Those articles are too complicated for me to understand hahaha
Complicated yet, it is made for us to understand what trading really is. Trading will never be easy to anyone. Even those people that are whales or know to trade since then are failing even though they know TA, some information about the coin itself. That's how trading is, a very complicated thing. 
Topic: Do we really know how to trade? - page 2. (Read 766 times)
If you learn how to accept and correct your mistakes in your trading, then you probably know how to trade.
This is important because as a newbie in trading, your journey is a learning process, as expected you will make bad decision at the beginning
but you have to accept it to correct it, if you keep learning you will improve your strategy and that will help you succeed to be a consistent trader.
Trading is not for everybody and you should not put the money you cannot afford to lose.
Everyone can learn and do trading but fear and other negative traits are the only hindrance that limits them . investing what you can afford to loose is the golden rule and majority of traders are following this but i think there are still die hard investors that willing to risk all his lifetime saving just to earn more profit in crypto trading . that was a greedy move and should not be followed by others .
It is a very risky venture and whenever you lose it is a sign that you cannot be perfect in it.
there is no perfect on this world and as well as on trading . if you loose it does not mean that you lack of something . if you know to yourself that you give your best then its not already your fault on why you still loose . trading is just a hard game because crypto market is too unpredictable .
It takes time to learn the art of trading, patience to understand it and determination to master it. Taking part in some learning group that teach you how to trade will not make you a good trader unless you persevere to learn it by youself. Mistakes and losses are always part of trader's learning experience which can make him a better trader someday. If you learn how to accept and correct your mistakes in your trading, then you probably know how to trade.
Many people, especially beginners make a significant error, about which you wrote. They immediately start trading without understanding the General rules of trading. But the most important thing it is study. We should always start with this.
Trading is not for everybody and you should not put the money you cannot afford to lose. It is a very risky venture and whenever you lose it is a sign that you cannot be perfect in it. You just need to have a good skills and intelligence in how the market work in other to be able to make money from the market. I just think that we are going to have more investors coming into the cryptocurrencies market in future and that is why we should keep developing our skills and knowledge on how the market work. But we know not many people who can buy low and sell high, and many of them have big greediness in trading, so they want to make a bigger profit.
As long as people think the price going up means Bitcoin is doing well and the price going down means Bitcoin is doing bad, nothing will change. These people only pull the trigger after having seen the price go up a lot.By the time they gained enough confidence to pull the trigger, they usually buy around the peak of a bull run or rally. It has been like that in the stock market as well--average joes are average joes in any type of market.
As for the greed, even the best traders struggle with that. It also heavily depends on someone's mood, so regardless of your skill level and market understanding, if you feel shit, you can't make rational trading decisions.
Even experienced traders will eventually make a loss in trading; the difference is a more seasoned trader prepares for a loss unlike someone perhaps less skilled that doesn't manage risk properly and might end up with an empty account after one or two failed trades. Realistically you're never going to have a 100% success rate in trading, and even if you do have good accuracy at predicting price action, actively managing risk and maximizing the potential reward of a trade is what's going to make you profits.
Many people, especially beginners make a significant error, about which you wrote. They immediately start trading without understanding the General rules of trading. But the most important thing it is study. We should always start with this.
Trading is not for everybody and you should not put the money you cannot afford to lose. It is a very risky venture and whenever you lose it is a sign that you cannot be perfect in it. You just need to have a good skills and intelligence in how the market work in other to be able to make money from the market. I just think that we are going to have more investors coming into the cryptocurrencies market in future and that is why we should keep developing our skills and knowledge on how the market work. 
Many people, especially beginners make a significant error, about which you wrote. They immediately start trading without understanding the General rules of trading. But the most important thing it is study. We should always start with this.
To be honest, I never think about if I really know how to trade or not. All I need to do is buy at a low price and sell at a high price, and I am very agree with that.
With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
The only key to success in trading is buying low and selling high but buying low is really a challenging task as it really takes a lot of research and knowledge before you know the perfect dip. Any new individual who would join trading can even have profits if he invest in any random coin when the coin is deep seeing the yearly graph ratio and waiting until the expected price is been reached. With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
This will make profits for those peoples much easier and also not much skills are required there. But a professional trader can find a dip in any coin he is interested in and will invest at a perfect price setting a stop-loss and waiting for the expected price to reach.
In the basics of learning trading, buy low and sell high will be work in many situations but the problem, we cannot determine when the price can reach the low price and when the price can increase.
And if that is happening to us, then no other way for us to learn more about trading so at least, we can predict when the time comes.
To be honest, I never think about if I really know how to trade or not. All I need to do is buy at a low price and sell at a high price, and I am very agree with that.
With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
The only key to success in trading is buying low and selling high but buying low is really a challenging task as it really takes a lot of research and knowledge before you know the perfect dip. Any new individual who would join trading can even have profits if he invest in any random coin when the coin is deep seeing the yearly graph ratio and waiting until the expected price is been reached. With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
This will make profits for those peoples much easier and also not much skills are required there. But a professional trader can find a dip in any coin he is interested in and will invest at a perfect price setting a stop-loss and waiting for the expected price to reach.
In the basics of learning trading, buy low and sell high will be work in many situations but the problem, we cannot determine when the price can reach the low price and when the price can increase.
And if that is happening to us, then no other way for us to learn more about trading so at least, we can predict when the time comes.
There are a lot of trading tips on how to crypto trade. If a newbie will read this thread, they will definitely have difficulty in understanding it. Basic knowledge in trading is the first step to learn. Btt forum and youtube will help you,too. Fundamental and technical analysis is a great help to earn profits.
Try this website on basic trading tips.
Cryptocurrency is not much difficult. There are peoples who learned trading in almost few countable days so it would really not be such difficult task. Forum threads from reputable members or youtube videos may prove beneficial as long as you are gathering the basic information. Try this website on basic trading tips.
If you deeply want to be a professional into it then you need to learn a lot of things yourself which won't be taught on youtube or any website. New peoples actually read such threads and try trading with lower volumes or paper trading an done they understand how the markets works they invest higher amounts and slowly and steadily start going deeper into it.
To be honest, I never think about if I really know how to trade or not. All I need to do is buy at a low price and sell at a high price, and I am very agree with that.
With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
The only key to success in trading is buying low and selling high but buying low is really a challenging task as it really takes a lot of research and knowledge before you know the perfect dip. Any new individual who would join trading can even have profits if he invest in any random coin when the coin is deep seeing the yearly graph ratio and waiting until the expected price is been reached. With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
This will make profits for those peoples much easier and also not much skills are required there. But a professional trader can find a dip in any coin he is interested in and will invest at a perfect price setting a stop-loss and waiting for the expected price to reach.
To be honest, I never think about if I really know how to trade or not. All I need to do is buy at a low price and sell at a high price, and I am very agree with that.
With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.
In trading, there isn't right or wrong.
Beside some basic rules of trading like good money management and emotionless decisions, everything else is individual. The most important in my eyes is to learn from our own mistakes and never repeat it again. Everything else is blah-blah.
Learnining from our mistakes is the hardest way to learned but it is the best way and most effective way to know the secret of market behavior and invest at the right time. Experienced will teach you what no man can teach you and you will make profits consistently if you are an experience trader. Most times I don't even do analysis using technical and fundamentals indicators but through experience and what I have learned through my mistake I will know were the market is heading to and the best time to invest. Beside some basic rules of trading like good money management and emotionless decisions, everything else is individual. The most important in my eyes is to learn from our own mistakes and never repeat it again. Everything else is blah-blah.
There are a lot of trading tips on how to crypto trade. If a newbie will read this thread, they will definitely have difficulty in understanding it. Basic knowledge in trading is the first step to learn. Btt forum and youtube will help you,too. Fundamental and technical analysis is a great help to earn profits.
Try this website on basic trading tips.
Try this website on basic trading tips.
I will not make investment in trading if I do not know how it works. Actually, I fully prepared to the risks that I will fave before I entered to the trading of cryptocurrencies. I studied many research and articles about trading for ke to understand how it works.
Being very new in trading crypto currencies, you need to be too much careful. You should try to get knowledge first about trading and after getting good knowledge you should start trading with a least amount, first you need to gain some experience which you can only get from practical trading. After that you can steadily increasing your trading amount.I know a lot of people disappointed from trading , but their main reason is that they even having less experience in trading field invested a big amount of money which cases a big lost for them.
I will not make investment in trading if I do not know how it works. Actually, I fully prepared to the risks that I will fave before I entered to the trading of cryptocurrencies. I studied many research and articles about trading for ke to understand how it works.
I believe we all know how to trade but never practice and understand market works will make our strategy fails, trust me.
We all know because once we started trading that already tells us we know how to trade. However, it should be the result that will determine if we are a successful trader or not, we can read a lot of good information
that could help but theory is always different when you put it in actual practice.
We should not only based on theory, we have to make our own judgement and the longer we trade the better we understand the market
and that will help us to improve our strategy.
Theory is helpful but it's based on general experience, you have your own when you trade and you cannot write everything into a book .
That's why I firmly believed that you really need to go out and get the experience. Books will only tell you something but if you don't practice it, you won't learn. Well at least that what someone taught me in life not just trading. Go get your hands dirty and learn by experience and up to this day I try to apply that in my everyday life and it really helps and guide me in my decision. Throw away that book and go and trade and play and see what fit and works for you.
In the present case it is thought-provoking how knowledge works. Besides gut instinct also plays big role.
I really don't know much about the whole technicals of trading but I still manage to make it work. Because most of the time, I am a in long term hold. As long as I can buy it low and then sell it high then I'm satisfied with that. Making those cups, head and shoulder patterns and etc are not worth it for those shitcoins.
I do not think there are so many people who have all the technical knowledge about trade. Work hard to be more knowledgeable and as time goes by, this information increases, you become more experienced. Jump to: