What do I have to learn in trading?

[kissme09]

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?

If you are, newbie wants to improve your trading skills. You should learn to read charts, read market trends and these are the basics you need to learn if you do not want to run into big risks.

[PrinceCaspian]

Keep being joined here in our forum because this is the place for learning and newbies to clarify some of the things that they are really thinking about and for me, it is best if they will spend more of their time rather than spending their time in the useless social medias or watching some useless videos online.

[Satry]

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, read about stock market books. You need to study everything market wise, including ideas and concepts. Learn to analyze the basic and look the price charts. For additional learning you need to attend some seminars conducted by a profesional traders it can provide valuable insight into a overall market and specific investment strategies. Can also help you if get a mentor a hands coach to guide you, critique your techniques and be your advisor.

[Xenrise]

Actually, there are a lot of things you need to learn in trading! What I'm saying of LOT, means A LOT. So there are so many. Usually a pro trader learnt trading for months actually it took 6 months I think for you to make a pro trader. But right now, as a newbie, try to join paid signal groups for you to enlarge your profit.

[BILGPS]

If you want to be the best of the trading then the market history is necessary for us and if we have the market knowledge then we have to be able of the trading for successful trader we must have the ability and patience of the trading. I have studied a lot about bitcoin and the best thing in trading is the market knowledge and practical activity in the buying and selling of the currencies it is good to be in the crypto market and now i come to know that trading is a very profitable job.

[Manchumichael]

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, read about stock market books. You need to study everything market wise, including ideas and concepts. Learn to analyze the basic and look the price charts. For additional learning you need to attend some seminars conducted by a profesional traders it can provide valuable insight into a overall market and specific investment strategies. Can also help you if get a mentor a hands coach to guide you, critique your techniques and be your advisor.

I think stock market and crypto trading is not same, but the concept is identical. You need to become a good trader in crypto world 1st you need to learn how to study the white paper of projects. and you need analysation skills. And taking experts advice is also important. Some people will miss guide you to invest in shitcoins. So take suggestions but do your own research and invest. All the best mate.

[eagle10]

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?

You need to learn more before you can start. A complete newbie should not be impulsive. You can't trade without some basic knowledge and arm only with the "buy low sell high" in mind. You can't. You can be trapped in the trade where you are in. What if you thought you can earn if you buy the coin in uptrend but the thing is the uptrend start to reverse, you lose because the bear enter. See, you need some knowledge in basic chart reading and also the consider the news. It may or will spark the price to go up or down.

[Panchum]

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 yes as I've monitored my cousin $100 is big amount now to buy dump coins, but you have to check if that coin has a potential to grow up your money. My cousin make his money plenty very quick because of buying dump coins and hold it until the price is right for him. You can start in a small amount then learn how to make it big. So that you will gain for your family .

[Saichoukyushin]

Make it simple learn altcoins read every altcoins that have a great idea towards future or finds some good ideas gathered from crypto enthusiasts peoples they are many. Almost all what you need is here and watch from the internet.

[nodelover]

you should have research about bitcoin, learn the analytics of it, learn the range between high and low, you should be observable because if you made a mistake maybe you will be disappointed because trading is risky, you should know that, you need to have a patient and be smart in what you are doing it trading, don't buy when bitcoin is high.

[amzad]

We all know that we go to China in good trade for auction. But forex is such a thing that you will not have to go to China country at least to learn. If you want to sit at home, you can become a Forex Master. But it requires patience and patience for some time. Now in the era of the internet you can learn more about this online from millions of tutorials, ebooks, blogs, forums etc. There are also demo trading facilities of Forex Brokers. By applying that you will be able to swallow your talents.

[trickyriky]

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?

Please start with self-education. The more stuff you will learn about the market and crypto, the more success you will have in trading.

[haroldtee]

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.

Money management, risk management, those are some normal thing to learn to be a successful trader and stuffs you even need to learn to succeed in real life but on how to trade itself, there is so much to learn.

Sure, the basis of trading is buy low, sell high which obviously everyone knows. However, some people usually take it in the literal term, register on an exchange, hit the market and think they can just buy anywhere and sell anywhere until they mess up their whole funds. The essence of learning is to be able to use some tools and indicators at your disposal to do some analysis, know when it is safe to buy, when to get out, and when to stop loss in a market.

Google up bro! search 'trading technical analysis' and you will see a lot to learn. Make sure not to rush, take notes, find what suits your style, learn all you need to and you will be making good calls, with the chart being at your beck and call always.

[shezu007]

The best option for you is to start some of your trading and try to make contacts with some big traders and getting ideas from them while taking any step so through this way you will get practical experience with addition with that you need to build some patience quality while also try to keep your moral high in strict situations. These condition and steps will make you perfect trader.

[di.ako.toh]

I think what is trading requires is enough patience and crtical thinking to be very strategic when doing trading. Proper study of market movement can have more profitable result of trading. Because in trading, may result to gain or loss, so be wise enough.

[Golftech]

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?

Please start with self-education. The more stuff you will learn about the market and crypto, the more success you will have in trading.

A simple answer that really worth to follow, self education together with dedication aiming to learn a lot about this industry would be the great start before you begin with your journey, invest more of your time researching about crypto industry and find those things that is really relevant to the system after while it will be an automatic signal to you when to buy and when to sell if you have those knowledge.

[sheenshane]

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?

Choose the best exchange site that having a high volume exchange and good to trade. After that choose those coins also having high volatile rate it is also a nice idea for trading, analysed very well the coins that had you chose or those coins that having a strong fundamental structures. Lastly is always monitor the price chart in the marketcap so would you know which coins much better to choose.

Always remember that trader is very risky one fault decision you may lose a lot amount of money. So much better you trade for long term holding lower risk than short term but at least you know how to managed your time in trading.

[greenrupee]

Main things in trading are:

1) Trading discipline and psychology - formulating a trading plan and sticking to it - i.e stopping out when you get stopped out, taking profit at your targets.

2) Fundamental Analysis - you need to understand the market dynamics in terms of what drives market sentiment and the overall value behind the currency

3) Technical Analysis - it's necessary as most day traders will trade on technicals and they become a self fulfilling prophecy.

If you have any more questions on these topics just let me know

[JesusCryptos]

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

[--DarkSecrets--]

There is only one basic rule in trading: buy low and sell high - LoL.
But to achieve this you need to study, you will not learn it here on a Bitcointalk thread. Go on youtube and look for trading tutorials, spend weeks studying the issue before risking real money.

Youtube is very useful to learn as bitcoin trader but on the otherhand, this forum will introduce to you how is bitcoin being used, what do traders really encounter with this and so on. I suggest that you read here because conversations here have been truthfully experienced by the traders.
You also need patience and will by the way.