Topic: What are the basics of trading? - page 14. (Read 1852 times)
What are the basics of trading? To my knowledge basic trading is capital, science, experience and ways to trading, where if we do not have capital we can not trade and if we do not have trading experience we also can not do it, therefore if we want to trade we must meticulously see the prices on the market.
don't panic when prices come down, in fact, it is one of the main reasons that must be kept in mind so as not to lose out in investing. Moreover, do not forget to buy cheap and sell expensive.
First ask a question: if u win a lot of money from the market, where is the winning money come from??
The answer: from others. In fact, someone's winning money is someone's lost money. The trading do not create wealth but 'steal' money from others!!!
Buying dip in the bloodying, selling dip in the flying.
The answer: from others. In fact, someone's winning money is someone's lost money. The trading do not create wealth but 'steal' money from others!!!
Buying dip in the bloodying, selling dip in the flying.
This is kinda useful and straight forward though we all know that winning money comes from those who lost but it all come from you as a winner who has taken the risk.
The basic is by starting to read first before going into any investment know the why how and when? This would help you a lot to avoid risk somehow.
If people are serious about learning TA and how to trade, I know of a trader that offers a training course with 1on1 attention. He will teach you the ins and outs of technical analysis and how to be a successful trader. He used to trade stocks before making his million in crypto and is now “retired” with turning his full attention to crypto. The problem with trying to learn TA on your own is that it is hard to get questions answered or get feedback on your TA attempts. The 1on1 sessions that this guy offers is meant to overcome that and tailor the lessons to your level. I know that it has helped me a lot.
More important than his knowledge, he will give you his customized trading indicators and trading bot that makes swing trading simple. The combination of the knowledge and the tools (indicators/bot) makes it pretty easy to make money in trading (tools can also be used for stocks if that is your thing). You will get to a point where you can pretty much set the bot with the customized indicators on auto and swing trade all day. Depending on how much your capital is you’ll make back the cost of this in no time.
Let me know if anyone is interested or wants some more information about this!
More important than his knowledge, he will give you his customized trading indicators and trading bot that makes swing trading simple. The combination of the knowledge and the tools (indicators/bot) makes it pretty easy to make money in trading (tools can also be used for stocks if that is your thing). You will get to a point where you can pretty much set the bot with the customized indicators on auto and swing trade all day. Depending on how much your capital is you’ll make back the cost of this in no time.
Let me know if anyone is interested or wants some more information about this!
First ask a question: if u win a lot of money from the market, where is the winning money come from??
The answer: from others. In fact, someone's winning money is someone's lost money. The trading do not create wealth but 'steal' money from others!!!
Buying dip in the bloodying, selling dip in the flying.
The answer: from others. In fact, someone's winning money is someone's lost money. The trading do not create wealth but 'steal' money from others!!!
Buying dip in the bloodying, selling dip in the flying.
Learning trading in the cryptoworld is a slow and gradual process. My first hand experience is having a problem on how to deposit my token in the exchange. I started airdrop to have tokens in my wallet but later found out that I need eth to make a transaction. I never wanted to ask ETH from my friends neither I wanted to use my own money to buy. I surf online to find legal means to have ETH...mine, join eth airdrops until finally I was able to have .002 ETH in my wallet. I know it takes patience and dedication but I am now able to deposit a token and make a trading transaction. First hand experience is truly satisfying when I can now withdraw money from my local wallet. I now understand why there is a jumpstart error that eats my .001 ETH in the form of gwei and how I can hasten the completion of my transaction to prevent such error. Currently, I am trying to learn trading in ICO through its token sale and at the same time gathering information on how I can protect my amassed wealth through successful investment in ICO's. BASICALLY TRADING IS LEARNING SLOWLY BUT SURELY WITH DEDICATION AND PERSEVERANCE TO ACHIEVE MASTERY.
Basically first things first before jumping to trading is to read, read and read about how trading goes especially if you have no knowledge on it. Try to understand then ask to people who are experienced well after that try to understand again. Finally try to experience it yourself but make sure the amount you will going to trade is the amount you can handle to lose. It is still a risk-taking decision.
It will be very difficult for beginners. You need to learn a lot. from others. from social networks. and synthesize their knowledge. You need to find out carefully to avoid losing too much money from the trade. You should remember one thing that, nothing easy success if you constantly try
It seems to me that there is no need to go to other social networks and analyze information. The fact is that it's enough that the resources that exist on the bitcointalk. At this forum, many traders have already grown. And they studied. They are here.
If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
Better start on babypips.com since this site is the most helpful informations when you are completely or zero knowledge with trading. Terms and definitions would be also available into that site which sooner or later it would be applied into your trading career but to be more effective after reading it up better to go gain some experience of it by putting up small amounts and wont risking too much.If you do seek out some trading informations like experiences and possible guides and techniques then you can find it here on this forum.
Buy low, Sell high
It will be very difficult for beginners. You need to learn a lot. from others. from social networks. and synthesize their knowledge. You need to find out carefully to avoid losing too much money from the trade. You should remember one thing that, nothing easy success if you constantly try
It seems to me that there is no need to go to other social networks and analyze information. The fact is that it's enough that the resources that exist on the bitcointalk. At this forum, many traders have already grown. And they studied. They are here. 
If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
There are lots of youtube videos, some of which are pretty useful. There are some online trading courses as well, but you have to pay for them and I would not advice getting into that kind of stuff. Moreover, you must understand that nothing can guarantee you success and so you have to take initially the money you are willing to lose.In a single explanation, it is not possible for us to explain in details, in this forum you can find whole material on the basis of trading. Many people will suggest one thing buy them low and sell them when it is at high.
That's true, but I would not believe so much the advice here. I did once and invested in adx, because people were saying it's going to rise within a week. I had to sell it when the price was 40% off afterwards.
Start small and learn all you can. Crypto trading should really be done with money you can afford to loose or at least stuck for months. I would anyway split a portfolio in two. 50% on cryptos you hodl cold for the long term appreciation after some thorough analysis/selection and that you can use as a benchmark. Then you can trade with the remaining 50%.
Check regularly which basket is performing the most (and you might be surprised). If the first basket is doing better than the second one then you should really ask yourself what to change in your trading behavior and may be if it is even making sense to trade (I am still asking myself from time to time). Cryto trading is really requiring constant care and it is very time consuming.
Last make sure you choose a reliable marketplace with low fees and high volumes ...
Check regularly which basket is performing the most (and you might be surprised). If the first basket is doing better than the second one then you should really ask yourself what to change in your trading behavior and may be if it is even making sense to trade (I am still asking myself from time to time). Cryto trading is really requiring constant care and it is very time consuming.
Last make sure you choose a reliable marketplace with low fees and high volumes ...
It will be very difficult for beginners. You need to learn a lot. from others. from social networks. and synthesize their knowledge. You need to find out carefully to avoid losing too much money from the trade. You should remember one thing that, nothing easy success if you constantly try
There are lot of videos that could simply explain to you the basics of trading in crypto market (I could share you my sources). If you wish to be good trading in crypto market, I recommend to watch videos from crypto traders rather than the traditional stock traders.
Do research and watch videos about cryptotrading. Their are free trial on trading that you might try and use indicators to help you understand how chart and market goes. Start trading on a litlle amount first and let it try to grow little by little until such time you are familiar on things you need to know.
If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
Better start on babypips.com since this site is the most helpful informations when you are completely or zero knowledge with trading. Terms and definitions would be also available into that site which sooner or later it would be applied into your trading career but to be more effective after reading it up better to go gain some experience of it by putting up small amounts and wont risking too much.If you do seek out some trading informations like experiences and possible guides and techniques then you can find it here on this forum.
Try to study by yourself the basic definition of bitcoin : crypto currency, market, bitcoin wallet, ICO... learn more to read white paper ,roadmap, market analysis on some foreign websites and forums discussing about bitcoins. When you are confident , try to trading bitcoin with a bit money for gain more experience before bump
First thing , I think you must have to get basic knowledge about crypto currency, bitcoin wallet, exchange platforms, currency market,...and study the way of trading in exchange sites. After get some knowledge about bitcoin , try to practice with a small amount of money to gain more experience in reality. Besides you should follow some of good traders on some famous forum to learn the way to analysis skills from them.
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