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Economy => Trading Discussion => Topic started by: Altcoins_Details on December 06, 2022, 07:57:30 AM



Title: BASIC TRADING UNDERSTANDING
Post by: Altcoins_Details on December 06, 2022, 07:57:30 AM
Hello to all the community in this forum,

    Many people request a basic tutorial here in this industry. And I also have other friends who are asking how to trade. so I made a topic here for those interested in learning crypto trading. If you have no idea about the financial market and trading, well, this can be your stepping stone, I will explain simply the things you should learn about trading. And you don't have to think that this is paid because I will do it for free and without asking anything in return, just to share my knowledge about it that's all. There are many parts to this that I will teach but for now, we will start with Basic Trading.

I know many people have made such topics, even on various social media platforms, but most of those who have seen or read it did not immediately understand it because of the depth of the words being said. So when I do this I will make sure that anyone who wants to learn crypto trading can understand it.

If people are teaching, coaching, or mentoring, there is a fee for the mentorship. But why to pay when you can study for free, It depends on the person, because there are people who find it difficult to learn something without focusing. And if you can learn it on your own and you are determined, it is not impossible because you can become a profitable trader one day.

The other trading tutorials that I see are basic but right away in trading, so people who think it's easy to trade will immediately enter the war without even a basic foundation in trading. And what will happen? they will pay a higher price, that's why in the beginner's guide I will teach all of you what you need to know about trading, So let's start.
What is TRADING? (https://www.investopedia.com/trading-4427765)
Quote
Trading is the buying and selling of securities, such as stocks, bonds, currencies and commodities, as opposed to investing, which suggests a buy-and-hold strategy. Trading success depends on a trader's ability to be profitable over time.
Personal view: All of us are probably familiar with the word "Trading" we do it almost every day of life we have and we just don't notice it. When it is said Trading it simply means "One item for another" When we bring it to the financial market such as Stock, Forex, and Cryptocurrency, it means as a trader we exchange money, shares, or coins with various traders worldwide online. But our motive why we want to enter trading is to make a profit or get money. We will buy at a low price and we will sell at a high price, a simple BUY and SELL and we will do it in the financial market. But why does the price of an asset go up and down?
Simple economic SUPPLY and DEMAND, when the demand for something increases and its supply decreases, the price will increase. When the supply of something increases and the demand for it decreases, the price will decrease. And this happens in any market in Stocks, Commodities, and Cryptocurrency.
Because of the rapid increase of an asset, traders see opportunities to buy and sell in a short period, and this happens on a daily, weekly, and monthly basis or even within a minute that you can participate in trading. In other words, Trading is making money in the short term and Investing in the long term.

Let's go to Investing,What is INVESTING? (https://www.forbes.com/advisor/investing/what-is-investing/)
Quote
Investing is the process of buying assets that increase in value over time and provide returns in the form of income payments or capital gains. In a larger sense, investing can also be about spending time or money to improve your own life or the lives of others. But in the world of finance, investing is the purchase of securities, real estate and other items of value in the pursuit of capital gains or income.

Personal view: This is the way of buying an asset in the belief that its value will increase in the future, in the form of income payment or capital gain. In many things we use the word Investment, like investing time in something is a form of investment.
But in financial words, this is the purchase of securities, real estate, and other things that can provide income or capital gain to an investor.

What investors usually look at in a particular asset is its fundamental value, if there is a potential for the value to increase in the future, they don't care about the daily fluctuation that occurs in the market, unlike traders.

What is the difference between trading and investing? (https://www.investopedia.com/ask/answers/12/difference-investing-trading.asp)
Quote
Investing and trading are two very different methods of attempting to profit in the financial markets. Both investors and traders seek profits through market participation. In general, investors seek larger returns over an extended period through buying and holding. Traders, by contrast, take advantage of both rising and falling markets to enter and exit positions over a shorter time frame, taking smaller, more frequent profits.

https://i.ibb.co/mN7ND1r/TRADING-INVESTING.png (https://ibb.co/KKHK0Rc)

Personal view: Simple Trading for short-term gains or a small profit, and investing for long-term gains or large profit. Although Investors and Traders have the same motive in entering the financial market to generate profits, they have different approaches. A trader actively participates in the market and an investor does not. A trader takes advantage of the daily fluctuation of the market to make profits while Investors is aiming for larger gains. So who is better Trader or an Investor? the answer is, it depends, do you want to be a trader or an investor? It's up to you to decide, when you expand your knowledge of the market you will discover for yourself where you fit in, be it as a trader or an investor?

What is FUNDAMENTAL ANALYSIS? (https://www.investopedia.com/terms/f/fundamentalanalysis.asp)
Quote
Fundamental analysis (FA) measures a security's intrinsic value by examining related economic and financial factors. Intrinsic value is the value of an investment based on the issuing company's financial situation and current market and economic conditions.

Personal view: This is the analysis of the intrinsic value of an asset, good investors know if an asset is under value or over value. They study things that affect the price evaluation of an asset, such as the state of an industry. When an investor notices that the asset is undervalued, they will buy in the belief that this asset will increase in the future through a simple BUY and HOLD strategy. So far how is it doing in the cryptocurrency market? In the case of cryptocurrency, the process is different, what is measured here are the on-chain metrics such as the network hash rate when it is at an all-time high, when the addresses of a cryptocurrency projects increase, and many others. Fundamental analysis is also often used in Stocks, commodities, and Forex, but so far it has not materialized much in the cryptocurrency world because it is new to the financial world as far as I know. Right now the market is mostly driven by speculation and narrative.

Let's go to the technical analysis.
What is TECHNICAL ANALYSIS? (https://www.britannica.com/money/what-is-technical-analysis)
Quote
Technical analysis is a method of visually analyzing, interpreting, and forecasting price movements using historical patterns and statistics to find potential trading opportunities.

Personal view: This is the methodology used to get an idea of where the price direction can go in the future by studying past data. Because traders believe that historical price actions in the past can indicate what may happen in the future if the price will increase or decrease. It can also be said that it is a study of mass psychology that is a combination of science and arts, technical analysis consists of studying price action, volume, chart patterns, technical indicators, and many others.

It also helps a lot in the framework of risk management. All traders use technical analysis in any market, stocks, Forex, and cryptocurrency, so if you learn it, for sure it can be used not only in your cryptocurrency, but you can also trade in other markets.

Now you wonder why it applies to all markets, they have one thing in common, Human in a world meant, the market lives on the Fear, and Greed emotions of the participants. Because when traders or investors fear the uncertainties of the market, they sell their assets at a low price, which in turn causes their prices to fall. And when they are excited because they see that the price of an asset is increasing, they don't want to be left behind and they buy it thinking that its price will increase. This is why an asset goes up or down in the market.

The Next is Market Trend,

WHAT IS MARKET TREND? (https://en.wikipedia.org/wiki/Market_trend)
Quote
is a perceived tendency of financial markets to move in a particular direction over time.[1] Analysts classify these trends as secular for long time-frames, primary for medium time-frames, and secondary for short time frames.[2] Traders attempt to identify market trends using technical analysis, a framework that characterizes market trends as predictable price tendencies within the market when the price reaches support and resistance levels, varying over time.
Personal view: This is the overall market that can go up and down, and there are two types called the Bull market and the Bear market. So, what does this mean?

Bull Market - this is the period where the increase continues, there is fluctuation but the overall trend is still up. This is the time that investors and traders are waiting for because the assets they hold continue to increase. The more greed and excitement, the easier it is to profit in the bull market and this is what most people are waiting for.

Bear Market - This is the opposite of the bull market, this is the period when the market falls, and continues to fall. This is the dreaded event of investors and traders. Because during this time the value of the assets they hold has decreased.

There are times when the market does not run up and down, sometimes it is flat and moves sideways or back and forth, or this is the so-called sideways movement of the market.

MARKET CYCLES - we have a saying "The World is Round"
this is also how the market works, sometimes we are in a Bear market and sometimes we are in a Bull market. The market will not stay in a bear market. It may take a while but everything has a limit. After a bear market, there is always a bull market. in the study of technical analysis we can easily know the trend of the market as a trader there are certain indicators we look at so we can identify them. Part 6 of this is what we will study, so far I have shared and explained only Basic ideas and understanding about trading.

So I hope this helped somehow, See u on next part ;)






Title: Re: BASIC TRADING UNDERSTANDING
Post by: palle11 on December 06, 2022, 09:08:12 AM
You have said the same thing that an intending trader, newbie or trader who lose at 99% of the time, will not be bothered to find out what is wrong with his trade. The same thing found on the internet. The thing is about passion.

If someone who intends to trade but has no passion for it, they will continue failing in it. Trading is now a profession and every profession require passion for some measure of success. A passionate trader after reading your post will make more effort to learn but that without passion will eventually wait for opportunity for copy trading or paid signal group that is no guarantee.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Ben Barubal on December 06, 2022, 02:25:56 PM
I have read a lot of tutorials regarding crypto trading, but here is what you did, I can say that you have simplified the explanation compared to the explanations made by others who have done similar topics here. And I think that is important for a viewer, especially in the matter of trading which we also know is not easy to understand right away.

I pretty much agree with most of what you said here, so what do you say, this is a lot of parts for you to do. does this mean that these parts are like a course session that you will teach and share for free here? how many parts is this Op? and what kind of sessions are you going to share here?


Title: Re: BASIC TRADING UNDERSTANDING
Post by: dunfida on December 06, 2022, 07:45:51 PM
You have said the same thing that an intending trader, newbie or trader who lose at 99% of the time, will not be bothered to find out what is wrong with his trade. The same thing found on the internet. The thing is about passion.

If someone who intends to trade but has no passion for it, they will continue failing in it. Trading is now a profession and every profession require passion for some measure of success. A passionate trader after reading your post will make more effort to learn but that without passion will eventually wait for opportunity for copy trading or paid signal group that is no guarantee.
\
When you are just trying out to trade just because you've seen that others been making or showing some good or big amounts of their results then you would really be ending up on this way which is indeed true.
To speak out then you should really be having the passion so that you wont really be making those desperate movements or trying out to rush up things because you are in a hurry
on making profits which is really that a very wrong move or mindset to have as a trader.Take it slowly and try to learn up things in a slow pace manner.
Profits doesnt really come on easy way and it would really be needing that ample time for you to find out.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: OgNasty on December 06, 2022, 07:56:26 PM
The most basic form of understanding when it comes to trading is that there is a sucker in every trade.  If you don't know who the sucker is, it's you.  This saying seems especially true when it comes to trading cryptocurrencies.  You either understand that things like FTT or LUNA were scams created to alleviate you from the trouble of holding onto your BTC.  My advice, hold onto your Bitcoin and don't get involved in any trades where it isn't clear who the sucker is.  Personally, I think anyone willing to give up their BTC right now is the sucker, so unless you are overinvested and need to sell to pay bills, hold tight to your coins and avoid being the sucker.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: palle11 on December 06, 2022, 09:13:04 PM

does this mean that these parts are like a course session that you will teach and share for free here?

OP has said he would share for free about the teaching and I hope he keeps to that promise and not change after a while on it if he sees followership. You know some people do that as start to entice people they do a show of such to showcase what they do but later when they grow in customer base then they change from what they did freely but lets see what it will be in op's case.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Alpha Marine on December 06, 2022, 09:53:46 PM
You have said the same thing that an intending trader, newbie or trader who lose at 99% of the time, will not be bothered to find out what is wrong with his trade. The same thing found on the internet. The thing is about passion.

If someone who intends to trade but has no passion for it, they will continue failing in it. Trading is now a profession and every profession require passion for some measure of success. A passionate trader after reading your post will make more effort to learn but that without passion will eventually wait for opportunity for copy trading or paid signal group that is no guarantee.


Lets say a person wants to go into crypto and he does not have the passion for trading as you say and he also doesn't have the right amount of money to be an investor what does he do?


Title: Re: BASIC TRADING UNDERSTANDING
Post by: GeorgeJohn on December 06, 2022, 09:55:06 PM

does this mean that these parts are like a course session that you will teach and share for free here?

OP has said he would share for free about the teaching and I hope he keeps to that promise and not change after a while on it if he sees followership. You know some people do that as start to entice people they do a show of such to showcase what they do but later when they grow in customer base then they change from what they did freely but lets see what it will be in op's case.
Actually from my understanding everyone has it own ways of understanding or giving out information concerning cryptocurrency trading, but i want us to know that the information that's obtainable in the cryptocurrency industry always be ascertain with money, and the one that is not useful always pass by freely.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: sheenshane on December 06, 2022, 10:58:35 PM
There are a lot of people who say, trading is very easy to study and give analysis but when it's actual trading, it's tougher than we expected.
Trading isn't for everyone and those people who haven't passionate about trading won't really understand what's trading though you teach them what is basic in trading.

I would rather go into investing because I feel safe in that way and less risky than trading, all you've to do is to wait until the bull market comes though the profit isn't determined in exact time.

There are a lot of tutorials now in trading that you can simply understand on Youtube, I prefer watching tutorials to reading articles.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: palle11 on December 07, 2022, 12:51:04 PM

Lets say a person wants to go into crypto and he does not have the passion for trading as you say and he also doesn't have the right amount of money to be an investor what does he do?

I'm not a fan of how much you have to start trading because whether large or small capital what matters is knowledge and attitude towards the business you are doing. Think of this, if you get any particular trade order you start the chance of increasing your liquidity rate, your capital grows and if you miss it the money will reduce. If you consistently get your order right that means consistent increase and a consistent loses means consistent reduction, so which is better? Knowledge is better than large capital size. Knowledge does not only mean your ability to puteup an order but the technique to trade like money management and use of leverage, stop loss etc.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: so98nn on December 07, 2022, 06:56:37 PM
Great efforts making this valuable topic. The fun fact is while making such big topics we learn more it ourselves rather than the other readers because I know how much we spend on making such huge topics and by reading them over and over again.
Most of the points and your personal views are valid. No doubt that every trader has to be evaluator of every factors in the trading market. For example whether it is technical to factual analysis or just a simple logic behind the stop loss we all have to study it and execute that particular plan of action based on them.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: doomloop on December 07, 2022, 08:42:01 PM
There are a lot of people who say, trading is very easy to study and give analysis but when it's actual trading, it's tougher than we expected.
Trading isn't for everyone and those people who haven't passionate about trading won't really understand what's trading though you teach them what is basic in trading.

I would rather go into investing because I feel safe in that way and less risky than trading, all you've to do is to wait until the bull market comes though the profit isn't determined in exact time.

There are a lot of tutorials now in trading that you can simply understand on Youtube, I prefer watching tutorials to reading articles.
Huh? It was the opposite that I always see actually. Many people are saying that trading is hard or risky. Those who say that trading is easy are maybe a professional trader already. Each of us are still different. Some are just naturally intelligent and can understand things easily. They don't know the struggles of a normal individual. When it comes to learning materials I think it still depends on the source.

There are youtube videos which are hard to follow while there are articles that is well written and easy for the readers to follow. In fact most of the articles that I have came across online are more complete than in a youtube video.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Mr. Magkaisa on December 08, 2022, 03:13:57 AM

There are youtube videos which are hard to follow while there are articles that is well written and easy for the readers to follow. In fact most of the articles that I have came across online are more complete than in a youtube video.


   - I support you and I agree with what you said here Sir, actually, almost all video tutorials that can be found on youtube, are not easy to understand immediately by a novice viewer who wants to learn crypto trading or Forex trading.

So I think, what OP did today on this topic, may help anyone who wants to understand basic trading in cryptocurrency, because mostly the explanations he said are true. Let's see and watch for the next part that he will teach if it's good or not, let's follow it since he will do it for free based on his story.



Title: Re: BASIC TRADING UNDERSTANDING
Post by: pegit43372 on April 05, 2025, 09:30:31 PM
Hey there! I’ve been investing in cryptocurrencies for a while, and a colleague in Canada suggested I try token tact canada https://tact-token.com/. The platform’s real-time predictions and automated tools have made my trades much more efficient and profitable. I’ve been able to make informed decisions faster and with more confidence. If you want to make smart investments in crypto, token tact is the way to go!


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Josefjix on April 05, 2025, 09:50:56 PM
You have said the same thing that an intending trader, newbie or trader who lose at 99% of the time, will not be bothered to find out what is wrong with his trade. The same thing found on the internet. The thing is about passion.
Passion is what makes a trader to be depositing into crypto account to place a trade even when she's still loosing, passion makes it easier for trader to look at charts, place order even when his eyes are closed. When a passionate trader loses, he's happier, when he wins, he's more happier. He sees nothing wrong in crypto ecosystem at all and loves every little dip and cherish every little rise in price.

Such passionate trader is the only user that could be successful in the game because he's going to pay every price needed to be profitable in the crypto industry.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Lida93 on April 05, 2025, 10:21:59 PM
Hey there! I’ve been investing in cryptocurrencies for a while, and a colleague in Canada suggested I try token tact canada https://tact-token.com/. The platform’s real-time predictions and automated tools have made my trades much more efficient and profitable. I’ve been able to make informed decisions faster and with more confidence. If you want to make smart investments in crypto, token tact is the way to go!
For anyone who wishes to take a walk into this shared info. My advice is you be careful not to fall into o scam. Am not saying this is scam but it just could be or not especially when such offers are being introduced by newbies who just came into the forum.

In recent times some people have given a trial to suggested platforms of this nature and the outcome wasn't good. Be guided.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Zoomic on April 05, 2025, 10:51:28 PM
Last seen on December 17th, 2022. OP disappeared after creating such a useful and easy-to-understand topic that would help newbies grasp the basics they need to know about trading in just a few minutes.

After learning all this about trading, newbies should take note that the desire to gain profits from trading is not enough, they still need to learn some risk management strategies that will help them mitigate the risks involved in trading.

In most cases, they also need to be patient, committed, and dedicated to truly reach that level where they will be happy they chose to trade.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Bushdark on April 05, 2025, 11:25:30 PM
Last seen on December 17th, 2022. OP disappeared after creating such a useful and easy-to-understand topic that would help newbies grasp the basics they need to know about trading in just a few minutes.

After learning all this about trading, newbies should take note that the desire to gain profits from trading is not enough, they still need to learn some risk management strategies that will help them mitigate the risks involved in trading.

In most cases, they also need to be patient, committed, and dedicated to truly reach that level where they will be happy they chose to trade.
This is a very useful content for many people that intend to be a trader just like you. It's not just for the newbies alone but for many who are longing to become a trader. Trading and becoming a successful trader is more of our personal self because of you don't build yourself, you might be surprised that you will keep losing more contents you should have used to improve your profitability.
I am fully aware that traders have a lot to learn even with that, it's good to mix knowledge because that is what will sophisticate our experience and make it work for us.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Bitcoin_Arena on April 05, 2025, 11:58:50 PM
Hey there! I’ve been investing in cryptocurrencies for a while, and a colleague in Canada suggested I try token tact canada tact-token.com. The platform’s real-time predictions and automated tools have made my trades much more efficient and profitable. I’ve been able to make informed decisions faster and with more confidence. If you want to make smart investments in crypto, token tact is the way to go!
This coming from someone who was just asking about  free or low-cost trading simulators (https://bitcointalk.org/index.php?topic=5537378.0). Why do I have a feeling you are a scammer who is trying to advertise your scam here?
There's nothing like AI trading bots. The platform is only built to steal from gullible users.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: SquirrelJulietGarden on April 06, 2025, 03:24:13 AM
Knowledge does not only mean your ability to puteup an order but the technique to trade like money management and use of leverage, stop loss etc.

For example whether it is technical to factual analysis or just a simple logic behind the stop loss we all have to study it and execute that particular plan of action based on them.
OP wrote a long education topic on Trading but there is no single point about Stop loss. It's a big missing important information for traders because Stop Loss order is vital for traders to set it up, and defend their initial trading capital as most as possible. Traders all have to know that they must have trading capital for trading, and if they can not protect their trading capital, and lose it, they end their trading career sooner than expected.

Awesome Crypto Trading. (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading)
Learn Crypto Trading. (https://github.com/learn-crypto-trading/learn-crypto-trading.github.io)
About Stop Loss order, it's one of best weapons in Trading. (https://bitcointalk.org/index.php?topic=5173189.0)


Title: Re: BASIC TRADING UNDERSTANDING
Post by: jaberwock on April 06, 2025, 06:26:49 PM
Passion is what makes a trader to be depositing into crypto account to place a trade even when she's still loosing, passion makes it easier for trader to look at charts, place order even when his eyes are closed. When a passionate trader loses, he's happier, when he wins, he's more happier. He sees nothing wrong in crypto ecosystem at all and loves every little dip and cherish every little rise in price.

Such passionate trader is the only user that could be successful in the game because he's going to pay every price needed to be profitable in the crypto industry.
I'd say interest more than passion. Passion is when you put enough effort, so the outcome of what you do is mostly good. But apart from interest that I said earlier, I think the word desperate or addiction is also valid. Placing an order even on close eyes is crazy. I think that is too much even a trader has a passion. There are automated bots for trading but I'd say they are another story anymore. We are only talking about manual here.

No one will be happy losing money. I think being passionate has nothing to do with this. Maybe we can only say that they will be sport enough to accept it easily. Besides, they can also learn from it. 


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Zoomic on April 06, 2025, 09:09:20 PM
Last seen on December 17th, 2022. OP disappeared after creating such a useful and easy-to-understand topic that would help newbies grasp the basics they need to know about trading in just a few minutes.

After learning all this about trading, newbies should take note that the desire to gain profits from trading is not enough, they still need to learn some risk management strategies that will help them mitigate the risks involved in trading.

In most cases, they also need to be patient, committed, and dedicated to truly reach that level where they will be happy they chose to trade.
This is a very useful content for many people that intend to be a trader just like you. It's not just for the newbies alone but for many who are longing to become a trader.
Anyone who is already a trader should know all of these at their finger tips. If they do not know them, why then are they trading in the first place? What knowledge do they have to form a good strategy with? I laid more emphasis on newbies because the op talked about the basics every newbie should know before they enter into the next phase of their learning. Like I said before, I applaud the op for the simplicity of the write up which makes it very easy for someone who has zero knowledge about trading to fully understand.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Josefjix on April 08, 2025, 11:00:09 PM
Passion is what makes a trader to be depositing into crypto account to place a trade even when she's still loosing, passion makes it easier for trader to look at charts, place order even when his eyes are closed. When a passionate trader loses, he's happier, when he wins, he's more happier. He sees nothing wrong in crypto ecosystem at all and loves every little dip and cherish every little rise in price.

Such passionate trader is the only user that could be successful in the game because he's going to pay every price needed to be profitable in the crypto industry.
I'd say interest more than passion. Passion is when you put enough effort, so the outcome of what you do is mostly good. But apart from interest that I said earlier, I think the word desperate or addiction is also valid. Placing an order even on close eyes is crazy. I think that is too much even a trader has a passion. There are automated bots for trading but I'd say they are another story anymore. We are only talking about manual here.
The statement I made "place order when his eyes are closed" is an idiomatic expression that means doing something repeatedly to the point that you do it at your subconscious level of mind. For example, if you spin a flat stainless plate everyday for 2 years while opening your eyes, there would be a time when doing the same thing while eyes are closed because of it's repeatative actions. Please let me know if you understand my point


Title: Re: BASIC TRADING UNDERSTANDING
Post by: CroverNo01 on April 10, 2025, 09:32:09 PM
Last seen on December 17th, 2022. OP disappeared after creating such a useful and easy-to-understand topic that would help newbies grasp the basics they need to know about trading in just a few minutes.

After learning all this about trading, newbies should take note that the desire to gain profits from trading is not enough, they still need to learn some risk management strategies that will help them mitigate the risks involved in trading.

In most cases, they also need to be patient, committed, and dedicated to truly reach that level where they will be happy they chose to trade.
In every scenario, we just have to depend on the system to longing for our change, we know what to expect and become versatile because staying at one particular sector is not a good advice. Learning is always part of the system and we do acknowledge the fact that we're opportune to be in the space and rolling on with basic principles that would probably change our mindset towards the market. What do we call the management of the system? We ensure we occupied the important sectors and knowing the features of the system.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: harapan on April 10, 2025, 10:31:31 PM
There are a lot of people who say, trading is very easy to study and give analysis but when it's actual trading, it's tougher than we expected.

I would rather go into investing because I feel safe in that way and less risky than trading, all you've to do is to wait until the bull market comes though the profit isn't determined in exact time.


Yeah taking tutorials online can be of help in making you understand what trading is all about but it's not applicable to everyone such that. I may get on with the tutorials and still not understand anything about it, but another person will and would still do better in the trading business. Therefore understanding trading works differently for each and every one of us, this is why it's best to go with what favours you because even with all the knowledge you can still end up loosing some funds. So the level of understanding trading is actually deeper.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: RockBell on April 13, 2025, 09:27:10 PM
Anyone who is already a trader should know all of these at their finger tips. If they do not know them, why then are they trading in the first place? What knowledge do they have to form a good strategy with? I laid more emphasis on newbies because the op talked about the basics every newbie should know before they enter into the next phase of their learning. Like I said before, I applaud the op for the simplicity of the write up which makes it very easy for someone who has zero knowledge about trading to fully understand.

The basins matter a lot because they are the foundation and without foundation your mission to be a trader is because a lot of people have made up their minds that they want to be professional traders and they are ready to suspend even their jobs just to become a trader and that kind of mindset you will have to be ready to do everything possible to always make a profit because after quitting a lot of things and you are not making any money then eventually it will affect you because how do you feed and even pay bills.

Newbies who are interested in full-time trading need to make a lot of sacrifices and this is why I would suggest that they should get a mentor to make this easy and faster for them to learn if they are getting someone and if you are getting a mentor it as someone is reliable and has to be someone who has good reviews because people are so greedy, that they will form a group and they fake a lot of things, and they collect money from people and teach them no relevance so when choosing a mentor you have to be careful.


Title: Re: BASIC TRADING UNDERSTANDING
Post by: Oluwa-btc on April 14, 2025, 08:02:20 AM
You have said the same thing that an intending trader, newbie or trader who lose at 99% of the time, will not be bothered to find out what is wrong with his trade. The same thing found on the internet. The thing is about passion.

If someone who intends to trade but has no passion for it, they will continue failing in it. Trading is now a profession and every profession require passion for some measure of success. A passionate trader after reading your post will make more effort to learn but that without passion will eventually wait for opportunity for copy trading or paid signal group that is no guarantee.

Trading is far beyond what you're comprehending and you say it's about the passion but mind you before giving conclusion to that be rest assured that having passion over such requires alot of patience and a good understanding about the whole thing you're about to go into. Let's take for instance you want to be a doctor and thus this is a profession so then at first it requires that you have passion for the profession no doubts but meanwhile you don't have a good understanding and knowledge about it so how do you be successful .


Title: Re: BASIC TRADING UNDERSTANDING
Post by: CharmingActor on June 09, 2025, 06:59:55 PM
Just started learning what “trading” means outside of buying and holding crypto 😊 I want to understand spot, margin, and leverage — can someone recommend beginner-friendly guides or tools?