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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 Micha
by daleholborow 9y ago
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.
- noobly 9y agoWhy not?
- jason_slack 9y agoI 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.
- noobly 9y agoI've heard this before, but it still seems a fun hobby, especially in domains that may be less exploited like crypto.
- jason_slack 9y agoIt's totally fun :-)
- sjg007 9y agoWell crypto is not regulated so be prepared to be fleeced.
- noobly 9y agoThere’s potential for it, of course. There’s also potential for massive upsides.
- jason_slack 9y agoThis is so true. I have some friends that are going after the crytpo market and they are indeed losing every penny.