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Author Topic: Recommend trading strategies sites  (Read 288 times)
SheriffEl (OP)
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December 16, 2019, 08:39:19 AM
 #1

Hello

which websites/platform would you recommend beginner to learn trading strategies. Any educational programs or articles?
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December 16, 2019, 11:34:40 AM
 #2

To be survived in crypto market, the vital thing you have to learn is FUD. What is FUD?
Fear, Uncertainty, and Doubt.

Don't trade if you don't afford to lose your money.
Don't use margin trade (that is more popular recent months) if you don't afford to lose your money fastly, in a blink of eyes, due to shady manipulations from whales and exchanges.
Don't trade with assets you don't have enough knowledge (after indepth investigations).
It's better to avoid trading with too young assets (less than four years old).

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JeromeTash
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December 16, 2019, 09:48:10 PM
 #3

Youtube is a good place to get such information from. There are websites that claim to provide strategies and tricks but the problem is 99% of them will ask you a fee which is pretty stupid IMO because at the end of the day each one of us will have a certain type of strategy we feel comfortable with.

So what i advice you to do is watch those YouTube videos to;
- Learn to interpret the chats,
- Learn the major trading rules and risk management
- Learn the different indicators and Technical Analysis
- Discover and Learn how to use different tools such as tradingview, www.coinfarm.online
- and then make your custom strategy

YouTube is where i learnt my trading from including Margin Trading

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December 16, 2019, 10:31:16 PM
 #4

My suggestion: I'm definitely not a pro trader per se(definitely nothing close), but I've did a bit research on the past. I suggest going to TradingView[1], click on Indicators, then do research on the list(yes, it's a lot) and look for strategies you can use using these said indicators.

Best of luck.


[1] https://www.tradingview.com/chart/

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December 16, 2019, 11:58:29 PM
 #5

http://investing.com/ is now the main place I go to instead of paying full attention to tradingview only for the charts. I can get almost all the basic things involved in the investing.com free tier package like 3 indicators on a chart at a time, can open multiple tabs simultaneously at a time and have Fibonacci setup on the chart which I look as a major supplement for traders like us who need support and resistance levels with us every time we trade.
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December 17, 2019, 01:06:06 AM
 #6

I can suggest this : https://www.babypips.com/
Lot of tutorials about different candlestick patterns.
Although it's main content are about forex but overall, you can still apply it with crypto, since you will use a chart and candlesticks for technical analysis.
Lastly, you can go to Trading Discussion on this forum, lot of trading strategies there and we can do trading discussions too.

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December 17, 2019, 02:22:47 AM
 #7

Don't forget One of the Best Weapons in Trading.
I will save you life in some terrible crashes of the market. I don't call crashes are doomsdays of the crypto market, but those weapons can reduce your temporary loses and at the same time give you greater opportunities to enrich your portfolios.

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pooya87
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December 17, 2019, 05:24:54 AM
 #8

when you are trying to use the suggestions try to learn "trading" not "cryptocurrency trading" because you will find a lot more resources and they are a lot better. for example the youtube videos that was suggested are good if you are looking to learn how to trade, how to read charts, what Technical Analysis is and how it works,... but if you look at cryptocurrency channels, 90% of them are newbies who have no understanding of the market and are mostly hyping up the shitcoins they are bag holding. so they  go as far as providing you with bad information.

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December 17, 2019, 05:30:17 AM
 #9

when you are trying to use the suggestions try to learn "trading" not "cryptocurrency trading" because you will find a lot more resources and they are a lot better.
Your reply reminds me to the fact that there are significant differences between traditional markets (stocks, forex, ie.) and cryptocurrency market. If ones learn about tradings on traditional markets then bringing all knowledge they learned and skills they practiced into the cryptocurrency market, I am sure that they will mostly end with failures and dramatical loses.

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December 17, 2019, 05:51:24 AM
 #10

when you are trying to use the suggestions try to learn "trading" not "cryptocurrency trading" because you will find a lot more resources and they are a lot better.
Your reply reminds me to the fact that there are significant differences between traditional markets (stocks, forex, ie.) and cryptocurrency market. If ones learn about tradings on traditional markets then bringing all knowledge they learned and skills they practiced into the cryptocurrency market, I am sure that they will mostly end with failures and dramatical loses.

there are many differences but the fundamentals of trading, technical analysis, risk management, profit management, and a lot of other things are the same and any kind of knowledge and experience could be brought into this market.
things that are different, are mainly how the market itself works. for example the dominating force in altcoin market is manipulation aka pump and dumps. so you only have to learn how to react to them and adjust your strategies.

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December 17, 2019, 06:59:03 AM
 #11

I would not recommend Youtube here. Because youtube is filled with shills promoting their altcoins and pumping their shitcoins so they can sell. If you want to use Youtube to learn trading you are taking the wrong approach specifically to crypto. There are some methods to workaround this:

1. Make yourself immune to shilling and brainwashing attempts. Listen to them with a grain of salt and be objective when learning.
2. You can also go for stock market tutorials for learning fundamentals and technical analysis. That way you wont get exposed to altcoin shilling.
3. There are books available too but the practical approach of dummy trading is often helpful.

 
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December 17, 2019, 07:33:16 AM
 #12

There are several strategies to follow before trading If not you could lose the money you invested Before trading you can see the various side of the forum and there are many members who know about the trade. You can also get some advice from those who know the trade Also research and practice the various tutorials and the side to trade and if there is a new side trade there Do not look at the old and trustworthy trade there.

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SheriffEl (OP)
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December 17, 2019, 07:33:51 AM
 #13

when you are trying to use the suggestions try to learn "trading" not "cryptocurrency trading" because you will find a lot more resources and they are a lot better. for example the youtube videos that was suggested are good if you are looking to learn how to trade, how to read charts, what Technical Analysis is and how it works,... but if you look at cryptocurrency channels, 90% of them are newbies who have no understanding of the market and are mostly hyping up the shitcoins they are bag holding. so they  go as far as providing you with bad information.

I understand, thank you. Well, crypto is a decade old so i agree there are plenty of newbies as myself haha. Eager to learn.
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December 17, 2019, 07:36:07 AM
 #14

I would not recommend Youtube here. Because youtube is filled with shills promoting their altcoins and pumping their shitcoins so they can sell. If you want to use Youtube to learn trading you are taking the wrong approach specifically to crypto. There are some methods to workaround this:

1. Make yourself immune to shilling and brainwashing attempts. Listen to them with a grain of salt and be objective when learning.
2. You can also go for stock market tutorials for learning fundamentals and technical analysis. That way you wont get exposed to altcoin shilling.
3. There are books available too but the practical approach of dummy trading is often helpful.

Thanks for the advice. I have heard this so many times (about promoting altcoins), that I think I'm already immune to it haha. Still, in my opinion, it does not hurt to take 10 minutes of my time and check out the project.
SheriffEl (OP)
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December 17, 2019, 07:38:54 AM
 #15

when you are trying to use the suggestions try to learn "trading" not "cryptocurrency trading" because you will find a lot more resources and they are a lot better.
Your reply reminds me to the fact that there are significant differences between traditional markets (stocks, forex, ie.) and cryptocurrency market.

As a newbie I can't argue that much but I still think there are similarities in basics. I have read a book for fore beginners and i started to understand what is going on. Of course that doesnt mean i know how to trade at all, but I think it gave me knowledge, to begin with.
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December 17, 2019, 11:56:23 AM
 #16

As a newbie I can't argue that much but I still think there are similarities in basics. I have read a book for fore beginners and i started to understand what is going on. Of course that doesnt mean i know how to trade at all, but I think it gave me knowledge, to begin with.
In practice, they are difference but you started well as you said. Technically, in cryptocurrency tradings, technical analyses do not help much, in particular for altcoins. Instead of technical analyses, you should stick with fundamental analyses.

Another reminder is that you should start to trade with very minor part of your capital. Why? I am sure that most of starters will lose most or all of their capital in their very first months, first one or two years so beginning with very minor part of your capital will give you second, third, fourth chances to trade & learn & grow up. If you start to trade will all capital, you will lose all with your 'first' trading mistake.

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December 17, 2019, 08:15:59 PM
 #17

I do not advise you to use such platforms. Because your training will be much slower if you rely on someone else's analitika without having your own as a basis. I advise you to start with basic books on trading using a demo account. So you make more mistakes, which will give you more experience. And given the fact that everything will happen on a demo account, you will not lose money gaining invaluable experience.

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December 17, 2019, 09:02:19 PM
 #18

It all about your point of interest there are too many Strategies that can help you.
Some offers you a starter investment with demo account some just teaches pure strategies you can browse it on the internet
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December 18, 2019, 06:00:17 AM
 #19

If you want to be a trader, avoid to used any platform. But, start learn to trade by your self with your own research and create your own strategi. if you are newbie, you can start to learn about trading phsycology, learn to make a profit from bear market. Following strategy from other it can be a big mistake, because no strategy on internet 100% true.

HOLD...
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December 18, 2019, 07:35:39 AM
 #20

Hello

which websites/platform would you recommend beginner to learn trading strategies. Any educational programs or articles?
I recommend not to depend on a single platform but rather explore it on the internet. You can learn in the internet via youtube tutorials, online books, forums, articles and etc. You should pick it by yourself because there are a lot of them that are waiting for you to discover. Don't ever try to enroll on paid online course because whatever you can get from them can be also be acquired on the internet for free.
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