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Author Topic: How to become a trader?  (Read 2338 times)
mriansa
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May 17, 2018, 07:14:59 AM
 #241

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 become a trader you need to do you have to learn and read some articles to get special skills that can benefit, and you also need capital money to buy used bitcoin used to do buying and selling bitcoin and altcoin.
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May 17, 2018, 08:04:58 AM
 #242

One thing that a trader must have is the technique called Purging. When you know that your either winning or losing consecutively, you should take a break for a while that you can set for yourself so that it will  cleanse your emotions.   Cool Cool Cool



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May 17, 2018, 08:44:45 AM
 #243

These are some tips to become a trader:
- Purchase Bitcoin using a Bank Card or Bank Transfer
- Purchase other cryptocurrencies for trade using Bitcoin
- Sell those cryptocurrencies for more bitcoin (or less if you buy high and sell low)
- Transfer the Bitcoin back to a USD Exchange and sell to transfer to your bank.
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May 17, 2018, 08:57:21 AM
 #244

Most newbie traders these days have not the slightest idea what they got their selves into, and I was too, someone please give me some coin'name have more potiental to hold, i'm not trading anymore  Angry
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May 17, 2018, 09:15:32 AM
 #245

These are some tips to become a trader:
- Purchase Bitcoin using a Bank Card or Bank Transfer
- Purchase other cryptocurrencies for trade using Bitcoin
- Sell those cryptocurrencies for more bitcoin (or less if you buy high and sell low)
- Transfer the Bitcoin back to a USD Exchange and sell to transfer to your bank.
Isn't it that there's a Bank charge for transferring funds and converting USD to BTC? Those charges are considered loss already and once its transferred to the exchange site and you buy coins for trading, there's another transaction fee that you'll pay. As much as possible you want to avoid those charges because you don't want your profits to be eaten by those transaction fees.
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May 17, 2018, 09:18:42 AM
 #246

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.
Emotion is something that must be removed when you are a trader. Main emotions will kill your potential investments and make you lose money.
I used to feel emotionally driven, I changed the whole portfolio and I had to pay a hefty price for losing $ 5k. Get rid of that and learn more about analysis to become a professional trader.
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May 17, 2018, 09:23:57 AM
 #247

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.
Yes it is true that emotions will affect what you will get in trading. Trading is in dire need of experience in every action we take. Emotion in this case means patience, we keep practicing in trading and when we do not get the best result then we have to keep trying and be patient. By continuing to try then we will get a lot of knowledge and with this then we can achieve success. What your friends say is very appropriate that with patience then we will be able to achieve success and what we dream in trading !!
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May 17, 2018, 10:03:03 AM
 #248

Take your own decisions to execute a sell or buy orders requires a trading system that is run with discipline to override the emotions

If you are wrong in making a decision then you will lose that's right, to trade you must stay calm and able to control the emotions because it takes a quiet mind and a good strategy to be able to make a profit
Remain calm and not panic is a thing that must be owned by every trader because of course every time the market price sometime is not in accordance with your estimation right? calm you have will be very useful so as not make you to make wrong choice. besides being patient is also very necessary for traders because of course the price changes that you want doesn't happen in a short time
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May 17, 2018, 10:23:14 AM
 #249

You just need to know the market and look for some coins that would have a good price in the future,
You should know what you want to do if it is just a short trade or a long term investment.
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May 17, 2018, 11:01:01 AM
 #250

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.
Emotion is something that must be removed when you are a trader. Main emotions will kill your potential investments and make you lose money.
I used to feel emotionally driven, I changed the whole portfolio and I had to pay a hefty price for losing $ 5k. Get rid of that and learn more about analysis to become a professional trader.
You can't be able to remove emotions in trading we are just only humans so it will not be removed, there is other ways to make it more useful to have in control that won't let you decide with your emotions, it is on proper handling of it on your trading. All basic not only candlestick should be in focus because there is so many strategy and you will find which is best for you.

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May 17, 2018, 02:03:07 PM
 #251

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.

Try yobit its well known exchange or trading site but in the situation like yours you said that your a newbie but don't make it as a big hindrance , always strive and learn as much as you can it's all worth it .
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May 17, 2018, 02:09:06 PM
 #252

To be a trader, you need to learn about the cryptocurrency and need an analysis on the market.
very important you need to know to become a trader is don't be greedy and control your emoticion.

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May 17, 2018, 02:25:57 PM
 #253

Becoming a trader is no harder than becoming a casino visitor. It's even easier because you don't have to leave the house.
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May 17, 2018, 02:28:19 PM
 #254

before you start trading then you must know how to trade well so that you will know when the right time to buy and sell and you must be patient and control emotions because if you can not be patient and control the emotions then you will be wrong in making decisions and can lose
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May 17, 2018, 03:52:32 PM
 #255

To be a good trader you should have a daily limit on bitcoin or other stocks and remember when you loss don't get down in mind,relax and trade and you will make it up.
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May 17, 2018, 05:58:07 PM
 #256

You need to choose what you like. There are a lot of methods of market analysis and each of them sees the current situation a bit differently. Try to get a little acquainted with different methods and then make a decision.
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May 17, 2018, 06:05:19 PM
 #257

In the event that you are incorrect in settling on a choice then you will lose believe it or not, to exchange you should remain quiet and ready to control the feelings since it takes a tranquil personality and a decent procedure to have the capacity to make a benefit
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May 17, 2018, 06:06:45 PM
 #258

To become an investor first of all you need to get an understanding of the trade. If you want to trade, you must have a lot of patience, and you will have to be able to control your emotions, and you should never make decisions in a panic. You need to learn from knowledgeable people or at least see the video of those people who have already traded on the market for more than a year. I think this is the best way to study the trade.
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May 17, 2018, 06:21:51 PM
 #259

In the event that you are incorrect in settling on a choice then you will lose believe it or not, to exchange you should remain quiet and ready to control the feelings since it takes a tranquil personality and a decent procedure to have the capacity to make a benefit
For you to become a trader you have to at least some basic knowledge, a lot of blogs, articles, introductions, videos about trading so there is no reason for us not to start with it, so for me, for us to become a trader we must also have the courage to take risk and to involve ourselves in focusing on it especially when we are planning to become day trader.
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May 19, 2018, 06:52:38 AM
 #260

to be a trader I think it's very easy, you just need the capital to be able to trade by just buying when the price collapses and sell when the price has started to go back up, just simple like that.
It sounds easy than done. If we talk about the theory of trading, there is no difficulty in learning and understanding it at all rather it is a way too easy and any knucklehead can also get the meaningful concepts of this profession but then comes practical and majority fails in making good money. This shows that in real time, things are totally opposite to what we read in books or articles. They also lack guts and persistency.
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