Post
Topic
Board Trading Discussion
Re: Would like to start trading. Looking for tips!!!!
by
jrrsparkles
on 26/02/2019, 13:00:13 UTC
Hello everyone!
I am relatively new to the crypto, but I am willing to explore and learn!
I would like to ask for some general advices on how to learn the trading process of crypto and how to get started! Would appreciate all the replies!

First of all find a proper broker or exchange for trading because it means a lot.
In general the process of trading is almost similar

Start a demo account just to see how technical aspect is done
Then learn what stop loss and take profit means and decide whether you should use it or not
After learning the basic features of operating the trading account you should search for several resources where you can get analysis for the pairs you prefer to trade.

Then start following analyses on a demo account - you should understand how it will affect your real account.


Doing trade with broker is not advisable for a beginner,they can do demo trading or just go to an exchange like binance and start trading with very low amount like $50 or $100 or the amount which is affordable to that person,stop loss are also comlicted thing which makes trading to be difficult so just buy and sell in short term period and day trading definitely not to start with.