Trading Tactics ? - Page 5 - For Beginners - CryptoTalk.Org Jump to content

Recommended Posts

I think that going through the investment experience may be by observing the market, but it takes a lot of experience to choose the currencies that should be bought and to know the right time to sell

Share this post


Link to post
Share on other sites

In the aspect of trading in digital market you have to be self confident and well motivated, however you can make series of research online about trading skills and market strategy which is strictly important as well. Finally before embarking on any trading you can also ask questions here in the forum and I bet you the information you are going to get will be useful to you.

  • +1 1

Share this post


Link to post
Share on other sites

One of the most difficult thing to do is to follow up the power that works perfectly in trading and I thin one of the best tools that yobit has been able to work with is the use of robo trading it eliminates the work in about 70 , all you have to do is to set a trade and continue to wait for the money to roll this is important and we need to find that the tools are easily able to build this up

Share this post


Link to post
Share on other sites

Reading graph is very complex for reading this you have a lot of information dear you try your best to get information from different sources about this then you start your trading

Share this post


Link to post
Share on other sites

Trading is a very huge field, but it is not difficult at all, in order to be a successful trader there are some basics at the beginning which is to know how to manage your capital first, then you must be patient and not rush at all, as for the trading process, you must learn Technical analysis of currencies in order to be able to determine the appropriate entry and exit points for the currency. Of course, you must know the currency project and make sure of its success before investing in it.

Share this post


Link to post
Share on other sites

I agree with you that trading is the easiest way through which you can achieve profits, but it requires you to know, experience, and predict the market and its strategies, and most importantly, you have to do the necessary courses for trading to gain knowledge

Share this post


Link to post
Share on other sites
On 8/17/2020 at 9:57 PM, Apollo Crypto said:

Yes, I just started to enter this kind of platform. I've read some post on this forum. I dont have experience when it comes of trading. Im still confused. Help me to distinguish those factor to consider before trading coins. Crypto seems so deep. I still gathering data and learn new things to understand the nature of the crypto. 

images (14).png

I think, it is experience based skill and to achieve this skill you need a long period of time to examine the crypto world. To understand trading tactics you have to spend time to understand crypto world deeply. 

  • +1 1

Share this post


Link to post
Share on other sites

Trading is complicated as what you believe you studied. I'm now not doing trading but, but I recommend you to invite within the Crypto World Section were speak all approximately Cryptocurrency buying and selling. Because here inside the Beginner Sections, extra on novices about Cryptotalk though you'll get a solution in your query however its minimal.

Share this post


Link to post
Share on other sites

 trading is a very good source of income but require learning from some experts know much on the field trading because to experience more knowledge and idea from them before starting..

Share this post


Link to post
Share on other sites

I'm a biginner in this forum but with the orientation I got here I hope and believe that any moment soon I'll b exposed to all type of trading that will earn me well

Share this post


Link to post
Share on other sites

Hello my friends.  Business strategy is if you want to do business.  Before that you need to invest in the currency in particular but knowing everything about the business by following the rules and gaining experience and then getting down to business.  You just have to be more discriminating with the help you render toward other people.  And then you'll be fine, thank you.

Share this post


Link to post
Share on other sites

best strategy for day trading
Set Aside Time, Too. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Cut Losses With Limit Orders. ...
Be Realistic About Profits. ...
Stay Cool. There are times when the stock markets test your nerves. ...
Stick to the Plan. Successful traders have to move fast, but they don't have to think fast.

Share this post


Link to post
Share on other sites

A ctive trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. The mentality associated with an active trading strategy differs from the long-term, buy-and-hold strategy found among passive or indexed investors. Active traders believe that short-term movements and capturing the market trend are where the profits are made.

There are various methods used to accomplish an active trading strategy, each with appropriate market environments and risks inherent in the strategy. Here are four of the most common active trading strategies and the built-in costs of each strategy.

  • +1 1

Share this post


Link to post
Share on other sites

Gathering data and learning of new things is very important if you were to successful in the field of the cryptocurrency. 

I am also new and I don't know about a lot of things and have a lot of confusion in my mind but I am trying to overcome this confusion. 

  • +2 1

Share this post


Link to post
Share on other sites

Yeah the first thing we need to experience in any term of business is to have great knowledge and contacts the headers that have been in the business for such long time ago and always keeping the reality of the business and indentity away from frauders.

Share this post


Link to post
Share on other sites

Active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. The mentality associated with an active trading strategy differs from the long-term, buy-and-hold strategy found among passive or indexed investors. Active traders believe that short-term movements and capturing the market trend are where the profits are made.

There are various methods used to accomplish an active trading strategy, each with appropriate market environments and risks inherent in the strategy. Here are four of the most common active trading strategies and the built-in costs of each strategy.

1. Day Trading
Day trading is perhaps the most well-known active trading style. It's often considered a pseudonym for active trading itself. Day trading, as its name implies, is the method of buying and selling securities within the same day. Positions are closed out within the same day they are taken, and no position is held overnight. Traditionally, day trading is done by professional traders, such as specialists or market makers. However, electronic trading has opened up this practice to novice traders. 

Active trading is a popular strategy for those trying to beat the market average.

2. Position Trading
Some actually consider position trading to be a buy-and-hold strategy and not active trading. However, position trading, when done by an advanced trader, can be a form of active trading. Position trading uses longer term charts – anywhere from daily to monthly – in combination with other methods to determine the trend of the current market direction. This type of trade may last for several days to several weeks and sometimes longer, depending on the trend.

Trend traders look for successive higher highs or lower highs to determine the trend of a security. By jumping on and riding the "wave," trend traders aim to benefit from both the up and downside of market movements. Trend traders look to determine the direction of the market, but they do not try to forecast any price levels. Typically, trend traders jump on the trend after it has established itself, and when the trend breaks, they usually exit the position. This means that in periods of high market volatility, trend trading is more difficult and its positions are generally reduced.

3. Swing Trading
When a trend breaks, swing traders typically get in the game. At the end of a trend, there is usually some price volatility as the new trend tries to establish itself. Swing traders buy or sell as that price volatility sets in. Swing trades are usually held for more than a day but for a shorter time than trend trades. Swing traders often create a set of trading rules based on technical or fundamental analysis.

These trading rules or algorithms are designed to identify when to buy and sell a security. While a swing-trading algorithm does not have to be exact and predict the peak or valley of a price move, it does need a market that moves in one direction or another. A range-bound or sideways market is a risk for swing traders. 

4. Scalping
Scalping is one of the quickest strategies employed by active traders. It includes exploiting various price gaps caused by bid-ask spreads and order flows. The strategy generally works by making the spread or buying at the bid price and selling at the ask price to receive the difference between the two price points. Scalpers attempt to hold their positions for a short period, thus decreasing the risk associated with the strategy.

Additionally, a scalper does not try to exploit large moves or move high volumes. Rather, they try to take advantage of small moves that occur frequently and move smaller volumes more often. Since the level of profits per trade is small, scalpers look for more liquid markets to increase the frequency of their trades. And unlike swing traders, scalpers like quiet markets that aren't prone to sudden price movements so they can potentially make the spread repeatedly on the same bid/ask prices. 

Share this post


Link to post
Share on other sites

Welcome dear, thanks for your information. Bray before trading, make sure to properly understand the rules and gain full experience and knowledge of cryptocurrencies. Then start trading and be careful in the beginning until you gain an understanding of the trading mechanism.

Share this post


Link to post
Share on other sites

Yes my dear it is right and it is not easy for every one that do trade it learn from the experience peoples. Trading tactics is that you place the order even buy and sell so I say you if you set the order buy then market going down you will loose.

  • +1 1

Share this post


Link to post
Share on other sites

Trading for some is one of the most complicated things in which to invest, since the dedication, perseverance and patience that this requires is not for everyone, one of the tips that is most abundant when entering That world is dividing your capital, if you concentrate it in just one currency you may lose more than you can win, in addition you must look for a group of signals and study the market to choose the best option.

Share this post


Link to post
Share on other sites

Hi members of crytotalk currency I'm new here and want you to help with the knowledge of trade tactic because I want to increase my capital, because I join this platform in order to acquire more and more about the investing and trading

Share this post


Link to post
Share on other sites
On 8/17/2020 at 9:57 PM, Apollo Crypto said:

Yes, I just started to enter this kind of platform. I've read some post on this forum. I dont have experience when it comes of trading. Im still confused. Help me to distinguish those factor to consider before trading coins. Crypto seems so deep. I still gathering data and learn new things to understand the nature of the crypto. 

images (14).png

Exchanging is convoluted as your opinion. I'm not doing exchanging yet, however I prescribe you to ask in the Crypto World Segment were discussion about Cryptographic money exchanging. Since here in the Fledgling Areas, more on learners about Cryptotalk however you will find a solution to your inquiry yet its negligible.

Share this post


Link to post
Share on other sites

Hellow brother i am also new hete and want to know about trading tactics and want to increase my income.i suggest to you that tou have to gain more Knowledge first before do tradin.      

Share this post


Link to post
Share on other sites

You cannot start trading without experience, it is a terrible mistake that will make you loose all of your money. Take a while watch some you tube channels, learn to read the charts, look for reliable coins t invest in and do not invest your coins in new exchanges or deposit them in unknown wallets, and you will be fine.

Share this post


Link to post
Share on other sites

Glo mate I advice you look for a mentor in this field of crypto that will teach you how to trade, you can reach out to senior mates here goes have proven results.

Share this post


Link to post
Share on other sites
On 8/17/2020 at 9:57 PM, Apollo Crypto said:

Yes, I just started to enter this kind of platform. I've read some post on this forum. I dont have experience when it comes of trading. Im still confused. Help me to distinguish those factor to consider before trading coins. Crypto seems so deep. I still gathering data and learn new things to understand the nature of the crypto. 

images (14).png

Trading seem sto be easy but it is actually difficult. I am glad that you are taking opinion from senior members before investing your money in it. I suggest you to study all types of trading and then give it a try.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...