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Topic: How to be A Good Trader? [new] - page 4. (Read 3197 times)

member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
May 20, 2019, 01:08:55 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.
If I most say learning online and with articles is also welcome but having a one on one lecture will give you more mind set to understand the market fully but,  having a one on one trading lecture is really not easy but I believe technology has made it simple just like we have YOUTUBE this will also help out and also following up PROFESSIONAL traders who understands the market at 80% to 90%.
full member
Activity: 1162
Merit: 101
May 18, 2019, 11:00:28 PM
For those six months that I already trade, I realized that it is necessary to study each cryptocurrency separately, to monitor the change in price, because each has its own characteristics and this will allow you to earn more consistently!
hero member
Activity: 2352
Merit: 594
May 18, 2019, 09:14:15 PM
The key is to Have proper risk management. Common mistakes that a lot of traders are doing is to simply go "all in" like they are playing poker. Do not use more than 5-10% for each position so you will not get rekt at your first trade. Don't risk 30% to earn 5%.

It's because those traders think about their profit first than the risks it have. They tend to all in hoping a positive result and when they get rekt they already lose all their capital. They don't know how to recover it because of their greediness. They will just hodl it until their capital is 25% to the actual amount they started.
full member
Activity: 700
Merit: 117
May 18, 2019, 07:04:39 PM
The key is to Have proper risk management. Common mistakes that a lot of traders are doing is to simply go "all in" like they are playing poker. Do not use more than 5-10% for each position so you will not get rekt at your first trade. Don't risk 30% to earn 5%.
yes really good point because we don't know how the risk will effective if you manage the risk into you are good way then your next move will easily solved and risk management only gives the profit also that's why I am saying this your profit is definitely possible.
If you'll doing good in your trades, you'll probably be having profits of its high percentage but also depends on what coins we use to trade for.
Obviously, traders get fails because of the wrong choice of coins. This is very important to know also our limitations and surpassing our limitation will bring us into high risk of losing.
If you have passion, hardworking person and have a technical knowledge base in crypto will bring us into becoming a good trader in the future.
hero member
Activity: 1092
Merit: 500
May 18, 2019, 11:43:46 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.
Trading is not much easy to do. If you want to become an expert crypto trader then you need to acquire so many knowledge. For this you can use this forum, Youtube, Google and others site. Also you can read some books.

Agreed, trading needs time, effort, dedication and passion. Where knowledge was too important in it, without that things We can never be a good trader. Aside from that good traders in my opinion are not greedy in profit. In fact, to gain so much knowledge We have a lot of source to get it, such as any articles about in trading, or crypto news something like that.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
May 17, 2019, 07:03:15 PM
The key is to Have proper risk management. Common mistakes that a lot of traders are doing is to simply go "all in" like they are playing poker. Do not use more than 5-10% for each position so you will not get rekt at your first trade. Don't risk 30% to earn 5%.
yes really good point because we don't know how the risk will effective if you manage the risk into you are good way then your next move will easily solved and risk management only gives the profit also that's why I am saying this your profit is definitely possible.
hero member
Activity: 1134
Merit: 517
May 17, 2019, 02:04:26 PM
Mostly they have need to pick some good coins to trade a good outcome. Because an experience traders need to learn every trade that they do to, to become a good trader also.
By practice a man can be a perfect trade and with the practice the man should have practical knowledge of trading also at the same time the person should have fundamental and technical knowledge.
member
Activity: 117
Merit: 14
May 12, 2019, 05:35:43 PM
The key is to Have proper risk management. Common mistakes that a lot of traders are doing is to simply go "all in" like they are playing poker. Do not use more than 5-10% for each position so you will not get rekt at your first trade. Don't risk 30% to earn 5%.
full member
Activity: 1008
Merit: 101
May 12, 2019, 05:12:11 PM
Mostly they have need to pick some good coins to trade a good outcome. Because an experience traders need to learn every trade that they do to, to become a good trader also.
To be a good trader we will have to invest the more profitable coin and never think about lose, trading needs allot of knowledge so try to gain more and more knowledge about trading it will help us to make good trading future, spend time in market and don’t take tension about rise and fall of the market because when it falls try to buy and when it rises trade.
full member
Activity: 1162
Merit: 101
May 11, 2019, 02:11:35 AM
The best tip for a beginner is to gain experience in practice and try different strategies, because it's all individual and depends on the temperament, patience and discipline of the person
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
May 11, 2019, 12:05:27 AM
Yes, reading is the smartest way out so you can learn and operate with great success in the market, but do not read any book that teaches you technical analysis and chart figures, you should focus on finding authors like Wyckoff, Livermore, who have been speculators where they in their books put their experiences and the way in which they made trading and were successful and other times they failed.

If you read those books of those two authors, you will understand the market better, you will have more arguments so that you can participate in the market in a more efficient way, that your losses stop and that you continue learning more.

Also as advice at the time of trading after reading the books would be excellent that you could apply your knowledge on a platform with money fiction, and so you take the experience necessary to face the real Exchanges.
sr. member
Activity: 1484
Merit: 276
May 11, 2019, 12:02:04 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.
Becoming a good trader would be easy if you have high undestanding ability and you love to read things.Reading and researching is the fundamentals of being a good trader you cant trade good without enough legit infos about what you are trading.Having patience will also be beneficial as you need patience when ever you lose money.Be disciplined thats all what makes a trader good
sr. member
Activity: 854
Merit: 250
May 10, 2019, 10:42:56 PM
the most important thing when becoming a trader is that you should never give up if you want to succeed in trading. because most traders today are desperate with prices going up and down so they sell coins with. watch for opportunities and if you can make a profit, then consider if you want to sell it or vice versa.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
May 10, 2019, 03:40:34 PM
Being a professional trader takes a lot of time, patience, learning and perseverance. Ups and down are all what occurs in trading. Sometimes it may be bad and sometimes, very good likt the current bitcoin price is good for those who bought at a low price. For me I've learnt the curves and now trading veil and staking it. This is profitable for me as I gain on both ends.
hero member
Activity: 784
Merit: 502
May 10, 2019, 02:49:30 PM
Mostly they have need to pick some good coins to trade a good outcome. Because an experience traders need to learn every trade that they do to, to become a good trader also.
Finding the profitable coin is not easy,having analytical skills might helpful to be a good trader but no one can be a perfect trader.One who always want profits may not be a good trader the one who minimize losses and finding the right trades can be the better one.
jr. member
Activity: 224
Merit: 3
May 10, 2019, 10:46:50 AM
The most important part to be a good trader is to collect update recent news of the market and the item which you will hold and then you have to know technical analysis and another important thing is not to be greedy.
Not being greedy is really a very important factor to help a trader achieve good and professional level because of the experience and skills, we can accumulate over time while greed is the essence of each person, and wanting to overcome greed, will and psychology is essential, and of course, not everyone always has such a strong will and mentality, very few people can do it, almost everyone is led by greed and failure.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
May 10, 2019, 09:26:49 AM
Mostly they have need to pick some good coins to trade a good outcome. Because an experience traders need to learn every trade that they do to, to become a good trader also.
hero member
Activity: 1134
Merit: 517
May 10, 2019, 08:18:26 AM
The most important part to be a good trader is to collect update recent news of the market and the item which you will hold and then you have to know technical analysis and another important thing is not to be greedy.
hero member
Activity: 1834
Merit: 523
May 05, 2019, 02:35:03 AM
Being a good trader is not easy. Trading is a difficult task that everybody can not do successfully. There are many new and effective steps to be taken in trading. If you want to trade, you will have to face financial losses, and if you leave trading, then a good trader can not be. To be a good trader or a successful trader, you have to be patient to take effective strategies. Also consider a lot to analyze everything and then do the trade. To be a good trader, it is very important to win the mind.
Not all people are successful in trading but most of the percentage of the traders are srill earning money. The consequences of the trading is once you invest to the wrong altcoins high chance to lose it so being a good trader you need to know every information about coin to avoid shitcoins that's not give to uou profit. Patient is most recommended because that's the reason why there is more trader who become rich or earning big money.
member
Activity: 182
Merit: 10
May 05, 2019, 01:33:27 AM
Being a good trader is not easy. Trading is a difficult task that everybody can not do successfully. There are many new and effective steps to be taken in trading. If you want to trade, you will have to face financial losses, and if you leave trading, then a good trader can not be. To be a good trader or a successful trader, you have to be patient to take effective strategies. Also consider a lot to analyze everything and then do the trade. To be a good trader, it is very important to win the mind.
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