Re: Where to learn how to trade

I know this may seem like something that is easy to find with google but I am having a difficult time finding a good forum or website where trading strategy is the primary goal and I can improve my skills. I used to play online poker and stopped after Black Friday.

My question is are there any websites that are like the 2+2 forums, card runners or deucescracked etc.? Where have you gone to learn about daytrading cryptocurrencies?

I got into this a little over a month and half ago and while I am up because of just a lucky decision or two I am quickly going to lose my ass if I don't figure out some sort of effective strategy.

In short, I suck at this and really need some help.

Thanks

Edit: Before someone replies I just want to throw this out there, I'm pretty sure this is a good website to learn about coins and what not and I come here everyday but I have a very hard time sorting through the bullshit. Obviously this place might be a great place but I might be in the wrong sections.

Investopedia is a great resource. I used them a lot when I was learning to trade and still use them a lot today.

I would recommend reading about fundamental and technical methods of determining an asset's value and analyzing its price movement. I would also read a lot about value investing. It is important to learn how to take advantage of disparities between price and value.

I also highly recommend practicing paper trading before you risk real money on trades. You can do that here:
www.demoinvestor.com

I did that for a few months before I started trading with real money and it helped a lot. Paper trading can be a valuable tool.

Anyway, my number one piece of advice would be to be patient and take your time with everything. Be cautious, and don't let emotion drive your decisions.

The best way to learn on how you can trade is to look for someone that is already trading, with that you can ask him or her to share his or her experiences when it comes to bitcoin trading.By that you can receive a first hand information and you will be able to learn how to trade bitcoin.

That's right its always good to take an advice from expert who is into trading world since long time as he will share his real life experience which can help you in understanding the concept of trading and more knowledge you always have an choice to look for videos on youtube.