What do I have to learn in trading? - page 19.

PX-Z

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Quote from: Nikkolodeon on January 08, 2018, 09:22:14 AM

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

If you want to hear some good advices and tips from a good traders, you can check it out into this thread https://bitcointalksearch.org/topic/characteristic-of-trader-2842850 , there are some tips and characteristics that newbies need to learn before to start in crypto trading. Hope it helps you a lot in your trading journey.

rhodelmabanal

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You should know that price is changing, everything you will know on trading will cause you worry, you need to settle it down and feel it to overcome. You should know when to hold and sell coins. Be sure to have plans in the future for in case of crashing the coin value and analysis in coin product and be active and observant.

e19293001

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Quote from: ngavanngo22 on February 07, 2018, 06:13:07 PM

Quote from: Hannahanto on February 07, 2018, 06:10:31 PM

Quote from: JesusCryptos on February 07, 2018, 05:04:33 PM

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

Yah try start trading from small capital investing in coins with promising growth. Get into coimarketcap.com. Spend time every day here at this site analyzing every coin's growth trend. Split your investment categorizing the coins from cheaper rates to costly ones. Separate coins for long term and short term investments. Start with minimum. You know when to buy and when to sell.

Beside I think new traders can get help from trading signal group or trading tool like Gunbot as well. It make trading seem much easier for new trader cause they know the good price to buy and sell. But there are a lot of trading signal groups but not all of them are good moreover Gunbot price is a little bit high but it's really good

)

Don't trust those trading signal groups. Usually the coin has
already pumped after they announced that it is going to pump. So,
check before doing something. Though, I found the news that they
sharing are sometimes helpful.

ngavanngo22

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Quote from: Hannahanto on February 07, 2018, 06:10:31 PM

Quote from: JesusCryptos on February 07, 2018, 05:04:33 PM

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

Yah try start trading from small capital investing in coins with promising growth. Get into coimarketcap.com. Spend time every day here at this site analyzing every coin's growth trend. Split your investment categorizing the coins from cheaper rates to costly ones. Separate coins for long term and short term investments. Start with minimum. You know when to buy and when to sell.

Beside I think new traders can get help from trading signal group or trading tool like Gunbot as well. It make trading seem much easier for new trader cause they know the good price to buy and sell. But there are a lot of trading signal groups but not all of them are good moreover Gunbot price is a little bit high but it's really good

)

Hannahanto

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Quote from: JesusCryptos on February 07, 2018, 05:04:33 PM

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

Yah try start trading from small capital investing in coins with promising growth. Get into coimarketcap.com. Spend time every day here at this site analyzing every coin's growth trend. Split your investment categorizing the coins from cheaper rates to costly ones. Separate coins for long term and short term investments. Start with minimum. You know when to buy and when to sell.

Intersan

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Quote from: --DarkSecrets-- on February 07, 2018, 05:13:00 PM

Quote from: JesusCryptos on February 07, 2018, 05:04:33 PM

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

Youtube is very useful to learn as bitcoin trader but on the otherhand, this forum will introduce to you how is bitcoin being used, what do traders really encounter with this and so on. I suggest that you read here because conversations here have been truthfully experienced by the traders.
You also need patience and will by the way.

True, patience is needed in trading here and if you will be reading about the experiences of traders here, you will find out that patience is a key to become a successful trader. If you are just starting, it is very normal to feel like okay and calm but when the market charts and prices starts playing with you, your calmness will easily be taken away from you. If you have patience you can avoid selling at bad prices like what most of the traders have experienced in here (including me).

I have tried watching videos and reading on the web about trading but real experiences beats documentation. Try to be persevere in reading and then relate it to your own experiences, in that way you will be able to understand how it happens more deeply.

Quote from: di.ako.toh on February 07, 2018, 05:55:31 AM

I think what is trading requires is enough patience and crtical thinking to be very strategic when doing trading. Proper study of market movement can have more profitable result of trading. Because in trading, may result to gain or loss, so be wise enough.

Strategies can be developed of formed after fruitful reading. Traders need to know what a market chart is and more especially understand it but I don't think that proper study is needed, chart is a good visual tool already. It will be best if you will find someone who have been in trading before so if there is something you can't understand, you can ask him personally.

icecream sandwich

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Quote from: Nikkolodeon on January 08, 2018, 09:22:14 AM

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Experience is the one that can help you to learn how to trade because it is the right way to gain knowledge because it is actual so you can really know what to do. And it is also an advantage if you have friends that are great on trading or long enough in this business because you can ask for help in them. Really actual face to face questions so he can really teach you on how to start but for me it is more fun to explore things on your own.

greenrupee

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Would anybody be interested in hosting a webinar going through the most common questions for beginners, an intro to crypto trading type of webinar?

I am planning on hosting one in any case to share my experiences and answer some questions and then upload the recording to youtube, if anyone has a question they'd want to submit or participate please let me know

--DarkSecrets--

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Quote from: JesusCryptos on February 07, 2018, 05:04:33 PM

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

Youtube is very useful to learn as bitcoin trader but on the otherhand, this forum will introduce to you how is bitcoin being used, what do traders really encounter with this and so on. I suggest that you read here because conversations here have been truthfully experienced by the traders.
You also need patience and will by the way.

JesusCryptos

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There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

greenrupee

newbie

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Main things in trading are:

1) Trading discipline and psychology - formulating a trading plan and sticking to it - i.e stopping out when you get stopped out, taking profit at your targets.

2) Fundamental Analysis - you need to understand the market dynamics in terms of what drives market sentiment and the overall value behind the currency

3) Technical Analysis - it's necessary as most day traders will trade on technicals and they become a self fulfilling prophecy.

If you have any more questions on these topics just let me know

sheenshane

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Quote from: Nikkolodeon on January 08, 2018, 09:22:14 AM

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Choose the best exchange site that having a high volume exchange and good to trade. After that choose those coins also having high volatile rate it is also a nice idea for trading, analysed very well the coins that had you chose or those coins that having a strong fundamental structures. Lastly is always monitor the price chart in the marketcap so would you know which coins much better to choose.

Always remember that trader is very risky one fault decision you may lose a lot amount of money. So much better you trade for long term holding lower risk than short term but at least you know how to managed your time in trading.

Golftech

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Quote from: trickyriky on February 07, 2018, 04:45:03 AM

Quote from: Nikkolodeon on January 08, 2018, 09:22:14 AM

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Please start with self-education. The more stuff you will learn about the market and crypto, the more success you will have in trading.

A simple answer that really worth to follow, self education together with dedication aiming to learn a lot about this industry would be the great start before you begin with your journey, invest more of your time researching about crypto industry and find those things that is really relevant to the system after while it will be an automatic signal to you when to buy and when to sell if you have those knowledge.

di.ako.toh

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I think what is trading requires is enough patience and crtical thinking to be very strategic when doing trading. Proper study of market movement can have more profitable result of trading. Because in trading, may result to gain or loss, so be wise enough.

shezu007

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The best option for you is to start some of your trading and try to make contacts with some big traders and getting ideas from them while taking any step so through this way you will get practical experience with addition with that you need to build some patience quality while also try to keep your moral high in strict situations. These condition and steps will make you perfect trader.

haroldtee

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Quote from: nz_sana on February 07, 2018, 01:43:55 AM

Quote from: coinscircle on January 30, 2018, 04:26:52 AM

Quote from: Nikkolodeon on January 08, 2018, 09:22:14 AM

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

I think that in order to be able to trade well you need to ask a lot if you do not want to fail and lose money. You need to follow experienced people who will teach you how to analyze and analyze techniques. They also show you the technical terms and show you their experiences, plus you can learn the psychology lessons of the trade so that you can calmly handle the situation.
Good luck

According to your advice trading life can give me the right decision. But to be a professional trader, do I have to do nay course? Such as money management and the medium of online learning is the trusted web site.

Money management, risk management, those are some normal thing to learn to be a successful trader and stuffs you even need to learn to succeed in real life but on how to trade itself, there is so much to learn.

Sure, the basis of trading is buy low, sell high which obviously everyone knows. However, some people usually take it in the literal term, register on an exchange, hit the market and think they can just buy anywhere and sell anywhere until they mess up their whole funds. The essence of learning is to be able to use some tools and indicators at your disposal to do some analysis, know when it is safe to buy, when to get out, and when to stop loss in a market.

Google up bro! search 'trading technical analysis' and you will see a lot to learn. Make sure not to rush, take notes, find what suits your style, learn all you need to and you will be making good calls, with the chart being at your beck and call always.

trickyriky

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Quote from: Nikkolodeon on January 08, 2018, 09:22:14 AM

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Please start with self-education. The more stuff you will learn about the market and crypto, the more success you will have in trading.

amzad

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We all know that we go to China in good trade for auction. But forex is such a thing that you will not have to go to China country at least to learn. If you want to sit at home, you can become a Forex Master. But it requires patience and patience for some time. Now in the era of the internet you can learn more about this online from millions of tutorials, ebooks, blogs, forums etc. There are also demo trading facilities of Forex Brokers. By applying that you will be able to swallow your talents.

nodelover

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you should have research about bitcoin, learn the analytics of it, learn the range between high and low, you should be observable because if you made a mistake maybe you will be disappointed because trading is risky, you should know that, you need to have a patient and be smart in what you are doing it trading, don't buy when bitcoin is high.

Saichoukyushin

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Make it simple learn altcoins read every altcoins that have a great idea towards future or finds some good ideas gathered from crypto enthusiasts peoples they are many. Almost all what you need is here and watch from the internet.

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