how improve trading - page 12. | Bitcointalksearch.org

Chandler32

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Activity: 85

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Quote from: retardunicorn on December 29, 2017, 03:34:32 PM

Trading is asking people for skills, talents and experiences. You have to gather all 3 conditions to become a good trader. No pro trader misses 1 of 3.

True. No matter how much you have read the books and watched training videos, you will only become a good trader based on your quick decision making through experience. Still the best teacher.

retardunicorn

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Trading is asking people for skills, talents and experiences. You have to gather all 3 conditions to become a good trader. No pro trader misses 1 of 3.

Ailmand

hero member

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Quote from: TheCoinFinder on September 02, 2017, 08:48:52 AM

Good to ask for trading tips to our community. No one has came up an expert in this market,you need to learn from your mistakes.
Be cautious from ponzi schemes that are posted on blogs where they ask and promise you to double your btc.
Do not invest all of your capital,make investments that you can afgord to loose.
Find a best trading platform like bittrex and start without hesitating.

I think the best and the most important thing to consider when trading is knowledge. I think the best way to earn that knowledge is through experience and through reading and viewing tutorials around the net or from a reliable mentor that can teach you good moves and tips. As you gain more and more experience under your belt, it would be easier for you to appraise and see the movements and trends that affect bitcoin and altcoins, so it can help you choose good trades that would have better chances of success.

Mobshady24

full member

Activity: 266

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A best way to improve your trading skills is to have a daily routine of visiting the exchange sites and analyzing its graph especially the daily movements of the price in order for you to have an idea how much progress a crypto does on a regular basic, being updated in news is important as well and last thing is you should make an assessment of yourself and prepare for any loss you will incur.

Qartersa

hero member

Activity: 868

Merit: 535

I agree. You would have to spend time, money and effort to come to terms with trading. You cannot be an expert overnight, remember. Hence, those three aforementioned are required of you.

As per my experience, I had won and lost all over again despite the many years of venturing onto Bitcoin trading. There are times I win a lot that I reach cloud nine. Also, there are days I get a bad fall negativing all my cryptocurrency investments. But you know, sometimes you get really lucky and sometimes it just is not for you. So you are there and what you got to do is to keep trying. It is a humbling feat but it sure is worth it especially when you already mastered the art of Bitcoin trading.

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: budz0425 on December 29, 2017, 11:51:11 AM

Quote from: Xising on December 29, 2017, 10:06:22 AM

Quote from: bs9 on September 02, 2017, 08:32:40 AM

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

To improve trading, you must learn to be patient first. You have to wait for the right time to strike your trade or so what we call perfect timing. Also, you need to keep monitoring the trading sites that you are using, so that you'll get an update on what your competitors offer that you don't have. That way, you'll get the idea of what to do next, giving you the upper hand.

Experience on devoting a lot of time in trading is the best way, regarding the fear you can already over come it and the capital investment you can always have it but the strategy that you will learn in doing trading will always come from your experience and the knowledge that you will gain from reading the market and updates.

Spend more time to accumulate experience in trading is a good way to help us improve trading, however, we should remember that accumulated experience should accompany the application in practice, not just in theory, should all practice. Gradually we will learn to control the emotions through the practice in reality, an advice that I think is necessary for all is that we should look for a teacher, a trader with many years of experience can teach us a lot of good things, hardworking and eager to learn, from there we can develop and improve trading significantly in a short period of time

Cryptoupdate04

newbie

Activity: 28

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Quote from: bs9 on September 02, 2017, 08:32:40 AM

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

You want to be become good trader ,then follow the news properly and have some rule that if u have 30 or 40% profits the take out ur Money and go for another coin.

Synaesthesia

sr. member

Activity: 546

Merit: 253

You have to learn by yourself from your mistakes. No one know what your mistakes are and they cant teach you. If you want, you can search some topics in this forum about the tips. good luck

dewynijhof

member

Activity: 292

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it can be said having a lot of experiences can be better than learning all the time, so experience is the most effective key to success in trading, because every time we trade, no matter win or loose we will learn a lesson from it so that we can be better in the future.

budz0425

full member

Activity: 504

Merit: 101

Quote from: Xising on December 29, 2017, 10:06:22 AM

Quote from: bs9 on September 02, 2017, 08:32:40 AM

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

To improve trading, you must learn to be patient first. You have to wait for the right time to strike your trade or so what we call perfect timing. Also, you need to keep monitoring the trading sites that you are using, so that you'll get an update on what your competitors offer that you don't have. That way, you'll get the idea of what to do next, giving you the upper hand.

Experience on devoting a lot of time in trading is the best way, regarding the fear you can already over come it and the capital investment you can always have it but the strategy that you will learn in doing trading will always come from your experience and the knowledge that you will gain from reading the market and updates.

Xising

sr. member

Activity: 910

Merit: 257

Quote from: bs9 on September 02, 2017, 08:32:40 AM

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

To improve trading, you must learn to be patient first. You have to wait for the right time to strike your trade or so what we call perfect timing. Also, you need to keep monitoring the trading sites that you are using, so that you'll get an update on what your competitors offer that you don't have. That way, you'll get the idea of what to do next, giving you the upper hand.

elfnerdRF

newbie

Activity: 104

Merit: 0

Quote from: MissionPhailed on September 02, 2017, 03:20:23 PM

Emotion is probably your worst enemy during trading. Don't let the demons FUD (Fear Uncertainty and Doubt) and FOMO (Fear Of Missing Out) sink their teeth into you. They can transform your portfolio into a bloody red mess very quickly. Set out your strategies and try to stick to it no matter what. Gotta say it worked for me a little bit.

I agree with your opinion. I also often lose at the time of trading because of FUD and FOMO.

shezu007

full member

Activity: 336

Merit: 121

if you want to improve your trading technique then you need
to start your own trade.
getting advise about your trade from big trader.
learning from your mistakes.
try to take risk.
try to remove fear of losing.
improve your patience quality.

santieevanz

full member

Activity: 238

Merit: 100

Quote from: bs9 on September 02, 2017, 08:32:40 AM

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

Have you read about the pros and cons of trading? Trading is known as a risky process when it comes in making a big profit but the mistakes that are done are the way to be more aware, improve and be an expert in trading. Being a trader is not an easy because to be honest, if you never experienced dealing with this process then for sure you'll never know what trading can give you. For me, you should read an article or books/pdf about trading in order to improve trading.

ethereumhunter

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Quote from: rickyleatham on December 28, 2017, 08:08:07 PM

i believe there is no better way to improve our skill than loosing, because loosing will teach us the lesson why we lose, from that we will try harder to encrease our skills to keep our money.

I don't think so because if we still want to learn about trading, then we can have our chance to increase our skill. we can see that many people losing their money in trading but they still have a passion to learn and they learn from many sources and keep practice and in the end, they can make their profit back. we can improve our skill with learning and there is no other way we can do if we don't want to learn. we need to spend our time to keep learning every lesson we get from other people experience.

jinx029

member

Activity: 126

Merit: 10

The fundamentals of trading are pretty simple, you buy or sell something to consequentially buy or sell it again to gain a profit. For the beginning trader who still needs to learn a lot, it can be very interesting to start trading on a budget with little money.

buytheeffinD

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Quote from: bs9 on September 02, 2017, 08:32:40 AM

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

Number one tip I can give is have patience and death grip hodl your alts. This is because if it isn't a complete shitcoin it likely won't die out which means it likely pump at some point in time which means you can sell it then.

rickyleatham

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i believe there is no better way to improve our skill than loosing, because loosing will teach us the lesson why we lose, from that we will try harder to encrease our skills to keep our money.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: lexamagic on September 02, 2017, 05:44:10 PM

The main thing is patience, you did not abandon this business, then believe it, it's already half the battle, review the strategy, maybe you are wrong somewhere, try to experiment, change, something is wrong with you.

Sometimes is not about your strategy but it is about your character, there are people that do not have the mental capabilities to be a trader, maybe they are persons that are too nervous or they are too afraid of losing money or they do not have the courage to take difficult decisions when the times comes and if that is the case most of the time there is nothing to do expect accept that you are never going to be a good trader.

yvesp110

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Activity: 1092

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Quote from: chefbauer on December 27, 2017, 10:32:49 AM

If you had some forex knowledges or just knowledge about how the stock market works, you can easily start trading without any problem at all.
But that is it, if you do not have knowledge about how to do it, you are obviously going to lose it all.

Improving trading skills is just connected with learning, there must be some deep learning and knowledge of what is going to happen in trading. Before getting practically into the trading, getting basic knowledge is necessary. You must know the what, when, why and which of this domain. Getting the knowledge firstly and then start diving into the practical world.

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