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Author Topic: The Best Time to Become a Trader  (Read 28835 times)
roadbits
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May 15, 2017, 04:38:01 PM
 #361

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.

Yes. We need to start with a small capital that is not terrible to lose, but also to ensure that the funds remain. Before you start, you need to learn the most important principles of trade.
Actually, there are some platforms that allow you virtual trading, where you can test you knowledge and your skill in trading without spending any dime just so you can get your feet wet in the market, and I found this really helpful especially for those who have no skill in it, because it guides you through the basics of trading, and prevents you from doing bad decisions that otherwise will prove to be a costly lose in the real market.
i do not think that virtual trading can help you so much. you need to have real involvement in trading and only then you can get some good experience in trading. because in virtual trading you do not have any worry about losing your money and therefore you may not be giving proper attention toward t. but if you will invest even a little amount of money in trading then you will certainly show great interest there and will tray to invest your money in such places where you have more chances of making money. therefore it is too much important to take active part in trading, if you want to get some experience.
What you said it is perfectly right, if we do virtual trading we can not show interest on that because if we lose also no problem, we will not lose our money. So when you invested your money, then you will show more interest because that is your money and if you lose means it is a loss for you. So try to spend small amount and learn to trade. Real experience is the best lesson for anything to learn.
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May 15, 2017, 11:11:00 PM
 #362

For trading purposes there isnt a better neither a worse moment, if you have some coins and wanna to try well give your shot on the last months altcoins as well bitcoins had changed a lot, my advice would be to avoid now bitcoin and focus into altcoins that are quite atractive.
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May 16, 2017, 04:15:38 AM
 #363

I'm not knowledgeable yet about in trading, but everything in trading was started all to basic stage of learning.
Aside from that, in this industry for you to become a trader you must be prepare and know what tools you are going to use
if your in the actual form of trading.
Being prepared is one of the things that a starter need to remember because if the person that want to become trader is didn't prepared very well then his trading performance will be not that good and more often lead to loss of trades and money. Anytime is the best time to become trader but it always depend on the person preparedness.
I agree, it depends on the person itself, the best time to be a trader is when you feel that you are ready and prepared to enter the world of trading. that means you are willing to learn more about it and ready to invest your money whatever the outcome and even its risky. as a newbie its fine to make mistake because from that mistakes you will learn how to be a good trader.
Mistakes are okay for a newbie because that will serve as a source of them to be prepared in trading because mistakes means lesson and lessons will give you a lot of knowledge so there is no worries if newbies get mistakes or even us, average traders always get mistakes but it is alright because we can still make money if we just continue trading and make those mistakes as a lesson or basis when trading.

Making mistakes people get experience. The main thing is that the error does not deprive the person of all money and the desire to continue trading. You always need to be prepared for a mistake. And you can start trading without knowledge. They will appear later, in the process of trade
You can not actually initiate trading if you know nothing about it. You must atleast have knowledge regarding that so that you wouldnt be able too much mistakes.
Yes knowledge is the best thing to look for before doing anything because it will help you to become successful on something. Trading is not an easy game that like the betting or gambling that you just need to put money then you can make, that is not how the trading works because it doesn't just need money, it also need information and knowledge so you can be the best version of trader for yourself.
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May 16, 2017, 09:37:11 PM
 #364

For trading purposes there isnt a better neither a worse moment, if you have some coins and wanna to try well give your shot on the last months altcoins as well bitcoins had changed a lot, my advice would be to avoid now bitcoin and focus into altcoins that are quite atractive.
Your advice is not worthy for him because Bitcoin price is going very well and Bitcoin is a more stronger currency that any other crypto currency than why not invest in bitcoin. If we will invest in Bitcoin then we will not fear from the bad to.e as Bitcoin is already entered in a golden age.
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June 27, 2017, 08:41:14 AM
 #365

“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)


The best time to trade is anytime as long as you have the fund needed,  enough knowledge about trading,  enough guts to expect losses and enough emotional stability.  You dont need to wait to be very expert in trading before starting to trade since you cannot master it without practice. Little by little,  youll be able to learn more about it.  Never be afraid to take risk but also,  never be very confident to underate it,  single false move could cost you everything. Trading is fun but hard. 
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June 27, 2017, 09:33:12 AM
 #366

The best time to trade is when you have sufficient funds to take part in trading activities. Importantly a good backing, because the market situation won't be able to predict perfectly. It varies from time to time, so at times we may don't get the profit that we have estimated or gets a loss. To overcome the loss or to minimize it the backingcan be used to invest on the coin that's in pumping.

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June 27, 2017, 09:42:16 AM
 #367

I don't think there's a specific time when one can become a trader. I think anytime is a good time to get started if the person is willing to put in the efforts. I myself became an active trader not too long ago. All I did was do a lot of research and it has been paying off ever since.
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July 18, 2017, 11:35:33 AM
 #368

I think the best time to become a trader is now.we really didnt need a  couple of year to become a trader.it is only need a marketing experience,gambling experiences etc.trading is such a kind of dealing a different kind of people.you really need to know how to handle in different kind of emotion.just be it.and be happy what is you are doing and gain learning on it.and become a great successful trader someday.
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July 18, 2017, 02:02:41 PM
 #369

I don't think there's a specific time when one can become a trader. I think anytime is a good time to get started if the person is willing to put in the efforts. I myself became an active trader not too long ago. All I did was do a lot of research and it has been paying off ever since.
That's true, as long as you have decided to try your journey being a trading and you have the capital to start you can do it immediate. It's best here trading crypto currencies because you can start with a small amount without even worrying because if you will not sell it because you are in the losing position if you do, you can still keep it for long term investment.

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July 18, 2017, 03:25:18 PM
 #370

We can really start into  trading anytime  as much as we want as long we are knowledgeable with this field and  you already have idea because  if you  just rush into this thing without  proper knowledge then for sure  you would  lose your money. Being a  trader is  not easy at all especially we are  battling against price movements of  a certain coin or currency but  the hardworks  on making   positive trading  would  really make  you decent money.
In trading you could actually start whenever the time you have specific knowledge about it. Because you need basic and prior knowledge for you to have right decision on trading. The best way is to have a source of bitcoin like applying on a signature campaign them used your income as a capital for your chosen tradings so that you could earn and educate yourself at the same time.

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July 18, 2017, 11:18:27 PM
 #371

We can really start into  trading anytime  as much as we want as long we are knowledgeable with this field and  you already have idea because  if you  just rush into this thing without  proper knowledge then for sure  you would  lose your money. Being a  trader is  not easy at all especially we are  battling against price movements of  a certain coin or currency but  the hardworks  on making   positive trading  would  really make  you decent money.
In trading you could actually start whenever the time you have specific knowledge about it. Because you need basic and prior knowledge for you to have right decision on trading. The best way is to have a source of bitcoin like applying on a signature campaign them used your income as a capital for your chosen tradings so that you could earn and educate yourself at the same time.

That's right and there are also many videos on youtube that will give you an exact idea of how trading works and once you feel that you can handle the trade well you can start trading but it will be good that in beginning you start with a small capital and over a period of time you can increase it step by step.

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July 19, 2017, 06:00:06 AM
 #372

I don't think there's a specific time when one can become a trader. I think anytime is a good time to get started if the person is willing to put in the efforts. I myself became an active trader not too long ago. All I did was do a lot of research and it has been paying off ever since.
That's true, as long as you have decided to try your journey being a trading and you have the capital to start you can do it immediate. It's best here trading crypto currencies because you can start with a small amount without even worrying because if you will not sell it because you are in the losing position if you do, you can still keep it for long term investment.
Even very small capital is the requirement for entering into crypto trading, our knowledge should be in maximum level so that we can sustain in trading by profit making. If we enter only with some capital and not with enough knowledge on strategies and indicators of trading methods then we might need more number of minimum capital to restart our trading many times in future.

I mean to say if we focus on just getting some capital and entering into trading then we cannot crack profits here. In my opinion capital is not a big thing to get start with trading but our knowledge.
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July 19, 2017, 06:17:43 AM
 #373

I don't think there's a specific time when one can become a trader. I think anytime is a good time to get started if the person is willing to put in the efforts. I myself became an active trader not too long ago. All I did was do a lot of research and it has been paying off ever since.
That's true, as long as you have decided to try your journey being a trading and you have the capital to start you can do it immediate. It's best here trading crypto currencies because you can start with a small amount without even worrying because if you will not sell it because you are in the losing position if you do, you can still keep it for long term investment.
Even very small capital is the requirement for entering into crypto trading, our knowledge should be in maximum level so that we can sustain in trading by profit making. If we enter only with some capital and not with enough knowledge on strategies and indicators of trading methods then we might need more number of minimum capital to restart our trading many times in future.

I mean to say if we focus on just getting some capital and entering into trading then we cannot crack profits here. In my opinion capital is not a big thing to get start with trading but our knowledge.
knowledge is the most important thing as you have mentioned the crypto trading don't requires a huge capital but it's requirement is a bit different, beside having capital to invest knowledge of market is must.
I will suggest to not directly jump in to trading but firstly go through a testing round.
Note the currencies value and work on the forecast roughly and then make a comparative statement of the actual prices, market cap and of your predictions. When you are confirmed with this practice that your predictions are accurate or close to the real time then it's the time for you to trade.
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July 19, 2017, 10:46:27 PM
 #374

I believe the day you have the good knowledge about trading currency or crypto currency that is the best time to start trading. So many people who lose in trading most of them are  responsible for the lost, In other words they are co-Authors of their own misfortune. Is either they are not following there own trading strategies and money management rule. So get the knowledge first before before of when to start trading currency or crypto currency.
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July 19, 2017, 11:18:16 PM
 #375

I believe the day you have the good knowledge about trading currency or crypto currency that is the best time to start trading. So many people who lose in trading most of them are  responsible for the lost, In other words they are co-Authors of their own misfortune. Is either they are not following there own trading strategies and money management rule. So get the knowledge first before before of when to start trading currency or crypto currency.
If you want to become a good trader you must have a lot of knowledge about the trading world. If you have a a lot of knowledge gou can use different techniques to become a good trader. You can earn big profit by having a lot of knowledge.

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July 19, 2017, 11:59:05 PM
 #376

I believe the day you have the good knowledge about trading currency or crypto currency that is the best time to start trading. So many people who lose in trading most of them are  responsible for the lost, In other words they are co-Authors of their own misfortune. Is either they are not following there own trading strategies and money management rule. So get the knowledge first before before of when to start trading currency or crypto currency.
If you want to become a good trader you must have a lot of knowledge about the trading world. If you have a a lot of knowledge gou can use different techniques to become a good trader. You can earn big profit by having a lot of knowledge.
invest with knowledge to become more successful though experience really teach us the most but knowledge will bring us more success, trading is a big world
ahead and those who understand it properly will have a big edge to those who doesn't so much prefer to take some time and assess yourself before moving
in and place your entry.
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July 20, 2017, 07:03:16 AM
 #377

I believe the day you have the good knowledge about trading currency or crypto currency that is the best time to start trading. So many people who lose in trading most of them are  responsible for the lost, In other words they are co-Authors of their own misfortune. Is either they are not following there own trading strategies and money management rule. So get the knowledge first before before of when to start trading currency or crypto currency.
If you want to become a good trader you must have a lot of knowledge about the trading world. If you have a a lot of knowledge gou can use different techniques to become a good trader. You can earn big profit by having a lot of knowledge.
invest with knowledge to become more successful though experience really teach us the most but knowledge will bring us more success, trading is a big world
ahead and those who understand it properly will have a big edge to those who doesn't so much prefer to take some time and assess yourself before moving
in and place your entry.
For sure as a trader you experience a lot of failure and success along the way but what is important to you is your ultimate goal which
is to be successful and you will have to continue educating yourself because trading is a journey, a long journey.

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July 20, 2017, 07:11:42 AM
 #378

Trading is a high risk venture and like other work of life that op has given example of to help shape our minds about trading are all risk venture. We should not deny the fact that to actually make something worthwhile you must take risk either to your finances or to your life.
Viyamore
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July 20, 2017, 07:31:15 AM
 #379

Trading is a high risk venture and like other work of life that op has given example of to help shape our minds about trading are all risk venture. We should not deny the fact that to actually make something worthwhile you must take risk either to your finances or to your life.
Risking your life or to your life is not trading at a .You don't need to risk your life in trading it is about money , internet and alternative coins .It is not the best time if you are thinking for your life and it should be on right mindset before starting to trade.


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renes
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July 20, 2017, 07:37:21 AM
 #380

Now is the one of the best time for trading but trading is really risky and so can be profitable, if you do your best in the market now, you can reap a big profit.
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