I suggest newbies invest first in learning about trading and the crypto market in general because knowledge is the main reason why a trader become successful on their journey. And if we think shortcuts will easily make us earn a profit, the answer is NO. But what will happen to us is just to lose our money. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
If you want to make a profit by trading, you must take risks. Trading is not possible without taking risks. Traders who are highly skilled and experienced also take risks. As you said good advice for newbies is definitely try to learn, try to learn as well as try to gain practical experience. Newbies are advised to learn trading here and not rely on others' signals. Relying on others is never self-education and relying on others is like risking money for no reason, so one cannot rely on others.
Topic: Trading tips that helpfull for beginners - page 2. (Read 796 times)
True to say that trading is not easy to do. There are many who don't understand it that way but they conceive it to be very easy to do and they jump in and jump out almost immediately in losses. Fews days or months is not enough to learn trading. In fact, it is almost like a continuous process to learn trading because certain strategy may not be working at some point and you have to reschedule for another strategy to you have to also relearn it. It is a continuous process to learn on trading.
so it is more advisable for beginners before learning more complicated trades, they can start investing first while studying the market and also some trading strategies.To be honest, just studying the theory we read will make it difficult for us to develop. learn and try what we can make with our learning. direct trading experience is also important for us to get. of course it would be better for beginners to try everything with a small nominal. don't be too oriented to big profits at the beginning of trading. because it can make us spend more capital when trading.
I think it would be better if you could end up with a result where you are happy with what you got and you end up trading it however you want to trade with it. That's my personal situation and I like to learn by studying first, and after you study a lot and think you learn it, you start to trade and gain some experience on it, like it becomes a second nature to you. That's how you become a good trader in the end without a doubt.
The First post looks like it was copied from somewhere or other... The OP got banned - shouldn't their posts get locked or something?
I suggest newbies invest first in learning about trading and the crypto market in general because knowledge is the main reason why a trader become successful on their journey. And if we think shortcuts will easily make us earn a profit, the answer is NO. But what will happen to us is just to lose our money. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
If you want to make a profit by trading, you must take risks. Trading is not possible without taking risks. Traders who are highly skilled and experienced also take risks. As you said good advice for newbies is definitely try to learn, try to learn as well as try to gain practical experience. Newbies are advised to learn trading here and not rely on others' signals. Relying on others is never self-education and relying on others is like risking money for no reason, so one cannot rely on others. 
Base on my experience while I'm doing trading as a newbie before, I look for the trading indicator suitable to my trading habit after that I execute and try all of the strategy if it's work good if not better to change, by the way I didn't commit actual trade during my seeking for technical indicators I use the demo trade in trading view while doing a trade so takes a lot of test to make sure if it works.
I'm not fan of trading groups most especially altcoins most likely just hype and scams.
I'm not fan of trading groups most especially altcoins most likely just hype and scams.
So many ways that would help newbies to become good trader as all the necessary learning that they needed are already available online or offline, what they need is to read and understand it.
The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
^Definitely right, there are indeed numerous resources available online and offline that can help newbies become proficient traders and in fact, the key lies not only in accessing this knowledge but also in dedicating time and effort to understand and absorb it thoroughly.The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
But you must be careful of those who are on social media because influencers and traders who spread misleading information about trading being a "get-rich-quick" scheme contribute to false expectations and disappointments.
We should not go to trading if we lack the knowledge to avoid suffering massive losses.
We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
True to say that trading is not easy to do. There are many who don't understand it that way but they conceive it to be very easy to do and they jump in and jump out almost immediately in losses. Fews days or months is not enough to learn trading. In fact, it is almost like a continuous process to learn trading because certain strategy may not be working at some point and you have to reschedule for another strategy to you have to also relearn it. It is a continuous process to learn on trading.
To be honest, just studying the theory we read will make it difficult for us to develop. learn and try what we can make with our learning. direct trading experience is also important for us to get. of course it would be better for beginners to try everything with a small nominal. don't be too oriented to big profits at the beginning of trading. because it can make us spend more capital when trading.
I suggest newbies invest first in learning about trading and the crypto market in general because knowledge is the main reason why a trader become successful on their journey. And if we think shortcuts will easily make us earn a profit, the answer is NO. But what will happen to us is just to lose our money. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
It seems to me that in order to fully understand the crypto market, it takes several cycles to understand how everything works. But besides this, you need to be prepared for the fact that this market is very volatile, especially if we are talking about local movements, while globally we can still identify some kind of repeating scenarios. And in trading, of course, experience is very important, and I believe that the process of obtaining proper experience will take not months, but most likely years, so for beginners it is very difficult to count on any result at first.It was time to correct that mindset and thinking because whether we like it or not, trading isn't for everyone. We can try yeah but having a profit assurance for all who have try, there is nothing. Well, their losing experience would able to teach these people.
I suggest newbies invest first in learning about trading and the crypto market in general because knowledge is the main reason why a trader become successful on their journey. And if we think shortcuts will easily make us earn a profit, the answer is NO. But what will happen to us is just to lose our money. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
It seems to me that in order to fully understand the crypto market, it takes several cycles to understand how everything works. But besides this, you need to be prepared for the fact that this market is very volatile, especially if we are talking about local movements, while globally we can still identify some kind of repeating scenarios. And in trading, of course, experience is very important, and I believe that the process of obtaining proper experience will take not months, but most likely years, so for beginners it is very difficult to count on any result at first. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
True to say that trading is not easy to do. There are many who don't understand it that way but they conceive it to be very easy to do and they jump in and jump out almost immediately in losses. Fews days or months is not enough to learn trading. In fact, it is almost like a continuous process to learn trading because certain strategy may not be working at some point and you have to reschedule for another strategy to you have to also relearn it. It is a continuous process to learn on trading.
I suggest newbies invest first in learning about trading and the crypto market in general because knowledge is the main reason why a trader become successful on their journey. And if we think shortcuts will easily make us earn a profit, the answer is NO. But what will happen to us is just to lose our money. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
Risk Tolerance
Trading Strategy
Fund management
These are the three that would really be that relevant when it comes to trading specially when you are still that a noob. The rest of learning would really be acquired through real trading and experience
because there are things which cant really be learnt up via theories on which you could be able to gain through experience. Tips and tricks? There's none because everyone here on this space
is really just that speculators and traders on which we are on the same boat on where prices cant really be determined or would be able to predict out.
The only thing that you should or must do is into those points above majority but whats written on the OP is really that relevant.Somewhat even if you do know those key points but
actually applying them on the actual situation will really make yourself that able to say that it wont really be that so easy or simple on which means that its definitely be basing up
on the time that you would really having that actual engagement.
Trading Strategy
Fund management
These are the three that would really be that relevant when it comes to trading specially when you are still that a noob. The rest of learning would really be acquired through real trading and experience
because there are things which cant really be learnt up via theories on which you could be able to gain through experience. Tips and tricks? There's none because everyone here on this space
is really just that speculators and traders on which we are on the same boat on where prices cant really be determined or would be able to predict out.
The only thing that you should or must do is into those points above majority but whats written on the OP is really that relevant.Somewhat even if you do know those key points but
actually applying them on the actual situation will really make yourself that able to say that it wont really be that so easy or simple on which means that its definitely be basing up
on the time that you would really having that actual engagement.
~~
Some traders are only interested to make profit but they don't bother about the other aspect of trade and that is true. A newbie trader need to understand the market before increasing there risk appetite and most don't understand the ratio of risk required for their account size but they just want to increase the profit level without proportional understanding of the risk to their account. In fact to build your small account gradually help to grow the courage, expertise and confidence level.
That’s certainly the reason why most beginners are not advised to engage in trading because they don’t even know how to start trading at a small amount. They often think that if they trade with small capital, the profits will not be worth the risk. But the reality is, all beginners should start trading at a smaller amount so that the risk of losing will be somehow manageable. Otherwise, if they conclude trading at a huge amount, the chances to lose is very high so once they trade and lose, they might find it hard to recover their losses and might not be capable of trading once again.
Some traders are only interested to make profit but they don't bother about the other aspect of trade and that is true. A newbie trader need to understand the market before increasing there risk appetite and most don't understand the ratio of risk required for their account size but they just want to increase the profit level without proportional understanding of the risk to their account. In fact to build your small account gradually help to grow the courage, expertise and confidence level.
We've all been beginners and most of us have also had the wrong mindset in the beginning with the wrong thought that trading could help us make lots of money without considering the risks.
We've all learned from our mistakes and same thing could happen to new beginners these days but they're actually luckier as they could find a lot of good resources to learn and warnings and advices from trading professionals as well.
Newbies only need to be skeptical and wise and not just risk takers without even knowing what they're really doing. They have to be mindful of their actions before deciding what to trade.
That’s certainly the reason why most beginners are not advised to engage in trading because they don’t even know how to start trading at a small amount. They often think that if they trade with small capital, the profits will not be worth the risk. But the reality is, all beginners should start trading at a smaller amount so that the risk of losing will be somehow manageable. Otherwise, if they conclude trading at a huge amount, the chances to lose is very high so once they trade and lose, they might find it hard to recover their losses and might not be capable of trading once again.
Some traders are only interested to make profit but they don't bother about the other aspect of trade and that is true. A newbie trader need to understand the market before increasing there risk appetite and most don't understand the ratio of risk required for their account size but they just want to increase the profit level without proportional understanding of the risk to their account. In fact to build your small account gradually help to grow the courage, expertise and confidence level.
So many ways that would help newbies to become good trader as all the necessary learning that they needed are already available online or offline, what they need is to read and understand it.
The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
^Definitely right, there are indeed numerous resources available online and offline that can help newbies become proficient traders and in fact, the key lies not only in accessing this knowledge but also in dedicating time and effort to understand and absorb it thoroughly.The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
But you must be careful of those who are on social media because influencers and traders who spread misleading information about trading being a "get-rich-quick" scheme contribute to false expectations and disappointments.
We should not go to trading if we lack the knowledge to avoid suffering massive losses.
So many ways that would help newbies to become good trader as all the necessary learning that they needed are already available online or offline, what they need is to read and understand it.
The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
Been trying to learn the proper way on trading, thou i have an idea how the flow of it. And yes, the demo really helps a lot, it helps me to adjust with so many numbers and graph you can see in the screen. Trading is a bit scary to the newbie, but with the help of proper guidance and gaining more useful knowledge, we can do it at ease.
Beginners might be overwhelm by the data they are seeing in the tracker and if you are not emotionally prepared then it will be hard for you. Just take this slowly but surely and understand that in trading its all about your strategy, analysis and you timing that matters. Every beginners have their own difficulties and only few are able to survive until they become a good trader. There’s a lot of tips available online, and source to learn more just keep on going and try everything so you can learn more, demo account is a big help just try to be more wise on choosing a platform for this. 
That’s certainly the reason why most beginners are not advised to engage in trading because they don’t even know how to start trading at a small amount. They often think that if they trade with small capital, the profits will not be worth the risk. But the reality is, all beginners should start trading at a smaller amount so that the risk of losing will be somehow manageable. Otherwise, if they conclude trading at a huge amount, the chances to lose is very high so once they trade and lose, they might find it hard to recover their losses and might not be capable of trading once again.
That is a very common problem with newbies traders, they want to win and they want their wins to be big and fast, and while there is nothing wrong with those desires, as who would not like for their trades to go their way, it is an unrealistic goal taking into account their level of skill, so they should start slow and use a very small amount of money on their trades so they can learn all what they can while minimizing their losses, but as you may guess those newbies do not really do this and they have to learn the hard way why trading is one of the most difficult ways to make money that exist. 
The problem with some beginner traders is that they usually think that trading at a bigger capital will also gain higher amount of returns. That is a wrong mindset since you can’t expect that trading will certainly be profitable in the end. The reality is, the bigger money you trade, the bigger amount of losses will be. Unless if you become a professional trader, you can always increase the size of your trades.
The beginners who think it will be effectively using bigger money, probably they don't learn enough about crypto trading. If they learn properly, they must understand that it is better to use small money first. Every beginner must focus on learning, know first how to trade in a proper way. But for the beginners who don't really care about learning, they can be greedy because they are too obsessed with big profits. They may not realize about the risks in trading, they only think about the potential profits.Jump to: