khalifa25
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Activity: 242
Merit: 10
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January 19, 2018, 03:22:34 AM |
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For me first you need to learn what make price go up and down. Second, you need to follow worlds happening, because that will have impact on price also.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Darknight31
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January 19, 2018, 04:40:52 AM |
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Actually there are many ways to improve your trading skills and it depends on where you are comfortable with too, like me I am a visual learner so I look for ways for me to understand things when I literally see how it works and youtube has helped me a lot when it comes to that. Next thing is know what kind of trading you want, are you going for short term trading or long term? And this does not work overnight so you really have to be patient when it comes to trading.
To be able to improve doing things you have to practice well and to gain knowledge about it. If you wanna improve your trading you have the internet to research about it, or watch tutorials at youtube, search info at google. And if you ever know someone good at trading you could ask advice. Just be patient and make effort for you to improve.
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RealPhotoshoper
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Activity: 1050
Merit: 1001
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January 19, 2018, 04:50:19 AM |
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Learn why you get lost, psychological, time and everything you need to analyze. Most traders, experiencing losses due to haste factor or careless in making decisions.
Mostly failed get profit because of the greedy , people never feel enough. So i think to always set a realistic target and do learn about bankroll management all the time could help you out. Also train yourself to control your emotion and then you might won't make a hurry decision anymore.
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gilangIDR
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Activity: 1526
Merit: 1001
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January 19, 2018, 05:00:34 AM |
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I think the best way to improve our skills in trading is to keep trying to trade, because then we will learn to take decisions so that our skills can increase. That is the best and easiest way I think, trading is different from other things, trading requires experience as a benchmark of knowledge that we have.
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dark08
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January 19, 2018, 05:10:20 AM |
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I think the best way to improve our skills in trading is to keep trying to trade, because then we will learn to take decisions so that our skills can increase. That is the best and easiest way I think, trading is different from other things, trading requires experience as a benchmark of knowledge that we have.
Keep trading have a high risk but sometimes it can give a lot of profit must better to start with a small amount then make familiar to trading industry how its work next thing you need to do its to read chart and keep updating in some news because news have a effect to altcoin that will you choose to trade last thing is dont be greedy its enought to earn 5 to 20% everyday.
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Pasnik
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January 19, 2018, 05:42:25 AM |
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To improve trading do trading daily to earned knowledge and experiences. When you do trading and experiences the bull and bear market in this way you will know how to have a decision making and determined to reach your goals. Once you are knowledgeable you can get to earned profit.
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MirandaGreen12
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Activity: 131
Merit: 16
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January 19, 2018, 05:45:37 AM |
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Whether you’re day trading stocks or you’re trading cryptocurrencies, most traders will lose money and give up within a year.
However, there are a small number of traders who can earn consistent profitability – even in markets as unpredictable and volatile as cryptocurrencies.
By keeping up-to-date on bitcoin trading strategies and continuously researching the best tips, you may be able to consistently earn a profit through bitcoin trading.
I advice you to check bitcoinwiki for further info
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SneakyRik
Newbie
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Activity: 72
Merit: 0
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January 19, 2018, 05:48:06 AM |
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For me, mistakes are normal and should be taken positively as opportunities for improvement. Experience is always the best teacher even in the trading industry.
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el kaka22
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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January 19, 2018, 11:56:40 AM |
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I suggest that you must learn all about trading first to avoid or reduce the risk of losing. With that I can say that you will improve. But by experiencing it is the the best way to improve because analizing what you did wrong and what you did correct is the best way to learn.
Effective learning and gaining as much amount of knowledge as you can related to that of trading is something which actually helps you in making better and wise decision at tough times. In addition to this, you can also seek guidance from the experts and can follow their footsteps. Watching the videos on YouTube etc. will also help you in learning more things which can then help you in becoming a successful trader. Continuous learning will be a key to keep improving in trading. When all the traders are into learning further to have more profits, we also need to learn without fail to stay competitive in one particular trading.
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kamote291993
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Activity: 140
Merit: 16
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January 19, 2018, 11:58:22 AM |
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keep reading, keep learning, and hands on, make small trade by yourself. just likes other things, you need to fail first, then you learn from your mistakes. you can also join some paid trading group, to learn technical analysis.
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davidroux
Sr. Member
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Activity: 625
Merit: 250
io.ezystayz.com
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January 19, 2018, 01:19:39 PM |
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i think, you should keep a cool head when you win or lose money, and foget how much money that you got or lost before you make the next trading decisions. when you fail, try to learn some lessons from your failure.
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rodelhomecillo
Newbie
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Activity: 76
Merit: 0
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January 19, 2018, 01:20:46 PM |
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control your emotion. learn about cadle, find good forum to dicuss and don't be greedy.
There are many personal experience that you have to earn from loss in trading. So after all loss isn't that bad . Is it ?
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chipzeru
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Activity: 686
Merit: 39
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January 19, 2018, 01:52:59 PM |
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Altcoins' price is not easily predicted. My friend who has been trading for a year still can't predict the price precisely. I'm not an expert trader but based on my experience, first you have to be able to control your emotions. Stop being impatience and greedy. Seriously if you are impatience person then trading is not for you. Secondly, enrich your experience by do daytrading more often and learn about bullish and bearish. It improves your ability to take decision. The last is never trade more than you can afford to lose.
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xCryptoManiaX
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January 19, 2018, 02:57:48 PM |
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There are a lot of helpful websites regarding trading out there. There are also youtube video that can get you started, all you need to do is to google it.
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Manchumichael
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January 19, 2018, 03:15:37 PM |
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Altcoins' price is not easily predicted. My friend who has been trading for a year still can't predict the price precisely. I'm not an expert trader but based on my experience, first you have to be able to control your emotions. Stop being impatience and greedy. Seriously if you are impatience person then trading is not for you. Secondly, enrich your experience by do daytrading more often and learn about bullish and bearish. It improves your ability to take decision. The last is never trade more than you can afford to lose.
Price prediction is a tough job, you can just guess based on the price movement in the market, but exactly I think no one can guess. I am also doing trading from past one year, but still i am not perfect, i will buy a long term coins by seeing their white paper and to make short term profit I will buy coins based on the recent price chart. And you are right you must have control on your emotions especially when you will do day trading.
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Joriecoinbit
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January 19, 2018, 03:40:47 PM Last edit: January 23, 2018, 02:33:02 AM by Joriecoinbit |
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Altcoins' price is not easily predicted. My friend who has been trading for a year still can't predict the price precisely. I'm not an expert trader but based on my experience, first you have to be able to control your emotions. Stop being impatience and greedy. Seriously if you are impatience person then trading is not for you. Secondly, enrich your experience by do daytrading more often and learn about bullish and bearish. It improves your ability to take decision. The last is never trade more than you can afford to lose.
You're right mate. We should be responsible enough in every step we made, so that we can minimize losses in the day trading. Actually, it is a normal that having a mistake in our first trading experience. But we should keep in mind and learn from our mistakes that we had done before. Like what you have said patience is the most important thing to make a successful trader.
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logicgate
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January 19, 2018, 07:02:09 PM |
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A strategy may seem simple on the surface, but even a simple strategy is hard to implement in live market conditions. Every day, every trend, every pullback is slightly different; nothing looks exactly the same as it did in the textbook examples. To get proficient at implementing a method, practice it, a lot. Trade it in a demo account until you consistently see profit from it.
There are number of things which you need to learn even before getting into crypto world especially when you are planning of going for trading of any of the crypto coin amongst all the coins which are there. The first thing which you need to do is to practice controlling of your nerves so that you may be able to make right decision at tough times. You can learn more by watching videos and seeking guidance from the experts.
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atjiat
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January 19, 2018, 09:27:47 PM |
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A strategy may seem simple on the surface, but even a simple strategy is hard to implement in live market conditions. Every day, every trend, every pullback is slightly different; nothing looks exactly the same as it did in the textbook examples. To get proficient at implementing a method, practice it, a lot. Trade it in a demo account until you consistently see profit from it.
, these questions are asked only by beginners to use someone else's strategy. I think that a person who already has practical skills, understands how to act in this or that situation.
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denisaardelean
Member
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Activity: 322
Merit: 10
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January 19, 2018, 09:59:24 PM |
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A strategy may seem simple on the surface, but even a simple strategy is hard to implement in live market conditions. Every day, every trend, every pullback is slightly different; nothing looks exactly the same as it did in the textbook examples. To get proficient at implementing a method, practice it, a lot. Trade it in a demo account until you consistently see profit from it.
I often learn more about the knowledge and experience of good entrepreneurs, they bring me more knowledge that I do not know. I often spend a lot of time watching the market to grasp the dynamics of it. The cryptocurrency market is not easy for investors without knowledge, so be careful when making investment decisions.
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Paycoinzzz
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January 19, 2018, 11:06:26 PM |
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A strategy may seem simple on the surface, but even a simple strategy is hard to implement in live market conditions. Every day, every trend, every pullback is slightly different; nothing looks exactly the same as it did in the textbook examples. To get proficient at implementing a method, practice it, a lot. Trade it in a demo account until you consistently see profit from it.
There are number of things which you need to learn even before getting into crypto world especially when you are planning of going for trading of any of the crypto coin amongst all the coins which are there. The first thing which you need to do is to practice controlling of your nerves so that you may be able to make right decision at tough times. You can learn more by watching videos and seeking guidance from the experts. In my opinion, everything is simply, you just need to find the reason affect your emotion and decision. Of course, as far as I know, the price and the percent profit/loss are the most reason make the trader be panic.
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