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Topic: Teach me how to trade - page 11. (Read 2698 times)

member
Activity: 126
Merit: 10
November 21, 2017, 11:59:35 PM
#31
trading takes time to master , so if you want to learn trading you should expect that the process will take time
there is no one or guide that can teach you how to perfectly trade , but there are some sources that might help you with that
if you are interested in crypto trading there are some youtube channels that may help , I will list some of them and you can check them
note that trading is risky , even if someone experienced did a trade that doesn't mean that the trade will 100% generate profit so try to educate yourself and then be responsible for your trades

https://www.youtube.com/user/lumbridgecity
https://www.youtube.com/channel/UCD9j5qyDqQvb9qnLss3vxww
https://www.youtube.com/user/BrandonZiots

Very informative links, thanks!!
sr. member
Activity: 654
Merit: 250
November 21, 2017, 04:19:17 PM
#30
I thank you all for the advice, it helped in one way or the other.

My question now is, what are the popular ICO one can invest in?

I also want to know and want to listen to the answer to your question brother .. Grin


To trade you need to find the right people. People you trust because it's about your money. Remember to protect your wallet, because hackers can hack and rob you of everything.
member
Activity: 103
Merit: 10
November 21, 2017, 04:13:59 PM
#29
Please how do one know the price before selling
member
Activity: 64
Merit: 10
November 21, 2017, 03:36:19 PM
#28
There's some good advice here already. I'll add my thoughts:

You will find it almost impossible to buy low sell high unless you can separate yourself from emotions. This is because when the price is low, everyone is screaming sell (FUD). And when the price is high, everyone screams buy (FOMO). Most of the time, you will have to do the opposite. And you have to do it based on strategy and hard information, not emotion. As a trader you have to accept sometimes your strategy won't work. The temptation is to give up and trade on emotions. That definitely won't work.

There are many approaches to trading strategy. Technical analysis is usually done, but there are hundreds and hundreds of methods. You have to decide which trading strategy you want to take and then you have to learn it. It's a lot of tough work. I spent three years watching the market and learning trading strategies before I traded even one Satoshi.  And when I did, it was really really difficult not to let emotions and gut feel interfere. Start here: https://www.investopedia.com/articles/active-trading/102914/technical-analysis-strategies-beginners.asp and don't invest any money until you've watched the charts closely for a few months.
member
Activity: 588
Merit: 18
November 21, 2017, 03:08:07 PM
#27
You need to know the market prize and have a guider before started trading.
member
Activity: 98
Merit: 10
November 21, 2017, 02:48:31 PM
#26
Please as a newbie how can I trade , please teach me everything
Reading this forum regularly will help building knowledge. This is my personal experience so far.
member
Activity: 151
Merit: 10
November 21, 2017, 02:47:13 PM
#25
Trading cryptos can be risky and you have to be aware of that. At the same time this should not scare you off.

Trading skills will be required more as more cryptos come to our everyday life.

It's a good thing you want to learn. You will learn that trading is about discipline and planning. There's also a lot of psychology involved.

A book called 'The Disciplinned Trader' by Mark Douglas will tell you a lot about trading, self-discipline and adjusting your behavior to the market trend.

Trading will change you. You will either decide that it's not your cup of tea or will become addicted to it.

Next, youtube is a great source of quality content as far as trading is concerned.

Experienced traders can be found on services like tradingview - sign up to get updates from them and you will learn a lot from them too.  

Good luck in your trading aspirations!
member
Activity: 103
Merit: 10
November 21, 2017, 02:29:08 PM
#24
I have learnt alot
member
Activity: 100
Merit: 10
November 21, 2017, 12:51:20 PM
#23
I learned a lot by reading on this forum and also looking at different movies on the you tube site.
newbie
Activity: 30
Merit: 0
November 21, 2017, 12:40:12 PM
#22
lets suppose you have 0.1 btc to invest in trade, you can use only 10% each trade because if you lose you still have 90% to recover you loss.
member
Activity: 133
Merit: 10
November 21, 2017, 11:42:20 AM
#21
I thank you all for the advice, it helped in one way or the other.

My question now is, what are the popular ICO one can invest in?

I also want to know and want to listen to the answer to your question brother .. Grin
member
Activity: 100
Merit: 10
November 21, 2017, 12:04:05 PM
#21
First you need to read a lot on this forum, it helped me also. Then you need to switch your money into bitcoins, and after you can switch it to other crypto's. I used kraken.

good luck
member
Activity: 133
Merit: 10
November 21, 2017, 11:38:53 AM
#20
Please as a newbie how can I trade , please teach me everything

Hello brother, in fact I am not a person who deserves to teach you, because I am also a beginner.
I just want to share my knowledge only.
maybe a bit of knowledge about bitcoin trade strategies.
In Bitcoin trading we must have a goal in order not to be confused, because sometimes beginners, especially Bitcoiner Idealis who often confused must collect Bitcoin or just pursue profit in selling Bitcoin.
If you have decided to become a Bitcoin Trader then sorry you have to bury the soul of your Idealist Bitcoiner in depth.

In the bitcoin world we have to be good at seeing the market situation, if we want to start looking for profits in trading, we have to enter when the market conditions are positive, meaning there is a tendency Bitcoin Prices continue to increase throughout the day. .
.. In this condition Bitcoin trade tends to be easy. Why? because you simply buy cheaply and sell it at a price slightly higher than the purchase price.

As a small note, do not be greedy to set sales targets, as long as there are advantages then get used to satisfied and do not try to sell at a price that does not make sense unless you really sure.

Well, that's all I know, the rest can be explained by the masters here.
Have a nice day ...
member
Activity: 105
Merit: 10
November 21, 2017, 12:00:29 PM
#20
Please as a newbie how can I trade , please teach me everything

we are on the same level my friend, I do not know much what to say. The tip is to find a structure, make campaigns or even invest from your own pocket, then search for cheap and good quality exchange rates and finally choose a currency.
member
Activity: 133
Merit: 10
November 21, 2017, 11:44:37 AM
#19
Please as a newbie how can I trade , please teach me everything

go to youtube, search crypto currency trading tutorial newbie / noobs / basics

do you know the channel?
can tell me?
member
Activity: 103
Merit: 10
November 21, 2017, 11:35:51 AM
#18
I thank you all for the advice, it helped in one way or the other.

My question now is, what are the popular ICO one can invest in?
brand new
Activity: 0
Merit: 0
November 21, 2017, 11:16:03 AM
#17
learn the basics, make mistakes , research mistakes other ppl make and learn from it, ez job
newbie
Activity: 56
Merit: 0
November 21, 2017, 11:28:34 AM
#17
Please as a newbie how can I trade , please teach me everything

go to youtube, search crypto currency trading tutorial newbie / noobs / basics
member
Activity: 129
Merit: 15
November 21, 2017, 11:14:30 AM
#16
You think Crypto world is a toy. Try to start watching youtube trading videos. Then try with a small amount of money . If you achieve to profit ,then increase your investmen.
newbie
Activity: 1
Merit: 0
November 21, 2017, 10:27:04 AM
#15
Please as a newbie how can I trade , please teach me everything
really hard to teach everyone to be trader, but you need understand technical analysis with patient and emotion controller beside. keep learning and practice, then you will be good trader if you have much experience about trading.
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