Post
Topic
Board Trading Discussion
Re: I think its time to start my crypto trading lessons
by
savetheFORUM
on 20/06/2022, 15:51:02 UTC
How do one gets to know when he or she is ready to go into or learn trading?
Is it because you've go much time or your experienced on the basics and now wis to go pro or perhaps something else?

I dont know whag motivates you at this time but, trading is a highly professionalised field and I must say, I have traded fir a while but know very little still. Its something that is easier said than done so, be ready to encounter loses on the way and know that, its part of the learning phase. More importantly, try practicing with the demo trades as nothing teaches you more than a first hand experience and this won't be you trading with your real money as well.

Having to trade virtual demo money doesn't mean you go carefree on your analysis or about your picking of an entry and exit point, you have to build a sense of attachment to the money your given and try to minimise loses while building your account as well. This would be some of the practical skills that would aid you when you go live!
I think it is like a hobby thing at first? Doesn't mean that you can't make a profit from it nor means you should not aim at profit when starting out, you could do both of that and still see it as a hobby.

Like my wife, she likes to paint glass, which is a weird thing because I didn't even know glass could be painted, but she made some and sold some, made like 100 bucks a year ago of course and it is not a "business", but turns out she paid all of her new gadgets to grow it all herself, of course she stopped doing it all together lol, but you can consider crypto trading like that, learn, have fun, and make a profit while having fun doing it at the same time. This would motive everyone.