What a good crypto trading guide should teach you so you become an expert in short time:





  • Basic Knowledge about Trading
  • Chart Analysis Quickstart
  • Crypto Specific Trading Strategies
  • Risk Management Explained
  • Common Trading Mistakes Described
  • Tips on How to Become good asap
  • Advice Regarding Trading Platforms
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Why An Excellent Crypto Trading Beginner’s Guide Should Cover Those Topics:

Basic Knowledge About Crypto Trading

The financial opportunities revealed by Bitcoin and other cryptocurrencies are incredible, that’s for sure. So it’s more than understandable that you want a slice of the pie!

A good guide should start by teaching you the general rules of trading:

As a crypto trading beginner, you should start with understanding the underlying mechanics of financial markets in general and the rules of profitable trading before you know the driving forces of crypto markets and before you are ready to get into the trading details. You should learn that there are some particularities in which those new volatile trading assets differ from the traditional stocks or forex markets.

For traders, it’s essential to know who is trading in the markets and if and how those other traders can cause a visible impact on the price direction. Like sportsmen or poker gamblers who should better know their opponents or comrades, crypto traders should have a rough idea of who they are on the field.

A sound crypto trading beginners pdf eBook should also help you to define your goals – most newbies don’t even know what such goals could be and why they are so crucial regarding their trades.


Chart Analysis Quickstart

The following field you need to explore is technical chart analysis which delivers buy and sell signals. No trader can really make a sound trading decision without checking the trading signals provided by price charts. Traders can only make reasonable trading decisions based on chart signals rather than on plain intuition or based on nothing, as is the case in gambling.

A practical cryptocurrency trading guide for beginners should give its readers a range of tools they can use to find trading signals, everything pictorially and simply explained.

Crypto Trading Strategies

As soon as you have learned to use a set of chart analysis tools and indicators, you are ready for the next level of a pro trader’s education:

Understanding specific trading strategies will show you how to “have a plan”.

Once a trader knows his strategy, the previously learned technical chart analysis will help him find buy and sell areas in the specific market environment.

A trader who takes his job seriously should know different strategies for different market situations to be flexible when finding tradable charts.

However, many pro traders have a preferred strategy they like to use the most because specialisation usually leads to a higher degree of mastery than doing too many things. But once their system doesn’t work anymore, traders should be able to quickly shift to another one.

So your crypto trading guide should include a whole range of crypto trading strategies.

This is precisely what the website of cryptotradingbook.com offers – an easy to read cryptocurrency trading guide for beginners explaining a range of professional crypto trading strategies.


Risk Management Strategies

Risk management – knowing how to protect your trading capital from more considerable losses – is an elementary part of every trade.

As a crypto trading beginner, you should learn to protect your capital from more considerable losses while maximising your capital's chances to grow fast. Some risk management strategies can be used in trades. The most fundamental risk management measure is the stop-loss order, but there are some more exciting strategies traders should know and be able to use.

So a top cryptocurrency trading pdf guide should teach you easy but effective risk management measures.



Advice Regarding Trading Platforms

You need to know where to do it when knowing what to do.

Brokers are very different regarding their features. Choosing the right trading platforms in advance is helpful, so you won’t need to change your broker again once you find out that essential elements aren’t supported.

The needs of traders regarding broker features can differ fundamentally: Some need brokers where they won’t be asked for an ID verification, while others just want to know where to get the highest USD withdrawal limits, to mention two such claims. Most brokers are unique regarding their mix of features, so most are not really substitutes but instead target different users.

Your beginner's guide should help you with your broker choice.

Tips About Practicing and Documenting

Traders should always keep a trading journal, and a good cryptocurrency trading guide for beginners should help you with that. A crypto trading journal is critical because it always shows your latest performances at a glance. Trading journals make traders learn faster and more efficiently.

The Biggest Trading Mistakes To Avoid

A helpful crypto trading guide for dummies should help you learn from other people’s mistakes before making them yourself!

Before learning how profitable trading works, you should understand why most newbies lose too much money over time. Although the basic principle of making money in trading sounds pretty simple – buy low and sell high – most traders manage to do the exact opposite, often ending up with high losses.

The Best Security Measures

All successful trading would be useless if your coins would get lost.

Your cryptocurrency trading guide should not fail to educate readers sufficiently regarding data protection. You should learn the best protection measures and really take this topic seriously.


The more crypto grows, the more people will try to steal other people’s wealth.

Conclusion – The Best Full Cryptocurrency Trading Guide for Beginners:

The best crypto trading eBook for beginners currently available online explains all those topics and many more essentials and valuable insights in about 150 easy to read pages.

There’s likely no other way to get that much well-selected knowledge in such a short time. The great thing about the cryptocurrency trading guide for beginners pdf eBook is the highly efficient concept of the compilation of knowledge:

Beginners should not waste time learning stuff they don’t need right away.

So the guide teaches the essential crypto trading knowledge you ought to know, with the most critical expert tips you need in that field while skipping extra knowledge you can still learn later in your trading career.

Of course, the practical part, the trading itself, has to be executed wisely based on the techniques described in this guide.

 


Please note: This post is not financial advice and should not be treated. The reader’s trading decisions are only up to them. This post doesn’t replace a personal financial advisor.

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