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Author Topic: Is this a good plan for learning tradning ?  (Read 1823 times)
isaac_clarke22
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March 17, 2021, 06:14:35 AM
 #41

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.
I haven't read a book in relation of tradings just yet, but I believe that just reading it all alone wouldn't help that much. The application of theories learned in the mentioned in the book which is all about TAs as you mentioned is a must.
I had learned that attitude when I was learning programming back then.
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March 17, 2021, 07:14:45 PM
 #42

Every trader should learn for trading. If you don't know about crypto coin why coin price increase or decrease. You can not make profit. Everyday losses your money. So i think learning is good plan for trading.


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March 17, 2021, 07:59:13 PM
 #43

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?
Doesnt matter on where you do get your sources as long it would really be beneficial for your learning process then that what matter most it doesnt matter on where you did
get those information as long it would really be relevant into your trading career.
Resources can really be obtained neither on the internet directly or with some literature or what but the best thing to learn up is to experience yourself with the market.
You would learn something that you cant learn on just reading up.

Ridwan Fauzi
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March 17, 2021, 10:13:16 PM
 #44

Trading is a good as your income even you can make it as your source income. You have a chance to get money per days, per three days or per weeks depend on your capability and on your fashion to trade.

If you have have been interested to make trading as your career then you can start by now. There are so much place for you to learn about some strategy and the ins and out about trading.

But, I just suggesting you to learn first about trading with some books. Yeah, this is more effective than you read some article on the internet or some tutorials on youtube channel. With book, you will just focus to what you read and imagine to the market, even you can use your book when you make an entry.
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March 18, 2021, 04:26:23 AM
 #45

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?
Trading strategies can be learned but if you want to ake successful career out of it then you should implement it in the real life by doing trading with your real money.Concentrate more on the technical analysis then reading general about trading which is ore helpful with the trading of crypto assets.
fahmimajannat
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March 18, 2021, 04:05:06 PM
 #46

Yes it is.
You can earn more than any other type of investments. if you can be a top trader your income will ridiculously risen to upper level.
But it can make you asset less also. So first learn than hit.
Start with small trading then gradually increase your investing fund.
You will get more than 2x if you can invest wisely and take well calculated decisions.

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aysg76
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March 19, 2021, 01:56:35 PM
 #47

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?
Gaining knowledge related to any field of work in which you want to have a kickstart is highly appreciated move and one must do it but there is difference in having knowledge and applying it to the practical feild of work.The books, videos,and other resources can guide you about various ways of trading but it depends on you how you imply them In your own way and skills.Because everyone want to win the race and its only possible if you run fast and take big steps towards your set objectives to reach out first.Make trading your day job after some years when you have knowledge, skills,market judgement, experience and past profit history otherwise always have side jobs to cover your financial situation and your losses also.

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Kelvinid
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March 19, 2021, 02:11:01 PM
 #48

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?
As long as that you think it gives you learning as a return of spending time reading and watching videos, it was a good plan (just for me). I know that everyone undergoes such a way also. Learning in trading couldn't be just quick learning and all you read will be absurd instantly, it needs constant practice, reading more books, and last, we need to apply it to actual trading.

If we wanted to have shortcuts, you never surprise yourselves that you lose your money. And then we realize how important to knows such things before trading and those who have that sacrifice wins in the end.
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March 19, 2021, 02:32:07 PM
 #49

If you are aiming to success from this venue of investment, taking time to do your research is the very first thing that you
needed, solidifying  your deep understanding bring higher chance of success.

It's depend from how you are taking those  information that you have seen from that source, it's good to have the right  plans
base from the knowledge that you gain upon researching from all the topics about this business.

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March 19, 2021, 02:40:12 PM
 #50

Every trader should learn for trading. If you don't know about crypto coin why coin price increase or decrease. You can not make profit. Everyday losses your money. So i think learning is good plan for trading.
Learning to trade is the only way we must do it if we want to profit because the crypto market is always changing and fluctuating. Learning to analyze will help you better trade and find a good time to buy and sell the coin, although that does not always guarantee us to get the right time to trade. But we will have the experience to trade and that can improve our skills in analyzing the coin. By doing that, we can prevent the losses and change it to get the profit.

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March 30, 2021, 05:29:05 AM
 #51

To be good at trading, you have to go with it in a two-pronged approach 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 risk-free simulation.
Your thinking is very beautiful and tidy. And according to your description, it seems that if these two aspects are fixed, it will be a good plan. Both knowledge and experience are very useful for trading. The beginning will be through the acquisition of knowledge. Then the experience will come as soon as you do some trading. But in trading life, you will experience both good and bad. It would be wise to face and accept any situation.

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March 30, 2021, 08:09:21 AM
 #52

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?
I's already seen through the list and they are quite interested. Some of them I have read through, especially the Japanese Candlestick Charting Techniques. This book is the beginning trend of the candlestick chart we all see right now. In the past, people mostly used line charts which give us less information than the candlestick. So I can say this book is the masterpiece even though some information may be obsolete

You do not need to read all of them since you'd already read a couple of books and watched trading courses. Just choose a few of them. What you need to do next is to open your own trading account and start your career right now. Why? Because you will gain experience on the battlefield and you can shape your own mindset about the market with the knowledge you have. Everyone has their own trading techniques which is the combination of knowledge, experience and intuition. Actually, professional usually claim that techniques only allocates 25% success of a trader

Well, good luck to you mate
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March 31, 2021, 12:25:26 PM
 #53

In my own point of view,I think it is good to learn how to trade. In all we do apart from trading self we must learn for more knowledge and understanding.and as for trading, learning is required to make a massive profits because what you don't learn, you can't have an idea how it's running.
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March 31, 2021, 01:39:28 PM
 #54

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?
I'd say you have a good plan, reading books and watching a couple of courses was already a good start, if you continue doing it then you will definitely get this career. However, knowledge is not enough to be a complete trader, you need also to have experience. To try how this trading works you could look for trading platforms that have a demo account on them in order to be familiarized or you could use a small amount of money to experience the factors you must encounter such as the risk.



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March 31, 2021, 02:11:17 PM
 #55

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?
I'd say you have a good plan, reading books and watching a couple of courses was already a good start, if you continue doing it then you will definitely get this career. However, knowledge is not enough to be a complete trader, you need also to have experience. To try how this trading works you could look for trading platforms that have a demo account on them in order to be familiarized or you could use a small amount of money to experience the factors you must encounter such as the risk.
Step by step, I believe that OP will reach his goal in life and become a successful trader in the future. I only wanted to say for him is that he needs to be patient. All these learnings and sacrifices will surely have fruitful ends. What he should do is to be thankful for every mistake he encounters because that will be the reason we are encouraged to work hard and improve our trading skills thru reading and watching videos.

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gabbie2010
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April 01, 2021, 07:14:54 AM
 #56

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?
Trading strategies can be learned but if you want to ake successful career out of it then you should implement it in the real life by doing trading with your real money.Concentrate more on the technical analysis then reading general about trading which is ore helpful with the trading of crypto assets.
I believed the OP wanted to kickstart his trading journey with reading of the book which isn't a bad idea probably thereafter watch many trading video where he can choose one of the available strategies out of many possibly tweak it to suit his trading style and subject the strategy to testing either via stimulation or live trading hence the trading journey the OP  will start in earnest, although not an easy task however with practice perseverance sky is the limit.

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pankowri
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April 01, 2021, 04:19:45 PM
 #57

Learning to trade is the initial step of entry into the crypto market. You can trade without any specialization but it may create many unexpected problems. So study about this thing can smooth your path as a carrier. But only learning can't make you successful,  if you want to go far then no other option to avoid experience and practice.

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April 01, 2021, 05:32:49 PM
 #58

Well, this is a good try and start too. By reading books, watching courses to learn something. And the best thing is learning is the first priority what you are trying to do in your life and that thing give you the best result we hope that. And we welcome you to the world of trading. You know trading is platform where you have to learn everyday or your every step you have to face a new method, strategy or a new mistake. But from your every step you have to learn which will makes your trading journey very simple. I am really happy to see you that you spend your such time to learn fast. Which sould be. Because learning gives us success easily. So enjoy your trading journey with full of profit. All the best.
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April 01, 2021, 06:51:57 PM
 #59

In my personal opinion, you can start learning trading anytime and thus you will be able to face any situation. You should use demo for understanding the basics of demo and it helps people.
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April 01, 2021, 09:58:58 PM
 #60

Learning to trade is the initial step of entry into the crypto market. You can trade without any specialization but it may create many unexpected problems. So study about this thing can smooth your path as a carrier. But only learning can't make you successful,  if you want to go far then no other option to avoid experience and practice.
Indeed, and these people have a big advantage when compared to those who have nothing. Reading books and soliciting ideas from our friends are of big help to clearly understand what we are doing and we can expect positive results rather than seeing failure.
It is very important doing this and I could say it is a must. If we don't encourage ourselves to do such a thing, better make a decision to stop coz this will going nowhere.
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