I am a General Newbie. - page 2. | Bitcointalksearch.org

ScamViruS

hero member

Activity: 1876

Merit: 721

Top Crypto Casino

Quote from: Freeman66 on February 08, 2023, 06:44:38 AM

For the past 6 days I've been in this platform I've seen many ideas and helping hands spirits circulating round this forum. I must admit the spirit of growth revolve in this group in so much.
As a newbie, I've been left with a confusing situation many times, sometimes due to the Trading Terminologies, Abbreviations and so on. With the spirit of being a man in me I come up with these plea, that my brothers and sisters here should help me carry along with the trading system so as I can as well grow like you.

Try to join the big exchanges in the market for trading. Many people have suggested this to you before my post, including the names of the exchanges. After that it is important to know all the terms of that exchange, because many times newbie traders have to suffer big problems due to not reading these terms. And the most important thing is this, learn as much as you can about the crypto market because if you fail to do market analysis then all your previous knowledge will be wasted. Market analysis is most important to be a successful trader.

albon

legendary

Activity: 1890

Merit: 1537

Quote from: Freeman66 on February 08, 2023, 06:44:38 AM

For the past 6 days I've been in this platform I've seen many ideas and helping hands spirits circulating round this forum. I must admit the spirit of growth revolve in this group in so much.
As a newbie, I've been left with a confusing situation many times, sometimes due to the Trading Terminologies, Abbreviations and so on. With the spirit of being a man in me I come up with these plea, that my brothers and sisters here should help me carry along with the trading system so as I can as well grow like you.

You must be fully aware of the working method of the platform on which you will trade and its limits and terms of use. You must gain experience in learning methods of analyzing markets and trading, and there are many resources on the Internet that will help you with that, such as books, websites, videos, etc. Also, you should focus on market terminology and trading terminology and tools and understand them well, and you should get acquainted with risk management orders, as they will help you identify places to enter and exit the market without falling into potential risks and avoid entering into losing deals and buying currencies that cause a lot of hype in the market, Trading cryptocurrency is an easily hard for many beginners, and it has many positives and negatives, so I advise you to avoid falling into the trap of the negative and invest in the positives to make a profit.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Haha, Op title is too funny in the sense everyone is always a general newbie on his first week then consistently they use to be experienced after 30 days according to the merit system if they got 1 merit they use to be the Jr members. The point is when I was a newbie after months I came to know how to create a useful thread but Op is really Op. My prayers are with you may you learn a lot from here and live a good life.

palle11

sr. member

Activity: 2366

Merit: 332

My question is that are you sure that trading terminologies is the main challenge that you have because I have not heard such complaint from traders. What I believe is that every field of life has its own terminologies and you need to study and understand the field before you get to know the terminologies there in that field. So by the time you are learning and studying the field, you also get to understand the terminologies naturally. Likewise in trading field, you won't be outside and try to understand everything that goes on in trading, if you start learning through demo practice then you can natural understand them but if you want to understand it without being a trader then you will have more time to understand it because you won't be meeting them often. Well some of those terms I think are bull, bear, rally etc. You can also learn more from this board.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: Freeman66 on February 08, 2023, 06:44:38 AM

For the past 6 days I've been in this platform I've seen many ideas and helping hands spirits circulating round this forum. I must admit the spirit of growth revolve in this group in so much.
As a newbie, I've been left with a confusing situation many times, sometimes due to the Trading Terminologies, Abbreviations and so on. With the spirit of being a man in me I come up with these plea, that my brothers and sisters here should help me carry along with the trading system so as I can as well grow like you.

General abbreviations or other information's you need can be search in google and there are more info's you can research there if you want to do deep analyzing the strategies used by certain traders. Also don't rush to put up some amount to invest on your trades learn more first to sharpen up your skills and also read up the links and suggestions provided by fellow user on this thread since that is helpful for your future trading career.

Maus0728

legendary

Activity: 1904

Merit: 1563

Learn the basics first. The links below will give you a headstart about the basic terminologies/concept when it comes to trading.
- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

There's also this subreddit that has the most comprehensive guide when it comes to day trading. Even though they use most of their strategies in stocks trading, they can still be useful in terms of crypto.
- https://www.reddit.com/r/RealDayTrading

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

There is no much term to learn about, just register on one exchange like Binance, Kucoin or any other ones with trading guide and start reading their trading guides. They have video tutorials too which can make learning about spot, future and other trading types easier.

You will have to learn more about indicators from external articles

Read more on risk management, very important.

Do not use the amount of money you can not afford to lose to trade. For start, use very low amount of money that is even less than the amount of money that you can afford to lose to trade.

Freeman66

newbie

Activity: 16

Merit: 1

For the past 6 days I've been in this platform I've seen many ideas and helping hands spirits circulating round this forum. I must admit the spirit of growth revolve in this group in so much.
As a newbie, I've been left with a confusing situation many times, sometimes due to the Trading Terminologies, Abbreviations and so on. With the spirit of being a man in me I come up with these plea, that my brothers and sisters here should help me carry along with the trading system so as I can as well grow like you.

Topic: I am a General Newbie. - page 2. (Read 318 times)