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Topic: Master the trading - page 11. (Read 3034 times)

full member
Activity: 420
Merit: 100
June 01, 2018, 08:12:54 AM
#86


Day trading is a skill, so practicing should make you good at it right but it is good only when the whole market remain in under-prediction because when market move unpredictable from effecting any news than in one day you have a thread of losing your money so be aware to work daily trading,



member
Activity: 364
Merit: 10
June 01, 2018, 07:55:38 AM
#85
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
Day trading is for trader can analyze charts and they can know when prices will rise and prices will drop. Most newbie will never analyze the price of the market
newbie
Activity: 90
Merit: 0
June 01, 2018, 07:51:55 AM
#84
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?

Well my opinion is we cannot master trading but we can be a good trader by our experienced and research about good strategy about trading we can learn also here in forum by reading some informative ideas shared by well-experienced traders.
legendary
Activity: 1176
Merit: 1024
June 01, 2018, 07:04:31 AM
#83
Yes trading is a skill, but you need to master the chart reading, and master the price action inorder to become a good trader. The heart beat of trading is in the chart reading.

They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
Mastering stock candlestick technical analysis is just one skill in many of the skills traders need to know in order to be successful in this market. The key elements are: market analysis, candlestick analysis, psychological firmness and calm in investing, good project analysis skills ... To succeed in financial markets is not It's easy but the achievement is worth it.
Mastering all those things come with time, and most of the time, there is just no way you will one way or the other be making some simple silly mistakes for a starter.

To be able to get my pattern and trade it well, I ended up making huge mistakes, and with a lot of perseverance and dedication, I simply got there and started doing well. As I trade those patterns till date, I still keep learning to see how I can always do things better, so for a trader, you just never stop learning, most especially when you are just starting.
newbie
Activity: 103
Merit: 0
June 01, 2018, 01:07:14 AM
#82
A good tedder must be tedious for all the rules of technical enlightenment. Because a good tadar never tends to see the bottom on the coins, technically it always follows the rules. And I think so. I am trying to learn technically Enilees, then I can ted myself as a person who can take me to a bigger walk.
To be successfully trader is not easy, need long process for that and times, to be pro trader depend on the how many  times they can spend to learn about trading strategy and how they manage the emotions in trading. I was more than 2 years in trading but still can not reach consistent profit. We should focus to learn how to make management of risk and money so we can reduce the risk and make more opportunity to make profit.

sr. member
Activity: 1694
Merit: 299
June 01, 2018, 12:48:39 AM
#81
Yes trading is a skill, but you need to master the chart reading, and master the price action inorder to become a good trader. The heart beat of trading is in the chart reading.


Completely disagree 100%.

Try to asked other people (you can do it here in the forum) if they able to earned decent profits out from doing trading without pure knowledge about chart reading. Crypto trading is different from stocks so obviously you can't just rely on chart reading in order to gain profits. And take note that altcoins are more volatile because they are more proned to manipulation. How come chart reading will help here? No matter how professional your analyzation because you know how to read charts, it will still depend on the price movement and there are unexpected events that can spoiled that analyzation.

Chart reading can be a reference for making a good analyzation, no doubt about that. But in crypto trading, mastering the chart isn't enough to give you an assurance that you will always win.
Chart reading is just one thing in my opinion and I think it also comes under the term knowledge. Indeed, a trader has to look at many thing, especially in case of digital currencies. Moreover, I don’t think that altcoins are more volatile than bitcoin as if it was true, altcoin holders would have been millionaire not bitcoiners. In my opinion, a crypto trader must be able to take right decision at right time.
full member
Activity: 364
Merit: 107
May 31, 2018, 11:36:27 PM
#80
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?

Well trading experience will definitely help you but  it is not the only thing that will make you a good trader. You also need to learn technical analysis and fundamental analysis. Also there will be the factor of following your rules, discipline will make you a great trader.

 
member
Activity: 462
Merit: 10
May 31, 2018, 07:59:49 PM
#79
To be successfully trader is not easy, need long process for that and times, to be pro trader depend on the how many  times they can spend to learn about trading strategy and how they manage the emotions in trading. I was more than 2 years in trading but still can not reach consistent profit. We should focus to learn how to make management of risk and money so we can reduce the risk and make more opportunity to make profit.
full member
Activity: 255
Merit: 100
https://burst.money/
May 31, 2018, 06:58:06 PM
#78
Yes. Practice really makes perfect. I think it depends on you. Some do really a talented person and they already learned to trade in a short period of time like just a couple of months. Some take a year before they master it.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 31, 2018, 06:21:57 PM
#77
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?


Efforts and skills time focus are important to those want to become traders master nobody can get easier in this line of job to get huge profits if didn't know what you do.

Put an small amount of investment to start practicing trading to because they can't avoid loses in trading until you they can get the right strategy in yourself.
full member
Activity: 360
Merit: 100
May 31, 2018, 05:47:11 PM
#76
You have to work a lot to be experienced in any work. If you want to be a skilled trader on the market, you must first know about the market. You have to practice always by opening an account in the demo. Moreover, you can create a stratigraphy by following the trading stronger of an experienced trader.
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
May 31, 2018, 05:24:58 PM
#75
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?

keep practicing doesn't mean you always to do a day trading, its more risky. i mean using that method wouldn't make your skill developed.
long term or mid-term practicing could be good, first you need to divide your capital into a few coins, analyze them and invest into it.
sr. member
Activity: 602
Merit: 250
May 31, 2018, 04:37:34 PM
#74
it really can not be said, because the proficiency of a trader will depend on themselves in how they can properly research and can learn from the experience that has been passed.
In order to master and boost up your trading process or business you need to adopt and follow all those strategies which are using as examples in the market which indicate and clear all those trading processes in the past that produced excellent and huge profits. Now follow all those strategies according to the current market conditions and apply the relevant strategy.
according to the current conditions, trading needs skill to be use just in order to increase your profit and get your rank high as a good trader, as much as skilled you will be, the more you will be able to handle the situation and your chances for lose will get decrease gradually, trading is best course of making money and earning bitcoin, just try to increase your knowledge about trading and study trading sites as much as you can.
sr. member
Activity: 1400
Merit: 259
May 31, 2018, 03:54:36 PM
#73
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?

Spending time in the website could make you an advance one in trading.
When you have wasted so much time monitoring token from time to time then you could be better in that kind of field.
Experience will still matter and that will be the best teacher of all.
Do spend some time there and read here. Combined it will be your strong weapon.
hero member
Activity: 1008
Merit: 510
May 31, 2018, 02:58:34 PM
#72
Is you are experienced at chats forcstock trading including Elliott Wave theory or Fibonacci methods, then you should easily be able to transfer thatcover to cryptocurrency markets.

However, if you are like most people and are just trying to time the highs and lows, it can take a long time to find a system that works. The trick is don’t trade on emotions and make rules for yourself. Also don’t buy with all you money at once so you can leave yourself some leverage.
newbie
Activity: 98
Merit: 0
May 31, 2018, 02:05:10 PM
#71
All is determined by how seriously you learn to understand what you learn.

You need to note what method is suitable for you, and you can make history of every trading style And profit / loss that can be from every entry.

From there you can conclude, which match your trading style to get maximum profit.

The problem of time, very relative can be very fast or very slow.
But do not be satisfied with what you master, keep learning until profit Yang chase you.
Good luck mate
hero member
Activity: 3052
Merit: 606
May 31, 2018, 01:55:36 PM
#70
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
It all depends on you. For example from your desires and aspirations. If you have a great desire, then you can learn in a few months.
I believe all things can be learned,you just have to give it a time.But i don't think that there is such mastery in trading,maybe master in reading the price graphs in the market but this is not really an assurance that you will automatically get profit in trading.Remember day trading is a very risky thing to do because any time of the day your predictions may be varied so you just have to keep on learning in every trading activity you do.It could somehow help you atleast to minimize some losses.
full member
Activity: 382
Merit: 104
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May 31, 2018, 01:28:25 PM
#69
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
It all depends on you. For example from your desires and aspirations. If you have a great desire, then you can learn in a few months.
sr. member
Activity: 2156
Merit: 323
May 31, 2018, 12:53:54 PM
#68
For me, trading is an art. Become Zero to Hero in this platform your dedicated devotion most requires. I think it's worth to check and research about every individual item before going to trade. You better know that without putting the time & effort on learning it will hard to survive.
sr. member
Activity: 476
Merit: 250
May 31, 2018, 12:29:57 PM
#67
yes you are right when you start trading should you have a very good skill to be able to support the benefits that you can use and you can also get a lot of profits, so when trading is better you must have excellent skills.

We can start from the bottom. We can use small capital at first and if we feel we already have a good knowledge we can increase the capital. To master trading won't be instant. It requires time and experience.
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