Post
Topic
Board Trading Discussion
Re: Suggestion for trading
by
yanlap
on 01/06/2018, 22:51:22 UTC
Don't rush to buy a coin when every one is buying find a good entry price and don't panic when market continuously fall. always find a stop loss point to minimize loss invest only in coins you think can give good return in the future don't risk in highly speculative coins.
Everyone usually fail to do this at their early stage and gamble their position a lot in the market just because they want to get the perfect price and because of that, they even force technical analysis into going right with their plans. It is always good to have a strategy and let the market be ahead instead of trying to play hiding and seek with the market. Get the right position that will give you a better chance of winning and still at the same time not forgetting your stop loss.

suggestions for new players who just got to know trading and have just become a better trader you read some articles that can provide information to you to be able to know the right time to buy and the right time to sell coin.
Read, keep reading and never stop reading. You cannot know everything in one day and that is where learning gradually helps you to get the right strategy to stick with and make a successful trade. Generally, there is so much to trading than just buying and selling at any point and this is where a lot of people who want to be a trader from the beginning always get it wrong as that does not make them to plan an exit even before entering a trade.
In order to enhance trading skills and market understanding, it is best to familiarize it's nature, do research, talk to influencers, watch related videos, and challenge yourself to learn new ideas everyday. Since it's risky, it is important to not be afraid of failures instead learn from mistakes inorder to grow and be productive.
You just follow the market rules in order to trade smoothly without any difficulty or problem. While trading you have to work according to the market guiding principles that will lead you towards your desired place. The market is favorable for trading as we know that the market value is low and coins are affordable and achievable at low price that will make you able to get profit.