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Author Topic: Traders need to learn  (Read 788 times)
Firefoxx
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April 05, 2020, 10:02:40 PM
 #61

Well, you spoke so well and I do also like your writeups but you need to understand that trading isn't as easy as you think  even with full Confidence there will be tendency of panic when tokens keeps dumping more than expected that's when full panic comes in and confidence will be out of the way.

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April 05, 2020, 10:06:30 PM
 #62

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime
It takes time to become a good trader and most of the successful traders goes through a lot of hard works and a lot of trainings before they become the best trader. If you want to make money through trading then you must first invest to yourself and learn a lot from trading, the risk is high if you don’t have any knowledge on trading so start with yourself first.

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April 05, 2020, 11:33:41 PM
 #63

No one can win all trades while trading so i think crypto exchanges should also introduce buying selling in same pair and also there should be stop loss option as well, although we have good crypto exchanges in the market i think market still lack good quality and multi features exchange.

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April 05, 2020, 11:39:55 PM
 #64

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.
~
I agree if as a trader you have to be confident. Confidence comes from a lot of experience with analytical skills that are often appropriate. This takes practice and time, not instant.

I do not agree if the trader's orientation is just to win and make a profit, this can make you trapped in greed. However, we must understand that the market movement is very dynamic, when our analysis misses and loses, what forms in our brain is just how to get profit immediately to cover losses. Psychologically it is not good in trading strategies because it can mess up the analysis, hurry to profit, so you force to enter the market even if the situation is not possible.

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April 05, 2020, 11:51:51 PM
 #65

The problem of cryptocurrencies market is that most of the traders think that the coin they are trading will become Bitcoin some day. This concept they should remove from their mind first. Cryptocurrencies market is no different than forex market in terms of trading. The important thing which applies same here is we should trade in some limits keeping strict stop losses.

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April 06, 2020, 01:21:04 AM
 #66

There is no doubt about this, if you want a smart profitable trader then you always need learned more and more. Therefore, you need more confident about yourself then you can do at anytime. Here i can said my one friend lala kusi she learned about trading almost 2 years 3 month over and now she do trader some hours and others time she do learned.
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April 06, 2020, 01:30:46 AM
 #67

One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime
Honestly it is more likely that traders need to learn more about companies/coins they are investing in.
Your attitude and confidence matters for your mental health, not for results and profit
That could work but it requires a lot of time. I personally as a trader prefer to trade different altcoins each time. Once I've made profit at a certain coin, I'm migrating to another altcoins for another opportunity. Also since I'm more on technical analysis instead of fundamental analysis, I prefer to use charts as basis and not on the news that involves that certain coin. Anyways, each one of us has their own strategy. There is no perfect startegy at all.
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April 06, 2020, 03:23:22 AM
 #68

Honestly it is more likely that traders need to learn more about companies/coins they are investing in.
Your attitude and confidence matters for your mental health, not for results and profit

I believe that attitude and trust are very important, both for our mental state and for the results on the crypto market. A confident attitude helps you make the best decisions on the crypto market, but if you are afraid, you will panic and make bad decisions, which will cost you the investment.

Confidence and attitude only comes second to knowledge. If you don't know anything about the project that you are investing in, how can you be so confident? unless you are a blind who will invest into something that you didn't know in the first place because that's not how you trade. For example Bitcoin. a lot of people don't know Bitcoin's past and history so newbies tend to panic and sell while veterans buy more and hold.
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April 06, 2020, 03:38:22 AM
 #69

All of the traders are want to earn big amount of money but they are too lazy to study in order to learn knowledge and strategies that they can use in the market. The main reason why there are traders who often lose because of their quick rich mentality where they thought that they can become rich through trading even though they are not studying very well. Focus on the process and leaning from different materials like books and internet are useful and important.
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April 06, 2020, 05:21:54 AM
 #70

One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime

I believe that whenever you take some risk in trading, you need to consider your strategies if its worked or not. before doing so, you need to make sure that whenever you gonna trade you need to understand that it's not always a bad day. there would come a good day but with a good mindset and perseverance with a lot of patience. In this way, you might get some confidence to take some huge risk at the same time you are careful about the things you might about to lose. Just like most of the traders, they are calculating their assets before taking some action and minimize the risk of losing buy using the necessary experiences they got from trading.

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April 06, 2020, 06:31:14 AM
 #71

All of the traders are want to earn big amount of money but they are too lazy to study in order to learn knowledge and strategies that they can use in the market. The main reason why there are traders who often lose because of their quick rich mentality where they thought that they can become rich through trading even though they are not studying very well. Focus on the process and leaning from different materials like books and internet are useful and important.

Agree, every trader intention is to make money, but failing to survive in cryptocurrency because of huge fluctuations. Not only learning, but he also needs to wait for the price recovery because a trader will buy the coins at the highest value and with the sudden drops makes them lose value. Firstly, a trader should need patience and it will help them to make a decent profit.

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April 06, 2020, 06:31:32 AM
 #72

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

I agree that traders should continue to learn to find analysis that is suitable for their own trading style. By always learning and improving its analytical skills, trading can be a job that generates large profits and does not need to work outside the home

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April 06, 2020, 06:44:42 AM
 #73

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime
being positive in trading is something that must be present in a person. it's just that thinking too positively will make people stress when the results are not in accordance with what he thinks. very good at instilling self-confidence in yourself before doing this, it's just that we also need to know what risks we can get, and prepare the things we need to do when the situation turns into a state that we don't want it to.
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April 06, 2020, 11:54:57 AM
 #74

One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime
Honestly it is more likely that traders need to learn more about companies/coins they are investing in.
Your attitude and confidence matters for your mental health, not for results and profit

I agree but it is all connected. Your mindset will be your inspiration to move forward as always no matter what the result you will have, either you will have good profits or not. If you do not call connect your mindset to your skills, it will just make you more depress and hopeless every time you lose a trade, that is why it is important to always coexist with your trade.
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April 06, 2020, 12:14:22 PM
 #75

To start, you need to choose a platform for trading, I'm talking about a cryptocurrency exchange. The choice of the exchange should be approached responsibly.
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April 06, 2020, 12:19:19 PM
 #76

We as traders in the crypto world there are always advantages and disadvantages, but in trading we have a way each and different science then the results we get are also different, so to improve the results we should learn more details about trading so that the way we get is also satisfactory.

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Jannyh
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April 06, 2020, 02:09:08 PM
 #77

I think nothing can be more altruistic and value laded than to concur that traders actually need to learn.
Apparently,  anyone that is remotely interested in learning about crypto online trading must have taken part in some form of trading. Basically,  as the issue of crypto trading gets more and more mainstream attention, newer players In the space want to enter the market and get their slice of the crypto pie. they must endeavour to learn the nitty gritty of crypto trading, control emotions so as not to engage in panic buy or panic sell to enter this exciting market. They need cryptocurrency trading guide from trusted experts in the crypto space before they can assure themselves of absolute readiness to excel in crypto trading.

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April 06, 2020, 03:17:08 PM
 #78

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

Yes, very positive. When you have a strong mentality to gain profit from a trading then you try to learn more and more about trading. Maximum time we do our trading without proper knowledge so that we lost our investing wealth. So be every trader gather better knowledge and be a successful gainer.
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April 06, 2020, 03:59:34 PM
 #79

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

That's the obvious way to do it.
Without being optimistic of what will happen then you are just feeding all the crocodiles in the trading platform or you are just wasting time.

Your first goal is to make profits and not to give profits to others.
Then you will lose of course, but your goal is to win so that won't stop you until the end.
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April 06, 2020, 04:28:51 PM
 #80

Major thing a successful trader Technical analysis is the science of using past trends as well as other data to give you an idea of what’s going to happen in the future. second  market news and  perfect chart reader . So good trade.
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