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Topic: How to be A Good Trader? [new] - page 7. (Read 3259 times)

hero member
Activity: 994
Merit: 502
April 10, 2019, 07:11:47 PM
You need to start trade to be a good trader, then start to learn to see the patterns, use as few indicators as possible, RSI is good to see if you just do small day trades. start with small amounts of cryptos.
Agreed, apart from the same never be greed to earn big with very small investments. Experiment with small funds on trading which will help you further increase as you gain good knowledge about the do's and donts on trading. In simple terms learn how to make a buying at a lower price and sell at a higher price.
legendary
Activity: 1834
Merit: 1036
April 10, 2019, 06:47:28 PM
If you want to be a good trader you need to learn how to control your emotions. Even if you know how to use the tools and know how to read charts if you get excited and hit the Sell or Buy button at the wrong time, you will end up loosing your investment in no time. Self control is teh key, most specially control your greed.
member
Activity: 420
Merit: 10
April 10, 2019, 12:06:22 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 should combine theory and practice. Theories are always necessary and easy to learn but you also need to practice. You need to spend more than $ 200-300 to start investing in the theory you think is right. after only 6 months, you will have a solid foundation of experience. Wink
hero member
Activity: 924
Merit: 502
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April 10, 2019, 07:44:18 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.


First, you need to understand the terms and the history of cryptocurrency so that whenever or whatever you watch educational videos about trading, you will be able to understand things. It's important that you'll have the eagerness to learn and to adopt new things to perform trading better.

It's still best to get assistance from someone who's experienced in trading already. Though since you want to learn for yourself, you'd have to work a little harder for it. Basics can be learned through the internet. Google, youtube, forums and discussions, that where you can get the basics. But what's more important is the application. You shouldn't be afraid to put what you learned into practice. That's where you'll polish the things you learned.
hero member
Activity: 1274
Merit: 519
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April 10, 2019, 01:59:09 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.


First, you need to understand the terms and the history of cryptocurrency so that whenever or whatever you watch educational videos about trading, you will be able to understand things. It's important that you'll have the eagerness to learn and to adopt new things to perform trading better.
legendary
Activity: 2982
Merit: 1028
April 09, 2019, 10:33:22 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.
At first you need to acquire knowledge about crypto trading and about crypto market strategy. For this you can use some books or you can acquire knowledge from youtube. After that put a small amount of money for experiment.     
Everyone starts from scratch, we are all newbie but we strive to learn and improve because our goal here is to be successful.
The way to survive is if you keep improving, like the reality that the market is changing, we should also change and improve if we want to last and succeed.
Good assessment, improving skills will bring more successful journey inside this industry, you have to take the risk then learned in each outcomes, both positive and negative results will give you good patterned to improved, be as it may just never to be afraid trying and patiently waited.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 09, 2019, 10:28:31 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.
At first you need to acquire knowledge about crypto trading and about crypto market strategy. For this you can use some books or you can acquire knowledge from youtube. After that put a small amount of money for experiment.     
Everyone starts from scratch, we are all newbie but we strive to learn and improve because our goal here is to be successful.
The way to survive is if you keep improving, like the reality that the market is changing, we should also change and improve if we want to last and succeed.
hero member
Activity: 1764
Merit: 505
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April 09, 2019, 10:25:50 PM
Join a crowd but before you join it you must be ready and find information about the activity on that particular coin then you can invest on it after. There are no criteria to be a good trader, each have their own style of trading but that doesn't mean they are a good trader. So what is a good trader? I honestly don't know what is a good trader fill me up please. Another thing that is in my mind is that before you invest your money on any coin you must be ready mentally and you must have a backup plan that might prevent fatal losses.
Trading is not an innate skill, it is learned. Successful traders are made- not born. Those who are willing to work hard and are determined towards getting better and in enriching their knowledge will succeed. What I would consider as better ways to be a good trader is to be eager to learn more, to read more, to look for resources that can help gain knowledge, creative ideas, and improve skills. Attending webinars can help build a strong background in finance  and will be massively helpful for becoming a better trader. Learn about its nature, price movements, management, products, strategy, analyst estimates, financial statements, earnings guidance, and risk factors.  Successful traders trade methodically, not emotionally.
full member
Activity: 602
Merit: 129
April 09, 2019, 10:10:32 PM
Join a crowd but before you join it you must be ready and find information about the activity on that particular coin then you can invest on it after. There are no criteria to be a good trader, each have their own style of trading but that doesn't mean they are a good trader. So what is a good trader? I honestly don't know what is a good trader fill me up please. Another thing that is in my mind is that before you invest your money on any coin you must be ready mentally and you must have a backup plan that might prevent fatal losses.
jr. member
Activity: 278
Merit: 1
April 08, 2019, 07:31:16 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.
At first you need to acquire knowledge about crypto trading and about crypto market strategy. For this you can use some books or you can acquire knowledge from youtube. After that put a small amount of money for experiment.     
hero member
Activity: 1078
Merit: 501
April 07, 2019, 12:16:28 PM

We can't call ourself as a good trader if we can't surpass the challenges in trading. We encountered different concepts on trading but it is all depend on what strategy we could make in order not to lose, because losing is a kind of failure that anyone can't avoid of and it is part of our experiences we could comply to be a good trader.

I don't think there's anyone in this forum who's really a good trader because the good traders are doing it for a living and too busy to come here and talk about it. I have no shame to say I'm an average guy at everything in crypto, and probably trading is even my worst aspect of crypto.

But that's okay! Good traders are few, average traders is what we can all aim for. To maybe make some profit if we stay disciplined and true to the strategies we've studied.
I'm sure there are some good traders in this forum, but they do not engage much. You know because Bitcointalk is kinda the main source for finding information of new project and stuff.
For me as well, it is good way to gain information and knowledge about trading because there are so many useful posts which tells us ways to become good trader, I learnt from the forum that patience is the best way to become good trader, keep your emotions away and buy at red to hold and wait until your investment rise to trade.
legendary
Activity: 1358
Merit: 1000
April 05, 2019, 03:48:28 AM
To become a good trader, you need to practice often, observe the change in the price of various cryptocurrencies, conduct analysis and then you can consistently make a profit

Although you write here about the right things, I am sure there is no answer to this question. Even successful traders can hardly give it. Naturally, practice and experience are needed, knowledge as well.
member
Activity: 493
Merit: 28
April 05, 2019, 12:27:01 AM

We can't call ourself as a good trader if we can't surpass the challenges in trading. We encountered different concepts on trading but it is all depend on what strategy we could make in order not to lose, because losing is a kind of failure that anyone can't avoid of and it is part of our experiences we could comply to be a good trader.

I don't think there's anyone in this forum who's really a good trader because the good traders are doing it for a living and too busy to come here and talk about it. I have no shame to say I'm an average guy at everything in crypto, and probably trading is even my worst aspect of crypto.

But that's okay! Good traders are few, average traders is what we can all aim for. To maybe make some profit if we stay disciplined and true to the strategies we've studied.
I'm sure there are some good traders in this forum, but they do not engage much. You know because Bitcointalk is kinda the main source for finding information of new project and stuff.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
April 04, 2019, 11:50:25 PM

We can't call ourself as a good trader if we can't surpass the challenges in trading. We encountered different concepts on trading but it is all depend on what strategy we could make in order not to lose, because losing is a kind of failure that anyone can't avoid of and it is part of our experiences we could comply to be a good trader.

I don't think there's anyone in this forum who's really a good trader because the good traders are doing it for a living and too busy to come here and talk about it. I have no shame to say I'm an average guy at everything in crypto, and probably trading is even my worst aspect of crypto.

But that's okay! Good traders are few, average traders is what we can all aim for. To maybe make some profit if we stay disciplined and true to the strategies we've studied.
sr. member
Activity: 882
Merit: 250
April 04, 2019, 11:46:58 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 don't really depend on books because I always forgot all the things that I read. It's the thing that called 'analysis paralysis' that you are stuck thinking on how will it go on many occassions but you are just doing nothing. Try to do it at the same time like reading a few basic steps then use  a small amount to trade.
practice will make our improve our skills faster than just reading.too much articles make us confuse and no important thing will remembered.read and pratice will be good ways for us to be good trader.
full member
Activity: 504
Merit: 100
April 04, 2019, 11:39:18 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 don't really depend on books because I always forgot all the things that I read. It's the thing that called 'analysis paralysis' that you are stuck thinking on how will it go on many occassions but you are just doing nothing. Try to do it at the same time like reading a few basic steps then use  a small amount to trade.
hero member
Activity: 1064
Merit: 500
April 04, 2019, 09:33:01 AM
Learn and find good information about trade and besides that you also have to read a book about the best way to trade well and correctly, and besides that you don't need to be ashamed to ask about trading to those who are experts or seniors.
and you also have to learn about analyzing the market and keep trying until you can become a good and true trader, and make your experience a teacher that will make you successful.

Any information will be useless without trading. Practice, make mistakes and take them as the best lessons. The more experience you have, the better results you will get. Try to learn more about crypto every day.
member
Activity: 330
Merit: 10
April 03, 2019, 11:50:12 AM
"Good trader" is really a vague term. If you want to be a successful trader, the first thing you should know is to quantify your goals. The reason being quantifiable goals can be easily measured and one can know of what went wrong.' However, one shouldn't be too optimistic about defining their goals.
jr. member
Activity: 224
Merit: 3
April 03, 2019, 10:27:38 AM
To become a good trader, you need to practice often, observe the change in the price of various cryptocurrencies, conduct analysis and then you can consistently make a profit
I believe that opinions from people here are probably similar to yours but honestly, very few people can do what you say, even if they can do it, the result will still be is not too good because you can observe and practice regularly but it is still not enough to apply to the trading market, this market has too many possible situations, one person is not enough to understand all about the market. This means that you can practice and observe well to become a skilled and knowledgeable trader but to become a good trader, you will need more teammates, need more cooperation with other traders
full member
Activity: 1190
Merit: 212
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April 03, 2019, 06:45:58 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.

In my opinion this forum is the much better way to learn about trading than books or other things. Many people share their skills or easy way that how to become a good trader. Other hand you can also freely ask question about which you want to know. Many experts will answer their thought and share their experience ASAP.
I think indeed this forum can be a place for traders and mining to learn something new and get new news or news from existing cryptocurrency and not only that, they can also provide some tokens by becoming participants of bounty campaign or airdrop campaign.
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