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Pidopelz

HOW TO BECOME A SUCCESSFUL TRADER

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  1. Invest only what you can afford
  2. Don't be greedy, make profits and move on
  3. Don't invest blindy, always do your research before investing on anything cryptp
  4. Don't FOMO( Fear Of Missing Out)
  5. When investing on a coin always look at short term goals and long terms goals 
  6. Always learn from your mistakes
  • Useful or interesting 2

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To become a successful trader you have to understand the things is the main market because trading depends on a market and then do trading for experience with demo accounts 

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actually to become a good trader, I agree you have to follow very specific rules, but there is one thing that few admit, the percentage of world trader who can make a real profit from investments is very little, you have to work hard to achieve certain goals and it is not for everyone, it is a job that wears you out and uses all your mental as well as economic forces, it takes an emotional control that is not for everyone, but if you are convinced that it is the way right for you then go and get to work, just believe in things and sooner or later they will come true.

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If you're using FOMO as a verb, you're just screaming that you're a newbie that's just learning how to trade...and shouldn't be giving advice to other newbies.

 

Also, everything OP wrote is basically common sense.  If you don't know at *least* as much as what he wrote, you've got no business ever trading anything.  You couldn't dumb it down any more if you tried.

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Becoming a successful trader seem very easy and same time it's hard, if you planing to trade you should first have a spare money that you will be using for trading 

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its really need that you invest whats you can afford to lose due many huge risk factor of crypto market.so try to manage very well to your investment.and enjoy this market risk factor.

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11 hours ago, Pidopelz said:

 

  1. Invest only what you can afford
  2. Don't be greedy, make profits and move on
  3. Don't invest blindy, always do your research before investing on anything cryptp
  4. Don't FOMO( Fear Of Missing Out)
  5. When investing on a coin always look at short term goals and long terms goals 
  6. Always learn from your mistakes

Good advice.. Add to it : learn to manage capital. Do not trade all your capital in one currency, but divide the capital into 4 or 5 divisions. This is so that you do not lose all the money in one deal in the event of a currency drop.

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12 hours ago, Pidopelz said:

 

  1. Don't FOMO( Fear Of Missing Out)
  2. When investing on a coin always look at short term goals and long terms goals 
  3. Always learn from your mistakes

These hints are good and a good way to remind us about trading with cautious. It will help us when deciding to go into trading or not.. thanks for the guidelines.

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According to your information it is explain in good way that invest which u can afford easily and take risk but not in high ratio that u may not get back to stable position, and the market analysis is also big factor for being good trader,

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Good tread how ever Education about Bitcoin and crypto can help improve trading success with large or small accounts.  By developing your knowledge of the Bitcoin market and the crypto currency market as a whole, you increase the likelihood of becoming a trader who benefits in the long run.

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This bear market i do not become a successful trader but if market uptrend  i will be succesfull .I increse my eth ony short trade but eth/usdt value down now also i am trying to be a successful trader.

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You must choose your major cryptocurrency that you will always be used it also you must invest only the money which you afford to lose only and trust your trading orders

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For this i lost my 100$ without knowing about this. I can't think about this and invested some coin. Which are bullshit coin. i lost full fund. Which value is now 5$. I am going to fu*k myself.

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A deal is right, because our investment in trading will depend on our money. things and sooner or later they will come true.

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1) keep calm when huge movement and analyse the situation

2) study situation of different coins andif its solid financial and team and no one seems invest in it , so do it and wait lot of people interrest in t

3) When you buy something, have in your head a goal how much you want sell and sell when he goal is reached. 

5) Read a lot by yourself to make own idea about projet and dont believe too much about forum

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There are lot of things which are necessary to understand keep in mind for being successful trader in field of trading and majorly is to do market analysis and beside it you start with minimum investment which u can easily be recovered. 

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On 12/20/2019 at 5:19 PM, Pidopelz said:

 

  1.  
  2. Don't be greedy, make profits and move on
  3. Don't invest blindy, always do your research before investing on anything cryptp
  4. Don't FOMO( Fear Of Missing Out)
  5.  

i think people only need to focus on these 3 tips and they will survive crypto easily because greed always end up with you holding coins until you are in loss, and fomo always make you lose money because the coin will start dumping after you bought it.

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Thank you for your information . mainly before doing trading all should study first about the trading and then need to do it patiently.

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You are right . any one who want to invest need to spend as he afford. for the new bies they need to know about the market first and then should start trading.

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On 12/20/2019 at 6:19 PM, Pidopelz said:

 

  1. Invest only what you can afford
  2. Don't be greedy, make profits and move on
  3. Don't invest blindy, always do your research before investing on anything cryptp
  4. Don't FOMO( Fear Of Missing Out)
  5. When investing on a coin always look at short term goals and long terms goals 
  6. Always learn from your mistakes

This is so true.

I was once addicted to games and it was indeed easy money but the moment you are trapped youll not see whats coming.

You will end up broke.

This is really good to share our experiences for others to avoid greediness.

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In few days that am here in this very helpfull forum.i can say that learning in trading first is the best.write all important notes.always take all the advice as well as the technique in trading

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Points of course correct, but they are already old as the world I am sure to trade well you will have to buy cheaper and sell more expensive, for example, you could buy bitcoin for just 6900 dollars just a couple of days ago and sell it for 7200 now.

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You need good coins for trading, if you are trading with good coins then you must have a good income, and for trading such as itaria coins, bitcoin and BTC coins, trading with them will enable you to do good business, and better.  Success will come in your life.

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the thing you are telling is indeed the right thing, use the money you are ready to give up because there is no guarantee your money will be returned in quick time


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