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Author Topic: how to become a trader  (Read 2197 times)
Nicol3
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February 13, 2018, 06:58:40 AM
 #281

Becoming a trader is easy, you can always google it or search on Youtube to know what to do as a beginner. That's what I did when I first started trading, and make it a point that when you try to trade for the first time do not expect to gain profits right away. Do not spend your money if you can't afford to lose them. And it does takes a lot of practice and researching to get to know the coin you want to invest in too.

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February 13, 2018, 07:10:17 AM
 #282

To become a better Trader, make good research and carry out your feasibility study well, especially on the coins to trade with. Just be strong and be courageous enough to take good risk and prepare yourself for sudden failure. Because there is never a prominent business without its other side or challenges.
Becoming a trader is not that much easy thing as it seems to be. It does take lot of efforts and hard work, only then it becomes possible for anyone to become trader. Till the theme you will not get some very good amount of knowledge regarding all the things which are related to that of trading and which can later on help you while dealing the things, it will be very much difficult for you to become a successful trader.
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February 13, 2018, 07:14:47 AM
 #283

You will not become a successful trader in one day. We need practical experience, knowledge and capital.
You should start with learning the basics. It is advisable to take a course on trading.
To learn technical analysis tools and trader.Practice and read well-known books on trading.
Learn how to define entry and exit points
virasisog
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February 13, 2018, 07:31:39 AM
 #284

To become a better Trader, make good research and carry out your feasibility study well, especially on the coins to trade with. Just be strong and be courageous enough to take good risk and prepare yourself for sudden failure. Because there is never a prominent business without its other side or challenges.
Becoming a trader is not that much easy thing as it seems to be. It does take lot of efforts and hard work, only then it becomes possible for anyone to become trader. Till the theme you will not get some very good amount of knowledge regarding all the things which are related to that of trading and which can later on help you while dealing the things, it will be very much difficult for you to become a successful trader.
Nah. Its not to difficult to become a successful trader if only a person is truly aiming to become or moreover to be a professional trader. Nothing is impossible to a newbie that is pushing himself through his limits to be successful.
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February 13, 2018, 07:45:14 AM
 #285

Becoming a trader is easy, you can always google it or search on Youtube to know what to do as a beginner. That's what I did when I first started trading, and make it a point that when you try to trade for the first time do not expect to gain profits right away. Do not spend your money if you can't afford to lose them. And it does takes a lot of practice and researching to get to know the coin you want to invest in too.

It sounds easy because trader only need to buy low price and sell in high price, but in fact it is not that easy. Many aspects should be learned before newbie become a real trader and it takes not short time of learning. It should be done step by step starting by learning the theory then practicing it. Practice can be done freely because there are some trading application where people can learn about trading.

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sotoshihero
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February 13, 2018, 07:50:55 AM
 #286

To become a better Trader, make good research and carry out your feasibility study well, especially on the coins to trade with. Just be strong and be courageous enough to take good risk and prepare yourself for sudden failure. Because there is never a prominent business without its other side or challenges.
Becoming a trader is not that much easy thing as it seems to be. It does take lot of efforts and hard work, only then it becomes possible for anyone to become trader. Till the theme you will not get some very good amount of knowledge regarding all the things which are related to that of trading and which can later on help you while dealing the things, it will be very much difficult for you to become a successful trader.

I agree, you cant be a good trader overnight. Learning to trade ois a continuous process. It takes a lot of effort and experiences., To start with, just open an account on any trading exchanges like Poloniex,bittrex or Binance. Start to familiarize with site and start trading in small amount. Experience is the best teacher they say, in addition it gives you more confidence also.
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February 13, 2018, 09:08:16 AM
 #287

 Firstly you have to go to trading view platform and there are available nice interface chart to learn technical analysis,  in that platform available some indikator to help to decide which level price and best time to buy and sell any coin. After learn some technical analysis learn also about how to reduce any risk in trading like cut loss strategy and also you should have goal how much profit you can make it from trading, make sure dont be greedy when taking profit.
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February 14, 2018, 10:16:43 AM
 #288

To become a better Trader, make good research and carry out your feasibility study well, especially on the coins to trade with. Just be strong and be courageous enough to take good risk and prepare yourself for sudden failure. Because there is never a prominent business without its other side or challenges.

Becoming a trader doesn't mean random buy and sell orders while trading digital assets. It means having the wide knowledge of crypto and acting accordingly. It's been a hard task for most of us nowadays.
It would be a wise statement to use that the trading is a game of mind. You have to decide when to invest when to hold on to your shares and when to cash out your shares. These all things are mostly a result of the field experience u gain while practically working, they can’t be just learned sitting in the classes and having lectures about finance and economics. The point you have to be willing to test your abilities if you want to be a trader. Go through experiences till the time you are mature enough to make a decision that won’t lead you towards loss or failure.
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February 14, 2018, 10:25:05 AM
 #289

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.

Engaging yourself into trading is easy because it is easy to buy different kinds of coins and sell them in a higher price. But the hard part is the selling oart because not all coins are successful al times because you will encounter some coins that you cannot sell in a higher price. So you might lose koney in trading but you just need to have a lot of patience.
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February 14, 2018, 11:07:52 AM
 #290

To become a better Trader, make good research and carry out your feasibility study well, especially on the coins to trade with. Just be strong and be courageous enough to take good risk and prepare yourself for sudden failure. Because there is never a prominent business without its other side or challenges.
Becoming a trader is not that much easy thing as it seems to be. It does take lot of efforts and hard work, only then it becomes possible for anyone to become trader. Till the theme you will not get some very good amount of knowledge regarding all the things which are related to that of trading and which can later on help you while dealing the things, it will be very much difficult for you to become a successful trader.
The idea of the basic sounding easy such as buying low and selling high is just what has led so many people to that trap of losing a lot of their funds. Trading is a profession, and the last time I checked, no profession is easy but with some knowledge the individual can always get better. However, this knowledge is just what is so hard for some people to want to take the step to gain and I really do wonder how they normally assume they could pull through in such situations.
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February 14, 2018, 11:49:00 AM
 #291

The easiest way to start trading is Forex. You can become a true trader with a ridiculously small amount of money. Some brokers offer a minimum deposit of $50, 25, 10…. Good for a newbie. Most platforms let you to trade cryptocurrencies as well. And you can start with a demo version to train your financial skills. Here is the list of 3 reliable platforms: https://www.forexee.com, https://tickmill.comhttps://pepperstone.com, I personally prefer the first one. They give valuable analytics and really help to make profit.
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February 14, 2018, 12:39:29 PM
 #292

Alex_Sim is right! So, you can explore Cent accounts in Forex brokers. As you can suggest your balance will be reflected in cents. Deposit $10 and you trade like $1000 (10 dollars = 1000 cents). Yes, profit is lower, but so are the risks.
kamote291993
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February 14, 2018, 03:12:44 PM
 #293

I want you to be patient and humble because when everything goes wrong it might too hard to tell that it is the strategy to earn money. You need also to be analytic and observant in order to update the situation in full alert. This might be a good challenge to us because you will be struggling some basic knowledge materials to make a whole new level. Trading also needs characteristics on other person like communication you need to bond on some other traders not to stole their idea but to learn how much it takes to be a trade
Miracleismyidol
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February 15, 2018, 03:07:03 AM
 #294

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 believe that to become a trader is difficult, requires a lot of time and hard training. You have to know how to analyze the graph technique, combined with the market information to plan your specific plan. You also have to have a very important factor that is the ability to feel the market to buy at the lowest price and sell at the highest price.
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February 15, 2018, 03:29:11 AM
 #295

To make a trader first need to understand the market, less emotional, updated with market news , understanding charts & most impotently accept the truth "gain & loss part of life"
ladner
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February 15, 2018, 03:34:42 AM
 #296

Firstly you should be understand the risk so only use money willing to  lose to start it, and then learn about technical analysis and how to read the chart and learn how to specify support area for buying and resistance area for sell. Other thing learn how to manage the risk in trading and built good risk management and trading plan like specify amount of take profit and stop loss, and the most important thing is learn how to manage your emotion in trading, dont be greedy and always be patient.
I believe that to become a trader is extremely difficult, but if you are really determined and hard work, nothing is impossible. You need to study commercial classes, in addition to studying market analysis, tracking information and making evaluations, from which you can synthesize and plan your own. You also need to learn from previous people in the field.
HatakeKakashi
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February 15, 2018, 06:00:10 AM
 #297

You can start these exchnges site binance, bittrex and poliniex.  You can read about trading at this forum this is perfect exampleto get a lot of information if you want to start trading.  You can do start trading with your capital buy low the price and sell when the price increase and for sure you will gain more profit.  You need to get some strategy and IDEAS who are the expert and successful trader if you do that everything will be fine.

 
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February 15, 2018, 06:29:39 AM
Last edit: February 15, 2018, 01:26:31 PM by Webberson
 #298

Becoming a trader requires skills and persistence. It has to do with you possessing the right mind to trade. Having a background knowledge on what trading entails, is paramount. With all these in mind, you need a start-up capital to start trading.

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February 15, 2018, 08:00:38 AM
 #299

Trading is not easy,if you want to be a trader you must prepare yourself in any possibility that might happen. Learn everything you need to know before you enter in this job,trading is very risky but profitable when you have lots of knowledge.

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February 15, 2018, 08:43:23 AM
 #300

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.
It seems that you are asking how to be a good trader. You can consider your self as a good trader if you can focus everytime and you are not panicking because you can control your emotions. Becoming a good trader is easy because you just need to improve your patience and emotions.

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