Topic: What should I study to learn how to trade? - page 4. (Read 1605 times)
You need to learn about trading and capital before you can trade you need to analyze the market well and select the exchange site following a business strategy will not only help you protect your capital it will also earn you a steady profit. There are many financial tools for trading don't be tempted to try them all trade can be a profitable business to take gradually perform market analysis focus on one or two assets develop business strategies as well as money and risk management and stay alert with market updates.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
You can begin trading in cryptocurrency by picking an exchange, choosing your wallet to store your funds, and enough equipment to trade on. Then, you can now begin and understand how trading with cryptocurrency works, and you can learn more about trading by doing your own research or enrolling in a trading course online. And one more question: What is the minimum amount of money needed to start?
You can atleast have a minimum amount of $2-$10 for you to start trading with cryptocurrencies.
Before you learn a strategy you must learn first how to use the indicators of the chart, this way you have a solid understanding of your strategy. Just a few indicators will actually provide you an insight into what the market will do within a week. And that's when you can do your strategy whether you want to long or short for the week.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
Basically, you need to at least know some strategy, the most common is buy low sell high, sounds simple but really complicated. To learn to trade, there are free courses online, you can also find some tutorials on youtube. The trading discussion here in the forum might help. And one more question: What is the minimum amount of money needed to start?
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
There is no minimum amount required for cryptocurrency trading but at least a few hundred would be good enough to make profits.~And one more question: What is the minimum amount of money needed to start?
No, there is a minimum amount for trading cryptocurrency, it refers to min deposit to exchanges e.g. starts from $25 or $50 depends on the exchange policy.
To learn about trading, you should read some basic knowledge regarding crypto trading, then register to exchanges in your country as you need to deposit first. How to make a profit? The easiest way is to observe the analysis of some reasonable and reputable crypto analysts.
For learning, do youtube videos. There are a lot of courses there for free and there's where I learned the minimum basics of day trading actually.
If you really found any videos useful then please try to link those videos because it helps a newbie trader as they get going. I never used any videos or article or even books as the basis of my trading knowledge so all I have learned is by having losses, at times having sleepless nights and sometimes even fighting thoughts of suicide.But now I am so strong mentally that I hardly flinch when I go through bad times and I keep believing that all I need to do is to make more better trades than bad ones and sometimes the bad ones will pay off and the good ones will hurt so that's the nature of crypto trading.
It is good to know all the strategies, traders use to grow their profit from their trade, and the way they avoid any loss in any trade activities they carry out in the market. Once you understand all the strategies many professional trader use to carry out their trade activities will be easy for you to make a good profit from income from your trade in the market. Many trader are still finding it difficult to understand the way market work, for someone to make a good profit, from the trade carry out in a market place. As a new trader, try to understand when to buy coins and when to sell coins in the market, is very important to any trader who want to do well in the area of trade. Buy your coin when the price is low, and hold it, till the price increase to enable you to make a good profit from your trade in the market and sell your coins when the price is high in the market to enable you to make a good profit from your trade in market.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
Minimum, none actually. Just save up and trade when you think you're ready though you might get limited due to exchanges minimum deposit fees sometimes.And one more question: What is the minimum amount of money needed to start?
For learning, do youtube videos. There are a lot of courses there for free and there's where I learned the minimum basics of day trading actually.
To learn how to trade just trade. It worked for me, and for many others I guess, and it's the best way to learn about trading, in your own. Of course, you will have problems and obstacles, you will be forced to learn how fix them and avoid them. You will have to read a lot, to watch how others dealt with same issues, maybe your will have headache from all that, but in the end that school will be pricels. Along the way you will lose some money (depend on your starting capital), but it will be worthy.
Experience would really be your best teacher and this is why engagement would really be the main thing that you should mind off and next will be having some reference with other traders in case you do find something hard into your trading journey.
There would really be a time that you would have questions in mind that needs some clarification which it isnt really bad for you to look for those information on the other side.
Always let yourself do continue to learn in all the mistakes that you had done and dont be a close minded type kind of person.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
I think the first question should be in what way you feel more comfortable learning? Do you need a teacher? Can you learn from YouTube videos? Or can you learn from books? While technically you can learn from all of those sources each one of us has a preferred method of learning, find the one that you like the most and try to find sources that are reliable from which you can learn. About your second question again that depends entirely on what are your goals, if right now your only goal is to learn then a few hundred dollars is more than enough, but if you really want to earn a lot of money then you are probably going to need years of savings.And one more question: What is the minimum amount of money needed to start?
Learning in trading is not just an easy way if you are looking on the internet, you should also understand how it will be worked and how should be gained profit and taking the risk that they had. Because for me, trading where a start to risk money in the future and we should know how to overcome a situation like this.
To learn how to trade just trade. It worked for me, and for many others I guess, and it's the best way to learn about trading, in your own. Of course, you will have problems and obstacles, you will be forced to learn how fix them and avoid them. You will have to read a lot, to watch how others dealt with same issues, maybe your will have headache from all that, but in the end that school will be pricels. Along the way you will lose some money (depend on your starting capital), but it will be worthy.
Honestly there are reasons why people post here and not just google it. Obviously you could definitely google "how could I start trading crypto" and there will be a billion results and you could pick one of them and learn and just go with that.
However people do not do that (well some people do) because there is a very valid reason, they do not know who to trust and companies are usually cold in that regard versus regular people. So what they do is, they come here and they ask you the same question they can find on google because they believe if regular people instead of big corporations could answer their question, it would be more real and would come from experience and not from marketing and that is not a bad reason to actually ask stuff to bitcointalk.
However people do not do that (well some people do) because there is a very valid reason, they do not know who to trust and companies are usually cold in that regard versus regular people. So what they do is, they come here and they ask you the same question they can find on google because they believe if regular people instead of big corporations could answer their question, it would be more real and would come from experience and not from marketing and that is not a bad reason to actually ask stuff to bitcointalk.
By surfing the can get some knowledge about crypto currency trading.But some fake tutorial also their in internet.So trading must be practised with minimum margin as a investment.You can practise trading with minimum of 10 dollars.Some people asking question to gain some knowledge from experience people.He should learn trading by the practical experience is my point.
Honestly there are reasons why people post here and not just google it. Obviously you could definitely google "how could I start trading crypto" and there will be a billion results and you could pick one of them and learn and just go with that.
However people do not do that (well some people do) because there is a very valid reason, they do not know who to trust and companies are usually cold in that regard versus regular people. So what they do is, they come here and they ask you the same question they can find on google because they believe if regular people instead of big corporations could answer their question, it would be more real and would come from experience and not from marketing and that is not a bad reason to actually ask stuff to bitcointalk.
However people do not do that (well some people do) because there is a very valid reason, they do not know who to trust and companies are usually cold in that regard versus regular people. So what they do is, they come here and they ask you the same question they can find on google because they believe if regular people instead of big corporations could answer their question, it would be more real and would come from experience and not from marketing and that is not a bad reason to actually ask stuff to bitcointalk.
There is no minimum amount of money if your goal is to learn, not make money. Your task is to make a deposit and present it as 100% of the scale.
You should increase your deposit as a percentage of the previous values, so the amount will not be important. When you learn, you will be able to determine the required amount of money.
You should increase your deposit as a percentage of the previous values, so the amount will not be important. When you learn, you will be able to determine the required amount of money.
I don't understand your point. Its messy to read, You are learning to trade because you want to earn and the first thing you should know is how to manage risk. You need to define first how much money you can afford to lose before you start entering on trading. There is no sure profit on trading so you should always consider that you might be loss at some point so its better to determine first the amount of money you are willing to risk. The rest will follow.
Your money is the core of trading. You can't trade without it so always pay attention on it.
On what you should study about trading @OP, I'll say, everything. It seems ambiguous right?
Yes and it should be. Trading is new everyday and so, you need to learn everything you can find. Materials on the net, YouTube tutorial videos, books on trading and from people's personal experience. Lucky enough for you, there is a lot over the web that you need only search. I'll advise you concern yourself with, learning the concepts like,
What is trading ?
Who trades or moves the market ?
Market structure ?
Candle stick patterns ?
What affects the market ?
Best session to trade the market
Risk management
Etc.
Most of all, demo trade and discover a unique trading pattern that suits you.
Yes and it should be. Trading is new everyday and so, you need to learn everything you can find. Materials on the net, YouTube tutorial videos, books on trading and from people's personal experience. Lucky enough for you, there is a lot over the web that you need only search. I'll advise you concern yourself with, learning the concepts like,
What is trading ?
Who trades or moves the market ?
Market structure ?
Candle stick patterns ?
What affects the market ?
Best session to trade the market
Risk management
Etc.
Most of all, demo trade and discover a unique trading pattern that suits you.
Before you'll go into trading, you must have to study first about crypto, knows its behavior until you fully understand it. Then, it couldn't be hard for you to understand trading.
Learning about trading could be hard at first but if you think that you can do this, it will never disappoint you and brings you success. All went good if all your learning coming from youtube tutorials or from friends will be applied to real trading. This could be a process and it takes time before we become a full pledge and a successful trader.
Learning about trading could be hard at first but if you think that you can do this, it will never disappoint you and brings you success. All went good if all your learning coming from youtube tutorials or from friends will be applied to real trading. This could be a process and it takes time before we become a full pledge and a successful trader.
Yes a lot of videos to watch to learn how to trade about crypto trading. If a person is interested to know more about trading by starting to watch some tutorial it could help also. And the most important thing is to understand first the market situation. As a begginer never invest without knowing the risks in crypto because of the price volatility.
Watching video trading tutorials and then understanding them is a very good thing to do. But doing the right practice and understanding the strategy is even better. Most people who are just learning are just theory without real practice in the market. Real practice can be to make a deposit in a small amount first to find out whether the lessons learned can be applied properly. Crypto totality is very risky and one must be careful.Learning completely about technical analysis and fundamentals is very important. Because the two techniques will be combined to be able to read crypto price movements in the market.
Obviously trading is buy low and sell high, that's it.
Buy low and sell high will be the key to trade and make a profit.
This is where trading becomes a paradox because it sounds easy to say buy low and sell high but identifying the low and high is a big problem. If it were that easy, everyone would be an expert trader.What should I study to learn how to trade?
Go and study key points of Resistance and Support. These two should be enough to guard you in identifying reversals.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
And one more question: What is the minimum amount of money needed to start?
We have so many options or guidelines for us to learn about in trading. Since you are in cryptocurrency business learning is very important here, where we supposed to have a bit knowledge or idea about the basic things in trading. Besides, there are a lot of tutorial in Youtube video where We can learn about crypto trading.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
If you ask people this question: the amount you should start your trading with, the normal reply is 1% to 5%. But if you check properly, you will come to know that for some of us, the 1% and 5% is not even enough, because we don’t have as much as those people who are telling us to trade with 1%.And one more question: What is the minimum amount of money needed to start?
My answer would be that you should understand trading first and know what you’re likely to make from it, and when you have understood that, you can then decide for yourself how you are going to be okay with and don’t forget the risks, because that money you’re putting there is going through risks and you can lose the same way you can earn.
Jump to: