How to be A Good Trader? [new] - page 19.

Cling18

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Activity: 1708

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Quote from: Rono on October 10, 2018, 10:14:21 PM

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 a good trader, we should gain enough knowledge and understanding about things first so that we won't regret anything or lose something. We should be eager to gain more information and knowledge about trading so that we'll be emotionally prepared to do what we want.

aencarnaci

sr. member

Activity: 448

Merit: 281

The main topic of discussion should be what type of trader you want to be. There are "investors" who buy into something for a long time but there are long term traders as well, long term doesn't really need to mean investment, you can buy to sell in the end however if you want to be called trader you need the part where you buy it to sell later on and not get richer by holding and trusting the company or the coin behind it.

Hence I think you need to select what you want to be, short term day trader of sorts that deals with the indicators or you want to be long term trader caring about the company too ? Being a good trader will be an easy task when you are ready to dedicate your time. If you are a student or already into some profession and then you want to trade in your part time, then just focus on research and analysis rather than being a professional or good trader.

Because, it does not mean all the good traders are capable of making huge profits all the times with their all the trades. It is proven even professional traders also book losses time to time but they might book less losses but more profits.

Yamifoud

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Slugmonkey on October 14, 2018, 05:56:14 AM

Well i believe practice and experience makes man perfect.
Once you will have enough experience in cryptos, you will start learning new and creative things. And you will start investing wisely. Appropriate knowlegde about current market , adequate knowledge about all icos , price trends these are basic traits of good trader. Start learning and gather maximum knowledge about cryptocurrency if you want to be a pro trader.

It is just the way we strategies our trades and all are coming from our experience. Though we can't make it perfectly all the time but at least we find best ways to improve and develop our skill for the said field. We can do things good we do it seriously and having positive insights.

Slugmonkey

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Well i believe practice and experience makes man perfect.
Once you will have enough experience in cryptos, you will start learning new and creative things. And you will start investing wisely. Appropriate knowlegde about current market , adequate knowledge about all icos , price trends these are basic traits of good trader. Start learning and gather maximum knowledge about cryptocurrency if you want to be a pro trader.

chamika888

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Activity: 364

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It would be unsuprising to see a good trader actively try to avoid viewing or subscribing to another's analysis. Not out of arrogance but because being only human, eliminating herd mentality becomes a paramount condition. A good trader quits relying on others but rather, relies only on self generated analysis because, when it comes to Technical Analysis, self reliance is mandatory, so going solo is a must.

Altcoins enthusiast

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Activity: 490

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Quote from: Rono on October 10, 2018, 10:14:21 PM

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.

You will get some free articles and e-book to learn how to trade bitcoin and others cryptocurrencies successfully. Trading is however a skillfull venture and investing is a very risky venture and you should not go into it without adequate knowledge of how to trade.

batch2016

jr. member

Activity: 104

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Making money in the trading market is not eassy. it not only requires patience and discipline but also a great deal of research,commitment and a sound understanding of the market among others.Though no cent percent formula for success in trading markets has yet been discovered,one can follow some set of rules to succeed in trading.

jaaeeeyyyy

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Quote from: Ains_sama on October 13, 2018, 04:54:47 AM

First, you must have capital ready to lose. because there will be many mistakes when you learn by yourself. try to chart analysis. it's best to enter when prices fall, it might be -5% to -10% to make a profit. You can read articles on the internet about reading candles and graphics. and don't make big profits. 2% to 5% is good for beginners in trading.

Capital is a must of course because it is money risking, trading is money risking. You should have capital for trading, knowledge about trading and skills about trading, it is not simply buying, holding and selling a coin, it is more than just that because trading requires a logical thinking based on price charts and view on different perspective.

Question123

sr. member

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If you want to become a good trader you must do that don'ts and do of being a trader, characteristics like being patient to become a successful. You can also watch videon youtubr and search to learn more about trading. Until now I did not see any books related to trading.

wuvdoll

legendary

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Quote from: bering on October 12, 2018, 12:54:37 AM

Learn from many places and explore more knowledge about trading but besides all of it you have to do trading for yourself because knowledge will be useless if you not use it for real and in my view good traders is they can able to utilize almost all of situations to get decent profit but if they lost then they can forget it and moving forward without being frustrate

That is even the good thing about our world right now, as there is so much you can learn from the internet, if you actually have that urge to want to learn. Personally, I never went to any school to learn how to trade and everything that I learned, I did from the internet using investopedia as well as tradingstrategyguide website.

There is actually so much to learn when it comes to trading, but the best thing is to learn the basics, find a strategy, build on it from practice and then get good at what you want to do. That is always the best way to start a profession and over time as you keep doing well; you keep getting more experience and confidence to do things well.

Reid

hero member

Activity: 2912

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Read more here. You already have all the instruments and opinions regarding trading if you read all types of experiences here in this forum.
You might want to get a good teacher too. Or someone who would look at all your errors and would never tell lie.

Youtube is also a great help. If you are thinking about less spending then you might want to seek looking for video tutorials first.
Social media specially twitter would be a good idea to keep you updated.

iamaruf

sr. member

Activity: 1064

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Vave.com - Crypto Casino

read this forum trading thread.read some article and watch google.watch some youtube video.This will help you to gather more knowledge.Also you can enroll crypto trading course like udemy ( have some free courses)

Daimon88

full member

Activity: 397

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Just get the basics first and get to familiarize yourself with some trading terms, the use of indicators, the use of candles and some form of technical analysis. The whole thing depends on the level at which you are ready to learn and for the good part of it, there are so many resources these days that you can always get from the net and that has made learning a whole lot easy for a lot of people who are enthusiastic about trading effectively. You also have to understand the market as well, and that is what would really help you when it comes to making market decisions whichever way.

hridoyb

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: Rono on October 10, 2018, 10:14:21 PM

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.

Trading is not for everyone who didn't control the mind and try to rich man quickly.SO if you want to expert trader always try to analysis crypto market and bitcoin price because crypto trade depends on bitcoin and also follow some other valuable coin which project are success ico and as soon as listen on exchanger

Itjoker

full member

Activity: 532

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I prefer to improve my skills on technical analysis though study classic methods of analysis. For example I like to read books of William Gann, Bradley Cowan and look through movies on youtube about using technical indicators.

jerry0

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Do almost all traders trade their altcoin to btc and then immediately to usdt? That way they have usdt to buy more altcoins without worrying about price of btc? Example you could buy altcoin and it double in price. But let say btc went down. Yes when you trade altcoin for btc, you get more btc than you started with.

But let say this. You buy btc and trade it for altcoin. Now let say altcoin drop 5 percent only. Btc dropped 15 percent. Now if you sell your altcoin, you lose profit. But you are selling it for btc... but you are getting more btc than you started with because btc dropped more percentage than altcoin.

So which do you prefer here?

Yatsan

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Rono on October 10, 2018, 10:14:21 PM

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.

If you want to be a great trader you must be able to experience all the failures and mistakes. Being good at trading is not instant, it requires time, patience and knowledge to become. I don't want to say im a good trader but i don't lose huge amount of money anymore. Learning is a process which can be gained in different platforms most preferably the internet that contains all of the information.Trading is risky, yes given that the market is fluctuating but once you get used to the wave of the market you can just ride it.

beezunus

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Activity: 420

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I think, to be a good trader you have to read and practice a lot so that you will have a lot of experience and will learn how to be a good trader so you can get profit

Rohtox

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Activity: 854

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Quote from: erickkyut on October 11, 2018, 06:59:08 AM

Quote from: Rono on October 10, 2018, 10:14:21 PM

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.

Here are my tips for you:

1. Learn what is blockchain and how it works.
2. Study the law of supply and demand.
3. Read some articles about when to buy and sell.
4. Before buyinf a certain coin, make sure that you know about their whipaper, developers and roadmap.
5. Follow successful traders on crypto market.
6. Read a lot on this forum

good tips.
there are lots of articles about bitcoin on google and you can also learn a lot about graph analysis on youtube there are lots of videos about it.
one tip from me if you want to trade don't panic it's bad and make you lose

A.H.Rassel

sr. member

Activity: 560

Merit: 251

Quote from: Rono on October 10, 2018, 10:14:21 PM

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.

Traders need to focus on learning more each day.it is important to remember that understanding the markets, and all of their intricacies. Learning to trade keep study about trading and follow the market.

Topic: How to be A Good Trader? [new] - page 19. (Read 3204 times)