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Author Topic: The Best Time to Become a Trader  (Read 28889 times)
Idrisu
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December 24, 2016, 08:42:05 AM
 #181

The best time is if you have the capital investment, you know the basic, the do's / don't and that's all about it. You're on your way of becoming well seasoned trader.
depend on the type of trade the op is talking about. Buy a particular coin such as bitcoin, you we need to study price action. You should always buy at a lowest price possible and sell at a highest price possible.
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December 24, 2016, 01:04:21 PM
 #182

The best time is if you have the capital investment, you know the basic, the do's / don't and that's all about it. You're on your way of becoming well seasoned trader.
depend on the type of trade the op is talking about. Buy a particular coin such as bitcoin, you we need to study price action. You should always buy at a lowest price possible and sell at a highest price possible.
But platform based a steady must be less than 20% of our skill development for a better trading and the remaining 80% must the same across any type of trading.

To trade bitcoin we must have some in-depth knowledge about its price swing patterns. But that alone will not get you the best time to trade, a strong skill on price predicting capability must decide the best time to be trader.

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December 24, 2016, 06:47:28 PM
 #183

The best time to become a trader is you should do it as early as possible. But be sure that you know the basic

stuffs and precautions to help you adapt yourself in it. It is not necessary to read a bunch of books or articles but

you can certainly get knowledge on it. I can say that it will help you but in trading practical knowledge or your

experience is the one that really counts.

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December 24, 2016, 07:41:26 PM
 #184

I don't understand with polo, why nxc added to polo? And the price is never goin up..
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December 25, 2016, 10:31:11 AM
 #185

Anytime can be the best time to become a trader because trading doesn't need a specific time to jump on because it is always up to you when do you want to adopt that kind of field. If you are truly willing to become a trader then you can start later,tomorrow or next week or next month or even next year because you are the one who are in control of your time. Just a few tips, If you are a newbie on trading then start a small capital and also read some topics here on our forum to gain some ideas on trading and don't forget to apply it to your self and don't forget to have a lot of patience Roll Eyes.
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December 25, 2016, 11:35:35 AM
 #186

“Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town -- the international financial markets. So my interest shifted from playing cards to playing the markets.” - James Frazer

Someone in a West African country - a young man - had exhausted all means of getting a reliable livelihood, including hard manual labor. He resorted to commercial motorcycle riding. At least, he was able to get some money to feed his family.

One day, he’d a near fatal accident, and got confined to bed for weeks. I thought he’d never go back to commercial bike riding. I was wrong! Since he thought he’d no alternative, he went back to that job.

The young man went back to a job that nearly claimed his life because he’d no alternative; yet many quit trading because they lost negligible amount of money. People suffer ignominious defeat in other areas of their life and careers, and they don’t see any big deal in that. Nonetheless, they see a big deal in trading losses and they think there are better alternatives.

There are many people who tried to discourage me from trading when I started. These were people who were considered intelligent and successful in other fields, like religion, education, politics, etc.

For example, one respected religious man told me that he didn’t want to become a trader because he knew those who wanted to make heaven shouldn’t trade. What a totally wrong opinion about trading? That statement could discourage ignorant people from attaining their potential as traders. The man later sent me a personal email, asking me to remove him from my mailing list because he wasn’t a “businessman,” and he wasn’t interested in trading. I quickly removed him from my mailing list. He later blocked me on Facebook because he didn’t want to see some of my posts, which obviously related to trading. 

I wasn’t deterred by his actions, for I knew his actions were also lined with envy. I knew he wasn’t the one to feed me or carry my responsibilities for me. He’d his own responsibilities and he’d even be glad if someone like me offered him some cash.

Years later, the same man was surprised that I’m still a trader, with a measure of success. I even sent him some money recently. He was grateful for the gift. 

When Should You Become a Trader?
Now is the time for you to decide to become a trader. You chances of success are greater than you can imagine.

How can this be possible? I’ll reveal the secrets in my coming articles.

Most people come to trading as a last resort: When they’re completely down, when they’ve nothing to rely on and they’ve exhausted other possibilities. This is a wrong time to become a trader, since the financial pressure on you would make it impossible to trader with sane logic and rationality. 

It’s better for you to become a trader when you’ve another sources of income. When you know that some initial challenges you encounter wouldn’t endanger your wellbeing (and perhaps, that of your family).

When you’re supported by your family, your life as a trader would become easier. Joe Ross, a trading veteran, once said his wife suggested that he write down what he knew about trading so that his children could learn in the event they ever wanted to take up trading. What he wrote at that time became his first book. Joe Ross clearly had support from his family. What a blessing!

Don’t Give Up Trying to Become a Successful Trader
Several years ago, when I encountered initial challenges in trading, I was tempted to give up. However, I was lucky to come across some things that encouraged me to keep on going. I knew I’d no better alternatives than trading. Now I’m happy to be a trader. I can only look forward to a brighter future.

Trading success is sweet, liberating and enriching. There are numerous known and unknown traders all over the world, who make decent profits on monthly and annual basis. They won’t exchange this wonderful privilege for anything! By not giving up trying to become a successful trader, you’ll soon experience the joy of financial freedom that comes with trading.

Conclusion: Many a good trader has survived the point at which chicken-hearted people quit, and has been rewarded. If we also imitate such determined traders, we’d survive whatever the hurdles we come across and we’ll enjoy rewards greater than what people think we can enjoy.

This article is ended with the quote below:

“Roald Amundsen says: Adventure is merely bad planning. I have talked about Amundsen before and focused in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies.  Much the same could be said about traders and trading/. If you are find trading an adventure or it is exciting/stressful then you are most likely doing it incorrectly.” – Chris Tate (Source: Tradinggame.com.au)

According to Me the Best Time For a Person to Start Trading is When He Have Enough Knowledge and Experience in Trading because If he/she Don't Have Knowledge in Trading then the Chances of Losses in Trading is Much More As Compare to the Situation When the Person having Knowledge in trading.
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December 25, 2016, 11:52:54 AM
 #187

“Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town -- the international financial markets. So my interest shifted from playing cards to playing the markets.” - James Frazer

Someone in a West African country - a young man - had exhausted all means of getting a reliable livelihood, including hard manual labor. He resorted to commercial motorcycle riding. At least, he was able to get some money to feed his family.

One day, he’d a near fatal accident, and got confined to bed for weeks. I thought he’d never go back to commercial bike riding. I was wrong! Since he thought he’d no alternative, he went back to that job.

The young man went back to a job that nearly claimed his life because he’d no alternative; yet many quit trading because they lost negligible amount of money. People suffer ignominious defeat in other areas of their life and careers, and they don’t see any big deal in that. Nonetheless, they see a big deal in trading losses and they think there are better alternatives.

There are many people who tried to discourage me from trading when I started. These were people who were considered intelligent and successful in other fields, like religion, education, politics, etc.

For example, one respected religious man told me that he didn’t want to become a trader because he knew those who wanted to make heaven shouldn’t trade. What a totally wrong opinion about trading? That statement could discourage ignorant people from attaining their potential as traders. The man later sent me a personal email, asking me to remove him from my mailing list because he wasn’t a “businessman,” and he wasn’t interested in trading. I quickly removed him from my mailing list. He later blocked me on Facebook because he didn’t want to see some of my posts, which obviously related to trading. 

I wasn’t deterred by his actions, for I knew his actions were also lined with envy. I knew he wasn’t the one to feed me or carry my responsibilities for me. He’d his own responsibilities and he’d even be glad if someone like me offered him some cash.

Years later, the same man was surprised that I’m still a trader, with a measure of success. I even sent him some money recently. He was grateful for the gift. 

When Should You Become a Trader?
Now is the time for you to decide to become a trader. You chances of success are greater than you can imagine.

How can this be possible? I’ll reveal the secrets in my coming articles.

Most people come to trading as a last resort: When they’re completely down, when they’ve nothing to rely on and they’ve exhausted other possibilities. This is a wrong time to become a trader, since the financial pressure on you would make it impossible to trader with sane logic and rationality. 

It’s better for you to become a trader when you’ve another sources of income. When you know that some initial challenges you encounter wouldn’t endanger your wellbeing (and perhaps, that of your family).

When you’re supported by your family, your life as a trader would become easier. Joe Ross, a trading veteran, once said his wife suggested that he write down what he knew about trading so that his children could learn in the event they ever wanted to take up trading. What he wrote at that time became his first book. Joe Ross clearly had support from his family. What a blessing!

Don’t Give Up Trying to Become a Successful Trader
Several years ago, when I encountered initial challenges in trading, I was tempted to give up. However, I was lucky to come across some things that encouraged me to keep on going. I knew I’d no better alternatives than trading. Now I’m happy to be a trader. I can only look forward to a brighter future.

Trading success is sweet, liberating and enriching. There are numerous known and unknown traders all over the world, who make decent profits on monthly and annual basis. They won’t exchange this wonderful privilege for anything! By not giving up trying to become a successful trader, you’ll soon experience the joy of financial freedom that comes with trading.

Conclusion: Many a good trader has survived the point at which chicken-hearted people quit, and has been rewarded. If we also imitate such determined traders, we’d survive whatever the hurdles we come across and we’ll enjoy rewards greater than what people think we can enjoy.

This article is ended with the quote below:

“Roald Amundsen says: Adventure is merely bad planning. I have talked about Amundsen before and focused in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies.  Much the same could be said about traders and trading/. If you are find trading an adventure or it is exciting/stressful then you are most likely doing it incorrectly.” – Chris Tate (Source: Tradinggame.com.au)

According to Me the Best Time For a Person to Start Trading is When He Have Enough Knowledge and Experience in Trading because If he/she Don't Have Knowledge in Trading then the Chances of Losses in Trading is Much More As Compare to the Situation When the Person having Knowledge in trading.
Yeah thats right , enough knowledge is needed in order to be successful on trading and Experience will take a part when you trade for a long time. ITs normal to lose some bitcoin when you just start to trade altcoins on exchanges.

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December 26, 2016, 04:57:09 AM
 #188

I don't think there is really a best time to become a trader, anyone and anytime can do so, if you have the capital then shoot.
If you are teenager why not if you have the guts then go. The important in trading is you have to be hands on, you should know the trend, start in small so you could know what and which coin is good at present.
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December 26, 2016, 05:20:46 AM
 #189

I don't think there is really a best time to become a trader, anyone and anytime can do so, if you have the capital then shoot.
If you are teenager why not if you have the guts then go. The important in trading is you have to be hands on, you should know the trend, start in small so you could know what and which coin is good at present.
I agree for that! Yeah there is no such time it is the trader. If you money or funds then go! The most important is you have first the knowledge of trading. Many people ask me how to trade so I said to them that invest a small money first to know how it works and pretty works very fine when I teach them how to trade Smiley 
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December 26, 2016, 06:33:12 AM
 #190

I don't think there is really a best time to become a trader, anyone and anytime can do so, if you have the capital then shoot.
If you are teenager why not if you have the guts then go. The important in trading is you have to be hands on, you should know the trend, start in small so you could know what and which coin is good at present.
I agree for that! Yeah there is no such time it is the trader. If you money or funds then go! The most important is you have first the knowledge of trading. Many people ask me how to trade so I said to them that invest a small money first to know how it works and pretty works very fine when I teach them how to trade Smiley 

What you are giving advice of trading is very good in that you can add that patience is the main key of success in trading, and do split trading in buying and selling like dont go for full bankroll in one shot buying or selling because if the price goes down then you should be in position to buy more on low rates and when the rate jump you should be in profit very soon.

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December 26, 2016, 09:21:55 AM
 #191

I don't think there is really a best time to become a trader, anyone and anytime can do so, if you have the capital then shoot.
If you are teenager why not if you have the guts then go. The important in trading is you have to be hands on, you should know the trend, start in small so you could know what and which coin is good at present.
I agree for that! Yeah there is no such time it is the trader. If you money or funds then go! The most important is you have first the knowledge of trading. Many people ask me how to trade so I said to them that invest a small money first to know how it works and pretty works very fine when I teach them how to trade Smiley 

What you are giving advice of trading is very good in that you can add that patience is the main key of success in trading, and do split trading in buying and selling like dont go for full bankroll in one shot buying or selling because if the price goes down then you should be in position to buy more on low rates and when the rate jump you should be in profit very soon.
That is right. Patience is one of the best requirement if you want to be a trader whether it is bitcoin or altcoin. It always up to you which field do you want to test but don't ever forget to have a lot of patience because if you don't have that kind of characteristic then you will become greedy trader and soon you will loss all your profits.

I also agree to split your capital because you can have the chance of getting back up from the loss of your earlier investment because you have savings. Also, Don't put all your capital in one coin because that is a very risky move because if the price of that coin will goes down you will end up waiting and wasting the other opportunities that given by the other coins.
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December 26, 2016, 09:01:06 PM
 #192

I don't think there is really a best time to become a trader, anyone and anytime can do so, if you have the capital then shoot.
If you are teenager why not if you have the guts then go. The important in trading is you have to be hands on, you should know the trend, start in small so you could know what and which coin is good at present.
I believe the teen age is not the right time to enter into trading. With respect to age restrictions of my country teenagers are not allowed neither trade nor gambling. We must need to complete 21 years to start trading.

So, basically the best time for us may come only after 21 years and more importantly only after learning the basics of secured trading.
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December 27, 2016, 12:56:26 AM
 #193

Stick to some rules and you will do fine

Earn THOUSANDS OF DOLLARS a month trading FOREX. https://bitcointalk.org/index.php?topic=1664883.0
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December 27, 2016, 01:13:04 AM
 #194

I don't know if that beautiful text is about your personal experience, but I totally agree that persistence is an essential key to succeed in trading, even when we can't see a promissory future during our first attempts to become a trader.

I also joined to trading without experience or previous knowledge, but after two years of continuous losses, blowing more than 50 real accounts and when I was about to give up, I started to reap the first fruits of my efforts, patience and persistence, and nowadays I have been able to make a living from trading.
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December 27, 2016, 04:28:00 AM
 #195

I don't know if that beautiful text is about your personal experience, but I totally agree that persistence is an essential key to succeed in trading, even when we can't see a promissory future during our first attempts to become a trader.

I also joined to trading without experience or previous knowledge, but after two years of continuous losses, blowing more than 50 real accounts and when I was about to give up, I started to reap the first fruits of my efforts, patience and persistence, and nowadays I have been able to make a living from trading.
Money loss in trading is just a part of learning process on which we should think that those amounts are the fees on learning trading so that we wont be stressed out on thinking of that money.Trading is really a hard thing to learn because it would really takes time and persistence in able to sustain in the long run.Same as yours i do experience those times that i was able to quit because i saw im not effective on this industry but my hopes and determination really pushes me to learn.

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December 27, 2016, 05:18:50 AM
 #196

The best time to be a trader is the time that you are completely decided to engage into it because if you just jump in because someone have told you to do so then you will eventually fail in the start of this field.If you are willing to be a trader then we should really study and learn the things about trading and we should have a good money management and patience.

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December 27, 2016, 02:04:47 PM
 #197

The best time to be a trader is the time that you are completely decided to engage into it because if you just jump in because someone have told you to do so then you will eventually fail in the start of this field.If you are willing to be a trader then we should really study and learn the things about trading and we should have a good money management and patience.
Yeah, It is like going on a war, Don't go to the war if you are not well trained soldier because you might just killed in the field or end up surrendering to the enemies Grin. That is like trading, If you are a well trained trader and you study a lot and study the basics then you can win most of your battles on market because you are prepared for the scenarios that may happen when you are trading.
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December 27, 2016, 04:40:53 PM
 #198

I don't understand with polo, why nxc added to polo? And the price is never goin up..
They usually add coins with some personal adjustment or discussions like they added zcash when even 99% of the population didn't knew about it while some of the best coins suffer to get listed there.
I think its pretty bad from a reputed exchange like poloniex to do things like that and the only exchange I trust for now is bittrex and earlier that spot was for cryptsy but they turned scam.
dmamigo
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December 27, 2016, 04:50:59 PM
 #199

Nothing such as right time in trading exist I believe, Right timing and usage of knowledge is all that mostly depends on profit/loss. Also too much greed can be some serious issue in trading. And ofcourse when you will be having some money available to trade also matters.
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December 27, 2016, 04:52:32 PM
 #200

I don't think there is really a best time to become a trader, anyone and anytime can do so, if you have the capital then shoot.
If you are teenager why not if you have the guts then go. The important in trading is you have to be hands on, you should know the trend, start in small so you could know what and which coin is good at present.
I agree for that! Yeah there is no such time it is the trader. If you money or funds then go! The most important is you have first the knowledge of trading. Many people ask me how to trade so I said to them that invest a small money first to know how it works and pretty works very fine when I teach them how to trade Smiley 
Anytime can be trader if they want to become trader then they need to read those advantages and disadvantage of trading , there are big opportunity in trading to be honest im just 18 years old and start trading since i needed money. If your initial capital is enough for your to trade why not to try grab the small chance and make it big when your on the spot.

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