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Topic: How to become a trader? - page 13. (Read 2381 times)

sr. member
Activity: 1162
Merit: 251
June 08, 2018, 09:03:28 PM
I would say, dont be hurry to trade, just try to learn before doing a practice! Otherwise you can experience a great loss!
Absoultely right, many newbie do not go through the learning phase first, many of them immediately trading without many knowledge, it will only give them a loss, at least try to learn and read first, understand the market and how prices change and so on, when you begin to understand you can try with a small capital first
member
Activity: 217
Merit: 10
June 08, 2018, 09:00:15 PM
You will need to read a lot of guides to be honest, it was more than difficult to me for understanding how it works at the beggining, i had some forex experience but it was not enough to be honest

Yes they are both trading and forex is much difficult to trade and different in trading methods but all of this starts with making a practice trade, mistakes, profits, and losses will be always have to be physical form of trading. Learning from this will make you a trader.
member
Activity: 350
Merit: 10
June 08, 2018, 08:42:42 PM
It is very simple. Start. Join here and try to be succesful. Start from little, increase for more! I have done just the same
If it was that easy then everyone will be a millionaire, the truth is that it is very hard to become a good trader and at first the only thing you can do is to read some books and try to learn everything you can and then you need to put your knowledge to test and see if you can make some money, if you cannot then you need to study some more until you do it but even then the profits may not be what you are looking for.
member
Activity: 131
Merit: 10
June 08, 2018, 02:36:37 AM
You will need to read a lot of guides to be honest, it was more than difficult to me for understanding how it works at the beggining, i had some forex experience but it was not enough to be honest
newbie
Activity: 140
Merit: 0
June 08, 2018, 02:31:00 AM
How to be a trader:
1. Buy some btc, via sites like Coinbase[1], Gemini[2], etc depending on your country
2. Send over the BTC to exchanges like Binance[3] and Bitfinex[4]
3. Pick your trading pair(BTC/ETH, BTC/SC, BTC/COSS, etc etc)
4. Trade

Now the actual hard part is how to be a good trader. How do you learn the basics? Read. Hit up Google. There are lots of good free information out there.


[1] https://coinbase.com/
[2] https://gemini.com/
[3] https://binance.com/
[4] https://bitfinex.com/
Do you want to become a businessman?
If you want to do the following steps will not be useful to you
You should determine where your destination is and you also have your own strategies for investing your plan as you set out.
newbie
Activity: 109
Merit: 0
June 08, 2018, 02:20:15 AM
being a successful trader is difficult and only you can do it by your experience. and you have to buy coins for a certain price and sell them when you think you get enough profit from your investment and keep repeating this process to make money. There are many ways to become a trader for me the only thing you need to do is first gathered data or have some research about trading you can watch some videos in youtube and study about trading. But to be a good trader is not easy. To become a trader and make a profit, you have to learn a lot to do this. And how to become a trader, you should learn better.
newbie
Activity: 238
Merit: 0
June 08, 2018, 02:09:08 AM
You can see that the market is volatile and complex, so becoming a trader and being able to trade successfully takes a lot of time and money. You need to learn a lot of things and also have to spend a large amount of capital to be able to experience the reality and give the experience and lessons for yourself. Here are the steps:
1. Buy some btc
2. Send over the BTC to exchanges
3. Pick your trading pair
4. Trade
full member
Activity: 518
Merit: 184
June 07, 2018, 10:44:45 PM
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.

That is true you should know how to control your emotion because if you are ruled by panic and emotion the tendency for a beginner is to dump all the investments you have.
And also study and analyze first the coins that you wanted to trade or invest because not all coins in the crypto market are stable. I'm sure that you are already aware on the volatility of the market. So before you trade and invest be sure that you are aware on the risk that you are about to take. So if you cannot control your emotion I suggest do not trade or invest because this is a very risky market.
member
Activity: 280
Merit: 10
June 07, 2018, 09:52:27 PM
to be a trader to know is that you must know about good trading and can read the market well so you will know the right time to buy or sell and get profit, learn from your experience and from people who have success in trading

being a successful trader is difficult and only you can do it by your experience. and you have to buy coins for a certain price and sell them when you think you get enough profit from your investment and keep repeating this process to make money
newbie
Activity: 168
Merit: 0
June 06, 2018, 10:17:45 AM
if you want to be a trader you must know the market and you should also be able to analyze the coins, the most important thing to be a successful trader you have to be patient, it is important.
newbie
Activity: 134
Merit: 0
June 06, 2018, 10:12:33 AM
to be a very easy businessman. But to be a good trader is not easy. To become a trader and make a profit, you have to learn a lot to do this. And how to become a trader, you should learn better.
full member
Activity: 630
Merit: 100
June 06, 2018, 08:56:57 AM
You may get five steps and all sort of step in becoming a trader from various blog on the internet,  the most important steps you will have to take to become a trader is for you to actually trade.  There is no other way around it.  The more you trade the better you become in trading!
sr. member
Activity: 702
Merit: 251
June 06, 2018, 08:48:38 AM
I would say, dont be hurry to trade, just try to learn before doing a practice! Otherwise you can experience a great loss!
hero member
Activity: 686
Merit: 500
June 05, 2018, 04:28:26 PM
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.

To be a trader is easy. The hard part is how to run a good and right trading. It takes a relatively long time for us to master the right trading techniques to maximize profits. The learning process from day to day is absolutely necessary.

Actually, it is not easy at all. First of all it`s extremly hard to learn usefull instruments for market analysis,
and then you should create the trading strategy to make a right entrances and exits.
But there are some supporters in that field who start to support the smaller traders in trading and with the support of these people someone can start from a lower level. If they will take the start from the lower level and will follow the opinion of expert traders then they will learn slowly from them and one day they will also be good traders.
hero member
Activity: 1092
Merit: 501
June 05, 2018, 04:25:40 PM

Every trade you execute should be an outcome of pre-defined rules of entry and exit. Never trade on gut feeling or any fundamental news.
I agree with this, many people enter in a trade not really knowing what are they going to do once they made the trade, that does not mean that you cannot adjust your strategy once you made the trade, for example if the coin you bought begins to go up very rapidly and your new analysis tells you you are in the presence of a bull market then you can keep holding your coins but at the beginning it is best to stick with your original strategy.
member
Activity: 261
Merit: 10
June 05, 2018, 11:37:53 AM
You have to buy btc first, then send to exchange that you'll trading. Next, you learn way of chart analysis, read a news more and discuss in this forum in order to get the information entirely.
It is not necessary to buy BTC first. I think buying ETH and BCH to send in wallet address on the exchange would be cheaper than sending Bitcoin on the exchange. Because Bitcoin prices are so high, the cost of shipping and receiving Bitcoins at exchanges is prohibitive

Agree with your comments. Some exchanges charge for sending and receiving Bitcoin a lot. Sometimes I lost $ 25 just by sending Bitcoin from my wallet to wallet on the exchange. I think with high fees, many people will give up Bitcoin
member
Activity: 294
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
June 05, 2018, 11:35:52 AM
You have to buy btc first, then send to exchange that you'll trading. Next, you learn way of chart analysis, read a news more and discuss in this forum in order to get the information entirely.
It is not necessary to buy BTC first. I think buying ETH and BCH to send in wallet address on the exchange would be cheaper than sending Bitcoin on the exchange. Because Bitcoin prices are so high, the cost of shipping and receiving Bitcoins at exchanges is prohibitive
member
Activity: 154
Merit: 10
June 05, 2018, 11:29:26 AM
If you want to start making bitcoins, but do not want to change jobs, the international wage transfer system will help you. It converts your salary into bitcoins, or other crypto-currencies. This can be done by transferring to your employer the number of the bank account received from Bitwage.
full member
Activity: 358
Merit: 118
June 05, 2018, 11:15:47 AM
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.

As a newbie, if you want to be a success you should need patience. This is the basic things for trading. Before investing money you should do research on that money. I think this is the right place to learn and improve your slef. Just go to Trading discussion session read other post and gain knowledge. Instead of keeping all the money in single coin, better split into other altcoins.
sr. member
Activity: 516
Merit: 250
kingcasino.io
June 05, 2018, 07:30:22 AM
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.

Very easy to become a trader just to this procedure and you will become a trader. First you create an acount in some exchanger, second you deposit you bitcoins or money in that exchanger, third you buy altcoins or bitcoins and sell it when the price goes up already. And you already become a trader.
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