Trading is Probably the Only Job Where There is no Client or Boss!!

in trade •  7 years ago  (edited)

If you know me i am a fan of holding, however i understand most people doesn't have a high capital, so trading is the solution they can increase the coin count slowly but effectively if they found a strategy that is relatively safe and does't require time.

Although if you have a high capital with no job, or you have time you can start experimenting with the various strategies, you will be surprised how many time a user have stumble upon a pullet proof plan that brought him hundred of million before it fixed or no longer worked, but remember the two golden role:
1-Always hold 80% of the capital on a hard drive- paper or physical wallet and trade only with 20% at a time
2-Don't trade with money you are not prepare to lose
The thin line between trading and gambling is that one depends on research and the other depends on luck so be a trader!!

If you decide to go a head and trade i will recommend using my partner not just because we are partner but because it's really worth trying, one of the easiest platform to master :

My URL:
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Please remember not to gamble to trade, i don't want to be the reason

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This is the actual basic principle of every trading market "Don't trade with money you are not prepare to lose. The thin line between trading and gambling is that one depends on research and the other depends on luck so be a trader!!"
Every reader and trader please adopt this strategy, and never think you are over smart and out perform the odds.

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  ·  7 years ago (edited)Reveal Comment

yeah well , there is no indicator bitcoin is falling anytime soon

  ·  7 years ago (edited)Reveal Comment

yes but you said u don't trust paper wallet i assumed u were talking bitcoins

umm, you're retarded bitcoin has and is still in a decline. Ethereum is in a huge decline

now now, if you want to go around calling people retarded you can go back to reddit sir.

Bitcoin is bread and butter.

@morality ... I was too wanting to hold bitcoin, but I am not on a auto trading platform Trade Coin Club http://mytcc.team . Check it out to see how you can start making more of your bitcoin.. Thanks in advance for looking at it.

personally I dot advise anyone to trade in binary options or even Forex. but I would advice them to trade digital currencies on exchanges,If you know that only 14% of the Forex traders make money you wont advise people to risk all what they have. but a cryptocurrncy in much more easier to trade on next generation exchanges because you can put an order to buy and wait for it to execute, and then put an order to sell and wait for it to execute automatically as well.
you just need to know the best point to buy and sell,buy low and sell high.

resteeming your blog now..nice article

Some of my peers and relatives believe you can only achieve wealth through hard work, they don't believe me when I told them to work to invest, not just work and save your money on a bank account.
Work smart, not hard :)

I wouldn't say gambling is trading, more so the other way around.

Wish I had money to invest I only made 47 cents last week and I'm a hobo living on the street with a pre pay phone gonna run out of credit soon and it's raining.

where are you? can u get a job? there are jobs here where im at.

I enjoyed reading this post i feel as if i learned something. Thank you.

Great post with good usefull info.
I do have paper wallet and think that is my way :0)

Great article. My take is that Trading is SURELY gambling if you don't know what you are doing and are not trading using a proven, statistical edge - a method of trading that you have proven to yourself works over time. Having a winning edge of 40% is good enough to make money trading. Sound weird? It isn't if you take sound money management into the whole equation. That basically amounts to loosing less than what you win. The Holy Grail of trading is truly the Money Management aspects!

Hope this helps someone! Cheers

great post...upvoted

I Lost my $2000 in etoro when i started my forex trading and was new in this market !!!!

yeah sorry currently i am losing money in ether but i won't sell for a while , however in general my profile have 20% profit so it have ups and downs

  ·  7 years ago (edited)

Trading is not gambling if you have a solid plan, an actual "edge", and are disciplined enough to adhere to your trade idea.

Price is not a random walk, as much as Wall Street analysts would like to say it is. I could go into specifics, but I'm not really up to it at the moment to craft a really long post.

(Edited to add that this was in the sponsored section -- I mistook it for something else and ranted about it being ad-like.)

yes it is in the promoted section after all

Oh? I look at the upper-left and see "trade" as the topic.

So its the "promoted trade" section? I'm confused by your answer. There is no "promoted" indication that I can see.

I have no idea what are you trying to say
what other indication you want
Trade is the topic but this posted in the promoted section that's neat the trending section

My mistake then -- I thought I was in another section entirely.

I'll edit my original post then.

Very good advise, I use to trade now more hold then trade, nice post.

well i would not prefer anyone to gamble, its only 1% who won from gamble , meanwhile while flipin if ur lucky enough and smart enough u can make some money

very true

What i like best in the write up is the call to trade and not gamble.
trading can be very profitable no doubt but one caould easily get his fingers burnt. Education and training is very important.
Nice one fella

thank you, Yes gambling is a game trading is work

nice to know ETORIO. will try

I wish there would be wallets like Ledger Nano S for all the altcoins. I don't know no one is trying to create one wholewheartedly.

I'd rather invest into ICOs at this moment, since market is going bear for a while more. Hodling is not the good option now while prices are shrinking.

Will hodl again once the market goes back to it's normal days after this month.

Thanks for the post!

Your post is promoted. Promotions help every steemians.
Your reward is an upvote and 2.005 SBD extra promotion.
Good job, see you next time in Promoted! ;)
#steam4steem

thank you

gambling is more charming though

yes it's more fun , it's just not good for the health

Excellent article, with me - subscription.

thank you i value your words

Thanks for sharing and good to know since I'm quite new to this platforms. Will try the demo for sure.

yes take your time with the demo, then if you feel comfortable invest

Excellent article and advice, especially the tip you gave people about never trading with more then 20% at a time... I actuallly disagree with it slightly as I believe it should be no more then 10% at a time, but it is good advice nevertheless

yes 10% sounds good

Great idea, upvote from me

Great idea, upvote from me

Upvoted and followed, thanks for the pointer!

Hi, I think that Zulutrade is much better than eToro.

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Nice post about investing @morality, upvoted! I’m trying to start a community about stock trading on Steemit. You can join our Discord channel SteemitStocks if you want to share your post and chat about stock trading. Would you also like to read my article about an undervalued oil exploration stock?

Good job,...

etoro is great especially with the copying feature . thanks for sharing @morality

nice post ..
thanks for advice :)

Interesting post. I wanted to invest in etero :-)

Hey, man excellent post.

great advice....

nice post , surely i will download on my iphone and try

yeah you can start with a demo

Nice Post :) @morality

I am on etoro sience 2014 and is one of the best platform out there

Probably not banned but limit it in a way like when you vote 5 time for another you get one for yourself or something less socialist

just upvoted the post

thanks

awesome information. i hope this receives a huge benefit

please share your thoughts on this issue
https://steemit.com/sex/@outhori5ed/sex-education-by-ogunleye-dele-victor

sure

excellent insight thanks for sharing. important information a lot of people need to read up voted and followed

Thank you i tried to make it a post more than a promotion

Oh, good.

nice article

Fact is bitcoin bubble about to explode !!! Trade bitcoin wisely and you will make huge profit !!!

Hey, good luck on your journey in our fine community! I'll follow your account to see how you doing :). Please follow me @nakedchef89.

Hey, good luck on your journey in our fine community! I'll follow your account to see how you doing :). Please follow me @nakedchef89.

I have just started the first Steem Signal Service, specializing in Forex and Crypto. I have over 20 years experience in the markets and over a decade managing funds for a handful of private clients. Typically such service would cost hundreds if not thousands every month, but I am offering for free on steem because I believe in the system and that it has the possibility to generate just as much if not more than a traditional model. Follow me if interested!!

Is this like bitconnect?

no, it's trading website where you can trade bitcoin, and companies asset like Tesla

This is some sweet stuff

There is a client ! If you want to sell something, you need someone to buy it !

  ·  7 years ago (edited)

no i meant online trading
there is no client obligations
once sold there is no refund charge-back complaining

I traded in many platforms but always loose all my investment. Making research on trading tips online was some how better, after all this I realized that no platforms want you to be making good bucks from them. The system is sometimes rigged and many other up and down fluctuation. Some of these platforms are operated by by net gurus who are after the pockets of the public.In the like of expertoption.com, iqoption.com, alphari and many others. Gambling is not a good source of gaining few bucks.

actually this platform benefit from the small commission, but if you win more and invest more better for them, when you lose they are not winning as they are only mediator

True words, Trade Don't Gamble

Supreme Insight for us Newbies, especially "Me". Appreciate it beloved! 🙏🙏

Very good article. Upvoted.

Most definitely! Discretionary funds are the key to investing. Good info!

Cool article, thanks!!

Great advice for the beginners in trading and investing. One thing I would suggest is rather than just promoting your social network, add links to the other things you mentioned like hard wallets, etc.

great

If you're interested in HODLing, take a look whats going on with ChainCoin (CHC). Theres a big community driven effort behind it's current momentum. It's is rising like crazy. It's a big gamble for sure, but perhaps worth throwing a couple bucks at. The aim is to go to 100$ per coin. Currently it is at 0.60$ per coin, and it's up several hundred percent already. Take a look at my steemit post for more details and links: https://steemit.com/chaincoin/@pandorasbox/chaincoin-hodl-for-riches-community-drives-coin-price-up-is-this-the-new-doge-style-community-coin

Trading on an actual exchange with no leverage, compare to trading on a CFD like eToro with 1:500 and overnight fees is by far less riskier.