A guide for beginners to learn trading

[andriarto]

but sometimes trading also depend on our luck.

Don't always believe that trading is about luck because it is not same as gambling. Do your rigorous training and learn about what it takes to trade, it is not considered as luck. There are guides that you can use to prevent your loses to be huge and if you can pick more pips as profit than pips that you lose then you don't see it as luck. You need to learn the ropes to a better trade, learn technical aspect of trading because it is important.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

True. Trading is somewhat complex so you should never stops learning from it. And thanks to you OP as you provide clear guide for beginners on how to trade with more understanding and of course with long patience. Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

very helpful tutorial to learn trading, but the biggest thing we have to learn because the most difficult is self-control of emotions. many traders are unlucky because they are greedy or panic sell, even though they already have good trading techniques, but technique alone is not enough to be successful, we must also be able to manage finances so as not to make a wrong move. we have to take into account the risk and reward

[globalpain]

but sometimes trading also depend on our luck.

Don't always believe that trading is about luck because it is not same as gambling. Do your rigorous training and learn about what it takes to trade, it is not considered as luck. There are guides that you can use to prevent your loses to be huge and if you can pick more pips as profit than pips that you lose then you don't see it as luck. You need to learn the ropes to a better trade, learn technical aspect of trading because it is important.

Trading I think is very complex and we need to learn everything related to trading,
both knowledge, skills, and mentality are very important to support in trading,
so we really have to prepare it all as well as possible

We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this.

True. Trading is somewhat complex so you should never stops learning from it. And thanks to you OP as you provide clear guide for beginners on how to trade with more understanding and of course with long patience. Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

very helpful tutorial to learn trading, but the biggest thing we have to learn because the most difficult is self-control of emotions. many traders are unlucky because they are greedy or panic sell, even though they already have good trading techniques, but technique alone is not enough to be successful, we must also be able to manage finances so as not to make a wrong move. we have to take into account the risk and reward

Yes knowledge and skills alone are not enough if you want to be successful in trading,
after all trading can be said to be very complex and we need to control ourselves,
So I think it's something like this that also needs to be realized

[doomloop]

Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.

That is because of just learning alone will not help anyone to become successful trader in cryptocurrency trading. After learning people must go for practicing in real time environment; when they are willing to experience real time pressure then they can become profitable traders over the time.

I believe that the best option for a beginner is a demo account.

yeah, demo accounts are needed for practicing but trading with real account only with very small capital is highly recommended so that beginners will not lose in the process of learning. Demo account may not provide the all real time emotion relating experiences.

[Finestream]

I believe that the best option for a beginner is a demo account.

For a start, maybe a few days to a week that would be awesome.

But after that, what's next?

The actual trading it goes and see if the learnings you've gained through demo account is going to result into good trades and into your fruition with this career.

You should engage in an actual trading of course so that you will have a real life experience that will make you a better trader. And even if you lose, i know it will always teach you lesson so that you won't be making the same mistakes again. But thanks OP for the helpful guide. It's always a good feeling to help beginners since they are still prone to losses but if they can follow your tips, it will somehow minimize their losses knowing they will have the idea what to expect in a real life trading scenario.

[iv4n]

BTC was dropping and the guy was desperate a bit.

And what is the best advice here? Holding for the next bull run or cutting losses and waiting for a new dip for buying?! What advice do you give to a desperate trader? Quit trading if you can't separate emotions from your trades?!

I believe that the best option for a beginner is a demo account.

For a start, maybe a few days to a week that would be awesome.

But after that, what's next?

The actual trading it goes and see if the learnings you've gained through demo account is going to result into good trades and into your fruition with this career.

I don't like demo accounts as well... maybe demo can be good for people who are trying trading for the first time and they wish to learn about all the features for free, but even that is questionable! The real thing is the real thing, when real money is involved we learn better and faster. Having some losses here and there is not a bad thing, we all make mistakes, we need to learn how to keep a cool head in troubled times, how to not get greedy, to not make desperate moves... and we learn by practicing trading, it's how we get to experience! Doing it with demo simply doesn't give all that!

[Peanutswar]

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

[pinggoki]

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

The problem is that a lot of people that are trading inflate stories and unknowingly or knowingly deceives people because they will get something out of it and an average person is stupid and they will end up having to believe those stories and think that they will be able to do the same thing which isn't the case because we all know how hard trading is when we do there.

[Botnake]

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

The problem is that a lot of people that are trading inflate stories and unknowingly or knowingly deceives people because they will get something out of it and an average person is stupid and they will end up having to believe those stories and think that they will be able to do the same thing which isn't the case because we all know how hard trading is when we do there.

Well, an aspirant trader can only prove it if he experience trading on his own. And by then he will realized that trading is never an easy thing, that making quick profits in trading without extra effort will never be possible.

However, for those who trade that made a lot of preparations to improve oneself will always seen successful in trading. Because in trading, its not just about how big is your capital, but more on your knowledge and skills, your special strategies, your patience, and your positive mindset that will always make a trader lasts longer and sustain its profit consistency.

[passwordnow]

Informative blog.
It's a good read for those beginners that are looking for a way to start trading. They can start out with the guide you've made OP so they know where they should start with their trading journey. A lot of beginners are doing it wrongly because they're greedy and thinking that it's as easy as what they think about trading. But reality is sinking in to them until they get to realize that it isn't what they think.

[AicecreaME]

Kudos to you OP for making such effort to help other people.

But here's my opinion. Anyone could try to find and study about trading by reading articles, watching tutorials, but the problem will start when they are actually trading. People are good on academics (studying about Trading) until they are on the trading situation, some people are not good in both. You need both, the knowledge and the practical scenario skills on how to apply it correctly for each trade in order to make your day productive.

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

[Raflesia]

Informative blog.
It's a good read for those beginners that are looking for a way to start trading. They can start out with the guide you've made OP so they know where they should start with their trading journey. A lot of beginners are doing it wrongly because they're greedy and thinking that it's as easy as what they think about trading. But reality is sinking in to them until they get to realize that it isn't what they think.

A beginner should see the guide in this blog because it is enough to compile the content table, just choose which one is not understood there is quite complete.

Of course, for someone who likes to read the entirety of the content provided on this blog, this will be useful before you jump into the trade, because we will know the basics first before getting into the skills we have.

[AakZaki]

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they  move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

[jaberwock]

Many people today would like to join into the trading and cryptocurrency world and guess what's the reason it looks easy when you watch and you can get profit immediately with just predicting the market trend. It's just a basic thing to look but it requires knowledge, skills, strategy and of course, the emotion to handle every time to make a trade. As possible make an introduction to them that its a crypto any decision you made might change very time. sometimes we cannot avoid people blaming others because of the decision they made.

Most of these newbies have heard about Bitcoin, but mostly what they hear about it is the good part of it and how people have made millions of profits by investing in Bitcoin, most of them don’t even know the risk that are involved. So, it is good to let them know that there are risks involved before they start investing, so that if the outcome of the event turns out bad they wouldn’t come and start blaming you.

So whenever I’m talking to newbies about Bitcoin I always make sure that I state the risks that are involved and make them be aware of it. Then I would advise them on how to go about it, so that they would be able to manage their risk and not lose much of their money, in case the outcome of the market happens to turn against them.

[perfect999]

Learning to trade is not that easy if you start from scratch and there are many topics to be covered.

So I decided to write a guide on my blog that would cover all the basics in order to put him and other new traders on the right path.

I thought that sharing it here might be good if ever any of you would like to get started with trading.

Don't hesitate if you have any questions or suggestions on what I could add to the guide to make it more complete.

As long as you ask others what to trade, you will lose money. That is something I learned a long time ago, if you ask other people what you should trade, which coin you should buy, which coin you should sell, 100% of the time they will tell you the ones that they buy and sell. If they are wrong then you will lose money and since everyone could be wrong, they will make you lose money. Always learn yourself and even if you lose, you will learn why you lost.

[tippytoes]

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they  move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

[Kasabus]

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they  move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Well, no one succeed if you are thinking about quitting. So just keep on trading while learning more in trading. And expect that losses more often comes particularly if you are still a beginner, but as soon as you get to understand the market more, you will also minimize your losses and start to maximize making profits. Trading is really hard if you are not prepared for it, but if you see yourself more prepared and is willing to take and manage the risk, i think there will be high chances that you will succeed and become more profitable in the long run.

[milewilda]

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they  move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Well, no one succeed if you are thinking about quitting. So just keep on trading while learning more in trading. And expect that losses more often comes particularly if you are still a beginner, but as soon as you get to understand the market more, you will also minimize your losses and start to maximize making profits. Trading is really hard if you are not prepared for it, but if you see yourself more prepared and is willing to take and manage the risk, i think there will be high chances that you will succeed and become more profitable in the long run.

Quitting early wont be a solution because we know that mistakes and wrong decisions could really happen but to mind off is that this is where you do learn up something on which you do gain up experience.When it comes to guide then there are lots of various sources on which you could study on or you could even ask out the community in regards to your trading and you would
get immediate response but of course you would be keen on which one to believe and which one should be ignored.You are the ones who is on control which it would really be just
right that you are aware on what you are doing.

[GreatArkansas]

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they  move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Well, no one succeed if you are thinking about quitting. So just keep on trading while learning more in trading.
(....)

]
^ This is one of the common mistakes of newbies or those people who are just starting to trade, they don't have dedication or commitment, after few trades or few losses, they stopped trading, they don't know it is part of the process, not all trades are winning trades. So, they must take it as lesson and apply learning from their mistakes on previous trades, correct those mistakes on next trade.

[Sanitough]

~snip~

Now, what would happen if you failed to apply it correctly? the answer would be, it is either you quit and just wasted your time studying trading or continue and finish what you've started.

If they always learned I think failure will be minimized. Although it failed/mistakenly it could come at any time. If they decide to quit, it seems like a wrong decision. Everyone can because of learning, I firmly believe trading is something that can be learned. So in the end it's just the will that works. If you try once and lose it is natural. If they  move has failed then I think their perception is wrong. Beginner traders must be resilient please try without giving up by sticking to the risk management you have learned. I'm sure if you keep trying, it will work.

The article posted by the OP has a lot of info to digest with. But if you are starting in trading, just use small amount of funds that you can afford to lose. All of us here start from scratch. We don't know crypto when we entered here. So yeah, it is a matter of time before we learn things here. And still, everyday is a learning day for us as we embark different scenarios here. There's no defined formula in crypto trading. So the more experience you have, the better insights you get. And that will help you in your trading journey, that is, if you don't quit.

Trading is never learn in an instant, its best learned from a series of experiences that will always bring lessons to motivate us. And yes, trading is a daily learning, and the more you get to experience trading, the more you understand the market. But of course, you will only succeed in trading if you are patient enough to face all its risks, and even if you make frequent losses, that should not be a hindrance to prove to yourself that you can be successful and a good trader in the end.

[passwordnow]

Informative blog.
It's a good read for those beginners that are looking for a way to start trading. They can start out with the guide you've made OP so they know where they should start with their trading journey. A lot of beginners are doing it wrongly because they're greedy and thinking that it's as easy as what they think about trading. But reality is sinking in to them until they get to realize that it isn't what they think.

A beginner should see the guide in this blog because it is enough to compile the content table, just choose which one is not understood there is quite complete.

Yes, it's a compilation of information that a newbie needs. It's like a whole package although someone would still find some questions that's not included on this blog but overall, there's a lot of details that can be a good start for a newbie that looks for a guide.

Of course, for someone who likes to read the entirety of the content provided on this blog, this will be useful before you jump into the trade, because we will know the basics first before getting into the skills we have.

It's a good source for those who still have a lot of questions and likely this blog can give them those basic details that they need before they start trading.