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iloveyobit

Becoming a successful trader with easy tipes

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On 6/26/2020 at 10:47 AM, iloveyobit said:

In order to control feelings during any transaction or in the market in general, you must divide the capital because this is the most important factor for the trader , In addition to this, you can use such advice on the market :

 

 

  • dont put  all your eggs in one box .
  • invest only what you are ready to lose.
  • dont trade using your emotions .

Please ask questions in the posts  and I will answer you.

Nice one thanks for sharing this wonderful tips and idea on how to be successful in starting trade or investment especially in the crypto talk currency exchange market and I hope we would have people like you who will always be increasing us in knowledge and experience all the time

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No trading j With easy steps, trading is very tiring and needs a lot of work. I think it is the hardest thing to do These days it is trading because the market has reached great limits and rose in a farcical way and this is more than strange

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I really like all the point you mentioned and in fact I understand you well,  but the only thing I would like to add to your point is the issue of seeking guidance from the senior members who are well experienced in the cryptocurrencies market,  because when we decide to do everything  ourself,  then we might do it in the wrong way. 

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Hello friends, trading is not an easy task, an overwhelming majority of beginner traders lose money, it is advisable to start with small amounts to test the waters, another thing you should also think about is your trading strategy, there are many possible ways to follow when it comes to winning. money in the financial markets depending on the time and effort you can dedicate to this company you can choose between many different strategies to achieve your financial goals.

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On 6/27/2020 at 12:14 PM, Sujon Ahmed said:

To be successful trader you need to learn more about trading before start trading.You should always choose right and profitable coin for trading.You also need more patients in trading.

That's a good point you made mention of, because despite the point he mentioned, still there is need to have a proper background knowledge of trading and investing before starting, infact knowledge in those areas is the basics of success.

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I would like to ask you some questions about the best platform for investing in your opinion, and what are the indicators that you rely on to read the price graph, and also what do you advise to follow strategies for me as a beginner ? Thanks.

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Really thank you for these tips. As a beginner, I collect such advice before entering into the trading field in order not to lose capital. With members like you providing their expertise, we will advance and develop, and this forum will be the first in the world. Thank you .

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Obviously never use your emotions during take decisions .you shared very true information because if some one follows your mentioned rules ,his risk of loss minimize.One thing I will add here if you trading just put that amount which you can afford to loss.

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Yes you are absolutely right. In here for trading or invest there are many risks.So,we don't want to invest coins a section.First we want to learn about it and then we want to invest coins for get profits. 

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Yes mate your advises are really perfect. People need to get this like advises so they can succed their trade in a good way so thank you for this inspiration. We should follow this things.

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This is true. The cryptocurrencies must be distributed on more than one thing, because if we lose we will not lose much. And when using cryptocurrencies, we must have a strong heart and not rely on feelings too much.

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Thanks for sharing your experience with us the beginners. Its important we should not put all our eggs in one basket, we should diversify our investment, and we should always invest what we can lose. I really learn from this topic. 

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Hello brothers I think that if we want to become a successful trader then we want to do his work with a plan and rules then we can become a good traders.we keep hard work with patience and regular then we can become a good trader.best of luck.

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These three tips are fundamental when trading cryptocurrencies, we should always diversify our funds, invest only what we are willing to lose and we must be ice-cold so that our emotions do not damage a trading operation. If you follow these wise tips you can be sure of success.

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Thank you dude for sharing information for trading.all are very efficient advices for profit.we should make trade advisely instead of being greedy.

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Anyone who needs to become a successful trader will have to apply those steps. Because it will be very helpful and We have to invest in different places so that we can escape losing all our cryptos when hackers will hack that exchange, and we also have to invest an amount that we can afford to lose anytime

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What a nice post you've came up with Friend,actually our sentimental behavior towards tradings and investment is making us to fail at times,also some people do desperately invest huge amount if money without thinking of the risk of doing such, I suggest we invest what we can afford to loose,and also take things gently

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It is not very easy to make money with trading because of how volatile the market is. So it would be best if you are very careful before making any decisions. You need ensure to learn all that there is so as not to lose big.

Edited by othmanmosaic2

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Well said! i really appreciate your efforts keep educating our beginners. I especially liked your first point that not to put all egg in a single try in order to avoid it from loss all at once. 

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I agree with you. We must divide the money into several things in order not to lose everything at once, and the field of investment needs a little boldness and risk, as it tolerates both sides of profit or loss, and we must be prepared for everything.

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The most important thing in trading is managing capital so that we do not lose all our money suddenly, and if we divide the capital, this helps us to achieve more profits.

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Hay mate thanks for this tips. Your all points are true. If f you want to become a trader then follow this tips. These are helpful tips get benefits from this tips.

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Very good your publication friend, and totally true we should never invest money for ambition, we should only invest what we are willing to lose and never operate being carried away by emotions because emotions are our worst enemy that can lead us to lose everything. 

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I might need to posture you many request almost the leading organize for putting assets into your evaluation, and what are the markers merely depend on to examine the esteem chart, and besides what do you energize to take after techniques for me as a learner ? Much obliged.

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Thank you, my friend, for these valuable advice, and I hope that all members will publish such topics. Personally, I completely agree with you. We do not have to invest in one place, but rather we must divide our investments on more than one side.

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