Trading skills

[MrcMrc]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

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[Raflesia]

Of course a beginner in trading must experience the journey in trading and you will know how to combine analysis and also some charts in general also with existing indicators can make this skill better in trading, we will not easily get past this but as a In the course of time we will know how to trade with good skills so that it can be possible where you can master in all areas of trading.

And in fact there are many ways someone in his analysis, this can not determine the same as other traders but with a trending atmosphere can be an option.

[Tellek Garing]

Do not trade with high capital, be patient, study the market, use what you can lose and not affect you, only focus on spot trading for time being, $50 is good for starting, if you have high capital, do it use it, hold more and trade less with $50 or lower. You will understand the marker from your losses and win, but beginners lose more than win, only increase your capital if and only if you are profiting than losing.

[mk4]

The best skill you should have isn't necessarily concerning trading itself. Personally with mid-long term trades, it's simply looking at the correct data and metrics. I see this project and it's getting a bit of traction, and it's not reflecting on the token price? There's a chance that it's a good buy. It's not really even that hard at all, it's just a lot of people just buy in to what's hyped; without any other reason to back up their purchase.

[MrcMrc]

Do not trade with high capital, be patient, study the market, use what you can lose and not affect you, only focus on spot trading for time being, $50 is good for starting, if you have high capital, do it use it, hold more and trade less with $50 or lower. You will understand the marker from your losses and win, but beginners lose more than win, only increase your capital if and only if you are profiting than losing.

I think the way to learn is through one's own experience. Trading is full of lots of difficulties and as we trade along, we increase our knowledge.

Well, I may trade with an amount greater than $50, but the most important thing is to study the market along the way.

[Tellek Garing]

Well, I may trade with an amount greater than $50, but the most important thing is to study the market along the way.

There are traders that have thousand of dollars to trade but they are people that have been trading for long time, they know what to do and what not to do. But I assume your question is to help new traders, if new traders will have to trade, $50 is good for starting, they should make sure they earn profit than loss before they increase the trading capital, I have said it already that new traders are most likely to lose, they usually lose, that is why it is good for them to use low amount to trade.and also they should control their emotion.

[crwth]

I do suggest that newbies check out different trading tools like Gunbot because it might accelerate your learnings with trading and automatically apply those kinds of strategies that you are looking into. I think that's one of the best ways to make it faster.

But sure, there are many free resources about trading, and I think it's pretty easy to search for those things.

[Ararbermas]

For newbie probably i will suggest to learn first what are the most important things to note before learning the tools in trading.. Because it's like you just start from the top instead of starting at the introduction of trading, so for that reason for sure you will not become interested to know what are those basic information and importance of being traders especially if you already know how to use those indicators wherein what will came up to your mind is to trade immediately.. No that's a big mistake because even you  have the skills already but despite you don't have enough information it still useless. So for beginners must start from the basics, put some time to read then after that you can practice your skills and etc. Patience is the key and i know that's what a good trader is.

[Cherylstar86]

The best skill you should have isn't necessarily concerning trading itself. Personally with mid-long term trades, it's simply looking at the correct data and metrics. I see this project and it's getting a bit of traction, and it's not reflecting on the token price? There's a chance that it's a good buy. It's not really even that hard at all, it's just a lot of people just buy in to what's hyped; without any other reason to back up their purchase.

Indeed. Newbies surely need this strategies and need to know it. But first, they need to have knowledge of the market and know on how to manage their risk since they might be experiencing a lot of things in trading. Buy and hold is the strategy that usually every people did. Buy and hold since market prices is not stable and always changes its price. You also need to know the current market condition for you to know what strategy you need to do. Just be careful and always trust yourself, try to ask also an advice to an expert and learn to be patient.

[wxa7115]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

My best advice for newbies is very simple, you need to wait before you enter this market, it is very easy to think about all the profits that you are going to make once you begin your journey as a trader but believe me it is way harder than what you can ever imagine, it is better to give yourself a significant amount of time so you can learn the most about the markets before you put real money behind your decisions.

If you can do this you are going to be way ahead of the game and way ahead of most newbie traders that enter this market and do not really know what they are doing.

[Hamphser]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

No one starts on being a pro so its just normal that we would really be having a hard time when you are just starting up but as you do gain experience due to consistent engagement then you would really able
to take good grasp since you do fully aware on how to handle up situations basing on your technical analysis.

Just be consistent and dont easily give up when you do suffer losses but instead you should learn from it.You wont really be getting skills and you wont really getting more better
if you do really hesitate on.

[Jating]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

I guess the basic stop-loss, and trade without emotions. It's really hard to trade when you are newbie, specially if you think that you can simply earn passive income here. So you might start as day trader, which for me is not that good for beginners as you might loss money. So there's no perfect strategy, just work your way out and find a strategy that will fit your experience. Maybe buy and hold and then as you grow you might want to try to trade occasionally and see how it goes for you. And with enough data and hands-on, for sure you will developed your own strategy, regardless if you wanted to be a day or intra day trader with bots or just manually putting your orders and sell if you made profits already.

[passwordnow]

My advise is just be able to control yourself. Because even if there's a strategy that you have been following and you're too good at it but once you have lost your control to your emotion, everything can mess up with just one mistake of not able to control yourself.
And just as what we did before when we're newbie, keep on trading and to do good at it while you're starting out. There's so much to learn from every experience and trade that they do.

[Myleschetty]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

The first fundamental trading skill that will be equipped a newbie trader is to first understand the things that influence the price of the crypto market and the historical data of previous market trends because technical analysis methods fail at some point.
After taking a trading course. I once saw a thread created by Maus0728 that he found a good trading course and I think this could help.

[ccFOUND]

We have never seen anything except experience and patience to either beat or at least keep losses a bit away from a trader. There are no candle types which could indicate a breakout in crypto because it could also be a fakeout, no patterns could show similarity as even if there is, the pattern gets changed later.

[Oasisman]

Avoid too much diversifications.
Make use of trading tools such as stop losses and etc.
Get involved in crypto community to learn what alts has the potential, but also it will always be accompanied with your due diligence.
Check out historical data from a specific token before buying.
Nevertheless, trading is inevitably hard for the beginners, but everything could be learned with experience.

[Dread Pirate Roberts]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

Depending on what aspect a crypto trader can say he is a newbie "experience? technical skill? What I believe the most important before starting trading is the basic reading of possible charts. with experience someone will automatically find  their own trading style. through online courses or other people's experiences. such as through ebooks or online videos on youtube.

[Botnake]

Do not trade with high capital, be patient, study the market, use what you can lose and not affect you, only focus on spot trading for time being, $50 is good for starting, if you have high capital, do it use it, hold more and trade less with $50 or lower. You will understand the marker from your losses and win, but beginners lose more than win, only increase your capital if and only if you are profiting than losing.

I think the way to learn is through one's own experience. Trading is full of lots of difficulties and as we trade along, we increase our knowledge.

Well, I may trade with an amount greater than $50, but the most important thing is to study the market along the way.

Well, it is to know that having an experience is good learning but haven't to skip the thing that we need some help from others and even from online searches to gain additional idea. In fact, the reason why most newbies had to suffer losses and difficulties in trading is that because they pretend to have enough knowledge. Well, that gonna be their self-esteem but I think we don't need to do that as this trading is not really an easy job.

*know your capabilities
*know the basic trading
*never stop learning if we want to succeed

[nelson4lov]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

I'm not sure I have a best technique yet considering the fact that I'm still tryna master some trading concepts and techniques. Above all, one of my fav strategies is to use less indicators on a chat since this would help reduced over clustering the chart it then. Majority of the team I want to do some analysis, the classical support and resistances, chart patterns and others plays a role but these techniques have to be combined with other techniques like candlesticks pattern to get a more better result.

[Hippocrypto]

Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?

I can't really say my strategy will work for those newbies who wanted to start trading safely. However securing our funds will not be an easy task for us, so by doing technical analysis through basic ways would be better. Starting small amount is what I recommend and always have your buying power remain stable in order to buy when potential coins got a lower price. Sell while high and buy when its low, that's purely basic.