Topic: Newbies that has interest in trading! - page 8. (Read 980 times)
Another helpful tip is try not just to read everything you see but also write it down in a notebook as what you have been studying in trading would really stick up in your brain. Writing what you see isn't also enough as you also need to put up some of your personal notes while doing it. This helps because you yourself try to understand the su ject and by writing what you have understand will help your conprehension about it. Also trading isn't really just about reading its a whole process in which you also need to try what you have learned by doing mock trades in portfolio management apps so that you see for yourself if you are progressing or not.
Forex is Foreign Exchange you can buy stocks in here that is worldwide. Example, you can buy apple stocks, Microsoft stocks and many more.
Stocks are not related to Forex.Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too 
Same here mate ,checking this later for my reference also since i was on my wayI have no idea about forex but i am more interested in both crypto and forex so this will be a big help if i find a good advices
Its always necessary to gain some skill before starting crypto trade. Honestly if you start your trading without gathering enough knowledge about crypto then you have a big chance to lose your entire fund. So i believe for a newbie its always a wise decision to learn first before start to earn. Earning from online is not an easy task at all. But if you work hard to learn basics and important things then its pretty much easier to be successful.
Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too
Doing the same thing as I also starting back to learn more about trading, practicing your skills is really a good way before going inside the exchange, it's an advantage if you have good fundamentals and you are going to perform what you've already learned from those reference that's been shared, thanks OP. Forex is Foreign Exchange you can buy stocks in here that is worldwide. Example, you can buy apple stocks, Microsoft stocks and many more.
Strictly speaking, Forex is just for trading the national currencies, like USDEUR, USDCAD, USDAUD, and the other pairs. There are about 26 main forex pairs, and other less popular ones. Stocks are not related to Forex. 
Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too
Same here mate ,checking this later for my reference also since i was on my wayI have no idea about forex but i am more interested in both crypto and forex so this will be a big help if i find a good advices
The sites you mentioned are really good to learn technical analysis and to learn the basic fundamentals candlesticks and other properties of charts and graphs.
But I don't think that it will be much useful to carry out profitable trades on cryptocurrencies. It might be useful to analyse the historic price of various cryptocurrencies but it won't be useful in predicting the prices of crypto.
In fact the crypto market is not meant for predictions at all since it is purely based on the demand and supply at that point of time.
Anyway, it is still useful in analysing the current market conditions so newbie traders should definitely go through these once before they start trading crypto.
But I don't think that it will be much useful to carry out profitable trades on cryptocurrencies. It might be useful to analyse the historic price of various cryptocurrencies but it won't be useful in predicting the prices of crypto.
In fact the crypto market is not meant for predictions at all since it is purely based on the demand and supply at that point of time.
Anyway, it is still useful in analysing the current market conditions so newbie traders should definitely go through these once before they start trading crypto.
https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/
..I don't think that i will become a full time trader all though i trade sometimes..thank you for sharing this site to us..i will quote this and add this to my reference to study how trading works, this is very useful to newbies including me for i am still learning how to trade and gain profit through trading..truly this will serve a big help to us..
Thank you for sharing your experiences to inspire every newbies here or even not the newbie but the members who are having struggles in trading. One thing I learned to achieve success like you is the DETERMINATION.
If we are able to input such determination in every trades, learning and reading some useful articles like what you have shared will be a great help for a trader to reach the goal.
If we are able to input such determination in every trades, learning and reading some useful articles like what you have shared will be a great help for a trader to reach the goal.
Does this still works even with low volatility?
Everything will work, you will still make a profit even though the increase is not that high.
I find it hard to make profits now with trading since the last dump. Most of the time I just imagine trading and doesnt really do an order. Afterwards, monitor it and try to see if there will be profits with what I imagined. Profits are just cents and it will not be worth the time and effort.
Profit will be low if you are trading with a low amount try trading with a large amount then your profit from trading will not be cents anymore.
I guess you got lucky since the 2017 market have much movement than now.
Trading takes time, to know when to trade right. Learn gradually and eventually, you will profit more than your previous income.
Useful information for a newbie aspiring to become a full time trader, but you should have highlighted the risks and disadvantages which outweigh the advantages when it comes to trading in such a volatile market.
There were multiple ways of making it big during the 2017 bull run and trading was just one of those ways. Signature campaigns like Pearl were more effective in this regard.
There were multiple ways of making it big during the 2017 bull run and trading was just one of those ways. Signature campaigns like Pearl were more effective in this regard.
Yes, you are right, and I agree with you. We should have a skillful in trading, and if we feel that we don't have those skills, then we need to learn and never stop before we can master the skills. I am sure that every people can be a master in trading, but it depends on how he can learn more about trading and how hard he will learn.
We have a chance to make a lot of money from cryptocurrency especially in trading, but we need to have skills to trade so we could be able to make a profit.
We have a chance to make a lot of money from cryptocurrency especially in trading, but we need to have skills to trade so we could be able to make a profit.
Learning and practice as much as possible, that's the key to be successful trader. Although I'm not interested to be full time trader, but I keep on learning although I do not practice to much.
Skillful alone is not enough to make profit in trading imho, as the result will always based on how the market goes by. We need the skills to predict, but we also need the skills to prepare something unexpected.
And don't forget to prevent the big lose by analyze the chart and try to make the maximum profit as we can. If we cannot get the maximum profit, then we still have the other days so don't be sad.
Trading is not luck but carefully analysis and been smart enough to buy at the right time/price and been patient enough to hold till the market reach the pick. It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
Ok, so the only reason you say the current price is low is because of the all time high being $20,000? Doesn't make much sense at all, especially with how little time we actually spent around the peak. It was a hype driven peak that in no shape or form reflected the actual fundamentals, and that right is more or less what we are left with now the hype is over.
From a TA standpoint, the price is quite overbought and a correction is looming. There are some things that keep the bulls thriving for now, so we'll have to see how this plays out, but purely based on the probability of a profitable trade, it makes more sense to be short than long right now.
Does this still works even with low volatility?
It still works and trading do work every time. I will like to said that if you are a skillful investors or trader you can keep making money from the market because investments or trading opportunity exist every day and every time. We have many day traders that preferred the volatility of the market to remain low. I guess you got lucky since the 2017 market have much movement than now.
[/quote]Trading is not luck but carefully analysis and been smart enough to buy at the right time/price and been patient enough to hold till the market reach the pick. It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
Yes, you are right, and I agree with you. We should have a skillful in trading, and if we feel that we don't have those skills, then we need to learn and never stop before we can master the skills. I am sure that every people can be a master in trading, but it depends on how he can learn more about trading and how hard he will learn.
We have a chance to make a lot of money from cryptocurrency especially in trading, but we need to have skills to trade so we could be able to make a profit.
We have a chance to make a lot of money from cryptocurrency especially in trading, but we need to have skills to trade so we could be able to make a profit.
Learning and practice as much as possible, that's the key to be successful trader. Although I'm not interested to be full time trader, but I keep on learning although I do not practice to much.
Skillful alone is not enough to make profit in trading imho, as the result will always based on how the market goes by. We need the skills to predict, but we also need the skills to prepare something unexpected.
Yes, you are right, and I agree with you. We should have a skillful in trading, and if we feel that we don't have those skills, then we need to learn and never stop before we can master the skills. I am sure that every people can be a master in trading, but it depends on how he can learn more about trading and how hard he will learn.
We have a chance to make a lot of money from cryptocurrency especially in trading, but we need to have skills to trade so we could be able to make a profit.
We have a chance to make a lot of money from cryptocurrency especially in trading, but we need to have skills to trade so we could be able to make a profit.
Does this still works even with low volatility?
I find it hard to make profits now with trading since the last dump. Most of the time I just imagine trading and doesnt really do an order. Afterwards, monitor it and try to see if there will be profits with what I imagined. Profits are just cents and it will not be worth the time and effort.
I guess you got lucky since the 2017 market have much movement than now.
I find it hard to make profits now with trading since the last dump. Most of the time I just imagine trading and doesnt really do an order. Afterwards, monitor it and try to see if there will be profits with what I imagined. Profits are just cents and it will not be worth the time and effort.
I guess you got lucky since the 2017 market have much movement than now.
I used to trade a lot back in 2017 and would say its definitly nothing for newbies. Emotions will melt your trading budget instantly. What helped me was paper trading.
I "traded" coins for about a month only on paper, wrote down entry points, stopp losses and take profits and sticked to them without investing real money. This definitly helps you to get a feeling of the market and to plan your trades wisely!
I "traded" coins for about a month only on paper, wrote down entry points, stopp losses and take profits and sticked to them without investing real money. This definitly helps you to get a feeling of the market and to plan your trades wisely!
Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too
Same here mate ,checking this later for my reference also since i was on my wayI have no idea about forex but i am more interested in both crypto and forex so this will be a big help if i find a good advices
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