Category: 13.Beginner’s Guide to Crypto Trading

In the previous lessons, you learned the different steps of how to build a crypto trading strategy as a discretionary trader. You learned: Let’s take all these separate pieces and see how they work as a whole. I’m going to put it all together with a simple example of a crypto trade using our fictional cryptocurrency from…

Let’s review what you’ve learned so far from previous lessons about creating a crypto trading strategy. You learned: The last required task for our discretionary trading process is keeping a trade journal.  What is a crypto trading journal? A trading journal is a log that you use to record your trades. It tracks your trading performance…

In previous lessons from this “Beginner’s Guide to Trading Crypto“, you’ve learned how to use fundamental analysis to generate trade ideas, then you learned how to use technical analysis and price action to find a potential entry price for a trade. There’s one more step needed before opening an actual position and exposing your capital to risk…

In the previous lesson, I discussed how to use fundamental analysis to understand specific cryptocurrencies you’re interested in, develop a directional bias (“bullish” or “bearish”), and then determine if any look like potential trade ideas (go “long” or “short”). Once you’ve got your directional bias based on fundamental analysis, it’s now time to determine potential entry prices (“entries”) for your trade, as well as exit prices (“exits”)…

As mentioned in an earlier lesson, one of the key trading principles is to “Know the market you’re trading.” And knowing the market you’re trading in requires fundamental analysis (FA). Fundamental analysis is especially important in the crypto market because crypto and blockchain technology is still nascent. Not keeping up with what’s going on in the crypto…

For those brand new to trading, I’ll share a simple process for building a trading strategy that includes how to analyze the market, generate trade ideas, and make low-risk directional bets (” trades”) using the principles you just learned in the previous lesson. This is NOT to be taken strictly as THE process to use, but more of as…

If you’re new to crypto, in order to get off on the right foot as you start your trading journey, it’s important to learn and internalize some important trading principles. There are probably a gazillion principles and “rules” to know for successful trading, each with its own nuances, but since this is a lesson for…

Are you ready to begin your journey into the art of trading crypto? The world of crypto trading is massive in terms of what to learn and how to actually trade. It’s a great example of the famous saying, “There are a million ways to skin a cat.” Obviously, I’m not really a fan of…