What if I don't know how to trade

[Wakate]

Sometimes when I scroll through the forum threads, I'm always amazed to see questions like; Can someone teach me how to trade? Where can I learn how to trade? How can I use indicator to trade? You know what? These questions always get what they deserves. The right answers always pop-up on the table for everyone to learn from different perspectives. Bitcontalk.org is a great library of information from substantial sources, so don't mess with it!

How can I learn how to trade? This is a question every had been asked from one time to another, from one person to another without paying much attention to what it would take to be a trader or one losing trades. Trading is just like a game of thrones. The tough will end up getting the balls rolling when the weak might have left the track due to inconsistency, fear, ignorance, weak strategies, weak risk management and greed.
 
You can either get trading skills here on the forum by asking questions and getting answers or attaching your time with sites/platforms that give trading lecturers, be it online or physical classes.

Are you going into trading for the money or for the knowledge?
Don't be too faster than your shadow, trading is not meant for the lazy. Don't think immediately you get into trading, you'll making money, cos time is necessarily important to gain mastery. The great traders who are making great profits from trading had already sow the seed and now reaping their harvest so let's be patient. Don't rush cos slow and steady wins the race..."Power of consistency" with brain not just working blindly.

Get the skill before going for the money. More money is the goal but a sacrifice has to made. We need to learn thoroughly become dexterously brilliant to analyze the market. Do fool yourself with greed or over curiosity cos it might lead to confusion not necessarily becoming a short term deficiency but a continuous defect that can relinquish our faculty of the market.

[1715405325]

1715405325

[NeuroticFish]

Get the skill before going for the money.

Wait a second... you've missed something.
How about another start: trading is not for everybody. Trading is risky, trading needs learning, trading needs a certain mental discipline (i.e. balls).
If one thinks he has all this, then he can start learning and playing with tiny amounts (and clearly no leverage).

And then the other advises of yours start to make sense.

[pawanjain]

Sometimes when I scroll through the forum threads, I'm always amazed to see questions like; Can someone teach me how to trade? Where can I learn how to trade? How can I use indicator to trade? You know what? These questions always get what they deserves. The right answers always pop-up on the table for everyone to learn from different perspectives. Bitcontalk.org is a great library of information from substantial sources, so don't mess with it!

How can I learn how to trade? This is a question every had been asked from one time to another, from one person to another without paying much attention to what it would take to be a trader or one losing trades. Trading is just like a game of thrones. The tough will end up getting the balls rolling when the weak might have left the track due to inconsistency, fear, ignorance, weak strategies, weak risk management and greed.
 
You can either get trading skills here on the forum by asking questions and getting answers or attaching your time with sites/platforms that give trading lecturers, be it online or physical classes.

Are you going into trading for the money or for the knowledge?
Don't be too faster than your shadow, trading is not meant for the lazy. Don't think immediately you get into trading, you'll making money, cos time is necessarily important to gain mastery. The great traders who are making great profits from trading had already sow the seed and now reaping their harvest so let's be patient. Don't rush cos slow and steady wins the race..."Power of consistency" with brain not just working blindly.

Get the skill before going for the money. More money is the goal but a sacrifice has to made. We need to learn thoroughly become dexterously brilliant to analyze the market. Do fool yourself with greed or over curiosity cos it might lead to confusion not necessarily becoming a short term deficiency but a continuous defect that can relinquish our faculty of the market.

Greed always comes in the way while making money and most of the times it takes away the profit we made.
Even I have seen many people asking how to trade and my first advice to them is always to learn and get the basics right.
Learning is the only way to progress and know how to trade and when to trade.
Also, the most important thing when trading is to learn from the mistakes and not to repeat the mistakes.

[bitmover]

Get the skill before going for the money.

Wait a second... you've missed something.
How about another start: trading is not for everybody. Trading is risky, trading needs learning, trading needs a certain mental discipline (i.e. balls).
If one thinks he has all this, then he can start learning and playing with tiny amounts (and clearly no leverage).

And then the other advises of yours start to make sense.

Trading is an strategy, and you may decide to follow that strategy or not.

Some people will fell better just holding assets they believe have stronger fundamentals, and do not care about short term volatility. Traders focus on short term volatility.

Personally, I know more people who were able to make money by holding assets in mid-long term than people who made money by trading or day-trading.

It depends on how much time you have available to focus in your investments, how much you like technical analysis and so on. Not everyone need to follow that path. I don't. I am a holder.

[mk4]

I'm sorry, but if I would get 1 BTC for every "trading advice" thread posted on Bitcointalk with almost the same exact "advice" that's just rehashed in dozens and dozens of ways, I'd probably already have the total supply by now.

[hugeblack]

I strongly believe that you will not benefit from asking general questions like this. Before you ask a question, do a search on Google and YouTube to learn some basic things and when you can't solve a problem you can ask your question here.

I am not telling you not to create new topics in the forum, but asking general questions without background often leads to spam and a lot of topics that you will not benefit from, as trading is a huge science and you will not get a lot of information without your experiences, not to mention small BITCOINTALK responses.


Learning is useful, but it requires desire and constant research.

[Theones]

Get the skill before going for the money.

Wait a second... you've missed something.
How about another start: trading is not for everybody. Trading is risky, trading needs learning, trading needs a certain mental discipline (i.e. balls).
If one thinks he has all this, then he can start learning and playing with tiny amounts (and clearly no leverage).

And then the other advises of yours start to make sense.

I do agree with you 100%. Day trading or short term trading is not for everyone even experts are not good in handling it at times. IMHO, trading is more of luck then about how much knowledge and skills you have. I always go for Hodling, since I feel more comfortable with that strategy.

[Wakate]

I'm sorry, but if I would get 1 BTC for every "trading advice" thread posted on Bitcointalk with almost the same exact "advice" that's just rehashed in dozens and dozens of ways, I'd probably already have the total supply by now.

Wow...that would have been amazing and everybody will be okay by now without bothers.

I'm sorry, but if I would get 1 BTC for every "trading advice"

Don't you think 1 BTC could be that much looking at the current price. What of if you are offered 1 btc minus 0.99999 btc

[sujonali1819]

I strongly believe that you will not benefit from asking general questions like this.

You are not totally right sir. There is a benefit here. And that is these post help to qualify to get the payment for the signature  campaign . kidding....

Btw op if anybody don't know how to trade just don't go to do trade without knowledge and Learn before doing trade.

If you do trade despite do not knowing how it works you may lose in that trade even you can lose  your all capital.

[Wakate]

I strongly believe that you will not benefit from asking general questions like this. Before you ask a question, do a search on Google and YouTube to learn some basic things and when you can't solve a problem you can ask your question here.

Learning is constant and I wouldn't mind to get it all from.

I am not telling you not to create new topics in the forum, but asking general questions without background often leads to spam and a lot of topics that you will not benefit from,

Maybe you can help on how to search for past topics on bitcontalk so this could help me in making references. I really appreciate your input but I still need to hold my chest cos you really hit the hammer on my bald head

as trading is a huge science and you will not get a lot of information without your experiences, not to mention small BITCOINTALK responses.
Learning is useful, but it requires desire and constant research.

Knowledge is power! My kindergarten days was all about acquiring knowledge.

[The Cryptovator]

Questions always will raise where people live. But sometimes users of this forum make few stupid questions. Where they could learn from previous discussions, instead of that just simply raising questions like how to trade, when BTC will go $100K, and so on. In the beginning, people think trading is the way of becoming quickly rich which isn't true at all. There are many platforms from where we can learn how to trade like YouTube. But for gaining experience we should trade ourselves with a small fund. On the forum teaching you how to trade is quite impossible. But we may share our experience how to gain or share a few technical discussions which would help to improve our trading skills. That's what we can get from the forum.

[nakamura12]

Knowledge is power! My kindergarten days was all about acquiring knowledge.

After doing that and yet still having some trouble with trading then you shouldn't trade yet. Another one is, are you willing to take the risk for the sake if earning profit by trading?. You can try searching in google about trading and you have to include bitcointalk i.e "How to trade bitcoin bitcointalk" then check if there is a thread or a site that make you interested in learning.

[Rruchi man]

Are you going into trading for the money or for the knowledge?
...
Get the skill before going for the money.

Is there really anyone who just wanted to learn to trade for just knowledge sake alone?
The thought that a skill has the capacity to give you money should be motivation enough to drive you the interested person to want to learn well and more about it. For trading, the more substantial knowledge you can gather, the better your chances of making good profit from it.

[CryptopreneurBrainboss]

If you don't know how to trade then don't try it in the first place because you'll probably not succeed, remember 90% of the traders aren't profitable. Why go into such professional when you can basically hold unto your coins and be more profitable than a trader would ever be?.

I guess you can say the timeframe is too far with investing, well if that's the mindset then you're lost as those quick profit mentality will cloud your judgement of the market and make you make unnecessary mistakes.

Ps: OP seems like you just found out that you can add colour to your text, slow down buddy as when you overdo it, it makes your thread annoying which might get the thread ignored and probably end you on users this style of posting irritates, ignore list. Don't over use this feature.

[Smartvirus]

Not knowing how to trade is not a very big issue. The issue is, how do you learn!

Practice trading has been made a lot more easier and lose free but most persons always turn the blind eye to that innovation. Everyone wants to jump to the real deal and start earning coins from trades. They tend to forget that, trading is a highly professional thing and a lot of persons has spent time to perfect there strategy about the market.

Demo trade is free and can be used to trade that same market. You lose virtually nothing should you loose but, your trades face the same market environment as the actual trading on real accounts do. Try using demo trades sometimes and tactics trading until you've been able to perfect a strategy, then you'll be sure your ready to try out with actual money.

[Wakate]

Is there really anyone who just wanted to learn to trade for just knowledge sake alone?

This is why getting the skill should be a Paramount rather than putting your mind on how much you can make rather than focusing on learning first. Trading is not that easy which is the reason why someone longing to be a trader should focus.

Ps: OP seems like you just found out that you can add colour to your text, slow down buddy as when you overdo it, it makes your thread annoying which might get the thread ignored and probably end you on users this style of posting irritates, ignore list. Don't over use this feature.

You just hit another hammar on my bald head and now I can feel the smoke coming out of my score. Next time maybe I would try using face cap...

[Alisha-k]

If one must earn from trading constant learning is involved. The money shouldn't be the ultimate reason to learn how to trade if one gets and masters the skill certainly the pay automatically gets along. I suggest any one with the interest to trade should get the passion first, secondly develop enough time to its learning process then sit back and watch the pips pay the bill

[boyptc]

Get the skill before going for the money.

Holding and being patient is a skill.

You don't have to be a full time trader just to make money buying and holding bitcoin. You still have to trade it but at the best price that you can see.

Just don't be a trader if you don't see yourself being one, we're better as a holder.

[sheenshane]

Are you going into trading for the money or for the knowledge?

First thing first, knowledge is very important in trading and if you didn't have this I suggest to don't push yourself in trading because it hurts to see that you've lost your money in trading.  Learn first very diving into the trading and that is a very important aspect, if you're not yet ready don't be in hurry because learning is the most important than making a profit.

If you don't know how to trade and if you're willing to make money in trading, I suggest to invest and spend your precious time studying and searching for any related to trading stuff either it is technical or fundamental skills.  As long as you gain knowledge and you're ready for it, you're good to go in trading.

[GeorgeJohn]

Sometimes when I scroll through the forum threads, I'm always amazed to see questions like; Can someone teach me how to trade?

Check very well most of the people that asked such kind of questions is basically newbies and they are asking to know, because the knowledge of trading is absent to them, so it's good to ask a question because question brings solution to a problem, so basically whoever that asked such maybe wants to engage into trading.

How can I learn how to trade?

To learn trading is basically base on determination, a Trading can be achieved primarily through online tutorial via YouTube, and also you can learn the concept of trading through the forum, but it's advisable and encourageable to learn perfectly through manual after you have been grab the elementary aspect of it from another source so that you won't be discouraged.

Are you going into trading for the money or for the knowledge?
Don't be too faster than your shadow, trading is not meant for the lazy. Don't think immediately you get into trading, you'll making money, cos time is necessarily important to gain mastery. The great traders who are making great profits from trading had already sow the seed and now reaping their harvest so let's be patient. Don't rush cos slow and steady wins the race..."Power of consistency" with brain not just working blindly.

The reason while people trade is not because of knowledge, most they trade because they want to make a profit, but really it's adequate or frequent trading that will expand the knowledge of a trader in order to realize its previous mistakes, considering the area of laziness points of view, no trader is lazy or not conscious of time factor, any who is not smart will definitely endup with lost of capital.

Get the skill before going for the money. More money is the goal but a sacrifice has to made.

Actually you are right in one perception, Because a skill is the elementary section that can render help for elevation if hope is lost, so at this point relating this kind of skill to cryptocurrency that means you are trying to put it to us that trading can be as a  result of skill?