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Topic: Getting more skills in trading (Read 796 times)

member
Activity: 840
Merit: 10
April 25, 2022, 02:21:52 PM

theory can be used as the basis for practicing trading. therefore increasing knowledge that can be read from books is very important. so that in practice we will understand the difficulties that occur in trading. that way if we make a mistake then we can correct it in the hope that the next time we don't make the same mistake, and if this is done continuously then over time we will be good at trading by ourselves by having feelings for the market and easier analyzing it
theory give us basic information about trading technique,and its still be raw information till we practise it on real trading. comparing really and theory give us good describtion on how we will improve our mistakes that happen. we should not be text book traders but need our own improvement in any aspect.
sr. member
Activity: 702
Merit: 251
April 24, 2022, 11:18:44 AM
The truth is that one can't get all the skills that are required in trading but learning more about trading is always important in trading . What I understand about trading is that the more consistent one is into to trading the more experience to know more things about trading, getting more skill is with time , it can't be achieved in a particular time.
Learn everything along the way and dont make yourself rush on making profits or minding out that much because it would really be just causing some desperation whenever you do make out some trades.
The only way you do get learning or skills is via through experience and this would surely takes time and dont rush up because this isnt how these thing works. Get skills and learn from those mistakes
because it would be inevitable for you to encounter those things ahead. It is part of the learning process.

If some of the demos are not done here then you can see that it is very risky to try to come here to test the kind of economy that is there, but if new traders lose money then there is a lot of reason here without it All that can be noticed here is the application of the stick like a candle and many more can be stopped and a lot of work can be started here and if the sources are careful about this then from here many things can be seen here.
legendary
Activity: 2464
Merit: 1856
Leading Crypto Sports Betting & Casino Platform
April 17, 2022, 06:09:41 PM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
Of course skilling, learning and experienced very helpful in cryptocurrencies trading. But some people are involving themselves with trading without skilling and development. So they lose huge amounts of money in trading without learning more skills and knowledge about cryptocurrencies trading.

Well, to tell the truth, experience is a unique factor for trading, we have to take into account that continuous learning through books is also one of the best teachers for trading, and when people learn from books, they have a lot of arguments. stronger than when they are operating a little with the help of social networks, I mean Youtube, documentaries, news, magazines, because they mostly do short-term analysis and short-term is good, but it is better to understand the market in the long term.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
April 16, 2022, 12:49:29 PM
If people could find a way to actually make a profit based on what they read, they would have read every day for 16 hours and trade for just 1 hour and make a profit. If people could train to be a great trader by simply trading a lot they would have traded 16 hours a day with tiny amounts and then trade for real for one hour. You are right that you need to do it with the right balance. I still read even the simplest things, and I mean seriously simple, like there is absolutely nothing I could learn from that article but I still do read it, with the hopes that maybe one sentence would be helpful. But I do keep on trading while at it, and when I make a loss, I check why and I check my readings to see what kind of solutions I could find for it. Thats how you could become a better and better trader.
Well at the very least, it's a good start. Most people start learning from trying to find a problem, then trying to solve that, and tbf, reading a completely foreign topic just outright speaks the word "problems" out of every word in it. I myself have experienced it whenever I try to learn new concepts or ideas when creating programs. I like to breakdown problems from the small ones then build it up to the big problems by using the small answers I got, which is really effective imo in trying to learn slowly but surely.
sr. member
Activity: 702
Merit: 251
April 16, 2022, 12:17:31 PM
I think what is needed to increase skills in trading is the will and never give up. Adding skills in trading cannot be done in one day, it takes a process to do it. therefore I say that you have to really work hard for it. adding skills in trading can be in the form of theory or experience where both must also be balanced. after we study trading theory and can understand it well than we can start to practice because it is very important where we have to deal directly with the crypto market. Therefore, the more practice, the more lessons that can be learned in the future so that you can be even better at trading.
Practicing from here, if I look here with my own thoughts, if I call a businessman here, I can see that he can be a professional trader, but it is impossible to be a professional trader without a lot of continuity here.  There is always a lot of time to be rude and when trading from here
hero member
Activity: 2016
Merit: 575
April 14, 2022, 06:23:50 PM
If people could find a way to actually make a profit based on what they read, they would have read every day for 16 hours and trade for just 1 hour and make a profit. If people could train to be a great trader by simply trading a lot they would have traded 16 hours a day with tiny amounts and then trade for real for one hour. You are right that you need to do it with the right balance. I still read even the simplest things, and I mean seriously simple, like there is absolutely nothing I could learn from that article but I still do read it, with the hopes that maybe one sentence would be helpful. But I do keep on trading while at it, and when I make a loss, I check why and I check my readings to see what kind of solutions I could find for it. Thats how you could become a better and better trader.
hero member
Activity: 2366
Merit: 605
April 14, 2022, 05:10:31 PM
Reading alone won't give you skills in any field. This is what contributes to trading unlike being self-taught to any other field like programming. In trading, you'll really need to risk your money and test the waters if the strategy or the knowledge you had learned went into full effect.
Some would suggest to a virtual trading or a simulated one, but in that case you wouldn't really have been affected by the losses you make unlike when you're actually the one trading.

Source: Experience.
There are some platforms out there that help you understand how the platforms work here and help with editing from here but it may not be helpful to come here but if you have already lost your own funds here then with the lost coins  Don't chat but because every currency in the market has its own trend but this trend will give you that kind of knowledge and you can get a good idea.
There is a good level between reading and doing. If you start trading without ever reading you will become a bad trader for a long time before you could get any good, if you keep on reading for years and then start trading you will not start being amazing on the first trade neither. That means that you need to both read and trade based on how quickly you can learn things.

The period you should be reading and learning without ever trading depends on what kind of person you are, if you are a great financial mind you will learn quickly, if you are not it will take some time, I still read for example Cheesy. But in the end, you need to start trading only after you read enough.
full member
Activity: 1092
Merit: 227
April 14, 2022, 01:08:03 PM
You should be updating this thread most often so that fellow members can understand what are your actually learning’s. I read OP but there seems big pause in the next update. If you taking the classes for trading then you could just come here and Update the thread with everyday learning’s. Adding example is always best thing to do. For example, few trades of your own which you done in demo mode and had success by using the technical analysis that you learnt in the class. There are many threads though which been made for TA and FA studies. Hope you will do the same.
sr. member
Activity: 1610
Merit: 299
April 13, 2022, 02:02:07 PM
I am currently learning trading and other aspect of crypto so I can fit in when it comes to crypto world. I really appreciate every articles/posts I've read here that had made me keep going. Actually I decided to drop these topics(Technical aspect) I've covered in my trading classes maybe it can help someone here that might be looking for something to ready on, to better their knowledge in trading.
One of the best ones that I have seen so far has been the method where people learn how to use trading bots. These days trading bots already have indicators that they use, so you need to learn about trading and what to use and what to care, and then you learn about parameters to put them, like let's say you want to use Bollinger band, but at what level you want to buy and at what level you want to sell.

You arrange the trading bot that way, and it will trade accordingly based on what you have given it. You do this with like ALL the projects you want on multiple exchanges, meaning you will be able to trade 100+ pairs all at once. Not always working, but it is certainly not a bad idea neither.
sr. member
Activity: 1414
Merit: 361
Next Generation Web3 Casino
April 13, 2022, 06:30:49 AM
~
Reading alone won't give you skills in any field. This is what contributes to trading unlike being self-taught to any other field like programming. In trading, you'll really need to risk your money and test the waters if the strategy or the knowledge you had learned went into full effect.
Some would suggest to a virtual trading or a simulated one, but in that case you wouldn't really have been affected by the losses you make unlike when you're actually the one trading.

Source: Experience.
There are some platforms out there that help you understand how the platforms work here and help with editing from here but it may not be helpful to come here but if you have already lost your own funds here then with the lost coins  Don't chat but because every currency in the market has its own trend but this trend will give you that kind of knowledge and you can get a good idea.
full member
Activity: 1050
Merit: 100
April 11, 2022, 12:38:46 PM

I've heard, trading for living, not living for trading, so don't waste your time just to trade without producing anything,
yes it is true that success takes hard work, but if you only work hard without learning mistakes, then that's it too it's useless,
there are many ways to increase your trading skills, buy a book about trading, I'm sure you can do better.

Yes I highly agree with you mate trading without learning from mistakes is useless even let's say you're knowledgeable enough about trading, have a lot of books about trading but reading it without proper execution will lead to mistakes and for me that's fine because our mistake will be our greatest lesson learn in life. There's a lot of ways to improve our skill in trading all we have to do is to dedicate our precious time to read and learn.
theory can be used as the basis for practicing trading. therefore increasing knowledge that can be read from books is very important. so that in practice we will understand the difficulties that occur in trading. that way if we make a mistake then we can correct it in the hope that the next time we don't make the same mistake, and if this is done continuously then over time we will be good at trading by ourselves by having feelings for the market and easier analyzing it
hero member
Activity: 2170
Merit: 530
April 11, 2022, 09:33:17 AM

I've heard, trading for living, not living for trading, so don't waste your time just to trade without producing anything,
yes it is true that success takes hard work, but if you only work hard without learning mistakes, then that's it too it's useless,
there are many ways to increase your trading skills, buy a book about trading, I'm sure you can do better.

Yes I highly agree with you mate trading without learning from mistakes is useless even let's say you're knowledgeable enough about trading, have a lot of books about trading but reading it without proper execution will lead to mistakes and for me that's fine because our mistake will be our greatest lesson learn in life. There's a lot of ways to improve our skill in trading all we have to do is to dedicate our precious time to read and learn.
full member
Activity: 1064
Merit: 101
April 11, 2022, 06:30:06 AM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
Of course skilling, learning and experienced very helpful in cryptocurrencies trading. But some people are involving themselves with trading without skilling and development. So they lose huge amounts of money in trading without learning more skills and knowledge about cryptocurrencies trading.
Starting to trade in crypto I think it takes preparation because that's why trading is not an easy thing to do,
knowledge, skills, and self-control that we must have and it also has an important role,
and if someone dares to start trading without having any knowledge or even skills I think it's tantamount to suicide

In everything we do if we want to succeed in it, we must practice and put effort towards it successfully outcome and that is just the way trading is. It is not a joke because some people are full time traders and feeding from it. The more you trade, the more you learn and practice is the factor that can give you confidence.
I've heard, trading for living, not living for trading, so don't waste your time just to trade without producing anything,
yes it is true that success takes hard work, but if you only work hard without learning mistakes, then that's it too it's useless,
there are many ways to increase your trading skills, buy a book about trading, I'm sure you can do better.
sr. member
Activity: 2310
Merit: 332
April 09, 2022, 06:18:19 PM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
Of course skilling, learning and experienced very helpful in cryptocurrencies trading. But some people are involving themselves with trading without skilling and development. So they lose huge amounts of money in trading without learning more skills and knowledge about cryptocurrencies trading.
Starting to trade in crypto I think it takes preparation because that's why trading is not an easy thing to do,
knowledge, skills, and self-control that we must have and it also has an important role,
and if someone dares to start trading without having any knowledge or even skills I think it's tantamount to suicide

In everything we do if we want to succeed in it, we must practice and put effort towards it successfully outcome and that is just the way trading is. It is not a joke because some people are full time traders and feeding from it. The more you trade, the more you learn and practice is the factor that can give you confidence.
member
Activity: 669
Merit: 10
April 09, 2022, 06:08:13 PM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
Of course skilling, learning and experienced very helpful in cryptocurrencies trading. But some people are involving themselves with trading without skilling and development. So they lose huge amounts of money in trading without learning more skills and knowledge about cryptocurrencies trading.
Starting to trade in crypto I think it takes preparation because that's why trading is not an easy thing to do,
knowledge, skills, and self-control that we must have and it also has an important role,
and if someone dares to start trading without having any knowledge or even skills I think it's tantamount to suicide
full member
Activity: 1017
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 09, 2022, 05:55:38 PM
It is not easy to learn all this OP has listed out here , the only things I know in trading is the basic things in trading and I try as much to understand it well, but if I still have the opportunity to learn more skill I will quickly grab the opportunity because learning is very important.   Learning more skill can also help in the trading journey as well.
learning one straetgy was good, we could make it powerfull in easinest . dont ever make our own complicated with several thing, meanwhile it could not give us profits. know everything sometimes make us confuse how to applied in our trade.n there are traders using trend line only but it could give them profits. focus to what we want to developt and we will success due of this.
sr. member
Activity: 993
Merit: 250
Moonbet.io
April 08, 2022, 06:46:08 PM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
Of course skilling, learning and experienced very helpful in cryptocurrencies trading. But some people are involving themselves with trading without skilling and development. So they lose huge amounts of money in trading without learning more skills and knowledge about cryptocurrencies trading.
sr. member
Activity: 1596
Merit: 264
April 08, 2022, 05:30:59 PM
~
Yep, that's pretty much it. It would be great for those still learning the UI as it could be overwhelming for some. I even recall Binance having "Basic" and "Advanced" trading pages. Simulated trading should be for people that still aren't well-versed on what is going on into their screen, so that at least they can still know what to press without risking their money and time in it.
It's like those baby vehicles that toddlers use, so at least when they grow up, they would know what the steering wheel is for without risking their lives into diving real driving which I know no parents would do of course.
hero member
Activity: 2856
Merit: 769
April 08, 2022, 05:08:33 PM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
Experience is indeed the best teacher and if you are a type of person who dont accept losses and mistakes then you wont really make yourself that progressive or would really able to attain real learning.

This isnt only limited to trading but also in other aspects in life on where we are involving on which it is really just normal that we do need to learn first before we do make ourselves or on seeing it to be
effective.
Skill is something that needs time and effort  for you to handle out everything because if you dont then you could not able to sustain or done it well.
member
Activity: 364
Merit: 13
April 08, 2022, 12:40:31 PM
Well it is said that experience is the best teacher, sharing these skill in this forum is going to help alot of people, because most people who are into crypto currency don't even know how it runs, they are into it because they heard alot have made alot of cash in crypto and they also want to make some cash too.
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