Topic: how to become a trader - page 18. (Read 2282 times)
basic trading is buy low and sell high but the hard part is predict the exact time when buy or sell but this skill can be learn from experience to trading even the beginner still have any chance to being a traders however i think plenty article related to step by step how to be good traders exist currently and you can search it through searching engine such as google
In order to become a trader, you need to keep up-to-date on coins with large oscillations in a relatively short time. Practically you profit from raising a coin, then selling it and buying something else. For this you need to be informed about the history of each token and its market power.
received exp.and after becoming a well knower
I think you must read the mean of trading first and how to make a reward. If you have know it and how it's working, you must invest some many to try with real condition. In this side, never chasing the income first, but spend a little of your time to learn and practicing your own trading skills.
It is a common thing, if a beginner trader in forex trading suffers losses that lead to the loss of all the capital it has. Many factors that cause a beginner trader always lose, one of which is that trader does not understand risk management in forex trading well. They often make trades without knowing the limit of losses that must be received, thus making their trading activities too quickly stopped. Knowing the many beginner traders in forex trading that failed, make some people who want to do forex trading becomes pessimistic. They are afraid of the same failure as the others. Fear of failure in forex trading before doing so, indicating that the person does not have a strong business mentality. Why are you afraid of failing like everyone else, while your abilities are not necessarily the same as them?
There is a Newbie who was able to survive long enough in trading activities that do and have repeatedly attracted the profits he got.
There is a Newbie who was able to survive long enough in trading activities that do and have repeatedly attracted the profits he got.
Becoming a trader is as simple as anything. Start trading and start analyzing your action and inaction. Study coin behavior and market reaction in specific to individual coin. Read, create your own theory as regard coin that interest you. Just trade and observe and in time you will have a hang of it.
i think when we get involve in bitcoin trading, we have become traders, however there are differences between normal traders and successful traders, successful traders is the one who learn very fast from their failure and keep trading until success, and always find the best way to earn more profit from trading and having a very calm mind.
Hi . For trading crypto currencies better to undergo training from a guru . People who have extensive experience and will help you learn the market . If he probably stuffed a lot of cones
Having 0.001 BTC is not bad but I just wonder your capital when you start trading that’s why I can’t say that you earned really good. You are so humble because you keep on asking how to become a trader even if you are already one of them. I can’t give you so much advice because I never tried it before but one thing is for sure, you should monitor the movement of the market to be aware what’s going on to the price of each market because we cannot just predict it without basis.
First of all learn about the chart of coins and then what are the candles and candles that show what you can refer to the popular candlestick patterns. You can also search for free courses on youtube that will help you pretty much.
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
I want invest some money but small risk and get small profitFigure 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
For trading, you must create an account in a exchange like yobit or others. Than you must invest some money to start trading, minimal $50. Before trading, you must have knowledge about how to predict the price of coin and buy it. You can learn about how to read the chart. The tutorial can you find in this forum, youtube or website.
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 earned 0.001 BTC from trading which means that you already experienced trading before and its right that you consider yourself as a trader. Since you already experienced it, it’s not bad to ask for how to trade better because for sure there are experts here. On the other hand, I think it will be great if you share your strategies to all of us. I’ll be glad to know more about your experience. Congratulations to your achievement. 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.
when you try to buy coin and sell coin in your market already included in trader, but to be a reliable trader at least you need a lot of time and experience.
Before jump it you should be have and learn about risk management and money management and also learn about how technical analysis work, learn more about price action, candlestick pattern, and function some indikator. For the exchange choose exchange that has full regulation like Bittrex and Binance. And other most important thing always patient and dont be greedy and always learn from mistake before.
regular trading is done in a short time, the principle is to buy and sell by looking at market trends. investment is buying crypto and stored for long periods conditions. do not see to market trend. Both options above require good analysis and observation to get maximum results. for trading required is the market trend, it takes a lot of time, right trading on the right time, a lot of fundamentals to be learned for trading, of course with greater risk. the only advice to do the trading may be required is always careful and should be right to make decisions. use a big toy if you want to do trading to get many profits. if you only have a small capital will useless on trading, cause just less profit in there. do invest is the best solution in small capital.
You have plenty of information everywhere, and most for free. The best way is to start with a demo account, just to have the taste of the game.
But even if you become good in demo, it's the same as you was good at karate with a sandbag: a real opponent is another things...
Whit real money you'll understand that the first requirement for a trader is self control... good luck! :-)
But even if you become good in demo, it's the same as you was good at karate with a sandbag: a real opponent is another things...
Whit real money you'll understand that the first requirement for a trader is self control... good luck! :-)
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.
To become a trader we need to have somthing to trade first because that is the basic unit needed to trade that is why it is called trading. So after Having that thing you need to calmly wait until those coins became much more expensive because that is the essence of having trading you need to buy in a lower price then trade in in a much higher price in order to gain a lot of money. And a lot of people are losing money in this thing so we need ro be careful through everyhing we do we need to be patient because it takes time.
Here is how i started trading ->
1. sign up on Coinbase
2. sign up on Bittrex
3. purchase litcoin on Coinbase and transfer it to Bittrex
4. find a few coins that I like and follow them on all social media outlets
5. find other people that are into the same coin and follow them also for more opinions/data on the coin
6. buy and sell according to news of the coin
This is what I do. It works for me, but doesn't mean it will work for others.
1. sign up on Coinbase
2. sign up on Bittrex
3. purchase litcoin on Coinbase and transfer it to Bittrex
4. find a few coins that I like and follow them on all social media outlets
5. find other people that are into the same coin and follow them also for more opinions/data on the coin
6. buy and sell according to news of the coin
This is what I do. It works for me, but doesn't mean it will work for others.
Of course, you need to read as much information as posible about trading: technical analysis, fundamental analysis, traditional finance and cryptocurrencies principles and markets. Then, learn how to operate on different trading platforms and start making some trades until you establish you're own trading profile.
One thing you should know, it is that in this world you need a lot ef expertise in order to predict the markets better everyday, this can be achieve with a lot of time invested, information known and a constant analysis of the markets. Anyway, trading is never an exact science which you can know always what's gonna happen. And at the end of the day, your profit is just a difference between how many succesful orders you've made and how many failed you've had.
In fact, everyone who wants to be a trader needs to put this in their skull. There is no way you can make it in trading if you refuse to learn. No damn way and all you have to do is to find the perfect learning space, dig for information as they are all plenty online and then start practicing what you have learned to get good at it. This is not a Nursery school rhymes, trading is a profession and I bet everyone should know that by now already. One thing you should know, it is that in this world you need a lot ef expertise in order to predict the markets better everyday, this can be achieve with a lot of time invested, information known and a constant analysis of the markets. Anyway, trading is never an exact science which you can know always what's gonna happen. And at the end of the day, your profit is just a difference between how many succesful orders you've made and how many failed you've had.
Jump to: