I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
Here is some simple advice that I can give you from my time trading that I wish I had heard on day 1 when things were a lot cheaper in the market...
A) You need to set stop losses, but not so unreasonably close... part of trading is making mistakes.. you try to limit them but you have to be willing to take losses when you chose wrong... but you cant put them at super obvious spots either so you may have to be willing to take 8-9% loss to avoid whales pushing into stops for liquidity to buy.
B) You can't have portfolios all in alt coins, this market especially when bear likes to move money around and scalp it off of noobs. Notice how most things over the last few months kind of go up and then low volume drift sort of around where they started, this is caused by whales scalping and noobs losing money and afraid to touch them again.
c) To go along with A... you will make bad decisions, but its like the house of a casino, you just have to win slightly more than you lose.. trading is a law of averages game, and requires discipline so you don't have 10 dynamite trades then lose it all on trade 11... have conservative rules in place for taking profit and what to do when you are wrong, and never ever deviate from them.
D) Don't fall in love with altcoins, we all love to speculate but trading off of charts and rules doensn't allow the freedom for exceptions.. and if youre letting go of all of your discipline over 1 or 2 shitcoins, then thats just enough to start making you lose more than you win.. you're on team "You" not team "insert shitcoin name here".
Basically trading has tons of rules, but personal disciplines are more important... charts have a way of showing your bias, and if your biased towards it always going up or down, that is all you will ever see.. so its important to have the right mindset of a trader over understanding the tools they use.
Good luck.