As a beginner, I was exploring coinbase pro, and I noticed that when I look at the LTC market for example, when I click on the coinbase pro button to look at that market, or any market, my web browser fills my screen with a candle graph and a tone of other information.
My goal is to be able to look at that webpage and be able understand/navigate the whole thing. But there has to be a class on it. And so far I've found online beginners classes spread around the internet and as I'm exploring which one to take I'm making this post to ask you guys:
What online class should I take so that I can comprehend what I'm looking at when viewing this webpage? As of right now, it's all greek to me. I understand the graphs just fine on coinbase, but coinbase pro is useless to me because I don't understand any of it.
Here's the webpage I'm talking about:
https://pro.coinbase.com/trade/LTC-USDAlso, I consider this part of the question, but I've heard mentions in forums/google that in these more complicated types of exchanges that you can actually program your account on there to automatically sell all of your crypto and/or trade it all for another crypto if the value reaches a certain level, that way I won't have to watch the market like a hawk 24/7. How does one learn how to do that?
It's actually crypto trading that you are deciding to enter into. Candlestick reading & Technical Analysis is just like any other profession you need to study it, learn it, practice it to get good at it, and obviously, it takes time. Moreover just because it has helped some people make money it's not necessary that you'll make money. Ideally, only 3-4% of traders actually make money in the market rest just more or less lose or don't gain anything substantial. I would suggest you to pick any good beginner course on Udemy about technical analysis. I remember I took Technical Analysis MasterClass Course it was from an Indian Teacher. You can choose any other based on reviews and explore whether you like this profession or not. If you feel you are made for it and can do good in it I recommend you buy an expert level course immediately and start reading trading books and start paper trading too. But if you think you are not made for markets, it's better to either just HODL or stay away altogether.