trader You need to study a lot to become a good trader?

[Akbor 1042]

Yes before being a good trader you need to be expert about it. to know about crypto trading freely then you can see videos about trading you also can get knowledge from this forum.

[Crypto123 0]

Yes, study is important to learn trading You can not start trading without you have some theoretical information and some concepts about trading and cryptocurrencies, you must learn first and then practice in practice.
This site poses the same question and has many answers that I hope will be useful to you:
https://www.quora.com/What-is-the-best-site-to-learn-about-trading-cryptocurrency-for-a-beginner

[Agios 1763]

Yes, you really have to learn a lot about trading crypto, which is widely spread out there also on YouTube. After learning you have to dare to practice with small capital first to trade. It's okay, you have a small loss but you will gain valuable experience, correct mistakes and repeat trading. Good luck.

[dimon121 6]

In order to learn how to trade, you first need to select the asset you will work on, then study this market and start working on it based on reliable sources, all major traders have first-hand information, for example, if it is oil, they work with oil companies and they they are informed by oil prices since they have statistics of at least their orders from buyers

[sidik7 1217]

On 10/9/2019 at 4:20 PM, MyThoughts said:

Do you need to study a lot to become a good trader and then earn good money by trading?
What good free sites can you recommend for study?

learning trading is actually quite easy my friend, you only think of buy coins when the lowest price and you sell at the highest price is very basic in trading and this is also the most important in study trading ,when you search for websites about trading education for sure this basic thing that will be taught , you can also seach on various telegram channel or youtobe channel .

[Brushless4500KV 4214]

Study will give you information and more info will open new landscapes for you. But I think experience is more important that knowledge. I know some successful traders who have not studied a lot. To become a successful trade you need to trade a lot and analyze the outcome of each trade for yourself. You have to review your work and find the things you did right or wrong and try not to repeat your mistakes. I'm talking about theory and practice. The more you study, the more you gain theoretical data but there is no substitute for real life practice. You will learn the real trading only when you actively get involved in it. You should both earn and lose to learn and succeed.

[Yanadia 1517]

On 10/9/2019 at 4:20 PM, MyThoughts said:

Do you need to study a lot to become a good trader and then earn good money by trading?
What good free sites can you recommend for study?

Yes, of course, to become a professional trader, we must learn to read and practice firsthand.  . you have answered your own question actually. just search it at google about crypto about exchange there are many and u need to hone your feeling to be good trader

[sidik7 1217]

12 hours ago, Mendeleev17 said:

The experience is the best teacher and for this you have to allocate a small amount and consider it as a mouse experiments In young we learned that the fire burned when touched

its true that exprience teaches us to be more adept at trading from that exprience , we are also able to overcome the lessons we exprience and in learning to be a good trader can learn from anywhere can be from friends , or also from various trusted sources so that we get quality increasing trading and getting better profits.

[Sourovdeb890 416]

You have to have some sort of coach to manage your initial steps, on the grounds that even with the huge scope of data accessible on Internet, not all things are great data. also, is in reality about your own control. As I would see it you need to make yourself an exchanging plan, set your own objectives, and consistently focus on it. This is the way you mint the cash.

[Pro0XD0Bro 2]

Да, я придерживаюсь того правила, что чтобы стать настоящим профессионалом в чем-либо, то нужно уделить этому 10000 часов.

[maksimzero 5]

а мне вот кажется что от времени это не зависит ) если осла посадить перед графика то  через 10000 часов он все равно не сможет предсказать направление курса) да я слышал эту теорию но отношусь к ней скептически)))))

[scorpiali 5626]

Yes of course the knowledge is very most important to become a good traders and i think it's not enough my be the chance have his part too 

[lornerderipper 0]

Trading is to risky, why because you have to consider the trend of the value to get high and low. We have to monitor the technical indicators and developing trend in which we can maneuver the sudden changes of the value. Most important is to do research and less mistakes given because of it may take you big losses. There are may site for exchange trading, you have to do is to seek for the good and reliable site for this. For example coinbase and binance. It may take time effort to get succeed and day to day and hours to minutes to close mostly the trading. We must think the risk and the loss to come but we need to think the positive way to earn as much it takes.

[Sakib Khan 2]

Forex trading is accessible, exciting, educational, and offers traders lots of opportunities. Despite all this, many traders fail to learn how to become successful traders, and don't achieve good results in this market. In fact, a high percentage of Forex traders are losing money. Learning to trade Forex and learning how to trade in general can be difficult

[iloveyobit 6599]

36 minutes ago, Sagor10 said:

Yes. Everyone should study a lot to become a good trader. Because without having knowledge about trading one can't be a good trader. That's why you should study lot before start trading.

The study is not the only factor in a trader's success from his failure, many times going through crises in the market where you need your experience more than the information you studied about crypto currencies.

[Nusrat Ali 0]

On 10/9/2019 at 4:03 PM, MyThoughts said:

Do you mean practice and only practice will help to gain experience in order to subsequently systematically make a profit?

No. Not only practice. You need to know fundamental Analysis of Market.

[miskyming 1588]

yes you need to study a lot in trading if you really want an extra income, or you can do in full time if you want. You can start in binance or yobit exchange, you can start $20 just to practice it in trading until you will learn the strategy, the basic to earn profit in trading is to buy low and sell high.

[Nusrat Ali 0]

If you become a good trader then you need to do five (5) steps

1) You need to know Market Technical Analysis

2) You need to know Daily Fundamental News

3) You need to open Demo Account on any broker

4) You need to set your own goals in your demo account

5) And keep practice again and again from your goals and spend time on study

Brother don't invest your own money for Trading before practice on demo account.

 

Open demo account again and again for practice and when you see there is no loss in trading then step up with your own money.

[BitcoinTurk 207]

On 10/9/2019 at 12:20 PM, MyThoughts said:

Do you need to study a lot to become a good trader and then earn good money by trading?
What good free sites can you recommend for study?

In order to be a good trader, we need to work hard, do a lot of research and constantly improve ourselves with up-to-date information. It is important to obtain information about the market by researching from the right sources, to have information about the area to be invested and to make the right choice. On the other hand, it is very important to learn about technical and basic analysis and to have information about price interpretation in order to be a good trader. In addition to all this research, knowledge and development, it is very important to experiment with low budget to gain experience.

[iloveyobit 6599]

On 10/9/2019 at 12:03 PM, MyThoughts said:

Do you mean practice and only practice will help to gain experience in order to subsequently systematically make a profit?

Supported by science and your knowledge of technical and fundamental analysis methods, add some trading and application to the market and you will gain a good experience in cryptocurrency trading.

[xprince1996 865]

On 12/15/2019 at 9:21 PM, Mendeleev17 said:

Patience is the only reliable currency for trading! I use the old method I take my notebook and I note the evaluations of no more than 10 pieces for a good time and of course I take into account to be the right time to sell or buy even at one hour of morning!

That is a really nice technique. My technique is I only buying those pumping coins I mean those projects having a major development and major news I'm usually good with 3-5% profit a day. I learn this technique through my experience and no one told me about the secret to it.

[Sohel Rana Sazzad 453]

In order to trade you must learn many things and learn a lot.You can watch the tutorial video on YouTube to practice this.If you do not study well, you will not be able to understand everything and do the job well

[ShakilA 373]

Yes of course everyone need to good study before trading.Trading is not very easy.This is very difficult for newbies.You need to good knowledge for trading

[awaiskhan 175]

It is a good thing to learn and study about trading but beside it is necessary that you do practice of it and there are lot of platforms where u can do practice and yobit is good platform. Beside it olymtrade and binary option and iqoption have demo account option you can practice and learn more and more from there

[Shahud 1319]

for becoming a good traders one should have good knowledge of crypto market situations..and he should know the crypto currencies and their types.

and he should have atleast good knowledge of coins and tokens that can be grow fastest in the future.