Post
Topic
Board Trading Discussion
Re: What is the difference between crypto trading and traditional stock trading
by
South Park
on 13/01/2024, 20:43:59 UTC
I'm a newbie in trading. I read books by John Schwager, Alexander Elder, John Bollinger about technical analysis and psychology in trading and I began to doubt that all this was suitable for the modern cryptocurrency market. How is crypto trading similar to stock and Forex trading? What are its similarities and differences?
I would like to thank everyone in advance for their replies, I appreciate it! Wink Wink Wink
Can you tell us why exactly you are doubting that the principles described on those books do not apply to the market of cryptocurrencies? I do not remember ever reading a trading book from Schwager, but I have read books from Elder and Bollinger and they are quite good, so in my opinion anyone that were to follow their advice to the letter and grew as a trader with them will do well in any market, so do not give up just yet as you seem to be on the right track.