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Author Topic: how to become a TRADER  (Read 6225 times)
crypto4lambo
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December 12, 2017, 07:01:44 AM
 #281

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.

That was a good start. As you go along the way you can develop your own style of trading. You may go for day trading, mid term or even long term. It depends on where are you comfortable at. Learn to read charts and analyze candlesticks pattern to have more edge in placing trades. It is also advisable to learn some technical indicators which may fit your trading style. It is essential to have some basic knowledge about this to minimize risk. You can also join groups on facebook or telegram to interact with traders like you. You can gain knowledge and information just by lurking or reading their posts. Watching videos will help a lot to as it will help you visualize certain scenario that you may encounter while trading.

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December 12, 2017, 08:20:12 AM
 #282

I have learned that I am a trading expert in trading only to make it low and sell it high, so you earn a big deal because I buy a high price coin sure it's a chance to drop and lose You have to trade you for trading to start trading then you can go to youtube to learn and to guide you into trading everything you need on youtube.

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December 12, 2017, 08:49:21 AM
 #283

Hello! First of all I want to warn you that trading Bitcoins is the highest risk when it comes to all Bitcoin or cryptocurrency activities. This is because Bitcoin prices is very very volatile. It changes every second and no government or central bank regulates it. So you will never know when a crash of price will happen  or if there is a bubble that will burst.

However, you can try to minimize the risk by doing proper analysis. You can use both technical and fundamental analysis and combine it to come up with a good decision of when to buy and when to sell.

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December 12, 2017, 01:05:29 PM
 #284

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
I think one should learn the basics of trading before any investment in the business. Proper home work must be done in order to get more knowledge about trading as how to invest in the market. In order to minimise the risk one may start his trading from low capital as in case of any uncertainty in the market, one can avoid big loss initially.

To improve his know how one can consult the successful traders of the market who are investing in bitcoins as how they manage their business.

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December 14, 2017, 05:11:16 PM
 #285

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
I think one should learn the basics of trading before any investment in the business. Proper home work must be done in order to get more knowledge about trading as how to invest in the market. In order to minimise the risk one may start his trading from low capital as in case of any uncertainty in the market, one can avoid big loss initially.

To improve his know how one can consult the successful traders of the market who are investing in bitcoins as how they manage their business.
You are right it is the bitcoin that is now being famous and the trading is the good way of the earning buy it is not the way to have the high value if you are not yet good at the trading because a lot of the ups and the downs will come your way In the bitcoin and you will see the bitcoin is increasing in the value and the profit, I am making the profit in the bitcoin and I can see the bitcoin will give me the valuable profit.
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December 14, 2017, 06:13:53 PM
 #286

Take some courses and then try prop-trading. That's a good opportunity to get in without starting capital.
Also I recommend using tickers with high liquidity

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December 14, 2017, 07:31:32 PM
 #287

How to become a trader?

Simple.. learn in the action with small money you can afford to lose!

My best tip to be successful:
- Control your emotions
- Develop your ability to anticipate and read the market sentiment
- Be patient, never chase the price, but instead let it come to you
- The only things you control are your entry, your trade size, and when to get out of your trade... But know you'll make most of your money when you buy. You always want to buy at discount.
- Know at what price you want to enter, what price you want to exit, the size of your trade and your stop/or plan if your trade goes against you
- Less stuff on the chart is more
- Don't become one of those people who are really good at predicting the past... 99% of people can predict the past, but only 1% can predict the future in trading.


My 2 sats!
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December 15, 2017, 11:43:34 AM
 #288

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.
Hey mate! Good you want to take a bold step, and impressed that you are trying to learn first. There is really no shortcut to it, you just have to learn the technical analysis, or at least the little bitty few things you can grab. You cannot learn it all in one day, so I guess you will have to practice with the little you have learnt and keep learning as time goes on.

There are some traders on youtube that can teach you how to observe trends and trade safely, so you may consider that as well. Trading can be profitable if you are good and if you have some good capital to start, however, for a newbie, it is good you start small and from what you have said, since you have made a little bit of profit, then I see no reason why you should quit. No one was born a pro trader, we all started somewhere.
for me to become a new traders realize which is the good information and which should be avoided and eventually become professional traders this can take months or even years as a guideline to help avoid wasting time on incorrect or faulty information upon reading about a strategy it's important to understand that your trading plan is not simply a set of rules that you think will work a list of set ups that you are somehow fond of or someone else's plan.
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December 15, 2017, 11:49:08 AM
 #289

Trading tips learnt from the experts......... I will start by trading with small amount. thank you guys

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December 15, 2017, 11:51:42 AM
 #290

I have learned that I am a trading expert in trading only to make it low and sell it high, so you earn a big deal because I buy a high price coin sure it's a chance to drop and lose You have to trade you for trading to start trading then you can go to youtube to learn and to guide you into trading everything you need on youtube.
To become a trader I think it is the way that you fight your feeling of Getting lost or failed on your first attempt on doing trading. There's no specific reason to become a trader, to be called as a trader you must first have experience on doing it and all your experience's on your first try will give a lot of knowledge on how to do on the second time around.

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December 15, 2017, 08:09:10 PM
 #291

If you want to trade on the exchange market platform, you have to take a lot of ideas. To be a successful businessman, reading the graphs or charts, such as red and green lines and must know the basics of trading. As a businessman you have to be patient.

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December 15, 2017, 10:22:34 PM
 #292

Take some courses and then try prop-trading. That's a good opportunity to get in without starting capital.
Also I recommend using tickers with high liquidity
Well, I don’t suggest taking courses for becoming a trader. People are really becoming good traders simply by practicing it. There are many people who are all the time reading about crypto market, its trends and principle. These people keep developing strategies which help them understanding the market in best possible way. You can never learn better form any other source than learning from your own mistakes.

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December 15, 2017, 10:24:54 PM
 #293

Experience and techniques are two major factors that decides the fate of a trader. Taking the right call at the right time after studying the technical charts, trends and other needful analytics is the key to success. You may lose some money at the beginning but don't lose hope as these losses is the best teachers and helps to gain meaningful experience which nobody can teach
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December 16, 2017, 08:09:18 AM
 #294

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
I think one should learn the basics of trading before any investment in the business. Proper home work must be done in order to get more knowledge about trading as how to invest in the market. In order to minimise the risk one may start his trading from low capital as in case of any uncertainty in the market, one can avoid big loss initially.

To improve his know how one can consult the successful traders of the market who are investing in bitcoins as how they manage their business.
You are right it is the bitcoin that is now being famous and the trading is the good way of the earning buy it is not the way to have the high value if you are not yet good at the trading because a lot of the ups and the downs will come your way In the bitcoin and you will see the bitcoin is increasing in the value and the profit, I am making the profit in the bitcoin and I can see the bitcoin will give me the valuable profit.
Everything have ups and downs in tithe tenure. Nothing is stable and nothing can give you only profits, likewise, nothing can make you loser every time. Trading is best source of income for many, you need to address your needs and for that you must ask yourself and check which method of earning suits you. If trading is one of them, go for it. Learn from your mistakes and go on.

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December 16, 2017, 08:22:50 AM
 #295

I used to be a Forex trader, and recently dive into crypto world. it is really different. I have watched some of the Youtube trading channels to learn, and follow some famous crypto traders on twitter.

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December 16, 2017, 10:23:38 PM
 #296

If you want to trade on the exchange market platform, you have to take a lot of ideas. To be a successful businessman, reading the graphs or charts, such as red and green lines and must know the basics of trading. As a businessman you have to be patient.

You're right mate, gathering informations on that particular tokens which you always monitored it all the time so that incase it will increase you can trade it directly that will give you a profit.  Also, patience to be always at your side so that you have peace on mind by doing so that you are in fucos.

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December 16, 2017, 10:28:37 PM
 #297

Take some courses and then try prop-trading. That's a good opportunity to get in without starting capital.
Also I recommend using tickers with high liquidity
Well, I don’t suggest taking courses for becoming a trader. People are really becoming good traders simply by practicing it. There are many people who are all the time reading about crypto market, its trends and principle. These people keep developing strategies which help them understanding the market in best possible way. You can never learn better form any other source than learning from your own mistakes.

Reading about the market is a good thing to start with. The rest could include doing trades on your own, learning transfer methods, making analysis about price movements etc.
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December 16, 2017, 10:31:54 PM
 #298

How to become a trader is very simple. Just like Driver Drive, a Singer Sing and a Speaker Speak! Get yourself some bitcoin and start trading! You will be glad you did when you begin to see result!

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December 16, 2017, 10:58:30 PM
 #299

I have learned that I am a trading expert in trading only to make it low and sell it high, so you earn a big deal because I buy a high price coin sure it's a chance to drop and lose You have to trade you for trading to start trading then you can go to youtube to learn and to guide you into trading everything you need on youtube.
Only buy at low and sell at high is not the trade you also need to learn about different thing related to your trade. Like you also have to study about the market in which you are investing so that you will know from the beginning that how much a particular coin will drop and how much that will again rise in price value. You have to learn about the timing of the pricing trend of the coins.

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December 16, 2017, 11:07:09 PM
 #300

First rule

You will learn from mistakes, and every time when you make mistake, keep in mind don't make that mistake again

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