How to become a trader?

[Grillo]

The only thing that you need, is knowledge. Without it, you are not going to go anywhere after all, and you are probably going to lose a lot of money because of doing that. That is why i suggest everyone to have some knowledge before trading

[slyfox]

Nothing difficult! If you are patient and have a wish to become a trader then you should set a goal and reach it thanks to your patience. Gain experience from experts and find out which steps they made to succeed in trading

You are completely mistaken if you think that this is not hard to become a trader, how many people in the forum have tried to become successful traders and have failed? No one knows the exact number but I would guess that the majority have failed, there are statistics that indicate that in the stock market 80% of the traders are long term losers and I do not have any reason to think cryptocurrencies will be any different.

[Sum24]

There is many sources to get knowledge, but only one source of getting practice, so go get some alts, or a little amount of btc and just try to start with that you have.

At first your works is learn about trade. You can learn blog and see youtube video about trade. You need a good knowledge about trade. First time you can invest a small amount for experience. when you think that you are ready for trade then you can invest your total amount.

There are a lot of ways to learn about trading as it give you money and skills at the same time, you can explore google and you tube apart from it you can also get knowledge by discussion related to bitcoin, so collect your money and use your skills so that you will get huge profit from bitcoin trading, so right time is to buy at red and hold as long term trading them sell at high and green market.

[pokeronlinestatus]

Nothing difficult! If you are patient and have a wish to become a trader then you should set a goal and reach it thanks to your patience. Gain experience from experts and find out which steps they made to succeed in trading

There is famous saying regarding this which states that where there is a will to do something, there is always a way to do so. Same is in the fired of trading. It appears difficult and very technical for many but if you are really interested and doing hard work to understand market well, you can do a successful trading. Indeed experience feeds your successful trading and for that you need to do practice a lot.

[anntlevel]

Nothing difficult! If you are patient and have a wish to become a trader then you should set a goal and reach it thanks to your patience. Gain experience from experts and find out which steps they made to succeed in trading

Be aware of the market and do not go near the scammers and negativity of the market. Invest in your self first in order to enrich your self with the market knowledge that is necessary and will help you out. If you really want to get rid of old system and old trading and want to enter into a colorful market then you should enter with knowledge and should choose a valuable coin for trading.

[Magiklair]

You need to have what to trade first of all, then you need to learn the basics. The main rule of trading is to wait for the favorable price to buy btc for example and then wait until it increases to sell your coins

[daringkhan30]

 There are a variety of different types of trader which you can become, so spend some time thinking about what role and job description fits your skills and interests most. Most traders will work for a company, buying and selling shares, bonds and assets for investors. Flow traders work for banks, buying and selling for the bank’s clients. Proprietary traders buy and sell on behalf of the bank itself.

[logicgate]

You need to have what to trade first of all, then you need to learn the basics. The main rule of trading is to wait for the favorable price to buy btc for example and then wait until it increases to sell your coins

 To become a good and successful trader, first you need to learn all about the technology and the market you would have to deal with. Learn how to respond to a market crash. Research about the most profitable coins in the market and invest in them. The plan of short term and long term investment is also important for success.The holding and selling game is important for making good decisions.

[sensimilia]

It is very simple. Start. Join here and try to be succesful. Start from little, increase for more! I have done just the same

[gurupauts]

I think to be a good trader must be able to control the emotions, stay calm and always think positive, you should be able to analyze the market well and know when the right time to buy or sell so it will be able to get profit

[goaldigger]

to become a trader, you should have a capital to start. Other than that, you should control your emotions. Even you have a good and potential coins, if you panic everytime the value moves then all your efforts would be wasted. Trading should have a gaming attitude which involves playing on the charts and value to become successful.

[btccoffee]

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.

Very easy to become a trader just to this procedure and you will become a trader. First you create an acount in some exchanger, second you deposit you bitcoins or money in that exchanger, third you buy altcoins or bitcoins and sell it when the price goes up already. And you already become a trader.

[litepresence]

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 a newbie, if you want to be a success 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 your slef. 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 altcoins.

[systematicdeception]

If you want to start making bitcoins, but do not want to change jobs, the international wage transfer system will help you. It converts your salary into bitcoins, or other crypto-currencies. This can be done by transferring to your employer the number of the bank account received from Bitwage.

[casternetwork]

You have to buy btc first, then send to exchange that you'll trading. Next, you learn way of chart analysis, read a news more and discuss in this forum in order to get the information entirely.

It is not necessary to buy BTC first. I think buying ETH and BCH to send in wallet address on the exchange would be cheaper than sending Bitcoin on the exchange. Because Bitcoin prices are so high, the cost of shipping and receiving Bitcoins at exchanges is prohibitive

[nickwen]

You have to buy btc first, then send to exchange that you'll trading. Next, you learn way of chart analysis, read a news more and discuss in this forum in order to get the information entirely.

It is not necessary to buy BTC first. I think buying ETH and BCH to send in wallet address on the exchange would be cheaper than sending Bitcoin on the exchange. Because Bitcoin prices are so high, the cost of shipping and receiving Bitcoins at exchanges is prohibitive

Agree with your comments. Some exchanges charge for sending and receiving Bitcoin a lot. Sometimes I lost $ 25 just by sending Bitcoin from my wallet to wallet on the exchange. I think with high fees, many people will give up Bitcoin

[Omega Weapon]

Every trade you execute should be an outcome of pre-defined rules of entry and exit. Never trade on gut feeling or any fundamental news.

I agree with this, many people enter in a trade not really knowing what are they going to do once they made the trade, that does not mean that you cannot adjust your strategy once you made the trade, for example if the coin you bought begins to go up very rapidly and your new analysis tells you you are in the presence of a bull market then you can keep holding your coins but at the beginning it is best to stick with your original strategy.

[YTBitcoin]

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 is easy. The hard part is how to run a good and right trading. It takes a relatively long time for us to master the right trading techniques to maximize profits. The learning process from day to day is absolutely necessary.

Actually, it is not easy at all. First of all it`s extremly hard to learn usefull instruments for market analysis,
and then you should create the trading strategy to make a right entrances and exits.

But there are some supporters in that field who start to support the smaller traders in trading and with the support of these people someone can start from a lower level. If they will take the start from the lower level and will follow the opinion of expert traders then they will learn slowly from them and one day they will also be good traders.

[sensimilia]

I would say, dont be hurry to trade, just try to learn before doing a practice! Otherwise you can experience a great loss!

[otundebis]

You may get five steps and all sort of step in becoming a trader from various blog on the internet,  the most important steps you will have to take to become a trader is for you to actually trade.  There is no other way around it.  The more you trade the better you become in trading!