How to become a trader?

[cryptoblue77]

First of all, learn basics of candlesticks, which is a very important part of technical analysis. There are a lot of candlesticks tutorials in youtube, you can watch those. It would help you greatly.

[Shanmatthew]

If you're friend is already said the basic need in trading then explore it first.try to learn more strategy before you enter in trading.you always need the guidance of you're friend much more better than asking here.maybe a little bit help here in trading sites discussion.

[BitHodler]

First of all, learn basics of candlesticks, which is a very important part of technical analysis. There are a lot of candlesticks tutorials in youtube, you can watch those. It would help you greatly.

What's the point of leaning the basics of candle sticks if people aren't even aware of what the coins are they are investing in or trading with? Also, understanding and accepting the hostile nature of this market is a must.

Let people first get the basics of crypto right, and then decide whether or not it's still worthwhile to start investing or trading. If the understanding of crypto and everything around it isn't there, then trading is like gambling.

People can focus as much on technical analysis as they want, but this market has its phases where this analysis becomes worthless. Even for experienced traders this market involves a higher level of luck.

[btccoffee]

To become a trader you have to a good study first about trading search on google and watch more video about trading. And if you already watc this and do research you can now start trading, buy low and sell high that was the most  basic lesson in trading and in that way you already become a trader. Good luck and welcome to crypto world.

[Elai101]

First of all, learn basics of candlesticks, which is a very important part of technical analysis. There are a lot of candlesticks tutorials in youtube, you can watch those. It would help you greatly.

Well, basically to become a trader then you should all start in planning by exploring about trading strategy on reading articles on the internet and starting the first way by buying coins in order to start trading, but don't expect a good results since every start is prone to fail or unprofitable but don't worry experience sometimes leave a lesson that we can use for the next try to success.

[Jackblack90909]

Firstly you have to spend good time learning more about the basics of crypto trading, at least, and this forum can help you a lot to get such needed knowledge. Starting to trade without this knowledge is the worst mistake, because you re risking your coins obviously. Then start your first trades with small amounts to get some experience.

[SyrulRamadhan]

Yes, it is true. studying candlelight analysis is very important and also controlling emotions is the main key in trading, panic selling is bad. a lot of reading news about the coins is also important I think because it will also affect the rise and fall in prices 

[ArkiCrypto]

To become a trader is easy, but to become a good trader is not. Before you study trading make sure to study first the risk you're going to face, this is a serious stuff just invest what you can afford to lose.

Well to in technical, To become a trader is easy you just need to have:
1. Account (In trading platform)
2. Capital

But if you want to become a good trader you need to learn so much, like what you've said, candlesticks, strategies, etc. You can watch youtubes, do a research online, read blogs, articles, etc. but for me all of the candlesticks and strategies didn't work 100% percent since it's the community itself who's going to decide the price of the coin. I suggest to learn through a real experience a real trading but my tip is just use a small amount just to experience trading and to avoid high risk.

There are also some sites who offers free trading, a simulator trading where in you can do trading with a coins that has no value. Just to experience a real trading.

[bezygly]

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.

Study technical analysis, trading psychology, Elliott waves. But read only when you start with a problem, otherwise you just bury your head. Once you get the basic knowledge, start trading slowly, with small amounts and keep a diary. Here the most important thing is the analysis of your luck and mistakes and constant practice.

[Vanester2014]

To become a trader you can buy tokens in some exhanger like binance, poloniex, cryptopia, bittrex, coinexchange, hitbtc, yobit and many more exchanger. Buy low and sell high and always do a good research before start trading.

[bezygly]

To become a trader is easy, but to become a good trader is not. Before you study trading make sure to study first the risk you're going to face, this is a serious stuff just invest what you can afford to lose.

Well to in technical, To become a trader is easy you just need to have:
1. Account (In trading platform)
2. Capital

But if you want to become a good trader you need to learn so much, like what you've said, candlesticks, strategies, etc. You can watch youtubes, do a research online, read blogs, articles, etc. but for me all of the candlesticks and strategies didn't work 100% percent since it's the community itself who's going to decide the price of the coin. I suggest to learn through a real experience a real trading but my tip is just use a small amount just to experience trading and to avoid high risk.

There are also some sites who offers free trading, a simulator trading where in you can do trading with a coins that has no value. Just to experience a real trading.

There you will not feel emotion, because you do not trade real money. The head will start working when you make mistakes that cost you money, but with every mistake you make, you will become more experienced and cleverer.

[poplolnman]

Being a trader is not as easy as you imagine, emotion is the best friend for a trader. If you can't control your emotions, all you do is make a loss. Unfortunately, there is no successful trader with just the luck factor. The loss will continue to go to you. You try to survive until the capital runs out. You need to study technical analysts, or now many people provide vip signal services to traders who lack analyst and fundamental knowledge.

[rysea2]

being a trader is not easy, not just money you need you have to have patience and can research the type of coin and also should be able to read charts, and the most important thing for me to be a trader who can benefit is we must know the latest news that circulated about the world of crypto.

[Mokter]

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.

Timely instructions. At first develop your foundation for trading by reading books, watching tutorials and following discussion of this group. Then buy some btc, go for exchanger, select pair like btc/eth and finally trade.

[doge_shit666]

To become a market trader on the cryptocurrency market, you should learn what is cryptocurrency? At the same time you must keep up to date with news from the press or websites. You must practice the analysis in conjunction with the knowledge you accumulate, so that you can be a market trader on the cryptocurrency market.

[so98nn]

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.

Trading is not a difficult job but trading with gains in this volatile market is tough task.You can easily start trade with investing the affordable capital in btc or any coin of your choice and send them to excahnge like Binance or Bitfinex and start trading.But first learn some basic techniques and rules regarding this market.Try to analyze market by reading charts,graphs and doing research online.But do have some special skills different from others if you want to succeed in this line.

[Oceat]

This is not the first such thread on the forum. Almost all of them do not contain any useful information for beginners. You cannot become a successful trader at all, you need a narrow specialization. First you need to decide. what you want or what you can trade. It depends on capital, free time, knowledge and many other things.

Patience is the key to this situation, once you are patient enough to read and learn everything about trading. No matter how long you spend your time on searching some knowledge it will pay off at the end. Once you hit the trading platform it will be an easy task to you but lets just be honest, there's no easy task when you are a beginner. Reading and applying it is the basic key to learn.

[richardsNY]

At the same time you must keep up to date with news from the press or websites.

While I do somewhat agree that this is an important aspect of trading, we also shouldn't be that much focused on various announcements, especially so when you keep in mind that a lot articles we see pop up nowadays are either heavily biased, or sponsored. Some times they do affect the market and some times not. The main point of importance in this case is that you as trader can choose to react directly when a potentially negative or positive article pops up, or react when it affects the market. I personally only do it after it already started to affect the market and adapt to the situation. If you react directly and nothing happens, you have either opened or closed positions unnecessarily -- there is too much non affecting news popping up, and thus not worth to react on everything.

[Tomik21]

Your first question already says that you do not understand the main thing. Technical analysis and in particular Japanese candlesticks can be used only on instruments with a rather long history. There are only a few of these among cryptocurrencies. Trading on them is no different from trading on Forex.

[MawanWawan]

with the development of the world of technology that is currently very rapid growth. lately the world began in sparking with the emergence of a new technology called cryptocurrency a technology that can make a digital currency that uses cryptography as a security system so that the resulting currency can not be falsified. eliminating emotion is a must-do thing, because when the emotions are overwhelmed by us, the transaction is getting heated up and we want to get a bigger result without thinking of risk. The bomber must have the courage to make a decision to determine how long the position should be maintained. take the decision to execute a sell or buy order requires a trading system that is run with discipline to override emotions. despite the understanding that the discipline of the trading system is mandatory applied. then we no longer need to worry or panic if the price moves beyond the initial expectations.