Understand trading

[mksundip]

Even if you get a hold with the right information losses will be there. The volatility will rekt you if you are greedy with taking high profits.
It's not like in just a blink of an eye claims will always be there. Traders should be emotionless to make the right choices and some added good luck that it won't go the other way from their prediction.
Volatility is such a mess but if done right it could be really profitable. Safe mode had always been my position with just little profits of income. It's not my daily job so I don't need to hustle.

losses will still be there for anyone. but the most priority is how to minimize losses. maybe the best trading technique method can minimize the risk of loss, so in my opinion the most important thing is to find good analytical methods and techniques in the world of trading.

[lienfaye]

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

Everything that we need to learn is already available online, you just need to exert an effort to educate yourself.

There are youtube tutorial videos, ebooks and articles that can be a big help to better understand how trading works. You can also try a demo account to practice trading without using real money to become familiar on it. Nevertheless experience is the best teacher so dont be afraid to lose because thats the start of becoming a pro trader.

[Hobo66]

Number of individuals are increasing day by day in cryptocurrency world. To be successful in trading, understanding of trading is much more important. Awareness of trading is necessary for trading. Without awareness and knowledge, individuals cannot get money in trading. It will result in huge loss. So understanding trading is most important.

[Woodie]

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

If it's all about making sense of charts and strategies I think the most practical way to learn how to trade is using YouTube resources, but it takes time for one to really apply and understand what these guys share on these platforms. If you love to read there are plenty of books accessible online which you could use free of charge or buy a book to expand one's knowledge on this matter.

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income.

I believe this is all because people are spending more time online and are trying to find means of making a living off something  and trading happens to be among their solutions.


 

[bitgov]

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

Everything that we need to learn is already available online, you just need to exert an effort to educate yourself.

There are youtube tutorial videos, ebooks and articles that can be a big help to better understand how trading works. You can also try a demo account to practice trading without using real money to become familiar on it. Nevertheless experience is the best teacher so dont be afraid to lose because thats the start of becoming a pro trader.

Trading is not for everyone rather its for experts only. Many newbies have tried crypto trading and ended up in loss. You cant just learn trading from YouTube videos and by reading articles. Its a long learning process, you learn from your mistakes.  
AFAIK, acompulsory tool learning for crypto trading is fundamental analysis and technical analysis.  

[sana54210]

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.

Are you talking about only forex market because crypto market also must be the same as both are having similar kind of risk levels compared to how they are looking for the beginners. If you're planning to get into crypto trading or any other trading then you must take time to learn all the basics of trading so that you could withstand against the risk levels of trading. People who are getting into trading all of sudden might be losing all their capital in no time.

you should also know how really risk it is, there are so many experiences I've heard about regrets of losing their money in trading, mostly beginners have experienced this thing.

Yeah, 99% of beginners are loser. Only those people who are not giving up might be getting experience and then start making money out of crypto trading. But, unfortunately most of the bigness are quitting after heavy losses.

[Desmong]

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. 

For the op or any other person to understand trading, there is need to learn the skill and after learning, try and get a mentor that will mentor you so when you make any mistake in trading, correction can be made and that will not happen again. Trading is just like a career so we don't have e to rush it but to do it steady and slow with forcing it on ourselves.

[MiF]

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.

Well I think everyone knows that before we do trading activities we need to know more first how trading works and how to make profit on it. We need to understand that trading is different from play to earn games or any kinds of crypto gambling that we can see in social media, trading is a kind of work that needs fucos and it needs time don't rush it, make a self study while doing trading for good.

[TheUltraElite]

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

Read? I mean there are so many places to read from and the internet is open to everyone and you still ask a question that is this naive?

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.

True, this can be difficult at times because freely accessible writing can involve a lot of manipulative topics and unverified information. But generally going with the consensus, you can learn a lot from just reading charts and trying to correlate with news.

This is why, before entering the forex market, one should get a thorough understanding of the subject.

Crypto is not equal to forex. Maybe crypto does involve exchanging one currency to another but these are also assets and they are not same. Someone who knows forex should stick to forex. Changing the game if often bad for the player.

[passwordnow]

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

The first method is to know your investing capacity and how much you're willing to invest. Because whether you have the best strategy in trading but if you don't know how much you can risk, that isn't just right.

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.

Part of the first method that I've said is also DYOR. The new comers that don't do research are investing blindly.

[zanezane]

Learn and experience if you want to get into trading, understanding is just one part of it, you need to be empathetic since you're going to think how others might do in the market. Emotions aren't an enemy, contrary to popular belief, you can use emotion to your advantage but don't use it too much though as that's when it becomes a problem or hindrance.

[Taskford]

Learn and experience if you want to get into trading, understanding is just one part of it, you need to be empathetic since you're going to think how others might do in the market. Emotions aren't an enemy, contrary to popular belief, you can use emotion to your advantage but don't use it too much though as that's when it becomes a problem or hindrance.

Emotion contribute on how you made your decision since once you feel fear from the market condition happened by the time your holding something provably you will end up dropping what you have and save yourself for huge lose that you think it may occur to you. This is the reason why before you go to trade you must be emotionally prepared on the consequences brought by the market and to be prepared we need to be more educated also be experience on some market scenario so that we can stand or able to hold or do smart move to cut loss then buy at the dip to convert those to possible profit in future.

[Phrahm]

You can always start with a demo account, especially if it is free and the manager is ready to help you, as with Amarkets, so you can buy it and then go to a real account.

[New.in.trading]

If I was to start all over new, I would start by learning what a trend is, and where to enter a Trend. Classical as: L/H/HL/HH and vice verca. Next would be defining Ranges and how to trade/avoid them. And then, if neccesary, add what ever you feel is missing, besides a solid money management. That goes for BTCUSD as well as everything all

[rahmathidayat93]

The method I often use in forex is the first to determine support and resistance. Next I use indicators that are easy for me to understand such as RSI and MACD. Although this does not determine a definite profit, but when I open buy and open sell it is easier for me. Often the methods I use provide an advantage.

[crzy]

You can always start with a demo account, especially if it is free and the manager is ready to help you, as with Amarkets, so you can buy it and then go to a real account.

Its a good start to use demo account but I don’t think any manager will help you because there’s no such thing in crypto exchange and you should not depend to anyone. Understanding trading takes time because you need to consider everything, you have to set up your capital, your goal and your strategy. In trading you should be more responsible, learn the process and don’t think for any easy money here because trading is too risky.

[jossiel]

You can always start with a demo account, especially if it is free and the manager is ready to help you, as with Amarkets, so you can buy it and then go to a real account.

Its a good start to use demo account but I don’t think any manager will help you because there’s no such thing in crypto exchange and you should not depend to anyone. Understanding trading takes time because you need to consider everything, you have to set up your capital, your goal and your strategy. In trading you should be more responsible, learn the process and don’t think for any easy money here because trading is too risky.

It's not actually about the demo account that he's saying or any manager. He just wants to give that much visibility to that product that he has said.

Mostly in that type of website, they're helping for support concerns not in actual trading.

[Nigrinn]

Apparently, they did not immediately understand what he meant, so this was the answer.

[Kanjeung]

if I personally always look for information about bitcoin, why? because what I know, when the price of bitcoin goes up, surely 85% of other coins must go up and I see from the good side of the coin / token itself. Fundamental analysis of crypto assets requires an in-depth understanding of the information circulating. For example, you might look at the usage model, the number of people using it (volume), or the team behind the project. I always buy top 10 tokens/coins and use top 5 market.

[proTECH77]

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

Try to be patient when ever you want to trade in the market. Those that exercise patient in the market, it hard for them to lose profits than to achieve massive profits from their trade. Anytime the price decrease show that there will be many buyers in the market waiting to buy and hold for future purpose. Try to sell when the price of that particular coin increase in the market, that show that there are many sellers in the market waiting to sell their coins to the buyer to earn well in that particular period.