Topic: What do I have to learn in trading? - page 5. (Read 2250 times)
You need to reporogram your mind and change your mindset. Technical analysis can be learned relatively easy, it's the mind stuff that makes a trader exceptional. You need to be disciplined and patient..this is where most traders fail.
First things first and you are the one in charge of your success in cryptocurrency maket so you need to stay patient, learn more, and analyze the market to start getting some good profit without loss.
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?
when you first jump in the world of trading in my opinion you should learn what causes the bitcoin price to move after that you also learn what the name of every moment that exists because when you master and have your trading skills can be very easy to get profit.
I think you need to study and learn a lot. The crypto market is very difficult to predict and fluctuate constantly, it will be difficult for a novice like you. But don't worry, learn experience and market analysis skills, refer to the trade literature in internet and some sites about altcoins. You are a newcomer, so it's hard to avoid mistakes that lead to losses, but you don't give up, if you find out your mistake and fix it, it will be better. And in particular, need to build strategy and not trade by emotion, it is very dangerous
I truly agree! It is necessary to gain as much knowledge as you can by doing research, seeking help and advise from professionals in the field, and be emotionally stable for the challenges that may be encountered. Embrace the fact that risks and losses are part of the game, focus on your goals, learn from failures, be positive, and keep calm.
in trading you need to know is you must know when the right time to buy and sell, be careful in taking decisions so you can get a profit, control your emotions and most important is patience
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?
No, as a newbie, you must experiences some mistake in trading. otherwise, you cannot avoid it later.
to learn about trading in crypto, you must practice it. remember practice makes perfect.
You will know when is the good time to buy and sell if you doing lot of trading.
First you try to expand your skills through demo trading and if you can really show a profit in the demo, then you have to put a very small number of coins so you can really lose and then from there you are good to go. Another thing you need to do is be able to control your emotions during bad positions. Such things are the same in all markets and there are many forex lessons on the internet that can help in this regard. can analyze coins and start trading.
there are a lot to learn in trading. the finance thought in school won't give you close to what you need to know in trading. to start with, you need to learn about the trader psychology. read books about successful traders. start small with what you can afford to do away with then grow as you have a better knowledge of the trade and deep understand of the market trend and value. you need to keep an open mindset that you will never always be right completely. attach yourself to a mentor to guide you
It is not that complicated and time consuming to go through the training with the help of youtube vidoes or even training platforms before starting to actually work with cryptocurrencies and take risks right away.
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 successfully you need to learn a lot and need some time to practice the skills in trading. You can see that the market is fluctuating continuously and it is hard to kick because it is so difficult to trade at this time, the price of bitcoin is adjusting continuously and there is no trend. can So I think you should not join the market at this time. 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?
when you first jump in the world of trading in my opinion you should learn what causes the bitcoin price to move after that you also learn what the name of every moment that exists because when you master and have your trading skills can be very easy to get profit.
I think you need to study and learn a lot. The crypto market is very difficult to predict and fluctuate constantly, it will be difficult for a novice like you. But don't worry, learn experience and market analysis skills, refer to the trade literature in internet and some sites about altcoins. You are a newcomer, so it's hard to avoid mistakes that lead to losses, but you don't give up, if you find out your mistake and fix it, it will be better. And in particular, need to build strategy and not trade by emotion, it is very dangerous
The key is the spirit. You must be passionate about doing anything. include trade, because trading there is time to get bored and saturated.
Learn the science of trading, then apply the theory if the value of the coin price goes down then you should buy the coin and hold it until the value of the coin price goes up.
If the price of a coin has gone up then you can sell it for a profit.
Learn the science of trading, then apply the theory if the value of the coin price goes down then you should buy the coin and hold it until the value of the coin price goes up.
If the price of a coin has gone up then you can sell it for a profit.
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?
No, as a newbie, you must experiences some mistake in trading. otherwise, you cannot avoid it later.
to learn about trading in crypto, you must practice it. remember practice makes perfect.
You will know when is the good time to buy and sell if you doing lot of trading.
You will start from the very basic. I suggest you learn about the nature of bitcoin first especially about its fundamental, what it is and how it works. After that you can step on learning the chart. Remember chart is your best friend. You have to really understand it especially its pattern. If you have mastered it you can find strategies that suit you at your convenient. As beginner maybe you will make more losses than profit but don't give up. Always cope your emotion to avoid panic selling.
For trading :
Firstly you need to learn how to read the chart then learn technical analisys. Choose the right exchanger ( safer and less fees is better ) you also need to learn the market behavior ( each coin is different ). Learn reading bitcoin and ethereum movement first. Calculate support and resistence is also impotant thing in crypto and forex.
Firstly you need to learn how to read the chart then learn technical analisys. Choose the right exchanger ( safer and less fees is better ) you also need to learn the market behavior ( each coin is different ). Learn reading bitcoin and ethereum movement first. Calculate support and resistence is also impotant thing in crypto and forex.
Mindset is the most important and hardest thing to learn in trading. Technical analysis and perfect grasp of the market can be learned by pretty much anyone given enough time, but emotional control and patience is where most traders fail.
Technicals need to be co-op with the good emotions, so how to control your emotional is really important because if there is any false, you'll have to pay for it even how much you're good at the analysis technicals. 
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?
Learn first the basic techniques before you enter in trading. Trading is not an easy thing that you can do it right away. Read more and learn more.
Right - you need a lot of knowledge that surely, comes with the experience but you can always get it when you read about this business and watch good videos like this one: https://www.youtube.com/watch?v=DqV-SxDMg_4&t=2s
Mindset is the most important and hardest thing to learn in trading. Technical analysis and perfect grasp of the market can be learned by pretty much anyone given enough time, but emotional control and patience is where most traders fail.
Trading is a risky sphere which requires both knowledge and skills. You need to learn from experts who have a rich experience. How to do this? At least watching some videos about those who have reached great success when trading
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