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Author Topic: Teach me how to trade  (Read 2694 times)
wayaneka
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November 24, 2017, 08:08:49 AM
 #81

In my opinion basic trading is learn about technical analysis first, understand how to read the chart and price action and also understand how to use some indikator. Then second one learn about candlestick pattern to know and to indicate the price strong buy or sell. To learn technical analysis for the better use trading View platform so will be many indikator available there. About how that indikator work, you can google it or learn it in youtube. After you feel understand how to that technical analysis work, you can continue learn about fundamental analysis and psikilogis of trading.

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November 24, 2017, 08:15:56 AM
 #82

First of all, you must prepare yourself with basic knowledge of trading. You can learn from many source like youtube, telegram channel, and also on this forum. At least, you have to master some Technical Analysis of trading. After that, you can practice with small amount of capital to get some experience.

The best way is to not learn full autodidact, often sharing with seniors will reduce the time of mastery and more dare to spend big capital, With the mentor everything will be easier and faster, no matter if they charge for her services. If we keep playing safe we will not understand trading strongly in the shortest time.
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November 24, 2017, 08:23:31 AM
 #83

I think no one will teach you how to trade, everyone can only share their tips/recommendation and then they leave, you are the only one to discover how trading works, just read and research that is the best way of to learn how to trade.

Yes we are here to help you but you should need to help your self first just try to research what is trading first then read how it works then do actual trading to familiarized the fluctuation of coins in the market, most of the people right now is wanting to spoon feed all the details and they are lazy to read some thread were more good instruction by other users listed there.

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November 24, 2017, 08:33:57 AM
 #84

Infact, trading isn't suitable for everyone, you must know what you are doing before entering this risky field.
There is no guaranteed profit in trade every time, you may loss eventually if not focussed and noticed your goals exactly.
In simple words, buy cheap and set your target , when it reaches that level, sell immediately.

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November 24, 2017, 08:46:56 AM
 #85

Please as a newbie how can I trade , please teach me everything
Try to open an account in iqoptions and they offer a practice account there and also have crypto currency pairs, but if you plan to go live, try Bittrex, they have a good list of pairs that you can trade. First thing that you need to learn in trading is how to control your emotion and there are tips mentioned int his thread how control my emotion??, controlling your emotion is important because cryptos are very volatile that sometimes price will drop up to 30% and that will make you worry and sell even if you are at loss.
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November 24, 2017, 08:58:11 AM
 #86

trading takes time to master , so if you want to learn trading you should expect that the process will take time
there is no one or guide that can teach you how to perfectly trade , but there are some sources that might help you with that
if you are interested in crypto trading there are some youtube channels that may help , I will list some of them and you can check them
note that trading is risky , even if someone experienced did a trade that doesn't mean that the trade will 100% generate profit so try to educate yourself and then be responsible for your trades

https://www.youtube.com/user/lumbridgecity
https://www.youtube.com/channel/UCD9j5qyDqQvb9qnLss3vxww
https://www.youtube.com/user/BrandonZiots
true mate,no one can teach him to trade all we can give him is advice and pointers to be a trader and your right that trading take lot of time to master you cant just nake it over night it needed determination and perseverance to be a successful trader.for now what you need to do is Read a lot and learn a lot all the pointers that has beed mentioned here is your key to be a trader added your own research on internet so you may have your own sight in every topic
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November 24, 2017, 09:01:53 AM
 #87

Please as a newbie how can I trade , please teach me everything

Another newbie asking for spoonfeed.

Come on, we are all came from being newbie but try not to reached to the point that ALL LESSON must be teached to you by someone. Only asked where you are stuck. Read, read, read and understand all of them is all you need to do. Basic knowledge is enough and you are the one who will enhanced your knowledge.

My always advice, learn the basic and engage regularly in the world of trades. You will automatically soon how trading works while you are building experience. Goodluck then.

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November 24, 2017, 09:04:08 AM
 #88

Please as a newbie how can I trade , please teach me everything
The first thing you need to have some amount of capital to trade, looking for information related to trade and the reputation of trading that is the basic thing.

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November 24, 2017, 09:13:48 AM
 #89

First have some google search and get yourself registered in some of the exchange
As a new trader in cryptocurrency, buy coins when its go on low and hold it until price up.Follow master traders, read blogs about trading and daily watch market its help you a lot. After gain some trading knowledge you can begin trading with little sums
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November 24, 2017, 09:17:43 AM
 #90

My first trade was just to try if my sell order will be bought and it did, i was very happy back then. My second was sell also, and i didn't take long too be bought also.....but after a week the token that i sold, pumped again very high i was very guilty that i sold it. Lesson learned? Don't trade with emotions, know the market, learn how to read graphs, look through the trade history and trust your instincts.
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November 24, 2017, 09:31:43 AM
 #91

As a newbie, you have to study market and must be able to analyze market because if you don't know how to analyze then trading is very risky because you may end losing all your funds. I advice you start trading with low value coin because many of them have huge potential to grow.

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November 25, 2017, 07:18:09 AM
 #92

Trading is for any ranks as long as you have the amount for investment. But make sure that you are serious about it because it has higher risks with higher investment but with higher profit if done right.
Well, I think you don't need a mentor for that. Suggesting that learn first how to read charts it may not be a perfect analysis but at least you are learning it by yourself. You can also see YouTube for few more instructions.
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November 25, 2017, 09:21:30 AM
 #93

As a newbie, you have to study market and must be able to analyze market because if you don't know how to analyze then trading is very risky because you may end losing all your funds. I advice you start trading with low value coin because many of them have huge potential to grow.
You will not succeed instantly, you have to go through with a lot of challenges because you need to develop yourself in trading.
Starting with with a small amount of money is advisable so when you lose it will not gonna end your journey, don't be to overconfident that you will not let new learning in yourself, remember that you have to develop your strategy all the time as the market is changing and moving.

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November 25, 2017, 10:09:42 AM
 #94

Please as a newbie how can I trade , please teach me everything

try to learn reading idea's how to become skilled in trading searching into google or read the previous thread here in forum regerding the trade tips, i suggest with you, you can start in the low capital to practice into the risky investment but profitable if you get own strategy and technics how to become great traders the success is in your hard work.

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November 25, 2017, 11:32:45 AM
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 #95

If you want to take a course then take a look at babypips.com. they provide a good lesson on forex trading which is similar to crypto trading. Learn what the indicators are and play with them in tradingview. Also go through YouTube to understand trading strategies with indicators. Lastly, be patient.
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November 25, 2017, 11:34:57 AM
 #96

If you want to take a course then take a look at babypips.com. they provide a good lesson on forex trading which is similar to crypto trading. Learn what the indicators are and play with them in tradingview. Also go through YouTube to understand trading strategies with indicators. Lastly, be patient.

i think forex will be too risky than crypto trading because in forex, beside we need to have big budget to start, we need to learning more deep if we want to make profit. but its different in crypto trading, we don't have to use big budget and i think $10 its enough to start trading and we can make a big profit because there is many altcoin that have big potential to increase.
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November 25, 2017, 12:34:31 PM
 #97

the easy way is buy low sell high... just remember the price when you buy and sell in the higher price its easy... its not hard to learn if you know that..

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Kemarit
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November 25, 2017, 02:23:40 PM
 #98

the easy way is buy low sell high... just remember the price when you buy and sell in the higher price its easy... its not hard to learn if you know that..

I already heard enough of this "buy low sell high". But its not as easy as it sound. Do you want till the price floor before buying? or you still wait a bit to see if the price could still go low? What if the price suddenly went up the next day? So its easier said than done. What you can do if you are a newbie trader is to try to buy in dips, but not in bulk. Experience traders always buy in bulk when the price drop and doesn't wait for it to dip further because they are already thinking of a possible profit ahead. As newbie, just buy small portions and observed how the market moves the next day. If it still goes down then go and buy, but if the market price goes up then at least you have bought bitcoin at a discounted price. As for learning to trade, you need to invest a lot of time and read around the forum. Goodluck to you mate.

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xx667788
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November 25, 2017, 02:59:18 PM
 #99

First, you have to find the right user to trade, there are many liar, protect your wallet! Be cautious, do not set sales goals greedily, get used to being satisfied as long as they are good, and do not try to sell at an unreasonable price
yanto@1977
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November 25, 2017, 05:44:46 PM
 #100

Please as a newbie how can I trade , please teach me everything

First, you must know what is " trade " and practice is your best way to understand. Try it with little money you have and fix the problem comes up over and over again. You'll get experience and will become your knowledge and also teacher to answer all your questions. But for beginner, I suggest you trade bitcoin only, if you know bitcoin works it will be easy to understand real market. Keep practice and don't forget your stop loss. Good luck.

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