Guide to Crypto Trading Strategy and Risk Management

[JacobKeeting]

free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/

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[Marshall14]

Shouldn't this be in the trading discussions sections,i do not feel this has anything to do with the forum which meta is concerned about

You can move this topic(bottom left) to the trading discussions section

[Hoganti]

Risk management is a very important moment in trading, risks and losses force newcomers to give up their positions and lose money, so emotional mood plays an important role in trading.

[St4yInTh3D4rk]

I don't know what is written on that book but trading is not something like you need to pre-planned and act according to that,it just like how you should react at that situation it may never happened in the history before.Maybe will download that book and read to see how they explained trading when I have free time for that until that I will just survive with my own strategies.

[Obiwankenodium]

As a start, i really like Cryptocred's studyguide. You can find it on his twitter.

[Stockr.co]

How is this book any different than 1000s others out there?

[DavidStone]

NewConsort things if you want to become a successful cryptocurrency trader and protect yourself from available risks in trading, set yourself a stop loss. It will help you avoid losses because of a sudden drop in price. Stop loss means a rate of the price when you automatically stop your trading. For instance, if you purchased Bitcoin Cash for $ 100 and set a stop loss of 50 %, it means when the price drops to $ 50, a broker will sell your deposits. In such a way, you protect yourself from available risks.

[Kemarit]

How is this book any different than 1000s others out there?

Sorry but the OP won't answer you back because it's obviously that he/she just wanted everyone to download it. I don't know what's the content of it but I assume that it will be the same rehearse thingy we can find out there. If you really wanted to be a 'expert' in trading, then get your hands dirty and see if for yourself, there's no better teacher than experience.  . And don't believe everything you read from the internet.

[Oilacris]

How is this book any different than 1000s others out there?

Sorry but the OP won't answer you back because it's obviously that he/she just wanted everyone to download it. I don't know what's the content of it but I assume that it will be the same rehearse thingy we can find out there. If you really wanted to be a 'expert' in trading, then get your hands dirty and see if for yourself, there's no better teacher than experience.  . And don't believe everything you read from the internet.

Those are just guidelines but without experiencing itself wont really give you any improvement and you are right there no better teacher than experience.There are hundreds of ebooks online which you can download for free and read it up.You can really learn from it and can be applied on your trading system but profitability or outcome would always vary on how you do able to perform and apply those ways.

[kkaroul4]

for beginners, if my advice is better, find a mentor in a book and on youtube. because due to the mentor I was good at getting good trade knowledge

[StefaniGolf]

I know one trading platform based on blockchain providing starting trades with new crypto trading strategies. This is NewConsort platform. It’s really a good idea for you. NewConsort team is going to launch a new generation online trading platform where best traders, coaches, and mentors will be able to share their guides to crypto trading strategy and best tutorials on how to trade financial products and cryptocurrencies with newbies. I think this is a really great idea to join best-experienced traders all over the world who can educate beginners.

[cryptocointrade.com]

How is this book any different than 1000s others out there?

Sorry but the OP won't answer you back because it's obviously that he/she just wanted everyone to download it. I don't know what's the content of it but I assume that it will be the same rehearse thingy we can find out there. If you really wanted to be a 'expert' in trading, then get your hands dirty and see if for yourself, there's no better teacher than experience.  . And don't believe everything you read from the internet.

Those are just guidelines but without experiencing itself wont really give you any improvement and you are right there no better teacher than experience.There are hundreds of ebooks online which you can download for free and read it up.You can really learn from it and can be applied on your trading system but profitability or outcome would always vary on how you do able to perform and apply those ways.

I agree with your first statement "he/she just wanted everyone to download it".
I do agree partly with your second opinion "then get your hands dirty and see if, for yourself, there's no better teacher than experience".

It's true but in one way or another you need to read to learn the basics before you get your hands dirty, otherwise, you will burn them that hard you will never dare to come back.

I agree you shouldn't "believe everything you read from the internet." either.

HOWEVER, (I didnt read the guide either yet) someone out there supplies free information and that is what the internet is about (Yes, he/she wants to make money out of it obviously). But that doesn't have to be bad. They have obviously spent time creating a PDF and a real company behind.

[mrdeposit]

I agree you shouldn't "believe everything you read from the internet." either.

HOWEVER, (I didnt read the guide either yet) someone out there supplies free information and that is what the internet is about (Yes, he/she wants to make money out of it obviously). But that doesn't have to be bad. They have obviously spent time creating a PDF and a real company behind.

Of course, in order to get started, you should first gather information, then test it and then continue with small amounts of money and learning from the mistakes and as time goes by you will be more experienced.
On the other, both of you are right, but you should always avoid the wrong information, because false information means false analysis.

[enawati]

Learn from my mistake in trading, actually the first thing that we should be know and  learn first in trading is about risk in trading and how to minimize it. I have seen alot of beginner trader did not use stop loss in trading so they been loss more than 90%. So we have to know how to use stop loss is the first thing we should be know.

[moynul2050]

free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/

I have downloaded the ebook and have read it in part.
but I have not been able to read it until it is finished and at this time I have not found anything that I can realize to minimize the risk of trading.

[Lanatsa]

free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/

I have downloaded the ebook and have read it in part.
but I have not been able to read it until it is finished and at this time I have not found anything that I can realize to minimize the risk of trading.

Good grief that someone do able to download that ebook and do tell his insights about it.If you cant find anything useful then its clear that there no point on downloading this stuff on the first place.
 

[LOLpenguin]

Risk management is definitely one of the most important aspects of trading. You can be great at reading charts but if you can't manage your risks, you'll lose your profits faster then a crypto newbie loses his hope for a new lambo after the market crashes. Risk management is not only in choosing the right projects, it is also in optimizing your trading system. You should keep the funds you are not actively trading off the exchange, preferably on a secure device like a hardware wallet like Leger Nano or Trezor, or on a phone that's designed for security like BitWings' Wings WX phone. You should also take into account things like transaction fees and gate fees. And of course your behavior on the internet, although if you have a phone dedicated for security, it won't be as critical, but the correct behavior is still important.

[ardentvolcanoes]

free eBook for you to start with understanding your trading style and setting up investment strategy: https://www.signalshunt.com/crypto-trading-strategy-ebook/

I have downloaded the ebook and have read it in part.
but I have not been able to read it until it is finished and at this time I have not found anything that I can realize to minimize the risk of trading.

Good grief that someone do able to download that ebook and do tell his insights about it.If you cant find anything useful then its clear that there no point on downloading this stuff on the first place.
 

True, if there' nothing that  interesting to read learning some strategy it's  not worth to download, I must prefer to watch videos from channels
that truly dealing with the actual market, youtube  have some good sharer basic fundamentals that can be learned by newbies, a good guide before
going in and deal with the actual trading platform.

[Kripka]

Risk management is definitely one of the most important aspects of trading. You can be great at reading charts but if you can't manage your risks, you'll lose your profits faster then a crypto newbie loses his hope for a new lambo after the market crashes. Risk management is not only in choosing the right projects, it is also in optimizing your trading system. You should keep the funds you are not actively trading off the exchange, preferably on a secure device like a hardware wallet like Leger Nano or Trezor, or on a phone that's designed for security like BitWings' Wings WX phone. You should also take into account things like transaction fees and gate fees. And of course your behavior on the internet, although if you have a phone dedicated for security, it won't be as critical, but the correct behavior is still important.

Is that the phone: https://bitcointalk.org/index.php?topic=5110359? Saw it on the forum yesterday, seems quite interesting

[LOLpenguin]

Risk management is definitely one of the most important aspects of trading. You can be great at reading charts but if you can't manage your risks, you'll lose your profits faster then a crypto newbie loses his hope for a new lambo after the market crashes. Risk management is not only in choosing the right projects, it is also in optimizing your trading system. You should keep the funds you are not actively trading off the exchange, preferably on a secure device like a hardware wallet like Leger Nano or Trezor, or on a phone that's designed for security like BitWings' Wings WX phone. You should also take into account things like transaction fees and gate fees. And of course your behavior on the internet, although if you have a phone dedicated for security, it won't be as critical, but the correct behavior is still important.

Is that the phone: https://bitcointalk.org/index.php?topic=5110359? Saw it on the forum yesterday, seems quite interesting

Yes, that's it.

PS! Welcome to the forum!