How do I succeed as a trader in 2024

[yudi09]

-snip-

I think it's okay to recommend beginners to trade as long as they know how it works. Buy low sell high, that is the most basic strategy they need to know. The difficult thing in trading is that when traders expect consistent profits, it is very difficult.

Fear of being blamed when beginners experience failure and lose money or other means far from what they imagined when they traded after getting recommendations from us.
For investing, I dare to recommend Bitcoin to beginners who have the intention to do so but don't know what assets are appropriate for them to buy.
I am also willing to spend a lot of time with them to explain how to do it from the main things they have to do, such as how to store and maintain assets safely.

[Hypnosis00]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I don't know you have experienced or not with trading, It seems gambling to you if you have no knowledge in trading, It's difficult but not impossible to learn so research about it before start, But in this year i have different plan, I am buying Bitcoins only and holding because before Bitcoin halving it price can go new ATH.

Trading is not a simple skill to master because of the risks involved, which must be taken repeatedly before you can be successful. If you said Trading will be your focus this years, you need to be learning much about it and know the strategic how you will be staking, and you need to know is better you trade with the money you can afford to lose, because Trading is not an investment that you will say he can minimize your risk when you start, I would like you to not focus on one aspect instead, you should be investing so that he can increase your knowledge about different coins. As for me, I believe in investing more than trading because I haven't gained much knowledge about it yet, and I can't say if I start trading I will be profitable, because it is very risky more then investment but if you are lucky you will profitable and change your lifestyle.

We can't yet determine or assume success already as we begin as there are a lot of things that may change along the journey. Many people become aggressive at the start but later on, they give up after having bad experiences and losses. We can just say success if we consistently make profits over losses and that is find it out after a few months doing this. And I notice that those who are in a hurry never get success and much more for impatient people. Trading style, funds, behaviors --that really matters in trading.

[Out of mind]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you think 2024 new year is right for you to trade, then I think it will not be right at all. First of all trading is a risky business so you may not survive in this business as most of the time the market will face volatility. When faced with volatility there is definitely a chance of losing your money, and you can't control your emotions at that time, so you lose your funds. In that case you plan investment instead of trading plan it will be good and great for you so invest long term and make yourself financially sound.

[cute nmp]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

[JunaidAzizi]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my areas of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Making a plan is not such a big deal everyone can do it at any time and a lot of people decided on 31 Dec but the point which a highlight successful person from the rest is consistently working on it. Trading is one of the best financial plans and I set trading as a goal, not like a beginner but to learn deep as much as possible and raise like a professional one. My friends also decided this and we together started working on it every day. So I suggest you start trading with dedication and do not allow anything to distract you from your plan and goal. This trading will help you in your financial condition and will make it perfect.

[HONDACD125]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Taking a trading course is also a good idea, but nowadays there are many platforms online where one can easily get information about trading.Every job requires a mentor, but your learning process doesn't begin until you actually get into the field yourself.Wherever one gets the material related to trading one should get it.However, different traders have their own different methods and use whichever one sees fit.Therefore advice should be listened to by all traders and people, but always make your own decision.

I think many things can be easily learned from there for free if one learns online from different channels instead of mentoring a trading course.Our experience gets better and better when we start trading ourselves.However, it is very important to know all the important factors and basics related to trading.I have followed different traders and got trading information from different youtubers and now I am getting a good profit in trading.

[2girls]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Many years have passed before this, think about how much I have gained and how much I have lost. Starting a new year does not change what you are, but you have to change your method. How do you do trading, what does your concept say and what is it? You can become a professional at it but you will have to put in a little effort and then you will become an expert in it and you will start benefit from this.
year will remain the same but what will you do in this year?

[EarnOnVictor]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Trading is not child's play and I do feel for those who are starting newly as it might take them long years before they will finally get to be fit to be called a trader. Along the way, a whole lot will be meted to them whether they are fair or not, and they will be met with good and bad products/services and advice, while some will learn wrongly before they find their path towards the right way again, while others will not find their path towards the right direction at all until they are frustrated and quit trading entirely. Above all, the new traders need to learn and train until they become what they want in market trading.

But having a mentor as a new trader is second to none when it comes to luck, such will be so lucky especially if the mentor is a good one that understands trading very well. But the issue with most traders is not learning, but learning rightly. Fine, learning is good and we have seen a lot that learned on their own and are fine with trading, but the truth is that it becomes faster and easier when you have help, and there are many irrelevances that people often waste their time with, but mentorship will disallow that from happening.

[Mahanton]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Trading is not child's play and I do feel for those who are starting newly as it might take them long years before they will finally get to be fit to be called a trader. Along the way, a whole lot will be meted to them whether they are fair or not, and they will be met with good and bad products/services and advice, while some will learn wrongly before they find their path towards the right way again, while others will not find their path towards the right direction at all until they are frustrated and quit trading entirely. Above all, the new traders need to learn and train until they become what they want in market trading.

But having a mentor as a new trader is second to none when it comes to luck, such will be so lucky especially if the mentor is a good one that understands trading very well. But the issue with most traders is not learning, but learning rightly. Fine, learning is good and we have seen a lot that learned on their own and are fine with trading, but the truth is that it becomes faster and easier when you have help, and there are many irrelevances that people often waste their time with, but mentorship will disallow that from happening.

You should realize this on the time that you do step your foot into this market on which you wont really be just that making yourself having those assumptions that trading is really just that an easy thing to
learn and deal with which we know that it is really that the opposite. There's no such way for it to be easy for someone to be able to acquire up such skills on which we know that this is something a skill
that would be able to gain or get on having that ample or proper time when it comes to learning and skill honing which it wont really be that a short time. Dont making about being successful
first because loses along the way could really affect out that kind of mindset and perceptions towards thing which it would be giving out that kind of discouragement.

If you are planning on being that skillful and successful then you should really be that wise when it comes to the decisions you are making. Just dont make yourself
in a hurry when it come to this because if you do then this is where you would be finding yourself into tons of mistakes.

[Iamcrypticguy]

What you need is dedication, self motivation and most importantly knowledge.

Trading requires knowledge and patience and only the strongest minded people succeed in trading. It takes more than just waking up and deciding to become a trader. You can achieve success if you are mentally prepared and committed towards achieving your goal as i believe that is the first step towards achieving success.

Go through some comments on the link below you could find some useful information that will help on your journey.
https://bitcointalk.org/index.php?topic=5436046.0

Trading needs patience and a high understanding of risk management. Once you understand those, you have an edge.

[deathcode]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Many years have passed before this, think about how much I have gained and how much I have lost. Starting a new year does not change what you are, but you have to change your method. How do you do trading, what does your concept say and what is it? You can become a professional at it but you will have to put in a little effort and then you will become an expert in it and you will start benefit from this.
year will remain the same but what will you do in this year?

Yes, skills and experience will help traders become successful. but it all depends on how quickly the trader understands it all. developments experienced by traders are related to the trading process carried out. it is an achievement that cannot be achieved in a short time.
Beginners in trading, are more likely to trade using their estimates, not precise analysis. just enjoy our process of growing in trading. every experience provides a lesson. and we must grow with the experience gained.

[Bd officer]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

OP you are still new so planning to trade as a beginner might be risky. Don't know how much knowledge you have gained about trading. If you can properly analyze the market and trade then you can definitely earn profit. If you fail to analyze the market properly, you will face loss instead of profit. However, those professionals who were once new can slowly analyze the market correctly. You keep trying, hope one day you too can become a professional trader. But as a beginner, investing in Bitcoin is better than trading. If you can invest in Bitcoin and hold it for a long time, you will surely get profit.

[MFahad]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If trading is the only area of your focus then focus on it. Learn more and more about trading. Success in trading actually varies on several stuffs like Knowledge, skills, trading strategy, etc. You can focus on these things for better results.

1. Learn and gather more knowledge about crypto.
2. Set a budget for trading.
3. Always start from lower investment
4. Always try to divide your investment into several parts. Don't invest all in one
5. You should also focus on Risk management strategy.
6. Stay updated with the crypto news
7. Control emotion during trading.
8. Learn about technical analysis
9. Always think about long-term investment.
10. Don't panic, don't be greedy, and always try to exit the trade at the right time.

Best of luck for your 2024 journey.

These are some really valuable and helpful tips if anyone follow them properly i am sure they would help him a lot in becoming a successful trader,
You sum up the whole trading procedure in these 10 Tips.
All of them are good, but I like 1, 2, 4, 6 and 10.
Gathering as much knowledge about tradiing, setting aside a seperate budget, dividing investming between multiple assets, saying updated and exiting at right time. all these are so crucial for a trader.

[bettercrypto]

-snip-

I think it's okay to recommend beginners to trade as long as they know how it works. Buy low sell high, that is the most basic strategy they need to know. The difficult thing in trading is that when traders expect consistent profits, it is very difficult.

Fear of being blamed when beginners experience failure and lose money or other means far from what they imagined when they traded after getting recommendations from us.
For investing, I dare to recommend Bitcoin to beginners who have the intention to do so but don't know what assets are appropriate for them to buy.
I am also willing to spend a lot of time with them to explain how to do it from the main things they have to do, such as how to store and maintain assets safely.

In truth, everyone starts with the basics. As they say, don't feed a baby born with meat right away; milk must be given in the beginning so that it can swallow properly. So it is the same with trading activities when a newbie is just learning them.

So, even if we only know basic knowledge, we can still succeed as a trading activity while we are studying it, and we can also get earnings in crypto trading as well. In fact, there are also many people who experience and do it. Because I only know the basics while I'm still studying them.

[Lantind]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my areas of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Making a plan is not such a big deal everyone can do it at any time and a lot of people decided on 31 Dec but the point which a highlight successful person from the rest is consistently working on it. Trading is one of the best financial plans and I set trading as a goal, not like a beginner but to learn deep as much as possible and raise like a professional one. My friends also decided this and we together started working on it every day. So I suggest you start trading with dedication and do not allow anything to distract you from your plan and goal. This trading will help you in your financial condition and will make it perfect.

Yes, that's right, when someone can carry out the plan they have made consistently, of course they will be able to get maximum results from what they have done. When trading, of course you have to have a plan for when is the right time to trade and do it consistently so you can achieve the profit targets we have set.
When we have decided to trade, of course we have to do it carefully so as not to make a mistake in deciding the right time to enter the market to trade and we have to focus on the trade we are making and not make mistakes that result in losing the money we use in trading.

[crwth]

Personally, I would recommend trading continuously in the market and having a strategy that would adapt to certain kinds of markets whether you need to HODL, Sell, or just wait or something. I am currently using Gunbot for my trading and it's a set-and-forget type of thing and this is the post that I have done. Maybe you could try it or something.

[Bravut]

I think having the right approach to the market, proper risk management and discipline would go along way in shaping you to be a better trader this year 2024.
Is a nice idea to begin trading... than you just holding or doing the buying and selling process but you must be prepared to accept the outcomes of your actions.

[$weetne$$]

I think having the right approach to the market, proper risk management and discipline would go along way in shaping you to be a better trader this year 2024.
Is a nice idea to begin trading... than you just holding or doing the buying and selling process but you must be prepared to accept the outcomes of your actions.

I'll agree with you because without the right approach you won't be making profits from trading, 2024 is going to be a bull year for the market because Bitcoin halving will be happening therefore altcoins will benefits after Bitcoin starts pumping. Bitcoin controls how the market reacts because when Bitcoin is pumping other altcoins will benefit too. How to succeed as a trader in 2024 will depend on how informed you're because new coins will be listed and they'll be producing alot of profits when we trade the coins that'll be coming in 2024. Traders have to be right on time to buy a coins so they can sell when the coins give profits. Don't hoard coins that aren't giving you profits, sell them and try other coin so you can benefits from the money that'll be in the market.

[cryptoWODL]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If a person wants to be successful in trading then he must take trading education. Since you have personally decided that trading will be your only focus you need to acquire detailed knowledge about trading otherwise you will fail to succeed in trading. I think trading is a science the more you know about trading the more success you will get. Trading requires knowledge and a lot of patience. Your first step to achieving trading success is to prepare yourself mentally and commit to achieving your goals.

[kingvirtus09]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Get deep into learning trading here in the crypto space. Don't just rely on what others say here, it's different that you yourself do your own research on trading. There's a lot to consider here pal. The question here is are you really willing to be successful here?

Is there 100% dedication to your stay here to learn about this crypto trading industry that we belong to? And learn from the mistakes of other traders who have used the wrong strategy.