Pages:
Author

Topic: A guide for beginners to learn trading - page 5. (Read 701 times)

newbie
Activity: 30
Merit: 0
January 16, 2022, 07:51:07 AM
#14
First steps are usually the hardest to take since you don't actually know where to take it, but even with that, just keep persevering and give yourself time to learn and it should all gradually fall into place.
We've been there I suppose but I think the best self guide you can ever have was experiencing it yourself then observe it. No other educational thing could possibly beat to it but yeah we all are different learners and have unique style as well when it comes to trading. It always take time and also when it comes to trading I think this one is a lifelong learning thing, it isn't something that being stuck. You can clearly learn new things everyday especially in this too volatile market like crypto.
I second to this, no one can beat experience so always try and try anyway you'll never know you just suddenly becoming a pro with just a simple look and you can tell where the next market would move. You can predict the price just by looking although in this crypto market that seems like almost impossible but at least you can easily tell.

Anyway, trading isn't just about experience but sometimes you also need some luck in order to gain some profit. It's not like a gambling though but a little luck will just help you to become better in the future.

Yep, that's right. That's why I highly suggest to the readers to go on Paper trading at first and then start with a small amount.

Lots of learning before being profitable.

I've put some resources and books at the end of the guide, what are the best resources in your opinion? adding some more could be great.
newbie
Activity: 30
Merit: 0
January 16, 2022, 07:47:17 AM
#13
I was reading your support and resistance explanation and you actually made it clear that the longer time frame is better for it compared to short time like 5minutes time. That is true and you have made good chart there and help to beginners.
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. Candlesticks are important if you are a swinger or short time trader.

Yes, I agree.

S/R is just one example that I wanted to give. I also show some patterns but not all. I didn't get into candlestick as I never traded them.

Ill try to have a look at candlestick pattern to see if I can suggest a couple of formations for the readers.

Thanks for the feedback
sr. member
Activity: 2506
Merit: 368
January 15, 2022, 05:23:59 PM
#12
First steps are usually the hardest to take since you don't actually know where to take it, but even with that, just keep persevering and give yourself time to learn and it should all gradually fall into place.
We've been there I suppose but I think the best self guide you can ever have was experiencing it yourself then observe it. No other educational thing could possibly beat to it but yeah we all are different learners and have unique style as well when it comes to trading. It always take time and also when it comes to trading I think this one is a lifelong learning thing, it isn't something that being stuck. You can clearly learn new things everyday especially in this too volatile market like crypto.
I second to this, no one can beat experience so always try and try anyway you'll never know you just suddenly becoming a pro with just a simple look and you can tell where the next market would move. You can predict the price just by looking although in this crypto market that seems like almost impossible but at least you can easily tell.

Anyway, trading isn't just about experience but sometimes you also need some luck in order to gain some profit. It's not like a gambling though but a little luck will just help you to become better in the future.
hero member
Activity: 2562
Merit: 586
January 15, 2022, 12:46:26 PM
#11
Ther is a lot of guide for begginers they can find it everywhere in social media and in every person that knows about trading the guide is important
For unknown reasons, most of the free guide we are getting from internet are not continuously effective as far as I have experienced. I have not tried each and every guide but I have tried few from major social media but after some period of time, all of them stopped working or started getting me losses.

sometimes trading also depend on our luck.
I never agree about the role of luck factor in deciding the outcome of crypto trading. But, you are not the first one that I am coming across who is talking about the influence of luck factor in crypto trading still out of market fluctuations many people had already felt like that.
sr. member
Activity: 2366
Merit: 332
January 15, 2022, 10:19:21 AM
#10
but sometimes trading also depend on our luck.

Don't always believe that trading is about luck because it is not same as gambling. Do your rigorous training and learn about what it takes to trade, it is not considered as luck. There are guides that you can use to prevent your loses to be huge and if you can pick more pips as profit than pips that you lose then you don't see it as luck. You need to learn the ropes to a better trade, learn technical aspect of trading because it is important.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
January 15, 2022, 08:22:21 AM
#9
First steps are usually the hardest to take since you don't actually know where to take it, but even with that, just keep persevering and give yourself time to learn and it should all gradually fall into place.
We've been there I suppose but I think the best self guide you can ever have was experiencing it yourself then observe it. No other educational thing could possibly beat to it but yeah we all are different learners and have unique style as well when it comes to trading. It always take time and also when it comes to trading I think this one is a lifelong learning thing, it isn't something that being stuck. You can clearly learn new things everyday especially in this too volatile market like crypto.
newbie
Activity: 1
Merit: 0
January 15, 2022, 08:14:19 AM
#8
A link: https://www.tradingview.com/chart/ABBkRIp7/

In "Charting basics in Tradingview" section gives me Access Denied "If you wish to see someone else's chart layout, then please ask the owner to enable chart layout sharing, or to publish it by clicking the Publish Idea button."

You should probably fix that.  Wink
hero member
Activity: 2702
Merit: 672
I don't request loans~
January 15, 2022, 07:24:18 AM
#7
Well, tbf... I think most stuff could be looked up online? There's a lot of guides out there and if you're stuck on not understanding something, well, look it up again. It's like creating a network of resources that you can use to slowly translate what seems like gibberish to you into something meaningful. First steps are usually the hardest to take since you don't actually know where to take it, but even with that, just keep persevering and give yourself time to learn and it should all gradually fall into place.
sr. member
Activity: 2016
Merit: 283
January 15, 2022, 06:48:47 AM
#6
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/


actually that's a good idea.. But using simple research you can actually find some pdf courses about trading and it's free! All the information is already in it wherein all you need to do is to put efforts. Infact I've already read 4 course and most of them is almost had the same information and strategies. And yep very helpful if you have efforts to back test those stuff and you use to make research for specific information.
sr. member
Activity: 2660
Merit: 339
January 14, 2022, 04:53:10 PM
#5
There are so many posts online that teaches newbies how they can start reading. And if you check on youtube then you will be overwhelmed by the options that you will be getting there. I mean these days online tutorials on trading are available everywhere.
Still, learning how to trade is not an easy thing, and it’s not just something that you will do in a day, it takes time and you have to be dedicated to it. If you can have the patience and also make up the time to learn crypto threading, then you would be able to learn it. And when you learn it, you would get better as you start having the experience as well. I did go through your article and you made a pretty good explanation.
hero member
Activity: 2590
Merit: 644
January 14, 2022, 04:36:10 PM
#4
It is a good guide that you have shared.
As a beginner in trading, we should always be looking and find ways where to learn to trade, it is almost everywhere on the internet now and I think it is not difficult compared before because we have a lot of traders that have been learned quickly because of the internet which is very common on my side.
Probably others will say trading is very easy, no that is not.
legendary
Activity: 2086
Merit: 1058
January 14, 2022, 04:19:43 PM
#3
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.
There are so many posts online that teaches newbies how they can start reading. And if you check on youtube then you will be overwhelmed by the options that you will be getting there. I mean these days online tutorials on trading are available everywhere.

But, it is not bad for you to also write about it, as long as you believe that there is another way for you to present it in a way that it would be better and also more easy for newbies to understand it and start their trading business.
sr. member
Activity: 2366
Merit: 332
January 13, 2022, 12:13:04 PM
#2
I was reading your support and resistance explanation and you actually made it clear that the longer time frame is better for it compared to short time like 5minutes time. That is true and you have made good chart there and help to beginners.
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. Candlesticks are important if you are a swinger or short time trader.
newbie
Activity: 30
Merit: 0
January 13, 2022, 09:28:00 AM
#1
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/

Pages:
Jump to: