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Author Topic: How to become a trader?  (Read 2339 times)
cryp24x
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April 29, 2018, 09:45:12 PM
 #121

Some say that you have to remove the emotions on trading but how can you do that? I suggest that the best thing to do is to manage our emotions. If we will be able to do that then we can manage our trading. Then learn the basics, we cannot comprehend technical analysis when we do not know the basics. There are lots of ways to know that. Self-study like using google, youtube and asking someone we know that doing the thing is a great start.
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April 30, 2018, 12:24:16 PM
 #122

First of all you need to Analysis and you will  get some concept about trading. if you want to trading you should have more patience and there is some risks you have to take.and you learn to control the emotions and you should never take decisions in panic. you can ask an expert or maybe a friend who know about trading and more experience they can help you in a basic way of trading i think it is the best way to learn trading.

In my opinion the important thing is that you should collect all the required information to become a good trader. Knowledge and experience is very important to become a successful trader. You should analyses the market on daily bases. Try to deal in such currency which demand is good and more people want to invest in bitcoin.
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April 30, 2018, 01:36:25 PM
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 #123

There are many kinds of trading methods. Knowledge is the number one key if you want to trade.Trading is not that difficult but you can earn more money from that job. You better have more patience to do the trade and there is some risks you have to take.its takes time and effort but you should have the perfect timing to that job.
Yeah, seeing trading more as a job will always give anyone who wants to trade the real picture of what trading is really all about. Firstly, trading itself is a very huge profession and taking a profession lightly can always lead to not doing it well which eventually always lead to a demerit for such a person rather than it being a merit.

If anyone is ready to trade, learning should always be the first thing in mind and taking that learning seriously is one thing no one should ever joke with. Becoming a trader has lot of potential risk to deal with. That is the reason only serious people are finding success with trading.
Varavu
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April 30, 2018, 04:46:34 PM
 #124

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 be a successful trader you should need patience. This is the basic things for trading. Before investing money you should do research on that money. I think this is the right place to learn and improve yourself. Just go to Trading discussion session read other post and gain knowledge. Instead of keeping all the money in single coin, better split into other altcoin.
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April 30, 2018, 04:48:57 PM
 #125

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 you can start trading at this time, it can be seen that the bitcoin price in the past few days has been rising continuously and this is the time for you to start trading. The market is recovering strongly and the market capitalization has surpassed $ 400 billion. With such a strong recovery, you can be assured of peace and commerce at this time.
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April 30, 2018, 07:37:24 PM
 #126

There are many kinds of trading methods. Knowledge is the number one key if you want to trade.Trading is not that difficult but you can earn more money from that job. You better have more patience to do the trade and there is some risks you have to take.its takes time and effort but you should have the perfect timing to that job.
Yeah, seeing trading more as a job will always give anyone who wants to trade the real picture of what trading is really all about. Firstly, trading itself is a very huge profession and taking a profession lightly can always lead to not doing it well which eventually always lead to a demerit for such a person rather than it being a merit.

If anyone is ready to trade, learning should always be the first thing in mind and taking that learning seriously is one thing no one should ever joke with. Becoming a trader has lot of potential risk to deal with. That is the reason only serious people are finding success with trading.
In my experience, we need to give a balanced importance to trading to enjoy success with it. If you give it more importance similar to your regular job then you may get panic for both buying and selling which may lead not to follow your own trading plans. If we do not give enough importance then we cannot be dedicated to trading which is much worse than before case. So, we need to be a balanced person so that we can be a successful trader.
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April 30, 2018, 07:49:36 PM
 #127

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...there are different kinds of trading methods available in crypto currency for example you can buy bitcoin and trade it for an altcoin in an exchange or you can buy bitcoin and sell it for fiat and so on simply a trader means knows how to buy and sell the crypto currencies on exchange but the important thing is you need to know that how to make profits from trading crypto currency...
MCVXYZ
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April 30, 2018, 08:19:17 PM
 #128

In additional,I just want to say that sometimes traders,which don't try to make decisions easily,Think about something like that: 'if it was easy,there'd billionaires everyone,I think its very bad narrative..So what about becoming a trader,Its nothing, everyone can do this,the most important thing is - how to become an experienced trader...and how to learn when is right time to choose your best position,I think its the sign...Anyway,When you will learn things like that you can call to yourself a trader..So protect the consistency and try to follow your own rules.This is a real trader.
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April 30, 2018, 08:20:53 PM
 #129

Apart from getting rid of emotions, you need to learn to be patient. Patience is the key to success because without it, you surely will fail. Although the failure will cross your path, it is a part of the success. There is no success without failure. For the record, I have failed many times, but then I learned several things from failure as they were part of building many good experiences. And when you succeed, you will feel like it was worth the try.
rhomzkie26
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April 30, 2018, 10:48:54 PM
 #130

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 cannot become a trader if you don't have any capital, meaning you must buy first Bitcoin then once you have it, You are now capable to buy

any coin in the exchange platform. But before that you need to sign up first in any platform for you to make some trade in the exchange site.
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April 30, 2018, 11:02:44 PM
 #131

Apart from getting rid of emotions, you need to learn to be patient. Patience is the key to success because without it, you surely will fail. Although the failure will cross your path, it is a part of the success. There is no success without failure. For the record, I have failed many times, but then I learned several things from failure as they were part of building many good experiences. And when you succeed, you will feel like it was worth the try.
Yes before we reach our goals their are many failures that we've been faced, that challenge us and helps us to develop our strategies, we can possibly earn this by having a patience on which we didn't give up because we know someday it would help us to generate a good strategy that can be used in getting a huge profit in trading. Don't stop if you loss a profit in trading but make this a motivation that can help you to increase your knowledge in trading.

mohitgiri1
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April 30, 2018, 11:34:15 PM
 #132

1st you need to study the charts to understand trading and situation (Best entry and Best exit part especially)
2nd Always trade best project , Don't do Pump and dump trade , you may earn in Pump and dump trade  one and two trade , but at bad day you will get a big loss
3rd keep uptodate regarding projects you are trading (News Fud everything gives good profit)
Crislyn4116
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May 01, 2018, 12:45:46 AM
 #133

To become a trader you need a wide mind. You need to know the basic techniques and the basic candlesticks. The emotion is your the best enemy so remove your emotions to control your greedy. Study the standard of support and Resistance. To know where you will buy and sell.

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Dr.Osh
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May 01, 2018, 02:06:00 AM
 #134

Apart from getting rid of emotions, you need to learn to be patient. Patience is the key to success because without it, you surely will fail. Although the failure will cross your path, it is a part of the success. There is no success without failure. For the record, I have failed many times, but then I learned several things from failure as they were part of building many good experiences. And when you succeed, you will feel like it was worth the try.
Yes before we reach our goals their are many failures that we've been faced, that challenge us and helps us to develop our strategies, we can possibly earn this by having a patience on which we didn't give up because we know someday it would help us to generate a good strategy that can be used in getting a huge profit in trading. Don't stop if you loss a profit in trading but make this a motivation that can help you to increase your knowledge in trading.
Well, starting trading is very easy, as long as you hold a coin, or have money, it can be done anytime, and I think you also know the basics of trading. Well, the important thing you need to prepare is patience. it is also an important point in taking advantage of this.

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bristlefront
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May 01, 2018, 03:58:59 AM
 #135

As long you have a capital you can enter a trading site. Being a trader is easy but the effects of loss in trading is hard but it is just an addition to your experience.

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May 01, 2018, 04:45:50 AM
 #136

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 am sure if he does not even have anyone to tell him that, he must have seen a glimpse of it. The thing is if his friends are trading successfully, then they should be able to guide him, otherwise, he will just end up messing up big time and eventually screwing his funds up. Candlestick are good pattern to trade, but to trade candle sticks, it is always necessary to learn very well because in real life trading, you have to be ready to expect anything.

As long you have a capital you can enter a trading site. Being a trader is easy but the effects of loss in trading is hard but it is just an addition to your experience.
Just capital will be enough to become a trader ? You must be total wrong. If you enter trading without proper preparation i.e. knowledge and experience then you may lose all your capital within one or two trades itself.
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May 01, 2018, 04:49:41 AM
 #137

Trading just like any other work out there required training and dedication. Cryptocurrency trading however is such that you must find out for yourself what works for and what doesn't. Through these try and you can then establish your own method of trading.

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May 01, 2018, 05:11:36 AM
 #138

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 friend told you the right way. It is your emotion that you should be able to handle in the first plce. It is important so that you won't get frustrated seeing your trades make big losses because it is easier than making profit. So yeah you will need to start studying chart. Succesful trader usually has mastered chart which is part of technical analysis. It helps you to understand the price action well.
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May 01, 2018, 07:30:56 AM
 #139

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 an easy job, it takes a lot of risk specially in crypto trading. But here's a thread that might help you to enhance your knowledge about crypto trading, https://bitcointalk.org/index.php?topic=2842850.0 this thread contains the different characteristics of a trader and a lot of advices from those highly experienced crypto trader. Hope it helps you with you trading journey.

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maminelly
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May 01, 2018, 07:45:01 AM
 #140

study the basic candle sticks it is need for the begginer....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....
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