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Topic: how to become a TRADER - page 14. (Read 8483 times)

hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
December 12, 2017, 01:01:19 AM
There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.
Wow this is good guide for newbie. Do you have any specific document about "money management"? If yes then will help us a lots.

Yeah, he give us good suggestions for a newbie, but if you want any specific documents about money management, then you could search about it on online, it is not difficult thing for searching and managing. As a trader when you start trading then time by time you could handle your money and manage it.     
member
Activity: 434
Merit: 10
December 12, 2017, 12:44:18 AM
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.

You probably had a beginners luck! Congratulations! Keep practicing at small amount to trade to be familiarize with the flow of a coin. You must know that theres a risk. Not everyday will be your lucky day so also be prepared when your having a badguy. You have to control your emotions and always be patient

Wow, it's great that you earn that amount in trading. Well, being a trader is not easy you need to gather enough information in order to come up the decision that its a right time to trade that could have gaining enough profit. Also, you should be patience and wait the exact time if you trying to hold it the best as you can so that you can earn much more equivalent value the token that you hold in trading process. Having many tokens will have a good value in the future as time passes by to earn more money that will support our daily needs in life.
member
Activity: 67
Merit: 10
December 10, 2017, 07:00:35 AM
There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.
Wow this is good guide for newbie. Do you have any specific document about "money management"? If yes then will help us a lots.
member
Activity: 194
Merit: 10
December 10, 2017, 04:51:53 AM
If you want to be a trader, you need to more knowledge about altcoin but if you no idea with trading you can watch babypis website and you can get help form here and your will be a trader so now you can check this website become a trader.
full member
Activity: 588
Merit: 100
December 10, 2017, 04:04:44 AM
To become expert trader you should be learn and understanding about technical and fundamental analysis, and to learn it not enough in one day but you have to learn it contoniously and patient until you really understand how does it work. Beside that should learn other thing like how to manage the risk and also learn about psychology of trading.
Initially it seems to me, you need to fully study the whole process of trading, to feel like a fish in the water. And only then it will be possible to pay attention to important aspects of this work.
full member
Activity: 574
Merit: 102
https://adonx.one
December 09, 2017, 11:45:31 PM
To become expert trader you should be learn and understanding about technical and fundamental analysis, and to learn it not enough in one day but you have to learn it contoniously and patient until you really understand how does it work. Beside that should learn other thing like how to manage the risk and also learn about psychology of trading.
member
Activity: 153
Merit: 10
December 09, 2017, 11:14:53 PM
To become a trader you need to have a background in financial knowledge and then a specialized knowledge of the market you join.
You need to understand technical analysis and basic analysis.
Then there is the accumulation of experience and starting small transactions
sr. member
Activity: 350
Merit: 250
December 09, 2017, 07:27:02 PM
haha, I think you should not only reading. The most important thing is that you have to practice. Prepare amount of money and practice frequently, you will improve your skills
hero member
Activity: 798
Merit: 500
December 09, 2017, 07:15:01 PM
I tried trading, but i always lose. Trading is hard. I watch youtube and gain knowledge. Most of the coin is pumping because of hype then suddenly in colapse. Now i research before buying new coins in the market.
I think you have to learn more to become a successful trader as trading is not much harder but only you do not have knowledge and skills that is why you are losing your money and are not successful. If you will go to any institute for learning it then you will be at benefit to learn it.
sr. member
Activity: 518
Merit: 257
December 09, 2017, 05:58:35 PM
There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.
full member
Activity: 602
Merit: 129
December 09, 2017, 07:32:09 AM
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
Firstly you need to have the attitude of a skilled trader that doesn't panic on an altcoin that decreases and has the mindset of a positive individual. You need not to monitor each and every coin to profit you sometimes gamble from it. Trading is risky sometimes but you just have to accept the fact that sometimes things  doesnt  go well as planned. Thats why you need to control your patience and or feelings.
full member
Activity: 363
Merit: 101
December 09, 2017, 07:03:06 AM
If you want to be a best crpto currency trader you must know about basic knowledge with chart pattern. if you don't know and don't understand chart pattern you can't make huge money from trading. we show you a some tips that you can follow my tips, number one is we show you a website that is help for you https://www.babypips.com/learn/forex/japanese-candlesticks-cheat-sheet. if watch this site you can get a more information about trading. 
This is just one thing no one should ever leave out when it comes to trading. Trading is not just something you gamble your way in because you will definitely go the same way out when you realize you are losing a lot.

There is a lot of knowledge that is needed to be imbibed when it comes to trading in general and crypto trading is not exempted. If anyone fails to do this, then they should be ready to be good at failing.
member
Activity: 182
Merit: 10
December 08, 2017, 10:51:02 PM
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
Just like you, I want to learn how to trade and become acquainted with the field of cryptocurrency trading. Since I am not expert about trading process, well I have read some article about "5 Easy Steps For Bitcoin Trading For Profit and Beginners" and this might help you too. Here's the link and hope you learned some strategies to become one. (https://www.weusecoins.com/bitcoin-trading/).
full member
Activity: 196
Merit: 100
December 08, 2017, 08:01:21 PM
Experience and techniques are two major factors that decides the fate of a trader. Taking the right call at the right time after studying the technical charts, trends and other needful analytics is the key to success. You may lose some money at the beginning but don't lose hope as these losses is the best teachers and helps to gain meaningful experience which nobody can teach you.

Good explaination.
After technical analytic,  we also need start learning how news working to move the price.
Technical and fundamental are important to gain success in trading.
sr. member
Activity: 777
Merit: 251
December 08, 2017, 07:41:38 PM
In the first place you should have enough money to trade. because trading is risky if you've decided to make it a job. but for me i do trade if the market is bull run. wait for another year to trade coz all alts will shine on the year 2018 and more,
hero member
Activity: 826
Merit: 502
December 08, 2017, 07:07:30 PM
I tried trading, but i always lose. Trading is hard. I watch youtube and gain knowledge. Most of the coin is pumping because of hype then suddenly in colapse. Now i research before buying new coins in the market.
I think you are not much expert in trade now so you do not need to put much of your money in trade now and have to learn more.. If you cannot learn from youtube videos and other articles from internet then you have to take lessons from expert traders and teachers who teach in some educational institutes for trade.
member
Activity: 311
Merit: 10
December 08, 2017, 06:42:05 PM
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
You need more practice. And always learn. You can't become successful trader in 1 year  - it is a long road but  for those who don't give up, wait great success.
member
Activity: 112
Merit: 10
December 08, 2017, 02:44:56 PM
First you need to know about Bitcoin and Altcoin. You can search google for Trading information.
You need more knowledege about trading the strategies. Then you must be full of patience as a traders.  Smiley
sr. member
Activity: 462
Merit: 250
December 08, 2017, 02:33:09 PM
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.

As you said that you have earned 0.001 btc from trading, then its mean you have learned it and it is starting, i suggest you continue your trading with the time you will learn and expert on it. Time by time and our experience wise everyone expert on it. We could understand it in a day but we start profit with the time.

learned a lot about the crypto currency but the thing is you have to enhance it more and make this kind information for you to be more good and efficient for the more years to come for you as a trader just keep o learning and there is nothing wrong with that.
member
Activity: 263
Merit: 10
December 08, 2017, 02:26:14 PM
accuracy is necessary in trading, we must be smart in analyzing prices, We also have to take risks in such trading.
because trading is not just about buying and selling.
Accuracy most especially in decision making. Like you said, most people always attribute trading to the normal buying and selling, but the most important thing here is that we are in a huge unpredictable market and we are all here to make profit.

Two things are always happening in trading, you bought at a good position, new investors are coming in or someone is losing somewhere is what makes someone to be winning somewhere. Any trader who does not want to be dashing other traders their money should know better to learn how to make good decisions with some good strategies.
Only a fool can define trading is the simply buying ND selling of goods. Trading is though buying and selling but here you both are looking for your profit, you negotiate over the prices. Trading is the best profession for earning your livelihood and massive profit.

Indeed there are many books and articles out there which simply discuss how to be good at trading because you need to make right decisions at right time in this fluctuating market.
Experience and procedures are two main considerations that chooses the destiny of a dealer. Accepting the correct call at the ideal time in the wake of concentrate the specialized outlines, patterns and other needful investigation is the way to progress. You may lose some cash toward the start yet don't lose trust as these misfortunes is the best educators and increases important experience which no one can show you.
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