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Author Topic: Beginner Trader  (Read 1711 times)
doomistake
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September 29, 2019, 06:59:12 PM
 #41

Practise makes a man perfect so you can try on demo trading than create an account on binance for trade and learn because you can see live trading.
I think binance is not recommended for beginners, there is a big risk, so the opportunity to get profits is very difficult.
Don't forget to use small capital to avoid losing.


Any exchanger site will do, but I recommend something that have a more simple interface life hitbtc for a beginner. A friendly interface that is not that hard to explore is an important thing, also OP is just a beginner so he must start on the easiest part, there is no need to jump off too far, that will only make things worst like he will not be totally ready in Trading if he is going to take the shortcut.

Binance interface is complicated to understand than hitbtc interface in my opinion, anyways, OP could try many exchangers because it is free and it's his job to find the right exchanger for him.
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September 29, 2019, 07:37:23 PM
 #42

If you want to get educated about the trading, please join the official telegram of Binance or Bitrex. You may watch the messages on the group by the experienced traders and you can initialized the coins what they are planning to invest.
After sometime you can start trading with your own knowledge and make some mark with that strategy.

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September 29, 2019, 07:48:06 PM
 #43

If you want to get educated about the trading, please join the official telegram of Binance or Bitrex. You may watch the messages on the group by the experienced traders and you can initialized the coins what they are planning to invest.
After sometime you can start trading with your own knowledge and make some mark with that strategy.
For me, that is minor information there that you have got if ever. The best step in studying trading is here in the forum, just like me, before I step in on the trading as a trader it takes for me of almost 2 years. Hmmm, just a small question. Bittrex and Binance community I may consider a HYPE group. I won't trust that kind of trustworthy issue. I think if you are not prefered on doing trading, just keep on research.

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September 29, 2019, 08:14:35 PM
 #44

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
The advice that i can give you is to just go and learn about trading from the youtube videos and articles and than make your own research on what coin and how you wanna trade, all of these are up to you to decide and learn, but when it comes to where you should trade i really don't recommend going around and looking for cheap sites that have no reviews, they are usually have bad services and maybe slow transactions which you don't want to be happening in trading where every minute costs you money, so just stick to the popular community approved trading sites where you rarely have any issues.
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September 30, 2019, 01:42:25 AM
 #45

You are in the right section,..
About your concern, I suggest you don't trust a broke here, trust your self by developing your self in the crypto space.
Be active in the forum and I'm sure you will read a lot of valuable information.

I started by myself, watch videos in youtube and read some article and of course participate in the forum.
What can I say? I'm a bit successful with trading now, though I'm not a day trader but I believe I'm up so as of this date.
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September 30, 2019, 02:09:54 AM
 #46

If you want to get educated about the trading, please join the official telegram of Binance or Bitrex. You may watch the messages on the group by the experienced traders and you can initialized the coins what they are planning to invest.
After sometime you can start trading with your own knowledge and make some mark with that strategy.

Be careful if you want to join the official telegram of Binance or Bittrex because you still need to analyze by yourself so you can find a good time to buy bitcoin. I think when the price is down for a low price, that will be a good time to buy but that will depend on the trend because not every low price will be the down of the price. That will need more analysis to determine the very low price, and you should learn about that so you will get the right time to buy bitcoin.

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September 30, 2019, 02:40:55 AM
 #47

When i first start in crypto trading i did watching a lot of video in social and read more about trading in google before i go start in trading and the first thing i did when i do trading is practice more in a low capital so it wont realy hurt in my pocket if i lose.

You have the advantage in Trading if you know what you are doing, you know 90-95% of what is going to be the result of the price chart everyday. You could also start by buying in the lowest price(if you feel like it is the lowest price) and sell it when it pumps up(if you think it is not bad to sell) strategy as a fresh start in Trading, for you to know how Trading really works, you could still take your time to study a lot of things before Trading.

I am always doing this strategy whenever I get bored and luckily it turns out always well. I want to learn to trade well but I don't enough time to watch in youtube or maybe I am just lazy person.
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September 30, 2019, 02:50:51 PM
 #48

To start trading the first you can ask your friends or relatives who have been traders for a long time. Or you can learn from YouTube or Google. Find out in advance how to deposit and withdraw, how to sell and buy.

The second is looking for an exchange that has a good reputation such as bittrex, binance, etc. Learn how to trade in this market.

The third one you can start by buying potential coins like bitcoin or ethereum.
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September 30, 2019, 06:21:11 PM
 #49

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?


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October 01, 2019, 12:02:19 AM
 #50

There are many ways to learn for beginner Trader. Especially in our day because of the modern technology we have, it's easy to find video tutorials that teach the basics of trading in crypto. Ask questions that will surely be answered and provide guideline links for you to read.
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October 01, 2019, 01:22:39 AM
 #51

I usually trade on indodax and upbit exchanges, because I can change it to rupiah whenever I want
but I suggest you trade in binance and start with a little money while learning to analyze

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October 01, 2019, 10:09:12 AM
 #52

Only your bitter experience will allow you to take the right direction in the cryptoassets trade. Now many people recommend using bots and professional platforms, but why are the owners of these products themselves not millionaires yet ?
I would recommend investing.com from application Android market for working with cryptocurrency. App provides the ability to create a portfolio for all available assets + a convenient interface with night and day skins.
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October 01, 2019, 10:29:36 AM
 #53

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
It looks like you are not much expert in the trading field. I will suggest you to first spend time with expert traders and learn from them about trading. This forum will also be great for you to learn a lot about trade. You can also search for some academies in your area to get some classes there. After that you have to start trade but on well-known exchanges, as these exchanges are known as trusted and the other benefit is that there you will find a lot of traders so a high trade volume.
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October 01, 2019, 10:47:54 AM
 #54

There are many ways to learn for beginner Trader. Especially in our day because of the modern technology we have, it's easy to find video tutorials that teach the basics of trading in crypto. Ask questions that will surely be answered and provide guideline links for you to read.
right, it is really big help if you first research and find many video tutorial you can easily see it by searching in youtube. Just dont forget that there are also too many scam attempt of tutorial like auto trade promising a return without doing anything you must avoid that and only focus on learning.

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October 01, 2019, 12:33:52 PM
 #55

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
no, in the crypto market, you should not work with brokers or trading professionals. Make your own money with your own experience.
I recommend you sincerely because I don't want you to lose money. There are plenty of scammers here and no expert can trade that much profit in the long run, unless they're sharks.
The crypto market is full of manipulations and I often see experts losing heavily if the market goes against their predictions. Therefore, I recommend taking a trading course. That would be better for you in the long run.

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October 01, 2019, 01:01:17 PM
 #56

You need to do different things than the others. Trading is about this I guess. To become a succesfull trader, as a beginner, start with psychology of the market and follow the trend.
Don't fall the so called trading bots. You don't sell a bot if it is good. 
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October 01, 2019, 01:26:25 PM
 #57

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
I don't know why you are even considering these small exchanges as an option. We have some major crypto exchanges world wide which experience large volumes each day. They have a history of safe and secure trading with absolutely no issues. Binance.com, Kucoin.com, Bitmex.com, Bitfinex.com all these exchanges are easily accessible and if you want to withdraw BTC to your bank account transfer it to coinbase from where you can easily withdraw any amounts of currency. So I don't know anything about Tradenix but one thing I am sure about is that they aren't as secure as these top rated exchanges.

If this is some trading bot then stay very very far away from it. NO trading bot I repeat NO trading bot is legit unless it is tailor made by you yourself.
Only your bitter experience will allow you to take the right direction in the cryptoassets trade. Now many people recommend using bots and professional platforms, but why are the owners of these products themselves not millionaires yet ?
I would recommend investing.com from application Android market for working with cryptocurrency. App provides the ability to create a portfolio for all available assets + a convenient interface with night and day skins.
Unfortunately that apps doesn't allows you to buy or sell cryptocurrencies at it's own which is why the OP is asking for some exchange on which he can trade.
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October 01, 2019, 01:52:31 PM
 #58

Well, if you are bigger then the first thing for you is to learn the charts and patterns and how they work, the second thing you need to read some good books where you can learn how acutely these markets work. I suggest you read One of the best book in financial markets "Trading in the zone" by mark Douglas. I assure you can learn a lot from this book, I hope it will help you to become a good and pro trader.
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October 01, 2019, 05:33:52 PM
 #59

Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

My opinion may very well be unorthodox

Long story short, to be a successful trader you should have an appropriate mindset. The problem is that most people don't have that mindset and thus they are predisposed to lose in the long run. So if you want my take on this, you should first find out whether you belong to the winning minority or the losing majority. Indeed, you can find out that the hard way (most likely, by losing piles of money), but there should be ways which could show how you would actually fare in the stressful conditions of real trading (hint, demo-trading is definitely not of one of these ways)

You need to do different things than the others. Trading is about this I guess. To become a succesfull trader, as a beginner, start with psychology of the market and follow the trend

Trend is your friend, indeed. Until it turns around and stabs you in the back

I suggest you read One of the best book in financial markets "Trading in the zone" by mark Douglas. I assure you can learn a lot from this book, I hope it will help you to become a good and pro trader

I think the best way to learn the basics of trading is to work alongside a real trader with lots of expertise and success in the field

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October 01, 2019, 08:55:22 PM
 #60

Try to learn from the best. One article may not be enough, you need a living conscious experience, but not necessarily this experience should be yours.
In the telegram there are rare channels of experienced traders who, for a fee and sometimes almost for free, post the history of their transactions in one way or another explaining them.
I think this is the first thing to start with in improving your skills. In addition, you can stumble upon the one who will become your teacher in the future.

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