Idrisu (OP)
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November 28, 2016, 06:54:39 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
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Cereberus
Legendary
Offline
Activity: 910
Merit: 1000
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November 28, 2016, 07:05:23 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
There are 2 kind of tradings. Online which is the most risky one and offline in which a trader usually makes profit. Here is an example: Online you are betting on a pair, on a single product price like commodities for the price to go up or down. In such environment usually most of the people lose. Offline, what I do with my local currency in my country. My local currency is EUR, and now is very weak compared to the USD. I don't do anything in such scenario. When the Euro is strong I buy USD with it and then wait for a time like this in order to buy the Euro back when dollar is stronger, resulting in increasing in the number of my Euros. I suggest to you and every one else physical trading over online trading.
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Deep In The Mines LLC
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November 28, 2016, 07:23:00 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
There are 2 kind of tradings. Online which is the most risky one and offline in which a trader usually makes profit. Here is an example: Online you are betting on a pair, on a single product price like commodities for the price to go up or down. In such environment usually most of the people lose. Offline, what I do with my local currency in my country. My local currency is EUR, and now is very weak compared to the USD. I don't do anything in such scenario. When the Euro is strong I buy USD with it and then wait for a time like this in order to buy the Euro back when dollar is stronger, resulting in increasing in the number of my Euros. I suggest to you and every one else physical trading over online trading. You realize that you can invest in Euro/USD while online, right? Unless I'm reading this wrong, if by offline you mean long-term buy when low and sell when high on your local currency, then yeah that's a pretty safe investment, althrough that could be said for a lot of other things including Bitcoin, regardless of how violatile it is, it still has been historically very profitable long-term wise.
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Deep In The Mines LLC Cryptocurrency miners, power supplies, breakout boards and accessories! Authorized Biostar and Silverstone Reseller.
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RFVenter
Newbie
Offline
Activity: 5
Merit: 0
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November 28, 2016, 07:56:27 PM |
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Hello everyone. There is a new Fund that invests in all of these crowdfunds: It's called the ICOFund and its worth looking at: https://rfventer.github.io/icofund.html
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JariKriting
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November 28, 2016, 08:40:29 PM |
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trading is professional job if you want to professional trader in characteristic, you must learn to soros soros is the best trader
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Theforextrader
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November 28, 2016, 08:48:28 PM |
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it's not that difficult to trade forex
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john2231
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November 28, 2016, 09:11:45 PM |
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Like other said trading is professional skill but you should start in basic knowledge about trading before you become professional you need to start in basic trading and discover some methods how to grow your capital in trading.. it is not easy to trade but if you can learn to analyze and some methods that you can make profit and learn and discover new methods to increase your profit..
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pooya87
Legendary
Offline
Activity: 3668
Merit: 11103
Crypto Swap Exchange
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November 29, 2016, 05:53:01 AM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
There are 2 kind of tradings. Online which is the most risky one and offline in which a trader usually makes profit. Here is an example: Online you are betting on a pair, on a single product price like commodities for the price to go up or down. In such environment usually most of the people lose. Offline, what I do with my local currency in my country. My local currency is EUR, and now is very weak compared to the USD. I don't do anything in such scenario. When the Euro is strong I buy USD with it and then wait for a time like this in order to buy the Euro back when dollar is stronger, resulting in increasing in the number of my Euros. I suggest to you and every one else physical trading over online trading. as it was said, you can do what you are explaining online too. and it has nothing to do with being offline or online for making successful trades. besides it seems to me like when you are using the term "betting on a pair" it shows you are not so familiar with trading. because trading has nothing to do with making a bet or buying something and profit if you are lucky and price of it goes up. instead you buy something (currency, commodity,....) when you analyze the market and make the conclusion based on observation that price is at its lowest and also when you do a risk assessment about the profit and loss that is possible to happen and then buy at the bottom to sell when the price went up. although this is a simple explanation but it is the whole idea of it which has nothing to do with betting and hoping price goes up.
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EdgarTheEdge
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November 29, 2016, 10:53:30 AM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
The most skillful trader is the insider trader, you can study 2000 books but trading is always a mystery, especially bitcoin trading
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zero1ten
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November 29, 2016, 11:59:38 AM |
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To be a skilled trader you have to endure a lot of losses first and learn from your experiences, but one advise that is always very effective in knowing where prices will go is watching out for news and latest economic calendars.
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MWesterweele
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November 29, 2016, 12:15:55 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
It is there are professional trader who can manipulate trading and coins to be decrease and increase. And most of skilled trader are good when they are pumping nor dumping the coins to get a profit their are some plans so they can earn high profit.
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Meettayo
Newbie
Offline
Activity: 27
Merit: 0
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November 29, 2016, 12:34:26 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
Every professional have different view on how will they deal with their tradings goals. If such cases that their own plan give them success they will stick into it and will enhanced it more. So same even with putting emotions or not. It will not dictate the overall trade after all since it's not predictable.
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~Bitcoin~
Legendary
Offline
Activity: 994
Merit: 1000
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November 29, 2016, 12:55:36 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
They don't trade with emotion but they try to learn the psychology of other traders. Elite traders don't look at doubling or tripling their bankroll, they used to set fix profit range per week/month and work according to it. Experience however plays big role in trading practices and skills, you can't be professional trader within few weeks or months.
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| ligma | | | | ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ ███ | | ███ ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ | | |
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xuan87
Legendary
Offline
Activity: 1666
Merit: 1001
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November 29, 2016, 01:37:29 PM |
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Professional trader know when to sell and know when to buy, it is the experience that sharpen their skills not some theory from book or internet, they can even make profit from the most difficult situation and for sure they didn't follow their emotion and they not blindly follows market trends
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traderethereum
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November 29, 2016, 02:18:50 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness.
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stomachgrowls
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November 29, 2016, 02:51:11 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness. Emotions is really a big problem with doing trades because it will affect you psychologically and if this will happen to you, you could not able to decide properly and might be derailed on your listed plans or methods that you should do thats why its really hard when you let your emotions overcome you when you are in the middle of a trade.
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Achargeturry78
Sr. Member
Offline
Activity: 630
Merit: 267
Just follow the rules
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November 29, 2016, 03:05:44 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
Skillful trader don't acutually needs advices or he just seeing the graph of the coins where it to drop or when it increase they stocking lot's of altcoins (alternative coins) to earn more than they know. Emotion is really big problem also in trading if you are just a newbie in this industry then your about to scared loosing money.
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Idrisu (OP)
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November 29, 2016, 04:11:29 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness. Emotions is really a big problem with doing trades because it will affect you psychologically and if this will happen to you, you could not able to decide properly and might be derailed on your listed plans or methods that you should do thats why its really hard when you let your emotions overcome you when you are in the middle of a trade. you have said it all. Emotion is the major reasons many inexperienced traders loss in trade and you should also know that its still the same reason experience trader make alot of money from trading. You should know that five percent of trader make the money of the loss of the remaining of ninety five percent.
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katrimans
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November 29, 2016, 07:38:01 PM |
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Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
The professional and novice traders will be doing almost similar things but their plans and management will definitely differ. Only with experience a person may become professional trader not by just reading some books. So, good management and profitable trading tactics will be possible only through experience alone.
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outatime1
Sr. Member
Offline
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
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November 29, 2016, 11:34:42 PM |
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Yes you have to take the emotion out of it. You need to avoid panic selling or buying and set up a system for trading. I preset buy and sell orders and just let them clear when they reach that point.
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