Cryptocurrency trading for beginners should be easy. It does not have to be made complicated with multiple indicators and complicated rules to follow. The way I have learnt to trade is straightforward and uses a checklist to make sure certain conditions are met.
Today I will go through all the basics you need to know to set yourself up for success. Stuff like charts, indicators, setting up accounts, exchanges everything you will need to know, and the best part is you can start for free. I am not here to tell you that I am some Guru with a Holy Grail Trading Strategy, and if you invest $250, you will make $20K a day.
What I will show you is how you can start your journey as a Crypto trader today. Try before you buy, all the basics are in a free course, and if you decide you like the material and want to “Become a Master” trader, you can purchase the strategies that I use to create Wealth with Crypto.
Where Do I Start
I don’t know about you, but I want to learn from the best that I can whenever I learn something new. I seek out someone with experience that has done what I want to do because experience does matter. Imagine you are learning to drive a car. Would you rather learn from someone who has just gotten a license or from a top race car driver?
Learning from someone with experience that is successful is the fastest way to success in the markets. That someone is Crag Cobb. Craig is the founder of Trader Cobb and has 16 years of full-time experience in the markets. Craig exclusively trades Crypto now and teaches the exact strategies that he trades successfully.
So, where do you start cryptocurrency trading for beginners? The Free “Become A Trader” course is the best option.
The course starts at the very beginning with the basics & Lingo. Then it moves into types of trader to work out what sort of a trader you are. It then goes on to setting up your charts, identifying trends and using basic indicators. All this is delivered in a video series on short lessons. The end of the free course covers setting up all your trading accounts etc…
There are 3.5 hrs of video lessons in the free Become A Trader course. This will set you up with all the basics to learn the 3 strategies that Trader Cobb teaches when you do the “Become a Master“ course.
More than Just a Strategy
Trader Cobb does much more than sells a strategy. They are the complete package and provide support as well. At Trader Cobb, you will learn how to construct your Trading Plan and manage your risk, critical for success. There are also a lot of free tools and resources available.
Trader Cobb also has subscriptions services available. It is a pre-requisite that you do the course before you can access the subscription services. There are a few service levels available, from access to a like-minded community of traders right up to one on one access with Craig.
They also have mentorship & apprentice programs. Trader Cobb has everything you need to be a success at creating Wealth with Crypto. To read a full review on Trader Cobb and find out everything they have to offer, use this link ===> Trader Cobb Review – Is it worth your coin?
Managing Your Risk
As soon as you mention crypto trading, people say, “Ohh, that is too risky” or “No way is too volatile”. Yes, it is volatile, but that makes for excellent trading. Once you learn to manage your risk, it is not what I consider risky at all. I only ever risk 1 % of my trading bank on a single trade, so I would need to make 100 bad trades in a row to blow up my trading bank.
Managing your risk is critical to be successful. At Trader Cobb, you will learn how to do this. All of your risks will be defined in your Trading Plan, which you will also learn about from Trader Cobb. No, the Trading Strategies are NOT your Trading Plan, but rather, your strategies form a small part of your Trading Plan.
You will soon learn that you will ALWAYS use a stop loss with Trader Cobb strategies. There is also a trade calculator so you can calculate the correct amount to buy or sell, so you are only ever risking 1% with your stop loss. 1% is then the maximum amount that you can ever lose on that one trade.
The Checklist Approach – Emotions?
Emotions, what have they got to do with trading, you ask? Your Trading Psychology will play a massive part in your success. If you let your emotions control your trading decisions, I guarantee you will fail. You need to learn to Trade what you See, NOT what you Think.
Cryptocurrency Trading for beginners should be easy, and it is with the Checklist Approach that Trader Cobb uses. You will learn to trade with a checklist of conditions that MUST be met before you consider taking a trade. This way, it is Black or White. There is NO Grey. It either meets the conditions, or it does not, simple.
This way of trading with a checklist keeps your emotions in check. Like I have said, if you let emotions like Frear & Greed come into your trading, it will affect your decision making, and you will make bad decisions. The checklist takes this element out of trading and makes it a 100% mechanical process. Tick all the boxes then you have a valid trade to take. If it does NOT tick all the boxes, there is NO trade to take.
Putting it All Together
Despite what you think a good strategy is only a small part of a winning formula, it takes much more. You can learn everything at Trader Cobb, and the best part is you can start for free and learn at your own pace. The way the Trader Cobb course is put together is in short video lessons, and each one builds on the next until you have the complete strategy.
The best part about using Trader Cobb is that you have the community’s full support as well. If you ever need help with anything, you have to reach out, and you will get the help you need. You are not alone in this journey. You can watch market scans from Craig every day if you wish.
Cryptocurrency Trading for Beginners should not be complicated or hard to learn. It can be lucrative if done the right way. Just don’t fall for the scams out there, and DO NOT trust your money in anyone else’s hands. With the help of Trader Cobb, if you put in the required effort, you can “Become a Master” crypto trader, no doubt because Experience does Matter.
and remember, Be the Best you can Be
! DISCLAIMER: I am not a financial advisor. This is not financial advice. The content and material I provide on 2dsirecrypto.com is my opinion only and general in nature. Always do your own research before investing any money. You should always understand the risks involved in trading and investing and seek advice from licensed professionals before undertaking any investments of your own.