Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Gita on October 19, 2024, 07:49:05 PM
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While trading in Crypto Market, it is necessary to know what the investment has been made in. Then we should pay attention to the topics that it is worth holding or not. On the trading chart, the market goes up and down in one second and we know that.falls
Apart from that, is there anything else to consider??
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You haven't listed anything yet to consider while trading.. first you should know that trading involves risk and before going into trade you should know how much you are willing to risk. Always have the mindset that you are not here to make money but to grow your money. Expect losses as the market has to take from you before it gives back. Don't revenge trade. This is another thing alot of people don't get. When you encounter substantial losses, exist the market kindly and take a break. Forcing yourself into the market after a huge loss will only lead to even more. Take your time to re analyze and know your mistakes.. these and many more you should consider while trading..
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Don't be greedy and take little profits when you are opportune. Always know how to control your emotions and don't open a trade when you don't understand the market. Use stop loss to control your losses, and lastly, only trade with the amount of money that you can afford to lose.
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The most important basic knowledge of trading, technical analysis and fundamentals, If a trade is made without analysis they are only guessing by their feelings, not by reading the charts and how the fundamentals occur.
If you don't have basic knowledge, then don't trade, it will only cause losses because you don't know when to enter and when to exit.
Not only that, management also needs to be done to make trades according to the strategy and not make trading a waste of money.
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The most important basic knowledge of trading, technical analysis and fundamentals, If a trade is made without analysis they are only guessing by their feelings, not by reading the charts and how the fundamentals occur.
If you don't have basic knowledge, then don't trade, it will only cause losses because you don't know when to enter and when to exit.
Not only that, management also needs to be done to make trades according to the strategy and not make trading a waste of money.
Technical and fundamental analysis is basic knowledge in trading and we must learn it in order to become a professional trader, because we cannot always rely on luck or follow others. Conducting analysis and reading market movements is very important, we also have to learn many other things. It takes a long time to learn trading and of course we also often experience defeat when we first learn to trade, and that is common for newbies
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The golden rule is to not try and trade with more than you can afford to lose!
Look at a $100 bill and think if you can throw it in the garbage bin without feeling bad for weeks if you can then it means you can afford to play with that much, do it again with $1000 and if you think that such a loss would devastate you then it simply means trading with more than $1000 is out of your league.
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Don't be greedy and take little profits when you are opportune. Always know how to control your emotions and don't open a trade when you don't understand the market. Use stop loss to control your losses, and lastly, only trade with the amount of money that you can afford to lose.
This factor is often forgotten when trading, when the coin I bought has increased in price but I do not sell it.
Because I feel that I do not get much profit, but at that time it often happens that the price of the coin does not increase but instead decreases.
This has happened not only once, but has happened many times.
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There are many things to consider when trading. Don't take your shallow trading knowledge to the trading field. Because many traders are newbies go into trading when they have small knowledge about. And don't enter the market anyhow but be calculative. You must know when to enter the trade and when to stop. Don't pursue big profit it Cash out whenever profit gotten. And don't deposit big amount to trade at the initial time. Trading is not for inexperienced oness but for the experienced ones.
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Don't be greedy to get profit, because if we are greedy in seeking profit, the profit that has been outlined will be lost because we are chasing high prices that never come, targeting 10-20% profit is still reasonable for meme coins when first listed
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Actually, there are many things to remember in trading, the most important thing is that you have basic knowledge in chart analysis as well as with the fundamentals, if you don't feel confident in trading then don't force it, it's better to invest.
Suppose if you want to start trading with live money then use small money maybe you will experience losses but it doesn't matter if it's a sign as your experience.
Currently I am not focusing on trading, want to find safety where to choose investment rather than trading.
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While trading in Crypto Market, it is necessary to know what the investment has been made in. Then we should pay attention to the topics that it is worth holding or not. On the trading chart, the market goes up and down in one second and we know that.falls
Apart from that, is there anything else to consider??
On the moment that you do step your foot into this crypto space then the primary thing that should be up into your mind is not to make yourself that being delusional on making easy profits.
Why? This could really be that resulting that for you to become that too impulsive towards it and you would really be having those kind of steps on which you do end up on becoming
that being desperate because of some wrong thoughts and beliefs that you do have in mind on the moment that you do make out such engagement.
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It takes a long time to learn trading and of course we also often experience defeat when we first learn to trade, and that is common for newbies
It takes a long time as well as experience, because without experience a trader cannot determine how the Bitcoin market works.
I myself started learning from scratch by looking for various kinds of references and started trading practice even though I didn't have enough funds.
But with practice we will know how the crypto market works, how trading and technical and fundamental analysis affect the crypto market.
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Don't be greedy and take little profits when you are opportune. Always know how to control your emotions and don't open a trade when you don't understand the market. Use stop loss to control your losses, and lastly, only trade with the amount of money that you can afford to lose.
Okkk, thank you, I will surely pay attention to your words and invest in trading..
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The most important basic knowledge of trading, technical analysis and fundamentals, If a trade is made without analysis they are only guessing by their feelings, not by reading the charts and how the fundamentals occur.
If you don't have basic knowledge, then don't trade, it will only cause losses because you don't know when to enter and when to exit.
Not only that, management also needs to be done to make trades according to the strategy and not make trading a waste of money.
Yes, I have just started a new startup. I don't have much knowledge, so I am doing less business, starting slowly and moving forward.. You all keep explaining... Thank you.
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here's something a newbie should best remember in trading.
one of the best days to trade is when the market is bullish or in bull season because any token you may buy from the exchanges could double in price in week which you can gain a lot already even when you are a newbie.
sell everything when the bull market is over because you're going to lose the money supposedly earned. some people learned all these the hard way.
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When you are just about to start trading, what are some things to consider?
Maybe this can help, some of them, because there will definitely be many other tips that must be considered.
1. Readiness for trading
especially knowledge for trading, related to how to analyze technically and fundamentally, this is important. because trading is not gambling.
2. Readiness of money,
don't use your daily money for trading, this is risky and you will lose your money.
3. Mental and emotional readiness
This is not only before trading, but also during trading and after, the emotional demand in trading is very high, that's why many people are stressed and depressed and end up panicking and cutting their trading losses with very large losses.
4. Current market analysis
This is related to the above capabilities, but this is how alert we are and our readiness in various market conditions that can suddenly change drastically. We also need sudden analysis calmly and not in a hurry.
5. Oh yeah, what coins we choose, and the pairs also have an effect. At least we understand that the coin is not a hype coin or a coin that is easy to rugpull
some adapted from this
https://tradesanta.com/blog/7-crypto-trading-rules-for-beginners
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The most important basic knowledge of trading, technical analysis and fundamentals, If a trade is made without analysis they are only guessing by their feelings, not by reading the charts and how the fundamentals occur.
If you don't have basic knowledge, then don't trade, it will only cause losses because you don't know when to enter and when to exit.
Not only that, management also needs to be done to make trades according to the strategy and not make trading a waste of money.
I am also agree with your comment. Because we know that trading is one of the best earning way for you, if you could understand easily in cryptocurrency market. Because without knowledge you could not get best profit from trading. So i think firstly you should control your emotions. Because it will be best profitable source for you, and starting your trading you should take little profit for trading. When you open trading you must need to know understanding in cryptocurrency market. Than i believe that it will be best profitable for you.
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The most important basic knowledge of trading, technical analysis and fundamentals, If a trade is made without analysis they are only guessing by their feelings, not by reading the charts and how the fundamentals occur.
If you don't have basic knowledge, then don't trade, it will only cause losses because you don't know when to enter and when to exit.
Not only that, management also needs to be done to make trades according to the strategy and not make trading a waste of money.
I am also agree with your comment. Because we know that trading is one of the best earning way for you, if you could understand easily in cryptocurrency market. Because without knowledge you could not get best profit from trading. So i think firstly you should control your emotions. Because it will be best profitable source for you, and starting your trading you should take little profit for trading. When you open trading you must need to know understanding in cryptocurrency market. Than i believe that it will be best profitable for you.
Exactly, Understanding markets is the primary potential to try to do success within the business, particularly in the trendy trading of cryptocurrencies. By having detailed information and the capacity to understand shifts within the market, it means we can mitigate risk associated with it. Emotional regulation while trading is very significant, due to the reason that emotions act as a hindrance towards transformative actions. If we aim at a particular measured approach and do not let emotions drive us, then the probability of making a profit will be higher.
Also, starting with small and gradual changes is a wiser method to evaluate the efficiency of particular approaches and improve our insight into the crypto market. Making profits little by little help us be ready to learn from experience we get without the risks getting out of hand. With proper discipline and a proper understanding of the market direction we can be far more confident in every trade decision that we take and this can only lead to us achieving the best results.
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The most important basic knowledge of trading, technical analysis and fundamentals, If a trade is made without analysis they are only guessing by their feelings, not by reading the charts and how the fundamentals occur.
If you don't have basic knowledge, then don't trade, it will only cause losses because you don't know when to enter and when to exit.
Not only that, management also needs to be done to make trades according to the strategy and not make trading a waste of money.
I am also agree with your comment. Because we know that trading is one of the best earning way for you, if you could understand easily in cryptocurrency market. Because without knowledge you could not get best profit from trading. So i think firstly you should control your emotions. Because it will be best profitable source for you, and starting your trading you should take little profit for trading. When you open trading you must need to know understanding in cryptocurrency market. Than i believe that it will be best profitable for you.
It's the mix of expertise, knowledge, responsibility, and only a small bit of luck that pushes the trading from just tickers going up and down to a real deal. When you combine all the factors at stake, you do understand how important each one of them is, and it's beautiful, in a way only a person who clicks on it can understand from his perspective.
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Technical and fundamental analysis is basic knowledge in trading and we must learn it in order to become a professional trader, because we cannot always rely on luck or follow others. Conducting analysis and reading market movements is very important, we also have to learn many other things. It takes a long time to learn trading and of course we also often experience defeat when we first learn to trade, and that is common for newbies
The science of trading is indeed quite complex and has a lot to learn, but when one has studied it and continues to practice and understand how the crypto market works, it will be a very reliable science.
There is no need to be a professional, it takes time.
Simply by practicing trading, it will be a good experience, applying how the knowledge learned with the strategy that has been made.
I even studied trading science for many years and still don't consider myself a professional, I am just a student who needs to learn a lot.
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While trading in Crypto Market, it is necessary to know what the investment has been made in. Then we should pay attention to the topics that it is worth holding or not. On the trading chart, the market goes up and down in one second and we know that.falls
Apart from that, is there anything else to consider??
The most important thing to keep in mind while trading is that the trade or investment cannot control his emotions. What I mean is that the trader can control his emotions.
For example:
Let just imagine you made today 100$ trad and make profit of 10$ and let also imagine you loss 5$ on tomorrow and here you have to have the control on emotion which will not make you excited for the win and the loss also. And it is the most important thin in trading after even then you are a expert analyst or a professional trader.
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While trading in Crypto Market, it is necessary to know what the investment has been made in. Then we should pay attention to the topics that it is worth holding or not. On the trading chart, the market goes up and down in one second and we know that.falls
Apart from that, is there anything else to consider??
One thing that must always be kept in mind while trading is that there must be an ability to accept losses when trading. And have the patience and ability to do a lot of analysis. Because there are thousands of coins in the market, you need to find the coin from which you will get the fastest profit. But if one wants to invest for long term then DCA method must be followed as there will be less risk of major loss. But good amount of profit is possible without taking high risk from here.
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Apart from that, is there anything else to consider??
I think every new trader in cryptocurrency should properly consider risk management because traders who really know and keep in mind that Risk management is a necessary aspect of trading, and always considering the risks to reward ratio will always make proper trading decisions and ensure that a trader does not make decisions impulsively or uncalculatedly.
it will be beneficial to keep in mind that one bad trading decision can blow your account.
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Don't be greedy and take little profits when you are opportune. Always know how to control your emotions and don't open a trade when you don't understand the market. Use stop loss to control your losses, and lastly, only trade with the amount of money that you can afford to lose.
Wonderful. This is exactly what I was expecting OP, to hint to us about what one should keep in mind when trading than not saying anything in regards to that.
However, trading comes with many kinds of stuff to stay away from, if someone wants to be successful in it. Like someone who's greedy person, trading a big no for them. Learning how to control your emotions is very important and trading with the amount you can afford to lose is very necessary.
Having the mentioned advice in mind would help someone who wants to start trading or is already trading. Atleast it would help in their trading wins, and cut down their losses that could have affect their finances
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Apart from that, is there anything else to consider??
I think every new trader in cryptocurrency should properly consider risk management because traders who really know and keep in mind that Risk management is a necessary aspect of trading, and always considering the risks to reward ratio will always make proper trading decisions and ensure that a trader does not make decisions impulsively or uncalculatedly.
it will be beneficial to keep in mind that one bad trading decision can blow your account.
Yes, in trading we must learn risk management, because if we can control the risks in trading it will minimize losses.
Trading is something that requires knowledge, experience, skills and good risk management and emotional management abilities.
We must learn about all of that in order to become a professional trader.
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Apart from that, is there anything else to consider??
I think every new trader in cryptocurrency should properly consider risk management because traders who really know and keep in mind that Risk management is a necessary aspect of trading, and always considering the risks to reward ratio will always make proper trading decisions and ensure that a trader does not make decisions impulsively or uncalculatedly.
it will be beneficial to keep in mind that one bad trading decision can blow your account.
Yes, in trading we must learn risk management, because if we can control the risks in trading it will minimize losses.
Trading is something that requires knowledge, experience, skills and good risk management and emotional management abilities.
We must learn about all of that in order to become a professional trader.
And doing it all consistently as well.
Responsibly advancing through different landscapes on the market would bring you success in the long run.
And many things besides what you mentioned should be learned in order to be in charge.
And enter positions correctly.
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I am also agree with your comment. Because we know that trading is one of the best earning way for you, if you could understand easily in cryptocurrency market. Because without knowledge you could not get best profit from trading. So i think firstly you should control your emotions. Because it will be best profitable source for you, and starting your trading you should take little profit for trading. When you open trading you must need to know understanding in cryptocurrency market. Than i believe that it will be best profitable for you.
Emotions are something that will always harm us in trading, I have experienced them myself and what sometimes saves me is my own discipline, because my discipline allows me to say that I go up to a certain point with my money willing to lose, but if I do not have that discipline I would continue spending my balance and most likely I would do it uncontrollably until I lose a lot, some traders lose everything in its entirety and that is why sometimes it causes addiction and many losses, and that is what we must avoid.
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I am also agree with your comment. Because we know that trading is one of the best earning way for you, if you could understand easily in cryptocurrency market. Because without knowledge you could not get best profit from trading. So i think firstly you should control your emotions. Because it will be best profitable source for you, and starting your trading you should take little profit for trading. When you open trading you must need to know understanding in cryptocurrency market. Than i believe that it will be best profitable for you.
Emotions are something that will always harm us in trading, I have experienced them myself and what sometimes saves me is my own discipline, because my discipline allows me to say that I go up to a certain point with my money willing to lose, but if I do not have that discipline I would continue spending my balance and most likely I would do it uncontrollably until I lose a lot, some traders lose everything in its entirety and that is why sometimes it causes addiction and many losses, and that is what we must avoid.
Bad emotions like greed will make us lose and the discipline you do is right because with discipline and always consistent with the strategy and plan we can achieve the target we want and stay away from greed.
because I used to lose the opportunity to sell and make a profit because I held back to get a higher profit, it turned out that I ended up losing.
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When you're trading the most important thing you should keep in your mind is to only trade those assets that are not so volatile and the ones with higher market cap. Those are less risky and can form new ATH as compare to low demand ones.
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Re: What are the main things to keep in mind while trading
1. Your strategy.
2. What's happening online.
3. What the charts are implicating
4. The sentiments of the investors.
These are just 4, but I'm sure those expert traders have more to consider whenever they're trading. That's the reason why only a few traders are becoming successful, and there are some who just prefers to copy trade other expert traders out there. Just to add as well, focus on learning as well.
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When you're trading the most important thing you should keep in your mind is to only trade those assets that are not so volatile and the ones with higher market cap. Those are less risky and can form new ATH as compare to low demand ones.
Older coins are more reliable, in fact.
Especially for the long run, but for trading, they can be chosen too, albeit the movements on them wouldn't compare to those new on the market.
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When you're trading the most important thing you should keep in your mind is to only trade those assets that are not so volatile and the ones with higher market cap. Those are less risky and can form new ATH as compare to low demand ones.
Older coins are more reliable, in fact.
Especially for the long run, but for trading, they can be chosen too, albeit the movements on them wouldn't compare to those new on the market.
Not all old tokens though not unless into those top 20 or 30 or 100 in the market that retained out their positions. We have seen some old projects that being delisted on known exchange
and been replaced by new projects on which we cant really be able to deny that when it comes to features and other functionalities then we can tell that new projects are really that more better on which it will really be that understandable that they would be able to climb up into the ladder and thats why names couldnt really be that the same in every cycle
and there would really be those new projects that would really be able to included into the top rankings.
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Older coins are more reliable, in fact.
Especially for the long run, but for trading, they can be chosen too, albeit the movements on them wouldn't compare to those new on the market.
I do hope you reconsider this again because not all coins are reliable and not all new coins are reliable. There are some old coins from 2018 bull run that has not reach their previous all time high, they have been stuck at where they are. The famous XRP is a good example of failed project that people never stop hyping in the crypto market.
If you are going to trade any coin of your choice, please make sure that you don't forget to use stop loss, this thing has saved a lot of people when they don't expect the market to go as they expected. It will save up from losses that will be difficult to stop from beginning.
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Older coins are more reliable, in fact.
Especially for the long run, but for trading, they can be chosen too, albeit the movements on them wouldn't compare to those new on the market.
I do hope you reconsider this again because not all coins are reliable and not all new coins are reliable. There are some old coins from 2018 bull run that has not reach their previous all time high, they have been stuck at where they are. The famous XRP is a good example of failed project that people never stop hyping in the crypto market.
If you are going to trade any coin of your choice, please make sure that you don't forget to use stop loss, this thing has saved a lot of people when they don't expect the market to go as they expected. It will save up from losses that will be difficult to stop from beginning.
We should always do research and make analysis in choosing coins to trade and observe their movement in the market because not all old coins are necessarily profitable, but in my opinion the top 10 coins are always a safer choice to trade.
Always be careful and focus on observing in choosing these coins, because there will always be risks.
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Older coins are more reliable, in fact.
Especially for the long run, but for trading, they can be chosen too, albeit the movements on them wouldn't compare to those new on the market.
I do hope you reconsider this again because not all coins are reliable and not all new coins are reliable. There are some old coins from 2018 bull run that has not reach their previous all time high, they have been stuck at where they are. The famous XRP is a good example of failed project that people never stop hyping in the crypto market.
If you are going to trade any coin of your choice, please make sure that you don't forget to use stop loss, this thing has saved a lot of people when they don't expect the market to go as they expected. It will save up from losses that will be difficult to stop from beginning.
We should always do research and make analysis in choosing coins to trade and observe their movement in the market because not all old coins are necessarily profitable, but in my opinion the top 10 coins are always a safer choice to trade.
Always be careful and focus on observing in choosing these coins, because there will always be risks.
When selecting the coin to trade, it is possible to rely on the performance and stability of the coins with high turnover and reliable base in the market. The key focus is that there are more significant fluctuation in the bottom coins relative to the top coins, indicating that the latter are less responsive to market changes due to more developed ecosystem; However, it is still important to track top coins’ trends and market sentiment toward each coin since high volatility is inherent to all crypto assets. We will be able to evaluate the risks and opportunities of the selected coin if we consider the basics and characteristics of technical analysis. We know that consistent research and the fine analysis of all the factors involved helps to maximise the chances of making a profit while controlling the risk.
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Trading is a combination of many things, but for me fundamental analysis and risk management is kind of key factor that one should master at to sustain in trading career, lot of people jump into trading after reading they can make shit tons of money in short term but they don't realize it's not possible for everyone to attain such profits and those are like winning a lottery since it happens on random occurrence not by doing any strategy and make millions out of it.
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Trading is a combination of many things, but for me fundamental analysis and risk management is kind of key factor that one should master at to sustain in trading career, lot of people jump into trading after reading they can make shit tons of money in short term but they don't realize it's not possible for everyone to attain such profits and those are like winning a lottery since it happens on random occurrence not by doing any strategy and make millions out of it.
Technical and fundamental analysis is basic knowledge for traders and we must understand it. Because from the analysis we can develop a strategy to run trading. We must also understand the character of the coin and always monitor the market and read the news, because the news also has a big influence on the price of the coin.
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Trading is a combination of many things, but for me fundamental analysis and risk management is kind of key factor that one should master at to sustain in trading career, lot of people jump into trading after reading they can make shit tons of money in short term but they don't realize it's not possible for everyone to attain such profits and those are like winning a lottery since it happens on random occurrence not by doing any strategy and make millions out of it.
Technical and fundamental analysis is basic knowledge for traders and we must understand it. Because from the analysis we can develop a strategy to run trading. We must also understand the character of the coin and always monitor the market and read the news, because the news also has a big influence on the price of the coin.
We also will have to rule out the fact that every trade in the market must have a clear technical and fundamental strategy eliminating any guesswork since all our trades will underpin these foundations. Of course, it is necessary to constantly open your charts and track what is happening in the world and in the market itself. When all these are incorporated, it is easier to trade knowing that the possibility of making some errors has been done away with.
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because I used to lose the opportunity to sell and make a profit because I held back to get a higher profit, it turned out that I ended up losing.
Without a doubt, things are like that, for me that is one of the things that is most difficult to control, it has happened to me too, and another thing that has happened to me recently, is not knowing how to have patience to operate, that suddenly I want to operate quickly to have quick profits, sometimes one believes that what one knows is enough and because of that desperation sometimes one operates badly, and that is not good, I have always seen that the best of this for trading is that it does not matter how long we take doing the analysis, what really matters is that the operation that is done is positive and one wins, I, for not having opatience, lost 10usd and the truth is that I have not been able to recover them yet, it is little, but it is significant because I could not control my impatience.
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Determine in advance what type of trade to make and make sure to master the trade.
As in Spot trading, it is perfect for beginners or for those who don't want to focus too much on quick profits or fairly relaxed trading.
Don't make trades that you don't even understand like futures trading looks easy, but in fact it can be a place to lose all your money if you can't control futures trading.
And what influences a trade is the psychology of trading, greed and how to take every decision for a trade.
It is not easy to do because this will require experience and practice.
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Determine in advance what type of trade to make and make sure to master the trade.
As in Spot trading, it is perfect for beginners or for those who don't want to focus too much on quick profits or fairly relaxed trading.
Don't make trades that you don't even understand like futures trading looks easy, but in fact it can be a place to lose all your money if you can't control futures trading.
And what influences a trade is the psychology of trading, greed and how to take every decision for a trade.
It is not easy to do because this will require experience and practice.
You are true that trade needs experience and practice, and we must adjust to our abilities and ideas in choosing a perddaganaga method. I am not an expert in Futures, so I also chose a trading spot because in my opinion it is safer, I lost a lot of capital when trading on Futures.
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Emotion and risk management are what we should always keep in mind because these are the major determination to what we have whenever we are trading, when we are not easily moved or persuaded by what we do and how it related on other things that doesn't not concerns us, then we may also have to consider loss as something we may not have to avoid seeing at all times.
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Emotion and risk management are what we should always keep in mind because these are the major determination to what we have whenever we are trading, when we are not easily moved or persuaded by what we do and how it related on other things that doesn't not concerns us, then we may also have to consider loss as something we may not have to avoid seeing at all times.
Of importance when trading is that both individuals play a central role of ensuring stability is maintained. There is also less likelihood of running helter skelter with our emotions, especially after achieving a great move or when eying our opponent’s weak point, there is more discipline and less attraction to minor unrelated diversions.
That is why the losses should also be viewed as something natural and that should occur periodically not as something that must not occur at all. Knowledge that risk is an inherent feature of trading enables us to be more prepared to various scenarios with sound psyche.
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Emotion and risk management are what we should always keep in mind because these are the major determination to what we have whenever we are trading, when we are not easily moved or persuaded by what we do and how it related on other things that doesn't not concerns us, then we may also have to consider loss as something we may not have to avoid seeing at all times.
Of importance when trading is that both individuals play a central role of ensuring stability is maintained. There is also less likelihood of running helter skelter with our emotions, especially after achieving a great move or when eying our opponent’s weak point, there is more discipline and less attraction to minor unrelated diversions.
That is why the losses should also be viewed as something natural and that should occur periodically not as something that must not occur at all. Knowledge that risk is an inherent feature of trading enables us to be more prepared to various scenarios with sound psyche.
Exactly, Especially when trading it is important to keep rigid discipline, banish unnecessary temptations to fluctuations and to manage them with stability. Losses are actually part of the process which actually prepares us to face all the situation with a sound mind. The risk which is present is not something that can be considered as an absolute taboo and should not be present at all but part of our trading process.
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You are true that trade needs experience and practice, and we must adjust to our abilities and ideas in choosing a perddaganaga method. I am not an expert in Futures, so I also chose a trading spot because in my opinion it is safer, I lost a lot of capital when trading on Futures.
It is not recommended to trade futures if you do not have good enough knowledge of trading analysis, especially if you only rely on guesswork, it will only be a waste of money.
I also had a lot of losses in futures when I first did it and I was emotionally unstable and more stressed because I had to decide where to take profits and most importantly I had to place a stop loss.
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You are true that trade needs experience and practice, and we must adjust to our abilities and ideas in choosing a perddaganaga method. I am not an expert in Futures, so I also chose a trading spot because in my opinion it is safer, I lost a lot of capital when trading on Futures.
It is not recommended to trade futures if you do not have good enough knowledge of trading analysis, especially if you only rely on guesswork, it will only be a waste of money.
I also had a lot of losses in futures when I first did it and I was emotionally unstable and more stressed because I had to decide where to take profits and most importantly I had to place a stop loss.
I could really say that i do really get involved with trading for a while now but still i cant see myself to deal up with futures trading. There's no way that you could deny that futures trading profit
will really be that too attractive because you could really be able to gain up that huge which you could be able to compare it out to spot trade. You could be able to see up those tons of post
about profits in social media and as a noob then you will definitely be getting hype up on what you do saw and thats why you would really be eagering out on testing such condition.
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I could really say that i do really get involved with trading for a while now but still i cant see myself to deal up with futures trading. There's no way that you could deny that futures trading profit
will really be that too attractive because you could really be able to gain up that huge which you could be able to compare it out to spot trade. You could be able to see up those tons of post
about profits in social media and as a noob then you will definitely be getting hype up on what you do saw and thats why you would really be eagering out on testing such condition.
Honestly, I am not interested in futures trading because there is a trauma in the past, I always lose when choosing this. I prefer to do spot trading, because I have more experience and expertise in spot trading. Everyone has their own expertise, unfortunately I am not an expert in futures trading
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I could really say that i do really get involved with trading for a while now but still i cant see myself to deal up with futures trading. There's no way that you could deny that futures trading profit
will really be that too attractive because you could really be able to gain up that huge which you could be able to compare it out to spot trade. You could be able to see up those tons of post
about profits in social media and as a noob then you will definitely be getting hype up on what you do saw and thats why you would really be eagering out on testing such condition.
Honestly, I am not interested in futures trading because there is a trauma in the past, I always lose when choosing this. I prefer to do spot trading, because I have more experience and expertise in spot trading. Everyone has their own expertise, unfortunately I am not an expert in futures trading
Indeed, Spot trading has provided us with confidence and comfort which is in tandem with the expertise that we developed. Concentrating in spot trading give us more control and confidence which is a good technique in maintaining our steps.
This choice indicates that we see ourselves clearly, and, therefore, understand where we are likely to offer the best in ourselves. In this way we concentrate on the areas where trading is most profitable and at the same time we do not frustrate ourselves with high stress levels while trading.
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I could really say that i do really get involved with trading for a while now but still i cant see myself to deal up with futures trading. There's no way that you could deny that futures trading profit
will really be that too attractive because you could really be able to gain up that huge which you could be able to compare it out to spot trade. You could be able to see up those tons of post
about profits in social media and as a noob then you will definitely be getting hype up on what you do saw and thats why you would really be eagering out on testing such condition.
Honestly, I am not interested in futures trading because there is a trauma in the past, I always lose when choosing this. I prefer to do spot trading, because I have more experience and expertise in spot trading. Everyone has their own expertise, unfortunately I am not an expert in futures trading
Indeed, Spot trading has provided us with confidence and comfort which is in tandem with the expertise that we developed. Concentrating in spot trading give us more control and confidence which is a good technique in maintaining our steps.
This choice indicates that we see ourselves clearly, and, therefore, understand where we are likely to offer the best in ourselves. In this way we concentrate on the areas where trading is most profitable and at the same time we do not frustrate ourselves with high stress levels while trading.
Agreed, This is really where we let go and find our peace and confidence through spot trading something that aligns with the skill set that we are in the process of developing. This gives us more control and confidence over every process we undertake leading to enhanced performance.
By choosing an area that we have a strength in then one will ensure one is productive as much as possible, without necessarily being stressed. It enables us to maintain low rates of irritation or fluctuation which makes it possible to optimize outcomes.
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Honestly, I am not interested in futures trading because there is a trauma in the past, I always lose when choosing this. I prefer to do spot trading, because I have more experience and expertise in spot trading. Everyone has their own expertise, unfortunately I am not an expert in futures trading
That's right, everyone has their own specifications to be able to be proficient in spot trading or proficient in futures trading... futures trading is more difficult than spot trading, because there both the risk and the potential profit are doubled according to the leverage... we are required to have a high level of victory in order to survive in the world of futures trading...
To be honest, I have also failed in futures trading before, and it has taught me a valuable lesson.
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Honestly, I am not interested in futures trading because there is a trauma in the past, I always lose when choosing this. I prefer to do spot trading, because I have more experience and expertise in spot trading. Everyone has their own expertise, unfortunately I am not an expert in futures trading
That's right, everyone has their own specifications to be able to be proficient in spot trading or proficient in futures trading... futures trading is more difficult than spot trading, because there both the risk and the potential profit are doubled according to the leverage... we are required to have a high level of victory in order to survive in the world of futures trading...
To be honest, I have also failed in futures trading before, and it has taught me a valuable lesson.
It is true that failure in future trading will serve a useful purpose of giving us experience which success will never bring us. From each unsuccessful action, it is possible to draw a conclusion by studying market signals and developing a more sophisticated approach. Future trading which has more profit and risk factors than the past trading needs our further improvement of knowledge and abilities in order to get prepared for more challenges.
Each time we come back from failure it brings us something better and more equipped to handle the challenge. In other words, instead of concentrating on winning now, the learners gradually lay the ground for future victory. This has made realise that to achieve future trading it does not just happen on its on but through hard working and constant endeavour towards improvement we are further from our intended destinies.
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To be honest, I have also failed in futures trading before, and it has taught me a valuable lesson.
I think it is essential that you can trade futures, but I advise you to do it with fictitious money first because that way you will have more experience when trading with real money. In futures trading one has to be very surgical with our decisions, we cannot make mistakes and get to the point of realizing why we lost and how we should have avoided it, it does not matter if you have failed, the idea is not to give up, keep trying until finally we can be somewhat profitable.
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Apart from that, is there anything else to consider??
Never pay attention to the topic that suggest you to hold a coin if it's new because new coins are often marketed well in order to get liquidity and once they get enough liquidity then the initial investors continue to dump the coins on new investors and that makes the coin go lower in value overtime. Just focus on the coins that are in trend if you're a meme coin trader but those are quite risky bets. So I would say is to only focus on Bitcoin and some major altcoins if your goal is to make profits without much risk.