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Author Topic: The Best Time to Become a Trader  (Read 28822 times)
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September 26, 2016, 08:45:51 AM
 #21

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.
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September 28, 2016, 08:39:55 AM
 #22

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.
Even if you are knowledgeable enough because you were able to read the information necessary to start trading, it is still advisable to start with a little amount because there is a big difference in the actual practice compared to what you just read base on the experience of other people.
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September 28, 2016, 11:57:13 AM
 #23

Best time to become one is asap, because more time you will spend trading, more knowledge you will get, so you will be able to earn profit sooner

 
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September 28, 2016, 12:05:03 PM
 #24

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.

It's really a good practice to start with a small amount since this is the first step in building a good trading experience. It's fine if a new trader lose in some of their trades at first since even good traders today still experiencing lose.

What really matters is, they must learn with those mistakes. If in the long run, winning percentage has really a terrible stats then people are not doing well after building trading experience. Better forget trading and do other things instead.

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September 28, 2016, 12:50:55 PM
 #25

Best time to become one is asap, because more time you will spend trading, more knowledge you will get, so you will be able to earn profit sooner
But the key here must be, you need to spend your initial time with trading for analysis and researches instead of playing with your real money.
If you have enough knowledge for developing your own strategy and how to make a trade profitable, then you could start trading in live account. So, almost every time is good time to become a trader in my opinion too.
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September 29, 2016, 06:57:53 AM
 #26

“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)


I don’t think there is such right time to do things and this applies to trading also. If someone has enough time and willingness to learn trading backed by ability to trade financially and emotionally then he can start trading at any time. A experienced trader can make profits when price is increasing and even in the case when the price is decreasing so according to me, experience matters the most rather than capital so to gain it, every time is right time.
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September 29, 2016, 07:07:37 AM
 #27

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.
Even if you are knowledgeable enough because you were able to read the information necessary to start trading, it is still advisable to start with a little amount because there is a big difference in the actual practice compared to what you just read base on the experience of other people.

Agree start with small amount of money so that you can now the rrading world. Knownhow it works how to do and earn with it because if you invest a lot then you dont know how then you loose a lot from.it. now is the best time to know trading dont waste your time and start earning
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September 29, 2016, 07:16:15 AM
 #28

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.
Even if you are knowledgeable enough because you were able to read the information necessary to start trading, it is still advisable to start with a little amount because there is a big difference in the actual practice compared to what you just read base on the experience of other people.

Agree start with small amount of money so that you can now the rrading world. Knownhow it works how to do and earn with it because if you invest a lot then you dont know how then you loose a lot from.it. now is the best time to know trading dont waste your time and start earning

Who wants to risk some big amount if people don't know much about trades? So obviously they will start first at small amount to test what trade really is.

Then as progress is building, add some trading funds so that they can participate in every large price movement.

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September 29, 2016, 08:00:36 AM
 #29

any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.
Even if you are knowledgeable enough because you were able to read the information necessary to start trading, it is still advisable to start with a little amount because there is a big difference in the actual practice compared to what you just read base on the experience of other people.

Agree start with small amount of money so that you can now the rrading world. Knownhow it works how to do and earn with it because if you invest a lot then you dont know how then you loose a lot from.it. now is the best time to know trading dont waste your time and start earning
studying and researching before starting the trade industry it is not and easy task its analyzing what can be happen in the next couple of hours or in the next day after you need to be fully equipped before trying or entering the trade industry.
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September 29, 2016, 08:17:22 AM
 #30

The best time to become a trader is right now.

After you learned the basics very well only practice and experience will make you a good trader.

Learn to read the charts, learn the most used indicators like volume, MACD, RSI etc.
Know your lines, trend, support, resistance, chanel, etc

And only put your money on coins that you have thoroughly researched.



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September 29, 2016, 08:54:51 AM
 #31

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.

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September 29, 2016, 02:59:23 PM
 #32

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.
trade bitcoin and forex i think its really" different
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September 29, 2016, 03:16:59 PM
 #33

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.
Yes they must have capital to be a trader if you first time to be a trader i sure you lose some of your money. You need to learn first how trading its work for you then learn how buy and sell after that begin to buy.
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September 29, 2016, 05:41:21 PM
 #34

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.

This is right bro. There is no time or any astrology to become a trader. If we have enough fund in Bitcoin and bank balance with the good interest and quite commanding power on Bitcoin trading technologies means you can start at any time.
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September 29, 2016, 06:15:09 PM
 #35

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.
Disagree.Let the experience and knowledge come with practicals rather than theory.This isn't a school subject to get the credits on,real time trades teach a lot over lousy web blogs about trading.I'd advice him to start with a small funds,get into the market and learn while you make the trades.Keep the goals straight priority.
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September 29, 2016, 06:40:24 PM
 #36

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.
Disagree.Let the experience and knowledge come with practicals rather than theory.This isn't a school subject to get the credits on,real time trades teach a lot over lousy web blogs about trading.I'd advice him to start with a small funds,get into the market and learn while you make the trades.Keep the goals straight priority.

It`s hard to trade without knowledge and skills, believe me, I have tried. Anyone can start anytime, with that I agree, but without knowledge where to look for information`s about some coin there is no profit in trading. Not just too look, he need to know how to separate good from bad information`s. That is the harder part, I was following people from twitter, from here, but sometimes I had some luck, more times they were wrong. Nobody can guarantee that some blog have truthful info or someone paid them to wrote there.
Trading is not for everyone. Good advice is for OP to try trading with some small funds, and to see for himself what is trading all about, good luck to him!



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lionheart78
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September 29, 2016, 07:32:51 PM
 #37

Well.. i think the best time to become a trader is right now, don't wait until you are retire from your job. Because becoming a successful trader needs time for learning strategy of trading until you get income from trading.

I agree the right time is always now, but you need to prepare to be a trader.  so you wanted to be a trader, act now to be one and start learning fundamentals of  tradings.  After learning the fundamental, try to play in the small market applying what you have learned. Then start  learning advance trading skill, since you have the basic experience and knowledge of trading.

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clickerz
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September 30, 2016, 06:47:03 AM
 #38

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.

I agree as you start trading you will need all this skills especially knowledge. As you are equip with this know how, you can earn more and minimized losses. But in investment, if you consider as one, the best time is always NOW! In any investment, timing is really important so is time. Time is ag good ally, and as times pass by, your investment grows be it  in funds, stocks, equities etc.

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September 30, 2016, 06:56:30 AM
 #39

the best time when you want to be a trader, you must prepare sufficient funds, knowledge, strategies and good analysis.

but actually you can become a trader at any time. but at least you have to master in advance and learned about trading.
Disagree.Let the experience and knowledge come with practicals rather than theory.This isn't a school subject to get the credits on,real time trades teach a lot over lousy web blogs about trading.I'd advice him to start with a small funds,get into the market and learn while you make the trades.Keep the goals straight priority.

It`s hard to trade without knowledge and skills, believe me, I have tried. Anyone can start anytime, with that I agree, but without knowledge where to look for information`s about some coin there is no profit in trading. Not just too look, he need to know how to separate good from bad information`s. That is the harder part, I was following people from twitter, from here, but sometimes I had some luck, more times they were wrong. Nobody can guarantee that some blog have truthful info or someone paid them to wrote there.
Trading is not for everyone. Good advice is for OP to try trading with some small funds, and to see for himself what is trading all about, good luck to him!

I say this because I myself have suffered multiple losses when in early trading. because I came without a strategy, sufficient funds and analysis. without it, true what you say. it is difficult to make a profit. indeed you can trade at any time. at least we have to learn to lose in the beginning, with a small capital.

Viyamore
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September 30, 2016, 09:48:52 AM
 #40

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).

Yeah that is a very bad time to become a trader not only you were financially ready also it is not enough . You've need to be emotional ,financial ,spiritual ready .

Another source of income is good for you to support if you are average trader ,but there are campaigns that can help you to earn small amount for you to trade with no expences coming from your wallet .
Family needs to be your priority first than to be a trader.


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