Practice trading

[Casdinyard]

If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.

It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

In my whole experienced in trading I learned a lot in my own mistakes actually. But I consider some of others advices, I read and understand more stories and considered their past experienced in trading but I learned very well on my own. Heard once the quote "your experience is your best teacher", then it'll proven by me. I think some of us here also proved this quote by their own experienced too. So in our new practice trader, be a kin observer, adopt some ideas, and dont be afraid to risk on your own because in that case you will be learn a lot.

I agree on you, we will not learn things if we didn't commits mistakes. We're humans and it's all natural.
Better to learn things the hard way so we can always remember what it feels like when in that situation. Learn things by ourselves, yeah it's hard to be messed and fucked up but this is life. Without all of these we can't be who we are right now. Do what all it takes to learn new things.
Yeah trading involves money and it's risky, but it's all part of trading. At first you might loss some but as things goes on you'll learn and be proud that you surpass all of those.

[cryptoXeon]

Many of you suggested bittrex but I just joined Kraken and would like to know if its good as of bittrex.

I know GUI is not most user friendly on kraken.

[Sohag Barman]

Simply you can buy some coin when this price low and you can sell the coin rate will high. Remember you should follow marketplace, ANN thread, team performance, website of this coin. At the time you become a good trader.

[katrimans]

You can start with searching the basics in trading such as different strategies, the one strategy or the basic strategy in trading is the "BUY LOW AND SELL HIGH" which is you're going to buy a low price coin and wait for it to increase its value.

Second if you already read the basics and you want to apply it into real trading you can try these trading simulation sites.
• https://coinmarketgame.com/
• https://currencytycoon.com/

there are many trading simulations out there you can search by yourself.

and if you really want to try in real trading site you can invest a low amount of bitcoin and try to experience and familiarize things.

here are some of the most known and most trusted site.
• https://www.poloniex.com/
• https://www.bittrex.com/

your information that you've post really help me too I want to try that I am to shy here in forum to ask some question regarding on how I can start but when I read this I think it will truly help with. thank you.

Hey! Don’t be shy to clear your confusions, nobody is going to laugh at you and even if someone criticizes just be patient and welcome criticism. This is going to help you polish your skills. No need to be worried about the reaction of public upon your question. If the links he has shared are helpful to you, you can personally contact him to for further help. The person seems quite courteous.

[jostorres]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

i am also a newbie but i have some experiance about trading.first you need learn about trading.then you need research about crypto which you want to buy.

where should I read some information step by step about trading I'm new here but I cant see where should I find that I want to trade also.

Make use of youtube. It is a very perfect place for beginners to get started. Some professionals are kind enough to dish out some of the knowledge and experience they have gained in years and show their subscribers some practical ways to get down quickly in the profession without easily getting burnt quickly. You can try these channels;
https://www.youtube.com/channel/UCbcxHiowf0TSNKn3xVpGTiQ
https://www.youtube.com/channel/UCCatR7nWbYrkVXdxXb4cGXw
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA
I hope this helps.

[MoneyIsDebt]

If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.

It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

Actually practice trading on your own is much better, getting learned on your own is very effectively because you doing it on your own and you really wanted to learned to do it. But of course you also needed some piece of advice of others, their mistakes especially in trading, their experience that reached them most. Seeking knowledge by others experienced could also be very helpful.

i think there is no one there to give you practice classes or any thing like this. i think have to do it by yourself and you have to get experience by getting into it.if you are a newbie then i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.

[Casmania]

If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.

It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

Actually practice trading on your own is much better, getting learned on your own is very effectively because you doing it on your own and you really wanted to learned to do it. But of course you also needed some piece of advice of others, their mistakes especially in trading, their experience that reached them most. Seeking knowledge by others experienced could also be very helpful.

i think there is no one there to give you practice classes or any thing like this. i think have to do it by yourself and you have to get experience by getting into it.if you are a newbie then i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins.

It is indeed experience that would help you. You better start now so that you can start learning too. But don’t get too over confident, ask for advices, learn from the mistake of the others, know what to do and what not to. This really isn’t just about your own experience, there are people who have been before you after all. By the way, welcome!

[thisappointed]

Practicing trading needs a lot of patience and maybe some money because as far as i know, there is no demo account like the stock market in trading sites and you really need a money to start trading so if you want to practice it then you should have a basic knowledge about trading and also the money so you can apply your knowledge into practicing trading.

[eann014]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

You must read a lot first before enter trading. There are a lot of learnings that you can reseach from google. Trading as I know is a buy and sell and the best way is to buy bitcoin with small amount so if bitcoin price dump that's the best time to invest and do not panic. Your patience is the key to success and that's proven in bitcoin.

[Ann Impas]

I practice trading at bittrex with a small amount so i'll not be scared that much to loose it even that would be my lunch. but anyways i tried to make that small amount of money big until i can ask myself "can i trade with a big amount?" and i said yes, i traded and learned at investopedia until i got good at it.

[Raihan050]

you should follow Trading discussion it can be helpful for you. Here you can know lot of things which helpful for your Trading.

[TomUyamot]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

I cannot enumerate to you the specific solutions to your problem, kiddo. What I know for sure is that you posting here like that will not help your problem. You begin to do a research. A serious research is needed to learn trading like a pro. The only time that you post here with a problem like this is if you come across some very confusing problems and you already exhausted all other means. 

[VenceyBit]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

What you have to do is start reading at watching basic trading. There are many articles and videos you can search it. Make an account to familiarize the platform. Deposit  small amount which you can afford to lose for you to experience. Learning everyday makes you a good trader.

[Heyyyrenz]

You can start with searching the basics in trading such as different strategies, the one strategy or the basic strategy in trading is the "BUY LOW AND SELL HIGH" which is you're going to buy a low price coin and wait for it to increase its value.

Second if you already read the basics and you want to apply it into real trading you can try these trading simulation sites.
• https://coinmarketgame.com/
• https://currencytycoon.com/

there are many trading simulations out there you can search by yourself.

and if you really want to try in real trading site you can invest a low amount of bitcoin and try to experience and familiarize things.

here are some of the most known and most trusted site.
• https://www.poloniex.com/
• https://www.bittrex.com/

[stepwilli]

If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.

It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade.

In my whole experienced in trading I learned a lot in my own mistakes actually. But I consider some of others advices, I read and understand more stories and considered their past experienced in trading but I learned very well on my own. Heard once the quote "your experience is your best teacher", then it'll proven by me. I think some of us here also proved this quote by their own experienced too. So in our new practice trader, be a kin observer, adopt some ideas, and dont be afraid to risk on your own because in that case you will be learn a lot.

This is one of the best ways of learning trading and all the problems that you encounter while doing trading. Trading is something practical, with just theoretical knowledge you cannot succeed in trading. You need to practice it on real exchanges with small amounts to gain experience so that you can play with large amounts one day. Investopedia is also a nice site for gaining knowledge about trading.

[kotajikikox]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

a lot of way how to get knowledge and skills in trading to help your problem try search in the google regarding the trading tips or have many threads discussion how become successful trader.

[Freshmen]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.

For this, I like to suggest you to open an account with yobit.net as they are providing some free coins every day, collect them and watch market till then.

In between time you can open trail accounts with the any Forex brokers so that you can get practice into various technical analysis indicators and strategies.

Good idea, for a beginner is not easy if you want to jump directly into the world of trading without any slightest experience. If in yobit.net does provide free coins every day, this will be an opportunity for the newbie to start trading without having to spend capital

I believe every beginner should have common sense to know that you cannot jump into anything without having to learn first. However, anyone waiting for free cash to start trading is obviously not ready at all.

Trading with small cash is like not trading at all cause how do not see how your strategies want to play out in that instance and it will end up being a waste of time and resources than clicking on faucets. So the best is just to learn, look for some substantial cash and start trading when ready.

I think trading is a difficult task and one cannot do trading so easily because trading needs a lot of experience, knowledge and skills. Trading is the main point of any business online or regular. Those who want to start trading in bitcoin must learn from the old traders who have a lot of experience in this field, and it is also the rules of business first to scan the whole of environment before starting.

[futile-resistance]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

First you need to read topics here in the forum that discussess about trading. You can reasearch as well in the internet on how to do trading. So if you had read and understand the cycle of trading better yet start do the trading. It is best if you could start on a little amount and try to trade best on your knowledge and practice it because experience would teach you what to do at first and you will learn how to deal with trading and its risk. You really have to try personally for you to be able experience the actual trading i can say its a trial and error but it would be worth it in the end.

Let's trade, you do not need to have much knowledge, it not useful if you can not apply it into reality and make money from it. Improve your trading skills with small funds, then try increase your funds and trade again till you think is enough.

With a newbie, you need to learn and cultivate experience, accompanying market research today. I am sure that in the initial period you will be losing some money, but then you will have more experience.
I have tips and suggestions for you: You should read much news on the Bitcointalk about Altcoin before the trade transactions, it help you a lot.
The news in Bitcointalk was synthesized very much by the members and it is provided each day.

Practice trading is good idea because it is the most profitable source of earning more and more money in a less time. But to be a good trader you must gain the required knowledge and skills before starting trade in bitcoin. The more the knowledge the more easy the job. You will feel excitement while doing trade if you know all the aspects of bitcoin, because you will make money more easily.

[Tungsten-1]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

First you need to read topics here in the forum that discussess about trading. You can reasearch as well in the internet on how to do trading. So if you had read and understand the cycle of trading better yet start do the trading. It is best if you could start on a little amount and try to trade best on your knowledge and practice it because experience would teach you what to do at first and you will learn how to deal with trading and its risk. You really have to try personally for you to be able experience the actual trading i can say its a trial and error but it would be worth it in the end.

Let's trade, you do not need to have much knowledge, it not useful if you can not apply it into reality and make money from it. Improve your trading skills with small funds, then try increase your funds and trade again till you think is enough.

With a newbie, you need to learn and cultivate experience, accompanying market research today. I am sure that in the initial period you will be losing some money, but then you will have more experience.
I have tips and suggestions for you: You should read much news on the Bitcointalk about Altcoin before the trade transactions, it help you a lot.
The news in Bitcointalk was synthesized very much by the members and it is provided each day.

Practice trading is good idea because it is the most profitable source of earning more and more money in a less time. But to be a good trader you must gain the required knowledge and skills before starting trade in bitcoin. The more the knowledge the more easy the job. You will feel excitement while doing trade if you know all the aspects of bitcoin, because you will make money more easily.

Trading is an art and not everyone is an artist this is what I keep on listening since when I stepped into the world of trading. Trading is the most profitable thing to do but on the other hand, it demands a lot of determination and hard work to do well in the world of trading. You can only become successful trader if you have good amount of knowledge and have this much sharp mind to make wise decisions at the right time.

[coynedterm]

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

Here all of the guys posted for the better suggestion to start but here I would to teach you in better way because sometimes conditions always plays an important role for the success and unsucess .
You should first make buy of btc when its price get down and sell when its price get high and after some time start to make direct trading of bitcoin at social media ( Facebook , WhatsApp  etc ) , In this way you will get understand well that how much you got better experience in simple way that how the trading can be results into profit and loss .
After this thing ( understanding about bitcoin only trading ) , make your account at yobit.net ( since another exchange are available but as an newbie for you it is better option ) ,and deposit sufficient amount of bitcoin like 0.01btc or more that you can , now you will needed to buy coins which are better but are currently at low price and after that sell them increase in the price .
Here currently I can suggest you Digibyte coin , Etherium coin , dash coin Because these are better coin which are at Average low price .
Second thing here I would like to say that you should have patience in the trading Because sometimes it take more time for the coin to increase its price , so never get panic and Don't sell any coin at loss .