how to become a trader - page 16. | Bitcointalksearch.org

Bitcoincole

full member

Activity: 504

Merit: 102

Quote from: AliCris on January 14, 2018, 02:01:19 AM

It is impossible to become a good and successful trader in one day. Have to learn a lot and read a lot of literature and view a lot of videos to develop your strategy for trading. When this is very vysyka probability that you will lose a lot during your studies. In the crypto currency, there are no demo accounts for study and will have to act at your own peril and risk.

First of all trading in bitcoin forum is an act of exchanging token into another currency. In this procedure there is a risk anytime during transaction especially to newbie it could lose sometimes our coin. To become a better trader you should stick into the plan were most of people here are digging information on how to trade. And continuous learning by reading and collecting some important details that commonly shared by fellow trader in this site.

AliCris

sr. member

Activity: 532

Merit: 251

It is impossible to become a good and successful trader in one day. Have to learn a lot and read a lot of literature and view a lot of videos to develop your strategy for trading. When this is very vysyka probability that you will lose a lot during your studies. In the crypto currency, there are no demo accounts for study and will have to act at your own peril and risk.

putrisa

full member

Activity: 420

Merit: 100

Quote from: sonali2015 on December 11, 2017, 02:56:24 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.

without you knowing you actually have often do trading, not from bitcoin trading factor, you actually have often trading when you buy something like a drink or food, with the money you have you can get what you want or you buy by exchanging your money with drinks or food you want.

boychicks3

newbie

Activity: 28

Merit: 0

Quote from: bitChipper on December 11, 2017, 03:02:24 PM

Trading is different then investing, first you should determine if you are going to trade or invest. Investing is buying and holding for years, trading is simply buying and selling to make a profit regardless or the fundamentals of a coin.

Figure out which coins you like and buy and hold them dont trade them, on the other hand find coins you think will go up in maybe a couple of months and try and trade those.

Stop losses and indicators are something you should become familiar with and remember trading has a lot of emotion involved, dont let your emotions get the best of you. Good luck

thankyou for the useful tips. im also new and finding some tips on trading

Jackblack90909

sr. member

Activity: 552

Merit: 250

Firstly you have to get a good knowledge about trading, because it is highly needed. Keep reading and learning from traders, to know how to avoid the biggest issues and mistakes. Then you can start trading with small amount, with time you will get good experience and you will learn how to minimize the risks.

cybersofts

copper member

Activity: 658

Merit: 284

Quote from: sonali2015 on December 11, 2017, 02:56:24 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.

The best way to start trading is by learning about it and the good place to start learning about the bitcoin and altcoins trading is YouTube. There are so many good video tutorials about bitcoin and altcoins trading on YouTube. When I was starting out with trading I learned a lot from videos on YouTube and I'll suggest anyone how is new to trading to do the same.

sonico

member

Activity: 97

Merit: 20

It's so cliche, but is so much true:

Warren Buffett — 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful'

We see this behaviour in every Dump <> Pump

Night4G

full member

Activity: 252

Merit: 100

Quote from: Sallysakky on January 13, 2018, 07:16:18 AM

You need much time to gain experience and have your own overview of the market, also trading requires a lot of patience.
There are a lot of trading types, some earn on top coins according to the calendars, positive news,analysis or signals, some earn on pump and dump coins, some are relatively long-term holders. Also there are a lot of situations when you can gain profit, for example situation when coin/token price on one exchange is higher then in another. etc.
All depends on you. Be patient.

do you have any sites on where I could buy some coins and see some market cap? I really have to learn more about trading and gaining high profits

Sallysakky

member

Activity: 119

Merit: 14

Kawa

You need much time to gain experience and have your own overview of the market, also trading requires a lot of patience.
There are a lot of trading types, some earn on top coins according to the calendars, positive news,analysis or signals, some earn on pump and dump coins, some are relatively long-term holders. Also there are a lot of situations when you can gain profit, for example situation when coin/token price on one exchange is higher then in another. etc.
All depends on you. Be patient.

Crislyn4116

member

Activity: 336

Merit: 10

To be a trader is very difficult job trading is not accurate job you need to study different candle sticks and all basic needs in trading you need also a big fund to get a big profit every trade..

19mlmendoza82

member

Activity: 84

Merit: 10

AQGmvEGdwBDWpNmH23337qRVEdqj7wduzj

simply trade religiuosly... win or lose just go ahead.. control your emotions.... read a lot of trading books... find a memtor for trading

cyber_smiley

jr. member

Activity: 52

Merit: 3

Quote from: ramzhies on January 12, 2018, 08:08:45 AM

in cryptoland, everyone can be a trader.. follow the swing like how the boat rides the waves..

Why don't you explain how to ride waves?? It's not that easy as you say. Please provide more information. Thank you. Huh

micher143

hero member

Activity: 798

Merit: 500

Quote from: wayaneka on December 12, 2017, 03:34:01 AM

Firstly you should be understand the risk so only use money willing to lose to start it, and then learn about technical analysis and how to read the chart and learn how to specify support area for buying and resistance area for sell. Other thing learn how to manage the risk in trading and built good risk management and trading plan like specify amount of take profit and stop loss, and the most important thing is learn how to manage your emotion in trading, dont be greedy and always be patient.

We should always be aware on the risk Bitcoin could give us. Because risk is always there in any type of investment, trading or even in business. Trading Bitcoin is not just like other form of trading because the changes in terms of price on cryptocurrency is quite fast and the movement is constantly changing so it will need to have graph and to have a proper education for us to know the right decision.

otunayode

full member

Activity: 462

Merit: 100

If you intend to become a trader, the cryptocurrency market is the best place for you . You will gain experience and grow with each and every trade you complete. Experience is the best teacher as they always say. In cryptocurrency that is very true.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

You need to have some capital first in bitcoin in order to have a capability to buy some altcoins in the market. After you prepare your bitcoin for a capital then you should study the chart first like how to read the candlesticks and also how to use some indicators that you may see in the different exchanges or site that will enable you to use as a charting tool.

rhodelmabanal

full member

Activity: 1251

Merit: 103

Buzz App - Spin wheel, farm rewards

I want you to be patient and humble because when everything goes wrong it might too hard to tell that it is the strategy to earn money. You need also to be analytic and observant in order to update the situation in full alert. This might be a good challenge to us because you will be struggling some basic knowledge materials to make a whole new level. Trading also needs characteristics on other person like communication you need to bond on some other traders not to stole their idea but to learn how much it takes to be a trader. At some point you could learn how to be a risk taker in prices and how to handle money.

ramzhies

newbie

Activity: 126

Merit: 0

read a lot on forex trading..
determine ur risk appetite.. if higher risk, go for day trding.. medium risk, position or swing trading.. low, invest lol

Feduk

member

Activity: 126

Merit: 10

There are types of methods in crypto-currency trading:

Classic trading,like in the stock and currency markets.
Arbitration between crypto-exchange exchanges.
Investment of funds at the start (or before the start) in the project for forex or fork.
Work with derivatives (derivatives) Bitcoin.
Work on PAMM accounts.

So choose your strategy, work through it and begin you earn money from money

ramzhies

newbie

Activity: 126

Merit: 0

in cryptoland, everyone can be a trader.. follow the swing like how the boat rides the waves..

Night4G

full member

Activity: 252

Merit: 100

Quote from: pandanaran on January 12, 2018, 07:24:06 AM

Quote from: sonali2015 on December 11, 2017, 02:56:24 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.

You know become trader just need capital then buy and sell, I think what you need to know is how to be able to understanding, analyzing by reading the existing information.

just what he said earlier, you just have to analyze the market's price and situation to gain much more profit from the coin that you will buy.

Topic: how to become a trader - page 16. (Read 2303 times)