Getting more skills in trading

[isaac_clarke22]

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Reading alone won't give you skills in any field. This is what contributes to trading unlike being self-taught to any other field like programming. In trading, you'll really need to risk your money and test the waters if the strategy or the knowledge you had learned went into full effect.
Some would suggest to a virtual trading or a simulated one, but in that case you wouldn't really have been affected by the losses you make unlike when you're actually the one trading.
Source: Experience.

[Wawa2013]

It is good that you have chosen to learn and not be like all those who would be talking about profit first when they have no clue on what they should do in trading.

Profit is important, we all know that very well, but we should all also understand that before we can achieve success in making as much wealth as we want, we would have to first of all lay the foundation which is required for us to achieve that success. So, what do we do then? What we have to do is to learn. When we decide to learn and gain knowledge, that is when we would see things start working out for us.

Profits will follow us naturally, as we continue to improve our trading skills. So never stop to learn, there are always many new things in the world of
trading that we need to learn. Don't just focus too much on chasing profit, because that's what ultimately makes us fail. Don't be complacent when
we succeed in getting big profits when trading, because there are always shortcomings in us that must be corrected. So it would be better if we did
an evaluation every time we finished trading, so we can find our shortcomings and we can correct them in the next trade.

[TimeTeller]

~

Reading alone won't give you skills in any field. This is what contributes to trading unlike being self-taught to any other field like programming. In trading, you'll really need to risk your money and test the waters if the strategy or the knowledge you had learned went into full effect.
Some would suggest to a virtual trading or a simulated one, but in that case you wouldn't really have been affected by the losses you make unlike when you're actually the one trading.
Source: Experience.

Demo trading may be helpful in getting the grasp how the trading buttons work for specific platform.
But it may not be helpful when you are already actually trading with coins using your own funds.
Because every coin has their own trend in the market, and that is for you to learn.
The demo trading won't give you that kind of knowledge but the experience itself.
And it would take lots and lots of experience to learn possible tricks in trading.

[Mpamaegbu]

~

Both are needed tho because you can't just learn and learn but you have to apply what you have learn

Practice is beyond learning. It's the essential of the game. For me, one doesn't even begin to ascribe the "trader" appendage to oneself until one has proved oneself profitable on the platform. Being profitable comes with practice and not just mere reading. Most people who mouth their wins online aren't consistently profitable if you check them up. Perhaps, they've a flash in a pan kind of luck experience and then they embark on marketing and sales of trade signals by advertising their once in a while glory. That's isn't even an issue anyway. I don't believe anyone would think so or have much issue with how people earn on trades (whether through trading or marketing) if only people will be honest with it.

[Desscount]

~

Reading alone won't give you skills in any field. This is what contributes to trading unlike being self-taught to any other field like programming. In trading, you'll really need to risk your money and test the waters if the strategy or the knowledge you had learned went into full effect.
Some would suggest to a virtual trading or a simulated one, but in that case you wouldn't really have been affected by the losses you make unlike when you're actually the one trading.
Source: Experience.

Demo trading may be helpful in getting the grasp how the trading buttons work for specific platform.
But it may not be helpful when you are already actually trading with coins using your own funds.
Because every coin has their own trend in the market, and that is for you to learn.
The demo trading won't give you that kind of knowledge but the experience itself.
And it would take lots and lots of experience to learn possible tricks in trading.

That's true so please understand first that demo trading with real trading it will be much different,
by trying demo trading at least for beginners they have a shadow before proceeding in real trading,
we can learn from others not only on demo accounts

[Silberman]

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.

This is one of the problem of the people that are just entering the markets, they think they can learn everything they need to know in just a few days and this is simply not possible, it takes a lot of time to become proficient enough to create your own strategy, backtest it and execute it properly, by the time you can do something like this months have passed, and that is the best case scenario, so people need to be realistic when it comes to the rate at which they can learn.

[Scaterbrainn]

Without trading skills, it is like flying a plane in the dark. Also, the list of skills is long. Traders should first prioritise what they should learn and take one step at a time. Other than that, as suggested by others, don’t just read. Give time to practise your skills.

[JooBra]

Without trading skills, it is like flying a plane in the dark. Also, the list of skills is long. Traders should first prioritise what they should learn and take one step at a time. Other than that, as suggested by others, don’t just read. Give time to practise your skills.

Problem is even learning isn't guarantied that will help you. You need to trade with real money to learn from the emotions side of things, since some people can't handle emotional side of trading.

[Luzin]

This is one of the problem of the people that are just entering the markets, they think they can learn everything they need to know in just a few days and this is simply not possible, it takes a lot of time to become proficient enough to create your own strategy, backtest it and execute it properly, by the time you can do something like this months have passed, and that is the best case scenario, so people need to be realistic when it comes to the rate at which they can learn.

That's how hard it is to learn trading. New traders often have high hopes for quick profits. They do not have and master the emotions and mental to be patient. So they sometimes choose to buy and join a group that gives them a sign to buy a coin. Actually this method can be an alternative, but it will not make new traders develop. They only rely on other people in the end he will only depend on not being able to be independent. The best traders are those who are willing to follow the process and be patient.

[Vaculin]

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.

You will never learn in trading if you never let yourself experience the different trading scenarios. Reading books and watching video tutorials are helpful but the best things are learned when you start to put them into practice. Particularly in gaining skills, you will only develop them if you keep on trading and losing because it will give you lessons and help you to motivate yourself to develop your own skills and strategies to minimize seeing yourself from committing losses. Trading should be learned the hard way so you should exert more time and effort to make you learn. 

[Finestream]

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

These are the common topics about trading, learning those topics can be a big help for your trading journey.
I started reading books years ago, and honestly I still keep reading them because I believe on continues learning and we should not be complacent because this market moves a lot and if you stop learning you might be left behind.

Trading looks too complicated so take a baby step at a time and don't rush yourself to learn everything in just a month. Learning trading will take years honestly, a very challenging experience but the reward is huge so don't be afraid to take sacrifices for now because trading can give you a lot.

Yes, trading is not just learned a week or a month, but it takes years for you to say that you have learned in trading. And with experience, your learning in trading will be more efficient and makes you more competent. However, gaining skills in trading would not be as easy as that. A trader should have more focus and concentration so he can develop his own skills in trading that will give him an edge over the market. And having a good analytical skills in trading will help him more to cope up with the fast changing patterns that will affect the market.

[tvplus006]

You will never learn in trading if you never let yourself experience the different trading scenarios. Reading books and watching video tutorials are helpful but the best things are learned when you start to put them into practice. Particularly in gaining skills, you will only develop them if you keep on trading and losing because it will give you lessons and help you to motivate yourself to develop your own skills and strategies to minimize seeing yourself from committing losses. Trading should be learned the hard way so you should exert more time and effort to make you learn. 

The problem is that most people get knowledge for trading cryptocurrencies through self-education, while making many mistakes when choosing training material. And each such mistake leads to financial loss, which in turn leads to the duration of the search for truth.

[LastKiss]

You will never learn in trading if you never let yourself experience the different trading scenarios. Reading books and watching video tutorials are helpful but the best things are learned when you start to put them into practice. Particularly in gaining skills, you will only develop them if you keep on trading and losing because it will give you lessons and help you to motivate yourself to develop your own skills and strategies to minimize seeing yourself from committing losses. Trading should be learned the hard way so you should exert more time and effort to make you learn. 

The problem is that most people get knowledge for trading cryptocurrencies through self-education, while making many mistakes when choosing training material. And each such mistake leads to financial loss, which in turn leads to the duration of the search for truth.

Well, if you're not ready to use real money we can always practice with the demo account without feeling any possibility of losing money, having a risk of losing money is not unavoidable but we can make that risk to a minimum with enough practice using demo trading, learn how to analyze, learn how to read market movement, learn how to read candlestick and many more.

[ajochems]

All the people who involve in the trading are look into the profit alone.All the time,we can learn trading from the trade.Nothing can be done without a practice.Not only for the practice,trading need of knowledge.Trading knowledge can be occurred with the trade.Once you got enough trading knowledge,your profit mode will be start.Then you will get huge profit from the trade.

[Lanatsa]

All the people who involve in the trading are look into the profit alone.All the time,we can learn trading from the trade.Nothing can be done without a practice.Not only for the practice,trading need of knowledge.Trading knowledge can be occurred with the trade.Once you got enough trading knowledge,your profit mode will be start.Then you will get huge profit from the trade.

Everything would really run through real experience and dealing on with the market for yourself because you wont learn something unless you would trade on your own and gaining skills is really through engagement.

If you do rush up yourself then it would really be just creating mistakes so its better to take a grasps on everything and dont mind much about making money but rather thinking about sustainability.

You would find out that you would really become even more better compared in the past although this wont take a short time.

[Lubang Bawah]

When we trade, of course, many things are needed, basic knowledge to complex analysis is a mandatory thing that must be mastered, as traders of course we will continue to follow the latest developments so that being a trader will increase a lot of skills.

[Silberman]

Without trading skills, it is like flying a plane in the dark. Also, the list of skills is long. Traders should first prioritise what they should learn and take one step at a time. Other than that, as suggested by others, don’t just read. Give time to practise your skills.

Good analogy, but unfortunately the evidence shows that people like to fly a plane in the dark as you mention, they decide to begin to trade without any knowledge about it since they feel trading the markets should be easy, so if we keep up with your analogy this is not even about flying in the dark, the conditions could be perfect for flying, the plane could be in the best conditions possible with a lot of fuel and newbies will still crash and burn under those circumstances due to their lack of knowledge.

[passwordnow]

All the people who involve in the trading are look into the profit alone.All the time,we can learn trading from the trade.Nothing can be done without a practice.Not only for the practice,trading need of knowledge.Trading knowledge can be occurred with the trade.Once you got enough trading knowledge,your profit mode will be start.Then you will get huge profit from the trade.

You have to sum up all of those if you want to be good in trading. It's true that practice is needed and you really need to apply that to yourself by doing trades.
If you don't do that, how can you learn and get skills in trading if you're always in the theoretical way of understanding it. That's why you'll lose and win and that's normal because you'll not know what are the basics if you don't experience losing.

[Sled]

snipped...

You have to sum up all of those if you want to be good in trading. It's true that practice is needed and you really need to apply that to yourself by doing trades.
If you don't do that, how can you learn and get skills in trading if you're always in the theoretical way of understanding it. That's why you'll lose and win and that's normal because you'll not know what are the basics if you don't experience losing.

No one had ever going to succeed without suffering losses. It somehow teaches us to correct our mistakes. Those people who are open-minded and willing to change will absolutely are going to reach their goals.

https://www.bestfxbrokers.com/binary-trading/guide/10-trading-habits/
I'd found these helpful habits that could help us to realize what we need to do and what we need to enhance which literally is all about ourself improvement.

[LastKiss]

snipped...

You have to sum up all of those if you want to be good in trading. It's true that practice is needed and you really need to apply that to yourself by doing trades.
If you don't do that, how can you learn and get skills in trading if you're always in the theoretical way of understanding it. That's why you'll lose and win and that's normal because you'll not know what are the basics if you don't experience losing.

No one had ever going to succeed without suffering losses. It somehow teaches us to correct our mistakes. Those people who are open-minded and willing to change will absolutely are going to reach their goals.

https://www.bestfxbrokers.com/binary-trading/guide/10-trading-habits/
I'd found these helpful habits that could help us to realize what we need to do and what we need to enhance which literally is all about ourself improvement.

I agree, that when someone faces many losses they will grow fast as they can, "Never stop learning" is the best word that I will keep in mind because without any sustainable learning we can't adapt to any new change in trading. We can keep learning from experience or even we can learn from watching videos anything will work just adjust with your comfortable method.