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Author Topic: What are the main things to keep in mind while trading  (Read 1915 times)

Offline milewilda

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Re: What are the main things to keep in mind while trading
« Reply #45 on: October 31, 2024, 06:11:45 PM »
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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Re: What are the main things to keep in mind while trading
« Reply #45 on: October 31, 2024, 06:11:45 PM »

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Offline satpol_PP

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Re: What are the main things to keep in mind while trading
« Reply #46 on: October 31, 2024, 10:13:53 PM »

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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Re: What are the main things to keep in mind while trading
« Reply #46 on: October 31, 2024, 10:13:53 PM »

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Offline pieppiep

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Re: What are the main things to keep in mind while trading
« Reply #47 on: October 31, 2024, 10:22:11 PM »

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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Re: What are the main things to keep in mind while trading
« Reply #48 on: November 01, 2024, 01:10:25 AM »

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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Re: What are the main things to keep in mind while trading
« Reply #49 on: November 01, 2024, 03:45:16 AM »
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.

Offline MRY

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Re: What are the main things to keep in mind while trading
« Reply #50 on: November 04, 2024, 10:37:08 PM »
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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Offline LUCKMCFLY

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Re: What are the main things to keep in mind while trading
« Reply #51 on: November 08, 2024, 12:27:51 AM »
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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Re: What are the main things to keep in mind while trading
« Reply #51 on: November 08, 2024, 12:27:51 AM »


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Re: What are the main things to keep in mind while trading
« Reply #52 on: November 08, 2024, 06:57:47 AM »
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.
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