Understand trading

[Hippocrypto]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

This is a very important aspects with respect to trading, we can't be experts if we don't risk ourselves into something no familiar with. You should experience all the circumstances and consequences in order to achieve all rewards in the end. Understanding trading also involves our emotions and ability to handle pressures by the time of crucial fluctuations in dealing with unpredictable market.

[1715596493]

1715596493

[sheenshane]

What are the most recommended methods that one could use to Understand trading?

There's a lot if you're willing to learn.

• Video Youtube Tutorial
• Here in the forum, Bitcointalk.org
• Books and ebook
• Copy trading or demo trading platform

These are the only example that how could you learn in trading.  Because trading isn't easy to make money,  it's very risky to jump up without even knowledge or lack of knowledge.  You must understand the market flow before you'll enter either it is forex or in the crypto market.

[sammark23]

The concepts and skills of trading can be achieved in a variety of ways. One can always learn trading online by reading blogs provided by a range of educational and trading platforms, or by searching the web for seminars and other videos. There are websites that offer courses that can be really beneficial, making them an excellent solution for newbies. Many platforms offer a demo or training account option that can be beneficial to both newbies and experienced traders, as it gives them a feel for dealing with real-life trading circumstances. People can now more easily get into trading than ever before, thanks to the widespread availability of the internet.

[checkmatesir]

A quite interesting topic is discussing people here, i would suggest every trader to know some of the basic strategies of trading and get the main aims on the coins like in trading which coins he want to buy and what are its favorite coins which he always want to trade on, for which he have his own trading strategies that he should follow.

[jaberwock]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

The good thing now is that there are demo accounts everywhere. So you are not just going to be reading about trading, you can also be practicing trading with demo accounts that you will find almost everywhere on every trading platforms.

So, I would say that you should give it a try before going into the real thing. Demo accounts are going to help you to understand what trading is all about. And when you start trading with real capital, nothing on these platforms is going to be strange to you, because you’ve already practiced them. Another good thing I think a new trader can do for his or herself, is to look for the guidance of people who have been there before them.

[Kanjeung]

Trading isn't like gambling where you take your games based on probability. For trading you need to gain mastery of how each Market behaves with a grounded knowledge about candle sticks and how the news affect this candle sticks.
For a start you need to

• Get the knowledge
• practice, practice, practice on a demo account
• fund a live account

Mind you to remain profitable in trading business you need to keep your knowledge updated from time to time. Traders are consistent readers

I personally have been practicing on a demo account for a long time such as forex, binomo, but the changes in my characteristics are still far away, because I use a demo account. looks a joke when we use a demo account, my mentality is not shaken. Unlike the case with us practicing using real money from our wallets, my mentality was immediately shaken and very careful, I think a demo account can't change my mentality and is not really recommended for practice, practice and practice.

[LimLims]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

If you mean understanding trading as learning trading then there is lot to learn before trading.
Trading can be considered as gambling as its not always assured that you will get profits.
So in order to understand or learn trading you need to understand the market.
Analyse the market for a couple of weeks and then use a demo account to trade.
Don’t invest a single penny unless you learn how to trade properly.
At last after gaining experience choose the best coin and invest on that.

[bamb]

Trading Cryptocurrency is an individual endavour, you will have to research and found what information is useful for you and develop your own unique way of trading Cryptocurrency which will lead to a strategy you can always use to maximize gains.  You could start your learning how to trade from Binance Academy and Wikipedia!

[ipanks]

A quite interesting topic is discussing people here, i would suggest every trader to know some of the basic strategies of trading and get the main aims on the coins like in trading which coins he want to buy and what are its favorite coins which he always want to trade on, for which he have his own trading strategies that he should follow.

As long as you can analyze the market moves, I think you will find the time to enter trading but as always, the more you can learn about trading, you will have a chance to get the right coin and make a profit. If he gets lost in trading, that is normal because every trader will have that experience and more opportunities to recover the losses. I am sure if he can learn more, he will improve his skills, which means he will have the chance to make more profit.

[martina14]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

Understanding in trading is very important to all traders here in cryptocurrency. Without this thing, it will be hard for sure to earn in the end.
So, I think being an empty cup is very important for the individual trader, so that every learning that you will get via experience in the actual trade in the exchange will lead us into knowledge about it, just simple as that.

[haidil]

Currently, there are many guides that you can find in various articles, journals, online class books that will teach you how to trade. Plus seminars that you can now find on every social media. You just need to choose one that you can reach and really learn and work on one by one. Then you will find what you are looking for. Everything just needs to start starting from self-motivation.

[adzino]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

The first thing a person should do is gain knowledge about the market and how it works. Gaining through reading articles, contents or just watching shouldn't be the only way. In fact, its better not to do that because you might end up being confused. Secondly, choose a platform and learn about the platform. See what features it has and try to feel comfortable using that platform. Finally, you should start trading. Start small. You will end up taking a lot of wrong moves. Learn from those. Eventually you will get better!

[chanler]

an understanding of trading itself is important, such as increasing knowledge about trading and also practicing and gaining experience. Trading is not something that can be done haphazardly, it requires analysis and also a good market understanding in order to decide the right time to sell or buy coins. if we can do that well I think it will be a good provision for trading too. it's just how we can face the crytpo market that sometimes goes up and down and learn to be calm in all situations.

[mksundip]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

The most suitable trading recommendation for beginners is classic trading.  where someone buys at a low price and sells at a high price.  it's simple, but requires analysis to keep trading running normally

[Oceat]

the main point is to increase knowledge about trading, as much as possible multiply and deepen knowledge about trading. if it has been done then we can try it with a little capital first. all of that requires a process and also needs to be trained so it does need more effort. Over time, of course, we can understand and analyze the market well so that we can determine the right time to sell or buy coins. it is necessary so that we can make a profit in trading.

If a newbie would follow your advice they might as well lose those funds first and it would be difficult for them to recover it. There are tons of useful information on the internet and especially the ones that these people posted here that has a link is very, very useful if someone is eager to understand how trading works.

Trading is different from gambling and what you are trying to teach to them is more like of a gamble. Which means they have to practice on the actual market where they don't have a proper knowledge and experience about trading. So I think you know what's the problem if someone actually dive in on a whale market.

[Fesatmas]

the main point is to increase knowledge about trading, as much as possible multiply and deepen knowledge about trading. if it has been done then we can try it with a little capital first. all of that requires a process and also needs to be trained so it does need more effort. Over time, of course, we can understand and analyze the market well so that we can determine the right time to sell or buy coins. it is necessary so that we can make a profit in trading.

If a newbie would follow your advice they might as well lose those funds first and it would be difficult for them to recover it. There are tons of useful information on the internet and especially the ones that these people posted here that has a link is very, very useful if someone is eager to understand how trading works.

Trading is different from gambling and what you are trying to teach to them is more like of a gamble. Which means they have to practice on the actual market where they don't have a proper knowledge and experience about trading. So I think you know what's the problem if someone actually dive in on a whale market.

I don't think there is anything wrong with what he proposes, even the concept is quite easy to understand, knowledge, learning process and output are profit? Where do I find the type of gambling here?
Do you understand gambling and the concept of betting on luck and also easy to lose? Your logic is actually reversed, so in the trading he mentioned and the point is that's what it is.

[Ryker1]

Well trading is always considered as a sort of gambling, --though it almost has the same concept, not like gambling that you cannot increase the chance of making a profit if you don't have knowledge about this. We know how risky trading and we should know the possible outcome in the future and learn to move on once we lose on it. Perhaps the best way of learning on trading is to keep a practice on a demo method and then after that, try to trade using copy trading on a trusted exchange platform and the last is do your own trading with your own analysis and skills. These will perhaps will help you to boost your skills in trading.

[CryptopreneurBrainboss]

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

While since this is a cryptocurency forum letd shift the focus to cryptocurency and not the forex market. The forex market is less volatile and more matured than the cryptocurency market although they aren't that different from each other as they all have to do with reading and understanding charts. Trading is just been over hyped as it doesn't do what its been spread about that it does and that which is making people rich.

Trading instead as regrads to popular opinions are actually making people broke instead of rich, it's no joke that majority of the traders end up losing and when you observe the market you'll realized that this is true. Greed don't allow interested users to learn and understand the skills required for trading, they just right into the market without preparation.

[martina14]

Most of the time the majority of the community who got entered here in the forum particularly newbies they mostly lack of knowledge in trading here in cryptocurrency, even they get a little bit idea this newbies felt they are experts. Therefore, in trading we should learn continuously here in crypto space never stop until we get what we are aiming in the cryptocurrency. 

[Sayeds56]

What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

In deed, Trading has become  very popular now, in particular after crypto emerged as fast growing industry. . People have been trading in stocks and forex since years but crypto created new opportunities in it and early birds in crypto made huge profits which attracted new investment as well as youngster are even greatly enthusiastic to adopt crypto trading as their profession. Like many other professions crypto trading  also requires knowledge of crypto, good understanding of technical indicators as well as skills of money/risk  management to be a successful trader.