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Author Topic: Basic trading strategy for newbie to make a profit  (Read 611 times)
sherenikaw
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November 23, 2021, 10:27:59 PM
 #41

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

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November 24, 2021, 02:50:43 AM
 #42

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.
There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

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November 24, 2021, 04:04:26 AM
 #43

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.
There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

Most new people cant control their emotions from gaining lots of profit that's why they're made some mistake when too greedy for profits. It's better to have emotions control and clear mind to make the next decision though still many experience people lose in trading cause the panic when they missed the train. If you have some friends to teach u it's more better than learning from the internet but any knowledge about trading is important. 

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November 24, 2021, 04:16:12 AM
 #44

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

In most cases, joining telegram groups and receiving signals is what newbies will do. I used to do this when I was able to find an experienced and well-regarded trader who was willing to provide signals. You will win some trades, but you will also lose some, because there is no guarantee that you will win even if you have a good signal. I am not saying that it is ineffective, but I believe that it is preferable to do it yourself because, if the trader stops giving signals, you will have nothing to fall back on. Additionally, I believe that it is preferable to conduct your own analysis and compare it to the signal that the trader provided.
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November 24, 2021, 06:05:16 AM
 #45

You can start learning from YouTube, Medium, BitcoinTalk amd Twitter.

Start basics of Trading From YouTube their are lots of channels in YouTube that help you to How to trade in cryptomarket CryptoCred, CoinBureau and Tradesocialogy etc

In Twitter you can follow big name in the cryptomarket like BitconTrapper, Cryptowhale, BloodgodBTC,EmperiorBTC. CryptoNewton, and many more...

BloodGodbtc and Emperior has medium where they publish all their article and crypto related stuff


Learn and analyze their trades, and started trading with minimum account of money for practice
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November 24, 2021, 06:21:39 AM
 #46

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

In most cases, joining telegram groups and receiving signals is what newbies will do. I used to do this when I was able to find an experienced and well-regarded trader who was willing to provide signals. You will win some trades, but you will also lose some, because there is no guarantee that you will win even if you have a good signal. I am not saying that it is ineffective, but I believe that it is preferable to do it yourself because, if the trader stops giving signals, you will have nothing to fall back on. Additionally, I believe that it is preferable to conduct your own analysis and compare it to the signal that the trader provided.
It is going to take some time before the OP can grasp the whole idea of trading, for now there is no way he can compare his own signals with other trading channel signals, while relying on paid signals wouldn't allow or give room to personally learning how to trade.
The best bet is for the OP to muster courage and start learning how to trade though it's not an easy task but with perseverance, determination and researching while putting effort the OP will eventually make a headway if he doesn't relent in his efforts toward becoming a successful trader.

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November 24, 2021, 06:59:09 AM
 #47


daily is difficult mate wherein its like a gamble especially if you don't have enough knowledge in trading ..
It is not difficult it just depends on the strategy that you have learnt. With trading daily you can make daily income as op is asking for what to get running on, daily trading will be better for him because he may not have the patient for swing trade

Dear All... I will try to search on youtube also for reference.


That will be a nice step for you. Avoid pay group if you are not sure of it but trying with practice account or demo account will be nice to build your confidence and emotion too.


Yes Sir...
Thank you for remaining me. I just try to practice in demo before I'm really know how to read the technical and fundamental on Market. This is really not easy...

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November 24, 2021, 07:07:28 AM
 #48

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.
There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

Most new people cant control their emotions from gaining lots of profit that's why they're made some mistake when too greedy for profits. It's better to have emotions control and clear mind to make the next decision though still many experience people lose in trading cause the panic when they missed the train. If you have some friends to teach u it's more better than learning from the internet but any knowledge about trading is important. 
When they become greedy because of expecting bigger profit in trading, they better prepare to miss many times good chances to sell their coins and take profit because they will not use the moment to get profit instead still waiting for more.
We do not know what will happen to the market and it is better to use any moment that we see to our benefit to achieve our goals.
Whether you join the telegram channel or follow other people's signals, as long as you can use that for yourself, I am sure you will profit from that.
I am agree that experience will help us gain more knowledge and skills to improve ourselves to be better than before.

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November 24, 2021, 07:26:02 AM
 #49

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.
There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

Most new people cant control their emotions from gaining lots of profit that's why they're made some mistake when too greedy for profits. It's better to have emotions control and clear mind to make the next decision though still many experience people lose in trading cause the panic when they missed the train. If you have some friends to teach u it's more better than learning from the internet but any knowledge about trading is important. 
Indeed, in trading requires knowledge as well as skills and I think those are the two capitals that we must have before starting to trade,
greed in profiting is not good and can attack ourselves,
those who are still newbies must also learn in terms of making decisions

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November 24, 2021, 09:32:06 AM
 #50

Newbies should never rely to any signal groups as they tend to make more advantage on us rather than we are the one who will take advantage on them. It's always better to learn from your own research and deep analysis to understand more about trading, all its basics and its fundamentals. And there's a lot of useful resources we can find in the internet, just like watching demo videos in youtube and its alike. It's just a matter of managing your time and knowing your priorities if you really want to learn in crypto trading and build strategies on how to make profits.
Those signal groups make the most profit from those newbies unfortunately. Since they are newbies, they have no idea how things work and that is why they end up with getting a lot more invested into signal groups.

What is a signal group at its core? Some guy arranged some indicators to notify people when it goes under or over an indicator. I could make one today in 10 seconds, "notify the group when Bollinger band is under 20 and tell them to buy", add in 100 coins there and you are done. Would it work? Not really, not everything that is under bb20 would mean it would be great to buy, not to trade at least, but since you could wait a long time then you could say it recovered and you profited after few months. It is just humiliating.

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November 24, 2021, 09:48:13 AM
 #51

Yudha2015, I think you are confusing trading with "money button". I think not a single person, teacher or course can guarantee that you will get a daily profit from trading. The are basics like "buy low sell high". Besides this, no one invented anything new. You just need to follow cryptocurrency news and now know how to read them correctly to make decision when to sell or buy. That is it. I dont know what can someone teach when the price goes down and how to make profit from it. Despite knowing that the price would go even lower and you can sell, rebuy, resell and etc.

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November 24, 2021, 01:05:59 PM
 #52

Quote
Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily.
Since you are a newbie,it will be better to start with short term investment which is good for any newbies to start earning profit daily or weekly in the community. Try to buy coins when the price is low in the market which is the easiest way professional traders use to earn income daily from their trading. Don't be in horry whenever you are trading your coins as a newbie because market price can change within a seconds or a minutes for anyone trader to achieve daily profits.

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November 24, 2021, 02:08:07 PM
 #53

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
Do you have the patience to learn? It's not easy any where not even in trading. You will agree with me a lot of people got something tangible from airdrops and bounty many made it big through bounty and airdrops and many are also making it big in trading but you should first developed the patience to learn.

try this out
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November 24, 2021, 04:30:56 PM
 #54

You can start learning from YouTube, Medium, BitcoinTalk amd Twitter.

Start basics of Trading From YouTube their are lots of channels in YouTube that help you to How to trade in cryptomarket CryptoCred, CoinBureau and Tradesocialogy etc

In Twitter you can follow big name in the cryptomarket like BitconTrapper, Cryptowhale, BloodgodBTC,EmperiorBTC. CryptoNewton, and many more...

BloodGodbtc and Emperior has medium where they publish all their article and crypto related stuff


Learn and analyze their trades, and started trading with minimum account of money for practice

Following big names is good but it is still no guarantee for profit or successful trades and just like you also agreed and suggested learning and analysing trades, this is the best advise for any new trader because you want to learn but not to copy trade from big names because after all you want learn the ropes of the trading. . So staying with practice is the only guarantee and hope for success.
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November 24, 2021, 04:37:52 PM
 #55

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Firstly, if you are making this post I am assuming you know nothing about technical indicators because if you would then you won't be asking for a strategy.
So the first thing you should do is learn the basics of technical analysis and reading charts.
The simplest strategy would be to buy low and sell high. The thing you would have to focus on is the entry and exit point.
Once you learn technical analysis practice trading with very small amounts and look for the right entry and exit points.
Once you get started you will know where you are making mistakes. You should learn from your mistakes and try not to repeat them.
Over time you will gain good experience and will start making profits in it as well.

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November 25, 2021, 06:52:45 AM
 #56

I don't think you need to leave both, airdrops and bounties are the main sources to start trading without using personal capital. You can also trade, if for beginners who want to learn trading, you can directly search on YouTube, there are many channels that discuss good trading methods. For me, you keep working on airdrops and bounties and you make trades too.
No.. I will not leave bounty and airdrop. But it will be good if I learn for trading also. Because I want the payment from airdrop and bounty can be use as investment.

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Yudha2015 (OP)
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November 25, 2021, 06:56:01 AM
 #57

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Firstly, if you are making this post I am assuming you know nothing about technical indicators because if you would then you won't be asking for a strategy.
So the first thing you should do is learn the basics of technical analysis and reading charts.
The simplest strategy would be to buy low and sell high. The thing you would have to focus on is the entry and exit point.
Once you learn technical analysis practice trading with very small amounts and look for the right entry and exit points.
Once you get started you will know where you are making mistakes. You should learn from your mistakes and try not to repeat them.
Over time you will gain good experience and will start making profits in it as well.

Yes.. That is why I'm asking here. I just do bounty and airdrop. I want to learn. How to start... What is the strategy, si that I will not just follow into the fomo. I have to learn much about trading.  Anyway thank you for your advice 😊

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Yudha2015 (OP)
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November 25, 2021, 07:00:19 AM
 #58

Quote
Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily.
Since you are a newbie,it will be better to start with short term investment which is good for any newbies to start earning profit daily or weekly in the community. Try to buy coins when the price is low in the market which is the easiest way professional traders use to earn income daily from their trading. Don't be in horry whenever you are trading your coins as a newbie because market price can change within a seconds or a minutes for anyone trader to achieve daily profits.

It’s risky to do day trading and will cost alot of fees if they only have minimal money. It may works on coins that are increasing in price due to hype, but may not suitable in the long run as the market volatility changes every now and then. Still buying top coins will be recommended for safer trading and also buying early in projects that been backed by some companies is a target too.

The problem is... I don't know how to decice which one is good coin. Do you any reference channel?

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Mkmanik
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November 26, 2021, 04:36:44 PM
 #59

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

So you want to make a profit daily doing trade. It's called day trading, It's not good for a newbie like you. First of all, you need to spend a lot of time learning Technical analysis, Fundamental analysis, and risk management. I am providing here some youtube/blog/PDF links, those will help you a lot to learn the trade.

Entry Triggers - Technical Analysis Series: https://www.youtube.com/watch?v=f_Fju2Hb7zs&list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm&index=17
Risk Management - Technical Analysis Series: https://www.youtube.com/watch?v=ofwtsc20hOY&list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm&index=2
Still, I am learning from this youtube channel, This man is a great asset to the crypto community.




I have found Emperor a few months ago on Twitter. This man also doing a very good job for the crypto community. He is regularly posting a lot of educational tutorials for traders and all of them are free. Here is a telegram group link where he posts all of his tutorials: https://t.me/EmperorbtcTA

Try to read:
Index of Trading Tutorials (2021)

BITCOIN TRADING MANUAL: https://bit.ly/39iKQ2U

Before you start:

A thread for beginners https://bit.ly/3czFrFO

How to build a trading system https://bit.ly/39fZQib

Principles of Survival https://bit.ly/3Am3Zgg

Trading Routine https://bit.ly/3EuxOOf

How I made money with Crypto https://bit.ly/39kuwP8

Introduction to TA:

TA Basics https://bit.ly/30I0iSB

Bitcoin Trading Master Class Part 1 https://bit.ly/2OFcJvi -

Bitcoin Trading Master Class Part 2 - Candlesticks https://bit.ly/30TKefT

Price Market Psychology https://bit.ly/2QAcQWp


Threads and Charts:

Altcoin Entries (How to Find them) https://bit.ly/3tO07SU

Altcoin Breakout https://bit.ly/2DacbrN

Avoid Breakout Trading https://bit.ly/3krQbLX

Bearish Divergence https://bit.ly/33WCmgH

Bearish Divergence Cheat Sheet https://bit.ly/39jrE5i

Bullish Divergence https://bit.ly/3fGhpsl

Bullish Divergence Cheat Sheet https://bit.ly/3nKvcpn

Being Profitable https://bit.ly/3eOb5Ch

Demand Supply Trade setup https://bit.ly/2XG7Bs

EMA strategy https://bit.ly/3eQqmCv

EMA, Supply, Swings, Position Addition https://bit.ly/30KCNIW

Head and shoulders https://bit.ly/30IvAsN

Heat Maps https://bit.ly/2Za8A7H

How to Avoid Fake Break-outs and

Traps https://bit.ly/3klkio3

How Pump and Dump Works https://bit.ly/3ks5fa9

How to Trade a Range https://bit.ly/3kjGPBv

Multiple Confirmation Short https://bit.ly/39xaUaV

Open Interest https://bit.ly/3cLUyMN

Position addition on swings https://bit.ly/33FXV4V

Price Action Range Break Out https://bit.ly/3khL8xo

Principles of Price Action https://bit.ly/3u4o4pj

Price Volume Confirmation https://bit.ly/3EvqqSM

Quick look at Indicator confirmations https://bit.ly/2PB9VfE

Retracement VS Reversal https://bit.ly/3tQKdqQ

Risk Management 1 https://bit.ly/2WjqQqk

Risk Management 2 https://bit.ly/2Knjj7k


Scalping Tips https://bit.ly/2Xvvmqg

Support and Resistance https://bit.ly/3ipzvAx

Trading Methods https://bit.ly/3f23CQr

Trend Reversal Short Set up https://bit.ly/3hKuW68

Volume Part 1 https://bit.ly/31ANltb

Volume Cheat Sheet https://bit.ly/3kiIk2W

Volume Exit https://bit.ly/3And2O9


PDFs:

Bitcoin Price Report (Sept 2021) https://bit.ly/2XuDGGJ

Capital Preservation https://bit.ly/3hLmunc

Stop Loss https://bit.ly/3kl6OIO

Price Action: Price Psychology and Market Formation https://bit.ly/3kluY6f

MISC

TRADINGVIEW INDICATOR: https://bit.ly/3EveP61

How to use the Altcoin Trading Indicator: https://bit.ly/3klb0bw

Pre-requisites to trading- https://bit.ly/3a9tCEX

Recommended Books: https://bit.ly/3kuou2W

My Best 10 trading Lessons- https://bit.ly/31AQcT4

Scalp Short Sample- https://bit.ly/33FeH46

Long Swing Sample- https://bit.ly/31DqgGo

Day Trading Strategy - https://bit.ly/3mlUbg

Fibs- https://twitter.com/CryptoMellany/status/1382645388939821058

Finestream
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November 26, 2021, 04:57:05 PM
 #60

You can start learning from YouTube, Medium, BitcoinTalk amd Twitter.

Start basics of Trading From YouTube their are lots of channels in YouTube that help you to How to trade in cryptomarket CryptoCred, CoinBureau and Tradesocialogy etc

In Twitter you can follow big name in the cryptomarket like BitconTrapper, Cryptowhale, BloodgodBTC,EmperiorBTC. CryptoNewton, and many more...

BloodGodbtc and Emperior has medium where they publish all their article and crypto related stuff


Learn and analyze their trades, and started trading with minimum account of money for practice

Following big names is good but it is still no guarantee for profit or successful trades and just like you also agreed and suggested learning and analysing trades, this is the best advise for any new trader because you want to learn but not to copy trade from big names because after all you want learn the ropes of the trading. . So staying with practice is the only guarantee and hope for success.
Just start with the basic like most of the newbies do. Do your own research so you will be more knowledgeable in trading and to make it more easy for you, you can watch videos from youtube all about trading and those are all free. Maybe you need to exert more effort in learning trading and once you are ready to apply all what you have learned, then take your first experience. After all, you won't be a successful trader if you never learn from all your mistakes and that's why experience is a must.

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