Topic: The Best Time to Become a Trader - page 15. (Read 28881 times)

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.

Yes,trading is nearly an unpredictable job that too in altcoin market.Yes,its very stressful especially when you predict a coin's price to go high and it starts falling at high speed,may be a dump.You should have prior experience in trading and you should be able to read the charts for analysing the coin's history and present condition.

i think everything in this world need an experience to get the optimal result nor only logic that's being taught when at school,and if it's about trading,the experience,luckyness,skill of analyzation matter so much,and even you're such an experted trader with dozen of experience,you can't predict future

Acquiring knowledge on trading aspects will not happen in quick time, we must give it enough time so that we can groom as a good trader. Usually traders wants to learn after becoming trader because they do believe buying low and selling high will be the only requirement for trading and they are already familiar to that. So their best time comes to them within a day itself.

But I am sure those kind of traders who starts trading by not giving enough time for learning process of trading, will find trading as gambling. They make profits some day and will lose all their capital in some other day.

Well guys i dont agree with that if you really want to be a trader you must have knowledge to start trading because there are some people really want to start trading without enough strategies. Learn and set your goals thats the best time for me

Yes agree you can be trader anytime but I am definitely sure you will lose your all money if you don't have experience.Its very easy to become trader but its very hard to become a successful trader.As my opinion you need at least 3 years experience on trading  to become a successful trader.

Yes any time can be the right time to become a trader and don't forget that you need to have enough pocket money in able to start buying good alt coins. Don't be like those other newbie traders that wants to earn big amount because that is going to pull them into losing. It's always a good thing that you can start with small amounts.

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.

“Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town -- the international financial markets. So my interest shifted from playing cards to playing the markets.” - James Frazer

Someone in a West African country - a young man - had exhausted all means of getting a reliable livelihood, including hard manual labor. He resorted to commercial motorcycle riding. At least, he was able to get some money to feed his family.

One day, he’d a near fatal accident, and got confined to bed for weeks. I thought he’d never go back to commercial bike riding. I was wrong! Since he thought he’d no alternative, he went back to that job.

The young man went back to a job that nearly claimed his life because he’d no alternative; yet many quit trading because they lost negligible amount of money. People suffer ignominious defeat in other areas of their life and careers, and they don’t see any big deal in that. Nonetheless, they see a big deal in trading losses and they think there are better alternatives.

There are many people who tried to discourage me from trading when I started. These were people who were considered intelligent and successful in other fields, like religion, education, politics, etc.

For example, one respected religious man told me that he didn’t want to become a trader because he knew those who wanted to make heaven shouldn’t trade. What a totally wrong opinion about trading? That statement could discourage ignorant people from attaining their potential as traders. The man later sent me a personal email, asking me to remove him from my mailing list because he wasn’t a “businessman,” and he wasn’t interested in trading. I quickly removed him from my mailing list. He later blocked me on Facebook because he didn’t want to see some of my posts, which obviously related to trading. 

I wasn’t deterred by his actions, for I knew his actions were also lined with envy. I knew he wasn’t the one to feed me or carry my responsibilities for me. He’d his own responsibilities and he’d even be glad if someone like me offered him some cash.

Years later, the same man was surprised that I’m still a trader, with a measure of success. I even sent him some money recently. He was grateful for the gift. 

When Should You Become a Trader?
Now is the time for you to decide to become a trader. You chances of success are greater than you can imagine.

How can this be possible? I’ll reveal the secrets in my coming articles.

Most people come to trading as a last resort: When they’re completely down, when they’ve nothing to rely on and they’ve exhausted other possibilities. This is a wrong time to become a trader, since the financial pressure on you would make it impossible to trader with sane logic and rationality. 

It’s better for you to become a trader when you’ve another sources of income. When you know that some initial challenges you encounter wouldn’t endanger your wellbeing (and perhaps, that of your family).

When you’re supported by your family, your life as a trader would become easier. Joe Ross, a trading veteran, once said his wife suggested that he write down what he knew about trading so that his children could learn in the event they ever wanted to take up trading. What he wrote at that time became his first book. Joe Ross clearly had support from his family. What a blessing!

Don’t Give Up Trying to Become a Successful Trader
Several years ago, when I encountered initial challenges in trading, I was tempted to give up. However, I was lucky to come across some things that encouraged me to keep on going. I knew I’d no better alternatives than trading. Now I’m happy to be a trader. I can only look forward to a brighter future.

Trading success is sweet, liberating and enriching. There are numerous known and unknown traders all over the world, who make decent profits on monthly and annual basis. They won’t exchange this wonderful privilege for anything! By not giving up trying to become a successful trader, you’ll soon experience the joy of financial freedom that comes with trading.

Conclusion: Many a good trader has survived the point at which chicken-hearted people quit, and has been rewarded. If we also imitate such determined traders, we’d survive whatever the hurdles we come across and we’ll enjoy rewards greater than what people think we can enjoy.

This article is ended with the quote below:

“Roald Amundsen says: Adventure is merely bad planning. I have talked about Amundsen before and focused in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies.  Much the same could be said about traders and trading/. If you are find trading an adventure or it is exciting/stressful then you are most likely doing it incorrectly.” – Chris Tate (Source: Tradinggame.com.au)

That's true and im agreed with your statement this could be done with step by step you can be a good trader when you don't know what you are doing being newbie is not the bad too everything can be learn if we really want too not only learning but we also implement that knowledge to be a pro in right preparation everything will be perfect at the end

That's true and im agreed with your statement this could be done with step by step you can be a good trader when you don't know what you are doing being newbie is not the bad too everything can be learn if we really want too not only learning but we also implement that knowledge to be a pro in right preparation everything will be perfect at the end

Others say none but following up a statement like; as long as you are ready, prepared, have some trading knowledge, knows the risk, already knows the basic etc.

Doesn't making sense isn't it?

With that preparations stated then that is the best time so obviously there is a best time when people wants to become a trader. How come a newbie will just dive into trading activity without any knowledge even for a basic. That is totally a suicide.

No best time to become a trader i think if you planning to trade decide now not tomorrow because trading are the one of the best thing that you can get income. It's been hard to trade but you need to porsue your self if you want to trade.

No best time to become a trader i think if you planning to trade decide now not tomorrow because trading are the one of the best thing that you can get income. It's been hard to trade but you need to porsue your self if you want to trade.

We can really start into  trading anytime  as much as we want as long we are knowledgeable with this field and  you already have idea because  if you  just rush into this thing without  proper knowledge then for sure  you would  lose your money. Being a  trader is  not easy at all especially we are  battling against price movements of  a certain coin or currency but  the hardworks  on making   positive trading  would  really make  you decent money.

There is no best timie to become traders mate, I guess all you have to do is just to be ready on taking the risk on trading but the best timing? None. You better make some background check to the where you are going to trade on so you will not be scammed or be regret in the end on putting your money in wrong hands, and make some wise and wiser decision so you will not blame anyone at last. Things are just in your hands.

I think, in trading business more basic preparations might mentality,not to be too ambitious in pursuit of profit because it will reduce our concentration in analyzing the market