What is your advised for being a trader?

[Jonyshake71]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

[1714961538]

1714961538

[1714961538]

1714961538

[the rise]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

first I will look at positive news, if I have small money I will choose to trade with popular coins such as bitcoin, eth, and others, not like you said I will lose all my funds in a matter of seconds, it is very impossible in my opinion, unless you trade with the token that has just been launched, memetoken will be very possible, condition your finances first, if you are ready to lose or double your money in an instant, meme token is the best solution

[Assface16678]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Prepare yourself; trading is not an easy thing. If a weak-hearted person is trading, he or she will not survive. A trader should always be ready to lose money and, of course, have the mindset of recovering it next time he trades. Don't chase losses; it could be ugly if you keep on aiming to earn quickly. The most important thing is "knowledge." Even if you are already earning, trading is a very unpredictable thing, so the movement of the market is undefined. There will always be a new pattern, so your mind should always be ready for adoption, and you should be ready to learn new things in order to earn money next time you trade. Remember, even an experienced trader still faces losses, and so do you. There is no perfect trade in trading, so you should build your own. Trading will never be easy, and if it is, maybe you will attain a state wherein you can trade efficiently and profitably, but there's a long way to that.

[Stalker22]

~

Trading is definitely a gamble.  Like you said, in just seconds you might make bank or lose everything you put in.  I would not tell someone to start trading if they didnt really know what they were doing or had done it much before. 

That said, trying it out with a little bit of money while you learn could work.  That way you pick up the skills without huge risks and  personally, I needed a few years before I felt comfortable diving in full force.  Of course everyone goes at their own pace when getting the hang of this stuff. 

In the end proceed with caution.  Dip your toes in first and see how it feels before cannon-balling into the deep end.  You dont wanna find out too late that you sunk more than you can afford.

[Issa56]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

Anywhere there is money involved, there is always risk attached to it, so it’s not only trading, if you are planning to make money from trading, then you should be ready to take risk, but when taking risk, make sure you don’t take risk that’s beyond your limit, and when trading, you shouldn’t do that with all the amount you are having, because you can easily lose your money. Always trade with the amount you can afford to lose, in case if things go wrong, it’s not really going to affect you.

So it isn't recommend to trade if you don't know anything.

Why will you even start something you don’t know anything about? Then you are just trying to waste money, because the chances of you losing money are just kind of high. So before you start trading, always make sure you understand basic things about trading, and as a beginner, it’s advisable to trade with a small amount of money. The more you keep on understanding trading, the more you can keep on increasing your money.

[Hamza2424]

Hmm, I'll keep it simple and easy for you OP, I just would like to advice that it will be a tonic for your risk management, emotion management, and trade management whatever aspect you observe it will definitely work as a tonic. Be disciplined that's all.

One additional thing is to be confident choose one of them, and be a number trader or psychological trader. Whenever you try to mix them both while trading in your initial times you'll face bad consequences.

[South Park]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

You seem to be getting that phrase wrong, when people tell newbies traders to use a small amount of money to learn, they do not mean to just do that and try to figure out everything from scratch, what they mean is that once you have read several books about it and you have a tested strategy that you know it works, that is when you can begin to trade with a small amount of money, and this is because no matter how effective was your training with those books, you are still a newbie and you will make mistakes, but those mistakes have to be made so you can learn what it cannot be learned any other way and you can become a good and profitable trader.

[mirakal]

There are inevitable losses in trading so if you open a trade without good preparation, then the more that you’ll be susceptible to losses and failures. My advice is acquire knowledge first and gain experience trading in the market through using demo account. Beginners often lose while trading so it would be more suitable to trade in demo account first before you take risk using your real account in live trading.

Trading will only result in consistent losses if you know you don’t have confidence to trade because you’re still incapable to trade. But if you have good experiences in the market, then there’s nothing to worry about because you’ll eventually surpass your difficulties in trading.

[Distinctin]

Trading without prior knowledge on trading will most likely end up gambling. Once you enter trading and risk your funds, at least you should have gained reliable experiences in trading that will minimize your losses since you know already how to back up your trades when there are difficulties that appear instantly while trading. Trading is a battle of mind and skills, if you think you don’t have what it takes to be a responsible trader, then I suggest just settle on long term hodling than risking all your funds trading without certainty.

[passwordnow]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

With the latter, it is certainly going to make you lose a lot of money in split seconds when you're going to do a futures trade. That's why you need to be aware of being liquidated in just a few seconds when you are into it and that's why it's so much better not to go for it.

So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

I follow what I've learned and what I am applying when I trade. All of those that you've mentioned and combining all of them is going to make my life easier. That's why in trading, it's not all about how long you've been trading and how much capital that you have although in the long run it is going to make a huge difference if it's about the capital. You will get to understand that you need to keep that much capital for you to have that potential bigger return. It really plays a big role but when you start, you've already quoted what majority is going to tell a newbie trader and that is to learn and start small until you have some strategies already that you have understood that can make you win trades.

[sheenshane]

Trading without prior knowledge on trading will most likely end up gambling.

Seems like you entered a battlefield where you don't have a weapon, it's a suicide mission.

Here's my advice.

• Be knowledgeable
• Don't be greedy
• Use always a stop-loss
• Stick to the plan

Trading isn't always aiming to gain profit, sometimes you accept losses for you to learn such mistakes.

[FatFork]

When you start trading, it can feel kinda overwhelming trying to stay on top of everything going on in the market and figure out what moves to make.  It's easy for beginner traders to mess up and lose money if they don't know what they're doing.  Thats why it makes sense to practice first with a demo account so you can learn the ropes without worrying about losing your hard-earned cash. 

Demo accounts let you try out different trading strategies and get used to the platform you'll be using, but without any real money at stake.  It's like a practice run so you can gain some experience under your belt before diving into actual trading.  Going this route helps you avoid costly mistakes down the line when you transition over to trading real money and  once you feel like you got the hang of things and are trading profitably on a consistent basis in your demo, then you can feel confident about moving forward for real.

[GreatArkansas]

Trading without prior knowledge on trading will most likely end up gambling.

Seems like you entered a battlefield where you don't have a weapon, it's a suicide mission.

Here's my advice.

• Be knowledgeable
• Don't be greedy
• Use always a stop-loss
• Stick to the plan

Trading isn't always aiming to gain profit, sometimes you accept losses for you to learn such mistakes.

+1. I highly suggest this, especially the third and last one. Because it will help you to protect your capital.
This is consider as risk management especially using stop loss because this is a good thing to use so you will not lose more or get liquidated, it is also a good thing to do just incase your analysis went in to the opposite side.

[Text]

Trading is a journey that involves both successes and setbacks. By approaching it with a well-informed and disciplined mindset, you increase your chances of success over the long term.

How much are you comfortable losing on each trade? Stick to that limit religiously.
Are you aiming for short-term gains or long-term wealth building? This will influence your strategies.
Can you actively monitor the market, or do you need automated strategies?

There's no guaranteed formula for success in trading. It's a continuous learning process with its fair share of wins and losses. Focus on developing your skills, managing your risk, and staying disciplined.

Best of luck in your trading endeavors!

[lombok]

The most important and main thing is regarding your money management in placing positions. If you use too much margin, let alone trade using large leverage, make sure that your reserve funds are sufficient to cover losses as long as the market goes against our position.

In the case of spot trading Money management is also very important that we also have to apply this when purchasing coins. For example, using DCA in purchasing digital assets is also a form of money management, then purchasing several other digital assets in this portfolio is also money management.

[Xampeuu]

Trading without knowledge is the same as gambling, trading seems to be aimless and just guessing at market movements. On the other hand, luck will not come continuously, and of course people like this will find it difficult to survive in the world of trading. Unfortunately there are more people like this, so more traders experience defeat because they cannot survive market movements

[michellee]

Trading with small funds and continuing to learn can provide knowledge and lessons that you need to improve on. We cannot trade directly using large amounts of money because that will make us feel a total loss. It is better to use small funds while learning trading to improve his analytical skills.

If you can't learn to trade, you may be confused about when to trade. That is why a trader needs to learn to trade continuously. Moreover, market conditions are always changing so a trader is required to be able to improve his abilities.

And if you don't have a trade, you'll have a hard time knowing when to enter and exit the market. That will make it difficult for you to make a profit. To learn to trade, you can use a demo trading account. It will help you to understand the lesson you are studying.

[Awaklara]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

What do you want to know more? you know the risks of trading and you also know the analysis for trading.
If you master it then what is lacking is trying what you master. If you still lack confidence, you don't need to be embarrassed to use small money to start with. Feel how you trade on a real account, not a demo account.
Perhaps the first difficulty is determining the right asset for your trading. but when you do it a few times, you may get used to it.

[Kelward]

Trading without prior knowledge on trading will most likely end up gambling. Once you enter trading and risk your funds, at least you should have gained reliable experiences in trading that will minimize your losses since you know already how to back up your trades when there are difficulties that appear instantly while trading. Trading is a battle of mind and skills, if you think you don’t have what it takes to be a responsible trader, then I suggest just settle on long term hodling than risking all your funds trading without certainty.

It's true that trading requires adequate knowledge on how it's done, otherwise it becomes gambling, so knowledge and gradually building experience when trading is the key to being profitable and minimizing loses in crypto trading. Diligently learning the fundamental and technical analysis is key and starting by trading the amount that you can afford to loose is very important, because loses are bound to happen, and that is the risk that is involved. So there is no need to rush into crypto trading, and as you said if someone doesn't have what it takes to be a responsible trader, then it's best to settle for long term holding, which is also profitable in the long run.

[Yamane_Keto]

These steps can be good:

• Read about trading and learn the basics.
• Read about Technical Analysis and how to draw charts.
• Create an account in TradingView and use demo account option
• Apply the theories you've learned using the demo account
• Invest a small amount to experience emotional control.
• Increase the amount by 20% every few days.
• Learn how to control your emotions and how to turn loss into profit.

Investing with a small amount is step number 5 and is not the first one.

[Negotiation]

A first you need to learn to trade and if you can't manage the trade properly then you will lose. Next, experience is needed because experience is the most important factor for a trader.
If you don't speak well yet you will never get good feedback here. In order to master thoroughly, you first need to develop good relationships with experienced people and associate with those who are related to Trade. And besides identifying adverse problems and trying to solve them, you can be known as a good test.

[Mr. Magkaisa]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

       -   I agree with what you said—that trading in cryptocurrency is really risky. But if you know how to be careful or avoid it, you can overcome this risk for sure. Now, what you say is that you don't seem to agree with the newbie who should immediately jump into trading while just starting to learn it; even if it's just a small amount, the capital will be used up for sure.

I think that's fine, because it's only a small amount, because in every mistake they say we learn a lot from it, which is right. If we don't make mistakes, how can we learn?

[Natsuu]

Well before diving into a trade, make sure to check the charts (technical analysis), keep an eye on the news, and have a basic understanding of what's happening in the market. Also, don't forget to set limits on how much you're willing to risk because it helps avoid big losses

[boyptc]

Take into consideration your starting capital when you trade. The reality of trading is the higher the capital you'll have, the "chance" of earning quite high is also there so it's like an equal proportion to the capital you start with.

But small time traders can also grow their funds but it is going to take time. Don't get fooled by the successful traders that you can also be like them without going through hardships.

You take your own path and just look on your own progress.

[EarnOnVictor]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

You will make a huge mistake if you keep the mentality of having a huge amount of money before you can trade in your head. I can assure you that you will lose the money and will keep regretting it if you are not experienced in the market. Even experienced traders are still facing the challenges of how to preserve their trading accounts not to mention the novices in the market. What is good at the beginning is for you to find a way to learn the market, and if you can learn and train until you are well-experienced, you can then proceed with the live account. Mind you, the first training has to do with the demo account only, unless you want to just be wasting your money due to arrogance.

Again, if you are depositing your money at first or even the second and the third time (because it is almost sure that you will continue to lose), you should endeavour to deposit a small amount of money for your financial safety because it is most likely you will continue to lose money no matter how best you could think of your trading skills. You should continue that way and build improved trading psychology along the line, and if you truly have a working trading system, this might go a long way in helping you further. Until then, you should keep to the little deposit attitude to save yourself, and make sure you shun greed and be very disciplined in what you do.

About the trading strategies, I advise you to learn both technical and fundamental styles of trading but major in technical analysis. It will help you so much than you can ever imagine if you are good at it. I also like you to learn price action and support and resistance strategies together and combine them to filter them for better signal generation.

[God bless u]

As a trader, we all want to make a trade in which we minimize the loss,
so we need a training first, we must have a teacher for this trading so that we can learn from it. Make no mistake, if we first get it right and understand it,
then we invest all the money we have, and then we can profit from it, but if If we try to enter it without understanding it, then we will find nothing but loss,
that is, the money we have in our hands will also go before we get in rich i.e. in our hands.

[huu78]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

[Hamphser]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

When you do start on becoming a trader then it would really be just that right or normal that you would really be able to suffer some losses or lets say you would really be that having those losses on which it is really that inevitable. It would really be just that normal that you would really be able to encounter those things considering that its never been that simple due to unpredictability of the market.
Since we are really just noobs then it would really be just that so normal that you would really be having those kind of mistakes but eventually you would really be able to make yourself that
learn along the way and this is something that you would really be needing for you to have those kind of learning because not all things that you could read up would really
be making you aware on whats trading but rather there are things which you could learn through actual trading.

[Nrcewker]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is no doubt risky, but not impossible to do. If you have the determination, then definitely you can make good profits from trading. If you ask me about tips, then it will be best if you try trading with demo account and balance first. See how the market reacts on various occasions and get acquainted with it. Once you are confident, trade with real money with proper stop loss. It’s alright to make losses during the initial stages. People learn from their mistakes only and do the better.

[shawonngp]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Nothing you can find where only you can earn money without losses a penny it's unrealistic. No doubt you must be learn about trading before start trading, Now a lot of opportunity to learn trade, On youtube and other social media platform so many influencers sharing their thoughts and strategies and paid video tutorials.
New traders shouldn't start trading with big funds because high risk to lose all of money in a minute.

[poodle63]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

doesn't necessarily true considering that people will small capital wouldn't even have the gist of holding so many coin and the market become worst of the worst thats where the emotion are gonna be exhausted heavily and also its quite different feeling compared with small capital since with small capital if worst comes to worst you at best can just rub it off because its just small capital you can just earn it from salary or something but with big capital like entire saving there's definitely feeling of regret as to why you might make some bad decision and why you even try to execute that bad decision like basically making decision because you're angry you've been losing and so on.

[kojektea]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

I think the market is very difficult to understand using small capital just to learn, because if we lose the money it is commensurate with the experience we gain, I have known crypto from 2017 until now I don't understand the market completely, but from my experience, I am able to consider when I will take a position in a trade

[Viscore]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is probably more on losses than wins for beginners that's why newbies are not advised to trade, but they can trade using their demo account which does not involves real funds.

However, having a good preparation before entering a trade gives more advantage than resorting into trading just because of high greed. Before you trade, do your own diligence to research first, learn to analyze the market well, and as much as possible, learn all the basics when it comes to fundamental and technical analysis, and even on-chain analysis that will help traders to better predict market moves and gauge market sentiments.

[ShowOff]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

Of course, but only if you gamble under the pretext of trading. I mean you will lose all your budget in trading if you trade with high leverage where the price volatility can trigger margin calls. Spot trading is different, you will still have your coins even if the price fluctuates or dump 100%.

So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Please trade if you can truly understand how it works. Analytical skills are something that can help you survive longer in trading, but greed will only make you fall faster. Trading won't make you rich overnight, so avoid that mindset and do something make sense and realistic.

Remember, expertise will only help you in making decisions, but will not determine whether you will profit forever or lose a few percent of your budget. One more thing, avoid futures trading with high leverage, it's the same as suicide.

[Johnyz]

I think using small capital will make the trader's mentality trained and then use large capital.
Not all traders can easily understand market conditions, it takes quite a long time.

I think the market is very difficult to understand using small capital just to learn, because if we lose the money it is commensurate with the experience we gain, I have known crypto from 2017 until now I don't understand the market completely, but from my experience, I am able to consider when I will take a position in a trade

You don’t need to have a huge capital just to learn how the market works, you just need to start doing it the right way and you can be good. Continue to learn, get a reliable sources and continue to learn how to trade consistently. Learning is not easy, and yes it may took years before you actually understand it, now after 7 years and you still don’t understand the market completely then I think something is wrong about your approach better to assess it now so you wont waste another years.

[kawetsriyanto]

~ it isn't recommend to trade if you don't know anything.

If you don't know anything, how can you trade the crypto coins? 
It is impossible for someone to trade crypto coins if he has no knowledge.
What we know in the reality that there are many people with lack of knowledge to try trading. This is a very careless way, people who has lack of knowledge must focus to learn first and it is better to trade with demo trading.

~ I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more.

What is wrong to trade with small funds?
If you are a beginner, it is better to focus on learning and get experiences. When you use small funds, it won't really hurt you if you get losses. But if you use big funds, it probably brings a problem with your financial. Before using big funds, surely a trader must understand how to trade properly. At least, a trader understands how to do the fundamental and technical analysis.

[lienfaye]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything.

This is true. If you trade but not knowing what you are getting into is more like gambling. Because you don't know anything and just want to trade because of the potential profit. In trading, knowledge is crucial, therefore that's the first thing that a traders should be aware of before risking their money.

But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Using a small fund is not bad if you're just a beginner. But if you keep losing when you trade, it just shows that there's something wrong with your strategy. If we lose our capital, that's how we will realize the mistakes that we did and will learn to improve. So the next time, it won't happen again. If you didn't learn anything from your previous experiences then maybe trading is not suitable for you.

[Strongkored]

But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly.

If you don't agree with this then what method do you use to study? Is it a demo account? because in my opinion trading with small funds to continue learning is much better than a demo account which will not give you any pressure at all so mistakes will not make you want to evaluate. If you continue to lose money using small funds, it means that your trading skills are not yet good, so it is not the funds that are the problem, but the lack of knowledge.

So What things do you follow and advice before open a trade?

Stick with the target that has been set, even though we see there is an opportunity to get bigger profits, don't change the target because there is also the opportunity to lose because market conditions are changing rapidly

[GeorgeJohn]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

we all know that investment in all cryptocurrency especially trading all of them is a risk so whenever you are trying to invest or trying to trade you should monitor the market to know what the market is all about because if you fail to monitor the market it will land you to lose whatever thing that you have that is why they say that you should trade with what you can afford to lose so if you know that you cannot afford to lose it you better not read with a big capital to avoid depression

[sulendra12]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

So you want to actually lose big amount of money? I'd always recommend to start your journey with small funds first so you can have a good grasp about what to do and what to not to do. If you don't like about using your money then what you have to do then? You won't get anywhere if you just read the theories without doing it in real trading, demo trading doesn't give you shit because it's just a demo and it doesn't really reflect current market especially about how you dealing with them in terms of emotions and reading the market.

There is no such thing as no losses in crypto trading, people starts from somewhere including me. Losing your funds sometimes could be beneficial for you because you can learn from those mistakes.

[Finestream]

There’s no easy money in trading knowing you are at high risk of losing than winning most particularly for beginner traders as they are not supposed to jump into trading just to satisfy their greed and high emotions. It takes even years before you can say you can be a good and reliable trader, hence acquiring knowledge and enhancing skills and strategies should be given topmost priority before you take risk in trading. And with the experiences learned from those early traders, we can always try to trade using demo account at first so we will be exposed as to how live trading scenario is taking place.

[milewilda]

There’s no easy money in trading knowing you are at high risk of losing than winning most particularly for beginner traders as they are not supposed to jump into trading just to satisfy their greed and high emotions. It takes even years before you can say you can be a good and reliable trader, hence acquiring knowledge and enhancing skills and strategies should be given topmost priority before you take risk in trading. And with the experiences learned from those early traders, we can always try to trade using demo account at first so we will be exposed as to how live trading scenario is taking place.

One of the most common wrong perception into those people who had been planning on trying out to touch up trading field is that they do really believe that trading is really just that an easy thing without even trying out to realize that it was never been that easy. It is really just that there are people who are really that mindful when it comes to things when its already been that experienced. Its not a simple path to take and its never been
that too easy for you to have grasps out of it. It is really just that takes a matter of time before you could really be able to take some grasps on everything and this is why it would be important
that you should really know on what you should really gonna do realistically.

Dont make yourself that be having that boost up when it comes to things because once you do get that kind of self confidence then this is where mistakes would really came from.
This is why it would really be always best that you should really be that realistic on the things that you are tending to deal with. Dont rush up on making money
or simply being that greedy yet this one is never been that recommendable.

[michellee]

There’s no easy money in trading knowing you are at high risk of losing than winning most particularly for beginner traders as they are not supposed to jump into trading just to satisfy their greed and high emotions. It takes even years before you can say you can be a good and reliable trader, hence acquiring knowledge and enhancing skills and strategies should be given topmost priority before you take risk in trading. And with the experiences learned from those early traders, we can always try to trade using demo account at first so we will be exposed as to how live trading scenario is taking place.

Without wanting to learn more about trading, a person will not be able to get the profits he hopes for. They are at high risk of experiencing losses because they do not know when to enter the market. That is why novice traders must learn more to trade well.

Becoming a reliable trader requires high skills, ability to analyze, and knowing when they can trade. Apart from studying, they can practice their lessons through a demo account to better understand how to trade. They should not give up if they cannot make a profit because they are still new to trading.

By continuing to learn and practice through actual trading, they will have useful experience. And when they trade, they will start to make a profit. The important thing is that they still want to learn more and don't give up before getting what they want.

[Alpha Marine]

Trading is a risk and you have to manage it carefully. Trading is a skill and for you to be good at a skill you need to learn and keep learning. First, learn before you start and when you start, start small. It's normal for you to lose money, even experienced traders still lose money, that's why to be, I believe you should start small and gain more experience.
Also, you don't need to be a trader. If you don't like traders then don't go into it. Any skill you want to go into you should have an interest in it, not just because you want to make money out of it.

Demo accounts let you try out different trading strategies and get used to the platform you'll be using, but without any real money at stake.  It's like a practice run so you can gain some experience under your belt before diving into actual trading.  Going this route helps you avoid costly mistakes down the line when you transition over to trading real money and  once you feel like you got the hang of things and are trading profitably on a consistent basis in your demo, then you can feel confident about moving forward for real.

Demo accounts are very good for beginners. Not only does it help you gain experience in trading but it also helps understand the platform but that is not a guarantee that one can't lose money after using demo accounts. That's why it's always advisable not to go above our means.

[Lanatsa]

Trading is a risk and you have to manage it carefully. Trading is a skill and for you to be good at a skill you need to learn and keep learning. First, learn before you start and when you start, start small. It's normal for you to lose money, even experienced traders still lose money, that's why to be, I believe you should start small and gain more experience.
Also, you don't need to be a trader. If you don't like traders then don't go into it. Any skill you want to go into you should have an interest in it, not just because you want to make money out of it.

Demo accounts let you try out different trading strategies and get used to the platform you'll be using, but without any real money at stake.  It's like a practice run so you can gain some experience under your belt before diving into actual trading.  Going this route helps you avoid costly mistakes down the line when you transition over to trading real money and  once you feel like you got the hang of things and are trading profitably on a consistent basis in your demo, then you can feel confident about moving forward for real.

Demo accounts are very good for beginners. Not only does it help you gain experience in trading but it also helps understand the platform but that is not a guarantee that one can't lose money after using demo accounts. That's why it's always advisable not to go above our means.

If you are a complete noob then having that Demo trading would really be that recommended i should say on which you would really be able to make yourself that at least be wary
when it comes to technical aspect on which this is something that would really be that helpful if we do speak about learning with the basics. It would really be that recommended that you should really be
at least making yourself wary about those things before you would really be planning to go live or make use of real balance or money. Other learnings or things could really be acquired through
real experience on which you would really be needing to deal up with it completely.

Advised of being a trader? You should really be needing yourself to be that versatile and should really be needed to make those kind of adjustments
on which it would really be that much crucial if you are really that mindful about on the steps that you are making.

[Cryptmuster]

One of the most common wrong perception into those people who had been planning on trying out to touch up trading field is that they do really believe that trading is really just that an easy thing without even trying out to realize that it was never been that easy. It is really just that there are people who are really that mindful when it comes to things when its already been that experienced. Its not a simple path to take and its never been
that too easy for you to have grasps out of it. It is really just that takes a matter of time before you could really be able to take some grasps on everything and this is why it would be important
that you should really know on what you should really gonna do realistically.

Dont make yourself that be having that boost up when it comes to things because once you do get that kind of self confidence then this is where mistakes would really came from.
This is why it would really be always best that you should really be that realistic on the things that you are tending to deal with. Dont rush up on making money
or simply being that greedy yet this one is never been that recommendable.

I think good advice for those newbeis is not to rush to start trading with a large deposit, because most likely it will be lost, and even perhaps the first few deposits will be lost. Therefore, the first money in trading can be regarded as a means for practice, for gaining experience that will be useful to you in the future. Of course, this does not guarantee that you will start making money later if you lose your first trading funds, but it will give you a chance to learn something. But if you don’t see progress, then it means you need to change something, or trading is not for you.

[TookDk]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

The first thing you have to realize is that trading is not easy money, in fact, the opposite.
Trading is one of the most hard ways to make money (alt least in the first 2-3 years).
Trading is also one of the few businesses where you can work very hard every day all day for a month and end up loosing money, in any kind of payroll job would that never happen.

When that is said. Surprisingly is technical and fundamental analysis not that important (forget about the news). You can get quite far with a few very simple concepts.
Focus on RISK MANEGMENT and the psychological aspects.

Before even thinking about using real capital read Trading in the zone by Mark Douglas - and take it from there.

Did I mention risk mangement? Risk mangement.
I think its worth to mention it one more time: Risk mangement.

[Nheer]

So it isn't recommend to trade if you don't know anything.

It is not recommended to trade if you don’t know anything unless you have no use for your money and just want to lose them.

Trading without knowing anything about it will drain you dry that’s why it is not recommended for beginners or anyone who lacks knowledge about it to engage in trading. Learning and understanding the foundations of trading takes a lot of time and skills, and the risk is too great. Engaging in something you know nothing about is a careless act especially something that requires you to invest money, it only means you are willing to lose your money. Even Experts that are skilled and knowledgeable about trading trade cautiously because of the underlying risk involved in it, even with knowledge nothing is guaranteed but knowledge helps to keep the risk minimal.

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

Very risky that even experts does not encourage people to engage in it without having any knowledge about it. When trading is being mentioned what comes to people’s mind is risk and as such only people who have the courage to take risk engage in trading, they are ready for whatever challenges it throws at them so whoever wants to trade should be able to take risk and not expect to make profit everytime he trades. You should always trade an amount you can afford to lose, don’t ever borrow money to trade and always take reasonable risks within your limit.

[BabyBandit]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Reading Reading Reading Reading. And dare to loss, if you are to afraid to loss, you wont take a risk and will never get a reward but don't do it without research. Try to be quick on tokens you want to trade with, read and find them before others, and don't be greedy, when you are on good profit, don't be afraid to sell a part of it so you are on profit and you can still keep a part of it if you feel to. And don't put low amounts in to many tokens, it's a stupid idea, I.E: If you put $50 on 5 tokens ($10 on each token) to get a reward they all should get on profit, if two "dies" and one goes +/- zero and two goes good, you won't be on a good profit and it's just wasting your time! and to many things in the basket more to ​keep track of, this was my biggest mistake in the beginning, do a research go with 1,2 max 3 on a day and then change and change and do it all over again.
Many fail because of greed, be wise. and knowledge is king. read and do research all the time. These days we can find out so much so fast with today's technology. And listen to others is not wrong, but don't take anything that someone say for granted, you can add it with your own research and it can be a good combo. Also if you gonna be a day trader, trade with coins on the same network for instant swap's and low fee's it will help you a lot.

Good luck in the jungle mate.  

[beerlover]

Demo accounts let you try out different trading strategies and get used to the platform you'll be using, but without any real money at stake.  It's like a practice run so you can gain some experience under your belt before diving into actual trading.  Going this route helps you avoid costly mistakes down the line when you transition over to trading real money and  once you feel like you got the hang of things and are trading profitably on a consistent basis in your demo, then you can feel confident about moving forward for real.

Demo accounts are very good for beginners. Not only does it help you gain experience in trading but it also helps understand the platform but that is not a guarantee that one can't lose money after using demo accounts. That's why it's always advisable not to go above our means.

Demo accounts are definitely what newbies should use, it allows them to be a lot better and could be considered a big deal, I understand that not everyone does anything like that, because they want to get into the real thing as quickly as possible, but testing out what you learned in a demo account could give you so much, it would be quite good for you in the end.

I understand that it's tough to be like that, and I understand that it is not easy to manage something that big, but that shouldn't really be something that we could care about all that much, we should consider the situation to be a lot more important to do demo, it gives them some understanding of the market. I think it should be something that would get better in the end.

[synchronym]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

op I agree with you because if we don't have enough knowledge about trading then we won't get much success in trading. If one of us trades in the wrong place then we can lose all our money so in this case we should always trade carefully so that we do not lose our precious money. In trading we should always check the market before trading.

[kotajikikox]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

If you don't believe in the saying about small funds starting to keep learning ? but that is what must be because if you started with High capital then it will ends you not learning to handle small [profit and you will keep seeking higher and higher income.
Just try not to be greedy mate , that is the only thing that we  need to use here or else we will never be a gainer all our time here.

[irhact]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

You can't lose all your money in just seconds if you know how to trade and use stop loss. Stop loss prevent you from losing more than you'll set on your account. If you bought Bitcoin at $45,000 and set a stop loss at $40,000, you can only lose $5000 for that trade if the market dumps to $35,000 due to the stop loss that you set at $40,000 and that's why stop loss is very important when trading and also learning how to trade is important as you'll get taught this when learning.

Some individuals didn't learn how to trade therefore they don't know how to use stop loss or manage their money properly. They're just trading like they're gambling and that's why they'll keep losing their money. My advice for those individuals that want to become traders is for them to learn how to trade very well before they start trading so they don't lose everything they had in their account as they don't know risk management.

[Volimack]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Before trading you have to understand the market positions if you trade in the right coin then there is no possibility of losing funds quickly. Another thing is to start with a small amount in the beginning of the trade if there is a loss, go over a small amount and with this you will be able to know and learn better about the coins of the market. If you don't know anything about the trade the risk is high if you do it with a large amount.

[Rockstarguy]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

As a beginner that is still learning about trading I don't think it is advisable to start trading with huge sum of amount, trading is all about learning and experience. Starting trading with small amounts of money will give one a good knowledge how to handle a huge sum of money in trading. Another thing you also need to consider in trading is that trading with a huge sum of money is not a guarantee to make better profit, the most important thing is to trade with the amount that you can afford to lose.

As a trader it is advisable one needs to understand trading very well, because rushing to make money from trading fast  can end one be at lose at the end. Learning trading and having a proper knowledge of trading helps in trading alot , trading is not something that can be done with a shallow understanding but requires a good understanding to handle it.

[sujonali1819]

It's a common question. It's better to use the search function and read already existing topics about trading if you really need help. There are a lot of topics about trading you will find.

A few days ago I commented somewhere about it. I am just qouting here to read. Hopefully, it will be helpful for you.

1. Learn and gather more knowledge about crypto.
2. Set a budget for trading.
3. Always start from lower investment
4. Always try to divide your investment into several parts. Don't invest all in one
5. You should also focus on Risk management strategy.
6. Stay updated with the crypto news
7. Control emotion during trading.
8. Learn about technical analysis
9. Always think about long-term investment.
10. Don't panic, don't be greedy, and always try to exit the trade at the right time.

[Uruhara]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

As you know, a trader needs to understand various types of analysis such as technical and fundamental. But what is more important is that a beginner must first know the risks involved in crypto. Because crypto trading clearly has very large risks and is accompanied by equally large potential.

So if you are not ready for the risks then it is better not to enter crypto trading. After knowing the basic things about crypto and the basic things in crypto analysis, you still need to practice trading. Because a trader still has to build experience to strengthen his mentality and understand the market. Sentimental analysis can even be understood if we already understand the market and have more experience that we can use as a lesson. Apart from that, traders must also understand Money Management and so on. To avoid big losses and control the financial limits we can use in high risk trading.

[Zoomic]

Trading is not for the faint hearted. It is obviously not for everyone,  only those who are prepared to take risks can survive in the industry. One of the worst mistakes any investor can make is jumping into a project you have no full knowledge about, same applies to cryptocurrency traders. Most traders will easily jump into a market they have no clue about, this is a wrong move. Before you trade, you study your market to know what's obtainable. It is also because of these poor understanding of what cryptocurrency is all about that makes many believe they can trade excessively to prevent losses. Buying and selling frequently does not only limit their loss (as they claim), it limits even the profits.
Trading is all about having the right knowledge and when or where to apply them. Nothing good comes easily.

[tvplus006]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. ... So What things do you follow and advice before open a trade?

The most correct advice would be this: If there is such an opportunity not to trade, then it is better to refrain from trading. But we didn't come here not to trade) Therefore, when trading, stick to risk management and be sure to put a stop loss. This will help to save part of the deposit.

[RockBell]

Trading is not for the faint hearted. It is obviously not for everyone,  only those who are prepared to take risks can survive in the industry. One of the worst mistakes any investor can make is jumping into a project you have no full knowledge about, same applies to cryptocurrency traders. Most traders will easily jump into a market they have no clue about, this is a wrong move. Before you trade, you study your market to know what's obtainable. It is also because of these poor understanding of what cryptocurrency is all about that makes many believe they can trade excessively to prevent losses. Buying and selling frequently does not only limit their loss (as they claim), it limits even the profits.
Trading is all about having the right knowledge and when or where to apply them. Nothing good comes easily.

Trading involves a lot of mental work and you must be ready to pay attention to it when ever you are trading because i learn from other traders so as just to improve my self in trading and its is clearly not for everyone because you see a lot of people having interest to trade but are not metal prepare to start trading because if you are not mentally prepared you will face a lot of challenges and you might not be able to survive it. but if you ready to learn and then you are prepared for the worst because losing money, you can not escape that. and people are jumping into projects and are not ready to put in their best into it because aside trading anything finance needs understanding and many more. and we should always advice people that are just about to start trading. and trading their must be an understanding of the market having skill to understand the market by doing analysis. and with all this it will make everything soft and even when you face troubles you wont feel it that much because the knowledge that have already been required.

[ndutndut]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

If you know Traders have risks. So the advice seems to be that failure is the best lesson and continuing to be willing to learn is also important in trading. even though you already know how to guess market direction and you have mastered 50% of your trading knowledge. However, your emotions and patience alone are not enough to achieve consistency in trading, so mentality is the key.

Therefore it is important for you to look for news, history, analysis and fundamentals so that you know more about the probabilities. How much is the loss, how much is the profit all refers to the data above, and when the momentum arrives, we don't need to hesitate anymore because there is already a data reference. Become a profitable trader and be on the right track that is not only money oriented.

[Maslate]

Trading is not a piece of cake so you have to make sure that when you trade, you have gained already the necessary knowledge and skills that will make a trader successful and profitable. I’m not only talking about fundamental or technical analysis, but trading also needs the right mindset and attitude so that when trading goes out of plan, a trader will never put an end to his trading career but will continue to motivate himself more to learn.

Also, don’t trade if you’re not ready to lose. No matter how good or experienced you are in trading, there are still inevitable losses that you can’t avoid. So trade and be ready to lose, that’s the only way you’ll stay trading for long.

[Vaculin]

There’s always a lot of considerations before one should decide to trade. Aside from learning all the fundamentals and the technicalities in trading, it’s also important that you should learn to trade based on your trading plan. Set your trading plan first before you risk in trading, and always risk on what you can only afford. With that, you will never suffer from too much consequences when trading.

While fundamentals and technical analysis are important, it’s also crucial that you start trading once you gained prior skills, that is learning trading first without using real funds.

[Bushdark]

Trading is not a piece of cake so you have to make sure that when you trade, you have gained already the necessary knowledge and skills that will make a trader successful and profitable. I’m not only talking about fundamental or technical analysis, but trading also needs the right mindset and attitude so that when trading goes out of plan, a trader will never put an end to his trading career but will continue to motivate himself more to learn.

Also, don’t trade if you’re not ready to lose. No matter how good or experienced you are in trading, there are still inevitable losses that you can’t avoid. So trade and be ready to lose, that’s the only way you’ll stay trading for long.

Trading is very hard and harder than what we could ever think. Making money in the cryptocurrency market is very hard so we need to work very hard for us to reach that level that we will be able to utilize and make provisions for ourselves.
There is risk in the market so we need to know what we are doing so that we need take too much risks that would affect us losing more than we have earned in the market. Being a trader could be easy to talk but very difficult I'm reality.

[Baki202]

There’s always a lot of considerations before one should decide to trade. Aside from learning all the fundamentals and the technicalities in trading, it’s also important that you should learn to trade based on your trading plan. Set your trading plan first before you risk in trading, and always risk on what you can only afford. With that, you will never suffer from too much consequences when trading.

While fundamentals and technical analysis are important, it’s also crucial that you start trading once you gained prior skills, that is learning trading first without using real funds.

trading is another profession on its own and their is more to understand before going into it and see a lot of trading academics now i dont think it is also a bad idea for does of us that are interested in trading and have heard from people that have registered for does academy and it does not look bad at all because he said they even plan on teaching them how to reduce risk while trading. and been that its a school you will learn a lot of things from a lot of people and talking about trading planning is one good initiative and as a trader you have to create means that will make trading easy and risk free.

[boty]

trading is another profession on its own and their is more to understand before going into it and see a lot of trading academics now i dont think it is also a bad idea for does of us that are interested in trading and have heard from people that have registered for does academy and it does not look bad at all because he said they even plan on teaching them how to reduce risk while trading. and been that its a school you will learn a lot of things from a lot of people and talking about trading planning is one good initiative and as a trader you have to create means that will make trading easy and risk free.

Of course they must first understand it well before they decide to trade. Indeed, everyone will be interested in trading if they have heard about trading from academics, but what they have understood from their school has they ever tried it and got the appropriate results. with the knowledge they have and if what they say is only their understanding from school and do not have experience about the trading they do. In my opinion, it is not easy not to have risks in the trading we do, of course there are risks that we have to face if we make mistakes in trading.

[AicecreaME]

If you're a beginner, always know your limits.

Only use small amount per trade if you're not yet comfortable with your skills, to avoid bigger losses in the long run while you're still learning. Know your limits in trading per day, don't ever chase your losses thinking that you can't gain back what you lose in a certain day. Take a break, don't push yourself to take in all the trading information or knowledge you should know in a very short period of time, patient is always the key.

[Kelvinid]

I'm not sure if this will make your trading journey successful but this is what I did;

 - I'd focus first on knowing what trading is all about, I'd rather just forget how to earn a profit but try multiple strategies in order to find out what is best and what will work for me.

 - I'd give time to develop my trading skills and analytic capability, and I don't rush.

 - lastly, I accept advice from others and gain ideas from their teaching.

I know it won't work easily but if we want to become a successful trader, then we must have to do it step by step until we get the right trick.

[ancafe]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

For beginners it is recommended to study first before trading directly because trading is not easy to do because there are times when we will lose so we need to prepare ourselves to face it. Learn analysis, technical and other things related to trading so that when people want to get involved in it they better understand what needs to be done. Trading has a large level of risk and usually this risk can be psychologically disturbed so people need to minimize the resulting risk.

It's no problem to be involved in small funds for the first time, but we have to understand how to invest first, because apart from knowledge, experience is also needed so that someone can handle the risk of losing. Experience will make it much easier for someone to draw conclusions, but it must be combined with knowledge too.

[G_Besar]

Trading is very hard and harder than what we could ever think. Making money in the cryptocurrency market is very hard so we need to work very hard for us to reach that level that we will be able to utilize and make provisions for ourselves.
There is risk in the market so we need to know what we are doing so that we need take too much risks that would affect us losing more than we have earned in the market. Being a trader could be easy to talk but very difficult I'm reality.

When a trader is well aware that trading in the crypto market is full of risks that he must bear himself, he should make any preparations before trading any crypto currency in the market. Examples include being able to withstand losses if one has not yet made a profit or is still unlucky with one's trading and also having to provide reserve funds for one's life so that one does not immediately experience stress if one experiences large losses through one's trading. Although all traders before starting any trading have first prepared their own mental and knowledge.

[ShowOff]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

For beginners it is recommended to study first before trading directly because trading is not easy to do because there are times when we will lose so we need to prepare ourselves to face it. Learn analysis, technical and other things related to trading so that when people want to get involved in it they better understand what needs to be done. Trading has a large level of risk and usually this risk can be psychologically disturbed so people need to minimize the resulting risk.

It's no problem to be involved in small funds for the first time, but we have to understand how to invest first, because apart from knowledge, experience is also needed so that someone can handle the risk of losing. Experience will make it much easier for someone to draw conclusions, but it must be combined with knowledge too.

All of us are beginners in the early days of trading, so it is our duty to study and learn so that our trading plan runs smoothly. Each trader's risk tolerance is different, so it is not surprising that sometimes they have to accept large losses without reserve funds.

You are right, analysis is needed before starting trading. Strategy will help traders obtain satisfactory results, so everything is covered from starting to learn, improving trading skills, and maintaining psychology. Trading skills certainly vary, so this will determine how successful they are at trading.

[snowpega]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Dear your whole statement is not so accurate because there are kinds of trading like feature trading or spot trading. Feature trading has high risk if you trade in it while trading in the spot has less risk to your funds because you can hold it until you get a profit from it and it is all upto you like you long period you want to hold it means losing of funds less but it also has the risk to your funds but not as you aforementioned lost in seconds haha.

So keep in mind that there are kinds of trading before giving statements although trading also needs good TA, FA , and good research about the project you are investing in. Many Thanks

[Inwestour]

All of us are beginners in the early days of trading, so it is our duty to study and learn so that our trading plan runs smoothly. Each trader's risk tolerance is different, so it is not surprising that sometimes they have to accept large losses without reserve funds.

You are right, analysis is needed before starting trading. Strategy will help traders obtain satisfactory results, so everything is covered from starting to learn, improving trading skills, and maintaining psychology. Trading skills certainly vary, so this will determine how successful they are at trading.

Now, in addition to educational materials and very good books on trading, there are also many educational videos where you can watch how traders trade. For a beginner, not everything may be clear in the textbook, but everything will be easier to understand in the video.

You can find some good channels on YouTube and follow and learn from them. And gradually you need to strive to develop your own trading strategy. Maybe this is not the best advice and someone likes to learn everything themselves, this is probably also possible, but it will only take much more time, than with someone else’s help.

[irhact]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Don't open a trade that you don't know when you're going to close the trade, an individually that pick interest in a trade need to know the entry price of that trade and the preferred exit price before he start trading. As you're trading you can adjust your exit price depending on how you see the market but always have a price in mind before you start trading so you don't start having second thoughts when you want to exist the market as you didn't have a plan before starting to trade.

Before you start trading, have a profit target in your mind, the trade mightn't go as you planned but it's good to always have a plan first before doing anything. As you plan your trades properly you can keep accounts properly and learn from the mistakes you made in the trade when you don't get the results you had in mind. A trader needs to be disciplined and well focused to avoid distractions all over the market.

[AnonBitCoiner]

It does not matter that you are using less or big sum of money because if you don't know a word about trading then you will loss this little sum and with the passage of time you will loss all money because those who work emotionally trade again again in order to get money without Understanding the need of learning. On the other hand those who invest large sum at once will loss all amount at once therefore both with less or big sum will loss their amount because of unawareness so I think the main thing which matters a lot is knowledge, Understanding and learning.

Always choose wisely because every coins give your profit according to your taste therefore if you choose to coins and have the idea about the timing of buying and selling then in little time you will earn more money but if you choose any useless coins then the risk will be higher.

[|MINER|]

Yes your words are right technical, fundamental analysis should be known, news should be checked but I don't agree with some of your words. Like starting trading with small funds you have to face losses.  We are very sorry to hear that you have faced losses but I would say that your trading skills are lacking.  And trading is very risky in the beginning for beginners, so always trade with little capital in the beginning.  So that the loss is less.

[AakZaki]

I think everyone here has given a lot of advice on what to do to become a trader. It is not easy to become a professional trader, there are many stages that need to be done, one of which is studying technical and fundamental analysis trading knowledge, it is still quite basic because there is still a lot to know. The most important thing is how to manage trading emotions because no matter how good the trading techniques and strategies used are, they will not be useful when the trading mentality is down. It takes a lot of practice and experience to form a strong trading mentality.

[Fivestar4everMVP]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading indeed can be risky just as you have said it is, but on the other hand, it can be the sweetest and easiest way to make money if you know or can find your way around it.
Trading isn't something any one can just wake up one morning and engage him or her self in and expect to come out profitable, one must take time to properly learn how to trade, for trading is like a burning fire, if you jump in too fast, you will also jump out fast and not without some burns, but if you take your time to first put out the fire, you will easily cross to the other side back and forth without burns.

So, take your time, learn all that needs to be learnt in order to become an expert trader, and remember that, at the very beginning, you don't have to practice trading with real money, you can open a demo account with one of the top crypto exchanges we have around and practice trading with visual money, you can perfect the art of trading by trading on your demo account on daily basis for atleast six months to one year before you consider moving to live account where you can trade with real money, those months you spent trading on demo account will save you alot of money you should have lost if you jumped straight into trading on a live account.

In conclusion, learning to trade is not something that should be rushed, make sure to take your time, learn it properly and trust me, like I said earlier, you will see trading as one of the easiest and most effective and convenient way to make money.

[nurilham]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning".

Both trading and investing are very risky of you have no proper knowledge. Sure, people must ensure to have good knowledge before they start trading. We always suggest to many new traders to take time for learning, don't suddenly trade and expect of big profits. It is impossible to take profits if we don't understand how to trader in the right way. There are many people who don't care with learning, they don't trade coins but they gamble with the coins. Finally, they don't get profits but they only get losses. It is what the people will get if they don't have no knowledge.

Anyway, if you trade in spot market, you won't lose all your funds. I guess you assume future trading, but it is not the right place for new traders. If you are still new in trading, you must choose spot trading and stay away from future trading. Regarding the funds, we must be wise, don't use big funds if we are still learning. Just use big funds when we have enough experience in trading.

[Hyphen(-)]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Starting your trade with small funds with the intention of learning from experience can be helpful if you did not put making profit in mind since you will be using the money to practice what you are learning about trading before starting with big money.

There are exchanges that give you a demo account with virtual funds to practice your trading journey before you have confidence in yourself and start trading on your own, but some people are skipping this due process by jumping into trading without proper knowledge, which is not proper.

Learn first and invest when you have the knowledge of basic and fundamental skills about trading before you kickstart your trading journey.

[SOKO-DEKE]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

I absolutely agree that trading in cryptocurrencies comes with significant risks, especially for newcomers. It's crucial for beginners to be cautious and keep a close watch until they grasp more about the cryptocurrency industry. The reason is, in a short period, they could easily lose their funds due to the unpredictable nature of trading. Trading isn't just about having basic knowledge; it demands a deep understanding of cryptocurrencies.

Despite the risks involved, some people are able to turning a significant profit from trading time to time. But those who have a firm grasp of trading are the ones who make money every time. It's critical to stress that trading is a serious endeavor that calls for extensive study, ongoing technical analysis, and other skills. People can better handle the difficulties of cryptocurrency trading by gaining the necessary knowledge and remaining educated, which lowers the possibility of suffering large losses and raises their chances of long-term success.

There are exchanges that give you a demo account with virtual funds to practice your trading journey before you have confidence in yourself and start trading on your own

Yes, some places let you try trading with pretend money first, like a game, so you can learn how it works before using real money. It's like practicing before playing a game for real. But, some folks are not doing this important practice and instead are starting to trade without really understanding how it all works. This is not a good idea because you need to be confident and know what you're doing before trading with real money.

[EarnOnVictor]

There’s always a lot of considerations before one should decide to trade. Aside from learning all the fundamentals and the technicalities in trading, it’s also important that you should learn to trade based on your trading plan. Set your trading plan first before you risk in trading, and always risk on what you can only afford. With that, you will never suffer from too much consequences when trading.

While fundamentals and technical analysis are important, it’s also crucial that you start trading once you gained prior skills, that is learning trading first without using real funds.

With my trading experience and exposure about people, I realised that knowing how to spot the trade through the various means available is not the reason for the failure of traders, this could be gotten easily, but the way they ignored several other important things that could have helped them to put the pieces together for their trading success. Many will be looking for a trading strategy that will earn them 100% winning, but this is not possible, and with a trading system of just 50%, if properly managed, the trader can still be successful in trading. Therefore, instead of learning the right plans and systems together, they are busy learning trading strategies and continue to style-drift which is not good for progressive traders.

Good, finding the right trading strategy is a nice idea, but the irony is that most traders already have it, only that they are not patient with the one(s) they have or are not using the strategies correctly. If a good strategy is achieved, what is needed in addition is for the trader to work on good money and risk management to be used with it. This is key to the success of traders and it is what the trader will blend with a good strategy to form a working trading system. After which good psychology must be enforced and practised, but it will take time as determination and discipline are also needed in this aspect. It takes a whole lot of practice on self-control to be able to actualize this.

[tygeade]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

As a beginner that is still learning about trading I don't think it is advisable to start trading with huge sum of amount, trading is all about learning and experience. Starting trading with small amounts of money will give one a good knowledge how to handle a huge sum of money in trading. Another thing you also need to consider in trading is that trading with a huge sum of money is not a guarantee to make better profit, the most important thing is to trade with the amount that you can afford to lose.

As a trader it is advisable one needs to understand trading very well, because rushing to make money from trading fast  can end one be at lose at the end. Learning trading and having a proper knowledge of trading helps in trading alot , trading is not something that can be done with a shallow understanding but requires a good understanding to handle it.

The number of people who want to make money very quickly is the number one reason why we are having this trouble. We should not be expecting something like that, we should be expecting much less from people. In any case, stop trying to make money right away, and learn, if you study and trade to gain experience, then you are going to be great.

I agree with you that starting small is the best way, because if you start small then you are going to get a lot better eventually, that should be the most important part. I get that it may not feel that great, but that doesn't feel like it is going to be all that great if you just jump right into it, I hope that this would become something that would be a little bit more less stressful.

[Hypnosis00]

I think everyone here has given a lot of advice on what to do to become a trader. It is not easy to become a professional trader, there are many stages that need to be done, one of which is studying technical and fundamental analysis trading knowledge, it is still quite basic because there is still a lot to know. The most important thing is how to manage trading emotions because no matter how good the trading techniques and strategies used are, they will not be useful when the trading mentality is down. It takes a lot of practice and experience to form a strong trading mentality.

I hope that OP is quite understanding the advice of the forum members.

Indeed, it is simple to say I will become a trader but it was difficult in actual. Many people start their trading journey with strong mindsets and aggression but they never stay long and quit. So why? It means that not all are meant for this. Although we have a chance but it doesn't mean that those who want to become a trader will succeed, as surely not. Even myself, I can't tell that was already successful in this field because even though we have a long trading experience, it never counts as a guarantee for a successful trade, I could still lose.

My advice is that - don't force ourselves if we know it is impossible but instead, choose the job where we think we have an advantage and capabilities.

[Moeda]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Actually trading is simple. Buy at low prices, and sell at high prices. Automatically there is no loss term. If the price drops, we can hold coins until the price rises again.
The most important thing in crypto trading is choosing coins with potential, and avoid coins that have just been listed on the exchange, because these coins will drop up to 90% of the initial listing price.

[Questat]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Actually trading is simple. Buy at low prices, and sell at high prices. Automatically there is no loss term. If the price drops, we can hold coins until the price rises again.
The most important thing in crypto trading is choosing coins with potential, and avoid coins that have just been listed on the exchange, because these coins will drop up to 90% of the initial listing price.

Okay, many people are saying trading is easy but have you ever wondered why many traders have failed? It was not as easy as we think in real life but it was hard due to the volatility of the market and if we don't have enough knowledge and good analysis, we just lose. This is the usual problem for most traders as they start their journey without enough knowledge as they think that simple buying and selling are enough. 

So why we are encouraged to continue learning because that is the way it helps us to improve. If we want to reach our goal, then we also never stop learning and keep improving.

[South Park]

Okay, many people are saying trading is easy but have you ever wondered why many traders have failed? It was not as easy as we think in real life but it was hard due to the volatility of the market and if we don't have enough knowledge and good analysis, we just lose. This is the usual problem for most traders as they start their journey without enough knowledge as they think that simple buying and selling are enough. 

So why we are encouraged to continue learning because that is the way it helps us to improve. If we want to reach our goal, then we also never stop learning and keep improving.

That kind of thinking is widespread even if it is wrong, trading is not easy, however it may seem this is the case because if you were to take a look at the posts you can read on social media you will see that most of the posts out there come from traders claiming they are making huge profits, and even if we were to assume that all of those posts were true, where are the posts of those that lost their money on the markets? And there are not many posts like that, because despite losing traders being more common than winning traders, they prefer to hide as they are embarrassed they lost so much money on the markets and they refuse to share their story.

[ItsCrafty]

In this case, I will tell you that if someone wants to do trading and he wants to start trading in crypto, then for that he must have funds and he must also have knowledge about crypto and I would like that if someone wants to trading, whatever project he chooses, he should choose a strong project, then make his investment in it, and if the value is low, then he should have the ability to hold. It should be and then that project will definitely benefit him but if he invests in a very small project and he has no knowledge about it, then he will lose.

[AakZaki]

The number of people who want to make money very quickly is the number one reason why we are having this trouble. We should not be expecting something like that, we should be expecting much less from people. In any case, stop trying to make money right away, and learn, if you study and trade to gain experience, then you are going to be great.

I agree with you that starting small is the best way, because if you start small then you are going to get a lot better eventually, that should be the most important part. I get that it may not feel that great, but that doesn't feel like it is going to be all that great if you just jump right into it, I hope that this would become something that would be a little bit more less stressful.

Starting small means you have to know what basics you need to know before you start trading, because many beginners want to start trading but are lazy to know what basics they need to know, they just want an instant way and don't need to think about analysis and something like that. Even though basic knowledge is the basic foundation for starting to become a trader. It's not easy to become a trader who really trades, not just relying on other people.

[DVlog]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

You made losses continuously because you didn't analyze your mistakes and learn from them. It is not hard to learn basic knowledge about crypto trading and it won't help you to be on the winning side. What most important in crypto is to maximize the profit by minimizing the risk which can be done if you have a good money management strategy. It is more important to have the best exit plan than to have a perfect entry. Most of the new traders spend their years to learn how to get the perfect entry and till they realize they are doing it wrong they have already taken a massive loss that kick most of them out of the market.

[Out of mind]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

It is true that trading is a risky platform like gambling where you can earn huge amount of money at any time and your funds can be zero within a short period of time. But if you want to be a successful trader, then you must have a good opinion about the market and analyze all aspects of the market. If you don't understand well, then never go to trading. There are many types of trading like future trading, spot trading, bod trading among them, you should never go to future trading as you will have the possibility of losing your money anytime. If you do spot trading then your fund is not likely to go to zero but in futures trading also you will profit if you do bot trading, but you will lack skill here. So investing is risk-free as compared to trading, but if you want to earn regular income by trading then you must take good advices and take entrepreneurship from all traders.

[ancafe]

All of us are beginners in the early days of trading, so it is our duty to study and learn so that our trading plan runs smoothly. Each trader's risk tolerance is different, so it is not surprising that sometimes they have to accept large losses without reserve funds.

You are right, analysis is needed before starting trading. Strategy will help traders obtain satisfactory results, so everything is covered from starting to learn, improving trading skills, and maintaining psychology. Trading skills certainly vary, so this will determine how successful they are at trading.

You are right because actually all of us were beginners before becoming more experienced in trading. How to handle risks also differs depending on who we know about trading or who we teach it to and if we have a professional trading teacher then the way to win risks is definitely a little more coordinated. There are many people who experience losses when they first get to know trading and there may be many people who experience losses in large amounts, but experience will lead them to evaluate each loss so that when they mature we can better control the risk.

Learning to improve skills, handle risks and create strategies is quite necessary because a person's maturity in trading will occur if their experience continues to increase, it's not uncommon for many people to give up because of a lack of attitude in handling risk. Therefore it's a good idea for us to study well before getting too involved in trading because usually risk is much more difficult for us to control if we don't have the knowledge.

[Uruhara]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Actually trading is simple. Buy at low prices, and sell at high prices. Automatically there is no loss term. If the price drops, we can hold coins until the price rises again.
The most important thing in crypto trading is choosing coins with potential, and avoid coins that have just been listed on the exchange, because these coins will drop up to 90% of the initial listing price.

Well, from a simple perspective, it's like that. But being able to remain calm when we see that the coins we hold are decreasing is another thing that also needs to be considered. Because trading turns out to drain more of our own mental or emotional energy. And if we are not good at processing emotions in trading then losses are what we will most often encounter.
So that is where it is also important to study market psychology and trading psychology. Emotional management and money management. Because trading looks simple but in reality it is so complex.

And also to find out which coins have potential and which don't, you need expertise in finding information and this is where fundamental analysis is needed. So that we can avoid big losses from entering the wrong project that is actually bad but looks good.

[NicNacCoin]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

If you are trading futures you can lose money within seconds at the peak of the market ups and downs but if you are trading spot you will not lose money within seconds. For trading I would always suggest to choose a good exchange platform like (Binance). Never trade with emotion on a trading platform because you can never trade with emotion on a trading platform trading with emotion will only make you lose. One can never be too greedy on a trading platform and one can never lose patience on a trading platform. Also a person should always use his own strategy to trade. And especially in the case of trading, trading should always be done by looking at the good news of the market.

[avp2306]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

You made losses continuously because you didn't analyze your mistakes and learn from them. It is not hard to learn basic knowledge about crypto trading and it won't help you to be on the winning side. What most important in crypto is to maximize the profit by minimizing the risk which can be done if you have a good money management strategy. It is more important to have the best exit plan than to have a perfect entry. Most of the new traders spend their years to learn how to get the perfect entry and till they realize they are doing it wrong they have already taken a massive loss that kick most of them out of the market.

Losses is result of poor judgement on the way how they trade those crypto's in the market and if he learn a lesson from the mistakes he made for sure he can use those experience to be more careful on for next time around. Although we can't acquire some skills instantly but if we are consistent seeking for more valuable information about trading and also we follow those people who do good trades for sure we can learn from them. There are also lot of resources online that we can read and for sure if we could just spend time to read and try to apply those methods introduce to us for sure we can make this as a basis to have a good trades also make us more stronger especially on taking good decisions in the market. Most of newbies really spend years to learn trading but if they are just consistent and show willingness to learn for sure they can make those timeline a little more and for quiet sometimes they know how to trade and create good strategy for theirselves.

[AYOBA]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is dangerous anytime money is involved, thus it is a discipline that requires preparation. Because of this, it's not a good idea for someone who is unfamiliar with trading to pursue it, instead, they should conduct research and study trading to gain knowledge of both technical and fundamental analytical skills. However, why do some people lose money when trading? They notice that the market is poised to decline when they trade. They will rush to switch rather than wait for the market to rise. And you want to make profit. How are you going to make a significant profit? For this reason, learning to be patient is just as important as knowing how to reduce risk.

Furthermore, It takes more than a week or months to accomplish a goal; instead, you must continue to learn since the more you learn, the more you will advance. The problem with trading is that, in order to avoid finding anything too tough to do, you have to follow people who have a lot of experience in the field if you truly want to become an expert.

[Aanuoluwatofunmi]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

Most cases of the cryptocurrency trading we have, you are likely not to loose all your money invested on a particular trade, but you may loose part of it, this is because the market is volatile and you loose while over time you can also gain depending to the performance of the market and the coin you're dealing with.

So it isn't recommend to trade if you don't know anything.

It's true, if you don't know about trading, then don't start yet until you have an idea on what to do there, virtually almost everyone of us started from somewhere by learning how to trade till we are where we found ourselves presently being a trader.

[Smartvirus]

There is no means to making money that is exactly without risk. Any means to earning while also as a means to loss when not carefully done. Trading happens to be a way to earn quick money using your skills and knowledge of the market but, make any mistake and it could such in all your capital in a goal. For one to have any chance at doing better in trading, you need to be very much detected from your trades and have a very high level of discipline to be able to follow up on the principles you create in course of your trading/experience with the market.

It's not often about having a huge capital. Although that could push for quick achievement of your trading goals, be it long or short term but still, tye risk factor is inevitable.
When it comes to not having enough capital, the ETF programs are up to substitute for that.

It's left for you to have a well grounded skill on how to analyse and trade the market. Don't just trade, be sure to have an indicator either as a tool or an analytical pointer that determines your entry and exit point. It's one way to ensure you ain't gambling the trade and you have a plan for your trading.

[doomloop]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

If you are trading futures you can lose money within seconds at the peak of the market ups and downs but if you are trading spot you will not lose money within seconds. For trading I would always suggest to choose a good exchange platform like (Binance). Never trade with emotion on a trading platform because you can never trade with emotion on a trading platform trading with emotion will only make you lose. One can never be too greedy on a trading platform and one can never lose patience on a trading platform. Also a person should always use his own strategy to trade. And especially in the case of trading, trading should always be done by looking at the good news of the market.

Yeah, that is how risky trading futures but it was also highly rewarding once you get successful on your attempts. In spot trading, it is also possible to lose money in an instant. You forgot that there is a volatility. But in spot trading, it is still possible for us to recover our losses if we hold on our cryptos first.

We must only ensure that the cryptos that we have are legit because if not, then they may not recover anymore. Choosing a good exchange is indeed a must as well, because even if we are trading legit cryptos but the exchange that we are using is a scam, it will still be useless. And a legit exchange may not be alone because some still has a high fees and other hassles. The rest that you said are also true and must be followed strictly.

[terrific]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything.

It's okay to do some test and experiment when you don't know a thing or two but don't over experiment.

But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Why so? That's fine, you only spend small amount of money and it's like going to school. You pay your tuition and you learn and you have some mishaps and mistakes and that's part of growing and learning something new.

[Ricardo11]

I am not a professional trader, I trade occasionally. I have lost money trading, and won a lot of money. When I trade I trade using my own strategy. For a newbie to start trading, he should first research the market, and always keep an eye on the price movement, he should always read, and trade at the right time after researching everything. Because trading is not easy, you can lose all your money due to a small mistake.

[Bushdark]

Trader or no trader, you must be ready to carry out personal research so that one could understand the market more than keep asking people fro reply and explanation on how to do some particular things. We need to be wise or else we might become a problem for ourselves. A trader need to be always ready to take risk. Risks are one of the things that could make us either successful or a failure.
People that knows how to trade very well might have been in the market for a very long time.

[tbterryboy]

Many people think that they can just do whatever they want while trading as long as they think they can make a profit. However, many things that you do should not be really considered all that available for you when you are starting out, it is not that easy, and it doesn't really help you much neither.

I hope that we could be doing something a bit better, and just take less risk. If you are starting new, some good old holding would not be a bad idea, many people should give that a big try, that would be a lot better. I know that it is not going to be too simple, but it would be something that would benefit us all. That may not give you a ton of profit, and yet you will also not lose any money neither, which is a lot more important when you are first starting.

[doomloop]

Trader or no trader, you must be ready to carry out personal research so that one could understand the market more than keep asking people fro reply and explanation on how to do some particular things. We need to be wise or else we might become a problem for ourselves. A trader need to be always ready to take risk. Risks are one of the things that could make us either successful or a failure.
People that knows how to trade very well might have been in the market for a very long time.

A successful trader is someone who takes calculated risks and knows very well how they can manage the risks they are taking with their investments. There is indeed no reward without taking any risk, but one shouldn't take risks that they can't manage or take risks without even knowing how they can minimize the risks if needed.

As a trader, you need to understand each and everything about the market you are trading in and the assets that you are trading, so that you can make quick decisions where necessary. If the market moves either up or down very quickly, and you don't react on time, you will either lose money or lose an opportunity to gain higher profits. Either way, it's a sort of loss for you being a trader.

[stadus]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Never trade if you are not prepared. Although it can be learned by following its process, but jumping into trading when you’re supposed to study and acquire knowledge and basic information first is actually allowing yourself to lose consistently which I think is not good at all. Losses could be your motivational means to learn and improve your trading performance, but somehow the fact that you can still avoid those losses through learning at first and equipping yourself with knowledge and skills before you trade is still recommended.

[Webetcoins]

Many people think that they can just do whatever they want while trading as long as they think they can make a profit. However, many things that you do should not be really considered all that available for you when you are starting out, it is not that easy, and it doesn't really help you much neither.

I hope that we could be doing something a bit better, and just take less risk. If you are starting new, some good old holding would not be a bad idea, many people should give that a big try, that would be a lot better. I know that it is not going to be too simple, but it would be something that would benefit us all. That may not give you a ton of profit, and yet you will also not lose any money neither, which is a lot more important when you are first starting.

Taking less risk sounds like a bad advice to many people because we are in crypto and risk is all around us. But the reality is that you are right, taking less risk is a lot better and we should all be doing that. The fact is that investing into bitcoin long term is a "risk" but investing into apecoin for long term is a risk too, and we all know that is a much higher risk.

So, when you are investing, or even trading, take risk into consideration and take a risk that would make sense, not one that would be useless. Plus taking X amount of risk for a 100% return and taking a 100X risk for a 200% makes no sense, you are taking hundred times more risk, but you are hoping for a twice higher profit, why would you want to do that?

[Mehedi72]

There's no trader, who hadn't loss yet. Trading isn't like you'll make profit continuously. If You profit in trading that means one user loss that amount and when you loss, that means other guy is making that money as profit from you. So it is necessary to build up mentality that you can loss anytime. And I also don't support thay statemen. You need to make yourself ready before trading and This is why you have to choose everything properly. Proper place like binance, of course trading with good coin, don't be greedy by using high leverage in future trading, budget fund for trading, using stop loss for more loss, try to know about moving averages,  (RSI), (MACD), and Bollinger Bands for better analysis. And track the altcoin activities, event before start trading. And patient is important,. Don't be a panic seller

[pusaka]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Never trade if you are not prepared. Although it can be learned by following its process, but jumping into trading when you’re supposed to study and acquire knowledge and basic information first is actually allowing yourself to lose consistently which I think is not good at all. Losses could be your motivational means to learn and improve your trading performance, but somehow the fact that you can still avoid those losses through learning at first and equipping yourself with knowledge and skills before you trade is still recommended.

Knowledge is the basic thing that we must have when we want to do something, in everything including trading. If we do something without knowledge and only capitalize on courage, in my opinion it is not wise at all.
The next question is whether knowledge is enough? Of course not. We must have capital and what needs to be remembered is that we must use capital that is truly free or in other words money intended for trading. Apart from that we must have a strong mentality, especially the mentality when we experience losses. Many people I see they are not fully prepared but force themselves, it can be an invitation for something bad to come in the end.

[Hamphser]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Never trade if you are not prepared. Although it can be learned by following its process, but jumping into trading when you’re supposed to study and acquire knowledge and basic information first is actually allowing yourself to lose consistently which I think is not good at all. Losses could be your motivational means to learn and improve your trading performance, but somehow the fact that you can still avoid those losses through learning at first and equipping yourself with knowledge and skills before you trade is still recommended.

Knowledge is the basic thing that we must have when we want to do something, in everything including trading. If we do something without knowledge and only capitalize on courage, in my opinion it is not wise at all.
The next question is whether knowledge is enough? Of course not. We must have capital and what needs to be remembered is that we must use capital that is truly free or in other words money intended for trading. Apart from that we must have a strong mentality, especially the mentality when we experience losses. Many people I see they are not fully prepared but force themselves, it can be an invitation for something bad to come in the end.

Knowledge and having that versatility is the key for you to have that kind of success on a certain venture on which this isnt really just that limited on trading but also in other ventures as well.
Other learnings could really be acquired through experience and this is why you cant be able to complete out those learnings because others are really not been able to be attained.
Sooner or later it would really be something that you would be able to encounter and with that then you would be making out those kind of adjustments on which this is something that you would really be
needing to do so.

As a trader then you should really be that versatile and really be that having that kind of adaptation on whatever circumstances that you would be able to encounter or something that you
could really be able to get a hold off. If you are really that not mindful much about those gaps and mistakes then you wont really be that progressive.

[RockBell]

Many people think that they can just do whatever they want while trading as long as they think they can make a profit. However, many things that you do should not be really considered all that available for you when you are starting out, it is not that easy, and it doesn't really help you much neither.

I hope that we could be doing something a bit better, and just take less risk. If you are starting new, some good old holding would not be a bad idea, many people should give that a big try, that would be a lot better. I know that it is not going to be too simple, but it would be something that would benefit us all. That may not give you a ton of profit, and yet you will also not lose any money neither, which is a lot more important when you are first starting.

if anyone is coming into trading with that kind of mindset then that person does not look like someone who will make a profit because nobody will stop you from taking so trading actions but your funds will be the ones that will be in for it and that is why they are always warning, to be always careful when you want to trade because there plenty mistakes when trying to gamble that must even be avoided, but you know some stubborn people don't care about any action they take, and since its there money and there choice to do what if they want to do then when they finish wasting all there money because of disobedience then they will know the value of instruction. and people with I don't care attitude should better still just hold, and leave there and no stress of analysis. anything that has to do with money is always not easy. and since it is something of benefit why not take time to understand it and be the one to benefit from it, people do not just want that money.

[Sanitough]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Actually trading is simple. Buy at low prices, and sell at high prices. Automatically there is no loss term. If the price drops, we can hold coins until the price rises again.
The most important thing in crypto trading is choosing coins with potential, and avoid coins that have just been listed on the exchange, because these coins will drop up to 90% of the initial listing price.

That’s the most basic and simplest strategy in trading, and yet a lot of traders are struggling to follow it. It’s as simple as that, buy low and sell high. However, without patience and being greedy when trading, one cannot wait for the perfect time to sell which is when bull run happens, but will decide to sell their coins irrationally without assessing their decision making. Obviously, with that attitude, he will never gain success in trading.

Furthermore, since trading cannot guarantee all time profitability, then I encourage those traders to always take time to sell when they see potential profits in the market. It does not matter whether the profits are big or small, what’s more vital is that when one decides to sell, at least he won’t be at a loss, or he won’t miss good opportunity to make profits in trading.

[$weetne$$]

There's no trader, who hadn't loss yet. Trading isn't like you'll make profit continuously. If You profit in trading that means one user loss that amount and when you loss, that means other guy is making that money as profit from you. So it is necessary to build up mentality that you can loss anytime. And I also don't support thay statemen.

No average trader has lost but there are some traders that have inside information and they're using it to make profits everytime they want to trade. They mightn't be trading everyday but only when they have the right information for them to use and make profits. When you make profits in trading, it's not every time that another trader lost before you made that profits. Some traders are entering the market at that very point that you're selling and some investors are buy that coin that you're selling so they can use it as an investment therefore it's not every time that a trader have to lose before you can make profits. Cryptocurrency market is global and open all the time therefore when you're selling another trader or an investor is buying and they too can make profits when they sell in the future.

[pusaka]

Knowledge is the basic thing that we must have when we want to do something, in everything including trading. If we do something without knowledge and only capitalize on courage, in my opinion it is not wise at all.
The next question is whether knowledge is enough? Of course not. We must have capital and what needs to be remembered is that we must use capital that is truly free or in other words money intended for trading. Apart from that we must have a strong mentality, especially the mentality when we experience losses. Many people I see they are not fully prepared but force themselves, it can be an invitation for something bad to come in the end.

Knowledge and having that versatility is the key for you to have that kind of success on a certain venture on which this isnt really just that limited on trading but also in other ventures as well.
Other learnings could really be acquired through experience and this is why you cant be able to complete out those learnings because others are really not been able to be attained.
Sooner or later it would really be something that you would be able to encounter and with that then you would be making out those kind of adjustments on which this is something that you would really be
needing to do so.

Definitely, we should not limit knowledge to certain things, because knowledge is a must-have in many aspects of life, maybe "more" knowledge in one sector, such as trading or anything else will make us have a plus point in doing something.
Aside from that, if we talk about skills as a whole, we must also have skills, skills will make us at a different level, especially if we can use those skills very well.

As a trader then you should really be that versatile and really be that having that kind of adaptation on whatever circumstances that you would be able to encounter or something that you
could really be able to get a hold off. If you are really that not mindful much about those gaps and mistakes then you wont really be that progressive.

Adaptation is an important part of life, and trading is no exception, it is necessary so that we can become better traders in the future. Actually, without us realizing it, adaptation runs naturally, because the longer we are in the world of trading, it will open up opportunities for us to understand more about trading. However, this must be done seriously, because I believe that if something is done just for fun, or just to make a profit, it will not have a maximum impact on us. I understand the true purpose of trading is to make a profit, but what I mean here is something more than that.

[Lukmanfirdaus1]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

Risk management is an important point in trading in my opinion. So if you have risk management, you will not enter the market carelessly, you will not enter the market because of the trend and of course you will enter the market already prepared.

So What things do you follow and advice before open a trade?

1. Use as much money as possible if trading losses do not have an effect on your life.
2. Look for a coin that you like, it could be the top 20 coinmarketcap, if I may give you advice, stay away from meme tokens or anything related to shitcoins.
3. Any analysis is fine, what suits you, DCA, SNR, or others is up to you, because I believe that each person has a unique style and strategy for each individual.
4. Lastly, most importantly, don't be greedy.

[Tomcolor]

I faced terrible losses in the beginning while trading because I was a new crypto user. Then I realized that trading is not an easy thing and can make a person greedy and poor. The most important thing is knowledge because when you are going to start a business think about how much knowledge you have about it. There is no perfect trade in trading so your loss or profit is all managed by your patience and skill.

[freedomgo]

Trading is a serious thing. You can't just go on trading and risk your funds because you want to double or triple the current amount of your funds. That is so absurd to think. Trading is not the only source to multiply your funds, but by investing into physical businesses or go for bitcoin long term hodling, those are safer options.

However, if you want to go out from your comfort zone and try a risky thing like trading, then it's actually your choice. But as a friendly suggestion, never gets into trading if you are not well prepared enough. Not only to your finances, but also on the acquisition of knowledge and skills that you are opted to have, and of course if you want to trade, be prepared to lose as it's a normal scenario when trading.

[shinratensei_]

never trade out of emotion after you're having losing streak is one thing that prevented me from going all in and eventually lose it all, know your limit maybe its not the best day you're having, move on, try to do something relaxing like walking around or doing your hobby like sports, then come back tomorrow, it will keep you sane, increase the ability of making wiser decision.
also when you miss an opportunity, it doesn't mean world is ending, it just means that you should wait for another opportunity, the market is up 24/7 for whole year, if you think you're missing out on opportunity and getting devastated easily, just think whether there gonna be an even bigger opportunity and you should strive for that, overall, always trade with cool head.
otherwise be prepared to empty your wallet.

[Mame89]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is indeed an activity full of risks, but many traders, especially beginners, who trade by guessing must stop immediately. Prioritize each trade by doing your own research.

Apart from that, the best advice is perhaps we should avoid hesitation. If you are unsure about trading then don't force it because hesitation is not always a good behavior to add. The best way to learn is through experience and observation, being detail-oriented and disciplined.

Have a system that you know works, not just guesswork. At least by reading the latest news, you may be able to spot consistent behavior that leads to market movements and will help. if you know one or more cryptocurrencies that have fundamentals then it will be easier to do so. So trade cryptos you know well versus cryptos you know nothing about and it makes perfect sense.

[LogitechMouse]

~
So What things do you follow and advice before open a trade?

Nah just forget about opening a trade, and just copy those expert traders out there.
Kidding aside, I tried trading already. Three times to be exact, and I lost in all of those 3 times.

I will not give much advice because I'm not a successful trader, but what I know is that, before clicking that buy/sell button, make sure that you're always ready in whatever situations might happen. What I mean is that, if things go your way, you must have a selling strategy. The same goes when things aren't going your way. You must have an exit plan or a stop-loss plan.

Also, disregard your emotions. Emotions are one of the main reasons why traders lose their money. Some pare panicking when they see their positions down double digits. Some are making unnecessary decisions when they see that the market is going down. Traders are making bad decisions because they get too emotional. I learned how to be emotionless most of the time in trading. It's just that, there are times when my emotions are getting me hence, I make very bad decisions that make my capital disappear. One wrong decision can make your capital wipe especially when you're trading in the future.

Overall, trading is a risky thing especially when you're a newbie. Many give advice such as "Stay away from trading" blah blah. I would say, let them experience and from there, they can decide whether they will continue trading or not. Learn to be patient, learn to be emotionless, always have a strategy.

[Bigsharp]

My advice for being a trader you should the market closely before thinking of trading make sure you learn from pro trader

If you earn from hand to mouth I don’t advise you to become a trader instead you should be a Bitcoin investor

You can work for your whole life to become a trader and this your whole life hard earn money you decide to enter the market with it you can lose your whole life saving over an hour

Before thinking of becoming a trade you should take a breath and go for medical check up to know you capability when you lose money if you can survive it Else the risk in trading is much for an average individual to stay over night and think of becoming a trader when you don't know the side effects

[AakZaki]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

[gabbie2010]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Check the overall sentiment of the market it is either bullish or bearish or ranging market this is necessary after learning Technical and Fundamental Analysis and you must have a working trading strategy which has been proven to be profitable, though their is no perfect one, I also subscribe to funding a trading account with a small fund to continue with your learning process, I believe this  is better than trading with demo account, with a little funded live account you would be able to learn how to control your fear and emotion as well as psychology which is far better than huge funded account which can get liquidated in the course of trading as a newbie.

[RewFrew]

So you need proper training about trading. You need huge knowledge about it. Without proper knowledge anyone cannot profit from trading. Because trading is not too easy. Trading is very risky things. If anyone invest on crypto without proper knowledge he Will be losser there has no doubt. So my first advice please learn properly.

After that you need about some knowledge for trading :
Need technical analysis
Fundamental analysis
News analysis
Fund management
Risk management and Strong mentality.

If you follow this which i mentioned then you can trade and you will be profited form trading. Otherwise you will loss all your valuable fund.

[Huppercase]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

If you are a new trader and you are trying to understand trading and you don't want to lose money, what you should do is these:

Demo trading: We have some exchanges that has a demo trading account for their users, like Okx for instance has one place where you can trade with virtual assets, they are not real but fake money. You can use that money to study the market and then learn all you need to learn from their. Binance also has one I think but the coins they have is limited and the demo can only be access via web and not on phone and the website gives outdated vibes.

Paper trading: You can register an account with tradingview, you can use the platform for trading using virtual..assets but this time, you have the option to select any type of coin that you want and it doesn't have to be specific to an exchange, you can select any coin from any reputable exchange and trade their pairs especially when you want to follow the behavior of some traders in a particular exchange. These are the ways you can learn trading without having any loss that will affect you because those funds are fake.

[Franctoshi]

When it comes to trading, you learn, unlearn and re-lean, trading is a waiting game, Therefore never be in ghast to make profits without waiting for your trading set up to get complete, manage risks, don't be greedy, have a rule base strategy to use to navigate the volatile market, and don't go all in at once, apply a proper DCA method when taking your trades, this way it will help you minimize risk exposure to the market.

[GigaBit]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading seems easy to many but I don't think it is an easy task. As all traders try to get profit so it is very difficult to profit from it. If a trader has experience in trading then he can definitely earn good money from trading. A few things I would like to remind the new traders is that before trading we must do fundamental and technical analysis. There are many traders who don't control their emotions and don't do any research about the asset before making a new trade. I would advise those traders that before taking a new trade you should take time to know the details of that coin or assets and invest there short term or long term you should clarify those things.

[Julien_Olynpic]

If we are talking about a novice trader, then first you need to decide why a person needs trading in general. There may be several answers here. Firstly, in order to gain financial independence. Secondly, to save your money from inflation. Thirdly, to gain trading experience. And fourthly, to have fun. Basically everyone points to the first point, but as a rule, without experience it is difficult to achieve financial independence. Therefore, traders first gain experience, and only then financial independence. Therefore, I would advise not to set ambitious goals for yourself right away. Start small. Try to learn not to lose money in the long term. Try to earn a small profit first, which you can already spend. Only after this set yourself more ambitious goals.

[BD Technical]

There is new, brother, I will say one thing, brother, learn first.  Take the course and if you time the future you will be able to do something because if you work on my single line you will be more likely to block.
Choose another form of income, no difference, if he stops giving singles, then you are stuck, in that case you stick to your singles and you are yours.  Be skilled because if you are not skilled you will be stuck without your signals because it is easy to make money trading.  At present most of the people who are doing training are thinking of signal because we who are brothers know first cut then come here.

[R100K-Martin-Lunger]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading has always come with its risks and rewards. It involves not just understanding the market but also an approach to managing those risks effectively.
My advice is to
Educate Yourself Continuously: Trading is an ongoing learning process. Familiarize yourself with technical and fundamental analysis to make informed decisions. There are numerous online resources, courses, and books dedicated to trading strategies and market analysis. You said you made a loss. Learn what you did right and what you did wrong during that time. What conditions allowed you to make a profit, and what made you a loss.
Stay Updated with Market News: Again, this is obvious but true. Market sentiment can considerably impact price movements. Keeping up with the latest news and developments within the markets you are trading is crucial.
Have a Trading Plan: I would also develop a clear trading strategy that includes entry and exit points. Know your risk tolerance and set stop-loss orders to manage potential losses.
Consider Getting a Mentor: This is one of the biggest things I recommend, a mentor. A mentor who has a proven track record in trading can provide valuable insights and guidance. They can help you navigate the complexities of the market and improve your trading skills.
Risk Management: Again obvious but never invest more than you can afford to lose. It's important to manage your risk on each trade carefully.
Now this is a lot of work obviously, day-to-day trading is time-consuming and nerve-wracking. And with a day job, it can be hard. But still, it’s an avenue for profit, I recommend investing in funds managed by professional traders as an alternative. This allows you to benefit from the potential returns of trading without needing to monitor the markets constantly. You can invest in a diversified portfolio managed by experts, which can potentially reduce risk. But of course, it's important to research thoroughly and choose reputable funds or platforms. Additionally, always monitor your investment's performance and be prepared to make adjustments as needed.

If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

[$weetne$$]

When it comes to trading, you learn, unlearn and re-lean, trading is a waiting game, Therefore never be in ghast to make profits without waiting for your trading set up to get complete, manage risks, don't be greedy, have a rule base strategy to use to navigate the volatile market, and don't go all in at once, apply a proper DCA method when taking your trades, this way it will help you minimize risk exposure to the market.

DCA works better when you're investing as you can DCA into Bitcoin and make alot of profits, DCA works too with altcoins or anything that can be invested into. I haven't heard of when someone DCA when trading but if you mean opening different small trade than to open one big trade that can make.you to lose big it makes a perfect sense. Trading is a risky and when you are still a newbie you have to be very careful what you do because you can make mistakes since you're not yet well experienced. My advice for being a trader is the advice that I was given when I was learning how to trade which im still doing but I have more experience now, the advice is to always take profits when trading because profits secure is better than a wishful profits that you haven't secured as you can lose it.

[Monarch B]

Today, trading is a psychological game for big investors. Even if you want to learn a lot of good things, you can't do anything better from here. Over time you need to understand their mindset. And if you understand their mindset then you can earn good amount of money from trading. For which now technical analysis has stopped working a lot.

One thing I would say is don't follow any group signal. They basically use us to profit themselves and get out of there quickly.

[Sorryfor]

In order to start trading you must first acquire enough knowledge about trading. How trading works, its techniques etc. should be well understood. If you start trading without knowing about the trade and without gaining enough knowledge about the cryptocurrency market then it will cause financial loss for you. I find it more acceptable to invest in different popular coins than to trade. For example, if you invest in any coin like Bitcoin or Ethereum, you can definitely earn good amount at the end of the day. On the other hand, trading is a very risky activity. When trading you don't really know what is going to happen next which makes it not acceptable for most people. Experienced people who trade acquire considerable knowledge about it over the years.

[Mauser]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Don't start with futures trading if you are new to the trading world. With futures you are increasing your risk considerably and it could be that your position gets wiped out very quickly. Sticking first only to the spot market is much easier to make profits, even if those profits are going to be smaller than what you could have made with futures. As long as you directly own the underlying asset itself you are not at risk to lose all your funds in a few seconds. Something like that only happens when you trade high assets like options, futures, CFDs, etc. or in gambling. Without any prior experience or knowledge of trading, the first step should always be to learn as much as possible about trading. But this is only going to get you so far, you need to get real trading experience to get better at it. For that I would recommend you start very small and spread your money out across multiple projects. Like that you will get the most experience from your money. If you are losing in trade, don't immediately just sell your position again to realise the loss. Make sure you understand where the loss is coming from. Is just a general market decline? Or is something wrong with the project itself? Did you make a mistake in your initial research? Maybe it was just a bad week for the whole crypto markets, and your investment is going to turn around when the markets rise again.

[batang_bitcoin]

One thing I would say is don't follow any group signal. They basically use us to profit themselves and get out of there quickly.

I might say the same advice for those that are trying to be a trader. They're going to milk a lot of money from you when you're ignorant of the sides of the crypto market. Even the news that you can get freely, they're going to send it to you just for them to have something to signal to you.
That's not even worth it at all and that's why if you happen to see people advertising some signals group, avoid them because they're not going to help you grow on this market and what they'll take from you is your money and after that you're a thrash to them.

[sulendra12]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Then by that logic if you invest with big amount then you lose it, then the impact to you is significantly higher and it might lead you to quit trading if you can't manage that high risk and just jump straight up with big capital. I'd recommend if you are new into trading then just learn with small amount first, so your motivation isn't that really affected if you lose and you might gain knowledge and experience by doing it small first.

[Negotiation]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Then by that logic if you invest with big amount then you lose it, then the impact to you is significantly higher and it might lead you to quit trading if you can't manage that high risk and just jump straight up with big capital. I'd recommend if you are new into trading then just learn with small amount first, so your motivation isn't that really affected if you lose and you might gain knowledge and experience by doing it small first.

Regardless of investment and trading without proper knowledge there is a risk of losing the amount invested. I agree in trading it is better to start with small amount then loss will go away in little time. If you invest a large amount first if there is a loss then the person will become depressed. Need to be able to make the right decisions or develop the best ones in the present that's why learning with little should go to the big.

[cute nmp]

One should learn alot about both fundamentals and technical as a trader. Make sure to practice on a demo account before using your real funds to avoid looses ,lastly use a very good risk management strategy so that your profits will always be more than your looses.

[Russlenat]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

I won’t advise someone to be a perfect trader since no one is capable to do that. But I have to encourage a trader to maximize experience in the market and learn from other traders experiences so that they can avoid losing too much of their funds which most happen to newbies who keep exploring the market without sufficient knowledge and trading experience. However, there’s is no trader that is free from losing, as those who have been successful traders these days have experienced limitless losses while they are starting in the market.

[DaNNy001]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Well spoken mate, and I know this because am also a victim of those of set person who taught that because I have traded a couple time and had profits it made me a good trader, well that's completely a lie because the world of trading is very technical and you have to be on the edge of complete learning before you can ever be ready for trading.

Not too long ago, I was discussing with a friend who is actually a real trader and by that I means knows the in and out when it comes to trading and I told him am also a trader too and he doubted me and he asked a few technically questions of which I failed to answer and he said to my face that am far from being a traded and I should probably stop now that the habit haven't yet ruined me.

[Bushdark]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

The only way we can keep making money from trading is for us to keep learning andokking for a better way for us to make money.
Trading is very difficult and we don't have to allow anyone to deceive us telling us that trading is less hard or very easy to make money in market. Once we have learnt how to trade very well, we need to make sure that we look for ways to get trading books and ebook that we can always read to keep our spirit high while learning more about trading.

[Japinat]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Trading requires long term planning and preparation before someone should take the risk in trading. It’s actually hard for starters but if you push yourself to trade more consistently despite of some affordable losses, that will make you become more experienced trader which I think could be a lot helpful to manage your trades in the next days. However, experience and knowledge are not enough. One should develop more skills and strategies to win a trade, thus learning the basics through technical, fundamental and sentiment analysis are very vital. If you can have that along with patience, most likely you will end up a successful trader.

[IvugeoEvolutionCoin]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is very risky for newbies but trading is not very difficult for those who have knowledge about trading. It is normal to lose profit while trading because no one can guarantee before starting trading that he will make profit from trading.  They will never be able to hold on to the money and risk all their trading money due to excessive greed.

[adpinbr]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

[Kelvinid]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Trading requires long term planning and preparation before someone should take the risk in trading. It’s actually hard for starters but if you push yourself to trade more consistently despite of some affordable losses, that will make you become more experienced trader which I think could be a lot helpful to manage your trades in the next days. However, experience and knowledge are not enough. One should develop more skills and strategies to win a trade, thus learning the basics through technical, fundamental and sentiment analysis are very vital. If you can have that along with patience, most likely you will end up a successful trader.

Well, the truth is that trading doesn't give us good results as we start but most are losses. If we are the type of trader who easily gives up because of experiencing losses, the more possible we never succeed in our life. Well, some people will say that trading can easily be learned as they just think that it is all about buying and selling. They are right but it never works that easily as we can't just simply buy/sell without any market analysis and this makes it hard for most traders. Many had entered trading without such knowledge which is not going to wonder why many newcomers fail and quit.

We just know how hard it is when doing an actual trade. Some traders become successful but yes, they are also suffering losses multiple times before they get this position.

[Lanatsa]

Becoming someone who really understands trading and how to do analysis is very difficult, it's easy to do it in just a short time. It takes a lot of theoretical learning, direct trials and seeing market patterns. Those who claim to be traders even though they have only traded a few times, they are only traders who understand selling and buying but not specifically how prices can go up and down. So it is not easy to become a trader who is truly a trader. Technical analysis, fundamentals, risk management, psychological management and many others must be studied and understood.

Trading requires long term planning and preparation before someone should take the risk in trading. It’s actually hard for starters but if you push yourself to trade more consistently despite of some affordable losses, that will make you become more experienced trader which I think could be a lot helpful to manage your trades in the next days. However, experience and knowledge are not enough. One should develop more skills and strategies to win a trade, thus learning the basics through technical, fundamental and sentiment analysis are very vital. If you can have that along with patience, most likely you will end up a successful trader.

Well, the truth is that trading doesn't give us good results as we start but most are losses. If we are the type of trader who easily gives up because of experiencing losses, the more possible we never succeed in our life. Well, some people will say that trading can easily be learned as they just think that it is all about buying and selling. They are right but it never works that easily as we can't just simply buy/sell without any market analysis and this makes it hard for most traders. Many had entered trading without such knowledge which is not going to wonder why many newcomers fail and quit.

We just know how hard it is when doing an actual trade. Some traders become successful but yes, they are also suffering losses multiple times before they get this position.

Expect something like this on which you should really be knowing that its normal to have those loses since we are just still new and not really be able to know on what are the things that do happen.
You do lack knowledge, experience,awareness, emotion handling, psychological aspects and other stuffs on which we do able to say that it is really just that normal since we arent that all knowing
being on which there are really things in life on which you would really be needing up to be wary on how you would really be able to deal up such things.

Advised on being a trader?

1. Learn up the basics
2. Minimize risks as much as possible
3. Emotion management
4. Fund management
5. Dont be greedy and knows on when to take profits

You would really be needing up such stuffs along the way and you soon realize it on the time that you would be stepping your foot into this market.

[Jody.Drummer]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Trading is very risky for newbies but trading is not very difficult for those who have knowledge about trading. It is normal to lose profit while trading because no one can guarantee before starting trading that he will make profit from trading.  They will never be able to hold on to the money and risk all their trading money due to excessive greed.

Yes but all people who have knowledge or those who have succeeded in becoming professional traders always start from a beginner who does not know anything about the world of trading, which means it is only a matter of time and when you are able to learn seriously then one day you will also be able to become like them professionals who have considerable knowledge about the world of trading, so it does not mean that trading is not for beginners because all traders always start their involvement as a beginner.

Trading is always about the activity of risking decisions that you can afford to lose at the end of the session, and it's clear as you say that no one can ever guarantee themselves a profit in their trading engagements. Trading is a risky part-time job and it means that you can only really make some pretty good profits to help improve or increase your financial strength when you are willing to learn the ropes, because by learning you will know what to do and what to avoid such as greed, and this will prevent you from losing a significant amount of money and you will be able to make some consistent profits as a reward for spending a lot of time learning.

[Bushdark]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Before anyone chose to be a trader, we must have review our risk and what we are actually looking for to get as result.
It is good to us to think very well before we ever going to learn how to trade because this would be the driving force that would help us to get to where we intend to get. It is good for us to review our decisions too so that we can earn more.

[Yamifoud]

A good advice for newbies:
 - stop dreaming about easy money, it never exists in real life
 - stop assuming that we earn a profit without knowledge of trading, it is impossible
 - lastly, don't rush instead, take time to decide

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Before anyone chose to be a trader, we must have review our risk and what we are actually looking for to get as result.
It is good to us to think very well before we ever going to learn how to trade because this would be the driving force that would help us to get to where we intend to get. It is good for us to review our decisions too so that we can earn more.

For some people, they put themselves to the test and try trading. It is very common to see and we just push ourselves to learn the basics of trading after losing. This is a wrong practice by most but I see the reason why it triggers such a situation because of attractive words coming from influencers saying there is easy money in trading. Quite not know how difficult it was in real life.

[Nazmul012]

As I'm not a successful trader till now, so won't have that much advise to give you. But as i experience, trading is trading and you need to have a mindset of loss in trading cause anytime situation can be changed, your easy trading could become trun into complex situation. And yeah, emotion is the main thing that you should need to control. It will force you to sell in lose. And patient is also important that plays vital role in trading. Without it, you can't profit. So you need to learn these things besides gaining trading knowledge

[Jatiluhung]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

Always keeping up to date with the latest news or information is indeed an important capital in preparation before trading and during trading. because analysis based on fundamentals always starts from gathering information. And usually the person who gets the information the fastest is the person who has the greatest chance of making a profit. As long as he can enter at the right time and leave at the right time. And what a trader must prepare is also emotional and financial management. And all of that is to maintain financial stability and mental stability for the trader himself. And I agree that greed is the thing that should be avoided the most. Because there are many cases of traders experiencing big losses due to greed.

[Fatunad]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

Always keeping up to date with the latest news or information is indeed an important capital in preparation before trading and during trading. because analysis based on fundamentals always starts from gathering information. And usually the person who gets the information the fastest is the person who has the greatest chance of making a profit. As long as he can enter at the right time and leave at the right time. And what a trader must prepare is also emotional and financial management. And all of that is to maintain financial stability and mental stability for the trader himself. And I agree that greed is the thing that should be avoided the most. Because there are many cases of traders experiencing big losses due to greed.

Making yourself that wary about fundamentals is also a good approach on which we know that TA+FA would really be always something needed up to be combined if its available. We do know that not all the time
this market would really be just that depending into TA but also there would really be those news that will really be making out such effect on the entire market. Just like the rest been saying that you would really be definitely be needing up for yourself to be that versatile on whatever the things that you would really be able to encounter and this is something a very recommended kind of trait for a trader to have.

You should really be that making yourself that get prepared for whatever things that you would really be able to encounter. Make back up plans from time to time because
we do know that this is something that you cant really be able to handle and guess out all the time.

[Mpamaegbu]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

I laugh when I read conclusions like that about trading. I laugh because loss is something that cuts across the entirety of existence in all that man does. It's not just about online trading alone, even traditional offline trading faces same; even structures like building projects face same. We see buildings collapse, meaning everything put into them come crashing too.

So it isn't recommend to trade if you don't know anything.

It's the same way nobody walks into a theatre and takes up surgical tools to carry out surgery on patients or goes driving without passing through driving tests. If anyone does any of those, the expectant result, we know what it should be. It's sad that people think trading that should guarantee them earning for life shouldn't be taken seriously. They think it's something they can get a mastery of within a few months. No, it doesn't work that way and that's why there are more losers than profitable traders.

[BD Technical]

I never support presentations in trading and there are many who do in training.  Because I lost a lot in training and made a lot of money by trading, I don't want many people to lose money for me or for others.  Because you can earn money by dating, just like you can earn money by trading.  In a fifty fifty chance you don't have time to lose more if you don't study if you have ideas.  There are many people who earn a lot of money by trading. It is very easy to earn money. It is not so easy to earn money.  When you invest your capital and lose money with academia, your spirit will be lifted and you will be lost in success and depression.  I don't want to be responsible for you in case you go into depression like this, in that case I must say that if you want to train, you must have baby basics.

[wiss19]

As I'm not a successful trader till now, so won't have that much advise to give you. But as i experience, trading is trading and you need to have a mindset of loss in trading cause anytime situation can be changed, your easy trading could become trun into complex situation. And yeah, emotion is the main thing that you should need to control. It will force you to sell in lose. And patient is also important that plays vital role in trading. Without it, you can't profit. So you need to learn these things besides gaining trading knowledge

As you are saying that you have not been able to become a successful trader so far, after reading your comment, I would like to say that you have learned the basics of trading and I hope that in the future forum can be very successful traders if you stick to these principles.

Apart from this, I would like to add some more things to your knowledge. If you want to become a successful trader, the first thing you have to stop doing is trading by following everyone's advice. As you know for any work we have to work hard ourselves, the same is trading also for that we have to search for ourselves.

[Natsuu]

Yes, my advice on being a trader you just have to focus very well and do a lot of research and analysis I have been trading for a while now and I have had a lot of experience a lot of losses and profit as occur in my portfolio but the thing is that if you are not ready to take the risk and to be Patience you can make anything good out of trading, and don’t actually be greedy. During trading greedy is one of the problem of traders a lot of things traders should know and it’s also good to ask expertise and also follow the current news and trend consigning Trading

"You won't master the market. You will master yourself so that when market changed, you can cope."
That's the advice. Yes you need to have a system or a strategy that has positive expectancy over a long period of time. Yet you also need proper mentality and you need to think in a way that is different from than 95% who fails in trading. You need to accept that trading is a long game and once you rush in, bad habits will creep in. Learn to manage emotion and expectations. Lastly, learn to detach yourself from money. That is very essential when you go then consider scaling your account.

[Dewi Aries]

As I'm not a successful trader till now, so won't have that much advise to give you. But as i experience, trading is trading and you need to have a mindset of loss in trading cause anytime situation can be changed, your easy trading could become trun into complex situation. And yeah, emotion is the main thing that you should need to control. It will force you to sell in lose. And patient is also important that plays vital role in trading. Without it, you can't profit. So you need to learn these things besides gaining trading knowledge

Yes, I understand what you are saying and that is good, which means that as a trader who is active in the market, we should not only think about profits, but on the other hand we also have to prepare ourselves to accept the facts about losses and this is a typical trader who is responsible for his own decisions. which comes with the goal of seeking profits like other people and also having good self-acceptance of the fact about losses which, however, have become an inseparable part of the world of trading.

Simply put, if you have the opportunity to profit then there will definitely be a risk of loss and good traders are those who can prioritize themselves in various ways to minimize the possibility of loss so that the amount of loss does not exceed the amount of profit obtained, or that means the amount of profit is much greater than the loss. . In various cases, emotions are always the main trigger for problems that make traders end up in bad situations such as experiencing MC, therefore it is clear as you suggest that having a good level of patience is an important aspect that all traders must have as one of the actions to minimize emotions.

[Ben Barubal]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

     You know it's true that trading can generate money and can be applied in this era, both traditional and online, because of the technology we have now in the generation we are facing. But of course we must have an idea or knowledge here because we know that it is impossible to be ignorant in this type of business industry.

     And you are also right that trading is also very risky because we are talking about money here, where if we make a mistake by buying crypto, our capital will just be dissolved, that's all, but if we choose to buy correctly because we have done research here, the result will be good for sure.

[MiF]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

[poodle63]

Trading is very risky for newbies but trading is not very difficult for those who have knowledge about trading. It is normal to lose profit while trading because no one can guarantee before starting trading that he will make profit from trading.  They will never be able to hold on to the money and risk all their trading money due to excessive greed.

I doubt even if its experienced and seasoned trader will find it easy to trade, the market sometime acts so randomly that making profit might depends on pure luck.
indeed there are some time where the direction of the market gonna be taking is obvious whether its gonna be bullish or bearish but as I've observed, it always have 50:50 chance of turning the other way around.
threfore I doubt that veteran trader as much as experienced they are finding it easy.
but I do agree with the fact that greed is such influential factor that could causes lost in trading though, indeed sometime newbies are just too greedy to want to be rich overnight the over leveraged their capital more than 25x and suddenly faces massive loss then they wonder what they did wrong and regret it.
just never over leverage guys in trading thats my main advise in being a trader.

[milewilda]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

Anything that involves on risking up some money to gain up money does really have that certain risks on which it would really be that understandable that you would really be needing up for you to get yourself that prepared for whatever things that you would really be able to encounter ahead. You cant just that make yourself that be thinking up that you could really be able to make good trades or able to acquire such skill in a short period of time on which we know that this is something that cant be possible. Advises would really be purely be that pertaining about on sustaining yourself into this unpredictable market.
Whenever you do experience loses then try out to check it out on what goes wrong, so that on next trade you would be making then you do know on what you should gonna do.

It all matters with that adjustment and with that kind of versatility because if you could really be able to find yourself on having that kind of behavior then
this is something that could make you sustain.

[AnonBitCoiner]

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

Trading is risky and we should take this risk after learning to overcome the risk because we have learned that nothing is impossible in this universe so if we try our best and learn strategies about trading then we can learn and trade to make profit.

We have to trade and not gamble so don't try to check your fate as in gambling you will lose more than you earn therefore there are lots of other ways to take advantage of trading instead of assuming it as a gambling.

Risk is in every field so we will not leave risky fields but it is also not a good idea to enter into the risky field without any equipment so learn well and then take the risk.

[Y3shot]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

Because trading is risky that is not a guarantee for traders to just enter the market because they want to take risk to make profit. Trading is risky but the risk in trading can still be minimise by learning more about trading. In fact everything about making money is risky but when trie to acquire knowledge it helps in reducing the risk of losing money in trading. Trading being risky doesn't mean people needs to come in with no knowledge thinking taking risk is also a way money can be made. Trading is not gambling but a skill that people learn to acquire knowledge to make it easy to gain profit.

[Dewi Aries]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

Because trading is risky that is not a guarantee for traders to just enter the market because they want to take risk to make profit. Trading is risky but the risk in trading can still be minimise by learning more about trading. In fact everything about making money is risky but when trie to acquire knowledge it helps in reducing the risk of losing money in trading. Trading being risky doesn't mean people needs to come in with no knowledge thinking taking risk is also a way money can be made. Trading is not gambling but a skill that people learn to acquire knowledge to make it easy to gain profit.

Of course it is true that trading is a risky activity, no matter who you are, whether you are a beginner or even a professional who already has a lot of experience in the world of trading, in the end you will definitely experience occasional losses. Yes, it's true that everything that involves money is usually risky in any case and trading provides the opportunity for profit to all the typical traders involved as well as providing the possibility of loss but the difference is yes, obviously you have also said the right thing above that by studying various related things about trading such as strategies or other things that are useful as preventive measures that lead to risk management, it is clear that this knowledge will be able to minimize the possibility of our losses. Smart and understanding traders are those who are always willing to learn various things, because trading is not only about the opportunity to make a profit, because trading can also be an activity that is dangerous or even destroys your life from a financial perspective if you treat it in the wrong way, so Of course, the key is to have a strong intention and determination to learn so that we can gain a lot of knowledge to be able to get maximum profits and also minimize the number of losses.

[AmoreJaz]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

If you are a beginner and want to explore the world of trading, use spare money to gain knowledge from this market. Because losses will always be there even if you say, you already read a lot of books about trading. Crypto is a volatile market and the market behaviour of every alt can't be found in those books. It depends on a lot of factors.

Performance of crypto depends on -
> actual developments of the project - actual product/service
> marketing
> professionalism of the dev team
> actual use case of the project
> extent of supporters
> presence in top trading platforms
> and to top it all, definitely, the supply and demand of the coin/token

[Baki202]

If you are a beginner and want to explore the world of trading, use spare money to gain knowledge from this market. Because losses will always be there even if you say, you already read a lot of books about trading. Crypto is a volatile market and the market behaviour of every alt can't be found in those books. It depends on a lot of factors.

Good to explore but explore with brains and explore when you have gotten enough knowledge so that as you are exploring your exploration should come with profit, doing try and error wont pay and the best thing you can do is to know what you are doing and get serious in business because losing money in this economy is not really an option so personally am against exploration i will call that waste especially when i lose money,  loses will happen but it should be minimal and proper procedures should be followed since the entire business is a risk so it will be better to do what is right always.

[YOSHIE]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

I might have to second your idea, high risk crypto trading, for that what you say is related.
For this reason, my advice is for beginners who are new to crypto if they have minimal trading knowledge, It's best to do an investment method at first, I think this investment method is more successful for many beginners.

I think investing is not as risky as trading, you just need to look at the types of crypto that have potential and good opportunities in the market to make good profits, that way I think it's good, Of course, trading knowledge continues to be developed, when trading knowledge is solid, step by step you enter into trading on a small scale.

[Bushdark]

If you are a beginner and want to explore the world of trading, use spare money to gain knowledge from this market. Because losses will always be there even if you say, you already read a lot of books about trading. Crypto is a volatile market and the market behaviour of every alt can't be found in those books. It depends on a lot of factors.

Good to explore but explore with brains and explore when you have gotten enough knowledge so that as you are exploring your exploration should come with profit, doing try and error wont pay and the best thing you can do is to know what you are doing and get serious in business because losing money in this economy is not really an option so personally am against exploration i will call that waste especially when i lose money,  loses will happen but it should be minimal and proper procedures should be followed since the entire business is a risk so it will be better to do what is right always.

Ome of the advise I always have for newbies is to always learn and not try to make money from trading when they don't have the right skill to help them continue. It is very important for us to watch ourselves and do things that would be beneficial to us rather than trying to win by all means we one has not even gotten the actual skill that would make them scale through. The path to a successful trader is not about just about learning but trying to put things in practice for a bigger and better rewards.

[2Pizza410000BTC]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Actually trading platform is not an easy way to make money, it is very difficult to make money from trading platform. I think people who consider trading platforms as an easy way to make money are completely wrong. But yes those who are experienced with trading platform can easily earn money from trading platform but in this case should have experience of trading platform. Before trading I would definitely advise a trader to follow all the trading strategies before coming to the trading platform. But all the strategies are very essential that if you don't follow you can't be successful in trading platform, all the strategy is not to be too greedy, you can't be too greedy in trading platform, if you are too greedy in trading platform, he will definitely lose money. Secondly the trading platform cannot be traded with emotion because whenever the trading platform is traded with emotion a trader can lose everything. It is always better to control your emotions in trading. Third, understand market volatility. Thus there are many strategies to trade and if all the strategies are mastered then money can be earned from the trading platform. Also lastly the trading platform should learn to be patient and never lose patience.

[Adams0001]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

Actually trading platform is not an easy way to make money, it is very difficult to make money from trading platform. I think people who consider trading platforms as an easy way to make money are completely wrong. But yes those who are experienced with trading platform can easily earn money from trading platform but in this case should have experience of trading platform. Before trading I would definitely advise a trader to follow all the trading strategies before coming to the trading platform. But all the strategies are very essential that if you don't follow you can't be successful in trading platform, all the strategy is not to be too greedy, you can't be too greedy in trading platform, if you are too greedy in trading platform, he will definitely lose money. Secondly the trading platform cannot be traded with emotion because whenever the trading platform is traded with emotion a trader can lose everything. It is always better to control your emotions in trading. Third, understand market volatility. Thus there are many strategies to trade and if all the strategies are mastered then money can be earned from the trading platform. Also lastly the trading platform should learn to be patient and never lose patience.

Anything they said is a business or an investment, it will not be easy to attain your goal. You will have to face many problems and learn more about it before you can fully comprehend the system and make a profit. You are correct that trading is not a one-day work that you will be profitable on when you first start. Trading is very nice when you understand everything about it and start achieving something on it. Many people see trading as an easy thing because if you simply explain that someone will be rich on trading when you are on it. Before someone can commit themselves in trading, they should have a source of money so that if they lose, they can get another money to replace the losses, Second, he should not simply risk his funds without first gaining knowledge about it, because if you don't understand something and try to do it on your own, you will almost certainly make mistakes and lose all of your funds because it is not like an investment that can reduce your risk.Second, he should not simply risk his funds without first gaining knowledge about it, because if you don't understand something and try to do it on your own, you will almost certainly make mistakes and lose all of your funds because it is not like an investment that can reduce your risk.

[Jody.Drummer]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds. So it isn't recommend to trade if you don't know anything. But I don't support the idea "Doing trades with small fund and keep learning". Cause thus i made loss continuesly. i know a traders need to know technical, fandmental analysis, need to check news and many more. So What things do you follow and advice before open a trade?

We all know that trading is a very risky thing but we also know that if we cannot take risk then we cannot earn, if we don't gamble or make a risky decision then we can only earn a small amount or profit, so for me we need to take risk and we need to do trading in a very careful way with proper understanding, risk is always there but experience is always a good way to know more about making a good decision in the future so just continue and get a lot of experience for good.

If you are a beginner and want to explore the world of trading, use spare money to gain knowledge from this market. Because losses will always be there even if you say, you already read a lot of books about trading. Crypto is a volatile market and the market behaviour of every alt can't be found in those books. It depends on a lot of factors.

The risk or possibility of loss will never depend on how much experience  and knowledge you have about the world of trading, trading is not an activity that can be predicted 100% accurately, which means that all traders, including experienced ones, will definitely experience losses, but it is possible The losses they experience will not be too frequent and will also not be too significant because they are able to minimize them with the knowledge and knowledge they have. In the end, the market will always be fluctuating, which means that a trader's decisions can sometimes be wrong and end in losses. And one of the things or reasons why we are always advised to always try hard in studying is not so that you can completely avoid the possibility of loss but so that  the amount of loss you experience is not too significant  which will allow you to still be able to maintain your advantage in terms of profits, or Simply put, the amount of loss you experience does not exceed the  profit you have earned.

[Natsuu]

Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.

I might have to second your idea, high risk crypto trading, for that what you say is related.
For this reason, my advice is for beginners who are new to crypto if they have minimal trading knowledge, It's best to do an investment method at first, I think this investment method is more successful for many beginners.

Investment is far more different from trading. It's longer term it's less riskier that you can only lose money if you sell your coin in a negative gain out of fear. Other than that, time is your ally in investing and as much as your coin have great future then what you just need is patience. However in trading, you are battling in the intraday fluctuations in price. It is riskier and with the available leverage you can make more money in a matter of seconds.

That's why if you just want to learn how price moves, start trading because price is fractals. It is faster so you can learn faster because what happens in lower time frame also happens in higher time frame. In investing there will be less learning due to time, yet your money can sit in for a longer period of time.

[livingfree]

Investment is far more different from trading. It's longer term it's less riskier that you can only lose money if you sell your coin in a negative gain out of fear. Other than that, time is your ally in investing and as much as your coin have great future then what you just need is patience. However in trading, you are battling in the intraday fluctuations in price. It is riskier and with the available leverage you can make more money in a matter of seconds.

Those that are no good in trading, they can always show their interest into investing and this is way safer than getting all of the risks in daily trends of the market. Though, there's also risk in investing but you can bear with that and learn from it later on as if you've taken no risk at all because it's more chill than the usual.

That's why if you just want to learn how price moves, start trading because price is fractals. It is faster so you can learn faster because what happens in lower time frame also happens in higher time frame. In investing there will be less learning due to time, yet your money can sit in for a longer period of time.

At the same time, for the aspiring traders that don't want to take risk as they learn trade. They can test out with the features of demo trading offered by exchanges.