Topic: Is this a good plan for learning tradning ? - page 5. (Read 1876 times)
Yes we can learn trading, basic charts, market news etc. But trading has been a good job for the person who has accumulated experience over the years. With experience you can predict the chart and price very well. So learn some tricks and give time in trading will be beneficial for future.
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?
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?
It good to learn trading by practice of trading.Because trading is practice procedure.You can start a trading with a inversement of 10 dollar.Because if you lose of 10 dollar is not a huge loss.Even u can buy any impotential coin, when the liquidity of that coin increased in trading exchange. You can get back the huge profit from it.
Every business needs a lot of practice so the more practice you have the more qualified you will be and the more profit you will make. I have Saran that i started trading one year later and i have been researching trading for quite some tim. Business requires practice as much as money. However to get something good out of the crypto market you have to constantly fight.
And even if you fail, just do it again but learn from the mistakes but always remember to know the time to quit since you have a limited funds and you don't want to drive away your social circle just to pursue something that you failed a lot of times.And talking about funds allocation, if you just have a limited/small amount to risk in trading, better not to try this thing. Why? I am just afraid that you lost them all before you learn to trade.
Trading is not all about learning from our mistakes, it is a need for us to know if we are in our comfort zone and if trading is totally what we wanted. Some just pretending to be okay but deep inside, they even ti struggle hard to find themselves in trading.
Every business needs a lot of practice so the more practice you have the more qualified you will be and the more profit you will make. I have Saran that i started trading one year later and i have been researching trading for quite some tim. Business requires practice as much as money. However to get something good out of the crypto market you have to constantly fight.
And even if you fail, just do it again but learn from the mistakes but always remember to know the time to quit since you have a limited funds and you don't want to drive away your social circle just to pursue something that you failed a lot of times. 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?
To be hinest i am trader since 2016, since we only can deposit with liberty reserve. The trading is not all about technical skill. The most important thing is the " mentality " of the trader and the " risk management ". You could buy the best book in the world which promises you the best technique but you will be lost if you can not manage your risk. 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?
The mentality also can bring a result to not FOMO when the price up. and you can clearly saw where the market possibly move after.
I have very different thoughts about the ways of trading, personally I really like to follow Wyckoff's theory and apply all the teachings of Jesse Livermore to the market, his way of thinking and how to attack the market when it comes against my trades, among other things. Also many traders do not really know how to distinguish when to speculate in the market and when to invest in the market, since the terms are very similar but have great differences, this article is very good to understand how Buffet's teachings can be also applied to the crypto market:
Take a Page from Buffett’s Playbook with Bitcoin Options from Hedget
These teachings are applicable to the market, not only of BTC but to all.
Take a Page from Buffett’s Playbook with Bitcoin Options from Hedget
Quote
By this definition, three elements make up an options trade:
Option type (buy or sell option)
A fixed price (or strike price)
The agreed period (after which the option expires).
For an options trade agreement to proceed, you as the trader (either the buyer or the seller) would have to pay a certain amount to secure the option. This is known as premium, it is merely a fraction of your trading capital.
Source: https://www.newsbtc.com/news/company/take-a-page-from-buffetts-playbook-with-bitcoin-options-from-hedget/Option type (buy or sell option)
A fixed price (or strike price)
The agreed period (after which the option expires).
For an options trade agreement to proceed, you as the trader (either the buyer or the seller) would have to pay a certain amount to secure the option. This is known as premium, it is merely a fraction of your trading capital.
These teachings are applicable to the market, not only of BTC but to all.
Every business needs a lot of practice so the more practice you have the more qualified you will be and the more profit you will make. I have Saran that i started trading one year later and i have been researching trading for quite some tim. Business requires practice as much as money. However to get something good out of the crypto market you have to constantly fight.
First of all I will say that there is no bad time to learn any thing in life.
Crypto learning or crypto trading learning is the same. Yes now there are alot of platforms to learn about crypto trading. You can find free materials on youtube and i myself has bought a paid course on Udemy to learn about crypto trading
and of course the theory will be meaningless if we do not practice it, in other words the best teacher is experience. we have to trade a lot and evaluate every transaction that we trade, so that later we can become traders who can recognize the characteristics of the market Crypto learning or crypto trading learning is the same. Yes now there are alot of platforms to learn about crypto trading. You can find free materials on youtube and i myself has bought a paid course on Udemy to learn about crypto trading
but if you don't apply it and don't try it then you will never be able to trade, this is it, indeed if we see people trading seems very easy to get profit,
but it will be difficult if you try it yourself, yes, failed? natural, because failure is the beginning of success
First of all I will say that there is no bad time to learn any thing in life.
Crypto learning or crypto trading learning is the same. Yes now there are alot of platforms to learn about crypto trading. You can find free materials on youtube and i myself has bought a paid course on Udemy to learn about crypto trading
and of course the theory will be meaningless if we do not practice it, in other words the best teacher is experience. we have to trade a lot and evaluate every transaction that we trade, so that later we can become traders who can recognize the characteristics of the market Crypto learning or crypto trading learning is the same. Yes now there are alot of platforms to learn about crypto trading. You can find free materials on youtube and i myself has bought a paid course on Udemy to learn about crypto trading
This was a topic started 2 months ago, people are still giving advice, if OP worked on his trading for this past 2 months and traded he would have probably been a decent trader by now. By the way we were in a big crash so do not be worried if you didn't made any profit, there are times when Warren Buffet declares a loss as well so there is nothing to worry about, look at 2008 or maybe it was 2009 I do not know Warren Buffet (or basically berkshire hathaway) lost money that year, and a good chunk as well not something small, recovered and then some later on but he did made a loss.
So everyone loses when the market is bad, do not be worried about that, it is about making a bigger profit later on and recovering the loss and then make some profit is the key. So let's say you start with 100, your goal is to have 1000 in 5 years, if you do that, doesn't matter if you reached 20 at some point.
So everyone loses when the market is bad, do not be worried about that, it is about making a bigger profit later on and recovering the loss and then make some profit is the key. So let's say you start with 100, your goal is to have 1000 in 5 years, if you do that, doesn't matter if you reached 20 at some point.
Trading generally is a good venture irrespective of the market you choose to trade be it crypto, stocks, currency pairs etc. Life has evolved and many people tend to get their source of livelyhood from online activities in which trading happens to be a key industry for most of this persons. Giving this a try for me is really encouraging. Been prepared for what ever you would encounter in your early days of trading is another thing to watch out for. Trading isn't a holy Grail and as such you should be expecting lots of losses before you would then appreciate your profit margin over time. Welcome to the hood.
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?
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?
I cannot say its wrong dude, all is depend in your hands decision actually. Besides, there are a lot of way for us to learn trading here in cryptocurrency or bitcoin business. But in my own assessment, it is better for you to start with reading here in the forum, you will learn a lot things here just like what you did now you asked? to find out if you the things you are planning is right or not something like that.
I am in their need of 500usd to topup my account. i think in the worst period of my trading of the year. i never know how i managed to pull loads of money here but i am currently down seriously by 60% and may fall below if things don't work well. i just need to resurface back.
Exchanging is no-halting learning, each exchanging experience fills in as a learning cycle. We may lose, we make a benefit, we even gain more from these things and that is an apparatus for us to improve and prevail later on. That will give you more experience then you can gain from it. That is the significant thing in exchanging, you need to learn numerous things on it and whatever you've learned through perusing.
Yes it is.
You can a lot of money if u can hit the right target in the market.
You can make thousands of dollars by Trading if you are good enough.
So keep learning.
I wouldn't give that description because you'll never know how much the capital of the potential will start. As a newbie, I don't want to encourage them to think about that high profit that they can make.You can a lot of money if u can hit the right target in the market.
You can make thousands of dollars by Trading if you are good enough.
So keep learning.
I'll urge them to learn it first because later it will be rewarded if they have learned to trade the right way. But it would only possible to happen if they've gained experience that will help them to trade with caution and wisely.
Yes it is.
You can a lot of money if u can hit the right target in the market.
You can make thousands of dollars by Trading if you are good enough.
So keep learning.
You can a lot of money if u can hit the right target in the market.
You can make thousands of dollars by Trading if you are good enough.
So keep learning.
...
Experience is what allows us to learn and improve. The better we look at the depths of our experience, the fewer mistakes we make. Therefore, it is extremely important to have as much experience as your own and someone else's.
starting for trading is not difficult, we only need to learn the basics, it's just that to keep doing the trading is quite difficult because many people find it difficult to learn from experience. so keep trading with caution.
Experience is what allows us to learn and improve. The better we look at the depths of our experience, the fewer mistakes we make.
Therefore, it is extremely important to have as much experience as your own and someone else's.
Not just better decisions are the essence of experience but with experience, you also learn how to remain composed and avoid stupid trades in frustration. When I came into crypto-trading and market moves down I used to be so frustrated that I would make some bad decisions like gambling at night to cover the losses and even buying some coins which I don't even know.Therefore, it is extremely important to have as much experience as your own and someone else's.
I don't think anything you do can compare to experience in crypto because it is just insane for anyone to remain tranquil when they see their portfolio dropped to half within a week. But when you go through such times continuously you understand that such things are perpetual and slowly get used to it.
From my perspective, I didn't good at trading few months back and some of my friends were almost expert in giving trading signal. They are getting got payment which attract me. So, I tried to learn from them and also research about trading few days then I started and till now experience is helping me everytime. So, I will suggest you to go for some research and try to learn it as early as possible. If you come first, you can make profit first if your strategy can work successfully. You may lose your funds too.
Experience is what allows us to learn and improve. The better we look at the depths of our experience, the fewer mistakes we make.
Therefore, it is extremely important to have as much experience as your own and someone else's.
Experienced still the best teacher in anyhow, even you have all the written fundamentals but without
applying it and without the actual experienced there's nothing that you can learn from it.
There are many traders who loves to explore they are trying or experimenting strategy from time to time, knowing that
with the right system the opportunities are good,.
Learning things from your in hand experienced gives you the advantage to properly assess what to expect when your indicators shows up.
Learning is a significant thing that we can do before doing trade in cryptocurrency. If you have already learned by reading different trading books online or offline, you have also finished watching different videos about trading then it is time to make it actual to gain experience and apply what you have learned. You just need to start in a small amount of capital while learning the actual trading. You should learn the price movement and graph. In trading, it is necessary to learn and understand both technical and fundamental analysis in trading.
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