How to be A Good Trader? [new] - page 20.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: duyduc256 on October 10, 2018, 09:39:32 PM

Quote from: Rono on October 10, 2018, 09:14:21 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.

First you need to have knowledge of this market and put a small amount of money to practice trading. I personally advise you to choose big exchanges as it will help you in trading easier and learn from the experts so they can help you get the best experience before becoming a real trader.

Being a good trader requires a whole lot of discipline and dedication. Dedication to learn and keep learning as much as possible is something that every wannabe trader should always imbibe as you obviously cannot have it better in the long run than taking that step to learn actually.

Also, with trading, it is necessary to take the idea of making money immediately from your head first and try as much as possible to focus on learning and practicing until you know you are ready for the real trading world. The mindset of wanting to get rich quick from trading has affected so many traders into rushing in and rushing out at the end.

Fideend

jr. member

Activity: 91

Merit: 2

Quote from: Rono on October 10, 2018, 09:14:21 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.

I think the best way to start trading is to try gather as many info on other traders as it gets. If you can put all of that data into one place you can watch them and see how they do, now if you follow over 30-40 traders daily and keep the data on how they do than you can find which one of those people are actually good traders and which one are bad.

Now after you found who is a great trader you can contact with 2-3 of them (more if you find more) and than ask them what is the method they use to make these kinds of money and unless they are making money from selling them they will love to talk about how great they are, that way you can learn from the best you found personally.

pinkpanther03

hero member

Activity: 1092

Merit: 501

Quote from: Rono on October 10, 2018, 09:14:21 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.

Never stop learning that's the first thing you need to do, be an empty always. Always starts in the basic manner in trading. Be observer for every traders who made trade in the exchange platform. Then, most importantly is as a traders you must supposed to have a capital to buy any coins in the platform.

henmark

sr. member

Activity: 812

Merit: 272

Quote from: isaac_clarke22 on October 11, 2018, 11:05:51 AM

Out of those 322 activities and you still don't know the basic ropes of trading? While I do not blame you for that and I won't bother myself looking for the reason why. To start up trading learn the majority of the definitions in trading. Not for the physical trading but obviously it would be crypto trading. Investopedia can help you with that. Youtube can also help but you might get misled at some information out there because some tutorials were meant for a specific exchange and you wouldn't want to have some confusion out of that. Learn the trading signals and tools. What is RSI and BB? How can they help establish your strategy?

It is not actually by activity and not everyone actually pay attention to certain things as I have seen even legendries say somethings some times that I almost get to worry if they have actually been paying attention to anything at all over the years they have been in this community.

It takes interest and the zeal to learn however, when it comes to trading and probably he is just getting to acquire that zeal as the case may be. The most important thing for him is to learn and make sure he get to practice a lot before even beginning to think about it at all. There is so much to trading in complexity that if you take things with levity, you will always have yourself to blame for it.

Ains_sama

full member

Activity: 608

Merit: 100

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.

cryptowolfsu

member

Activity: 476

Merit: 10

You have to learn how the crypto market works and start practicing with smaller amounts. You have to figure out the trading
strategies which fits to you. Always have a trading plan and profit target. When achieving it do not be greedy, close your trades with profit.

Ludmilla_rose1995

full member

Activity: 1638

Merit: 167

Buzz App - Spin wheel, farm rewards

being a good trader is not only mastering how to read graphics and markets but must also master how to control emotions because I see a lot of successful traders are people who are able to control their emotions.

Bagaji

sr. member

Activity: 1330

Merit: 291

Quote from: Rono on October 10, 2018, 09:14:21 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 crypto currency requires good knowledge of technical analysis and fundamental analysis. You will need to understand the movement of charts and you can learn that online. Equally, you will need to be conversant with the news that affects crypto currency market in both ways so that you will be able to make a rational decision within the period and possibly make profit from your investment decision.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Quote from: Rono on October 10, 2018, 09:14:21 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.

In times like this there have been a lot of media for you to learn and gain knowledge by self-taught, yes you can learn through an article and also a video that you can find on YouTube, if you are patient and keep trying then I believe you can be a good trader. In addition to learning it by reading and seeing too, you often have to practice it to trade and you can try it on the trading system "demo" or even you can practice it by jumping in directly using your money which will make you more serious in studying it.

btcjocan

sr. member

Activity: 658

Merit: 250

Quote from: zhekinsp on October 12, 2018, 01:20:09 PM

Good traders are not always successful so don't be so good to others. Cheesy

It can't be taught by anyone,you need to do that by your experince to be successful if someone knew they already knows how to make lot of money so they no need to ask you for money for teaching their strategies.

I could definitely say and confirm that a good trader should able to catch what the market all about. Don't just rely on speculations, but rather do the trades when you really wanted to push through what's right. Be decisive and eager always so you will become a good trader.

Jaci

member

Activity: 219

Merit: 10

If you want to be a good trader, first you need to know about trading and be experienced in training. The main thing about trading is emotions and money management system. If you can control these two things, then you can be a good trader. Emotion is a very important part of trading. There are many people who lose more after recovering after loser, so never try to recover in a day if you lose your money.

Jahmal32

copper member

Activity: 322

Merit: 0

Quote from: Rono on October 10, 2018, 09:14:21 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.

Of course you need to read books, watch videos with parsing all sorts of different transactions, technical and graphical tools. Very, very much what you need to study. Trading is a lifelong learning! So do not grab the most basic and thinking that it will help you, and you will not become a trader with him in a couple of years. This is reality. Start with what you see fit, with what you most liked. Believe me, if you really decided to do trading, then you will have plenty of time to study it all!

bitbunnny

legendary

Activity: 2912

Merit: 1068

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I know theory isn't much interesting but at first you should know at least some basics about the trading and how it's functioning and something about the market too. So, first educate yourself.
Besides knowledge you need to use your head instead your hart, so try to control your emotions as much as possible. Some analysis skills are also important for the trader as well as to be patient.
Don't rush, take your time and with some luck you will become good trader. Just don't expect to become rich over night.

zhekinsp

full member

Activity: 882

Merit: 126

★777Coin.com★ Fun BTC Casino!

Good traders are not always successful so don't be so good to others. Cheesy

It can't be taught by anyone,you need to do that by your experince to be successful if someone knew they already knows how to make lot of money so they no need to ask you for money for teaching their strategies.

hitrawal91

full member

Activity: 462

Merit: 101

BitcoinSN - The Real Bitcoin!!!

In order to be a good trader you need to have good patience.One must have self knowledge and knowledge of the market.You must think fall of the market as an opportunity.

horrifiedx1

member

Activity: 602

Merit: 11

Quote from: BitBay* on October 12, 2018, 07:45:56 AM

Most important is to get to know the market very well and never invest the money that you can't lose as the investments in cryptocurrencies is very risky at all times, rate of cryptos can easily change just by one night as we could experience it in the past two days, especially at night from 10.10 to 11.10 of October.

i think there is a risk. to be successful we must dare to take risks. as a trader, of course, often experience difficult times. and we have to go through these difficult times to achieve success

Toukexx99

jr. member

Activity: 192

Merit: 3

Quote from: Rono on October 10, 2018, 09:14:21 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.

I have advice for you
first you must understand how trading works
second you have to pay attention to the market often how it moves, how the graph is,third don't expect too high
fourth in the world of trading patience is the main
fifth in the trading world failure in trading is the key to getting success

the profit zone

copper member

Activity: 13

Merit: 0

join our discord here for trade signals from the best groups in crypto space >>>> https://discord.gg/7EgTDq

BitBay*

full member

Activity: 440

Merit: 115

Zonda BTC, LTC , USD Exchange

Most important is to get to know the market very well and never invest the money that you can't lose as the investments in cryptocurrencies is very risky at all times, rate of cryptos can easily change just by one night as we could experience it in the past two days, especially at night from 10.10 to 11.10 of October.

otundebis

full member

Activity: 630

Merit: 100

Anyone can become a good trader by practice, trading is much more of activities than unending reading. Start from where you are with what you have and you will be amazed at how much you will learn in a very short period of time!

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