Simple practices to improve trading.

[Litzki1990]

I agree more with those of you who suggest trading directly without having to try first. In fact, if your budget for trading is very small, you can use a small amount of funds first and think of it as a cost of learning to understand the world of trading. whatever the outcome, you will still learn valuable lessons from every decision you make, therefore you will grow and develop when you are ready to develop and grow.

Trading directly using limited funds and it will be an experience that will make one learn how to trade well.
But after all the theory is also necessary even if it is only basic, because without theory trading will not find its point of achievement.

When some theory is applied and trading directly is done then this will provide good knowledge and experience.
I also do that and try to understand theories or techniques of analysis and fundamentals and hone my psychology.

Learning trading is a good thing when investing in the crypto world. I also tried to learn some trading analysis and practice controlling emotions when trading, but experienced several failures because sometimes greed makes us unable to make rational decisions..

Our teacher always told us that you should keep learning every moment of your life and never think that your education is done. I still remember my teacher's words and I still use his words to tell others that there is no end to learning. A person has enough knowledge about trading but if he thinks that he has enough knowledge that he doesn't need more knowledge then he will fall behind others. I have enough idea that I should mature this idea more and so that I can turn this idea into my confidence and apply my skill to do that job. So we have to learn and try to learn in future.

[milewilda]

I agree more with those of you who suggest trading directly without having to try first. In fact, if your budget for trading is very small, you can use a small amount of funds first and think of it as a cost of learning to understand the world of trading. whatever the outcome, you will still learn valuable lessons from every decision you make, therefore you will grow and develop when you are ready to develop and grow.

Trading directly using limited funds and it will be an experience that will make one learn how to trade well.
But after all the theory is also necessary even if it is only basic, because without theory trading will not find its point of achievement.

When some theory is applied and trading directly is done then this will provide good knowledge and experience.
I also do that and try to understand theories or techniques of analysis and fundamentals and hone my psychology.

Learning trading is a good thing when investing in the crypto world. I also tried to learn some trading analysis and practice controlling emotions when trading, but experienced several failures because sometimes greed makes us unable to make rational decisions..

Our teacher always told us that you should keep learning every moment of your life and never think that your education is done. I still remember my teacher's words and I still use his words to tell others that there is no end to learning. A person has enough knowledge about trading but if he thinks that he has enough knowledge that he doesn't need more knowledge then he will fall behind others. I have enough idea that I should mature this idea more and so that I can turn this idea into my confidence and apply my skill to do that job. So we have to learn and try to learn in future.

In life then learning is really that a never ending thing then how much more in trading on which market variations would really be that different from time to time. There's no way that it would really be fixed on which it would really be just that normal that you would really be needing up to consider yourself on being versatile and would really be that easy to adapt on things because if you dont then you would really be finding hard to sustain yourself into this space. This is why it would really be that important that you should really know on what you are doing.
You might be good at theories but other learnings could really be only acquired through real experience or dealing up with the market.

[ajiz138]

First, they must have knowledge about trading and that concerns everything, apart from that, they must start practicing it because we cannot deny that practicing it is more complicated than just reading books or watching videos, or in other words just theorizing.

We have to study all this seriously, and it will definitely take a long time. If we want to master it in a short time, then that seems impossible, unless we really have very high intelligence.

Yes for trading we have  to study seriously and definatly it will be for long time. Study and practice cam make a person as a good trader. To be a good trader need more and more practice. So we know that many exchanger started demo trading system for practice. I think you told perfect.

Usually more people will eventually give up on the process they are doing, because long periods of time sometimes make us bored and that will encourage us to stop, so a strong mentality is also really needed when we learn.

We usually want to get things very quickly, and that is human nature. This is something we have to fight against, because it usually tends to dominate our minds.

[Jamal Aezaz]

Usually more people will eventually give up on the process they are doing, because long periods of time sometimes make us bored and that will encourage us to stop, so a strong mentality is also really needed when we learn.

We usually want to get things very quickly, and that is human nature. This is something we have to fight against, because it usually tends to dominate our minds.

Before investment a person should have complete knowledge that without holding longer he cannot be successful in getting his aim so he will not be bored when he trusts his hold coins as well as examining the market changes which will lead to his target value.

An extra amount, a brilliant mind full of knowledge and patience can help you to keep your coin holding so if you have these qualities then nothing can make you bored.

It is human nature that he desires to earn quickly without waiting for proper timing but this is the term greed and I never saw a person with greedy thoughts who succeeded in his work and you will be similar that those become professional traders or investors who use knowledge instead of prefering their greed.

[Gurujebs]

Usually more people will eventually give up on the process they are doing, because long periods of time sometimes make us bored and that will encourage us to stop, so a strong mentality is also really needed when we learn.

We usually want to get things very quickly, and that is human nature. This is something we have to fight against, because it usually tends to dominate our minds.

Between holding and trading, people tend to runaway from the two quicker than we expect most especially the newbies because they don't have what crypto need. They lack patience to hold and patience to trade, they just think you can plug money from this space and become a millionaire over night but this things take times. Sometimes, I do have thought about teaching people how to be patience before putting money into crypto, it will help them navigate through any negative thoughts of abandoning crypto when they experienced small loss.

[Captain Corporate]

I still quite emphasis on demo trading as one of the best ways. I get that people do not like it, but I have been doing it for nearly 10 years, probably more and it has helped me a lot. I have started demo trading at stocks actually, way before crypto and its really a good way. It allows you to learn the ways and when you feel like you are ready then you can do it. Seeing this many people thinking that demo isn't helpful makes me sad, maybe people are using it the wrong way I do not know, but you should know that its not really that bad and you should be getting something good in return, you learn by using that.

[taufik123]

I still quite emphasis on demo trading as one of the best ways. I get that people do not like it, but I have been doing it for nearly 10 years, probably more and it has helped me a lot. I have started demo trading at stocks actually, way before crypto and its really a good way. It allows you to learn the ways and when you feel like you are ready then you can do it. Seeing this many people thinking that demo isn't helpful makes me sad, maybe people are using it the wrong way I do not know, but you should know that its not really that bad and you should be getting something good in return, you learn by using that.

Actually, there is nothing with the use of demo trading, instead it helps to hone analytical skills and apply trading strategies before making real trades in the market.

This is a trial and error that needs to be done, but don't just be fascinated and at home with demo trading,
occasionally you have to make real trades to test your trading mentality, so that trading psychology will be formed.

Do not have to use large funds, just with a little money you have, then you can apply to real trading.

I did all the trading self-taught and started with demo trading, then started with real trading and it made me continue to learn how to do technical and fundamental analysis and learn to manage trading psychology during market pump and dump.

[MrSpasybo]

Between holding and trading, people tend to runaway from the two quicker than we expect most especially the newbies because they don't have what crypto need. They lack patience to hold and patience to trade, they just think you can plug money from this space and become a millionaire over night but this things take times. Sometimes, I do have thought about teaching people how to be patience before putting money into crypto, it will help them navigate through any negative thoughts of abandoning crypto when they experienced small loss.

I believe that each investor is suited for a specific activity in the market: holding or trading. Both holders and traders can earn significant profits in this market, as long as they have sufficient experience in market analysis and risk management. Shitcoin holders can also suffer losses, while highly disciplined traders can still achieve huge profits. The difference between losses and profits is created by experience, and experience only comes from the time that investors spend in the market, and it goes hand in hand with patience as you mentioned.

Typically, investors often FOMO and rush into investments to make a profit. They usually only start to take it more seriously when they suffer losses and see the harsh realities of this market. They have paid a high price to understand that this market not only has opportunities but also risks, and they are not lucky enough to get rich in the crypto market.

[milewilda]

I have did with all step above but can running smoothly and always get failed, I am interested with trading challenge and has limitation around one week should earn profit around $500 to $1000. Firstly is running well and the first week my challenge success get profit almost raise $1k but on second week get problem how easily my coins trading drop drastically, not use feature stop loss and should be long term holder without unpredictable when recovering of my altcoin or bitcoin assets.
Need to deposit another fresh money and forget with some coins assets dropping, but I doubt will get the same with my last capital just taking profit in the firstly week than loss?

Thats what makes trading as a hard thing and not something that could really be that easily be able to handle by any trader on their first tries or on the moment that they would be deciding on dealing up with trading or simply with this volatile market. You cant really just that make yourself that easily become that too good or something profitable on the moment that you would be doing trading. It would really be taking up some time before you would be able to have a good grasps in the market on which it would really be that understandable that loses would really be part of learning. There are really just those people who are really that expecting too much on things.

[BitMaxz]

I believe that each investor is suited for a specific activity in the market: holding or trading. Both holders and traders can earn significant profits in this market, as long as they have sufficient experience in market analysis and risk management. Shitcoin holders can also suffer losses, while highly disciplined traders can still achieve huge profits. The difference between losses and profits is created by experience, and experience only comes from the time that investors spend in the market, and it goes hand in hand with patience as you mentioned.

Typically, investors often FOMO and rush into investments to make a profit. They usually only start to take it more seriously when they suffer losses and see the harsh realities of this market. They have paid a high price to understand that this market not only has opportunities but also risks, and they are not lucky enough to get rich in the crypto market.

Holders or investors I don't think they have a risk management skills most of what I know they are risk takers they invest randomly into any project without DYOR or any fundamental analysis that is the one thing that I heard from them but as they said they earn more from the long term holding even the other coins or shitcoins they hold never made a profit they can made a huge profit to other coins they hold. The advantage of investing and as a holder is that they can buy a coin at a very low price and make a huge profit after holding them for the long term. It's different for a trader who does technical analysis and they do have a specific time to hold a position or they target price before they close their position as a trader emotion is one of the hardest things to control if your mindset and target is to make profit if that is your mindset then you will never made a good profit in trading.