Master the trading

[justspare]

It varies , Depends on how smart you are , how hard you try , how many books you read , how many experiences you experience  ,how many youtube videos you see, but It wouldn't be long if you are eager and don't afraid of losing .

Being smart actually covers it all because only those who are smart will know they need to read first to be able to master the art of trading well and also those who are smart will know that even after reading, they need to start practicing with so little until they are very sure they are emotionally ready for trading with a bigger amount which a lot of trader always skip all in the name of quickly hitting big bucks.

Losing is part of the trade but not profiting more and losing a little less is what makes one a good trader. mastering the trading will be feasible for anyone when they look for opportunities to learn on their failures. It means we should not repeat the same mistake at the same time, we should foresee things to avoid similar mistakes too.

[xitrum]

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 think that at the moment you have to be careful when trading, you can see that bitcoin prices in recent days are constantly fluctuating and difficult to guess, the market is constantly falling, bitcoin prices and altcoin are continuous decline. So the trade at this time is very difficult, you need to analyze accurately, track prices bitcoin and combine with market news to get the most accurate view.

[drachman]

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 that trading is something in which you will improve by practicing it but it is not as simple, you need knowledge as well and even more importantly you need capital, there are many things in which you can practice something over and over again and you do not need money but when you are trading bitcoin if you lose your capital you cannot practice anymore until you get more money and depending in your financial situation that can take weeks or months.

[wuvdoll]

it really can not be targeted because it will really be slammed with individual nature. there are people who are able to learn from experience very quickly and even some are always repeating the same mistake....

Righ. The thing is that some will make mistakes, learn from it to build up their experience and get better while some will start complaining about everything and rather than learn from their mistake, they keep repeating the same thing over and over again until they get frustrated and leave trading completely.

Trading is not a small thing that someone should just be gambling and those who are always ready to learn and dedicated to that will always get better in the long run which is what makes the difference.

[futile-resistance]

You will be a master in trading when you can trade in any market condition and steadily increase your deposit. Everyone achieves this in due time.

Yeah, as long as you are sure of what you are doing, you are making a lot of money from trading in any condition, then, you will be a master in your own way.

However, being good is actually the way to go and earning pretty well, because one thing I have come to realize in trading is that you cannot be a master of all as you will need to just find your own strategy and get good at trading that strategy without any emotion attached to your trading style.

[coinplus]

Maybe I see a lot of tutorial about trading, Tutoring candlestick or any trading strategies. I think it's not predictable what trading market will be. Sometimes when you read a chart it's alternate. You cannot go to the flow of what market will be.

Maybe while learning, you missed the part of learning where to place your stop loss. In case you do not know, trading is more or less like an educated gambling and you want to be very sure you are making the right decision most of the time which is why the TA and FA are there for you but not like you are going to be right 100% of the time as there would always be the situation you have mentioned most especially in this volatile market. The best thing is to always make use of your stop loss and know where to place them.

[lavishlifing]

If you're into day trading, you should master the Technical Analysis, what is TA? TA is a trading tool employed to evaluate securities and identify trading opportunities by analyzing statistics gathered from trading activity, such as price movement and volume.(Investopedia)

[acheampong64]

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?

Well as you just said, it is one of the most difficult things to master in crypto. You have to learn a lot and follow a lot of discussions so as to get the know-how. Well, to me I think you can personally determine whether you're now a good trader or not based on your trading profile(your profits you accumulate and your ability to detect prospective coins and so much more).

[boynamnhi]

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?

You can see that after the bitcoin price fell to $ 6400 then at the moment the bitcoin price has rebounded and recovered to the $ 6500 level. I am very hopeful that the bitcoin price will be able to rise to $ 7100 so altcoin can recover and sharply increase. I believe the price of altcoin will probably continue to increase and this is a very great time for you to start trading altcoin.

[neite99]

sometimes it last for a couple of months to become an advanced trader sometimes around 1 year and sometimes a lifetime. It is not about the time but the person and his skills as well as the intelligence.

[badungs]

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?

daily trading in my opinion at this time very much do it. look at the current market conditions that are like a wave that is not too big, I think a lot of people who do daily trading. yes, it is a skill that is needed to do daily trading in order to gain profit. I think not only skill, patience and hard work is needed in daily trading. by always seeing the state of the market every day, and doing a strategy that can generate profits. I think the time it takes from beginner to do daily trading depends on each person. the most important thing is to always learn about trade speculation and always read the latest news about cryptocurrency. because I think the news greatly affect the state of the market.

[Saidmod]

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 can't answer it directly because i have a long time to learn from 2014 im in bitcoin and doing some trading with shitcoins. It can be learn in rush it will be learned step by step from taking knowledge in researching and followed by techincal anaylsis and so on. This depends on a persons time and effort how he will pursue to learn this things as experience will stand as his coach and mistakes willl be the challenges.

[maxreish]

Experience is the best strategy for that. Even if you are a newbie but you've learn on yourself the strategies in trading, you can still be an expert just a lesser time than expected. Though i must say that trading is risky and uneasy there are a lot of ways to learn it with an engaged efforts.

[sevendust777]

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 day trading needs skills and experience is the best teacher when it comes to trading. Every trade you do you learn something. It depends on the person on how determined he/she is to learn and with the right people who will guide them. I know some people who trades for 3 years but still they ask people and even learning from new ones. So it really depends on you buddy.

I suggest you start learning TA's (Technical Analysis). Will help you a lot in your day trades.

[tanjilrifat]

They still aren't confident enough to bet on their skills and make decisions on their skills and analysis alone.the price of altcoin will probably continue to increase and this is a very great time.

[darewaller]

there seems to be a lot of master traders and lots of developers knowing tricks and deeper trading tips, but I'm sure they will never want to teach you to trade properly and always be able to earn profits because that is the secret of their success gained from experience who once was in the past.

They all started learning gradually and then got better with experience and you cannot expect them to just spoon feed you. The resources are everywhere and it is your choice to use them or not to. A lot of people do not want to learn and that is the main reason why they flop a lot when it comes to trading. It is always good to learn, master what you have learned by taking your time to practice so you can get better and then seeing how that builds your confidence over time.

[untugede]

there seems to be a lot of master traders and lots of developers knowing tricks and deeper trading tips, but I'm sure they will never want to teach you to trade properly and always be able to earn profits because that is the secret of their success gained from experience who once was in the past.

They all started learning gradually and then got better with experience and you cannot expect them to just spoon feed you. The resources are everywhere and it is your choice to use them or not to. A lot of people do not want to learn and that is the main reason why they flop a lot when it comes to trading. It is always good to learn, master what you have learned by taking your time to practice so you can get better and then seeing how that builds your confidence over time.

that's what new traders have to do, without us learning and learning what we do not know we'll never be able to trade well, so if we have the will and want to learn what we do not know yet, I'm sure we will know little by little how to trade well, as long as we are not lazy and spirit in trading, in the end we will be able to trade well and can get many benefits of course.

[drachman]

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?

Well as you just said, it is one of the most difficult things to master in crypto. You have to learn a lot and follow a lot of discussions so as to get the know-how. Well, to me I think you can personally determine whether you're now a good trader or not based on your trading profile(your profits you accumulate and your ability to detect prospective coins and so much more).

When it comes to making money in this market or in any other market being a good trader is one of the most difficult things to do but at the same time many people want to become one of the few that are able to master it since it is one of the most rewarding, can you imagine earning not only when the market of bitcoin goes up but also when it goes down?

[websoftwareengineer]

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 does not matter how much you spend on the market to trade because if you cannot control your emotions like selling your coins due to panicking then you will lose a huge amount of profit, you can always use your experience in order to improve your trading skills.

[danherbias07]

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 does not matter how much you spend on the market to trade because if you cannot control your emotions like selling your coins due to panicking then you will lose a huge amount of profit, you can always use your experience in order to improve your trading skills.

So he is also half right.
Practicing will make you better. You are gaining the experience that no one can with just reading.
You practice. You lose. You win.
Losing and winning will make you think of what your next move should be on your next trade. The panics will go out once you reach the peak of making those kind of decisions.