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Author Topic: The Best Time to Become a Trader  (Read 28891 times)
Wipro
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December 27, 2016, 06:25:59 PM
 #201

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.

Exactly if we have enough investment with us. Even we could start trading but the skills is the matter for this because we need to good in trading to get the profit among trading whales.
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December 27, 2016, 07:56:42 PM
 #202

Before You can start trading, you have to analysis current market trends.
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December 27, 2016, 09:32:03 PM
 #203

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 
I think sometimes young blood can lead to hurried and hence horrible decisions like they hear the hype about a particular coins and get excited but later they give loss because of that hurried decision. Therefore I personally suggest anyone to try trading once you have settled in your life or at least are 18 years of age, if not 25 at least.
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December 27, 2016, 10:46:26 PM
 #204

I think that you can become a trader any time. Just be sure to not keep your coins into an exchange and put them into some form of wallet(preferably hardware, plastic, and desktop wallets since online wallets can be hacked or scam.)
I am totally agree with that. It's never too late to start to trade. Just you need to be sure that it's what you wish and believe in yourself.
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December 28, 2016, 09:03:32 AM
 #205

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 
I think sometimes young blood can lead to hurried and hence horrible decisions like they hear the hype about a particular coins and get excited but later they give loss because of that hurried decision. Therefore I personally suggest anyone to try trading once you have settled in your life or at least are 18 years of age, if not 25 at least.
I liked your point that a person have to start trading once he is settled in his life and he will have extra money for to invest in trading as in trade in the early stage people lose more often as in the start he do not know that what is a best strategy and which asset is good for to invest in.
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December 28, 2016, 09:12:02 AM
 #206

If you want to become a trader then you need learn before trading anything, in trading you need to be very active to make profits on your investment. I think there is no specific time if you have ability that you can definitely successful with your knowledge and now it is the right to start trading.


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Sled
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December 28, 2016, 01:13:25 PM
 #207

If you want to become a trader then you need learn before trading anything, in trading you need to be very active to make profits on your investment. I think there is no specific time if you have ability that you can definitely successful with your knowledge and now it is the right to start trading.
Yes, Before you try trading you need to learn the basics of trading and remembering the saying 'buy low sell high'.
In trading there are two kind of trader (the common ones) these are SHORT and LONG term traders. If you are into long term trading then you don't need to be active because you just do some research for a few hours and after you made a conclusion then you can execute your investment and after that you just need to wait for the price to be high or reach your satisfaction so you can sell your assets while in short term trading then that is where you need to be active because most of them do day trading which needs an active trader to earn good amount of profits.
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December 28, 2016, 04:49:14 PM
 #208

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 
I think sometimes young blood can lead to hurried and hence horrible decisions like they hear the hype about a particular coins and get excited but later they give loss because of that hurried decision. Therefore I personally suggest anyone to try trading once you have settled in your life or at least are 18 years of age, if not 25 at least.
that is why experience is too much important in trading, because if you have good experience in trading then you will be mature and can take good decision in trading which is too much important in trading.
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December 28, 2016, 08:20:46 PM
 #209

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 guess age doesn't matter if someone wants to become a trader. Though sometimes the market makes a trader successful for example like the price of bitcoins is high right now and you start trading then maybe the market goes down and you wonder whether the decision was right or wrong ? 

Actually it was not a wrong or bad decision, just that it was a wrong timed decision and needs patience to earn even with it because the price will rise again surely.
streazight
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December 28, 2016, 09:11:57 PM
 #210

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.

Exactly if we have enough investment with us. Even we could start trading but the skills is the matter for this because we need to good in trading to get the profit among trading whales.
Big investment is not necessary but good experience and skill is necessary for becoming a good trader, If you have good experience and trading skill then you can even make a good money from little investment, and if you have no experience in trading then you cannot make money investing even a big amount.
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December 29, 2016, 09:07:24 AM
 #211

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.
Yes, since you are new here and it is good that you got the basics right but you know what is the biggest problem is ? It is actually finding the cheapest price of coin and then the maximum price. Sometimes even the owners cannot determine the pump and dump of a coin against some big investors.
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December 29, 2016, 10:30:36 AM
 #212

If you want to become a trader then you need learn before trading anything, in trading you need to be very active to make profits on your investment. I think there is no specific time if you have ability that you can definitely successful with your knowledge and now it is the right to start trading.
And the most important is the experience, courage and speculation. If we don't there is speculation of course we will take decisions slowly. Learning without practice is a waste of time, so I suggest to keep trying and practice so that we can take the right decision for get profit.
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December 29, 2016, 12:19:16 PM
 #213

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.
Yes, since you are new here and it is good that you got the basics right but you know what is the biggest problem is ? It is actually finding the cheapest price of coin and then the maximum price. Sometimes even the owners cannot determine the pump and dump of a coin against some big investors.
That is right, Know the basics first so you will have a great foundation in your trading experience because even though it is just a basic knowledge it is one of the foundation to be a great trader. Pump and dump of a coin can possible determine by reading updates for that particular coin example is the bitcoin then also studying the trading history and also understanding the candlestick that may show pattern which can help you to gain profit or determine if the coin will dump or pump.
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December 30, 2016, 09:39:25 PM
 #214

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 
I think sometimes young blood can lead to hurried and hence horrible decisions like they hear the hype about a particular coins and get excited but later they give loss because of that hurried decision. Therefore I personally suggest anyone to try trading once you have settled in your life or at least are 18 years of age, if not 25 at least.
that is why experience is too much important in trading, because if you have good experience in trading then you will be mature and can take good decision in trading which is too much important in trading.
Experience alone is not that important to get a good profit, you could have just started trading and you are making a much investment, it all depends on how much money you invest and the strategy, if you are planning on investing on the long term or the short term, trading depends much on luck then experience and that is my personal opinion.
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January 01, 2017, 06:45:33 AM
 #215

As far as I know even new are a newbie or not you/we can be a trader anytime we want actually, but of course we the other's opinion to get some tips of idea in trading exchange exchange platform so that we may not easily get a victim by the coin scammer.
That's why trading has no restriction as it's not a job where only qualified are allowed to work, in trading it's pretty simple as the requirement is only to have money to start trading, you can start then but it's good to be ready when you start so your chance of being successful is good.
But starting to invest money in any platform is best once you have tested your actions and knowledge in the demo mode, that is why when you see forex trading and others you would see they always give you a demo account opportunity to test yourself.
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January 01, 2017, 08:52:28 AM
 #216

Before You can start trading, you have to analysis current market trends.

and before you make the analysis, its better you learn about trading so you can have knowledge before start trading because without learn of trading and how to make analysis, you can not make a good profit and you only spend your money for nothing.

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January 01, 2017, 09:21:06 AM
 #217

As far as I know even new are a newbie or not you/we can be a trader anytime we want actually, but of course we the other's opinion to get some tips of idea in trading exchange exchange platform so that we may not easily get a victim by the coin scammer.
That's why trading has no restriction as it's not a job where only qualified are allowed to work, in trading it's pretty simple as the requirement is only to have money to start trading, you can start then but it's good to be ready when you start so your chance of being successful is good.
But starting to invest money in any platform is best once you have tested your actions and knowledge in the demo mode, that is why when you see forex trading and others you would see they always give you a demo account opportunity to test yourself.

the problem with a demo account for testing is that you are not affecting the market whereas in real life trading every trade that you make (assuming you are not trading with $10 Cheesy) affects the market and how price moves and this is actually very noticeable in altcoin market that it has a smaller market, you can put up a wall as small as 1BTC and change the direction of 70% of the altcoins out there.

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January 01, 2017, 10:11:19 AM
 #218

Its best to start trading when the price of bitcoins is low because it will then rise while if you start trading when price is high then it might go down too.
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January 02, 2017, 10:12:17 AM
 #219

Its best to start trading when the price of bitcoins is low because it will then rise while if you start trading when price is high then it might go down too.
Not certainly, the definition of low and high is trading is base on our evaluation of the current market. We have different interpretation on how the price will rise of course, so if you feel the current price is still has more room to grow then it's always a good timing to buy.

Never doubt your skills and follow others blindly, success does not happen overnight but one thing I can say it choose the best asset which is bitcoin.

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January 02, 2017, 10:27:30 AM
 #220

Before You can start trading, you have to analysis current market trends.

and before you make the analysis, its better you learn about trading so you can have knowledge before start trading because without learn of trading and how to make analysis, you can not make a good profit and you only spend your money for nothing.
And after we learn about trading and related trading ( analysis, management of money and risk, making rules of time exit and entry market).
We must learn about control of emotions are like patience, discipline and other attitude that give positive support for making good profit from trading.
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