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Author Topic: Newbies that has interest in trading!  (Read 974 times)
StarofBTC
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April 19, 2019, 06:29:39 PM
 #41

Thanks OP for the sites you just shared, I believe it’s not only for newbies, also for those who are already in the trade and would need to also freshen their memory, or those that has been out of trade for a while and would need to return back to trading.

All newbies in trading should really take their time to get enough training and become skillful before entering into trade, they can only come up with a strategy if they are well educated and informed about what the trading is all about, coupled with enough practices that they need to do too. If they don’t get enough trading and rush into trading without strategy, they will have no other way but to lose their trades.
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April 19, 2019, 06:48:32 PM
 #42

Thanks OP for the sites you just shared, I believe it’s not only for newbies, also for those who are already in the trade and would need to also freshen their memory, or those that has been out of trade for a while and would need to return back to trading.

All newbies in trading should really take their time to get enough training and become skillful before entering into trade, they can only come up with a strategy if they are well educated and informed about what the trading is all about, coupled with enough practices that they need to do too. If they don’t get enough trading and rush into trading without strategy, they will have no other way but to lose their trades.
I agree, a lot of newbies just get greedy and get blinded by the amount that other people get from trading thinking that it is easy and they jump in without any experience or understanding for the market, so it is good to give them a and through showing them the ropes and giving them ways and tutorials to learn before putting their money to risk, and also in the trading market it is a constant learning because you are never experienced enough with the market because it is always changing and there are a lot of variables tied to it, so thanks for the links op, these are pretty usefully.
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April 19, 2019, 06:48:54 PM
 #43

Thanks OP for the sites you just shared, I believe it’s not only for newbies, also for those who are already in the trade and would need to also freshen their memory, or those that has been out of trade for a while and would need to return back to trading.

All newbies in trading should really take their time to get enough training and become skillful before entering into trade, they can only come up with a strategy if they are well educated and informed about what the trading is all about, coupled with enough practices that they need to do too. If they don’t get enough trading and rush into trading without strategy, they will have no other way but to lose their trades.
They will surely loses their money if they will go and invest right away without any practices or with an empty knowledge placing their bids, inside this business, person who's willing to succeed needs to undergo in each levels of knowledge, it's not a gambling type of activities where you are just leaning with luck and be happy after you win, it's a continue process, a cycle which is very beneficials for people who's looking for big rewards.

The thread will open up your minds picturing everything inside trading activities, with a wide ideas on how to begin correctly and accurately according
to your knowledge that you get from this articles / tutorials.

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April 19, 2019, 08:04:43 PM
 #44

This is a great strategy, learning from the forums, learning about the different projects that are carried out, following some of your Airdrops, doing tasks to earn rewards, following ICOs and some STOs, everything is valid because apart from participating in these Blockchain processes and of technology what is very acceptable that the forums teach through experts with a lot of experience in the Crypto world and that some have Stock Market experience.

Trading is something much more delicate, it is easy to lose as it is to win, I think that for a beginner to start, he should read books and not get involved with indicators or technical analysis, what he should do is read speculators with enough experience, that tell their experiences in the market and that this has a clear argument of what cryptocurrency and bitcoin are.

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April 19, 2019, 09:39:35 PM
 #45

Forex is Foreign Exchange you can buy stocks in here that is worldwide. Example, you can buy apple stocks, Microsoft stocks and many more.
Stocks are not related to Forex.
I think what he meant by relating stock to Forex is that most Forex exchange companies equally trade stock on their platform and I think that was the reason why he was trying to link it with Forex forgetting that there are people here that good in reading between line of every comments.
Wow, you actually got my point. This is what I really meant on my sentence. I'm sorry if my words created a misunderstanding between people in here. I only know that on forex exchange you can trade stocks on that platform. I have a friend in which he is a forex trader, he's just telling me his experience on trading on that platform since I'm a cryptocurrency trader, we shared ideas.

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April 19, 2019, 10:11:38 PM
 #46

Thank you for these sites you gave us. I'll be quoting these websites for reference. Because I will study too  Grin
That’s a good site to learn more about trading without spending much money. I’m also looking for this one where I can trade in real market with my demo account, this is going to be a great site for the newbies.

I believe more sites about trading are already there, so there’s no excuse for us not to improve are trading skills and if we really want to learn about it, then we should make ways to achieve this one. Your skill is important in trading, newbies should developed it.
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April 19, 2019, 11:42:40 PM
 #47

Forex traders usually find Crypto alot easier and since they have been around the whole environment its a lot easier to get things started at a higher speed I just hope there is still opportunity for newbie traders with the current market

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April 20, 2019, 03:58:56 AM
 #48

Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.

Luck has a lot to do with it, that is true. But the overwhelming majority of a good traders success comes from hard work. Analysis of the market, the fundementals, being familiar with current events, news etc. Its a lot of work but can be extremely profitable
sometimes luck does give a role and often saves you from losses, but we cannot depend on luck, trading is not gambling.
so for newbies, learn, understand how to analyze, and research because it is far more important in trade
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April 20, 2019, 04:26:38 AM
 #49

I mostly download pdfs from a telegram channel which more focused on forex trading, however, haven reqd some of the books made it easier to make the transition to crypto trading. YouTube is also a good resourse to expand your knowledge in trading.

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April 20, 2019, 04:39:12 AM
 #50

Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.

Luck has a lot to do with it, that is true. But the overwhelming majority of a good traders success comes from hard work. Analysis of the market, the fundementals, being familiar with current events, news etc. Its a lot of work but can be extremely profitable

Crypto is very different from the FOREX and STOCKs, I have been trying to trade in crypto  for quite awhile but I'm not really having much success unless  the market is going in one trend just like what its currently doing. The market is climbing up daily and its easy to trade today than to trade few months ago when the trend is going down and sideways.

The two main difference between forex and crypto trading is that

1) In Forex there is less volatility  and crypto is much more volatile.
2) Your portfolio can be zero in forex if you have big loss but in crypto the portfolio will never become zero and you can hold until the coins regain the value.
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April 20, 2019, 05:00:33 AM
 #51

I am a newbie. I want to trade in this Market. I want suggestion for tread. Which Exchange is best And which token or coin best such kind help i need.     

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April 20, 2019, 05:07:48 AM
 #52

I am a newbie. I want to trade in this Market. I want suggestion for tread. Which Exchange is best And which token or coin best such kind help i need.     
There is no such thing as "best exchanger", it depends on what you want to trade on. Do you want to trade Bitcoin/USD? Altcoins? BTC/USD margin trading?

Anyway, you seem pretty clueless about trading. You better read and learn more before jumping straight to real money trading. The links given in OP are a good way to start.
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April 20, 2019, 05:16:15 AM
 #53

Good job OP to the link that you have shared here I left you a small reward on your great work. The link was given by the OP is the best way to build knowledge on how to trade especially newbies that may learn at the basic move in trading. There is no perfect exchange site so if I were you focus on one and don't forget to gather from others review.
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April 20, 2019, 07:22:11 AM
 #54

I am a newbie. I want to trade in this Market. I want suggestion for tread. Which Exchange is best And which token or coin best such kind help i need.     
There is no such thing as "best exchanger", it depends on what you want to trade on. Do you want to trade Bitcoin/USD? Altcoins? BTC/USD margin trading?

Anyway, you seem pretty clueless about trading. You better read and learn more before jumping straight to real money trading. The links given in OP are a good way to start.


Yeah dude, with how you formed the question, it seems it'll be better if you observe first and try to learn a little more before getting into your first trades. Good thing that your interest is there but people often lose that when they lose money so understand first and manage your expectations before you move to the specifics.

 
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April 20, 2019, 07:39:05 AM
 #55

I am a newbie. I want to trade in this Market. I want suggestion for tread. Which Exchange is best And which token or coin best such kind help i need.     
If you are going to ask everything to someone then don't expect to be a successful trader,you need to do some research on your own and pick a trading method based on your preference.For beginner day trading is not good to start with so be a short term or long term investor and the choose trading pair based on your capital and then finally pick the exchange.

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April 20, 2019, 08:42:20 AM
 #56

I am a newbie. I want to trade in this Market. I want suggestion for tread. Which Exchange is best And which token or coin best such kind help i need.     

You already see that many of us discuss the exchanges and I think you can have some idea to join in what exchanges. We recommend binance for new people because that site doesn't need to verify. But if you want to follow the procedure, then you can verify yourself in binance, and you can try to join in the other exchanges.

Bittrex and Poloniex are also the good exchanges, but those sites need verification so you can start to trade. So you already have three exchanges right now, and you can visit one by one of the exchange, and then you can decide on which exchange you want to trade. And if you don't have good skills in trading, perhaps, you should use the small balance to learn about trading.

Don't be afraid if you cannot make a profit because you are still new in trading. You should learn more about trading so you can make your first profit and you should improve your skills by reading, watching, and practicing trading. That will be a good suggestion for you right now.

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April 20, 2019, 10:12:08 AM
 #57

Do paper trading extensively. Don't try to put real money even if it seems tempting. Get used to the market. There are many things that you won't notice while learning and demo trading. But when you put your own money, the picture becomes clear. With money, emotions too come in play and there's no place for emotions in trading. This is the biggest mistake done my newbie traders. You'll make loss in starting, but eventually you will gear up.
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April 20, 2019, 12:33:13 PM
 #58

Trading is not luck but carefully analysis and been smart enough to buy at the right time/price  and been patient enough to hold till the market reach the pick.  It is risky but you can still make money if you can buy now that the price is still very low and sell when it starts going up towards $20,000 or $30,0000.
analysis? in fact with various analyzes many people were destroyed by this year's trade.
in my opinion luck is also the most important factor in trading, because no matter how great someone's analysis will be very difficult to predict the current market.

Luck has a lot to do with it, that is true. But the overwhelming majority of a good traders success comes from hard work. Analysis of the market, the fundementals, being familiar with current events, news etc. Its a lot of work but can be extremely profitable

Crypto is very different from the FOREX and STOCKs, I have been trying to trade in crypto  for quite awhile but I'm not really having much success unless  the market is going in one trend just like what its currently doing. The market is climbing up daily and its easy to trade today than to trade few months ago when the trend is going down and sideways.

The two main difference between forex and crypto trading is that

1) In Forex there is less volatility  and crypto is much more volatile.
2) Your portfolio can be zero in forex if you have big loss but in crypto the portfolio will never become zero and you can hold until the coins regain the value.

The first part is true but i will argue about teh second part. It is very possible that your "bag" can become worth essentially 0. To see proof of this all you need to do is look at how many de-listed scam coins there are. Those are all worth 0.
On top of all this, 99.95% of all crypto currencies are pure speculation based on hype and no product nor actual value. This makes it way more dangerous
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April 20, 2019, 03:12:30 PM
 #59

Remember to demo trade first before putting really money.
Wait, so are you saying that you can have a trial on such sites to practice trading? That's cool! I will definitely screenshot your thread for reference. And I hope it wasn't difficult as rocket physics Lol. I guess better for me if I start studying now so that I can invest already after saving some money.



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April 20, 2019, 05:55:13 PM
 #60

Everyone had the ability to anything but we need to guide them properly while they are interested in this field it will be very useful for the development of cryptocurrency field so anyone can enter into the speed but doing the proper ways to get your experience and trade successfully is little bit tougher but at the end you can be easily made money in cryptocurrency trading.

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