how to start trading crypto? Or are you looking for how to find a trading strategy? We are happy to help you. In this article we will discuss how to find the best trading currency, How do I create a trading strategy, How do I improve my trading strategy, How do candle sticks work? Thanks to our information you will know after reading this article how you can earn money with trading and how to make a trading plan. People can escape the matrix by trading. But its hard. We are help you 24/7.
At the end of this page you can also participate in a giveaway.
What is trading?
What is trading? In short, trading is buying and selling a stock or a cryptocurrency in a short period of time. This way you earn money. Trading is an easy way to make money. If you can do it you can make a lot of money with it. But it also has risks. What is the risk of trading? You can make money. But also lose. But to earn money it is wise to look up some information about trading. We are happy to help you learn how to trade.
You can always contact us with all your questions. Trading is different from investing. to invert you hold an esset. And when trading only briefly. Sometimes for just 10 minutes. You can earn a lot of money trading. To help you we have listed important trading matters. Also learn about leverage. what is leverage trading? You can bet more money than you have.
Keep a trading order diary.
If you are going to trade and want to get better, you can use an order journal. It contains the data of the trade. You bet here, the stop loss, your take profit, your PnL, your profit or loss, what you thought of the transaction and other data that you find important. It's no fun keeping up with it. But if you've done a lot of trades, you can easily see what could be done better. An order journal is important. Trading is hard in the matrix. This is one of the best tools out there. That is why we recommend that you fill in the diary for every trade. You can easily create an order diary in a text file or in Excel
how do I create a trading strategy?
Creating a trading strategy is easy. When you start trading you already make a strategy. There are many ways you can trade. So it is important to improve it. If you keep trading and keep an order diary, you can easily see which points you need to improve. This way you can also see what is going well. This way it is easy to learn how to do it yourself.
You can also look at other experienced traders and then see how they place their trades, why they take the trade, why their take profit is there and why their stop loss is there. If you keep trading, your strategy will get better and better. Why do I lose a lot with trading? That's because it's new. If you keep learning from yourself, you'll get better. And you quickly recover your profits.
How do candlesticks work?
Candle sticks are vertical bars that can be seen in a trading chart. A trading chart is a screen where the price development of what you are trading. Here you can sign and make a trading analysis.
Here you can see candle sticks. A candle stick and red or green. When the price falls, it is red. And green on an increase. A candle stick shows the price development in a certain time. A candle stick can therefore be 1 minute. But it could also be a year. the size of the candles can be adjusted to what suits you best. Here you can see a candle stick and how it works. The highest point of the candle stick is the highest price point. And the cheapest price point of the candle stick is at the very bottom. The opening of the candle is the thick bar. If the open is higher than the close, the price has fallen and the entire candle stick turns red. If the candle stick has closed higher than the opening, it has risen and the candle turns completely green. With this data you can easily see how the market has moved in the candle. It is important for traders to understand the sticks. Understanding the candlesticks.
How do I know where the prize is going?
How do I know when the price is rising? How do I know when the price drops? How do I buy at the best point as a trader? That is all important to know to make money in trading. In this paragraph we tell you everything about how to trade.
If you have a trading program you can make an analysis. We recommend trading view. in the chart you can see that the price moves in waves. If you put vertical lines on the price points where the price goes in a different direction in one go. Call it support or resistant. See the image below how. This is how to matrix works in trading.
in the beginning there is a good chance that you will lose a lot. You only learn from experience of trading.
So start with a small amount. And try out some things. That's how you learn how it works. In the long run you will make a profit if you practice for a long time. trading is easy. If you know how it all works.How does trading work? You can see that in the pictures next to it.
We also recommend trading with levradge. For that you have to be able to trade first. With levradge you can earn more. But beware you can also lose more. Therefore, make sure that you also do this with a low amount. Finding a good exchange is also important. We recommend bybit. This is because the costs are low, Bybit is reliable, has a lot of possibilities with levradge and it is ideally equipped for traders. If you create an account through us, the first 1000 euros trading costs are free! You also have a monthly chance of winning 1500 euros in bitcoin if you register through us.
Find the best exchange and win 1500$
And have a chance to win other great prizes!