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Author Topic: Hello trader experts  (Read 98 times)
TheAncient
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May 29, 2018, 04:51:44 PM
 #1

I just want to know how did you manage yourselves to become an expert in crypto trading? Is it hard to become an expert trader from the start?

I want to learn from you guys and if you have any link to share, do share it please.
Thanks.
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May 30, 2018, 04:27:00 PM
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To be honest, I have always considered myself as a newbie because it helps me to keep my thirst alive when it comes to learn new things and explore the opportunities. However, I have seen many senior traders doing mistakes and learning from it so I don't think that there is anything wrong in doing mistake as far as you are learning from it and not repeating the same mistake in your next trades. The practical knowledge is the best way I know to learn anything and when it comes to learning trading one can always start with the lowest possible amount and higher frequency of time and develop his own strategies based on his research and understanding about the market.

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May 30, 2018, 04:28:21 PM
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Most people just say "I'm an expert!" That's about the extent of it.  Undecided

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May 31, 2018, 09:48:20 AM
 #4

I just want to know how did you manage yourselves to become an expert in crypto trading? Is it hard to become an expert trader from the start?

I want to learn from you guys and if you have any link to share, do share it please.
Thanks.

It really important that you know someone personally who'll guide you on your way of learning to be a good trader. Hence, experiences in actual trading is one of those things that make you feel more expert. Loses also makes ourselves to do better, boost our confidence and makes us brave despite of the loss. I also joined, telegram and discord, reading forum like this, google to further add some tactics and techniques in trading. I just put in my mind that, everyday is a learning process to become an expert in trading.

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May 31, 2018, 09:53:31 AM
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Oh I also would like to know how much and what it is necessary to know to call self as expert. I'm here for a year, in crypto world, but still didn't learn to make those short time prognosis which would allow me to live from daily trading. So, to me it is also I threshing to k of those tips and methods of a good trader.

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May 31, 2018, 09:58:58 AM
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Learning about trading is a big challenge and one do not need to seat down, fold the hands and just watch and lament. You have to put in work on research, meet people you know physically, go to seminar which you will be tutored live. Remember, losses are part of learning because no trader records profit all the time. Having all these in mind and practicing them would see you scaling through.

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May 31, 2018, 10:05:38 AM
 #7

the only thing in this crypto market I had learn from many years. just control your emotion. don't hope. don't believe anyone. just flow your strategy.

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May 31, 2018, 10:22:19 AM
 #8

I just want to know how did you manage yourselves to become an expert in crypto trading? Is it hard to become an expert trader from the start?

I want to learn from you guys and if you have any link to share, do share it please.
Thanks.

There is nothing like expert thing here. If you want to earn anything from the crypto currencies then you just have to jump in and start earning from the trades. There involves proper background research in the crypto market, the coin progress and how the projects are copping up with the timings. All this attract the investors, they make the moves and they move the market up and down.

Its all about that, its all about the simplicity here and no big games bro! If you have to be expert then choose fields where you need expertise. In the crypto currency with proper plans you can make big profits.  Trading is just easy way here, you dont have to be an expert here. Smiley

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May 31, 2018, 10:30:54 AM
 #9

I just want to know how did you manage yourselves to become an expert in crypto trading? Is it hard to become an expert trader from the start?

I want to learn from you guys and if you have any link to share, do share it please.
Thanks.

As like a chess game,trading need lot of practice to became a successful trader.You have analysis the future price raise and publish advertisement in trading site.If you had buy a bitcoin with x value,you have hold till it reach y value.Hence you will get z amount as a profit.
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May 31, 2018, 10:36:05 AM
 #10

I honestly feel 80% of trading is common sense and 20% is technical analysis..

It sounds simple but only buy things on large pullbacks.  Most people think things will continue to run forever and are afraid to buy things when way down.  Here are some rules I follow:

1)  When something is on a major pullback, wait for the ABC correction to play out.  I think Elliot Wave Theory is complete nonsense but what isn't nonsense is the ABC corrective pattern.. you must wait through the bull trap and wait for C to completely play out which comes to rule number 2.
2) When looking at Fibonacci Retracements, wait for the golden pocket for your FIRST buy order.   If this does not happen, then do not enter trade.. it most likely has not finished C correction or its just generally not following safe rules to enter and just avoid it to find something else.
3) Never buy all in at one spot... my general rule is once something is in position in golden pocket, I start to buy small at first.. if it reaches the next fib area I will buy double.. if it goes to the next fib extension after that, I buy double again.. for example .1 btc, .2btc, .4btc, etc.  I know as price goes down I will be less at risk so I tend to assume more of a position... if it drops heavily for whatever reason, I just dump some bags as I get back up at where I started buying.
4) Play both sides of the chart.  NEVER EVER be in all alt positions.. and never hold your entire stack to one point.  If you start going on a run, dump some at just before every fib level.  Stay active in trades and cover the top and bottom.
5) Always keep a moonbag.  Try to keep 10% of your profits as a bag you never let go of in case in the future it absolutely moons.  I sold ethereum way too early and if I only had a moon bag I would be very happy right now.
6) Any trade where you make BTC is a good trade.  10%..300%....30000%... its all good.. take profits and take profits often, there are no gaurantees with alt coins especially, so don't hold on to too many when in profit.
7) Use BTC instead of USD.. I know a lot of newcomers don't see the value in this but it will absolutely wreck you.... If you don't believe me look at Ripple on Coinmarketcap chart for 2017... That Moon in June 2017, if you sold that, then bought it back in December and rode that rise up would have yielded you a 130X bitcoin return with only maybe a 25X USD return.. USD valuations will make it seem like you are doing better than you are... Everyone in 2017 made money with USD valuation.. that just isn't good enough. Just don't do it.
8 ) Don't stare at charts all day.. its just not productive.  You'll tend to overtrade and won't be worth it in the long run.
9) Use longer time charts... 1Week 1Day or 4hour for beginners.  I've traded for a long time and still use these almost 90% of the time.. the only time you would use short candles if you're trading with margins, which isn't something new traders should be doing anyways.
10) Have fun.. anything worth doing is worth doing bad at first.  Just make sure you are having fun doing it.

Good luck... start by doing some paper trading as you learn... theoretical trades will give you alot of experience.. see if you notice times where you are becoming emotional and figure out why.  Emotional trading will lead you getting rekt.  Fomo and Fear are not words in our vocabularies.. its just RULES RULES RULES! Smiley

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May 31, 2018, 11:11:16 AM
 #11

The moments you conceive the idea of experts then complacency may set and you lose most important things to learn. I know a lot and made money profits with that knowledge but I still keep learning to stay update. The only expert is one that is current of the happening in crypto community
harizen
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May 31, 2018, 11:17:51 AM
 #12


I just want to know how did you manage yourselves to become an expert in crypto trading?

How may we know if we are now expert in trading? If you understand the risks of it and now have the ability to challenge it.

Building experience is the key since you will automatically learned those trading fundamentals while on the way. With your experienced, you will be used to do trading and therefore you can now build your own strategy to make a better winning stats.

My suggestion, understand first the aspects of BUY LOW SELL HIGH method then do trades even by small ones as a start. Once you will be used to it, you can now step on much advance level and that's it, you are now building your trading experience.

Is it hard to become an expert trader from the start?

Being an expert can't be achieved if you just started. There's a process and you need to enhanced it. Goodluck.

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May 31, 2018, 02:08:19 PM
 #13

I haven't met an expert yet. We could say that an expert is a trader that is right a bit more often than the average. If you believe that there are prodigies that are never wrong go to any site where people are sharing their predictions, like tradingview, tweeters of crypto traders, yt videos, and you'll see that it's rare for any of them to be on point in more than half of their predictions.
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May 31, 2018, 02:19:25 PM
 #14

My common advice is to start from books
Yeah it's time-consuming bit it worth a lot!
You should know trading from different aspects — not only charts but also risk management, investment strategies and — it's very important — emotions control
Also there are a lot of nice youtube channels and twitter traders around

Btw you can start from https://www.babypips.com/ — they have quite nice tutorials  Cool
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May 31, 2018, 02:26:23 PM
 #15

I guess there are few you can call experts, but majority of the traders lose money so don't be afraid to lose some, rather learn from that loss.
I suggest mastering the three types of Market analysis(this is what some experts use)
Fundamental, Technical, Sentimental
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May 31, 2018, 02:49:00 PM
 #16

I just want to know how did you manage yourselves to become an expert in crypto trading? Is it hard to become an expert trader from the start?

I want to learn from you guys and if you have any link to share, do share it please.
Thanks.
Whos that experts?are you talking to someone here?i believe that theres a educated trader means they are good but being expert is hard to categorize,i have come to know some great trader here in crypto but they dont claim to be a expert because sometimes they still fails.

I guess there are few you can call experts, but majority of the traders lose money so don't be afraid to lose some, rather learn from that loss.
I suggest mastering the three types of Market analysis(this is what some experts use)
Fundamental, Technical, Sentimental
Care to share some of that so called experts?even if you masters all of that three cryptocurrency is volatile thats whu however we try but price will deny us to always profit

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May 31, 2018, 09:36:09 PM
 #17

The moments you conceive the idea of experts then complacency may set and you lose most important things to learn. I know a lot and made money profits with that knowledge but I still keep learning to stay update. The only expert is one that is current of the happening in crypto community
Yes it is never so easy to be a good trader from the start. You have to learn on every step and widen your experience and in the same time keep good eye on the market behavior to know when to make amendments in your business plans. Keep using the search engines to know more about trading and the forums like these to get in touch with good trading experts and learn from them. In the end, it is only you and your games that help you win in the market.

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June 01, 2018, 11:06:35 AM
 #18

I think for trade expert you may need too much learning from Youtube Channels and so many other platforms which show the updates of coins, Twitter, Cointelegraph and coins official sites are the good sources to watch and with your experience according to time you learn a lot of things because market is moving with bitcoin price and different trend and it is compulsory to understand these things and also some predictors reviews and different type of analysis makes you able to become a good trader and that leads you to expert in all over crypto trading,

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June 01, 2018, 10:55:34 PM
 #19

the only thing in this crypto market I had learn from many years. just control your emotion. don't hope. don't believe anyone. just flow your strategy.
And the only thing I have been able to pick for becoming a good trader is to learn and research about the basics of the technology you want to invest in. To become a good trader, one needs to become a good learner and observer as well. Having said that, we can say that the profit that all the investors quest for is possible in the presence of good knowledge. The marginal productivity of technology is still high and the more people enter the market with good and perfect information, the more the technology expands and prosper.

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June 01, 2018, 11:13:23 PM
 #20

In margin trading, you are indicating how much funds are left for trading after a crypto bye and sale, subject to your funds. If you do not have the funds to trade on leverage trading, you can trade it with a liquefied provider. In crypto-trading services, you can usually use leverage 1:10, which means that you are allowed to borrow 10 dollars in relation to every dollar to trade. As a result, there are additional risks, as well as many benefits and benefits.

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