What traders must know

[RockBell]

Everything you've said OP are the vital things to learn. Unfortunately, can't forced everyone to do this and take this seriously as they don't feel yet the hardships until they will found it how difficult it was when suffering losses.

We've see a lot of newbies are trading and thinking that they could earn easily even without knowledge but the results blown out their mind and realized their mistakes from ignoring these things.

Trading is not just money but in order to succeed, we also need to deal our emotions and greed as these are the common reasons why many traders fails.

That is where a lot of people are missing it, they do not want to learn but they want to make money from trading, exactly you can not force anyone from learning it is supposed to be free will, and since they picked interest personally I still wonder when it gets to learning they don't look serious and they start giving excuses and when they start losing money they will start blaming people and the first thing you do when you want to introduce somebody to gambling it is better to tell them the risk behind trading. and crypto in general.

from the good side of crypto, it looks interesting but when it comes to the real deal people will start bailing out and they want to make money, I see how some newbies behave towards their interest in crypto, and I will just be smiling some will even tell you that they will buy this buy that from their profit and so on, I just look and smile because if they continue in crypto am sure their mindset will change and even if they make profits they will still want to reinvest, you will want your invest to increase and not to reduce instead of spending what you are getting from there.

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[Sanitough]

Doing trading is not easy; it takes time to set aside for it; there are no shortcuts; everyone has to go through the basics first. And there is no need to hurry, because the capital you will use for trading here in cryptocurrency or bitcoin may be ignored immediately.

Just don't give up; continue what you started here in the crypto space. I also studied it for several months, and I did not immediately understand and get the meaning of studying it here in the field of trading in the crypto business.

Trading is not like chasing profits and a get rich quick, it certainly follows a long process and if you’re weak, you’ll never manage to overcome the risks but if you’re strong and confident enough, you will win your trades despite of the highly unfavorable market condition. So take your time to learn as there’s no shortcuts to success. While trading can make you instant rich in the process, it can also leave you pocket empty and homeless if you are not patient but chose to be always greedy to find profits despite of how volatile and unpredictable the market is.

[Hypnosis00]

Tips are given already by old and expert traders, what we just need is to make some effort to follow what they say. I'm sure was not hard to do it if we aim to become like them or even better. Unfortunately, what happened now is most new traders want instant learning and profit. What is in there is that once they learn to trade today they will expect they become experts tomorrow.

There are misconceptions in trading that these newbies must correct what is in their minds. They have to stop assuming that trading is easy but rather they think it is hard and need to exert effort to learn trading in general in order to succeed.

[Russlenat]

Tips are given already by old and expert traders, what we just need is to make some effort to follow what they say. I'm sure was not hard to do it if we aim to become like them or even better. Unfortunately, what happened now is most new traders want instant learning and profit. What is in there is that once they learn to trade today they will expect they become experts tomorrow.

There are misconceptions in trading that these newbies must correct what is in their minds. They have to stop assuming that trading is easy but rather they think it is hard and need to exert effort to learn trading in general in order to succeed.

I believe these traders have only gained misconceptions on trading when they start believing these social media trading influencers. Whatever they say, they prefer to believe because these self-acclaimed successful traders have always made sure to deceive these newbies for their own personal interest. This is the reason why most newbies experience consistent losses in trading, and I think that’s quite good for them so they will learn their lesson and not to put their trading success on what other people’s say. They just have to trust no one but only theirselves.

[boty]

I believe these traders have only gained misconceptions on trading when they start believing these social media trading influencers. Whatever they say, they prefer to believe because these self-acclaimed successful traders have always made sure to deceive these newbies for their own personal interest. This is the reason why most newbies experience consistent losses in trading, and I think that’s quite good for them so they will learn their lesson and not to put their trading success on what other people’s say. They just have to trust no one but only theirselves.

When we learn about trading from influencers on social media, of course this is very risky for the trading that we do and they could provide an understanding that is not based on the experience they have and it could be that they only have little knowledge and have never been successful in the trading they do. because they only think about their own profits from the number of views on their social media.

Every beginner of course has to find someone they can trust and who has experience in trading so they can learn from and see their experience, because if they learn from people they don't know they might be fooled and will never be able to learn about trading properly.

[MusaMohamed]

When we learn about trading from influencers on social media, of course this is very risky for the trading that we do and they could provide an understanding that is not based on the experience they have and it could be that they only have little knowledge and have never been successful in the trading they do. because they only think about their own profits from the number of views on their social media.

It is not bad or not good to learn from them. Sometimes they have something you can learn but everyone must have ability to filter information, double check it with other sources and decide what to learn.

It's not completely true that all information shared by influencers are wrong but if a newbie does not have proactively learning skills, they will be led by influencers and sometimes with incorrect knowledge.

Every beginner of course has to find someone they can trust and who has experience in trading so they can learn from and see their experience, because if they learn from people they don't know they might be fooled and will never be able to learn about trading properly.

Learn about trading
Awesome crypto trading.
Awesome systematic trading.

[Cryptomultiplier]

Am not much of a trader, but I do some occasional swapping between coins, with withdrawal or deposit or funding a wallet.
If there's one thing I have come to know that's imperative for one to be successful at trading, it is that there are times in the day when the market changes direction, it must be noted. These times often come with changes in network fees, changes in price pattern and congestion of network.
A trader must know at which time of the day is best to trade their coins, when it's best time to enter the market and when to exit as well as when new developments and innovative tools are created and the tech know how.

[Sorryfor]

First of all I think you must acquire enough knowledge about this subject to start trading. There is a lot to know about the crypto currency market in particular. How does it actually work? In what process does it work? Knowing the details about it will make trading much easier for you. Then I think the most important thing for you to trade is if you have someone around you who has already made a lot of profit from trading and also has an experienced person around. Then you can master it very easily And then you need patience in trading. Because in this you will face many tests. It could be a market downtrend that will leave you quite depressed. But if you stick to the right strategy and be consistent, as well as be patient, you can hopefully become a successful trader in the future.

[Hamza2424]

There are misconceptions in trading that these newbies must correct what is in their minds. They have to stop assuming that trading is easy but rather they think it is hard and need to exert effort to learn trading in general in order to succeed.

Hmm, the hype and fake marketing done by these options trading so-called apps and other platforms created this entire mess by just making the tag lines, trade from, home earn in taps and blah blah they are doing spam by themselves and putting shit in minds of regular users.

TBH anyone can make money in any position once or twice but when it comes to trade things are not as simple as they look there are just two buttons, Buy & Seel but these buttons decides the destiny of your entire portfolio. Buttons are the same for everyone but the decision-making and the entire story behind those clicks are different which I call the trade analysis approach.

[ScamViruS]

When we learn about trading from influencers on social media, of course this is very risky for the trading that we do and they could provide an understanding that is not based on the experience they have and it could be that they only have little knowledge and have never been successful in the trading they do. because they only think about their own profits from the number of views on their social media.

The biggest mistake in trading is that inexperienced traders start trading by following influencers. Influencers always put their business first, it doesn't hurt them if someone trades and loses money after watching their videos. Because they are always profitable for their purposes. A trader can be successful only when he gains proper experience in trading and uses his own knowledge to trade. But new traders look for various shortcut ways in the hope of making quick profits. But how harmful it is for them only realizes after losing money in the market. Being a successful trader is impossible without gaining proper experience in trading, there is no short cut way to become a profitable trader.

[boyptc]

Am not much of a trader, but I do some occasional swapping between coins, with withdrawal or deposit or funding a wallet.
If there's one thing I have come to know that's imperative for one to be successful at trading, it is that there are times in the day when the market changes direction, it must be noted. These times often come with changes in network fees, changes in price pattern and congestion of network.
A trader must know at which time of the day is best to trade their coins, when it's best time to enter the market and when to exit as well as when new developments and innovative tools are created and the tech know how.

Noting of the changes that there's always a situation that we have to deal with it.

The fees, etc. are normal but the trends as well that a trader needs to remember must be there too. It's not guaranteed that everyone will make a profit in the market upon doing trades.

It's not enough that you are knowledgeable but you also need to make good decisions on how you're going to deal with it then afterwards. Selling, buying, holding, these terms seem to be easy but hard to make calls once you are there.

[Finestream]

When we learn about trading from influencers on social media, of course this is very risky for the trading that we do and they could provide an understanding that is not based on the experience they have and it could be that they only have little knowledge and have never been successful in the trading they do. because they only think about their own profits from the number of views on their social media.

The biggest mistake in trading is that inexperienced traders start trading by following influencers. Influencers always put their business first, it doesn't hurt them if someone trades and loses money after watching their videos. Because they are always profitable for their purposes. A trader can be successful only when he gains proper experience in trading and uses his own knowledge to trade. But new traders look for various shortcut ways in the hope of making quick profits. But how harmful it is for them only realizes after losing money in the market. Being a successful trader is impossible without gaining proper experience in trading, there is no short cut way to become a profitable trader.

When it comes to trading, there’s no one you can trust but only yourself. Crypto influencers are just there to guide or assist us, but we can’t expect that what works for them may also work for us. In fact, we aren’t even sure if they’re actually successful and profitable traders, or just great pretenders in order to gain million views and subscribers.

Once you decide to trade, ensure first that you are not just knowledgeable but skilled on your craft as well. Trading is risky and there will be more losses than winning in the market, so if you want to trade, learn first how to avoid those losses in order to maximize your profits.

[South Park]

When we learn about trading from influencers on social media, of course this is very risky for the trading that we do and they could provide an understanding that is not based on the experience they have and it could be that they only have little knowledge and have never been successful in the trading they do. because they only think about their own profits from the number of views on their social media.

The biggest mistake in trading is that inexperienced traders start trading by following influencers. Influencers always put their business first, it doesn't hurt them if someone trades and loses money after watching their videos. Because they are always profitable for their purposes. A trader can be successful only when he gains proper experience in trading and uses his own knowledge to trade. But new traders look for various shortcut ways in the hope of making quick profits. But how harmful it is for them only realizes after losing money in the market. Being a successful trader is impossible without gaining proper experience in trading, there is no short cut way to become a profitable trader.

What is interesting is that those traders that try to find shortcuts to become profitable traders are often the ones that take the most time to reach their goal, supposing they were to ever reach it, however the ones that from the beginning understood that trading was not going to be easy and that it will require a great deal of effort for them to become profitable, are ironically the ones that can reach their goal the fastest, as they often ignore completely the advice given by influencers.

[Ben Barubal]

     Not everyone who is interested in Bitcoin or cryptocurrency and wants to become a trader is called for it. I have many acquaintances who are interested in it, and almost all of them who tried acquaintances also didn't last long.

     Their motives and intentions are also different, so they didn't stay long with me doing this. So in the end, the one left here is me because I understood what I entered and chose. The others just say that they are interested in becoming traders here in the crypto space because they think that trading is easy to learn and that after that they will make money immediately. Well,  their thinking and expectations are wrong, so the result is that they will lose their appetite in the end.

[Ever-young]

A trader must understand the risks they are willing to take and how to keep their capital intact, as well as having self-control, which means being patient, not losing hope by losses when they occur, making sound decisions before entering the market, and being disciplined.

[synchronym]

there are skills traders needs to acquire in other to be successful in the crypto market, and I will be talking about them, which are;


. patience: in trading patience is on of the skill required for you to be successful.

To be successful in the crypto market one must have enough knowledge about the crypto market. Therefore, if they want to achieve success, they must acquire enough knowledge about the crypto market. Investment patience is very important in the crypto market. Many people become impatient. To invest in the crypto market, you must have patience. You must have a long-term investment plan. Invest after checking the market. Investing in the crypto market will lead to success.

[ScamViruS]

When it comes to trading, there’s no one you can trust but only yourself. Crypto influencers are just there to guide or assist us, but we can’t expect that what works for them may also work for us. In fact, we aren’t even sure if they’re actually successful and profitable traders, or just great pretenders in order to gain million views and subscribers.

Yeah. A trader must always believe in himself, it is not possible to become a profitable trader by depending on others. Influencers often receive money from various projects to promote that particular project and random analysis to give buy signals to viewers, so it's important to be careful when following influencers. And it's important to have knowledge about trading so that you don't get exposed to losses by trading on random signals given by influencers.

What is interesting is that those traders that try to find shortcuts to become profitable traders are often the ones that take the most time to reach their goal, supposing they were to ever reach it, however the ones that from the beginning understood that trading was not going to be easy and that it will require a great deal of effort for them to become profitable, are ironically the ones that can reach their goal the fastest, as they often ignore completely the advice given by influencers.

Shortcuts are always dangerous, but an inexperienced trader needs to spend a lot of time and lose a lot of money to understand its dangers. So a trader must always spend time on education, avoid random trading to become a profitable trader. At some point everyone realizes their mistake and starts spending time on learning, but that's after wasting a lot of valuable time and money.

[Issa56]

.over leaverage: in as much as leaverage is very enticing but try as much as possible not to over leaverage, so that you wouldn't got liquidated easily.

I do recommend only professional traders to trade futures alone, if you are a newbie or still learning, then stay away from futures trading. Future trading can easily wreck you, so avoid it, and if you are going into future trading, make sure you use low leverage, and make sure you don’t enter a trade with all the money you are having in your account, to extend your liquidation price. But if you are a newbie, stay away from future trading, don’t be pushed by high reward in future trading, your chances of you losing money is high.

. stick to a trading strategy and trust your analysis: try as much as possible to stick to your trading strategy and trust your analysis.

What if you are no longer making a good profit with the strategy you are using? Are you still supposed to stick to it? If you are trading and the strategy you are using is not really working well for you, then you should upgrade or change your strategy. You can’t keep on using a strategy forever, so there is room to change your strategy.

[adpinbr]

Trading is not for everyone Actually, you may lose all you have within a blink of an eye because of overconfidence on ground. So you should know that Trading is just like gambling. You can go home and Hand me why you have some dollars that is how it’s also is so if actually, you really want to go into trading, you have to take a profile precaution take note of the kind of Trading, you about to do take note of the market, and the habits of learning listening. A lot of people can easily call themselves traders that they trade very well and the symptoms serve very good in Trading. That is actually how the presents them self to you. I am saying this because we only have a few perfect traders out there. so even if you are taking precautions and preparing yourself for Trading, he also have to learn from a good mentor not just a random person giving you an advice or giving you a trading guidelines. Yes this is always necessary but the question is are you getting it from a right source because it is needed as a beginner So these are what three must know and have to keep this rules to avoid money, loss or waste of time for successful project thank you.

[MFahad]

A trader must understand the risks they are willing to take and how to keep their capital intact, as well as having self-control, which means being patient, not losing hope by losses when they occur, making sound decisions before entering the market, and being disciplined.

A trader should also understand that they need to take calculated risks if they don't want to disturb their trading activities because of excessive losses. When you don't take calculated risks, invest money in every cryptocurrency you see just because you have a gut feeling that it might provide great profits, you will most probably lose a lot of money and that isn't good for your trading career.
Mostly, newbie traders make the mistake of investing in either new or hyped cryptocurrencies without doing any research which makes them lose money and then they become disheartened and stop trading due to the losses. So they need to make sure that they do their research before they get into any investment.