Topic: What is the growth path or learning path for traders? (Read 633 times)

Trading is not always easy for many people due to the increased risk involved. Anyone comes to trading to make money, but you will almost certainly lose money since you must learn several tactics and determine which ones work best for you. If you are taking a significant risk in trading, it shows you have comprehended every step and believe in yourself that you will make a profit eventually. Any rookie that comes to trading fresh is extremely necessary for you to stake with a modest amount and have mentors that will be leading you through and he should not look at people's achievements.

he should focus on and stop looking people on. he can causes lose because you will be thinking you will stake higher so that you will win big profit and you don't know how many years they are on the trading before they become wealth on it. Someone who has recently started trading is hoping to make a large profit. He will undoubtedly be a difficult procedure because you will need to thoroughly research the market and gain the necessary expertise and experience to lead you through it. And if you are losing too much money in trading, it is best to remain calm and stop trading and go make an investment because not everyone can win in trading. Because some are greedy and lack patience.

There's no trick in trading but rather it do pertains about pure skill on which this is something that you wont really be able to learn in a short period of time on which it will really be just that right that you should be having that realistic approach at least towards on learning this specific skills. Career path is something that wont be too easy and it will be involved tons of time and effort before you will be able to have a good grasps into it. Growth will be basing up on how you will be able to find yourself into this career because if you are that serious on learning up this skill then you will definitely be needing to adjust accordingly and this path isnt something that easy to take. There would be tons of challenges and hardship that you will be able to encounter along the way and if you arent that good when it comes to this manner then you wont be able to survive. This market is volatile and make it sure that you do make yourself wary at least on what kind of market that you are dealing into so that on the moment that you do experience some loses then you can just easily move on, but of course its not something that you wont be having some reactions since we are just humans on which its normal that we do get pissed on the time that we do suffer up some loses on which this one is really that indeed normal into this aspect. There are really  those times that people do become confident and thats why they are bound to suffer tons of errors and mistakes due into this kind of behavior.

This simply means, most of our trading strategy today often rolls down on experience. First, you get to learn the skill, exemplify it several times and when you’re comfortable with it, that’s you begetting from the experience in using a strategy which you have built over time. It becomes unique to you and your learn to perfect it over time by repeating and redoing that strategy over and over again, even having to improve on it based on what the market is bringing. Best to know, one strategy never works every time.

The moment you know how to manage your risk then half of the problems is solved because that is one of the strongest challenges that traders face they always want to take excess profits and like thay they will increase the amount of risk they can digest and all this is not other than greed they always want to make money quick and you can not over do things when it comes to trading, because even in trading there is maturity when you we learn to do the right thing then everything will look a little better than just doing your thing without considering the fact that you have to grow.

Those that are trading blindly should continue people that when they don't make money they start blaming trading that it's not good for them, that is when you even see some of them doing revenge trading but we all learn everyday so there is no way that you won't make mistakes but majority can be avoided it is better things like this revenge trading and trading with emotion. With experience comes knowledge and with knowledge some things can also be avoided easily.

There are several factors that are critical, the first one is to not accept anything that you read at face value, there are an almost unlimited amount of systems out there when it comes to profit from the markets, and the only way to make sure the one you are using works is to test it, so take pen and paper and paper trade that strategy and if it does not work then you need to discard it, another factor that is often disregarded is your own state of mind, since it does not matter how effective your strategy could be, if you get cold feet and you do not use it when you have to.

Talking about theory, we can learn it in a very short time, but as you said, the implementation is what is difficult. We will find many differences and sometimes we think that there is nothing in theory at all. In addition, the mentality will also be very different.
When learning theory, we will not need a mentality, because we only read books or we only listen to mentors (if we have a mentor). However, when we jump directly into the market, our mentality will work because we bring real money to trade, which can be lost and can be profitable.
In my opinion, mentality is more difficult, because it will work within us and it will also affect emotions, while in trading we must be able to maintain our emotions.

Strategy can indeed be learned in a short time. But in its application, we will need time to finally be comfortable enough to trade. Trading cannot be learned overnight. There are several factors where the experience of trading that we have done ultimately becomes the most important in our next trading activities.
You are right; trading is unique. We can follow the procedures that we may have learned well. But the market situation forces us to adapt to some developments made by the traders themselves.

It would take time to learn skills and tricks in trading. Let us put it this way, it is not an overnight task to begin with. Every trade is unique, and from there, you will gain new insights that can equip you to execute the next trade.
I believe most of us started from scratch when it comes to crypto trading. So below are my learnings when it comes to crypto trading
> don't be scared to deposit on any trading (but as much as possible select the reputable ones) platform  - but deposit small and test if it will go thru, remember, for starters  - just by copying the address will give you paranoia
> use small funds to start with your trade, as much as possible, use the min amount to start a trade
> at least search for the alt that you are trading with
> if you are using DEX, check the gas fees and other fees involved, sometimes the fees are quite expensive and it is not worth executing the trade

The growth path of trading is to know how to manage the risk and the learning path of trading is to understand the things that you learn about Trading. To achieve success in trading, it's crucial to master two key aspects: risk management and knowledge application. Effective risk management enables traders to navigate market uncertainties, while understanding and applying trading knowledge empowers them to make informed decisions. Ultimately, trading success hinges on the trader's ability to balance risk management with the practical application of their skills and knowledge.

Experience would be the best teacher and we do all know that but surprisingly there are people who cant be able to understand the basics on which this do really ends up for them to have that kind of emotion on stopping up because they cant be able to sustain or bare out on the loses that they are making at the time that they do really have experienced the worst side of trading on which is to lose money. You are really that bound to lose money because market is unpredictable and there's no way that you could be able to avoid that no matter how experienced you are or having that kind of exposure towards this market. There's no assurance on this aspect but once you do gain up experience then you would be having the idea.

Learning path will come along if you do really know on what you are doing. There are really those individuals who will really be that just expecting that everything will really be just that alright and there are individuals who are really that persevere into the things that they are really that dealing into. If you dont really like to deal up with trading then you will really be just that easily quit and if you dont like to have that kind of experience because they are expecting something else or something positive on which this is really that very wrong.

Use Golden Ratio Trading Strategy.


This have 3

1) Enter at the break below the bottom of the Bollinger Bands.

2) Enter only when the candle forms a tail.

3) Enter when the chart wave retraces to 0.236.

4) Enter when there is a divergence.
* The probability of trend reversal increases when divergence is formed.

1) BB breakout, 2) divergence, 3) candle tail, 4) 0.236 retracement, etc.
The algorithm is designed to enter when these signals appear simultaneously.



In fact, I've used this strategy in my own trading and it's been very profitable.

Yeah right, it's your experience that will teach you how to adjust and move forward in case that you experience some loses, there's no assurance that you can keep winning as there's days or time that you'll failed to anticipate the next market movement especially inside crypto there are unexpected fluctuations that may take place without you anticipating your position.

Plus, there  are greed and fear that also affects your decision making when you are actively doing your trade sessions. 

One big downside with books is that not everything is that great when it comes to staying relevant for a long time. Sure there are some books about politics that was written during roman empire time that is still true today, aurelius or cicero wrote awesome stuff about politics that you can use even today, because politics is politics and there aren't really that much of a change on the long run, it's something we can always deal with and need to learn more about as well.

I believe that we are going to have some issues on the long run if we look at crypto trading related books though, because that is not something that can stay relevant and true for that long, not even for a full decade, it would be a totally different result after a few years.

No one can offer you the most solution to this as, we barely have any trader on the forum that is consistent in making profit. Everyone here still takes those losses if not everyday, once a while.
The most lesson I’ve had to learn in trading are the ones I taught myself, not from books but, lessons learnt the hard way from the charts while trading the market. Your going to make mistakes, your going to let emotions derail you a couple of times but each time these happens, you learn to recognize what was it you did wrong and correct it in the next:

Books might only give us an insight but the experience can still change when we are on the real scene already, especially for something that is unstable like the crypto market. By being aware of it, it can automatically tell us that a stable profit seems kinda hard to achieve. A regular profit is still possible though, same goes with winning in the long term but that is if we already grasp things. He said he read 'some' books, so that can mean that he already explored other areas but it may not be enough yet or he still miss the other, so he will need to keep on moving.

It is rug pull, not pool. And the ones that are affected the most here are the investors because traders can just trade the foreign/new alts quickly and replace it with the other once they are done.

Trading must start with careful planning and be supported by the right strategy. All traders want profits, so it is natural that they need to try harder to get them by doing analysis and so on. Trades that are not executed with a strategy may still be profitable, but in most cases, they tend to lose money in the end. They will almost certainly miss so many opportune moments to take profit, even if they don't lose.

It's up to them what pair they want to trade, it's not just bitcoin. As long as the assets being traded can give them a profit, then it doesn't matter in my opinion. As long as they know the risks of trading, they are free to do it according to their own wishes.

And you think that is enough to keep you winning or profiting for long time and regularly? You must expand your reading to other areas of trading, which includes how the price actions reacts, risk Management, and more importantly study the coin you are to trade it's very essential if not for btcusdt then any altcoin should be carefully monitored before entering trade otherwise you could be rugged pool.

It's need a lot of patience and continually studying how the market works, just like what you mentioned better to have that certain limit where you can minimize your loses, you need to continue finding the right patterns and better strategy that will going to fit your attitude towards this venue of investment.

You need to always be open with adjustments and changes which will allow you to compensate in each sessions that you place your investment.

Yes, that is also right because he should search for more information about the market situation and conditions and if necessary, he can also use other people analysis to combining with his analysis to find the right time to enter the market. It is good for a trader when they can gather as much info as they can because that will help and useful for them to find the coin which that can also help him to improve his skill in trading. A trader needs to have a good skill so he can learn from many ways and have many resources so that will gives him more opportunities to improve his skills.

There is no stable advantage in any trade, it's like a business, sometimes a loss sometimes profit and you cannot do it in every day you do trait, like the small example is this week you can get the profit and the previous week more losses are obtained, but you can see the average profit if you accumulate it in a matter of months or year for your trade activities, and you can share it in 12 months later you will be like looking at a stable advantage in each month when you share it to 12 months from the total calculation of the profit obtained in one year.

Things that need to be learned by you techniques and theories, maybe you will master it is quite easier in a matter of months if it is focused but there are things that are difficult to learn to become a good trader, namely learning to control our mentality in the market, and that is the most difficult and requires a lot of experience in the market.

even a professional trader will not always be able to make a profit in trading. maybe you can start accumulating the trades you make weekly or monthly. if you are a day trader, then you will find how you can profit today but lose on another day.
the step that I think is quite important is how you will limit and determine the risk of loss that you can accept in each trade. like you try to minimize losses as much as possible.
so you may later be able to see whether you get consistent profits every period you specify or not.

This is what many traders engage in and the end up calling comparing trading to gambling. They did not do their homework and because they admire a successful crypto trader on the internet they think that they can't become that success who all in a month. When it does not work for them because they followed their guts instead of facts they call it gambling.

As an add on-
Reading
Join a crypto trading community.
Be patient.
Risk management strategy
Diversification

Keep learning new things, because trading in crypto requires you to continue not to stop at one reference. The point is that many things may make you more confused, but try to always start slowly, with minimal capital, and limit the number of coin buyers. You can adjust it with good management. Don't be surprised because trading with volatile assets is not always in stable profit.

Agreed but a trader shouldn't only depend on his analysis because it can be wrong sometimes. One key to success is staying informed and not thinking you can do everything yourself because sometimes it's the information that we received from other traders that can help us to get good outcomes. You can get a recommendation from a fellow trader and after doing some more research on that coin, you can see the potential which you buy and become victorious. A trader that develops into a winner always gete the need to be social and gather information that you'll use for yourself from others. Self improvements as a trader is necessary than always thinking about the profits because there'll be sometimes when you'll lose it because of mistakes and you'll need yourself to be strong to overcome that particular situation.

That's logical when most of them (if not all) miss the two fundamental things for successful trading. Calmness and patience. If you are the type of person who gets stressed when prices go up or down, if you can't wait for the price to go to the levels where you will make a profit and generally lose your sleep from this kind of pressure, no matter what book you read, you will not achieve anything.
Plus, many people think that the trader wins when prices go up or that if the price goes down, they always lose. In other words, they lack the basic knowledge of trading and instead of reading the basics first, they read and deal with very specialized books. That alone can lead to big and permanent losses for inexperienced/ newbie traders.

Hmmm, to be honest, there is no way to become a stable profit trader. Because it has a high volatile nature. When the nature of a thing is based on volatility, it is very difficult to find stability in it. So if someone imagines that stable profit is organized in trading, then it is not so. Trading is the riskiest way of profit. If you misunderstand something even a little bit, then of course you have 100% risk of loss.
 
You have to master things like good skill, right time entry, market dynamics, etc., to make the rest of trading risk less. And finally, let's say that the best thing in trading is to follow the trend. Someone has said that "Trend is your Friend". 
 
So by learning these things, you can stabilize your trading a little bit, but the market has no trust, you should be careful all the time.

Obviously, you, as well as other beginners, will have to lose your deposit more than once before trading becomes profitable. But in trading, there is no rule that after reading, for example, 3 books, you will become an excellent trader. Many people, even after reading 10 books, will never become a profitable trader.

The problem is they can not hold their emotion to buy fast when the price is down because they thinks that the price will reverse to the high price. But that doesn't always happen as we don't know where the price will moves and could only guess so we must be careful and not buy in a large amount. We can try to buy for some amount to test and see what will happen later.

We can not expect to have a stable income from trading because the market situation can change anytime. We can only analyze and find the time to trade so we can have a chance to make a profit. We must aware to control ourselves in trading because when we can profit, our greediness will be bigger and that will tell us to keep trading but we forget to check the market situation. But with analyze the market, our chance to make a profit will be there although to have a stable profit will not be easy.

An active trader will always try to improves his skill because he know that the market situation will always change. If he can not learn more to improves his skill, he will not have a chance to know when to enter the market and make a profit. Traders needs to analyzes before enter the market because that is the key to know the right coin to buy.

When you have a good skill, you will know the right time to enter the market and not just pick random coins. He know the market is unpredicted so that is why he will always learn more about the analysis.

I agree and too don't agree because of this two things. A trader that is always active in the market can't be a stable trader because he can't always win every trade that he's doing but for someone that isn't always trading, for each time that he enters the market, he can come out victorious. This are two trader but they have different time schedule for their trades. The second trader might be someone that has spent time analysing his charts before opening them and this make him to get a good rate of success.

But to be sincere the second trader can't keep up his success because at some point, he'll have to lose because there hasn't been a trader that hasn't lost a trade. The market can't always be in your favour, sometimes it'll have to go against you and it might just be because of something that happened that you didn't have knowledge of.

honestly if a trader can just wait until market dipped so hard only then they'd buy, they can make consistent profit, the problem is, such event doesn't happen too often so that's why people trying to predict and time the market which in result gives them unstable income.
the problem that mainly becomes the culprit of unstable trading profit is always the urge to trade more to get more money and impatient.

i've seen plenty of top tier trader portfolio using copy trade always trade when they see fit, not constrained to how much trade they need to make a day, but finding killer trades that can give so much profit in one go.
I guess that's the key to stable profit.

Learning path for every people will be different so they must know that they must search for the learning that suit for them. Traders need to find what lesson they need from many sources so they can improve their skill better than the other traders. If they have a good effort to learn, they will see that their skill improve and they can trade better. When we know what is goal in trading and learn many things, we will try to reach out that even if that is not fast like other people but we enjoy our time in trading.

Our trading style will be different than other people because we have a different source. We will know what we need to do in trading so we will analyze before we trade. We can be a good trader and not depend on other people to trade because we know that will not work as they want so they will just analyze using their skill.

If you think the knowledge you have is still not enough and keep losing on it is possible you didn't learn from your mistakes and keep doing the same thing without analyzing if this still right or you are doing something wrong upon executing today there's a lot of platforms supporting with the use of paper trading, which you are making a trade with the actual market but with the use of paper money in this you can test it out those trading strategy you've learn and then analyze what is your mistakes and if its suitable with your trading habit. All it takes a lot of patience and failures but once you find it out already gains are just basic so get.

Becoming stable with trading is never been that an easy skill that you can be able to acquire and it does really takes time for you to have a good grasps into it. Learning path is something that you will be doing is just that basing up into your own pacing on which each person will really be that different into this aspect. Be sure that you are really that having a target or goal on trying out to achieve something such as this. On the time that you can be able to sustainable with trading then this is a lifetime skill that could make your survive since you do know on how to make money with the market.

You are the ones who do make out such path and if you do really want to have that kind of getting up some idea on other traders then its not bad to check out their trading experience too and their analysis and methods but it wont be ideal that you will be copying them. You are the ones who do mixed out with those strategies until you do make out such adjustments and formulate the strategy on which you do see yourself that becoming profitable and stick with that.

It's great that you got so much from only 100$
Hopefully, it will be that way in the future too - small things will teach us to do something much, much bigger.
 

I remember few years ago in 2015-2016 when first started more or less serious trading that I have started with less than $100 because I needed to learn first.
If I must be honest almost all of these $100 was lost, but some of the lessons I learned I am still using till today, and not only in trading. Thanks

Starting simple is a great way to ensure you will get something in the end.
PNL is still a PNL, even if it's not that big.
The best thing if it's stable and the strat is applied appropriately, on the needed market.

It is difficult to have a stable profit trader because we know how the market moves. We can only keeps trying to trade and learn so we have more opportunities to get the right coins.

Loss in the real market is usual and normal but we don't have to give up because that is a lesson for us to improves our skills. If you can learn from many lessons, you will see that your opportunities to analyze will be better and that means we can analyze many coins.

You can watch many tutorial videos about trading so you can get something from that. That is another lesson that you will get so that you can improve your trading skill.

I'm trading just as also in life, the expectations that you have set for yourself have to be realistic. Do not overestimate your strengths and downplay your weaknesses. When you set trading goals on when to exit a trade to be profitable, you have to be realistic about it.

The next thing to having realistic expectations is to make sure you have a very simple trading strategy. A simple trading strategy will help you to know how to manage your risks better. If they are complicated, your risk management will not be effective.

Risk Management, Technical Analysis, and Learning from experience.

If you're a beginner in trading, I would always suggest going for small amount first because 90% of first-time traders or even higher are losing their capital in their first try. What's important is you learned from that and from there, that would help you in your future. Stable profit trader is a bit hard, and, in some cases, you might spend some money first.

Learning Technical Analysis for me is one of the important factors when it comes to trading. Most of the successful ones know how to read the charts and make decision based on what the chart is showing to them. Risk management is the top priority to learn if you're starting. Know how much you want to put in your trades.

Reading a book, and watching some videos on YouTube would help you, but learning from your experiences for me is the best teacher.

First step will always be learning the terms, if you can start with learning the terms, you will be able to read stuff better because without learning the terms, you are going to read or watch a lot of things that will use these terms that you do not know. After that, learn the indicators, indicators are very important, people use them a lot while trading, so always learn more about indicators, and try to learn what they mean when it goes up and down.

Then you learn to read the charts, using what you already learned, and you start to learn about pattern recognition, you check previously what happened, and you try to see what would happen now. When you do all of that, you are basically done, sure you need to master a bit more details, but these are the most important stuff.

The best way to make profit in this buull season was to invest and hold untill it gave profit because its bull run and almost every coin if is making lose don't sell unless you are tadinging in futures and you fear the liduidation price. But here it's in spot so no point in selling in lose.

I learned about narratives, hype of the tokens, invetement should be diversifies less diversification means more profit but more diversification means less risk and less profit as well. Traders must have to see a coins for some time and in a specific timefarme, which plays an umportant role to win the trades.

Learning about trading strategies are something practical, not the theories that people learn in schools. There is nothing mastery about trading strategies because as you learn them you use them to trade and not what you can forget. A trader will learn the strategies and choose the ones that is best for him or also create his own strategies from the existing strategies.

With the right mind and much time - everything is possible.
OP, stay strong and crave knowledge first and foremost. Always.

Sounds nice.
Hope to see more from you and others understanding BTC's nature and how it can be used in such a way.
Keep these diamond hands intact.

Making stable profits can be quite challenging to a trader, this is because of how unpredictable the market can be. It is good to be positive about your trades, but as a newbie trader who is still in the learning stage and not too skilled, you should prepare yourself for even the worst days. Skilled and experienced traders encounter losses too, so you should read alot about risks management too because you will need it greatly.

Keep learning and practicing with amounts you can afford to lose until you arrive at a strategy that works best for you. Patience and consistency is the key. Do not lose focus because you desire stable profits so badly.

You've not shown seriousness with your learning yet and I urge you to learn whatever comes your way. The distinction there is that you will be able to filter them rightly when you go practical with them, that's how the best traders start, it will never be a rosy journey. However, I advise that you focus on the Price action and Trendline as your strategies, and also do the right justification to learning and training about the proper management and balance trading psychology.

Well , if you want to believe it or not !

So far, I have trade bitcoin since 2014 and the result always positive ( as we can see, the positive value on the graph )
If you're working, spend about 10% of your salary every month and Keep hold until next 10 or 20 years

You can see PROFIT

With all the currentor available strategies that we do have then it will really be that up to you on how you would really be trying out to discover on which one really works for you. This isnt really just that talking for single kind of strategy but rather it will really be that be a combination of different strategies on which youw ill really be mixing it up on where you could be able to make out your own strategy on which you can make use.
Trading is all about trial and error on which it will really be just that basing up into the actions that you would really be gonna taking. Follow up into the path on which you do seem that you do see up some progress towards into your trading learning curve. Its not bad to look up with others way of learning but also you should really be that trying out to stick with your own and find out for yourself on what are the indicators or analysis on which you can easily handle it out. The thing on here is that you do really know on what you are doing and having the idea on what you've been dealing with so that on the moment that unexpected results or outcomes do happen, then you do already know on what you should gonna do. It will really be tough thing on which just like on what i have said that this would really be that talking about trials and errors when it comes into this aspect because we do know that when it comes to trading then this is something that having tons of variations on which you should make use on which this will really be basing up on different market conditions on which it is really just that right that you do really have this kind of approach. Stick into the things that you are learning and able to absorb those knowledge that you will be able to accumulate along the way.

After learning about the different strategies, it will be an error to try to gain mastery of all.

The most successful traders are not often the traders that know and use all the trading strategies, but can be traders that know all the strategies but have mastery of one or a few that they really use in trading.

@OP, stay consistent with learning and give yourself the time to absorb the knowledge; you will do well.

For being a profitable trader in this crypto space, you must need lots of focus and to be workaholic still you should not expect results within a month but you should extend your learning process for at least 2 years so that you could finally achieve some consistency in profit making from crypto trading.  If you are not ready to invest your 2 years in learning process of crypto trading then you should stop dreaming about becoming a profitable trader in crypto markets. Most people like you are simply assuming that crypto trading is some mathematical formula so that they could follow all the steps then they will make big money but this is not at all that simple thing to follow to be consistent.

Yeah, it is a very long process which includes lots of dedication. This is the reason why most people are failing here and only less than 1% of traders are able to achieve consistent profit making career with crypto markets. Learning here is just very basic thing which means you should practice what you learned in real market; so that you will understand how market works and what you could achieve.

That's why it should be done with a plan in mind.
Because otherwise - things will go south pretty fast.
And you should be ready for the most amount of things that can happen with you during the Bull cycle especially.

Shitcoins are the graveyard of depos and dreams.
If you trade - do it responsibly.
Then profits will be made - small, big, but they will be there eventually.

Losses are unavoidable.
But you can manage them accordingly so that they would be as big as they would be in the end.
So to stay afloat - think about what's up for your depo in the future if you open such a position.

Do not put all your eggs in one basket is an advice to investors and not traders. I do not see it applicable to bitcoin. Some people prefer to risk less and such people may prefer to just hold bitcoin. Also this is about trading and not holding. As a trader, if you like to open a positions with many pairs or you prefer to trade multiple coins at one time, it has disadvantages like using high leverage already but thinking it is not high. But if you like to trade coins at different time, that is good but we should be careful of shit coins.

It is normal to have losses at the beginning, all beginner traders have losses at the beginning because they do not have enough experience.

There are many tips that must be followed at the beginning to avoid losses, the most important thing is not to risk more than a small capital at the beginning to the extent that you can afford to lose, also do not put all your eggs in one basket, this means that you have to diversify and divide the capital into several parts, buying a different coin for each part.

At the beginning, you have to follow the analysis and news to know the market trends and the appropriate times for buying and selling.

Most traders don't have profit after trading for a long time, so your demand is very ambitious by wanting to have stable profit. It's achievable with minority of traders and if I was you, I would start with an assumption that I am not such a stable-profit trader.

Trading cryptocurrency is risky, I don't recommend it.
I would like to warn your about danger of leverages and futures tradings too.

You can learn about trading, but don't believe that you can succeed and have stable profit in this volatile market. This cautious thinking can help you to be more careful and protect your capital better.

Learn cryptocurrency trading.

To defend your capital, you will need some weapons in trading like stop loss, stop limit orders.
Stop loss order.
Stop limit order.

Reading alone will not guarantee trading success. Practical knowledge, skills and learning experiences matter the most. If you don’t know how to deal the market with lots of patience and resilience, you will never make it big in trading. While trading can be a good source of irresistible profits, but it can also be susceptible to ruining your finances most especially if you are still new to trading.

Nothing beats trying it out yourself. Maybe play around for a few times, then go back to the books to see any information that matched what happened to you and what are some theoretical moves you could've done to prevent any losses (if any) that happened or increase any profits that you could've gained.

And be prepared to lose money. Depending on how you go about it, can be a lot, can be a few. Just be prepared since you are 100% going to lose money regardless though.

Start with reading your books first, or any reliable resources coming from legit sources. Then watch trading tutorial videos from YouTube to further increase your knowledge. Know that there are series of approach needed before starting real trading. Do your own research first.

Crypto trading is never easy but hard and tough. So you need to trade with caution, to avoid too much losses. With proper knowledge and experience, one will master trading and become a professional one. But since the crypto market is volatile in nature, a trader should conduct proper market analysis first before rushing into trading.

Achieving stable profits in trading is a long-term process. The more you understand the market strategy, the better your trading skills will be. It is not new to make losses in the real market, these losses should be considered as a learning process.

Trading is a high-risk activity, the most important thing for a new trader is to be aware of their risk-taking mentality. Starting trading with a losing mindset, being aware of risks and taking advice from experienced traders can make your path to becoming a trader easier.
When you gain real experience, you will be able to make more strategic and prudent decisions.

To succeed in the market, you can become a strong trader with full confidence, morale and training.

It means you still lack of knowledge so you have to learn more.
Maybe you can trade with smaller funds to learn the market more deeply without thinking about profit so the main goal for now is to improve your skills and try some strategies so you can know which strategy is right for you.
But no matter how much knowledge and experience you have, there is still a chance for you to lose, but if you still profit overall then it should still be fine for you.

Even professional traders sometimes experience losses so the idea of becoming a stable profit trader doesn’t really matter to me. I know that consistent profits in trading are impossible but there are ways to minimize risk and loss. Everything starts with mastering the basics just continue expanding your knowledge and gaining experience in different situations or scenarios so you can better understand various strategies and analyze market movements. Focus on learning and improving rather than expecting instant profits, trading is a skill that develops over time.

One of the advantage if you are a person who do really love on reading up specially on other experiences and other related stuffs on which this could really be giving out that kind of idea on what you are really that trying out to get involved with. Trading is a skill that cant really be obtain in a short period of time and it will be that ideal that you should really be that making yourself at least be wary with those things so that you can apply into your own trading style. Just dont rush up yourself on acquiring such skill because you will really be ending up on being desperate and this is something that bad for your trading career or path to take. You are the ones who will really be able to discover for yourself on what kind of strategies that you would really be that making use of. There are tons of indicators and tools on which you can make use along the way on which this will really be that beneficial along the way but you are the ones who will really be testing it out.I have said above that make use of those experiences of other traders on which you do apply into yourself. It cant be perfect at first because we are just starting even though you do become professional, there's no such thing about being a perfect trader. Growth path isnt something that easy but its not impossible, thats why there are traders who do really make up some decision on quitting mid way because they cant be able to bare up with the risks and there are ones who do persevere on acquiring such skills.

First of all, you have to remove the thought of fixed income from trading. In terms of profit, you can compare trading to gambling. As a new trader, you should not trade with real money in the beginning. Since trading is high-risk, you will make a mistake if you think of stable income from trading. But yes, when you become an experienced trader, it can be somewhat stable for you.

To become a stable profit trader, you have to enter the trade with a losing mindset and gain knowledge about its risks.

I would advise you to learn trading from a skilled trader. You will be able to gain knowledge of trading indicators after reading various books, but due to lack of real experience, you may have to lose a lot. An experienced teacher or mentor will complement you with real experience as well as knowledge, so that you do not have to lose much. Then you can continue trading with small amounts of money. You can also consider this as a warning, use money to trade that you are capable of losing. Never trade with money that you will regret losing.

just learn SMC and risk management, I think if you want to be stable profit trader you need to trade within certain risk that you can tolerate and you can compensate within the next trade win, I just go with 1% of margin everytime I trade future and have been consistently making good profit though slow but for sure I can picture myself growing my capital to higher amount through compounding the profit as well.

most of the people that suffer -100%++ PnL that I know are mostly reckless people who don't apply the principal of risk management and getting blinded by greed. even I will go as far as saying that risk management is the most important thing to keep you from losing your money like basically limiting margin, taking low risk trades and so on.

but if i'm being frank and honest, there's no such thing as stable profit trader, profit and loss always vary.

There’s no instant for a trading success. It comes with a process and a consistent learning and studying of how trading works and how we can be successful in trading. It’s a combination actually of acquiring theoretical knowledge and practical experience.

And while you keep learning new in trading, through learning by doing, unlocking new strategies that are suitable for you as a trader, you become more professional, reliable and a profitable trader. But of course, all of that takes time so you have to be patient throughout the learning process.

Stories of other people are the experiences that should teach you what to do or not to do - they shouldn't be taken as the only and absolute truth.
The real experience comes when you create your own stories on the market.

Books, google, YouTube, magazines, internet or the like are not real teachers for you, they are stories of when people do it or theories, starting trading in the crypto market, If you want to become a professional and stable trader, you need an expert who guides you from the beginning until you can really do it yourself well. Don't copy when starting crypto trading. Try to learn when you start.

Trading in the crypto market is very high risk, it's not the same as trading vegetables in the real market, maybe you don't need an expert just waiting for customers to come, not with the crypto market you can't just try and play for fun, You need real knowledge to do it, especially in the fields of analysis, charts, volume, crypto assets you want to trade and many other things you need to learn, especially regarding margin, futures.

As a fresh beginner who just picked interest in trading, the harsh truth is that it will take you a long time before you can start making profit consistently in trading. Secondly, bear in mind that you will get liquidated, not a must but it's something that usually happens, it's not all trader that will tell you that when they started, they didn't blow up their account.

As a fresh beginner, you will pass through different phase (about five phase)

 first is the learning phase where you will have to learn and understand all the trading words, terms and abbreviations and how they work and how to apply them. Things like, leverage, Take profit, stop lose, position size/lot size, margin call, PnL, etc

Second Phase, you will learn about risk management, very important.

Third phase, you will learn about trading strategies, such as ICT, Supply and demand, Price action, Indicators and many other strategies out there.

Fourth phase, you are going to practice everything you have learn on the Demo trading account. There you can practice how to effectively manage your risk, you will master a trading strategy that works best for you. After you have successful master your trading skill on the demo account, you will move on to the fifth phase.

Fifth phase, you then fund your real account and start trading but you might see your self busting your account. After the lose, that's where you'll learn to train your emotions and learn from your mistake. If you don't give up due to your losses and you continue to write down your experience and work on improving it, that's where you can start making consistent profit.

Risk management will teach you how to minimize your lose and maximize your profit. So, to actually learn all those things and start making profit, it will take a lot of time but if you are patient and consistent, you will archive what you want.

Best advice from me to you, when you are on the fourth phase on the demo account, I am going to need you to blow the account to the extent that you will be left with only $10 - $50 as your demo balance, then trade with that amount as if it's your real money, if you can scale the $50 to $1k or $2k, then you are good to go. It worked for me, it might not necessarily work for you but you can try it. By so doing, it will also help you to master how to control your emotions and how to employ the use of Stop lose and take profit so that you will not be liquidated.

You just analyze whether the coin is credible, has good funders, and overall doesn't seem like a rug and genuinely does something that pleases its community.
Lots of factors to seek and try to read into.

Some aspects that you need to pay attention to when you want to become a trader are about the coins or products in the market, and you also need to pay attention to market conditions so that you can know about the supply and circulation of trading volumes on certain coins. So besides the price, you also need to find out the level of interest in a coin so that you don't get caught in the wrong coin depth, because usually losses often occur when a trader chooses the wrong coin in the market.

Steady income stream from trading by being a consistent/stable trader is just a theoretical illusion, you cannot achieve in your life time due to unpredictable nature of market. Yes, you cannot time the market; it means you cannot expect a steady income by trading. So, from my own experiences, I am suggesting you not to waste your energy on trading. Only 1% of traders with massive capital may find consistent profits as they aim only small targets but with large volume, they are able to earn decent.

If you go for averaging then you should forget about using stop-loss levels. Because these two are contradicting each other. I recommend not to go for averaging while trading because averaging is tightly associated with investing.

The most important one for me is to know your goals clearly and diversify the risks you have in front of you. Don't play with the market, as it's going to end your depo very fast.

Trading with your guts is a gamble.
Trading with knowledge, metrics, and indicators - is trading indeed.

Begin with reading about trading risk management

Know that trading is very risky. It is very similar to gambling in term of profits and losses. Just make sure you begin with a very small amount of money that is smaller than the amount that you can afford to lose.

Second step is that you should continue to trade with small amount of money until you notice profits than losses for like 3 or more months. If it happens like this, you can be increasing your trading funds.

Learn about indicators. You need to have more than the knowledge but to have experience in it. Knowledge will only make indicators to be 50% accurate. But with experience, you will know better.

Learn about different kinds of trading strategies. They are important. Martingale is the riskiest among them and best to avoid it. Averaging is good and worth knowing.

Hello everyone, I would like to ask you how to become a stable profit trader, what aspects should be learned from it, I have read some books, such as price behavior, but still at a loss in the real market