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Author Topic: how to become a TRADER  (Read 8421 times)
el kaka22
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December 02, 2017, 04:20:04 AM
 #221

When one keeps in learning more and more about bitcoin as well other altcoins, automatically he can become a trader. Because, these days due to the increased exchanges and the access is much easier. Here risk is found high, one needs to learn to overcome such situations.
Learning is one thing that can never be ruled out when it comes to trading.
We all have had our experiences in the past. While some rushed in thinking they could do it all by themselves and then rushing out to give up, some found at some point that they need to learn and they are now doing it better.

If you can learn at first, there are some mistakes you will never make compared to if you just rush into trading blindly.

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December 02, 2017, 05:46:01 AM
 #222

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The best way to learn trading is by doing it. You made 0.001 BTC, congrats. But this amount isn't enough to consider as good return. The crypto market is volatile than any other asset market. Here you can make or lose 0.001 BTC within a fraction of seconds. So always invest for long period else you are just betting. It isn't more than gambling. Always pick coins with some large adoption or you will see your investment fading within few months. If you make right coin selection, you don't need to look after charts, etc. You just need some patience and coins will do the rest.
Really?! Is it possible to gain or lose .001 btc within a fraction of seconds?! That's huge! So this means that I can definitely earn large amount of money through trading if everything falls right down in place, I'm a little bit interested now but feel nervous at the same time because losses are inevitable.

You've said that choosing the right coin is very important, can you give me an advice what coin should I choose?
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December 02, 2017, 11:31:40 AM
 #223

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.
I think experience is best in trading. a lot of blog site that regularly discussion about alt coin. if you follow this site you can create knowledge about alt coin. If you know alt coin, you can create profit in trade. Other you can follow trading discussion for regularly update.
Don't go directly in depth of the trading, 1st learn what crypto trading is and where you can do this trading. List out the sites where you want to trade and register and do some research. And check the altcoins section and trading section to know about the reputed altcoins. Later you can move slowly. It takes time, but you have to spend time or else you can't become a trader.
For becoming a trader, a person people requires just 3 skills. First, he must have a very good knowledge of the asset in which he is going to trade. Second, he must have a lot of patience and a Calm Mind in order to become successful in this profession.

Third, the word fear must be unknown to him. There will be times when he will definitely face loss but this is how Traders turn into experienced ones.

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December 02, 2017, 02:01:44 PM
 #224

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 you.
I think that a good trader has a high-quality flair and not only the ability to analyze the market. I watched some guys who feel like fish in the water in stock Exchange, so little attaching efforts, they work and trade with a good income.
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December 02, 2017, 02:16:14 PM
 #225

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 you.
Just experience and techniques won't help. One will need to deeply understand and study the market before applying those techniques. Just jumping into trading will cause you to suffer huge losses. Start small and end up going big. Learn well and see how others do trading before you apply your own knowledge.

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December 02, 2017, 02:36:35 PM
 #226

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.
I think experience is best in trading. a lot of blog site that regularly discussion about alt coin. if you follow this site you can create knowledge about alt coin. If you know alt coin, you can create profit in trade. Other you can follow trading discussion for regularly update.
Don't go directly in depth of the trading, 1st learn what crypto trading is and where you can do this trading. List out the sites where you want to trade and register and do some research. And check the altcoins section and trading section to know about the reputed altcoins. Later you can move slowly. It takes time, but you have to spend time or else you can't become a trader.
For becoming a trader, a person people requires just 3 skills. First, he must have a very good knowledge of the asset in which he is going to trade. Second, he must have a lot of patience and a Calm Mind in order to become successful in this profession.

Third, the word fear must be unknown to him. There will be times when he will definitely face loss but this is how Traders turn into experienced ones.
Becoming a trader doesn't require a large capital, because these days we've got lots of trusted exchanges as well much user friendly accessibility. To be a trader another thing that required is the prediction about the market in a precise manner. The closer prediction that we make will lead to be successful in trading.
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December 02, 2017, 03:55:04 PM
 #227

If you are not good at trading skill or you cant learn it, you can choose another way to get BTC. You can join inro Bounty campaign of ICOs

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December 02, 2017, 03:57:36 PM
 #228

i've heard a wise utterance, "make thousand mistakes until you know where is your mistake"
by experience and mistake that you've made, you will understand and try to evaluate your mistake in trading. just learning and do your best.!!
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December 03, 2017, 08:29:05 AM
 #229

Trading is one of most toughest thing.it needs proper informations about the basics and fluctuations of market.Dnt just jump into trading without proper knowledge.Lot of newbies do blunders and then blame the market.first learn through youtube google and different blogs.and if you can afford go for some reliable paid course.after that you would be a successful trader.
Trading is really very tough. I was one of those who rushed into trading at first thinking, Oh! It is all about reading the charts and seeing what has been happening before and with that profit is imminent. I got into trading and I ended up losing so bad.

Luckily for me, I do not give up easily and then I started searching for some of the things I did not do right, which should have been the first step I should have taken before starting to trade. I wish I did, and I would have been making some bucks right from the start, but after learning, I got it all back and doing pretty well right now. Never miss the learning phase.

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.
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.
 Catch the winning spirit! 
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      JACKPOT      
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December 03, 2017, 11:27:28 AM
 #230

For me, i joined some signal groups. First, to take their signals as reference, and learn how they do some technical analysis like that. Second, to catch the news.

There are thousands of coin out there, i can’t  follow all news, so joining them is the best way to keep me alert of coins news Smiley Then base on those signs, i made my choice of coin to trade Smiley luckily, up to now the returns are quite good, 30-50% profit each trade Smiley

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December 03, 2017, 11:53:49 AM
 #231

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 you.
I think that a good trader has a high-quality flair and not only the ability to analyze the market. I watched some guys who feel like fish in the water in stock Exchange, so little attaching efforts, they work and trade with a good income.

Trading is not easy, it takes time which you need to anaylze and study to have enough knowledge. You must know to read some charts and observed the possibilities on the different kind of altcoins in the market. Somehow, there might some changes from time to time which our traded item will end up low cost as low profit. Also, there different value is unpredictable so much better always updated on there different status as what kind of coins you want to trade. Moreover, experienced to trade will know in actual what will be the possible outcome if it will end up to profitable or not.
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December 03, 2017, 12:10:06 PM
 #232

For you to become a successful trader is not a day work,  you need to understand the trading analysis as well as well as knowing the dev team there update on the project.,so as. Not to buy dead coin
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December 04, 2017, 04:58:52 AM
 #233

accuracy is necessary in trading, we must be smart in analyzing prices, We also have to take risks in such trading.
because trading is not just about buying and selling.
Accuracy most especially in decision making. Like you said, most people always attribute trading to the normal buying and selling, but the most important thing here is that we are in a huge unpredictable market and we are all here to make profit.

Two things are always happening in trading, you bought at a good position, new investors are coming in or someone is losing somewhere is what makes someone to be winning somewhere. Any trader who does not want to be dashing other traders their money should know better to learn how to make good decisions with some good strategies.
Only a fool can define trading is the simply buying ND selling of goods. Trading is though buying and selling but here you both are looking for your profit, you negotiate over the prices. Trading is the best profession for earning your livelihood and massive profit.

Indeed there are many books and articles out there which simply discuss how to be good at trading because you need to make right decisions at right time in this fluctuating market.
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December 04, 2017, 08:02:51 AM
 #234

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.
to become  a trader? First,you need to learn about the world of trading.you should also be well on the subject of mathematics,science and economics and determine which kind of  trader you would like to become.
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December 04, 2017, 09:38:09 AM
 #235

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 you.

yeah is that true experience and techniques. But if u want to this a two major factors u need to learn  and apply them whats is the result, if result negative u will notice ur fault. U just correction ur wrong moves.. and after that be aware in trading.
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December 04, 2017, 09:42:41 AM
 #236

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.
Seeing so many users try to be trader right now with thread openly ask for advice. Guess I will keep being hodl.
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December 04, 2017, 10:37:17 AM
 #237

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.
Seeing so many users try to be trader right now with thread openly ask for advice. Guess I will keep being hodl.
Better doing that if you don't have an in depth understanding with trading, this type of activity needs a lots of patience and you must be a resourceful
person'in order for you to have a great success, though we do have a lots of venue to research but this forum will helps us a  lot.
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December 04, 2017, 10:42:23 AM
 #238

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.
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December 04, 2017, 10:47:37 AM
 #239

Apart from the fundermental education needed before you start to trade, there is know how to become a trade. Trader trade. If you want to be good at what you do, you have to practice!

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December 04, 2017, 11:10:35 AM
 #240

There is no big deal in becoming a trader. Just choose a coin and start buying it low and selling it high. Now you are a trader Cheesy
Wish it was that easy, then everyone will just be making a whole lot of profit when it comes to trading and then we will all be smiling every weekend and partying knowing that once you buy low and sell high, you are just good to go with crypto trading. Try it once and then if you manage to get lucky the first time, you will fail blatantly the second time.

Trading requires a lot of knowledge to be sure you are making a good decisions and choosing the right coin also matter a lot on the strategy you want to choose. So, I guess you may want to change you full opinion about trading.
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