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Author Topic: The Best Time to Become a Trader  (Read 28835 times)
senyorito123
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November 14, 2016, 09:11:17 AM
 #161

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


Sell in low? Buy in high? Thats ridiculous you cannot earn with that doing and you are actually throwing your money if you do that, i think your post is typo error since your thoughs are not really acceptable on tradings,

And in trading we cannot really say that all we need to do is only to buy low and sell high it needd more counter patience and guts since if you don't have that  thing surely you will lose some money and oppurtunity to gain some profits.


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susila_bai
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November 14, 2016, 09:15:22 AM
 #162

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


I totally agree that most of the traders are not trading patiently they just want immediate profit and if they see small loss they just close the trade. Then they shout trading is waste
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November 14, 2016, 10:42:28 AM
 #163

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


I totally agree that most of the traders are not trading patiently they just want immediate profit and if they see small loss they just close the trade. Then they shout trading is waste

Exactly, trading is about patience and nerve. If you are panicky, then recommend you never try trading at all. Only those people who are never influenced by any FUD propaganda and/or huge fluctuation in prices and a steel-strong nerve are the ones who survive trading and make money from it.

R


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DoublerHunter
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November 14, 2016, 03:53:38 PM
 #164

In my opinion, the best time to become a trader is when the market falls off and the price of the different coins are negative and that is one of the best chance to buy a lot of coins and get a chance to earn high profits in the future if you have patience and you choose the right coin to invest in. Just like bitcoin, a few months ago the bitcoin is just 500$ and now the price is $650+. So my point is, become a trader or risk taker when others are afraid to trade when the market starts falling because after a months or even years the market will recover its loss and they will start to climb up high and give you great profits.
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November 14, 2016, 06:41:13 PM
 #165

In my opinion, the best time to become a trader is when the market falls off and the price of the different coins are negative and that is one of the best chance to buy a lot of coins and get a chance to earn high profits in the future if you have patience and you choose the right coin to invest in. Just like bitcoin, a few months ago the bitcoin is just 500$ and now the price is $650+. So my point is, become a trader or risk taker when others are afraid to trade when the market starts falling because after a months or even years the market will recover its loss and they will start to climb up high and give you great profits.

It can always go lower dude. That's like trying to win a guessing game. The thing is, you can't guess the bottom everytime.

Still though, somewhat i agree with you. But not on bitcoin trading. Bitcoin market is too shallow to make that kind of predictions.

I follow this method on Gold trading. To me the bottom is 1000$for gold. Maayybe 9xx$, but it is very unlikely.

When it comes to make the same guesses for bitcoin, ah. No idea. It can go to 1000$, or go back to 400$ in a few hours.

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November 14, 2016, 06:58:27 PM
 #166

In my opinion, the best time to become a trader is when the market falls off and the price of the different coins are negative and that is one of the best chance to buy a lot of coins and get a chance to earn high profits in the future if you have patience and you choose the right coin to invest in. Just like bitcoin, a few months ago the bitcoin is just 500$ and now the price is $650+. So my point is, become a trader or risk taker when others are afraid to trade when the market starts falling because after a months or even years the market will recover its loss and they will start to climb up high and give you great profits.

It can always go lower dude. That's like trying to win a guessing game. The thing is, you can't guess the bottom everytime.

Still though, somewhat i agree with you. But not on bitcoin trading. Bitcoin market is too shallow to make that kind of predictions.

I follow this method on Gold trading. To me the bottom is 1000$for gold. Maayybe 9xx$, but it is very unlikely.

When it comes to make the same guesses for bitcoin, ah. No idea. It can go to 1000$, or go back to 400$ in a few hours.

I still favor and continue my practical and easy style of trading. Buy when certain coins are bullish and set a target price and a loss support. The guy I followed actually buys when the market is bullish and sell when market is likely or already a bit bearish. I must say that trading here in crypto world is more difficult. Most likely because most coins aren't really being used that much so the demand is not really as high. Lots are being pumped and dumped though good crypto traders are good in joyriding the flows of the waves. Recently I am trying to use ICOs as some sort of advantage due to high bonuses.
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November 14, 2016, 07:03:56 PM
 #167

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.

My suggestion would be anyone can become trader at the point they prefer to do but only in trail accounts.

Yes, you are still a trader but with absolutely zero risk. This way we can trade and learn and can have fun too.

This is a good suggestion.  People will learn how to trade and at the same time having fun.  They can also try sparkprofit, a prediction game where you are to predict the trend of certain pairs.  Aside from grasping the basic of trading, they will be able to get credits when the trend they predicted is correct and can encash that credit.
I know that apps in my phone before i tried sparkprofit i was newbie about trading and how to analyse the prediction before i can not make any good points there.. but it is good way to learn how to predict and study the way how to trade..
maybe this apps will be still useful if you are newbie. for now i am trading in some exchange site and it gives me good profit even it takes a long time to make profit..
It is way better to do your own analysis than to rely on someone else's analysis on the markets since you will gain experience and you will get to understand the markets a lot better this way.
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November 14, 2016, 07:43:30 PM
 #168

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


I totally agree that most of the traders are not trading patiently they just want immediate profit and if they see small loss they just close the trade. Then they shout trading is waste

yes and we should control ourself to not get panic when we see the price is down and wait for a moment before we make cutloss or maybe we need to make second order buy to cover the price. beside that, only you that can decide when you want to become a trader and you should understand about the all thing that might be happen in future while you are trading.

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November 15, 2016, 03:56:09 AM
 #169

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


I totally agree that most of the traders are not trading patiently they just want immediate profit and if they see small loss they just close the trade. Then they shout trading is waste

yes and we should control ourself to not get panic when we see the price is down and wait for a moment before we make cutloss or maybe we need to make second order buy to cover the price. beside that, only you that can decide when you want to become a trader and you should understand about the all thing that might be happen in future while you are trading.
I would say if you do panic easy, you are not an experience trader yet. You need more practice, newbie hate panics but professional traders loves it because they will be able to buy cheap price of bitcoin or any assets they are trading.

R


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November 15, 2016, 09:14:49 PM
 #170

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
Smiley It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.

As basic as it sounds, buying low and selling high, is not all said and done. The market have proven to have a mind of its own, so unless a trader fully understands what the market is about, a low can always be lower and a high can always be higher. The market can be some mine of surprises and the traders that are not well rooted in knowledge and experience usually get burnt.
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November 15, 2016, 10:15:36 PM
 #171

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
Start investing small amounts, when you're gaining experience, it's something that can help prevent major losses. But the important thing is to always be up to date with the market changes, trying to identify the events that can have a significant impact on the price of Bitcoin.
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November 15, 2016, 11:32:24 PM
 #172

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in high and buy in low. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


Sell in low? Buy in high? Thats ridiculous you cannot earn with that doing and you are actually throwing your money if you do that, i think your post is typo error since your thoughs are not really acceptable on tradings,

And in trading we cannot really say that all we need to do is only to buy low and sell high it needd more counter patience and guts since if you don't have that  thing surely you will lose some money and oppurtunity to gain some profits.
Surely, I get some typo and thanks.

I'd say if that is just a basic thing. If we need to consider about the other factor than it.
You've taken the one like patience. it may include the nature factor from the people itself.

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November 16, 2016, 06:47:37 AM
 #173

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
Start investing small amounts, when you're gaining experience, it's something that can help prevent major losses. But the important thing is to always be up to date with the market changes, trying to identify the events that can have a significant impact on the price of Bitcoin.

Many time, I read that kind of threads and also many members replied a same answer also including me.
But you both are right, always use a small amount especially in that field, where you can see a high risk and no experience about it. I think always use small amount even you are experienced man, because too much risk is here in trading, and if you miss a one chance to making money in trading, than its mean you get lose and wait again the chance come when your coins get a high price. 

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November 16, 2016, 01:05:07 PM
 #174

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
Start investing small amounts, when you're gaining experience, it's something that can help prevent major losses. But the important thing is to always be up to date with the market changes, trying to identify the events that can have a significant impact on the price of Bitcoin.

Many time, I read that kind of threads and also many members replied a same answer also including me.
But you both are right, always use a small amount especially in that field, where you can see a high risk and no experience about it. I think always use small amount even you are experienced man, because too much risk is here in trading, and if you miss a one chance to making money in trading, than its mean you get lose and wait again the chance come when your coins get a high price. 
The amount you use is based on your capacity, if you have tried enough and you are convince that you can make good prediction or your a good trader then I guess it's just right to invest a decent amount of money in trading so you will also get a substantial amount of profit.
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November 16, 2016, 01:09:13 PM
 #175

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
Start investing small amounts, when you're gaining experience, it's something that can help prevent major losses. But the important thing is to always be up to date with the market changes, trying to identify the events that can have a significant impact on the price of Bitcoin.

Many time, I read that kind of threads and also many members replied a same answer also including me.
But you both are right, always use a small amount especially in that field, where you can see a high risk and no experience about it. I think always use small amount even you are experienced man, because too much risk is here in trading, and if you miss a one chance to making money in trading, than its mean you get lose and wait again the chance come when your coins get a high price. 
The amount you use is based on your capacity, if you have tried enough and you are convince that you can make good prediction or your a good trader then I guess it's just right to invest a decent amount of money in trading so you will also get a substantial amount of profit.

You are right. But what if when he try for small amount he just got lucky on prediction and on second try with high amount bad luck hits him. I think it is better to know first what will gonna be the result and user must accept no matter what the result. In that case he is ready to trade huge amount


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November 20, 2016, 07:09:03 PM
 #176

First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.

yes that is a fact that if you have sound knowledge about the particular item in which you are going to do trading and if you have some good previous experience of trading and good skill of trading then it is good time for you for trading.
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November 26, 2016, 09:45:43 PM
 #177

The best time to become a trader is when the individual has a broad knowledge of the market, knowing the fundamentals of it, and at the same time having focus to be aware of the main events occurring in the market. This is something that requires effort... I believe that the best trades needed years of preparation and experience to achieve exceptional results.
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November 26, 2016, 11:16:32 PM
 #178

The best time to become a trader is when the individual has a broad knowledge of the market, knowing the fundamentals of it, and at the same time having focus to be aware of the main events occurring in the market. This is something that requires effort... I believe that the best trades needed years of preparation and experience to achieve exceptional results.

Yes indeed. Before starting to trade you need to have a background research all about trading. It is very tricky and if you don't know how it works, it will make your money gradually decrease due to wrong decisions. So, it is best to trade if you are fully knowned about the movement of the price of a certain coin and you have the proper techniques and discipline that a pro trader has.
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November 27, 2016, 09:09:05 AM
 #179

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.
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November 27, 2016, 11:40:09 AM
 #180

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.

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