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Author Topic: Understand trading  (Read 518 times)
zaesvlas
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October 06, 2021, 01:06:56 PM
 #81

The most important thing a trader needs to understand is that the trader's work process is not very simple. It always requires attention and time.
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October 06, 2021, 02:20:59 PM
 #82

You can always start with a demo account, especially if it is free and the manager is ready to help you, as with Amarkets, so you can buy it and then go to a real account.
Its a good start to use demo account but I don’t think any manager will help you because there’s no such thing in crypto exchange and you should not depend to anyone. Understanding trading takes time because you need to consider everything, you have to set up your capital, your goal and your strategy. In trading you should be more responsible, learn the process and don’t think for any easy money here because trading is too risky.
indeed the main thing in trading we should not think that with trading, we will be easy to get money in a short time. however requires a process that is not easy in my opinion. let alone studying trading psychology, sometimes even though we understand what to do, but we do it like doing a cutloss, therefore we must enjoy the learning process that we live

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October 07, 2021, 04:00:09 PM
 #83

Learning to read is important because for you to become a good trader, you have to be reading books that are written by professionals in this sector.
It is quite difficult to actually get into that mindset in most of the situations. I would hesitate to say that trading is a simply done thing, not the act itself but the idea of becoming a trader is not something that is easily done. This is why I believe that there are so many complications and so many losses in trading by so many people. If we look at it from just the trading itself approach, there is really nothing that too complicated that would make it difficult.

However, if we look at it from the becoming trader part then we realize that it is not really that easy and it becomes a big challenge in the long run and that is why I believe that we should be more careful about becoming a trader and focus on that part instead of just how to trade part, since the first one is a lot harder. Obviously, it could be both done but first is still a lot harder.

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October 07, 2021, 04:49:37 PM
 #84


Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

Nowadays Crypto trading is Very popular way for money generating, and also many people think that trading is safety and best way for money earning and for this reason they want to Entry on crypto market but not have any knowledge about market and off courses it is bad for them.                   
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October 30, 2021, 03:59:04 PM
 #85

As for me, before focusing on a certain method, you should first have the proper mindset to do trading so you'll know how to deal with every market situation. Knowing when to sell and when to buy would be an advantage especially if you have set a good target goal. Understanding at least the basics of trading would be a good help.
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October 30, 2021, 04:21:22 PM
 #86

You want to understand what is trading then its simple buy low and sell high. However predicting the market is the real game which is not going to be 100% for anyone still we can manage to find something based on the technical analysis.

To practice we can use deno account which can be only useful for finding how to make trade order and basic things but we can find the real pressure when we trade with real money.

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October 30, 2021, 04:29:34 PM
 #87

Trading is not just a prediction with the market movement this consist of different things like technical analysis, market strategy, trading plan, experience, budget and knowledge. Also when making a trade always set a designated time frame when you can focus on one trade you don't need to FOMO, trading always needs to have a risk but having prior knowledge and understanding you can lessen the possible risk and loss of assets.  Always learn from your previous mistakes and the mistakes of others. Always set a limit with your self, not all the time we got a winning trades greed makes us more vulnerable to losses.

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