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i watched a couple of courses and read a couple of books, and I liked trading as a career  and I want to solid my information and skills
I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

To be good at trading, you have to go with it in a two-pronged approached and those prongs include acquiring knowledge and acquiring experience, in your case, you already have the first prong which you can still improve because learning never stops and knowledge is power as for the second prong which is acquiring experience, you have to get in the field and try to trade, go for smaller amounts of trade or practice in a simulation which is risk free.

What kind of trading do you want to learn? Is it stock, forex or crypto? To get it easily, you will need to first read about the 'rules of trading', this is what you can use search engine for, it is very important to know the rules for not to fomo and to be able to know how to manage your risk. If stock or forex trading, you can start with demo account, you can start with watching trading videos if crypto, there are a lot of videos available even for the three types of trading. Check the price history of all the cryptocurrencies you feel like trading, start with $10 per each trades for like 3 to 6 months, do not be greedy and be absolutely patient. You will learn, have experience and be able to know more about how to manage risks.

It's a good "start".
Reading books and watching courses online is only a small part of the battle. You'll need experience to be able to continuously make profit from trading. By reading you will mostly learn about the theories and those theories don't work most of the times since the market movements are a lot more complicated than them. When you enter the cryptocurrency market things become even more complicated due to the high manipulation that no amount of studying could prepare you for them.

Whales are power to manipulate the market and it worth to read the article Art of Deception (https://medium.com/@Whale_Watching/wolongs-art-of-deception-6b9154f5297c) from Wolong. Crypto market is a good one to verify this game. Win or lose in the game rely on how you understand the game and be able to control your decisions.

Before you used trading as a career, you need to learn more about trading and if you feel that you understand how to trade, you can try to trade in the recommended exchange but do not use too big money as a start because that will be too risky for you. You need to familiarize yourself with the exchange while you need to learn more about trading to get an experience to trade better. While your trading, you also need to control yourself because you will face an experience to see the price will jump fast or down fast, making you panic.

got it , are the books in the link good as a study plan for trading?

As cmt is non-profit organization of technical analysis, so it could be a great oppertunity for OP to read those books and give exam for the test. But it's related to technicial analysis which isn't only specific for crypto as it could for stock or forex market either way. As a result, it's better to focus on those books which are only related to crypto and those books could help a lot to learn trading about crypto-currency. On the other hand, OP can read those books of CMT if he/she wants to try all type of trading as an early learner to get some idea about those markets as well. TBH, try to select only one boat and sail on that.  ;)

i believe that TA works in any market even the crypto market, idk what else I need in crypto trading? fundamental analysis? don't really like it

I agree with you, it is not enough just to have a theory without being accompanied by direct experience of plunging into the real world of trading. because knowledge will be dull if not put into real context. practice is very important to bolster theory from reference sources. Like a bird in a cage, it has wings but cannot fly into the wild. in other words, having knowledge will not feel the benefits if it is not applied.

These books are not free of cost as each of the link on the site takes you to the Amazon site. Not everyone is willing to pay for these books when there is so much free material available on the internet. If you are a beginner, its better to start with free learning material and once you need perfection, you can buy few of these books.

Indeed, TA works for any market ,but FA's needed if anyone want to be a successful trader. For an example, everyone right now is so much disappointed with current gas fee problem of ethereum and expecting to get rid of this after ETH2.0. But here is a twist on this FA because there is an EIP 1559 ( Ethereum Improvement Proposal 1559) which will solve the current gas fee problem if london hardfork would complete in July which is a great FA for ethereum right now. Even there is a possibilty for a correction in the price of etherum according to TA, than it's for short time and etherum might go higher than $2k for the upcoming hardfork in the long run. So, both TA and FA matters a lot in this crypto market. Also, we can just speculate what might happen according to TA+FA and not like 100% sure that it'll happen.

TA should just guide you on your decisions but should never be relied on 100% or else you can easily get REKT

The biggest part in learning how to trade is actually experiencing it and not just reading books or articles. Beside reading all the information. You have to practice it:
-  You have to be very disciplined,
-  Avoid lots of emotions when trading,
-  Have a proper risk management strategy etc.

Can't achieve all that by just books and expect to be very perfect the very first time you start trading.

Just remember, not all successful traders rely on books and courses but what you are doing is the right track.
Keep learning more until you find your courage to jump in that jungle.

One is experience.
No one can teach you that but just yourself. Once you learned something by trading live, you keep it.
Even if its the bad side of your experience, you jot it down so you won't forget it.
A plan is also important, that's to avoid the greed that might take over or too much expectation.

TA analysis is what most crypto traders used but you cant thrive in cryptocurrency trading by excluding fundamental analysis it just like you eating your food and not drinking water which will help your body aid good digestion.
What else you need to know about the crypto market is the things that influence the market price and understand the historical data of the coin you want to trade so you will be informed about the seasonal pump and dump in the price of the coin.

Learning the basics is very important, reading books, hearing from reliable sources of information is just a way to building a strong trading foundation and you right. We don't need to shortcut the process, it must have to start at 1st step, 2nd, 3rd,  and so on until we succeed.
Trading is no-stopping learning, every trading experience serves as a learning process. We may lose, we make a profit, we even learn more from these things and that is a tool for us to make better and succeed in the future.

As long as it's teaching you how to trade properly then it's a good addition for you to learn. That will give you more experience then you can learn from it.
That's the important thing in trading, you have to learn many things on it and whatever you've learned through reading. There's a need to apply it in real life scenario through trading.

So you like reading to learn trading hmm. I wasn't that much of a reader when I learned trading, but from what I can say from my experience since I learned most of it from Youtube vids is that you should definitely try to experience trading and that's where self-evaluation to yourself takes place if you really indeed learned something.
In my day trading experience, I learned that I was being too greedy. I won't be able to conclude that if I just mainly listened to many tutorials and did nothing to try.

Before buying any course I recommend that you search the web and read all the books you find by Jesse Livermore and Richard Wyckoff, after you read at least two books of each of them if you want then pay for any course, the idea is that You learn to understand the market, after that you can apply the best Technical Analysis, it is always necessary to learn how the market moves, in the books although it is all focused on the stock market, it is fully applicable to the crypto market. I think that if you read all the books you can about them, they will not make you want to spend money on courses.

And after that, trade but with play money, and once your plans work, you can take a chance with real money, of course is my advice.

man, I'm not buying any courses , or even books I'll download them from torrent, all I want to know is those books good for trading or some theories  or I can get better another thing, I CAN NOT HAVE AN EXPERIENCE IN TRADING WITHOUT having THE KNOWLEDGE OF HOW IT REALLY WORKS, all the comment here saying go trade, WITH WHAT?, by WHAT?  i don't really understand you guys, I'm saying I want to learn before having a good trading time so I can  have an experience based on my knowledge of trading, not by to videos on youtube  I feel like learning here is underrated



Richard Wyckoff books are already on my list, thank you

If you look at these books, they only teach Technical Analysis, if they work, they obviously work, but my recommendation is that you learn how the market moves, that is, if the price of BTC rose it is because X reason, something very foreign to what they say. In the news, if you have Wyckoff on your list, start there, Elliot waves are highly recommended, and what I recommend is that you trade with Play Money, in some exchanges they have that option, why do I recommend it? so that you learn to use each Exchange tool, so that you know how to put a Take Profit, Stop Loss, Limit orders, learn leverage, these tools are necessary and I recommended the book or books by Jesse Livermore because he captured his trading experiences there.

The major reason for trading or learning how to trade is to become successful at trading such that you have a track record of making successful trades. Having learnt what you've learnt already, I think you should try to see how much you really know by placing trades. You have the knowledge already, but that's not enough to be a successful trader, you need the experience also, in this case, by placing trades.
Most times, I advise you trade with a real account and not a demo account so that you know that your money is actually in the line. It is, however, advisable that the money should be one you can afford to lose.

I don't read books in regards to trading because it only takes me too long to understand compared to when I was watching tutorials online. But I understand also that not all have that way of learning, you're are fine with the books then that was good. What we wanted to happen is just common and that to learn to trade and we find a way to make it easy for us to understand.

Just a piece of advice, give some time also to watching YT as it was more on the action and close to reality.

Yes, it is always a good "thing" to learn about trading. By learning about trading I meant to learn how the market, the platform where you will trade, the charts and so on works. Without learning those basics, you won't be able to go far. But don't just learn and think you are ready. You need to experience the market too. You can do that by starting small. Don't expect to be making profit from the very beginning. You will make mistakes. Learn from those mistakes! Once you keep on trading, you will get used to everything and be ready to start trading seriously.

Both fundamental and technical analysis in trading is very important, these are very useful strategies upon forecasting the market price that possible with have an accurate result while you are guessing at the market price.

But I don't think what kind of trading OP wanted to learn in trading because it has a different style or technique if you are in crypto trading or in forex trading. Master all I have mentioned above and that will lead you to a better trader soon.

You didn't specify in what category you like to learn in trading. Because there is Forex or Stock, and Crypto trading in which of these
category you'd like to learn? But anyway, let me share a little bit of my experienced in my case I never come to the point that I choose
any course just for the sake to learn trading course.

reading is good but yes, actual trading is different. especially in crypto, those TAs that you learned sometimes are not applicable to most crypto markets. so if the OP wanted to explore his trading in crypto, he needs to start small first. as he is just starting to grasp what is going in crypto market, more then likely he will lose. also, each coin that he will venture with is different from each other. thru time, he will gain those tips and tricks when it comes to alts.
also, reading in this section of the forum, he will already gain a lot of pointers as a crypto trader. most of them are not written in books.

In my opinion, what makes a person successful in trading is actually how strong the intention is to be successful. It is not a problem to learn from
anywhere about trading, as long as we have a strong intention to learn trading. Then success will follow us, so if you are more interested in reading
books and articles, please do so. But in my opinion, with technological advances it is more effective to learn trading from platforms that provide
trading video tutorials. So we can see in real terms how to make correct trades. Or I suggest taking an online trading course on a trusted website
that can be used as an alternative choice for learning to trade, so that your trading career goes according to plan.

Although I do not read that book, I think it can be your reference to learn about trading. But maybe I can remind you that book is about stock trading and not crypto trading, so you need to find a book that teaches about crypto trading. You can follow the channel from Youtube or the other media to learn more and knows how to trade better. Do not forget to practice the lesson that you already learn so you can get the experience.

no need to master a lot of theory, trading is a matter of practice...
the more you find out about the theory of trading, the more reluctant you are to start it. do not let your time run out for looking for information that you cannot do. learn as needed, such as basic analysis, how to read charts and technical techniques, then trade in real-time by analyzing the latest news too. good luck.

Well yeah it is a good plan that you are making yourself knowledgeable about trading, it is a good stepping stone if you don't want to be stuck in a 9-5 job which slowly kills you. Be careful about making trading as your career as you have to be really good at it to make some money so you can sustain your daily needs, try to get some experience at the same time that you are learning about the theoretical parts of trading, you can get the feel little by little with that.

Learning the basic informations and obtaining right knowledge about trading is really very essential for a trader for it will serve as a strong foundation upon conducting trading practices in the near future. It will be good to start from reading books, articles as well as knowing how to analyze the market and get to know the existing cryptocurrencies to better familiarize yourself about those. It will be good that upon learning new things, you are somehow trying out to put it into action by trying those into trading proper to test if that will work as your trading strategy. But if you wanted to learn everything first before doing trading, it will just be fine as long as you carry out learning first before doing engagement.

Yes, knowledge is the foundation before you do and find the accurate knowledge you need and what you plan to do.
At least you know the basic ways and understand how trading works and that really helps you before starting, and if you feel you already understand and master it there is nothing wrong with practicing it, and besides that you also have to learn to analyze.
and you can also do everything related to real trading and practice so that you know your skills and knowledge in trading and you will know your strengths and weaknesses to keep trying.

I agree with you. There is no such thing as learning. You have to know and understand the matter by learning. Maybe in real life, the book doesn't work at all, but there will be a lot of ideas. And if you are new to trading, I think you should never go down with too much investment first. Knowledge and experience should be increased little. In the end you have to be very patient.

Everything that you do learn no matter what sources you do able to get it from would always be a good plan or good step for you to sustain this trading career of yours.

Read and Try to those things that you had able to learned up because nothing really beats out the learnings that you would able to get when you do personally test out the market
for yourself because other learnings would definitely be coming into  that.

Do all sorts of things that you do seem to be worth.

I agree. You can't advance in a field only theoretically. You need to get your hands into the game and get a feel of the markets. ATM you an consult the range of books, seminars, blogs etc but you will not be able to fully solidify them without proper experience.

The fact that you already did some research is great and puts you in a great place to just roll with it. Good luck!

learning to trade is the best way in any way we like, if with a book or ebook to learn and it is highly recommended by experts we can give it a try. I myself learned from telegram channels, they made me learn a lot of technical, predictions, indicators, also made me have trading experience.

There is no business you do without acquired knowledge, by researching about it. Second take your mentor that can coach you about the business, you start going field with your mentor, you can easily succeed when you have the mind of serving your mentor. Thirdly practice what you learnt from your mentor in small scale business.

More executions and experience must be done in order to gain more knowledge in trading. Actual trading could be more challenging than what we see on youtube, from what we read in books and everything we got from searching.
What OP did is a very good way to start learning, it gonna be improved once he applies everything in live trading but just to say, it usually comes to trial and error just to find which one is effective or not.

I tend to agree with you both, searching and learning aren't enough in trading, you need to have experience in the field and learn more strategies.  As they say, the experience is the best teacher in trading, and the more experienced you had the high chances to avoid losses.

I saw the article that given by the OP, it's just a book that we could learn on trading technically matters.  It's Chartered Market Technician (CMT) which is presumably more about technical analysis.  Probably it takes months before you have successfully done reading all chapters that had on the book.  It might good to try for those who are willing to learn but for me, I'll rather go practice in copy trading on the Etoro platform while learning in trading, IMO.

I haven't read a book in relation of tradings just yet, but I believe that just reading it all alone wouldn't help that much. The application of theories learned in the mentioned in the book which is all about TAs as you mentioned is a must.
I had learned that attitude when I was learning programming back then.

Every trader should learn for trading. If you don't know about crypto coin why coin price increase or decrease. You can not make profit. Everyday losses your money. So i think learning is good plan for trading.

Doesnt matter on where you do get your sources as long it would really be beneficial for your learning process then that what matter most it doesnt matter on where you did
get those information as long it would really be relevant into your trading career.
Resources can really be obtained neither on the internet directly or with some literature or what but the best thing to learn up is to experience yourself with the market.
You would learn something that you cant learn on just reading up.

Trading is a good as your income even you can make it as your source income. You have a chance to get money per days, per three days or per weeks depend on your capability and on your fashion to trade.

If you have have been interested to make trading as your career then you can start by now. There are so much place for you to learn about some strategy and the ins and out about trading.

But, I just suggesting you to learn first about trading with some books. Yeah, this is more effective than you read some article on the internet or some tutorials on youtube channel. With book, you will just focus to what you read and imagine to the market, even you can use your book when you make an entry.

Trading strategies can be learned but if you want to ake successful career out of it then you should implement it in the real life by doing trading with your real money.Concentrate more on the technical analysis then reading general about trading which is ore helpful with the trading of crypto assets.

Yes it is.
You can earn more than any other type of investments. if you can be a top trader your income will ridiculously risen to upper level.
But it can make you asset less also. So first learn than hit.
Start with small trading then gradually increase your investing fund.
You will get more than 2x if you can invest wisely and take well calculated decisions.

Gaining knowledge related to any field of work in which you want to have a kickstart is highly appreciated move and one must do it but there is difference in having knowledge and applying it to the practical feild of work.The books, videos,and other resources can guide you about various ways of trading but it depends on you how you imply them In your own way and skills.Because everyone want to win the race and its only possible if you run fast and take big steps towards your set objectives to reach out first.Make trading your day job after some years when you have knowledge, skills,market judgement, experience and past profit history otherwise always have side jobs to cover your financial situation and your losses also.

As long as that you think it gives you learning as a return of spending time reading and watching videos, it was a good plan (just for me). I know that everyone undergoes such a way also. Learning in trading couldn't be just quick learning and all you read will be absurd instantly, it needs constant practice, reading more books, and last, we need to apply it to actual trading.

If we wanted to have shortcuts, you never surprise yourselves that you lose your money. And then we realize how important to knows such things before trading and those who have that sacrifice wins in the end.

If you are aiming to success from this venue of investment, taking time to do your research is the very first thing that you
needed, solidifying  your deep understanding bring higher chance of success.

It's depend from how you are taking those  information that you have seen from that source, it's good to have the right  plans
base from the knowledge that you gain upon researching from all the topics about this business.

Learning to trade is the only way we must do it if we want to profit because the crypto market is always changing and fluctuating. Learning to analyze will help you better trade and find a good time to buy and sell the coin, although that does not always guarantee us to get the right time to trade. But we will have the experience to trade and that can improve our skills in analyzing the coin. By doing that, we can prevent the losses and change it to get the profit.

Your thinking is very beautiful and tidy. And according to your description, it seems that if these two aspects are fixed, it will be a good plan. Both knowledge and experience are very useful for trading. The beginning will be through the acquisition of knowledge. Then the experience will come as soon as you do some trading. But in trading life, you will experience both good and bad. It would be wise to face and accept any situation.

I's already seen through the list and they are quite interested. Some of them I have read through, especially the Japanese Candlestick Charting Techniques. This book is the beginning trend of the candlestick chart we all see right now. In the past, people mostly used line charts which give us less information than the candlestick. So I can say this book is the masterpiece even though some information may be obsolete

You do not need to read all of them since you'd already read a couple of books and watched trading courses. Just choose a few of them. What you need to do next is to open your own trading account and start your career right now. Why? Because you will gain experience on the battlefield and you can shape your own mindset about the market with the knowledge you have. Everyone has their own trading techniques which is the combination of knowledge, experience and intuition. Actually, professional usually claim that techniques only allocates 25% success of a trader

Well, good luck to you mate

In my own point of view,I think it is good to learn how to trade. In all we do apart from trading self we must learn for more knowledge and understanding.and as for trading, learning is required to make a massive profits because what you don't learn, you can't have an idea how it's running.

I'd say you have a good plan, reading books and watching a couple of courses was already a good start, if you continue doing it then you will definitely get this career. However, knowledge is not enough to be a complete trader, you need also to have experience. To try how this trading works you could look for trading platforms that have a demo account on them in order to be familiarized or you could use a small amount of money to experience the factors you must encounter such as the risk.

Step by step, I believe that OP will reach his goal in life and become a successful trader in the future. I only wanted to say for him is that he needs to be patient. All these learnings and sacrifices will surely have fruitful ends. What he should do is to be thankful for every mistake he encounters because that will be the reason we are encouraged to work hard and improve our trading skills thru reading and watching videos.

I believed the OP wanted to kickstart his trading journey with reading of the book which isn't a bad idea probably thereafter watch many trading video where he can choose one of the available strategies out of many possibly tweak it to suit his trading style and subject the strategy to testing either via stimulation or live trading hence the trading journey the OP  will start in earnest, although not an easy task however with practice perseverance sky is the limit.

Learning to trade is the initial step of entry into the crypto market. You can trade without any specialization but it may create many unexpected problems. So study about this thing can smooth your path as a carrier. But only learning can't make you successful,  if you want to go far then no other option to avoid experience and practice.

Well, this is a good try and start too. By reading books, watching courses to learn something. And the best thing is learning is the first priority what you are trying to do in your life and that thing give you the best result we hope that. And we welcome you to the world of trading. You know trading is platform where you have to learn everyday or your every step you have to face a new method, strategy or a new mistake. But from your every step you have to learn which will makes your trading journey very simple. I am really happy to see you that you spend your such time to learn fast. Which sould be. Because learning gives us success easily. So enjoy your trading journey with full of profit. All the best.

In my personal opinion, you can start learning trading anytime and thus you will be able to face any situation. You should use demo for understanding the basics of demo and it helps people.

Indeed, and these people have a big advantage when compared to those who have nothing. Reading books and soliciting ideas from our friends are of big help to clearly understand what we are doing and we can expect positive results rather than seeing failure.
It is very important doing this and I could say it is a must. If we don't encourage ourselves to do such a thing, better make a decision to stop coz this will going nowhere.

I totally agree with you on this. Many times, we think we only need the knowledge and not the experience and that's why many people fail to make profit trading.
Many people just dabble into trading after learning one or two about trading. What I recommend for new traders is to try and gain experience by demo trading after they've learnt all there is to trading and practice. However, I do tell them not to demo trade with a free account but with a certain amount of money that they can afford to lose in case anything goes wrong

Yeah, you are right that we can start learning trading at any time but it doesn't mean that we just stop at the demo. No, this never gives you enough learning needed for serious trading.
It is what OP did right and that supposed to be a practice for the people who wanted to be in trading. This isn't a joke, we gonna lose our money if we don't care about it. Learning about trading can't be done instantly, that is why only those who have patient will succeed.

There are some and it isnt bad to take them or read them as long you look it to be beneficial then you do also have the time then its not bad to have some peak
but actually resources online can really be seen in a few clicks or searches thats why i wont really bothering myself on finding for some books or courses.
Self experience would be one of the best thing but dont rush up on yourself on learning everything in a short time because trading knowledge
cant be attained that short.

You can't be a teacher if you don't go to school. Just like it happens to trading and you can't call yourself then as a trader of you don't have knowledge about trading. Training is very important to improve our knowledge that can be also applied to real life. With this, what we have to expect us? Well, it is obvious that the result is not good and for sure we have to blame ourselves back then.
What OP did is definitely right. We know how risky and tricky is trading and we have to be prepared for it. That simply gaining some ideas from others, from written in the books helps a lot.

Trading is not a game or a gamble. There is a market analysis is not just a guess. If you don't want to learn don't trade, your money will run out. All have processes, nothing is instant. The demo account may not be enough for practice. The trading psychology is very different, when you use a demo account and a real account. Especially to practice patience, it is very difficult. I think traders all over the world are the same, emotion is a difficult problem to train.

Exactly, it is an effective approach to start learning trading. nearly 50% of us learn from our closest friends, and it's a method that feels very easy to understand. Plus some trading guides provided us with a self-discovering insight. and these facts are in accordance with the realm of learning. that is, where there is a direct learning method that has 75% understanding power based on Bloom's Taxonomy theory.

That is the best analogy I have seen about trading. It is exactly like being a teacher, you do not tell anyone to "go start teaching and the more you teach the better teacher you will be" if they never went to school in their life, they wouldn't know what to teach and they wouldn't be equipped with knowledge to teach anyone anything.

However if a teacher studies real hard and learns very well, they can become a teacher and be great at what they do. Obviously speaking if you know what you are doing you could end up studying real hard on trading as well and you will become a very good trader as well. Unfortunately in this day and age there are very little amount of people who care about studying and learning, I wish it was more but in a fastly lived world like we are in right now, people try to consume things very quickly, otherwise spending months studying same thing is way too difficult for attention span of this era.

Study to know more about trade is a good achievement.   Trading is a something we continue learning until will get use to it and how to impact other not to fall victim to those who experienced it in a negative way because they lack personal research to know more about a particular trade before carry out the activities.

Well, that is not a good plan for me but I think that is a good start. In trading, we should learn more technical analysis and the only way that we can get solid information is by reading a book or even an online book or e-book will perhaps help you. The most important in trading is that always have research for any important information regarding trading and either reading books and watching video tutorials on Youtube about trading, is a good start. Because trading career is the hardest task and to risk your money, you should be patient when the perfect time of cutting your profit because not all the time bitcoin will grow up.

It's very important that you have knowledge about trading before you will jump in. Some beginners skip a lot of things and they get bored in reading a lot of books about trading.
Basic trading is very important, I remember the first time I trade and all I want to do is set the token that I want to buy and follow the trend or suggestions that have said in the group chat that I joined in which is really a big mistake. I immediately lose half of my capital with just small period of time. It's hard to get profit rather than losing and it's really quick if you didn't analyse properly and get the right strategies about trading.

Becoming a profitable trader is not possible by learning from books but you must learn from your trading itself. I mean learning from books-videos-other traders can help you to enter into the trading domain but after that trading profitable will purely depend on your perception level. You must start with demo account and from there you need to learn from your activities by imagining your demo money as your real money. If you are capable of doing that then there are chances for you to be a successful trader in real soon.

When you are in learning phase, everything seems like easier and good to handle but in reality market pressure is something we cannot bear and handle because market will jump against your orders and your capital will be eaten by stop loss levels or your emotions will force you to exit earlier or push you to wait more and then end up with nothing.

Trading is not career which can be adopted by liking it; it is a habit which should be developed by practice and if remain profitable then you may adopt it as a career otherwise you must look for something else for your living rather than keeping trying in trading and losing 8).

Demo trading will only help you to guide how the trading platform work, like how many feature that can be used while you trading and how many feature that important to be known before you make a real entry.

Yeah, just it no more than that. Because Demo will not help you to earn profit, believe me, I mean it can't be made as your trading plan.

When you trade in Demo account you will not have a scary with the movement price because you use a fake money to trade. Different when you trade in the real platform, your pshychology will work depend on your knowledge.

I agree with your point. Experience is essence in trading. One can not succeed without having enough experience. The longer you trade, the more sensitive you become, and you realize that in some cases, our instincts will try to tell us what to do

With regard to Etoro, they spend a ton of money for advertising and I can see their posts running all around the social media, youtube and even google. I just wonder whether their services are good? What about the fees? Are they high compare to other brokers? Moreover, I have heard many suspicious cases in terms of deposit and withdraw as well as online support.

Good plan in all things that you are engaging into and you are really earning something when it comes to learnings and experience.All of resources can really be found in the internet
if you are really that persistent and dedicative on finding out things for you to have more additional knowledge that you would accumulate which would really be helpful on the career
that you are choosing.Trading isnt something that can be learned with a few days, we are talking long years on this because market is way too unpredictable
there are tons of things needed to learn and the rest will be gained through actual experience.

It all depends on what you really want, what your goals are. Trading is an extremely difficult and stressful mental activity. To be successful you will have to spend at least 8 hours (or even more) a day, especially at the beginning.
Indeed, on the one hand, you will need to develop the theoretical part, on the other hand, you will need to develop the practical side. In this case, you will inevitably make mistakes that will lead to the loss of money.

You can learn crypto trading. You will found some good guidelines in YouTube and google. If you familiar with crypto, Then i think you have to learn crypto trading. You need to learn how to analyses market, How to place buy/sale order etc. Those are basic knowledge, you can learn them in short day. But Give focus in market analysing and research, those are very important in trading.

Yes it is.
Trading is a good Platform to earn a lot of money but after you are well skilled and experienced.
Otherwise you may loose your assets. Trading is a risky platform where anyone can be rich overnight and may be also poor. Everything is possible.
So first learn and gain experience then it will be a better option for you. Otherwise its quite risky

And there is. More often than not, other people's knowledge will differ in different ways from your own experience. This is why it is critical to strike a balance.
You must receive knowledge and immediately implement it into your personal practice in order to see how reality reacts to new information received. Many make the mistake of completely immersing themselves in knowledge, ignoring the fact that they need to test it in practice.

Practiving and trying to enhance those knowledge for the best outcome for you, it's nothing if you just acquire knowlegde
and you don't do anything.

Action speak louder than word so applying that, it's a must to apply those knowledge and see if that's really works and try
to add some twist for your personal venture.

Yeah, those are two things that are very important and go hand in hand with one another. The first thing you must have is knowledge, but, if it is only knowledge you have, I don't think it's complete. Because if you start to dive into the world of direct trading, it seems that it is clearly different from us just learning. We also have to practice, what we have learned and we can, if you feel ready to trade, you should try it immediately. You can try trading while learning, it will really help you, than you just read. Because, with the more experience you have, the more you will know how to do if you are faced with problems that occur later.

How to learn to analyze and deal with the risks that you are experiencing, it will be very helpful, if you try. If we haven't tried, we won't know, how to get into the world of commerce with all the knowledge we have, because the knowledge will never end, you will continue to need it. Because all there must be a solution to the problem. So don't be afraid to try to jump right into the world of commerce. Start with a small capital only, to find out how it works and learn everything you get later.

I'm also learning trading and I believe learning is a continuous process so keep learning and try to apply what you have learned in real market. You will learn more and if it works then you'll also make some money. Good luck buddy

Of course you can. You can earn big amount of money through trading, but you have to develop skills first. It is important that you learn about trading before you start trading. Because trading is very risky. Many new traders lose their capital and leave the market due to lack of knowledge about trading. Trading is a very easy thing but it is the most difficult to make a profit from that trade. Traders who cannot analyze the market properly cannot take profit from the market because they do not know what is the right time to open a position.

Experienced traders also continue their studies on trading, as they want to keep themselves updated with the times. So when it comes to trading, there is no alternative but learning.

Reading about trading is not a bad place to start, at least it shows that you are ready to learn and become a better trader rather pay for signals, but truth be told reading and watching videos alone isn't enough, you need to have experience to become a good trader, cause reading and watching videos are just theories you can't trade the market with just theories, , experience is needed cause that's what makes you a better trader,after reading and watching those video courses try using an account with little to trade and gain experience.

Trading is one of the good things to learn this can help you to invest in different coins but this requires are an effort and knowledge investment if you are committing to learn good to know. Depends on how the process you learn I suggest starting with the demo trading to have an idea of what's the trade all about also I suggested the use of the binance if you want to start learning. Trading needs to have a budget if you can't don't rush yourself but if you have tried to enlighten yourself about the trading.

experience must be mentally strong, because of the fact when trading we must be prepared with the risk of large losses. so this is worth the results we get because we definitely get losses, I think the experience and learning is very good for a trader's journey

You may learn as much as you are afford to, but the final results for your trading will be purely depending on how much you will be practicing under the real trading environment. It means you must get practiced to the real pressure of trading conditions so that you can think and act well under pressure environments which will be more important to handle your emotions effectively so that you will be sticking with your pre-planned trading strategies.

It means almost all the traders are having a well tested trading strategies but unfortunately they are getting failed in real market conditions due to lack of experience. So, just learning will not get you profits from trading but you need intensive practice with real pressure of trading.

I feel that in the event that you read every one of the books you can about them, they won't make you need to burn through cash on courses. It is consistently important to figure out how the market moves, in the books despite the fact that it is totally centered around the financial exchange, it is completely relevant to the crypto market. Figuring out how to dissect will help you better exchange and figure out a fun chance to purchase and sell the coin, albeit that doesn't generally promise us to get the ideal opportunity to exchange.

But this is exactly what I am talking about. By gaining knowledge but not applying it in practice, we not only stay in place, but also worsen our current situation. Therefore, it is extremely important to always apply in practice the knowledge that you receive, otherwise confusion will form in your head, which will become more and more until it completely turns all your knowledge into an incomprehensible mess that will be extremely difficult to put into practice.

Continuous learning is good for being professional trader but learning alone will not help for making profits.
You need to be practicing along with the learning process in demo accounts. Demo accounts are most common these days and available with the most of the exchanges. Just practice in demo accounts along with your learning.

Trading is something that cannot be understood just from books or videos. It need heart-felt way of learning and that will be possible only if you are practicing in demo accounts.

I have never heard anything like heart-felt way of learning, something new but I agree ;D. I understand you refer "learn by heart". Yes, it is kind of requirement for trading. I do say this like make it as your habit and not just your work. When we are continuously into something by watching/monitoring/analyzing then it will become part of life and that kind of state is needed for practicing trading.

If we are ready to spend years of time to watch and develop our own strategy then we can easily become profitable trader but most traders are not having that much patience. They copy others' strategy and get into trading in matter of weeks itself.

Learning materials or tools for trading were available for free via online or even in ebooks but we can't figure out how effective those learnings that we have gained if we wouldn't try or execute it in real trading. Trading can be learn by just reading but of course what we can learn from it was the basics only, the regulations, the do's and dont's but the real learnings that will give you an armour in trading was learned through the journey, skills and knowledge that you may gain here were solid.

Trading is a career path that I really admire so much, I don't want to be one of those company workers out there, would rather be my own boss and that's what trading can give, learning how to trade is very vital for constant growth in the long run, so which ever way you can add more knowledge to the ones you have already do it whether it's reading a book or watching a video, learn and study more cause later on in the future you will be the one enjoying the reward from it.

learn to trade from anywhere, with so many sources we will find the right type of trading for ourselves. therefore the main key to trading is experience. the more we learn and evaluate mistakes, the more we will be able to survive in this trading world, we cannot blame someone's trading system, because everyone has a different trading style

Although to be fair, even executing tactics and strategies cannot tell you for certain how effective they are because conditions in the market can always be different.

Then you also have to consider conditions that are external. Your internet speed, your platform's responsiveness. Whether you are even allowed to be using the platforms! Small things traders completely overlook when attempting these strategies:)

This is a very good plan if you want to connect your life with trading. But you must remember that trading is hard and painstaking work. You will have to sit in front of monitors 24/7 to make good money.
Many consider trading to be easy money and end up paying very dearly for such an underestimation of this activity. Trading is a job for success in which you have to sacrifice a lot of time.

It's a good plan, read all the trading materials that you can learn from. Every knowledge that you'll get there will be helpful to you. Aside from reading and accumulating knowledge, you have to apply that in real trading.

That's where the challenge will start and if you're going to keep going with it.

I guess you're forgetting own intermediate step between learning and real trading.

That must be practicing in demo account.

Because without practice, entering into real trading will lead to big losses at any time. I mean just learning from books will not be enough for any trader but they must need real-time practice which is possible when we are making use of demo accounts.

Yes, thanks for adding demo accounts/virtual trading as a practice.

That's also a good step to apply those reading materials that a newbie has read and absorbed. He/she can check if those materials are helpful and effective to them.

I just missed this and wants to direct them in real trading.

From my perspective, I didn't good at trading few months back and some of my friends were almost expert in giving trading signal. They are getting got payment which attract me. So, I tried to learn from them and also research about trading few days then I started and till now experience is helping me everytime. So, I will suggest you to go for some research and try to learn it as early as possible. If you come first, you can make profit first if your strategy can work successfully. You may lose your funds too.

You must have to work hard in order to get what you want. Yes, it was risky, many were suffered losses due to carelessness and many were also in great returns. But upon all the success and winnings we got it is all because we are committed to doing the search, we develop our skills and knowledge before trading. And what had told to us are the things that we need to do, that just only a few things but it has big enough to help.

My opinion is that the profession of a trader can be mastered only through practical application, theory is good, but without long experience in trading, not becoming a trader, the skills and thinking of a trader come only on the stock exchange, but not from books or magazines where the same theory is taught from experienced traders who have developed these same strategies on exchanges.

Yes, you need to learn to trade well before you can trade understand the trading signals of the market. Even if you often face a loss due to carelessness you have to try to recover it and move forward as planned great idea for planning business.

Being careless and then looking for fixing those mistakes to recover losses and then trading like professional is usual cycle of most traders. I mean no one is starting like pro traders in crypto space. Because, even people are gaining knowledge and experience in other trading environment, they are failing in crypto space because market volatility is highly different from other trading markets. So, you must need unique experience and knowledge to sustain in crypto trading. Yes, it is inevitable for every trader to go for those cycles of events.

I was into forex trading before still I am not actively trading in crypto space. I'm just holding are making long-term based trading alone which are more than enough for me to make more profits than what I was doing with forex trading.

Theory and application must be tandem. Theory alone can exist but you'll have it as a theory and there will be no result upon doing so. I agree to you that it needs experience for doing it.
Because if you don't have one, you'll have hard time to think of the strategy and you can't improve any skill being a trader.

Getting skill in exchanging must have fundamental information and those prongs incorporate procuring information and securing encounter,I think , you as of now have the get primary skills in trading which you'll be able still make strides since learning never stops and information is power as for the second prong which is procuring encounter, you've got to induce within the field and attempt to exchange, go for littler sums of exchange or hone in a recreation which is hazard free.

the two-pronged approach you mentioned is very valid. because as I know today there is no professional trader who is successful from the one-branch approach. but a bigger percentage is experience, because experience is usually run based on actions. maybe the experience should be improved

You have to have knowledge about the main key players which are technicall analysis and the fundamentals .Try getting a demo account and practice what you have learned so as to have more experience and lastly get a proper risk management to avoid losing your capital.

You would improved yourself through experience which does simply means that getting involvement or engaged into a particular things will really be molding you as a better one as the time goes by.

It isnt something that can be attained in a short span of time but it would take years for you to have some good grasp on any particular career. Learning is on the process as you go ahead and

making out plans is should really be in default rather than making out steps without proper basis or plans is just really like on making gambling.

its good to read books so that you can broaden your knowledge but also you need a mentor which is very important. you need to do more of practise and trade consistently. all this wont happen within a short while, you have to be persistent with it.

As trading is not all about luck like what we did in gambling, it needs deep knowledge and skills. Because those who are in this field for many years hs still suffered mistakes and losses, that much more if you don't have anything.
Reading books as told by OP is one way to help us gain knowledge but we don't just stop reading only, we can gain more through experience and also to ask ideas from other traders.

Exactly, It's a good plan for learning trading. You can learn trading in many ways.So Article books are very special to learn trading. When you want to trade then you need good experience about trading and also need to trading signal.Makes good plan and make good profit by trading.

Experience is what allows us to learn and improve. The better we look at the depths of our experience, the fewer mistakes we make.
Therefore, it is extremely important to have as much experience as your own and someone else's.

You have a point mate theory is nothing when you do not do actual trading we need to act every theory to collect learnings and avoid some losses in the near future, if we dont loss we cannot become more matured on our decision, and I think all of the trader loss on thier learning stage some profit or capital in the early stage of thier trading career.

You never get experience if you never tried to trade. And reading books, watching online tutorials, these things are not enough to educate us but to bring this into reality and applying all the knowledge we got from them in actual trading. In that time, we can figure out which one is effective and which one is not. Because what we have read and seen online, has a huge difference when doing it IRL.

Learning is a significant thing that we can do before doing trade in cryptocurrency. If you have already learned by reading different trading books online or offline, you have also finished watching different videos about trading then it is time to make it actual to gain experience and apply what you have learned. You just need to start in a small amount of capital while learning the actual trading. You should learn the price movement and graph. In trading, it is necessary to learn and understand both technical and fundamental analysis in trading.

Experienced still the best teacher in anyhow, even you have all the written fundamentals but without
applying it and without the actual experienced there's nothing that you can learn from it.

There are many traders who loves to explore they are trying or experimenting strategy from time to time, knowing that
with the right system the opportunities are good,.

Learning things from your in hand experienced gives you the advantage to properly assess what to expect when your indicators shows up.

Not just better decisions are the essence of experience but with experience, you also learn how to remain composed and avoid stupid trades in frustration. When I came into crypto-trading and market moves down I used to be so frustrated that I would make some bad decisions like gambling at night to cover the losses and even buying some coins which I don't even know.

I don't think anything you do can compare to experience in crypto because it is just insane for anyone to remain tranquil when they see their portfolio dropped to half within a week. But when you go through such times continuously you understand that such things are perpetual and slowly get used to it.

true, experience is the best teacher...

starting for trading is not difficult, we only need to learn the basics, it's just that to keep doing the trading is quite difficult because many people find it difficult to learn from experience. so keep trading with caution.

Yes it is.
You can a lot of money if u can hit the right target in the market.
You can make thousands of dollars by Trading if you are good enough.
So keep learning.

I wouldn't give that description because you'll never know how much the capital of the potential will start. As a newbie, I don't want to encourage them to think about that high profit that they can make.

I'll urge them to learn it first because later it will be rewarded if they have learned to trade the right way. But it would only possible to happen if they've gained experience that will help them to trade with caution and wisely.

Exchanging is no-halting learning, each exchanging experience fills in as a learning cycle. We may lose, we make a benefit, we even gain more from these things and that is an apparatus for us to improve and prevail later on. That will give you more experience then you can gain from it. That is the significant thing in exchanging, you need to learn numerous things on it and whatever you've learned through perusing.

I am in their need of 500usd to topup my account. i think in the worst period of my trading of the year. i never know how i managed to pull loads of money here but i am currently down seriously by 60% and may fall below if things don't work well. i just need to resurface back.

I cannot say its wrong dude, all is depend in your hands decision actually. Besides, there are a lot of way for us to learn trading here in cryptocurrency or bitcoin business. But in my own assessment, it is better for you to start with reading here in the forum, you will learn a lot things here just like what you did now you asked? to find out if you the things you are planning is right or not something like that.

Trading generally is a good venture irrespective of the market you choose to trade be it crypto, stocks, currency pairs etc. Life has evolved and many people tend to get their source of livelyhood from online activities in which trading happens to be a key industry for most of this persons. Giving this a try for me is really encouraging. Been prepared for what ever you would encounter in your early days of trading is another thing to watch out for. Trading isn't a holy Grail and as such you should be expecting lots of losses before you would then appreciate your profit margin over time. Welcome to the hood.

This was a topic started 2 months ago, people are still giving advice, if OP worked on his trading for this past 2 months and traded he would have probably been a decent trader by now. By the way we were in a big crash so do not be worried if you didn't made any profit, there are times when Warren Buffet declares a loss as well so there is nothing to worry about, look at 2008 or maybe it was 2009 I do not know Warren Buffet (or basically berkshire hathaway) lost money that year, and a good chunk as well not something small, recovered and then some later on but he did made a loss.

So everyone loses when the market is bad, do not be worried about that, it is about making a bigger profit later on and recovering the loss and then make some profit is the key. So let's say you start with 100, your goal is to have 1000 in 5 years, if you do that, doesn't matter if you reached 20 at some point.

and of course the theory will be meaningless if we do not practice it, in other words the best teacher is experience. we have to trade a lot and evaluate every transaction that we trade, so that later we can become traders who can recognize the characteristics of the market

learning on youtube? yup i agree with you, because youtube can now have a lot of knowledge about trading, because many make videos about how to trade,
but if you don't apply it and don't try it then you will never be able to trade, this is it, indeed if we see people trading seems very easy to get profit,
but it will be difficult if you try it yourself, yes, failed? natural, because failure is the beginning of success

Every business needs a lot of practice so the more practice you have the more qualified you will be and the more profit you will make. I have Saran that i started trading one year later and i have been researching trading for quite some tim. Business requires practice as much as money. However to get something good out of the crypto market you have to constantly fight.

I have very different thoughts about the ways of trading, personally I really like to follow Wyckoff's theory and apply all the teachings of Jesse Livermore to the market, his way of thinking and how to attack the market when it comes against my trades, among other things. Also many traders do not really know how to distinguish when to speculate in the market and when to invest in the market, since the terms are very similar but have great differences, this article is very good to understand how Buffet's teachings can be also applied to the crypto market:

Take a Page from Buffett’s Playbook with Bitcoin Options from Hedget

Source: https://www.newsbtc.com/news/company/take-a-page-from-buffetts-playbook-with-bitcoin-options-from-hedget/ (https://www.newsbtc.com/news/company/take-a-page-from-buffetts-playbook-with-bitcoin-options-from-hedget/)

These teachings are applicable to the market, not only of BTC but to all.

To be hinest i am trader since 2016, since we only can deposit with liberty reserve. The trading is not all about technical skill. The most important thing is the " mentality " of the trader and the " risk management ". You could buy the best book in the world which promises you the best technique but you will be lost if you can not manage your risk.
The mentality also can bring a result to not FOMO when the price up. and you can clearly saw where the market possibly move after.

And even if you fail, just do it again but learn from the mistakes but always remember to know the time to quit since you have a limited funds and you don't want to drive away your social circle just to pursue something that you failed a lot of times.

Well, I hope it works the 2nd time around otherwise, you're definitely out from trading.
And talking about funds allocation, if you just have a limited/small amount to risk in trading, better not to try this thing. Why? I am just afraid that you lost them all before you learn to trade.

Trading is not all about learning from our mistakes, it is a need for us to know if we are in our comfort zone and if trading is totally what we wanted. Some just pretending to be okay but deep inside, they even ti struggle hard to find themselves in trading.

It good to learn trading by practice of trading.Because trading is  practice procedure.You can start a trading with a inversement of 10 dollar.Because if you lose of 10 dollar is not a huge loss.Even u can buy any impotential coin, when the liquidity of that coin increased in trading exchange. You can get back the huge profit from it.

Yes we can learn trading, basic charts, market news etc. But trading has been a good job for the person who has accumulated experience over the years. With experience you can predict the chart and price very well. So learn some tricks and give time in trading will be beneficial for future.

Well, your actually in the right direction  should you choose to study and make researches on trading techniques. Its a vital step towards knowing but then, trading is a practical thing and trading in actual can't be over emphasised enough to show how serious it is except for the fact that, many tend to shy away from trading because of the risk factor involved. Being too scared to loose becomes the beginning 9f your downfall. Its really bad yo loose but instead of being scared of loosing  your fears should establish for you a safety procedure to go about your trades and you should take your analysis very serious, ensuring you do it before taking a position in the market. Read and practice for you to be a better trader

Building a career in trading is good! I am sure you will find a job very quickly after your certification! Trading cryptocurrency is however very delicate and require expetience and fundermental approach to analysis of trading! In cryptocurrency, 200% in 6months is a failure for some traders whereas, 200% in 2 years in other market is a huge sucess!  Trading  can be exhustive but you must know your onions!

The thing with learning is that you don't know you've really learnt something until you've practiced it. While I am not against the fact that you should actualy take time out to learn trading, it would do you no good if you don't practice.
So as much as you want to trade, you should know that you'd need to practice trading. I'd suggest demo trading if you're just starting out but then you wouldn't be under the real pressure of trading. So the best thing is to use an amount of money that you can afford to lose and practice trading.

but the crypto market also has a greater risk, because with great volatility it will certainly make the value of our assets go up and down drastically. I think 200% is a good number in the crypto market or otherwise, because it all depends on each individual's R&R calculations. and for a long time like that, of course, something that must be fought for, especially as a novice trader

In the event that stock or forex exchanging, you can begin with demo account, you can begin with watching exchanging recordings if crypto, there are a ton of recordings accessible in any event, for the three kinds of exchanging. By perusing you will for the most part find out about the hypotheses and those speculations don't work the vast majority of the occasions since the market developments are significantly more confounded than them.

Is a demo account necessary for a beginner trader? Link to the thread: https://bitcointalk.org/index.php?topic=5341101.msg57127761#msg57127761 (https://bitcointalk.org/index.php?topic=5341101.msg57127761#msg57127761)

I think it's a great plan to learn about trading! Let's not go into how you plan to do it... with demo versions or with some initial capital! Will you start with Bitcoin or some other coins, will you try following some trading signals... Any path can be a good path, in the end, everything depends on many factors! What's important I think is that trading can be anyone's side activity! Nobody is forced to trade every day all day! You can be a short and long-run trader... you can adjust your trading with your free time! There's a lot of activity around the globe, so any time for placing orders can be a good time for trading with some coins!

Learn how trading works, and most importantly learn how to make it work (to be profitable) with the time and money you have!

When we are tending to deal with trading then we shouldn't really make hurry for ourselves to make profit but instead be mindful on how you would sustain yourself
into this market on the strategies and ways or methods that you would use along the way.This should be your priority rather than focusing itself for you to make money or profits because desperation would really come in the way if you do have this kind of mindset which we should really be lessening it out. Sustain is all we need
because once we do get sufficient experience,skills and knowledge then for sure we would really make profits as we go ahead and that what matter most.

I agree demo account is very important, especially for newbie. Because what must be understood is trading is not just buying at low prices
and sell it at a high price. Trading is more complicated than we think, so in order to understand trading you must learn to trade well. We must
plan as well as possible how to learn to trade, one of them can use a demo account to find out how trading works without having to use real money.

I looked at the prices, i think they are way too expensive. Today you can even watch very high quality videos for free on youtube that will convey a certain basic knowledge. So, personally, I would never buy anything like that

There is always room for learning and there's no harm in trying new things but you need to also know the risk involved in trading and you should try to focus on the kind of trading you want to learn, we have Fx, stock and crypto trading whatever you chooses to learn go deep into it but don't make it a career; no one is a successful trader it all gamble.

I highly disagree on that bolded part that i have put up above on where in talks of career then it can really be possibly be done Hence lots of traders had already make this as a full time job and this is indeed risky but doesnt literally means that this is gambling.

It is just really depending on how you do deal with it because there are people whom really thought that trading is just simple as it sound but once they had step their foot in then they would really realize things.

If Trading couldnt be a career then you wouldnt see successful ones into this market if its all gamble.You can choose neither you do go full time or not.

you need practical learning as well I think. I would encourage you to go for backtest and papertrading for months and see how you are dealing with past trends, reversal, etc and also try yourself out based on live data as well. see what are your weaknesses and strengths. Then I would suggest you start with small steps on real trading. Improve your emotional durability and improve your trading discipline.

^ It is definitely right and you have a point on this, a backtest could definitely improve your skills in trading and experience like you are in live trading. You can do it on tradingview.com and experiencing those technical analyses that could possibly happen. But believe me or not, there is no guarantee of making a profit in trading, so prepare yourself for the circumstances that will probably happen. It could use a small amount to test your ability in trading and then go for the amount that you can afford to lose. I think the most important is the trading plan and always stick to the plan whatever happens to the market price.

Its really great idea to learn about trading and this skill will pay you for life.There are many tools to learn but the most important point is concentration and sincerity.Social media is great platform to learn , perusing books, hearing from dependable sources of data is fair a way to building a solid exchanging establishment and you right.Trading is not an end learning process, every trading experience serves as a learning process.Trading is all about some time will achieve expected profit and also chance of loosing but never forget to put stop loss to minimize the loss.Pas experience is an asset must learn from past mistakes and avoid to repeat it.

Sets of virtual trading or simulations.

From that, there will be an understanding of how trading really works and how much you can gain and lose within a span of minutes of committing your trades.

And as the real trading starts, always start with a small amount. So if you lose, you'll get the knowledge and lesson but will be fine losing that money.

Thats a good approach to learn trading first through books and courses. You have completed first step of mastering trading. As a next step, invest small amount of money and try to implement things which you have learned and see whether they work or not. This will help you in creating your own investment strategy.

Courses and tutorials are definitely a good way to get started but you will also need real experience in trading because that's when you will learn how the market behaves in real life.
I did the opposite and started trading without any knowledge of it and ended up in losses. Although I lost I did get a good exposure on trading.
Then I learnt how to trade and started trading again. I ended up in no loss no profit since I lost half of the trades and made profit on others.
I am learning more these days and hopefully start making good profits in near future.

Write ups and theories wont really be much effective if you wont really experience for yourself on the market and that's the way on making out trades even on a very small amount which you would just simply test out on how the platform works or about terminologies and other aspects.

Learning trading isn't something that anyone could achieve because it would really takes time and lots of effort before you would able to reach a certain point on where
you can already sustain yourself on playing with moving prices.

There are various ways of trading and its up to someone on which one they would much prefer.

It's true that without us trying it directly, of course we won't know what we learn is just in vain or is it successful.
and indeed my advice is the same, namely when you try it use a little money so that when you fail you can learn it again,
what is clear is that learning to trade is not easy and requires a lot of effort

Delete

learning is the key to success for business people. The more you practice a business, the more qualified you become. I know it took me many years to learn trading and within that i lost a lot of money. Also now I am more busy with trading because i am fascinated by the low profit every day which is much better than investing.

Learning has never been bad but it will be bad if the books are for sale at a higher price and you as a poor person don't have a money to afford it but you can look for alternatives and there's must be something that are good but cost cheaper or even better if it's free .
Learning trading doesn't need to be expensive and theres no real guarantee that you will not incure a loss after you own those books .

Reading courses online and attending classes will help op trading career very well, if op has choosing to be reading courses for him to be a successful crypto trader, that's fine and I support him to do so. Besides, not all books are expensive and the little one you buy will at least reach you what you haven't known before about trading, I have not choosed trading because I haven't learnt the basic tools needed, I prefer holding because that's the way I think I can be successful as a crypto enthusiast.

Reading books and taking tests like CMT is all good. At the same time, you need some real practice too. To know whether your ideas are worthy and will work in live trading, you can try them out in demo trading platforms. You can check out brokers like turnkeyforex for demo trading, where the only difference is the use of virtual money. And it takes a few minutes to open your demo account without providing any financial information. You can use such resources to solidify your trading career.

Taking real practice with real money is the best of them all.

Those theories, strategies that you've read with the books will be applied. Having the actual trading experience will build yourself confidence and will learn the mistakes that you will do.

It won't hurt you to try with little amount as this is the beauty in trading, you don't need that much to start.

Trading as a career can be considered a good medium if you can master it well. There are various means of trading such as forex cryptocurrency and stocks. If you can gain experience and the right skills in trading, you can certainly succeed financially.  However, gaining skills in trading is not an easy task as you need to gather information from different sources and practice them in the long run. On the other hand, since the risk is directly involved in trading, it is important to exercise caution. So it can be said that learning about trading is a good idea and it is possible to build a successful career through it.

I firmly believe that no plan that is meant to learn is a bad plan. Regardless how big or small that thing that you want to learn, it is a good plan. But of course, when it comes to trading it is important to have an actual experience in order to learn on a deeper context and grasp the whole process. So yes, in text learning is important but so is actual observation and experience.

Demo accounts can be a decent way for you to familiarize yourself with the platform you have chosen to trade however besides that I do not see too much need for demo accounts and the reason for this has to do with the fact that since you are not using real money then you are not going to face the same challenges that you will face when you are actually trading, so while you could apply your strategy perfectly when you are trading with your demo account you may find this to be impossible for you when you are finally trading for real money.

Learning any new skill is always worth it. Just make sure you don't give up your job and full time trading until you have a solid plan in place and at least some savings to help you cushion any unexpected situations. And don't use leverage until you consider yourself at least not a novice.

mastering trading skill really give us financial freedom, everytime everywhere we can earn money by open a chart and open transaction. Alot of people hope they could be an expert in trading world, either in forex market, stock or even cryptocurrency market. we have more time for family but we also could have alot money too, really work that dreamed by most people.

Another downside of family life when you trade. It seems to everyone that you seem to be sitting, clicking, laughing, like doing nothing and money coming out of nowhere. And when the exchange rate fell and you realize that we are in the red by hundreds of bucks, so it seems everyone is already worried, because you have such an important matter

As a new trader or maybe a newbie, trading is not just reading books online with the hope that it will stick to your head when you don't have a guidian or a mentor that will guide you through the journey of being a successful trader. A lot of beginner's had started like this and ended up dropping out of trading just because of frustration of losing money or maybe not having adequate information on some aspects of trading.

Sometimes the problem of not knowing what should come first might be frustrating atimes. Learning how to trade is versatile with so many information to learnt, so if you choose to read books alone without grinding your knowledge on the most important things, then you might just be running around the bush without being a good trader

What better plan do you have to get it best out of trading if you don't actually learn how to trade. Since you already indicated interest in trading (you've taken some courses), then I think it wouldn't be so difficult to master your skills.
It'll be good to practice what you learn before venturing into trading fully. I would have advised that you use a demo account but it wouldn't require you to be serious in a way since you'd lose nothing if things go south. It is rather recommended that you practice trading with an amount of money you're willing to lose if you make irrational trading decisions. You'd be more intentional about the decisioyou make if it means you'd lose something

It's because you're the one who's needed to make money. There are traders that are not the sole bread winner of their family and they're good already in trading.

If one has started while he's still young and became a trader, he'll bring it until he gets old and for sure he'll get an early retirement. That's how trading goes for a family person.

Certainly, that’s one of the good things with forex trading that you don’t need a big amount to start. So many brokers allow trading with as little as $10.

That's a good plan but if you want to solidify your foundation in trading, you might want to experience trading too and there's a lot of paper trading or demo trading out there that you can use to practice trading without any worry of losing money and there you can try anything you want without any worries.

It is a good plan but just like school and graduating to have work, you won't experience the real world unless you try it yourself. Those just explain only stuff about trading but it doesn't include what you will experience doing it and how to overcome it. It doesn't even have a topic about risk management which is important to learn when you want to trade. Some traders I know only knows the basic fundamentals but they still do good in trading. To be a good trader for me is not just all about good in fundamentals or theories but also good in dealing with their own emotion too.

This is definitely a problem, as we know the pandemic forced a lot of people to work from home and while this was good in order to avoid to expose yourself to the virus, working from home has always had some kind of stigma, basically people think that you are being lazy by not going to your workplace and just working from home, something that could not be further from the truth and if you are your own boss and you are a trader this is a stigma that will be there with you and maybe even some family members will think the same despite this not being true at all.

Yes i think because if you want to make profit from the crypto market then you have to learn crypto trading for making a good profit. Because if you invest some money in the market then profit comes in few ways like staking or holding and trading but holding or staking for long time but if you expert in crypto trading then you can make profit within short time of period. So i think for learning trading will be good plan for future benefit. So if any one wants to make money in the crypto currency market then learning trading is more important.

When you gain knowledge then it cause no harm to you.
Rather gaining knowledge makes you more smart and intelligent.
But I would say here in Trading this book is of extra thing.
I can understand that you want to do trading as full time, but still no use of that book and articles.
Many great traders learnt trading themselves through experience.
So as you start trading you will gain knowledge and experience and you will succeed soon.

Learning about crypto trading must be a long process but out of hurry most people are missing out most important aspects of preparation of trading; risk management and emotion control are most important things in my opinion as well but people are giving priority only for technical and fundamental things and leaving off others to learn when they come into real market but I believe that cannot be a right approach for making one person to be a successful trader in this crypto environment.

Newbie traders must take time to analyze what are the things they need to study before plan up for the learning process of trading. So that they will not miss any of important aspects. Covering everything alone will get sufficient knowledge about successful trading.

Its very important because people have made millions by trading. Only that you should take your time to learn the skills first and secondly you have to be very disciplined

Well to make it short I think studying about trading is good enough and you also need to trade in actual like basic trading and take note of you still a newbie never use big funds for you are still in a learning stage it is more safe for you to do trading with a small amount of capital only used a big capital when you are on a middle stage, it also need times don't make trade in a rush way you will always end up losing.

As learning is the basic of trading, if you don't know about the coins and don't have to analyze them then definitely you don't have to be in profit. The main thing is that you got some benefits from these books which eventually be a better solution for you to get profit.

The bottom line of trading is to have a knack and success in trading so as to realize the gold mine at the right time.

With the present years and the emergence of the blockchain technologies like Bitcoin, Ethereum and Ripple, the market has been made abundant with many coins and tokens. So, it is a good idea to try new strategies in trading by learning from the good experts in the market. Once you know the best strategies, then you can start to trade and become a good trader in crypto world.

If you want to be a good trader you should learn and read and analyze the coin. because you can see most of the top trader whenever, they are predicting some coins they first have to analyze them, after that their prediction is right at a certain percentage. So, it is  a good one i hope it will help you,

Thats book of reference is good, but trading is not only about read a book, its need time to sharpen your skill, and need a lot of experience and finish with how you mix all of that to be your style of making profit from trading. So IMHO, if you wanna make career in trading, just go on, take some book as your reference, and start learning by doing.

To learn trading it is a good combination to have theory and experience about in trading actual in the platform.
With these two, I am pretty sure it will become your edge in the end were you can able to earn a lot in the future.
And this will depend as well in your determination to learn well too.

anything related to learning whether it's through books, web or videos if it's really good and can help then that's a good thing. as said by reading it is a good start where to start trading does need good knowledge. trading is not something that can be done haphazardly, it needs analysis and also confidence in living it so that we are not swayed by the crypto market that sometimes goes up and down. To be a good trader where there is always a willingness to continue to learn and deepen skills in trading.

Crypto-currency trading is  huge profile business. This is good for you if you can learn it perfectly. Because through it you can earn a lot of money sitting at home. So i support you. It is a good plan  for learning  tradning. however it must be remembered that. Crypto-currency trading is high risky. So you have to Start trading with careful

Since trading is a long process of learning, accumulating knowledge about it is the first capital that we should have because it isn't as easy as everyone thinks. It has lots of risks especially if we don't know how to deal with the changes in the market. Having the eagerness to learn everything about it would be the best decision that we could do to pursue it where we're fully armored with knowledge about it.

I agree that any source for learning about trading is a good plan. You're doing your best and you're getting as much as information that you want because you're thinking about how you're going to learn more about trading so that you can also improve your trading strategies.

The learning never stops because it's very essential in this market that keeps moving forward and where there's always a new trend.

Starting with small amount of money is a good plan for learning trading in the market. When you start with small amount of money, it will help you to know where and where you need to improve in the trading system to enable you enjoy suitable profits in the market. It will help you to see the way others Crypto traders are displaying with their massive profits making in the trading center.
Experience is a good plan for learning trading in the market.when you experience so many challenges in Crypto trading, it will give you more strength in the areas of trading and how to make a good profits from the market.

Before starting anything its better to learn it properly. Just like before you start trading you must learn it well and it is a very good plan.  Because we don't want to lose our hard earned money. Don't trade with only emotions. Do well research before investing in any project.

Getting experience in trading matters a lot and can be beneficial in all aspects of trading for you or some other newbie who want to start trading , and experience comes with getting more involvement in trading , whether it gives you profit or loss at the first but you should learn something from your past and just move on there.

If improving your trading career by adding insight by reading books and articles is also a great way. Noteworthy is the commitment to study and practice in the market, trading skills are formed when theory and practice are often carried out in the field. This is a good plan, the theory that has been obtained is immediately implemented in the market.

increasing the knowledge before trading is a must, whether it's through books, web or forums like this. if it's really good and can help in trading then study it well. increase knowledge about trading so that we can do well and get the profit from it. even a professional trader always increases their knowledge so they don't stop there because the crypto market continues to grow. So it's a good plan considering it's the main thing before trading.

I think it's a good plan before you start trading. Reading books, seeking as much information as possible about Bitcoin from various sources is important so that you will understand Bitcoin better later. Because at this time there are many novice traders who just follow trading without having knowledge and instead they experience continuous losses because they are confused with the existing market conditions. Not knowing the market strategy and the best time to buy or sell their coins, they even experience the same mistakes over and over again because they don't analyze previous mistakes.

Reading books or reading other sources neither offline or online would really be significant into your learning and  this will add up on your awareness on how this market works knowing that it is way too unpredictable.

And the rest of things will depend on experience itself because theories wont really be enough on calling yourself to be a good trader.Of course you wouldnt really claim or gained these things if you dont have actual

experience towards the market and this would take a long time or cant really be done overnight which most people been seeing on that way which is very wrong.

of course, learning trading is a good plan....you must have heard many stories of successful people from trading, trading is a good skill to learn.  It's important that before trading you must learn the basics first, then practice by trying to trade using small capital, and you also should not be greedy when trading.

It's a good plan for you to go through the books , when we go through books we learn things , we know more from it's contents. I'm sure going through it will of advantage to you even if not now but in the future.  Going through books is not a waste of time but it's an achievement.

In fact, one of the books that I recommend the most is those of Wyckoff and Jesse Livermore, they are a selectivity for me, for those who want to learn about the trade, these are eaten, it has helped me a lot to understand many market situations, when a whale enters, or when institutional investment enters, even sometimes it can be determined that the market moves by people's emotions, all these things can be determined by the proper use of books, at least that selection has me helped a lot, and if combined with technical analysis it is something bigger still.

always refer them which way where they can easily learn trading.. Because it's useless if you're just saying something but pointless, i mean you said a hundred words but they cannot get what your trying to say. Lol .. It's always good to emphasize everything so that they all know what will be the steps to adopt trading..

For me these steps will be the right guide for newbies.

°read some information around the internet what is the
most important to remember when it comes trading especially when it comes crypto trading and the advantages and disadvantages of course.

°create a demo account and watch some tutorials in youtube. follow what their doing and make a list for the import things to remember..
°for indicators.. Learn it one by one but make sure those indicators are very useful, make research and put it on you list..
° "practice makes perfect" . So make it as your priority

And lastly always invest time to gain more information.. I mean if you already done those steps don't stop and keep obtaining knowledge, so that you can build more strategy and you can prevent doing mistakes in the future..

Yes, reading books and getting more and more knowledge about the coins which you want to investing is a great habit of getting into trading and wants to get knowledge about the trading. Without knowing about the coins and their history and the way of their behavior you can't trade and get the benefit in a real sense. So, always take a look at coins first.

Yes you must understand regarding trading in order to remain effective in trading. It means nothing if you do not comprehend of trading when you begin. You should practice trading on regular basis. You should have acquire trading by viewing videos. You can also look for alternative ways to learn about trading. These are good plans to get profit.

Gaining knowledge related to any field of work in which you want to have a kickstart is highly appreciated move and one must do it but there is difference in having knowledge and applying it to the practical feild of work.The books, videos,and other resources can guide you about various ways of trading but it depends on you how you imply them In your own way and skills.

Studying on any platform where you are willing to invest and earn, requires a deep study / analytics before getting into it. You will not invest to buy a cycle to use unless you know how to ride it. So yes, your money is involved. Spend time and learn the basic. Do paper trading. Paper trading it the basic step to start with. Analyse and choose the best coin in the market and do paper trading. Then invest a little and have hands on experience.

Upon practicing.

Do not forget to only trade with the amount that's good to learn lessons. You don't have to be on board already in trading with such amounts if you're in the learning stage.

The plan of others may look good but application changes everything when you're already on the spot.

That's what I did, and was successful. It's like I dreamed I could do that self-taught. At least I started small and when I'm sure then I'll do it with a little bit more. The best lesson is experience, using any alication only as a starting lesson, because the real market is more than a Demo account. So you have to be serious because this is money not paper that is easy to obtain. At least if they're willing to try, not giving up it will work. All I know is that many of them surrendered in the midst of war.

Is indeed good for you to read books on trading, or even watch videos on Youtube related to trading. But, been good in trading required enough experience. I understand that it's important you have knowledge about anything you want to get into. But, after acquiring those knowledge, you then have to put those knowledge into practice. Just as the saying goes "experience is the best teacher". Therefore, I will advice you gets into trading and probably start with little amount of money.

Learning trading is never bad and can be a good idea if you can learn thoroughly in a good settings. When problem comes is when you have insufficient information about trading and blindly use it to trade and finally some dollars at the end. This may sound normal as a beginner it's wrong. Everybody must not start trading with a lose. Go learn the skill, be good at what you do. Get more skill and enter the trading world will good strategy.

Actually it's a very good idea, beside learning is the key to success in everything. To be a very good cryptocurrency trader and know the exact trading techniques, and ways to manage risks, one needs to learn about trading, so as to trade properly and earn profits.

Yes, that's right, learning to trade can be through books, web, YouTube or Telegram groups. there is a lot of knowledge that can be learned well. before trading we really have to understand trading and increase knowledge about trading so that we can do it well and make a profit. so through whatever it is as long as it can increase our knowledge about trading then it will be good and of course its useful in the future.

Knowledge and skills are indeed important as well as capital to start trading or investing.
because when we don't have those two things I think we will easily lose money,
when just starting to trade, it's better to start small because we know that crypto risks are very high

Usually people who trade without having knowledge and expertise only rely on signals from other people. As we know the signals from others there is
no guarantee of accurate, that's why people who are members of the trading group in the end the amount of loss is greater than the profit generated.
My advice is don't trade first if we don't have knowledge about the crypto world, as you said without knowledge it will be easier to lose money. Try to
learn everything about cryptocurrencies first, there are now YouTube platforms with lots of videos explaining crypto trading. Or if we have money
we can take trading courses, it is much better, because there is a mentor who guides us. So to be a successful trader is not easy, it takes sacrifice
and struggle, we can not become successful traders instantly.

In all honesty, I think there is no better teacher than Chart-Time. Sit there and Take notes. this goes for btcusd (https://de.tradingview.com/symbols/BTCUSD/) as well as any other asset. at least this is my experience.

if you already know how to trade and you just want to expand your knowledge of how to trade and develop your strategy I think that's great. You can develop it with books, because the paid ones will not be available on the internet for free. and also available will not describe in detail. You can also use the free one, it depends on your wishes.

On top of that, you have to apply every factor that you've said and do the actual trading. There's more to learn when you're already there and you get to face the real problems and frustrations.
That's where it will start and make you determine if you're really going to trade for long or it's just a dry run that you want to do since you've seen a lot of traders are only showing their successes.

Learning cryptocurrency trading might take different approach, technical analysis is a skill a day trader most have. TA gives you tool that helps you to set a course for yourself an avoid unnecessary roadblocks. There other market factorscyou should consider as well but TA mastering is definitely a way to go!

Yes, it is always good, but it is much better to have solid knowledge in the market, that is, for you, to have the knowledge and solid arguments to decide later which information is good and which is not, it is best to read books, but not read. technical analysis books, reading books by market speculators that explain how they faced certain market scenarios, how they made decisions and why, also in the face of a situation X why they decided they should make a specific move, that is the right way that I think it should be done to learn.