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Author Topic: how to become a Trader  (Read 9202 times)

Offline bosshyip

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how to become a Trader
« on: May 18, 2018, 08:40:35 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.
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how to become a Trader
« on: May 18, 2018, 08:40:35 PM »

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Offline sturec22

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Re: how to become a Trader
« Reply #1 on: June 07, 2018, 01:16:51 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

Offline bright future

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Re: how to become a Trader
« Reply #2 on: June 09, 2018, 09:34:07 AM »
I also want to learn to be a trader. Watch this topic. Maybe I can get much information here.

Offline altcoingamer

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Re: how to become a Trader
« Reply #3 on: June 09, 2018, 09:47:51 AM »
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.

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Re: how to become a Trader
« Reply #4 on: June 23, 2018, 02:57:34 PM »
To become a good trader you need to lose money on the stock exchange, then people quickly learn from their mistakes. Otherwise, no how.

Offline Angkoolart10

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Re: how to become a Trader
« Reply #5 on: June 24, 2018, 01:54:27 PM »
Become a trader is not easy there are a lot of information about technical and fundamental analysis.

try this https://www.altcoinstalks.com/index.php?topic=29491.0 it's about candlestick I hope it helps you. goodluck to you. happy trading.

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Re: how to become a Trader
« Reply #6 on: June 27, 2018, 07:51:12 PM »
Become a trader is not easy there are a lot of information about technical and fundamental analysis.

try this https://www.altcoinstalks.com/index.php?topic=29491.0 it's about candlestick I hope it helps you. goodluck to you. happy trading.
Yes, of course. It is not easy and need much experience. Thank you to let me know about the link above. good information.
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Re: how to become a Trader
« Reply #6 on: June 27, 2018, 07:51:12 PM »


Offline comer

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Re: how to become a Trader
« Reply #7 on: June 29, 2018, 05:15:11 PM »
A newbie to the cryptocurrency investment tend to trade with emotion thats why they end up losing their capital. Just try to be patience and observe market movement, there are only two rules to follow. "Buy low, sell high" patience and luck with brain should always be on your side for you to survive the temptation of selling your coin when price is low.
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Offline HappyFace

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Re: how to become a Trader
« Reply #8 on: July 08, 2018, 12:29:56 PM »
A welcome to you newbie. You want to start into trading but you don't know what to do. Let me share some of the things you need that will help you.

1. Don't go into a battle with no weapons. - What is this? In battle, a soldier needs weapons in order to win. Same with trading, in order to become a successful one, you need to gain knowledge and information that will help you in trading like for example. How to use indicators, How to use technical analysis. How to read candlesticks and so many more. Don't trade with no knowledge because your money will be gone like "POOF".

2. Trade emotionless. - This is very hard to do especially if you are a very emotional people. When I am starting in trading, I tend to put some emotions in my trading and what is the end - result? LOSS. WHY? Because when I saw my bought coin crashing down, I sold all of it at a loss because I don't want to lose my funds. Don't trade with emotions because emotions will eat you and your money. Trade calmly and no emotions involved. Smiley

3. Be patient - When traders ask for an advice, this is always the first thing they are saying but accept it that some traders tend to become impatient and the end, it will be a loss for them. If your bought coin crashed below your buying price, leave the exchange. Don't see it for hours or even days. Sometimes, we need to hold and be patient for us to gain profits. When I am trading and I see my coin dropped below my buying price, I'm reading here in the forum and I don't see the exchange very often. It will be stressful if you do that.

4. Don't risk any amount that you can't afford to lose. - You need to set a specific amount for you in trading that when that money is lost, you will not feel anything bad. In my first trading, I invested 100$ in trading. Lucky I am not at a loss right now but if if if my 100$ will be gone in trading, I will not feel anything because I can afford that value to lose. In order to do this you need some discipline too.

5. Don't trade by using signals from the pump and dump groups - I inserted this because I know that P & D groups especially on telegrams are SHIT.. PURE BULLSHIT. If you are a newbie, its better to learn how to read charts rather than hoping for the group to share some signals for you. Before they share a signal, they bought it already and they need people to pump it. When the time comes that their target price reached, they will dump into your face very hard that when you are about to sell it, you are now at a loss so don't trade using signals with them.

Hope this helps Smiley

Offline Angkoolart10

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Re: how to become a Trader
« Reply #9 on: July 08, 2018, 12:42:10 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 help you better in trading crypto please try to view my post  in this section titled GREAT ART OF A TRADER, enjoy trading.

Offline sugarchrisp

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Re: how to become a Trader
« Reply #10 on: July 09, 2018, 05:10:20 AM »
Honestly, just get some money into BTC and start doing it.  You can watch youtube videos and stuff to get some of the basics, but "buy low, sell high" is pretty straight forward.  Experience is the best teacher here, but you should still learn a bit of technical analysis every day as well, so you can know when to buy and when not to buy.
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Offline Ris44d

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Re: how to become a Trader
« Reply #11 on: July 10, 2018, 05:29:06 PM »
you need to watch and track the markets everyday.and  you need to set a min lose and max profit.

Offline altery0518

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Re: how to become a Trader
« Reply #12 on: July 14, 2018, 06:20:18 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 become an expert trader is to study the nature of the business you like to trade, reading books related to crypto so people want to invest have full knowledge on how crypto work.

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Offline BibitBot

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Re: how to become a Trader
« Reply #13 on: July 17, 2018, 12:27:21 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.

Good afternoon! Yes, to learn arbitration of cryptocurrencies to work hard much! And without mistakes anywhere. On the Internet there is a lot of useful information on this subject. However, our best teacher is a practice! When you already gain the minimum knowledge, begin to trade. On small volumes to understand the principle. Also, pay attention on boats which help to trace holes. Our boat, for example. sends notices directly to Telegram with 5000+ of holes in day that allows our users to increase the capital!
So don't waste time, time = money ;)
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Offline husanchaika

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Re: how to become a Trader
« Reply #14 on: July 17, 2018, 12:56:45 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.

The answer is simply: start trading.
But before that, I recommend you to watch how prices move for a long time.
Don't try those demo trading, it won't teach you at all, believe me.
Only when you lose or win your many - that experience can teach you.
But you need just to watch how price moves for about a week. Then you'll know much what the crypto can do.
Then you need a good mentor.
In trading without mentorship no way to success.
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taucoin.io




THE ACTIVE
U N I T




......AN EXPERIMENTAL......
.PROOF-OF-TRANSACTION.
......CRYPTOCURRENCY......




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  ICO       
OCTOBER 15TH
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