Topic: How to learn day trading? - page 25. (Read 48641 times)
Daily trading is very risky. For beginners I recommend not trying this trade because most suffer losses. Lots to learn from facebook or youtube. If you want to trade, you must first analyze a trade and study the content content related to that trade.
There are many ways that you can do to learn day trading. One that is read a lot of forum bitcointalk. In addition, you can also ask your friends who are already proficient in trading.
There are cryptocurrency courses you can take that has actual trading videos. @PhilakoneCrypto on twitter offers a paid course on udemy that has good reviews. I would recommend you to follow him first though. He posts up free videos on a daily basis.
I think long time holding is better then day trading, its risky too. so, be careful about this. learn more about crypto before start day trading.
I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?
This is the only and correct way out in the current situation, only this requires a lot of experience and knowledge. Study the diagrams and it seems to me after some mistakes you can get the long-awaited profit from this.
The basic of day trading is to do some analysis. You need to know how you can do technical analysis. For this you can use Tradingview or videos on Youtube very someone explain how to trade in cryptocurrency.
You can start with a simple K diagram. I think the simplest and most complicated way to analyze this market. If you can understand the characteristics of this market, then I believe that you can benefit from day trading.
I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?
Learning in day trading requires a lot of analysis and it needs much information as possible to be able to get profitable trades. One of the reasons, why people tend to be discourage in trading is in the fact that this kind of activity really hurts the monetary aspect a lot especially on investment with unpredictable (low – downward) price. Altogether, it is really difficult to consider the market without proper money, hardwork and patience. Knowledge here is the main asset and if the jungle has its “survival of the fittest”. In crypto trading especially, it has survival of the brains.
Day trading involves a lot of risks and you need a decent portfolio to start with, with the small capital you can't easily make huge profits plus the market is really unpredictable right now so it's better to do swing trade or only if you are completely comfortable with day trading. There are many youtube videos and telegram channels which provide good trading news, tech analysis and signals.
Basically you can just test it out before you get in. You can use bitmex trading, you can use fake money trading, you can train on fake forex exchange deals and you can do your research on the coins you want to day trade and that way you will have everything you need.A way to know bitcoin day trading, a way to learn the charts from forex, a way to use fake money to make sure you know what you are doing and a way to know what you are trading. All of these combined together really gives you a chance of "making sure" you are ready, this is not how to learn trading daily but this is just a formula of following before going in to make sure you are ready.
I'm additionally keen on day exchanging, yet I feel that I have shy of information. Along these lines I'm endeavoring to gain from various youtube recordings and perusing diverse online journals about it. I comprehend that it is anything but difficult to free everything in day exchanging, so I will attempt simply after I get more knowldge.
Day trading involves a lot of risks and you need a decent portfolio to start with, with the small capital you can't easily make huge profits plus the market is really unpredictable right now so it's better to do swing trade or only if you are completely comfortable with day trading. There are many youtube videos and telegram channels which provide good trading news, tech analysis and signals.
I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?
Daily trading is a much more risky business than hodl. It is necessary to deeply analyze the processes that occur in the market and have a good experience. Otherwise, you can lose all your assets.
Hey there, this is very intresting thing to learn, but in my opinion you can only learn while you loosing money, so be ready to start over and over again...
Patience plays a key role in the trade of crypto-currencies, as the market is extremely unstable. Do not be afraid to skip a deal - the current environment is extremely rich in opportunities. Remember: this market is easy to earn, but it is much more difficult to save the money. Do not get attached to the deals. Do not allow greed to prevail and gradually reduce the position as prices rise. There will always be crypto currency, ready to take off. As for me there will always be new opportunities and deals
You will not understand this process and nobody will not be able to help you without your trying. I have started with it and I am improving my skills till this moment.
I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?
Of course, there are a lot of free content on internet, you can learn everything you want and everything you need for successful day trading. When you know the theoretical part, everything else will come with experience
Don't just jump into day trading or you will end up suffering huge losses. Try understanding the market first. Learn the market and the current condition of the coin. Keep this in mind that current affairs affects the price of crypto currencies in a huge way. You can check the internet for how to day trade. Read those articles and watch those videos. After you have enough knowledge, start day trading by investing low amount and eventually increasing your investment.
So you can start with a simple K diagram, and you can learn about Japanese candle charts.
This is an old technology, but it has a broad role in financial markets.
Any link to that Japanese candle charts technology? Agree with the OP, holding is very tiring and it is time for us to at least learn some things new here in crypto. This is an old technology, but it has a broad role in financial markets.
You can learn through youtube videos there alot youtubers who are doing these kind of videos.
The first step for any person who begins to engage in day trading is to learn all game rules from a qualified consultant (or mentor), who is actively engaged in such operations. Well, as some professional managers say, more than 95% of day traders lose money. Keep this in mind. Find the good mentor - that's the point!
Jump to: