What should I study to learn how to trade?

[Renampun]

If you want to learn something, then one should try to reach deeply to know better. There are many ways of learning on the internet. Through using the internet, you will able to know whatever you want. In this time people can gather everything by browsing the internet. So people can learn about trading by air and particle.

studying theory alone will not be enough to make you proficient, you have to practice it too...
The mistake of newbies is that they are never ready to trade 'real/practice' because they are too busy studying theory and gathering guts. *let's do real trading then the theory you learn will work.

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[adzino]

There is no minimum amount of money to start trading.
You need to understand how the market works. Maybe look at some videos on how to trade. The basics I mean. Then choose a platform and get used to it by learning what features they have. Then start trading with small amount. You probably won't be making any profit at all, but don't get upset. All those mistakes that you will make will be a valuable lesson for you. Just studying won't make you a good trader. Experience is what that will eventually determine how good of a trader you are.

[Rodeo02]

studying theory alone will not be enough to make you proficient, you have to practice it too...
The mistake of newbies is that they are never ready to trade 'real/practice' because they are too busy studying theory and gathering guts. *let's do real trading then the theory you learn will work.

There is also exchange that you can try first using demo if you are afraid of loosing real money. You can watch different tutorial in youtube and read different article that teach about trading strategy that you can use. But for me the best teacher is your experience, if you are fully aware about the risk of trading and want it to try , try it first with small amount of money if you are familiar already in trading then you can add more funds.

[ardentvolcanoes]

studying theory alone will not be enough to make you proficient, you have to practice it too...
The mistake of newbies is that they are never ready to trade 'real/practice' because they are too busy studying theory and gathering guts. *let's do real trading then the theory you learn will work.

There is also exchange that you can try first using demo if you are afraid of loosing real money. You can watch different tutorial in youtube and read different article that teach about trading strategy that you can use. But for me the best teacher is your experience, if you are fully aware about the risk of trading and want it to try , try it first with small amount of money if you are familiar already in trading then you can add more funds.

No question to that, as even you have all those paper works and you already understand the flow without personal experienced it turns to nothing.

Your experienced will enhance your judgment, it will help you a lot in deciding what particular position that you'll going to take and it will justify

the needs of hold or letting go of your assets. Practice using demo account and spare some money to use amount that you can afford to let go.

[proTECH77]

All you need to study for you to learn how to trade, is platform information which will really help you to get the right information from the market, for you to know when and where to supply your coins in the market to make a good income. Learn how to buy low in the market which will help you to make a good profit when you release them to market when the price increase in the market. Bitcoin is still rising which is still good to sell, to make a reliable profit.
Many people are still holding their coins thinking bitcoin will reach $20 before they can sell their coins which will cause some of them to lose their profit because bitcoin is unpredictable.

[Sled]

OP, if you are really serious to learn about trading, you better have not quit and focused your mind on trading. It can't be just a day of learning but a continuous process. And one thing you should do first is to assess yourself if you are capable of doing this not because your friend doing this. But of course, it can't be just of talks, we need not say I'll just try but rather to say I have to do this because of a reason.

[Cryptpogz1]

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

When you say study are you referring to higher education aka "UNI", or just paid courses online ?

Regarding the 2nd question, well if you're a complete beginner (you probably are if you're asking this) i advise you to open a demo account and kinda mess around with it for a month or so just to get a feel of what trading is only then you can start experimenting with real money i would say 100 to 500$ is a good starting point.
and always remember "Always invest what you can afford to lose".

[konflikkastil]

Same reason why you have to study any courses in any higher institution of learning to become a professional in it. That's same way you have to learn how to go about trading, or else you will have yourself to blame at the end of the day. Firstly, you might want to ask if you are someone like me that do ask questions alot. What is trading? And someone might say it an exchange of goods and services. But let's bring it into cryptocurrencies. What's trading, exchange of one coin to another. Or you can also say buying low and selliy high. The question is that, how do you know when to buy, and when it's the right time to sell or buy more. There are some factors that affect the rise and down of each coin. And if you don't know all these. You might as well be playing gamble with you money. I'm sure you wouldn't want to do that.

[Janation]

if you want to learn about how to trade, you can watch it on youtube,
many youtube channels provide education about it, or maybe you can see some price predictions in trading view.
please do any way that suits for you.

I think you should also try other sources.

Youtube might be one of the most popular sources of tutorials and tips about trading but you should also find other sources where you could compare strategies and analysis. Here in the forum, there are a lot of knowledge and skills you could pick up, a lot of nice trader and investor here that share their experience that could help us.

[Rasel5209]

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

First you need small amount like 100 $. Small amount you need for learning about trading Strategy. Then you chooses coin that price up down regularly. You can follow some youtube video and telegram group also blog article. When you have enough knowledge about alt coin then you can invest that you want.

[A891756]

The simple meaning of trade is:- Buy at Low Price & Sell at High Price

(1) You can google or youtube it for some example.
(2) You can check the chart of some trade for analysis.
(3) In Udemy you can also find so many tutorials.

[RealMalatesta]

I would say study the greats, people like warren buffet and peter lynch, their idea of making a profit is a lot different than all the other small time day traders and it is long term which would be beneficial for bitcoin both for your profits and for long term benefit for bitcoin community. if everyone approached bitcoin the way they did to stocks, you and I would both make a lot of money, it is something that is very important and very profitable.

They are from the school of thought where if you find something fundamentally strong and profitable, just buy it and hold it for decades without selling. That would yield you a lot of profit, think about buying bitcoin now and selling it 20 years later, do you doubt that it wouldn't be profitable? Obviously it would be.

[LUCKMCFLY]

Same reason why you have to study any courses in any higher institution of learning to become a professional in it. That's same way you have to learn how to go about trading, or else you will have yourself to blame at the end of the day. Firstly, you might want to ask if you are someone like me that do ask questions alot. What is trading? And someone might say it an exchange of goods and services. But let's bring it into cryptocurrencies. What's trading, exchange of one coin to another. Or you can also say buying low and selliy high. The question is that, how do you know when to buy, and when it's the right time to sell or buy more. There are some factors that affect the rise and down of each coin. And if you don't know all these. You might as well be playing gamble with you money. I'm sure you wouldn't want to do that.

Due to the Covid-19 problem and all those restrictions, the best thing to do is grab a book from market speculators, there are many, Richard Wyckoff, Jesse Livermore, some investors like Warren Buffet, these texts teach you to think how to understand the market.

[Issa56]

Before you can start trading there are lots of things you have to know to avoid lost of fund!!! You have to learn how to buy a coin and how to sell you have to learn how to study the market, you have to know about the coin you are buying, you have to know when to buy a coin and when to sell it!!! U can learn all this on YouTube

[Mrengage]

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

If possible to have a trading class I will advise you to do so and possibly a class that will help you guys do practicalsnot just watching them show you. And also minimum of $100 is ok for a start but the honest truth is the higher the capital the higher the income.

[BALIK]

In my opinion the most important thing to study in order to learn how to trade are the markets. For instance, are these in a down/up trend and which way based on your outside knowledge do you predict it might go, what are other people doing?


And finally, you'll actually want to get your hands on it yourself. So setup an account on an exchange you feel comfortable with and start with a little amount, apply what you learnt and keep on learning.

Good luck (you'll need it)

[militiariko]

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

Well, to learn how to start trading, you need to understand how it works, understand key terminals about trading and also how to buy and sell. Then you understand fundamentals and technical analysis.

Always do your own research yoo

[hahay]

In my opinion the most important thing to study in order to learn how to trade are the markets. For instance, are these in a down/up trend and which way based on your outside knowledge do you predict it might go, what are other people doing?


And finally, you'll actually want to get your hands on it yourself. So setup an account on an exchange you feel comfortable with and start with a little amount, apply what you learnt and keep on learning.

Good luck (you'll need it)

It is more about awareness because to know the market is in an up or down trend it does not require good knowledge, at least by being aware of the chart then I think it is enough for you to start trading. Indeed, knowledge is the main thing but when someone comes without knowledge, then one of the best ways is to continue to pay attention to price movements because so slowly you will be able to learn it to finally be applied maybe with low capital first. One thing you should be aware of may not be too chasing profits at the beginning, as it can be frustrating if you can't hit the target and therefore trading early with money that is ready to lose is an option.

[tbterryboy]

there are online courses and there could be trading courses in the real world but you dont really need to learn or attend them because theres many crypto traders that only learn the basics on this forum or by watching trading vids on youtube and voila they already trade on thier own but if you really wanted to be pro and to good at it you can continue learning more in advance and that is by taking courses .
minimum amount of money will depend on your budget and also to the knowledge you have accquire

Watching videos is a good but not a great way to learn about bitcoins trading because most of the channels focus more on the long term investment opportunity instead of teaching how to read the market and which way the market is going to slide. The truth is actually hardly 1% of the content is on topic and actually worth watching.

They might pump you up about the future but that is not what a trader needs, you need positive energy but trading is about knowing how market is going to move and what is the best time to buy and sell. As an investor there are some good videos on youtube which can help you understand some projects and might be worth investing but for trading there are hardly any out there.

[South Park]

I have a different understanding from others, if you have a large amount of capital for trading, you should choose at least 5 or 6 coins to trade.
Otherwise you are the first time in trading become good way how to manage with profit and risk when trading begin, maybe you should choose more than three coin for trading and not put all your money in one coin only, when your prediction is wrong you still have other chance with other coin and get back recovery for your profit, maybe this look simple how to practice trading with bitcoin or altcoin and you can manage how less risk with trading.

I disagree with that in several points, when a person is just learning how to trade that person should concentrate on one single market, this may seem to be too restrictive but we are talking about a newbie here, we do not want to overload them with too much information to the point that they do not know what to do anymore, I also disagree with this idea because this market is heavily correlated, I can guarantee you that if tomorrow bitcoin crashes 99% of the coins in the market are going to be crashing as well so there is no point in diversifying if your goal is to reduce your risk.