Topic: Master the trading - page 13. (Read 3034 times)
Knowledge trades come at a high price so be prepared to lose money too. The more trades you lose the better trader you become because you learn something new from every failed trade. Also, it takes a special character to be a good trader.
It depends on your time, effort, dedication, and knowledge.
For a newbie study and master the following,
Support and Resistance
Chart Indicator
Chart Strategies
Chart Patterns
The three types of analysis
The first time I joined this market I advised investors to spend a lot of time learning the basics of the cryptocurrency and blockchain technology. Then learn more about candlestick chart analysis as well as market fluctuations. Try to capture more knowledge to limit risk in this market. For a newbie study and master the following,
Support and Resistance
Chart Indicator
Chart Strategies
Chart Patterns
The three types of analysis
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?
We cant really able to know on what would be the duration for someone to be considered good since people are different when it comes to learning and adaptability specially on trading. People do have different skill and level of learning where people engage on a thing at the same time but the intellect will really differ at any moment and also we do have different will when it comes to decision making. I do consider a good trader when you are already profitable with your trades. IMO, there is no specific time for you to master trading. It depend on each individual. In any case, don’t be bothered on the time you need and concentrate on practicing. Even the experienced traders will make some wrong trades.
Yes since experience is always the key for everything and I believe that if we really want to learn trading we will find time to do it, and experience is always the key for everything, we can master it at the perfect time and not for just a couple of month. It would take you at least a year and needs to be focus always.
IMO, there is no specific time for you to master trading. It depend on each individual. In any case, don’t be bothered on the time you need and concentrate on practicing. Even the experienced traders will make some wrong trades.
yes that skill is not just a matter of luck, you need that knowledge to know the right time to buy and sell that is candle analysis. there are many places of learning it may be on google or youtube very much refrensi about it learn there
If I can just have the time to do it I would master the trading but so far now I am still focused in my school as I want my parents to be proud of me and I want them to see me in the stage getting my diploma, but little by little I would study trading as that would be a great source of income for all of us.
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.
It takes a long time to master the trading. You have to be an expert in technical analysis, it also takes time to learn technical analysis. When your learn technical analysis properly then you would be considered an expert in trading.
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 depends on your potential because most of the Coins are really unpredictable so 50 percentage of luck and 50 percentage of skill. If you earn either 50 percentage of profit or loss because day by day many new traders are earn good profit so Luck is major role in trading and analytical skills also need for every trader.
It depends on your time, effort, dedication, and knowledge.
For a newbie study and master the following,
Support and Resistance
Chart Indicator
Chart Strategies
Chart Patterns
The three types of analysis
For a newbie study and master the following,
Support and Resistance
Chart Indicator
Chart Strategies
Chart Patterns
The three types of analysis
If you will never be lazy and constantly (every day) learn new information, while applying the knowledge gained in practice, then within a few months (2-3) you will be a good trader. But only if the main condition is met: Never be lazy, learn and practice every day! And after you feel yourself a good trader, you need to learn information and get knowledge twice as much as you did before. Good luck!
To those people who want to become successful trading,be a master trading,,but depend upon to your committed time and goal to master the basic concept,because if you like to become a master trader you must also build your knowledge and skills,its just like practice makes perfect,,,aside from that ,start from basic concept is various ways for a beginner to master trading,and be patient
due to is the most important part of trading, cause patient in adverse times and you will last longer in the game.
due to is the most important part of trading, cause patient in adverse times and you will last longer in the game.
It varies , Depends on how smart you are , how hard you try , how many books you read , how many experiences you experience ,how many youtube videos you see, but It wouldn't be long if you are eager and don't afraid of losing .
Taking the risk is one of those qualification of being an expert trader, each time you take any movement will depend on how you understand the market, this trading business is really need a lots of time and patience, learning it both from the hard and easy ways gives us knowledge and skills, each time we fail serve as another reason to continue achieving our goals, there's a lots of factors to consider not only by reading books and watching videos to understand the flow, but also taking the risk and believe with your instinct and self analysis can turned you to be a good trader when your action start to materialized. 
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 can be considered a skill, and can be used for work, and to be able to trade days, it will take a long time, and even then not necessarily well in trade, back to their respective person, if there is intention and desire to want to study seriously , will definitely be able to do it quickly, and so a new trader, we should not obsess in advance will get a big profit, better learn first, how to trade well.
You will be a master in trading when you can trade in any market condition and steadily increase your deposit. Everyone achieves this in due time.
I see that trading in crypto is not similar with other trading such as stock exchange or foreign exchange, the reason is volume. Crypto trading volume is not as big as others trading hence the analysis will be different either TA or fundamental.
Trading can be learned by everyone, but there is no master in the market. Everyone can be loss when trading, no matter you are master or newbie. If you can't manage your money you will loss, and don't do panic action. You must do with your own research. I think that is a little bit tips to trade. Oh, ya I'm not a master but still learn about market.
Well, it can be made by your own expertise to be able to a better trader not a master in trading. Which you have the ability with of a smart and analytical skill, analysing every coin which the good signs are easily be predict in good coin or not.
It varies , Depends on how smart you are , how hard you try , how many books you read , how many experiences you experience ,how many youtube videos you see, but It wouldn't be long if you are eager and don't afraid of losing .
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