Some few tips in trading.

[Thyplaymaker]

Ma people I greet oh!
Just say make I drop some tips make I still they use in trading. If you follow this tips might fit help you to reduce losses. The following tips are:

1.Before you start make sure say you don first do your own personal research about trading.

2. Make sure better funds dey  available, and nah something you go fit risk to lose. Even though u go fit risk am still use 1% of the cash till your hand don strong. To avoid losing all funds

3. Ehn ehn nor be everytime you go dey trade oh try dey discipline your self. Before u jump enter any market first read the coin o because some times news dey affect market (market sentiment)

4.Anytime you dey in good profit nor let greed get best of u quickly sell 50% first to be in a safer side. And nor dey let your stop loss dey pass almost --20% of your funds you traded at that moment

5.  dem nor they learn trading finish so focus more on gathering good knowledge too.


Wish you'll the best.

[Coinmama7824]

5.  dem nor they learn trading finish so focus more on gathering good knowledge too.

Na true, person no need sabi everything about trading before e start, na e be mistake wey plenty traders dey make, them go wan sabi everything first before then start, not knowing say learning no dey stop, e get some things them no fit teach you, but na experience go fit teach am, those mistakes you go later make as you dey trade na e go give you those experiences.

But e dey very important sha to sabi the basics rules, and some important things about trading...

[OWAS]

5.  dem nor they learn trading finish so focus more on gathering good knowledge too.

Na the truth of the matter you talk so, person no need to learn everything about trading before him go enter the business  where person feel say him  know all and all about trading stop nah there another person knowledge start from begin, and also me we learn from people wey done tay inside trading to learn and gain more experience from them

[Hatchy]

Ma people I greet oh!
Wish you'll the best.

Well, watin u yarn for here correct but me, I be person wey no dey advice people to do trading. Normal, trading dey very risky and if person no get correct ogbonge experience you go surly loose your money wella. D best tin na e be say make you learn using demo account first as a beginner. Trading no be watin Dem dey rush enter. You need many years of experience and  courage to tay start trading.
Secondly, no too dey listen to those people Dem wey dey advertise for social media say Dem dey fit make millions in a day or few days as this one na scam. Correct trader wey Sabi work! Well well, Dem make losses wella and na only the thief Dem go dey lie give you say Dem Sabi am werass Dem dey loss well well. Sha make you just do your own research and take ur time tay study trading before u enter make u for no make mistake wey u go regret.

[Thyplaymaker]

I be person wey no dey advice people to do trading

Lol I understand your point of view. Nah true you talk sha trading with low experience is like carrying your funds burning it. Because all the cash u plan to tey become successful for trading go loss. That y trading takes time and determination and dedication. With all those things Omo you go easily give up after too much  losses. That y always do research both positive and negative part of anything.

[philostickz]

The thing wey you talk here na true most especially the part wey you mention greed, some profit get much profit but greedy go wan make them do more and at the end e fit end in loss na why selling atleast 50% profit is better to be at the safer side na you try pass my broda with this tips say you bring cum here.

[EluguHcman]

1.Before you start make sure say you don first do your own personal research about trading.

It is necessary to do your trading research to understand the Coins basic formulas such as the quality of the coins, the Coins volume of adoptions, how solid the coin wou be for reliabilities.
Infact, learn about the potentials in both pros and in Cons so you would be aware and ready to do away with the marketing system.

2. Make sure better funds dey  available, and nah something you go fit risk to lose. Even though u go fit risk am still use 1% of the cash till your hand don strong. To avoid losing all funds.

It is actually not better fund but keep a tolerable funds that is worth risking for ready so at your readiness to kickstart your trading you don't have to go by stressing to source capital for it. When you say enough money, that sounds like a huge amount of money and starting your trades doesn't really requires that for a trading beginner.

3. Ehn ehn nor be everytime you go dey trade oh try dey discipline your self. Before u jump enter any market first read the coin o because some times news dey affect market (market sentiment).

Being disciplined to your trading is a required essential strategy so that you don't jump in or out of a trading due the the influence of certain rumours that may either be biasedly positive or negative else you may end up regretting your action.

4.Anytime you dey in good profit nor let greed get best of u quickly sell 50% first to be in a safer side. And nor dey let your stop loss dey pass almost --20% of your funds you traded at that moment.

@ OP, after much talking about not being flexible to rumours in your number 3 it is unfortunate that you finally submitted to the marketing rumours here in your number 4. Lol.
However, only short-term investors are ones who targets an immediate appreciable marketing rates of coins so they could sell and count quick profit out of it while long-term investors has no need to panic not get influenced by the marketing value rates of their coins.
Conclusively, you must not sell your coins because you think there had been Interest in it. The volatility potentials in Bitcoin investments could still profer to enhance you with more profits at where the markets value could increase more. At this point of time of your eagerness to sell your coins, you may end up regretting your sudden sells.

5.  dem nor they learn trading finish so focus more on gathering good knowledge too.

Exactly, knowledges never ends but must firstly focus on the basics and the essential facts. While in the marketing system you could advance your knowledge with minimum amount of your investment and yeah, no relented feelings that you have learnt it all because there would always be some measures of hidden facts that is yet to be learn.

[Dr.Bitcoin_Strange]

A few days ago, I came across a follower who said that trading can actually make traders millionaires in a short period of time. I was shocked to have read that, because if trading was actually a simple thing to do and if it was also too profitable to turn an individual millionaire overnight, then everyone would have become a trader. Trading is not a get-rich-quick scheme, and as a matter of fact, trading can actually make one poor if the trader is not mentally prepared to take their time to study, learn, and understand how trading is done. Some people are known to be professional traders, but yet they also experience losses in their trade. Most professional traders usually face losses at times, but they have different strategies to prevent losses too. If they were newbie traders, they may end up blowing their accounts and losing every cent they started with.

[CryptoLaila]

Trading  is generally  having to buy anything to sell in future for profits but the how long the "future" word varies according to individual  could be long or short .
Thus,on this forum we are based on digital asset investment in which crypto is one. The points  you've listed are good OP and I will strongly advice anyone thinking of Trading not to trade all of your funds at once as it's has been stated by OP, even if you are sure you need to always prepare for the other way round

[DannyD234]

I would like to add one more

If you are a newbie i suggest you start with a demo account to get to know the basics of the world of trading and also following and seeking mentorship from accomplished trader even if some you have to pay for but as the saying goes you use money to get money, buying their books and listening to their tutorials will we helpful

[DaNNy001]

The thing wey you talk here na true most especially the part wey you mention greed, some profit get much profit but greedy go wan make them do more and at the end e fit end in loss na why selling atleast 50% profit is better to be at the safer side na you try pass my broda with this tips say you bring cum here.

Well no be to only talk  because they say actions speaks louder than words and na why most person fit get the advice but yet still fall victim of doing the previous action them no supposed to and it's very bad and thats why me dey always do watin dey my mind although greed na something wey dey for every human being body and na so e dey mine too so am not excluded. I no go lie I dey trade although I no go call myself expect trader but I do have my glory day's but still won't advice members to try it because it's fucking risky.

[Yamzakid]

Ma people I greet oh!
Just say make I drop some tips make I still they use in trading. If you follow this tips might fit help you to reduce losses. The following tips are:

1.Before you start make sure say you don first do your own personal research about trading.

Na better tips you dey use like dis and e go dey helpful for us wey be beginners.
Person need to do proper research when it comes to trading, because as profit dey na so risk dey and some beginners dey always dey lazy to make research and dey wan rush to trade which is a bad attitude.

2. Make sure better funds dey  available, and nah something you go fit risk to lose. Even though u go fit risk am still use 1% of the cash till your hand don strong. To avoid losing all funds

Normally as a trading hustler always dey use the money wey you fit afford to lose dey trade, and keep like 1% for hand just as Op said in case you lose all your money wey dey use trade, you go fit use that small percent hold body.

3. Ehn ehn nor be everytime you go dey trade oh try dey discipline your self. Before u jump enter any market first read the coin o because some times news dey affect market (market sentiment)

Some coins dey worthless make proper research if not you go end up regretting

[Thyplaymaker]

Ma people I greet oh!
Just say make I drop some tips make I still they use in trading. If you follow this tips might fit help you to reduce losses. The following tips are:

1.Before you start make sure say you don first do your own personal research about trading.

Na better tips you dey use like dis and e go dey helpful for us wey be beginners.
Person need to do proper research when it comes to trading, because as profit dey na so risk dey and some beginners dey always dey lazy to make research and dey wan rush to trade which is a bad attitude.

2. Make sure better funds dey  available, and nah something you go fit risk to lose. Even though u go fit risk am still use 1% of the cash till your hand don strong. To avoid losing all funds

Normally as a trading hustler always dey use the money wey you fit afford to lose dey trade, and keep like 1% for hand just as Op said in case you lose all your money wey dey use trade, you go fit use that small percent hold body.

3. Ehn ehn nor be everytime you go dey trade oh try dey discipline your self. Before u jump enter any market first read the coin o because some times news dey affect market (market sentiment)

Some coins dey worthless make proper research if not you go end up regretting

as a beginner you nor need to be lazy to the research for this kind matter even pro still dey make research, that just how things is. And trading nor be get rich quick scheme nah gradual process wey go take much time and commitment.🙂

[Cantsay]

I would like to add one more

If you are a newbie i suggest you start with a demo account to get to know the basics of the world of trading and also following and seeking mentorship from accomplished trader even if some you have to pay for but as the saying goes you use money to get money, buying their books and listening to their tutorials will we helpful

To further improve on this – if you’re trading with a demo account make sure to treat it like your real account ie try to trade with it as if you have real funds inside, because if you just use demo account and trade with the “I don’t care” nature cause you don’t have anything to lose you’ll so much loss your money when you finally switch to a real account.

Another one newbies should learn is – Control your emotions. When it comes to trading there are times when our emotions sets in, if you’re unable to control your emotions and call it a quit even if you’re losing you’ll only end up losing more.

[Thyplaymaker]

I would like to add one more

If you are a newbie i suggest you start with a demo account to get to know the basics of the world of trading and also following and seeking mentorship from accomplished trader even if some you have to pay for but as the saying goes you use money to get money, buying their books and listening to their tutorials will we helpful

To further improve on this – if you’re trading with a demo account make sure to treat it like your real account ie try to trade with it as if you have real funds inside, because if you just use demo account and trade with the “I don’t care” nature cause you don’t have anything to lose you’ll so much loss your money when you finally switch to a real account.

Another one newbies should learn is – Control your emotions. When it comes to trading there are times when our emotions sets in, if you’re unable to control your emotions and call it a quit even if you’re losing you’ll only end up losing more.

yah so damn right because that act of newbie thinking that the cash in their demo account is not actually for them and they can use it anyhow to trade because if they lose it won't affect them that much and that is just wrong. You trying to build your portfolio in a demo account you are same time building yah self mentally. Because if you end up having that mental of trading recklessly with your demo account you may endup using same mental in your real account. To me use demo account is actually to train you on how to manage risk and your emotions self with some other stuff though. So whenever you trading with demo trade like if is your real cash