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Topic: 🔥🔥🚀HOW TO BECOME A HIGH-PROFIT TRADER (IN VERY DETAIL)?🔥🔥🚀 (Read 233 times)

member
Activity: 156
Merit: 14
Luck is always necessary for a trader. Besides, the calm and trading strategies also contribute to making a profit.

Luck is just part of the game here, this trading is not on pure luck like gambling.
We are looking more on strategy and the future of the token we want to be with.
Study and research is the main thing here.

To the thread creator! thanks, this is a great help!

Thanks! We're glad it helps. Yes Luck is needed but it's not always the vital factor here and no one gets lucky in every trade. A sharp mind and right skill set are the essential components that help a trader lessen risky decisions and better their judgement in each trade.
full member
Activity: 1190
Merit: 111
Luck is always necessary for a trader. Besides, the calm and trading strategies also contribute to making a profit.

Luck is just part of the game here, this trading is not on pure luck like gambling.
We are looking more on strategy and the future of the token we want to be with.
Study and research is the main thing here.

To the thread creator! thanks, this is a great help!
member
Activity: 156
Merit: 14
That's very nice guideliness and a very accommodating advice and rules from your own. Everyone knows that being as a traders is really hard to work. But from the point become a high-profit as a trader is to have more self confidence, luckiest prayer and to plan your self in a good timing to trade.

Agree. Thanks for sharing. Knowing which timing is good indeed requires more practices. Yet the crypto market is naturally volatile so there's no guarantee that all the advice mentioned in this thread will work for every situation. I believe every one needs a bit luck to succeed in trading.
full member
Activity: 462
Merit: 100
That's very nice guideliness and a very accommodating advice and rules from your own. Everyone knows that being as a traders is really hard to work. But from the point become a high-profit as a trader is to have more self confidence, luckiest prayer and to plan your self in a good timing to trade.
member
Activity: 156
Merit: 14
Although it is very good advice, anything can happen in trading and despite the extreme caution, it does not suffer from losses.

Yeah but the more we know the better we estimate the situations. I believe it'll never be a waste to learn more.
newbie
Activity: 14
Merit: 0
Although it is very good advice, anything can happen in trading and despite the extreme caution, it does not suffer from losses.
member
Activity: 156
Merit: 14
Thank you for the opinion. Very appreciate.
You are welcome and thank you too for making this kind of simple guide but has a sense. I think I have something to add now and that is don't be too much emotional when you trade. Catching your feeling can do bad to your trades especially if you are dependent to your emotion. I have friend who traded before and he has sold every bitcoin he has because he felt bad that the market was bad at that moment.

Agree. Don't let your emotions dictate your trading. I will add that on my list too. Thanks!
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
Thank you for the opinion. Very appreciate.
You are welcome and thank you too for making this kind of simple guide but has a sense. I think I have something to add now and that is don't be too much emotional when you trade. Catching your feeling can do bad to your trades especially if you are dependent to your emotion. I have friend who traded before and he has sold every bitcoin he has because he felt bad that the market was bad at that moment.
newbie
Activity: 39
Merit: 0
These are useful tips for a trader, but without experience in trading, they do not make sense. Experience and luck are the best friends of any trader.

So the experience must be plunged first in trading lots of good tips but I think there are still other additions because there are many things you feel when trading.

Can you tell me what those feelings are?
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
I'm sorry but I am a holder. I think it is not right for me to be confined in the charts, I feel that I am stressed when my strategy is not right.
But anyway, these tips help me in making better hold strategies. Thanks so much for your positive contribution. Cheesy
sr. member
Activity: 1302
Merit: 250
These are useful tips for a trader, but without experience in trading, they do not make sense. Experience and luck are the best friends of any trader.

So the experience must be plunged first in trading lots of good tips but I think there are still other additions because there are many things you feel when trading.
newbie
Activity: 39
Merit: 0
Now it doesn´t matter if you are skilled in trading or not.
Thanks to all trading bots and social trading platforms people can earn also when they do not anything about trading.
I completely agree, but you should know how to set up a bot, and at least an understanding of the market is still necessary.


Agree. I dont think people should use bots if they know nothing about trading and the market.
full member
Activity: 588
Merit: 106
Now it doesn´t matter if you are skilled in trading or not.
Thanks to all trading bots and social trading platforms people can earn also when they do not anything about trading.
I completely agree, but you should know how to set up a bot, and at least an understanding of the market is still necessary.
member
Activity: 156
Merit: 14
3 words about this article: detailed, straightforward & (very) helpful. If you are a freshman or a freestyle trader looking for good advice in the crypto market, we hope this guide helps.

https://medium.com/datadriveninvestor/a-guide-to-crypto-trading-7f37ee7e4c17

In summary, the key factors that can help you become a high-profit trader:

- Choose a reliable trading platform
- Have a decent trading strategy
- Keep your capital safe is the most important
- The 1% rule
- Know how much you afford to risk (Position Sizing and Risk Management)
- Avoid fear and greed


For more details, you can go over the article above. Feel free to give your thoughts and share your experience on this topic. We strive to provide our community with good and practical advice.

Aaargh! i am sick and tired of people posting about how to be a good trader and all they could say is to have a decent trading strategy, we are here to learn and learning that strategy is why i am here so why don't you just drop us a trading strategy you are used to?

Err this is just a summary :\ That's why I said that you should go over the article for more details.
member
Activity: 574
Merit: 24
3 words about this article: detailed, straightforward & (very) helpful. If you are a freshman or a freestyle trader looking for good advice in the crypto market, we hope this guide helps.

https://medium.com/datadriveninvestor/a-guide-to-crypto-trading-7f37ee7e4c17

In summary, the key factors that can help you become a high-profit trader:

- Choose a reliable trading platform
- Have a decent trading strategy
- Keep your capital safe is the most important
- The 1% rule
- Know how much you afford to risk (Position Sizing and Risk Management)
- Avoid fear and greed


For more details, you can go over the article above. Feel free to give your thoughts and share your experience on this topic. We strive to provide our community with good and practical advice.

Aaargh! i am sick and tired of people posting about how to be a good trader and all they could say is to have a decent trading strategy, we are here to learn and learning that strategy is why i am here so why don't you just drop us a trading strategy you are used to?
member
Activity: 156
Merit: 14
Now it doesn´t matter if you are skilled in trading or not.
Thanks to all trading bots and social trading platforms people can earn also when they do not anything about trading.

I see. But can you be more specific about the pros and cons of using trading bots? Do they actually work in every situation? I mean bots can do a lot, but they can’t factor in fundamental analysis, breaking news, insider knowledge, FUD and FOMO etc. that make markets move.
hero member
Activity: 1204
Merit: 502
Now it doesn´t matter if you are skilled in trading or not.
Thanks to all trading bots and social trading platforms people can earn also when they do not anything about trading.
member
Activity: 156
Merit: 14
Thank you for the valuable information, definitely will study and take actions on the practice

Ur welcome friend. Hope you succeed in this field.
member
Activity: 156
Merit: 14
In summary, the key factors that can help you become a high-profit trader:

- Choose a reliable trading platform
Exchange does matter, use a known and reputable exchange. Don't settle for those exchanges that just came out, our funds are safer on the established ones.

- Have a decent trading strategy

- The 1% rule

I think these two shall be merge. The strategy of 1% rule but you can also make it up to 5%.

The other strategies are correct. I don't have anything to add but simply remember that trade what you afford to risk.

Thank you for the opinion. Very appreciate.
member
Activity: 156
Merit: 14
Luck is always necessary for a trader. Besides, the calm and trading strategies also contribute to making a profit.

Agreed. Luck is very important, but I don't think that is the long-term key. Learning and having good skills will do.
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