What is your advised for being a trader?

[Japinat]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Trading requires long term planning and preparation before someone should take the risk in trading. It’s actually hard for starters but if you push yourself to trade more consistently despite of some affordable losses, that will make you become more experienced trader which I think could be a lot helpful to manage your trades in the next days. However, experience and knowledge are not enough. One should develop more skills and strategies to win a trade, thus learning the basics through technical, fundamental and sentiment analysis are very vital. If you can have that along with patience, most likely you will end up a successful trader.

[1714981273]

1714981273

[1714981273]

1714981273

[IvugeoEvolutionCoin]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is very risky for newbies but trading is not very difficult for those who have knowledge about trading. It is normal to lose profit while trading because no one can guarantee before starting trading that he will make profit from trading.  They will never be able to hold on to the money and risk all their trading money due to excessive greed.

[adpinbr]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

[Kelvinid]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Trading requires long term planning and preparation before someone should take the risk in trading. It’s actually hard for starters but if you push yourself to trade more consistently despite of some affordable losses, that will make you become more experienced trader which I think could be a lot helpful to manage your trades in the next days. However, experience and knowledge are not enough. One should develop more skills and strategies to win a trade, thus learning the basics through technical, fundamental and sentiment analysis are very vital. If you can have that along with patience, most likely you will end up a successful trader.

Well, the truth is that trading doesn't give us good results as we start but most are losses. If we are the type of trader who easily gives up because of experiencing losses, the more possible we never succeed in our life. Well, some people will say that trading can easily be learned as they just think that it is all about buying and selling. They are right but it never works that easily as we can't just simply buy/sell without any market analysis and this makes it hard for most traders. Many had entered trading without such knowledge which is not going to wonder why many newcomers fail and quit.

We just know how hard it is when doing an actual trade. Some traders become successful but yes, they are also suffering losses multiple times before they get this position.

[Lanatsa]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Trading requires long term planning and preparation before someone should take the risk in trading. It’s actually hard for starters but if you push yourself to trade more consistently despite of some affordable losses, that will make you become more experienced trader which I think could be a lot helpful to manage your trades in the next days. However, experience and knowledge are not enough. One should develop more skills and strategies to win a trade, thus learning the basics through technical, fundamental and sentiment analysis are very vital. If you can have that along with patience, most likely you will end up a successful trader.

Well, the truth is that trading doesn't give us good results as we start but most are losses. If we are the type of trader who easily gives up because of experiencing losses, the more possible we never succeed in our life. Well, some people will say that trading can easily be learned as they just think that it is all about buying and selling. They are right but it never works that easily as we can't just simply buy/sell without any market analysis and this makes it hard for most traders. Many had entered trading without such knowledge which is not going to wonder why many newcomers fail and quit.

We just know how hard it is when doing an actual trade. Some traders become successful but yes, they are also suffering losses multiple times before they get this position.

Expect something like this on which you should really be knowing that its normal to have those loses since we are just still new and not really be able to know on what are the things that do happen.
You do lack knowledge, experience,awareness, emotion handling, psychological aspects and other stuffs on which we do able to say that it is really just that normal since we arent that all knowing
being on which there are really things in life on which you would really be needing up to be wary on how you would really be able to deal up such things.

Advised on being a trader?

1. Learn up the basics
2. Minimize risks as much as possible
3. Emotion management
4. Fund management
5. Dont be greedy and knows on when to take profits

You would really be needing up such stuffs along the way and you soon realize it on the time that you would be stepping your foot into this market.

[Jody.Drummer]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is very risky for newbies but trading is not very difficult for those who have knowledge about trading. It is normal to lose profit while trading because no one can guarantee before starting trading that he will make profit from trading.  They will never be able to hold on to the money and risk all their trading money due to excessive greed.

Yes but all people who have knowledge or those who have succeeded in becoming professional traders always start from a beginner who does not know anything about the world of trading, which means it is only a matter of time and when you are able to learn seriously then one day you will also be able to become like them professionals who have considerable knowledge about the world of trading, so it does not mean that trading is not for beginners because all traders always start their involvement as a beginner.

Trading is always about the activity of risking decisions that you can afford to lose at the end of the session, and it's clear as you say that no one can ever guarantee themselves a profit in their trading engagements. Trading is a risky part-time job and it means that you can only really make some pretty good profits to help improve or increase your financial strength when you are willing to learn the ropes, because by learning you will know what to do and what to avoid such as greed, and this will prevent you from losing a significant amount of money and you will be able to make some consistent profits as a reward for spending a lot of time learning.

[Bushdark]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Before anyone chose to be a trader, we must have review our risk and what we are actually looking for to get as result.
It is good to us to think very well before we ever going to learn how to trade because this would be the driving force that would help us to get to where we intend to get. It is good for us to review our decisions too so that we can earn more.

[Yamifoud]

A good advice for newbies:
 - stop dreaming about easy money, it never exists in real life
 - stop assuming that we earn a profit without knowledge of trading, it is impossible
 - lastly, don't rush instead, take time to decide

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Before anyone chose to be a trader, we must have review our risk and what we are actually looking for to get as result.
It is good to us to think very well before we ever going to learn how to trade because this would be the driving force that would help us to get to where we intend to get. It is good for us to review our decisions too so that we can earn more.

For some people, they put themselves to the test and try trading. It is very common to see and we just push ourselves to learn the basics of trading after losing. This is a wrong practice by most but I see the reason why it triggers such a situation because of attractive words coming from influencers saying there is easy money in trading. Quite not know how difficult it was in real life.

[Nazmul012]

As I'm not a successful trader till now, so won't have that much advise to give you. But as i experience, trading is trading and you need to have a mindset of loss in trading cause anytime situation can be changed, your easy trading could become trun into complex situation. And yeah, emotion is the main thing that you should need to control. It will force you to sell in lose. And patient is also important that plays vital role in trading. Without it, you can't profit. So you need to learn these things besides gaining trading knowledge

[Jatiluhung]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

Always keeping up to date with the latest news or information is indeed an important capital in preparation before trading and during trading. because analysis based on fundamentals always starts from gathering information. And usually the person who gets the information the fastest is the person who has the greatest chance of making a profit. As long as he can enter at the right time and leave at the right time. And what a trader must prepare is also emotional and financial management. And all of that is to maintain financial stability and mental stability for the trader himself. And I agree that greed is the thing that should be avoided the most. Because there are many cases of traders experiencing big losses due to greed.

[Fatunad]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

Always keeping up to date with the latest news or information is indeed an important capital in preparation before trading and during trading. because analysis based on fundamentals always starts from gathering information. And usually the person who gets the information the fastest is the person who has the greatest chance of making a profit. As long as he can enter at the right time and leave at the right time. And what a trader must prepare is also emotional and financial management. And all of that is to maintain financial stability and mental stability for the trader himself. And I agree that greed is the thing that should be avoided the most. Because there are many cases of traders experiencing big losses due to greed.

Making yourself that wary about fundamentals is also a good approach on which we know that TA+FA would really be always something needed up to be combined if its available. We do know that not all the time
this market would really be just that depending into TA but also there would really be those news that will really be making out such effect on the entire market. Just like the rest been saying that you would really be definitely be needing up for yourself to be that versatile on whatever the things that you would really be able to encounter and this is something a very recommended kind of trait for a trader to have.

You should really be that making yourself that get prepared for whatever things that you would really be able to encounter. Make back up plans from time to time because
we do know that this is something that you cant really be able to handle and guess out all the time.

[Mpamaegbu]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

I laugh when I read conclusions like that about trading. I laugh because loss is something that cuts across the entirety of existence in all that man does. It's not just about online trading alone, even traditional offline trading faces same; even structures like building projects face same. We see buildings collapse, meaning everything put into them come crashing too.

So it isn't recommend to trade if you don't know anything.

It's the same way nobody walks into a theatre and takes up surgical tools to carry out surgery on patients or goes driving without passing through driving tests. If anyone does any of those, the expectant result, we know what it should be. It's sad that people think trading that should guarantee them earning for life shouldn't be taken seriously. They think it's something they can get a mastery of within a few months. No, it doesn't work that way and that's why there are more losers than profitable traders.

[BD Technical]

I never support presentations in trading and there are many who do in training.  Because I lost a lot in training and made a lot of money by trading, I don't want many people to lose money for me or for others.  Because you can earn money by dating, just like you can earn money by trading.  In a fifty fifty chance you don't have time to lose more if you don't study if you have ideas.  There are many people who earn a lot of money by trading. It is very easy to earn money. It is not so easy to earn money.  When you invest your capital and lose money with academia, your spirit will be lifted and you will be lost in success and depression.  I don't want to be responsible for you in case you go into depression like this, in that case I must say that if you want to train, you must have baby basics.

[wiss19]

As I'm not a successful trader till now, so won't have that much advise to give you. But as i experience, trading is trading and you need to have a mindset of loss in trading cause anytime situation can be changed, your easy trading could become trun into complex situation. And yeah, emotion is the main thing that you should need to control. It will force you to sell in lose. And patient is also important that plays vital role in trading. Without it, you can't profit. So you need to learn these things besides gaining trading knowledge

As you are saying that you have not been able to become a successful trader so far, after reading your comment, I would like to say that you have learned the basics of trading and I hope that in the future forum can be very successful traders if you stick to these principles.

Apart from this, I would like to add some more things to your knowledge. If you want to become a successful trader, the first thing you have to stop doing is trading by following everyone's advice. As you know for any work we have to work hard ourselves, the same is trading also for that we have to search for ourselves.

[Natsuu]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

"You won't master the market. You will master yourself so that when market changed, you can cope."
That's the advice. Yes you need to have a system or a strategy that has positive expectancy over a long period of time. Yet you also need proper mentality and you need to think in a way that is different from than 95% who fails in trading. You need to accept that trading is a long game and once you rush in, bad habits will creep in. Learn to manage emotion and expectations. Lastly, learn to detach yourself from money. That is very essential when you go then consider scaling your account.

[Dewi Aries]

As I'm not a successful trader till now, so won't have that much advise to give you. But as i experience, trading is trading and you need to have a mindset of loss in trading cause anytime situation can be changed, your easy trading could become trun into complex situation. And yeah, emotion is the main thing that you should need to control. It will force you to sell in lose. And patient is also important that plays vital role in trading. Without it, you can't profit. So you need to learn these things besides gaining trading knowledge

Yes, I understand what you are saying and that is good, which means that as a trader who is active in the market, we should not only think about profits, but on the other hand we also have to prepare ourselves to accept the facts about losses and this is a typical trader who is responsible for his own decisions. which comes with the goal of seeking profits like other people and also having good self-acceptance of the fact about losses which, however, have become an inseparable part of the world of trading.

Simply put, if you have the opportunity to profit then there will definitely be a risk of loss and good traders are those who can prioritize themselves in various ways to minimize the possibility of loss so that the amount of loss does not exceed the amount of profit obtained, or that means the amount of profit is much greater than the loss. . In various cases, emotions are always the main trigger for problems that make traders end up in bad situations such as experiencing MC, therefore it is clear as you suggest that having a good level of patience is an important aspect that all traders must have as one of the actions to minimize emotions.

[Ben Barubal]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

     You know it's true that trading can generate money and can be applied in this era, both traditional and online, because of the technology we have now in the generation we are facing. But of course we must have an idea or knowledge here because we know that it is impossible to be ignorant in this type of business industry.

     And you are also right that trading is also very risky because we are talking about money here, where if we make a mistake by buying crypto, our capital will just be dissolved, that's all, but if we choose to buy correctly because we have done research here, the result will be good for sure.

[MiF]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

[poodle63]

Trading is very risky for newbies but trading is not very difficult for those who have knowledge about trading. It is normal to lose profit while trading because no one can guarantee before starting trading that he will make profit from trading.  They will never be able to hold on to the money and risk all their trading money due to excessive greed.

I doubt even if its experienced and seasoned trader will find it easy to trade, the market sometime acts so randomly that making profit might depends on pure luck.
indeed there are some time where the direction of the market gonna be taking is obvious whether its gonna be bullish or bearish but as I've observed, it always have 50:50 chance of turning the other way around.
threfore I doubt that veteran trader as much as experienced they are finding it easy.
but I do agree with the fact that greed is such influential factor that could causes lost in trading though, indeed sometime newbies are just too greedy to want to be rich overnight the over leveraged their capital more than 25x and suddenly faces massive loss then they wonder what they did wrong and regret it.
just never over leverage guys in trading thats my main advise in being a trader.

[milewilda]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

Anything that involves on risking up some money to gain up money does really have that certain risks on which it would really be that understandable that you would really be needing up for you to get yourself that prepared for whatever things that you would really be able to encounter ahead. You cant just that make yourself that be thinking up that you could really be able to make good trades or able to acquire such skill in a short period of time on which we know that this is something that cant be possible. Advises would really be purely be that pertaining about on sustaining yourself into this unpredictable market.
Whenever you do experience loses then try out to check it out on what goes wrong, so that on next trade you would be making then you do know on what you should gonna do.

It all matters with that adjustment and with that kind of versatility because if you could really be able to find yourself on having that kind of behavior then
this is something that could make you sustain.