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Author Topic: What do I have to learn in trading?  (Read 2173 times)
Aikidoka
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January 31, 2018, 02:46:26 PM
 #21

If you are going to do a long-term holding, you should learn to be patient because patience is required if you want to have a good profit. Impatience is related to the emotions. If you master to control your emotions, you will be able to come up with a wise decision; either buy or sell.

You also should learn how to organize your time in trading. If you already have a job, focus on it and postpone trading for the night or for another time. Moreover, have your time to study the market and the majority of coins and ask experts which coin is highly sought by traders.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 31, 2018, 02:58:01 PM
 #22

Trading is not for newbies who don’t read,, who don’t effort to learn and most important who doesn’t have patience.. It isn’t a game but a really serious job that requires knowledge to the coin and best trading site you prefer.. And by the way always be careful on phising site and must bookmark the right one.. Be ready to loss and don’t be disappointed because it will teach you a lesson through experiencing it..

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January 31, 2018, 04:02:33 PM
 #23

You should learn first how to trade in or how it works, then study or do some research about the coins you want to trade in. But don't place all your money in one coin so that if something bad has happen you will not lose everything. And if you lose, learn from that experience so that it won't happen again and instead you will be able to earn more profit. And the most important thing you must learn is the virtue of patience to be successful in trading.
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January 31, 2018, 04:04:12 PM
 #24

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Before starting trading just collect much information about the market of crypto. You should learn everything about altcoins you want to buy. Watch YouTube video devoted to crtypto.
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January 31, 2018, 04:11:33 PM
 #25

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

There is perfect guide from one of the guy on forum which I just read through. If you are interested then you can visit via this link : https://bitcointalk.org/index.php?topic=2850179.new#new

The topic is made for the trading purpose only and looks like he have gone through all the aspects of trading or how people make the mistakes while trading through the crypto currency platforms. In general his tutorial gives you overview of different mistakes that people might just do, so you can help yourself by avoiding those mistake. The guy also point out the in depth analysis in terms of solution to avoid such mistakes from happening. A very good read if you gives your 15 minutes over that article.  Smiley
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January 31, 2018, 04:23:52 PM
 #26

there are a few things you will need to master before you start trading for real

1) Learn to read the charts (candlestick). This is the most important skill that you will need in order to trade successfully. Know how to spot a trend and a reversal.

2) Trend is your friend. Never trade against the trend. Once you can correctly identify the trend direction, you can easily and safety buy the pull backs as long they occur within the major trend.

3) Have a trading plan .Many times things do not occur as your prediction ,you will have to cut loss quickly.Remind do not rush into making a decision or allow your emotions to take control of your trading.

4) Do not follow the news. Many atimes , prices do not follow the news but rather news follow the price.

Most important skill of being a successful trader is having control of your emotions and be disciplined in trading.NEVER EVER let your emotions take control of you. Once you master that, you are on your way to be a successful trader.
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January 31, 2018, 04:26:08 PM
 #27

The best tips to learn trading is to read information inside this forum, you can start by researching what type of trading are you going to do, long or short those are fundamentals that you needed to understand before you  proceed and placing your investment, its your characteristic that matters because trading is not an easy task, you need to have a lots of time and patience, market fluctuates continuously and without any idea you might lose your investment anytime.

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January 31, 2018, 04:34:21 PM
 #28

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
To be able to trade well you need to know a lot of things, learn thoroughly about the coin you want to invest. You also need to learn the skills and techniques of chart analysis, combined with the information from the websites to make specific predictions and business plans. That gas you will be able to trade successfully and safely.
Good luck
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January 31, 2018, 04:44:54 PM
 #29

Approach your friends or relatives who already have experience trading. it's better than you learn alone. very boring.
ask your friends advice and analysis of each coin.
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February 02, 2018, 11:09:53 AM
 #30

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Do your own research is the best way to learn about trading. Don't be afraid of losing because there you will learn and be wise. Even top traders loses but never give up on what they believe in. Just control your emotions and the rest will follow.
Fear is the most important tool for you to utilize your all potentials and strengths. Now you may be astonished how fear can help you out? But yes this is reality. When you get fear from something believe me that is an indication of a weak point in your personality. Fight it and remove it. Same is the case with losing, don’t make this your weak point, and rather just fight with it.
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February 02, 2018, 11:52:35 AM
 #31

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Before you start on crypto trading, you should have to make some research about cryptocurrencies on how to do it and how it works. Make sure to review and understand well their whitepaper, and identify those team members if they are credible and not fabricated.
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February 02, 2018, 11:56:20 AM
 #32

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

There are so many tips to newbi. Learn technical and fundamental analysis is the first tip.
Second tips is learn how to make money management which is good enough and suitable to your style.
Third one is  learn how to control emotion and other characteristic which might make us panic.
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February 02, 2018, 01:08:07 PM
 #33

The best way I know to learn trading is the practical trading itself. You can begin with the lowest required amount and develop your own trading strategies and learn from the trial and error method.

For me, trading is the game of skills and patience and it is not everyone's cup of tea so as I said, start with the lowest possible amount and do your own research instead of following other's opinion blindly. Understand the market behavior and learn to explore and exploit the opportunities.
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February 02, 2018, 01:28:05 PM
 #34

You can start by reading books about trading such as Trading code. You can also search the net for some good topics about it.
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February 02, 2018, 01:32:33 PM
 #35

There are numerous things you need to learn in trading, but here are some essential ones:
- You need to have a basic knowledge of what trading is and what it entails,
- You need to know how to analyze the market - through both fundamental and technical analysis,
- You need to learn risk management, and
- You need to learn how not to trade with emotions.

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February 02, 2018, 02:06:26 PM
 #36

When I first started trading I had to be in a trading area (forum), then I joined in a signal group that explain in detail (cause due to dump or pump) or the group that admin sharing their knowledges. Don't join groups that just give signal when to buy and when to sell. Then I often open youtube to get more knowledge how to read charts. And here's the key to how you can read the charts.

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February 02, 2018, 02:45:44 PM
 #37

I did not know anything about trading. A friend of mine advises me to know about the currency before investing in a trading. Then when I gave an idea about this site, I could combine different currencies, especially the crypto coins. And if I am new, investing in BTC and ETH trading, we make profits.
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February 03, 2018, 04:52:29 AM
 #38

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
You need knowledge and skills when trading in order to ensure the success of trading.
You need to have atleast basic knowledge in cryptocurrency and in trading itself. There are numerous articles and videos which can help you and you need not only to have knowledge but experience in trading so keep trading so that you can be expert, failing is part of development so dont be afraid to fail. Most traders as far as I know depend on the newbs who make dumb decisions in trading.
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February 03, 2018, 05:33:03 AM
 #39

In trading if you doesnt know anything it is hard this might gave you loses of money. To learn trading we should be determined to learn anything that makes us to be successful. Learned proper knowledge a lot of things that we could get information on how to start into trading. Read, watch videos, and learn technical analysis this could help a lot in starting to trade.
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February 03, 2018, 05:47:25 AM
 #40

I have more ideas in trading but i didn't used to it. And befor i would take it I'd like to here some voice's of everyone who can google their time to speech us new so that we won't look unprofitable in times when we go for trading.
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