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Author Topic: how to become a TRADER  (Read 6225 times)
hritevanz
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December 09, 2017, 02:51:02 AM
 #261

I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
Just like you, I want to learn how to trade and become acquainted with the field of cryptocurrency trading. Since I am not expert about trading process, well I have read some article about "5 Easy Steps For Bitcoin Trading For Profit and Beginners" and this might help you too. Here's the link and hope you learned some strategies to become one. (https://www.weusecoins.com/bitcoin-trading/).

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Maddinson100
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December 09, 2017, 11:03:06 AM
 #262

If you want to be a best crpto currency trader you must know about basic knowledge with chart pattern. if you don't know and don't understand chart pattern you can't make huge money from trading. we show you a some tips that you can follow my tips, number one is we show you a website that is help for you https://www.babypips.com/learn/forex/japanese-candlesticks-cheat-sheet. if watch this site you can get a more information about trading. 
This is just one thing no one should ever leave out when it comes to trading. Trading is not just something you gamble your way in because you will definitely go the same way out when you realize you are losing a lot.

There is a lot of knowledge that is needed to be imbibed when it comes to trading in general and crypto trading is not exempted. If anyone fails to do this, then they should be ready to be good at failing.

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December 09, 2017, 11:32:09 AM
 #263

I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
Firstly you need to have the attitude of a skilled trader that doesn't panic on an altcoin that decreases and has the mindset of a positive individual. You need not to monitor each and every coin to profit you sometimes gamble from it. Trading is risky sometimes but you just have to accept the fact that sometimes things  doesnt  go well as planned. Thats why you need to control your patience and or feelings.

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December 09, 2017, 09:58:35 PM
 #264

There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.

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Vikingr
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December 09, 2017, 11:15:01 PM
 #265

I tried trading, but i always lose. Trading is hard. I watch youtube and gain knowledge. Most of the coin is pumping because of hype then suddenly in colapse. Now i research before buying new coins in the market.
I think you have to learn more to become a successful trader as trading is not much harder but only you do not have knowledge and skills that is why you are losing your money and are not successful. If you will go to any institute for learning it then you will be at benefit to learn it.

Dobrodav
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December 09, 2017, 11:27:02 PM
 #266

haha, I think you should not only reading. The most important thing is that you have to practice. Prepare amount of money and practice frequently, you will improve your skills

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patriknilen
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December 10, 2017, 03:14:53 AM
 #267

To become a trader you need to have a background in financial knowledge and then a specialized knowledge of the market you join.
You need to understand technical analysis and basic analysis.
Then there is the accumulation of experience and starting small transactions
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December 10, 2017, 03:45:31 AM
 #268

To become expert trader you should be learn and understanding about technical and fundamental analysis, and to learn it not enough in one day but you have to learn it contoniously and patient until you really understand how does it work. Beside that should learn other thing like how to manage the risk and also learn about psychology of trading.

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December 10, 2017, 08:04:44 AM
 #269

To become expert trader you should be learn and understanding about technical and fundamental analysis, and to learn it not enough in one day but you have to learn it contoniously and patient until you really understand how does it work. Beside that should learn other thing like how to manage the risk and also learn about psychology of trading.
Initially it seems to me, you need to fully study the whole process of trading, to feel like a fish in the water. And only then it will be possible to pay attention to important aspects of this work.

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December 10, 2017, 08:51:53 AM
 #270

If you want to be a trader, you need to more knowledge about altcoin but if you no idea with trading you can watch babypis website and you can get help form here and your will be a trader so now you can check this website become a trader.

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December 10, 2017, 11:00:35 AM
 #271

There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.
Wow this is good guide for newbie. Do you have any specific document about "money management"? If yes then will help us a lots.

Jedie22
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December 12, 2017, 04:44:18 AM
 #272

I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.

You probably had a beginners luck! Congratulations! Keep practicing at small amount to trade to be familiarize with the flow of a coin. You must know that theres a risk. Not everyday will be your lucky day so also be prepared when your having a badguy. You have to control your emotions and always be patient

Wow, it's great that you earn that amount in trading. Well, being a trader is not easy you need to gather enough information in order to come up the decision that its a right time to trade that could have gaining enough profit. Also, you should be patience and wait the exact time if you trying to hold it the best as you can so that you can earn much more equivalent value the token that you hold in trading process. Having many tokens will have a good value in the future as time passes by to earn more money that will support our daily needs in life.

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December 12, 2017, 05:01:19 AM
 #273

There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.
Wow this is good guide for newbie. Do you have any specific document about "money management"? If yes then will help us a lots.

Yeah, he give us good suggestions for a newbie, but if you want any specific documents about money management, then you could search about it on online, it is not difficult thing for searching and managing. As a trader when you start trading then time by time you could handle your money and manage it.     

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December 12, 2017, 05:28:30 AM
 #274

Basically, to be a trader, you should have enough investments which is allocated only for trading. Also, consider this a hobby and not a full time work. To give you an idea, there are two kinds of trading:

1. BUY and HOLD --- Buy coins, continue to buy coins (compounding and accumulating) wait for the price to increase, which usually last for a long period of time, sell if you think you have gained enough profits

2. DAY TRADE --- Buy coins, monitor the market day by day, if you think that you have the leverage of selling the coins then sell it and repeat again.
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December 12, 2017, 05:28:54 AM
 #275

There are two factors which are really very important while performing a trade are:
1. Money Management
2. Emotional Control
One should always perform trade with stop loss and target setting. Work on fundamental for long-term and technical analysis for short-term trading will help you gain profits. Secondly, never be greedy and keep emotional control while trading. Exit the trade as soon as you achieved your target. Don't wait anymore to earn more profit.
I think these are basic techniques which help us to become a successful trader.
Wow this is good guide for newbie. Do you have any specific document about "money management"? If yes then will help us a lots.

Yeah, he give us good suggestions for a newbie, but if you want any specific documents about money management, then you could search about it on online, it is not difficult thing for searching and managing. As a trader when you start trading then time by time you could handle your money and manage it.    
This are not a suggestion, this are basics of trading. You need to know how much money you have, you need to have control over your emotions cause they are responsible for our actions. Waiting more to earn more is patience, with some coins patience is important. If you plan to be long term holder patience is even more important. Day trading is tricky, patience is not for waiting good price to sell, its waiting to buy and quick sell after making profit, that is harder.
Newbies should practice with some money that they can spend, stop losses, making buy or sell orders, margin trading, many things are available for all of us, but making profit with trading is reserved just for people who have good timing.

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December 12, 2017, 05:46:12 AM
 #276

To become expert trader you should be learn and understanding about technical and fundamental analysis, and to learn it not enough in one day but you have to learn it contoniously and patient until you really understand how does it work. Beside that should learn other thing like how to manage the risk and also learn about psychology of trading.
Initially it seems to me, you need to fully study the whole process of trading, to feel like a fish in the water. And only then it will be possible to pay attention to important aspects of this work.
Yes you are absolutely fine here. You are like a fish in an ocean who don’t know even how to swim. You only have feathers and wings that can help you in swimming and now this is up to you how better you learn swimming and make your days better. Just like this, trading is not that much easy, every information is with you on internet, just go through it, research and then start practicing.

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December 12, 2017, 05:58:24 AM
 #277

All people are welcome to be a bitcoin trader, the important in this kind of work is , you how to know how to trade and you have a patience.

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December 12, 2017, 06:00:34 AM
 #278

Making good decitions while investing in certain coins, I think with valuable information you could easly earn money trading.
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December 12, 2017, 06:38:35 AM
 #279

When you want to become a trader you need to start first in small amount, so if you lost your money there is another money you invest. Don't push all your money while you are still not an expert.

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December 12, 2017, 06:54:19 AM
 #280

If you want to be a trader you must have a huge knowledge about Crypto Currency if you don't have any knowledge with altcoin you can't became a best trader so at first you analysis crypto currency market.

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