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andreitah1820

What do I need to trade?

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It's true and You should make a good strategy or plan that when to enter and when to exit either it is for long term or short term trading.Simply You can explain it that buy a currency when its price is going down and sell it when the price rises but for this you need to have a good observation about the market and the coin in which you are interested.

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On 10/5/2020 at 12:33 AM, andreitah1820 said:

To operate effectively with the Hikkake pattern we do the following:

First we wait for the breaking of an inner candle to fail.
Then we start to enter once the traders who entered during the failed breakout start to exit their positions.

You have to have money first to trade because you need a lot of money to trade.You have to be patient to treat because no one can tell the price of the market price so you have to work patiently.You must learn to trade before you can trade.

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This is one of the trading ideas, but trading needs much more than that, technical analysis contains tens of details that must be paid attention to, the matter is not so simple, some training and experiences will help you gain experience.

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It is just one of the dozens of patterns that can form in the cryptocurrency chart, but whoever wants to trade is not enough to know this model alone, the trader must know all the details of the chart and understand the currency’s movements well in order to be able to make the largest possible profit from it.

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 People always  think  trading is like buy coin in low price and sell in high price  but the trading Isn't  mean that actually  because some time you need to predicted  any coin price for one hours and in this case  you must need to have the basic knowledge, strategy  of trading  which mean understand  the market movement  chart.. 

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Definitely you should have some funds to start trading. Also you should have desire to earn and learn. You should learn at start. You should have some money at back. Do practice with patience at start. 

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I do not share the thinking of people who say that the first thing you need is money, I consider that the most important thing in the world of trading is to learn a good system from a person who has results and has years doing it, or as I do, I am in an investment academy for a year now where I have been learning as if I were in an opportunity. What you need to trade is to learn a good strategy and be consistent with it.

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Being a successful trader you must have a great plan about your future trading , you should mange how can you become a successful trader and main thing for best trading is patience , inspiration and focus on your goals. Never be disappointed from the ups and downs in your way. Be a good trader and start from small level. Good luck 

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All you need is good decisions to make deal in best time for get profits. You can analyze graphics and candles to determine the price of currency and best time for buying 

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Do you mean trading on breakout?
It is a common trading pattern, waiting for a break and then entering a trade,
However, beware of false breakage of the financial models being traded on.

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For trading the first thing you should have is a good knowledge about trading, stock market, investment i suggest you to learn pros and cons from paper trading and then start trading penny stocks they are available in a very less price and they are best thing to start trading and you have a less risk to loose alot of money

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It is not possible to rely solely on one form of analysis to take deals,
The analysis and its types must be diversified and the chart must be read completely before a decision is taken.
For me, I think you need experience and time to analyze the market and currencies and find out what currency is best and what time is best to enter in a trade.

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On 10/4/2020 at 8:33 PM, andreitah1820 said:

To operate effectively with the Hikkake pattern we do the following:

First we wait for the breaking of an inner candle to fail.
Then we start to enter once the traders who entered during the failed breakout start to exit their positions.

Trading needs knowledge and enough capital of about $100 or above and making new strategies is also important using the indicators available there at trading platforms but currently I'm curious to know how the hikkake pattern works can someone elaborate more on this one thanks.

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What you need to work in trade is the appropriate experience that enables you to understand the market you want to enter into, and thus understand its economic movements, of course, that you have the necessary patience because the results need time, and you stay away from taking steps with us based on feelings.

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