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Author Topic: What should I learn to be a professional trader?  (Read 2118 times)
zanjerbits
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July 21, 2018, 08:36:26 AM
 #201

 the best learning is from your own experience, when i started i always asking other people on how to trade but now i don't listen to anyone, just believing on my own opinion just because even other traders with experience may lose their money. try to experience doing trading and believe me or not after doing it you will not listen to anyone. but of course as a newbie its normal to ask question to learn more.

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July 25, 2018, 07:15:28 AM
 #202

To be a good investor, you need the following.
- you need to learn about the market.
- technical analysis.
- most importantly you have to have the investor's mindset.
I will further add that to be a professional trader, you need to have a professional mind set and a professional mind set is the one that let you think professionally about making a decision in crypto market and not emotionally because there is no place for emotions in the market.

Also you would need to expand your knowledge about the technology by reading the research paper published in universities and perfect market information is also of prime importance. You are a professional trader only if you make use of these qualities while trading.

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July 25, 2018, 10:12:41 AM
 #203

Study the ff:
Support and Resistance https://www.investopedia.com/trading/support-and-resistance-basics/
Identifying market trends https://www.investopedia.com/articles/technical/03/060303.asp
Chart formation https://www.investopedia.com/terms/c/chart-formation.asp
Chart pattern https://www.investopedia.com/university/technical/techanalysis8.asp
Chart Indicator https://www.investopedia.com/articles/active-trading/041814/four-most-commonlyused-indicators-trend-trading.asp

credits to investopedia

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July 26, 2018, 05:41:35 AM
 #204

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
First of all if you want to become a professional trader then surely you should have your own ideas and own stretagy to make Investment at perfect timing and also you should make descion and analysis according to your opinion and research .
Now come at the point where you want make some better analysis about the candel stick , for this you can get better videos at YouTube ( in English language and probably in your local language ) .
But here you should be sure that no candel stick will help to make earnings each time , you just need to find out what are chances that will make altcoins to go up or down .
Each loss and each profit will teach you to how to improve trading skills , here loss will explain you that how to take step against loss and what to do so that you didn't get into loss easily and profit will explain you that how to get in the market of any altcoin at perfect timing .
In order to be a professional trader we need to get basic knowledge besides with the strategies and to experience market before starting it. Furthermore it would be better if we start with less valuable coins in order to bring all the knowledge and experiences in practical which will make you efficient. Now you are able to do with more valuable coins like the Bitcoin and Ethereum and can get profit from here.
This isn’t just about trading or investing here in bitcoin world rather to every field of work where someone is about to take a start. This learning about new things and how to make good results from this all, this demands learning. Definitely, we you don’t know what is to do and what to achieve and then how to achieve that thing, how can you be able to make efficient results, this all need learning.
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August 08, 2018, 11:24:00 AM
 #205

If u want to learn trading u should follow this website bitcoinwisdom.com for future updates and bitcoin technical chart
Thanks for the site you shared. I would like to learn about trading. Although I am a holder, I also love trading and look forward to earning money with both methods


There is absolutely no way anyone can get to do better in trading than trying as much as possible to learn every form of TA that can help them combine analysis to form a good strategy to be able to make good decisions in making calls in the market.
One thing however, is that after learning, it is not always good to just assume that everything is alright, and it is always necessary to face the market with just little of what one can afford and use that to gain some good experience.
clarkgeneral86
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August 08, 2018, 11:32:11 AM
 #206

the best learning is from your own experience, when i started i always asking other people on how to trade but now i don't listen to anyone, just believing on my own opinion just because even other traders with experience may lose their money. try to experience doing trading and believe me or not after doing it you will not listen to anyone. but of course as a newbie its normal to ask question to learn more.
Me too, I rely on my own experience. For example, in ICO investing many people believe in ICO rating sites but that has made a huge loss for them. Now when I decided to invest I looked carefully and based on the experience after several failed.
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August 08, 2018, 12:16:07 PM
 #207

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
Obviously you need to learn how to trade professionally, lol. But to be serious I would say that you need to read a ton of literature which would be trading related and not only about cryptocurrency but also about stock market and in general of economy.

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August 08, 2018, 12:49:06 PM
 #208

There is absolutely no way anyone can get to do better in trading than trying as much as possible to learn every form of TA that can help them combine analysis to form a good strategy to be able to make good decisions in making calls in the market.
One thing however, is that after learning, it is not always good to just assume that everything is alright, and it is always necessary to face the market with just little of what one can afford and use that to gain some good experience.
People are suggesting many tips here for becoming a professional trader but in my experience what makes us as a professional trader is, how we prepare ourselves to withstand the hard time like down markets and how we manage stop loss levels and unexpected losses.

Actually, down-trend is always a period when you get to see huge movement in the market most of the time and from the look of things, I want to assume this is the same case we may end up having this year as well anyway. Also, around this time is also a very good one to monitor the altcoin market anyway since they also tend to do great and with that, you can still make some pretty good one on some of them before the end of the year when autumn ends.

Other than these, market fluctuation is giving everyone a new chance to pick on those markets they have always been eyeing and what amuses me is that same people who complained about the market too expensive instead of buying the dips still get a lot worried and always end up not getting to be a part of it eventually and that makes me wonder if they are really ready to even invest at all.
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August 08, 2018, 01:09:06 PM
 #209

I think to be a profitional trader you have to do practice more and always stay focus in trading method i bilieve that there is no short cut to be a profesional trader so you have learn and experience all the test of trading until you become a pure profesional trader.

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Hassan02
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August 08, 2018, 02:15:55 PM
 #210

the best learning is from your own experience, when i started i always asking other people on how to trade but now i don't listen to anyone, just believing on my own opinion just because even other traders with experience may lose their money. try to experience doing trading and believe me or not after doing it you will not listen to anyone. but of course as a newbie its normal to ask question to learn more.
Me too, I rely on my own experience. For example, in ICO investing many people believe in ICO rating sites but that has made a huge loss for them. Now when I decided to invest I looked carefully and based on the experience after several failed.
a lesson for us to be learn for making our own strategy and by then we have been made a lot of things to be make some profit here cause we all know the most of it like we are just comply on what we have been witness for.
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August 08, 2018, 11:26:32 PM
 #211

I think to be a profitional trader you have to do practice more and always stay focus in trading method i bilieve that there is no short cut to be a profesional trader so you have learn and experience all the test of trading until you become a pure profesional trader.
To be more professional trader always do trading to experience and know risks when investing. It is important to gain knowledge for you to be able to earn in trading. Without experience how, you will gains zero at all.

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August 08, 2018, 11:44:19 PM
 #212

Experience is the best learning, you can consider all your experiences in your trading. All those positive and negative experiences will guide you to have a good strategies in the future.
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August 09, 2018, 12:24:02 AM
 #213

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn

Without knowledge the skill will become without foundation, the result is that someone only works but doesn't understand what 'basic knowledge' is what he does. Without skills knowledge will only be limited to theory workers cannot process and practice what's the basis of their work. I think that's what's called professional.

To become a trader, we do not need to be a professional, for the time being, you have to focus on the core benefits, namely profit, that's all. Because someone's professionalism will appear by itself especially when you feel that you are already proficient and familiar with the field you're working on.
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August 09, 2018, 12:28:03 AM
 #214

I think here is only practise and practise, u will have a lot of losses on your way, but that man who did not do anything, did not make any mistakes  Embarrassed

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August 09, 2018, 12:54:38 AM
 #215

You have to learn technical analysis to be a professional trader, but it will take a long time. When you start trading, you would gradually learn trading as the time passes.

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August 09, 2018, 02:19:40 AM
 #216

I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
Obviously you need to learn how to trade professionally, lol. But to be serious I would say that you need to read a ton of literature which would be trading related and not only about cryptocurrency but also about stock market and in general of economy.
To be a professional trader is not just reading and learning, but the experience of what you have tried to do is also very influential, so many people say that don't just read, but practice what you have taught, the more you keep trying, the more you get experience, and from that will make you professional
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August 09, 2018, 03:56:20 AM
 #217

in my opinion there is no professional trader because it doesn't guarantee if someone with knowledge in crypto has a lot he will always be lucky, because in my opinion the luck and experience factors are important factors as a trader
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August 09, 2018, 04:56:49 AM
 #218

Professionalism needs experience so you need to spend much time in this field trading field if you want to get professional.Create your own strategies that can make you successful here and also research much about the common trading in the Internet which can give the idea how to be a successful trader and in the end you need to be a hard and smart worker which can speed up the things little bit here.

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xvacator
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August 10, 2018, 05:19:26 AM
 #219

I cannot imagine what we need to learn to become a professional trader because we have different methods for learning to trade and we have different experiences in trading. but I think we can learn many tutorials by watching a video, reading some books in online or offline, practicing what we learn, try to analyze the market and we can try to get more experiences by doing trading.
ocid
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August 11, 2018, 10:56:14 AM
 #220

Professionalism needs experience so you need to spend much time in this field trading field if you want to get professional.Create your own strategies that can make you successful here and also research much about the common trading in the Internet which can give the idea how to be a successful trader and in the end you need to be a hard and smart worker which can speed up the things little bit here.
Of course, to become a professional trader requires experience that can be done by itself to find out the market situation in order to accurately analyze market price movements. although many recommendations were given by others from various sources without the practice we often do, we cannot get what is expected.
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