Post
Topic
Board Trading Discussion
Re: How to make a successful Trade?
by
rizkyhiw
on 07/12/2016, 13:18:18 UTC
I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.
Trading concept is too simple. Buy cryptocoin through buy order. Wait for some newbie traders to do rush trading because they would afraid that rate won't go up.
Then once you bought some, sell it quick with a higher price than price you bought it.

the basic of trading is like that, and we can follow this method but if we want to take more profit, then we should make a good analysis about the trend of the coins from the market. how is the position of buy order and sell order is really matter to us to watch and analyze that to get the profit we want.
a successfull trade is not about just how you making profit temporarily from it
but a successfull trade is when you have done trade for long time means you survive play it
not many people done this , mostly just came and go
this is an important principle that every trader must have.