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Trading basics baby steps

Here we go…

First:

Note to yourself: Trading is a very own field of work. You have to learn and improve as much as in every other job, too.
To begin, understand the structure of the chart.

http://www.ask-cryptoleen.com/wp-content/uploads/2018/07/howtochart.png

Go on www.tradingview.com and search for your favourite cryptocurrency pair and get started!

Try to get an eye for the chart movement, what does it mean when a candle is green/ red, big or small?
How fast can price action change, how much volume prints which candle etc… Play with the charts. Get used to them.

Always wait for a “Candle Close” to say it is a green or red candle. (Candle Close = the moment the candle is closed and the next candle begins, always depends on the time frame you are looking at. 1Hour means every hour prints a candle, 15 minutes, each 15 minutes will print a candle and so on…)

Always keep in mind, trading is based on probabilities, especially in the cryptocurrency world – you have to be very careful when trading.

Next step will be to draw the first lines, use the first indicators and let the show begin.

Love, cryptoleen.


For more: Visit ask-cryptoleen.com

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