Kentot07
Newbie
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Activity: 266
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May 01, 2018, 08:02:00 AM |
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I really want to learn how to become a trader. Everyday I lose Eth or Btc because i didn't know how to trade. If someone teach me,I am very thankful to that person.
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cruzjoel12345
Newbie
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Activity: 54
Merit: 0
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May 01, 2018, 09:37:40 AM |
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To become a trader you must first have a bitcoin to trade then make account in binance.com and learn to read chart just watch videos on youtube. Study the basic candlesticks and basic pattern.
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ToyotaFortuner
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May 01, 2018, 09:55:15 AM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
to be a trader in my opinion it's very easy you just need to sell and buy it with your own capital you buy bitcoin after that when the coin price you have up then you can sell it and make a withdrawal.
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Lizzardis
Newbie
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Activity: 106
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May 01, 2018, 10:05:10 AM |
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Nothing more than $ and application of your choice if you want to be a trader in 2018. Oh, yeah, don't forget hard work, intuition, and readiness to bear first punchies)
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kateryana81
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May 02, 2018, 08:18:32 AM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
Your friends are correct when they say to you that being overemotional is going to have a bad effect on your trading ability however that is just the beginning in your road to become a trader before you begin you need to read a lot of books not only one read several so you get several perspectives about how to trade, it is very likely that is going to take you months before you make your first trade but that is better than to lose all your money on your first week. To be a successful trader we also need to learn how to control ourselves, our method is very important but it's gonna be useless if we lack the ability to implement it. We should set aside that emotion and be focus on trading and consider this as your passion with the purpose to succeed in the long run. The method totally depends on what sort of trading rather asset one has chosen for this purpose.But there are some basic traits and principle of traders. As far as his skillset goes, a trader must bear a calm nature or he won’t be able to make timely decisions which is the key to making profits.His actions must be in accordance with the rule no.1 of trading, “buy low, sell high”.
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mstfprcn
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May 02, 2018, 08:38:52 AM |
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firstly you can start from here, this forum is a great source for all kind of your questions, and than you can generate your strategy and start treading with small amounts. Pls be carefull, before money, you have to gain experience.
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Getmon
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May 02, 2018, 09:05:25 AM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
After you are informed to do away with emotions, you may proceed to observe and explore the trading platform of your choice. Just follow the movements of the prices and the buy and sell orders. You need to know the coins being traded as well. At the same time, you also need to get to know the coins. This is very important. Please familiarize yourself with the traded coins and their project.
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wildan88
Legendary
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Activity: 1862
Merit: 1046
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May 02, 2018, 11:45:03 AM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
I think crypto trading is quite different with forex trading, so you don't have to be smart about the candle sticks, because crypto trading depending on demand, project, rumors, and news. so I think the most important thing for trading in crypto is you know the coins, about project and roadmap. your friend is right, emotions are very important because trading that requires patience, and in the end, patience will benefit.
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Seeker#9
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May 02, 2018, 12:40:05 PM |
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Try to find out first if you are really want to become a trader seriously and if you are determined to join the trading then be ready. Trading is always risky and there is a possiblity of losing your money so you must use only the amount you are ready to lose. To minimize your future losses, educate yourself first with adequate knowledge on trading and risk management.
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MRY
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May 02, 2018, 12:42:36 PM |
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that's right, to trade you should stay calm and be able to control the emotions because it takes a quiet mind and a good strategy to be able to get a profit, if you are wrong in making decisions then you will lose
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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May 02, 2018, 03:29:20 PM |
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be knowledgeable first. to analyze the markets well. follow the finance agenda. These are things that are primarily needed. then it is necessary to manage the capital well. Taking huge risks can increase profits, but I think that is not a good method. If you divide the capital, you can make more profit.
Yes, the ability to do analysis is the only thing that can easily help anyone to know how to deal with the market as a trader and understanding fundamental of the market as well pretty helps a lot. Trading itself comes with a lot of huge risks which sometimes you lose and sometimes you profit, but the good thing about being knowledgeable is that your profit is always going to be far more than any loss that you would not even feel it. to trade you should stay calm and be able to control the emotions because it takes a quiet mind and a good strategy to be able to get a profit, if you are wrong in making decisions then you will lose
Controlling our emotions is a must task everywhere so that we may stick within our plans. Trading is a highly sensitive activity where one wrong decision may go ending up all the capital into zero. To become a perfect trader, we must learn tricks to control our emotions.
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Crypto_trader87
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May 02, 2018, 03:33:10 PM |
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To become a trader is easy you have to buy low and sell high for a good profit in the future. I always hold in long term trading to make sure the profit.
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AK47-
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May 02, 2018, 03:42:07 PM |
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First of all trading is not for everyone. If you are not good with analysis, charts, controlling emotions, risk management, it is better to go for long term investment instead of doing trading that usually account for short term. Emotions are definitely need to be out of the scene. You are not going to make instant profits. Start with small amounts to test the waters. Read news and updates about various coins and instead of putting your real money. Just do a theoretical trading for the start, I mean make an excel sheet, right down the entry point, stoploss and expected profit. Then analyze the market for the same, just on the paper for the start. And when you gain some confidence with your analysis, start with real money.
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Mia_pikachu
Member
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Activity: 333
Merit: 11
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May 02, 2018, 05:58:53 PM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
it is better to do so, learning to trade with friends who are proficient to trade is the right choice, and of course we will be quick to know and understand how to trade properly, traders must be able to control his emotions, because emotions are our biggest enemies when doing trade, in addition we must be able to train our patience of.
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MASDAS87
Newbie
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Activity: 78
Merit: 0
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May 02, 2018, 06:52:30 PM |
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I think every trader should have clear concept about crypto trading. you have to knowledgeable first to analyze the markets. very important thing is you have to patience. if you have clear concept you can earn more money by the trading and more money from that job. I think trading is not for everyone. first of all you need to learn about trading and then your can continue with trading. If you are not good analysis with cryto markent then you should not trading. you can learn trading form your friend and another person who have enough knowledge about crypto trading.
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Finestream
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May 02, 2018, 07:55:09 PM |
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that's right, to trade you should stay calm and be able to control the emotions because it takes a quiet mind and a good strategy to be able to get a profit, if you are wrong in making decisions then you will lose
I must agree.Trading is not just an easy thing to do.It requires big preparations before engaging into trading.And having a good analysis on the movement of price market is one thing that could lead you into a successful trader.And trading is intended to make profit so focus on your money goals,and not on your emotional satisfaction because that will lead you into failure if you make it a center point.
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sarjilcse
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Activity: 252
Merit: 10
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May 02, 2018, 08:13:53 PM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
First of all learn how to trade. to learn you may read article about crypto and crypto trading. secondly buy some bitcoin/ eth using coinbase or other exchange site. finally you trade in . binance , etherdelta,kucoin,bittrex,livecoin etc..
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grosminer
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May 02, 2018, 08:21:29 PM |
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To become a trader you must first have a bitcoin to trade then make account in binance.com and learn to read chart just watch videos on youtube. Study the basic candlesticks and basic pattern.
You don't need a full bitcoin to start trading.. you can transfert fiat to an exchange and start trading. There's a lot of indicators that you can use, you gotta dyor first and then choose which one you like
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mia khalifa
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May 03, 2018, 01:16:06 AM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
to be a trader I think it is very easy you just need to use the capital and you just need to buy it after selling just sesimple it, after buying after that save until the price goes up and back green after that you can sell it. just as simple as that.
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Hemady17
Member
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Activity: 505
Merit: 35
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May 03, 2018, 05:47:53 AM |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
Actually your friend is correct about the emotions and candle stick. But there are lots of things you need to consider to become a trader. You need to learn the two basic analyses the fundamental and technical analysis. The books you need to read at least one are the following: 1. Market Wizard 2. 2. Reminiscences of stock operator 3. The New Market Wizard 4. How to Make Money in Stocks 5. One Up on Wall Street It is also important that you have a coach in trading because they will shorten you the learning process.
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