Have A Reason For Every Trade

[Miladelpo 136]

 

Enter a trading position only when you know why you’re entering it, and have a clear strategy in mind.
Not all traders are profitable since this is a zero-sum game (for everyone who benefits, someone else loses on the other side). Large whales drive the altcoin market – yes, the same ones responsible for placing huge blocks of hundreds of Bitcoins on the order book.

The whales are just waiting patiently for innocent little fish like us until we make trading mistakes. Even if you aspire to trade daily, sometimes it is better to do nothing instead of jumping into the rushing water and exposing yourself to substantial losses. There are days when you only keep your profits by not trading at all.

do not let your mind be defeated with this FOMO.. 🤔🤔

[Miladelpo 136]

5 hours ago, Luv4me said:

Not all traders are profitable actually, they gamble with the market, Because each of their trade, doesn't have a plan or strategy

yeah your right. some are only depending on their hope not by doing analysis and only enter if there is a potential entry.. 

[sdsonjoy50 886]

I do trading, to earn money, and I prefer trading long-term, because I have a lot of risk, and day trading, but the amount is less.

[bentayebsalah 2280]

Trading requires a lot of experience in analysis and patience and not to rush to make decisions and self-control and not greedy

[Naga 1250]

i think most of us have the same reason to invest in crypto currencies which is to make more money,  thats the reason why there is now more than 60 million traders around the world.

[Sagor 500]

I am here in the crypto market for making money. i do trading to make profit but there are many traders who are not patient when trading thats why some times they may loss.

[Akbor 1042]

I am here in crypto trading to make a profit. many trader loss their asset when they cant predict about the market condition but I hold my coin when the market goes down.

[crypto1 62]

You are right in saying that every trader should have a very good reason to open any trading position. Trader should try to have good market analysis before opening any trade. 

[Sohel Rana Sazzad 453]

Yes there is a time for trading at which time trading is best and there is a lot of demand.  And at that point you can make a lot of profit.

[nicolas1234789 2566]

Every one has reason for something, sometimes depend calculation and sometimes depend faith. To face market we need both, reason and calculation. Thia is only about mindset and attitude, take enough preparation to face market risk. I get your point and thank you.

[avatarkiyoshi 270]

Silence is gold, this proverb is very suitable for small fish when the whales play prices in the market. Well take the right decision when open trade is needed, besides to being mentally consistent and disciplined in dealing with market movements.

[dinabolt 514]

Reason created from wise calculation, realistic target as goal will replace on the right point. We should have knowledge to start everything because if we using only optimist is similar like gambling. Trading is not gambling, this is your future and must reach before something bad happen in bitcoin market.

[Yanadia 1517]

Ambition to get large profits in a short time often makes a trader open a transaction that is too large.  In fact, behind the huge profit potential, there is also a risk that is no less great.

[alexisfuentes 2130]

The main reason is that we should all trade if we have crypto assets. We have to differentiate when we do it to make a profit or do it simply because we want to change the cryptocurrencies.

For example ,the promotion pays for post (CryptoTalk.org) Many want to change their satoshi  to other crypto like doge, LTC, XRP, etc. that is my case to have a reason to trade every day.

[Ms.o 3322]

On 12/19/2019 at 11:31 PM, Miladelpo said:

 

Enter a trading position only when you know why you’re entering it, and have a clear strategy in mind.
Not all traders are profitable since this is a zero-sum game (for everyone who benefits, someone else loses on the other side). Large whales drive the altcoin market – yes, the same ones responsible for placing huge blocks of hundreds of Bitcoins on the order book.

The whales are just waiting patiently for innocent little fish like us until we make trading mistakes. Even if you aspire to trade daily, sometimes it is better to do nothing instead of jumping into the rushing water and exposing yourself to substantial losses. There are days when you only keep your profits by not trading at all.

do not let your mind be defeated with this FOMO.. 🤔🤔

I agree with you, that's why emotions should handled with care, mostly are getting rekt because of fomo. We have to be wise and know how to properly deal with it to avoid getting loses,and set aside all bad things especially being greedy otherwise your trading mood will get ruin,enjoying the market will help you get higher chance of gaining profits,

[Zues 1069]

As a trader we want to focus on earning because every trader wants to have a good quality of profit but it depends on the knowledge and skills of a trader.

[sazzad925379 128]

Of course I think there is a certain time for each trading, which can make more money in a short period of time by trading.

[Rasheed 76]

On 12/24/2019 at 4:51 PM, laska smrtici said:

A successful trader is one who trades according to a careful analysis and does not trade randomly, because that will cost a big loss

Well said dear, The successful trader who trades with careful, all members including me not actually analysis the post, and also not better knowledge for the trading due to that bear big loss.

[talo122 735]

You made a very good Point, not just entry rules are important also exit rules are very important, good Trader will know when to enter and when to exit. 

[Balegi 112]

On 1/19/2020 at 4:46 AM, Utsha said:

Actually trading is very profitable with the others. For this reason now people trade their bitcoin. In my opinion yobit is one of the best exchanger for trading.

You might be right, but with no justification how can I or others believe with what you said.

Please what are your reasons to stand out YoBit above other exchange.

[febriyana 934]

Yes that is right. That is why this month i am very hard to decide what coin i need to trading. Most cryptocurrency where i think have good project is still expensive, that is because Bitcoin price going up time to time. In one side i am really happy Bitcoin can increased again in the price. So i just keep holding my Bitcoin than i going to trading with wrong coin.

[BTC Future 3946]

Great post OP. Another good advice I was given is to always take profits. This is the reason you are trading in the first place. If you don't take profits you will probably end up losing. Still if there is a huge wave and you see potential you have to take your chances. 2017 was like that. Hold and wait for the top. You will never find the absolute top or bottom but you will be able to exit with lots of profits in case of a parabolic move.

[Brushless4500KV 4214]

We should not involve ourselves in complicated situations in trading. I avoid any trade when anything seems unusual and entering the market seems risky. Sometimes market trends becomes so complex and strange that no one can predict what will happen next. The best thing to do in these conditions is to stop trading and wait for the market to stabilize again. You should only start trading when the direction of the market is obvious and there is a good position for your investment.

Edited February 3, 2020 by Brushless4500KV

[iloveyobit 6599]

The content that I considered in your topic is very important, the trader should not allow his feelings to overcome it, but I did not understand what the title related to the topic.

[Sasaki 171]

It's true that before you enter or try to do crypto to trading you must have enough knowledge about it and in addition you must know how the market works, so if you do it you will not regret what ever happens.