Yeah well that is the issue.
Most people will not just give away their strategies as it would generate more competitors.
I tried to convice some people to teach me in return of a % of my profits, but nobody seemed interested.
Can you still suggest a book or site to start with? I feel just by playing demo accounts, you do not really get a deep understanding.
Also i would love to know what your stance is on bots that automatically trade for you. Are they any good and if so which ones?
Thanks so much for answering :)
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My favorite trading book is Rule the Freakin' Markets by Michael Parness... I don't use any of his strategies but he really has the right attitude about trading and he grows a fairly small account into a huge account. His method involves trading a lot of blue chip stocks, earning plays and news type trades. All of that is good trading but you can expend a lot of time making very little if you don't think in percentages.. That's one of the biggest lessons for a new trader, or perhaps one of the reasons so many traders fail.. you have to find markets to trade where your swings are in big percentages.. 30-50% swings or even more.. it leaves a lot of room for error and still end up in a good profit.. ill make an entire new post on this subject, and a video .. this is why cryptoland is so awesome, right now, the swings are huge..
as far as bots are concerned: I wanna make my own trading decisions. I have tried automated trading with currency in the Forex market a few years back. I even hired s programmer to help me code a strategy, but it wasn't making near what I could make on my own. So I dropped the project.
I just ordered that book. Expect me to get back to you once i read through.
thanks for taking the time to answer in that much detail!
check out trevon james on youtube, he has some trading videos, also tone vays' channel, and i want to say the coinigy guys have videos too but dont quote me on that one. There are quite a few people to watch there. Most of them are on steemit anyway. Dont do what they do, just see what they do if/how it works, and if not then you know what not to do. there is a lot to learn from others. even if they're mistakes!