If you want to be successful in trading..

[Lanatsa]

Yes,I believe greatly in luck,but remember that luck is a gift.
In trading bitcoin, I will say knowledge should lead you,have they knowledge of they kind of trading you venturing on bitcoin before trading or holding.I do believe in luck.

Luck may be a gift, but in trading bitcoin, I do not see in anyway how luck is going to apply because your luck may not actually take you too far before you start flopping real bad.

I like the fact where you have said knowledge should lead you and that is unfortunately the aspect a lot of traders always leave out first and then they think they can just hit the charts and with luck on their side, they should be able to make profitable decisions but things do not work that way.

To be successful in trading, we need lots of practices. But, you can only practice what you have learned actually as you cannot know what you are even doing, let alone practicing without having the basic knowledge of what to look for before entering a trade and when you should know when to be exiting a trade. As you have this knowledge and you are practicing what you have in your skull, you will keep getting confidence in your trading decision over time and that is the main essence, rather than not having the knowledge.

Very helpful and informative! Success in trading does not depend on luck, it has to be more than that. It needs commitment, hardwork, persistency, patience to gain if not all quality results but at least the experience teaches lessons. It's about acquiring knowledge to be able to handle fears and troubles, to determine which among the strategies are effective, and be proficient in the nature or principles of trading.

To be successful in trading is not only about setting goals and creating plans, it's about putting them into actions efficiently. The journey can be risky or uncertain but its best to make it fun through positive thoughts, and challenging yourself positively, inorder to reduce pressure. Moreover, seek knowledge, keep on experimenting, observing, and don't be afraid to fail. Take failures for personal and professional improvement.

If you do have these qualities then high chance that you would really be a successful or competent trader which you wont really mind too much on the pressure where trade do gives into a particular trader.Ive experienced almost things along the way where pressure and hardship is your common enemy which these things will really be the main reason for you to fail up on doing trading but if you are sensible and a type of person who do learn from its past mistakes and accept it then making your self even more better wont really be that hard.

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[DiceChain]

I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.

I don't agree with this 100% because I think you can be successful in trading frequently but I think for newcomers it's very good advice. Instead of looking for a good trade to make each day do not restrict yourself to have to make trades. Look for the best opportunities and if there are not any on that day then do not make any trades.

I do agree with you. Patience and sniping is important in trading, but not all in trading. Trading experience and knowledge of coins, coin market and trading strategy are also inevitable for successful trading. When you have all of these above mentioned qualities, you can be successful in all trading including day trade.

[thend1949]

Yes,I believe greatly in luck,but remember that luck is a gift.
In trading bitcoin, I will say knowledge should lead you,have they knowledge of they kind of trading you venturing on bitcoin before trading or holding.I do believe in luck.

Luck may be a gift, but in trading bitcoin, I do not see in anyway how luck is going to apply because your luck may not actually take you too far before you start flopping real bad.

I like the fact where you have said knowledge should lead you and that is unfortunately the aspect a lot of traders always leave out first and then they think they can just hit the charts and with luck on their side, they should be able to make profitable decisions but things do not work that way.

To be successful in trading, we need lots of practices. But, you can only practice what you have learned actually as you cannot know what you are even doing, let alone practicing without having the basic knowledge of what to look for before entering a trade and when you should know when to be exiting a trade. As you have this knowledge and you are practicing what you have in your skull, you will keep getting confidence in your trading decision over time and that is the main essence, rather than not having the knowledge.

Very helpful and informative! Success in trading does not depend on luck, it has to be more than that. It needs commitment, hardwork, persistency, patience to gain if not all quality results but at least the experience teaches lessons. It's about acquiring knowledge to be able to handle fears and troubles, to determine which among the strategies are effective, and be proficient in the nature or principles of trading.

If you eagerly want to be successful in trading then you have to do your part and not to rely much on others as they too have their own duties. It takes courage and readiness as the market is risky. You have to develop trading skills and knowledge, stabilize emotional aspects, and to never fear failures.

[Gaff]

If you really want to be a succesfull trader, then you only need to do one thing, just relax and be patient and do not hurry by trying to catch a profit, because you are gonna lose a lot of money because of doing it so

Trading is about hard work and time commitment. It needs time to study trading skills, quality traits, the important knowledge to acquire, and the passion to trade. If you don't focus on your trading goals for success, and are afraid to face miatakes then you don't have to be surprised if you don't make much progress.

[BLAST2MARS]

I totally agree. A small percentage of profits is nothing to a 100x return of investments. You need to put those short-term tradings into giving a lot of time of research where you will get your guaranteed 100x  of profit.

[ici_lemmy]

I completely agree with you. Let's research carefully and find out some coins to put into your money. If you hunt too many coins, you are easily to lose your controls.

[jonaire99]

Never stop learning even if you are already a pro if you want to become of the succesful traders. Continuous learning is necessary to further upgrade your skills or expertise in trading. You should also updated regularly on many new methods of trading from many trading experts around the world. Successful traders are not only hard working and well-educated, they must have self-discipline and can't be swayed easily by any market events.

[binbim229]

shutdown and wait. It is like we are waiting for the future. That is my experience: D

[GawirZZ]

if you want to succeed in trading you must know first the market, coins and you must be patient in trading in crypto because it is very risky. the most important thing you should be able to analyze the coins.

[angrynerd88]

If you want to successful in trading educate yourself and learn to control the emotions.Invest in stable coins having good market cap and avoid to invest all at one place.Learn to know the charts and the factors which influence the market to fluctuate and take decision accordingly.

[Sakash]

In my opinion, if you want to succeed in the trade, you must have a good idea about your trade. Trade opportunities should be used. The risk of trade is to be done. And if you can do this, then surely you will get success in the trade.

[george888055]

If you want to be successful in trading start with small amount. Usually traders had big losses when starting out.

[deppil]

If you really want to be a succesfull trader, then you only need to do one thing, just relax and be patient and do not hurry by trying to catch a profit, because you are gonna lose a lot of money because of doing it so

I think besides patience. the first thing you must have is skill and knowledge because it is useless if you have patience but lacks of skills and knowledge. of course that you will produce still a loss? so all the positive things like patient, relax, skills, knowledge, etc you'll probably need that

[Fulmand]

I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.

Trading is a very risky kind of investment that everyone should be done in a very careful manner. It needs a thorough observation and study on a different strategy, yes spotting in any probable site before initiating a trade is a good move to ensure that you always a have profit, though trading needs skills and knowledge on how to do it, but it should also be accompanied by luck because of my poor opinion luck is the right hand of success.

[duc4487]

successful in trading day? ) i think there are not many people can win in trading days,maybe 1% for winer,it is very difficult with the market,i think we should invest for long time,we should chosen good coin and buy at the market strong fall down,not buy when the market strong grow up,buy a little and little not buy 1 times,and set the price you want to buy

[Ejanend]

If you want to be successful in trading start with small amount. Usually traders had big losses when starting out.

If you want to be successful in trading, you need to have good market knowledge and well planned strategies. Not only his but the decision of choosing a particular coin and whether to hold or sell and the long term and short term trading thing is of great value in determining the level of your trading. Having said that, if a man focuses on all these factors, he will end up having riches.

[gurang]

I think first step to become successful in trading crypto currencies is learning and reading more before starting, and also getting some experience (by risking some small amounts in the first trades). Without good knowledge and experience, it is hard that you get good profit by trading, because it is still very risky field.

you should ask some help to expert about that to have you some tips how to start that, and of course knowledge and be wise, and trust to yourself that you can overcome and you will be success

[Harley29]

If you really want to be a succesfull trader, then you only need to do one thing, just relax and be patient and do not hurry by trying to catch a profit, because you are gonna lose a lot of money because of doing it so

I think besides patience. the first thing you must have is skill and knowledge because it is useless if you have patience but lacks of skills and knowledge. of course that you will produce still a loss? so all the positive things like patient, relax, skills, knowledge, etc you'll probably need that

Right specially for day traders it is very important to gather fine knowledge about trading so it will reduce chance of lose for you, if you will have good information no one will be able to scam with you and you will earn high, if you are new it is good to use long term trading but in case of your choice you can choose day trading as well but get good information and make your knowledge wide to reduce the risk and expend your profit for long term to make bright future.

[Fatunad]

If you really want to be a succesfull trader, then you only need to do one thing, just relax and be patient and do not hurry by trying to catch a profit, because you are gonna lose a lot of money because of doing it so

I think besides patience. the first thing you must have is skill and knowledge because it is useless if you have patience but lacks of skills and knowledge. of course that you will produce still a loss? so all the positive things like patient, relax, skills, knowledge, etc you'll probably need that

Right specially for day traders it is very important to gather fine knowledge about trading so it will reduce chance of lose for you, if you will have good information no one will be able to scam with you and you will earn high, if you are new it is good to use long term trading but in case of your choice you can choose day trading as well but get good information and make your knowledge wide to reduce the risk and expend your profit for long term to make bright future.

Trading career can really give out a bright future if you did it well but acquiring this skills wont really be easy and it takes time and lots of trial and error before you would able to attain or achieved such state. Success cant be obtained overtime and most veteran traders do really know that and when it comes to profitability then there no doubt this can really give you that opportunity to have a decent way of living.

[arthotdog]

If you really want to be a succesfull trader, then you only need to do one thing, just relax and be patient and do not hurry by trying to catch a profit, because you are gonna lose a lot of money because of doing it so

I think besides patience. the first thing you must have is skill and knowledge because it is useless if you have patience but lacks of skills and knowledge. of course that you will produce still a loss? so all the positive things like patient, relax, skills, knowledge, etc you'll probably need that

Right specially for day traders it is very important to gather fine knowledge about trading so it will reduce chance of lose for you, if you will have good information no one will be able to scam with you and you will earn high, if you are new it is good to use long term trading but in case of your choice you can choose day trading as well but get good information and make your knowledge wide to reduce the risk and expend your profit for long term to make bright future.

And the most special thing is make a deep researches before buying your coins that maybe use as trading materials,because if you dont make such move then you'll be facing failure.

If you want to be successful in trading start with small amount. Usually traders had big losses when starting out.

If you want to be successful in trading, you need to have good market knowledge and well planned strategies. Not only his but the decision of choosing a particular coin and whether to hold or sell and the long term and short term trading thing is of great value in determining the level of your trading. Having said that, if a man focuses on all these factors, he will end up having riches.

Its easier for us to say,but lets admit that even in our own trading its being harder to apply this all,because this will take lots of time to be perfect