Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Hi . I am newvie also. All we have to do is keep on reading, and understand it.😁 
Topic: Practice trading - page 11. (Read 9562 times)
Just like your heading reads, practise trading. And as the saying goes, practise make perfect. There are some vitally important thing that chart, lines and speculating won't tell you but your experience and hunch!
Dive in and get started. I know of no training or practice sites or apps. Start small and know that everyone messes somethings up in the beginning. Maybe start with Doge, as that will give you access to using more manageable numbers without dropping too much cash.
Learn the terms on the exchanges and what they mean, watch the fees as they can kill you and never play with money that you cannot literally throw out the window.
Learn the terms on the exchanges and what they mean, watch the fees as they can kill you and never play with money that you cannot literally throw out the window.
You can start with forex (For sure with demo ) you can download app from your mobile "meta trader" or "ctrader" then you will start to make your own charts.
Or check tradingview for educational charts its more better then reading books.
Or check tradingview for educational charts its more better then reading books.
Try to gain so much knowledge by reading and watching some tutorials just make sure you know the basics before you enter trading so you have your own weapon that you can use another advice try to start in a small amount just try to experience it first it will teach you alot make sure you learn from your first try and then put the amount that you want. The real deal.
I should say just do some research how trading works. What are the strategies needed. I might say that trading was so risky.
There are forex offering demo account, where you can practice how to trade.
There are forex offering demo account, where you can practice how to trade.
The first thing to do before get into trading is to to understand the market. This can be achieved by regular asking or study the nature of trading you want to venture into. Secondly you need capital to enable start a trading. Do your analysis and determine your start up capital then you are good to go. Remember is always advisable for a beginner to venture into trading by taking minimum risk.
Yes, you can actually make money on Forex. However, when you enter the Forex industry it's important to know the technical terms and information about the market, once you understand them it will be easier for you to trade and earn at the same time. I came across this article about Foreign Exchange market which i find very informative to share
at first, I was a forex trader, but the comfort finally changed when I started trading actively in the crypto market, everything was easier and I was not stuck by the appeal of margin call, the practice and adaptation of crypto market easier because only the dominance of buying and selling . The most important thing is that there is no government intervention so the fluctuations move very massively according to my needs.
Yes, you can actually make money on Forex. However, when you enter the Forex industry it's important to know the technical terms and information about the market, once you understand them it will be easier for you to trade and earn at the same time. I came across this article about Foreign Exchange market which i find very informative to share
What site i can use,to i can practice and learn how to join traidin??
I think that you ned to have a good capital to start learning how to trade. About $5 is enough for you to start trading. You can start to trade on bittrex or poloniex. However, small exchange may be more suitable for you. Liqui is a good example because they have many good coins for starters. Remember to take part in courses on the internet or in the real life to obtain more skills and knowledge in trading Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
At first you need to study and learn before go to the actual trading, you should know how risky trading is, and make sure that your money that you want to trade is you can afford to lose. Don't put all your money in your first time to try trading.
As much as studying and learning is important I think 95% of what you'll learn will actually be from trading and experience, if you have a small amount of money you can afford to risk then I would actually start trying to trade almost instantly, just remember, buy low and sell high.
What site i can use,to i can practice and learn how to join traidin??
There are so many places from where you can learn the basics of trading. The best option out of all is to join this forum. Apart from this, you can also read the articles related to that of trading. Moreover, the best way to learn trading is to do the things practically. Till the time, you will not step into the actual world of trading you will not be able to learn this thing. You need to learn things well. Just start with a small amount and experiment. To be honest, those chart and candlesticks are not reliable because it won't assure you a successful so don't waste your time on studying that. Just based on your research of the coin and their progress to get a winning trade.
Practically speaking, yes its true to just start with a small amount of investments and experiment it. And continuous learning is also needed continuous reading, and studying the principles of the trading in btc is must. Though, those chart and candlestick aren't realible, sometimes we needed those too to some information we need to know. What site i can use,to i can practice and learn how to join traidin??
You can really practice your trading skill thru major exchanges like poloniex and bittrex and also i suggest to spend small amount of your money as your starting fund. But i think you should start studying about trading or how it works because it's easy to buy and trade on any exchanges but the hard thing is to analyze how the market works, study to use some indicators for you to fully understand the trend of the coin.
Just start with a small amount and experiment. To be honest, those chart and candlesticks are not reliable because it won't assure you a successful so don't waste your time on studying that. Just based on your research of the coin and their progress to get a winning trade.
Practically speaking, yes its true to just start with a small amount of investments and experiment it. And continuous learning is also needed continuous reading, and studying the principles of the trading in btc is must. Though, those chart and candlestick aren't realible, sometimes we needed those too to some information we need to know. Try training on a simulator before you enter the "real market", some recommendations are:
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
I'd left Forex trade after found crypto world and I thinking the same about both have share similarity in some points:-*
Of course these two has similarities because both involves trading, I've met few forex trader that venture our here in crypto and they said that crypto is better than forex.
What site i can use,to i can practice and learn how to join traidin??
i found a good site which you can practice and learn on trading. you can visit on bitmex.com. you register first in bitmex then you can visit on here testnet.bitmex.com then you can start to trading. but unfortunately i am not trying this because i think you need to practice with real balance and you don't need to have big balance to start. you can start deposit $10 to buy bitcoin and then send the bitcoin you bought to poloniex or bittrex and you are ready to practice trading. but before you decide to buy one coins, you need to search and analyze the coins maybe you visit in coinmarketcap.com to see the list of the coins and only choose top twenty which you think you can make your first profit. good luck.
Try training on a simulator before you enter the "real market", some recommendations are:
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
I'd left Forex trade after found crypto world and I thinking the same about both have share similarity in some points:-*
Try training on a simulator before you enter the "real market", some recommendations are:
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
It's good to learn how to trade from a virtual account first. You could get it from etoro, Iq option and there are many other such like these. Even they provide you a mobile app for your trading. From here, you should learn about the price movements, what could influence the movements of the price, and how much time it takes to recover to ATH from it's bottom. But remember, when you already use a real money, All thing you've learn could be different. So never get too greedy on trading. In crypto currency, Hold for long term was a better way for investment.
Try training on a simulator before you enter the "real market", some recommendations are:
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
https://www.forex.com/en-us/open-forextrader-demo-account
https://www.fxcm.com/uk/forex-trading-demo/
these brokers offer virutal money for you to train and try different techniques out. Once you have trained on these platforms for a couple of months, you'll be able to go into the real market and feel comfortable enough placing real bets. Don't directly invest your real money into trading! It's like jumping into the sea without having learned first how to swim (spoiler - you'll drown).
And remember that even though FX markets share some characteristics with crypto markets, crypto markets are still the most dangerous one's (unstable).
Jump to: