A guide for beginners to learn trading

Fatunad

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A demo account of Amarkets broker seemed to me a good option for teaching a beginner. As for me, for a beginner, this option is really beneficial for a beginner.

For familiarizing things then demo trade would be good but the actual learning would be starting on live account or simply using real money because you would really be that careful
on executing your trades or simply does follow strict risk management compared into trading with virtual balance which you wouldnt really care if you do lost it or not since you do
know that you wont lose nothing since it is just demo.Learning up trades would takes time and effort which some people arent really that patient when it comes to this.

nhaila

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You will find many books on cryptocurrency trading, including online and offline, but you can learn a lot about the details of trading, but do not follow them to trade. If you are a brand newcomer then you can create a demo account and start trading. The amount of loss will be less.

iv4n

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

...

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.

In crypto learning never stops... I am in crypto trading even longer, and every once in a while I see something new, something I missed along the way or that appeared recently! I agree this blog is useful even for people who are in trading for a while, I see some things are simply explanied so everyone can understand it! There's a lot of info gathered and organized in one place... I think I will take another look at some parts, excellent material for learning more!

Silberman

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Quote from: Lordhermes on February 11, 2022, 07:39:12 PM

Crypto trading is so broad and there are so many things that I still need to know that I have not known,and the only way one will know those things is to research more about Bitcoin because it is through research that most of the things that are hidden will be known.
In going into trading,one must bare in mind that trading involves two things,profit and loss.,and so if one is going into trading,he should put at the back of his or mind that market is not always friendly,it can make you happy at sometime and thesame time make you very sad.
Always research,read,and learn from the experienced.

This is why like in any other activity there are different areas in which you can focus your study and become a particular type of trader, so you can become a day trader, swing trader, positional trader, investor or an arbitrage trader, each one of those fields of study offer huge opportunities for those willing to spend the time to learn more about them, however each one of them requires different characteristics and knowledge from you, so the first step is to pick the one that you think will fit you the best in the future, something not easy to do if you have no idea of what you want to achieve as a trader over the long term.

Hypnosis00

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Quote from: judaspriest on February 11, 2022, 01:16:21 AM

Quote from: Scripture on February 10, 2022, 05:56:48 PM

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Quote from: palle11 on January 13, 2022, 12:13:04 PM

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.

Time frame in crypto currency and any others trading platform all depends on individual traders though am not in anyway against op view that long time is more better than like 5 minutes chart.

We should always have our own time frame, what works for you should be your edge against the market and this is not about trader vs trader, this will always be against the market so better to be prepared always. Trading is very tricky, you can lose money without knowing it so better to analyze properly and this is the only way to win.

Yes, that's how trading is and is very complex, we can't just rely on buying when the price goes down and selling it when the price goes up,
in trading we need knowledge and analytical techniques,
Besides that, mentality is also one of the important things

Well, I love to hear analytical techniques but unfortunately, many traders are know-how about the market. They simply just think that trading is all about buying and selling, they have a lack of TA which is very important when doing this. And that is no surprise that many had tried trading will quite later as they are incapable of doing this. One of my friends had this kind of scenario, he believe that knowing the basics is enough but he realize that he was wrong and underestimated the market causing him to lose his capital.

Lordhermes

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Crypto trading is so broad and there are so many things that I still need to know that I have not known,and the only way one will know those things is to research more about Bitcoin because it is through research that most of the things that are hidden will be known.
In going into trading,one must bare in mind that trading involves two things,profit and loss.,and so if one is going into trading,he should put at the back of his or mind that market is not always friendly,it can make you happy at sometime and thesame time make you very sad.
Always research,read,and learn from the experienced.

judaspriest

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C O M B O

Quote from: Scripture on February 10, 2022, 05:56:48 PM

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Quote from: palle11 on January 13, 2022, 12:13:04 PM

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.

Time frame in crypto currency and any others trading platform all depends on individual traders though am not in anyway against op view that long time is more better than like 5 minutes chart.

We should always have our own time frame, what works for you should be your edge against the market and this is not about trader vs trader, this will always be against the market so better to be prepared always. Trading is very tricky, you can lose money without knowing it so better to analyze properly and this is the only way to win.

Yes, that's how trading is and is very complex, we can't just rely on buying when the price goes down and selling it when the price goes up,
in trading we need knowledge and analytical techniques,
Besides that, mentality is also one of the important things

Scripture

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Quote from: palle11 on January 13, 2022, 12:13:04 PM

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.

Time frame in crypto currency and any others trading platform all depends on individual traders though am not in anyway against op view that long time is more better than like 5 minutes chart.

We should always have our own time frame, what works for you should be your edge against the market and this is not about trader vs trader, this will always be against the market so better to be prepared always. Trading is very tricky, you can lose money without knowing it so better to analyze properly and this is the only way to win.

Wawa2013

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Quote from: Lordhermes on February 08, 2022, 09:57:43 PM

Research,read more,make findings,invest in a promising project.and the results will definitely come on it own.
Learning from the experienced people is and people that a ahead of you like a role model in Crypto is also important.

And another important thing is reading people's post to understand the topic more,and gaining experience from their post.

If we can be patient and trade in the right way profit will come by itself. So the mistake of many newbies is that they think making a profit from
trading is easy and can be done instantly. They think they can get rich from trading in a short time, actually most newbies think wrong about
trading, because they are influenced by influencers who show huge profits by trading on some new projects. Even though influencers doing this
only want to pump and dump new projects for their own benefit. This is an important lesson for newbies that being a successful trader is not easy,
requires hard work and a long process. So don't be lazy to learn the crypto world well, after that learn the right way of trading by taking courses
in a trusted place, in order to get a lesson on how to trade properly. Usually at the course we can be accompanied by a mentor who is experienced
in the world of trading, so that newbies understand more quickly. If don't want to take courses for newbies, they have to be diligent in reading
many topics about trading, after that try to practice it with small capital, so when they experience a loss it can be considered as a learning cost.

Silberman

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Quote from: TinaK on February 10, 2022, 06:06:57 AM

Quote from: yayayo on February 10, 2022, 05:48:45 AM

Quote from: Mr.right85 on February 09, 2022, 10:05:04 PM

Trading has turned out yo be something very risky due to the level of professionalism it requires of any one interested or dares to come on board. Having little knowledge of it and feeling you could win would be a very big mistake on a beginners part. Except for one who is ready to loose everything in order to gain experience and then have another go at it again.
The sad truth is, there are chances that you can loose everything and still learn nothing if you aren't smart enough or your not someone that is open to accepting new things.

You can't become a professional trader if you won't become a beginner first. No one will enter and jump and become professional instantly, risk is always there all of us know. Mistakes are part of growing and learning, you will gain knowledge on personal experience but it is better if you already equipped yourself some basic knowledge about trading.

ya.ya.yo!

Of course, anyone who wants to trade started from scratch, and most of them there a few things that should be learned.
OP has a great idea, but trading is a difficult skill to master, especially if you have no passion for it. Because trading is not for everyone, but you have the courage to try it out, you must focus the majority of your efforts with the guidance of the information provided by online posts that teach newbies how to trade. It is quite important and desirable for newcomers to continually look for techniques to learn how to trade.

Sometimes I think for this, trading isn't for everyone.

100% this, many people think of trading as just another form of making money, however if we think a little bit about it, who are the best doctors, lawyers or engineers? The ones doing it only for the money or the ones doing it because it is their passion? And it is obvious the correct answer is the latter, and trading is not an exception to this, many people come to this market attracted by the huge profits they can possibly make, but if they do not have a legitimate interest in trading then it is going to be difficult they get good at it

doomloop

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Quote from: justdimin on February 10, 2022, 06:58:34 AM

That's the thing about altcoins, they keep having new and newer stuff. People gave up decentralization long time ago, they are investing based on project founders saying stuff and doing stuff, that is way further from "we do not know who satoshi is" situation we had with bitcoin. Today we get to learn more about who they are and that is really not great.

I know that it is not really that much of a big deal that we are doing it right now, but that doesn't mean that we couldn't really find another way neither. I personally feel like we should not rusting with the "good news" project founders tell us. We should in fact try to find something that is good at release and community improved.

they need to do that because if not then they will get defeated by other alts because the altcoins competition now is so huge while there is no need for bitcoin to change because it is already on the top and cant be moved there and no people does not gave up decentralization because most cryptos are decentralized and only a few of them are centralized. It is bad to follow what are others are saying because not all that they say are legit.

This is why lots of people have got scammed because they are lazy to invest on their own. That was a big deal mate. Anyway thanks op for the effort, not only that your helping others but your also helping yourself to earn if you have ads placed in your blog.

justdimin

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Quote from: TopT3ns on February 09, 2022, 06:08:12 AM

I think not only checking with bitcoin chart but also research is most important if want get lucky with cryptocurrency trading, always I check when trading with altcoin looking for what new update and have good news for my trading altcoin. Usually before checking which one altcoin have to buy I see general news about bitcoin, looking bitcoin transaction have many USDT transfer or BTC transfer from wallet to exchange, I think is most important to know about price pump or dump before try with investing in several altcoin, always have news with bitcoin transaction on twitter channel and we can see how many bitcoin transfer on this moment.

That's the thing about altcoins, they keep having new and newer stuff. People gave up decentralization long time ago, they are investing based on project founders saying stuff and doing stuff, that is way further from "we do not know who satoshi is" situation we had with bitcoin. Today we get to learn more about who they are and that is really not great.

I know that it is not really that much of a big deal that we are doing it right now, but that doesn't mean that we couldn't really find another way neither. I personally feel like we should not rusting with the "good news" project founders tell us. We should in fact try to find something that is good at release and community improved.

TinaK

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Quote from: yayayo on February 10, 2022, 05:48:45 AM

Quote from: Mr.right85 on February 09, 2022, 10:05:04 PM

Trading has turned out yo be something very risky due to the level of professionalism it requires of any one interested or dares to come on board. Having little knowledge of it and feeling you could win would be a very big mistake on a beginners part. Except for one who is ready to loose everything in order to gain experience and then have another go at it again.
The sad truth is, there are chances that you can loose everything and still learn nothing if you aren't smart enough or your not someone that is open to accepting new things.

You can't become a professional trader if you won't become a beginner first. No one will enter and jump and become professional instantly, risk is always there all of us know. Mistakes are part of growing and learning, you will gain knowledge on personal experience but it is better if you already equipped yourself some basic knowledge about trading.

ya.ya.yo!

Of course, anyone who wants to trade started from scratch, and most of them there a few things that should be learned.
OP has a great idea, but trading is a difficult skill to master, especially if you have no passion for it. Because trading is not for everyone, but you have the courage to try it out, you must focus the majority of your efforts with the guidance of the information provided by online posts that teach newbies how to trade. It is quite important and desirable for newcomers to continually look for techniques to learn how to trade.

Sometimes I think for this, trading isn't for everyone.

yayayo

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Quote from: Mr.right85 on February 09, 2022, 10:05:04 PM

Trading has turned out yo be something very risky due to the level of professionalism it requires of any one interested or dares to come on board. Having little knowledge of it and feeling you could win would be a very big mistake on a beginners part. Except for one who is ready to loose everything in order to gain experience and then have another go at it again.
The sad truth is, there are chances that you can loose everything and still learn nothing if you aren't smart enough or your not someone that is open to accepting new things.

You can't become a professional trader if you won't become a beginner first. No one will enter and jump and become professional instantly, risk is always there all of us know. Mistakes are part of growing and learning, you will gain knowledge on personal experience but it is better if you already equipped yourself some basic knowledge about trading.

ya.ya.yo!

Sebas.tian

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Quote

Research,read more,make findings,invest in a promising project.and the results will definitely come on it own.
Learning from the experienced people is and people that a ahead of you like a role model in Crypto is also important.

And another important thing is reading people's post to understand the topic more,and gaining experience from their post.

Those point you stated here are very important to beginners to know more about cryptocurrency trading in the community. Research has helped many traders to become successful in the community based on the good experience they got from research. Reading more cryptocurrency books will also improve your knowledge about cryptocurrency trading and when to buy bitcoin and hold for future or when to sell bitcoin to make a good income.

Bitcointalk forum is a good platform many beginners can learn or acquire knowledge of how to differentiate potential project and non potential project in the community. Many professional traders became what they are today because they were very active in the forum some years ago and even now.

Natalim

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Quote from: Mr.right85 on February 09, 2022, 10:05:04 PM

Trading has turned out yo be something very risky due to the level of professionalism it requires of any one interested or dares to come on board. Having little knowledge of it and feeling you could win would be a very big mistake on a beginners part. Except for one who is ready to loose everything in order to gain experience and then have another go at it again.
The sad truth is, there are chances that you can loose everything and still learn nothing if you aren't smart enough or your not someone that is open to accepting new things.

Even I was ready to lose my money but I'd never think that we suppose to think before trying traders, perhaps we have to gain. Being new to trading this (gain/profit) is not the thing we should think about but to pursue learning first as next to it will be earning a profit. Well, losing is very certain upon learning and we can never ever avoid that, and in fact, even those who have a long experience in trading still suffer losses, how much more for the novice.

Mr.right85

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Trading has turned out yo be something very risky due to the level of professionalism it requires of any one interested or dares to come on board. Having little knowledge of it and feeling you could win would be a very big mistake on a beginners part. Except for one who is ready to loose everything in order to gain experience and then have another go at it again.
The sad truth is, there are chances that you can loose everything and still learn nothing if you aren't smart enough or your not someone that is open to accepting new things.

Viscore

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Quote from: Vaculin on January 17, 2022, 04:04:08 PM

Quote from: crzy on January 17, 2022, 03:39:31 PM

Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

Yah,thats right.And also, always keep in your mind that trading involves high risks. Including the risk is losing some of your money, or all of your investment amount.You should also follow a set of rules and strategy consistently. Once you are comfortable and able to make profit with your strategy then you can start with actual trading.

TopT3ns

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I think not only checking with bitcoin chart but also research is most important if want get lucky with cryptocurrency trading, always I check when trading with altcoin looking for what new update and have good news for my trading altcoin. Usually before checking which one altcoin have to buy I see general news about bitcoin, looking bitcoin transaction have many USDT transfer or BTC transfer from wallet to exchange, I think is most important to know about price pump or dump before try with investing in several altcoin, always have news with bitcoin transaction on twitter channel and we can see how many bitcoin transfer on this moment.

Lordhermes

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Research,read more,make findings,invest in a promising project.and the results will definitely come on it own.
Learning from the experienced people is and people that a ahead of you like a role model in Crypto is also important.

And another important thing is reading people's post to understand the topic more,and gaining experience from their post.

GeorgeJohn

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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.

livingfree

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Quote from: ?? on ??

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.

Mpamaegbu

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Quote from: palle11 on January 13, 2022, 12:13:04 PM

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.

Issa56

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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.

LUCKMCFLY

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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.

Silberman

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Quote from: ?? on ??

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.

justdimin

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Quote from: AmoreJaz on February 07, 2022, 05:38:15 AM

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.

kapalmabur

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Quote from: panukurap on February 06, 2022, 10:09:37 AM

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

AmoreJaz

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Quote from: Cling18 on February 06, 2022, 11:54:08 AM

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.

Cling18

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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.

maydna

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Quote from: palle11 on February 06, 2022, 09:56:29 AM

Quote from: macson on February 05, 2022, 10:32:46 AM

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.

Trading will depend on how you can learn and practice and get the point of the lesson to improve your skills to adapt to the current situation on the market. You can expect to make a profit, but you can not always, especially if the market moves in the other direction. Many traders fail to adapt to the fluctuating of the market because they always want to make a profit which they can not always get. Hence, you need to realize that profit depends on the situation and condition. If the market is not good, we can stop trading for a while and monitor how the market move. You should take profit while you can because there is no guarantee the market will give you a big profit.

panukurap

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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.

palle11

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Quote from: macson on February 05, 2022, 10:32:46 AM

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.

macson

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Hire Bitcointalk Camp. Manager @ r7promotions.com

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.

TelolettOm

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

Anguwa

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

Smitty Werben Man Jensen

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Quote from: ?? on ??

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.

Basically we can learn from anywhere and we don't need to limit it as long as it's a positive thing, of course there is nothing wrong,
trading is indeed more complicated than I thought and that's why to keep learning and enjoying it

bhooscream

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

Alert31

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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/

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.

gamer4156

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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.

Munir575

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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/

I went through your content and its a good one, you did a good work by breaking it down and simplifying it for Newbies in trading. It will give them a better understanding of trading and the type of trading to adopt.

To begin trading one must be knowledgeable and understands how it works first before entering into it. You can also learn trading by watching tutorial videos online.

Prosector

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Having experience will increase your chances of success. A beginner should learn about the market to decide whether they should trade or invest.

Desmong

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I have seen many persons asking questions about how to trade and be successful. Trading is not something that one can just jump into without thorough understanding and practical work. A lots of things are involved in trading which makes it versatile. One has to learn the necessary things in trading before venturing into it because it has a lots of risks attached.

Questat

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Quote from: LUCKMCFLY on January 24, 2022, 11:55:45 AM

Quote from: ?? on ??

I believe that the best option for a beginner is a demo account.

For a start, maybe a few days to a week that would be awesome.

But after that, what's next?

The actual trading it goes and see if the learnings you've gained through demo account is going to result into good trades and into your fruition with this career.

Yes, you are right, well I always advise every newbie that I can tell them to be able to trade in an account with fictitious money, the idea is that they can test the strategies, but above all it is to learn to use the trading tools offered by the Exchange , so that at the time of real trading you do not suffer losses. Of course I would say that almost 100% do not follow this recommendation, they only do it until they lose and they worry about not making any more mistakes.

Because all of them had followed their heart, not those things that have been taught to them. If they are just able to control their emotions and are just about to follow that advice and tutorials, that can't be difficult and could avoid losses but unfortunately, this is never happening. Well, it probably will teach them that trading is not easy and this is also a way to test their patience and find their mistakes a big help to be more careful the next time.

gabbie2010

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Quote from: crzy on January 17, 2022, 03:39:31 PM

Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

One of the major lesson I learnt from trading is not afraid to lose though I do trade with the amount of fund I can afford to lose, however for every trade that I lose I always go back to my trading strategy and check out what was wrong and any need to twerk or readjust my strategy, with this action I had learnt of charting analysis and I believe with perseverance and persistent learning I am getting closer to becoming a very good trader irrespective of whether the market is bullish or bearish.

LUCKMCFLY

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Quote from: ?? on ??

I believe that the best option for a beginner is a demo account.

For a start, maybe a few days to a week that would be awesome.

But after that, what's next?

The actual trading it goes and see if the learnings you've gained through demo account is going to result into good trades and into your fruition with this career.

Yes, you are right, well I always advise every newbie that I can tell them to be able to trade in an account with fictitious money, the idea is that they can test the strategies, but above all it is to learn to use the trading tools offered by the Exchange , so that at the time of real trading you do not suffer losses. Of course I would say that almost 100% do not follow this recommendation, they only do it until they lose and they worry about not making any more mistakes.

Smitty Werben Man Jensen

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Quote from: Kelvinid on January 21, 2022, 05:35:35 AM

Quote from: nurilham on January 20, 2022, 06:00:53 PM

That' a good thing, now there are many posts about trading guides that can be learned like the one made by you. Of course it will be very helpful for beginners to start trading because a trader must be equipped with sufficient knowledge and skills in it. The more knowledge we get, the better the knowledge we have for trading. With this guide, it is hoped that it will reduce the losses that traders can get, although it all depends on how we can manage them. But if we have a guide then it will help direct us to manage the assets we have well.

No matter how many guides we read and see, if we don't follow them, it doesn't make sense. The best thing to do is to follow what has been written and listen to people's advice. But of course, this is never enough, the experience is still the best teacher. The more we do actual trading the more we learn about trading.

So, we never think our first trade will become profitable but rather expect losses. If we can't accept it, I think we need to let it go and find another which we feel comfortable.

It's true that when we only listen to advice from other people without taking real action, it's certainly still lacking,
experience is one of the most important things and we must continue to learn and dare to try trading

palle11

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Quote from: ?? on ??

I saw your contents it is nice for a beginner to start with it. The problem with some beginners they feel lazy to learn and thinks it trading knowledge will come with little effort. Trading is about seriousness.

Trading is a serious business and a lazy person don't have business with trading. A good trader should in the first place be someone with passion for it and not just believing it will all come easy for them. At every point the market does not present itself easy, so many things are involved in it including our emotions too. Whatever we study or have the knowledge, it is out of hard effort for it. If no effort to improve and laziness taking over is a sign for failure already.

$crypto$

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Smart is not enough, there must be skills

Quote from: Kelvinid on January 21, 2022, 05:35:35 AM

Quote from: nurilham on January 20, 2022, 06:00:53 PM

That' a good thing, now there are many posts about trading guides that can be learned like the one made by you. Of course it will be very helpful for beginners to start trading because a trader must be equipped with sufficient knowledge and skills in it. The more knowledge we get, the better the knowledge we have for trading. With this guide, it is hoped that it will reduce the losses that traders can get, although it all depends on how we can manage them. But if we have a guide then it will help direct us to manage the assets we have well.

No matter how many guides we read and see, if we don't follow them, it doesn't make sense. The best thing to do is to follow what has been written and listen to people's advice. But of course, this is never enough, the experience is still the best teacher. The more we do actual trading the more we learn about trading.

So, we never think our first trade will become profitable but rather expect losses. If we can't accept it, I think we need to let it go and find another which we feel comfortable.

Reading the guide and practicing directly I think it will feel firsthand how it feels to learn the first, of course at the beginning of trading we should not expect more than to know the basics that have been practiced in the guide, after we master and can apply it to the next trade then we need to consider the advantages as well as avoid the disadvantages, and once we are skilled in doing this of course it will be clear to us how the guide we have learned so far.

Kelvinid

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win lambo...

Quote from: nurilham on January 20, 2022, 06:00:53 PM

That' a good thing, now there are many posts about trading guides that can be learned like the one made by you. Of course it will be very helpful for beginners to start trading because a trader must be equipped with sufficient knowledge and skills in it. The more knowledge we get, the better the knowledge we have for trading. With this guide, it is hoped that it will reduce the losses that traders can get, although it all depends on how we can manage them. But if we have a guide then it will help direct us to manage the assets we have well.

No matter how many guides we read and see, if we don't follow them, it doesn't make sense. The best thing to do is to follow what has been written and listen to people's advice. But of course, this is never enough, the experience is still the best teacher. The more we do actual trading the more we learn about trading.

So, we never think our first trade will become profitable but rather expect losses. If we can't accept it, I think we need to let it go and find another which we feel comfortable.

nurilham

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That' a good thing, now there are many posts about trading guides that can be learned like the one made by you. Of course it will be very helpful for beginners to start trading because a trader must be equipped with sufficient knowledge and skills in it. The more knowledge we get, the better the knowledge we have for trading. With this guide, it is hoped that it will reduce the losses that traders can get, although it all depends on how we can manage them. But if we have a guide then it will help direct us to manage the assets we have well.

jostorres

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

Are you sure that this person is really ready to become a day trader; a little drop in the market is already making them to panic, what if they should become full-time traders and then start to see how much that the market can drop, then they would likely give up? You should let them know that this kind of drop in the market price is something that they would be experiencing almost every day as a day trader.

Unless they would choose to be an investor, or a Hodler, because when it comes to hodling your cryptocurrency investment, then you can decide to hold as long as you want and sell whenever you feel the market is in a good position for you to sell. But in trading, there are so many risks and difficulties involved.

pawanjain

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Nothing lasts forever

Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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/

Have you created the guide all by yourself because it is a well informed guide in my opinion.
It is detailed with various insights on crypto trading which can really be helpful for a newbie.
Although there are already many guides available on trading you done a good effort to elaborate on crypto trading.

arwin100

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Quote from: Sanitough on January 19, 2022, 06:38:13 PM

Quote from: tippytoes on January 19, 2022, 04:19:21 PM

Quote from: AakZaki on January 19, 2022, 02:01:51 PM

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Trading is never learn in an instant, its best learned from a series of experiences that will always bring lessons to motivate us. And yes, trading is a daily learning, and the more you get to experience trading, the more you understand the market. But of course, you will only succeed in trading if you are patient enough to face all its risks, and even if you make frequent losses, that should not be a hindrance to prove to yourself that you can be successful and a good trader in the end.

If a person is eager to learn on how to trade for sure this skill will be learned in due time especially if they do trade by their own since for sure they can learn something new with their experience and certain fundamentals towards what they read over the net, but trading is not for all since many try it but failed due to laziness they didn't make an effort to grow that's why we see so many fall from guys who tell that they will trade for them and just invest an amount and you will get certain percentage of their trades. So hopefully newbies should be aware and avoid this schemes.

passwordnow

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Quote from: Raflesia on January 19, 2022, 09:21:54 AM

Quote from: passwordnow on January 19, 2022, 05:24:07 AM

Informative blog.
It's a good read for those beginners that are looking for a way to start trading. They can start out with the guide you've made OP so they know where they should start with their trading journey. A lot of beginners are doing it wrongly because they're greedy and thinking that it's as easy as what they think about trading. But reality is sinking in to them until they get to realize that it isn't what they think.

A beginner should see the guide in this blog because it is enough to compile the content table, just choose which one is not understood there is quite complete.

Yes, it's a compilation of information that a newbie needs. It's like a whole package although someone would still find some questions that's not included on this blog but overall, there's a lot of details that can be a good start for a newbie that looks for a guide.

Quote from: Raflesia on January 19, 2022, 09:21:54 AM

Of course, for someone who likes to read the entirety of the content provided on this blog, this will be useful before you jump into the trade, because we will know the basics first before getting into the skills we have.

It's a good source for those who still have a lot of questions and likely this blog can give them those basic details that they need before they start trading.

Sanitough

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Quote from: tippytoes on January 19, 2022, 04:19:21 PM

Quote from: AakZaki on January 19, 2022, 02:01:51 PM

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Trading is never learn in an instant, its best learned from a series of experiences that will always bring lessons to motivate us. And yes, trading is a daily learning, and the more you get to experience trading, the more you understand the market. But of course, you will only succeed in trading if you are patient enough to face all its risks, and even if you make frequent losses, that should not be a hindrance to prove to yourself that you can be successful and a good trader in the end.

GreatArkansas

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Quote from: Kasabus on January 19, 2022, 04:46:37 PM

Quote from: tippytoes on January 19, 2022, 04:19:21 PM

Quote from: AakZaki on January 19, 2022, 02:01:51 PM

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Well, no one succeed if you are thinking about quitting. So just keep on trading while learning more in trading.
(....)

]
^ This is one of the common mistakes of newbies or those people who are just starting to trade, they don't have dedication or commitment, after few trades or few losses, they stopped trading, they don't know it is part of the process, not all trades are winning trades. So, they must take it as lesson and apply learning from their mistakes on previous trades, correct those mistakes on next trade.

milewilda

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Quote from: Kasabus on January 19, 2022, 04:46:37 PM

Quote from: tippytoes on January 19, 2022, 04:19:21 PM

Quote from: AakZaki on January 19, 2022, 02:01:51 PM

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Well, no one succeed if you are thinking about quitting. So just keep on trading while learning more in trading. And expect that losses more often comes particularly if you are still a beginner, but as soon as you get to understand the market more, you will also minimize your losses and start to maximize making profits. Trading is really hard if you are not prepared for it, but if you see yourself more prepared and is willing to take and manage the risk, i think there will be high chances that you will succeed and become more profitable in the long run.

Quitting early wont be a solution because we know that mistakes and wrong decisions could really happen but to mind off is that this is where you do learn up something on which you do gain up experience.When it comes to guide then there are lots of various sources on which you could study on or you could even ask out the community in regards to your trading and you would
get immediate response but of course you would be keen on which one to believe and which one should be ignored.You are the ones who is on control which it would really be just
right that you are aware on what you are doing.

Kasabus

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Quote from: tippytoes on January 19, 2022, 04:19:21 PM

Quote from: AakZaki on January 19, 2022, 02:01:51 PM

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Well, no one succeed if you are thinking about quitting. So just keep on trading while learning more in trading. And expect that losses more often comes particularly if you are still a beginner, but as soon as you get to understand the market more, you will also minimize your losses and start to maximize making profits. Trading is really hard if you are not prepared for it, but if you see yourself more prepared and is willing to take and manage the risk, i think there will be high chances that you will succeed and become more profitable in the long run.

tippytoes

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Quote from: AakZaki on January 19, 2022, 02:01:51 PM

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

perfect999

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

As long as you ask others what to trade, you will lose money. That is something I learned a long time ago, if you ask other people what you should trade, which coin you should buy, which coin you should sell, 100% of the time they will tell you the ones that they buy and sell. If they are wrong then you will lose money and since everyone could be wrong, they will make you lose money. Always learn yourself and even if you lose, you will learn why you lost.

jaberwock

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Quote from: Peanutswar on January 19, 2022, 02:47:54 AM

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

Most of these newbies have heard about Bitcoin, but mostly what they hear about it is the good part of it and how people have made millions of profits by investing in Bitcoin, most of them don’t even know the risk that are involved. So, it is good to let them know that there are risks involved before they start investing, so that if the outcome of the event turns out bad they wouldn’t come and start blaming you.

So whenever I’m talking to newbies about Bitcoin I always make sure that I state the risks that are involved and make them be aware of it. Then I would advise them on how to go about it, so that they would be able to manage their risk and not lose much of their money, in case the outcome of the market happens to turn against them.

AakZaki

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zknodes.org

Quote from: AicecreaME on January 19, 2022, 08:32:54 AM

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

Raflesia

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_""""Duelbits""""_

Quote from: passwordnow on January 19, 2022, 05:24:07 AM

Informative blog.
It's a good read for those beginners that are looking for a way to start trading. They can start out with the guide you've made OP so they know where they should start with their trading journey. A lot of beginners are doing it wrongly because they're greedy and thinking that it's as easy as what they think about trading. But reality is sinking in to them until they get to realize that it isn't what they think.

A beginner should see the guide in this blog because it is enough to compile the content table, just choose which one is not understood there is quite complete.

Of course, for someone who likes to read the entirety of the content provided on this blog, this will be useful before you jump into the trade, because we will know the basics first before getting into the skills we have.

AicecreaME

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Kudos to you OP for making such effort to help other people.

But here's my opinion. Anyone could try to find and study about trading by reading articles, watching tutorials, but the problem will start when they are actually trading. People are good on academics (studying about Trading) until they are on the trading situation, some people are not good in both. You need both, the knowledge and the practical scenario skills on how to apply it correctly for each trade in order to make your day productive.

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

passwordnow

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Leading Crypto Sports Betting & Casino Platform

Informative blog.
It's a good read for those beginners that are looking for a way to start trading. They can start out with the guide you've made OP so they know where they should start with their trading journey. A lot of beginners are doing it wrongly because they're greedy and thinking that it's as easy as what they think about trading. But reality is sinking in to them until they get to realize that it isn't what they think.

Botnake

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Quote from: pinggoki on January 19, 2022, 03:28:27 AM

Quote from: Peanutswar on January 19, 2022, 02:47:54 AM

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

The problem is that a lot of people that are trading inflate stories and unknowingly or knowingly deceives people because they will get something out of it and an average person is stupid and they will end up having to believe those stories and think that they will be able to do the same thing which isn't the case because we all know how hard trading is when we do there.

Well, an aspirant trader can only prove it if he experience trading on his own. And by then he will realized that trading is never an easy thing, that making quick profits in trading without extra effort will never be possible.

However, for those who trade that made a lot of preparations to improve oneself will always seen successful in trading. Because in trading, its not just about how big is your capital, but more on your knowledge and skills, your special strategies, your patience, and your positive mindset that will always make a trader lasts longer and sustain its profit consistency.

pinggoki

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Quote from: Peanutswar on January 19, 2022, 02:47:54 AM

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

The problem is that a lot of people that are trading inflate stories and unknowingly or knowingly deceives people because they will get something out of it and an average person is stupid and they will end up having to believe those stories and think that they will be able to do the same thing which isn't the case because we all know how hard trading is when we do there.

Peanutswar

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Top Crypto Casino

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

iv4n

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Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

BTC was dropping and the guy was desperate a bit.

And what is the best advice here? Holding for the next bull run or cutting losses and waiting for a new dip for buying?! What advice do you give to a desperate trader? Quit trading if you can't separate emotions from your trades?!

Quote from: ?? on ??

I believe that the best option for a beginner is a demo account.

For a start, maybe a few days to a week that would be awesome.

But after that, what's next?

The actual trading it goes and see if the learnings you've gained through demo account is going to result into good trades and into your fruition with this career.

I don't like demo accounts as well... maybe demo can be good for people who are trying trading for the first time and they wish to learn about all the features for free, but even that is questionable! The real thing is the real thing, when real money is involved we learn better and faster. Having some losses here and there is not a bad thing, we all make mistakes, we need to learn how to keep a cool head in troubled times, how to not get greedy, to not make desperate moves... and we learn by practicing trading, it's how we get to experience! Doing it with demo simply doesn't give all that!

Finestream

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Quote from: ?? on ??

I believe that the best option for a beginner is a demo account.

For a start, maybe a few days to a week that would be awesome.

But after that, what's next?

The actual trading it goes and see if the learnings you've gained through demo account is going to result into good trades and into your fruition with this career.

You should engage in an actual trading of course so that you will have a real life experience that will make you a better trader. And even if you lose, i know it will always teach you lesson so that you won't be making the same mistakes again. But thanks OP for the helpful guide. It's always a good feeling to help beginners since they are still prone to losses but if they can follow your tips, it will somehow minimize their losses knowing they will have the idea what to expect in a real life trading scenario.

doomloop

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Quote from: Vaculin on January 17, 2022, 04:04:08 PM

Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

That is because of just learning alone will not help anyone to become successful trader in cryptocurrency trading. After learning people must go for practicing in real time environment; when they are willing to experience real time pressure then they can become profitable traders over the time.

Quote from: ?? on ??

I believe that the best option for a beginner is a demo account.

yeah, demo accounts are needed for practicing but trading with real account only with very small capital is highly recommended so that beginners will not lose in the process of learning. Demo account may not provide the all real time emotion relating experiences.

globalpain

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The OGz Club

Quote from: andriarto on January 17, 2022, 10:14:24 PM

Quote from: Vaculin on January 17, 2022, 04:04:08 PM

Quote from: crzy on January 17, 2022, 03:39:31 PM

Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

True. Trading is somewhat complex so you should never stops learning from it. And thanks to you OP as you provide clear guide for beginners on how to trade with more understanding and of course with long patience. Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

very helpful tutorial to learn trading, but the biggest thing we have to learn because the most difficult is self-control of emotions. many traders are unlucky because they are greedy or panic sell, even though they already have good trading techniques, but technique alone is not enough to be successful, we must also be able to manage finances so as not to make a wrong move. we have to take into account the risk and reward

Yes knowledge and skills alone are not enough if you want to be successful in trading,
after all trading can be said to be very complex and we need to control ourselves,
So I think it's something like this that also needs to be realized

andriarto

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Quote from: Vaculin on January 17, 2022, 04:04:08 PM

Quote from: crzy on January 17, 2022, 03:39:31 PM

Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

True. Trading is somewhat complex so you should never stops learning from it. And thanks to you OP as you provide clear guide for beginners on how to trade with more understanding and of course with long patience. Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

very helpful tutorial to learn trading, but the biggest thing we have to learn because the most difficult is self-control of emotions. many traders are unlucky because they are greedy or panic sell, even though they already have good trading techniques, but technique alone is not enough to be successful, we must also be able to manage finances so as not to make a wrong move. we have to take into account the risk and reward

sheenshane

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It's a nice blog and this will help people who want to be a trader but if you're from the scratch, you have a lot of things that you learn not only by reading the article. There are too many factors to consider before you will become a good trader, in your "Traits needed to be a good crypto trader" I have something to add with your criteria list and it is "greed and focuses in your goal".

It's a very crucial part of trading when you have a lack knowledge on trading because you're in hurry on it without the patience to make study and research, people like you is what newbies looking for, it's a great help for them to read your article that full of knowledgable content.

Vaculin

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Winding down.

Quote from: crzy on January 17, 2022, 03:39:31 PM

Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

True. Trading is somewhat complex so you should never stops learning from it. And thanks to you OP as you provide clear guide for beginners on how to trade with more understanding and of course with long patience. Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

crzy

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Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

Alisha-k

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Quote from: ?? on ??

Quote from: palle11 on January 15, 2022, 10:19:21 AM

Quote from: ?? on ??

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.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

It takes dedication and determination for one to excel in trading, the risk in it is enough to sweep anyone off their feet but when you're determined to make it, you tend to stand out in all you do.

bittraffic

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Quote from: jstmtlqc on January 16, 2022, 07:47:17 AM

Quote from: palle11 on January 13, 2022, 12:13:04 PM

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

Sometimes the newbie is actually looking for a simple strategy to follow for him to start with.
What some a newbie just want is a trading pattern like when MAs cross and RSI touches the -30 in the 1hour chart it's time to buy and when it hit the +70 on RSI, it's time to sell. It's the kind of strategy a desperate one need.

In your blog though, you cover it all which is good but it's a long route. Next blog entry, you can assume that the reader already learned how to operate the tradingview.

jstmtlqc

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Quote from: Wexnident on January 15, 2022, 07:24:18 AM

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.

Yes, most of it is already available online, but in separate parts often. And sometimes, its not the content that is important, but the way that it is presented.

What is clear for a reader, might not be for another one.

Many new traders ask me questions that seem so basics. Now I can redirect them to this guide and it can answer most of those basic questions.

jstmtlqc

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Activity: 30

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Quote from: Oceat on January 15, 2022, 05:23:59 PM

Quote from: rhomelmabini on January 15, 2022, 08:22:21 AM

Quote from: Wexnident on January 15, 2022, 07:24:18 AM

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.

jstmtlqc

newbie

Activity: 30

Merit: 0

Quote from: palle11 on January 13, 2022, 12:13:04 PM

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

Oceat

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Activity: 2506

Merit: 368

Quote from: rhomelmabini on January 15, 2022, 08:22:21 AM

Quote from: Wexnident on January 15, 2022, 07:24:18 AM

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.

jostorres

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Activity: 2562

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Quote from: ?? on ??

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.

Quote from: ?? on ??

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.

palle11

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Activity: 2366

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Quote from: ?? on ??

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.

rhomelmabini

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No God or Kings, only BITCOIN.

Quote from: Wexnident on January 15, 2022, 07:24:18 AM

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.

the_Ne0

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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

Wexnident

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Merit: 672

I don't request loans~

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.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: tygeade on January 14, 2022, 04:19:43 PM

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.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

~snip~

Here's the guide link: https://trendsurferssignals.com/how-to-trade-cryptocurrencies/

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.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: jstmtlqc on January 13, 2022, 09:28:00 AM

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.

palle11

sr. member

Activity: 2366

Merit: 332

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.

jstmtlqc

newbie

Activity: 30

Merit: 0

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/

Topic: A guide for beginners to learn trading (Read 701 times)