Crypto Trading Education: Introductory post
As you can guess from the title of this post, I finnaly decided to start my cryptocurrency trading education series. I believe educating people about this topic is essential because, after all, someones money is at stake. Also, I feel this is even more important in this bear market we are in today. This will serve as an introductory post to the series where you guys can get a feel for what we will be covering.
I plan to split this series in two bigger parts which are made of many smaller ones:
The psychological aspect of cryptoccurency trading
The psychological aspect is, if you ask me, the more important one and I will be covering that in great detail. It will consist of subjects such as: FOMO( Fear of missing out), FUD(Fear, uncertainty and doubt), letting your winners ride, cutting your losers short, risk management, over-trading, market mass psychology etc.
The technical aspect of cryptocurrency trading
The technical aspect will of course involve chart patterns, price action trading, trend lines, support and resistance, flags, cups and handles, you get the picture..
In short, the technical side of trading you hear talked about often.
Now, you must understand, these two( the psychological and technical aspect ) are in deep correlation with each other and are meant to be discussed and taught in that manner. I will often shift focus from one topic to the other so as to give the reader a more complete picture about what trading is really about and what it takes to be successful.
I believe this will be a great educational series and a great way to get knowledgable before a bull market begins so that you can reap the profit. If you have any suggestion whatsoever, please leave a comment and tell me. Also, if you like what I am doing an upvote and a resteem would mean a lot.
DISCLAIMER
Everything that I provide on this blog is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. I do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.
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Much appreciated !
I sue learnt a thing or two , it's really educative even though it's in few words . Well done . Am looking forward to seeing your next post
Good luck with your series of posts. It is a very popular topic indeed so sure it will be of great demand.
That was informative... Thanks for the post @ludji...