Topic: What do you need to become a successful trader? - page 15. (Read 6340 times)
Trading in forex, stocks and cryptocurrency needs special skills and understanding. I have tried to trade in all these market in the past and my advice to others is to start developing your skills yourself! You may need little explanation from the beginning and if you are unlucky you may meet bad instructors that will lead you in his own way. Start as little as you can because your experience is what builds your trading skills and understanding.
Forex is more complicated and riskiest than crypto trading. With persistence, building up your trading experience, and learning daily, you can become a successful trader. The knowledge is very important, so keep reading and learning at least the basics of crypto trading, and always try small amounts for your first trades.
Bitcoin and Ethereum markets are the safest for the beginners actually, in my view.
Bitcoin and Ethereum markets are the safest for the beginners actually, in my view.
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What you need to do is learning about how to find the right time to buy at a low price and sell high. That is the most important, and you need to analyze by watching the market. And if you are familiarized with the trend moves, I am sure you can get the right sign to buy at a low price. To be a successful trader needs a lot of things and not just learning from another source, but you also need to have to practice, which means you need to trade many times. I don't suggest you do forex trading because you will need to learn more than just analysis and indicator, and that will be more complex than crypto trading. It is better to do crypto trading because I think you will have a bigger chance to make money than in the forex trading.
Why some traders become successful and the other fails? Just because they don't have the same strategies to follow nor that optimistic and positive outlook towards the market. They become successful because they survive and learn from mistakes that they committed previously, giving them a hint to find out what's missing. Continuous learning and a strong commitment to their job brings them to achieve their goals and be recognized as a successful trader.
This is what we should have to do.
This is what we should have to do.
Don't focus on technical analysis just focus on "buy low and sell high" crypto or bitcoin is unpredictable and no signals.
If you want to make a profit try to trade on Binance they have some tools that can prevent you from losing.
Check this for a quick guide: https://www.binance.vision/tutorials/what-is-a-stop-limit-order
Don't trade with yobit again because it's not actually safe place to trade.
If you want to make a profit try to trade on Binance they have some tools that can prevent you from losing.
Check this for a quick guide: https://www.binance.vision/tutorials/what-is-a-stop-limit-order
Don't trade with yobit again because it's not actually safe place to trade.
Hello guys, I'm here because am so lost and confused about this whole thing of trading bitcoin or any other market as forex, stocks ...... first, when i started trading bitcoin it because i heard and saw many people talking about it and that you can make a lot of money. I mean yeah at first i made some profits by buying small amounts of bitcoin in Yobit then selling it again when the price goes up, but when day when the bitcoin went down i lost a lot of money.
I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
Technical analysis is important weapon in trading but ofcurse we need to be carefuin every decision to avoid a lot of loses because we trading is also a luck games with have risk, the key is hard work with patience to become successful traders specially herein crypto because difficult to predict with potential coin up or down quick.
So many traders don't depend on either technical or fundamental, they just watch the market, enter and take their profit.
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
You have to practice a working pattern for you and rely on it.
Research for how to trade profitably.
Don't be greedy and trade with the believe that you going close the brokers shop.
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
You have to practice a working pattern for you and rely on it.
Research for how to trade profitably.
Don't be greedy and trade with the believe that you going close the brokers shop.
How they can make profits just by watching the chart for that's not trading but gambling. And anybody can do that but eventually you'll lose all your money.
I'm not being greedy or want to be rich. What i want is to learn the right way to become a trader. I don't wanna wast my time learning something fake as they saying that technical analysis is bullshit.
So many traders don't depend on either technical or fundamental, they just watch the market, enter and take their profit.
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
You have to practice a working pattern for you and rely on it.
Research for how to trade profitably.
Don't be greedy and trade with the believe that you going close the brokers shop.
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
You have to practice a working pattern for you and rely on it.
Research for how to trade profitably.
Don't be greedy and trade with the believe that you going close the brokers shop.
Hello guys, I'm here because am so lost and confused about this whole thing of trading bitcoin or any other market as forex, stocks ...... first, when i started trading bitcoin it because i heard and saw many people talking about it and that you can make a lot of money. I mean yeah at first i made some profits by buying small amounts of bitcoin in Yobit then selling it again when the price goes up, but when day when the bitcoin went down i lost a lot of money.
I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
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