The best traders in the world – what they have in common

Wind_FURY

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Quote from: davis196 on December 29, 2016, 07:32:07 AM

Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

It is like a job, yes and the risk they take is greater. But it is a "job" they love to do. All the research, the hard work and the buying and selling they are doing must really not feel like a real job for them. Because one thing I have noticed is with them, they enjoy it a lot and maybe it feels like they are incomplete without it.

bitllionaire

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Quote from: Zenithar on January 02, 2017, 12:39:39 PM

Quote from: carlerha on December 30, 2016, 05:52:19 PM

Quote from: beerlover on December 27, 2016, 04:22:55 PM

Quote from: Zadicar on December 22, 2016, 09:22:18 AM

Quote from: Red-Apple on December 22, 2016, 08:04:06 AM

Quote from: ?? on ??

This guy called the latest price with 100% accuracy.I now follow him for the best trading ideas and its free or can donate by the looks of it.

there is no 100% accuracy in speculation my friend unless you have a time machine.

and looking at his articles it is similar to anything else, i don't see anything special about his speculation in particular he said "price will move to the higher price range of $850 or drop down with a major Retractment" i wouldn't call this 100% accuracy i call it a cautious speculation in order to say "i was right" in the future.

but to be fair his stuff is not that bad either. it is better than most things i see.

I totally agree with you that theres no 100% accuracy on trading since price are on random basis and this is just a retracement using fibonacci and as you said this stuff is not bad either since skilled traders or professional traders do usually do this kind of stuff.

The most common activity that I think most of the professional traders have in common is that they have patience and awareness. Patience does not mean to back a useless coin when even its being dumped. Awareness means to sell the coin oo asset you bought once you think its gonna get lower and lower only.

i think the most common activity among them is to have a good strategy for their trading, the most successful traders always follows their strategy for getting good result from their trading, therefore to me i think their similarities may be the fact that they have good trading strategies.

yes that can be a fact, most of good trader are making good strategy for trading which make the successful in trading, i think the common in best trader will be to make good strategy for successful trading.

every one has their own view and can give your own idea, but to me i think the most important thing that is common in all the successful trader is the patient and strategy, a good trader must always have a good trading strategy.

Supercrypt

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Quote from: geopolisch on January 03, 2017, 04:48:09 PM

Quote from: davis196 on December 29, 2016, 07:32:07 AM

Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

No it is not right to say. I do not think that most of the best trader have a big money.

I think most of the best traders have started their careers from investing a very low money in trading, and now they are earning such a big money, but the fact is that they give really more time to trading to learn it.

We come to know about some traders only because of their achievement not due to their initial big capital.

The many famous trades have always trade with a large amount of money, and the only way for the best trading a profitable earning you have to earn using a large amount, I don’t say that you can’t make money with a small amount but it is hard to make a quick and easy money from just 10$ or less.

More precisely we can say when we gain experience and developing skills we need to keep on increasing the capital amount so that we can trade significant lot sizes to make decent profits.

But this should be done under proper study along with calculated risk. These characteristics are very common among successful traders imho.

emezh10

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Quote from: geopolisch on January 03, 2017, 04:48:09 PM

Quote from: davis196 on December 29, 2016, 07:32:07 AM

Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

No it is not right to say. I do not think that most of the best trader have a big money.
I think most of the best traders have started their careers from investing a very low money in trading, and now they are earning such a big money, but the fact is that they give really more time to trading to learn it.

I think the Large funds us needed to get a high profit. But the most earner of all the time is the one who will do the hardwork. I think it is just a matter of hardworl and luck to be a successful trader and in addition is the large money or big funds because you can control a Coin if you have the biggest share or supply in it. But in the end of the day the one that is thinking first who will have a big profit.

geopolisch

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Quote from: davis196 on December 29, 2016, 07:32:07 AM

Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

No it is not right to say. I do not think that most of the best trader have a big money.

I think most of the best traders have started their careers from investing a very low money in trading, and now they are earning such a big money, but the fact is that they give really more time to trading to learn it.

We come to know about some traders only because of their achievement not due to their initial big capital.

BTCLovingDude

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Quote from: katrimans on January 03, 2017, 08:30:00 AM

Quote from: Pursuer on December 27, 2016, 11:05:53 AM

the best traders are those who have started from zero and learned everything slowly with patience. and through this process learned that patience is the key to every successful trade they make. and in this patience you have to be fast too. it means waiting for the best moment and then act on it as fast as possible. I keep seeing novice traders who are patient and then when the moment arrives the decide to be more patient and it means losing the opportunity.

Anyone who want to become a good trader he should start trading from a very little amount and then he should give good time to trading and to get a good experience, all the successful traders have the same secret that they get experience in trading by spending more time in learning the tactics of trading.

anyone who wants to learn about trading should not just start it by jumping in. he should first learn what trading is and how things work. preferably spend a moderate amount of time reading some trading related resources to educate himself and then start getting his feet wet.

katrimans

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Quote from: Pursuer on December 27, 2016, 11:05:53 AM

the best traders are those who have started from zero and learned everything slowly with patience. and through this process learned that patience is the key to every successful trade they make. and in this patience you have to be fast too. it means waiting for the best moment and then act on it as fast as possible. I keep seeing novice traders who are patient and then when the moment arrives the decide to be more patient and it means losing the opportunity.

Anyone who want to become a good trader he should start trading from a very little amount and then he should give good time to trading and to get a good experience, all the successful traders have the same secret that they get experience in trading by spending more time in learning the tactics of trading.

marcoman22

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Thats true.I too started my trading when i was working as a sales executive and i was able to take trade decisions boldly because i had a steady monthly income to bare the losses. Now i have left my job and still i continue my trading with the ample of experiences i got earlier. Being a trader, you should be patient and shouldnot get panic when the price falls.You should determine whether you are doing trading on long term basis or short term.

Zenithar

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Quote from: carlerha on December 30, 2016, 05:52:19 PM

Quote from: beerlover on December 27, 2016, 04:22:55 PM

Quote from: Zadicar on December 22, 2016, 09:22:18 AM

Quote from: Red-Apple on December 22, 2016, 08:04:06 AM

Quote from: ?? on ??

This guy called the latest price with 100% accuracy.I now follow him for the best trading ideas and its free or can donate by the looks of it.

there is no 100% accuracy in speculation my friend unless you have a time machine.

and looking at his articles it is similar to anything else, i don't see anything special about his speculation in particular he said "price will move to the higher price range of $850 or drop down with a major Retractment" i wouldn't call this 100% accuracy i call it a cautious speculation in order to say "i was right" in the future.

but to be fair his stuff is not that bad either. it is better than most things i see.

I totally agree with you that theres no 100% accuracy on trading since price are on random basis and this is just a retracement using fibonacci and as you said this stuff is not bad either since skilled traders or professional traders do usually do this kind of stuff.

The most common activity that I think most of the professional traders have in common is that they have patience and awareness. Patience does not mean to back a useless coin when even its being dumped. Awareness means to sell the coin oo asset you bought once you think its gonna get lower and lower only.

i think the most common activity among them is to have a good strategy for their trading, the most successful traders always follows their strategy for getting good result from their trading, therefore to me i think their similarities may be the fact that they have good trading strategies.

yes that can be a fact, most of good trader are making good strategy for trading which make the successful in trading, i think the common in best trader will be to make good strategy for successful trading.

Zadicar

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Quote from: arseaboy on December 31, 2016, 09:35:43 AM

Quote from: davis196 on December 29, 2016, 07:32:07 AM

Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

Yeah and some started from scratch and make their way up to the top because of trading. Trading is not that easy you really need to learn more about it on how it works. Learning also from mistakes will also help you out to lose some money on it. And I think these are the their common denominator in terms of trading.

Learning on trading does really require time and effort and you will definitely lose up money before you could able to learn and with those mistakes it will really help you out to mold yourself on the long run.Trading is really like a job it cant be perfect for the first time but eventually in the long run you can get it as long you are serious and dedicated enough.

arseaboy

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Quote from: davis196 on December 29, 2016, 07:32:07 AM

Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

Yeah and some started from scratch and make their way up to the top because of trading. Trading is not that easy you really need to learn more about it on how it works. Learning also from mistakes will also help you out to lose some money on it. And I think these are the their common denominator in terms of trading.

eddie13

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BTC or BUST

Quote from: thebatletbet on December 26, 2016, 09:47:38 AM

the best trader in the world is george soros
he is can control price
if you want succes you can learn history in trader soros, in early trade use low capital money

He got short on the sp500 and bought hillary!!!! lololoololzzzz

rekt

carlerha

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Activity: 588

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Quote from: beerlover on December 27, 2016, 04:22:55 PM

Quote from: Zadicar on December 22, 2016, 09:22:18 AM

Quote from: Red-Apple on December 22, 2016, 08:04:06 AM

Quote from: ?? on ??

This guy called the latest price with 100% accuracy.I now follow him for the best trading ideas and its free or can donate by the looks of it.

there is no 100% accuracy in speculation my friend unless you have a time machine.

and looking at his articles it is similar to anything else, i don't see anything special about his speculation in particular he said "price will move to the higher price range of $850 or drop down with a major Retractment" i wouldn't call this 100% accuracy i call it a cautious speculation in order to say "i was right" in the future.

but to be fair his stuff is not that bad either. it is better than most things i see.

I totally agree with you that theres no 100% accuracy on trading since price are on random basis and this is just a retracement using fibonacci and as you said this stuff is not bad either since skilled traders or professional traders do usually do this kind of stuff.

The most common activity that I think most of the professional traders have in common is that they have patience and awareness. Patience does not mean to back a useless coin when even its being dumped. Awareness means to sell the coin oo asset you bought once you think its gonna get lower and lower only.

i think the most common activity among them is to have a good strategy for their trading, the most successful traders always follows their strategy for getting good result from their trading, therefore to me i think their similarities may be the fact that they have good trading strategies.

davis196

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Quote from: milewilda on December 17, 2016, 08:53:39 AM

Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.

Yeah,the best traders in the world learn from their mistakes and continue to trade.

They have one thing in common-lots of money.... Grin

Trading is actually like having a job.

rickadone

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Activity: 1176

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Quote from: Taki on December 23, 2016, 03:10:33 PM

Quote from: BitcoinPanther on December 22, 2016, 08:23:48 AM

One thing I noticed to these successful traders is that they have a steady stream of income. Meaning, they are only trading what they can afford to lose making them ventures more risky environment while removing the risk along the way. Win or lose, they are able to continue with their life because of the finances coming outside the trading platform. This situation, without worries of getting bankrupt when they lose the trade, make them think brilliantly and see aspects in different point of view. Thus a result of being best trader in the world.

That is logical and wise when you are putting all your money for trading you have to have some steady income. To be able to live normal life and make some extra money with trading.

Yeah and usually from what I have seen in my personal life is that the traders or say investors make wise decisions and do not take risks.

What I mean to say is that trader does not mean a person who risks his money, professional trader is the one who buys something because he calculates with his experience and analysis that what he is buying would give him profit in future, like recently in India people bought paytm shares because they knew people gonna get cashless.

kohavn

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i accepted with your opnion, the world is now belong to rich man. We can't control it.

X-ray

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Quote from: bamboylee on December 27, 2016, 08:05:49 PM

Nice read op. Inspiring story.

Quote from: naidray on December 26, 2016, 03:44:43 PM

Quote from: thebatletbet on December 26, 2016, 09:47:38 AM

the best trader in the world is george soros
he is can control price
if you want succes you can learn history in trader soros, in early trade use low capital money

I respect Soros but according to me, Warren Buffett is the most intelligent person in the world.

He has immense control and knowledge about shares market and if he backs a particular share then usually the price just hikes and hikes, so what I mean to say is that the best investors do not risk their money rather they know and hence invest in that asset. Its like you know a city is gonna develop a lot and hence you buy a property there.

I believe soros and buffet are on different field. Soros is on forex trading and buffet is more on business and investing. But if you'll compare them, I believe soros is better because it takes guts, discipline and intelligent to bankrupt a country.

guts,discipline, and intelligent is not enough to make a country bankrupt. the main thing you will need is power,money,and any other resources then you can control whatever you want. this world is nowadays turned and belongs to the rich. whatever they want they can get as long as they have the money to take control over anything in this world,even massacre

JeffBrad12

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Quote from: bamboylee on December 27, 2016, 08:05:49 PM

Nice read op. Inspiring story.

Quote from: naidray on December 26, 2016, 03:44:43 PM

Quote from: thebatletbet on December 26, 2016, 09:47:38 AM

the best trader in the world is george soros
he is can control price
if you want succes you can learn history in trader soros, in early trade use low capital money

I respect Soros but according to me, Warren Buffett is the most intelligent person in the world.

He has immense control and knowledge about shares market and if he backs a particular share then usually the price just hikes and hikes, so what I mean to say is that the best investors do not risk their money rather they know and hence invest in that asset. Its like you know a city is gonna develop a lot and hence you buy a property there.

I believe soros and buffet are on different field. Soros is on forex trading and buffet is more on business and investing. But if you'll compare them, I believe soros is better because it takes guts, discipline and intelligent to bankrupt a country.

Are you ever heard Warren buffet was saying to the banker for buy a much of gold? The bank has done that and in this time they have kept a lot of domination in the gold stock exchange.

Both were same. suggesting a decision for with the great result. Cheesy

I hope that won't be happening on bitcoin.

bamboylee

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Nice read op. Inspiring story.

Quote from: naidray on December 26, 2016, 03:44:43 PM

Quote from: thebatletbet on December 26, 2016, 09:47:38 AM

the best trader in the world is george soros
he is can control price
if you want succes you can learn history in trader soros, in early trade use low capital money

I respect Soros but according to me, Warren Buffett is the most intelligent person in the world.

He has immense control and knowledge about shares market and if he backs a particular share then usually the price just hikes and hikes, so what I mean to say is that the best investors do not risk their money rather they know and hence invest in that asset. Its like you know a city is gonna develop a lot and hence you buy a property there.

I believe soros and buffet are on different field. Soros is on forex trading and buffet is more on business and investing. But if you'll compare them, I believe soros is better because it takes guts, discipline and intelligent to bankrupt a country.

crazywack

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Cool write up! Sometimes I feel like I hit a brick wall and it could all come crumbling down. Other times I feel like nothing can stop me and I can't loose. Personally my favorite piece/self learned advice is...patiance... Don't pre maturely buy or sell your positions. Can't say I'm close to these 3 traders Wink

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