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Author Topic: how to become a Trader  (Read 9223 times)

Offline TripleVodka

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Re: how to become a Trader
« Reply #15 on: July 17, 2018, 02:15:21 PM »
Looking for experience first, you can start trading with little amount, because trading have many and big risk if you don't know the market and you can't forecast the price of the coin.
And you can use great coin for trading, like ethereum, BTC, BCH and etc.
thanks

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Re: how to become a Trader
« Reply #15 on: July 17, 2018, 02:15:21 PM »

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Offline bhe

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Re: how to become a Trader
« Reply #16 on: July 18, 2018, 05:32:32 AM »
become a good trader you need to lose money on the stock exchange, then people quickly learn from their mistakes

Offline UNIVERSE

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Re: how to become a Trader
« Reply #17 on: July 18, 2018, 06:08:17 AM »
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.

I learnt many things about how to trade and invest wisely in crypto. Asking in the forum is also very helpful. But, the most important thing is our own analysis and consideration to see and analyze the market. We must know how to pick the best coin in the low price and sell them when higher.  Never sell at the lower price. Learning by experience is also the best way.

Offline husanchaika

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Re: how to become a Trader
« Reply #18 on: July 18, 2018, 12:18:39 PM »
80% common sense and knowing how the 3 positions work (USD/Tether - BTC - Alt Coins)
20% Technical Analysis to build upon and min-max above.

Start with youtube, and learn about fibonacci retracements and trend lines and candle patterns, use only this for a while then move to moving averages and ichimoku clouds... then incorporate lagging indicators like RSI or MACD... only buy when things are low.. only sell when things are high.. pretty simple in theory.. a lot harder if you trade emotionally.

Hello! See you're a professional trader.
I am too.
But I never pay attention to fibonacci retracements and moving averages.
I am kinda conservative trader: for example, I sell if a stock is down and making a little bit correction, then draws base and if it goes down that base, then the stock is weak and should be sold immediately.
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Offline jraf20

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Re: how to become a Trader
« Reply #19 on: July 18, 2018, 02:51:46 PM »
You have to start from somewhere. I think technical analysis is crucial here but not everything. Because crypto market is different from the normal markets, there is hue manipulation. Therefore you should keep up to news and events too... Masternodes, releases, airdrops are important

I think to be a successful trader is just to go first in the policy and more research to make your mind more knowledgeable on what trader would be in the field of marketing side and to know the techniques.

Offline eldial

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Re: how to become a Trader
« Reply #20 on: July 18, 2018, 05:47:33 PM »
This is my plan someday I want to know a become trader  because this is very important when there will a transactions about this.First I want to know all the traders works.
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Offline marcsymons

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Re: how to become a Trader
« Reply #21 on: July 22, 2018, 09:55:45 AM »
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.

You will more about trading using the power of internet as a tool like search in the Google like this link which is intended for the beginners https://cryptocurrencyfacts.com/how-to-trade-cryptocurrency-for-beginners/. You could be an expert traders someday specially if you will work hard to learn the techniques and strategies with patience.

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Re: how to become a Trader
« Reply #21 on: July 22, 2018, 09:55:45 AM »


Offline Barmalei

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Re: how to become a Trader
« Reply #22 on: July 22, 2018, 06:46:22 PM »
I studied the technical analysis, in certain cases it works, but a problem that everything is connected with bitcoin and if he goes down, then and other coins to a toza fall though sometimes according to the technical analysis have to up
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Offline Barmalei

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Re: how to become a Trader
« Reply #23 on: July 22, 2018, 06:54:00 PM »
it is necessary to begin with the sum which it doesn't grieve you to lose in case of failure
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Offline Ashkap97

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Re: how to become a Trader
« Reply #24 on: July 25, 2018, 04:41:43 AM »
For day trading I solely use depth chart analysis, it is best for understanding the market of a coin in the immediate future. Technical analysis is better when you are swing trading where you hold a coin for several weeks. If you want to learn how trade or have questions on crypto in general then I would highly recommend this group: https://discord.gg/HSMHyCy [nofollow]. I've learnt how to be a great trader following their "voodoo rules" and reading everything in the "voodoo library" . The admins give calls on coins using depth chart analysis and the community is great for coin discussion.

Offline inewoods

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Re: how to become a Trader
« Reply #25 on: July 25, 2018, 08:04:41 AM »
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.

I guess you are using many different indicators for your technical analysis? This strategy works for me but it will not give me a 100% win rate, which is pure price action trading without any indicators but just the charts patterns support and resistance zone.
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Offline Renee z

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Re: how to become a Trader
« Reply #26 on: July 25, 2018, 11:27:12 AM »
Have you heard about DOBI BTM? It allows crypto-fiat exchange offline. Maybe just in the store/cafe/restaurant/bar around your neighbourhood.

Offline rightway

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Re: how to become a Trader
« Reply #27 on: July 26, 2018, 05:18:53 PM »
To become a trader we need to read more books and online tutorial in websites of some successful traders in crypto to give us enough knowledge when starting to trade to stay away from any risk of our investment capital.
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Offline koplak

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Re: how to become a Trader
« Reply #28 on: July 31, 2018, 03:05:35 PM »
I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
to be able to trade crypto of course we must have enough experience, and I also currently only learning phase and very eager to be a merchant who really can do well so that I can get the benefits as other people currently get.
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Offline Quantum X

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Re: how to become a Trader
« Reply #29 on: August 03, 2018, 07:22:35 AM »
Being a trader you should learn to appreciate the small profit even you just earn 5 percent from it. The most important is you earn and you can't get it in the bank in just an hour.

 

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