Understanding how a simple trade works

[koussai999 1986]

I think that using a simple strategy with strong management of capital and also with controlling feelings is much better than using complex strategies that in most cases are failed strategies and have no meaning

[CryptoMaxim 3829]

On 10.02.2020 at 12:36, Ovis25 said:

There are many advise go traders but my advice to you is that of patience, this is the major key to trading, to be a good trader you have to put patience as the first option.

You are right, patience is one of the main factors of successful trading. If I am stressed when trading, I trade in this case for a small percentage of profit. Transactions happen several times a day, but without nerves.

[yuwira 0]

it is straightforward and simple so that you can include all the trading strategies in (TA) technical evaluation. And is this mental (FA) essential analysis, I suppose this isn't always easy trading, it has specific ranges, it took me numerous years to examine all of this. easy buying and selling is how they express their evaluations without problems and may be understood.

[Honny143 13612]

In trading always try to use our own strategy because when we loss but also it's a great lesson for us, but don't leave the other traders strategy because first learn some expert traders strategies, because its help to learn how to use trading tricks, then improve our skills regularly maybe some times we face  loss, 

[Brushless4500KV 4214]

A simple trade is done by choosing a coin, buying cheap and selling at expensive price. This is what most traders do but not all of them will succeed. A true trade is beyond buy and sell. A clever trader doesn't care whether the coins are cheap or expensive. What he cares about is finding positions. A good position between two cheap prices can be more profitable than an awkward position between two expensive values. For example, between $4000 and $5000, you can choose a position of $4500 and make $500 profit but between $9000 and $9200, if you choose $9000, you can only make $200 profit.

[malik6314193 5449]

Yes i agree with you. High investing in trading lead you to high profit from it and low risk of losing your money. Patience is one of main thing in trading. You have to patient while trading. If you are going in loss just hold your nerves and wait for price up. 

[BTC Future 3946]

On 5/11/2020 at 7:31 PM, Jessica Karren said:

Agreed, trading always looks very easy if you read about it in words but it's not that much simple, when you actually doing it then you will realize how difficult it is. It really required a lot of skills and hardwork. Your experience also matters a lot.

Indeed, in words all is easy and we are all perfect traders, when the moment of decisions and taking risk comes then all is different. It is not easy at all and does require a lot of conviction and skills to succeed in trading. Also the same goes for investing for the long run, which does require to take correct action and not blindly invest as probably this will happen at a potential top price which will increase the risk.

[Raqeebzy 6456]

On 2/8/2020 at 5:18 AM, Rosaline149 said:

The steps are pretty much clear like A B C. You need to first create wallet. Buy your desired coins or tokens in the very cheapest rate, hold that tokens/coins you just bought with the huge patience and sell them to expect profit once the market price reaches the peak. 

I can't stop laughing after seeing your comment. I believe if it is as simple as you mentioned, you could have become a millionaire by now. Definitely, I can see you are a not a trader neither have you experienced it. You need to study more, don't even try trading with this your believe.

[George10 9932]

On 10/20/2019 at 3:09 AM, Keith700 said:

If you enter a major support you have a 90 chance that your trade will be successful, mix this with the idea of managing your patience because to operate a market that is usually chaos, first operate your psychology and financial education, practice all possible strategies without many complications, the more simple and objective your way of operating your trade will be simple but effective.

You are correct in your advice it's true we must also work on acquiring more education in trading and having patience is a good thing that a trader must have in order to make right decisions on opening trades in the market and how to control them.

[Upright 2688]

Common Sense on every trade hike is what really pays the actions, as just jumping into a trading zone just barely at times just perish and it doesn't. But as trading on technical analysis will usually need on the grants to understand on how markets operate and value resistance and sushi...

[Magnom 0]

This is really the "simple" trading! But becoming a successful trader isn't easy as it sounds! Especially in this cryptocurrencies trading world and because of the strong competition between the whales in the market!

[BitcryptoHan 2557]

On 4/22/2020 at 5:39 PM, Majeshi said:

Trading forex is a good business because it has a lot of profit and its a business that has many users because its profitable when you will understand it. There are many things to learn before starting this business so that we can get success with it.

Forex could be so detrimental, but if done well it is not. Daily force trading is so risky to the extent that beginners and even some professionals can go broke. So, the many things you said should all be learned and patience is a master key. 

[DreamStage 2105]

In my pov (point of view) trading is more clear than what OP said:

 

Basically to understand trading you have to understand prices are not fixed thus change over the course of other buyers and sellers.

 

Those set up their prices which then set market's price as sort of.

After that the price shown to you is the one that was set previously or the one you set as a mark.

[MrGox 880]

Thank you for giving good advice about trading, but in my mind if anyone doesn't try his knowledge in trading, it is useless. l mean it is so necessary to learn basis trading and then use this knowledge while trading. 

[Zaino34 0]

Trading can be understood simply by understanding the mechanism of buying and selling and the movement of currency rates in the market by knowing the market analysis and choosing the appropriate time to carry out trading operations.

[MrGox 880]

On 11/3/2019 at 6:58 PM, iloveyobit said:

you make it so easly haha , but its not easy to understand just with words , new traders have to get experience , first they have to learn trading basics and second they have to try it in the market .

You are right my dear, it is not so easy to understand everything about trading. Firstly it is needed to learn basic knowledge about trading as you mentioned and then use them, without using this knowledge it will be useless. 

[Crypto123 0]

1 hour ago, Zaino34 said:

Trading can be understood simply by understanding the mechanism of buying and selling and the movement of currency rates in the market by knowing the market analysis and choosing the appropriate time to carry out trading operations.

Yes, it is true that understanding these matters is very necessary to understand trading, but I think it is not enough, there are many important things that must be known in trading, but the practical experience remains the biggest milestone if you do not implement trading in a practical way and make mistakes, you will not learn.

[iloveyobit 6599]

34 minutes ago, MrGox said:

You are right my dear, it is not so easy to understand everything about trading. Firstly it is needed to learn basic knowledge about trading as you mentioned and then use them, without using this knowledge it will be useless. 

This matter applies to all areas and not just trading, you must first know the basics for each field and then start experimenting and gain experience and everything will become easy with time.

[Whited35 15285]

Own trading strategies always play a vital roles to get success in the cryptocurrency tradings. Some traders try to perform an active tradings but get failed to make analysis properly so technical analysis is a key in the most of the cases. 

[Hala99 370]

For a simple trade, all you have to do to watch the market when it’s fall (there’s a lot of signs) then buy it .and of course sell when it’s high.

[BitcryptoHan 2557]

5 hours ago, Shahrukh hassan Sourov said:

Trading volumes are very high where there is a better chance that your order will be fulfilled but on some exchanges you may never fulfill the order. The simple rule of business is to buy at a lower price and sell at a higher price. .Find the right time to buy and sell at a slightly higher price for some profit.

About trading volume, you also need to know the market volume of the coin you want to trade. I do noticed bitcoin and strong altcoin trading is easy to fulfill than shot coins and less strong coins. 

[Tatiana 540]

I am new in trading and I lost a lot in the beginning. With time I understood my mistakes and now I try to think twice before to make any sharp move. The main point is to think about the final goal, that's my conclusion. 

[magd 5231]

The simplest trading in my opinion is doing arbitrage between two famous currencies that you will not need to wait much to take profits and you will have a great opportunity to profit and with the progress of time then this trade can be developed and there will be no problem by following patience and storing for long periods

[pablomarwan 3082]

To become a merchant you do not have to possess these characteristics that he talked about or be professional in dealing with them. I have a biography about a person who started trading with $ 300, and he now has about $ 200,000 in a few months, and that is by relying on indicators that measure trading volume today and was not dependent on news, close-up, and other things. Here I want to point out that with your mind you can earn a lot

[Sugibengi 390]

On 10/20/2019 at 8:09 AM, Keith700 said:

To understand a trade in question, it goes first from a technical analysis, this means that simplicity is in what you find, supports, resistances, volume, intention and tendency of the market, which tries to transmit the market.
If you enter a major support you have a 90 chance that your trade will be successful, mix this with the idea of managing your patience because to operate a market that is usually chaos, first operate your psychology and financial education, practice all possible strategies without many complications, the more simple and objective your way of operating your trade will be simple but effective.

I agree with you, understanding a simple trading plan is very important, because for time efficiency sometimes the moment of price increases is very fast, for that simple strategies can be applied if we understand the existing trading road map, patience is also very. important, because if we are impatient then the trade will be chaotic.