How do you strengthen your trading capacity?

[Crwth]

It made sense when I was profiting from it and ensuring risk management was in place. However, my trading journey had a rocky start. Still, it's been a long time, and being emotionless and sticking to my analysis has yielded good results, especially in the long run.

I believe consistency is the best way to measure the right job.

[SmartGold01]

I’m asking because I’ve been following Diamond Thursday for about 20 weeks now, and the number of traders participating is amazing despite the current shaky price action. Also, at what point did you realize trading was for you?

Trading isn't for anyone and also trading is for everyone provided you can make profits from trading, most times you can realized that trading is meant for person when you sees yourselves always on profits them you can see that trading is for you. But when you keeps incurring loses then it could be better they channel their efforts into doing something else that could fetched them money than trading and wasting their resources.

If you don't have the right strategy to trade, you surly will be on the losing streak. What most traders fails to understand is that trading is all about your knowledge+ capital. You can be doing the wrong thing for long and probably give up. But then get a mentorship, learn a strategy that has been proven to work then practice without thinking much of the profits or the losses. If you do as little as this being a profitable trader might take long but surly in a couple of 2or 3 years you will begin to see the difference.

Trading is about time and patient and whenever a trader is patient enough to learn and explore different strategies or even haven a proven strategy to help them make profits it would be that good for the trader, and if course you are right because without good capital and strategy that person could be in a longer losing streak.

[Azharul]

There are lots of traders loosing but if you can survive while you are trading and you keep a journal of your trades, it will help a lot to understand why you lose and why you win on that trade. If you just keep trading without a journal you can't understand why you lose and win, and you can't get a better strategy to be profitable.

Risk management also help you survive when price is always against your prediction.

Expand your knowledge and try other strategies and experience all of them I'm sure you will notice something.

You could be created an excellent comment in your post. We also know that trading is one of the best profitable source in cryptocurrency market. But if we want to be a best trader we must understand in cryptocurrency market carefully. Because we also know that trading system also very risky for us. But when we can acquire knowledge clearly in cryptocurrency market and trading system, then we can earn best profit in cryptocurrency market. Because we know that knowledge is one of the best element for trade.

[Mr. Magkaisa]

There are lots of traders loosing but if you can survive while you are trading and you keep a journal of your trades, it will help a lot to understand why you lose and why you win on that trade. If you just keep trading without a journal you can't understand why you lose and win, and you can't get a better strategy to be profitable.

Risk management also help you survive when price is always against your prediction.

Expand your knowledge and try other strategies and experience all of them I'm sure you will notice something.

You could be created an excellent comment in your post. We also know that trading is one of the best profitable source in cryptocurrency market. But if we want to be a best trader we must understand in cryptocurrency market carefully. Because we also know that trading system also very risky for us. But when we can acquire knowledge clearly in cryptocurrency market and trading system, then we can earn best profit in cryptocurrency market. Because we know that knowledge is one of the best element for trade.

           -      I agree that trading is a really profitable source of profit if we are one of those who really understand trading in the world of this crypto industry, because otherwise we will not get any profit from it. There are really many things to consider here so that we can achieve continuous profit.

Let's not be like others who always want a shortcut so that's also the shortcut that quickly loses their capital, because we are still struggling with the study that we will do so that the profit that we will get will for sure be for our benefit in the future.

[Asiska02]

The market isn’t helping at the moment, but for traders, how do you strengthen your trading capacity? We all know trading requires constant learning, so how do you improve and stay ahead of the 90% of non-profitable traders? Do you challenge yourself by participating in competitions, set personal targets, or take other approaches? 

I don’t take part in any competitions and I don’t also take any other approach aside from trading using what I understand from the market. I know most of the time my analysis may not go well, but at least I’ve learnt something out of it. When using  demo account, I don’t feel the need to analyse the market very well and take trades rather I do most of that when I have a funded account. There was a time I was seriously into this trading thing, but decided to give it a break while still checking the market from time to time but not actively trading. I just believe it is another way of making money but it requires sacrifice, and also a mind made up to see it as another career, only then will your focus on it yield result.

[BitMaxz]

There are lots of traders loosing but if you can survive while you are trading and you keep a journal of your trades, it will help a lot to understand why you lose and why you win on that trade. If you just keep trading without a journal you can't understand why you lose and win, and you can't get a better strategy to be profitable.

Risk management also help you survive when price is always against your prediction.

Expand your knowledge and try other strategies and experience all of them I'm sure you will notice something.

You could be created an excellent comment in your post. We also know that trading is one of the best profitable source in cryptocurrency market. But if we want to be a best trader we must understand in cryptocurrency market carefully. Because we also know that trading system also very risky for us. But when we can acquire knowledge clearly in cryptocurrency market and trading system, then we can earn best profit in cryptocurrency market. Because we know that knowledge is one of the best element for trade.

I agree that trading is a really profitable source of profit if we are one of those who really understand trading in the world of this crypto industry, because otherwise we will not get any profit from it. There are really many things to consider here so that we can achieve continuous profit.

Let's not be like others who always want a shortcut so that's also the shortcut that quickly loses their capital, because we are still struggling with the study that we will do so that the profit that we will get will for sure be for our benefit in the future.

Doing a shortcut in trading without studying the basic is a bad way to learn trading without the basic you don't know why the price bounce or why the price after touching support or resistance, it reacts or anything from the basics, including engulfing or shooting star candle patterns. If you don't know them you don't know where to enter where to exit.
All of the basics must be learned because you can use them for entry and exit not just for TP plus the help of risk management. Always make sure the SL is tight. If that SL hits, don't overtrade. I've been there before. After my trade hit SL, I immediately entered again. That's a pretty bad mindset. Now I've learned to leave it and wait for another setup before I enter again and plan where to put SL.

[sagarmota10]

Trading is very hard process bcz it's including our Capital , emotions and time. We can practice on paper for learning the trading but it's a different situation when we are going with real money bcz it's including our emotions too.

Before going to be a trader I think we must be a investor first. And follow by trader with small amount of money 💰. Trading can give us small returns but investing gives us massive and doesn't have fear to be lequidated on any news. To improve the trading skill we must require both knowledge Technical analysis and fundamental analysis for the profitable Trade.

[Nheer]

Trading is very hard process bcz it's including our Capital , emotions and time. We can practice on paper for learning the trading but it's a different situation when we are going with real money bcz it's including our emotions too.

Before going to be a trader I think we must be a investor first. And follow by trader with small amount of money 💰. Trading can give us small returns but investing gives us massive and doesn't have fear to be lequidated on any news. To improve the trading skill we must require both knowledge Technical analysis and fundamental analysis for the profitable Trade.

Emotions deal with traders both newbie and professional traders but we just have to overcome it and be more strong cause seeing your entry being in loss and your money getting sweep hurts a lot but when a trader overcome it then  he/she can enter a entry without fear. But although it will take a lot of time and patience for the emotions to be overcome and the emotions can’t be overcome all but just a little can be overcome. Trading is really a hard and difficult activity but when one is knowledgeable enough then the trend will be your friend and to analyze the market and place a entry won’t be a issues but the main problem is just the dedication and commitment many come to trading and go cause they never thought is that hard and they never come back again.

[SmartGold01]

Trading is very hard process bcz it's including our Capital , emotions and time. We can practice on paper for learning the trading but it's a different situation when we are going with real money bcz it's including our emotions too.

Before going to be a trader I think we must be a investor first. And follow by trader with small amount of money 💰. Trading can give us small returns but investing gives us massive and doesn't have fear to be lequidated on any news. To improve the trading skill we must require both knowledge Technical analysis and fundamental analysis for the profitable Trade.

Emotions deal with traders both newbie and professional traders but we just have to overcome it and be more strong cause seeing your entry being in loss and your money getting sweep hurts a lot but when a trader overcome it then  he/she can enter a entry without fear. But although it will take a lot of time and patience for the emotions to be overcome and the emotions can’t be overcome all but just a little can be overcome. Trading is really a hard and difficult activity but when one is knowledgeable enough then the trend will be your friend and to analyze the market and place a entry won’t be a issues but the main problem is just the dedication and commitment many come to trading and go cause they never thought is that hard and they never come back again.

To me instead of always feeding the market it would be better to make Investment than trading because when they are not that good with trading they would lose all they have without them making profits, for one to make profits it would be better they learn how have patient to trade especially to discover a strategies that could last more in making profits.

[gunhell16]

Trading is very hard process bcz it's including our Capital , emotions and time. We can practice on paper for learning the trading but it's a different situation when we are going with real money bcz it's including our emotions too.

Before going to be a trader I think we must be a investor first. And follow by trader with small amount of money 💰. Trading can give us small returns but investing gives us massive and doesn't have fear to be lequidated on any news. To improve the trading skill we must require both knowledge Technical analysis and fundamental analysis for the profitable Trade.

Emotions deal with traders both newbie and professional traders but we just have to overcome it and be more strong cause seeing your entry being in loss and your money getting sweep hurts a lot but when a trader overcome it then  he/she can enter a entry without fear. But although it will take a lot of time and patience for the emotions to be overcome and the emotions can’t be overcome all but just a little can be overcome. Trading is really a hard and difficult activity but when one is knowledgeable enough then the trend will be your friend and to analyze the market and place a entry won’t be a issues but the main problem is just the dedication and commitment many come to trading and go cause they never thought is that hard and they never come back again.

I don't think I've ever seen a trader who doesn't use their emotions, we are human and of course it's normal for us to feel emotions. What some people forget is that our emotions can only be directed in two directions and the first is the good and the second is the bad response in our physical body.

So if something good happens, our emotions respond well while if something bad happens, our emotions respond badly, which is often the case in crypto trading
when they see their capital being dissolved.

[Dr.Bitcoin_Strange]

Someone said that it's good to follow up in a trading community where you see other people doing same thing you are doing and you can learn from them and move faster, while that's true, it can also be difficult to find a trusted community to reply on. For me, I prefer to go slowly, learning from my mistakes and practicing to become more better than I was last year. To improve yourself, always keep learning, stick to just one strategy that works and also identify your edge in the market, because will make you unique from others too.

[Blaze]

Someone said that it's good to follow up in a trading community where you see other people doing same thing you are doing and you can learn from them and move faster, while that's true, it can also be difficult to find a trusted community to reply on. For me, I prefer to go slowly, learning from my mistakes and practicing to become more better than I was last year. To improve yourself, always keep learning, stick to just one strategy that works and also identify your edge in the market, because will make you unique from others too.

Everything does not need to be done quickly if everything that we are constructing is the flexibility to decide for ourselves. This is very much true and carries a great value when one is permitted to young without being pressured. For this reason, we are not following someone else’s footprints but rather create our own way that suits us well. Every failure indeed holds a truth that cannot be acquired through other means when attempting the same activity. In other words, if we stick to our decision and follow which we establish, gradually there will be positive experience which makes records. Certain things which we formerly considered to be difficult in life will continue to appear easy since they have become a part of our reality and we walk through life with our eyes open.

[Azharul]

There are lots of traders loosing but if you can survive while you are trading and you keep a journal of your trades, it will help a lot to understand why you lose and why you win on that trade. If you just keep trading without a journal you can't understand why you lose and win, and you can't get a better strategy to be profitable.

Risk management also help you survive when price is always against your prediction.

Expand your knowledge and try other strategies and experience all of them I'm sure you will notice something.

You could be created an excellent comment in your post. We also know that trading is one of the best profitable source in cryptocurrency market. But if we want to be a best trader we must understand in cryptocurrency market carefully. Because we also know that trading system also very risky for us. But when we can acquire knowledge clearly in cryptocurrency market and trading system, then we can earn best profit in cryptocurrency market. Because we know that knowledge is one of the best element for trade.

           -      I agree that trading is a really profitable source of profit if we are one of those who really understand trading in the world of this crypto industry, because otherwise we will not get any profit from it. There are really many things to consider here so that we can achieve continuous profit.

Let's not be like others who always want a shortcut so that's also the shortcut that quickly loses their capital, because we are still struggling with the study that we will do so that the profit that we will get will for sure be for our benefit in the future.

Your comment is also very prefer in this time. So i am also agree that your best opinion. Although trading is one of the best profitable source, but we could saw many traders also losses there profit from here. Because i believe that acquire knowledge in cryptocurrency market and trading system is very important for crypto trading.

But i think that when we want to earn best profit and start to trade, we should take some strategic step for best trade. So i believe that for earn best profit from crypto trading, we can take an expert mentor. Because an expert mentor easily understand in cryptocurrency market and trading system. So if we follow in this process carefully, i think that it must be helpful for us.

[milewilda]

Someone said that it's good to follow up in a trading community where you see other people doing same thing you are doing and you can learn from them and move faster, while that's true, it can also be difficult to find a trusted community to reply on. For me, I prefer to go slowly, learning from my mistakes and practicing to become more better than I was last year. To improve yourself, always keep learning, stick to just one strategy that works and also identify your edge in the market, because will make you unique from others too.

Always choose up on which is something that would really be that better for you or something that would really be that beneficial for you. There's no way that you cant be able to determine on whats the best approach towards into your trading on which there's no way that you can make yourself not be able to realize on what are the mistakes that you had committed. There's no way that you can be able to see and realize and making out adjustments accordingly. There are moments or times that we do want to go solo but joining up some community of traders will be that much something that helpful too because you can be able to share up some ideas with them and share up yours. You will be able to tell and post your analysis and let them do make out some advises or comments on whats good or bad. You will eventually learn from that.

[Bobcrypto]

there are traders who are just concentrating to on fundamental analysis and some choses technical analysis. both are useful in trading.
the indicators are often trusted by the traders where the data can be seen by every one and they can learn what others see on their charts.  learning the indicators is sure the way to strengthen trading capacity.

day trading wasn't for me however. i hold for a long term before selling.

Learning everything that has to do with trading and investing is absolutely the best. It is not a good idea to limit oneself on only trading indicators, as a matter of facts, Technical and fundamental analysis work with the market indicators even news and speculation go along the market indicators too. As a day or regular traders, they are open options, and different strategies to navigate the market a any time. For me, I normally utilize every available market tool to trade, and I have have doing great.