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Topic: How to be A Good Trader? [new] (Read 3259 times)

hero member
Activity: 1134
Merit: 517
June 30, 2019, 05:02:39 AM
To be a good trader you have to be a person who is out of greedy, who can take decision after making fundamental and technical analysis and also who is aware about the FUD.
full member
Activity: 966
Merit: 104
June 26, 2019, 02:27:00 PM
Of course, calling such numbers, you really determine the line between a successful trader or not successful.  But how can you achieve success?  Constantly there are tips on the study of trade, as well as on the correct analysis, as well as on having good experience in order to achieve good results.  Perhaps an experienced trader already has a sufficient amount of knowledge that attracts good luck.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
June 26, 2019, 11:16:54 AM
Each in its own way attaches importance to the phrase successful trader and depends on the level of his usual income, daily needs, I assume that the increase in its capital monthly by 10-15% is already considered a success!
10-15% if it can be stable and sustainable I think it can be used as success for traders. imagine if the trader uses $ 50,000 of capital and gets 10-15% profit every month isn't that a good thing isn't it
full member
Activity: 1162
Merit: 101
June 26, 2019, 08:40:51 AM
Each in its own way attaches importance to the phrase successful trader and depends on the level of his usual income, daily needs, I assume that the increase in its capital monthly by 10-15% is already considered a success!
hero member
Activity: 1666
Merit: 502
June 25, 2019, 10:18:19 PM
If you are really [new] and don't understand anything about trading, so first you need to learn about the market and cryptocurrency, you can find this knowledge by browsing on Google like "how to know the crypto market movement", "learn basic strategy ", then with the knowledge you have, start by trading using a demo account. From me personally when I was new in trading I was more asking for consultation with people who were experts to give me guidance and knowledge. On the market there are many things that can indeed happen beyond our expectations so get used to this situation and don't panic. Of all that will shape your experience into good traders.
full member
Activity: 827
Merit: 100
June 25, 2019, 08:28:23 PM
Lots of information about crypto trading, you can learn it through e-books, blogs, websites or youtube, if you don't understand you can also ask in this forum

The largest base of effective knowledge is this forum. Ask, ask, make new acquaintances. There are a lot of people with a lot of experience here, they will be happy to share it.
Trading forums are enough for learning the basics of trading but it is not case after understanding the working mechanism for some reason. Pro traders share the common knowledge and tools but the main points are hidden.
Trading forums are indeed important to learn to be the best trader. but I think the best lesson is to bring in a professional trader as a teacher. this is useful for teaching hidden tricks that they have and we can emulate to get the trick so that we can get profit because if we only rely on the forum, the information we get cannot be as broad as a face to face with a professional trader
member
Activity: 448
Merit: 12
June 25, 2019, 02:38:25 PM
For all the years of existence of bitcointalk, a huge database of different strategies and tactics for trade, investment and in general everything related to the cryptocurrency market has already been gathered here.  Here all the knowledge of the most professional users of cryptocurrency is gathered and all this information should be studied in order to achieve good results.
legendary
Activity: 1890
Merit: 1003
June 23, 2019, 11:28:55 AM
Lots of information about crypto trading, you can learn it through e-books, blogs, websites or youtube, if you don't understand you can also ask in this forum

The largest base of effective knowledge is this forum. Ask, ask, make new acquaintances. There are a lot of people with a lot of experience here, they will be happy to share it.
Trading forums are enough for learning the basics of trading but it is not case after understanding the working mechanism for some reason. Pro traders share the common knowledge and tools but the main points are hidden.
sr. member
Activity: 1313
Merit: 278
June 23, 2019, 10:19:55 AM
Lots of information about crypto trading, you can learn it through e-books, blogs, websites or youtube, if you don't understand you can also ask in this forum

The largest base of effective knowledge is this forum. Ask, ask, make new acquaintances. There are a lot of people with a lot of experience here, they will be happy to share it.
hero member
Activity: 994
Merit: 502
June 23, 2019, 08:46:28 AM
I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
I cannot say with 100% certainty that study is better on the Internet, but I studied all information on the Internet. In my opinion, there you can find much more information, which is diverse. And all the material that exists in the books can also be found in the Internet.
I began my study with the basics of technical analysis, candlestick analysis and indicators that can be used on charts. Gradually, I improved my knowledge and studied what seemed important to me at that time.
legendary
Activity: 1680
Merit: 1001
June 23, 2019, 07:01:05 AM
You should have some amount of money and select good exchanges with high volume. Then you study the trend of specific coins you want to trade in, and also learn and take advice from the experienced traders.

A good trader can use several exchanges and be aware of changes on them always. he is constantly monitoring the market and spends most of his time studying cryptocurrencies. He takes losses and lessons.
That's not a good trader, he simply do arbitrage trade. Looking for a cheaper token and asap sell in on other exchange which has higher price.

To become a good trader you need a few years, while showing stable results, because the investment is not a sprint, but a marathon and very rarely you can get everything at once
Not really, you don't need years to become an expert in something. We ever heard if we must learn for 10k hours before we can master it.
sr. member
Activity: 396
Merit: 250
June 23, 2019, 06:42:31 AM
how to be a good trader ha aha ha there is answer for this everywhere you search in books or in youtube or any experienced trader , there will be many rules and points thing is you should follow it and be disciplined and know how market and making money in market works
hero member
Activity: 1134
Merit: 517
June 23, 2019, 06:20:30 AM
To become a good trader you need a few years, while showing stable results, because the investment is not a sprint, but a marathon and very rarely you can get everything at once
Only giving time cant help you anything if you cant invest the time on exact time. You have to spent the time in proper way to gather trading knowledge and to get goo experience. In this case you may do demo trading to be sure either you are making profit or not and demo trading cant help you too much real trading can give you the real experience which may play a vital role to be an expert.
hero member
Activity: 1302
Merit: 540
June 16, 2019, 11:06:55 AM
As long as you're not emotional in the actual trade, for sure you have a chance to get more bigger income in it.
Emotional is most of the time reason why most of the traders in the exchange lose their coins in the end. And it doesn't matter
if you are good traders or not. For what matter most is you know the proper procedure to do trade in every platform.
Very important factor of your stay around this industry is being less emotional, do your research before making any decisions, a lots of potentials
to those who are calm and patient, your willingness to wait and see the outcome of your own assessment will bring a much better way of trading,
most of those who's rushing around always missed the importance of buying low and selling high, a basic principle and the very reason why you
are doing this business.
full member
Activity: 1162
Merit: 101
June 16, 2019, 10:22:12 AM
To become a good trader you need a few years, while showing stable results, because the investment is not a sprint, but a marathon and very rarely you can get everything at once
full member
Activity: 856
Merit: 111
Buzz App - Spin wheel, farm rewards
June 16, 2019, 05:25:52 AM
need study, need knowledge about crypto, and also need Patience. and also follow youtube and article.  If you can master them, you can achieve success in trade.
When you trade a coins/token, you will see that coin's last 3 months of history .
sr. member
Activity: 868
Merit: 289
June 15, 2019, 05:57:44 PM
As long as you're not emotional in the actual trade, for sure you have a chance to get more bigger income in it.
Emotional is most of the time reason why most of the traders in the exchange lose their coins in the end. And it doesn't matter
if you are good traders or not. For what matter most is you know the proper procedure to do trade in every platform.
legendary
Activity: 2212
Merit: 1008
June 15, 2019, 02:32:39 PM
You should have some amount of money and select good exchanges with high volume. Then you study the trend of specific coins you want to trade in, and also learn and take advice from the experienced traders.

A good trader can use several exchanges and be aware of changes on them always. he is constantly monitoring the market and spends most of his time studying cryptocurrencies. He takes losses and lessons.
member
Activity: 686
Merit: 10
June 15, 2019, 02:49:51 AM
You should have some amount of money and select good exchanges with high volume. Then you study the trend of specific coins you want to trade in, and also learn and take advice from the experienced traders.

In order to attain the knowledge of technology, it will take some time, so we should always focus on the further level of developments after listing in the exchanges. We need to watch their development and daily based trading volumes attained by the coin and exchange you chose to invest.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
June 15, 2019, 02:06:37 AM
I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
to be the best trader I think you have to learn through online like youtube and many sources. but you better learn directly from professional par traders. the first thing is that you have to be able to analyze prices going down and prices going up, and besides that you choose potential coins. it can be an easy moment for beginner traders
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