Trading Tips for newbies

[btcto200k]

The internet is your best buddy. If you want to learn to trade, you gotta learn by doing. Its not going to come automatically. The only way out is to trade and learn from your mistakes.

Having said that, start with a small account. DO NOT TRADE ON TESTNETS.

While they might be useful to start with and familiarise yourself with the order placement procedure and what not, they do not help you in the real world to make money.
You might make a lot of money on the testnet, but it will be difficult to implement the same strategy on real accounts.

Grasp all information that you can on trading and get better at it day by day. To shortern the learning curve, you might want to check the 'The Trader's Perspective' series on https://bbod.io/blog [nofollow].

Pretty cool platform imo.

But always, DYOR. Happy trading! 

[Cro_67]

My simple advice would be to just have a clear motive entering each trade.

Couldn’t be simpler. This is the most basic thing that any trader needs to be careful of.

[Vlad Kucher]

thanks for the info!

[Roman Snik]

I think, that first post with tips need some updates about exchanges, half of them is a not good for trading now

[Cro_67]

I think, that first post with tips need some updates about exchanges, half of them is a not good for trading now

What changes are you exactly talking about? Please elaborate.

[Haider2.0]

Before stepping into trading or investment, make sure you have proper knowledge of these two, if you lack the knowledge, a little mistake can cause you very great loss. So be careful.

[Michael.sol]

Binance , Kucoin as well yobit is one of the my favourite exchange for trading . Mostly time I used binance because of its leverage and margin trading faculties .
Bittrex is also a good exchange , because my elder brother used it.

[ttcsalam]

This is a good post and informative post for many newcomers like us.A lot of good quality exchange data was found.