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Topic: Practice trading - page 14. (Read 9528 times)

hero member
Activity: 616
Merit: 502
October 13, 2017, 07:17:52 PM
Practicing trading needs a lot of patience and maybe some money because as far as i know, there is no demo account like the stock market in trading sites and you really need a money to start trading so if you want to practice it then you should have a basic knowledge about trading and also the money so you can apply your knowledge into practicing trading.
full member
Activity: 390
Merit: 100
October 13, 2017, 06:57:38 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.
Actually practice trading on your own is much better, getting learned on your own is very effectively because you doing it on your own and you really wanted to learned to do it. But of course you also needed some piece of advice of others, their mistakes especially in trading, their experience that reached them most. Seeking knowledge by others experienced could also be very helpful.
i think there is no one there to give you practice classes or any thing like this. i think have to do it by yourself and you have to get experience by getting into it.if you are a newbie then i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.
It is indeed experience that would help you. You better start now so that you can start learning too. But don’t get too over confident, ask for advices, learn from the mistake of the others, know what to do and what not to. This really isn’t just about your own experience, there are people who have been before you after all. By the way, welcome!
hero member
Activity: 642
Merit: 500
October 13, 2017, 05:28:08 AM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.
Actually practice trading on your own is much better, getting learned on your own is very effectively because you doing it on your own and you really wanted to learned to do it. But of course you also needed some piece of advice of others, their mistakes especially in trading, their experience that reached them most. Seeking knowledge by others experienced could also be very helpful.
i think there is no one there to give you practice classes or any thing like this. i think have to do it by yourself and you have to get experience by getting into it.if you are a newbie then i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.
hero member
Activity: 2534
Merit: 586
October 13, 2017, 05:15:37 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
i am also a newbie but i have some experiance about trading.first you need learn about trading.then you need research about crypto which you want to buy.
where should I read some information step by step about trading I'm new here but I cant see where should I find that I want to trade also.
Make use of youtube. It is a very perfect place for beginners to get started. Some professionals are kind enough to dish out some of the knowledge and experience they have gained in years and show their subscribers some practical ways to get down quickly in the profession without easily getting burnt quickly. You can try these channels;
https://www.youtube.com/channel/UCbcxHiowf0TSNKn3xVpGTiQ
https://www.youtube.com/channel/UCCatR7nWbYrkVXdxXb4cGXw
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA
I hope this helps.
hero member
Activity: 882
Merit: 500
October 10, 2017, 11:00:32 AM
You can start with searching the basics in trading such as different strategies, the one strategy or the basic strategy in trading is the "BUY LOW AND SELL HIGH" which is you're going to buy a low price coin and wait for it to increase its value.

Second if you already read the basics and you want to apply it into real trading you can try these trading simulation sites.
https://coinmarketgame.com/
https://currencytycoon.com/

there are many trading simulations out there you can search by yourself.

and if you really want to try in real trading site you can invest a low amount of bitcoin and try to experience and familiarize things.

here are some of the most known and most trusted site.
https://www.poloniex.com/
https://www.bittrex.com/

your information that you've post really help me too I want to try that I am to shy here in forum to ask some question regarding on how I can start but when I read this I think it will truly help with. thank you.
Hey! Don’t be shy to clear your confusions, nobody is going to laugh at you and even if someone criticizes just be patient and welcome criticism. This is going to help you polish your skills. No need to be worried about the reaction of public upon your question. If the links he has shared are helpful to you, you can personally contact him to for further help. The person seems quite courteous.
copper member
Activity: 72
Merit: 0
October 09, 2017, 11:09:31 AM
Simply you can buy some coin when this price low and you can sell the coin rate will high. Remember you should follow marketplace, ANN thread, team performance, website of this coin. At the time you become a good trader.
newbie
Activity: 27
Merit: 0
October 08, 2017, 08:28:51 PM
Many of you suggested bittrex but I just joined Kraken and would like to know if its good as of bittrex.

I know GUI is not most user friendly on kraken.
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
October 08, 2017, 08:14:36 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

In my whole experienced in trading I learned a lot in my own mistakes actually. But I consider some of others advices, I read and understand more stories and considered their past experienced in trading but I learned very well on my own. Heard once the quote "your experience is your best teacher", then it'll proven by me. I think some of us here also proved this quote by their own experienced too. So in our new practice trader, be a kin observer, adopt some ideas, and dont be afraid to risk on your own because in that case you will be learn a lot.

I agree on you, we will not learn things if we didn't commits mistakes. We're humans and it's all natural.
Better to learn things the hard way so we can always remember what it feels like when in that situation. Learn things by ourselves, yeah it's hard to be messed and fucked up but this is life. Without all of these we can't be who we are right now. Do what all it takes to learn new things.
Yeah trading involves money and it's risky, but it's all part of trading. At first you might loss some but as things goes on you'll learn and be proud that you surpass all of those.
legendary
Activity: 1110
Merit: 1000
October 08, 2017, 07:16:20 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

In my whole experienced in trading I learned a lot in my own mistakes actually. But I consider some of others advices, I read and understand more stories and considered their past experienced in trading but I learned very well on my own. Heard once the quote "your experience is your best teacher", then it'll proven by me. I think some of us here also proved this quote by their own experienced too. So in our new practice trader, be a kin observer, adopt some ideas, and dont be afraid to risk on your own because in that case you will be learn a lot.
copper member
Activity: 672
Merit: 270
October 08, 2017, 07:01:35 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.
Actually practice trading on your own is much better, getting learned on your own is very effectively because you doing it on your own and you really wanted to learned to do it. But of course you also needed some piece of advice of others, their mistakes especially in trading, their experience that reached them most. Seeking knowledge by others experienced could also be very helpful.
legendary
Activity: 3248
Merit: 1179
October 08, 2017, 07:01:21 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

Trading isn't easy as it looks like, or as some people presented it here. I learned about trading on my own mistakes, and with following couple trading groups. I think trading must be learned on with practice, you can read a lot, follow others but in the end you are the one who place order and choose how much money you are willing to risk to make some profit.
Its hard to predict market, but depends do you trade with bitcoins and dollars or other bitcoins and alts you need to have separate plans. Bitcoin is again on 4600 dollars, and who ever bought bitcoin and waited enough earned money, bitcoin market is bullish and it will rise constantly. Some alts are also bullish in past year, so you take conclusions and make your plans for trading before you enter.
legendary
Activity: 896
Merit: 1000
October 08, 2017, 06:25:46 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.
hero member
Activity: 784
Merit: 500
October 08, 2017, 05:23:03 PM
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
full member
Activity: 434
Merit: 100
October 08, 2017, 05:05:22 PM
You need to read up basics of trading and understand how to bid and sell orders. Internet can give you that for free, babypips and investopedia. Join groups on telegram,  what ever you do stay away from pump and dump groups. Use what ever amount you can risk with to start and take it slow.
hero member
Activity: 868
Merit: 535
October 08, 2017, 04:40:29 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
As a newbie you should not just jump into trading based on the speculation and statements made around the internet about bitcoin and alternative coins but try to practice on how the market work and then develop Your Own trading strategy and investments plans. If you are not already into trading maybe stocks or forex then you will need to learn how to study chart and charting information. Trading is a game play by professionals and as a newbie you will need to develop your skills and knowledge about it in other to play it well.
That would be a good generalization and realization. When I started trading I had a lot of mistakes and lost a pretty substantial amount of money based on my starting investment. So, I would tend to agree with this. I just dived into it, which was really wrong. The best plan of attack would have been to study the market first and see the trends of cryptocurrency trading. But that wasn't the case for me so, I had to learn the hard way. I guess the learning curve with cryptocurrency trading is pretty steep, something we should all be careful of.
full member
Activity: 980
Merit: 114
October 08, 2017, 04:27:49 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
As a newbie you should not just jump into trading based on the speculation and statements made around the internet about bitcoin and alternative coins but try to practice on how the market work and then develop Your Own trading strategy and investments plans. If you are not already into trading maybe stocks or forex then you will need to learn how to study chart and charting information. Trading is a game play by professionals and as a newbie you will need to develop your skills and knowledge about it in other to play it well.
hero member
Activity: 588
Merit: 500
October 08, 2017, 03:40:34 PM
Because you are just a beginner in bitcoins do not first enter into trading. Because the whales are sure to swallow the money you invest in here. Take a bitcoins first because this will guide you to open the other things you need to know. Because if you skip to the study of bitcoins I'm sure you do not understand Trading
To become a good trader, it is too much important to have good study about trading, you also must have good experience about trading, because without good experience you cannot become a perfect trader, If you are a new trader, the you need to spend some time without investing money, because there are more chances that your will lose money if you do not have any experience in trading and still you are trading with huge amount.
full member
Activity: 420
Merit: 100
October 08, 2017, 03:15:11 PM
What i do when i trading and most important thing, is to stay calm. If you invest on a coin and EVERYTHING is crashing, including the coin you invested on, just wait, is not just one coin that's crashing, is the entire market. You gotta be patience in general, right noe the market is bleeding!  Tongue So, just stay relaxed hehe Grin
full member
Activity: 434
Merit: 100
October 08, 2017, 02:35:29 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
There have no practice trading site/option. So if you start trading you can start little bit trading to buying some coin. But first of all you earn primary knowledge about trading and all time follow the marketplace, ANN thread of the coin. Follow coin own website and control you emotion when coin prize up and down. It is my opinion and thinking.
sr. member
Activity: 2030
Merit: 356
October 08, 2017, 01:33:53 PM
There is no place for you can practice trade although you can't start with very little money. That is the place where most people start. You understand that if you're starting for just a couple of thousand satoshi , did your only gambling $0.50 ?
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