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nicolas1234789

Strategy for newbie like me

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On 12/31/2019 at 10:40 AM, nicolas1234789 said:

Another strategy that can be use as newbie like me to avoid bad habit, want to try guys?

The best strategy  for newbie  is do not do trading till newbie dont have control as well have enough  capital  to lose in trading Because  some time we do trade with the amount that we cant afford ..  In this case, what will you do??   That is why learn the market strategy, after that put  your capital  into trading.. 

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Your strategy is very helpful. But as a newbie it is very hard to control own greed and emotions. And these two things is very important enemies in the trading world. So if we need to make profit we need to control them first.

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When newbie start work they prefer long term trading  .  This type trading is really nice because there is no great chance to lose money in short term the money will be lost .  Newbie want to earn profit and make their self greedy  .  I suggest to every newbie learn all skills which are needed for trading .  

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On 1/13/2021 at 10:49 PM, Umar 1619 said:

Of course dear @nicolas1234789 you are right

Long term trading is the best trading for newbies. I give a suggestion to newbies always control your emotions during trading and avoid from greedness . Always newbies start trading with minimum amount and also choose top rated currency for trading.

@Umar 1619  your suggestion long term trading  for new members its perfectly right, because newbies do not have well skills to make short term are day trading, these trading strategies so much complicated and only pro traders do these kind of trading, long term trading don't need any skills newbies also earn profit.

Edited by Honny143

 

   

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New members should join this forum and work hard and learn from others. There are many experienced traders who can give us good advice and help us. We can become a good businessman soon by studying and researching from this forum. We must keep trying.

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Actually, for beginners, they should try to practice long-term trading,
As for me, I always try to trade on longer periods, and my deals are more investment than speculation or day trading,
Because that is better for managing emotions.

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The long term trading is best way for nee comer. They will make money in long term trading. Newcomer should plan accordingly how much capital he or she is having in backing. One should make his or her goal and should follow them.

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For newcomers, the first thing they need to know is how to trade and then trade, Because it is very important to know about it before trading. But if you invest without knowing anything, the chances of loss are higher.

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The experience tradors has much confidence on their predictions and different techniques by doing they able to predicted some real ways of thinking is market can be crashing chance or corrections. The experience trader is performed our work properly and get profit easily. 

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Here are some adviced and stratigies for new ones. 

Knowledge Is Power.

Set Aside Funds.

Set Aside Time, Too.

Start Small.

Avoid Penny Stocks.

Time Those Trades.

Cut Losses With Limit Orders.

Be Realistic About Profits.

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Yes this is true and good suggestion, but should they buy a such a coin at the best lowest price, at the moment when they buy it need to check the history price month ago. Then is the best way and option holding it for a long time and selling it at high price.


 

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Most of the new beginners do not have any experience in monitoring the market movement and analyzing prices and in choosing the appropriate digital currencies for trading. Therefore they fall into a lot of errors and losses. So it is better to trade in small quantities in order to avoid large losses.

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On 12/31/2019 at 9:40 AM, nicolas1234789 said:

Trading as a newbie is good using long term period. Long time meaning they no need to check market every hours/ day because newbie has not stable control about emotion, so they can avoid greedy. Another strategy that can be use as newbie like me to avoid bad habit, want to try guys?

As a newbie the best strategy is to buy low price coins and do trade with them. So he start earning in cents then make good practice which give him a analysis practice as well. The newbie will not dace great loss and the investment will grew slowly. Sudden investment in big coins will make him anxious and he will not handle the pressure of fluctuation of coin. 

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Long time are really the preferable option for newbies as they saves you from daily checking of charts and the tension that comes with it.. so b patient and invest in long term

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Strategy for newbies like me are, always consult the professional that has  better experience about trading, keep practicing with a demon account untill you are perfect and sure of yourself, sacrifice your time and fund for the trading.

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Brokers do earn through a trade they have been able to set up between be a buyer and a seller and setting a commission for the transaction

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Try to follow the publications on teaching trading and profit from it through the different strategies, which greatly help in developing the matter for you, and you will notice the difference sooner or later.

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 If you can control your feelings without fear and greed and according to a specific strategy, you will definitely win. First, you must choose the most popular currencies, and also "distribute money to more than one currency, you can store for a long time, and trade in a portion of money with the use of the stop loss feature." 

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Hi dear Welcome to this forum Basically as a new member you must first learn the rules from the initial section of this forum.With the help of valuable posts from experienced people in this forum, you need to create educational posts. Besides, there is no way to copy the posts of others. You have to follow all the rules.

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I think the opposite is true that she opens short operations and learns from it to control emotions, see asset statistics, manage our finances, diversify our finances and hundreds of other things are learned in short, so it is much better to learn of all these things to grow in the market more quickly and efficiently.

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Yes I also suggest long term trading for newbies as it has less risks and You will get the experience of trading as well But If anyone wants to do day trading then They must start with small capital and with stable coins yo get the experience rather than thinking about the profit. Once you learned enough about it you will be able to earn bigger profits as well.

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It is always hard in the begining  and especially when you want to achieve large profit i think that you have to be patient and think to a longer terms do not make fast decisions and risk your trade 

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However, it is completely dependent on the person and there are people who, like me, do not have a lot of patience So, for those who are like me, I assume that short-term trading is the better choice. But, as I previously said, it all depends on the person. since everybody has a personal choice.

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Yes that's true and should take place. New members should practice trading on daily basis to get expert in trading as soon as possible. Trading requires patience and we have to build patience in ourselves if we want to get benefited by the art of trading. 

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