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Babubu609

The most important aspect of trading you need to know

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All that you listed are good aspects trending in the crypto market thank you for the message one have to take risk to get to where one want to,avoid any analysis that will stop at the end of road thank you I have learn a lot 

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Relying on technical analysis is a great way to determine the value of a cryptocurrency and predict its future path. The technical index relies on historical data, although price action analysis can be a very important process. Technical indicators complement the function of fundamental analysis because they mimic past prices and help study future price movements. 

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For me these steps to trade are great, since I am starting in crypto trading and these tips help me to get started in crypto trading, I am going to start using these tips, I am getting addicted to crypto information, every day I am about to look for more information to intruirme and be able to develop well in this area.

 

Thank you very much friend for your advice that you are providing, they are extremely useful for day to day.

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Yes, you are right, no members in this forum did not have much knowledge about trading and investing and the strategies that traders use in this platform , so these know members will be emotionally doing business in this platform and hence gets loss .

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actually you need to know when to do all these things and when you have explained this in your topic so cleanly that means we should follow it

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Crypto trading is the best option to make good money in this market becasue so many people hold their coins but i start trading in the coins and just in a small time i make good money through that coin just to trade on that.


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Your content topic is rich about anything to take in consideration while we're trading. But I will try to resume the most important aspect of trading in four fundamental pillars TPMP, Theory (collect the knowledge about trading), Practice (do the practice to gain the experience), Money (have the money to recover the loses) and Psychology (do the practice about how control your emotion).


 

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The most important aspect of trading you need to notice the trading time because time is the most important thing in what ever you need to do, check the market flexibility, be careful when to invest and whom to invest to

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Hi mate, your post is interesting and your really did what's need. This tips with certainly serve as a guise to every member who want to make investment in this forum especially beginners. One love mate we really appreciate.

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TERM: 

 

Most of trading apps with some sites included which are available to give investors instant access to so much market data with a few taps or clicks that it can cause information overload and make it hard to tune out the noise of every single market move. It can be easy to become addicted to whole day or by time management, price changes and lose its sight of the long term price trend.

 

2.  TAKING UP WITH SMALL RISKS

 

This kind of emotional attitude have being taking advantage in newbies. They are afraid to to loose and mistakenly inserting a huge amount of money while starting a trade which is a very high risk. To all newbies in other to start out, the best and adviceable way to start a trade is to not risk a large amount of your account on any one trading idea. You can only do that when idea turns out to be astray not going as expected, you sometimes have to risk losing a higher proportion of your funds, and this has to take larger gains to get the money back all happened with patient included.


3. TRADE WITH THE TREND

 

One of the most trading lessons was to have knowledge on how trends work and moves on charts this can also persist for weeks at a time and present plenty of trading opportunities, I don't see it a good advice for someone to rush a decision and end up at the wrong side of a trade. Were he loses almost all of his funds because of that.


4. RUN WINNERS & CUT LOSSE

 

All investors can take part in trading and are all capable of making profitable trades more than half the time they spend, but it occurs often if they make some losses they all tend to be having a larger amount of looses than the gains. It is very desperate to consider the most potential part rewarded of a trading position against the risk. Note it is among the best aspect of trading one should include the trading strategy which involves selecting an entry point and setting a stop-loss at a level that offers a high risk/reward ratio. This also is done by Using some technical chart analysis which gives traders indicators that shows signs of the market’s direction which makes the trader to see it easier to identify profitable entry and exit points in the market chart.   

 

5. AVOID ANALYSIS WITH PARALYSIS

 

It's very unfortunate about the trading platforms and for the apps that increases with offer at a range of some analytical tools. Investors at most times offten use a range of technical indicators which includes moving some averages, and moving average convergence divergence and also the relative strength index to help in making trading decisions. 

But in some aspect of trading while using technical analysis it is also valuable, mostly the crowded chart can be overwhelming for most of the investor, with some indicators which is giving out some buy signals while others can also simultaneously keep showing sell signals. This also can make it easier to overthink and make it harder to see what the market is actually doing at a specific time. 

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This are the 5 important tips I got  to share with you all. I would like to recommend everyone to know about this because it has being some.

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It is a valuable set of steps without the slightest doubt, and certainly we must be rational in our decisions taken, move away from hasty reactions and emotion and make our decisions based on study, logic and reason.

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Okay, somehow the above mentioned points will help for doing trade in this crypto market but af first we need to know that how volatility works here and we should have the knowledge about trade view which will helps us to find the prices in the market.

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Carrying out a prior analysis and taking few risks is for me the basis of being a good trader, since we are talking about money and any percentage directly affects our capital, whether positive or negative, therefore we have to play it safe.

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The field of trading is a difficult field, and the person must have a lot of experience and practice a long process, so we must take all aspects into consideration as the psychological problem, as it plays a big role and other things

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We only need to learn the candlesticks and how they work and after that it will be easy for us to earn money from the trading and all the other things are just lie.

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I think there are many aspects that traders should know before starting to trade in the crypto market, especially about what coins to trade on the exchange. What exchange to use and how much capital to use for trading are important things that traders should pay attention to. When I understood this aspect, I thought trading could start.

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Yes my friend you said absolutely right when you go for the investment you should to get the knowledge about the investment how to invest how to send the money and how to receive the money that it will be very beneficial for you in the trading

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Friend it good explanation , make about trading . But you all point is good and valuable.  But i think according to trend is good but sometime which is not working properly people need . so we can take risk and can earn money. It maybe in small . So overall all is important to tradi g and other coin related. 

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You mentioned in your article all the things that are very important for us while trading. If we do not use all these things while trading, then we will not be able to trade. And as you said in your post, give short term trading and Karma trading is also very important for us. It is in short term trading that we have a chance that we can get a lot of profit in a short term trading. 


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Thanks for sharing this valuable information about the trading and I think patience is the key of success in trading therefore we should keep patience in any problem . And we should not have fear to take the risk because we cannot get success without taking risks in trading because trading and investment is totally a risk in the crypto world.

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I have met many people who are trying a lot to help teach others about trading and their own strategies and this is a very cool thing and I hope the beginners will take advantage of it well because it is the future.

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