Post
Topic
Board Beginners & Help
Re: I am a General Newbie.
by
Mpamaegbu
on 11/02/2023, 09:27:26 UTC
As a newbie, I've been left with a confusing situation many times, sometimes due to the Trading Terminologies, Abbreviations and so on. With the spirit of being a man in me I come up with these plea, that my brothers and sisters here should help me carry along with the trading system so as I can as well grow like you.
If the terminologies used confuse you, don't break your head over it. Search the words used and you will get the meaning of what posters are trying to portray. To grow in this field, research and intense reading are required.

There is no much term to learn about, just register on one exchange like Binance, Kucoin or any other ones with trading guide and start reading their trading guides. They have video tutorials too which can make learning about spot, future and other trading types easier.

You will have to learn more about indicators from external articles

Read more on risk management, very important.
I get your point. However, trading is more of practical realities than theory (reading). This is simply why most people who can teach trading suck at making profit trading. Emotion is the bane of trading. It takes a heart of steel to not close one's trades in loss when price is heading to SL. Most times, price won't even get to the SL before it reverts but emotion gets in the way while one watches it move and then closes it prematurely. Trading isn't a simple business. It takes a lot to succeed at it.