What is your advised for being a trader?

[Negotiation]

A first you need to learn to trade and if you can't manage the trade properly then you will lose. Next, experience is needed because experience is the most important factor for a trader.
If you don't speak well yet you will never get good feedback here. In order to master thoroughly, you first need to develop good relationships with experienced people and associate with those who are related to Trade. And besides identifying adverse problems and trying to solve them, you can be known as a good test.

[Mr. Magkaisa]

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?

       -   I agree with what you said—that trading in cryptocurrency is really risky. But if you know how to be careful or avoid it, you can overcome this risk for sure. Now, what you say is that you don't seem to agree with the newbie who should immediately jump into trading while just starting to learn it; even if it's just a small amount, the capital will be used up for sure.

I think that's fine, because it's only a small amount, because in every mistake they say we learn a lot from it, which is right. If we don't make mistakes, how can we learn?

[Natsuu]

Well before diving into a trade, make sure to check the charts (technical analysis), keep an eye on the news, and have a basic understanding of what's happening in the market. Also, don't forget to set limits on how much you're willing to risk because it helps avoid big losses

[boyptc]

Take into consideration your starting capital when you trade. The reality of trading is the higher the capital you'll have, the "chance" of earning quite high is also there so it's like an equal proportion to the capital you start with.

But small time traders can also grow their funds but it is going to take time. Don't get fooled by the successful traders that you can also be like them without going through hardships.

You take your own path and just look on your own progress.

[EarnOnVictor]

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 will make a huge mistake if you keep the mentality of having a huge amount of money before you can trade in your head. I can assure you that you will lose the money and will keep regretting it if you are not experienced in the market. Even experienced traders are still facing the challenges of how to preserve their trading accounts not to mention the novices in the market. What is good at the beginning is for you to find a way to learn the market, and if you can learn and train until you are well-experienced, you can then proceed with the live account. Mind you, the first training has to do with the demo account only, unless you want to just be wasting your money due to arrogance.

Again, if you are depositing your money at first or even the second and the third time (because it is almost sure that you will continue to lose), you should endeavour to deposit a small amount of money for your financial safety because it is most likely you will continue to lose money no matter how best you could think of your trading skills. You should continue that way and build improved trading psychology along the line, and if you truly have a working trading system, this might go a long way in helping you further. Until then, you should keep to the little deposit attitude to save yourself, and make sure you shun greed and be very disciplined in what you do.

About the trading strategies, I advise you to learn both technical and fundamental styles of trading but major in technical analysis. It will help you so much than you can ever imagine if you are good at it. I also like you to learn price action and support and resistance strategies together and combine them to filter them for better signal generation.

[God bless u]

As a trader, we all want to make a trade in which we minimize the loss,
so we need a training first, we must have a teacher for this trading so that we can learn from it. Make no mistake, if we first get it right and understand it,
then we invest all the money we have, and then we can profit from it, but if If we try to enter it without understanding it, then we will find nothing but loss,
that is, the money we have in our hands will also go before we get in rich i.e. in our hands.

[huu78]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

[Hamphser]

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?

When you do start on becoming a trader then it would really be just that right or normal that you would really be able to suffer some losses or lets say you would really be that having those losses on which it is really that inevitable. It would really be just that normal that you would really be able to encounter those things considering that its never been that simple due to unpredictability of the market.
Since we are really just noobs then it would really be just that so normal that you would really be having those kind of mistakes but eventually you would really be able to make yourself that
learn along the way and this is something that you would really be needing for you to have those kind of learning because not all things that you could read up would really
be making you aware on whats trading but rather there are things which you could learn through actual trading.

[Nrcewker]

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 no doubt risky, but not impossible to do. If you have the determination, then definitely you can make good profits from trading. If you ask me about tips, then it will be best if you try trading with demo account and balance first. See how the market reacts on various occasions and get acquainted with it. Once you are confident, trade with real money with proper stop loss. It’s alright to make losses during the initial stages. People learn from their mistakes only and do the better.

[shawonngp]

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?

Nothing you can find where only you can earn money without losses a penny it's unrealistic. No doubt you must be learn about trading before start trading, Now a lot of opportunity to learn trade, On youtube and other social media platform so many influencers sharing their thoughts and strategies and paid video tutorials.
New traders shouldn't start trading with big funds because high risk to lose all of money in a minute.

[poodle63]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

doesn't necessarily true considering that people will small capital wouldn't even have the gist of holding so many coin and the market become worst of the worst thats where the emotion are gonna be exhausted heavily and also its quite different feeling compared with small capital since with small capital if worst comes to worst you at best can just rub it off because its just small capital you can just earn it from salary or something but with big capital like entire saving there's definitely feeling of regret as to why you might make some bad decision and why you even try to execute that bad decision like basically making decision because you're angry you've been losing and so on.

[kojektea]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

I think the market is very difficult to understand using small capital just to learn, because if we lose the money it is commensurate with the experience we gain, I have known crypto from 2017 until now I don't understand the market completely, but from my experience, I am able to consider when I will take a position in a trade

[Viscore]

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 probably more on losses than wins for beginners that's why newbies are not advised to trade, but they can trade using their demo account which does not involves real funds.

However, having a good preparation before entering a trade gives more advantage than resorting into trading just because of high greed. Before you trade, do your own diligence to research first, learn to analyze the market well, and as much as possible, learn all the basics when it comes to fundamental and technical analysis, and even on-chain analysis that will help traders to better predict market moves and gauge market sentiments.

[ShowOff]

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

Of course, but only if you gamble under the pretext of trading. I mean you will lose all your budget in trading if you trade with high leverage where the price volatility can trigger margin calls. Spot trading is different, you will still have your coins even if the price fluctuates or dump 100%.

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?

Please trade if you can truly understand how it works. Analytical skills are something that can help you survive longer in trading, but greed will only make you fall faster. Trading won't make you rich overnight, so avoid that mindset and do something make sense and realistic.

Remember, expertise will only help you in making decisions, but will not determine whether you will profit forever or lose a few percent of your budget. One more thing, avoid futures trading with high leverage, it's the same as suicide.

[Johnyz]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

I think the market is very difficult to understand using small capital just to learn, because if we lose the money it is commensurate with the experience we gain, I have known crypto from 2017 until now I don't understand the market completely, but from my experience, I am able to consider when I will take a position in a trade

You don’t need to have a huge capital just to learn how the market works, you just need to start doing it the right way and you can be good. Continue to learn, get a reliable sources and continue to learn how to trade consistently. Learning is not easy, and yes it may took years before you actually understand it, now after 7 years and you still don’t understand the market completely then I think something is wrong about your approach better to assess it now so you wont waste another years.

[kawetsriyanto]

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

If you don't know anything, how can you trade the crypto coins? 
It is impossible for someone to trade crypto coins if he has no knowledge.
What we know in the reality that there are many people with lack of knowledge to try trading. This is a very careless way, people who has lack of knowledge must focus to learn first and it is better to trade with demo trading.

~ 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.

What is wrong to trade with small funds?
If you are a beginner, it is better to focus on learning and get experiences. When you use small funds, it won't really hurt you if you get losses. But if you use big funds, it probably brings a problem with your financial. Before using big funds, surely a trader must understand how to trade properly. At least, a trader understands how to do the fundamental and technical analysis.

[lienfaye]

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.

This is true. If you trade but not knowing what you are getting into is more like gambling. Because you don't know anything and just want to trade because of the potential profit. In trading, knowledge is crucial, therefore that's the first thing that a traders should be aware of before risking their money.

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?

Using a small fund is not bad if you're just a beginner. But if you keep losing when you trade, it just shows that there's something wrong with your strategy. If we lose our capital, that's how we will realize the mistakes that we did and will learn to improve. So the next time, it won't happen again. If you didn't learn anything from your previous experiences then maybe trading is not suitable for you.

[Strongkored]

But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly.

If you don't agree with this then what method do you use to study? Is it a demo account? because in my opinion trading with small funds to continue learning is much better than a demo account which will not give you any pressure at all so mistakes will not make you want to evaluate. If you continue to lose money using small funds, it means that your trading skills are not yet good, so it is not the funds that are the problem, but the lack of knowledge.

So What things do you follow and advice before open a trade?

Stick with the target that has been set, even though we see there is an opportunity to get bigger profits, don't change the target because there is also the opportunity to lose because market conditions are changing rapidly

[GeorgeJohn]

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 investment in all cryptocurrency especially trading all of them is a risk so whenever you are trying to invest or trying to trade you should monitor the market to know what the market is all about because if you fail to monitor the market it will land you to lose whatever thing that you have that is why they say that you should trade with what you can afford to lose so if you know that you cannot afford to lose it you better not read with a big capital to avoid depression

[sulendra12]

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?

So you want to actually lose big amount of money? I'd always recommend to start your journey with small funds first so you can have a good grasp about what to do and what to not to do. If you don't like about using your money then what you have to do then? You won't get anywhere if you just read the theories without doing it in real trading, demo trading doesn't give you shit because it's just a demo and it doesn't really reflect current market especially about how you dealing with them in terms of emotions and reading the market.

There is no such thing as no losses in crypto trading, people starts from somewhere including me. Losing your funds sometimes could be beneficial for you because you can learn from those mistakes.