Topic: The Best Time to Become a Trader - page 31. (Read 28881 times)

Yes, experience must be the key here. Finding out the 'best time' must be based on mock/paper trading. When we will be able to make profits with paper trading, there is no need to wait more. Best time has already arrived to get start.

You can became the trader, when you have enough market experience when to buy and when to sale. Plus in Bitcoin market you must have very good market trends knowledge. Then choose your favourite exchange and let's go.

As many people said anytime,anywhere aswell as any amount we can be a trader and its all matters for people on when he would choose to start since he is the only one whoncan dicide for this, but for a start we should not expect bigger earnings since newbie is prone for lost, so better if newbie wants to start they should get a mentor to teach them correctly so they will not lost on the ocean of crypto coins.

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

I agree with you . whenever we can be a trader. anywhere and any time a trader can trade.
they just need an internet connection in order to access their account. it's very easy to do nowadays.

this is quite right.
trading is one of those things that you only need experience and lots of it to be able to become successful.
it is not as easy as doing other regular jobs and it is so much more stressful than other jobs. this is why it can be so profitable because it is not easy to speculate (predict) about the future of a commodity that you are investing in. a lot of study and experience goes into saying which way that commodity is going to move next so that you can get prepared before it goes in that direction and then earn profit on both ways.

No one could become a trader at any time that too particularly a good trader. Only after some mock trading experience and drills by developing some own strategies to test market fluctuations, a person could become a trader. Without them, trying to be a trader must be very dangerous as it will lead to big losses.

Anytime someone is become trader. I agrer that we need capital to trade because if you dont have money to trade its useless. The time is running you can start trading if you have capital for you to earn money.

This sentences is already represented my answer... all of the time is always for becoming a trader and for becoming a trader is always  don't recognize about the best moment.. every moment is always best and just depend how u can taking the advantages from the possibilities.

The best time is if you have the capital investment, you know the basic, the do's / don't and that's all about it. You're on your way of becoming well seasoned trader.

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.

Well.. i think the best time to become a trader is right now, don't wait until you are retire from your job. Because becoming a successful trader needs time for learning strategy of trading until you get income from trading.

I think that you can become a trader any time. Just be sure to not keep your coins into an exchange and put them into some form of wallet(preferably hardware, plastic, and desktop wallets since online wallets can be hacked or scam.)

“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)