Topic: A guide for beginners to learn trading - page 2. (Read 701 times)
Trading is very important in cryptocurrency domain, because it's the essence of having more coins if actually you adventure into positive side of trading cryptocurrency, and this scenario it's not something someone can possessed without undergoing it's educational function from the beginning, someone who jumped into trading without knowing the basic things of cryptocurrency, such chart via knowing of the movement of candle sticks regulations will end up with tears, it's nice to peruse into trading platform before putting capital for trading.
right, with these books we learn from people who are experienced in this business and there is no doubt about it. First, we really have to study the theory first, before doing the practice. on the other hand, by studying with experienced friends, it will speed up our learning process in finding a trading strategy that suits us. and after that experience will expand our knowledge in dealing with problems that occur when doing real trading
If you don't have experienced friends.Take it from the experienced traders of the forum.
You can ask as many as you want as long as the topic is related to trading and many of them will share their thoughts about trading and as well as the experience they got.
But about the support and resistance, for daily traders sometimes support and resistance is not what you need because is just a short time trade.
We find support and resistance in daily timeframe too. It's just that it may not be as strong as those found in weekly and above but it's there. Don't judge any trade or timeframe as short and hurriedly execute trades based on that. There's daily pivot points, remember that. Every daytrader looks out for that.Quote
Candlesticks are important if you are a swinger or short time trader.
Candle patterns are very important all through. The only difference is that a reversal pattern on a weekly/monthly if spotted on time would net a trader more pips than that on a 1hr/4hrs/daily. 
Waw the post is really nice and will definitely benefit the newbies which are entering the crypto market and the really want to learn, have not been able to read all the post in the link attached to your post, but I was able to check the table of content which I will read the remaing post later. The only thing I will have to say is that most of the books published currently about cryptocurrency only talks about the profit aspect of cryptocurrency, I believe the first thing a newbie should know before joining cryptocurrency is that you can make profit and you can also lose your money so that incase if there trade goes side way they won't really be disappointed so I believe whenever you are introducing anybody to cryptocurrency always let them know they can lose money and always teach them risk management.
They are excellent thoughts, for me the knowledge acquired through books has a lot to do with it, it is for this reason that I recommend reading Wyckoff, Livermore, Waerren Bugget, Malkiel BURTON to everyone who is going to start trading, because they are authors that show you how they saw the market (Stock Market) which their techniques and strategies are fully applicable to crypto, when you have all this knowledge from at least having read these books, I recommend learning technical analysis, indicator tools, among others, because you already have a previous analysis and decision that is helped by technical analysis.
As long as beginners are serious about learning, they can take advantage of the various content available on YouTube about trading tutorials. Not only on youtube, in online articles there are also many trading mixes available. To start trading, you must have extensive knowledge, skills in trading are very important. Do not be too hasty in making decisions, this can harm us.
I would recommend newbies to stay away from youtube videos, while people learn a lot better in that way than by simply reading, there are a great deal of content creators that care nothing about the veracity of the information they are sharing and many times even when they know that what they are saying is false or a misrepresentation of the truth they will upload a video with that content anyway as they want to obtain click and views, so I think the first steps a newbie should take on their journey to become traders should be to learn from books and not from those videos. 
i would say, experience is the best teacher in trading, whether crypto or forex. because we can read all day long about blogs or articles, but when it comes to actual trading, you will find that you are crawling in that situation. so while reading, you can already start small, use spare funds, try the techniques that they are suggesting and see if it will work on you. because the technique may be good, but in your case, it may not be applicable. remember each project has their own pace, so you can't expect that the strategy will work on each of them.
This is why there is a good amount of situation where you could make a profit only if you get to experience it without risking too much funds first. How could you do that? You could use the demo trading websites. In those websites you are given a fake amount of money but you are asked to trade in the real market with it, that way you get to see how you would be doing if it was actual trading.If you are good at it then you are good at it and you could start real trading, but if you feel you are not ready yet, then you make your mistakes in that website and eventually you get better. This allows people to make a profit based on what they have at that moment and not what they may have in the future as a knowledge. It also allows people to get rid of that newbie jitters and you become a bit more accustomed to trading before you actually start.
Now beginners don't need to be confused looking for information about crypto because now there is a lot of content that raises about crypto to trading. You can find it on several social media. Especially Youtube which is accompanied by a video so maybe this will clarify your understanding. But you also don't forget to keep looking for info from other sources, read a lot about crypto on bitcoin and altcoin forums.
Yes we can take advantage of various platforms to learn about crypto,what's more, for beginners it's better to focus on preparing everything before actually entering the market,
most importantly just enjoy the learning process
What you've shared will already be a big help to that person yet he still has a lot to know about crypto including its risks. Technical analysis is too complex for beginners so focusing on the basics would be easier to understand. Trading is a long process of learning and reading a blog wouldn't be enough. There are still lots of resources where he could practice trading but he should first know how crypto trading works.
i would say, experience is the best teacher in trading, whether crypto or forex. because we can read all day long about blogs or articles, but when it comes to actual trading, you will find that you are crawling in that situation. so while reading, you can already start small, use spare funds, try the techniques that they are suggesting and see if it will work on you. because the technique may be good, but in your case, it may not be applicable. remember each project has their own pace, so you can't expect that the strategy will work on each of them.
What you've shared will already be a big help to that person yet he still has a lot to know about crypto including its risks. Technical analysis is too complex for beginners so focusing on the basics would be easier to understand. Trading is a long process of learning and reading a blog wouldn't be enough. There are still lots of resources where he could practice trading but he should first know how crypto trading works.
to be honest, i don't dare to click on the link you linked, for me trading is quite simple, the only condition is don't sell when your asset value decreases. people out there who experience losses in trading, due to their lack of emotional control, causing them to make wrong decisions. trading is not easy, not difficult too, as long as you understand the trick then your loss percentage is very small.
Is just what you build with experience. It is difficult for those traders not ready to look for how to learn and easy for those ready to learn and that have learnt the strategy very well. Many factors affect our trading that makes them to give up the dream. For now, trading has become source of living for many youths if the beginners can put mind in it to learn they will benefit.
Now beginners don't need to be confused looking for information about crypto because now there is a lot of content that raises about crypto to trading. You can find it on several social media. Especially Youtube which is accompanied by a video so maybe this will clarify your understanding. But you also don't forget to keep looking for info from other sources, read a lot about crypto on bitcoin and altcoin forums.
to be honest, i don't dare to click on the link you linked, for me trading is quite simple, the only condition is don't sell when your asset value decreases. people out there who experience losses in trading, due to their lack of emotional control, causing them to make wrong decisions. trading is not easy, not difficult too, as long as you understand the trick then your loss percentage is very small.
Is just what you build with experience. It is difficult for those traders not ready to look for how to learn and easy for those ready to learn and that have learnt the strategy very well. Many factors affect our trading that makes them to give up the dream. For now, trading has become source of living for many youths if the beginners can put mind in it to learn they will benefit.
to be honest, i don't dare to click on the link you linked, for me trading is quite simple, the only condition is don't sell when your asset value decreases. people out there who experience losses in trading, due to their lack of emotional control, causing them to make wrong decisions. trading is not easy, not difficult too, as long as you understand the trick then your loss percentage is very small.
Here's the guide link: https://trendsurferssignals.com/how-to-trade-cryptocurrencies/
It is actually very clear guidance for beginners to learn about trading cryptocurrency. Maybe, you also can give some advice or quotes for beginners when they are willing to trade crypto. Moreover, as we know that many newbies are only willing to get profits instantly but don't want to lose because they are new here.
So, it also needs some underlined words that trading will not only give us big profits, but it also requires risks. Additionally, it also needs some advice about using free money, only trading the amount you can afford to lose, and some other advice.
The least is that it is their way to read your website. All information has been provided and newbies should have willing to learn, not only newbies but also all of us.
Two weeks ago, I've been asked by a member of a Facebook group if I could help him to start trading.
BTC was dropping and the guy was desperate a bit.
Learning to trade is not that easy if you start from scratch and there are many topics to be covered.
So I decided to write a guide on my blog that would cover all the basics in order to put him and other new traders on the right path.
I thought that sharing it here might be good if ever any of you would like to get started with trading.
Don't hesitate if you have any questions or suggestions on what I could add to the guide to make it more complete.
Here's the guide link: https://trendsurferssignals.com/how-to-trade-cryptocurrencies/
This is excellent advise for a beginner because some people describe bitcoin trading as simple or something you can just invest in and earn from. It's more than that; in fact, before jumping into trading, one should devote more time to learning about bitcoin and cryptocurrencies in general. Furthermore, as a beginner, you should only invest the amount you can afford to lose, and taking risk is important since sometimes the higher the risk, the better the possibilities of earning more profit, and sometimes the opposite is the case. BTC was dropping and the guy was desperate a bit.
Learning to trade is not that easy if you start from scratch and there are many topics to be covered.
So I decided to write a guide on my blog that would cover all the basics in order to put him and other new traders on the right path.
I thought that sharing it here might be good if ever any of you would like to get started with trading.
Don't hesitate if you have any questions or suggestions on what I could add to the guide to make it more complete.
Here's the guide link: https://trendsurferssignals.com/how-to-trade-cryptocurrencies/
Well this blog is not only useful for newbies but also for a person like me. I am into crypto since 5 to 6 years but still when it comes to trading cryptocurrency I am still not very good in that. We always have to keep learn and change strategies with time. I have gone through your blog and it looks good. I will try to learn something new from this and apply in my trading.
Agreed. It is always nice to know one’s perspective, because one can surely gain something worth learning for, and this blog definitely has a lot to to say to all of us traders. After all, continuous learning is indeed vital when it comes to trading, so might as well use every resources we could get our hands with to learn every now and then.
trading is indeed more complicated than I thought and that's why to keep learning and enjoying it
Learning to trade is not that easy if you start from scratch and there are many topics to be covered.
You are right.Learning to trade is not easy and it is not instant. There also needs some learning by doing to get certain self experiences. But, it should be also done when we already have knowledge about trading.
Everybody may have a different strategy that works for trading and taking profits.
There are also some types of trading that everyone can try. But for newbies, I will prefer to tell about trading in the spot market, not the future.
It is also like a long-term investment. Tell them about the risks of trading is very important so they are also aware of the risks. Btw, no trading strategy that will always work 100% profits.
Two weeks ago, I've been asked by a member of a Facebook group if I could help him to start trading.
BTC was dropping and the guy was desperate a bit.
Learning to trade is not that easy if you start from scratch and there are many topics to be covered.
So I decided to write a guide on my blog that would cover all the basics in order to put him and other new traders on the right path.
I thought that sharing it here might be good if ever any of you would like to get started with trading.
Don't hesitate if you have any questions or suggestions on what I could add to the guide to make it more complete.
Here's the guide link: https://trendsurferssignals.com/how-to-trade-cryptocurrencies/
BTC was dropping and the guy was desperate a bit.
Learning to trade is not that easy if you start from scratch and there are many topics to be covered.
So I decided to write a guide on my blog that would cover all the basics in order to put him and other new traders on the right path.
I thought that sharing it here might be good if ever any of you would like to get started with trading.
Don't hesitate if you have any questions or suggestions on what I could add to the guide to make it more complete.
Here's the guide link: https://trendsurferssignals.com/how-to-trade-cryptocurrencies/
Although there are a lot of trading tutorials on youtube, what you did is still good and very helpful for those who want to learn and start trading. Trading is full of risk that's why having enough knowledge and understanding how it works is very important.
I think it is easy looked at before on the grounds that we have a great deal of brokers that have been advanced rapidly as a result of the web which is extremely normal on my side. Assuming that you can have the persistence and furthermore make up an opportunity to learn crypto stringing, then, at that point, you would have the option to learn it.
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