How to become a trader? - page 29. | Bitcointalksearch.org

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Sony.UK on April 20, 2018, 06:05:42 AM

Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

If you want to start trading know it is little risk because current scenario. Because we don't predict the exact possibilities so better you should invest in long term. But if you need to try this platform you should choose carefully because you must read the white paper and chart of the coin. Then only we should find the best coin in trading.

Knowledge is one certain thing to definitely have when it comes to trading and a lot of people always miss this.

Though his friends told him to trade candle, which is not bad, but trading candles is not the only thing that is involved, there are some other indicators that can always help to make good decisions and unless one is conversant with them, it would be a very hard thing trading in a very volatile market.

If he wants to trade, he should read all that is possible and find which best suits him and stick with that, but one thing with trading is that one pattern does not fit it all as you always have to re-strategize once in a while.

Gridness

copper member

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what your friend says is true. The most important thing to control the emotions, usually our emotions are not controlled when the price of dump / fall and sometimes there is a thought for cutlose

na7la

newbie

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Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

Learn about what do you find in the net (bitcoin , blockchain , altcoin , how all this does it works ) , search on google , youtube , in this forum , reddit . talk with the concept with friends and begin tranding with small amount , after you will find you self opening coinmarketcap every 5 min

Dissident991

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Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

Your friends are right, the most important things in cryptotrading are control of your emotions and discipline. Anyway for beginning you need to learn how to determine support and resistance levels, direction of trend, what is the technology blockchain and make research about some top projects.

Furious 7

hero member

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https://duelbits.com/

One of the most important is managing emotions and training them. Trading is not easy to predict so we have to be ready for various market situations. Good decision-making and prediction are necessary, with good consideration based on the current market information. The point of trading is the combination of skill trained from various experiences, everyone can be a great trader.

The best one

newbie

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Quote from: Dwarf42 on April 20, 2018, 05:06:28 AM

Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

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. The market is volatile and difficult to predict so you need to have a clear and concrete plan before investing.

I think that The Most experienced traders would prove that the successful it depends on many factors including hard work, research, planning, discipline and being a lifelong student of the markets. As with many businesses, there are certain principles that, and we can use the chances well that the trader will be successful in or life

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

Dude, you should use the simplest and most effective strategy, buy and hold for a year or buy and hold for many years, day trading, doing TA to predict prices will cost you a lot of losses because this market is driven by negative news and positive news. that is why the most practical and profitable is you investigate the currency, buy the currency and hold for many years. This will save you a lot of headaches.

swissgang

full member

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Buy cryptocurrency and sell it, congrats you are a crypto trader but to be a good trader, you need to repeat that a lot of times and learn from that

glavos

sr. member

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You need more than that to trade! There are plenty of websites and youtube videos from which you can learn at least the basics.

Wowcoin

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Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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 you can see many trader are successful because they know what they doing and control your emotion are the one secret for you to get a good profit. Search more and learn more before you enter the trading zone.

noormcs5

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Leading Crypto Sports Betting & Casino Platform

Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

Yeah, teach everything about trading, less then it is count in your experience and you will be able to do trade behalf of your experience and then one day you will be a good and big trader. But every day you will learn one thing, it is becasue our experience never end up and in trading we learn from our mistakes. Control Emotions and take right decision on the spot make us good trader.

MawanWawan

newbie

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with the development of the world of technology that is currently very rapid growth. lately the world began in sparking with the emergence of a new technology called cryptocurrency a technology that can make a digital currency that uses cryptography as a security system so that the resulting currency can not be falsified. eliminating emotion is a must-do thing, because when the emotions are overwhelmed by us, the transaction is getting heated up and we want to get a bigger result without thinking of risk. The bomber must have the courage to make a decision to determine how long the position should be maintained. take the decision to execute a sell or buy order requires a trading system that is run with discipline to override emotions. despite the understanding that the discipline of the trading system is mandatory applied. then we no longer need to worry or panic if the price moves beyond the initial expectations.

Tomik21

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Your first question already says that you do not understand the main thing. Technical analysis and in particular Japanese candlesticks can be used only on instruments with a rather long history. There are only a few of these among cryptocurrencies. Trading on them is no different from trading on Forex.

richardsNY

legendary

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Quote from: doge_shit666 on April 20, 2018, 11:31:11 AM

At the same time you must keep up to date with news from the press or websites.

While I do somewhat agree that this is an important aspect of trading, we also shouldn't be that much focused on various announcements, especially so when you keep in mind that a lot articles we see pop up nowadays are either heavily biased, or sponsored. Some times they do affect the market and some times not. The main point of importance in this case is that you as trader can choose to react directly when a potentially negative or positive article pops up, or react when it affects the market. I personally only do it after it already started to affect the market and adapt to the situation. If you react directly and nothing happens, you have either opened or closed positions unnecessarily -- there is too much non affecting news popping up, and thus not worth to react on everything.

Oceat

sr. member

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Quote from: Tomik21 on April 20, 2018, 08:17:57 AM

This is not the first such thread on the forum. Almost all of them do not contain any useful information for beginners. You cannot become a successful trader at all, you need a narrow specialization. First you need to decide. what you want or what you can trade. It depends on capital, free time, knowledge and many other things.

Patience is the key to this situation, once you are patient enough to read and learn everything about trading. No matter how long you spend your time on searching some knowledge it will pay off at the end. Once you hit the trading platform it will be an easy task to you but lets just be honest, there's no easy task when you are a beginner. Reading and applying it is the basic key to learn.

so98nn

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Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

Trading is not a difficult job but trading with gains in this volatile market is tough task.You can easily start trade with investing the affordable capital in btc or any coin of your choice and send them to excahnge like Binance or Bitfinex and start trading.But first learn some basic techniques and rules regarding this market.Try to analyze market by reading charts,graphs and doing research online.But do have some special skills different from others if you want to succeed in this line.

doge_shit666

member

Activity: 350

Merit: 10

To become a market trader on the cryptocurrency market, you should learn what is cryptocurrency? At the same time you must keep up to date with news from the press or websites. You must practice the analysis in conjunction with the knowledge you accumulate, so that you can be a market trader on the cryptocurrency market.

Mokter

member

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Quote from: Sony.UK on April 20, 2018, 06:05:42 AM

Quote from: Aprilperez1 on April 20, 2018, 04:52:29 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.

If you want to start trading know it is little risk because current scenario. Because we don't predict the exact possibilities so better you should invest in long term. But if you need to try this platform you should choose carefully because you must read the white paper and chart of the coin. Then only we should find the best coin in trading.

Timely instructions. At first develop your foundation for trading by reading books, watching tutorials and following discussion of this group. Then buy some btc, go for exchanger, select pair like btc/eth and finally trade.

rysea2

full member

Activity: 407

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being a trader is not easy, not just money you need you have to have patience and can research the type of coin and also should be able to read charts, and the most important thing for me to be a trader who can benefit is we must know the latest news that circulated about the world of crypto.

poplolnman

legendary

Activity: 1442

Merit: 1008

Being a trader is not as easy as you imagine, emotion is the best friend for a trader. If you can't control your emotions, all you do is make a loss. Unfortunately, there is no successful trader with just the luck factor. The loss will continue to go to you. You try to survive until the capital runs out. You need to study technical analysts, or now many people provide vip signal services to traders who lack analyst and fundamental knowledge.

Topic: How to become a trader? - page 29. (Read 2401 times)