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The best rules for succeeding in trading

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In trade there is no guarantee for success, but there are important things that must be considered. Don't be emotional when you trade and analyze the coins you want to buy.

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to succeed in trading you should use technical practices long term strategies, you should start from small amount,you must have more powerful  knowledge to success ed trade ability to reduce risk management    

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1 hour ago, Shakil8098 said:

Trading is good idea.but many man lose trading because they don't know rules of trading.when this market is so high trading is best time.now trading is best time.

If one does not know the rules nor the strategies for trading, better just deal with investments and holding.

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On 1/21/2020 at 6:23 AM, Migo said:

These are good tips to follow when anyone wants to enter trading field, because there is a lot of problems that you will face if you don't have enough experience, the newbies in this field must read this topic to benefit from what you said and use those tips in their trading life

Never sell your currency when losing this is the basic block of business transactions. And before buying a cryptocurrency, read the history of the currency carefully. Learn about the use of basic technical and analytical tools. Portfolio management is also important.

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Thank you for the good post. As I am a Forex Trader as well, I am strongly agree with you the rules you mentioned. Patience is also one of the most important factor in trading. may trader can't hold a wining trade for the targets they exit in fear. and they holding a lossing tarde for days. 

So, I will say hold your winner and cut your loosers. 

 

thank you.

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I always read a lot of stuff about successful traders in crypto trading and most of the are always saying to achieve something and be successful in crypto trading, never be greedy and always be wise all the time. 

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On 1/21/2020 at 12:59 PM, Ms.o said:

This is very nice guide for everyone. Being successful in trading requires discipline,and setting goal to avoid or lessen loses. Dont just enter world of crypto because of greediness or the will to get profits.

Learn about the use of basic technical and analytical tools. Portfolio management is also important. Newbies in this field have to read this topic to benefit from what you have to say and use advice in their trading lives.

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On 1/20/2020 at 6:15 PM, Nezar said:

How are you? I will share with you the most important rules for me to succeed in the exchange process

...................................................................................

●First: You should not listen to the news of the owners of the coins themselves, and analyze and trade them yourself

 

●Second: You must be disciplined in your trading, disciplined in stopping the loss, disciplined in the business plan, disciplined in setting your goals for your deal.

 

●Third: Liquidating your deals means reaping your profits from deals on big moves

 

●Fourth: Knowing the correct news from the false because most of the news is promoted through large whales to affect the currency market.

 

●Fifth: Reducing risks through diversification during the exchange process, meaning that you do not focus on one currency. Work on more than one currency

 

●Sixth: You must follow a plan and stay away from following your feelings

 

Seventh: You must develop a plan for entry and exit

 

Eighth: Turn the capital and includes the distribution between currencies as mentioned previously

 

The discipline is my most important rule because it is the key to successful trading

I hope this topic has benefited everyone, especially beginners

 

 

 

I agree with your opinion on this and the best tip is to have the knowledge and experience of trading in the marketplace of cryptocurrency  so as to avoid lose of your money 

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On 1/20/2020 at 6:15 PM, Nezar said:

How are you? I will share with you the most important rules for me to succeed in the exchange process

...................................................................................

●First: You should not listen to the news of the owners of the coins themselves, and analyze and trade them yourself

 

●Second: You must be disciplined in your trading, disciplined in stopping the loss, disciplined in the business plan, disciplined in setting your goals for your deal.

 

●Third: Liquidating your deals means reaping your profits from deals on big moves

 

●Fourth: Knowing the correct news from the false because most of the news is promoted through large whales to affect the currency market.

 

●Fifth: Reducing risks through diversification during the exchange process, meaning that you do not focus on one currency. Work on more than one currency

 

●Sixth: You must follow a plan and stay away from following your feelings

 

Seventh: You must develop a plan for entry and exit

 

Eighth: Turn the capital and includes the distribution between currencies as mentioned previously

 

The discipline is my most important rule because it is the key to successful trading

I hope this topic has benefited everyone, especially beginners

 

 

 

Great post you have here brother all those eight advice is really helpful to start trading with safe way and dont make a lot of mistake and by experience you will développe new skills 

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On 1/21/2020 at 1:15 AM, Nezar said:

How are you? I will share with you the most important rules for me to succeed in the exchange process

...................................................................................

●First: You should not listen to the news of the owners of the coins themselves, and analyze and trade them yourself

 

●Second: You must be disciplined in your trading, disciplined in stopping the loss, disciplined in the business plan, disciplined in setting your goals for your deal.

 

●Third: Liquidating your deals means reaping your profits from deals on big moves

 

●Fourth: Knowing the correct news from the false because most of the news is promoted through large whales to affect the currency market.

 

●Fifth: Reducing risks through diversification during the exchange process, meaning that you do not focus on one currency. Work on more than one currency

 

●Sixth: You must follow a plan and stay away from following your feelings

 

Seventh: You must develop a plan for entry and exit

 

Eighth: Turn the capital and includes the distribution between currencies as mentioned previously

 

The discipline is my most important rule because it is the key to successful trading

I hope this topic has benefited everyone, especially beginners

 

 

 

This is a very helpful things to everyone here in the forum bro. Thanks for this advise and tips. I wish there are more things beneficial in the future that you can give a lot to all community here in the forum. Good day to you and God bless.


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Yeah i agree with you, in trading we are should patient for waiting buy or selling signals, and must discipline to cutloss losing trade and take profit when in profit, thanks for sharing this helpful post mate. 

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On 1/20/2020 at 6:15 PM, Nezar said:

How are you? I will share with you the most important rules for me to succeed in the exchange process

...................................................................................

●First: You should not listen to the news of the owners of the coins themselves, and analyze and trade them yourself

 

●Second: You must be disciplined in your trading, disciplined in stopping the loss, disciplined in the business plan, disciplined in setting your goals for your deal.

 

●Third: Liquidating your deals means reaping your profits from deals on big moves

 

●Fourth: Knowing the correct news from the false because most of the news is promoted through large whales to affect the currency market.

 

●Fifth: Reducing risks through diversification during the exchange process, meaning that you do not focus on one currency. Work on more than one currency

 

●Sixth: You must follow a plan and stay away from following your feelings

 

Seventh: You must develop a plan for entry and exit

 

Eighth: Turn the capital and includes the distribution between currencies as mentioned previously

 

The discipline is my most important rule because it is the key to successful trading

I hope this topic has benefited everyone, especially beginners

 

 

 

Yes,  I agree with this tips you made mention of but the best for me meet old traders in the community so they can guide you on the skills and knowledge 

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15 hours ago, opalun said:

You are right we must keep and store monetary forms this period since they will be a tall cost amid the coming period Thank you for your conclusion

You are welcome brother we all here to learn and have new skills to share with us 

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On 2/21/2020 at 1:25 PM, Saeed U Rehman said:

Having experience and as well as tricks are most important points to succeed in the trading. There hardworking is also an important point in trading

Tricks? what do you mean tricks, what kind if tricks can be applied to trading?

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7 hours ago, niwakel said:

I think there have no rules for exchanging. But you must be require exchanging step by step. At that point you'll effectively exchange your coin.

It's not about the rules but it's about experience if you collect many experience in trading you can succeed in ant trade and any exchange without any problems 

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On 2/21/2020 at 6:05 PM, fatihazouaoui said:

The best rules for succeeding in trading for me are:
strong risk management strategy
strong market analysis background
keeping updated on crypto market event
try to work with your mind not emotions
work with money that you are able to lose  and good luck .

You are right and i wanted to add more in your best rules like dont ever be greedy in crypto trading because that is one of the major reason why a person lose.

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I am not getting the details what type of trading term are you trying to prefer? Short term or long term?Both options needs the separate way and vision to succeed. If you have small budget to invest, I advise you to go with the short term. 


 

 

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On 1/22/2020 at 6:11 PM, Maraj77 said:

Find real coin for trading is the best rules. Because there are many crypto coin. But before trading we must be need to find right coin

And another rule you should set to yourself is making sure you gain the experience and knowledge about trading before you join to avoid lose of your money 

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11 hours ago, chaumera said:

One of the finest rules for exchanging is choosing the correct coins. I think on the off chance that you'll select the correct coins at that point you'll be able be fruitful in training.Hey no you'll win a part of benefit.

Right the best choice is to chooge the good coins for trading because every coins is good for something not fr all, for example there some coins are good for scalping and some for trading for a long therm 

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