Topic: What should I learn to be a professional trader? - page 5. (Read 2140 times)
for me,I think theres no shortcut in becoming a orofessional trader, you need experience mentaly and emotionaly to achieve your goal in cryoto trading. You can also join trading classes and seminars to enhance your trading skills, judgement and analysis.
To learn technical analysis, there are alot of tutorial in google and youtube, and to learn price pattern and candlestick pattern is better and more accurate for open potition than indicator. But actually the most important thing to make profit in trading is we should be have good psychology how to manage emotional.
That's right good judgement, and know how to be emotionless can bring much better results, trading have a lots of factors to identify sometimes you can assess basing with the trend and most of the time you use indicators to help you analyze well and have a better positions, in this market you have got astrong principle and knowledge base from your capability to adjust with any circumstances.
In business, you are good at 6/10 times. You will never be right to 9/10 times. If you feel that the price is too high and risky, it usually will price higher, if the price is low and cheap, it will go down. . Reputation takes 20 years to build and 5 minutes to ruin. If you think about it, you will do otherwise. In investment, the easier it is, the less profitable. I always think about losing money rather than making money. Do not focus on making money, focus on protecting what you have. If you personalize the losses, you will not be able to trade. The key to successful trading is emotional discipline. . If intelligence is the core, there will be a lot of people making money out of the deal ... I know this will sound cliche, but the only important reason for people to lose money on financial markets is that they do not cut hole right. If you catch up with the ideas I've outlined above, you will definitely succeed
To learn technical analysis, there are alot of tutorial in google and youtube, and to learn price pattern and candlestick pattern is better and more accurate for open potition than indicator. But actually the most important thing to make profit in trading is we should be have good psychology how to manage emotional.
accustomed to long-term methods and being able to actively use scalping methods for multiple coins will make your experience increase, professional traders are relative, but the most important is achieving daily profits and mastering indicators and being able to read the analysis very well.
The most valuable of all, is able to withstand the losses suffered and even become better at applying the profit allocation of at least 1-3% per day.
The most valuable of all, is able to withstand the losses suffered and even become better at applying the profit allocation of at least 1-3% per day.
You don't need a articles right now. Start with a good literature. The lists a lot different , you need to take those books which a coincide. Only to have a base, it is worth looking at someone's decisions. Other way, they can mislead you.
In my opinion articles can't help you to become a good trader, only experience and a good portion of courage can improve you abilities in this sphere.
My opinion. For this, first of all, you need discipline, and then you need to first study the technical analysis
I think, to be a professional trader, you have to learn a lot and find information about the right trading, and of course with lots of experience, you will understand and be professional
To become a professional trader, you should learn to cultivate a lot of knowledge, and interact with the market many of you will have more experience, so in my opinion you should learn and do
Just an addition to that, You don't just be satisfied if you have learned today but to dig deeper and find best strategy for best result. We need to word it hard cause we can't acquire those knowledge in just a single day but it takes months to accomplish it. And then, learn from those mistakes that you have encountered in the day to day transactions.
Experience comes from practice. So, practice a lot doing TA and price predictions on random charts from the past, without cheating and looking in the future.
Then find out how many times you are wrong, find out why you are wrong, learn how to do this right... Practice again, until you become better and eventually become profitable.
You can read a lot of books, watch video's, all great but there's nothing better than just doing it. If you're going to trade with real money, don't invest a lot to "test" different strategies.. you will get REKT.
And beware, like said by many others before, in a bull market everyone is a genius.
Then find out how many times you are wrong, find out why you are wrong, learn how to do this right... Practice again, until you become better and eventually become profitable.
You can read a lot of books, watch video's, all great but there's nothing better than just doing it. If you're going to trade with real money, don't invest a lot to "test" different strategies.. you will get REKT.
And beware, like said by many others before, in a bull market everyone is a genius.
To be a professional trader, it entails a lot of learning and practice over the years. You can start with materials ike babypips.com and also, you can use the YouTube and watch a lot of videos pertaining technical analysis.
Think everything over. Weigh all pros and cons. Probably, you will decide that trading is not for you if you are not yet ready for some losses. Professionalism comes with the years.
As @SecretsOfCrypto said (he's retared already): "One should become an expert in all aspects of crypto". Not only TA, but FA, mining and others too.
This is hard to say because if you become a professional trader you have to learn from experience and you have to study harder and more often, so I think you try to do as many people as you can. share.
Right - professionalism comes with the experience. The more you trade, the better you understand the business. You can even work out your personal trading strategy to earn more.
This is hard to say because if you become a professional trader you have to learn from experience and you have to study harder and more often, so I think you try to do as many people as you can. share.
Right - professionalism comes with the experience. The more you trade, the better you understand the business. You can even work out your personal trading strategy to earn more.
To become a professional trader, you should learn to cultivate a lot of knowledge, and interact with the market many of you will have more experience, so in my opinion you should learn and do
This is hard to say because if you become a professional trader you have to learn from experience and you have to study harder and more often, so I think you try to do as many people as you can. share.
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
You need to learn how to learn and also you need to learn how to get rid of your emotional plan on the time that you are in the action you need to learn also how to be patient for your profits. 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
If you want to achieve this goal, then you may need to spend a few years to learn, because the cryptocurrency market does not have mature traders (even if they work in some investment markets for many years), they are for the coin market beginner! You can only achieve this by accumulating experience over a long period of time!
On the Internet, a lot of useful information that is easy to find. To be a professional trader the main thing is to have money and feel the market.
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