Nonie
Full Member
Offline
Activity: 560
Merit: 100
BBOD Zero-Fee Exchange
|
|
May 28, 2018, 05:31:22 PM |
|
yes that skill is not just a matter of luck, you need that knowledge to know the right time to buy and sell that is candle analysis. there are many places of learning it may be on google or youtube very much refrensi about it learn there
|
|
|
|
Svelto
|
|
May 28, 2018, 05:40:35 PM |
|
IMO, there is no specific time for you to master trading. It depend on each individual. In any case, don’t be bothered on the time you need and concentrate on practicing. Even the experienced traders will make some wrong trades.
|
|
|
|
crisanto01
|
|
May 28, 2018, 06:36:04 PM |
|
IMO, there is no specific time for you to master trading. It depend on each individual. In any case, don’t be bothered on the time you need and concentrate on practicing. Even the experienced traders will make some wrong trades.
Yes since experience is always the key for everything and I believe that if we really want to learn trading we will find time to do it, and experience is always the key for everything, we can master it at the perfect time and not for just a couple of month. It would take you at least a year and needs to be focus always.
|
|
|
|
Mahanton
|
|
May 28, 2018, 09:27:36 PM |
|
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
We cant really able to know on what would be the duration for someone to be considered good since people are different when it comes to learning and adaptability specially on trading. People do have different skill and level of learning where people engage on a thing at the same time but the intellect will really differ at any moment and also we do have different will when it comes to decision making. I do consider a good trader when you are already profitable with your trades.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
mulukey
Member
Offline
Activity: 308
Merit: 10
|
|
May 28, 2018, 10:46:14 PM |
|
It depends on your time, effort, dedication, and knowledge. For a newbie study and master the following, Support and Resistance Chart Indicator Chart Strategies Chart Patterns The three types of analysis
The first time I joined this market I advised investors to spend a lot of time learning the basics of the cryptocurrency and blockchain technology. Then learn more about candlestick chart analysis as well as market fluctuations. Try to capture more knowledge to limit risk in this market.
|
|
|
|
hujanderas
Newbie
Offline
Activity: 132
Merit: 0
|
|
May 29, 2018, 03:51:09 AM |
|
Knowledge trades come at a high price so be prepared to lose money too. The more trades you lose the better trader you become because you learn something new from every failed trade. Also, it takes a special character to be a good trader.
|
|
|
|
Wonder_woman
Full Member
Offline
Activity: 674
Merit: 101
I am hired and not own by any Team!
|
|
May 29, 2018, 04:20:33 AM |
|
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
It is hard to master trading. You must consider time and experience, also you need to study trading much.
|
|
|
|
expless
Member
Offline
Activity: 200
Merit: 11
|
|
May 31, 2018, 04:56:07 AM |
|
it really can not be said, because the proficiency of a trader will depend on themselves in how they can properly research and can learn from the experience that has been passed.
In order to master and boost up your trading process or business you need to adopt and follow all those strategies which are using as examples in the market which indicate and clear all those trading processes in the past that produced excellent and huge profits. Now follow all those strategies according to the current market conditions and apply the relevant strategy.
|
|
|
|
franss
|
|
May 31, 2018, 05:18:03 AM |
|
The most important thing to become pro trader is should be have good psycology, just like always patient and dont be greedy. And second one is have knowledge about fundamental and technical analysis. All entry or buy and sell decision depend on the analysis and not from emotional.
|
|
|
|
Indrawan77
|
|
May 31, 2018, 07:57:17 AM |
|
Yes trading need skill, you need to sharpen your skill in reading chart and you also need experience to handle the situation better, if you already got experience you can know the pattern and know what to do and how to prevent further lost, I think it need more than years to build your trading experience to become a good trader, but it depends on how often you do your trade
|
|
|
|
alminium
Jr. Member
Offline
Activity: 112
Merit: 1
|
|
May 31, 2018, 08:52:36 AM |
|
Skills; day trading is luck. You can make money a few days; You may lose some on other days. If you want to consistently make money, overtime, you should be in it for the long term in Bitcoin, and that is in all other traditional investments. It has knowledge of fundamental and technical analysis. All incoming or buying and selling decisions depends on from analysis and not from emotional.
|
|
|
|
charlotte04
|
|
May 31, 2018, 12:07:29 PM |
|
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
Yes, trading is a skill and can't be acquired by just educating yourself with bunch of those chart patterns. You have to study yourself in all means in psychological patterns.
|
|
|
|
nanasei
Newbie
Offline
Activity: 126
Merit: 0
|
|
May 31, 2018, 12:22:29 PM |
|
If you are newbie and very serious to be expert then I can say up to six months consistent with crypto community and other online resources can mould you to be a pro trader. But the real training is when you start to play with real money.
|
|
|
|
samcrypto
Sr. Member
Offline
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
|
|
May 31, 2018, 01:03:36 PM |
|
It will depend on how you work for your goal, learning on how to trade is not that easy you cannot learn that within a week it will take more time to master it. For me, as long as you know how to read charts and the price movements you can now trade and learn more while you are trading.
|
|
|
|
3philong
Member
Offline
Activity: 434
Merit: 10
|
|
May 31, 2018, 01:32:23 PM |
|
I think the time is fast or slow depending on the amount of money you have and your learning. But to experience the loss will also be a lot
|
|
|
|
judemarco1996
Member
Offline
Activity: 210
Merit: 10
|
|
May 31, 2018, 01:40:44 PM |
|
Truly day trading needs skills but i should say that it not only skill are needed in mastery of trading, they also need to be keen observer, sensitive in how the charts are moving and working to make a wiser move to benefit in trading. In able to master the day trading, it need wisdom, good decision making and thorough analysis of charts and price movement.
|
|
|
|
Lumada
|
|
May 31, 2018, 01:45:07 PM |
|
Truly day trading needs skills but i should say that it not only skill are needed in mastery of trading, they also need to be keen observer, sensitive in how the charts are moving and working to make a wiser move to benefit in trading. In able to master the day trading, it need wisdom, good decision making and thorough analysis of charts and price movement.
All that you mention is actually skills. You just elaborated it just to make your post long for your signature campaign. Day trading doesn't need a lot of skills just to be good on day trading especially if you are not gifted. You can simply search for traders group and follow what their strategy. But be aware of fraud trader group. Most of the frauds will forcing you to buy certain shitcoins.
|
|
|
|
darkangel11
Legendary
Offline
Activity: 2464
Merit: 1359
Don't let others control your BTC -> self custody
|
|
May 31, 2018, 01:53:44 PM |
|
yes that skill is not just a matter of luck, you need that knowledge to know the right time to buy and sell that is candle analysis. there are many places of learning it may be on google or youtube very much refrensi about it learn there
With BTC it's mostly a matter of luck. I've been following analysts for years and about 70 or even 80% of them are totally wrong every time. And the funny thing is that some of them use RSI, some use FIB indicators, and the only thing that is usually true is that the obvious resistance levels are usually the turning points. Most people fail to predict whether it will be this or that resistance, so they keep buying every time and selling on the first sign of upward resistance.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
zedicus
Legendary
Offline
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
|
|
May 31, 2018, 02:01:06 PM |
|
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
It is not that how long it will takes. The best is what will a newbie do to be a good trader no week, months or years to be specific it is depends on them how much time, effort and patience he will going to endure to learn those things in a basic rules of trading. A newbie can be good in trading as fast as 1-3 months. It is not easy but it will work on who is very patient and willing to do what it takes to learn.
|
|
|
|
crypmike
|
|
May 31, 2018, 02:33:59 PM |
|
Yo man you are so young and already started to think about trading! This is good news for you (cause you are smart!)
So.. don't waste your time and be focused on trading all your time. You can become very successful by the and of university I know probably as a schoolboy you don't have money but you can start with paper trading (Google Sheets or TradingView)
Wish you all the best
|
|
|
|
|