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Author Topic: What should I study to learn how to trade?  (Read 1564 times)
rat03gopoh
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November 26, 2020, 02:42:53 AM
 #101

The best learning is from your own trading experience. Perhaps some courses offer premium lessons on trading but it would be better to learn from the experience of trading on your own. or you can see tradingview how those who are experts in predicting.

Basic technical learning must be known before starting to enter trades, especially crypto that fluctuates highly. There are many traders who until now didn't use the technique at all because they didn't learn it since they started trading.

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November 26, 2020, 05:21:27 AM
 #102

Here are somethings you need to learn in trading:
1• platform: Bitcoin platform will really make you to understand how to trade in the right place to make a good profit from your trade in the market.
2• Buy low and sell high: As a trader who want to make a reasonable profit from the market must buy coins when the price is low in the market, and wait till the price increase in the market to enable he or she to make a good income from the trade.
3• Observation :As a trader who want to go far in profit making in the market, must know how to observe the market to know the season to hold for the market to change before supply to market.

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November 26, 2020, 06:57:29 AM
 #103

The best learning is from your own trading experience. Perhaps some courses offer premium lessons on trading but it would be better to learn from the experience of trading on your own. or you can see tradingview how those who are experts in predicting.

Basic technical learning must be known before starting to enter trades, especially crypto that fluctuates highly. There are many traders who until now didn't use the technique at all because they didn't learn it since they started trading.
Maybe they are profiting even without technique?because if not for sure they had already quit trading and just holding now.

Actually i believe that the BASIC technical Learning can be acquired along the way,specially if you are active in this forum that offers too many knowledge in all terms of profit options.

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November 27, 2020, 04:52:25 PM
 #104

The best learning is from your own trading experience. Perhaps some courses offer premium lessons on trading but it would be better to learn from the experience of trading on your own. or you can see tradingview how those who are experts in predicting.

Basic technical learning must be known before starting to enter trades, especially crypto that fluctuates highly. There are many traders who until now didn't use the technique at all because they didn't learn it since they started trading.
Maybe they are profiting even without technique?because if not for sure they had already quit trading and just holding now.

Actually i believe that the BASIC technical Learning can be acquired along the way,specially if you are active in this forum that offers too many knowledge in all terms of profit options.
It's true tho that you can acquire basic technical learning along the way however, it is better to learn it before even starting so you can minimize your chance of losing. And so, he would not be like those who quit trading immediately because they lose huge money at the beginning of their trading journey.

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November 27, 2020, 05:57:26 PM
 #105

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
According to my 3 year trading experience, the first thing you need to memorize is Dow Theory. It is the most important foundation of traders professional because thought will greatly affect the vision and trading strategy of a trader.
The Dow Theory is primarily about crowd psychology and how a real financial market works. After reading, we will have a better understanding of how the crowd works and will also feel very calm when the price of coins is sold off. In general, we will be calmer when the market is hit with waves.
The minimum amount should be 100 $ initially to trade. That number is not too big or too small, it will make you more focused and responsible with your trading strategy.

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November 27, 2020, 06:54:46 PM
 #106

I'm not at expert at trading but I have doing it low key like a hobby last 2-3 years. What helped me the most at beginning is DataDash on youtube. Some of his old videos are good foundation for begining.
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November 28, 2020, 01:33:55 PM
 #107

Basic technical learning must be known before starting to enter trades, especially crypto that fluctuates highly. There are many traders who until now didn't use the technique at all because they didn't learn it since they started trading.
They might be in profit still while people who analyze market and use the best charts and tools might still be in loss and that is because of the nature of Bitcoins and price that follows. I have seen guys who along with whole market say the price is going to go down but it rises so honestly speaking I often think when trading in the crypto market you are more gambling than actually trading. It might sound harsh but that's the truth.

I would rather suggest to have immaculate patience when price goes under the rock if you are trying to trade or if you are looking to invest then just do not get afraid of the daily price changes.

These market strategies, guides and everything might look good from outside but as someone who has tried everything, I can really tell you that none of these help much, market movement is really random and unexpected.

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November 28, 2020, 03:20:48 PM
 #108

I'm not at expert at trading but I have doing it low key like a hobby last 2-3 years. What helped me the most at beginning is DataDash on youtube. Some of his old videos are good foundation for begining.

The first thing that you need to learn while starting trading is not to follow anyone's tactics.
It's good as long as you are making Profit from his calls, but the moment you start lossing, you gonna curse the person.
So it's better to look out yourself.
The basic thing a trader needs to understand before starting trading is to be patience and never invest big amount at first.
Never choose volatile coins also.
And if you don't learn these things, then no one can stop you from getting into losses.

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November 30, 2020, 07:22:57 PM
 #109

I'm not at expert at trading but I have doing it low key like a hobby last 2-3 years. What helped me the most at beginning is DataDash on youtube. Some of his old videos are good foundation for begining.

The first thing that you need to learn while starting trading is not to follow anyone's tactics.
It's good as long as you are making Profit from his calls, but the moment you start lossing, you gonna curse the person.
So it's better to look out yourself.
The basic thing a trader needs to understand before starting trading is to be patience and never invest big amount at first.
Never choose volatile coins also.
And if you don't learn these things, then no one can stop you from getting into losses.
Not only that supposing that you make profits out of those predictions what are you going to do the moment that person decides to stop giving his predictions for free, that is the moment you will be left with no way to trade the markets anymore, as such it is important to learn how to trade by ourselves as soon as possible, obviously this is hard but once you learn how to do it then you will know how to do it for the rest of your life and that will give you confidence to remain in this market especially during the bear markets.

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...Next Generation Crypto Casino...
imstillthebest
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November 30, 2020, 07:37:49 PM
 #110

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
JooBra
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November 30, 2020, 08:01:55 PM
 #111

I'm not at expert at trading but I have doing it low key like a hobby last 2-3 years. What helped me the most at beginning is DataDash on youtube. Some of his old videos are good foundation for begining.

The first thing that you need to learn while starting trading is not to follow anyone's tactics.
It's good as long as you are making Profit from his calls, but the moment you start lossing, you gonna curse the person.
So it's better to look out yourself.
The basic thing a trader needs to understand before starting trading is to be patience and never invest big amount at first.
Never choose volatile coins also.
And if you don't learn these things, then no one can stop you from getting into losses.

I agree 100% with you. At the it needs to be your decision. At start you need to follow someone to get some experience.
angrynerd88
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December 01, 2020, 11:53:27 PM
 #112

First of all learn and practice more then put money on any platform and you ought to know that this crypto market is hard to learn and it isn’t just like the other markets. Another thing is that there are a part of sources or websites and social media will help where a parcel of individuals might grant you tips and data around it. Bitcointalk can moreover deliver you a few data but it is superior to have a part of sources so you've got a parcel of data to compare it.

Xxmodded
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December 02, 2020, 05:14:43 AM
 #113

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.

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bandungan
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December 02, 2020, 06:00:47 AM
 #114

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
You can start with a good type of coin like bitcoin. for the problem of how much money is the capital, I suggest using a small amount of money, maybe you can run this $ 50 as learning. do not immediately use big money because the risk of loss will be very large
pankowri
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December 02, 2020, 09:16:40 AM
 #115

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
Firstly, you need to know what is trading. Trading is all about buy and sell. Its obviously a risky thing for all. So without knowing proper knowledge about it, don't go for now.

Secondly, you must have to know about the calculation of percentage and how to calculate quickly, market analysis, trading resistance and support etc.

Thirdly, though it is a risky thing because there has a chance of losing your money from trading. So you need to afford as much as you can. That's why, invest that amount which you can afford.

Saniati
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December 02, 2020, 11:49:46 AM
 #116

You must have to learn if you want to a successful trader 
Learn about trading style and strategy. Set your take profit.
You have to keep an eye on the market. You can start from 100$. go ahead. 
Ahasitha
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December 02, 2020, 12:33:51 PM
 #117

This is a good post for those like me to start trading. Because I had an idea to trade. But how to do it, What should we look for, were entangled in such issues. This gave me a good idea about this. Thank you.  Roll Eyes
Inkdatar
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December 02, 2020, 01:52:44 PM
 #118

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
There are a lot of trading lessons for a newbies, it will teach you the basics about trading. As what others have been recommended watching videos may help. Take it slowly, gather the information on how you will start your journey in trading. Learning knowledge is very important to avoid big loss of money and also do not invest without knowing anything. And start any amount that you can afford to lose since the market is volatile.
KnightElite
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December 02, 2020, 02:37:10 PM
 #119

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.
It is called diversification and it is important because you cannot put all of your trading capital in just one coin. For me the ideal diversification is upto 4-5 tokens per portfolio and you should buy coins that are part of those potential ones because not all of coins can give you huge return there are some that may cause you to lose money. If you are beginner, focus on understanding the chart because in that way you can know if a certain crypto is worth it or not. There are some shitcoins out there and it should be avoided if you want to lessen the risks. Focusing on your own education can give you high guarantee of making profit in trading.
lunnatic
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December 02, 2020, 05:15:10 PM
 #120

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.



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