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Author Topic: how to become a TRADER  (Read 8421 times)
Monnt
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October 26, 2017, 01:31:16 PM
 #101

its easy to become a trader but, there is a difference between a good trader and a trader,
for example a good trader analized every situation also do research and stuff like that
and on the otherside a trader just listen to others, hype lack of research will bring a trader down
with his money disappear with it
What makes one a trader is not just by the name, it is the fact that you are good at what you do. I cannot call myself a Doctor if I know I cannot even analyze health conditions and the rest.

Trading is a profession and most people always fail to note that and only when you are good at all those things you mentioned, is the best way you can do your thing daily and get good at making money. Rushing into it will only make you rush out.
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October 26, 2017, 02:23:56 PM
 #102

Welcome to trade relations. The first and most important advice is to learn absolutely everything about a particular currency, having their own opinion
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October 26, 2017, 03:30:13 PM
 #103

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.
If you want to become a professional trader. You should put a small amount of money into training courses to become trader. no knowledge. You will lose a lot of money
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October 26, 2017, 04:48:39 PM
 #104

I think you will have to learn a lot of people and spend a lot of time researching the market then you can become a trader. Or you can put a bit of your money  trading on the trading floor to accumulate experience
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October 26, 2017, 06:38:42 PM
 #105

I think you will have to learn a lot of people and spend a lot of time researching the market then you can become a trader. Or you can put a bit of your money  trading on the trading floor to accumulate experience
In fact it is not so easy to become a trader, for that you need to work hard, you need to spend time in trading and get good experience, you must also have good trading skill, and must do a good study about the trading and only then one can become a good trader. Trading also need a good planning and strategy, which increasing chances of making money from trading.

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Matcuda
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October 26, 2017, 07:32:12 PM
 #106

I think you will have to learn a lot of people and spend a lot of time researching the market then you can become a trader. Or you can put a bit of your money  trading on the trading floor to accumulate experience
In fact it is not so easy to become a trader, for that you need to work hard, you need to spend time in trading and get good experience, you must also have good trading skill, and must do a good study about the trading and only then one can become a good trader. Trading also need a good planning and strategy, which increasing chances of making money from trading.


You are absolutely right. Unfortunately many newcomers do not understand that TRADING is a science and hard work. They hope that money will fall on them from the sky. But this can not happen. The ability to trade is a great talent

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October 26, 2017, 07:37:23 PM
 #107

You need good knowledge and experience to become a good trader. Well firstly the knowledge is needed because trading involve some risk, so you have to learn how to choose the most promising coins to trade. Then you need to start and make trades, and you will learn more with time.
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October 26, 2017, 11:05:22 PM
 #108

Trading consistently and profitably requires the ability to simultaneously address several problems and reasoning ability. You also need emotion management because what we do in trading is to place a bet on the market.
I will support your stance because trading does demand a lot of multitasking. You need to stay updated and keep tracking down the graphs of prices of different coins in order to make your trade profitable. You need to be keen observant of market for making bets and finalizing deals at the right time without going in loss. As far as emotions are concerned, they do paly significant role in making deals.
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October 26, 2017, 11:55:12 PM
 #109

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.
All you have to do is practice and observe. Nobody was born with knowledge but for nobody it was easy till they got some serious profits. It is a day by day hard job with continuous study in the field of economics and trading. I am sorry that i can encourage you with this post but i personally like the truth then happy messages.
If you have known someone that already a trader of crypto that you could talk to and you could asks personally for some important matters regarding trading is very helpful. But if you haven't then you should read more, practice, and gain experience by your own. Besides, since your already here in forum you can read more helpful tips that some expert trader here are shared. Me too, myself I'm still on process of learning of some matters however luckily I have a friend that I could asks for some informations that I didn't know.
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October 27, 2017, 11:30:27 AM
Last edit: October 27, 2017, 11:44:32 AM by Granxis
 #110

To become an expert trader, it is first necessary to have an steel nerve structure. I mean it must be like steel; it needs to be robust and flexible. It's a very stressful trading.

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nodav
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October 27, 2017, 12:42:20 PM
 #111

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.

try buy-n-hold.
Lack of experience will turn your trading into a hell actually
You will sleep less and every loss will kill you
 Wink

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October 27, 2017, 12:57:21 PM
 #112

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.

It is pretty easy to become a trader actually if you have the will to do it of course you can be a trader. But being a trader doesn't mean that you are going to be good at it, trading is a tough job. First of all you cannot trade if you had nothing to trade on, you need to have a lot of coins and I suggest you to join in a bounty campaign where they will gave you coins to be traded. And being a trader needs to have a self control because not all day is a win win, there will be a lot of times that you will loss money, loss coins and you must not let your negative emotions affect you on how you trade need to act professional.
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October 27, 2017, 01:31:28 PM
 #113

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.

It is pretty easy to become a trader actually if you have the will to do it of course you can be a trader. But being a trader doesn't mean that you are going to be good at it, trading is a tough job. First of all you cannot trade if you had nothing to trade on, you need to have a lot of coins and I suggest you to join in a bounty campaign where they will gave you coins to be traded. And being a trader needs to have a self control because not all day is a win win, there will be a lot of times that you will loss money, loss coins and you must not let your negative emotions affect you on how you trade need to act professional.


>you must not let your negative emotions affect you on how you trade need to act professional.

Exactly. That's the most different thing in traders' job

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October 27, 2017, 07:58:27 PM
 #114

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.
All you have to do is practice and observe. Nobody was born with knowledge but for nobody it was easy till they got some serious profits. It is a day by day hard job with continuous study in the field of economics and trading. I am sorry that i can encourage you with this post but i personally like the truth then happy messages.
Yes, true. Practice makes perfection and Rome was never built in a day.
Rushing into trading usually make us to rush out back pretty fast. It is always good to take time to learn, practice, keep learning, get experience and get better.

You will realize that the little time you have used in doing this will give you the chance to even make it far more when you are good than the amount you would have lost if you start gambling your trading positions as a quack trader.
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October 27, 2017, 08:10:30 PM
 #115

If you want to become a good trader, you have to learn many things. The first is the knowwledge. You must understand what you do. The second is the method. You learn to trade, learn about trends, learn technical analysis.... And the last, you have to control your emotion.

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October 27, 2017, 08:24:04 PM
 #116

I think it is not rigth to learn trading by trading. There are too many risks and things that you need to undertand. There are a lot off books which will give you better understanding of processes, show some trading tools, analysis. It is also recomended to have degree in economics, if you want trading to be your profession.
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October 27, 2017, 08:34:24 PM
 #117

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.
All you have to do is practice and observe. Nobody was born with knowledge but for nobody it was easy till they got some serious profits. It is a day by day hard job with continuous study in the field of economics and trading. I am sorry that i can encourage you with this post but i personally like the truth then happy messages.
Yes, true. Practice makes perfection and Rome was never built in a day.
Rushing into trading usually make us to rush out back pretty fast. It is always good to take time to learn, practice, keep learning, get experience and get better.

You will realize that the little time you have used in doing this will give you the chance to even make it far more when you are good than the amount you would have lost if you start gambling your trading positions as a quack trader.

True, however, in the beginner its really difficult but never give up. Its just part of the game. And as the more you trade and gained experience the more you can be successful. It will be a long road for you but its gonna be worth once you see profits on your end. Everyone has really started from nothing but now they have grown enough that they are getting good amount of profits. There are even some members who decided to quit their job and just focus on trading. So just start slowly no need to rush, because its not how to finish it, but how to started and continue to pursue your dreams of being a successful trader.

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October 27, 2017, 08:45:58 PM
 #118

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.
being a trader is easy but must carefully select what you take ,what is important is you must analyze and illustrate using gartley pattern or harmonic pattern ,you must to learn between pattern and learn it is not difficult many ways you can see using google search engine

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October 27, 2017, 09:18:54 PM
 #119

I have never traded using crypto-currency before, but I used real money. I think it is the same. To start with, all you have to do, for now, is practice your skills. You should keep trading small amounts and win small ones. Later on, your profit will definitely grow. Then, with the collected profits, you should multiply the small amounts so you can have bigger profit. Keep multiplying until you have a huge profit.
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October 27, 2017, 09:56:53 PM
 #120

I also tried, but somehow it did not work out. Generally do not quite understand how some can receive so much profit from this. Open secrets, please Wink Cheesy

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