Is this a good plan for learning tradning ?

[LUCKMCFLY]

Before buying any course I recommend that you search the web and read all the books you find by Jesse Livermore and Richard Wyckoff, after you read at least two books of each of them if you want then pay for any course, the idea is that You learn to understand the market, after that you can apply the best Technical Analysis, it is always necessary to learn how the market moves, in the books although it is all focused on the stock market, it is fully applicable to the crypto market. I think that if you read all the books you can about them, they will not make you want to spend money on courses.

And after that, trade but with play money, and once your plans work, you can take a chance with real money, of course, is my advice.

man, I'm not buying any courses , or even books I'll download them from torrent, all I want to know is those books good for trading or some theories  or I can get better another thing, I CAN NOT HAVE AN EXPERIENCE IN TRADING WITHOUT having THE KNOWLEDGE OF HOW IT REALLY WORKS, all the comment here saying go trade, WITH WHAT?, by WHAT?  i don't really understand you guys, I'm saying I want to learn before having a good trading time so I can  have an experience based on my knowledge of trading, not by to videos on youtube  I feel like learning here is underrated



Richard Wyckoff books are already on my list, thank you

If you look at these books, they only teach Technical Analysis, if they work, they obviously work, but my recommendation is that you learn how the market moves, that is, if the price of BTC rose it is because X reason, something very foreign to what they say. In the news, if you have Wyckoff on your list, start there, Elliot waves are highly recommended, and what I recommend is that you trade with Play Money, in some exchanges they have that option, why do I recommend it? so that you learn to use each Exchange tool, so that you know how to put a Take Profit, Stop Loss, Limit orders, learn leverage, these tools are necessary and I recommended the book or books by Jesse Livermore because he captured his trading experiences there.

[goldade]

i watched a couple of courses and read a couple of books, and I liked trading as a career  and I want to solid my information and skills
I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

The major reason for trading or learning how to trade is to become successful at trading such that you have a track record of making successful trades. Having learnt what you've learnt already, I think you should try to see how much you really know by placing trades. You have the knowledge already, but that's not enough to be a successful trader, you need the experience also, in this case, by placing trades.
Most times, I advise you trade with a real account and not a demo account so that you know that your money is actually in the line. It is, however, advisable that the money should be one you can afford to lose.

[Ziskinberg]

I don't read books in regards to trading because it only takes me too long to understand compared to when I was watching tutorials online. But I understand also that not all have that way of learning, you're are fine with the books then that was good. What we wanted to happen is just common and that to learn to trade and we find a way to make it easy for us to understand.

Just a piece of advice, give some time also to watching YT as it was more on the action and close to reality.

[adzino]

I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

Yes, it is always a good "thing" to learn about trading. By learning about trading I meant to learn how the market, the platform where you will trade, the charts and so on works. Without learning those basics, you won't be able to go far. But don't just learn and think you are ready. You need to experience the market too. You can do that by starting small. Don't expect to be making profit from the very beginning. You will make mistakes. Learn from those mistakes! Once you keep on trading, you will get used to everything and be ready to start trading seriously.

[ReiMomo]

i believe that TA works in any market even the crypto market, idk what else I need in crypto trading? fundamental analysis? don't really like it

Both fundamental and technical analysis in trading is very important, these are very useful strategies upon forecasting the market price that possible with have an accurate result while you are guessing at the market price.

But I don't think what kind of trading OP wanted to learn in trading because it has a different style or technique if you are in crypto trading or in forex trading. Master all I have mentioned above and that will lead you to a better trader soon.

[santiPOGI]

i watched a couple of courses and read a couple of books, and I liked trading as a career  and I want to solid my information and skills
I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

You didn't specify in what category you like to learn in trading. Because there is Forex or Stock, and Crypto trading in which of these
category you'd like to learn? But anyway, let me share a little bit of my experienced in my case I never come to the point that I choose
any course just for the sake to learn trading course.

[AmoreJaz]

Yeah, that's a good start. Learning and acquiring some knowledge about trading is the first step in doing trade and because you already did it, you shoud move into a second step which is acquiring some experience as a beginner. Through experience you will learn more as a trader because reading books is not enough. Just start in a small amount and learn the actual trading.

reading is good but yes, actual trading is different. especially in crypto, those TAs that you learned sometimes are not applicable to most crypto markets. so if the OP wanted to explore his trading in crypto, he needs to start small first. as he is just starting to grasp what is going in crypto market, more then likely he will lose. also, each coin that he will venture with is different from each other. thru time, he will gain those tips and tricks when it comes to alts.
also, reading in this section of the forum, he will already gain a lot of pointers as a crypto trader. most of them are not written in books.

[Shasha80]

In my opinion, what makes a person successful in trading is actually how strong the intention is to be successful. It is not a problem to learn from
anywhere about trading, as long as we have a strong intention to learn trading. Then success will follow us, so if you are more interested in reading
books and articles, please do so. But in my opinion, with technological advances it is more effective to learn trading from platforms that provide
trading video tutorials. So we can see in real terms how to make correct trades. Or I suggest taking an online trading course on a trusted website
that can be used as an alternative choice for learning to trade, so that your trading career goes according to plan.

[michellee]

Before you used trading as a career, you need to learn more about trading and if you feel that you understand how to trade, you can try to trade in the recommended exchange but do not use too big money as a start because that will be too risky for you. You need to familiarize yourself with the exchange while you need to learn more about trading to get an experience to trade better. While your trading, you also need to control yourself because you will face an experience to see the price will jump fast or down fast, making you panic.

got it , are the books in the link good as a study plan for trading?

Although I do not read that book, I think it can be your reference to learn about trading. But maybe I can remind you that book is about stock trading and not crypto trading, so you need to find a book that teaches about crypto trading. You can follow the channel from Youtube or the other media to learn more and knows how to trade better. Do not forget to practice the lesson that you already learn so you can get the experience.

[Renampun]

i watched a couple of courses and read a couple of books, and I liked trading as a career  and I want to solid my information and skills
I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

no need to master a lot of theory, trading is a matter of practice...
the more you find out about the theory of trading, the more reluctant you are to start it. do not let your time run out for looking for information that you cannot do. learn as needed, such as basic analysis, how to read charts and technical techniques, then trade in real-time by analyzing the latest news too. good luck.

[Kittygalore]

Well yeah it is a good plan that you are making yourself knowledgeable about trading, it is a good stepping stone if you don't want to be stuck in a 9-5 job which slowly kills you. Be careful about making trading as your career as you have to be really good at it to make some money so you can sustain your daily needs, try to get some experience at the same time that you are learning about the theoretical parts of trading, you can get the feel little by little with that.

[Yatsan]

Learning the basic informations and obtaining right knowledge about trading is really very essential for a trader for it will serve as a strong foundation upon conducting trading practices in the near future. It will be good to start from reading books, articles as well as knowing how to analyze the market and get to know the existing cryptocurrencies to better familiarize yourself about those. It will be good that upon learning new things, you are somehow trying out to put it into action by trying those into trading proper to test if that will work as your trading strategy. But if you wanted to learn everything first before doing trading, it will just be fine as long as you carry out learning first before doing engagement.

[bitzizzix]

Learning the basic informations and obtaining right knowledge about trading is really very essential for a trader for it will serve as a strong foundation upon conducting trading practices in the near future. It will be good to start from reading books, articles as well as knowing how to analyze the market and get to know the existing cryptocurrencies to better familiarize yourself about those. It will be good that upon learning new things, you are somehow trying out to put it into action by trying those into trading proper to test if that will work as your trading strategy. But if you wanted to learn everything first before doing trading, it will just be fine as long as you carry out learning first before doing engagement.

Yes, knowledge is the foundation before you do and find the accurate knowledge you need and what you plan to do.
At least you know the basic ways and understand how trading works and that really helps you before starting, and if you feel you already understand and master it there is nothing wrong with practicing it, and besides that you also have to learn to analyze.
and you can also do everything related to real trading and practice so that you know your skills and knowledge in trading and you will know your strengths and weaknesses to keep trying.

[Swopon]

Before you used trading as a career, you need to learn more about trading and if you feel that you understand how to trade, you can try to trade in the recommended exchange but do not use too big money as a start because that will be too risky for you. You need to familiarize yourself with the exchange while you need to learn more about trading to get an experience to trade better. While your trading, you also need to control yourself because you will face an experience to see the price will jump fast or down fast, making you panic.

I agree with you. There is no such thing as learning. You have to know and understand the matter by learning. Maybe in real life, the book doesn't work at all, but there will be a lot of ideas. And if you are new to trading, I think you should never go down with too much investment first. Knowledge and experience should be increased little. In the end you have to be very patient.

[Hamphser]

i watched a couple of courses and read a couple of books, and I liked trading as a career  and I want to solid my information and skills
I saw this article about which books you need for your CMT test, which I'm thinking of taking them as a study plan for my trading career
here are the books and the article
https://www.tradingsetupsreview.com/book-list-chartered-market-technicians-cmt/
, is it a good plan?

Everything that you do learn no matter what sources you do able to get it from would always be a good plan or good step for you to sustain this trading career of yours.

Read and Try to those things that you had able to learned up because nothing really beats out the learnings that you would able to get when you do personally test out the market
for yourself because other learnings would definitely be coming into  that.

Do all sorts of things that you do seem to be worth.

[DarkDays]

To be good at trading, you have to go with it in a two-pronged approached and those prongs include acquiring knowledge and acquiring experience, in your case, you already have the first prong which you can still improve because learning never stops and knowledge is power as for the second prong which is acquiring experience, you have to get in the field and try to trade, go for smaller amounts of trade or practice in a simulation which is risk free.

I agree. You can't advance in a field only theoretically. You need to get your hands into the game and get a feel of the markets. ATM you an consult the range of books, seminars, blogs etc but you will not be able to fully solidify them without proper experience.

The fact that you already did some research is great and puts you in a great place to just roll with it. Good luck!

[Innerpumper]

learning to trade is the best way in any way we like, if with a book or ebook to learn and it is highly recommended by experts we can give it a try. I myself learned from telegram channels, they made me learn a lot of technical, predictions, indicators, also made me have trading experience.

[Wisbrown]

There is no business you do without acquired knowledge, by researching about it. Second take your mentor that can coach you about the business, you start going field with your mentor, you can easily succeed when you have the mind of serving your mentor. Thirdly practice what you learnt from your mentor in small scale business.

[Sled]

There is no business you do without acquired knowledge, by researching about it. Second take your mentor that can coach you about the business, you start going field with your mentor, you can easily succeed when you have the mind of serving your mentor. Thirdly practice what you learnt from your mentor in small scale business.

More executions and experience must be done in order to gain more knowledge in trading. Actual trading could be more challenging than what we see on youtube, from what we read in books and everything we got from searching.
What OP did is a very good way to start learning, it gonna be improved once he applies everything in live trading but just to say, it usually comes to trial and error just to find which one is effective or not.

[sheenshane]

To be good at trading, you have to go with it in a two-pronged approached and those prongs include acquiring knowledge and acquiring experience, in your case, you already have the first prong which you can still improve because learning never stops and knowledge is power as for the second prong which is acquiring experience, you have to get in the field and try to trade, go for smaller amounts of trade or practice in a simulation which is risk free.

I agree. You can't advance in a field only theoretically. You need to get your hands into the game and get a feel of the markets. ATM you an consult the range of books, seminars, blogs etc but you will not be able to fully solidify them without proper experience.

The fact that you already did some research is great and puts you in a great place to just roll with it. Good luck!

I tend to agree with you both, searching and learning aren't enough in trading, you need to have experience in the field and learn more strategies.  As they say, the experience is the best teacher in trading, and the more experienced you had the high chances to avoid losses.

I saw the article that given by the OP, it's just a book that we could learn on trading technically matters.  It's Chartered Market Technician (CMT) which is presumably more about technical analysis.  Probably it takes months before you have successfully done reading all chapters that had on the book.  It might good to try for those who are willing to learn but for me, I'll rather go practice in copy trading on the Etoro platform while learning in trading, IMO.