What tips and tricks can we talk about if trading is a pure attempt to try your luck, like in a lottery (sorry, traders, but this is how I see it). If you guess correctly, you will make a profit, if you don't guess, then you will not. What kind of knowledge can be here? For me, it's easier to guess on coffee grounds or believe in astrology than trading.
It is fairly easy does not need a coin toss or astrology. You buy when the price of an asset has hit low and you sell when the price hits a high. In between you have to patiently hold. Do these three things correctly and you will profit from the difference.
The problems that come in are
1. Lack of patience to hold. Sometimes this period may be years before you see the profit.
2. When the prices keep dropping or rising. In this case buy/sell at different levels as the price goes down/up.
It would be foolish to think of this as a coin flip, you would devastate your possible assets on hold if you trade based on 50-50 chances.