Getting more skills in trading

[Bushdark]

Hi everyone, I have been away from this forum for a very long time now trying to learning more on trading so I can get better skills when it comes to analyzing the crypto market. Many newbies like me needs to better their skills too so we can diversify our knowledge when it comes to crypto currency, trading and other aspects. I am very happy to be in the forum cause I have gained much knowledge here, also the urge to improve and learn more.

I am currently learning trading and other aspect of crypto so I can fit in when it comes to crypto world. I really appreciate every articles/posts I've read here that had made me keep going. Actually I decided to drop these topics(Technical aspect) I've covered in my trading classes maybe it can help someone here that might be looking for something to ready on, to better their knowledge in trading.

HOW TO KNOW WHEN TO ACTUALLY BUY OR SELL
❇HOW TO GENERATE SIGNALS FOR YOURSELVES.
❇INDICATORS: Moving Averages, Stochastic, MACD, Bollinger bands, RSI, ADX, Parabolic SAR, ATR, Ichimoku etc
❇TIME FRAMES ANALYSIS
❇SUPPORT & RESISTANCE LEVEL
❇CANDLE STICK ANALYSIS
❇FIBONNACCI LEVELS
❇PIVOT POINTS
❇ELLIOT WAVES & FRACTALS
❇CHART PATTERNS

I like to update this post as I learn more... thanks

[Ziskinberg]

You can't learn them all in just a single day, however, you can learn them somehow if you don't get tired of reading books, watching online tutorials, and most of all, having an experience. Indeed we can't find a lot of tips on the internet, the only thing you do is to try following them.

https://www.learntotrade.com.ph/23-tips-cryptocurrency-trading/

Perhaps, it was 23 tips, not so many but they are all important in the sense that you are still learning and acquiring more ideas.
There is another one https://trendsurferssignals.com/how-to-trade-cryptocurrencies/

You can find a lot more if you keep searching. Wait, it could be easier for you to have a mentor to guide you. Of course, you can leave him if you're done.

[palle11]

What you need is hard work and looking at the things that you have mentioned you can achieve them if you have passion for trading but if you don't you may not find the interest to keep going along the line. You need to study alot, read and watch videos but above all that you learn you will need to do your practice yourself. I wish you the best as you journey into learning the trading skill.

[hugeblack]

You are giving general headings which cannot be taken as a basis for benefiting from anything, so at least add more details like definition of technical indicators, how to read charts, opening an account in tradingview, and some simple experiments.

Then you can only learn if you do the experience, which is a basis for enhancing theoretical knowledge, and trading means losing, and therefore you must pay attention to the psychological aspects.

In addition to the science of studying the market, bearing risks and not investing money that you fear losing.

[logfiles]

Just like most things in Life, in trading there is the theoretical part and the practical part. Theoretical is just like the initial guide, especial if you are a newbie in trading, but the most important aspect is actually practicing.

You can never learn how to trade if you are not practicing and with each trade you open or close, you learn something. Practicing also means you have to deal with emotions which you don't experience if you just watch YouTube trading tutorials.

[bijaysim2005]

https://shrinke.me/yPep

[The Cryptovator]

Seems you are more experienced than us lol. Because you have added a lot of technical points on the thread that I am not aware of. Anyway, trading isn't a thing that you can learn by reading or watching videos without doing it by yourself in real life. In the beginning, most traders lose money, and day by day they improve. So you need to stay here and learn. Of course, you need to study besides trading. So I will suggest starting trading with a small number of funds then start research. Keep in mind you need to research the project that token or coin you gonna buy. Otherwise, your analysis would be worthless.

[Kasabus]

You are giving general headings which cannot be taken as a basis for benefiting from anything, so at least add more details like definition of technical indicators, how to read charts, opening an account in tradingview, and some simple experiments.

Then you can only learn if you do the experience, which is a basis for enhancing theoretical knowledge, and trading means losing, and therefore you must pay attention to the psychological aspects.

In addition to the science of studying the market, bearing risks and not investing money that you fear losing.

As a newbie, there are a lot of things that you really have to know and get familiarize with if you want to enter trading. With your due diligence, you can acquire them slowly. But the best teacher would still be experience. What you learned from the books, videos and trading tutorials will go into waste if you do not care to apply them in the real field of trading. Trading is practically more on developed knowledge and enhanced skills, and with the right attitude in trading, and of course knowing its best entry and best exit will certainly guide you to avoid so much losses in trading.

[Ryker1]

Well I must say, --you would be improved in your trading skill if you will enhance it personally, trading need more experience before you will learn on it, you cannot get skills or improve it through reading only, watching videos or even tutorial without even trying it personally. There is no way to shortcut in trading, you will always suffer from losing that will perhaps waste money if you don't have skill in trading. The OP given statement was right but it seems very common advice, you need to prove on yourself and have experience on your own of course.

[Scripture]

Do your best effort to learn trading, looking at the post its really not easy but its possible in just a short period of time. Trading is something that you should take seriously, your money is at stake here so if you don’t want to lose go for best trading strategy. Improve your skills always, consider it as your serious job as well.

[sheenshane]

Your technical aspect is good but I suggest you don't focus too much on it, you can try also to understand the fundamental aspect and how we combined these two analysis into a better result.  There are circumstances in that FA was more accurate than the TA, you should also look at that matter for your trading activity.

Trading skills, the best result is to have a frequent experience which in every trading experience you can learn on it and avoid those mistakes that will not happen in the future.  I hate people who say, training is very easy to make a profit from, they seems misleading newbies with that information they heard.  Trading need to spend your precious time just to learn and also extend your patient.

[adaseb]

The only way to learn how to trade is with experience and you cannot teach or learn experience. You need to basically sit around all day and lose money left and right…. Blow an account. Swear at the computer. Deposit more money. Lose it again. Swear at the computer some more. Deposit more money. This time try trading something else like stocks. Make some money. Lose your profits plus your entire balance. Swear at the computer. Deposit more money and keep trying.

You will either get it or you will give up after a certain amount of times because it will just become boring and you won’t want to do it anymore.

You are a small fish in an ocean full of sharks. It’s not easy to survive.

[Sterbens]

I am not an expert in this matter, but as a form of sharing my experience with you, that all has a long process and persistence and you have it within you. One thing in all trading, all methods, procedures and any aspect that is very useful in the analysis of movements, so learn the things you need first. Don't consume everything, just apply what you understand, imitate trading, and evaluate and draw conclusions. make at least a test sample in the timeframe you need. Make a table of the influence of method A on profitable B. And so on, until you find what you are looking for and is truly compatible with your needs.

[Beparanf]

Your technical aspect is good but I suggest you don't focus too much on it, you can try also to understand the fundamental aspect and how we combined these two analysis into a better result.  There are circumstances in that FA was more accurate than the TA, you should also look at that matter for your trading activity.

Trading skills, the best result is to have a frequent experience which in every trading experience you can learn on it and avoid those mistakes that will not happen in the future.  I hate people who say, training is very easy to make a profit from, they seems misleading newbies with that information they heard.  Trading need to spend your precious time just to learn and also extend your patient.

Highly relying on Fundamental Analysis will not gonna give you an accurate result in the long run, FA in crypto only works during initial phase of crypto or if the news is really huge. Most of the crypto project rely on new as there main marketing tools so you will just confused on your FA if you are only relying on bunch of project updates considering the technical aspect of the project is given since that’s the first thing to do on choosing the coin you want to trade.

TA is the most efficient tool to use on trading because all the data provided on the price history is accurate using short time frames. Most traders use TA too so as it’s a self fulfilling prophecy, it always work when everyone looking on same pattern.

[Strongkored]

All the knowledge you have learned will only be really useful if you have applied it in real trading and also real money not with a demo account.
Why not explain in detail all the points you mentioned? because you have learned it surely there is knowledge that you can share here.

[Desscount]

All the knowledge you have learned will only be really useful if you have applied it in real trading and also real money not with a demo account.
Why not explain in detail all the points you mentioned? because you have learned it surely there is knowledge that you can share here.

The demo account is completely different if we start trading for real,
the demo account is clear as it is set up from there and it will be easy to make a profit,
what is clear is the knowledge and skills we have learned will be tested when trading for real

[tranthidung]

To get experience in either trading or investment, you need both time and repetitions. To be safe a long the way, you must use small capital for it and use very small money (compares to your whole capital) for each order (repetition) you do.

Why I advice so?

Because most of newbies do get failed trading, investments and to minimize your loses, this approach is helpful. Make sure that you can get as many repetitions for your loses as possible to get lessons and improve yourself but they won't steal all of your capital, won't kill you.

[toyo87]

I always use free opportunities to improve my trading skill.

Here is one I just found.

Do you want to Trade Future but don't have money or can't risk your own money?

Discover free $1000 USDT Bonus to trade future.

Register on MEXC exchange with my link: https://www.mexc.com/en-US/register?inviteCode=mexc-14tmZ and get Up to $1k USDT (performing simple task) to trade future and withdraw your earnings/profits from the trade.

Condition:
Only available to newly created account.
Free Fund can not be withdraw, only profit from the trade.
The free USDT is valid for 30 days (so you have to use it within 30days after registration).

Lets get some free cool crypto financial benefits this week.🍾🍷

[jrrsparkles]

Knowledge and experience will make a trader to be more successful and it really depends on every individual, not everyone can learn one thing in the same time period for someone it may take few weeks and for kthers it needs few years but eventually they can learn when constantly keep trying. Meanwhile you have to be prepared to face the financial consequences of trading as well and its better to go as full time trader only if you have other passive income sources.

[VanityWallets2015]

Those are just startup topics and not getting more skills? You can get more skills by trading since you would understand it well and you can make different strategies based from actual trades. I see some users for example they learn what is trend line and all the time they are forcing things that would fit a trend line and ended up losing their trade.

I think those list of yours is a good startup to understand the theory behind that topic and that is not exactly what will happen in actual trade and only through actual trading you'll understand and gain skills in trading.