trading more efficiently

[jrrsparkles]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

[justdimin]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

I would say that if you could even have like different monitors for it, that would be better. That way you could get like 3 monitors that are very cheap, and that would be for your trading computer, and if you are dealing with like playing a computer game then you will be dealing with something else. That's quite good and I agree that not many people consider that as an option but I do agree with them on the point that it would be something for professional traders.

Like for me, just one PC and one Monitor is enough because I do not trade that much and I am fine with the current situation, anything more than this doesn't sound like something I would need at all.

[tippytoes]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

I would say that if you could even have like different monitors for it, that would be better. That way you could get like 3 monitors that are very cheap, and that would be for your trading computer, and if you are dealing with like playing a computer game then you will be dealing with something else. That's quite good and I agree that not many people consider that as an option but I do agree with them on the point that it would be something for professional traders.

Like for me, just one PC and one Monitor is enough because I do not trade that much and I am fine with the current situation, anything more than this doesn't sound like something I would need at all.

I do agree that you don't need expensive monitors just to cater your trading activities. As long as the monitor is serving its purpose, go for it. In time, if you are already doing good with your trading, you can very well upgrade your gadgets if you want to. But for the meantime, better use what is available to you. What you need to focus on is how to acquire those trading tips and tricks so you can do better with your trading. It will be more important on how to generate good profits rather than focus on the equipment.

[crzy]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

This can confuse you a lot if you are just starting to trade, I suggest to focus first in the price movement and learn every indicators so you can know what action to take especially in buying and selling. If you do have problems reading the trend, don’t trade that much because usually learning to trade takes time and mistakes are more possible if you rush yourself in trading, if you want to be more effective do learn more first.

[harizen]

Hi I would like to know what do you use to trade cryptocurrencies as efficiently as possible (applications, software etc) or some tips...before I was using a platform where there was no trailing stop loss...and for me the trailing stop loss is saving me a lot of time and money...is there any other type of advanced orders that are you using?

And how do you organize your setup, monitors...right now I am using a not very big monitor...and finally is there any way to change the background of the screen in the exchanges when trading?

Getting input from others is good but to tell you honestly, just continue what you are doing right now until such time that you can automatically think of a way how to deal with your concern. Are you new to trading? If yes, then it's really common to have difficulties while in the process of learning.

As you mentioned, you found using stop-loss saves time and money because that was your own experience. Just continue doing it right now and believe me, you will now soon to advanced by yourself using other methods that will suit your needs.

For your last statement about display concern, you are the one who can only find a solution to that based on your comfortability regardless if you are using big or small monitors. For your last question, what do you mean by changing the background of the screen in the exchanges when trading? Commonly, the interface can be set as light or dark.

[dunfida]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

This can confuse you a lot if you are just starting to trade, I suggest to focus first in the price movement and learn every indicators so you can know what action to take especially in buying and selling. If you do have problems reading the trend, don’t trade that much because usually learning to trade takes time and mistakes are more possible if you rush yourself in trading, if you want to be more effective do learn more first.

Dont make yourself jump into intermediate to advanced things when you are just complete noob or zero knowledge because it would really just stir up and make things even more harder to understand.

Stick on learning with the basics and trying out to familiarize when it comes to terms and other related things and the rest would be gain through real experience or actual engagement.

This would involved lots of trial and error and this isnt something that you could just learn in a short span of time.Have patience and dont expect too much on ending up positive things.

[bhooscream]

I am not a day trader so I am using a simple analysis on of the chart and indicator. Considering to buy and sell the coins in the short term will also need consideration from TA and also FA. right now, the market is very volatile, they can rise up very soon but also vice versa, able to dropp dratsically only in some hours. So far, trading cryto for me needs a certain way to be wise and can control ourselves in trading. Being more patient is needed. Additionally, we are also better to set a stop loss in order to decrease the loss. We can use the money to trade coins that we exactly know the progress in the market recently. So, we can analyze the up and down price at least/

[AnonBitCoiner]

The strategies which you are using and give you better results then its a good idea to trade with the beneficial tool and to be more successful you should make certain trading plan and follow that so you will quickly achieve your plan. Remember one thing that trading is just a business you will face success as well as some times may be failure but do not upset its just a business.

[Natalim]

The strategies which you are using and give you better results then its a good idea to trade with the beneficial tool and to be more successful you should make certain trading plan and follow that so you will quickly achieve your plan. Remember one thing that trading is just a business you will face success as well as some times may be failure but do not upset its just a business.

No other tool that brings us success in trading is to focus on what we are doing. Loss is a part of our trading journey but we never think it was a bad sign, yet I consider this as a tool for us to improve. It serves as a warning that there is something without strategies and style, and therefore, we have to correct this and make trading more efficient.
Without understanding how trading works in real life makes us really upset.

[jossiel]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

I saw those traders that are connecting their TV monitors, well, the smart TVs that they have as connected to their PCs for better chart viewing.

If it's really necessary for one to become better, you'll invest into those monitors. But if you're the normal trader and you are starting your trading career, go with the little you have.

And from there, you'll eventually see what you need and what you lack of.

[sayaya17]

I am not a day trader so I am using a simple analysis on of the chart and indicator. Considering to buy and sell the coins in the short term will also need consideration from TA and also FA. right now, the market is very volatile, they can rise up very soon but also vice versa, able to dropp dratsically only in some hours. So far, trading cryto for me needs a certain way to be wise and can control ourselves in trading. Being more patient is needed. Additionally, we are also better to set a stop loss in order to decrease the loss. We can use the money to trade coins that we exactly know the progress in the market recently. So, we can analyze the up and down price at least/

To be able to trade efficiently, we really have to prepare everything well. It's not enough to analyze the market and choose the right projects.
But we also have to be able to manage finances well and also control emotions well too. This means that there are many factors that we must
pay attention, to be able to trade effectively and generate good profits. That's why never stop learning, so that our knowledge continues to grow
and also don't be afraid to experience failure when trading. Because without failure it is impossible for us to become successful traders,
all successful traders start from experiencing many previous failures. So in order to be able to trade efficiently it does take a long time,
because we need to go through various processes to understand how to trade efficiently.

[ethereumhunter]

The strategies which you are using and give you better results then its a good idea to trade with the beneficial tool and to be more successful you should make certain trading plan and follow that so you will quickly achieve your plan. Remember one thing that trading is just a business you will face success as well as some times may be failure but do not upset its just a business.

If you can learn from those failures and don't give up completely before you achieve what you want, you will see that your trading skills will improve and you will be able to profit. The key is to be patient, not give up, and keep learning to be more successful than ever. But remember that to achieve success takes a long time and that it takes patience to get there. Failure is a delayed success and it is only a matter of time for you to achieve that success and it all depends on how you strive to make it happen.

[lepbagong]

The strategies which you are using and give you better results then its a good idea to trade with the beneficial tool and to be more successful you should make certain trading plan and follow that so you will quickly achieve your plan. Remember one thing that trading is just a business you will face success as well as some times may be failure but do not upset its just a business.

If you can learn from those failures and don't give up completely before you achieve what you want, you will see that your trading skills will improve and you will be able to profit. The key is to be patient, not give up, and keep learning to be more successful than ever. But remember that to achieve success takes a long time and that it takes patience to get there. Failure is a delayed success and it is only a matter of time for you to achieve that success and it all depends on how you strive to make it happen.

agree with all of you guys, that the key to trading success is not to give up and keep trying to get the best. especially after experiencing a failure where precisely the failure will be a trigger not to repeat the same mistake.

It must be remembered, it will not always result in luck, it is certain that one day we will also experience losses, but if we are aware of it, we will not be afraid to move on. will always keep pushing to be even better in the future, by continuing to make improvements in every trade that has been made.

[Oshosondy]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

I have a TV for monitoring trading candle sticks too, I connected it with HDMI for bigger screen look. While on phone, I use android, I go for double screen on Android at times, though almost all apps support it, but I found apps like PHX browser not support it on the Android 11 that I am using, but it works fine with other apps. Also on Android, I use lightning multi-window, it makes the work better and I prefer it than using double screen, I use it to monitor when busy on phone, but it makes the app small but the candle sticks and price are still very visible with accurate readings.

[topman21]

Hi I would like to know what do you use to trade cryptocurrencies as efficiently as possible (applications, software etc) or some tips...before I was using a platform where there was no trailing stop loss...and for me the trailing stop loss is saving me a lot of time and money...is there any other type of advanced orders that are you using?

And how do you organize your setup, monitors...right now I am using a not very big monitor...and finally is there any way to change the background of the screen in the exchanges when trading?

Right now I use bybit and when I want to see the chart and enter operations the background is black, I think for me it would be better white background...is there any way to change that? and the box to enter the orders is very small...is there any way to make that box bigger...in fact I do not look at the bybit chart...I look directly at the tradingview....

Since you are responsible for the small monitor to increase trading efficiency, you must first consider how you will view the trading. But basically if you have a big monitor you will be able to understand the candles better in that case it will be convenient for you to trade. As you select the monitor of your choice, remember that trading skills are more important than the monitor itself.

[palle11]

Since you are responsible for the small monitor to increase trading efficiency, you must first consider how you will view the trading. But basically if you have a big monitor you will be able to understand the candles better in that case it will be convenient for you to trade. As you select the monitor of your choice, remember that trading skills are more important than the monitor itself.

This was my thinking earlier while starting up but with time I got to realize that smartphones do all kind of trade and more conveniently. Android phones give you more comfortable trade as you can trade from anywhere you are making trading mobile to the real intent of what it is. Although a beginner may need desktop or computer because they will be scared not to make mistake with there money but will outgrown it with time. You can use the computer for setting up the trade but monitoring of trade with phones. An experienced trader doesn't really need monitor to trade but just a smart phone, download the platform and you are good to trade.

[Eternad]

Hi I would like to know what do you use to trade cryptocurrencies as efficiently as possible (applications, software etc) or some tips...before I was using a platform where there was no trailing stop loss...and for me the trailing stop loss is saving me a lot of time and money...is there any other type of advanced orders that are you using?

And how do you organize your setup, monitors...right now I am using a not very big monitor...and finally is there any way to change the background of the screen in the exchanges when trading?

Right now I use bybit and when I want to see the chart and enter operations the background is black, I think for me it would be better white background...is there any way to change that? and the box to enter the orders is very small...is there any way to make that box bigger...in fact I do not look at the bybit chart...I look directly at the tradingview....

Since you are responsible for the small monitor to increase trading efficiency, you must first consider how you will view the trading. But basically if you have a big monitor you will be able to understand the candles better in that case it will be convenient for you to trade. As you select the monitor of your choice, remember that trading skills are more important than the monitor itself.

Trading has an option to customized screen, background and others that OP is asking. The monitor size is least of concern here because it will just enlarge text and candle size you can analyze accurately when you are viewing on zoom out to catch the real trend. I can do TA using my tablet or even my cellphone. I just use the smaller timeframe on charts to see the equivalent zoom in on the chart.

But having a huge monitor is an advantage because you can open multiple windows per indicator on a single screen view.

[justdimin]

The strategies which you are using and give you better results then its a good idea to trade with the beneficial tool and to be more successful you should make certain trading plan and follow that so you will quickly achieve your plan. Remember one thing that trading is just a business you will face success as well as some times may be failure but do not upset its just a business.

No other tool that brings us success in trading is to focus on what we are doing. Loss is a part of our trading journey but we never think it was a bad sign, yet I consider this as a tool for us to improve. It serves as a warning that there is something without strategies and style, and therefore, we have to correct this and make trading more efficient.
Without understanding how trading works in real life makes us really upset.

Losing is not a bad thing if you know why you lost, but it could be a very scary thing if you have no idea why you lost as well. I know plenty of people who got scared and sold their coins for a loss, and that is not really a good thing because it results with them not really knowing what they are doing.

But, I believe that the best thing to do would be learning to trade better and that way it would be something much more magical, it would allow you to make a bit more profit, but even in a case of loss, you are going to end up with a good profit and that's how you should approach things, not the other way around, losing and learning is a great tool.

[LUCKMCFLY]

Hi I would like to know what do you use to trade cryptocurrencies as efficiently as possible (applications, software etc) or some tips...before I was using a platform where there was no trailing stop loss...and for me the trailing stop loss is saving me a lot of time and money...is there any other type of advanced orders that are you using?

And how do you organize your setup, monitors...right now I am using a not very big monitor...and finally is there any way to change the background of the screen in the exchanges when trading?

Right now I use bybit and when I want to see the chart and enter operations the background is black, I think for me it would be better white background...is there any way to change that? and the box to enter the orders is very small...is there any way to make that box bigger...in fact I do not look at the bybit chart...I look directly at the tradingview....

Since you are responsible for the small monitor to increase trading efficiency, you must first consider how you will view the trading. But basically if you have a big monitor you will be able to understand the candles better in that case it will be convenient for you to trade. As you select the monitor of your choice, remember that trading skills are more important than the monitor itself.

This is really a matter of taste, I have a friend who trades with 3 monitors, but on each monitor he has all three trades in view and he can track all of them in real time and see how they fluctuate, but obviously this is a matter of taste, In my case I don't do something like that, for me it is enough to put the 3 trades using only 1 monitor and be able to track it just by checking the stop loss, in the case of Binance I do it that way since it is the most reliable exchange For me, however, if the trader decides to do futures, I think it is something more delicate and he would have to have all the possible attention without detaching himself from any monitor.

[hashrateproducts]

If you're concerned about looking at the chart everytime then you can go for dual monitor setup, no need to buy expensive monitor you can even use a cheap 18 inch monitor or use your TV as monitor with VGA or HDMI port so you will have no difficulties.

Trading efficiently is some how difficult for Newbies but not for experts. They already know the basics of trading and the risks involved to trade. Trading carefully is good but we all know that trading involved gains and losses, it's a general facts in trading which a trader cannot forget it.  The matter concerning trading with monitors, trader need the necessary things used for trading, a smaller monitor will do but a bigger one would be more than enough for a trader as he it she study's the candle sticks and the downtrend, uptrend of charts.