Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: bosshyip on May 18, 2018, 08:43:17 PM
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CRYPTOCURRENCY BEST RULES. ALWAYS FOLLOW THESE.
#Patience is the key to success in trading
#Never be panic ,never sell in loss if coin is already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.
#Trade at your own risk.
#And last dont regret if you sell a coin and coin goes up afterwards ,profit is always profit ,because in both situation you will regret if coin goes down you will say why i didnt sell and if coin goes up you will say shit ,why i need wait I sell in low price but the thing is profit is always better ,profit is profit ,always set what percentage you want from the particular coin and sell it .Never regret next trade is waiting for you.
IF YOU FOLLOW THESE RULES NO ONE CAN BEAT YOU IN TRADING .
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sorry before, I think that is not a rules, will be better if that called Tips for become Traders.
sorry if I wrong
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sorry before, I think that is not a rules, will be better if that called Tips for become Traders.
sorry if I wrong
Yeah i think tips is actually the right term for this and not rules except for patience.
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Thank you for giving us tips I know more beginer will learned from your tips. I'm using some of your tips and it works.
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All of them are very important, and really must be applied, but there are times when people can't control their emotions and make wrong decisions. When trading, you need to keep your emotions stay away. Otherwise, it's inevitable to make mistakes.
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You've said it all, when it comes to trading, every tips that a trader needs to follow to be a successful trader you've mentioned them all. And you indeed share a great idea. Patient is the key to success just as you said.
An individual have to be patient to be a successful trader, you don't have to invest all your income in your investment, don't feel bad if the market doesn't favor you, it may be at your favor another day, also set a positive mindset and don't let negative emotions get to you. By embracing these principles, traders can cultivate a disciplined approach, navigate market fluctuations, and increase their chances of success.
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You've said it all, when it comes to trading, every tips that a trader needs to follow to be a successful trader you've mentioned them all. And you indeed share a great idea. Patient is the key to success just as you said.
An individual have to be patient to be a successful trader, you don't have to invest all your income in your investment, don't feel bad if the market doesn't favor you, it may be at your favor another day, also set a positive mindset and don't let negative emotions get to you. By embracing these principles, traders can cultivate a disciplined approach, navigate market fluctuations, and increase their chances of success.
We know that trading is one of the best profitable system in cryptocurrency market. Because we saw that's many successful trader could earn best profit from crypto currency market. Because i believe that they could understand in cryptocurrency market easily. If we want to earn huge profit in cryptocurrency market, we must understanding in cryptocurrency market and trading system. Because when we could understand easily in cryptocurrency market, then trade will be best profitable for us.
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In the later part of the list of rules it says #trade at your own risk.
Regardless of which rules you religiously follow, it still going to be risky in times when the market shifts and the bears overpower the bulls.
What is very needed I think is to just watch the charts because when BTC price is at its ATH, it can also plummets fast. One rule to remember above all is to sell, don't wait til it's too late.
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We know that trading is one of the best profitable system in cryptocurrency market. Because we saw that's many successful trader could earn best profit from crypto currency market. Because i believe that they could understand in cryptocurrency market easily. If we want to earn huge profit in cryptocurrency market, we must understanding in cryptocurrency market and trading system. Because when we could understand easily in cryptocurrency market, then trade will be best profitable for us.
Everyone becomes a trader the moments we enter the bull season and everywhere becomes dried the moments we see bear market. The reason is that trading is very difficult in bear market and very easy in bull season, that's why you see everyone becomes expert, become professional, the real reality of trading is that it's very had to be sincere.
You don't need other peoples rules to survive in trading but you need your own rules to make money in trading, what you need from other people is there opinion and what they think about a trade but it doesn't mean you have to follow everything they say.
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#Trade at your own risk.
I would say that this would reall be the best approach when it comes into this aspect on which we do know that taking up risks will really be having its potential problems
that might be encountered along the way and that would definitely be losing money. On the moment that you do deal up with trading then you should anticipate that losing
money will really be part of it on which simply means that you are already accepting out on to those probabilities and thats why whenever it do happens then you do able to easily
move on and go forward because you had anticipated that.
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We know that trading is one of the best profitable system in cryptocurrency market. Because we saw that's many successful trader could earn best profit from crypto currency market. Because i believe that they could understand in cryptocurrency market easily. If we want to earn huge profit in cryptocurrency market, we must understanding in cryptocurrency market and trading system. Because when we could understand easily in cryptocurrency market, then trade will be best profitable for us.
Everyone becomes a trader the moments we enter the bull season and everywhere becomes dried the moments we see bear market. The reason is that trading is very difficult in bear market and very easy in bull season, that's why you see everyone becomes expert, become professional, the real reality of trading is that it's very had to be sincere.
You don't need other peoples rules to survive in trading but you need your own rules to make money in trading, what you need from other people is there opinion and what they think about a trade but it doesn't mean you have to follow everything they say.
Well, People think trading is easier in the upward trend, but the tough part is in the downward trend. It is required to choose a strategy for further development for ourselves. Although it is possible to take other people’s opinion into account one has to make a decision independently. However, some consistency and confidence in the rules we create must be in place to maintain our steps on a correct path.
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We know that trading is one of the best profitable system in cryptocurrency market. Because we saw that's many successful trader could earn best profit from crypto currency market. Because i believe that they could understand in cryptocurrency market easily. If we want to earn huge profit in cryptocurrency market, we must understanding in cryptocurrency market and trading system. Because when we could understand easily in cryptocurrency market, then trade will be best profitable for us.
Everyone becomes a trader the moments we enter the bull season and everywhere becomes dried the moments we see bear market. The reason is that trading is very difficult in bear market and very easy in bull season, that's why you see everyone becomes expert, become professional, the real reality of trading is that it's very had to be sincere.
You don't need other peoples rules to survive in trading but you need your own rules to make money in trading, what you need from other people is there opinion and what they think about a trade but it doesn't mean you have to follow everything they say.
Well, People think trading is easier in the upward trend, but the tough part is in the downward trend. It is required to choose a strategy for further development for ourselves. Although it is possible to take other people’s opinion into account one has to make a decision independently. However, some consistency and confidence in the rules we create must be in place to maintain our steps on a correct path.
Some of them are just pretending to be a real trader just because they can make profit. But in reality it was just because they are in the bull season, and sooner they will disappear right after the bull run is ended. There is nothing new with this, it happened in the past. They will come when the bull run starts and they will disappear it ends. For those who didn't know, atleast we know now that we should have to be aware of it.
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The problem with unsuccessful traders is not like they do not know the rules to be successful. It is just that the rules are difficult to actually practice because they require a level of consistent discipline to adhere to. What will actually promote discipline amongst these new traders, who are aware of the tips to be successful, but finding it difficult to practice is when they learn from their own experience because learning from their own experience will make them understand the reasons behind these tips and why they have been laid down by older traders who have had more experience in trading.
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Actually, these rules have been given very often and we can find many rules to help us succeed in trading. However, it will be much more difficult in practice, sometimes, we even understand the rules very well, but when in reality we even deviate far.
For example, we know that patience is key, but humans are sometimes in an unstable emotional state and that drives our emotions to be much worse, as a result it is easy to panic and finally impatient to make certain decisions.
And or other conditions when we are going to trade, we already understand the theory, but sometimes it is very difficult to do it, especially if it is related to coin analysis and also the market, because the market is so volatile and the price fluctuates a lot, so it can make us take the wrong steps in the analysis.
But that doesn't mean it can't be done, because every activity has a risk and if we keep trying, then it will be an experience and additional insight so that we can be much stronger and ready for the future. Indeed, learning by doing is always unlimited.
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To be a successful trader, we must be able to know what we want and how to engage trade, develop our own strategies and also make use of the various trading indications to arrived at an accurate result, there is profits in trading once we know how to go about it, despite the risk involved, people are still making it in trading and ours cannot be exception only when we do the right thing expected of us to do while trading.