Topic: How did you learn to trade? Did you learn it in a hard way or?...... - page 3. (Read 522 times)
October 15, 2021, 09:41:51 AM
It was really hard to start trading before due to a few sources of information that we get but for now,there are a lot of tutorials available online, and it's up to us if spend more time looking at them. That is why I could say that learning trading was not hard anymore but what makes it challenging for us is how to make a good TA and effective strategies. This comes to be the hardest thing to have a good and profitable trades, and even we say that it was too easy to know about trading but usually a lot of traders ended losing their money due to the lack of experience and trading strategies.
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October 15, 2021, 09:20:25 AM
Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.
Good decisions and bad decisions can give you good lesson.
It's true that when we should learn trade with free account/demo account. But this is also true you can not feel the actual emotions/feelings by trading with demo money. Sooner or later when you try trade with real money you can feel it how much you are excited and how much you are sad. This lesion will help every second what you did not learn with demo money. First when I start trade/exchange I did not know that we can practice with demo money lol. So I had start with real money in cryptopia exchange. Good decisions and bad decisions can give you good lesson.
October 15, 2021, 07:56:50 AM
Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.
Good decisions and bad decisions can give you good lesson.
Actual trading is needed because if you're just learning it theoretically then it's hard to look at the perspective of losing and winning if there's no actual money that you're losing.Good decisions and bad decisions can give you good lesson.
That's why if you're learning and studying theoretically then you have to include and incur loss and gain with actual money so that you'll be serious with it.
Because there's the money that's being on the line, you'll be careful and take it as much as seriousness that you needed to convey for it.
Sometimes we can get a different result by using demo since actually we will not feel the real tension between dealing with our money upon trading since we are more careful and more attentive when our decision making on each trade we do compare doing trades on demo account where we are not careful and just doing a experimental trades. Although its quite helpful but the experience you can get is different.
October 15, 2021, 06:03:55 AM
Hardway ofc, I was under a huge amount of stress since it was real money that I was trading with, one that I earned, and well, it was basically my first time losing over $500 in one sitting at that time. Man the despair I felt back then was enough to make me quit, but I said heck why not try a bit more. I never really got ahead tbh, pretty sure when I quit I was actually at a loss but I managed to minimize it at the very least. I even tried some demo trading accounts back then AFTER I lost my first trade, well, It was useful but I guess nothing beats trading with real money.
October 15, 2021, 05:29:57 AM
Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.
Good decisions and bad decisions can give you good lesson.
Actual trading is needed because if you're just learning it theoretically then it's hard to look at the perspective of losing and winning if there's no actual money that you're losing.Good decisions and bad decisions can give you good lesson.
That's why if you're learning and studying theoretically then you have to include and incur loss and gain with actual money so that you'll be serious with it.
Because there's the money that's being on the line, you'll be careful and take it as much as seriousness that you needed to convey for it.
Sometimes we can get a different result by using demo since actually we will not feel the real tension between dealing with our money upon trading since we are more careful and more attentive when our decision making on each trade we do compare doing trades on demo account where we are not careful and just doing a experimental trades. Although its quite helpful but the experience you can get is different.
October 15, 2021, 04:57:48 AM
To become a successful trader, one has to invest time, money and stay committed to the process by taking lot of practices on the demo app with watching series of YouTube videos and reading all sort of articles on the internet. In short, this is the path I follow.. However, RIP to all the money we lost in the process of making more funds 
October 15, 2021, 04:46:14 AM
Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.
Good decisions and bad decisions can give you good lesson.
Actual trading is needed because if you're just learning it theoretically then it's hard to look at the perspective of losing and winning if there's no actual money that you're losing.Good decisions and bad decisions can give you good lesson.
That's why if you're learning and studying theoretically then you have to include and incur loss and gain with actual money so that you'll be serious with it.
Because there's the money that's being on the line, you'll be careful and take it as much as seriousness that you needed to convey for it.
October 15, 2021, 02:46:34 AM
If I remember how I learned to trade, that will be a shame because I do not know how to place an order. I only know how to sell but after the coin is sold, I am confused about how to buying back at a low price. So I am just trying to place an order buy at a low price than the price I sold but it needs days before the order is completed.
But then, I am trying to read about how to trade and watch some videos from Youtube to know how to trade better. It is not easy for me but I am trying to practice using small money because I do not like to lose more money than I can afford. I got more losses than profit, but that was not stopping me from learning and I think now I can make trade better than before, although I must keep learning more.
Starting with little money will be recommended while still learning to trade and prevent the big loss. While getting lost will be the part of the lesson that can improve our skills if we want to learn more.
But then, I am trying to read about how to trade and watch some videos from Youtube to know how to trade better. It is not easy for me but I am trying to practice using small money because I do not like to lose more money than I can afford. I got more losses than profit, but that was not stopping me from learning and I think now I can make trade better than before, although I must keep learning more.
Starting with little money will be recommended while still learning to trade and prevent the big loss. While getting lost will be the part of the lesson that can improve our skills if we want to learn more.
October 15, 2021, 01:36:59 AM
In the beginning, don't think that it's difficult, we must have a strong mind that this trade is sure to be mastered, with that feeling... of course, it will make it easier step by step to master and continue to learn about trade.
What we learn must start from the basics first, not only with the material, it will be more encouraging if we learn while watching tutorials such as videos on youtube.
Learning should not be monotonous, learning from many sources is fun and it is necessary to continue to explore more insights.
Even every one is going with his own mind and strategy, but this is also good way of having some strong mind and positive way of entering in trading my first experience was really disastrous for me as I started in Forex exchange and invested some good amount but my bad I lost all my funds and my account was showing many Zeros, but I never give up my good luck I enter this crypto world which give me back all my losing's from forex even I am newbie in this category but still feeling very happy sometime watching YouTube channels and having reading of blogs and different annalists columns are also very useful for staying update about his all these things helpful for everyone for staying in this trading. What we learn must start from the basics first, not only with the material, it will be more encouraging if we learn while watching tutorials such as videos on youtube.
Learning should not be monotonous, learning from many sources is fun and it is necessary to continue to explore more insights.
October 14, 2021, 06:43:17 PM
Personally, I learned from my own mistakes, and there were a lot of them. I lost a significant amount of money until I started learning trading through videos and articles.
This helped me a lot in understanding how and when and most importantly where to open entry points and where to close them. Also study technical analysis, it is useful.
This helped me a lot in understanding how and when and most importantly where to open entry points and where to close them. Also study technical analysis, it is useful.
October 14, 2021, 05:32:36 PM
When it comes to learning in trading then just like what others said that each person is different when it comes to approach and done of with things but talking in my own ways or method on learning
trading when i do just starting on then this is my own way.
1. Learn the basics
2. Seek for courses or trading basics on youtube(It is much better than reading)
3. Trade with small amounts(Get a hold yourself with the market)
4. Try to be consistent and try your best to be sustainable
5. Continue to learn up
Market is wide and have very lots of opportunities to make if you do know on what you are doing.
Continue to learn because there's no such thing about getting the pinnacle on trading.
This is a continuous process.
trading when i do just starting on then this is my own way.
1. Learn the basics
2. Seek for courses or trading basics on youtube(It is much better than reading)
3. Trade with small amounts(Get a hold yourself with the market)
4. Try to be consistent and try your best to be sustainable
5. Continue to learn up
Market is wide and have very lots of opportunities to make if you do know on what you are doing.
Continue to learn because there's no such thing about getting the pinnacle on trading.
This is a continuous process.
October 14, 2021, 04:17:56 PM
I believe by considering the number of reliable resources available for learning trading these days, no one is learning crypto trading in harder way. Because, you can easily learn crypto trading for free of cost these days and also you can practice it for free of cost.
Most of the traders are learning in easier way but at the same time they never find time and interest to get practice in real-time markets but they want to trade as the early as possible in real market to make profits and this will lead them to learn the real scenario of markets in harder way.
I disagree, what you are describing is what the ideal scenario should be, unlike to what happened in the past in which the sources of information were limited this is not the case anymore thanks to the Internet, however there are several issues, just as there are a lot of good sources of information there are also some awful sources and many people do not know how to distinguish which is which, also many people are not really interested in trading at all and just look at it as a means to an end, but what is the end goal of those people? To make money and nothing else, and not surprisingly they are the first ones to lose their money as they do not know what they are doing. Most of the traders are learning in easier way but at the same time they never find time and interest to get practice in real-time markets but they want to trade as the early as possible in real market to make profits and this will lead them to learn the real scenario of markets in harder way.
October 11, 2021, 09:39:47 PM
In the beginning, don't think that it's difficult, we must have a strong mind that this trade is sure to be mastered, with that feeling... of course, it will make it easier step by step to master and continue to learn about trade.
What we learn must start from the basics first, not only with the material, it will be more encouraging if we learn while watching tutorials such as videos on youtube.
Learning should not be monotonous, learning from many sources is fun and it is necessary to continue to explore more insights.
What we learn must start from the basics first, not only with the material, it will be more encouraging if we learn while watching tutorials such as videos on youtube.
Learning should not be monotonous, learning from many sources is fun and it is necessary to continue to explore more insights.
October 11, 2021, 05:44:42 PM
I believe by considering the number of reliable resources available for learning trading these days, no one is learning crypto trading in harder way. Because, you can easily learn crypto trading for free of cost these days and also you can practice it for free of cost.
Most of the traders are learning in easier way but at the same time they never find time and interest to get practice in real-time markets but they want to trade as the early as possible in real market to make profits and this will lead them to learn the real scenario of markets in harder way.
Most of the traders are learning in easier way but at the same time they never find time and interest to get practice in real-time markets but they want to trade as the early as possible in real market to make profits and this will lead them to learn the real scenario of markets in harder way.
October 11, 2021, 03:49:52 PM
Go for the easy and simple way, just buy when the market is hitting red for a while then sit back and relax the drama this will be an exciting for rich people because they don't invest the money they needed for survival so follow the strategy and surely anyone can be rich in long term.
This basic techniques are only good for a coin with strong fundamentals, you cannot use it in a new coin so if you want to do it then you should only try it to BTC, ETH, BNB and other coins that have a strong community. So if you want the other way, you may learn trading using the demo trading, there are some demo in some trading platform, you can learn trading there and make your own strategies.
October 11, 2021, 07:06:28 AM
The best way to learn Cryptocurrency is to observe and documents the market movement and price of your selected coin, keeping up with industry news and latest developments. Another learning experience is to actually trade in money you can afford to lose why you documents your experience for future reference!
October 11, 2021, 06:38:54 AM
When I’m still a newbie, I usually learn trading on Youtube. Also I had some local friends who guided me about the basics of trading. I had to admit though that I made a lot of mistakes and bad decisions in trading as well, and yes it’s in a hard way. No matter if you are a beginner or an experienced trader, it’s really hard due to the unpredictability of the market along with it’s high volatility.
October 10, 2021, 02:25:04 PM
Am learning to trade in the right way, that all I can say now, because am still learning it, although it taking longer than I thought for me, the news of friends losing money in trading is delaying me on trying out real trading, I don't want to end trading because of loses when I start it for real am prepared to learn first even if that all I did in 2021 concerning trading, I would want to trade my self without any trading mentor trading for me. then next year set my goals and then kick-off really crypto-currency trading,
October 10, 2021, 02:15:16 PM
Learning hasn't stopped for me when it comes to trading, we keep learning everyday. But so far to this point that i am now, all i know about trading was learnt the hard way. There were no mentors or teachers that guided me with their experiences personally through learning. I made mistakes and learnt somethings along the way of trading. I wouldn't advice anyone nee to follow in my steps and learn on your own, it may cause you losses that you may not be able to recover from.
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October 09, 2021, 05:45:46 PM
You do have to understand that we're humans and all different, what meant work effectively for you mightn't work for me. In regards to trading with demo to minimize loss, well while that will be effective for others, it mightn't be for some since some set of individually do quite well when under pressure while others don't.
Generally, why it's advice to avoid debts or trade with demons as noobs is that, you lack the experience needed to outsmart the market at that point since you're obviously a beginner but with time, your can increase your risk and go into margin or future trading, depending on how far you have expended your knowledge in this fields.
Again the learning process shoudn't be generalized, we can either learn the hard way or the safe way, what's important is we learn from this experience and become a better trader.
Generally, why it's advice to avoid debts or trade with demons as noobs is that, you lack the experience needed to outsmart the market at that point since you're obviously a beginner but with time, your can increase your risk and go into margin or future trading, depending on how far you have expended your knowledge in this fields.
Again the learning process shoudn't be generalized, we can either learn the hard way or the safe way, what's important is we learn from this experience and become a better trader.
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