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Topic: To be a successful trader need help of a successful trader! - page 4. (Read 20358 times)

legendary
Activity: 2338
Merit: 1124
Well, tips and tricks from successful trader could be an imspiration and motivation but I'm not sure this could make you successful trader.
Every person is unique, has its own methods, perception, experiences and goals set. It's good to learn something from others and to try to avoid their mistakes but just that isn't enough to become a successful trader. No pain, no gain, remember that, that especialy refers to crypto world.
No matter how unique you are, you cannot fully develop what you have deposited in you without first seeing people do it and then learn from them, it is when you learn from them that you continue with your own personal development and discovery. Although I agree with you that relying on those successful traders cannot really give you success, but can lead us to part of success.

We have so many people that has the ability to trade but because they are the type that likes to see people do it and learn from them, that I when they can perform to their very best. There are some trades that I do sometimes that the picture that usually come to y mind is how my superior did it and if I apply the same strategy, I find myself doing it well.
hero member
Activity: 3052
Merit: 606
Successful trader can give an inspirational experienced, and can give tips to any traders who are starting here as a neophyte.
But their are some tools for us to become successful aside from successful traders. Because experience is the best tools for us to become
more good and become successful in the future.

I agree with that, it's an advantage if we have friends or member of the family that are successful trader as he can guild us along the way, meaning, we will only commit less mistakes. However, since most of us don't know a successful trader personally, we have to work on our own, and you are correct that experience is the best tool as it's the best teacher, with the internet era now, we can use our internet to access information online for free, and if we are really devoted with what we are doing, we won't get tired of making a research until we can finally find a working strategy.
legendary
Activity: 2912
Merit: 1068
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Well, tips and tricks from successful trader could be an imspiration and motivation but I'm not sure this could make you successful trader.
Every person is unique, has its own methods, perception, experiences and goals set. It's good to learn something from others and to try to avoid their mistakes but just that isn't enough to become a successful trader. No pain, no gain, remember that, that especialy refers to crypto world.
hero member
Activity: 1092
Merit: 500
Successful trader can give an inspirational experienced, and can give tips to any traders who are starting here as a neophyte.
But their are some tools for us to become successful aside from successful traders. Because experience is the best tools for us to become
more good and become successful in the future.
member
Activity: 546
Merit: 12
Yeah you're right. Everything starts with education. The more you educate yourself, the better your stands pertaining to such things. Moreover one thing I've learned is that you shouldn't be afraid of the market as a trader. Every market move is an opportunity for you to learn something new.
sr. member
Activity: 552
Merit: 250
The help of a successful trader is surely appreciated, but, in my opinion, you have to build by yourself your knowledge and experience about trading cryptocurrencies, and don't depend on the help of other people, even if they are successful traders.
full member
Activity: 783
Merit: 100
sometimes the influence of successful traders is really needed by prospective traders. when viewed now novice traders should try to have the teacher of a successful trader, because it is the best teacher and can teach you how to choose good trades and also good techniques to be able to walk forward.
jr. member
Activity: 206
Merit: 2
I think a lot of people don’t realized that there is no rocket science with these things. It’s all about education which will take you far. If you lack the Crypto Knowledge, it will be next to impossible for you to succeed. So if we just work towards that only it will be good enough to take us towards the next level in terms of making good money and that eventually becoming successful trader in longer run.
legendary
Activity: 3486
Merit: 1055
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having friends as professional traders really helps us to learn trading properly. and I am sure, professional traders will provide psychological lessons at the beginning and lead to discipline, and confidence. to learn analysis, it may be quickly mastered, but experience will shape our trading character, so we can find our own trading style
Yes every trader at least has his own style about trading and when it starts from learning what is obtained from a friend who has been successful before, then it is a plus for us so that it becomes easier for us to find our own next way. Indeed, this method is the fastest and more efficient way, but we realize that not all of us have friends as expected to succeed in trading, and then we are required to be more creative to get success in trading.
sr. member
Activity: 2086
Merit: 283
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more value will be gained if you join a trading group with experienced people so we can summarize various updates. sometimes with 1 or 2 people is not enough to better understand.

I salute the traders who insist on walking alone and only capture more experience with direct trading, the biggest problem is very thick with psychological factors that are always different.
hero member
Activity: 3178
Merit: 661
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The successful trader you're relying on I'm very sure that when he or she started they never had to rely on any one. So, it's not really a must that you will have to rely on another trader to be successful, just because they are being successful. You can still learn it by yourself if you can, cause they themselves learnt everything by themselves and now they are professionals.

Still, it's cool if you have someone who is a professional to rely on, at least if they are someone that you're very close with and stays around all the time, then you can watch them trade and execute trades at the same time with them. Group trading is cool, though when they lose you lose as well.

It's more better when you have two friends that are professional traders and you're all working together, then things will be working out. And by the time you get to their level of knowledge in trading, that would be best, three heads joined together. But why I said it's not a must you will have to learn from someone is because of those that doesn't have anyone to teach them, they can still do it on their own. So it's not really necessary..
Yes. Two heads is really better than one but in trading, it's not necessary that you will mostly rely your own decisions from others. You know you can be successful on your own through continuous reading of books about crypto,watching free videos in youtube and even good interaction here in the forum is also beneficial too. You can do this on your own if you know how to manage yourself and have self-discipline that will keep you always in a right tract.
jr. member
Activity: 60
Merit: 1
Basic trading skills, analytical skills, mentor and good sources of info. That’s a key to success, bro!
hero member
Activity: 2534
Merit: 586
The successful trader you're relying on I'm very sure that when he or she started they never had to rely on any one. So, it's not really a must that you will have to rely on another trader to be successful, just because they are being successful. You can still learn it by yourself if you can, cause they themselves learnt everything by themselves and now they are professionals.

Still, it's cool if you have someone who is a professional to rely on, at least if they are someone that you're very close with and stays around all the time, then you can watch them trade and execute trades at the same time with them. Group trading is cool, though when they lose you lose as well.

It's more better when you have two friends that are professional traders and you're all working together, then things will be working out. And by the time you get to their level of knowledge in trading, that would be best, three heads joined together. But why I said it's not a must you will have to learn from someone is because of those that doesn't have anyone to teach them, they can still do it on their own. So it's not really necessary..
jr. member
Activity: 236
Merit: 1
To be a successful trader you need to learn self-Discipline which is the most important ingredient to become a successful trader. No one can teach you, you have to teach it from yourself, your past mistakes, behavior, tolerance level, etc. Self-Discipline is part of our psychology and i think everyone needs to understand their psychology to achieve their goals of a successful trader. Because Techincal analysis plays only a 10%role in traders' success other 90% is psychological analysis.
newbie
Activity: 88
Merit: 0
Of course it’s better when you have a teacher, but it’s not the only way
Do you mean self-learning?

Yes, there are lots of different lectures and seminars, even trading platforms often have their educational materials

Recommend smth please, I’m on the way of this education, can’t find smth really worthy

I’m trading on monfex, and heard they have even their trading academy, you can try

Got any link?

https://www.monfex.com - trading academy in tab resources
legendary
Activity: 2338
Merit: 1124
From their experiences we can know the possible risks of what we are going to do. We can make some plans how to avoid those things if they are going to happen in the future. From there we can already know some techniques how to execute our trade properly.
If the purpose of leaning on traders that are higher than us is to gain some experiences from them, it would be a bad thing but where I have fault with some newbies is that they rely so much on these successful traders that they want them to be trading on their behalf and I ask how they will learn and gain experience if the purpose is to give them money to trade for us.

We might have so many successful traders in the market, but there is no way you can know all of them to always think they will be there at all time, there are some cases where we would have to make some certain decision on our own without consulting them, and the only way is if we ourselves becomes a successful trader by getting lots of experiences through them.
newbie
Activity: 20
Merit: 0
You’re right, there are no specific rules for becoming a professional you just have to trade your way and follow your own rules, however the help of an expert is always good as it can clear up certain doubts and warn you of probable errors that you are committing in the market, For this reason you should often use the forums that exist on the internet as there are multiple experts who can guide you with what you need and it is an easy and sure way to get these opinions without much effort.

Agreed. But i'd emphasize some points. First of all choose reliable trading platform, create your own trading platform, follow trading charts of reputable resources(personally i follow charts of Monfex)and try to make your own and use technical analysis.I use RSI and MACD.
hero member
Activity: 1820
Merit: 515
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I don't think a successful trader has positive influence on new trader at all the time because what work for some people may not work for others but some times it works though not all the time so, guys just be yourself do more research and practice the method that work for you.
I do not think so, I believe that successful traders always have a certain number of tips, even a lot of experience that they have accumulated after a long time to participate in the market, those are really valuable assets and greatly affect other traders, traders without realizing the problem and disorienting in trading. Agree that some knowledge will not work but some knowledge is always very quality, and so this topic has its very reasonable points but it will not be perfect when some exceptions, cases that succeed based on talent and effort every day
If there is someone who really want to tell all the tips then it will be really useful because it take years to learn that by ourselves but what is important is we need to work by using that tips and see it will work for us or not,simply reading the books or the words from others will not really helpful.
jr. member
Activity: 378
Merit: 1
I don't think a successful trader has positive influence on new trader at all the time because what work for some people may not work for others but some times it works though not all the time so, guys just be yourself do more research and practice the method that work for you.
I do not think so, I believe that successful traders always have a certain number of tips, even a lot of experience that they have accumulated after a long time to participate in the market, those are really valuable assets and greatly affect other traders, traders without realizing the problem and disorienting in trading. Agree that some knowledge will not work but some knowledge is always very quality, and so this topic has its very reasonable points but it will not be perfect when some exceptions, cases that succeed based on talent and effort every day
hero member
Activity: 1596
Merit: 502
I don't think the successful trader will teach someone to become another successful trader too. Many successful traders will keep the secret about their technique or method to make money. They won't share a complete or details on how they trade and make money. They will only share a piece of general information about the trade, and they will let traders think by themselves. But if you can get their information, and you can modify or get another info, then I think you could be one of the successful traders like them. I don't think that we need them beside us because what we need to be a successful trader is have a will to learn and effort to know more about trading so we can trade with good and the important is we can make a profit too. So that will depend on how we trade, and we can search the knowledge about trading by ourselves.
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