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Author Topic: How to become a trader?  (Read 2339 times)
noormcs5
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April 20, 2018, 08:18:51 PM
 #41

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.

Yeah, teach everything about trading, less then it is count in your experience and you will be able to do trade behalf of your experience and then one day you will be a good and big trader. But every day you will learn one thing, it is becasue our experience never end up and in trading we learn from our mistakes. Control Emotions and take right decision on the spot make us good trader.     

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April 20, 2018, 08:55:17 PM
 #42

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.
As you can see many trader are successful because they know what they doing and control your emotion are the one secret for you to get a good profit. Search more and learn more before you enter the trading zone.
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April 20, 2018, 09:14:59 PM
 #43

You need more than that to trade! There are plenty of websites and youtube videos from which you can learn at least the basics.
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April 20, 2018, 09:23:01 PM
 #44

Buy cryptocurrency and sell it, congrats you are a crypto trader but to be a good trader, you need to repeat that a lot of times and learn from that

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April 20, 2018, 10:31:55 PM
 #45

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.

Dude, you should use the simplest and most effective strategy, buy and hold for a year or buy and hold for many years, day trading, doing TA to predict prices will cost you a lot of losses because this market is driven by negative news and positive news. that is why the most practical and profitable is you investigate the currency, buy the currency and hold for many years. This will save you a lot of headaches.

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April 20, 2018, 10:43:16 PM
 #46

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.
You can see that the market is volatile and complex, so becoming a trader and being able to trade successfully takes a lot of time and money. You need to learn a lot of things and also have to spend a large amount of capital to be able to experience the reality and give the experience and lessons for yourself. The market is volatile and difficult to predict so you need to have a clear and concrete plan before investing.

I think that The Most experienced traders would prove that the successful  it depends on many factors including hard work, research, planning, discipline and being a lifelong student of the markets. As with many businesses, there are certain principles that, and we can use the chances well  that the trader will be successful in or life
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April 20, 2018, 11:09:03 PM
 #47

One of the most important is managing emotions and training them. Trading is not easy to predict so we have to be ready for various market situations. Good decision-making and prediction are necessary, with good consideration based on the current market information. The point of trading is the combination of skill trained from various experiences, everyone can be a great trader.

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April 21, 2018, 12:45:15 AM
 #48

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 right, the most important things in cryptotrading are control of your emotions and discipline. Anyway for beginning you need to learn how to determine support and resistance levels, direction of trend, what is the technology blockchain and make research about some top projects.
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April 21, 2018, 01:21:29 AM
 #49

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.


Learn about what do you find in the net (bitcoin , blockchain , altcoin , how all this does it works ) , search on google , youtube , in this forum , reddit  . talk with the concept with friends and begin tranding with small amount , after you will find you self opening coinmarketcap every 5 min Smiley
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April 21, 2018, 06:19:10 AM
 #50

what your friend says is true. The most important thing to control the emotions, usually our emotions are not controlled when the price of dump / fall and sometimes there is a thought for cutlose
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April 21, 2018, 02:36:59 PM
 #51

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.
If you want to start trading know it is little risk because current scenario. Because we don't predict the exact possibilities so better you should invest in long term. But if you need to try this platform you should choose carefully because you must read the white paper and chart of the coin. Then only we should find the best coin in trading.
Knowledge is one certain thing to definitely have when it comes to trading and a lot of people always miss this.

Though his friends told him to trade candle, which is not bad, but trading candles is not the only thing that is involved, there are some other indicators that can always help to make good decisions and unless one is conversant with them, it would be a very hard thing trading in a very volatile market.

If he wants to trade, he should read all that is possible and find which best suits him and stick with that, but one thing with trading is that one pattern does not fit it all as you always have to re-strategize once in a while.

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April 21, 2018, 02:52:17 PM
 #52

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.


That's right, trading is risky because doing it so without enough knowledge could just lead you to unnecessary losses. As you begin with trading, you must first adopt the changes and start gaining knowledge about it. You could ask for your friends for help but you better have enough patience for it as well.
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April 21, 2018, 03:03:41 PM
 #53

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.
If you want to start trading know it is little risk because current scenario. Because we don't predict the exact possibilities so better you should invest in long term. But if you need to try this platform you should choose carefully because you must read the white paper and chart of the coin. Then only we should find the best coin in trading.
Knowledge is one certain thing to definitely have when it comes to trading and a lot of people always miss this.

Though his friends told him to trade candle, which is not bad, but trading candles is not the only thing that is involved, there are some other indicators that can always help to make good decisions and unless one is conversant with them, it would be a very hard thing trading in a very volatile market.

If he wants to trade, he should read all that is possible and find which best suits him and stick with that, but one thing with trading is that one pattern does not fit it all as you always have to re-strategize once in a while.

A traders need some little quality to be a good in his trading and some of them are experience and patience if you had these these things with little intelligence you will get a stable earning for sure for many years.

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April 21, 2018, 03:14:42 PM
 #54

You have to learn firstly and getting good knowledge about trading crypto currencies before start trading. If you dont have the knowledge about the basics at least, you re going (most likely) to lose your hard earned money by making bad trades. Learning how to choose the most profitable coins to trade, how to analyze and study the market and the chart are a must before starting.
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April 21, 2018, 03:43:02 PM
 #55

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.

You have already been directed to the right track. The secret to become a good trader is indeed PREPARATION. Research technical analysis, read forum posts and documentation and always remember that there is no such thing as the perfect trader.

EVERY TRADER at times has positions that will end up in a loss. However, the more you study and research the more you will reduce the chances to be at loss to the minimum.

NEVER feel that you know it all with trading. There is ALWAYS a chance to refine your skills. Learn from what successful traders do, ask questions and again, once more, research, research and research even more. I will be worth it.

Avoid being driven by pure greed and emotion and profit will come, it is not impossible at all.
InvestICO2L
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April 21, 2018, 03:57:10 PM
 #56

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.
As you said you were taught the way to join and work in trading sites if you had begun buy and sell bitcoin or altcoins on these trading sites then congratulation! You was a trader. But to able win trader and earn money in this market is not easy. 90% of traders will loss their money when beginning. Not So, only the basic candlestick and control emotion you should also learn much knowledge about technical analysis like: Bollinger Band, RSI, MA...... before start trading.
okissabam
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April 21, 2018, 04:07:20 PM
 #57

Your friend did say some good points when you want to become a trader, first is you have to set aside any emotions especially when the market is down; that's when your emotional and would not understand how you want to go over your portfolio so it would be best to stay out of trading when the market is red or down. Secondly is not just the candle sticks but also read some beginners guide to trading, you can just google them and once you are familiar with the basics of trading that's the time you learn those candle sticks so you won't be confused or loaded with information you barely understand.
Sadlife
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April 21, 2018, 04:14:45 PM
 #58

To become a good trader you need commitment to learn and have knowledge about trading and most importantly how much are you willing to risk just dont invest money you can't afford to lose. And a good strategy when to buy or sell and have and entry and exit plan in your investment.

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mace15
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April 21, 2018, 04:32:10 PM
 #59

To become a good trader you need commitment to learn and have knowledge about trading and most importantly how much are you willing to risk just dont invest money you can't afford to lose. And a good strategy when to buy or sell and have and entry and exit plan in your investment.
This is very important to become a trader is to learned the basics so you will know how to start. Always understand the risks because without understanding it losing money will experience. Absolutely you have point don't invest on what we can't afford. Think and gain knowledge before trades for the better future.
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April 21, 2018, 04:33:37 PM
 #60

To become a trader in the crypto market, I think you need to master some of the following principles:
1. Have a solid understanding of the business sector (cryptocurrency)
2. exchange experience accumulated on the market when trading.
3. Have information and observation.
4. Have the bravery and patience.
Objectively, factors such as luck - opportunity, also contribute significantly.
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