Learning day trading

[Orville_Brown]

Unfortunately, now not everything can be learned free of charge in a short period of time. So if you want to save time and learn something more, do not be afraid to spend money.

Gotta spend money to make money! Yeah, don't be afraid to try out a few of the courses that are available. You can find reviews on them if you dig deep enough. Unfortunately, most of the good ones are incredibly expensive. But that's the cost that quality comes with.

Another good option is using books from professional traders as reference, and then putting the techniques into practice and seeing which ones work best for you. There is no "golden strategy" or "one-size-fits-all" technique that will make profits all the time. A big part of learning is being adaptable to change, and recognizing why something didn't work.

[gayan7788]

i think not good idea day trading,  now the market is down, btc is not stable your money is lost

[Wind_FURY]

OP or any newbie that believes day trading is good to profit from the market, I believe you should stop now and think about your strategy again. More than 90% of you will not be skilled and efficient enough to beat the market.

Why go through all the stress if you can profit more by buying the dip, and hold?

[mrproblem]

First learn and check if you have enough time for that and start to learn details of day trading

[Moiyah]

I checked and joined the discord group you have mentioned here, it seems I can't find the main lobby qhere I can find their technical analysis and others. Only rules and faqs are their. Anyhow, discord groups seems to be misleading sometimes. I've experienced getting lost because I followed their advice. We can still trust our own TAs.

[btc_angela]

I checked and joined the discord group you have mentioned here, it seems I can't find the main lobby qhere I can find their technical analysis and others. Only rules and faqs are their. Anyhow, discord groups seems to be misleading sometimes. I've experienced getting lost because I followed their advice. We can still trust our own TAs.

Exactly, they are really misleading and their intention is to enticed newbie traders to join. And then they will give you good tips in the beginning and of course you will be happy because you are already earning. But here's where it get more interesting, they will ask you then to join their premium paid services and that's the beginning of your downfall. Because you already fallen for their trap and instead of you earning money who might find yourself and the end of the deal. So just be careful and I totally advise not to join anyone of those paid pump-and-dump groups.

[AnswerSeeker]

Please share the series link.

The first thing I did when I was learning daytrading was to become an expert on candle charts.  There are 12 hr series on just this one chart alone.  It has really is the one tool yo need to be proficient with as almost everything you see is a candle stick chart. 

[Hans17]

I have this link down below you can check it out, as of now it's only the link that i will give cause neither am i , i still learning and just new on the trading field , and i just wanted to share this strategies i hope it will serve as a module also a motivation.

link: https://www.investopedia.com/articles/trading/06/daytradingretail.asp

[ThorWin]

Day trading will be more difficult for us, maybe in a short time, generally in a day you can reduce the capital to 50%, so long term transactions will be better for you, that is my personal point of view

[Wong owah]

if you want to learn every day's trading is very good, because if we trade every day can get a lot of profit, so we can get a lot of profit.

[LoupGaroux]

Recently I asked about day trading tips on this forum and got really nice response. Some one introduced me to Voodoo day trading community where I found perfect atmosphere to learn day trading and technical analysis: https://discord.gg/yBmNzRm  I have spent last whole week in the free channel in the group and learnt some interesting tricks and earned a decent amount of money.

Although free channel has helped me immensely so far but it feels like to reach the next level, I have to join paid channel. I wanted to ask that is it worth to pay for learning day trading or I could found free stuff instead? This forum has been a great help to me in past. I hope I will get some valuable feedback this time too.  

It is a hard and painful process to learn sometimes it will lead you to a big loss so the first suggestion is never risk more than you can afford to lose it is the most common law here.

[AnswerSeeker]

I am taking care of that

It is a hard and painful process to learn sometimes it will lead you to a big loss so the first suggestion is never risk more than you can afford to lose it is the most common law here.

[srcnckr]

Recently I asked about day trading tips on this forum and got really nice response. Some one introduced me to Voodoo day trading community where I found perfect atmosphere to learn day trading and technical analysis: https://discord.gg/yBmNzRm  I have spent last whole week in the free channel in the group and learnt some interesting tricks and earned a decent amount of money.

Although free channel has helped me immensely so far but it feels like to reach the next level, I have to join paid channel. I wanted to ask that is it worth to pay for learning day trading or I could found free stuff instead? This forum has been a great help to me in past. I hope I will get some valuable feedback this time too.  

It is a hard and painful process to learn sometimes it will lead you to a big loss so the first suggestion is never risk more than you can afford to lose it is the most common law here.

Trading on Free Telegram signals is extremely risky for most new entrants to the market. These commercial signals are often bought and sold by speculators for a long time, when they need to sell to signal on the signal to many buyers and sell them. That is the way many free trade groups today.

[SlimShadyMmp]

Mostly free channel offer the basics and as for trading man once your are done with the basics i think the rest is up to you to decide how you run your market and assets

[richminded]

OP or any newbie that believes day trading is good to profit from the market, I believe you should stop now and think about your strategy again. More than 90% of you will not be skilled and efficient enough to beat the market.

Why go through all the stress if you can profit more by buying the dip, and hold?

Yeah, newbies might be thinking out of the reality and when they experience their first loss for sure they will panic. Learning day trading is fine, but you must assess yourself first if you really want that kind of job, its risky and you might lose everything on that. Holding is the best way to earn higher profit for a beginners.

[ratna altika]

Learning and studying about day trading if you'll practice it in actual. It is important that we'll have enough knowledge and idea about what we are doing to get rid of losses. I believe that actual day trading would be a good training ground for us to do better in trading and to have a passive income as well.

[itscomplicated]

What a great community/group you found, hope I can join something like that too
would be glad to share my knowledge and learn new ideas.

[Genemind]

Recently I asked about day trading tips on this forum and got really nice response. Some one introduced me to Voodoo day trading community where I found perfect atmosphere to learn day trading and technical analysis: https://discord.gg/yBmNzRm  I have spent last whole week in the free channel in the group and learnt some interesting tricks and earned a decent amount of money.

Although free channel has helped me immensely so far but it feels like to reach the next level, I have to join paid channel. I wanted to ask that is it worth to pay for learning day trading or I could found free stuff instead? This forum has been a great help to me in past. I hope I will get some valuable feedback this time too.  

Actually, I know a lot of good traders out there who learned about trading through their own effort. Just join trading groups, yoi can actually have friends there, share ideas, thoughts and strategies on trading.

[Wind_FURY]

OP or any newbie that believes day trading is good to profit from the market, I believe you should stop now and think about your strategy again. More than 90% of you will not be skilled and efficient enough to beat the market.

Why go through all the stress if you can profit more by buying the dip, and hold?

Yeah, newbies might be thinking out of the reality and when they experience their first loss for sure they will panic. Learning day trading is fine, but you must assess yourself first if you really want that kind of job, its risky and you might lose everything on that. Holding is the best way to earn higher profit for a beginners.

It might be fine for some but not for many. Many will lose their money, and that could turn them away from Bitcoin. It is also not be a proper introduction for their Bitcoin journey. I believe there are better ways to do that.

Educating newbies on decentralization, censorship resistance, sovereign ownership, etc should be done. If they understood those things in Bitcoin, I believe they would not waste any of it by "day trading".

[feelideb]

Learning day trading will come naturally as intensity of your trading increase. Trading involves can whole lots of planing and deliberate activities that will leads to profit or loss. Not repeating any mistake made will increase your skills and give you an edge in trading decisions.