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Topic: Trading like professional. - page 4. (Read 3245 times)

hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
November 30, 2016, 03:44:06 AM
#25
Like other said trading is professional skill but you should start in basic knowledge about trading before you become professional you need to start in basic trading and discover some methods how to grow your capital in trading.. it is not easy to trade but if you can learn to analyze and some methods that you can make profit and learn and discover new methods to increase your profit..
Yes you are right, to become a professional trader should start from the basic. To be able to learn and success in trading requires learning, and it requires a fairly long time. A professional trader already has a very long trading experience even more than two years. I believe professional traders never make mistakes in trade but they can overcome it.
Don't really need a long time. if you were gifted on this thing then you just need short amount of time. the most important thing is gaining an experience from other by following course or reading book about trading and then you will know the basic of trading or even having wider knowledge.
that's seem very simple but really important
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 30, 2016, 03:20:53 AM
#24
Like other said trading is professional skill but you should start in basic knowledge about trading before you become professional you need to start in basic trading and discover some methods how to grow your capital in trading.. it is not easy to trade but if you can learn to analyze and some methods that you can make profit and learn and discover new methods to increase your profit..
Yes you are right, to become a professional trader should start from the basic. To be able to learn and success in trading requires learning, and it requires a fairly long time. A professional trader already has a very long trading experience even more than two years. I believe professional traders never make mistakes in trade but they can overcome it.

and its need time before we can get success like a professional trader. beside that, we should ready to learn anything lesson from others experience and apply in our trading with a modification that can work with us. i think its normal if a trader make a wrong decision in trading and many trader to do this but with a good effort, they can get their profit back to them and continue to trading and make another profit.
legendary
Activity: 1218
Merit: 1000
November 30, 2016, 02:49:19 AM
#23
Like other said trading is professional skill but you should start in basic knowledge about trading before you become professional you need to start in basic trading and discover some methods how to grow your capital in trading.. it is not easy to trade but if you can learn to analyze and some methods that you can make profit and learn and discover new methods to increase your profit..
Yes you are right, to become a professional trader should start from the basic. To be able to learn and success in trading requires learning, and it requires a fairly long time. A professional trader already has a very long trading experience even more than two years. I believe professional traders never make mistakes in trade but they can overcome it.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
November 30, 2016, 02:14:34 AM
#22
I've seen problem with people's emotional nature a lot
Yes emotions will kill your trading plans. Usually traders do start their day with some predetermined plans and discipline regulations. But when they are facing market movements against their decisions, they lose their emotion control and start breaching their own trading-plans and disciplines.

Failing to control emotions will not help a trader to become professional. But emotion control will be possible only through experience, most probably professional traders are expert in emotion controls.
legendary
Activity: 1400
Merit: 1001
November 29, 2016, 10:50:49 PM
#21
Emotions is really a big problem with doing trades because it will affect you psychologically and if this will happen to you, you could not able to decide properly and might be derailed on your listed plans or methods that you should do thats why its really hard when you let your emotions overcome you when you are in the middle of a trade.
I've seen problem with people's emotional nature a lot while I traded on my local exchange.
Sometime out of a blue one huge sell order appears, when rest of traders see it some of them lose their composure and panic, setting much cheaper sell orders.
And how chain reaction usually begins - in extreme cases I noticed that BTC price can go down even ~$100 - before someone sane appears an buy BTC from these idiots.
sr. member
Activity: 364
Merit: 254
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November 29, 2016, 06:34:42 PM
#20
Yes you have to take the emotion out of it. You need to avoid panic selling or buying and set up a system for trading. I preset buy and sell orders and just let them clear when they reach that point.
hero member
Activity: 882
Merit: 500
November 29, 2016, 02:38:01 PM
#19
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
The professional and novice traders will be doing almost similar things but their plans and management will definitely differ. Only with experience a person may become professional trader not by just reading some books. So, good management and profitable trading tactics will be possible only through experience alone.
sr. member
Activity: 924
Merit: 260
November 29, 2016, 11:11:29 AM
#18
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 

but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness.
Emotions is really a big problem with doing trades because it will affect you psychologically and if this will happen to you, you could not able to decide properly and might be derailed on your listed plans or methods that you should do thats why its really hard when you let your emotions overcome you when you are in the middle of a trade.
you have said it all. Emotion is the major reasons many inexperienced traders loss in trade and you should also know that its still the same reason experience trader make alot of money from trading. You should know that five percent of trader make the money of the loss of the remaining of ninety five percent.
sr. member
Activity: 630
Merit: 267
Just follow the rules
November 29, 2016, 10:05:44 AM
#17
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 
Skillful trader don't acutually needs advices or he just seeing the graph of the coins where it to drop or when it increase they stocking lot's of altcoins (alternative coins) to earn more than they know. Emotion is really big problem also in trading if you are just a newbie in this industry then your about to scared loosing money.
hero member
Activity: 3010
Merit: 794
November 29, 2016, 09:51:11 AM
#16
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 

but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness.
Emotions is really a big problem with doing trades because it will affect you psychologically and if this will happen to you, you could not able to decide properly and might be derailed on your listed plans or methods that you should do thats why its really hard when you let your emotions overcome you when you are in the middle of a trade.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
November 29, 2016, 09:18:50 AM
#15
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 

but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness.
legendary
Activity: 1666
Merit: 1001
November 29, 2016, 08:37:29 AM
#14
Professional trader know when to sell and know when to buy, it is the experience that sharpen their skills not some theory from book or internet, they can even make profit from the most difficult situation and for sure they didn't follow their emotion and they not blindly follows market trends
legendary
Activity: 994
Merit: 1000
November 29, 2016, 07:55:36 AM
#13
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 
They don't trade with emotion but they try to learn the psychology of other traders.  Grin
Elite traders don't look at doubling or tripling their bankroll, they used to set fix profit range per week/month and work according to it.
Experience however plays big role in trading practices and skills, you can't be professional trader within few weeks or months.
newbie
Activity: 27
Merit: 0
November 29, 2016, 07:34:26 AM
#12
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 

Every professional have different view on how will they deal with their tradings goals. If such cases that their own plan give them success they will stick into it and will enhanced it more.

So same even with putting emotions or not. It will not dictate the overall trade after all since it's not predictable.
hero member
Activity: 1372
Merit: 564
November 29, 2016, 07:15:55 AM
#11
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 
It is there are professional trader who can manipulate trading and coins to be decrease and increase. And most of skilled trader are good when they are pumping nor dumping the coins to get a profit their are some plans so they can earn high profit.
full member
Activity: 140
Merit: 100
November 29, 2016, 06:59:38 AM
#10
To be a skilled trader you have to endure a lot of losses first and learn from your experiences, but one advise that is always very effective in knowing where prices will go is watching out for news and latest economic calendars.
full member
Activity: 210
Merit: 100
November 29, 2016, 05:53:30 AM
#9
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 

The most skillful trader is the insider trader, you can study 2000 books but trading is always a mystery, especially bitcoin trading
legendary
Activity: 3472
Merit: 10611
November 29, 2016, 12:53:01 AM
#8
Professional trader know the methodology of trading. Most skillful trader  didn't trade with emotion they have their predetermined exist plan and have good trading plans. 
 

There are 2 kind of tradings. Online which is the most risky one and offline in which a trader usually makes profit.

Here is an example: Online you are betting on a pair, on a single product price like commodities for the price to go up or down. In such environment usually most of the people lose.

Offline, what I do with my local currency in my country. My local currency is EUR, and now is very weak compared to the USD. I don't do anything in such scenario. When the Euro is strong I buy USD with it and then wait for a time like this in order to buy the Euro back when dollar is stronger, resulting in increasing in the number of my Euros.

I suggest to you and every one else physical trading over online trading.

as it was said, you can do what you are explaining online too. and it has nothing to do with being offline or online for making successful trades.

besides it seems to me like when you are using the term "betting on a pair" it shows you are not so familiar with trading. because trading has nothing to do with making a bet or buying something and profit if you are lucky and price of it goes up.

instead you buy something (currency, commodity,....) when you analyze the market and make the conclusion based on observation that price is at its lowest and also when you do a risk assessment about the profit and loss that is possible to happen and then buy at the bottom to sell when the price went up.
although this is a simple explanation but it is the whole idea of it which has nothing to do with betting and hoping price goes up.
hero member
Activity: 924
Merit: 1001
November 28, 2016, 04:11:45 PM
#7
Like other said trading is professional skill but you should start in basic knowledge about trading before you become professional you need to start in basic trading and discover some methods how to grow your capital in trading.. it is not easy to trade but if you can learn to analyze and some methods that you can make profit and learn and discover new methods to increase your profit..
full member
Activity: 126
Merit: 100
November 28, 2016, 03:48:28 PM
#6
it's not that difficult to trade forex
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