What should I learn to be a professional trader? - page 2.

BeGoods

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Quote from: Sanitough on April 28, 2019, 07:31:47 AM

Quote from: mersal on April 28, 2019, 06:30:24 AM

Quote from: luckycoinn on June 22, 2018, 10:56:43 PM

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn

my opinion is if you want to be a professional trader you need to take some some knowledge about what we can do and what we cannot do while trading especially if you are a trader you need to sacrifice some things in your life then only you will definitely go with this field for a long period of time.

To become a professional trader, it's not only basic knowledge that is needed, skills is also important because you are facing big risk in making money here. You can only call yourself professional if you are really into and your fully understand it and you can make a living by trading.

To become a professional trader you have to keep learning. you're right, you can't be a professional if you only have basic knowledge about trade, you have to have deep knowledge, and always learn from experience and you should to have great skills, Your skills will increase as you continue to try

goaldigger

sr. member

Activity: 2422

Merit: 357

Being a professional trader is hard amd you should learn many things including emotional stuff which most traders fail to do. Reading articles or book is just a 30% of learning. The real training is by experiencing it on a real world. Try putting some small.amount at first for one to two months then start when you are ready.

Sanitough

hero member

Activity: 2856

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Quote from: mersal on April 28, 2019, 06:30:24 AM

Quote from: luckycoinn on June 22, 2018, 10:56:43 PM

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn

my opinion is if you want to be a professional trader you need to take some some knowledge about what we can do and what we cannot do while trading especially if you are a trader you need to sacrifice some things in your life then only you will definitely go with this field for a long period of time.

To become a professional trader, it's not only basic knowledge that is needed, skills is also important because you are facing big risk in making money here. You can only call yourself professional if you are really into and your fully understand it and you can make a living by trading.

mersal

member

Activity: 1204

Merit: 38

Quote from: luckycoinn on June 22, 2018, 10:56:43 PM

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn

my opinion is if you want to be a professional trader you need to take some some knowledge about what we can do and what we cannot do while trading especially if you are a trader you need to sacrifice some things in your life then only you will definitely go with this field for a long period of time.

Dr.Osh

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Quote from: hungsanh2512 on April 28, 2019, 03:57:52 AM

The most important thing is knowledge and experience in the crypto market. Besides, you must be able to identify and observe the strategy from time to time to make informed decisions to reduce losses in trading.

of course price development. the most important thing in a trade is to benefit from the price of the assets we sell. sometimes people just do it according to their emotions. however, professional traders trade by doing a lot of research first.

Gaff

hero member

Activity: 924

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Quote from: hungsanh2512 on April 28, 2019, 03:57:52 AM

The most important thing is knowledge and experience in the crypto market. Besides, you must be able to identify and observe the strategy from time to time to make informed decisions to reduce losses in trading.

Don't afraid to have losses in trading, that's our lesson to learn for the times of failures. Getting enough experience cannot guarantee us to become professional trader, but what's more important is you knew how to handle trading in different ways. A successful traders should experience gains and loss, so better be brave rather than avoiding possible circumstances.

hungsanh2512

full member

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The most important thing is knowledge and experience in the crypto market. Besides, you must be able to identify and observe the strategy from time to time to make informed decisions to reduce losses in trading.

zee11225

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Quote from: Sinone on March 09, 2019, 07:46:21 PM

I think you have to be patient in trading if you want to be a professional trader. You need to be very active to research about the coins chart, market movements, buy and sell wall! You have to start trading first with a low amount, then after doing trade gradually, you will know how the trade works. I appreciate that you want to learn first, so read sources and be practiced!

To become a professional trader must be able to analyze the price of certain coins, for example bitcoin, where the trend is in the next few days because it will become a benchmark of execution so that profits can be achieved.
Of course to be able to analyze the truth there must be a benchmark, for example understanding about the regulation of the world financial market on bitcoin policy, understanding the opinions of credible experts, participating in bitcoin forums that contain input from traders, etc. which will be summarized in one individual and intelligent policy so that the results are close to the truth.

Polar91

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Filipino Translator 🇵🇭

Creating a demo account could be a good step in becoming professional trader. Though, trading with live account feels different. In this way, you'll be able use indicators, stop loss, and other tools very well without losing your real money. However, when you decided to start trading with your live account you'll need to learn more as that's your real battle in making profit.

Sinone

member

Activity: 597

Merit: 10

I think you have to be patient in trading if you want to be a professional trader. You need to be very active to research about the coins chart, market movements, buy and sell wall! You have to start trading first with a low amount, then after doing trade gradually, you will know how the trade works. I appreciate that you want to learn first, so read sources and be practiced!

juperos

member

Activity: 459

Merit: 10

Quote from: luckycoinn on June 22, 2018, 10:56:43 PM

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn

In my opinion, to become a professional trader, you need time and experience. First, learn the basics for trading. You need to understand graphs, psychological analysis, stoploss commands. Most importantly, you need to have your own financial strategy. Once you understand them, experiment with small deals first and experience.

sedahan13

member

Activity: 462

Merit: 10

Just jump in to live trading by use small amount first so you will know how trading going on. Many newbies trader loss much money because they dont have any risk management, so we should be use stop loss for all trade because price action of crypto unpredictable and all our prediction will never right all the times, so we have to cut the loss immediately whenever we are doing wrong trade.

karungbitcoin

full member

Activity: 588

Merit: 100

Firstly should be have knowledge about technical analysis, and after that knowledge of risk management. But others more important thing is how to manage natural emotion in trading, like greedy, FOMO and others emotional because alot of trader who has knowledge about TA and risk management but they can not handle that natural emotional, and finally they loss much money.

shadow.bishop

jr. member

Activity: 105

Merit: 5

Here is my suggestion to become profesional trader
1.Research; before investment you should check the market cap, daily volume, differences between sell and buy order, graphics, roadmap and especially news.
2.Patience; when you invest coin price can decrease, if you believe in coin that you invest, will not sell without gain profit, patience is the key of the wealth
3.Sell in the right time; if you want to make daily trade, this can be app understand from graphics, but one of eyes should be on top of the news, otherwise you can miss great profit, because some news affect to nice pump
Finally i want to say; you didnt gain money easily so dont forget it during the make trading

tanxpresisit514

newbie

Activity: 75

Merit: 0

Quote from: xvacator on October 10, 2018, 02:48:20 AM

You need to learn many things about trading and not just the analysis, but you also need to learn about controlling the emotion on the market. By watching the market, this can attract you to become panic, and you need to stay calm so you can think about the solutions. It requires an effort to get the experience, but in the future, you can be a professional trader if you can master this.

To become a professional trader there is no choice but to study and practice. Fail and try again, until you find a suitable system to implement, because everyone has different characteristics, and emotional management is very influential in trading. Being a professional trader does not mean that every day you have to make a profit, but in total in one month profit is as much as you want.

tailwate07

full member

Activity: 368

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Quote from: msk19 on October 08, 2018, 09:28:44 AM

The most effective way is to be trained by a more experienced trader. Such training will cost money, but it will give the result.

Being a professional trader we have experience of crypto world and not only limited to a single coin or currency but a professional trader has a grasp over all time trading. Now in current situations professional traders will hold all their coins and will not going to sell for small profit that is of short-term with small profit but professional traders are looking for huge profit that is why they always get profit.

mornabo

hero member

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Quote from: upsidedown75 on October 13, 2018, 03:09:27 AM

Quote from: monster2 on October 07, 2018, 12:02:19 PM

You need to study one by one the main steps in trading and picking some good coins control the price and to become a professional trader in the future.

Initially you need to be careful about investing any amount. Normally you might need up to six months to master any area of interest you intend to step in to and this helps a lot in future as you start investing.

To become a prefect trader, you need to have perfect market information and decision making power guided completely by market. This practice will make you a good trader and perfection further depends on the extra ability that could be put into the trading which makes the difference.

You're right, you have to practice and try mate, if you just learn and study about theory you will not make you an expert but an experience that teaches you more, how to overcome a problem and be able to avoid the same mistakes, and the lessons learned from practice and trying

fauzan Ichsan

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Quote from: upsidedown75 on October 13, 2018, 03:09:27 AM

Quote from: monster2 on October 07, 2018, 12:02:19 PM

You need to study one by one the main steps in trading and picking some good coins control the price and to become a professional trader in the future.

Initially you need to be careful about investing any amount. Normally you might need up to six months to master any area of interest you intend to step in to and this helps a lot in future as you start investing.

To become a prefect trader, you need to have perfect market information and decision making power guided completely by market. This practice will make you a good trader and perfection further depends on the extra ability that could be put into the trading which makes the difference.

right, but length of study remains dependent on each individual. of course technique and considering the news that occurs is the subject for making decisions, and it must be done continuously, until finally we know characteristics of the market

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: monster2 on October 07, 2018, 12:02:19 PM

You need to study one by one the main steps in trading and picking some good coins control the price and to become a professional trader in the future.

Initially you need to be careful about investing any amount. Normally you might need up to six months to master any area of interest you intend to step in to and this helps a lot in future as you start investing.

To become a prefect trader, you need to have perfect market information and decision making power guided completely by market. This practice will make you a good trader and perfection further depends on the extra ability that could be put into the trading which makes the difference.

Opnsrc

hero member

Activity: 1064

Merit: 500

Quote from: KesoNie on September 12, 2018, 08:39:00 AM

Quote from: lushlife on September 12, 2018, 02:46:49 AM

Now that I started trading for quite some time, I can tell learning/understanding
technical analysis is very important, or should I say an essential in order to understand
the movement of the market.

It is indeed what a trader should be in mind and should be learn more about because before you can make any moves on trading your knowledge and your learning on how to deal with it is very accountable. That's why you should learn it aside from knowing and learning the basic principle of trading crypto.

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