What are the skills and things that you must have before you start trading?

[Juskopo]

What are the skills and things that you must have before you start trading?

[AbdulShiek]

First, I control myself not to be impulsive. Second, I always make sure that my mind is clear. And Lastly, I always remind myself that the market is highly speculative. Thus, the outcome is uncertain.

[Tekasky]

Hello there the outcome is always uncertain, the forex market has high level
of volatilities that you must be cool headed to make any head way in trading Bitcoins.
A market that once you click the bull or the bear button you are already on a loss due to the spread, is only when your analysis were apt that your profitability correlation is decorated to your account, so any trader that want to get it right in the forex market must develop a winning strategy, note I didn't say a strategy or trading plan but a winning strategy.
There's a big difference between a trading plan, a startegy and a winning strategic trading plan and every Bitcoins trader must be able to decode a winning strategy,or else you will just be another forex Trader.

[Sendo12]

Hello there the outcome is always uncertain, the forex market has high level
of volatilities that you must be cool headed to make any head way in trading Bitcoins.
A market that once you click the bull or the bear button you are already on a loss due to the spread, is only when your analysis were apt that your profitability correlation is decorated to your account, so any trader that want to get it right in the forex market must develop a winning strategy, note I didn't say a strategy or trading plan but a winning strategy.
There's a big difference between a trading plan, a startegy and a winning strategic trading plan and every Bitcoins trader must be able to decode a winning strategy,or else you will just be another forex Trader.

Great insight. It really does take years of practice and learning to really grasp the winning strategies of investing in Bitcoin. I have been in this market for a few years already but I admit that I still make a lot of mistakes.

[Mr. Cid]

1. One must have a strong numeral skills.
2. Strong inclination in finance and the financial markets.
3. Has the ability to work in a team.
4. Can decide independently.

[Aya]

For me, these are the essentials:
a. High research and analytical capability- because you must be able to fully understand the market in order to profit
b. A lot of patience and determination to stay in the market
c. Self-discipline (ie. knowing your limitations) and;
d. Self-control (ie. keeping your emotions out of the picture)

[Sendo12]

For me, these are the essentials:
a. High research and analytical capability- because you must be able to fully understand the market in order to profit
b. A lot of patience and determination to stay in the market
c. Self-discipline (ie. knowing your limitations) and;
d. Self-control (ie. keeping your emotions out of the picture)

Let me add that a trader must have strong focus. There are a lot of information roaming in the internet world and traders must be able to know which information they need in order to maximize their trading actions.

[Newbie_trader]

For me, these are the essentials:
a. High research and analytical capability- because you must be able to fully understand the market in order to profit
b. A lot of patience and determination to stay in the market
c. Self-discipline (ie. knowing your limitations) and;
d. Self-control (ie. keeping your emotions out of the picture)

Letter D is always a struggle for me. I can't keep my emotions.

[Mr. Cid]

Letter D is always a struggle for me. I can't keep my emotions.

I think almost everyone can't keep the emotion. It's very difficult to contain our emotion if we risk almost everything.

[AbdulShiek]

I think almost everyone can't keep the emotion. It's very difficult to contain our emotion if we risk almost everything.

Knowing this kind of industry, only a few people have doubled their investment. We should not risk everything we have.