Be knowledgeable before thinking of trading.

[Penlex_Writer]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

[Charles-Tim]

You need to work on your content construction. Also you need to learn about the risk management in trading before giving anyone advice. The topic is too basic and also not well explained.

you must know the broker to trade with

This is not forex or those traditional markets that require brokers. Crypto traders make use of crypto exchanges. Although, some brokers may list bitcoin and few other cryptocurrencies.

[JusticeDeGreat]

Risk management in trading is very important,  and can help one to endure when the trading turns out unprofitable.  With patients, the ability to wait and act at the right time is also knowledgeable.  Financial Management will also help one to start small and make good progress in trading.

[Penlex_Writer]

Risk management in trading is very important,  and can help one to endure when the trading turns out unprofitable.  With patients, the ability to wait and act at the right time is also knowledgeable.  Financial Management will also help one to start small and make good progress in trading.

risk management is always considered,the risk brings out the rewards.

[Penlex_Writer]

You need to work on your content construction. Also you need to learn about the risk management in trading before giving anyone advice. The topic is too basic and also not well explained.

you must know the broker to trade with

This is not forex or those traditional markets that require brokers. Crypto traders make use of crypto exchanges. Although, some brokers may list bitcoin and few other cryptocurrencies.

i totally agree with you,the risk management needs a proper understanding before thinking of going into.

[TomPluz]

As what I understand, trading is a never-ending cycle of learning...aside from technical matters you will also learn a lot from your mistakes especially when you made a loss and then you also learn from the strategies as well as mistakes of other traders. Now, actually you don't have to be a genius to start trading as long as you really have the passion, time and some capital that you can use in this industry. Trading is open to anyone but of course trading is not for all people as this is not as easy as walking in the park and yes there are many opportunities for wealth generation here as well as many possible risks involved. So one has to be careful while looking forward to soon experience financial freedom gained from working anywhere and anytime you wanted to.

[milewilda]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

Just total a basic stuff but tons of people who do failed up with this basic thing because they dont able to assess themselves on what are the things they do need for them to be able to sustain. You would definitely be having some issues at the time or moment that you dive in directly without proper knowledge. On the moment that you do make  some involvement with trading then make it sure that you do at least made out some research on what it is all about and even reading up with others experiences too. Having some awareness will really be that good into this aspect.

[gunhell16]

Having a proper risk management is for sure a big help to anyone who wants to be a trader in the field of Crypto or Forex. Because if you don't know or learn this, I think you will still be lacking as a trader. Then you should also know the characteristics of a responsible trader.

It's not enough to just have knowledge or deep ideas about trading, you should know the real cycle or movement when you are actually in the actual
momentum of crypto trading.

[Findingnemo]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

You opened quite a few threads recently which all seem too generic and mostly you are mentioning stuffs that are not related to crypto in particular for example you here mentioned 'Broker' which is not a thing in crypto trading, you either trade via exchange or p2p platform so there is no missle men like brokerage for stock trading. You must learn something before advising others or just ask the question instead of educating others.

[ZAINmalik75]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

In crypto trading knoweldge of crypto brokers to trade with is not necassary because these brokers will fish you with high leverages and newbies should not do leverage trading instead they should do spot trading on tier 1 centralized exchanges if they prefer anoynmity then decentralized exchanges. This can save them the effort to find the best broker and the fees and from the fraud too.

Other than broker knowledge we certainly need basic trading knoweldge and that after buying we have to control our emotions too. Most of the newbie book early and leave the token with lesser profit some sell in lose because they think another coin can make them more profit.

[Gurujebs]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

Anyone can trade but not everyone can make profit. If you want to make money from trading, you must equipped yourself with Trading knowledge, the basic to the top of your game otherwise you will lose everything, I mean literally everything that you used in trading if you are not careful, it looks so easy when you look at it but complex when you spend time in it.

The illusion of bull run makes people want to believe that trading is not hard because you can make profit easily but that's not how it work, bull run is just one season of the market, there are other phase that are not full of roses.

[yhiaali3]

Yes, trading is not just a fun outing to make easy money, it is a long journey of learning, patience, mistakes and learning until you gain the knowledge and experience that qualifies you to be a good trader.

The first step in trading is learning, many people make mistakes and start trading immediately without knowledge because they think trading is easy, it is just buying at a low price and selling at a higher price, when they start receiving successive losses they realize their mistake and realize that trading is much deeper and broader than that.

[Azharul]

Actually, trading is one of the best earning process in cryptocurrency market. Because we know that many professional traders could be earn best profit from cryptocurrency market. So if we want to a successful traders, we must be understand in cryptocurrency market and trading system. Because if we can not acquire knowledge from cryptocurrency market or trading system, then earn best profit from cryptocurrency and trading will be very hard for us. So I believe that acquire knowledge in cryptocurrency market and trading is very important issues for earn best profit.

[target]

The users new to crypto find it hard to begin trading when they couldn't find a real tutorial on YouTube. Not realising the day trading tutorials about Forex trading is not so different in crypto. They both have same trading view utilities and same indicators that works for any market.

Learning to be a trader can be done by buying trading tutorials on udemy.com.

[DragonF]

Yes, trading is not just a fun outing to make easy money, it is a long journey of learning, patience, mistakes and learning until you gain the knowledge and experience that qualifies you to be a good trader.

Even if you become a good trader, you will continue to learn and gain experience. I do not believe there will be any trader who is so good that he has nothing to learn again. However, it is proper to understand the fundamentals of trading, and as you mentioned, patience is essential for learning the fundamentals. Thereafter, experiences can be gained and other knowledge can be formed the more he trades.

The first step in trading is learning, many people make mistakes and start trading immediately without knowledge because they think trading is easy, it is just buying at a low price and selling at a higher price, when they start receiving successive losses they realize their mistake and realize that trading is much deeper and broader than that.

This mistake is so common because people are always eager to make money, so they try to avoid the learning process as much as possible in order to start earning right away. In some cases, they rely on an expert trader to trade for them or give them instructions on how to trade in order to make immediate gains, but they still feel the gap when they try to trade for themselves because they ignored learning the fundamentals.