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Author Topic: How to become a trader?  (Read 2339 times)
usmanov123
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August 02, 2018, 09:53:51 AM
 #561

1. TA. You can start with babypips, it's free. Read "Charting Financial Markets" after that. And then watch videos by ICT on youtube
2 Read some books about psychology
3. Study all aspect of crypto (FA, mining, ICOs, etc)
4. Use proper risk management and securities measures
5. Good luck
newbie-hero
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August 04, 2018, 04:34:53 AM
 #562

If you are newly beginning with trading you should learn something about it. There must be risky but you have to study or you have to observe the market strategy and analysis.

Trading is a fun but it is a great job which is a very difficult one also. You have to be a very patient man, and be ready to learn a lot about the crypto all the time.
AnnaJames12
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August 04, 2018, 07:40:40 AM
 #563

You must first calculate the financial resources, determine the purpose of investment, long-term or short-term form. Choose for you an exchange that matches the transaction form. Study the changes in the market. Take risks, and plan for the next step, it is important that you do not spend too much money on that risk.
enwi
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August 04, 2018, 08:11:45 AM
 #564

to be a good trader, you must be able to control your emotions and be patient, because patience is the key to being able to get profit and be successful and you must have good knowledge and strategies about trading

devotional
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August 04, 2018, 09:52:36 AM
 #565

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. 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
ClaraFowler44
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August 04, 2018, 10:38:46 AM
 #566

You need to join Bitcoin trading platforms or join online or offline trading groups to purchase your falling-price codecs and resell them at a discount. It is important that you regularly update your prices on the exchange and choose the right time to trade.
Then the investment in risk floors will help you get double the amount of Bitcoin you pour in or get a very high return from the amount of Bitcoin.
newbie-hero
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August 05, 2018, 04:42:28 AM
 #567

If you are newly beginning with trading you should learn something about it. There must be risky but you have to study or you have to observe the market strategy and analysis.

Right - everything starts with learning. Stay a bit on this Forum before you take a decision to trade. Read all the important threads about this business. I am sure for 100% that it will be very helpful.
BlackPanda
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August 05, 2018, 04:56:35 AM
 #568

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.
Being a trader is a dream job. If we want to be a trader, we must pay attention to several important things, one of which is that we must have capital because without capital we cannot become a Trader. The size of the capital is not a problem, but when we have much more capital, we can also have the opportunity to get more money.

In addition to capital, a trader must also have the skills and knowledge, it is very important because the knowledge possessed will be used in making a decision. The smarter we make decisions, the more likely it is to take advantage. This is a consequence, but there is one more thing that will be the determinant of an experience. With the more experience that a trader has, it will determine how the results will be obtained at every moment of the selling and buying we do.
Cryptokarl
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August 05, 2018, 06:41:09 AM
 #569

To become a good trader, you need to put something's in place. You need to get the knowledge and understanding of how the market works. Secondly, you need to device a strategy that works for you when you eventually start trading. You need to be disciplined and you need to remove emotions as well when trading. These are some helpful tips
duonghoangphong4
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August 05, 2018, 07:32:43 AM
 #570

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.

Learn how to become a trader
Step one: research the markets
Step two: build a trading strategy
Step three: gain trading experience
HeatherAdams00
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August 05, 2018, 08:19:19 AM
 #571

In addition, you must have a correct mindset. Trading in financial markets is not a way to get rich quick. For a successful transaction, Trader must have a tight, specific trading plan, and especially strict adherence to the trading plan. Be patient as the success of a trader will come for a long time.
spartanrules
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August 05, 2018, 10:21:33 AM
 #572

First of all read about cryptocurrencies, principals of blockchain work. Secondly find exchanges where you are going to trade (for example Binance, Bittrex, Kucoin, Bitfinex and etc). Thirdly learn about technical analysis, fundamental analysis and indicators. Making this you will create your own trading system.
Also you have to identify what kind of technical analysis do you want to learn. For example I like to learn about techniques which can help to calculate days of trend reversal and levels of resistance and support, like techniques of William Gann, Bradley Cowan. May be you would like to use indicators. Just read about them and create your own trading system.
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August 07, 2018, 07:20:43 AM
 #573

You must first calculate the financial resources, determine the purpose of investment, long-term or short-term form. Choose for you an exchange that matches the transaction form. Study the changes in the market. Take risks, and plan for the next step, it is important that you do not spend too much money on that risk.
Follow basics and do not follow the old perceptions but look for benefit only rather than wasting your time in predictions is just useless. Every penny and every second counts so do not get late in buying the Bitcoins right now because you may not find any other opportunity like this therefore buy as much as you can. Remember that do not look for little profit because huge profit is possible when you start with Bitcoin and sell it on higher price.
ShannonGarcia99
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August 07, 2018, 09:56:20 AM
 #574

Trading is not a problem if you just look at the surface of it. But you know that the trading is showing the character, feelings of a human. Those who are new to this path, usually only look at one aspect, that is the purchase, but never thought of the action of the sale is like. One-sidedly extreme thinking, just buying and selling is going to win, but eventually, the results are just a failure.
Impros88
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August 07, 2018, 02:15:53 PM
 #575

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.
It is always better to try from actual practice. If you want to learn how to trade the best option for you would be to start trading. And just use some coins to go with and he will be good.
fibrolit
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August 07, 2018, 02:50:18 PM
 #576

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.
clarkt
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August 07, 2018, 02:55:41 PM
 #577

To become a trader,  you are to trade repeatedly and consistently in order for you to understand how the trading work for you.  The more you trade,  the more exposure and risk you engage in,  the more you know how to manage your risk!

Chronos_angel
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August 07, 2018, 03:07:15 PM
 #578

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.

The enemy of the trader is greed and impatience, these two factors often cause traders to experience losses
olalaMaty
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August 07, 2018, 03:42:44 PM
 #579

To be able to become a trader, you should join the transaction because only when you are a trader you can become a trader, but to trade, you need to learn as well as you need to know how to trade.
ngefek berat
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August 08, 2018, 04:53:48 AM
 #580

To become a trader they must be prepared to accept all the risks that arise in the future because with a very fluctuating exchange rate, those who panic will only experience losses and become worried when investing again.
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