If by trading, you mean high-frequency, then don't. I encourage you to instead study investing. But if you must learn trading (don't), then Ernie Chan and Michael Halls-Moore's book (s) might be a good place to start.
I think because it is hard to beat the HFT systems that are already co-located at exchanges. Second, it takes at a minimum $25,000 and probably $50,000 realistically to even get started trading. Most places wont let you jump in the ring without it. Third, the OP should be prepared to lose all their money and be ok with that.
Comments
If by trading, you mean high-frequency, then don't. I encourage you to instead study investing. But if you must learn trading (don't), then Ernie Chan and Michael Halls-Moore's book (s) might be a good place to start.
Why not?
I think because it is hard to beat the HFT systems that are already co-located at exchanges. Second, it takes at a minimum $25,000 and probably $50,000 realistically to even get started trading. Most places wont let you jump in the ring without it. Third, the OP should be prepared to lose all their money and be ok with that.
I've heard this before, but it still seems a fun hobby, especially in domains that may be less exploited like crypto.
It's totally fun :-)
Well crypto is not regulated so be prepared to be fleeced.
This is so true. I have some friends that are going after the crytpo market and they are indeed losing every penny.
There’s potential for it, of course. There’s also potential for massive upsides.