How to become a trader? - page 7. | Bitcointalksearch.org

Morgann

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Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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 start investing any time you are interested or if you have a decent capital and from there you can start trading in the market to multiply your coins.

Tigorss

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Quote from: jrrsparkles on May 15, 2018, 12:22:24 PM

Being a trader is easy,you have to buy a coin at some price and sell them when you think you made enough profits from your investment and keep repeating this process to make money.But being successful trader is hard and only you can be done it by your experience.

Always check news and events that could affect the currency you are trading. Do not use the wrong strategy when there is news, use another strategy. Immediately close your order when there is news, to avoid risk.

forevergala

newbie

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Cryptocurrency trading and stress are like brothers. Everyone has higher stress levels after getting involved with cryptocurrencies. The stress will make you stronger and a better trader if you know how to deal with it properly.

ShowOff

legendary

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Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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.

ya, be trader is easy. only need capital and you buy and sell coins in market. foila, you be trader. but will be different if market not good as your plan. this is how your mental get tested and if you can be calm down, patient and be careful, you will be successful trader

marsmyname

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Quote from: futuret on July 03, 2018, 12:14:43 PM

Quote from: gurang on July 02, 2018, 05:43:22 AM

Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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 really want to become a trader you will correct your emotions because it does not help but break your brain and you can think of negative

For being a trader for sure you will have to use your brain not your heart because it is full of profit but will take some time, rise and fall will occur but at that time you will have to have patience and never to think about selling at panic, try to increase your knowledge as much as you can because for being good trader you will need knowledge, skills, patience, information, money and luck so using all of those you can become a good trader.

As we are doing in the market of Bitcoin you can also do the same by creating an exchange account for your use but make sure that you know well to handle these processes and to pass these procedures. Coinbase and Binance are the two best exchanges but you need to have knowledge which will help you out to survive in the market. For sure you will make profit if you follow the market basics which will help you in your survival.

slyfox

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Quote from: sergiom on July 05, 2018, 02:07:50 PM

In order to become somebody you need to be interested, study and then go in the real practice, here it is the same, learn about it, then go to the trading and trade everyday.

When you are talking about something like trading you need to study as much as you can before you even begin, in most activities you can learn and it is OK if you screw up, but if you fail when you are trading then you are losing money and the problem is that most people when they fail a trade they can lose a substantial amount of their capital and they never recover from such blow.

Mr.John19

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To become a dealer, you have to venture out completely your insight, enhance yourself about the exchanging. Begin with the essential things. Persistence is the way to progress because without it that keys. I'm almost certain will bankrupt or lose every one of the things that you been working. Exchanging is dangerous you ought to dependably think a legitimate procedure to wind up a specialist or to be a merchant. Begin on the little and after that greater and greater assets.

LooBaao

newbie

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You just buy the coin and hold it for a while and then you sell it to the benefit of that price difference, which is called a trader. There are a lot of trade people who are profitable by the day.

valisa

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I agree with you, I am also a beginner, in order to succeed in trading the main enemy is emotional and greedy, I think that is important in trading should always be profitable although only a few important consistent, and do not expect much from trading because it will make you lose

Whosdaddy

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Do you want to know how to become a trader or do you want to know how to become a good trader? Because if you buy and sell enough times over and over again than you are a trader. If you want to be a good trader well than you are in tough luck.

Trading requires a lot of knowledge and even learning for years and knowing every little detail you need to learn. In the end if you are not lucky you may lose. Some big whale can come ruin all the work you did and change the market somehow doing whatever he pleases.

GeckoTrader

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The first step in order for you to become a successful trader is to empty yourself. Remove all pride of life and start like you have zero knowledge about trading. Do not trade yet unless you have proven your system very well. Read quality books and invest your time in learning the basic of technical analysis and fundamental analysis.

coffigayo

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If I think of course first I need to learn about Blockchain technology and about every cryptocurrancy currency that is currently developing so I really should start trading for my run. And I must be free of all kinds of emotions but at the same time I think that trading should be my passion if I want to succeed.

rayfordadam

newbie

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Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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.

Here I am sharing few points, how to become a successful trader:

- Determine which type of trader you would like to become
- Recognise the skills you need
- Learn everything about the world of trading
- Don’t give up
- Do you research
- Set goals
- Identify the risks
- Evaluate your progress
- Develop a trading plan
- Keep your emotions separate from trading
- Only trade when you feel it's the right moment.
- Try to achieve more profitable trades than losing ones

fabrizoc

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Quote from: cah ndablek on July 03, 2018, 07:46:08 AM

If someone starts investing calm necessary to anticipate the occurrence of bad problems later because with price movements that are difficult to predict the trader must be able to maximize the smallest chance to gain a profit.

Trading is a better way of involvement in a work of making money with respect and good response. The modern market encourages us to trade with cryptocurrencies which made things easy for us to handle our currencies from home through internet. It has advantages and we like to make some money here either in short term or long term trading. We just need to buy coins and to sell it on any best exchange in proper timings.

@baracitamon

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You are trading BTC you will become a business. In the current market the price of coins is at the bottom so buy now is our best time.

xclusiveguy

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Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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.

Definitely you need to remove your emotions and the act of being greedy, they are one of the very good steps in becoming a good trader, and more importantly you need to know more about technical analysis so as to know when to buy and sell using support and resistance level

tbterryboy

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Quote from: speedy1987 on June 30, 2018, 02:54:31 PM

Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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.

Welcome to trading world. According to what I know trading is all about time. Time to watch the motion of coin prices. Waiting for the green color of all coins.

This is what the most traders do waiting for green color is the best way of having a good profit in the investment.

The strategies will cope up base on the real situation. Patience is must needed.

They always wanted to say that traders are those who have patience to surrender the coin in time or out time as long as the traders decided. Then regrets or success will come depends on what time you decided.

Simply start with Altcoin for short term trading because it is less valuable and if you lose then it will not be a big loss so it is the reason why I am suggesting it. Another thing is to get experience from continuous trading which will polish your skills and decision making ability. After gaining this experience you will feel no worry and no hurry in the market of Bitcoin so try out this for your ease.

dante golo

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Indeed as a beginner must be prepared to accept any risks that arise in investing so anxiety must be eliminated to achieve success once traders can withstand excessive emotion and the economy becomes more secure for the welfare of traders.

stellgod

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Quote from: tonyvo2017 on July 02, 2018, 08:19:16 AM

Quote from: Aprilperez1 on April 20, 2018, 05:52:29 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.

That is one of the virtues of an entrepreneur. There are many virtues you need to train to get. Dignity and patience are two essential virtues. It affects your investment decisions.

But that is just one step among so many others. Crypto evaluation is then followed by the term plan that could be long term as well as short term. This also depends on the kind you crypto you want to invest in. Finally the time to sell or cash the coins is very important and you need to be efficient enough to understand various faces of the market and decide whether to cash or hold a little longer.

Coinsher

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Inorder to be a successful trader, you need to be patient always as this will make a better thinking and provide good strategy in gaining profits. You have to be smart and active here in cryptocurrency so that you can always be aware and have ideas about the flow of crypto market.

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