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Topic: Practice trading - page 19. (Read 9546 times)

hero member
Activity: 779
Merit: 500
September 24, 2017, 04:01:52 PM
There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.

The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
Practice the knowledge you learned slowly, you do not need hurry, nobody can rob your profit and the opportunities of Bitcoin never till its value pump to the moon. In this year, you still have much times to learning and improve your trading skills.
sr. member
Activity: 2366
Merit: 332
September 24, 2017, 03:48:44 PM
There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.

The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
legendary
Activity: 1456
Merit: 1005
September 18, 2017, 10:49:45 AM
There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading.
hero member
Activity: 2968
Merit: 687
September 18, 2017, 09:41:01 AM
There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot.
sr. member
Activity: 952
Merit: 250
September 18, 2017, 09:33:26 AM
There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy!

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
newbie
Activity: 37
Merit: 0
September 18, 2017, 09:32:45 AM
If you don't have experience with crypto trading, try practise account, almost every CFD broker offers it for free. Do you want to trade short time frames or long time frames? And don't forget to always check the news
full member
Activity: 476
Merit: 100
September 18, 2017, 09:19:30 AM
If you are trading for beginners you have to read first the turorial, read to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.
hero member
Activity: 910
Merit: 502
August 21, 2017, 12:25:27 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

You can read first about how trading works and be familiarize with the terms. You can find a mentor who is an experienced trader and can help you a lot in your way of being a profitable trader. You can get tips and advises from him and eventually you can develop your own trading style and strategy. Trading is not only about buying low and selling high but it involves a lot of emotions as well. Managing your emotions is very important in trading and it goes in par with being familiarize in technical and fundamental analysis.
Trading is indeed a proper business that requires a lot of skills and knowledge. To be a successful trader, one needs to first study hard about the coins you are interested in and other potential coins available in the market.
You are not always lucky enough to be guided by a veteran. So it is better to work hard yourself quietly and let the success shout loud.
hero member
Activity: 714
Merit: 500
August 20, 2017, 11:19:09 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
First,you try to learn the basics of trading by reading articles in some blogs or websites and by watching some youtube videos which explain about trading techniques.Then,you try to read ANN thread of the coins in which you are going to invest and find its marketcap,who are its investors.Then initially invest a very low amount and start trading.Try to learn how to read the various price charts found in exchanges to find out the price movements.Invest in older coins since you are a newbie to minimise risks.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
August 20, 2017, 10:05:00 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.

For this, I like to suggest you to open an account with yobit.net as they are providing some free coins every day, collect them and watch market till then.

In between time you can open trail accounts with the any Forex brokers so that you can get practice into various technical analysis indicators and strategies.

I do not recommend to use yobit as there are many problems regarding their services, better to open an account at bittrex atm if there's no any local exchanges in your country. Learning trading takes time, at least you need min 2 weeks to learn about the basics of trading. read some theories about trading and join into several trading groups to learn more. Meanwhile, you need capital to start trading, remember, trading is a game which there are many people loss their money. So, don't be greedy and divide your capital into several amounts to buy several coins.

You're just practicing trading what's wrong with using yobit? Its not as if you're going to deposit a big amount already. Yobit has a lot of small coins to practice on. You'll familiarize yourself more about which coin can be trusted or not and how to detect them
hero member
Activity: 910
Merit: 523
August 20, 2017, 06:57:20 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.

For this, I like to suggest you to open an account with yobit.net as they are providing some free coins every day, collect them and watch market till then.

In between time you can open trail accounts with the any Forex brokers so that you can get practice into various technical analysis indicators and strategies.

I do not recommend to use yobit as there are many problems regarding their services, better to open an account at bittrex atm if there's no any local exchanges in your country. Learning trading takes time, at least you need min 2 weeks to learn about the basics of trading. read some theories about trading and join into several trading groups to learn more. Meanwhile, you need capital to start trading, remember, trading is a game which there are many people loss their money. So, don't be greedy and divide your capital into several amounts to buy several coins.
sr. member
Activity: 734
Merit: 250
August 20, 2017, 06:46:47 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

If you are trading for beginners you have to learn first, learn to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.

this is what i am suggesting to my friend too when he want to start trading. but sometimes, i am told to him by selecting a coins so he can buy the coin. we must practice trading if we want to be pro trader even if we only have small budget to start. i believe if we are smart to choose the coin, we can make big profit too.
Choosing right coin is a smart thing. Practice is the real thing everywhere in practical world. And if someone asks me, I suggest him to trade with ordinary currency on a lower level. He must keep trading till he gains much experience to go on upper level because if you go to bitcoin trading directly without any experience then you may face a huge loss. And that will result in giving up trading on the first place.
sr. member
Activity: 434
Merit: 252
August 20, 2017, 10:26:56 AM
youtube has lot of easy video about trading..you watched it.and you can study about trading on this forum..and also ask people who have many experienced.if you have small money better you tread earn and learn.
Watching videos on youtube is very good as a place for beginner trading training because there are many tutorials that are easy to understand
full member
Activity: 414
Merit: 100
August 20, 2017, 10:15:57 AM
youtube has lot of easy video about trading..you watched it.and you can study about trading on this forum..and also ask people who have many experienced.if you have small money better you tread earn and learn.
sr. member
Activity: 672
Merit: 250
August 20, 2017, 09:49:53 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

The solution will be to read and study and practice and ask from reliable people who have extensive experiences already. That's what I am doing right now actually. Perhaps, you may start from choosing your best trading platform. Bittrex is the most famous as there are so many coins there. Try creating a bittrex.com account and explore and familiarize the buttons there.
That is the first thing you need to do. Study and invest a lot of time for you to learn things specifically the system of bitcoin on earning on trading or investing. And for me there is no practice mode on trading if you want to learn more try on trading in your own way taking all the risk that could possibly affect your earning. It is better to take the risk and learn from your mistakes because it could teach you to develop in a form of your tradings and decision making. Experience is the best teacher and could be a guide for you to learn more things about bitcoin.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
August 20, 2017, 09:26:01 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

If you are trading for beginners you have to learn first, learn to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.

this is what i am suggesting to my friend too when he want to start trading. but sometimes, i am told to him by selecting a coins so he can buy the coin. we must practice trading if we want to be pro trader even if we only have small budget to start. i believe if we are smart to choose the coin, we can make big profit too.
sr. member
Activity: 644
Merit: 261
August 19, 2017, 10:45:16 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

You can read first about how trading works and be familiarize with the terms. You can find a mentor who is an experienced trader and can help you a lot in your way of being a profitable trader. You can get tips and advises from him and eventually you can develop your own trading style and strategy. Trading is not only about buying low and selling high but it involves a lot of emotions as well. Managing your emotions is very important in trading and it goes in par with being familiarize in technical and fundamental analysis.
full member
Activity: 504
Merit: 100
August 19, 2017, 09:55:17 PM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

If you are trading for beginners you have to learn first, learn to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
August 13, 2017, 12:00:13 PM
Just go through the threads on this forum about trading and try to learn as much as you can. If you have questions other then existing threads then you can ask freely, seniors are here to guide you with best of their knowledge. Practice makes a man perfect, try practicing and start it with a small investment first. Once you become confident about your trading skills then you will be able to invest more.
Youtube, forum and group in facebook are good friends of us, it will help us to accumulate experience, knowledge and help practice trading easier. Enough knowledge we will be more confident in trading, and I think we need a friend has a lot of experience to guide us, knowledge is dead, people are alive, the experience of the people ahead is better than the experience from the book
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
August 13, 2017, 11:27:45 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

Cryptocurrency trading can be profitable as long as you understand what you are doing but also you can lose. Start watching videos on youtube the basics of trading. Ask people you trust. Open an exchange  account like bittrex and put minimum bitcoin for you to start. Experience again is the best teacher.  And do your own research.

Only watching videos available in Youtube or reading article about the bitcoin trading will only not give strategy to being part of trading. I suggest to try initialize your trading path in the localbitcoins.com.
Apart from this site, polenix, yobit and cex.io are the best to trade the digital currencies.
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