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Author Topic: I think its time to start my crypto trading lessons  (Read 939 times)
jaberwock
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May 11, 2022, 04:23:01 PM
 #101

especially if we are in the right community it will really help us to grow in improving the quality of trading. I think we are all the same, which must always study with the market so that the experience of our friends is a valuable lesson, where if it is bad then we as much as possible to be able to prevent it. it's not as easy as reading and memorizing, because what determines the outcome here is trading practice
That's true regardless of what we already have today we still need to always learn,
the more experience will also make us better and that's good for development,
Trading is not easy and the risks are big so it is very important to keep learning
Learning they say never ends! Actually there’s anyone out there alive ago actually believes that saying is false is someone who has probably never been involved with Cryptocurrency or has never come across the word before perhaps. The experience we get from gathering knowledge is sublime, as a matter of fact, it’s diversity is my driving force, most times I feel I can know it all, boom, something pops out of no way and I become a newbie instantly.

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May 11, 2022, 06:22:03 PM
 #102

I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day,  now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
Wrote about these books in response to a previous post in the feed)

I was very interested in reading Mike Bellafiore's book "One Good Deal" and Mark Douglas's book "Zone Trading".
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May 11, 2022, 07:26:12 PM
 #103

there are no shortcuts to quickly mastering how to trade. To be able to master the skills in trading you have to study hard, you have to take the time to practice directly with the market. You don't have to spend money to practice, you can use a demo account as your first education. Talking about the courses available are numerous, and there are on youtube and articles that explain a lot about trading and various crypto insights.
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May 12, 2022, 06:01:33 PM
 #104

when you already know the existence of crypto that's where you have to learn crypto. Talking about time to learn is very easy, you don't need to spend full time studying. on the sidelines or after you finish doing the main work, then you can learn about crypto. Crypto is not in a short time, you have to take it slowly to be able to master trading strategies and become a professional trader.

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May 12, 2022, 06:16:02 PM
 #105

As you have rightly said, there’s definitely no one who can learn everything about cryptocurrency in a day or there about. Hence I feel there’s no actual book written that would actually contain the knowledge you so desire towards cryptocurrency and/or trading since it is very vast. I would rather recommend you go on YouTube and watch several good videos, purchase tutorial videos or courses from reputable company that’ deal in that area of concentration.

Even till today, as professional as I think I have gotten, I still pay to get some knowledge and shockingly, times I learn are things I would never have believed I didn’t know! Reading a book about Bitcoin is mostly never my type of advice because books hardly get updated meanwhile things are happening daily in cryptocurrency.
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May 12, 2022, 07:11:51 PM
 #106

its a good determination that you have made. you only need to be consistent with the learning and keep practising as much as you can. youtube has a lot of good lessons you can use. check out illya sowic , he is a great guy with lots of tutorials on trading.

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May 12, 2022, 11:36:31 PM
 #107

I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day,  now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
https://www.investopedia.com/learn-how-to-trade-the-market-in-5-steps-4692230
https://www.babypips.com/

Try to finish up the courses on here on which you would really make yourself really at least learn up.This had been connected to Forex but it is really just the same in terms of technical aspects.
The rest of learning would really be in real experience which you could gain in actual engagement.

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May 13, 2022, 04:21:01 AM
 #108

its a good determination that you have made. you only need to be consistent with the learning and keep practising as much as you can. youtube has a lot of good lessons you can use. check out illya sowic , he is a great guy with lots of tutorials on trading.
The good thing is to be consistent in learning because not everyone has that,
actually there are several platforms that we can use to learn to trade,
indeed most people are more interested in learning on youtube because it is presented in the form of videos and it is interesting

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May 13, 2022, 11:10:14 AM
 #109

The good thing is to be consistent in learning because not everyone has that,
actually there are several platforms that we can use to learn to trade,
indeed most people are more interested in learning on youtube because it is presented in the form of videos and it is interesting
Too many videos will teach you how to trade but if it's about the strategy, not all of them will teach you their secrets. They might come to bait you that for more strategies and better ones, they'll give you a link to sign up that leads you to their trading group.
Like a pump and dump group for which they'll be sending signals, this is where the likely scam goes. They'll take your payments and membership fees for so-called signals.

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May 13, 2022, 11:08:58 PM
 #110

its a good determination that you have made. you only need to be consistent with the learning and keep practising as much as you can. youtube has a lot of good lessons you can use. check out illya sowic , he is a great guy with lots of tutorials on trading.
The good thing is to be consistent in learning because not everyone has that,
actually there are several platforms that we can use to learn to trade,
indeed most people are more interested in learning on youtube because it is presented in the form of videos and it is interesting

Consistency will give a huge factor when we want to achieve something, we should know that when we study it will not take only a span of time for us to learn all those things, aside from determination we need to have discipline. Be aware that there's a lot of fraud in this Space, you should learn to know if it is a scam or not, do not depende on a pump and dump group.
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May 13, 2022, 11:34:14 PM
 #111

You know when it comes to learning, it could be so over whelming with the bulk of materials out there. You have the feeling that you need to test out all the strategies out there and this in itself can become a problem with the lots of strategies put there, it becomes a problem. Best advice could be, you focus on one until it proves not to be usefulto you or it isn't giving you the kind of result you ought to be having then, you could switch for another strategy and see how well it goes with you.
You can also try to have a trading plan as one don't need to be trading everyday. Accurate records could keep you on track with the days you make the most profit, lose and on what trading pairs. Do that and you might as well trace errors in your trades while maximising profits.
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May 14, 2022, 05:30:27 AM
 #112

I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day,  now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
actually there's a lot of tutorials around the internet. And for me IMO if you want to learn more i suggest learn it one by one and create a list for it.

for examples how to use indicators, trend line, and other stuff that very useful in trading, so that you can easily understand how it works and what's the important thing to remember when using it..  Just don't rush and remember to practice it using demo account.

Yes, you are absolutely right, but before looking for indicators, what I would do is read about market speculators in the stock market, how they were able to solve certain situations? what decisions they made in the face of the events they were facing, the reason is simple, because it can be applied in its entirety to crypto and it would be learned to try to understand how the market moves.

If you learn to see how the market moves, it is very likely that you will later learn to make decisions based on it and on the indicators that you learn, thus reducing the probability of losing.

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May 14, 2022, 06:01:46 AM
 #113

~snip~
actually there's a lot of tutorials around the internet. And for me IMO if you want to learn more i suggest learn it one by one and create a list for it.

for examples how to use indicators, trend line, and other stuff that very useful in trading, so that you can easily understand how it works and what's the important thing to remember when using it..  Just don't rush and remember to practice it using demo account.

Yes, you are absolutely right, but before looking for indicators, what I would do is read about market speculators in the stock market, how they were able to solve certain situations? what decisions they made in the face of the events they were facing, the reason is simple, because it can be applied in its entirety to crypto and it would be learned to try to understand how the market moves.

If you learn to see how the market moves, it is very likely that you will later learn to make decisions based on it and on the indicators that you learn, thus reducing the probability of losing.


Prepare our mentality and our mindset is one of the things before I go to trading, If we see many people who just enter trading they already brag about their losses in this crypto space since losses can't be avoided but when we face losses we can take some experience from there and move on. Everything will be useless if our mentality and our mindset are not ready to face something that didn't go like what we hope. 

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May 14, 2022, 07:14:13 AM
 #114

With crypto you have to read almost everything available, because learning it is never enough,  you have to read alot of articles and also watch a lot of videos on YouTube. And you having free time now you should take alot of advantages of it.
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May 14, 2022, 06:48:21 PM
 #115

The good thing is to be consistent in learning because not everyone has that,
actually there are several platforms that we can use to learn to trade,
indeed most people are more interested in learning on youtube because it is presented in the form of videos and it is interesting
Too many videos will teach you how to trade but if it's about the strategy, not all of them will teach you their secrets. They might come to bait you that for more strategies and better ones, they'll give you a link to sign up that leads you to their trading group.
Like a pump and dump group for which they'll be sending signals, this is where the likely scam goes. They'll take your payments and membership fees for so-called signals.
Thanks to online world being a big one, there are a lot less people who end up doing the thing that you say they do because there are a lot better competitions that get attention. I follow a few of them, both in trading and also mining, and in both sectors there are some who do it correctly and there is nothing to worry about because they are legit people and they share every knowledge they can get their hands on.

I personally follow them because they do not say that the coins they trade are the good ones, they say that the best way to invest is the "method" they invest and trade, not the thing they trade on, and there are plenty like that.



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Hamphser
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May 14, 2022, 07:38:55 PM
 #116

With crypto you have to read almost everything available, because learning it is never enough,  you have to read alot of articles and also watch a lot of videos on YouTube. And you having free time now you should take alot of advantages of it.
Pinnacle of learning isnt really that possible considering that this market is never been predictable and totally in random on which it is really that hard to make yourself able to handle it out.

But if you do really make yourself learn then lots of resources which you could really able to search online which you dont really need any mentor or some paid courses.

You could actually make yourself able to learn if you are really that dedicative and this do really depends.

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sensimilia
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May 20, 2022, 02:55:44 PM
 #117

I have dismissed the proposal of a college for me to show the understudies the TA side of crypto. Yet, better believe it's truly worth learning as an afterthought you know, yet perhaps I will take it each day in turn. on the off chance that you are simply finding out about the nuts and bolts of digital money exchanging, you can observe a decent prologue to essential ideas like crucial and specialized investigation . This is an incredible spot to begin, yet it likewise includes a variety of different instructional exercises for fledglings.
If you try to figure it out for yourself, you can see for yourself that the responses that are needed are here, but you will understand very quickly.
But what is really here is that it is very important for you to try using all the strategies from here. In the end you can find here but you have to deepen the knowledge here too.  Must continue

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May 20, 2022, 06:50:52 PM
 #118

It's great if you are sure of this - it is definitely worthy of respect. At least it can help a lot of newbies.
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May 21, 2022, 02:26:52 PM
 #119

The good thing is to be consistent in learning because not everyone has that,
actually there are several platforms that we can use to learn to trade,
indeed most people are more interested in learning on youtube because it is presented in the form of videos and it is interesting
Too many videos will teach you how to trade but if it's about the strategy, not all of them will teach you their secrets. They might come to bait you that for more strategies and better ones, they'll give you a link to sign up that leads you to their trading group.
Like a pump and dump group for which they'll be sending signals, this is where the likely scam goes. They'll take your payments and membership fees for so-called signals.

I have always said something, no academy will teach you how to operate as it should be, they all focus on technical analysis and the correct use of indicators and tools that have platforms such as tradingview or similar, they focus on that, but I do not know any academy that indicates what phase of the market we are in and what is the most advisable, the reason for some movements of the whales, how to react to the fundamentals, the fundamentals of now such as war and covid-19 are affecting the world totally, and this has repercussions in the market, these things are things that should be taught first, but no academy does, I have seen the curricula of these academies and everything has to do with teaching technical analysis.

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May 21, 2022, 02:46:21 PM
 #120

I have always said something, no academy will teach you how to operate as it should be, they all focus on technical analysis and the correct use of indicators and tools that have platforms such as tradingview or similar, they focus on that, but I do not know any academy that indicates what phase of the market we are in and what is the most advisable, the reason for some movements of the whales, how to react to the fundamentals, the fundamentals of now such as war and covid-19 are affecting the world totally, and this has repercussions in the market, these things are things that should be taught first, but no academy does, I have seen the curricula of these academies and everything has to do with teaching technical analysis.

you are right, no community teaches the problem as you mention. I follow several groups that only share technical analysis. only gives the possibility that the market will move based on the tools they use.
Overall no one shares how we plan to deal with emerging issues in the world that might impact the crypto market.
which are mostly shared are just guesses, predictions that may or may not happen.

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