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Author Topic: How to become a trader?  (Read 2339 times)
GeckoTrader
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July 09, 2018, 10:12:24 AM
 #481

The first step in order for you to become a successful trader is to empty yourself. Remove all pride of life and start like you have zero knowledge about trading. Do not trade yet unless you have proven your system very well. Read quality books and invest your time in learning the basic of technical analysis and fundamental analysis.
Whosdaddy
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July 09, 2018, 10:16:06 AM
 #482

Do you want to know how to become a trader or do you want to know how to become a good trader? Because if you buy and sell enough times over and over again than you are a trader. If you want to be a good trader well than you are in tough luck.

Trading requires a lot of knowledge and even learning for years and knowing every little detail you need to learn. In the end if you are not lucky you may lose. Some big whale can come ruin all the work you did and change the market somehow doing whatever he pleases.
valisa
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July 09, 2018, 12:11:48 PM
 #483

I agree with you, I am also a beginner, in order to succeed in trading the main enemy is emotional and greedy, I think that is important in trading should always be profitable although only a few important consistent, and do not expect much from trading because it will make you lose
LooBaao
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July 09, 2018, 12:20:30 PM
 #484

You just buy the coin and hold it for a while and then you sell it to the benefit of that price difference, which is called a trader. There are a lot of trade people who are profitable by the day.
Mr.John19
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July 09, 2018, 12:36:55 PM
 #485

To become a dealer, you have to venture out completely your insight, enhance yourself about the exchanging. Begin with the essential things. Persistence is the way to progress because without it that keys. I'm almost certain will bankrupt or lose every one of the things that you been working. Exchanging is dangerous you ought to dependably think a legitimate procedure to wind up a specialist or to be a merchant. Begin on the little and after that greater and greater assets.
slyfox
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July 10, 2018, 04:45:19 AM
 #486

In order to become somebody you need to be interested, study and then go in the real practice, here it is the same, learn about it, then go to the trading and trade everyday.

When you are talking about something like trading you need to study as much as you can before you even begin, in most activities you can learn and it is OK if you screw up, but if you fail when you are trading then you are losing money and the problem is that most people when they fail a trade they can lose a substantial amount of their capital and they never recover from such blow.
marsmyname
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July 11, 2018, 05:47:19 AM
 #487

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 really want to become a trader you will correct your emotions because it does not help but break your brain and you can think of negative

For being a trader for sure you will have to use your brain not your heart because it is full of profit but will take some time, rise and fall will occur but at that time you will have to have patience and never to think about selling at panic, try to increase your knowledge as much as you can because for being good trader you will need knowledge, skills, patience, information, money and luck so using all of those you can become a good trader.
As we are doing in the market of Bitcoin you can also do the same by creating an exchange account for your use but make sure that you know well to handle these processes and to pass these procedures. Coinbase and Binance are the two best exchanges but you need to have knowledge which will help you out to survive in the market. For sure you will make profit if you follow the market basics which will help you in your survival.

ShowOff
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July 11, 2018, 06:39:38 AM
 #488

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.
ya, be trader is easy. only need capital and you buy and sell coins in market. foila, you be trader. but will be different if market not good as your plan. this is  how your mental get tested and if you can be calm down, patient and be careful, you will be successful trader

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forevergala
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July 12, 2018, 04:06:53 PM
 #489

Cryptocurrency trading and stress are like brothers. Everyone has higher stress levels after getting involved with cryptocurrencies. The stress will make you stronger and a better trader if you know how to deal with it properly.
Tigorss
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July 12, 2018, 04:15:45 PM
 #490

Being a trader is easy,you have to buy a coin at some price and sell them when you think you made enough profits from your investment and keep repeating this process to make money.But being successful trader is hard and only you can be done it by your experience.
Always check news and events that could affect the currency you are trading. Do not use the wrong strategy when there is news, use another strategy. Immediately close your order when there is news, to avoid risk.
Morgann
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July 12, 2018, 04:45:24 PM
 #491

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 start investing any time you are interested or if you have a decent capital and from there you can start trading in the market to multiply your coins.
HuaLogan
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July 12, 2018, 05:16:07 PM
 #492

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.
Well, you should follow some pro traders, news and events, and this Vicion App
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This is a great application. It's app helps you buy / sell  with stop loss orders. This is very clear, smart, exactly and concise info on candlestick chart patterns.
And the most important, its free. If you wanna use more and more function, you can upgrade your account to be VIP, its cheap.
Besides, you can get free Vicion Gold by your referral code ( you will rcv 4 vicion gold and your friends will rcv 2 vicion gold )
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This is link for iOS
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Rj Manik
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July 12, 2018, 07:33:53 PM
 #493

Turning into a trader dependably require a solid commitment as far as supportability, and also it gives you productive increases. At times it's difficult to control fears yet I think falling flat isn't the finish of our reality in light of the fact that as you grow an old merchant you'll develop and learned on exchanging procedures to do.
antahin
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July 12, 2018, 07:55:32 PM
 #494

I think traders have to be able to quickly analyse lots of information and make well-informed decisions under high levels of pressure. Trading can be very profitable, but is also high risk. You can work for a financial institution, trading with the bank’s money, or money from the bank’s clients. You can also work with your own clients, advising them on good investment opportunities.
fibrolit
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July 12, 2018, 08:03:37 PM
 #495

Never sell currency below the price of its purchase. If you choose the right coin, do not panic, because the majority of market participants (about 95 %) are also afraid of losing money, starting to sell, which leads to a decrease in the rate! Remember that you have not lost anything until you have sold the cryptocurrency at a lower cost.
Distribute the budget for the purchase so that for each crypto coin you have 5% of the budget. That is, if the trading budget is $ 100, you need to choose 20 cryptocurrencies to buy. Buying everything is a little less risky than investing the entire budget in one coin.
Trade on different exchanges. This is recommended for the security of your assets (because cases of hacking even large exchanges are common).
Be able to wait. This point is most important, because if you are not endowed with iron patience, it is unlikely to be able to wait for the right moment of entry and exit on the exchange.
Maricurijohn
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July 12, 2018, 11:54:06 PM
 #496

There are quite a few ways you can buy the coins you think are potential, then hold on and wait for better prices to sell and benefit from the price difference. That would be one of those ok business people

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Devnant
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July 13, 2018, 01:10:36 AM
 #497

First of all, the main thing that you need to do is just to start trading as much as you can with a demo account, and try to do not risk much of your money if you are going to do it on a real account with real funds, and try to be focused on what is going on with the market.

Game is my life
alfs75
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July 13, 2018, 02:12:47 AM
 #498

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.
definetly your brothers is true to his teaching that you must set aside your emotion if you want to be accomplish traders,because he know thats become a traders is risky and full of trials,therefore you know how to divide your time by creating a time management,thats why some people who want to become a traders quits there jobs in order to focus as a day trading and continously monitor the coin market caps price,to gain a good profit in day trading investment.

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freakcoins
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July 13, 2018, 02:14:14 AM
 #499

I really love to know how to become a trader thts why i read in this topic about of how to become a trader,and theres a lot here of informations im really thankful that i fot some ideas and knowledge in the first place,.and what i likely stated is that to let go our emorions because only the emotions will be your enemy.
Clark05
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July 13, 2018, 03:21:28 AM
 #500

If you are emotionally can bring you down. Before doing trading or being trader you need to know trading is not easy because you can do a lot. Panic selling is not good also to you because instead if earning money maybe you will not earn money and your capital lose. You need to settle yourself first before doing trading.
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