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September 07, 2018, 09:19:27 PM |
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Today I'm writing about this for the fifth time. I hope that my advice will be useful to you and you will make the right choice.
I think that your goal is to become a good trader. That's why you decided to start learning about this. But this topic was too voluminous and heavy, so you're sure that someone will teach you everything. I guessed? If that's the case, then listen to me. You don't need any paid lessons at all. All information is on the Internet, you just need to find it.
That's what I'm going to propose to you, and you can do what you think is right: 1. Find a few news resources where only crypto news is considered. Start actively reading the latest news. So you will be aware of many of the latest news.
2. Begin learning the basics of trading with the study of technical analysis. Here you can use the video (YouTube) and read the materials on the internet. You should know that technical analysis is suitable for any markets, so if it is considered in the Forex market, then it's not scary, you just need to understand the essence of technical analysis.
3. When you begin to understand what is technical analysis and how to work with it, then you can begin to practice on small amounts of money. If you don't know which exchange to choose, then I recommend work with some popular of them. You can create a separate topic on the forum and ask the opinion of respected people. As for how to work on these exchanges, this information can easily be found on Youtube.
4. Further I would recommend to familiarize yourself with trading indicators (this is an important analysis tool in the work of a trader, which is indispensable in forecasting price fluctuations. Experienced traders use a large number of indicators to obtain more accurate data for entering the market.They help in drawing up a correct forecast of the behavior of prices currencies for a certain period of time).
5. Also get acquainted with the fundamental analysis. This is an important component in forecasting prices.
6. I would also like to recommend studying candlestick analysis. This is a very interesting kind of analysis that helps to assess the market and make predictions based on the shapes of candles or their combinations (patterns).
If you want to become a successful trader, then please don't be lazy. Learn all the information I have offered. Yes, it will take a lot of time, but it will bring you much more benefits than buying a course of questionable quality.
Good luck to you!
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