How did you learn to trade? Did you learn it in a hard way or?......

[Taskford]

Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.

Good decisions and bad decisions can give you good lesson.

Actual trading is needed because if you're just learning it theoretically then it's hard to look at the perspective of losing and winning if there's no actual money that you're losing.
That's why if you're learning and studying theoretically then you have to include and incur loss and gain with actual money so that you'll be serious with it.
Because there's the money that's being on the line, you'll be careful and take it as much as seriousness that you needed to convey for it.

Sometimes we can get a different result by using demo since actually we will not feel the real tension between dealing with our money upon trading since we are more careful and more attentive when our decision making on each trade we do compare doing trades on demo account where we are not careful and just doing a experimental trades. Although its quite helpful but the experience you can get is different.

[Wexnident]

Hardway ofc, I was under a huge amount of stress since it was real money that I was trading with, one that I earned, and well, it was basically my first time losing over $500 in one sitting at that time. Man the despair I felt back then was enough to make me quit, but I said heck why not try a bit more. I never really got ahead tbh, pretty sure when I quit I was actually at a loss but I managed to minimize it at the very least. I even tried some demo trading accounts back then AFTER I lost my first trade, well, It was useful but I guess nothing beats trading with real money.

[blockman]

Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.

Good decisions and bad decisions can give you good lesson.

Actual trading is needed because if you're just learning it theoretically then it's hard to look at the perspective of losing and winning if there's no actual money that you're losing.
That's why if you're learning and studying theoretically then you have to include and incur loss and gain with actual money so that you'll be serious with it.
Because there's the money that's being on the line, you'll be careful and take it as much as seriousness that you needed to convey for it.

Sometimes we can get a different result by using demo since actually we will not feel the real tension between dealing with our money upon trading since we are more careful and more attentive when our decision making on each trade we do compare doing trades on demo account where we are not careful and just doing a experimental trades. Although its quite helpful but the experience you can get is different.

That's right. No pressure, just pure trade without any risk because you're just with the demo. And that's the disadvantage of the theoretical type of trading and you have no risk to bear upon doing it. But it's not going to be in vain as you apply that with real trading, you'll get to learn and see how much you've learned and gained knowledge with demo accounts or simulations. It always end with the quote of "experience is the best teacher" and that's true.

[sujonali1819]

Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.

Good decisions and bad decisions can give you good lesson.

It's true that when we should learn trade with free account/demo account. But this is also true you can not feel the actual emotions/feelings by trading with demo money. Sooner or later when you try trade with real money you can feel it how much you are excited and how much you are sad. This lesion will help every second what you did not learn with demo money. First when I start trade/exchange I did not know that we can practice with demo money lol. So I had start with real money in cryptopia exchange.

[Questat]

It was really hard to start trading before due to a few sources of information that we get but for now,there are a lot of tutorials available online, and it's up to us if spend more time looking at them. That is why I could say that learning trading was not hard anymore but what makes it challenging for us is how to make a good TA and effective strategies. This comes to be the hardest thing to have a good and profitable trades, and even we say that it was too easy to know about trading but usually a lot of traders ended losing their money due to the lack of experience and trading strategies.

[geegaw]

Personally, I learned from my own mistakes, and there were a lot of them. I lost a significant amount of money until I started learning trading through videos and articles.
This helped me a lot in understanding how and when and most importantly where to open entry points and where to close them. Also study technical analysis, it is useful.

Well, I think until now, losing money is sometimes not such a bad thing for those who have learned to trade because from our wrong angles, it's a reflection of our behaviors and gestures, once we pay closer attention, this sharp example can actively point out the key points so that we can refine and get better with trading. An extremely good way of learning but also a difficult point of view, many people express their dissatisfaction with failure and realize that this is a scam and a mistake, they were locked up for a long time in the mirror they created

[ItsCrafty]

Trading requires more time and more consistency, and want a person to be available for it if he wants to get more profit in some time. But when I was learning trading I had lose more money at the first because I didn't knew about the trading at the first. That's why I had lose many money through it, but getting some experience after some time , I'm in profit today.

[wxa7115]

I've learned it the hard way, I've lost a lot in trading and that's why I've stopped and just choose to hold for a while and sell eventually if there's a profit.

That's way better than to keep up with the market and do daily trades. There's so much burn in my funds when I did day trading. While holding for a while and selling it when it's appropriate is still trading and that's more effective to me.

And this is the thing, no one can really afford to learn the hard way, the money we have in our accounts is limited so it is better to earn all what we can before we begin to trade and only learn on the fly what cannot be learned any other way.

By doing this we reduce our potential losses and we increase the chances we still have a good chunk of our capital when the bull market comes, learning the hard way as you state is simply too expensive for most people to afford, and not only that it can be incredibly demoralizing and it can be the reason behind subsequent mistakes.

[RealMalatesta]

Sometimes we can get a different result by using demo since actually we will not feel the real tension between dealing with our money upon trading since we are more careful and more attentive when our decision making on each trade we do compare doing trades on demo account where we are not careful and just doing a experimental trades. Although its quite helpful but the experience you can get is different.

I believe that demo and the real thing would be great if you could understand that demo is what you would do in real life if you take it seriously. However many people do demo like it is a game and they do not care about it and that is why they end up earning so much in the demo part but then end up losing money in the real trading.

I do demo so seriously, in fact I try to beat everyone in the leaderboard which I end up failing so far, I am in 113th place in 9k+ people which is fine for me but I need to be in the top 100 at least in my mind. I have been doing it for a while. Plus if you do demo first and do great then do not jump in with all your money, test the real thing with small amounts and you will be doing fine.

[carlfebz2]

Learn it through free tutorials and some topics online but of course it will not be completed without actual trading. I first tried a small amount of money, not much and there is a lot of mistakes that I have made, some experimentation and some exploration on the market but and get familiar with things and you know what is right thing to do and bad decisions you do.

Good decisions and bad decisions can give you good lesson.

Actual trading is needed because if you're just learning it theoretically then it's hard to look at the perspective of losing and winning if there's no actual money that you're losing.
That's why if you're learning and studying theoretically then you have to include and incur loss and gain with actual money so that you'll be serious with it.
Because there's the money that's being on the line, you'll be careful and take it as much as seriousness that you needed to convey for it.

Sometimes we can get a different result by using demo since actually we will not feel the real tension between dealing with our money upon trading since we are more careful and more attentive when our decision making on each trade we do compare doing trades on demo account where we are not careful and just doing a experimental trades. Although its quite helpful but the experience you can get is different.

That's right. No pressure, just pure trade without any risk because you're just with the demo. And that's the disadvantage of the theoretical type of trading and you have no risk to bear upon doing it. But it's not going to be in vain as you apply that with real trading, you'll get to learn and see how much you've learned and gained knowledge with demo accounts or simulations. It always end with the quote of "experience is the best teacher" and that's true.

Trading with demo is totally no thrill and also you wont able to set out risk management since you do know in your mind that there's nothing you could able to lose which means you wouldnt really be that serious

on making on your trading decisions and if you do lost then you wouldnt really be finding yourself to have some problems and on the time you had touched up the real or actual trading then this is where things

becomes different because it would really be putting you into the situation where you do need to be careful on every trade you do make because you know that money is on risk.

[LastKiss]

1) I Watch the daily half an hour and weekly changes, studying the growth of its value. watch it until you get it

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2) I was not once into crypto-related new don't know what to do. So, be updated on who will invest in the market those are the ones who will change the market to skyrocket so be ready. To get an app, scan daily articles or activate the news notification feature on you cellphone if you have it (it's annoying but useful).


3) I start small when it comes to the money I have spent. It was hard for me to trade a big amount of money. I earn small at first but when it come to my slight use of big money I earned well.

When you get the hang of it you will truly earn. I remember if you  (I have some losses])lose or did a mistake it's only a phase of learning. As there is an old saying you must learn from your mistakes.


4) Connected to number one must learn to watch the value when I used real money and not just my eyes and there I watched hourly or daily up to you there I made a move.

 
5) I did not have a goal when it comes to the amount to stop my losses. So have one likely if you invest 100$ and with 5 days you thought of earning 500$ and you did. I Beg you to stop.


Did you relate? add something that I or we might learn something new from you. Yes, I am a Sr. Member but I discontinued and started fresh like this past 2020and the same time I don't know everything. Plus sometimes Iam, not that updated at all.

Did I wrote or shared something wrong? Correct me nicely if I did.

Well if they just start to learn trading then using money that you can afford to lose is a wise option also I agree when you just start trading to start in small amount of money, it will be more easier to manage your funds or even using demo balance, I remember some of trading exchange gives a demo wallet for users to learn how to trading.

Mostly when it comes to trading I'm looking for a friend who can guide me for the first time, it's easier to hear my friend explanation rather than wathing some youtube videos.

[Rengga Jati]

1) I Watch the daily half an hour and weekly changes, studying the growth of its value. watch it until you get it

At the first learning, I didn't know about the time frame and other chart descriptions. I only knew about the graphic up and down, the percentage of up and down, the low and high of the price. And I only used that thing to trade when in the beginning. 

3) I start small when it comes to the money I have spent.

Exactly, thinking of using a big amount of money once we are still new to this world will have higher risks. It is wiser if we are using a small amount of money at first while learning.

5) I did not have a goal when it comes to the amount to stop my losses.

My goal was only to take profits in small amounts and get it several times daily. But in fact, the reality was not as fluent as the expectation. 

[Lordhermes]

When I first started trading,it was full of mistakes,loss of money,regrets about the money wasted and so on,I never stopped trading,persevered and continued untill I found a simple way of trading that will not consume me much,a and will not make you loose much.
I started learning from the mistakes I made,made more research and try every thing to make sure my tradings run successfull, without a loss.
It pays to learn trading through the hard way atimes because it makes you know the area that are good in trading,and the ones that aren't.

[blockman]

That's right. No pressure, just pure trade without any risk because you're just with the demo. And that's the disadvantage of the theoretical type of trading and you have no risk to bear upon doing it. But it's not going to be in vain as you apply that with real trading, you'll get to learn and see how much you've learned and gained knowledge with demo accounts or simulations. It always end with the quote of "experience is the best teacher" and that's true.

Trading with demo is totally no thrill and also you wont able to set out risk management since you do know in your mind that there's nothing you could able to lose which means you wouldnt really be that serious

on making on your trading decisions and if you do lost then you wouldnt really be finding yourself to have some problems and on the time you had touched up the real or actual trading then this is where things

becomes different because it would really be putting you into the situation where you do need to be careful on every trade you do make because you know that money is on risk.

No thrill and you can do whatever you want. You're not going to put extra care as you deal with demo accounts. In that demo, you're not going to feel that you have to improve or grow your money because it's just free money. Try to put some effort and use your own money and you'll feel more responsible and guilt when your money is the one being used. The hard part of experience in trading is about losing and if you cannot accept that most traders are going to lose then do not trade so you won't lose.

[Taskford]

That's right. No pressure, just pure trade without any risk because you're just with the demo. And that's the disadvantage of the theoretical type of trading and you have no risk to bear upon doing it. But it's not going to be in vain as you apply that with real trading, you'll get to learn and see how much you've learned and gained knowledge with demo accounts or simulations. It always end with the quote of "experience is the best teacher" and that's true.

Trading with demo is totally no thrill and also you wont able to set out risk management since you do know in your mind that there's nothing you could able to lose which means you wouldnt really be that serious

on making on your trading decisions and if you do lost then you wouldnt really be finding yourself to have some problems and on the time you had touched up the real or actual trading then this is where things

becomes different because it would really be putting you into the situation where you do need to be careful on every trade you do make because you know that money is on risk.

No thrill and you can do whatever you want. You're not going to put extra care as you deal with demo accounts. In that demo, you're not going to feel that you have to improve or grow your money because it's just free money. Try to put some effort and use your own money and you'll feel more responsible and guilt when your money is the one being used. The hard part of experience in trading is about losing and if you cannot accept that most traders are going to lose then do not trade so you won't lose.

Right and for sure when the time we go on real time trades we provably test again since those demo things will not totally help us and its good to use maybe small amount for starting up since we will surely be careful on our selections since for sure we don't want to lose our money and try to multiply it, also the losses we can experience by using a real money will provably a learning experience since for sure we will avoid the mistake we do to not encounter the same mistake again.

[michellee]

I started trading using a medium amount of money a few years ago. If I am not mistaken, the amount was about $75-$85. But from one-month trading, I lose almost $50

I was in a hurry trading a coin without learning some lessons and only followed the suggestion from a group chat. After having a hard way of trading, I realized that I must learn more about analysis because when I ask my friends in that group chat, they do not want to teach for details so I am still confused about what he explained. Besides that, we communicate through chat which makes me got more confuses.

After getting lost many times, I stopped trading for a while and only bought and held. I started trading again after I learned the trading lesson and I am trying to solve my problem and make a profit. That was not easy for me because I spent many hours to analysis.

[stomachgrowls]

That's right. No pressure, just pure trade without any risk because you're just with the demo. And that's the disadvantage of the theoretical type of trading and you have no risk to bear upon doing it. But it's not going to be in vain as you apply that with real trading, you'll get to learn and see how much you've learned and gained knowledge with demo accounts or simulations. It always end with the quote of "experience is the best teacher" and that's true.

Trading with demo is totally no thrill and also you wont able to set out risk management since you do know in your mind that there's nothing you could able to lose which means you wouldnt really be that serious

on making on your trading decisions and if you do lost then you wouldnt really be finding yourself to have some problems and on the time you had touched up the real or actual trading then this is where things

becomes different because it would really be putting you into the situation where you do need to be careful on every trade you do make because you know that money is on risk.

No thrill and you can do whatever you want. You're not going to put extra care as you deal with demo accounts. In that demo, you're not going to feel that you have to improve or grow your money because it's just free money. Try to put some effort and use your own money and you'll feel more responsible and guilt when your money is the one being used. The hard part of experience in trading is about losing and if you cannot accept that most traders are going to lose then do not trade so you won't lose.

Right and for sure when the time we go on real time trades we provably test again since those demo things will not totally help us and its good to use maybe small amount for starting up since we will surely be careful on our selections since for sure we don't want to lose our money and try to multiply it, also the losses we can experience by using a real money will provably a learning experience since for sure we will avoid the mistake we do to not encounter the same mistake again.

The fact that demo trading kind of mistakes is something totally different compared when you are doing on actual trades or using real money.Learning is something never been easy
no matter what you do make use neither on demo or live trading.

Resources needed can really be searched up online and just like what others been saying on which it do depends on you on how you would really make yourself learn.
Dont expect that you could learn trading in a matter of days or months.
Market is way too big and way too unpredictable and with real experience then this is on where you could make yourself way more better than in the past.

[tygeade]

It wasn’t easy and of course I did learn the hard way. Trading is not an easy job for anyone to start.
I had to work hard and also study very hard on things that had to do with trading; there were lots of interesting videos that I came across on YouTube that were really helpful for me and I was able to grab a lot from all these videos and was able to improve my skill to a higher  level which then boosted my trading career.

If you are one of those that didn’t learn it the hard way, then you’re very lucky about that, though you will still have to be working really hard to maintain that clean record. Luck in trading is something which may not in your side always hence being fully skilled is the way to remain consistently profitable in trading world.

[ven7net]

My first experience in trading cryptocurrency was immediately on a real account and I can say that I was lucky. In simple words, my first experience in cryptocurrency trading was successful, however, I believe that it was not an accident or luck, but this is due precisely to the fact that I took this matter seriously and spent a little time studying the market. I can also say that my experience helped me to better understand how cryptocurrency trading works and that, in principle, if necessary, I can work in this direction. If you would also like to start trading cryptocurrency, then I can only advise you one thing, study as much information as possible about the current market situation and choose more suitable trading pairs for trading.

[blockman]

No thrill and you can do whatever you want. You're not going to put extra care as you deal with demo accounts. In that demo, you're not going to feel that you have to improve or grow your money because it's just free money. Try to put some effort and use your own money and you'll feel more responsible and guilt when your money is the one being used. The hard part of experience in trading is about losing and if you cannot accept that most traders are going to lose then do not trade so you won't lose.

Right and for sure when the time we go on real time trades we provably test again since those demo things will not totally help us and its good to use maybe small amount for starting up since we will surely be careful on our selections since for sure we don't want to lose our money and try to multiply it, also the losses we can experience by using a real money will provably a learning experience since for sure we will avoid the mistake we do to not encounter the same mistake again.

It will somehow help us but it will make us easy if we're always in the demo version. Unlike the real money application, putting our money into trading.
There will be a lot of things that can happen, good and bad things. But just to be sure that you're ready for it, make sure that you're only going to trade with an affordable amount.
The amount that you're good to lose and good to learn a lot of lessons. Even with just very small amount, you're going to make yourself satisfy from doing so.