What are the basics of trading?

[nadyn]

You definitely need to learn the basics of trading, read the relevant literature, maybe watch the coin for a while, study the news in crypto, and the most important thing is to invest just as much as it is not a pity to lose.

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[rizkyalhabsy]

first you have to be patient in doing the trading, don't panic when the price is down you can hold the key 70% will be successful thanks

[mamesso]

This question is often found in forums, and only attracts other members to make quality posts.
I think this is a challenge to increase the spirit of reading. I think trading tips are easy to find here.

[sell my ac_________nt]

For safe trading, I recommend that you learn the trade from support and resistance as well as the averaging strategy. These tools are the basis for the beginner.

[Jatawneh]

IF you are new try to learn the basic and every day learn new thing,
never buy a coin because people talking about it, look at the historic price of the coin and never enter in top normally market makers who control media try to fake people that the coin is going to 2x from top price so people start to buy at top and sudden the coin is down.
do your research for the coin and its project and team and try to wait the coin even 4 months to come down to the price you want.
   

[Ultimist]

I would try to study information wherever possible. I would read a post on this forum, study literature, communicate with people who are engaged in trading. Information can be obtained as anywhere. And also to train, start small.

[CryptoToxicAvenger]

First you need to find books, articles on trading to understand the basics. To practice to move only when you have some knowledge and understanding of how the market works. And do not hesitate to ask questions here on the forum. Other people's experiences can also have an impact on you.

[Toukexx99]

Basic trading techniques for Criptocurrency for profit - A trader will want to get profit. Unfortunately, if you do not know how it is not the profits obtained but losses.
Therefore for beginner traders enough for you to know how the basic techniques in the game cryptocurrency.
The following are some basic trading techniques for Criptocurrency so that important profits are considered, especially beginners:

Positive Market Cycle
The basic technique of trading cryptocurrency so that the first profit that can be done is understanding the market cycle. This market cycle is very important in trading Criptocurrency. If the cycle is positive then you will be able to easily make crypto transactions.

Negative Market Cycle
In addition to the positive market there are also negative ones. Negative market is named if the cycle in the spot market has decreased continuously. The market becomes negative if many cryptocurrency players sell their crypto so the numbers can be dropped.

[Kevinvaonav]

so far my method of trading is enough to see the lowest and highest history as well as time circulation, where at certain times most crypto will experience their highest and lowest price changes today, and seeing the world issue about crypto greatly influences exchanges.

[escalante28]

Basic in trading? Buy low sell high. That's it. In my humble opinion, the first thing you should learn is to control your emotion because even how good you are in any kind of trading techniques but can't control your emotion you can't make profit. I suggest you to download iq option because there you can learn different kind of strategy and you can use an unlimited practice money for trading. There you're able learn how to read the candle sticks.

[gaganvirk]

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[recklessMe]

It's easier to tell from my own experience. I've decided to begin with hodling some btc and have chosen a simple and practical exchange CEX (https://cex.io/) to buy coins. While I was holding them, I was learning various trading strategies, watching videos, communicating with experienced traders on forums.

[COPARTT23]

There are many rules and strategies, but the main thing is not to buy if you are not sure about your forecast, and always set a stop order, it’s better to lose 1% of the deal than to sit and watch the market move without you

[JPSelzer]

Sources of information on the Internet enough. You can take it anywhere. Perhaps you will be able to find a person who has long been engaged in trading and he will help you in learning this difficult matter. In trade, it is important to be able to cope with your emotions and practice a lot.

[yecats]

I'm a newbie also in the trading world.  Books  and  youtube videos are my ways to understand  trading. There are also many youtube videos, mentors who teach trading. 

[btcyoda]

Hi, I have already written a lot of times on this forum: the basics of trading are buying cheaper and selling higher. The greater the amount of transactions - the greater the profit

It is very easy to say in words and it is not easy when it comes to reality because the market situation can't be accurate every time because suddenly the prices going up and down within second which are very unpredictable in the market. The only answer i can give is we have to move according to the market.

[Yarex]

Hi, I have already written a lot of times on this forum: the basics of trading are buying cheaper and selling higher. The greater the amount of transactions - the greater the profit

You directly shared the secrets of trading)
In trade, the main thing is to have the patience to sell at a bargain price for you. It often happens that as soon as you buy something, it immediately falls in price.

[BlockStamp]

Has anyone used one's previous forex experience on the crypto market or is it completely different?
BTW, are there any 'mentors' online I could follow?

[hanlap]

I find that experienced traders often focus on a single consideration is price. The good traders will know when to go in and when to jump out to make quick profits.

[Abu Shadow]

If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.

you should watch some useful videos at you tube as many pro traders had tutorials about trading which you can easily learn from them. Just start at small capital and check the progress before making a bigger steps.