Topic: Trading for the Inexperienced Traders - page 8. (Read 22036 times)

surely it will be difficult to be able to walk well or develop in the future. because knowledge is very important to trade because it is the key to success too

its better if we learn step by step and practice in market.find the relation between the thing we learnt before with fact in chart.if we often observing in chart i think we will could find price habbit only by analize chart.we have to observe more than just learn theoretical.

Perhaps, if he is a hard learner, he only needs to learn about the basic first, and he can master so he can continue with the intermediate lesson in trading. But if someone can learn with quick, then he only needs a short time to understand the technical and fundamental analysis, and he can practice for what he learned. I agree that trading is for everyone and it depends on that person itself, and he wants to learn or not.

that depend on the person . if he is hard learner , it can take a long time for him to learn and master trading  but if a person is fast learner and can adapt to the techinical and fundamental aspects  easily , he can then expect to become a good trader in no time .

but overall , trading is not olny for experienced traders  .  everyone can do and learn it no matter what his status in life  .

i think the best way for the beginers are trying to hold famous coin / coin that have good community , day trading are really hard and one mistake can give u loss

I don't think so, as long as he can spend his time to learn about trading and keep practice, I am sure that he doesn't need a few years to make a profit.

To learn how to trade and understand the market a little bit you need a few years, and digital currencies are still very little studied and it is not clear how they can behave

When I started trading, I had no idea on charts and market sentiments but I decided to also benefit from the Pro traders as they move the market.

First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).

If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.

Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.

Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).

Merry Christmas (if you celebrate) and a Happy New Year to y'all.


Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.

To learn how to trade and understand the market a little bit you need a few years, and digital currencies are still very little studied and it is not clear how they can behave

Yes, with trading capital is a must. When we put investment surely we expect good return out of the same. So, the risk will be found with it. To face the risk all that necessary is the trading tactics to buy low and sell high. We're supposed to make the way, for the same lot efforts in terms of observations about the market is a must to succeed.

The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price

You can't be learn and you can't be successful if you'll never have to risk and experience losses. Losing is a part of our trading journey, is just like a competition or a game, there will win and loss. But we took those failures as a strength and learn those things a lot, so every mistakes will have done will surely be address and not to happen again(into minimal).