Traders need to learn

[ekopcie]

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.

Hi, bro. Yes, you are right, you need to approach the choice of a cryptocurrency exchange very responsibly. Pay attention to the Nominex cryptocurrency exchange.

[1714625757]

1714625757

[CriptonMember]

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.

Hi, bro. Yes, you are right, you need to approach the choice of a cryptocurrency exchange very responsibly. Pay attention to the Nominex cryptocurrency exchange.

I couldn't find any information about Nominex. Is this a new exchange?

[ekopcie]

I couldn't find any information about Nominex. Is this a new exchange?

I was interested in the platform primarily because they offer really favorable terms to their traders. Come and see for yourself. https://nominex.io

[Cryptrx]

Every trader should discover a strategy that works for him or her and adhere to it. Don't give ears to the thousand and one gurus on the internet that tend to know more than everybody.

[XCANA]

Mentally balance to me make any trader more comfortably while carryout their trades daily. As a potential trader I am, many of the time I trade for profit are based on my mentally balance situations. When there is unbalance mental issue when to it come to trade, there is a probability of such trader running at the loose.

Also, be more technical as a trader when it come to opportunities sorting in the world of cryptocurrency. Don't be greedy when you're trading, take profit when  needed and when appropriate.

[CriptonMember]

I couldn't find any information about Nominex. Is this a new exchange?

I was interested in the platform primarily because they offer really favorable terms to their traders. Come and see for yourself. https://nominex.io

Favorable conditions for traders? This should attract traders, but you understand that this is not enough.

[Hypnosis00]

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.

Keep learning is what we need in order to be more productive and successful in our goal.
It is in our mindset to earn and it only is succeeded if we have to work on it and just be confident enough that we already know the basic but rather to acquire and learn how to use new technology or tool in trading. It really needs this time knowing that the market is so volatile and you'll have to be advance in order to win. There are several upgrades happen in crypto trading and that much be helpful if you know it.

[rexxarofmoknathal]

Well, I suppose you couldn't call yourself a trader if you didn't learn, and even if that wasn't of interest the painful loss is an experience one can't forget.

Plus, if a trader doesn't learn then there won't be much they could do after a few losses so the trouble is that as long as a trader decides to temper with reading/predicting the market its ultimately their predicament to loss, rarely profit yet, inevitably learn or else they're simply out and done for.

[htsy585]

Your mindsets determines what you see on a trade chart anytime

You are right, trading requires lots of learning. It's not a profession you can just jump into without understanding both the basic and the advanced concept of it. I have to say that always setting a good mindset goes a long way but putting at the back of your mind that the trade can go south makes you calculate your risk perfectly before jumping into a trade. A lot of things contributes to making profits in cryptocurrency and all of them plays a vital part, from the reading of the chat, to having perfect control of your emotions to knowing if the coin you're trading is a pump and dump coin and so on.

[awik p]

when becoming a trader, the market seems to hit us from many directions, where our psychological will be destroyed, and our minds panic. therefore as a psychology trader in my opinion is very important, because most traders today only learn technicalities with a larger portion

[Smitty Werben Man Jensen]

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled  

[cahbagus555]

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 confident and able to make analysis is one way to get profit. But we must also continue to monitor price movements because changes in trends affect the analysis that has been made and should also be disciplined in implementing the strategy

[shoreno]

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 confident and able to make analysis is one way to get profit. But we must also continue to monitor price movements because changes in trends affect the analysis that has been made and should also be disciplined in implementing the strategy

your saying that we need consistency which was also correct and one of the key factors for a succesful trading  .

monitoring the price is simillar to analysis but i think not all the time analysis can be accurate enough to help you win your trade   . so consistent anaylsis is not really that cool to do but being consistent  in the means of trying again and again after a loose can help you master your moves and learn from your mistakes which is right thing to do as well  .

[Ashong Salonga]

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. As a trader we must have a strong control with our mindset as well as being able to hold into our emotions not to affect that decision making we are going to decide. Always have an optimistic approach at everything and do not doubt your decision into the trading strategy you have made. Always think that you will going to make profit from every trades although the reality is there are risks that can be associated on doing such, like experiencing loss. Always have in mind that loss is part of trading and investment but it must not discourage you to continue what you are doing. If you already experienced great loss, pause for a moment, think deeply and observe on which part you must improve to be able to gain profit the next time you do trading. Never give up on trading, just be confident and never doubt yourself.

[pikkie]

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. As a trader we must have a strong control with our mindset as well as being able to hold into our emotions not to affect that decision making we are going to decide. Always have an optimistic approach at everything and do not doubt your decision into the trading strategy you have made. Always think that you will going to make profit from every trades although the reality is there are risks that can be associated on doing such, like experiencing loss. Always have in mind that loss is part of trading and investment but it must not discourage you to continue what you are doing. If you already experienced great loss, pause for a moment, think deeply and observe on which part you must improve to be able to gain profit the next time you do trading. Never give up on trading, just be confident and never doubt yourself.

unfortunately there are many new traders who cannot control their emotions so they are still often affected by the situation of market conditions that suddenly rise or fall, traders should buy when conditions fall or do not have a price increase because when such a potential will get caught in the price high and will make traders lose.

[SacriFries11]

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled  

Some mistakes will happen again if we don't take it seriously and sometimes a small mistakes/decisions will lead us to a big problem. Confident on trading will come to you if we already knew every detail, strategies and analyze in the markets. There are many strategies you can do to make profit in trading and all you have to do is find the best strategy that you can easily do then find other strategy that can may help you more in other trading. I believe that everything will be in proper order in the right time of trading. We must trust the process of learning every day.

[petuel]

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled  

Some mistakes will happen again if we don't take it seriously and sometimes a small mistakes/decisions will lead us to a big problem. Confident on trading will come to you if we already knew every detail, strategies and analyze in the markets. There are many strategies you can do to make profit in trading and all you have to do is find the best strategy that you can easily do then find other strategy that can may help you more in other trading. I believe that everything will be in proper order in the right time of trading. We must trust the process of learning every day.

Can't disagree on that actually.
However OP was referring more to inner confidence than to real technical knowledge - which I do not support.
I claim over confident traders as petty tyrant, because you have to be careful about your own money

[Slow death]

talking is very easy, but doing is very difficult. when the person is making a trade and is having losses he clearly realizes that things are not simple and the person must make decisions that most of the time is a decision that will cost him many losses. People's advice most of the time is advice from people who did not trade or who did trade in the past and suffered losses, but as they want to sell courses and books they continue to give advice on trade

[Bitcoinislife09]

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

Traders must be very intelligent in choosing which site are they gonna invest their bitcoins. Because there are many websites that offer investment of bitcoin but not all are legit. Some investing sites are scam and you need to be careful so that your bitcoin will not be put into vain. As a bitcoin owner you have to research further about bitcoin and ask for those people who already invested so that you may have a living testimony of it and you will surely succeed and choosed a legit bitcoin investment site.

[ethereumhunter]

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled  

Some mistakes will happen again if we don't take it seriously and sometimes a small mistakes/decisions will lead us to a big problem. Confident on trading will come to you if we already knew every detail, strategies and analyze in the markets. There are many strategies you can do to make profit in trading and all you have to do is find the best strategy that you can easily do then find other strategy that can may help you more in other trading. I believe that everything will be in proper order in the right time of trading. We must trust the process of learning every day.

As long as we can learn from the mistake, and we can prevent from making the same mistake, we can recover what we lost. Sometimes, when we make a profit, we will feel confident, and for some people, that confidence will become bigger and makes them overconfident. So you need to stay calm in any situations even if you are making a big profit. Yes, I agree that with learning about the strategy, you will have a chance to make a profit, so you need to apply every strategy with the current situations, and make sure to know when the right time to trade.