Pages:
Author

Topic: Learn to trading - any suggestion? - page 2. (Read 261 times)

legendary
Activity: 2702
Merit: 4002
October 16, 2021, 03:57:19 AM
#13
What analyzes can CMC + CoinGecko provide it to you? These sites display average prices and are not responsible for any problems that occur to you when you want to trade, and therefore you are the one who bears any loss.

tradingview is the main one, as he gives you a set of technical analysis methods such as Support/Resistance, Trendline S&R, Fibonacci S&R, Moving Averages, Relative Strength Index (RSI), and On-Balance Volume (OBV)


copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
October 16, 2021, 12:27:20 AM
#12
I am not a professional trader or experienced trader but at least I understand the risks and also all the consequences in trading "even though today is the first time trading". I plan to fight myself against curiosity. no harm in trying right? if I just stand by without Doing It then I will never know what experience is. first capital $100 and also ''ready to lose money''
I only use CMC + CoinGecko as the first material to analyze coins and also PooCoin.
any suggestion? some kind of tool/indicator for trading?

Use trading for chart analysis if you are serious on trading. Learning how to use indicators and reading chart patterns is the key to become a successful trader. You can use YouTube and other PDF online for tutorials about trading using technical analysis.

Charts is your friend to determine the right time to buy and sell any tokens in the market. CMC and Coingecko is only used to have a background check about the project since all details about the project was indicated there.

Never FOMO and greed is the 2 thing you need to remember on trading.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
October 16, 2021, 12:14:20 AM
#11
TradingView.com is pretty much the "standard" tool that people use due to it's dozens of features; whereas CMC and CoinGecko is mostly just for having quick glances in crypto prices and marketcaps.

for starters, plush that poopcoin behind.
Poocoin as a start? I don't think that's a good idea for you to start with.

As you start, get on the ride with bitcoin. It's where everyone should start with in trading because you'll never go wrong choosing it as a starter.

I assume OP was referring to the PooCoin charts tool(https://poocoin.app/), not necessarily a coin called PooCoin.
copper member
Activity: 246
Merit: 7
buy bitcoin, hodl bitcoin
October 15, 2021, 11:38:16 PM
#10
here is simple strategy or tips for you, go to bitcoinvsgold.xyz to compare price between bitcoin and gold.
and look below on chart for goldbtc, my experience is if it breakdown support or trendline then bitcoin price is going up its even better if the gold price also up again us dollar.

hope this simple tips will help you.

legendary
Activity: 3808
Merit: 1723
October 15, 2021, 10:48:48 PM
#9
You can go to YouTube and watch some videos about stock trading. There are hundreds of them out there. Don’t buy anything from those videos but just watch it to learn common termonology and get comfortable being in the markets.

Then try yourself with small sums, because most likely you will lose this money anyways. After a few months of trading you will get better and better at it. So remember to always go with the trend such as now only taking long trades and always use stop losses even if they get hit regularly.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
October 15, 2021, 05:50:16 PM
#8
I am not a professional trader or experienced trader but at least I understand the risks and also all the consequences in trading "even though today is the first time trading". I plan to fight myself against curiosity. no harm in trying right? if I just stand by without Doing It then I will never know what experience is. first capital $100 and also ''ready to lose money''
I only use CMC + CoinGecko as the first material to analyze coins and also PooCoin.
any suggestion? some kind of tool/indicator for trading?
The best way to learn is through trading by yourself. Use your $100 to invest in some coins and start trading. You will make a lot of mistakes and will probably half of your money in just few days. Now use those mistakes and experience to make yourself a better trader. Learn from it and you will eventually get better. Just reading and watching videos on youtube won't get you anywhere. Gain knowledge and practice at the same time.
legendary
Activity: 3178
Merit: 1054
October 15, 2021, 05:13:30 PM
#7

you should start looking for charts and understand what it says using the indicators which means you also need to learn how the indicators work. its a big load for new learners but you will gradually absorb the information once you talk more to the people who know how to trade.  the forum has a good number of people who does trade, not just gamblers.

for starters, plush that poopcoin behind.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
October 15, 2021, 04:53:35 PM
#6
I am not a professional trader or experienced trader but at least I understand the risks and also all the consequences in trading "even though today is the first time trading". I plan to fight myself against curiosity. no harm in trying right? if I just stand by without Doing It then I will never know what experience is. first capital $100 and also ''ready to lose money''
I only use CMC + CoinGecko as the first material to analyze coins and also PooCoin.
any suggestion? some kind of tool/indicator for trading?

From what I understand, you just use these price tracking sites as a reference to learn how to trade? It looks like you're setting yourself up to fail and while you might get multiple returns on your $100 by putting it into a lucky shitcoin but it won't help you much because you'd like to go bigger next time and you'll get caught and lose even more than you originally anticipated.

What I suggest is to start learning technical analysis on:
- babypips.com
- YouTube (Free University for literally anything).
legendary
Activity: 2338
Merit: 1261
Heisenberg
October 15, 2021, 04:49:54 PM
#5
There are so many tools you can use in your trading arsenal. The most popular Technical analysis and charting one is Tradingview.com.

I have seen numerous threads about trading tools in this board. All you have to do is make full use of the search button, and you will get what you want
For example, I just found about this site - https://learntradingart.com
sr. member
Activity: 2506
Merit: 368
October 15, 2021, 04:39:30 PM
#3
Okay, so before you even say you are ready to lose some money make sure you are an experienced trader. If not then, you are most likely gambling your money in order to gain plus there are factors that you have to consider when trading and it's not that easy as you say you can spend a small bucks just because you are ready to accept consequences of the risk.

For starter, try using the search button to find the topic that what you need, this topic has been discussed over and over again and I'm sure there are plenty of topics you can read and also to help you where to start when trading. It's better than to gamble your money on trading without a proper knowledge.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
October 15, 2021, 04:15:32 PM
#2
Poocoin as a start? I don't think that's a good idea for you to start with.

As you start, get on the ride with bitcoin. It's where everyone should start with in trading because you'll never go wrong choosing it as a starter.
newbie
Activity: 4
Merit: 0
October 15, 2021, 03:45:09 PM
#1
I am not a professional trader or experienced trader but at least I understand the risks and also all the consequences in trading "even though today is the first time trading". I plan to fight myself against curiosity. no harm in trying right? if I just stand by without Doing It then I will never know what experience is. first capital $100 and also ''ready to lose money''
I only use CMC + CoinGecko as the first material to analyze coins and also PooCoin.
any suggestion? some kind of tool/indicator for trading?
Pages:
Jump to: