Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: DiagoRass on October 02, 2024, 02:25:09 PM
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
Crypto market is always highly volatile market and here is you don't have the analysis skill there is a high probability of getting losses on trading generally I don't know short term trading because of the efficiency of mine to make daily technical analysis. So I go for long term trading by selecting the trustable coin like Bitcoin etherium bnb and polygon and the other. Even then I am in loss on polygon but I hope for recover in the next bull season.
I do long term trading with DCA strategy for lower risk and I have also successful in this I make 2x profit by investing on Bitcoin with DCA.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
Staying informed is a very Key thing and also having a strategy. Strategy development is alps necessary in crypto trading but it takes a lot of consistency to do this. Staying updated and informed about market trends will keep you guided. And also not trading against the trend, this is a common gambling tactic that some intermediate traders try to make quick profit but they end up blowing their trading accounts over and over again because they are taking huge risks.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
Staying informed is a very Key thing and also having a strategy. Strategy development is alps necessary in crypto trading but it takes a lot of consistency to do this. Staying updated and informed about market trends will keep you guided. And also not trading against the trend, this is a common gambling tactic that some intermediate traders try to make quick profit but they end up blowing their trading accounts over and over again because they are taking huge risks.
In trading we do not need to take big risks and I agree with you we should follow the trend and always focus on trading, do not go against the trend because the risk is very big and we can lose. many people have plans and strategies in trading, and adjust to their respective experiences and skills.
-
These strategies are key, and the fact is that when the market is unpredictable, it can lead to hitting multiple stop-losses. However, following them in a good and predictable market condition is a good way to make more profit than loss.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
Crypto market is always highly volatile market and here is you don't have the analysis skill there is a high probability of getting losses on trading generally I don't know short term trading because of the efficiency of mine to make daily technical analysis. So I go for long term trading by selecting the trustable coin like Bitcoin etherium bnb and polygon and the other. Even then I am in loss on polygon but I hope for recover in the next bull season.
I do long term trading with DCA strategy for lower risk and I have also successful in this I make 2x profit by investing on Bitcoin with DCA.
When you make a long-term investment on a trusted coin, you can definitely expect good profits from it. In this case you will not need much market analysis skills. But when you plan for short term trading or day trading you must have a lot of assets in the market and have a lot of analysis skills. Otherwise you can never make good profit from here. You can choose any top coins for long term investment which are at top level for long time as you mentioned. these are definitely able to give you huge profits in a long term investment
-
When you make a long-term investment on a trusted coin, you can definitely expect good profits from it. In this case you will not need much market analysis skills. But when you plan for short term trading or day trading you must have a lot of assets in the market and have a lot of analysis skills. Otherwise you can never make good profit from here. You can choose any top coins for long term investment which are at top level for long time as you mentioned. these are definitely able to give you huge profits in a long term investment
Yeap you are right, I will say that when we are go for long-term holding or investment we can stay with DCA method which is very easy steps and need to do some basic analysis for basis. On the others hand for the day trading or the short term trading we must know the technical analysis and the fundamental analysis also for that and always need to be active on the market updates for that. So that I suggest the longterm investment with the DCA method if the person is newbie in crypto investment.
-
Crypto market is always highly volatile market and here is you don't have the analysis skill there is a high probability of getting losses on trading generally I don't know short term trading because of the efficiency of mine to make daily technical analysis. So I go for long term trading by selecting the trustable coin like Bitcoin etherium bnb and polygon and the other. Even then I am in loss on polygon but I hope for recover in the next bull season.
I do long term trading with DCA strategy for lower risk and I have also successful in this I make 2x profit by investing on Bitcoin with DCA.
Yes Investing in crypto market can be very risky so it is important to be cautious and analyze carefully to avoid losing money. This is especially true for short term trading. On other hand investing for long term in well established coins like Bitcoin Ethereum BNB and others can reduce risks.
Even if we experience losses holding onto reliable assets and using strategies like Dollar Cost Averaging means DCA can still bring success. So I always prefer this strategy no matter which coin it is.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
Well, agree wit all that you have said, and I gave you +1 Karma to prove that. Making profit in crypto trading can be easy or hard, all depends on the traders level of trading knowledge, and maybe experience as well, but my advice to many have always been that they should turn to investing if they are not really good with trading, specially for those who already have something else they are doing for a living.
Buying and holding for some time can indeed be profitable, and most times, even more profitable than trading.
I personally have traded the market before, so I know some of the risk and gains involved, and from experience, I've learnt that being an investor is the best way to make good money in crypto without stress.
-
Crypto market is always highly volatile market and here is you don't have the analysis skill there is a high probability of getting losses on trading generally I don't know short term trading because of the efficiency of mine to make daily technical analysis. So I go for long term trading by selecting the trustable coin like Bitcoin etherium bnb and polygon and the other. Even then I am in loss on polygon but I hope for recover in the next bull season.
I do long term trading with DCA strategy for lower risk and I have also successful in this I make 2x profit by investing on Bitcoin with DCA.
Yes Investing in crypto market can be very risky so it is important to be cautious and analyze carefully to avoid losing money. This is especially true for short term trading. On other hand investing for long term in well established coins like Bitcoin Ethereum BNB and others can reduce risks.
Even if we experience losses holding onto reliable assets and using strategies like Dollar Cost Averaging means DCA can still bring success. So I always prefer this strategy no matter which coin it is.
Yes, for short-term trading, you need to focus and do good research, we also have to make analysis and always monitor the market. This is more difficult and always monitor the movement of the coins we trade, that's why many people choose to hold long-term because they take smaller risks.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think the 4th and 5th factors are the most crucial but also the hardest to adhere to, especially when investors FOMO and their greed outweighs their capabilities. We can accumulate knowledge about the market and technical analysis, but it's extremely difficult to maintain composure during periods of significant market volatility, whether it's a bull or bear market.
I'd like to add one more thing: avoid borrowing when participating in the crypto market to prevent creating additional pressure on yourself. This is a crucial condition for traders to avoid making wrong decisions during stressful times.
-
Yes Investing in crypto market can be very risky so it is important to be cautious and analyze carefully to avoid losing money. This is especially true for short term trading. On other hand investing for long term in well established coins like Bitcoin Ethereum BNB and others can reduce risks.
Even if we experience losses holding onto reliable assets and using strategies like Dollar Cost Averaging means DCA can still bring success. So I always prefer this strategy no matter which coin it is.
Yeap even we choose the established coins like bitcoin, BNB, Ethereum, TON etc there will be risk and if you do the day trading or the future trading on there there will be high risk always. THese need proper trading skill otherwise lost is must. I have seen lot of people that they do trade on the future trade but if we ask them what is technical analysis on trading or what is fundamental analysis on trading they won't be able to answer. Even then these people don't do the trade with the dollar cost average.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
First of all when i saw your topic title I thought you are asking how you will get profit in crypto trading, but it's not your advising the peoples. It's really surprising that getting advises from the Baby Steps accounts even then the advice or the suggest some are useful but even then I will suggest you if you want to increase your activity do quality full post not like this basic things otherwise you will be that for the shillers posters.
-
It's easy to say, but it will be very different when you apply it.
Because all of that is also based on how your trading psychology is, how the trade management is done.
has a strategy that looks quite good, but in the application of trading sometimes it will not be appropriate, there are many mistakes and unexpected moments. More losses are not even really wanted, but when they do then a backup plan is needed to keep them better.
-
It's easy to say, but it will be very different when you apply it.
Because all of that is also based on how your trading psychology is, how the trade management is done.
has a strategy that looks quite good, but in the application of trading sometimes it will not be appropriate, there are many mistakes and unexpected moments. More losses are not even really wanted, but when they do then a backup plan is needed to keep them better.
The most common mistake traders make is placing absolute faith in what they've learned from technical analysis books or courses. Lacking experience, they haven't weathered the storms of success and failure, leaving them unprepared mentally for the crypto market.
I'll reiterate the two most crucial skills: risk management and psychological control. These are the cornerstones, more important than any technical analysis method, for a trader to survive in this market. Without them, traders will quickly lose all their capital and have no chance of recovery.
-
The more knowledge there is in Crypto market trading, the more profit is seen. If there is more information about the trends in the market, we will get guidance in it. We should not trade against the trends.
Trading is a risk. If you hold a long-term investment and trade with patience and restraint, you will see a profit in it.
-
It's easy to say, but it will be very different when you apply it.
Because all of that is also based on how your trading psychology is, how the trade management is done.
has a strategy that looks quite good, but in the application of trading sometimes it will not be appropriate, there are many mistakes and unexpected moments. More losses are not even really wanted, but when they do then a backup plan is needed to keep them better.
The most common mistake traders make is placing absolute faith in what they've learned from technical analysis books or courses. Lacking experience, they haven't weathered the storms of success and failure, leaving them unprepared mentally for the crypto market.
I'll reiterate the two most crucial skills: risk management and psychological control. These are the cornerstones, more important than any technical analysis method, for a trader to survive in this market. Without them, traders will quickly lose all their capital and have no chance of recovery.
Yes, I think risk management and controlling emotions are more important than analytical skills because in the crypto market we will always be faced with things that will happen outside of our predictions and sometimes different from the analysis we have made and this often happens. It's not that we lack knowledge and experience, but the crypto market is indeed difficult to predict. And this requires good risk management and emotional control if the market changes and differs from the plans we make.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
Even though it is possible to agree with the assertion that a profound knowledge of the cryptocurrency market is a prerequisite for trading. When we are trading in the field of crytocurrency, one of the things that we cannot do without is information and our attitude. Knowledge empowers us; it helps us minimize the risks we take because once we make a decision, it has been done so after much thought. Besides, by maintaining a steady level of the emotional condition, we will be able to address the problem of changes in the market situation without hesitation and without making fast ill-advised moves. In the long run this disciplined and planned system, we will be more consistent in achieving our targeted profits.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
Some tools, responsibility, and knowledge means you are good to go and try yourself on the market, however, you still should be careful about what positions you enter and how you will handle different situations.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
Some tools, responsibility, and knowledge means you are good to go and try yourself on the market, however, you still should be careful about what positions you enter and how you will handle different situations.
There is no risk if trading carefully. First of all we should have good experience in trading as well as understanding about crypto market. If we don't have any idea and experience then we can never survive in the market. They should be solved easily. One should never be disappointed by bad market situation and avoid risking money by taking wrong decisions. If someone gets too excited and takes wrong decisions, it can become a big danger for him, so we should Always make the right decision trading.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
Some tools, responsibility, and knowledge means you are good to go and try yourself on the market, however, you still should be careful about what positions you enter and how you will handle different situations.
There is no risk if trading carefully. First of all we should have good experience in trading as well as understanding about crypto market. If we don't have any idea and experience then we can never survive in the market. They should be solved easily. One should never be disappointed by bad market situation and avoid risking money by taking wrong decisions. If someone gets too excited and takes wrong decisions, it can become a big danger for him, so we should Always make the right decision trading.
I do agree. The market is cruel sometimes and doesn't work the way you envisioned initially, however, it shouldn't discourage you from trying to trade properly and learn upon mistakes of others and your own as well.
-
As far as I understand the profit in crypto trading depends entirely on experience. Investors must have a thorough understanding of the crypto market to get the best out of crypto trading. And always opt for long term investment in crypto trading. It is definitely possible to make a profit in long-term investments. I always prefer long term investment in crypto trading. Because I am financially successful today by investing long-term in crypto
-
IMO, even though we have done the tips that we should do as theorized, the results are still different.. because everyone's instincts are different, and also someone's intentions are also different... the same method will not necessarily produce the same profit.
As far as I understand the profit in crypto trading depends entirely on experience. Investors must have a thorough understanding of the crypto market to get the best out of crypto trading. And always opt for long term investment in crypto trading. It is definitely possible to make a profit in long-term investments. I always prefer long term investment in crypto trading. Because I am financially successful today by investing long-term in crypto
Wow... it seems like you have achieved great success with long-term investment... how long did it take you to achieve that success, my friend? It seems interesting to get tips or knowledge from you.
-
- Everyone in the crypto industry knows that the main method here is actually in the trading category, even if others say that you can also earn from STAKES, once the period of staking that we did is over, in the end we will still be trading. activity.
It seems that staking, flexible, mining, bounty hunting, and others that are paid are crypto assets are just some of the ways we can accumulate cryptocurrency.
-
- Everyone in the crypto industry knows that the main method here is actually in the trading category, even if others say that you can also earn from STAKES, once the period of staking that we did is over, in the end we will still be trading. activity.
It seems that staking, flexible, mining, bounty hunting, and others that are paid are crypto assets are just some of the ways we can accumulate cryptocurrency.
They are the most known and well-documented types of what can be done without much effort to gain profit.
But much knowledge must be harvested nevertheless in order to utilize each of these properly and with better results.
-
There is NO formula to win in trading, there is no way to know, the safest thing is to analyze the market and previous movements well, that is what can make the difference, I personally would say that when you have to wait to make a good movement that only takes 2 or 3 minutes but that beforehand you have to do a 30-minute analysis, I say that it is worth it, because we are making money thinking, with our intelligence and the right tools we can really make a difference, for me that is the key.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
It is not easy to understand thw technical analysis and fundamental analysis of the market because it takes a whole lot of time and sacrifice to do that. Trading isn't a easy as you think because you are in a high volatile market where the price is unpredictable. This is why it ia good that you don't be a day trader but buy bitcoin at the bear market and sell when the bull market arrives. This is what I do, so that my profit will be guaranteed since there is also a new ATH in every circle during the bull run.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
It is not easy to understand thw technical analysis and fundamental analysis of the market because it takes a whole lot of time and sacrifice to do that. Trading isn't a easy as you think because you are in a high volatile market where the price is unpredictable. This is why it ia good that you don't be a day trader but buy bitcoin at the bear market and sell when the bull market arrives. This is what I do, so that my profit will be guaranteed since there is also a new ATH in every circle during the bull run.
Everyone has their own expertise, if you don't like day trading, you can choose to buy bitcoin when it happens and sell it when it increases. it is safe and profitable but for a professional trader it is more profitable to do day trading because they have expertise and experience there and feel that day trading produces higher profits than just holding.
-
Everyone has their own expertise, if you don't like day trading, you can choose to buy bitcoin when it happens and sell it when it increases. it is safe and profitable but for a professional trader it is more profitable to do day trading because they have expertise and experience there and feel that day trading produces higher profits than just holding.
Holding can also be better and maximized if you know where to enter or buy back and target the price you will go to take profit.
Day trading is not as easy as we think, because it not only depends on technical and fundamental analysis but also depends on how much capital is used and how a person's psychological condition is.
If the capital used is mini, then the profit will also be less and the unstable psychology will make you choose the wrong decision.
The point is that all types of trading have their own risks and of course you have to know what trades are suitable for you, it takes some trial and error.
-
I think it's too simple, but it's not bad to make your thread as a starting point... as far as I know, a professional trader has different analytical skills... sometimes they also get special information that only certain people get...
so, in my personal opinion, what you explained is only a part... because I feel that the parameters for truly succeeding in cryptocurrency are very complex... even the biggest weight may be on a person's luck and also their talent in this field.
-
I think it's too simple, but it's not bad to make your thread as a starting point... as far as I know, a professional trader has different analytical skills... sometimes they also get special information that only certain people get...
so, in my personal opinion, what you explained is only a part... because I feel that the parameters for truly succeeding in cryptocurrency are very complex... even the biggest weight may be on a person's luck and also their talent in this field.
Yeah, there is always space to improve. And adapt.
That's the beauty of it, in a way.
-
I think it's too simple, but it's not bad to make your thread as a starting point... as far as I know, a professional trader has different analytical skills... sometimes they also get special information that only certain people get...
so, in my personal opinion, what you explained is only a part... because I feel that the parameters for truly succeeding in cryptocurrency are very complex... even the biggest weight may be on a person's luck and also their talent in this field.
Luck will always be there in investing in crypto, but we should not always rely on luck, so an investor or trader must be able to analyze a project or coin, because we invest based on knowledge, analysis and experience, not just relying on luck.
although we do not deny that luck always plays a role.
-
I think it's too simple, but it's not bad to make your thread as a starting point... as far as I know, a professional trader has different analytical skills... sometimes they also get special information that only certain people get...
so, in my personal opinion, what you explained is only a part... because I feel that the parameters for truly succeeding in cryptocurrency are very complex... even the biggest weight may be on a person's luck and also their talent in this field.
Luck will always be there in investing in crypto, but we should not always rely on luck, so an investor or trader must be able to analyze a project or coin, because we invest based on knowledge, analysis and experience, not just relying on luck.
although we do not deny that luck always plays a role.
We cannot just sit around crossing our fingers for luck in crypto investment even if luck sometimes may arrive. An investor’s trader must be capable of analyzing a project or a specific coin, because strong investment decisions are made with knowledge, careful analysis as well as experience. While the fact that luck does come into play to a certain extent of course knowledge and strategy can still remain the best policy when it comes to investments.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
You have just answered your question and everything you’ve said here is what it is actually in trading. When you’re able to manage yourself through all this and remain disciplined in achieving all this, your profit at trading will become more important and achievable within a short time and yet again a lot of consistency will be there for you. Everyone have their own way of trading the market but most of the things are somehow similar when you compare them in-depth. Trading is not an easy journey but worth it when you begin to win and understand the market better.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
You have just answered your question and everything you’ve said here is what it is actually in trading. When you’re able to manage yourself through all this and remain disciplined in achieving all this, your profit at trading will become more important and achievable within a short time and yet again a lot of consistency will be there for you. Everyone have their own way of trading the market but most of the things are somehow similar when you compare them in-depth. Trading is not an easy journey but worth it when you begin to win and understand the market better.
I think the above comments are complete and answer all the doubts of the new bies. In trading we must be able to control ourselves, this is part of emotional management. Always read news that will have an impact on the trend. Perform analysis and diversification on some potential coins. Because we must be able to do it all in order to be a professional trader.
-
I think the above comments are complete and answer all the doubts of the new bies. In trading we must be able to control ourselves, this is part of emotional management. Always read news that will have an impact on the trend. Perform analysis and diversification on some potential coins. Because we must be able to do it all in order to be a professional trader.
Stepping up to become a professional trader is not easy, not just an acknowledgment or being able to trade without mistakes.
Because being a professional trader there is a lot to master, in terms of technical and fundamental analysis and how they control trading psychology properly and correctly.
Now many ordinary people are learning to trade and think that they are successful and have already declared themselves professional traders and opened classes. Even though it is not that easy and requires a long process.
-
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
You have just answered your question and everything you’ve said here is what it is actually in trading. When you’re able to manage yourself through all this and remain disciplined in achieving all this, your profit at trading will become more important and achievable within a short time and yet again a lot of consistency will be there for you. Everyone have their own way of trading the market but most of the things are somehow similar when you compare them in-depth. Trading is not an easy journey but worth it when you begin to win and understand the market better.
I think the above comments are complete and answer all the doubts of the new bies. In trading we must be able to control ourselves, this is part of emotional management. Always read news that will have an impact on the trend. Perform analysis and diversification on some potential coins. Because we must be able to do it all in order to be a professional trader.
That is true as far as trading and we also would like to underscore that one should remain calm and perform well while having an understanding of recent events that might influence the market. Presumably, economic stability is an essential condition to overcome market fluctuations; self-organization and discipline contribute to the achievement of the mentioned goal.
Using various strategies, as well as analyzing and diversify into the right assets, our chances of the trader becoming more professional can be heightened. All of these will assist us in the formulation of good decisions and act as a signpost to long term sustainability.
-
Now many ordinary people are learning to trade and think that they are successful and have already declared themselves professional traders and opened classes. Even though it is not that easy and requires a long process.
that's right, even when someone starts opening a class and requires payment of a certain amount to people who want to learn, how bad is he who makes money from his class, not from his own trading skills??
trading does require many aspects to make decisions, and in my personal opinion, a professional trader is not claimed, but recognized by others from the perspective of many people...
-
These strategies are key, and the fact is that when the market is unpredictable, it can lead to hitting multiple stop-losses. However, following them in a good and predictable market condition is a good way to make more profit than loss.
Actually the market is unpredictable, though there are still some analyst who are predicting the market on the right directions to some extent, at least, 80% to 90% correct.
Yeah, stop loss is a good strategy to cut loss, like you mentioned, however, further strategies that help to maximize profit is Patience and experience.
As we may know, many people find it difficult to follow market trends vigorously, they easily close their positions because of fear of losing all. An experienced traders who is following the market trends know when to use the stop loss options and not just apply a stop loss due to fear of loss.
At some points, the market goes dip, and corrections but the inexperienced traders just Dump the market because of fear of losing all.
-
Actually the market is unpredictable, though there are still some analyst who are predicting the market on the right directions to some extent, at least, 80% to 90% correct.
Yeah, stop loss is a good strategy to cut loss, like you mentioned, however, further strategies that help to maximize profit is Patience and experience.
As we may know, many people find it difficult to follow market trends vigorously, they easily close their positions because of fear of losing all. An experienced traders who is following the market trends know when to use the stop loss options and not just apply a stop loss due to fear of loss.
At some points, the market goes dip, and corrections but the inexperienced traders just Dump the market because of fear of losing all.
I totally agree that market is hard to predict making it difficult to make accurate forecasts. Some analysts are good at predicting market trends but individual traders need more than just predictions to succeed. Strategies like stop loss help limit losses and patience and experience are just as important for making profits. Experienced traders know when to use stop loss wisely instead of making impulsive decisions based on fear.
Inexperienced traders mostly find it hard to handle market ups and downs. They get scared and sell too quickly. On the other hand experienced traders see market corrections and dips as chances to make smart decisions. They use their expertise to make informed choices.
-
that's right, even when someone starts opening a class and requires payment of a certain amount to people who want to learn, how bad is he who makes money from his class, not from his own trading skills??
trading does require many aspects to make decisions, and in my personal opinion, a professional trader is not claimed, but recognized by others from the perspective of many people...
Yes, that's a risk-free income for people who open trading classes, signals, etc., because they know that the income from selling classes like this gives stable results and many are interested.
Professional traders are recognized as not telling others that they are professional traders.
We can see how his actions and knowledge about trading and of course the profits obtained are also greater.
-
Actually the market is unpredictable, though there are still some analyst who are predicting the market on the right directions to some extent, at least, 80% to 90% correct.
Yeah, stop loss is a good strategy to cut loss, like you mentioned, however, further strategies that help to maximize profit is Patience and experience.
As we may know, many people find it difficult to follow market trends vigorously, they easily close their positions because of fear of losing all. An experienced traders who is following the market trends know when to use the stop loss options and not just apply a stop loss due to fear of loss.
At some points, the market goes dip, and corrections but the inexperienced traders just Dump the market because of fear of losing all.
I totally agree that market is hard to predict making it difficult to make accurate forecasts. Some analysts are good at predicting market trends but individual traders need more than just predictions to succeed. Strategies like stop loss help limit losses and patience and experience are just as important for making profits. Experienced traders know when to use stop loss wisely instead of making impulsive decisions based on fear.
Inexperienced traders mostly find it hard to handle market ups and downs. They get scared and sell too quickly. On the other hand experienced traders see market corrections and dips as chances to make smart decisions. They use their expertise to make informed choices.
We can never predict the market for sure, it is not enough to rely on market forecast alone in trading. Trading using strategies like stop loss (ST), take profit (TP), portfolio management, and risk management, control is very important in trading. Never trade on emotion, trading experts never trade on emotion, they trade in a planned and organized way and they know when and how to use Stop Loss(ST). Trading should always be planned, and different correct strategies should be adopted at different times, because the same strategy will not always work for you, so the strategy should be changed according to the market conditions. And always research the market well and do trading, maintain all things and strategy vary well, only then a trader can achieve success in trading.
-
that's right, even when someone starts opening a class and requires payment of a certain amount to people who want to learn, how bad is he who makes money from his class, not from his own trading skills??
trading does require many aspects to make decisions, and in my personal opinion, a professional trader is not claimed, but recognized by others from the perspective of many people...
Yes, that's a risk-free income for people who open trading classes, signals, etc., because they know that the income from selling classes like this gives stable results and many are interested.
Professional traders are recognized as not telling others that they are professional traders.
We can see how his actions and knowledge about trading and of course the profits obtained are also greater.
Usually professional traders do not open classes to share signals, strategies and traffic. They do not have time to do it all, despite the stabilizer of that.
I have never been included in a group like that because I trade by studying alone and looking for strategies with my own analysis.
-
Usually professional traders do not open classes to share signals, strategies and traffic. They do not have time to do it all, despite the stabilizer of that.
I have never been included in a group like that because I trade by studying alone and looking for strategies with my own analysis.
Agreed, Professional traders are more concerned with their personal trades, and spend time, developing the most effective tactics and ensuring optimal gains. It is this which often makes them not to be interested in activities such as signal sharing or teaching. When we educate ourselves as well as build our knowledge and abilities then one has the leverage to build the strategies that fit into one’s trading personality. This direct experience enables us to have a feel of it, and made sharper decisions whenever there is a task to be done without necessarily consulting.
-
Agreed, Professional traders are more concerned with their personal trades, and spend time, developing the most effective tactics and ensuring optimal gains. It is this which often makes them not to be interested in activities such as signal sharing or teaching.
Most so called "professional traders" that do this are those who needs more users to the same thing for their benefits only. This includes the dumping and pumping coin indirectly by creating so called signals.
-
Agreed, Professional traders are more concerned with their personal trades, and spend time, developing the most effective tactics and ensuring optimal gains. It is this which often makes them not to be interested in activities such as signal sharing or teaching.
Most so called "professional traders" that do this are those who needs more users to the same thing for their benefits only. This includes the dumping and pumping coin indirectly by creating so called signals.
Exactly, Perhaps we should be more cautious and picky in reacting to signals that are distributed en masse by some actors. Learning the fundamentals of the market analysis will allow transitioning to more autonomous actions and steering clear of patterns that are designed exclusively for a one-sided advantageous outcome.
To promote a positive value for the society, everyone must share knowledge and give honest information not causing negative manipulation. In education ,support from each other ,we should be able to for stability and trust in this ecosystem.