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Topic: how to become a trader - page 10. (Read 2240 times)

full member
Activity: 434
Merit: 117
February 21, 2018, 12:10:24 PM
I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
I can say that this forum can help you to answer all of your questions. If you want to become professional trader, you should always be hungry to all of the information about trading. Having a lot of information can help you to become successful trader.
jr. member
Activity: 286
Merit: 8
February 21, 2018, 12:01:54 PM
If this problem is solved, then it is a way of wisdom leading to the masters
Maybe talent has a big reason, but more should be the reason why traditional stock futures markets accumulate experience and risk appetite
full member
Activity: 196
Merit: 100
February 21, 2018, 09:45:36 AM
Become a professional trader by learning trading basics and advanced basics. The next step to learn strategies and gain experience implementing them. Unfortunately, the path to becoming a professional trader isn't a straightforward one. There is a significant amount of incorrect and misleading .there are many website has trade related,www.babypips.com www.investpedia.com etc. Then, learn how to operate on different trading platforms and start making some trades until you establish you're own trading profile.
full member
Activity: 658
Merit: 102
February 21, 2018, 09:15:22 AM
Gather informations on trading, study the different methods that used in trading, ask some trading tips from a skilled trader and don't stop learning even when you are already trading. Trading requires constant update on knowledge and skills so you can readily adapt on any changes in trading and technology.
member
Activity: 140
Merit: 16
February 21, 2018, 08:54:08 AM
Well, if you buy just some Satoshi, you are officially a trader! :-)
Of course, if you want to be a GOOD trader and make o life from it, it's a completely different discussion.
There is a lot to know, and here on the forum there are very interesting discussions.
Try to understand what advanced traders are talking about, than take a little sum that you can risk, and...jump in!
newbie
Activity: 104
Merit: 0
February 21, 2018, 08:45:25 AM
Determine which type of trader you would like to become. There are a variety of different types of trader which you can become, so spend some time thinking about what role and job description fits your skills and interests most. Most traders will work for a company, buying and selling shares, bonds and assets for investors. Flow traders work for banks, buying and selling for the bank’s clients. Proprietary traders buy and sell on behalf of the bank itself.
Sales traders act as intermediaries between a client and the market, investing their clients’ money. They talk to clients directly, advising them on the market and investment opportunities.
The main difference is that sales traders only invest where instructed by their clients, so the trader is not taking a risk with the investment.
Some traders will specialise in a particular product or market area.
You could also work independently as a day trader if you had enough capital.
hero member
Activity: 1120
Merit: 507
February 21, 2018, 08:24:48 AM
Becoming a trader is easy, you can always google it or search on Youtube to know what to do as a beginner. That's what I did when I first started trading, and make it a point that when you try to trade for the first time do not expect to gain profits right away. Do not spend your money if you can't afford to lose them. And it does takes a lot of practice and researching to get to know the coin you want to invest in too.

It sounds easy because trader only need to buy low price and sell in high price, but in fact it is not that easy. Many aspects should be learned before newbie become a real trader and it takes not short time of learning. It should be done step by step starting by learning the theory then practicing it. Practice can be done freely because there are some trading application where people can learn about trading.
That is the biggest mistake that is usually done by most especially newbies. They are always in a haste to do everything, looking for ways to quickly gain more and forgetting all the necessary things they need to learn first before going ahead with their catastrophic decisions because that is exactly how it ends up for them and their assets. Trading only gets easy over time for those who learned, are still learning and getting experience to get better at their trade.
hero member
Activity: 756
Merit: 500
February 21, 2018, 07:55:15 AM
Becoming a trader is easy, you can always google it or search on Youtube to know what to do as a beginner. That's what I did when I first started trading, and make it a point that when you try to trade for the first time do not expect to gain profits right away. Do not spend your money if you can't afford to lose them. And it does takes a lot of practice and researching to get to know the coin you want to invest in too.
Well, to me, it is only easy for those who are ready to do some research, find some pretty good articles online and go through the stages of learning without rushing at all. I have gotten to see a lot of people who either they are so lazy to learn or they just love taking a huge uncalculated risk.

That is exactly how I see those who do not learn and think they have an inbuilt talent that can pull them through until they learn their lessons the hard way.
full member
Activity: 363
Merit: 101
February 21, 2018, 07:36:19 AM
You will not become a successful trader in one day. We need practical experience, knowledge and capital.
You should start with learning the basics. It is advisable to take a course on trading.
To learn technical analysis tools and trader.Practice and read well-known books on trading.
Learn how to define entry and exit points
Rome was not built in a day and if any building ends up being rushed without a proper foundation, it only ends up crumbling and causing even more damages. That is how trading is. You have to get that strong foundation first to make you start building some experience, and after wards, you have to keep learning to keep getting different ideas on how to even do it better to be able to get more at the end.
full member
Activity: 461
Merit: 101
February 21, 2018, 05:36:11 AM
Trading is simple but not easy and in order for you to become a trader then you should start doing and practicing your own trading method. There are lots of ebook and guide anywhere you can find in the internet, tons of reliable fundamental and technical analysis guide for newcomer which you can try and determine yourself should it suit your best. However you should also understand trading has a lot of risk and the main reason of this is risking of losing all of your money in a single trade. So the question to yourself, are you prepare for this?  Grin
In fact, the final question should be, are you prepared to learn? The only way to avert most of the trading risk is by learning. A lot of people always skip this step and rather than looking for articles online and some stuff to gain knowledge like you have said, they always end up having these feelings that they can get all they need by just registering on an exchange and then gain some experience to make them better as time goes on.

This is a very good way to keep gambling until they end up losing everything until they find out that learning is the only way they can make a good decision.
To be called as a trader is easy, when you're the one who used to pay money in a service or goods or vice versa that person can be called as a trader but being called a trader here in a world of digital currency is not that simple. A trade in cryptocurrency is a bit complicated and risky I guess traders of cryptocurrency can somewhat be called as a gambler.😂
hero member
Activity: 882
Merit: 500
February 21, 2018, 05:06:29 AM
Trading is simple but not easy and in order for you to become a trader then you should start doing and practicing your own trading method. There are lots of ebook and guide anywhere you can find in the internet, tons of reliable fundamental and technical analysis guide for newcomer which you can try and determine yourself should it suit your best. However you should also understand trading has a lot of risk and the main reason of this is risking of losing all of your money in a single trade. So the question to yourself, are you prepare for this?  Grin
In fact, the final question should be, are you prepared to learn? The only way to avert most of the trading risk is by learning. A lot of people always skip this step and rather than looking for articles online and some stuff to gain knowledge like you have said, they always end up having these feelings that they can get all they need by just registering on an exchange and then gain some experience to make them better as time goes on.

This is a very good way to keep gambling until they end up losing everything until they find out that learning is the only way they can make a good decision.
full member
Activity: 252
Merit: 102
February 20, 2018, 12:13:52 PM
Becoming a trader is easy, you can always google it or search on Youtube to know what to do as a beginner. That's what I did when I first started trading, and make it a point that when you try to trade for the first time do not expect to gain profits right away. Do not spend your money if you can't afford to lose them. And it does takes a lot of practice and researching to get to know the coin you want to invest in too.
member
Activity: 434
Merit: 10
February 20, 2018, 11:01:35 AM

I am far from being an experienced trader, so that they need to become very familiar with and constantly develop and learn. For this I try to read more and watch some videos on youtube.
Being a trader needs a lot of experience because it is a serious matter that involves our assets. Like what you pointed out, we need to study first by watching YouTube videos about trading tuturials. Also, we can seek help to our friends who knows already about trading. By doing these things, it can really help a lot to be the a trader.
newbie
Activity: 159
Merit: 0
February 20, 2018, 10:33:20 AM
I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.


You should learn about trading knowledge before replace your money with trade platform. Never start trade before know real market work, you'll face loss and always panic when take decision. Learn to become trader is not easy but you can try demo account or use your little money you have on the real market. Do that until you find the best strategy to make money and don't forget about money management. Ready for that? good luck to you.
Right now, people should start learning how to look for information first before even asking questions or starting a topic because with just only this act, it is obvious if the OP continues like this, he will end up a very bad trader.

Becoming a trader is not the main thing, but being good at what you do is what really counts and if by now, the OP does not know how to use Google search functions or the search functions on this forum, and then he is not really ready.

The more I read this thread, the more I believe you are right. To do any job good, not just day trading one should know how to use professional tools, to research information extensively, to use critical thinking to the data you have read, to be bold enough to take a risk, to make mistakes and learn from them. There are also requirements for traders: 24/7 focus on the market, manage emotions, enjoying taking risks all the time.
Not to mention good luck!
member
Activity: 233
Merit: 10
February 17, 2018, 03:55:46 AM
If there's a person who is willing to teach you that's the best way because some famous traders who teaches you need to pay them it can reach about $5000 to let them teach you which is alot of money and you really need to focus when he teaches.
full member
Activity: 448
Merit: 102
February 17, 2018, 02:11:06 AM
I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
It seems that you are asking how to be a good trader. You can consider your self as a good trader if you can focus everytime and you are not panicking because you can control your emotions. Becoming a good trader is easy because you just need to improve your patience and emotions.
Taking better decision in hard times, this is the supreme goodwill of a trader that shows how better trading skills he got. Many people don’t do this because they are unable to make better decisions when situations are not steady and safe. Majority times they got panicked and this let their decisions based on emotions, profit and loss for a time being. So don’t let your emotions control you.
member
Activity: 294
Merit: 10
February 15, 2018, 11:55:35 PM
Initially you ought to be comprehend the hazard so just utilize cash willing to lose to begin it, and after that find out about specialized investigation and how to peruse the diagram and figure out how to determine bolster zone for purchasing and protection region for offer. Other thing figure out how to deal with the hazard in exchanging and constructed great hazard administration and exchanging plan like indicate measure of assume benefit and stop misfortune, and the most vital thing is figure out how to deal with your feeling in exchanging, don't be eager and dependably be quiet.
full member
Activity: 294
Merit: 161
February 15, 2018, 04:18:12 PM
The only real way o become a trader is by doing it and learning from its mistakes. You can learn from books and listen to advice from traders, but only when you really go through it yourself you will really see how that is, like when you wait and wait to sell and imediately after you sell it rises. The whole psychology of it is another thing of it. So it is best to start trading with amounts of 100k satoshi or less to get a handle in it before you start pouring in big money, otherwise a loss can hurt you big time at the beginning of it.
full member
Activity: 532
Merit: 101
February 15, 2018, 04:13:47 PM

I am far from being an experienced trader, so that they need to become very familiar with and constantly develop and learn. For this I try to read more and watch some videos on youtube.
member
Activity: 207
Merit: 10
February 15, 2018, 01:55:46 PM
Well, everyone can become a trader. If you really would like to learn it as a beginner, check out the launch of the new exchange Capdax anytime soon. There is a TGE next saturday and there will be plenty opportunities for new traders to learn from more experienced traders. It is really their USP!
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