Learning to trade

[hahay]

To successfully start learning trading, you can read the articles of traders whose investment portfolio makes a profit and copy their trades, if possible. In any case, these people know something about trading. Of course, it is very important to understand the principles by which they make their transactions. When this understanding comes, you can try to make transactions on your own, without resorting to anyone's advice.

Learning with other pro traders investment portfolio is fine, we can use it as guide and to also have an idea on what to do with our trades but ita a must to have our own understanding and strategy. Experience is the best teacher and knowledge is the key to achieve it so never stop learning. Its common to make mistakes at first but it will teach you something that can help you to do better the next time you trade.

Price action and technical analogize will show you how the price is acting, and what makes the moving up/down? Traders!
So price action and technical analogizes will show you how the other tradings are trading.
But before reading about the other traders first you need to know about yourself.
So, first you need to start with psychology and money management. This is the golden part and most of the traders will just ignore it that's why they lose.

Although imitating but still careful planning must be had for a trader, when careful planning has been owned then of course every management will definitely get better and it should be for us to be more aware of how much initial capital that must be owned before trading with uncertain market situations, if we have adjusted good initial capital with the right trades, of course the resulting ROI will be better.

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[Asmonist]

I think you just did what you need to do. The losses are really part of trading since price are unpredictable. Constant monitoring is needed for you to get the best bid price before it can go down. Never loose hope because prices now are getting better.

[imstillthebest]

I think you just did what you need to do.

like what for example   ? the op is a noob at trading and he is asking for advices   . what he did isnt enough ,

The losses are really part of trading since price are unpredictable.

just because the price of cryptos are unpredictable does that mean that  we should go with the flow   ? no because we can do something to predict them if we are good at analyzing  .

Never loose hope because prices now are getting better.

among the words that you throw , this the one that i will agree the most  .  loosing hope is for the weak   .

[marilynmanson21]

I think you just did what you need to do. The losses are really part of trading since price are unpredictable. Constant monitoring is needed for you to get the best bid price before it can go down. Never loose hope because prices now are getting better.

I think the answers needed by the topic makers have been answered if we look at today's chart conditions,
and true, monitoring is very much needed these weeks, because if we look at large time frames, charts are trying to break all resistance.

[rekinthis]

Finding a legit information is one of the hardest part for those traders who want to study and to get advance. There are fake information all over the internet and there are only legit gurus that giving legit information. I learn to trade when by watching in youtube and also by reading blogs in the internet about trading but experience is really the best key in order to learn how to trade.

[plvbob0070]

I think you just did what you need to do. The losses are really part of trading since price are unpredictable. Constant monitoring is needed for you to get the best bid price before it can go down. Never loose hope because prices now are getting better.

In order to become a good trader, you need to experience different losses in your funds and because of this, you can determine where you went wrong. All traders here already experience losses and I totally agree with you that it is a part of trading. For me, learning from your mistake in trading will lead you to become a good trader and you will not become a good trader if you did not experience it. Monitoring the price of your investment is a good tactic because you can easily know when is the best time to enter and to exit. Once you enter this field make sure you are ready for different outcomes because it is not easy as we expect and keep on learning more knowledge about trading. And, Always be positive and never lose your hope in achieving your goal.

[ohyeahhaha122]

you are right to use a little capital when you start trade, especially if you want to survive in this market, you must be a very experienced person then use big capital, when trading, we should not trust completely Index, I think it's only 50%, especially considering the psychology of the people who called sharks, this market seems to depend too much on them, and the world news that helps you So much, and always control yourself, good luck

[leyton11]

I think the best advice is to have a strategy and some rules and never break them. Don't let emotions get to you while trading. Take profits when you feel most bullish and buy when you feel scared of course as long as the trading setups follow your rules. Personally, I am learning as well, but this has been my biggest lesson.

Yep, discipline is an important thing for our traders to become successful.  but these sayings are in hundreds of books and thousands of results online.  Not only do we speak, we should give examples to people to make them easier to understand.  In my opinion, the psychological stability and fun will make us better planning and actively keep our discipline.  Therefore, I think that keeping us healthy and living scientifically is one of the ways we can trade better.  do you think so?

[@prashant]

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

[Lecam]

Many ways to learn trading especially to those new in trading theres a lot in YouTube how the proper way to trade. And here also theres a lot of post here step by step how to trade. Then after that make an own strategy how to trade wisely  and be smart to trade don't be greedy so that you can prevent your profit.

[FLoving]

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

Trading with a demo account is also good but it is still important that the person much have experience in the live trade which will tell that how much the person is expert in trade and how much can he earn and lose so after the demo period if the person want to go live then still he have not to trust blindly on his abilities and have to start with small capital to check his abilities for some longer time.

[takingthis4]

Only keep trading with low amounts, just do what everyone is doing. Instead of just jumping into the real stuff, preparation is the main target right now. When you truly trust your ability to make a real profit then you can start real trading and trust your abilities. Stay brave and be cautious, these are some basic things every good trader does and by the way, don't spend your entire life in the fresh air as well. Trading time and juggling your life are both very important and should have clear goals.

[huige007]

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

Trading with a demo account is also good but it is still important that the person much have experience in the live trade which will tell that how much the person is expert in trade and how much can he earn and lose so after the demo period if the person want to go live then still he have not to trust blindly on his abilities and have to start with small capital to check his abilities for some longer time.

I have also followed this method. Demo accounts are safer if you think that you need to polish your skills or get some authentic knowledge before getting into the real game. But as per my past experiences I have seen that it is much different when you actually trade and there are a lot many instances where practicality is required to decide what is profitable for you.

[Yatsan]

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

Trading with a demo account is also good but it is still important that the person much have experience in the live trade which will tell that how much the person is expert in trade and how much can he earn and lose so after the demo period if the person want to go live then still he have not to trust blindly on his abilities and have to start with small capital to check his abilities for some longer time.

I have also followed this method. Demo accounts are safer if you think that you need to polish your skills or get some authentic knowledge before getting into the real game. But as per my past experiences I have seen that it is much different when you actually trade and there are a lot many instances where practicality is required to decide what is profitable for you.

Using demo account for me is not advisable at all, it will just make you go all in in one trade or you will just regret not trading with real money if your money in demo trading account is winning. What I would like to suggest is that you guys should start trading using your own money, start with something small, at least in that way, you will feel the thrill and you will experience trading your own money. In trading experience is the best teacher, so just do it everyday and gain strategy and knowledge as time passes by, And don't forget to enjoy your trading experience.

you are right to use a little capital when you start trade, especially if you want to survive in this market, you must be a very experienced person then use big capital, when trading, we should not trust completely Index, I think it's only 50%, especially considering the psychology of the people who called sharks, this market seems to depend too much on them, and the world news that helps you So much, and always control yourself, good luck

Yeah, always follow the news and the trend. Bitcoin and other alts news is the best to depend whether the coin is going to pump or dump, that is base on my experience.

[Bonenx14]

Only keep trading with low amounts, just do what everyone is doing. Instead of just jumping into the real stuff, preparation is the main target right now. When you truly trust your ability to make a real profit then you can start real trading and trust your abilities. Stay brave and be cautious, these are some basic things every good trader does and by the way, don't spend your entire life in the fresh air as well. Trading time and juggling your life are both very important and should have clear goals.

the ability will continue to grow when we do the same thing over and over again, although it will be boring if we succeed in having these abilities but we do have to keep doing it because it makes us able to continue learning. most important when we are just starting trading, then learning with low funds is good enough with the aim that our funds are safe.

[supercanada1]

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

Trading with a demo account is also good but it is still important that the person much have experience in the live trade which will tell that how much the person is expert in trade and how much can he earn and lose so after the demo period if the person want to go live then still he have not to trust blindly on his abilities and have to start with small capital to check his abilities for some longer time.

A person learns throughout his life in every phase. I read somewhere, every person and incident we came across in our life is destined to teach us something. For a better learning in crypto market, start from the small investment in short term business and increase your investment with the period of time. Every investment will add into your knowledge. Beside that also learn from the traders you came across, and apply the techniques they adopt in your trade.

[LUCKMCFLY]

Only keep trading with low amounts, just do what everyone is doing. Instead of just jumping into the real stuff, preparation is the main target right now. When you truly trust your ability to make a real profit then you can start real trading and trust your abilities. Stay brave and be cautious, these are some basic things every good trader does and by the way, don't spend your entire life in the fresh air as well. Trading time and juggling your life are both very important and should have clear goals.

the ability will continue to grow when we do the same thing over and over again, although it will be boring if we succeed in having these abilities but we do have to keep doing it because it makes us able to continue learning. most important when we are just starting trading, then learning with low funds is good enough with the aim that our funds are safe.

Ideally, start with fictitious money, apply the plans to execute, when success is achieved in this way, I think you are prepared to face real trade, whether with a high or low balance, you must be equally careful, the idea is that you do not lose more money than you have available, and ensure you leave with a positive balance, however small, the trade should look like a business.

In my particular experience I establish a loss margin of less than 10%, and I have 3 trades to recover in case the market turns against me.

[bettercrypto]

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

Trading with a demo account is also good but it is still important that the person much have experience in the live trade which will tell that how much the person is expert in trade and how much can he earn and lose so after the demo period if the person want to go live then still he have not to trust blindly on his abilities and have to start with small capital to check his abilities for some longer time.

A person learns throughout his life in every phase. I read somewhere, every person and incident we came across in our life is destined to teach us something. For a better learning in crypto market, start from the small investment in short term business and increase your investment with the period of time. Every investment will add into your knowledge. Beside that also learn from the traders you came across, and apply the techniques they adopt in your trade.

Everything will always start in small. That's a paradox of human life.
We need to start for a small investment and be contented with our profits or earning. If you can't control your greed, don't deposit all of your money or it will be wasted.
The person that has determination and patience is the one the meets success. Trading is not a joke, it offers a lot in your entire body.

[Chaintrader_1]

Good recent video about the bullish and bearish signs in the chart of Bitcoin https://youtu.be/H6-foof7_kw

[spike420211]

you are right to use a little capital when you start trade, especially if you want to survive in this market, you must be a very experienced person then use big capital, when trading, we should not trust completely Index, I think it's only 50%, especially considering the psychology of the people who called sharks, this market seems to depend too much on them, and the world news that helps you So much, and always control yourself, good luck

I advise you to calculate your strategy based primarily on your own skills. It is not so important what size your deposit is, in any case, you must divide it into several parts in percentage terms.
Only then decide which asset and how many percent you are willing to trade. It will be much easier for you, because in fact your deposit itself will be divided into several parts.