Topic: Practice trading - page 4. (Read 9546 times)

How does an agregator work? Would like to realixe the principe

Learn more trading skills but you can't apply it to reality, to your trading is really useless.
Because you had waste much times to learn those skills, if those skills can't help you anything to get profit, you don't need to learn it.

The trading of practice to the virtual stock trading .the trading process with every one stock market involved in paper trading .pratice of virtual market will be accept to the trading business.the money of transaction would be investors can practice investing without committing real money for paper trading.the typically finacial  market trader can use to practice their investing or trading.

The cryptocurrency markets aren’t controlled by traders who have access to super computers, that means the field with cryptocurrencies is more level allowing retail traders such as us to profit.

Cryptocurrencies are growing! The market cap of cryptocurrencies surpassed $100 Billion, and it’s still growing, hence there’s so much opportunity currently to get involved as an early adopter.

According to golden ratio of development measure here are the rates :
10%: Learning from instructions (manuals, websites etc..)
20%: Learning from others (Interacting with someone )
70%: Learning from experience ( Acting yourself with the light of info taken from 30% above )

So try to make experience what you see what you read and what you have...
A small hint : Just start with small amounts as a precaution.

Yes and its true even you learn more things than a professional until you don't apply it, its only useless. A practice not actually makes a trader perfect and what we learn is a big step in every trading and every applied learning becomes skills that will make you earn.

Everything we learn if we will not apply it in practice that would not be useful, everyone has different approach to learn trading, the good
thing now is that we can actually do an actual trading with just a small amount of capital, that way we expose ourselves to the risk and we can learn
through actual practice.

Good for you but there are not many people that are as meticulous with their trades as you are most people take the easy way out and trade based on what they believe it is going to happen and while sometimes the market can be predictable like when we get a bad news coming from china, most of the time the market cannot be predicted at all and that is when people lose money.

As you're a newbie then try to check out this service https://bestrate.org/
I guess that it will be easy to understanf firt time)

What are you doing if you study a course.  It means it's like to enter a college,  a little hard and easy for some. Knowledge might be a good virtue and anyway it maybe a smart and wise.  A big research you might undergo to your questions. If you think websites like HitBTC or Binance are useful try other things like YouTube streaming you may find a demo trade and a dummy coins.

One should be really very careful with the investments he or she is making in crypto coins because we never know when these coins are going to dump and if your re out of luck and the dumping coin is altcoin that too some shitty one, your re going to face a great loss. To avoid all these situations, one should do proper research before making any kind of investment whether it is the form of trading or investing.

Bitcoin is a fairly new technology that is currently being tested in the real world scenarios. As any other tech, it may take off or it may fail.

It may sound like a good idea to buy with all you have because Bitcoin's past volatility has made many people filthy rich, but it has also made many people equally poor.

When you are 26 years old with no kids and no wife you can afford to lose 50% of your wealth. But it's more painful with a family and mortgage that hangs around your neck

Whatever ico it is, as newbie you have to be a good observer and a listener first. YOu don't actually have to choose the easiest ico to invest in. You can actually already start in the biggest and most known coins. You are already doing the first step by th way, asking questions. To add knowledge other than experience, you also make some reasearch to get strategies.

Learning just the basics takes a serious number of hours of studying (reading, watching videos, researching) and without that you are not going very far. On top of that you need to practice and in my own experience you only do that  with real money. It is probably a good idea to do paper trading for a while (but be honest with yoursefl about your results, entries, outs, losses, etc. Otherwise it's totally pointless and you won't be kidding anyone apart from yourself, I should know about that one).

After you are done with your paper trading try getting a small amount of fiat and choose a platform with low minimum transactions so you can start very small and risk the minimum. Without experience don't trade on margin (It is my believe that in most cases trading on margin on a market as volatile as crypto is very, very, very, very risky. I believe that because I did it and I lost like the idiot I am, but I least now I know).

Then go to a fortune teller and get some tips. Or you can throw darts  at a bunch of logos and trade whatever you hit. I personally am going for the lottery ticket approach, just grab ten or twenty coins at random and see how it goes. Probably better than using that money to buy Thai Lopez's course on something you can learn for free on the internet.

Then again what do I know? I'm a certified idiot.

Good luck, you will need that as well.

Even experienced trader still face such losses, at a times of this kind of big correction and it's getting longer than we all expected even those traders for years can't do something about it but rather faced the losses they are getting but an experienced trader will always hold onto its investment and wait for its normal price to resume.

I think Bitfinex used to have demo trading for the platform view but it has nothing to do with practice trading. The best trading style is the real one that you pay with your own money. This way you be very serious.

Do not go for margin trading unless you know exactly what that is and have enough experience in trading. The markets are very volatile you can end up losing all your money in an instant so be careful

I always calculate the amount I need to spend for my loss and the amount I can earning from an order. After calculated careful many times and consider careful, I only invest when I am sure my target can reach and give me more profit than the loss x1.5

trading may look nothing if they may not study on it yes we can be able to make some profit but you may always take a lot of opportunity to earn more , experience also may result on how you are able to learn for about trading.

But that is precisely what many people do, they think they are going to be able to earn a fortune at trading without any knowledge, in a way they are treating trading no different than gambling and as you may guess they get similar results, they may get lucky once in a while but your losses are going to surpass your profits and eventually you will lose all your money if you are not careful.