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Author Topic: Trading guides,books,articles whatever  (Read 808 times)
Savemore
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July 24, 2020, 03:53:40 AM
 #41

The book that I recommend is basically those of Richard Wyckoff and Jesse Livermore, the reason is simple, they do not focus on technical analysis, but rather on how they saw the market, much of their analysis teaches a lot, you can find and download their books by doing a simple google search.
I guess many people had experimented about approaching trading without the help of technical analysis. In recent times, one of my friend recommended a book of Jose Mosca which was Trading without Indicators: How to Trade any Market without using Indicators. Basically I am not interested in that kind of strategy for my trading because I do strongly believe that without technical analysis part in trading, I guess I could not have achieved what I have done so far in crypto trading.

For those, who want to experience something different but regardless of they are able to make profits or not, then they can go for this book to find out some basic skills on reading markets to predict market movements. It may be an interesting approach which requires some time to get practiced but my hectic schedule is not allowing me to try that.
Cant imagine on doing trading without any indicators that would be used.How the hell you would make up on a position if you dont know on where you should start? neither on when you should sell and when you should buy?

Its just a dumb book because you cant trade of with just relying on your guts or intuition because theres no other way around excluding using fundamentals and price actions but we know that this doesnt work most of the time. How much more in crypto market?

There are lots of guides and tutorials for someone who do like to learn up trading.
It is possible after all, there are different trading systems after all so it is expected that not all of trading systems are appliable and suitable in certain, it is up to us on what we will pick. Trading without indicator are possible after especially if we have foundation in technical analysis. Swing traders can trader without indicators, they are just identifying the support and resistance and they will entry near at support and they will exit in near resistance but I do not say that it is good to not use any indicators. I only saying that trading without indicator is possible but it doesn't mean I'm a part of those traders who do that.
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July 24, 2020, 09:12:10 AM
 #42

Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you
In the hype of late 2017/early 2018 I followed @philakonecrypto intensively. He offers regular TA analysis on Twitter as well as courses around TA, partly paid courses, partly for free.

I like his style how he imparts knowledge, you can follow him very easily and his analyses are consistently good. Might be worth a look. Here is his Youtube profile where you can already find many videos:

https://www.youtube.com/user/philakone1/videos


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July 24, 2020, 10:33:49 AM
 #43

You can find thousands of trading books,blogs,guides even video tutorials on the internet and especially like Youtube platforms but what we can get from learning from there is just an idea but you need to implement them on real life to get experience for yourself which will make you better person in trading once you got more and more trades.
Completely agree on this because no matter how good the books and articles are they will always tell you how to trade and win but there are hardly any articles that teach you how to avoid panic selling, how to avoid trading and what to trade when the market is going down. These things you learn from trading yourself and it comes from experiences.

It's similar to how we grow in life and learn from experience while no matter how much you try and teach a kid who is 15 years you cannot give him the experience which someone would have at 30 years in life, no matter how good you teach him.
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July 25, 2020, 03:55:10 PM
 #44

There are various sources which can help you to increase your trading career. Youtube is one of the best out there. But, you need to be careful on this video sharing platform because not all the content is quality. Many of them are totally trash and do not give you any information. Some even guide you a wrong way, make you become lost, and misunderstand the true concept of trading.
Actually most of the good channels out there are trying to promote a particular platform with each video they make and hence they shift their focus from trying to give tips about trading and rather promote the features offered by the exchange or platform they are promoting. They are not wrong though because how would they earn if they only give quality content without any sponsors?

So, they are right in their decision but the trader needs to understand if someone is actually trying to give tips on trading or just promoting an exchange.

I haven't read much books, guides, articles or videos but whenever I need help like how to use stop loss then I just google it and the top results on google search are usually good and enough to guide me how to use it.
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July 25, 2020, 05:07:22 PM
 #45

I am typical looks serious with practice without care with how many book have I read, I don't like must reading and watching with Youtube how to be success with trading or investing, I think is waste your time and most effective practice and try to analyze how and when have to buy or sell, not take care with how many tie you read book and article to analyze with coin price before trading.

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July 25, 2020, 09:58:20 PM
 #46

Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you
In the hype of late 2017/early 2018 I followed @philakonecrypto intensively. He offers regular TA analysis on Twitter as well as courses around TA, partly paid courses, partly for free.

I like his style how he imparts knowledge, you can follow him very easily and his analyses are consistently good. Might be worth a look. Here is his Youtube profile where you can already find many videos:

https://www.youtube.com/user/philakone1/videos

Thanks for the share up and i might check out this channel later on and see if those signals and analysis would really be worth on someones time not like just any other trader or bloggers out there
which do just set video and showing up basic or generic analysis that anyone can easily pull it off.

Its not bad to have these kind of references which you can really use it up for your own improvement.This market is unpredictable and getting some help with
other co-traders isnt a bad idea at all.

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July 26, 2020, 07:38:13 AM
 #47

I learned a lot about trading from several ebooks and videos on the YouTube platform. And sometimes i discuss in the Bitcointalk forum
related to some knowledge that I get, just doing that alone my trading skills continue to increase. So to become a successful trader is
not necessary spend money to buy expensive and good books. Most importantly there is a strong will and desire to continue to learn trading,
it will open the way to be able to get knowledge from anywhere.

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July 28, 2020, 02:58:24 PM
 #48

Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you
To learn trading from beginning and to understand all the concepts, I would recommend you “Cryptocurrency Trading and Investing: Beginners Guide to Trading and Investing in Bitcoin, Altcoins, and ICOs” written by Aimee Vo who was an ex investment advisor".

After you become familiar with all the basics and stuff, you can focus on stepping up by learning technical analysis for which you can refer to “The Art and Science of Technical Analysis” by Adam Grimes.

You can learn the rest by observing daily trades, getting familiar with the exchange platforms and other YouTube videos. In my personal experience, these days YouTube videos are very good resource for anyone to getting knowledge about crypto trading and for those who want to be expertise themselves in all trading strategies. But, you must make use of demo accounts alongside because just watching videos will not help anyone to groom over the time.
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July 28, 2020, 04:45:22 PM
 #49

IS great that you're interested in trading and want to learn more about it but just a word of warning, try not to believe everything there's said on here so think that some people might have some ulterior motives for saying what they're saying.

The things to learn would be analysis, charts, predictions, exchanges etc. Investopedia seems like a good start, here's a link that will give you an idea of what to expect https://www.investopedia.com/articles/trading/06/daytradingretail.asp
I also recommend investopedia it is a great resource when it comes to find out accurate information about an indicator or even the history behind many of the terms we use to trade, it is not going to precisely give you a strategy to trade but that is fine because at the end of the day the person that should do that is yourself and not anyone else as it is not the smartest thing to follow the strategy of someone else blindly when you do not even know why he trades the way he does.
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July 29, 2020, 05:45:53 AM
 #50

Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you
I didn’t read a particular book to understand what trading is all about. I do see some people that recommends books, but they are usually books that you will have to purchase and the last time I purchased a book, it was things that I could find online through Google search that I ended up paying for.

Some of them just grab things from online and join them together and pretend it’s something you have never heard of before, and the annoying part would be when the things you have on the book is something you know already lol. I learnt from my friends and by doing research on YouTube and Google, and reading articles.
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August 06, 2020, 03:33:59 PM
 #51

Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you

You should find a lot of free resources about trading on the internet. I recommend starting with babypips website. As far as I know that walks a beginner all the way to knowing quite a bit about trading and markets (especially forex). Now.. trading is not about theory and even if you read all the books and articles on the internet you might still lose money. It is more about practicing and learning from your mistakes. Ultimately your goal is to get "in sync" with the market. Some traders can literally feel the pulse. Wink
I agree with your point. Every field in the world requires practical knowledge much more than the theory knowledge of books, papers etc. Reading books can make you familiar with all the terms, definition and other knowledge but it doesn’t improve your skills, instinct and other practical skills. For that you need to observe the market, try new things yourself and get disappointed or face some losses before you can learn a couple of things. Everything has a rhythm and you need to get familiar to that rhythm of trading and investing by dancing along with it.
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August 06, 2020, 03:47:32 PM
 #52

Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you

You should find a lot of free resources about trading on the internet. I recommend starting with babypips website. As far as I know that walks a beginner all the way to knowing quite a bit about trading and markets (especially forex). Now.. trading is not about theory and even if you read all the books and articles on the internet you might still lose money. It is more about practicing and learning from your mistakes. Ultimately your goal is to get "in sync" with the market. Some traders can literally feel the pulse. Wink
I agree with your point. Every field in the world requires practical knowledge much more than the theory knowledge of books, papers etc. Reading books can make you familiar with all the terms, definition and other knowledge but it doesn’t improve your skills, instinct and other practical skills. For that you need to observe the market, try new things yourself and get disappointed or face some losses before you can learn a couple of things. Everything has a rhythm and you need to get familiar to that rhythm of trading and investing by dancing along with it.

Focusing with your understanding in every books or videos that you read and watch, then apply it when you are already inside the platform, in your first attempt expect that things won't be that easy for you, chances that you'll lose is very high though with the help of those handouts that you read you'll be able to minimize your loses and continue to proceed facing the next chapter of your trade.
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