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Topic: Learning to trade - page 7. (Read 18613 times)

jr. member
Activity: 378
Merit: 1
April 20, 2019, 09:01:57 AM
I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
I like the method based on background knowledge then practice, through mistakes and growth, although it will probably take a long time but the skill and experience of the trader will be better and more perfect in this process. Finding a teacher to teach us about trading is also a good method but we should understand that with their help, our skills and experience will be very slow to develop when they always guide us with good roads and less thorns
hero member
Activity: 784
Merit: 502
April 20, 2019, 08:09:59 AM
First of all I recommend starting with trading simulator so you could get used to volatility
Only if you can't afford any money for learning,but doing it practically will be the real challenge than doing on simulators because in real we need to handle so much of pressure and fear of losing our money but in simulators we will not be in that situation.
hero member
Activity: 3052
Merit: 685
April 19, 2019, 10:31:24 PM
I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
You have to learn from your mistake, but you will not know if you commit a mistake if you don't have a trading plan.
It all comes with a trading plan first, it's like a theory that you will implement into actual and you will know if it's working or not.
From time to time you have to change your strategy as it could not work anymore, that's why you need to spend time in trading.
jr. member
Activity: 68
Merit: 6
April 19, 2019, 06:56:45 PM
First of all I recommend starting with trading simulator so you could get used to volatility
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
April 19, 2019, 04:46:46 PM
Trading is not very difficult, if you know how to do it Smiley Grin For example, I found a good review from a person who is professionally engaged in trading on a crypto market. I follow his channel and repeat his actions. Little by little, I am learning to understand this large ocean of commerce. I also found a good project that already benefits, it makes roaming available around the world, I think that there will be a big profit.
That is nice. This is how you start learning things by imitating people and absorbing the skills. Trading however is more profitable if you have an overall insight into the crypto market. It is not just one coin and so many and in order to trade multiple coins, you would need different strategies and plans so yeah, master this one and later on, take on the others.
That is one learning that must be done by someone who wants to start trading, at least after he has gained valuable experience in the beginning it will make him have other plans for further actions which certainly already have insight into the trade that has been obtained before. Learning to trade has many usual ways to attention to the movement of the chart first and or will try it with money that can lose, so you can have further plans for profit.
full member
Activity: 1008
Merit: 101
April 19, 2019, 04:15:43 PM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry
do not worry. You had the first few successful deals. But don't stop, continue to create your own investment strategy. Do not ask anyone's opinion, you can read the newspaper and make your own decisions. Wink
Yes you can get news about many coins from newspaper, it will help us to take decision, to learn trading it is very important to gain knowledge more and more, trading has allot of profit for us, those who can learn trading using google, YouTube and other internet resources, use them and gain knowledge about trading to have profit in future,
hero member
Activity: 1036
Merit: 500
April 19, 2019, 02:48:20 PM
Trading is not very difficult, if you know how to do it Smiley Grin For example, I found a good review from a person who is professionally engaged in trading on a crypto market. I follow his channel and repeat his actions. Little by little, I am learning to understand this large ocean of commerce. I also found a good project that already benefits, it makes roaming available around the world, I think that there will be a big profit.
That is nice. This is how you start learning things by imitating people and absorbing the skills. Trading however is more profitable if you have an overall insight into the crypto market. It is not just one coin and so many and in order to trade multiple coins, you would need different strategies and plans so yeah, master this one and later on, take on the others.
full member
Activity: 1078
Merit: 110
April 19, 2019, 02:35:54 PM
I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.
sr. member
Activity: 686
Merit: 262
April 19, 2019, 02:28:39 PM
Here market runs more on news than technical analysis. I have seen coins getting pumped whenever there is some rumour or news around. They defy TA then. Also, market is badly dependent on btc price movement. So, I would say keep an eye on news more than charts. Jump in a coin if it is any development update, partnership or listing. Easy 10-20% in a day.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
April 19, 2019, 01:55:10 PM
In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.
Talking about holding does not mean bitcoin. You can try holding other coins that has a bright future like Ethereum. And you can have a strong hold on that coin and wait for it to go boom in order to take profit. It means that bitcoin isn't the only coin to hold for long term.
How about holding more than 2 altcons? So when the price of one coin is fall down then you have at least one coin to make as a backup so you can recover your losses from there. I think that is a well common trick of trader
sr. member
Activity: 840
Merit: 268
April 19, 2019, 01:30:08 PM
In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.
Talking about holding does not mean bitcoin. You can try holding other coins that has a bright future like Ethereum. And you can have a strong hold on that coin and wait for it to go boom in order to take profit. It means that bitcoin isn't the only coin to hold for long term.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
April 19, 2019, 12:33:53 AM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

Keep trading with the small capital hence you will get experience day by day which I am sure will give you more knowledge to improve your trading skill. Lose and win in trading is so common and we should learn from our previous experience to get better result in the future.
That has to be the mindset, we have to take it slow, step by step then go aggressive once we are confident we already have the skills to be profitable.
We always loss when we are still starting, so it's necessary the risk exposure is low because losing might disappoint us if we don't learn how to manage our trading funds effectively.
About loss is something that must concerned by people. Because some new traders that i see in my community already trauma even they loss on their first time. Actually i understand if they get that because their capital when start is a little and it is all they have.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 18, 2019, 11:22:33 PM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

Keep trading with the small capital hence you will get experience day by day which I am sure will give you more knowledge to improve your trading skill. Lose and win in trading is so common and we should learn from our previous experience to get better result in the future.
That has to be the mindset, we have to take it slow, step by step then go aggressive once we are confident we already have the skills to be profitable.
We always loss when we are still starting, so it's necessary the risk exposure is low because losing might disappoint us if we don't learn how to manage our trading funds effectively.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
April 18, 2019, 10:36:53 PM
In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.
hero member
Activity: 1218
Merit: 534
April 18, 2019, 12:02:08 PM
In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.
Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.
legendary
Activity: 1904
Merit: 1000
April 18, 2019, 11:31:36 AM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

Keep trading with the small capital hence you will get experience day by day which I am sure will give you more knowledge to improve your trading skill. Lose and win in trading is so common and we should learn from our previous experience to get better result in the future.
member
Activity: 490
Merit: 10
April 18, 2019, 09:49:30 AM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry
do not worry. You had the first few successful deals. But don't stop, continue to create your own investment strategy. Do not ask anyone's opinion, you can read the newspaper and make your own decisions. Wink
full member
Activity: 668
Merit: 100
DogData
April 18, 2019, 09:33:42 AM
You need to invest a lot of patience in yourself if you want to become a successful trader in the future. Gaining knowledge in crypto trading is useless if you have no patience because you will study some trading tools that may be boring to you or hard to understand when you read it for the first time. Technical and fundamental analysis are a vital part of trading Don't be afraid of losing because you will learn a lot on it, remember, experience is your best  teacher. Always put in mind to trade only the amount you can afford to lose and also learn how to control your emotion.
I think the method you are doing is indeed true and can provide safe trading even though the benefits you get are not many, but maybe you should be able to take risks to trade you must be able to have courage and have high patience because otherwise it will be difficult to can benefit.
in which crypto exchanges do you trade ?
of course binance because binance is a very good exchange so far so many people in the crypto world use this exchange
sr. member
Activity: 1204
Merit: 272
1xbit.com
April 18, 2019, 08:06:33 AM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

See dude, as you are a newbie,  then first of all welcome you to the trading world.
I want to say you something,  that there is no really a strict  strategy that really works,  or you can follow in order to get profit every time.
IMO the strategy itself doesn't work for the second time.
So you need to really,  work in order to make your own strategy and you can only yourself make profit rather depending on other users and their lame strategies.
Best of luck mate.
member
Activity: 61
Merit: 10
April 18, 2019, 07:57:23 AM
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

don't follow any trading signals they will confuse you , if you want to learn, learn from books and learn from every mistakes you make
if you keep practicing markets will teach you everything try to learn from them 
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