How to Auto Learn Trading

[Maverick446]

Hi all , im Esteban, Im 30 years old , and im from Colombia, im a general practitioner physician, since when i was younger i always liked all trading- bussiness  related; for 6 months I have been gathering information, studying and reading a lot about the technical analysis of the markets and I have a demo account in forex which has grown almost 100% in 3 months applying some swing trade strategies, the problem is that I feel that There is too much information out there and I want to create a study plan to deal with trading effectively, I know this requires skills and a lot of learning, what I'm looking for is that they help me describe a learning path, theme by topic, how do I think you should study trading.thanks in advance.

[negamus]

There is no a secret "key" to learn how to trade just like you are saying, if you really want to learn, then just go to the internet and start looking for some guides about how to sell and buy and always be on profit just by doing that.

[Maverick446]

Im not saying that im looking for "key" or holy grial for trading, i just want to create a learning path in  order to organice the most important topics on trading, technical analysis specially.

[AngelSky]

Github trading bots are there you will find best experience of trading but learning automatically and all not possible with the any bot or anything. You may find the trading tutorial site in the online.
I suggest you to check the YouTube videos which will give explaining about the trading you need to search for concern trading site according to your wish and investment you gonna do.

[exstasie]

Im not saying that im looking for "key" or holy grial for trading, i just want to create a learning path in  order to organice the most important topics on trading, technical analysis specially.

First things first. Take some time to understand why risk management is so important, and about the different techniques used to employ it effectively. For many novice traders, this doesn't sink in until they lose half their portfolio value in one trade. Once you start developing a trading system that works for you on paper, you should employ a risk/reward strategy that suits your win rate. For example, if your win rate is 50%, you should only be taking trades that offer 2:1 reward-to-risk or better to grow your capital.

Some recent posts with resources on basic technical analysis and ideas for further study:

I would take some time to read some basics about trading and risk management. Babypips is a great resource for new traders. I can't emphasize enough that you need to constantly be thinking about risk. You want minimal risk, maximum gains. That means carefully planning where you want to enter and exit a trade and most importantly, where your stop losses are. I recommend checking out Tim West on Tradingview and CarpeNoctom on Twitter/Youtube for trading strategies and ideas.

No two traders are the same. I would say that you should research several methods and build a well-rounded system that isn't overly reliant on one school of thought. A few recommendations:

1) Tim West's time-at-mode analysis. This is a very practical approach to trading consolidations and breakouts with tools for proper risk vs. reward entries and targets.

2) John Bollinger's "Bollinger Band" analysis. Follow him on Twitter. He drops hints there about trading setups he uses, and there are lots of good tutorials out there on how to use BBs.

3) I also recommend learning about cycle analysis like Wyckoff and Elliot Wave. But I would caution not to become overly reliant on these. They are good for providing a "bird's eye view" of markets. Not so good for short-term analysis.

Good luck! Remember that becoming a successful trader is a journey, not an overnight endeavor. I've been trading for five years now and it's a constant learning experience. The learning curve never ends.

[cr_liev]

You can learn trading in pretty much the same way you can learn anything else. Theory+practice. Get theory from traders who have crypto-related Youtube channels, read discussions on this forum, immerse yourself into trading society. Make some conclusions and try to apply everything in real life. Good luck!

[nc50lc]

The secret on successful trading is: Be fulltime on it which could be impossible based on your profession.
Start with no-risk tradings like Bots or go low-risk with Altcoins (DOGE,IOTA,AEON,ETN...) and see if got what it takes.

Because there are factors to consider:

• You need to monitor the prices 24/7, the values are volatile, especially bitcoin. Believe me, one hour that you missed could be a 100$ worth of profit.
• It needs a lot of cognitive thinking. Tired from your day routine, your mind was probably a mush right before you log-in to the Trading Market.
• Some opportunities come at random times. Typos or other human errors.

the mind is more active during the Night when you're not exhausted, at least, in my experience.

[biarox]

Good post, good answers!
I'm very interested in this subject 'cause all I do atm is hodl.
I'm not willing to quit my job and live by trading but all the knowledge about this subject is very welcome.

[dianalevchenko16]

did anyone try simdaq? it seems to be an artificial trading platform, that teaches trading trough gamification
https://simdaq.com/

https://bitcointalk.org/index.php?topic=2413752.0

[darkywis]

Trading at forex is no differ from trading cryptocurrency. Its better to practice in actual than demo for you to know the meaning of panic and patience in trading.

[dillpicklechips]

The secret on successful trading is: Be fulltime on it which could be impossible based on your profession.

I doubt. You don't really need to do it full time. All you need to do is to monitor your trades which you can do easily by certain app in playstore like blockfolio.

Start with no-risk tradings like Bots or go low-risk with Altcoins (DOGE,IOTA,AEON,ETN...) and see if got what it takes.

There is a risk in bots. This is incorrect. If OP is interested in this then check out "GunBot." When you read it, you'll understand the pros and cons including the risks.

[Fundamentals Of]

Well, for sure there is no such a thing as auto learning in trading. It has to be learned one by one, step by step, and manually with a whole lot of patience. But if you have gone through the same processes and training in forex then I am sure this will be a much easier road for you. I have also tried learning forex trading and I ended up giving up especially after I was enthralled by crypto trading. In forex, the risks are very high as compared to crypto trading.

[alfs75]

Hi all , im Esteban, Im 30 years old , and im from Colombia, im a general practitioner physician, since when i was younger i always liked all trading- bussiness  related; for 6 months I have been gathering information, studying and reading a lot about the technical analysis of the markets and I have a demo account in forex which has grown almost 100% in 3 months applying some swing trade strategies, the problem is that I feel that There is too much information out there and I want to create a study plan to deal with trading effectively, I know this requires skills and a lot of learning, what I'm looking for is that they help me describe a learning path, theme by topic, how do I think you should study trading.thanks in advance.

If that you means in  your topic how to learn automatically in trading investment,without experience and trying in actual happening in trading? will all i can say that there is no shortcut of this kind of business in the world of digital currency all must be in proper program.in trading investment you can learn to loss to be strong and to stand back again in times of difficulties,and also you can learn to be successfull so that someday you will be grow to become expert and matured.thats the reality of being an a trading investor.

[Souldream]

You can learn trading in pretty much the same way you can learn anything else. Theory+practice. Get theory from traders who have crypto-related Youtube channels, read discussions on this forum, immerse yourself into trading society. Make some conclusions and try to apply everything in real life. Good luck!

I guess there is no auto Learning in trading I guess, maybe all the source of knowledge could be found ianywhere in social media either YouTube, searching in Google chrome and many more but I do believe that experience will give you the most valuable learning that you truly need in your life.

[KesoNie]

Well, for sure there is no such a thing as auto learning in trading. It has to be learned one by one, step by step, and manually with a whole lot of patience. But if you have gone through the same processes and training in forex then I am sure this will be a much easier road for you. I have also tried learning forex trading and I ended up giving up especially after I was enthralled by crypto trading. In forex, the risks are very high as compared to crypto trading.

Absolutely its true that there's is no such auto learning that someone were likely have. There is some tips and guidelines that you should or you can use in learning trading bitcoin. There are many factors to consider in bitcoin, many things are happening anytime in bitcoin so in many cased that you encounter you will get knowledge.

[Traslavin]

You can learn trading in pretty much the same way you can learn anything else. Theory+practice. Get theory from traders who have crypto-related Youtube channels, read discussions on this forum, immerse yourself into trading society. Make some conclusions and try to apply everything in real life. Good luck!

Yes, I believe so that practice makes perfect. And also we have this qoutation " Experience is the best teacher". So what i mean is our experience in dealing bitcoin will definitely gives us the most effective learning that we are needed in our trade life. And there's no such thing as auto learning in trading you have yo take the guts to learn it.

[Dart18]

It will be way different when it comes to crypto trading.
You might as well forget how you traded with forex and start a brand new trading tactics.
Risk have a higher percentage here and there is no safe mode.
You will have to create war with yourself also when it comes to fluctuations. Panic and greed will come in.
Panic of loss and greediness to want more when you are already at profit because of the fast changes in value.

[pawanjain]

Technical Analysis is really a vast subject and if you are looking for learning then as you said, yes there is really an ocean of information is there on the internet and you have to pick the subject which you wish to learn and practise it for trading. It cannot be learned in short span of time or you cannot use any kind of bot or robot for it. It's a self challenging game and you have to practise and learn from yourself. If you are practising Swing trading then follow some rules and style which you like to do something like Trend Trading Strategies, Discretionary Method of trading, Algo trading, VSA method of trading etc. All are unique and good in themselves just remember that you just need practise on one thing by digging deeper and not broader.

[Low Sigma]

First of all, nobody will give you their secret sauce recipe.
Second, the information on trading is quite dispersed and I see it more as an art.
Third, read my previous posts:)

[Faruque312]

Trading is not easy, and no one can understand it easily, basically I don't find anything, I thought you have learn about trading So you can find some info and basic knowledge from google/youtube.