It is good that you are sharing these skills, they are going to be helpful to a lot of people. Anyone who decides to learn trading should as well put effort into making sure that they are applying what they have learnt on a regular.
Trading requires that you are active, because the moment you stop being active and practicing what you have learnt, there is the possibility that you might end up forgetting what you have acquired so far. So, it is good to be active and keep applying the skills that you have, so that you will keep on getting better with experience. Experience is one thing that really matters a lot, so let’s not forget that.
Topic: Getting more skills in trading - page 2. (Read 847 times)
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.
practice, think, practice again then think again are things a trader must do if they want to become a professional trader. without practice, consistency and practice, it's impossible for someone to be able to become a professional trader, that's bullshit so it's always practice and don't back down when you encounter problems while trading. To tell you honestly, I had been here for a couple of years in the cryptocurrency business and yet until now I never master the skills needed for the trading, only the basic things I knew from it such as Candle stick analysis, the resistance level and the chart pattern only then the rest of them is not. I do hope in the end I could understand that all of them.
I don’t think it’s much of a big deal, I believe that if you should put your mind to it and you really want to learn all those things, you are really going to learn them. Although one thing you also have to know about cryptocurrency trading is that learning never ends, it's just something that continues.As long as you’re in the cryptocurrency community, there are lots of things to learn and you keep learning. Majority of them are something that you would even have to gain through experience, I’m not just by reading about how to do it. So just commit your time to it, you are going to learn it for sure.
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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.
Demo trading may be helpful in getting the grasp how the trading buttons work for specific platform.
But it may not be helpful when you are already actually trading with coins using your own funds.
Because every coin has their own trend in the market, and that is for you to learn.
The demo trading won't give you that kind of knowledge but the experience itself.
And it would take lots and lots of experience to learn possible tricks in trading.
in learning to trade, it is better for someone to guide first, so that we can transfer knowledge quickly. After getting the theory of what our caregivers have, the real trading experience becomes the peak point for practicing trading, where we will be faced with problems in trading so we can feel them and have to find solutions. The more experience we have in trading, the better it will be for the development of our trading skills, and of course trading success is achieved through a process, without anything instant
As the most expertise members says trading is not the things that can be learnt and earned In bundle in single day. Trading can make friendly to use only when we merge ourselves into it to explore the way it is.Initial days though if there is no profit we should have the mind to accept it and not quit.keep surfing sure a day thing will change and you can be the master in trading. Dedicating time In forum and experimenting the market rise and fall will gain more basics in trading. Moreover initial investment must be low and then high,due to which loss in initial days may lead us not to move up further. So reading more about trading wont help much rather play with it sure success will be in our hands.
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.
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.
To tell you honestly, I had been here for a couple of years in the cryptocurrency business and yet until now I never master the skills needed for the trading, only the basic things I knew from it such as Candle stick analysis, the resistance level and the chart pattern only then the rest of them is not. I do hope in the end I could understand that all of them.
You're not alone mate, me either, actually I can say that I'm a member of this society for a long time now but then up until now I haven't yet master the proper way of trading. For me, up until now I'd still learn a lot and new things about trading that I have encountered all the way and that's normal because I believe that the crypto market is volatile and that somehow your learned strategy from your last trading will not going to worked out in your next trading. It's a constant learning but I would like to commend OP for brought up this kind of discussion this is such a great help to everyone.
It took a long journey to master this I also don't master trading skills expertly but I always learn from what I trade using my own method, of course TradingViews is one of my tools to help read the movement of coins to see candles, resistance etc. .
Until now I still understand these things over and over so I can master them, but I don't get discouraged during the experience there is definitely knowledge to be taken to get better at the trading skills.
To tell you honestly, I had been here for a couple of years in the cryptocurrency business and yet until now I never master the skills needed for the trading, only the basic things I knew from it such as Candle stick analysis, the resistance level and the chart pattern only then the rest of them is not. I do hope in the end I could understand that all of them.
You're not alone mate, me either, actually I can say that I'm a member of this society for a long time now but then up until now I haven't yet master the proper way of trading. For me, up until now I'd still learn a lot and new things about trading that I have encountered all the way and that's normal because I believe that the crypto market is volatile and that somehow your learned strategy from your last trading will not going to worked out in your next trading. It's a constant learning but I would like to commend OP for brought up this kind of discussion this is such a great help to everyone.
Hi everyone, I have been away from this forum for a very long time now trying to learning more on trading so I can get better skills when it comes to analyzing the crypto market. Many newbies like me needs to better their skills too so we can diversify our knowledge when it comes to crypto currency, trading and other aspects. I am very happy to be in the forum cause I have gained much knowledge here, also the urge to improve and learn more.
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.
HOW TO KNOW WHEN TO ACTUALLY BUY OR SELL
❇HOW TO GENERATE SIGNALS FOR YOURSELVES.
❇INDICATORS: Moving Averages, Stochastic, MACD, Bollinger bands, RSI, ADX, Parabolic SAR, ATR, Ichimoku etc
❇TIME FRAMES ANALYSIS
❇SUPPORT & RESISTANCE LEVEL
❇CANDLE STICK ANALYSIS
❇FIBONNACCI LEVELS
❇PIVOT POINTS
❇ELLIOT WAVES & FRACTALS
❇CHART PATTERNS
I like to update this post as I learn more... thanks
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.
HOW TO KNOW WHEN TO ACTUALLY BUY OR SELL
❇HOW TO GENERATE SIGNALS FOR YOURSELVES.
❇INDICATORS: Moving Averages, Stochastic, MACD, Bollinger bands, RSI, ADX, Parabolic SAR, ATR, Ichimoku etc
❇TIME FRAMES ANALYSIS
❇SUPPORT & RESISTANCE LEVEL
❇CANDLE STICK ANALYSIS
❇FIBONNACCI LEVELS
❇PIVOT POINTS
❇ELLIOT WAVES & FRACTALS
❇CHART PATTERNS
I like to update this post as I learn more... thanks
To tell you honestly, I had been here for a couple of years in the cryptocurrency business and yet until now I never master the skills needed for the trading, only the basic things I knew from it such as Candle stick analysis, the resistance level and the chart pattern only then the rest of them is not. I do hope in the end I could understand that all of them.
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You have to sum up all of those if you want to be good in trading. It's true that practice is needed and you really need to apply that to yourself by doing trades.If you don't do that, how can you learn and get skills in trading if you're always in the theoretical way of understanding it. That's why you'll lose and win and that's normal because you'll not know what are the basics if you don't experience losing.
https://www.bestfxbrokers.com/binary-trading/guide/10-trading-habits/
I'd found these helpful habits that could help us to realize what we need to do and what we need to enhance which literally is all about ourself improvement.
I agree, that when someone faces many losses they will grow fast as they can, "Never stop learning" is the best word that I will keep in mind because without any sustainable learning we can't adapt to any new change in trading. We can keep learning from experience or even we can learn from watching videos anything will work just adjust with your comfortable method.
snipped...
You have to sum up all of those if you want to be good in trading. It's true that practice is needed and you really need to apply that to yourself by doing trades.If you don't do that, how can you learn and get skills in trading if you're always in the theoretical way of understanding it. That's why you'll lose and win and that's normal because you'll not know what are the basics if you don't experience losing.
https://www.bestfxbrokers.com/binary-trading/guide/10-trading-habits/
I'd found these helpful habits that could help us to realize what we need to do and what we need to enhance which literally is all about ourself improvement.
All the people who involve in the trading are look into the profit alone.All the time,we can learn trading from the trade.Nothing can be done without a practice.Not only for the practice,trading need of knowledge.Trading knowledge can be occurred with the trade.Once you got enough trading knowledge,your profit mode will be start.Then you will get huge profit from the trade.
You have to sum up all of those if you want to be good in trading. It's true that practice is needed and you really need to apply that to yourself by doing trades.If you don't do that, how can you learn and get skills in trading if you're always in the theoretical way of understanding it. That's why you'll lose and win and that's normal because you'll not know what are the basics if you don't experience losing.
Without trading skills, it is like flying a plane in the dark. Also, the list of skills is long. Traders should first prioritise what they should learn and take one step at a time. Other than that, as suggested by others, don’t just read. Give time to practise your skills.
Good analogy, but unfortunately the evidence shows that people like to fly a plane in the dark as you mention, they decide to begin to trade without any knowledge about it since they feel trading the markets should be easy, so if we keep up with your analogy this is not even about flying in the dark, the conditions could be perfect for flying, the plane could be in the best conditions possible with a lot of fuel and newbies will still crash and burn under those circumstances due to their lack of knowledge. 
When we trade, of course, many things are needed, basic knowledge to complex analysis is a mandatory thing that must be mastered, as traders of course we will continue to follow the latest developments so that being a trader will increase a lot of skills.
All the people who involve in the trading are look into the profit alone.All the time,we can learn trading from the trade.Nothing can be done without a practice.Not only for the practice,trading need of knowledge.Trading knowledge can be occurred with the trade.Once you got enough trading knowledge,your profit mode will be start.Then you will get huge profit from the trade.
Everything would really run through real experience and dealing on with the market for yourself because you wont learn something unless you would trade on your own and gaining skills is really through engagement.If you do rush up yourself then it would really be just creating mistakes so its better to take a grasps on everything and dont mind much about making money but rather thinking about sustainability.
You would find out that you would really become even more better compared in the past although this wont take a short time.
All the people who involve in the trading are look into the profit alone.All the time,we can learn trading from the trade.Nothing can be done without a practice.Not only for the practice,trading need of knowledge.Trading knowledge can be occurred with the trade.Once you got enough trading knowledge,your profit mode will be start.Then you will get huge profit from the trade.
You will never learn in trading if you never let yourself experience the different trading scenarios. Reading books and watching video tutorials are helpful but the best things are learned when you start to put them into practice. Particularly in gaining skills, you will only develop them if you keep on trading and losing because it will give you lessons and help you to motivate yourself to develop your own skills and strategies to minimize seeing yourself from committing losses. Trading should be learned the hard way so you should exert more time and effort to make you learn.
The problem is that most people get knowledge for trading cryptocurrencies through self-education, while making many mistakes when choosing training material. And each such mistake leads to financial loss, which in turn leads to the duration of the search for truth.
Well, if you're not ready to use real money we can always practice with the demo account without feeling any possibility of losing money, having a risk of losing money is not unavoidable but we can make that risk to a minimum with enough practice using demo trading, learn how to analyze, learn how to read market movement, learn how to read candlestick and many more.
You will never learn in trading if you never let yourself experience the different trading scenarios. Reading books and watching video tutorials are helpful but the best things are learned when you start to put them into practice. Particularly in gaining skills, you will only develop them if you keep on trading and losing because it will give you lessons and help you to motivate yourself to develop your own skills and strategies to minimize seeing yourself from committing losses. Trading should be learned the hard way so you should exert more time and effort to make you learn.
The problem is that most people get knowledge for trading cryptocurrencies through self-education, while making many mistakes when choosing training material. And each such mistake leads to financial loss, which in turn leads to the duration of the search for truth.
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