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Author Topic: Master the trading  (Read 3034 times)
qwirtiii
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June 06, 2018, 10:20:10 PM
 #121

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?


In my opinion, You need more time specially to those new in trading or bitcoin. It is not easy as far as i know, cause it takes time and self studying in this terms and of course you need you brain with full of knowledge.

Being Newbie is not easy at all, You must know more about bitcoin and enchance you mind to read and understand what that passage says. And I guess being professional trader needs effort. They need to research and apply it during their time on trading.
Finestream
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June 06, 2018, 11:25:22 PM
 #122

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?


In my opinion, You need more time specially to those new in trading or bitcoin. It is not easy as far as i know, cause it takes time and self studying in this terms and of course you need you brain with full of knowledge.

Being Newbie is not easy at all, You must know more about bitcoin and enchance you mind to read and understand what that passage says. And I guess being professional trader needs effort. They need to research and apply it during their time on trading.
Yes.Even professionals still need to be updated about the current events in the market because sometimes losing some profit cannot be avoided if the thing you expect to happen does not happen at all.Day trading demands more than a skill or mastery so you need to  have onhand experiences in trading as much as you can.

RasicaOla12
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June 07, 2018, 02:19:06 AM
 #123

In my opinion this is depend on the your effort and psycology when learn to be expert trader. 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  from analysis and not from emotional.
Have you mastered the deal yet? Do you want to be a good trader? Know the basics of the deal and be safe when you trade, master trading is that we know how to do transactions depend on other things.
Joyawan13
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June 07, 2018, 03:11:48 AM
 #124

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 true there is also a trade as a skill, and for beginners for example can not do it they can learn, long or briefly I think depends on each person, because everyone has the ability to think differently, so if we have willing intention learn definitely can, the important never despair, maybe with the beginning of our defeat it should be a valuable lesson.

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June 07, 2018, 03:33:59 AM
 #125

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?

Each of us has its own timeline of learning. Others are slow learners and others are fast learners. It depends as well on how much effort are you putting to learn or just learn when you feel like it. If you are consistent and willing to learn then it may take months to learn and have a strategy but to be able to have a profitable trading career then it will take years. Experience is the key in trading. Through this way, you will be able to manage your emotions which is the biggest hindrance when trading since it clouds your judgment.

dungthuy
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June 07, 2018, 04:20:40 AM
 #126

trading days is really difficult with everyone,you have to perdict the market,sensitive with the change of market,you need more exprience and more information on the crypto market,with me after time i trading day i know i don't enough skill to trading days,so i deceide i will invest for long time 9-12 month.i think this is good deceiding
lienfaye
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June 07, 2018, 04:29:07 AM
 #127

I dont think there's a specific answer on how long you should practice trading because some traders takes years before they called themselves a pro and others takes just few months to learn and be an experienced trader. It depends on how you can deal with it and only you can answer the question, if you give so much time and effort to master the trading then you might get it easily. However its better to take it slowly and dont put huge capital for your first try, I think small amount will do since you're still a beginner and there's a lot more to learn.

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putrisa
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June 07, 2018, 05:28:30 AM
 #128

they seem to rely on their experience and expertise to be able to benefit from daily trading, and certainly their experience will not want to share it and the many secrets of their trading success but they do not want to give too much information to new traders...
Sengoko
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June 07, 2018, 06:12:32 AM
 #129

To be honest, I don't think that there is any specific time limit where you can say that this person is master in every form of trading. In fact, I believe that there is no such limit and even the highly experienced person is still learning and improving his trading skills each and every second irrespective of how much my money he made in the past.  Generally, it is said that if a person is doing any activity for more than 10,000 hours then he gains expertise in the same activity but as I said even Warren Buffett is still learning something new each day in trading.
  You have said my mind Actually this is not the end of the study at the market,
The thing with trading is that you learn each and every day as you keep trading because even after learning, you are still going to be making some mistakes in the market which in any case, you will always have to learn from as well to be able to build the confidence to form your pattern at the end of the day. Trading is a lot complex most especially for a market like the cryptocurrency market, and you really would want to take your time to get it right.
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June 07, 2018, 07:54:09 AM
 #130

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?

I guess it depends on the person whether he would learn early or not at all. So no matter how long or how early we started trading, if lessons in trading is not learned then it would be useless.
Yeah, and no matter how you are able to learn early though, it would still take some time before you can even start doing it right. It is not that easy honestly while trading a market because a lot of things are entailed into having your own strategy at the end of the day. There are several strategies to trading and most times, you may need to make mistakes in some, look for ways to do it better, make some losses in the middle of it all, before you finally get it right. Sure, you may get it faster than some, but that depends on how ready you are to learn and how dedicated you are to it.
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June 07, 2018, 08:03:22 AM
 #131

It is several years and several lost deposit just then you may consider that you are experienced trader and of course finally you must be with positive income to consider yourself an advanced trader. It is not so easy as it seems.
There are some luckers who earned on bitcoin boom but now market has changed.
Yeah! Several years of losses, mistakes, more learning and so on. You cannot always get it right once and it takes some level of dedication before you can even be able to get there. A lot of wannabe traders actually do think it is easy, but they always end up getting frustrated after losing some money.

There has never been any trader even in their starting years, that will not always end up having some little losses and making some mistakes here and there even after learning, but in any case, as long as you are dedicated to it, you will always learn from those mistakes, build up experience and get better but all these things take years.
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June 07, 2018, 08:54:31 AM
 #132

I do not think there is a master trading here, if I can see there are only people who are still learning about trading because I know science will not just stop but there will always be many developments every second.
gabbie2010
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June 07, 2018, 09:15:53 AM
 #133

In forex trading there is an option of demo where a trader will have the opportunity to practice using virtual money this will enable the trader to perfect his trading skills meanwhile some mt4 forex platforms had also incorporated Cryptos where a trader can test his skills and after consistent profits making he or she can go into live trading.
Trading is not just buying and selling it involves a acquisition of both technical and fundamental analysis.

yvesp110
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June 07, 2018, 07:05:50 PM
 #134

Daytrading is obviously a skill, and if you do not master it, you wont make much profit in a long term.
You need to have a good knowledge before jumping to the pool, otherwise you will be lost.

Trading should be continuous and you make profit continuously without any loss or problem so that you may be able to invest for long term because in long term you will get the most possible profit while in short term you will get less profits after each attempt and this is mainly happening in trading as you buy and sell continuously and make profit with it. You can also hold for long term while trading but you would need to make able to upgrade.
BerneirBTC
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June 12, 2018, 02:01:12 PM
 #135

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?
Day trading must require some extra ordinary skills to win with it.. Practicing intensively will definitely help anyone but most people are suggesting to go for holding instead of struggling with day trading. Making more profits is the goal for all of us but preventing losses also should be our goal which is not possible with day trading most of the time.
Hold good
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June 12, 2018, 04:12:51 PM
 #136

In order to do this, I think you have more experience in investing. To master a good deal, there are many new experiences that can do this.
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June 12, 2018, 04:20:11 PM
 #137

master trading here seems very much but not too many who want to give knowledge to new people maybe because they do not want in competitiveness so better not to give too much information to new trader.
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June 12, 2018, 04:27:29 PM
 #138

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?

Its depend on you how you trade.Always remember Learn Things from your mistakes.

It will take approximate 2 Years if you do fultime day trading. then you will become expert user. whenever you do any mistake you will learn lots of skill.
You have to wait coin to rise then sell off.

You have to do daily experiments on trading
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June 12, 2018, 04:35:22 PM
 #139

I think what is important is that you master your own method of trading.  It will take some time for you to come to a  conclusion that you have perfect and master your own unique way of trading but once you have your method perfect you can always win your trade continually!

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June 12, 2018, 07:22:08 PM
 #140


To become a master trader the fundamental is a good research and market analysis.
Adoption to changing market conditions is very important for a trader. Discipline and
patience are  trademark for a successful trader. Losing traders rarely learn from their
mistakes while master traders do. All this comes with practice and experience.

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