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Topic: Master the trading - page 8. (Read 3034 times)

member
Activity: 302
Merit: 10
June 12, 2018, 07:05:01 PM
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?
I believe that trading at this time is very dangerous, you can see that bitocin prices are constantly adjusting and falling sharply in the past few days, so it is very difficult to trade successfully. The market is constantly fluctuating and difficult to guess you need to have adequate knowledge and always have a clear plan before every transaction.
newbie
Activity: 109
Merit: 0
June 12, 2018, 06:51:56 PM
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?
I believe that at this point abnj should not trade, the risk will be very high and you can be very heavy losses if the transaction fails. Bitcoin prices have fallen sharply in the last few days and prices have fallen. The market is bearish in the long run so bitcoin prices will probably continue to fall further.
I do not think that . This is a good time to buy and keep up the price. If it was me, I would buy 20% of my money and when the bitcoin went down $ 400 I would continue to buy until the bitcoin was increased.
member
Activity: 302
Merit: 10
June 12, 2018, 06:17:25 PM
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?
I believe that at this point abnj should not trade, the risk will be very high and you can be very heavy losses if the transaction fails. Bitcoin prices have fallen sharply in the last few days and prices have fallen. The market is bearish in the long run so bitcoin prices will probably continue to fall further.
member
Activity: 406
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 12, 2018, 06:02:03 PM
I think what is important is that you master your own method of trading.  It will take some time for you to come to a  conclusion that you have perfect and master your own unique way of trading but once you have your method perfect you can always win your trade continually!
Yes, it is possible to create your own way of investing that will make it easier for investors to succeed rather than to keep going and market it. Financial markets are extremely tough and make sure that you will not be able to succeed if you go in large numbers.
full member
Activity: 926
Merit: 100
June 12, 2018, 05:33:18 PM
there seems to be a lot of master traders and lots of developers knowing tricks and deeper trading tips, but I'm sure they will never want to teach you to trade properly and always be able to earn profits because that is the secret of their success gained from experience who once was in the past.
member
Activity: 316
Merit: 10
June 12, 2018, 03:56:32 PM
Maybe I see a lot of tutorial about trading, Tutoring candlestick or any trading strategies. I think it's not predictable what trading market will be. Sometimes when you read a chart it's alternate. You cannot go to the flow of what market will be.
member
Activity: 476
Merit: 10
June 12, 2018, 03:22:08 PM

To become a master trader the fundamental is a good research and market analysis.
Adoption to changing market conditions is very important for a trader. Discipline and
patience are  trademark for a successful trader. Losing traders rarely learn from their
mistakes while master traders do. All this comes with practice and experience.
full member
Activity: 630
Merit: 100
June 12, 2018, 12:35:22 PM
I think what is important is that you master your own method of trading.  It will take some time for you to come to a  conclusion that you have perfect and master your own unique way of trading but once you have your method perfect you can always win your trade continually!
legendary
Activity: 1190
Merit: 1001
June 12, 2018, 12:27:29 PM
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?

Its depend on you how you trade.Always remember Learn Things from your mistakes.

It will take approximate 2 Years if you do fultime day trading. then you will become expert user. whenever you do any mistake you will learn lots of skill.
You have to wait coin to rise then sell off.

You have to do daily experiments on trading
member
Activity: 279
Merit: 12
June 12, 2018, 12:20:11 PM
master trading here seems very much but not too many who want to give knowledge to new people maybe because they do not want in competitiveness so better not to give too much information to new trader.
newbie
Activity: 89
Merit: 0
June 12, 2018, 12:12:51 PM
In order to do this, I think you have more experience in investing. To master a good deal, there are many new experiences that can do this.
jr. member
Activity: 63
Merit: 1
June 12, 2018, 10:01:12 AM
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 must require some extra ordinary skills to win with it.. Practicing intensively will definitely help anyone but most people are suggesting to go for holding instead of struggling with day trading. Making more profits is the goal for all of us but preventing losses also should be our goal which is not possible with day trading most of the time.
hero member
Activity: 1092
Merit: 501
June 07, 2018, 03:05:50 PM
Daytrading is obviously a skill, and if you do not master it, you wont make much profit in a long term.
You need to have a good knowledge before jumping to the pool, otherwise you will be lost.

Trading should be continuous and you make profit continuously without any loss or problem so that you may be able to invest for long term because in long term you will get the most possible profit while in short term you will get less profits after each attempt and this is mainly happening in trading as you buy and sell continuously and make profit with it. You can also hold for long term while trading but you would need to make able to upgrade.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
June 07, 2018, 05:15:53 AM
In forex trading there is an option of demo where a trader will have the opportunity to practice using virtual money this will enable the trader to perfect his trading skills meanwhile some mt4 forex platforms had also incorporated Cryptos where a trader can test his skills and after consistent profits making he or she can go into live trading.
Trading is not just buying and selling it involves a acquisition of both technical and fundamental analysis.
full member
Activity: 462
Merit: 100
June 07, 2018, 04:54:31 AM
I do not think there is a master trading here, if I can see there are only people who are still learning about trading because I know science will not just stop but there will always be many developments every second.
legendary
Activity: 2100
Merit: 1058
June 07, 2018, 04:03:22 AM
It is several years and several lost deposit just then you may consider that you are experienced trader and of course finally you must be with positive income to consider yourself an advanced trader. It is not so easy as it seems.
There are some luckers who earned on bitcoin boom but now market has changed.
Yeah! Several years of losses, mistakes, more learning and so on. You cannot always get it right once and it takes some level of dedication before you can even be able to get there. A lot of wannabe traders actually do think it is easy, but they always end up getting frustrated after losing some money.

There has never been any trader even in their starting years, that will not always end up having some little losses and making some mistakes here and there even after learning, but in any case, as long as you are dedicated to it, you will always learn from those mistakes, build up experience and get better but all these things take years.
sr. member
Activity: 491
Merit: 250
June 07, 2018, 03:54:09 AM
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?

I guess it depends on the person whether he would learn early or not at all. So no matter how long or how early we started trading, if lessons in trading is not learned then it would be useless.
Yeah, and no matter how you are able to learn early though, it would still take some time before you can even start doing it right. It is not that easy honestly while trading a market because a lot of things are entailed into having your own strategy at the end of the day. There are several strategies to trading and most times, you may need to make mistakes in some, look for ways to do it better, make some losses in the middle of it all, before you finally get it right. Sure, you may get it faster than some, but that depends on how ready you are to learn and how dedicated you are to it.
full member
Activity: 491
Merit: 105
June 07, 2018, 02:12:32 AM
To be honest, I don't think that there is any specific time limit where you can say that this person is master in every form of trading. In fact, I believe that there is no such limit and even the highly experienced person is still learning and improving his trading skills each and every second irrespective of how much my money he made in the past.  Generally, it is said that if a person is doing any activity for more than 10,000 hours then he gains expertise in the same activity but as I said even Warren Buffett is still learning something new each day in trading.
  You have said my mind Actually this is not the end of the study at the market,
The thing with trading is that you learn each and every day as you keep trading because even after learning, you are still going to be making some mistakes in the market which in any case, you will always have to learn from as well to be able to build the confidence to form your pattern at the end of the day. Trading is a lot complex most especially for a market like the cryptocurrency market, and you really would want to take your time to get it right.
full member
Activity: 420
Merit: 100
June 07, 2018, 01:28:30 AM
they seem to rely on their experience and expertise to be able to benefit from daily trading, and certainly their experience will not want to share it and the many secrets of their trading success but they do not want to give too much information to new traders...
hero member
Activity: 3010
Merit: 629
June 07, 2018, 12:29:07 AM
I dont think there's a specific answer on how long you should practice trading because some traders takes years before they called themselves a pro and others takes just few months to learn and be an experienced trader. It depends on how you can deal with it and only you can answer the question, if you give so much time and effort to master the trading then you might get it easily. However its better to take it slowly and dont put huge capital for your first try, I think small amount will do since you're still a beginner and there's a lot more to learn.
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