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Author Topic: how to become a trader  (Read 2297 times)
cpoer2011
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December 29, 2017, 10:21:05 AM
 #121

Trading is buying when the price is low and sell it when the price is rise. It's simple, but the hard things is to follow the trend. Sometimes after we bought some coins the price goes down and we are panic and sold it in low price (cut loss) Don't do that because sometimes it will rise again. But you must have loss point so you won't get more losses.
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December 29, 2017, 11:32:04 AM
 #122

Trading is buying when the price is low and sell it when the price is rise. It's simple, but the hard things is to follow the trend. Sometimes after we bought some coins the price goes down and we are panic and sold it in low price (cut loss) Don't do that because sometimes it will rise again. But you must have loss point so you won't get more losses.

What you are saying about trading is true, but that is more about learning and making your self a better trader, for becoming a trader you need just couple things lat top, internet and initial investment, that is all you need to become a trader. How good you will be depends from you and nobody else, you don't need schools and diplomas, special licences, that is why people like bitcoin and crypto currencies, you can be your own boss and future can be in your hands, unlike with other kind of jobs.

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Wonder_woman
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December 29, 2017, 11:40:48 AM
 #123

Trading is different then investing, first you should determine if you are going to trade or invest. Investing is buying and holding for years, trading is simply buying and selling to make a profit regardless or the fundamentals of a coin.

Figure out which coins you like and buy and hold them dont trade them, on the other hand find coins you think will go up in maybe a couple of months and try and trade those.

Stop losses and indicators are something you should become familiar with and remember trading has a lot of emotion involved, dont let your emotions get the best of you. Good luck
Wow!!! Very nice advice. My question is how did I know if the coins is good for investment and how did I know if the coins are for trading? Im curious about this because until now Im still newbie in this case. Jay
kotasweladapola
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December 29, 2017, 11:41:18 AM
 #124

It is very hard to become a successful trader at once. You will learn it little by little. Normally it comes with your trading experience.
alisafox2017
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December 29, 2017, 11:43:24 AM
 #125

In fact, it's very simple, but the basic requirements for becoming a trader are TIME, INVENTED MONEY AND NERVES.
bbcolex
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December 29, 2017, 11:45:44 AM
 #126

I'm no expert, but I think to be a good trader you need alot of patience and basic knowledge about the said market. Some trader has patterns and I don't really understand how the hell they able to do that , I don't do day trade , I tend to panic sell and lose profit  Undecided Maybe need some mentor for trading how not to lose composure when trading and dealing properly negative events.
AntoCokbun
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December 29, 2017, 11:47:24 AM
 #127

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
when you try to buy coin and sell coin in your market already included in trader, but to be a reliable trader at least you need a lot of time and experience.

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December 29, 2017, 01:03:18 PM
 #128

Only try to open a little bit thought of the trader, not hard just buy it when it cheap and sell it when it expensive. But heart will be racing because you will never know the exactly price. My suggestion when start the trader is try with little amount, then thank for every opit you got. Don't be sad when you already selling it but the price is rising

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cryptoglam
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December 29, 2017, 01:06:00 PM
 #129

well, I think you should check all the graphs hourly if you really wanna make money out of it!
And also get yourself some really good coins or even tokens, for example. I just got some by modultrade. Really excited how it will go (I think greatly!)
hercules006
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December 29, 2017, 01:50:13 PM
 #130

I think you should look first for the available tool in your country, then study its function, then look for people who use it, hang with them. Then keep learning everything. It works for me because i find it boring to study something i dont even see. E.g chart, how you can use it in trading. I say earlier look for people, because its more easier when someone is giving you ideas and sharing their experiences. Im hoping for the best in your pursuit ^^
coino.org
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December 29, 2017, 01:51:53 PM
 #131

The best option is find a tutor with proven trade statement and take some lessons. Also don't get in with all of your funds and keep in mind, in first year your object is not to gain, but at least not to lose. Set stop-loss and work on psychology.
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December 29, 2017, 02:09:28 PM
 #132

To be make a good trader, you need proper knowledge about the basic rules of trading. You need to start with few amount. Because trading is not an easy work. There are risk to lose money. You also need to know about market cap.
Trading is just like a game. So if you want to become a good trader then you need to be a good player of any game because if you are a good player of any game then it means you are risk taker and you have a quality of good trader so if can take risk and can gain some experience in the field of trading then with time you will become a good trader.

Andrey123
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December 29, 2017, 02:25:24 PM
 #133

Trading is comparable to drug addiction)
Personally, I started with Forex.
Just decided that I want to learn myself. And only in 2016 created working strategies and quietly trade.
Just realized that this is mine.

Hello! Voluntary donations that will go towards the development of my coin.
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SNAPCALLHERO
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December 29, 2017, 02:49:24 PM
 #134

haha... it is easy to become a trade and difficult to become a expert. the first you need register a new account in exchanges, after that learning knowledge and research some coins. the last, start trading with potential coins

Buntel168
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December 29, 2017, 05:21:16 PM
 #135

you can get information from this forum, become a trader is not easy. you must have knowledge about trading when the right time to buy and sell, and you should also know the risks in trading.

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December 31, 2017, 09:19:34 AM
 #136

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
I am getting bored already on this forum.
Why does everyone keep bringing up the same topic and repeating the same thing over and over again. Were they expecting different answers to the same question ?

If you do not know how to search on Google on how to do trading analysis, then there is no point disturbing yourself on how to become a trader. Becoming a trader is easy, just buy and sell, that is all that is there to it. It is becoming a good trader that counts.
Yes, I totally agree with you. The newbie can search many topic in this forum or other websites to know. I just have 1 advice for them. That is practicing everyday and researching the market carefully.
Honestly, it is not very hard and that shows how much so many of these newbies are always looking for shortcuts to everything instead of trying to find out information. Sure, this is a forum, but there is already lot of information shared by a lot of people to make use of and then get good at being a trader, but anyone who thinks shortcut is best for them, then experience probably will teach them a lesson.
sajeebur rahaman
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December 31, 2017, 11:51:35 AM
 #137

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
Trading and Investing are different.If you want to invest Then you have to keep a long time .It is short for trading (trade)

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biboy
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December 31, 2017, 12:27:26 PM
 #138

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
Trading and Investing are different.If you want to invest Then you have to keep a long time .It is short for trading (trade)
And one thing is for you to become a good trader you have to be at least a good handler of money so that you can earn in trading as well, because if you are earning a lot but you are also the kind of person who always spend whenever he can and even if not important and don't mind the price is not good in having a business/trading.
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December 31, 2017, 01:41:44 PM
 #139

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.

Its very easy become a trader. Just buy and sell any of altcoin then you are trader.
The only difficult is become expert trader. Need knowledge and experience become expert.
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January 02, 2018, 12:12:08 PM
 #140

Firstly learn about technical analysis and price action  and you can learn it in trading view platform, they has easy interface platform and also available many indikator. And for the some function of each indikator you can learn it in youtube. And after you understanding about it, learn how to manage your emotion.
It is suggested to the new comer in trading that he should do his home work properly as the knowledge of trading is very important for the market to understand its procedures and fluctuation. One should search market properly and study the monthly charts of the coins as how they performed in the market previously and to observe the trend of the investors as how they manage  their business and to learn how to buy and sell.
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