The traders mindset

[Macabury]

A trader is a market capitalist who studies the direction of assets with the aim of taking profit based on changes in the price of the asset or assets. A trader is a reader and a studies. Anything outside reading and studying (research) is plain gambling. A trader can be positional, swinger, scalper or eventually trader. We can still group traders based in the tool the use in making prediction. Fundamental traders deal on news and technical traders deal on tools made available to spot market trends , peaks, direction and state. A good trader keeps emotions far from them when making trading decisions. Trading is fun but the risk is no respected of anybody not even the pro-traders

[Oshosondy]

We can still group traders based in the tool the use in making prediction. Fundamental traders deal on news and technical traders deal on tools made available to spot market trends , peaks, direction and state.

You can not group traders in this way. A good trader must know how to do both technical and fundamental analyses. They are both important.

What you can group traders in are scalping, swinging, day trading. It goes as far to arbitraging and P2P. There may still be others.

[Cryptohygenic]

I am just confused with your post title and looking at the body of the post, I don't know if I should start arguing or discussing about the formats of a good trader.
Mindsets of traders is as simple as expecting every of their trades to be profitable to them and a good trader must be studious about the coins trading on and must learn to discover personalized a good trading strategy.

[TheUltraElite]

Mate, trading mindset and types of traders are two different things.

The trading mindset is when a trader understands when to buy and when to sell. This comes after years of practice and observing the market cycles. If they are logical enough they will gain this mindset in a few months time and when that happens they will no longer panic or drool during a bear or bull cycle respectively.

Also try not to post here using a translator, it is better to make posts in native language.

[hugeblack]

I do not agree with you, trading is not only related to knowledge, otherwise people who undergo intensive courses and deep knowledge of technical analysis are supposed to achieve good performance in trading and without a loss record/wrong orders.

Trading is related to risk management and related strategies, some trading strategies are low risk in the long term and some are more risky, your knowledge of these strategies and assessment of risk levels is what prevents you from losing.

[Japinat]

A trader is still a trader, even if they’re not successful, as long as they’re actively trading. Same goes for gamblers, even professional gamblers who consistently win are still categorized as gamblers.

The only difference is the strategy. Everyone has their own approach in trading, but some strategies work, while others don’t, and that’s what separates the winners from the losers.

[Peanutswar]

If you are a trader you need to consider the market situation whats the current trends now ideal to seek a token suitable for your trading habit and make an analysis of the next price action if its good with your trade or not. Always manage the risk by having a good leverage and a possible entries and ideal to make stick with plan if you have, of course you will have no one want to fight in a war without a weapon. As long as you can get a profit with the market you are still an effective trader.

[batang_bitcoin]

A good trader keeps emotions far from them when making trading decisions.

Tell this to many traders that until now are emotional. It's easy to say that they shouldn't be emotional and remain focused to what they are looking for and that's with profiting through their trades. They cannot profit if they are emotional and have a different mindset than what you have mentioned.

  Trading is fun but the risk is no respected of anybody not even the pro-traders

It is fun when you know what you are trading and the strategies that you are applying. But the risk stays and it is only reduced based on the knowledge and experience that you have gained.

[Cryptohygenic]

If you are a trader you need to consider the market situation whats the current trends now ideal to seek a token suitable for your trading habit and make an analysis of the next price action if its good with your trade or not. Always manage the risk by having a good leverage and a possible entries and ideal to make stick with plan if you have, of course you will have no one want to fight in a war without a weapon. As long as you can get a profit with the market you are still an effective trader.

And again there is always conflicts evolving the market which brings about the evaluations of demands and supplies based on each coins fluctuations.
So it is also important to have dynamic trading strategies so you can always resolute drastically with the market sentiments in other for you to apply suitable strategies according to the current treds that is to bring you profits.

[jaberwock]

I am just confused with your post title and looking at the body of the post, I don't know if I should start arguing or discussing about the formats of a good trader.

Yeah, this is what most of the users have noticed in the room. IDK why there are lots of them lately. Is this the new narrative? . Anyway, I think what matters the most is the body or the subject of the thread. There is no need to argue mate, as/and I think you already did that earlier. So, all you have to do now is to discuss the formats of a good trader.

Mindsets of traders is as simple as expecting every of their trades to be profitable to them and a good trader must be studious about the coins trading on and must learn to discover personalized a good trading strategy.

Yes and who doesn't want to win their trades anyway? As that means profit but it is just that not all of them are good. They also have this poor mindset of being greedy to ignore even the most important things like studying. When it comes to trading strategy, indeed that it usually comes from within and not just from someone else. If we found something, we must learn how to personalized it, tweak or modify, it because it can surely perform much better whether it is already performing well or not yet.

[Findingnemo]

A trader is someone who thinks that they can predict the future outcome, and people have their own ways like analysis using different indicators or simply based on the news, etc. There's no right or wrong here cause we are dealing with the prediction so as long as they make profits from whatever method they follow they're considered as right one even if they are blinding taking their positions on random basis.

[BitMaxz]

I do not agree with you, trading is not only related to knowledge, otherwise people who undergo intensive courses and deep knowledge of technical analysis are supposed to achieve good performance in trading and without a loss record/wrong orders.

Trading is related to risk management and related strategies, some trading strategies are low risk in the long term and some are more risky, your knowledge of these strategies and assessment of risk levels is what prevents you from losing.

I just want to add that this knowledge will only help you to determine the probability; there's no guarantee that you can predict where the price goes. Trading is extremely risky,, and the market is extremely volatile. If you do not learn how to manage risk, you may lose your capital.

Even if we study them deeply in technical analysis, the result is different without trading experience. That is why people always said that we can only improve if we experience some mistakes.
So, as a newbie or beginner, I always suggest that every time you learn something new in trading, always do it in paper money when trading or do it with a small amount that you can afford to lose.
Experience is what you need to improve any strategy that makes you profitable trades.

[Davidvictorson]

A trader is a market capitalist who studies the direction of assets with the aim of taking profit based on changes in the price of the asset or assets. A trader is a reader and a studies. Anything outside reading and studying (research) is plain gambling. A trader can be positional, swinger, scalper or eventually trader. We can still group traders based in the tool the use in making prediction. Fundamental traders deal on news and technical traders deal on tools made available to spot market trends , peaks, direction and state. A good trader keeps emotions far from them when making trading decisions. Trading is fun but the risk is no respected of anybody not even the pro-traders

As a newbie and I write this respectfully, you show focus at this time on reading than on creating new topics. When you read, you will learn how others structure their topics and passage the message or create discussions points to be deliberated on. And this is something that you missed out on in this thread.
Your topic is not well structured and I am getting confused as to the exact point which you are trying to make.

[Rruchi man]

Fundamental traders deal on news and technical traders deal on tools made available to spot market trends , peaks, direction and state.

To be really successful in trading, you need to take into consideration the technical and fundamental aspects of the market. Traders who solely concentrate on technical analysis have a lower chance of success; similarly, traders who concentrate on fundamental analysis alone.

They are both important and should be considered.

[harapan]

A trader is a market capitalist who studies the direction of assets with the aim of taking profit based on changes in the price of the asset or assets. A trader is a reader and a studies. Anything outside reading and studying (research) is plain gambling. Fundamental traders deal on news and technical traders deal on tools made available to spot market trends , peaks, direction and state.

Seriously the traders mindset is kind of different from what you're saying tho you might be abit on point cause a situation whereby a trader doesn't read or study but have a good positive outcome in his trades what do you specify that person as? But what I think is a trader needs all it takes to be successful but most importantly he should know when to take huge risks and make necessary decisions because there usually be a change in the market predictions and your decisions matters at this point, and again having the right information matters alot too.

[Natalim]

If you are a good trader, you know exactly what a trader’s mindset should be. You don’t only focus on fundamentals and technicals, but in general you do focus on trading as a business that gives you active and passive income. More than that, trading is a continuous learning process, so a good trader should never stop learning even at once, but will continue to grow and develop more, and make sure to manage high emotions in order to come up with rational decisions, and not just chasing quick gains due to one’s excitement to experience profits.

[Catenaccio]

I do not agree with you, trading is not only related to knowledge, otherwise people who undergo intensive courses and deep knowledge of technical analysis are supposed to achieve good performance in trading and without a loss record/wrong orders.

Trading is related to risk management and related strategies, some trading strategies are low risk in the long term and some are more risky, your knowledge of these strategies and assessment of risk levels is what prevents you from losing.

Emotion and psychology control is more important because it decides what you do in the market with your money. Like if you don't have too good knowledge of fundamentals and don't have good technical analysis capability to assess one project, you can still avoid joining it, assumes as a scam project, by being careful and avoid being too greed.

It's emotion and psychology control, that matters a lot for your action in market.

For learning trading in cryptocurrency market, I can share.
Awesome crypto trading.
Learn crypto trading.
Stop loss, one of best weapons in trading.

[taufik123]

I just want to add that this knowledge will only help you to determine the probability; there's no guarantee that you can predict where the price goes. Trading is extremely risky,, and the market is extremely volatile. If you do not learn how to manage risk, you may lose your capital.
-snip-

Some people are also unaware of the risks they will face.
They just do the analysis, make trades according to what they understand.

Knowing how to do risk management to avoid bigger losses will be very helpful in the trading process.
Not only the mindset of a trader, but also as an investor knowing what risks will occur will be very helpful in determining the strategy to be used.

It is also related to the psychology of trading, as every decision will affect the final outcome to be achieved.

[michellee]

That is why you should learn deeper about trading so you know what you need to do based on the current situation. You can not trading without making analysis because that can lead you lose your money. If you can analyze the market before you trade, you will see the chance to make a profit. You will know when you enter and quit trading because you can see that from your analysis so you can directly act according the situation.

A good trader will control their emotions and not involve it in trading because that can disturb their analysis and make them difficult to decide. Trading is fun but they know how to handle the risk not to become big.

[hero_the_bossman]

That is why you should learn deeper about trading so you know what you need to do based on the current situation. You can not trading without making analysis because that can lead you lose your money. If you can analyze the market before you trade, you will see the chance to make a profit. You will know when you enter and quit trading because you can see that from your analysis so you can directly act according the situation.

A good trader will control their emotions and not involve it in trading because that can disturb their analysis and make them difficult to decide. Trading is fun but they know how to handle the risk not to become big.

Trading is about knowledge converted into experience, and said experience - into profit.
However, emotions sometimes block the potential of your sessions - they may help in some situations, but mostly, they push you toward acting irrationally, which is bad, of course.