Topic: How to learn cryptocurrency day trading! - page 6. (Read 1845 times)

Trading can be learn't through a good coach, e-books, or you can go to trading channel on youtube. In summary, constant practice will make you a good trader.

Your experience in trading will make you even better in the future so it was fine to make mistakes today because mistakes is necessary in order to become a better trader or investor.

Regarding learning day trading is certainly something that is not as easy as we think, an important point to be able to trade day is, sell when you get profit, even though the profit value is small, do not often cut losses, and choose an altcoin that has a fast price movement, and do not let you be obsessed with big profits, which will cause you to get caught up in trading, and don't panic easily.

trading is not very hard, you just have to learn to reduce stress of trading by keeping in mind some of essential points: when you first start trading focus on trading small sizes, do not count money while trading, use the 2% Rule, keep records of all your tradings and also write down your plans.The difference between those who succeed in trading and those who fail is not the system they play, but how well they play it. Your mind is a powerful thing, don’t let it beat you in the market. Keep that in mind and enjoy trading.

actually with banyan experience. or we often trade and face many market situations makes us understand to be able to get success from trading and can benefit from trading

I'm sure that Google has not helped you, because you are not putting the questions right. It is a pity that I can't recommend you any useful information, since English is not my native language and all the necessary information I studied in my native language.
First of all, your task is to be attentive and smart. When I started trading there was not such an abundance of information, so I studied the basics of technical analysis in the Forex market. Technical analysis is a basic knowledge, so it is not important with an amendment to which market to study it, if you are smart enough and study a lot of narrowly focused information, then you will understand what are the subtleties of using technical analysis on the crypto market.
So study technical analysis. Understand what it is and why it is needed. In fact, this is very interesting and it grabs me personally.
Next, I dealt with the candlestick analysis. This turned out to be even more interesting and exciting than the technical analysis. All this can be studied in parallel. Also, in addition to the technical analysis and candlestick analysis, I tried to deal with trading indicators (these are the indicators that you can use on a chart, for example on bitfinex.) With their help, you calculate where the price will move.
All this information is very voluminous. You will have to study it for 10 hours a day, but after 1 month (persistent study) you will be able to successfully carry out transactions. And this will be the deals you have calculated, not just luck.

If you already trade and it didn't go well for you maybe you should learn what is your mistake, or you can do long term investment. But learn first what is long term investment so you can do it well in future.

You can always use google and youtube to learn what is happening in this industry and to update your self on the latest icos and prices of different cryptocurrency in the market.

Yes that makes totally sense, I looked at some books but they were very dry and videos can make this a lot easier to digest. Do you have some videos/authors in mind that you could share? That would be very helpful.

Youtube videos is the best way to start learning about the trading and trading sites. There are many people writing the review and explanation about the trading in the form of videos buddy. I would like to invest on the trading platform means I would like to take a risk at this time and invest big funds to the all the top listed altcoins.

So far Binance, Bitrex and Hitbtc are the trading platform I believe most convenient on fees side and usage side too.

In my own humble opinion, there is no perfect way to learn how to trade a  cryptocurrency if you're already a trader. Things can go to zero in crypto and it can as well go to moon. Just be prepared either way and trade with your common sense not based on advices from random Internet folks.

to be able to trade, looking at the graph is also important, but it has analysis and speculation the prices in the market are also very important, and you have to do research on the altcoins that you want to trade.

Yes no doubt that a lot of advantage are thee in day trading, but it is not so easy and I think that day trading is the most difficult field in trading. It require a lot of experience and study and only then you can become a successful day trader.

Dear friend there are many tutorials and video tutorials that can be found on YouTube, but none of the written documents will not tell Wat exactly how to act in a given situation. Yes, this material will teach the basic principles of trade, but really competently you will start trading only after you step on the rake at least 20 times and lose everything to start with. Only experience and desire will help you to earn in this market.

You can try http://crypscan.com/ (there is a free trial) and join the chat for subscribers,I learned  a lot of trading tips and strat there
good luck

My advice is look for videos because trading videos will be much easier for anyone to understand than to read many books although reading books will help you learn eveey single details that emphasize the main idea in trading. Books is also frwe to download just search it in google.

Go to investopedia.com for resources
and youtube for tutorials and some trading
articles for deep explainations

Was this a course primarily target at beginner? I want to improve my trading skills too but don’t want to start with the basics. Would be great if you can share some more and how valuable the training was for you.

If am to advice, if you want to learn technical analysis, its better you use babypips and also check trading view as well. You can also watch some tutorials from the top guys in the industry

It will be hard for you to do cryptocurrency trading if you do not have experience in trading at all. First of all, you must understand the concept of trading and it actually takes a lot of time and effort to master these and it also requires skills which is acquired through experience. I suggest that you should look for books in your local bookstore, usually there are section for books related to business and investment, you can probably see a book related to trading.  If you have a friend who do crypto trading, do not hesitate to ask.