Trading advices needed

[cheneah]

Many novice traders are afraid of uncertainty and risks of the foreign exchange market.When bidding begins successfully, traders often forget about the previously set goals, hoping for the same successful continuation.  Before you start trading, you should determine how much of your own money you are willing to risk and what profit you expect. This will be your balance of risk and profit. Successful traders never enter trades without a clear goal.

[koplak]

hello everyone!
I am quite new to the cryptos, however Im very interested in learning and discovering the trading process of cryptos!
Therefore, I would like to ask crypto traders for some advices about how to better learn the trading process and how to start trading. Thanks in advance!

if my advice is, before you start trading, you better do research on altcoins in the market, and you can see the movements of the coins, and after you know and memorize the coins in the market, you can start to do trade, but you don't use big capital before you can really trade well.

[cheneah]

The increase in trading volume caused by a much-publicized event leads to the movement of prices.Accept the possibility of losing your money as an inevitable fact.The basic rule of online currency trading is to keep the profit above the losses.

[Speaker]

Study this topic.On the Internet many videos and sites with relevant information. Try trading on a demo account-many exchanges allow it.

[Zipposs]

You can start checking out these guys: https://discord.gg/2cjRufh [nofollow]. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!

[Speaker]

You can start checking out these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!

You are not tired of advertising this service.I see you everywhere.) Let users try to trade themselves, not blindly believe everything they are promised.

[Bit]

As a trader, you must consider a variety of factors when determine in what way you will begin to do trading activity. Here some factors that you should think firstly:
1. Account size
2. Amount of time that can be dedicated to trading
3. Level of trading experience
4. Personality
5. Risk tolerance

And after you determine it, you can see in what trading style you can be suit. Here are some trading style:

1. Position Trading
Position trading encompasses the longest trading time frame; trades generally span a period of months to years. Position traders may use a combination of technical and fundamental analysis to make trading decisions, and often refer to weekly and monthly price charts when evaluating the markets. Typically, short-term price fluctuations are ignored in favor of identifying and profiting from longer-term trends.

2. Swing Trading
Swing trading refers to a style of trading in which positions are held for a period of days or weeks in an attempt to capture short-term market moves. In general, swing traders rely on technical analysis and price action to determine profitable trade entry and exit points, paying less attention to the fundamentals. Trades are exited when a previously established profit target is reached, when the trade is stopped out (moves a certain amount in the wrong direction) or after a set amount of time has elapsed.

3. Day Trading
Day trading refers to a style of trading in which positions are entered and exited on the same day. Unlike position and swing traders, a day trader does not hold any positions overnight, and all trades are closed by the end of the trading session using a profit target, stop loss or time exit (such as an end-of-day exit). Day traders typically use technical analysis to find and exploit intraday price fluctuations, viewing intraday price charts with minute, tick and/or volume based charting intervals.

4. Scalp Trading
Scalp trading is an extremely active form of day trading that involves frequent buying and selling throughout the trading session. Scalp traders target the smallest intraday price movements and rely on frequent and very small gains to build profits. Profit targets and stops are used to manage positions that are generally held for a period of seconds to minutes. Because gains are small on any one trade, scalpers may place dozens or even hundreds of trades each trading session; as a result, it's imperative that scalpers have access to low trading commissions.

5. High-Frequency Trading
One other style of trading that we'll mention here is high-frequency trading (HFT). These traders use complex (and typically proprietary) algorithms to analyze multiple markets and execute orders based on market conditions. Because the traders who have the fastest execution speeds are the most profitable, independent traders trading from home simply cannot complete. As such, they stay away from this style of trading.

Read more: https://www.investopedia.com/university/how-start-trading/how-start-trading-trading-styles.asp

[Malyaa]

I thought before you put your money in krypto, for me you can understand a lot of learning about trading, so you will also be easier by getting krypto.

[Dinaflorean]

if you want to start trading before, you can find more info about exchanges and what coins have good movement potential

[Zipposs]

You can start checking out these guys: https://discord.gg/2cjRufh [nofollow]. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!

[Cruelmes]

 If you want more help with trading and want to join a group of cryptotraders then you can join this group I am in https://discord.gg/HSMHyCy. They have a voodoo library which has a tonne of useful information for traders, some have been mentioned in this post and there is a lot more not mentioned here. It is a growing and healthy community and everyone helps the new people out so it would be great for you I think.

[agusiska]

do learn more on many article or web about trading, you cant learn by someone word except you practice trade by yourself, but i think besides learn more there is 2 important think about tradeing, first by feeling, second by analyzing, good luck.

[Speaker]

do learn more on many article or web about trading, you cant learn by someone word except you practice trade by yourself, but i think besides learn more there is 2 important think about tradeing, first by feeling, second by analyzing, good luck.

To trade you need only practice, a clear strategy and compliance with risk management, money management.That's important.

[Infernon]

Understand you...

[Lanirex]

Cryptocurrency trading cannot be learned briefly, it requires experience and high flying hours if you want to become a professional Cryptocurrency trader.  And that we can achieve if we are serious about learning, consistent and never give up. Because usually for beginners, if you have experienced a loss in Cryptocurrency trading, you immediately go down and are afraid to enter trading again.