Re: Why do Crypto Traders need to learn a lot from Forex Trader if they want to succ
My point is not to trade in the markets you see is not transparent and not protected by law.
In a nutshell, if the Crypto brothers want to trade successfully, (1) trade only the top coin, since it is harder to trade, (2) study more technical analysis, and learn from forex traders year, because they have good ptkt platform, suitable for speculation.
In a nutshell, if the Crypto brothers want to trade successfully, (1) trade only the top coin, since it is harder to trade, (2) study more technical analysis, and learn from forex traders year, because they have good ptkt platform, suitable for speculation.
Forex trading with crypto trading is similar, the different is about one way transactions with two ways transaction ( open position ). Forex is very old and has legal law, until now many company and countries use it for balancing their asset. Of course every new trading will use forex trading concept. Learn, practice and disciplines is the key.
I think all the basic of trading is the same, its about chart, price action and indicators, but the difference between crypto and forex trading is the factor that caused the price to move, in forex the price is very sensitive to news, political or economic news even rumours can caused the price to move, while in crypto the market the price is based on the supply and demand and the forex market cant be manipulated