boty
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February 25, 2024, 07:10:03 AM |
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What you do first to trade is to learn basic techniques and understand, apart from that you have to invest some money in learning to gain your trading experience, you have to be patient with your learning process, read often and do your own research on the coins you want. trade, if you want to become a day trader you have to take advantage of the right moments
Yes, by learning first about trading and understanding well about trading, it is certainly a very important thing to do for those who want to start trading, even those who already have experience are still learning about trading in order to gain profits in trading, we must be able to go through several stage to be able to trade well and we have to be patient in every process we have to go through, entering the market at the right time will be able to get profits from the trades we make so it is very important to be able to understand trading correctly before starting to trade and always Use capital according to your abilities and never do it greedily which results in losses in trading.
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$weetne$$
Sr. Member
Offline
Activity: 392
Merit: 258
Playbet.io - Crypto Casino and Sportsbook
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February 25, 2024, 07:36:16 AM |
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do i need to an expert in trading before someone will be successful.
Theoretically you need to make profits from your trades to convert your small capital into big one but from a realistic point of view it is not possible since crypto is volatile so you can trust the strategies, and signals and make your own price predictions with your technical analytic skills but at the end of the day the future is unpredictable so you never know what happens and all you can do is to focus on building the strategy that most probable to give you profits. Cryptocurrency are volatile but it's because of this that making profits in cryptocurrency is easy and also losing is more easy because when you don't know how the market works, you'll keep making mistakes. To become successful in trading with small capital you need to be consistent with your trading strategy, don't change strategy but continue using the one that's working for you. Don't invest too much money when trading, if you have a capital of $100 don't use more than $10 to trade so you can have more than 10 tries just Incase some trades didn't make you profits. Don't trade unknown cryptocurrency but the top ones that won't be very volatile. The newer coins will be volatile as there isn't enough volume yet in the market and they can be manipulated easily.
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AnonBitCoiner
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February 25, 2024, 07:49:29 AM |
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In trading your success is only possible if you are expert in trading but if you have no experience then you are just gambling nothing else. I think if you have little experience then you can initiate investment but in case of trading your little experience will not work as even expert traders sometimes loss when the situations are not good. If you are trading for just a day in whole week or month then it will not be risky but if you are regularly trading without realizing the fact then it will become difficult for you to earn money and instead of earning you will loss huge sum in short time.
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|MINER|
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February 25, 2024, 10:06:07 AM |
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Trading is very risky. Beginners have the possibility of losing everything because beginners trade without knowing the risks and strategies of trading. Trading requires knowing the right skills and strategies. If you are a newbie then I would say you should learn trading first then invest otherwise you may lose your small capital. And in terms of investing, try to do it in BTC. Even if you do it on alt coin, meme coin, do it knowingly and then. Because they are scams almost all the time.
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kojektea
Sr. Member
Offline
Activity: 2352
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Vave.com - Crypto Casino
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February 26, 2024, 07:52:33 PM |
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yes you need to be an expert and have adequate skills so that you can be successful as a trader, but if we talk about small capital it seems difficult because you have to have experience first and to get it you have to trade with your money, most beginner traders will losses in the early stages
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dunfida
Legendary
Offline
Activity: 3276
Merit: 1159
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February 26, 2024, 08:57:39 PM |
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do i need to an expert in trading before someone will be successful.
Theoretically you need to make profits from your trades to convert your small capital into big one but from a realistic point of view it is not possible since crypto is volatile so you can trust the strategies, and signals and make your own price predictions with your technical analytic skills but at the end of the day the future is unpredictable so you never know what happens and all you can do is to focus on building the strategy that most probable to give you profits. Cryptocurrency are volatile but it's because of this that making profits in cryptocurrency is easy and also losing is more easy because when you don't know how the market works, you'll keep making mistakes. To become successful in trading with small capital you need to be consistent with your trading strategy, don't change strategy but continue using the one that's working for you. Don't invest too much money when trading, if you have a capital of $100 don't use more than $10 to trade so you can have more than 10 tries just Incase some trades didn't make you profits. Don't trade unknown cryptocurrency but the top ones that won't be very volatile. The newer coins will be volatile as there isn't enough volume yet in the market and they can be manipulated easily. Consistency and having that patience on which this two would be a great tandem that you should really be sticking with. Also, the best thing you could really be having is that you shouldn't really be that making yourself that too much in a rush on learning up things. Just take it slow and since you are only having that small amount of capital then try your best to make it longer or make it worth. Incase you do bust up which at least you are really that making those learnings for yourself on which it would really be that helpful or something that could really be benefits you on longer runs. When you do have that small capital then try your very best on making it bigger or having some progressive increase at least on which this do really shows that you are doing pretty well with your trade, but of course this isnt something easy to be able to achieve such thing but its not something impossible though.
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_BlackStar
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Playbet.io - Crypto Casino and Sportsbook
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February 26, 2024, 09:09:46 PM |
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yes you need to be an expert and have adequate skills so that you can be successful as a trader, but if we talk about small capital it seems difficult because you have to have experience first and to get it you have to trade with your money, most beginner traders will losses in the early stages Success in trading means you can profit from your trading activities. It's up to you what your budget is and how much profit you make from it - success is when you close a trade with a profit. A small budget will become a big one when a trader knows how to do it. In trading there are only two things you always need to know, namely support and resistance and of course traders must be able to analyze them well. You don't need to be an expert to profit from the markets - but you just need to know the basics of trading and good analyze skills will differentiate you from the gamblers. This means you don't just hope for luck from price volatility - but you try to find gaps and the best times to enter and exit.
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Maslate
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February 26, 2024, 10:56:54 PM |
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yes you need to be an expert and have adequate skills so that you can be successful as a trader, but if we talk about small capital it seems difficult because you have to have experience first and to get it you have to trade with your money, most beginner traders will losses in the early stages
Expertise and mastery in the market will help you become a profitable trader. But it takes time before you can reach this position. Study the market first and acquire necessary knowledge and develop skills and strategies that will suit your trading style. Do demo trading so you can be familiar how the market works, and when you see yourself ready to take live trading, then start with small capital. Trading for beginners is hard and is more susceptible to losses, but if you persistently trade even with small losses, you will see progress and make a you a proficient trader in the process.
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Assface16678
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★Bitvest.io★ Play Plinko or Invest!
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February 26, 2024, 11:53:16 PM |
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yes you need to be an expert and have adequate skills so that you can be successful as a trader, but if we talk about small capital it seems difficult because you have to have experience first and to get it you have to trade with your money, most beginner traders will losses in the early stages
Expertise and mastery in the market will help you become a profitable trader. But it takes time before you can reach this position. Study the market first and acquire necessary knowledge and develop skills and strategies that will suit your trading style. Do demo trading so you can be familiar how the market works, and when you see yourself ready to take live trading, then start with small capital. Trading for beginners is hard and is more susceptible to losses, but if you persistently trade even with small losses, you will see progress and make a you a proficient trader in the process. To add, even the OP has the guide of the expert in trading I don't think that expert in trading will just do it for free unless that trader is willing to help without payment, and also the OP can't follow the trade what those experts do because they are more high stakes as they have funds for that, maybe the OP could do community trading, where in he should find a community of traders where experts and beginners grouped and they are sharing their trading techniques and sharing some tips and tricks and also some signals for the specific market and the good thing from that those traders will explain why they came up with that analysis, from that the OP will surely learn a lot from that added with socializing with other traders, more traders to know means more connection and it could be beneficial for the OP. The OP still has a long way to go before he can become a fine trader. The OP should invest in time and effort to learn different things in trading.
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KingsDen
Legendary
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Goodnight, o_e_l_e_o 🌹
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February 27, 2024, 09:47:50 AM |
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Re: What can I do to be successful in trading with my small capital
- Learn how to trade first
- Then increase your capital
- Or you keep growing your small capital with patience and persistence
do i need to an expert in trading before someone will be successful.
Yes, you definitely need to be an expert before you will become successful. Even some experts are not successful. Success is measured if your wins exceed your losses over a long period of time. Not all experts are actually successful in trading.
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Zoomic
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March 01, 2024, 08:51:38 PM |
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do i need to an expert in trading before someone will be successful.
Why the rush to start trading immediately when you lack expertise to trade effectively? With your small capital and little or no expertise, there are high chances that you will burn the little capital you have. These things are common to beginner traders, that is why traders are advised to start trading with small amounts first, with time they can increase the amount they trade with. This is just to help reduce the risk of making huge loses. It doesn’t mean you can't trade with small amounts but the risk of losing that small amount is high. Now the question is, what happens if you lose the little amount you intend to trading with, does it mean you will stop trading till you are able to raise another capital? I advise you devote more time to learning. While learning, try raising a good amount to start trading with. You can't be struggling with inadequate knowledge and small capital too, equip yourself first before you start trading.
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goaldigger
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March 01, 2024, 09:06:40 PM |
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do i need to an expert in trading before someone will be successful.
If we’re talking about successful here then it’s not always about being an expert but it is being a responsible trader and a knowledgeable one. We know the risk of this market and trading is not a quick scheme to make money. If you are going to do trading at a small capital, just take things slowly and don’t rush yourself to make big profits, just be realistic until you master your own trading strategy.
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boyptc
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March 01, 2024, 09:53:28 PM |
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How much is that small capital that you have? And if you're insisting that you need an expert, these experts will milk you out.
That's why just ask tips on forums like this for free on what to do. So, first remove that thought of getting an expert. That small capital of yours is likely going to be eaten by the entire market's bigger players at your first try so should you trade, accept that you're going to lose at your first try.
Many good traders are saying that you should have that loss as your enrollment on the market if you want to thrive here.
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Sanitough
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March 01, 2024, 10:31:34 PM |
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do i need to an expert in trading before someone will be successful.
If we’re talking about successful here then it’s not always about being an expert but it is being a responsible trader and a knowledgeable one. We know the risk of this market and trading is not a quick scheme to make money. If you are going to do trading at a small capital, just take things slowly and don’t rush yourself to make big profits, just be realistic until you master your own trading strategy. Successful trading only comes to those who really know exactly what they are doing. Not only being knowledgeable but skillful as well, and most importantly being patient in the market while waiting for the best opportunity to trade. You don’t need to be an expert to be profitable with trading, being good and responsible enough is already fine as long as you know your risk tolerance in trading. Trading is definitely hard for those who can’t manage the risk but for those who have establish skills and proven effective trading strategies, I think successful trading won’t be too hard to achieve especially if you are passionate on what you are doing.
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Rruchi man
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Top-tier crypto casino and sportsbook
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March 01, 2024, 11:35:39 PM |
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How much is that small capital that you have? And if you're insisting that you need an expert, these experts will milk you out.
The expert traders became experts from practice and not miraculously because it did not just happen in a day. Some of these expat traders who are greedy would form up signal groups where they would want to be mentors and offer signals to people like you who are seeking their services for an amount of money. If you want to be successful in dreading you have to ensure not to become dependent on these kind of experts and their signals from the signal groups. To be a successful trader in the future, you need to strive to be independent.
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vokain
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March 01, 2024, 11:36:22 PM |
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is the market bull or bear? bet accordingly use stops :-)
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boyptc
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March 02, 2024, 09:56:10 AM Last edit: March 02, 2024, 10:56:17 AM by boyptc |
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is the market bull or bear? bet accordingly use stops :-)
We're already in the bull run and there's no need to bet on the market itself but on the coins that you want to hold. But it's true to use stops, especially to the traders out there and mostly to the ones that does trade in the futures. Always use a limit and stops so that you're not going to be problematic with your exit plans. Not wholly going to take an exit out of the market but for some specific trades that you're going to do. How much is that small capital that you have? And if you're insisting that you need an expert, these experts will milk you out.
The expert traders became experts from practice and not miraculously because it did not just happen in a day. Some of these expat traders who are greedy would form up signal groups where they would want to be mentors and offer signals to people like you who are seeking their services for an amount of money. If you want to be successful in dreading you have to ensure not to become dependent on these kind of experts and their signals from the signal groups. To be a successful trader in the future, you need to strive to be independent. And the real experts out there are just silent and won't really get to say anything with their strategies. No one that had worked hardly for that strategy will easily share the trade secrets he discovered.
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tvplus006
Legendary
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Merit: 1991
To the Moon
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March 02, 2024, 06:47:08 PM |
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...Trading is definitely hard for those who can’t manage the risk but for those who have establish skills and proven effective trading strategies, I think successful trading won’t be too hard to achieve especially if you are passionate on what you are doing.
Even if you have the skills and proven trading strategies, you will not be able to avoid liquidating your balance if you do not adhere to the risk management strategy. So anyone who decides to start trading should start by learning the risk management strategy.
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stadus
Legendary
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Hhampuz for Campaign management
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March 02, 2024, 07:59:18 PM |
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In trading your success is only possible if you are expert in trading but if you have no experience then you are just gambling nothing else. I think if you have little experience then you can initiate investment but in case of trading your little experience will not work as even expert traders sometimes loss when the situations are not good. If you are trading for just a day in whole week or month then it will not be risky but if you are regularly trading without realizing the fact then it will become difficult for you to earn money and instead of earning you will loss huge sum in short time.
Trading is never easy most particularly for those who have only greed but zero knowledge and skills. This is not like gambling that once you risk a bigger amount, a bigger amount of profits will be possible to win. In trading, regardless of your trading capital, if you don’t have what it takes to be a successful trader, you will never make an edge over the market. I suggest study first the trading market and learn even the basics in trading. Know your risk tolerance when it comes to trading on an uncertain market. And build your knowledge and skills, and put extra miles of efforts when it comes to your experience. Through all of these, you will gradually become a good and reliable trader in the process.
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Huppercase
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March 02, 2024, 08:10:17 PM |
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do i need to an expert in trading before someone will be successful.
There are many ways you can make your capital blow big but the question is, do you even know how to trade? Do you know how to follow the trend, do you know how to use technical and fundamental analysis on trading. If you do and it's the money that you lack, here is what you should do: Margin trading: In this type of trading, with your small capital the exchange will borrow you money to trade any coin of your choice but the leverage is not more than 10x, this means you can get upto 10x of your capital so you can use it for trading but as a new trader into margin, the max they give is usually just 3x just to protect you from liquidation. You need to understand that liquidation is unavoidable if you don't know how to trade properly and make use of risk management. Future trading: This one is like margin but different, you can use any leverage upto 25x to trade where contracts bind two traders of opposite opinion of shots and long. If you believe that a coin will go up, you will long on that position and then the exchange will bind you with another trader that think the coin will go down but don't forget it's very risky because liquidation can make you lose everything if your margin reduces. I might have advice you to try these options but as a friend, I will advice you to make money and face spot trading, it's the only trading that is less riskier. The rest I mentioned above are highly risky and you can lose everything if you don't understand trading.
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