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Topic: how to become a TRADER - page 17. (Read 8483 times)

sr. member
Activity: 672
Merit: 250
November 29, 2017, 12:17:50 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.
I think experience is best in trading. a lot of blog site that regularly discussion about alt coin. if you follow this site you can create knowledge about alt coin. if you know alt coin you can create profit in trade. other you can follow trading discussion for regularly update.
member
Activity: 378
Merit: 13
November 29, 2017, 10:10:45 AM
You can become a trader just by doing trade. All you have to do is research and learn everything you can before you chose to invest in a coin or token. You should be confident enough before investing in that particular project. And when you are,invest and have patience and faith. You just keep yourself updated with the charts everyday. If you think that selling that coin will be profitable for you, no matter if it's just 5% profit, just sell, if you want to. In the start when you're a new trader, go for LEARNING things and not EARNING profits.
Good luck in the whole journey! Smiley
Trading is not a difficult job rather it is a bit tricky in nature. The trader must have patience and a calm mind, otherwise he will face loss. The most important skill of a trader is to take right decision at right time and it can be done only if he has a good understanding of the asset he is dealing with and trust his investment. This can be achieved only by having a cool nature and deep sight.
The tricky nature of trading is where the amusement is in. There are totally different levels of trading and one just have to find that which one can be comfortable with. Patience does not apply to every level of trading and unless you are doing positioning trading which you are sure of the point you are entering or you are holding for a very long term, then I would not advise patience. The most important thing is to know where to enter and where to get out. If you are good, hardly can you miss a good entry point, but you have to understand that the market is not 100% predictable.
full member
Activity: 224
Merit: 100
November 29, 2017, 10:01:48 AM
First you should watch more video and add yourself a lot of knowledge. Then you will invest a small amount to trade and gain experience. If you feel good and you find yourself capable of making money then invest a great amount of money to make you profitable
full member
Activity: 364
Merit: 100
November 29, 2017, 09:41:39 AM
Trading is not so easy job which can be performed by everyone. For trading you should be patient and high observer of the currency market because it is very fluctuated market. Fir this you should a sharp mind person and having knowledge and money for doing this. A lot of good opportunities came into this market as the bitcoin price increases much in this year.
full member
Activity: 266
Merit: 100
November 29, 2017, 07:14:25 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.
The fact that you earned .001 btc means that you still did pretty good. Because profit is still a profit no matter the amount. Imagine if you used an even bigger capital when you did your trade compared to what you actually used. You'll earn an even larger amount of profit right? Just keep on doing what you are doing. You'll keep on earning a small and steady profits from your trades. Even if you did lose a trade, don't lose confidence. Trading is a gamble. You don't always win it. That is why you need to learn from those mistakes and also increase your knowledge by reading useful articles online. This is how you become an effective trader.
newbie
Activity: 44
Merit: 0
November 29, 2017, 06:51:23 AM
Trading is one of most toughest thing.it needs proper informations about the basics and fluctuations of market.Dnt just jump into trading without proper knowledge.Lot of newbies do blunders and then blame the market.first learn through youtube google and different blogs.and if you can afford go for some reliable paid course.after that you would be a successful trader.
full member
Activity: 168
Merit: 100
November 29, 2017, 06:43:52 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.

As trader you have to understand the knowledge. If not, you have to learn from tradeing teacher or trainer.
Technical analysis is improtant, also chart pattern as reference before maling decision.
hero member
Activity: 994
Merit: 502
November 29, 2017, 06:14:12 AM
When one keeps in learning more and more about bitcoin as well other altcoins, automatically he can become a trader. Because, these days due to the increased exchanges and the access is much easier. Here risk is found high, one needs to learn to overcome such situations.
member
Activity: 189
Merit: 12
Buy, sell and store real cryptocurrencies
November 29, 2017, 05:51:28 AM
How to become a TRADER? This is easy question, you just need to deposit your money to trading sites and start trading and such you become a Trader  Grin but to become a good trader who generate profit from trading you need to learn a lot of thing like technical analysis market, knowledge about market which you want trading (in case is Cryptocurrency Market) even the way you control emotion when trading. Moreover you also need to accumulated experience trading a long long time to become a good trader
member
Activity: 120
Merit: 10
November 29, 2017, 04:09:21 AM
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.
member
Activity: 308
Merit: 10
November 29, 2017, 03:59:03 AM
You will become a trader if you succeed in trading Crypto. To succeed you need to be able to monitor and research this new market. Learn from internet knowledge and trading groups on crypto trading.
sr. member
Activity: 423
Merit: 250
November 29, 2017, 03:34:07 AM
You can become a trader just by doing trade. All you have to do is research and learn everything you can before you chose to invest in a coin or token. You should be confident enough before investing in that particular project. And when you are,invest and have patience and faith. You just keep yourself updated with the charts everyday. If you think that selling that coin will be profitable for you, no matter if it's just 5% profit, just sell, if you want to. In the start when you're a new trader, go for LEARNING things and not EARNING profits.
Good luck in the whole journey! Smiley
Trading is not a difficult job rather it is a bit tricky in nature. The trader must have patience and a calm mind, otherwise he will face loss. The most important skill of a trader is to take right decision at right time and it can be done only if he has a good understanding of the asset he is dealing with and trust his investment. This can be achieved only by having a cool nature and deep sight.
hero member
Activity: 644
Merit: 500
November 27, 2017, 04:27:04 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.
invest a lot of capital and good at reading up and down market prices.
Besides what you have said here, I think learning make you a better trader rather investing big amount. You have two options when you find any results of your trading. Either you win or you lose. So in case of loss, you must need to learn what the mistakes that produce this bad results are. Ignore that mistakes next time and earn better. Learn and teach, better trader you would be.
It obviously does. Trading is a profession and except for those who want to see it otherwise or as gambling, then I bet they just have to keep depending on their luck when they are buying low and selling high like some people have been saying.

Every profession requires learning and no one was born a Doctor, Lawyer, Engineer etc. They learned and became good at it and with experience they even became better. Trading is not different and which is why a lot of people have failed when it comes to trading.
There is absolutely no point of denying this fact that trading is very much important as well risky thing to do. It requires lot of motivation and self-determination along with good amount of knowledge and sharp mind. If you really want to become a trader, then you have put in best of your best efforts for learning something about trading. You get to know the things with passage of time, so you have to be patient as well.
full member
Activity: 280
Merit: 101
November 25, 2017, 06:28:48 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.

i think you have the same thought with every trader in the world when you say that you prefer more profit than trading.
have you ever been thinking how we get profit without trading? it is not possible.
profit is coming from trading ( if talk about trading not gambling ), so at least you buy some coin and hold it then sell when price high ( like swing trader ).
full member
Activity: 172
Merit: 100
November 25, 2017, 06:12:27 PM
If you want to become a trader then you should put some passion to it because it is not easy if you don't put passion in trading and you need to put a lot of attention and time in studying or learning how to trade because if you don't put enough things in trading then you will just lose chance to become a good trader.

True, many people think themselves as good traders, actually they lack lots of skills in trading and they don't want to develop their skills by educating themselves. We must be honest all the time.

I read many blogs, articles, sources. I also do trade on the platforms to become a good one.
full member
Activity: 210
Merit: 120
November 25, 2017, 06:01:03 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 will not earn in trading as easy as you think it will. Ofcourse, trading is also risky just like gambling. You will buy bitcoin in a particular time, without idea on weather it will go higher so you could sell it and have a profit. So you will never know, unless you are knowledgeable enough about the bitcoin price, you monitored it when will it goes up and down. So you will also know when you are going to buy and sell.
hero member
Activity: 570
Merit: 500
November 25, 2017, 05:30:36 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.
To become a trader you need knowledge related to the financial world, marketplace and you have to know details about the projects related to altcoins. If you want to be a good trader, then you need also experience.
member
Activity: 112
Merit: 11
November 25, 2017, 04:35:53 PM
Trading is difficult. I strongly suggest to do a lot of research and play around on a practice account with trading cryptos. You'll need an initial investment of at least $100 i would say and after that the work and research you do strongly affects how successful you will be. There are plenty of resources online to help you get started... look on udemy for courses.
full member
Activity: 216
Merit: 250
November 25, 2017, 02:25:57 PM
Preparing the knowledge is the most important thing you have to do before being the trader.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
November 25, 2017, 12:33:09 PM
I think you should start with the small surfing you should find video tutorials that you see candles, rsi, macd are small tasks. I think you should take a small amount of money to test it out. You should also learn to preserve your capital to reduce the risk of losing money as little as possible. Wish success.
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