Trading require you to be realistic of your expectations and your ability to make profit. If you have not come to terms with your capabilities, you are likely going to lose consistently. So, you have to be sure and be confident in making your own decisions, do what is necessary to turn in profit for yourself!
Exactly having a dreamy expectations would only result in frustration that can dishearten even the most enthusiastic trader there is. For me, you should trade in a safe play manner so you can insure a consistent profit albeit small. 
Topic: Before getting into trading - page 4. (Read 645 times)
Before trading, you should increase your knowledge before starting because most beginners who start trading are usually too excited and immediately trade, maybe they think trading is easy.
They think that way as they saw people who encourage them either by means of personal conversation or by watching streams give them hints that it's not hard to work with trading, but in reality, it's not and
the risk is high when dealing with this business.
Quote
because without the right knowledge is like going to war without a weapon. As a result, the lifespan of their accounts only lasts a moment and there are also those who accept heavy losses and then blame the real crypto for their own stupidity and carelessness.
Good example and for sure no one wants that to happen, going to war without any riffle 
Close fist is no longer possible now. Hahaha
Quote
better first learn in depth about trading and start with small capital and learn to analyze, do it with discipline and if it fails, don't give up trying to be better and improve it and so on.
Step by step and take every knowledge that you can learn while participating in this business, don't rush learning
things the right way is more appropriate for a better chance of success.
Before trading, you should increase your knowledge before starting because most beginners who start trading are usually too excited and immediately trade, maybe they think trading is easy.
because without the right knowledge is like going to war without a weapon. As a result, the lifespan of their accounts only lasts a moment and there are also those who accept heavy losses and then blame the real crypto for their own stupidity and carelessness.
better first learn in depth about trading and start with small capital and learn to analyze, do it with discipline and if it fails, don't give up trying to be better and improve it and so on.
because without the right knowledge is like going to war without a weapon. As a result, the lifespan of their accounts only lasts a moment and there are also those who accept heavy losses and then blame the real crypto for their own stupidity and carelessness.
better first learn in depth about trading and start with small capital and learn to analyze, do it with discipline and if it fails, don't give up trying to be better and improve it and so on.
Trading require you to be realistic of your expectations and your ability to make profit. If you have not come to terms with your capabilities, you are likely going to lose consistently. So, you have to be sure and be confident in making your own decisions, do what is necessary to turn in profit for yourself!
Set a goal for your own so you will have target what to be achieved, and you will work hard for it to make it realized. I know we have different preparations before getting into trading but those basics should include acquiring knowledge in crypto trading, understanding the whole price movement in the market, practicing your own skills and strategies until it will be well developed. But that won't be long enough. Trading is quite more different when you put it in experience. You need to be more patient too and never expect much on your first trading because eventually there will be more losses than profits for sure but you can work it own so that by next time, you will be able to maximize the profits already. 
Before getting into real trading, it's a good idea to practice on a demo account first, learn trading techniques and analyze how the market will develop in the future. All need concentration and patience to increase knowledge in crypto. Not only that, almost the average trader has had a bad experience. Of course you don't have to go through anything bad, so you should learn more and practice the skills you already have. Then trade from small capital, if there are some mistakes in your analysis, you have a lot of opportunities for your first capital.
Trading require you to be realistic of your expectations and your ability to make profit. If you have not come to terms with your capabilities, you are likely going to lose consistently. So, you have to be sure and be confident in making your own decisions, do what is necessary to turn in profit for yourself!
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
Some are in good profit while some did not, that is the reality about trading. becoming into real trading is really challenging and I definitely agree that preparation is very important and many had neglected to take this but rather to jump the boat as fast as they can. How should one prepare before getting into trading?
Well, to lose in trading is very common, some use this to learn more but unfortunately, some use this to quit and blame crypto. Yeah, trading is risky as we all know but can't make some people understand that as they just underestimate the market. That is very important to have enough knowledge of the market before getting into this. Money and skill could just be easy to acquire but still are the factors that could affect our trade.
However, trading has definitely its own high risks but if you got all the preparations before getting into trading and has mastered them, i know somehow the risk will be lessen. Of course, there will still be losses but they don't happen more often.
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
Some are in good profit while some did not, that is the reality about trading. becoming into real trading is really challenging and I definitely agree that preparation is very important and many had neglected to take this but rather to jump the boat as fast as they can. How should one prepare before getting into trading?
Well, to lose in trading is very common, some use this to learn more but unfortunately, some use this to quit and blame crypto. Yeah, trading is risky as we all know but can't make some people understand that as they just underestimate the market. That is very important to have enough knowledge of the market before getting into this. Money and skill could just be easy to acquire but still are the factors that could affect our trade.
I am sure that how people prepare trading at first may be different enough.
But at least, they may prepare some basic things before doing trading in order to be really aware that we are "trading".
Awareness in trading is very important, we can see how people are likely not aware enough to trade because they only think about getting money and money again and again?
We can see how many people are losing after his first trading?
Because the precariat is very lack. In this case, at least we must be ready with the risks. We must learn more first about crypto and trading. And we must also learn about how to analyze the coins fundamentally and analytically.
Sharing with more professional friends in trading is also very helpful.
But at least, they may prepare some basic things before doing trading in order to be really aware that we are "trading".
Awareness in trading is very important, we can see how people are likely not aware enough to trade because they only think about getting money and money again and again?
We can see how many people are losing after his first trading?
Because the precariat is very lack. In this case, at least we must be ready with the risks. We must learn more first about crypto and trading. And we must also learn about how to analyze the coins fundamentally and analytically.
Sharing with more professional friends in trading is also very helpful.
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
Well, it was already stated in this thread on early pages and I have an addition. How should one prepare before getting into trading?
After having a lot of research, fundamental and technical analysis is very important. You need to have practice offline just to gain experience and also knowledge as well. Just try a little amount as capital so that if you will lose you can afford it. Preparing yourself is a very important factor in trading, without this --it will not give a better profit to you while you are trading.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
When one first enters the trading game, it is most often challenging to know how to prepare for it.
If you're not prepared then don't enter the trading industry in the first place. The industry has so many distractions that noobs usually fall victims to because they we're not prepared which why you have to be prepared before entering. The preparation can come in many ways but the most important has to do with you been able to control your emotions.
Emotions has to be the biggest enemy of a trader because if that's not put in place, it can ruined a trader of all his profit and if there's no precaution measures both the capital and profits can be lost as well. Next will do with mastering the order options available for your trade.
Knowing how to use the stop loss and take profits options are very important in your preparation.
Someone already dropped a good advice which helps: the number one thing you should avoid is paying for any sort of group that is promising you strategies which you are never sure is going to work or not. It would be best for you that you start reading books on trading that' can enhance your skills.
Most of those groups are going to promise you steady profit, but at the end when you have given them your money, you realize that the strategies they're selling to you is worth nothing at all. That’s why it is best that you learn trading yourself and develop your skills so that you can do everything by yourself. And lastly it is important that you start with small capital.
Those groups that promises future profits are the people who will be getting rich, not the customers of those groups. There is a very simple question to be asked "if you can get rich by trading, then why are you selling it as well, just do it yourself to get rich?".Most of those groups are going to promise you steady profit, but at the end when you have given them your money, you realize that the strategies they're selling to you is worth nothing at all. That’s why it is best that you learn trading yourself and develop your skills so that you can do everything by yourself. And lastly it is important that you start with small capital.
Same could be said for trading bots as well, not like there are no bots that may help you make some profit but almost all of them depend on how good you can configure them, which means selling them is the most guaranteed way to make profit while using them doesn't guarantee you any profit at all. All in all, just trade with your own research and be as good as you can be and learn as much as you can, that is the number one thing you should know before you start trading.
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
You need to know different ways before you start trading. When you participate in trading you need to do a complete market analysis.You don't rush to buy any coins. It will be seen that you will have a lot of losses.The coin you want to trade with needs to be well researched. It will be seen that there is no loss after you. How should one prepare before getting into trading?
Now there is a special problem in order to find training materials for yourself, so there would be a desire and all the opportunities will be found, and it is also very convenient to use the opportunities that Amarthez provides with the broker
There are various ways to learn the fundamentals of trading. Videos and lectures, for example, are freely available on the internet. The ideal option, however, is to enrol in a beginners online trading course. That manner, one can obtain a well-informed view on trading while having it handled by professionals. It is usually preferable to register in a course that is tailored to one's degree of knowledge rather than relying on unverified material that would be useless to a rookie.
Actually there is no end to learning, as a beginner in Crypto trading i want to tell you that first understand that how crypto market work, know about bitcoin movement, know about chart. Never used your maximum fund in trading, don't panic. Also you can learn something good from internet or YouTube.
As a trader, we are required to always learn with the market. therefore we must dare to start friendly with risk. To start with, we are in a hurry, of course we have to study crypto before making a deposit, so we will not be surprised by any situation that may occur. after that the most important thing is that we must be able to control the psychology of greed 
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
Someone already dropped a good advice which helps: the number one thing you should avoid is paying for any sort of group that is promising you strategies which you are never sure is going to work or not. It would be best for you that you start reading books on trading that' can enhance your skills.How should one prepare before getting into trading?
Most of those groups are going to promise you steady profit, but at the end when you have given them your money, you realize that the strategies they're selling to you is worth nothing at all. That’s why it is best that you learn trading yourself and develop your skills so that you can do everything by yourself. And lastly it is important that you start with small capital.
Actually there is no end to learning, as a beginner in Crypto trading i want to tell you that first understand that how crypto market work, know about bitcoin movement, know about chart. Never used your maximum fund in trading, don't panic. Also you can learn something good from internet or YouTube.
When starting to make trade its better to ready yourself first like keep yourself knowledgeable regarding the fundamentals of trading such as the coin you want to trade, the trading platform you will use, learn such as market patterns, market indicators and technical analysis there's a lot more, of course, those are the basics only. If you think ready avoid getting part of different groups that only knows to give a FUD to prevent you from getting more paranoid when the market is down. If you are a beginner try with the smaller capital to avoid losses of most of your assets. Not all the time green days will come to your portfolio always earn profit even there's a low win trades.
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
It was not a simple preparation, that's all I can say since trading is risky.How should one prepare before getting into trading?
Things needed before trading,
>Plan
>capital
>ENOUGH knowledge and skills
We can't underestimate trading that is why we should have to do this. We know what will be the consequences and to lose from trading is a part of learning which you have to accept but never think this brought you down otherwise, you were not able to reach your goal.
Jump to: