Post
Topic
Board Trading Discussion
Re: A good advice for every traders.
by
Shimmiry
on 25/12/2019, 07:15:49 UTC
Even if you follow all the tips from here then you can't ensure a safe and profitable trading life for a longer time. Trading doesn't follow some certain rule but yes I agree that these tips are helpful to learn and realize the trade and these will be helpful for the newbies. To make good in trade you have to have patience and brave.

   Because there are no guarantees in trading. There are no strict rules to follow to make profit, there is just market that change
directions constantly. Traders are trying to predict this changes, and nobody makes profit all the time.
   Patience is for long-term investing. It's when you believe in the future of some coin. Short-term trading is about speed, to be
faster than others, to sell before others and buy before others, and to have good timing for both.
There is no guarantee to win in trading if your knowledge is not enough but if you are knowledgeable enough then you can use your head on how you will win in trading. Traders are losing because they are not trained in trading where they just trading without any kind of strategy and studies. We can be prepared anytime if we have a lot of information about trading. Predicting is impossible but forecasting is possible in trading.

When you are just starting in trading, you need to have enough knowledge and skills; there are some few tips if you are beginning in trading. First is you must know about trading even you already have an idea still you need to know the other transaction inside the trading, always seek for the new and use this as an advantage to the other trader. Second, choose the best method that is suited to your trading to make sure you will not lose on your trade; one of the common mistakes of the beginners is investing on the coin that is not for long term or short term trading. In short term trading, this is for altcoins that you can go for daily trading or long term trading that is for bitcoin because the price will change before a long time. Lastly is be confident on your trade most of the time traders are afraid of losing income on their wallets and pulling out immediately their money.