These are some of the basic things to do before trading:Set Aside Funds. Assess how much capital you're willing to risk on each trade. ...
Set Aside Time, Too. Day trading requires your time. ...
Start Small. ...
Avoid trading your emotions. ...
Time Those Trades. ...
Be Realistic About Profits. ...
Stick to the Plan.
Topic: How do I start trading? - page 4. (Read 1329 times)
This trading questions posts can give you much information about trading because there are many top traders too who are their to talk about their personnel experience and most of the people are getting benefits through this, I hope you have also do the same. If you are a beginner then just start with a small amount and experienced yourself first by learning and gaining knowledge about trading from your personnel experience.
If you want to start trading first you need to have enough idea about trading. Then you have to register on the site where you will be trading.And after passing the verification by ID then you can start trading with a sufficient amount of dollars there. However, you must verify your account. And keep your exchange site book safe and secret.
Trading can be time consuming, you must first decide how much time you are willing to spend on trading! The next step is to decide what kind of trader you want to be, do you want to trade daily or three days in a week, monthly etc. Developing your own trading strategy is the next step to take, learning trade as you trade and forming your own skill and style of trade.
First we have to choose the coin we want to trade. For example BNB, then we must know the function and use of the bnb coin. The last thing is to do technical analysis to determine when is the right time to buy BNB coins
I start trading for a new bike .so some people and big brother some advice for me. I' always want for help. this is the only way a traders a chance .when I started working with a broker from a markets. I used just this option. the market and test thinks and probability explore the market the next best place to place such a question.
Warmly welcome to this platform, as we all are here to help each other, First of all you should start with a small capital and invest some money in trading as you had already watched many tutorial and there will be more to watch and learn something. After that you need to know about trading strategies and start trading with patience.
The reality is that the trade is open to everyone but paying the bills or becoming a professional takes a long time if you do not have talent, but there are people who start to earn as soon as they enter the first order.
Most of Exchange, offer FAQs or tutorials that allow you to have fundamental notions, so that is where this forum is crucial for your doubts after learning, because you know what to ask for the experienced users who are willing to give you a precise answer according to your concern, to learning that leaves your first experiences or your first steps in learning information, if learning, is not information or reading, you have to study what is read.
The practical part is fundamental and for someone who has instinct, skill is what you need to start, because there is a basic premise that is what makes everyone enter "sell and buy" is all you have to do, but that only works and it's that easy for talented people just starting out, but that premise can take a lifetime to master.
So don't be afraid to make your first moves; sell, buy and then real questions arise, losing $ 10 will surely not leave you poor but it will leave you far from the ignorance you have now.
Most of Exchange, offer FAQs or tutorials that allow you to have fundamental notions, so that is where this forum is crucial for your doubts after learning, because you know what to ask for the experienced users who are willing to give you a precise answer according to your concern, to learning that leaves your first experiences or your first steps in learning information, if learning, is not information or reading, you have to study what is read.
The practical part is fundamental and for someone who has instinct, skill is what you need to start, because there is a basic premise that is what makes everyone enter "sell and buy" is all you have to do, but that only works and it's that easy for talented people just starting out, but that premise can take a lifetime to master.
So don't be afraid to make your first moves; sell, buy and then real questions arise, losing $ 10 will surely not leave you poor but it will leave you far from the ignorance you have now.
Hello everyone, I just got introduced into crypto by a friend and would like to know how do I go about doing it. Have went through lots of tutorials from different places but did not quite understand how to use them and what to see. That's when I thought a forum would be the next best place to place such a question.
By my own idea, I downloaded a forex MT4 platform which has some cryptocurrencies pairs like BTC/USD, ETH/USD etc, then registered with a demo account, thereafter developed my trading strategy having searched through Google and YouTube, before picking one or two strategy, I installed all the necessary few indicators these serves as a guide, because I focused mainly on candlestick patterns formation on my chart when trading, eg bullish engulfing and bearish engulfing bars, pin bars, morning or evening stars etc I pick signals on my MT4 platform and trade on binance, Note 1 hour chart frame was the minimum timeframe for my trading. 
All you have to do before you start trading is to choose a good exchange where you will trade. But in my opinion you have to use Binance Exchange and Kucoin Exchange For example, if you register in a foreign exchange with dollars there, then you can start trading.However, the exchange on which you will start trading will be well verified with the Exchange National ID card. And then you will start training according to different instructions
It is a very good recommendation. the bad thing is that now Binance is demanding to complete and verify your identity, the KYC, it is also good that Binance is one of the main exchanges to start with due to the high volume it handles, when it is starting to trade things like the highest volume, more currencies that are integrated and operations with margin makes the exchange continue to grow much more, Kucoin is also excellent, especially for small-cap market currencies, I have a friend who knows how to read the volume in Kucoin very well and makes it grow quickly your balance.
Trading is not easy and also many expert says same we need to first learn about market then start trading we don't lose money and do trade any time because signal always risky so if we have knowledge about market then no need to fear
Trader should learn different strategy by himself and not just depends on signals. Knowledge is always the key to become a successful trader. Learn from your experience because that is the best tool we can use o learn and become a better trader.
I believe you really need basic idea about trading before you start it cryptocurrency is not a place which you will start trading today and you will be expecting big profits after few hour's. You need someone that will give you real tutorial about trading because I believe there are lot's of things you should know to avoid money and as a beginner always make sure you start with little money always investing what you can afford to lose.
Hello everyone, I just got introduced into crypto by a friend and would like to know how do I go about doing it. Have went through lots of tutorials from different places but did not quite understand how to use them and what to see. That's when I thought a forum would be the next best place to place such a question.
if you have to listen and analyze these tutorials, these are mostly just the same. Of course, it might confuse you at first because you have no experience yet but if you are doing it in actuality, there you can see and follow what they say through practice.Well, for me, it was not a need to have all the online tutorials just to know about trading, it was best to start it and do discover the market on your own. As to start in a small capital is not a big loss for us I think coz the most important is we are exploring crypto and we gain knowledge in return for our losses.
Trading is not easy and also many expert says same we need to first learn about market then start trading we don't lose money and do trade any time because signal always risky so if we have knowledge about market then no need to fear
To start trading is not a thing to worried about unless if you neither have a single knowledge about crypto. I do believe that everyone knows how risky is trading but despite this, some are just able to make it and prove themselves. Well, to start wasn't easy, it consists of huge challenges and market destructions like FUDs, hearing bad from our friends, and from the family members. But if we have these words courage and desire, we surely have to succeed no matter what.
In general, how to start trading first is to prepare ourselves first and set a plan. That sends us in the right direction and has a chance to succeed.
Do your research and work out whether cryptocurrency trading is right for you. Decide whether you want to do long term or short term trading. Choose the trading method that's right for you. Learn how to place trades and read charts. Choose an exchange and start trading. Ensure your account is well secured using the 2FA(Two factor authentication) from Google.
Trading is not easy and also many expert says same we need to first learn about market then start trading we don't lose money and do trade any time because signal always risky so if we have knowledge about market then no need to fear
To start trading is not a thing to worried about unless if you neither have a single knowledge about crypto. I do believe that everyone knows how risky is trading but despite this, some are just able to make it and prove themselves. Well, to start wasn't easy, it consists of huge challenges and market destructions like FUDs, hearing bad from our friends, and from the family members. But if we have these words courage and desire, we surely have to succeed no matter what.
In general, how to start trading first is to prepare ourselves first and set a plan. That sends us in the right direction and has a chance to succeed.
All you have to do before you start trading is to choose a good exchange where you will trade. But in my opinion you have to use Binance Exchange and Kucoin Exchange For example, if you register in a foreign exchange with dollars there, then you can start trading.However, the exchange on which you will start trading will be well verified with the Exchange National ID card. And then you will start training according to different instructions
Trading is not easy and also many expert says same we need to first learn about market then start trading we don't lose money and do trade any time because signal always risky so if we have knowledge about market then no need to fear
I started & learned trading last year. It was a good experience for me. I have already remained a student and learner of E-Commerce. I was eager about it. So I gained well knowledge & experience about trading soon. But in fact, Learning is a process that remains continues our whole life and that adds experience to our routine business.
Although, life is a game of profit and loss. This reality is a part of life. So there were also ups and downs in Bitcoin trading but it was a happy experience for me.
Although, life is a game of profit and loss. This reality is a part of life. So there were also ups and downs in Bitcoin trading but it was a happy experience for me.
welcome to you in crypto trading arena, if you trying to learn about trading, so many resources you will find in youtube tutorials that's will easier to understand so far from other strategies. in the beginning i would like to recommend small capital if you lose it, you will not affect.
One thing with youtube people that teaches strategies. It is good to learn to see how it really goes but there are many of them that takes advantage of their viewers. They'll suggest you to buy altcoins that you might not want but because you're a newbie, you're likely to follow it too.
Be aware of that.
It's actually a good thing to learn how to trade crypto properly on YouTube, lots of good content on YouTube, can explain trading technicalities.
But as you said, there are some irresponsible youtubers by promoting certain projects for personal gain. The dangerous thing is that many
beginners believe everything their favorite youtubers say, and followed the advice of those youtubers and ended up losing money. So the conclusion is
only to learn technical things for crypto trading on YouTube, but project selection don't follow what youtubers say, we must do our own analysis
and research before deciding to buy certain projects.
There are those that are dishonest but that won't make the difference that there are those who are really honest and sincere with their contents.
But you can determine those that have bad intentions.
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