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Author Topic: What do I have to learn in trading?  (Read 2177 times)
coinscircle
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February 07, 2018, 12:44:16 AM
 #61

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
I think that to be able to trade well you need to spend a lot of time researching and learning. You should join groups, trade classes, from which you will have the skills to analyze the chart, will learn the benefits from the experience in this market. You also have the private channel to help you get the information accurately and quickly. They also teach you the psychology of entering the trade that is very important.
Try to learn and learn! Good luck
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February 07, 2018, 12:56:27 AM
 #62

Highly recommend to read a lot and research about cryptocurrency and it's market and see for yourself those previous graph of a coin for me it is much easier to understand if you already check it out, of course before you invest make sure that you have enough knowledge so you won't regret if something not good happened and always remember that in trading there really is a big risk so make sure that you're always sure of your decisions.

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February 07, 2018, 12:57:00 AM
 #63

Trading is unpredictable job so before jump it make sure you know about the level risk and how to manage that risk. Risk management is most important to reduce risk in trading, some risk management that i mean is cut loss strategy, use stopp loss in every trade, trading in more than 1 different coin, and also dont be greedy when taking any profit.

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February 07, 2018, 01:03:01 AM
 #64

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
When you step into this market you have to learn a lot of things, learn about economics, learn about chart analysis, learn about crowd psychology, learn about losing your friend, learn about the failure of others ... There are a lot of things you need to learn to be able to step into this market. This is a new market and there are many risks that require you to constantly monitor and update information continuously, but in return it will bring you huge profits.
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February 07, 2018, 02:24:47 AM
 #65

I think you have to join some telegram group realated tading first so you can discus with senior trader to sharing some trading strategy. Other than that, you have to learn how to read the chart, how to use time frame and you have to know which level price in oversold, overbought, on uptrend or on downtrend so you can decide what should be doing when the market like that.

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February 07, 2018, 02:30:05 AM
 #66

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Go through many threads that have already been answered for this type of question.

Just to get you started :

You must read, read and read a lot about the coins background. Do not invest into coin of which you know nothing about. This could be troubling in the future exit of your Trade.

Speaking of which you should only go with the old coins which are already listed on the exchanger and as newbie do not even try to enter your self into ICO coins as they are new and may not benefit you the way you expecting the profits.

Mistakes may be happen no matter what you do, it's better to learn from them and move on. Do not get engaged with any trade in emotional ways, it will help you minimise the mistakes.
Definitely correct. You have a lot of things to know before you could consider youraelf as an expert trader. And the best thing that you can do is to educate yourself thru reading thread that is related to your question. This forum is full of knowledge if we will just alloted time to read. Different kind of point of are can be seen here.
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February 07, 2018, 02:31:05 AM
 #67

You can learn how to trade by trading, obviously. You can't learn
by not doing it. As you do more trades, you'll eventually develop
your own way of trading. Learn from your mistakes. Learn about
technical analysis. Read the news. Avoid trading with your
emotions. Don't trade when your angry and drunk. Good luck!
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February 07, 2018, 02:39:39 AM
 #68

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Mistakes is always there but only your self can help in your problem in trading i only advise you to make more research in trading and lot of time to do, don't be afraid if your lossing somtimes with your investment because that is the time you learn in your mistakes.
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February 07, 2018, 03:09:33 AM
Last edit: February 07, 2018, 06:51:09 AM by posi
 #69

In other for you to be a good or successful trader. You have to understand that the best coin to buy are coin with good trade volume, historical data and available on various of crypto exchange. In addition, buy when there is dip and never panic sell.

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richcorner100
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February 07, 2018, 03:27:27 AM
 #70

Altcoin trading look like easy just buy low and sell high but in fact  that not so easy because when our emotion come in to trading all that strategy can not use more. So in my opinion firstly you have to know how possible you can manage your emotion during trading, and then after that learn about some technical analysis in google or youtube video.

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lablab03
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February 07, 2018, 03:46:12 AM
 #71

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
i think you should make a research mate 'if you want to become  a good trader don't  rely  on others tips you must make it on your own if you're interested on it and perhaps nowadays there are some tutorial around the internet so try it so that you can obtain more information on  how to become a good trader. And also in buying coin you must know if the coin has a potential to increase that is the most important. 
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February 07, 2018, 03:59:33 AM
 #72

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Always have a trading plan. Do not just buy a coin because someone said so or you heard from someone that it is a good buy at the moment because sooner or later it would be go up. Most likely he is just saying it because he already bought the coin and he wants it to go up as well so if you buy then the buy order would be filled up and price will go up as well. Do not trade with your emotions because most likely you will be greedy when the coin is going up and fearful when the coin is going down. Do your own research and do not rely on others telling you what to buy because they are not there all the time to help. Start in this site https://www.babypips.com/. It is made for forex trading but the concepts are the same with crypto trading.

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February 07, 2018, 04:22:42 AM
 #73

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

read much on threads about trading and always watch the trend. sometimes it is very much frustrating when it makes a sudden drop, but be brave and patiently wait for the jump. also read tips on the internet, not only here in this forum. and lastly, invest money that you can only afford to loose rather than investing all you money in one cypto. sometimes that is what others failed to do. they invest more money and even try lending sites just to invest a huge amount of money, hoping they will gain huge returns too. but resulted to huge loss. 

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February 07, 2018, 04:30:28 AM
 #74

Beginners need to be more careful. Trade on short term is very artful. It is necessary to study at first the world of cryptocurrencies and his laws. To choose excellent coins and time of an entrance. for example as now. but nevertheless I consider long-term strategy more effective and safer

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February 07, 2018, 04:43:16 AM
 #75

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

Mistakes is always there but only your self can help in your problem in trading i only advise you to make more research in trading and lot of time to do, don't be afraid if your lossing somtimes with your investment because that is the time you learn in your mistakes.
It will lessen such mistake if you are fully equipped before you make your entry, just like what many other say it's better to do more research and understand how the fluctuation will go and know to yourself if you can embrace such past pace movements, crypto is really an entertaining and yet
very profitable to those who knows how to assess better, analyze and together of big patience will make you a good trader, just know if how will you
deal whether short,mid or long.
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February 07, 2018, 04:45:48 AM
 #76

The most singularly important lesson one must learn in cryptocurrency trading and investing is the subject of patience in realising profit on your investment.  Patience is sacrosanct if you are going to make anything worthwhile with cryptocurrency!

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February 07, 2018, 05:06:04 AM
 #77

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
i think you should make a research mate 'if you want to become  a good trader don't  rely  on others tips you must make it on your own if you're interested on it and perhaps nowadays there are some tutorial around the internet so try it so that you can obtain more information on  how to become a good trader. And also in buying coin you must know if the coin has a potential to increase that is the most important. 
Read, learn more about technical analysis , do more often experiment and repeat. You would find there's a way to have a good prediction close to a correct one every single time you do trade until you feel you are skillful enough to always ends your day with profit. It's legitimate way to make money so don't surprised if the process cost a long time.

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February 07, 2018, 06:10:32 AM
 #78

If you want to learn how to trade then you should put some effort and time in doing research and reading a lot of books and also some websites that you will find in the internet because learning or studying how to trade needs a lot of time because it is not a magic that you will learn in just counting 1 to 3 because you need to exert some effort and time first.

R


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February 07, 2018, 06:30:27 AM
 #79

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?

First, Try to familiarize yourself with the industry itself. A lot of articles, books, online training, and etc. are already available over the net that you could easily access. In trading, one must also learn to have a long patience as this industry is quite stressful, to be honest. In addition, You must also learn to control your emotions and/or feelings. Trading is a mind game if you look at it, You must be always prepared. As you go through your research about trading you will learn for sure some strategies that you can use in your daily trading. We can't avoid mistakes and that's a fact because sometimes we need to do a trial and error to make sure that our strategy will work.

Also, remember this golden rule of trading "Buy low and Sell High" It's easy to say than done but it is one of the most used methods in trading.
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February 07, 2018, 06:43:55 AM
 #80

I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
I think that in order to be able to trade well you need to ask a lot if you do not want to fail and lose money. You need to follow experienced people who will teach you how to analyze and analyze techniques. They also show you the technical terms and show you their experiences, plus you can learn the psychology lessons of the trade so that you can calmly handle the situation.
Good luck

According to your advice trading life can give me the right decision. But to be a professional trader, do I have to do nay course? Such as money management and the medium of online learning is the trusted web site.
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