how to trade well?

[Rewel89]

I really want to be able to trade well, please traders here to be able to give enlightenment to me.

[altcoingamer]

Hi and welcome..

Beginning traders should start here and work through all of these videos:

https://www.altcoinstalks.com/index.php?topic=31706.0

Some rules that I think especially will help noobs are as follows:

1) The only part of a trade you have complete control over is when you hit buy, so this is literally the most important part of any trade.. you can't just buy at any price and have faith over time that it will be okay, because it won't be.  You need to be greedy with your entry into alts from bitcoin (bitcoin is the hedge to losses in altcoins, so only enter altcoins ar absolute prime opportunities).

2) Don't over trade.. don't concentrate on every little % point or sats, noobs tend to overtrade so slow it down.. Any profit on a trade is great, but don't be trying to play every 5 or 15 min candle, you will get rekt.

3) Trade in satoshi value not USD... trading in USD can give you a false sense of security in bull markets... basically everyone goes up in USD value but did your altcoins trades outdo the amount bitcoin rose is the question, and USD ignores this conversion.

4) Don't go 100% in altcoins, always have bitcoin to cost correct mistakes.. I usually always have 50% bitcoin and if i go lower than that as a % I take profits quicker to put it back in line.

5) Take profits earlier and don't trade all in or all out.. use some sort of laddering method where you're never all in or all out, playing both sides of the chart is more fun and less emotional... also don't hold to some perceived year or time in the future as when you will get rich.. This is stupid and a common mistake by noobies.. there are no guarantees in life and thinking you are just gonna hold some altcoin til 2030 and cash out is incredibly silly.  Just take profits where you can, hoping that you get rich because of some wishing well mechanic isn't a strategy.

Hope these help, even if they're a little harsh, these are the most common mistakes I see in new traders.. pair these with the videos from our pinned post and then come back and ask more questions to expand on more in-depth topics.  Questions are always welcome.

[marshmellow]

Actually trading can be done by buying at low prices and selling at high prices. But the difficulty is you have to be really selective about which coins you want. You must know a lot about the future of the coin that you will buy.

[88percent]

One way to start trading in crypto is to invest according to your capabilities. In addition, determine the goals you want to achieve and don't panic when crypto prices suddenly drop. Because when prices fall, you can also start investing.

[Сrypto God]

I really want to be able to trade well, please traders here to be able to give enlightenment to me.

And so, first of all you should understand that trading is not easy
This is not easy money, and you need to understand that this is a great job
First you have to study the systems of market perception, study the basics of technical and fundamental analysis.
After that, using the acquired knowledge, you must develop your own. strategy (system)
Remember - only the system approach allows you to make money on the market
In parallel with the creation of a trading strategy, study risk and money management, without this you have no chance
In addition to all of the above, you must be very disciplined, and clearly follow your system
And only by combining all this you will start making money, but remember, the markets are changing, do not stop in development and always look for new ways and methods

[keyz]

Trading well must understand the concept of crypto work first. You can use a bear market to buy coins. And the key to trading is knowing when to buy and sell. You can take the price difference from buying coins and selling coins.

[Nate11]

To be a successful trader , you need to  have at least basic knowledge about Cryptocurrency market.
You need to shun greed and also set stop loss and take profit when you see, no matter how little.

[laughingburger]

I really want to be able to trade well, please traders here to be able to give enlightenment to me.

You just need three thing to do well in trading they are strategy, risk management and discipline. Out of the 3 the most important is risk management.

[Rektymz]

Buy when prices are medium, and resell prices are moderate. Why should it be like that? Because people will not use coins when they are in the process of going up or in a pump state.

[zilzylian]

Do you want to trade every day, I think you can see some good trading information on some videos and posts that are embedded above. What you do is,
1. Do research on the coins you want to trade, such as new coins
2. Don't panic when you see prices drop
3. take the time to see the exchange exchanges of the coins that you have.
4. Don't risk too much, if there is profit, sell and buy at a low price
5. Make sure you understand how to trade well, which is looking at trading volume before you invest in the coins you want

[Nate11]

Acquire basic Cryptocurrency trading  knowledge.
Do not be greedy.
Buy when others are scared.
Do not follow the crowd.

[pelana vreo]

You have to know the project background of the coins that you want to have, trading is very easy if you understand the movement of coins in the crypto market, all you need to know is that you have to know that there will be risks in every trade, usually the coins change very quickly, buy with low prices on different exchange exchanges, use the arbitrade technique to start trading if you are a beginner

[pragna]

I really want to be able to trade well, please traders here to be able to give enlightenment to me.

Very good to see this. If you want to well trade you have to select good tokens from coinmarket cap. You also have to keep your eyes on tokens which roadmap is well and market volume is also good. I suggest you short trade in this market  condition. BEst of luck.

[laughingburger]

Buy when prices are medium, and resell prices are moderate. Why should it be like that? Because people will not use coins when they are in the process of going up or in a pump state.

Your idea seems interesting but do you have a specific guidelines that you adhere to so that you can ensure that your win ratio is definitely greater than what you might be losing.

[kenning]

I really want to be able to trade well, please traders here to be able to give enlightenment to me.

To trade well can be very easy just don't let your human emotions be in charge of your trade, be like a robot and slowly tweak your trade to what you are comfortable with.