WHAT DID YOU STUDY? WHAT DID YOU LEARN?

[palle11]

all these training will consume a lot of time however in the long run such a trader will master the art of trading.

If a trader is good at the indicators and master all it is to be good at his trade without having emotional control then he will keep trading like a newbie, jumping in at any little opening and rushing out likewise when he thinks he is going to lose.

The quality of a good trader is having strong emotional control and this will speak more in the ability to enter the market at appropriate time.

Another quality is that the trader most be ready to take up some losses because as a trader, you profit and you lose so at the time of loses you take it and not be quick to exit the trade if you have set your sl then allowing it is better because it might just revert before it gets to hitting your sl.

[Flexystar]

It’s non ending fear that stops us from mastering something. In case of trading its all about putting our money first and then profiting on it. The more you put, the more skilfully you trade the more profits you get back. However in other streams which you have quoted it’s more or less your actual educational base plus your experience which will earn you money. You don’t put any money into it except the offices, time, etc.

In case of trading your heart could start pounding from 70-200 in a 6 seconds if you see big investment going down the water! That’s why it’s critical and you can’t be in hurry to profit back. That could be one of the brightest reason as to why it’s risky.

[Rockstarguy]

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What stops us the most from becoming master traders?

So many things made people from not becoming master traders. Trading with a wrong coin that have no value has made many beginner not to have interest to continue with trading.  Apart from trading with the wrong coin many people have lost interest concerning trade because of greed. Most beginners fall into cryptocurrency trading because they want to make money, on the process of trading with no knowledge and they lose money, with this result it can make them lose interest not to continue with trading.

[lixer]

What we have learned in bitcoin forums is pretty much enough for all of us. Here you can create positions like work and eat.But cryptocurrency is pretty much the same no matter where one studies.But the trading platform is completely different. You must be more knowledgeable about the trading platform.You always have to analyze each coin and market and move forward otherwise you cannot trade on the trading platform.To become a master trader you must be highly knowledgeable on the trading platform.

I think there are no other bitcoin/crypto forums who are better than bitcointalk. Other bitcoin forums are small and there are not enough informations on them but even some of the members of our forum still goes to other sites to expand their crypto knowledge.

I know because they post links here which url's are not from bitcointalk. Work and eat are not a job position but that is something to do possible if you are working from home. There are careers here in bitcointalk which allows us to work at the comfort of our own homes so we can do what we want. Trading is no different with that since you can always use a trading bot to automate your trades.

[GeorgeJohn]

I think it is very important for a trader to learn quite a lot, because the market is extremely dynamic. When I started working, I paid quite a lot of attention to learning on the demo account of the Amarkets broker.

A trader supposed to learn and understand the major basic things that will obstruct trading before venturing into it, i believe that trading is one of the skill that don't need a mistake to be made because of the funds that are involved in trading, and that's the reason trading have to do with basic understanding before venturing into it. Sometimes people do not peruse into trading before investment, and that's while they continue to experience lost, trading needs a lot of concentration and consultation in order to find out the loophole of the market to avoid lost.

[Asiska02]

Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto

What stops us the most from becoming master traders?

Numerous factors prevent us from becoming master traders. encompassing laziness, greed, and low self-esteem.
People are lazy in the sense that they simply feel reluctance and don't want to learn more; they will delay learning new things for a long time without ever taking the necessary action. These people are prone to admire others who are successful, but they are unable to put in the necessary effort, so they stay where they are and never achieve the status of master trader.

Greed keeps the greedy people tied to a particular sort of trading; they don't want to use what they've obtained (money) to further their learning. For the remainder of their life, they spend and depend entirely on one kind of trading. They aren't exposed to other types of trading as much, and they aren't willing to risk a small amount of money to learn how to master a different type of bigger trading.

Those who lack self-esteem never have self-confidence. They feel helpless and that their intellect is incapable of handling the situation. And as a result of their crippling dread of failure, they become unconfident in everything. Even though the knowledge is within their grasp and reach, these people will never learn a thing.

[Ararbermas]

The one that stop us to become good in trading is our mistakes that where we keep losing money and make us frustrated as well at the same time. I believe mostly that's the sad ending of their career in trading and of course forced them to don't came back again to master it and to become successful.

[abel1337]

The one that stop us to become good in trading is our mistakes that where we keep losing money and make us frustrated as well at the same time. I believe mostly that's the sad ending of their career in trading and of course forced them to don't came back again to master it and to become successful.

Nahhhh, The one that stops you from being a good trader is your mindset. Most successful trader experienced having a very bad day or some times losing streak to their trades, But they didn't stop until they conquer the fundamentals of trading and become a profitable trader. Being frustrated by your mistake is normal but ending it because of it is just wrong. If we constantly doing what we are doing like trading, We learn and experience things that help us build our skills. If you suddenly stops because you just keep losing, It will be your loss not getting something from the experience. At the very least, We can earn some kind of experience and realization after we have a defeat and that will help you in the future.

[Eternad]

The one that stop us to become good in trading is our mistakes that where we keep losing money and make us frustrated as well at the same time. I believe mostly that's the sad ending of their career in trading and of course forced them to don't came back again to master it and to become successful.

It’s our goal that will push us to be a good trader, loses will be the stepping stone to learn and be a experience on not doing it again, it will be a trial basis but not the final destination. We will always find ways on how we can succeed since others are able to do gain alot of profit from it. We should be open to study more and try more until we get the strategy that will lead us to learn how to really trade and get profits.

[justdimin]

What stops us the most from becoming master traders?

So many things made people from not becoming master traders. Trading with a wrong coin that have no value has made many beginner not to have interest to continue with trading.  Apart from trading with the wrong coin many people have lost interest concerning trade because of greed. Most beginners fall into cryptocurrency trading because they want to make money, on the process of trading with no knowledge and they lose money, with this result it can make them lose interest not to continue with trading.

That is sort of what happened to me. I started trading on the early days of crypto world, around 2014 and there wasn't this many coins available back then, not sure if we even had token world at all just yet back in those days. However, when you were trading since the options were low, that meant you could trade on things that wouldn't really be outside of the trading scope, we all traded the same things.

This caused some of them to have pump and dump or have some problems a lot easier because the aim would be on one of them eventually. After losing a bit of money on them, I focused simply on bitcoin and long term investment, I eventually restarted trading with small amounts again, but took me years to get back.

[TheUltraElite]

The one that stop us to become good in trading is our mistakes that where we keep losing money and make us frustrated as well at the same time. I believe mostly that's the sad ending of their career in trading and of course forced them to don't came back again to master it and to become successful.

Mistakes are made in every new procedure, not learning from the mistake and repeating the same is the bad habit. It is not that everyone needs a mentor to correct their mistakes, often they understand the reason behind the mistake but fail to correct it.

I have often seen newbies start buying at the top because everyone is talking about it and not when it is in the lows when everyone is giving FUD on it. Bitcoin typically ends up being bought like this and then when the cycle reverses the investors lose money. A simple knowledge of buying/selling would correct this mistake.

However this has nothing to do with how much educated we are. Trading profitably needs a different mindset which most users dont have and hence the few number of professional traders.

[Lanatsa]

The one that stop us to become good in trading is our mistakes that where we keep losing money and make us frustrated as well at the same time. I believe mostly that's the sad ending of their career in trading and of course forced them to don't came back again to master it and to become successful.

It’s our goal that will push us to be a good trader, loses will be the stepping stone to learn and be a experience on not doing it again, it will be a trial basis but not the final destination. We will always find ways on how we can succeed since others are able to do gain alot of profit from it. We should be open to study more and try more until we get the strategy that will lead us to learn how to really trade and get profits.

Lots of trials and errors you would really be facing along the way.You cant really able to learn until you do pass up these things which turns out to be normal.

You wont really be making out realizations if you cant experience for yourself and this is in fact the reality.You would learn but of course you would really make yourself that better if you do accept

and realize those things and would be applied into your future trade or investment. Frustrations and other emotional aspect could really be felt along the way this is why
you should know on how to control not only on your finances but also in your emotions as well.

[Adbitco]

Please allow me to say this.. Crypto is like a real life case or studies where you keep learning till one departs from the world. Why i said this is that crypto can't be compared as a bank or any other physical business that can be controlled by one single man's power but its a collective individuals that is why we have what is called "Market Manipulation". In a case you seems to know all then the market manipulation would fall in and get you disorganized from your studies or trading, so you continue your next lesson and keep practicing again since you don't know the challenge that may surface or likely occur next.
So Everyday is for study in crypto industry.

[Rockstarguy]

Please allow me to say this.. Crypto is like a real life case or studies where you keep learning till one departs from the world. Why i said this is that crypto can't be compared as a bank or any other physical business that can be controlled by one single man's power but its a collective individuals that is why we have what is called "Market Manipulation". In a case you seems to know all then the market manipulation would fall in and get you disorganized from your studies or trading, so you continue your next lesson and keep practicing again since you don't know the challenge that may surface or likely occur next.
So Everyday is for study in crypto industry.

I agree with you. Cryptocurrency is something that has no ending in learning. Learning crytocurrency is always continous, the knowledge we have is not sufficient to trade crytocurrency in time coming if we don't learn new things, new strategies. The reason why we need to update our knowledge about cryptocurrency is because it is unpredictable, no one can can exactly tell what will happen in the market in the future. Because of how the market is been unpredictable it requires different strategies from time to time.

[Hamza2424]

A very typical answer i want to Qoute as dear i studied Blockchain then i used to leaen about Bitcoin and bro i would like to explain what I learned. We are trapped we are stuck in the boundaries. And BTC is the freedom as Bitcoin is true freedom in hands and Bitcoin open ups all the boundaries of the Financial Subjects and applications in the hands and on your fingers controls

[Sanni_w]

Crypto trading is a complex discipline. It takes time and emotional control to be good(not master) in trading crypto. I think with the nature of crypto currency being highly volatile and in it early stage, it's difficult to be patience and control our emotion. It's not guaranteed to make profit while loses are guaranteed. I stopped trading because I couldn't control myself, I checked the chart every mins

[blockman]

Crypto trading is a complex discipline. It takes time and emotional control to be good(not master) in trading crypto. I think with the nature of crypto currency being highly volatile and in it early stage, it's difficult to be patience and control our emotion. It's not guaranteed to make profit while loses are guaranteed. I stopped trading because I couldn't control myself, I checked the chart every mins

The same with the stocks trader, they're also disciplined and I've seen traders in real life that have become focused on it. It's not really a joke on how they went from down to the top. It had required them a lot of patience, sacrifice, learning, and losses until they mastered their craft.
That took them a long time for them to be good at it and the same goes for the aspiring crypto traders that are aspiring to be a day trader or even not a day trader but a good crypto trader that would mostly have wins instead of losses.

[Zilon]

Crypto trading is a complex discipline. It takes time and emotional control to be good(not master) in trading crypto. I think with the nature of crypto currency being highly volatile and in it early stage, it's difficult to be patience and control our emotion. It's not guaranteed to make profit while loses are guaranteed. I stopped trading because I couldn't control myself, I checked the chart every mins

Every discipline has its complexity not only crypto trading. Emotional control and time is only a factor that will aid the mastering of crypto trading it doesn't guarantee mastering. One can have good emotional control and patience and time to build all two but lack the time to study and do research on trading strategies the reason why quitting can become an option

Trading requires learning the skills , Studying what is learnt, Practicing on a demo account, testing different strategies to see which suits best, retesting those strategies as many times as possible, funding with a small amount and gradually grow with it and increase the capital only if the confidence level is built.

~~~~

What stops us the most from becoming master traders?

Now one of the reason why traders cannot master the act of trading fast after learning the process is because traders learn without having the opportunity to to do internship for a period of month before trading independently. Most traders hardly complete their class and the few who does wait for a long time to get their account funded due to lack of funds. Sometimes traders get too much in a hurry to go live even when they haven't built enough courage to face the market. There are different factors limiting a trader from becoming a pro but the above is just a few

[taufik123]

~snip~

What stops us the most from becoming master traders?

Become someone who has big greed in the market  , well a lot of people only want fast money with little effort so no doubt when they failed at trading once they leave it also some people don't have spare money to spend when they want to trade more. A lot of people are still afraid to lose money in trading although it will increase their experience when they really do some analysis.

Those who trade who are afraid of losing their money actually know nothing about trading. just want fast money without complicated processes to go through. They just try their luck, buy some coins hoping it is bullish and make a lot of profit.

Traders who really want to trade will learn about every important aspect of trading, not just putting profit first. Profit is important, but basic trading knowledge is the main thing that must be understood. Trading without an understanding of trading is like walking blindfolded.

[Mahanton]

~snip~

What stops us the most from becoming master traders?

Become someone who has big greed in the market  , well a lot of people only want fast money with little effort so no doubt when they failed at trading once they leave it also some people don't have spare money to spend when they want to trade more. A lot of people are still afraid to lose money in trading although it will increase their experience when they really do some analysis.

Those who trade who are afraid of losing their money actually know nothing about trading. just want fast money without complicated processes to go through. They just try their luck, buy some coins hoping it is bullish and make a lot of profit.

Traders who really want to trade will learn about every important aspect of trading, not just putting profit first. Profit is important, but basic trading knowledge is the main thing that must be understood. Trading without an understanding of trading is like walking blindfolded.

Most of us would be having that kind of impression on the time we are just newbie or had just first encountered it but sooner or later we would eventually able to realize thats not how things goes or how it should be
dealt with.You would really be able to find out that it wont really be an easy process or walk in the park kind of engagement where you could get all the things in one night.
It would be basically be needing lots of time and effort before you could really be able to have a good grip on the market.
Real engagement would basically be able to give out that kind of learnings along the way which it would be ideal if you do really keep and bare it up on mind for future uses.