How to trade?

Hello everybody!

If you not pay attention to things i will say here most probably you will lose money. There is always chance of not getting profit but the important thing is, you need to learn How not to lose! The biggest problem is this.

Do not think like "I have to do some trading today". If you do trading everyday, you will start to lose everyday.

There are 3 ways of trading

1- If you think current level is the bottom level, you can buy

2- It can be bottom but If you see a rise, you can buy

3- If you think that It is bottom level and It also turned, If there are reasons for uptrend you can buy

Personally I use second and third. If i want to buy too much, I am looking for third one. There is something If a coin made a breakout there will be a retrace(coin goes back and tests and continues) so you are not missing anything.
If you want to chose second one you need to take its risks.
In third choice most probably you will lose %5 - 10 yet It will be more reliable.

Trading is not easy. I want to tell it before everything. There is nothing like "lets buy from bottom and sell at peak". You need to understand it first. There can be a downtrend after you buy, you must have strong head and pyschology. When a coin makes %10 profit, we are not selling it right? Its also same for downtrend, sometimes we shouldnt sell it when we see - %10. There will be a time for selling it.

When a correction or downtrend comes, a panic wave goes toward everybody. Like "Its so bad It got me when Im at alt coins" which means

1-You didnt use stop loss
2-You dont trust your trade

I am a little bit sad about this situation also angry because when you are trading, the first question you must ask yourself is "where should i set the stop loss". When you get some profit, you can move stop loss in up direction.
For example

You bought Eth and you got 10 percent profit. BTC moved badly and you lose 3 percent. You need to be ready situations like this. As long as you dont realize your profit you are not getting anything. I understand after seeing a 20 percent profit and losing 10 15 percent of it not makes you happy. Because you have already seen 20 percent. As long as you wait until it reaches 20 percent again, you can lose that 5 percent too.

Dont feel upset about missing opportunities. There will be more! Our aim is to find and get profit from more opportunities.

Lets talk about alts.
You are in rush about alts and you wanna buy all of them. Dont do this. If you do everything halfly you can not finish one full thing. Just enter trades which you trust. If there is a bull, It will continue for days. Dont get upset about people from Twitter and telegram who say I get tons of profit everyday. Most of them lost too much today.

Dont jump when alts get +%3. Let them go upper, watch it. You are not missing anything. Its the only thing you should get. Market will be there tomorrow and a day after, you are not missing anything. There will be more!

All together we will find that opportunities and get profit from them when time comes.
All we need to is learning how to be patient.