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Author Topic: What are best sources to learn trading  (Read 17504 times)
Dudeperfect
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July 11, 2017, 08:15:36 AM
 #61

The best way I know is to learn from trial and error.

I agree. I invested 200€ with zero knowledge, and I am still learning everyday so I save my investment and make it bigger.
Dive in the forums and google, and use this forum and youtube.
Btw, I wrote a thread about learning resources too, have a look! (Still being updated on a daily basis):
https://bitcointalk.org/index.php?topic=1996471

I have gone through the thread you quoted and it's really helpful not only for the new users but also for the experienced users to find all stuff at a single place. I also appreciate your efforts of starting trading with a low amount, however, I suggest you reduce the amount even further and increase the frequencies of the trades and try out different strategies. Do not forget to share the experience (even if you lose) so that everyone can learn something from it.

Thank you! It´s also helping me a lot in my journey to write this thread, keeping it updated, looking for more resources...
You're right, I am reading a lot and as soon as I understand a bit more I want to start doing intra-day trading with alts, to learn more.
I am reading about charts analysis, the points a coin should meet to make sure it's a good project, etc
Any good strategies you'd like to share that a newbie could find helpful?
Wink thanks again

I am not sure if this strategy would work for you or not but it works for me and I would also advise you not to follow any strategy blindly without studying about it.

When I buy for the investment purpose, I never but a lot of 100. I wait for the price to fall and during the price fall I put various orders with various units in it such as 10 - 30 - 40 - 60 etc and as soon as the price starts rising, I do the same in reverse order. It rarely disappointed me so far.
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July 11, 2017, 08:34:56 AM
 #62

The best way I know is to learn from trial and error.

I agree. I invested 200€ with zero knowledge, and I am still learning everyday so I save my investment and make it bigger.
Dive in the forums and google, and use this forum and youtube.
Btw, I wrote a thread about learning resources too, have a look! (Still being updated on a daily basis):
https://bitcointalk.org/index.php?topic=1996471

I have gone through the thread you quoted and it's really helpful not only for the new users but also for the experienced users to find all stuff at a single place. I also appreciate your efforts of starting trading with a low amount, however, I suggest you reduce the amount even further and increase the frequencies of the trades and try out different strategies. Do not forget to share the experience (even if you lose) so that everyone can learn something from it.

Thank you! It´s also helping me a lot in my journey to write this thread, keeping it updated, looking for more resources...
You're right, I am reading a lot and as soon as I understand a bit more I want to start doing intra-day trading with alts, to learn more.
I am reading about charts analysis, the points a coin should meet to make sure it's a good project, etc
Any good strategies you'd like to share that a newbie could find helpful?
Wink thanks again

I am not sure if this strategy would work for you or not but it works for me and I would also advise you not to follow any strategy blindly without studying about it.

When I buy for the investment purpose, I never but a lot of 100. I wait for the price to fall and during the price fall I put various orders with various units in it such as 10 - 30 - 40 - 60 etc and as soon as the price starts rising, I do the same in reverse order. It rarely disappointed me so far.

I heard about it already and it souns great  Wink will try it out soon. I understand it minimises the risks, I´m OK with a conservative strategy at the beginning.
Thanks a lot!
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July 11, 2017, 08:44:47 AM
 #63

I think the best source for learning trading is the experience of trading activity that we do, as time goes by, of course, experience becomes dominant to become the best trading source.
Experience plays a key factor is trading but you should be active crypto community member and should know whats going on cryptocurrency you are invested or going to invest.some time the price dumps so much that it create hype , knowledge of reading chart graph is also skill other than experience.
Good suggestion. When we are active in this forum for example, we can have enough knowledge to find out when a coin will get bumped or dumped. But I do hear people are secretly manipulating altcoins prices. In that case being active here may not help as far as I know.

Studying charts will help any trader to predict well in advance. But there are occasions where indicators and charts also may get failed due to massive fluctuations.
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July 11, 2017, 09:35:40 AM
 #64

One of the best websites i stumbled on that has a course for free to is babypips.com  Its for traditional stocks but helped me a great deal, that and studying chart patterns/breakouts helped alot. reading traders journals was interesting as well. think the book was the life of a commodity trader or something similar

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July 11, 2017, 11:22:39 AM
 #65

Try to find out if there is any bitcoin meetup happening in your area because there are many such meetup being held in various countries regarding it. You can meet like minded people who have knowledge or want to learn about it and this will help you to know new people and also to learn together.  Just in case if not their than go on youtube and try to find out local video of your country since it will be more helpful as he will mention about your local exchanges and how to trade and invest which will be more useful to you.
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July 11, 2017, 11:33:50 AM
 #66

I think the best source to learn trading for free can be found on YouTube, it will gives complete information about analisys technical, we can read the candle chart, it will be easy to be understood than just read about analisys technical, because on YouTube there are voice, images in the video but if the source from YouTube is not enough, we can buy the books that talking about trading.
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July 11, 2017, 12:05:35 PM
 #67

I think the best source to learn trading for free can be found on YouTube, it will gives complete information about analisys technical, we can read the candle chart, it will be easy to be understood than just read about analisys technical, because on YouTube there are voice, images in the video but if the source from YouTube is not enough, we can buy the books that talking about trading.
I am agree with you that YouTube is the best source to learning about trading. So if those people wants that they understand all the technical knowledge about trading they has to search on YouTube easily and watching more videos about trading, and you are right that YouTube is not enough to understand more much about trading also we can buy books about trading and studying about it. To me these two thing is best and most important source to understand about trading.
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July 11, 2017, 02:19:02 PM
 #68

My best resource in terms of trading is:
TWITTER: This where I got FREE hints, coin update of my choice. This is my number one source of news.
BITCOINTALK.ORG: Yes, this forum is the biggest crypto currency forum in the internet. Its a great source of to learn trading.
YOUTUBE: Yes, Youtube has a dozen of Crypto currency trading videos. Just search and you will find.

I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!
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July 11, 2017, 02:38:12 PM
 #69

when first i learn trading i read  some trading tips site, even that not really effective in real market at least i know basic thing that we use in trading. and then ask people in community. sharing infos and ask what i must do if coin that i buy falling down

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Kevin77
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July 14, 2017, 06:48:21 AM
 #70

Studying charts will help any trader to predict well in advance. But there are occasions where indicators and charts also may get failed due to massive fluctuations.
Fluctuations are always exceptional conditions for any trading platform because no indicators/technical analysis will be capable of standing good regardless of how volatile market is moving ups and downs. Yes, you cannot expect to make good profits by using technical analysis in highly volatile market conditions. It would be always suggested to stay away from trading in the case of high fluctuations.
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July 14, 2017, 08:06:57 AM
 #71

I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!
Please try this hopefully can help,
http://Https://99bitcoins.com/newbies-guide-trading-bitcoins/

Complete knowledge by frequently asking seniors, and keep reading or watching videos on youtube.

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Haxor321
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July 14, 2017, 01:19:01 PM
 #72

I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!
The best source to learn how to trade is to look for someone that is trading and by that you can get the first hand informations and also ask him or her to share his or her testimonies on online money trading and by that you can ensure that informations are legit
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July 14, 2017, 01:57:52 PM
 #73

Learning from experience without acquring knowledge is useless. Of course before you start a thing for experience, you should study it first so you can apply on the thing you're doing. Experience is just a secondary source of knowledge in traidng. Learning from other people os the primary source of learning in trading.
We must learn first so that we can gain experience in trading.
Learning from many online sources will be enough to get start with trading so that we can start gaining experience. I mean to say learning from books/any resources will be landing us into experiencing the actual trading but only experience will guide as to make profits from trading. Just learning will not be enough.

On the other hand, many traders are just focusing on learning from books but forgetting to make use of their experiences. Experience must be the very big lessons, you must focus to learn from. When we are becoming capable of learning from experience then we can seldom make mistakes in trading.
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July 14, 2017, 02:19:22 PM
 #74

This space is growing so rapidly that it's hard to keep up with the best resources!

I would recommend using:
- CoinMarketCap.com for doing your market research and due diligence
- Smith + Crowdn for your ICO/Token Sale due diligence
- BitcoinTalk.org for bounty campaigns and official ICO/Token Sale threads - this is an easy one to determine if the ICO is a fraud or decent project.

Those are my main resources and then you can feel free to follow me on Medium and Steemit if you would like - I write cryptocurrency trading articles to help my followers better understand which coins to research and do DD on:

- https://steemit.com/@crowdedmind
- https://medium.com/@CrowdConscious

Hope this helps! You haven't missed the plane, but make sure you do your research before putting your money anywhere!
Carpe diem.

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July 14, 2017, 03:16:20 PM
 #75

We must learn first so that we can gain experience in trading.
Learning from many online sources will be enough to get start with trading so that we can start gaining experience. I mean to say learning from books/any resources will be landing us into experiencing the actual trading but only experience will guide as to make profits from trading. Just learning will not be enough.
You must be right. But people will always get confused between learning process and experience. Without basic knowledge of trading no one will get into trading. Those basic knowledge are possible only from learning. From that basic knowledge we can start experiencing real time scenarios of trading.

All the above I like to suggest to go for learning and experiencing at the same time so that we can develop some good trading strategy which is alone more than enough to make profits from trading.
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July 14, 2017, 04:08:54 PM
 #76

I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!
This forum is the best source of information about the trading world. You can learn a lot of information here by reading many posts and articles about trading and also search in the internet the techniques and some other information about the trading.
The truth is there is many sites and video tutorial on the web to try on yet for me I consider this forum as the best source of information and updates about the bitcoin crypto-currency itself. You could actually learn and speculate you idea and thoughts about bitcoin where the pro or the people who is more experience can help you or suggest you to do some major points about bitcoin such as trading and investing. And you could actually apply on a signature campaign where you could earn while learning at the same time.

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bitcoinmasterlord
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July 14, 2017, 05:10:06 PM
 #77

I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!
This forum is the best source of information about the trading world. You can learn a lot of information here by reading many posts and articles about trading and also search in the internet the techniques and some other information about the trading.
The truth is there is many sites and video tutorial on the web to try on yet for me I consider this forum as the best source of information and updates about the bitcoin crypto-currency itself. You could actually learn and speculate you idea and thoughts about bitcoin where the pro or the people who is more experience can help you or suggest you to do some major points about bitcoin such as trading and investing. And you could actually apply on a signature campaign where you could earn while learning at the same time.
This forum is the best source to learn Bitcoin. But it will tell you which coin is better to trade and other things about trading. The basic things in trading you must learn by yourself watching youtube videos and learning some articles about this trading. Once you learn basic things then if you search this forum you will get everything about this trading.
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July 14, 2017, 06:27:14 PM
 #78

We must learn first so that we can gain experience in trading.
Learning from many online sources will be enough to get start with trading so that we can start gaining experience. I mean to say learning from books/any resources will be landing us into experiencing the actual trading but only experience will guide as to make profits from trading. Just learning will not be enough.
You must be right. But people will always get confused between learning process and experience. Without basic knowledge of trading no one will get into trading. Those basic knowledge are possible only from learning. From that basic knowledge we can start experiencing real time scenarios of trading.

All the above I like to suggest to go for learning and experiencing at the same time so that we can develop some good trading strategy which is alone more than enough to make profits from trading.
But but you cannot ignore experience must be the good source to learn perfect trading. We can learn basics alone from books, those advanced techniques are not available and not understandable if we are learning from books.

Those advanced techniques should be experienced in real time so that we can understand them better so that we can use them in real time trading.
I agree gaining knowledge from books and gaining knowledge from real time should be done at a times.
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July 14, 2017, 10:24:29 PM
 #79

I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!
As a newbie trader, watching how to trade is youtube is great to learn its basic conponents. However a newbie trader must also understand that it's not ennough thus reading some forums including this one would be tge best thing to ascertain what and how to trade.

that is good advice, i know that watching a trading video on youtube can help us to learn about trading. sometimes i am watching too and i found there is many good video that we can learn. i am sure that after we watching that video, we can practice in real market and finally we can make a good profit. i think watching video is more effective for us because we can learn from live video and we can directly doing trading in real market.
Yeah you're correct. Watching in the youtube makes you learn how to trade. Their are many videos in the youtube that will teach you. 1 week is enough for you to become a good trader.
YouTube is a one of the authentic and cheap source of learning bitcoin trading. All you need to do is give proper time to videos and try to get the maximum out of them. In addition to YouTube, reading latest articles and remaining in touch with bitcoin news forums, also help a lot. 
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July 14, 2017, 10:42:09 PM
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I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!

The best place to learn trading is from personal experience and nothing else. However, to start with, you can check youtube as a lot of tutorial videos have been stacked up there so that you can get the basics right. Once you get the basics right, you can start with a little investment and test the water.

You will initially face losses but don't get disheartened. Keep trying and I am sure you will learn a lot from your mistakes. Patience is the key and don't rush to make profit. Practice for few weeks and you will be ready for bigger amounts.

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