Is this a good plan for learning tradning ?

LUCKMCFLY

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Quote from: Anguwa on November 15, 2021, 05:57:11 PM

Actually it's a very good idea, beside learning is the key to success in everything. To be a very good cryptocurrency trader and know the exact trading techniques, and ways to manage risks, one needs to learn about trading, so as to trade properly and earn profits.

Yes, it is always good, but it is much better to have solid knowledge in the market, that is, for you, to have the knowledge and solid arguments to decide later which information is good and which is not, it is best to read books, but not read. technical analysis books, reading books by market speculators that explain how they faced certain market scenarios, how they made decisions and why, also in the face of a situation X why they decided they should make a specific move, that is the right way that I think it should be done to learn.

otundebis

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Learning cryptocurrency trading might take different approach, technical analysis is a skill a day trader most have. TA gives you tool that helps you to set a course for yourself an avoid unnecessary roadblocks. There other market factorscyou should consider as well but TA mastering is definitely a way to go!

blockman

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Quote from: Anguwa on November 15, 2021, 05:57:11 PM

Actually it's a very good idea, beside learning is the key to success in everything. To be a very good cryptocurrency trader and know the exact trading techniques, and ways to manage risks, one needs to learn about trading, so as to trade properly and earn profits.

On top of that, you have to apply every factor that you've said and do the actual trading. There's more to learn when you're already there and you get to face the real problems and frustrations.
That's where it will start and make you determine if you're really going to trade for long or it's just a dry run that you want to do since you've seen a lot of traders are only showing their successes.

Fakhrulenclix

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if you already know how to trade and you just want to expand your knowledge of how to trade and develop your strategy I think that's great. You can develop it with books, because the paid ones will not be available on the internet for free. and also available will not describe in detail. You can also use the free one, it depends on your wishes.

New.in.trading

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In all honesty, I think there is no better teacher than Chart-Time. Sit there and Take notes. this goes for btcusd as well as any other asset. at least this is my experience.

Wawa2013

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Quote from: kapalmabur on November 16, 2021, 05:23:55 AM

Quote from: Anguwa on November 15, 2021, 05:57:11 PM

Actually it's a very good idea, beside learning is the key to success in everything. To be a very good cryptocurrency trader and know the exact trading techniques, and ways to manage risks, one needs to learn about trading, so as to trade properly and earn profits.

Knowledge and skills are indeed important as well as capital to start trading or investing.
because when we don't have those two things I think we will easily lose money,
when just starting to trade, it's better to start small because we know that crypto risks are very high

Usually people who trade without having knowledge and expertise only rely on signals from other people. As we know the signals from others there is
no guarantee of accurate, that's why people who are members of the trading group in the end the amount of loss is greater than the profit generated.
My advice is don't trade first if we don't have knowledge about the crypto world, as you said without knowledge it will be easier to lose money. Try to
learn everything about cryptocurrencies first, there are now YouTube platforms with lots of videos explaining crypto trading. Or if we have money
we can take trading courses, it is much better, because there is a mentor who guides us. So to be a successful trader is not easy, it takes sacrifice
and struggle, we can not become successful traders instantly.

kapalmabur

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Quote from: Anguwa on November 15, 2021, 05:57:11 PM

Actually it's a very good idea, beside learning is the key to success in everything. To be a very good cryptocurrency trader and know the exact trading techniques, and ways to manage risks, one needs to learn about trading, so as to trade properly and earn profits.

Knowledge and skills are indeed important as well as capital to start trading or investing.
because when we don't have those two things I think we will easily lose money,
when just starting to trade, it's better to start small because we know that crypto risks are very high

sherenikaw

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Yes, that's right, learning to trade can be through books, web, YouTube or Telegram groups. there is a lot of knowledge that can be learned well. before trading we really have to understand trading and increase knowledge about trading so that we can do it well and make a profit. so through whatever it is as long as it can increase our knowledge about trading then it will be good and of course its useful in the future.

Anguwa

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Actually it's a very good idea, beside learning is the key to success in everything. To be a very good cryptocurrency trader and know the exact trading techniques, and ways to manage risks, one needs to learn about trading, so as to trade properly and earn profits.

Desmong

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Quote from: Mahmoud70 on March 12, 2021, 12:43:52 AM

i watched a couple of courses and read a couple of books, and I liked trading as a career and I want to solid my information and skills
I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

Learning trading is never bad and can be a good idea if you can learn thoroughly in a good settings. When problem comes is when you have insufficient information about trading and blindly use it to trade and finally some dollars at the end. This may sound normal as a beginner it's wrong. Everybody must not start trading with a lose. Go learn the skill, be good at what you do. Get more skill and enter the trading world will good strategy.

blackened515

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Is indeed good for you to read books on trading, or even watch videos on Youtube related to trading. But, been good in trading required enough experience. I understand that it's important you have knowledge about anything you want to get into. But, after acquiring those knowledge, you then have to put those knowledge into practice. Just as the saying goes "experience is the best teacher". Therefore, I will advice you gets into trading and probably start with little amount of money.

Luzin

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Quote from: ReiMomo on November 14, 2021, 02:57:10 PM

~snip~
Analyse and choose the best coin in the market and do paper trading. Then invest a little and have hands on experience.

That's what I did, and was successful. It's like I dreamed I could do that self-taught. At least I started small and when I'm sure then I'll do it with a little bit more. The best lesson is experience, using any alication only as a starting lesson, because the real market is more than a Demo account. So you have to be serious because this is money not paper that is easy to obtain. At least if they're willing to try, not giving up it will work. All I know is that many of them surrendered in the midst of war.

jossiel

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Quote from: Hobo66 on November 14, 2021, 01:59:20 PM

Yes you must understand regarding trading in order to remain effective in trading. It means nothing if you do not comprehend of trading when you begin. You should practice trading on regular basis. You should have acquire trading by viewing videos. You can also look for alternative ways to learn about trading. These are good plans to get profit.

Upon practicing.

Do not forget to only trade with the amount that's good to learn lessons. You don't have to be on board already in trading with such amounts if you're in the learning stage.

The plan of others may look good but application changes everything when you're already on the spot.

ReiMomo

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Studying on any platform where you are willing to invest and earn, requires a deep study / analytics before getting into it. You will not invest to buy a cycle to use unless you know how to ride it. So yes, your money is involved. Spend time and learn the basic. Do paper trading. Paper trading it the basic step to start with. Analyse and choose the best coin in the market and do paper trading. Then invest a little and have hands on experience.

CDC AP

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Gaining knowledge related to any field of work in which you want to have a kickstart is highly appreciated move and one must do it but there is difference in having knowledge and applying it to the practical feild of work.The books, videos,and other resources can guide you about various ways of trading but it depends on you how you imply them In your own way and skills.

Hobo66

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Yes you must understand regarding trading in order to remain effective in trading. It means nothing if you do not comprehend of trading when you begin. You should practice trading on regular basis. You should have acquire trading by viewing videos. You can also look for alternative ways to learn about trading. These are good plans to get profit.

arbifahrozy

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Yes, reading books and getting more and more knowledge about the coins which you want to investing is a great habit of getting into trading and wants to get knowledge about the trading. Without knowing about the coins and their history and the way of their behavior you can't trade and get the benefit in a real sense. So, always take a look at coins first.

Ararbermas

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Quote from: ?? on ??

Yes of course it is good plan, for successful trading you must have experience and idea about trading. If you do not know about trading then it is not easy to take profit in trading. To take advantage from trading you must know about trading. Learning is everything. If you do not have any idea about trading and get start trading then obviously you will loss. So try to learn before starting.

always refer them which way where they can easily learn trading.. Because it's useless if you're just saying something but pointless, i mean you said a hundred words but they cannot get what your trying to say. Lol .. It's always good to emphasize everything so that they all know what will be the steps to adopt trading..

For me these steps will be the right guide for newbies.

°read some information around the internet what is the
most important to remember when it comes trading especially when it comes crypto trading and the advantages and disadvantages of course.

°create a demo account and watch some tutorials in youtube. follow what their doing and make a list for the import things to remember..
°for indicators.. Learn it one by one but make sure those indicators are very useful, make research and put it on you list..
° "practice makes perfect" . So make it as your priority

And lastly always invest time to gain more information.. I mean if you already done those steps don't stop and keep obtaining knowledge, so that you can build more strategy and you can prevent doing mistakes in the future..

LUCKMCFLY

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Quote from: Gosgosking on October 14, 2021, 02:07:03 PM

It's a good plan for you to go through the books , when we go through books we learn things , we know more from it's contents. I'm sure going through it will of advantage to you even if not now but in the future. Going through books is not a waste of time but it's an achievement.

In fact, one of the books that I recommend the most is those of Wyckoff and Jesse Livermore, they are a selectivity for me, for those who want to learn about the trade, these are eaten, it has helped me a lot to understand many market situations, when a whale enters, or when institutional investment enters, even sometimes it can be determined that the market moves by people's emotions, all these things can be determined by the proper use of books, at least that selection has me helped a lot, and if combined with technical analysis it is something bigger still.

Gosgosking

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It's a good plan for you to go through the books , when we go through books we learn things , we know more from it's contents. I'm sure going through it will of advantage to you even if not now but in the future. Going through books is not a waste of time but it's an achievement.

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