to do

loss and profit are part of trading, but the most important thing is the final result that shows a profit greater than loss in each month. For that, trading experience is very necessary, and it can be started with us doing trading practices and over time understanding the market patterns that are formed. Emotions are the most difficult part of trading to learn, but they can be controlled with constant practice

[Sihab76]

There are a number of things you must know about cryptocurrency trading. If you are new to cryptocurrency, you need to have experience as a trader on various exchanges before trading. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.

[zaesvlas]

As mentioned above, it is important that the trader is ready to learn. Sometimes you have to learn a lot when trading.

[BITCOIN4X]

loss and profit are part of trading, but the most important thing is the final result that shows a profit greater than loss in each month.

It would be great if one could take regular profit every month in trading because I think this is very hard to do.

There are valuable lessons in today's trading if you pay close attention. If you can take advantage of the moment of price correction to buy then I believe you can profit when the price rebounce. Every time the price corrects, we can only see the fact that the price will recover after some time regardless of how fast or slow the selection process is. I think this is an opportunity if you want to profit from trading regularly. This trading strategy still will not guarantee 100% profit due to many factors that influence it. So do your own analysis and DYOR.

[Smartvirus]

One thing that I consider very important for any trader to understand is the fact that, the market is smarter than you and the market is always right. Little wonder why you can't trade against the market and succeed. Some traders come to the market and hope that, you can come and trade against the trend with hopes of some supernatural change of trend along the line but trends don't just change. Like, they've got to be events to necessitate this change of trend, events that your most likely not to get when it happens or starts playing out. So, some days, it's not going to work and your not going to make some profit but then, accept the fact that, the market is your better. You can only try.

[Fatunad]

loss and profit are part of trading, but the most important thing is the final result that shows a profit greater than loss in each month.

It would be great if one could take regular profit every month in trading because I think this is very hard to do.

There are valuable lessons in today's trading if you pay close attention. If you can take advantage of the moment of price correction to buy then I believe you can profit when the price rebounce. Every time the price corrects, we can only see the fact that the price will recover after some time regardless of how fast or slow the selection process is. I think this is an opportunity if you want to profit from trading regularly. This trading strategy still will not guarantee 100% profit due to many factors that influence it. So do your own analysis and DYOR.

Reaching out into this certain state is something that cant be achieve on a short span of time which means that this would take some time and lots of effort that you would
need to be done and of course you would really be getting that experience which would really be the things needed for you to at least on sustaining this market.
You cant just  hop and expect that you could make out easy profits into this market.Always on having that realistic approach if you do like to
survive on this market and dont expect that much.

[BITCOIN4X]

~Snip

When you start investing your money in a place then you should also invest time to learn something from it. This is important because not only will you gain or lose from your trade or investment, but you will also gain experience from it. We are in a risky investment (price volatility and the way you secure your assets), so minimize the risk of both and take advantage of it.

It's not about how we become an expert trader or investor, but experience will only teach us to maximize the opportunities that exist.

[Patigi]

You need a very good understanding and good search before you fall or invest your money any business, in fact trading is not just what you think and start like that, you a lot of informations and understand of chart and the types of coins to trade, when to trade it, because their are some coins when their is hype and you trade them you will just in be lost. And you need a lot of information before you decide to trade a coins. When I start trading I think I will study only charts and trade it. Their are some coins even you study without information with some Telegram experience trader in end in nothing