What is most needed thing in trading??

[betelihem 4766]

On 10/2/2020 at 9:16 PM, Faisalislit said:

Actually i dont trade very often when i habe to just exchange coin for withdraw then i just use trade. But if i want to be a professional trader what i need must?? How can i learn trading from first to last?? I think only seeing in youtube for learning trading is not enough so will you guyz help me please about that??

There are some things that you need before trading with cryptocurrency's, and some of thus things are studying the coin market, and learning that which time is best for buying any coins, and also try not to be greedy and don't scare when the price of your coin which you hold is drooping because it will get rice,

[ibrahim halil anaç 138]

The most needed things in trade are basic mathematics, economics and computer knowledge. In addition to these, good market knowledge and monitoring is required. Comments from experienced economists are also important.

[Amir bhai 464]

There are following things which are important for trading are given below. 

1- set a plan for trading 

2-Set investment limit 

3-get information about it 

4-take time to get profit 

But in online trading we should be careful to buy and sale of coins because their price changed with time to time. So this is important thing for newbie traders

[zeshan1122 654]

I think it is not anything else than the trading skill itself because if you do not have the skill all the others things will  be useless and you would be ended up losing all the money you have.

[Brushless4500KV 4214]

The most needed thing is common sense. Some say capital is the first priority but I say capital without a logical thinking is more a weapon than a tool. Most successful traders were not the wealthiest, they were the wisest ones. A well-managed asset of a hundred dollars will produce better results than an ill-managed asset of a thousand dollars. Trading was invented to help people to have high incomes with small capitals. You can put large investments in banks and receive high interests without having any knowledge or experience but you will never turn your $200 into $800 in two months by investing in banks. This is where the trading shines.

[Malikjnb 1235]

Most thing is need for trading is more knowledge and experience. If you have these both things you become a good trader bad you can earn good profits. Otherwise you can lose your money. You can learn knowledge from this forum.

[Mahmod aljarah 1383]

The main part of trading is knowing how to read the market ... scientifically, not just theoretically
You have to study the markets ... and monitor currencies .. search for them .. and talk to their working team to find out their future projects about the currency .. Is there a positive construction on it? Or is it only a new currency for hobbyists ... and you have to take the recommendations of the market whales ... you will be a good trader ... you will become a professional when your capital grows and learn a lot ... and you need three to six years of continuous practice of trading to become a professional.

[Ayham7daoud 463]

 You must learn technical analysis. There are many books and videos to learn currency analysis that can be used in addition to following the news of currency projects, as it is very important in determining the price of rise and fall 

[Foysal2020 459]

If you want to trade on this site then you must have a complete idea about trading. If you start trading from this site without gaining a full idea then one day you will face a big loss from this site. So I think if you start trading with a good idea about this site then you can earn something good from this site. But of course you have to invest some money for this.

 

 

 

[Flash009 345]

To learn how to trade you just have to trade and gain experience in this way and it certainly doesn't make real money so that you don't lose your money, but you open a fake trading account in Trading View and go through the experience and see your daily results , But I advise you to make a decision based on analysis. 

[Choudhry Farhan 119]

knowledge ,experience is main point of trading if you want to make good money from trading you need first to learn if you are a good trader then use your skill in trading hope so you will pick a good benifit from online market 

[Arslan Ch 2163]

You should start with a small amount to get the basic experience as The most important thing in trading is knowledge and experience and to become a good trader you must observe the market and the coins.And you must have patience in you and the courage to bear the loss if happened as Trading could be risky sometimes And Never be a greedy person in trading as you'll loss everything in greed.Good Luck!

[Linclon4 541]

I think most needed thing for trading is proper knowledge about trading and good research about site where are you investing. Because if we invest in wrong site then we have to face lose. Also we have to set a plan after investment. 

[MurXhid Baba 0]

You can search it on youtube and took some help from Google. If you want to trade and earn money then it is important you have knowledge about it .

[Faisal khan686 437]

The best thing is, no matter what you post, do it thoughtfully. If you post any of these answers, then you also have their benefit and they too And nowadays people are more engaged, what to post, or by posting these on someone, one of them also increases their rate and increases their confidence level but post in my head You must get information about it before posting. 

[Liliz 529]

Some of the most important factor that is needed in trading is money management, patience, proper orientation and the ability to read analysis in trading. All these combined together to establish you a good trader to some reasonable extent provided you give it a full support by improving more on the ability to take profit and stop loss at the perfect points. 

[Ezabell 457]

All you have to do to learn how to trade is to trade and gain experience in this way and it certainly doesn’t make real money so you don’t lose your money.I advise you to try trading the platforms that give you trial credit before you start trading your cryptocurrencies.

[MoralStories 1127]

The skill of executing the trades and making analysis of the market is the most important thing of the trading course so if you want to make trading you need to learn the analysis first

[Ali iqbal3427 88]

To get the hang of exchanging from the start you need to require an addition information and study the exchanging field.one thing keep it your mind profit and loss are both in this field.experience is the main thing in this exchange.

[Jhujhu 62]

Trading needs to be in a good position.  The loss of a coin is the sale of many things.  We are seeing the market and a good profit.  I also want to work here and make money.

[Malik9532 1276]

More knowledge and experience about trading is very important for getting success . And patience is very important in trading . You get experience in trading by doing small trading . In this way if you lose your money it is not big amount . We should get more and early understand every things by practically  .

[Smallingcane012 344]

The most needed thing in trade is to know the rules and regulations of trade in any circumstances part of trade.

[Adrian Atiencio 156]

 

There are a lot of things that are important in trading but for me, on a scale it would be:

- A good system
- Leverage
- Risk Management
- Psychotrading 

Many people see psychotrading as a pillar of trading without taking into account that what really matters is to leverage a consistent system. 

[Khan550 117]

The basic and essential thing for a cryptocurrency trading is that you have about one thousand dollars for that and the second is that if you work patiently you will be never lose, you always have to buy coins for a long time.

[KarlJohn1 56]

On 12/29/2020 at 6:16 PM, TANVIR021 said:

Being beginner, there are so many things which you are completely unaware of and that you don’t know which thing is in your favor. You need not to make a huge investment in the start and that your only focus should be on learning of as many things as you can as this is the only thing which will later help you in so many ways and this is the most important thing you need to have to become successful in trading.

That is why patient is very necessary @TANVIR021, that is why it is good to start with demo account, that is why it is good to also continue with very low amount of money. And having a good manage risk plan that will be in you favour.