Crypto Trading

Learn the basics of trading cryptocurrencies with the Crypto trading content avaliable below.

If you’re looking for something more advanced, you should check out the Technical Analysis course instead.

Key points on Crypto Trading

  • Crypto trading is the process of buying and selling cryptocurrencies.
  • Traders may buy and sell to speculate on price changes.
  • Some traders might be selling cryptocurrency they’ve been paid in.
  • There is a risk that you will lose all of your money.

Crypto Trading overview

Lets go over all the crypto trading content available on True Miller.

Basic theory

These articles will arm you with base fundamentals you’ll need to get into crypto trading.

  1. Cryptocurrency Exchanges 101
  2. Cryptocurrency pairs 101
    The markets are usually displayed as ‘cryptocurrency pairs’, e.g. BTC/ETH (Bitcoin and Ethereum), let’s learn what they are and how they work.
  3. Crypto chart reading 101
  4. Spot trading 101
    The most basic type of market. Spot markets are where you purchase real cryptocurrencies.
  5. Margin trading 101
    Similar to spot trading but leveraged. You use funds as collateral to borrow larger amounts for your trade.
  6. Futures trading 101
    The riskiest type of market, reserved for the bravest of traders. Futures markets are where you can trade high-leverage cryptocurrency contracts.

Exchange practical

Once you’ve learned what cryptocurrency exchanges are, it’s time to create an account. I’ll hold your hand through the process step by step.

  1. Creating an account
    If you’re going to trade cryptocurrencies you’ll need an account an exchange, we’ll get you setup step-by-step so you can continue with the rest of the course.
  2. Find your wallet(s)
    Cryptocurrency exchanges will hold you wallets for you. They’re easy enough to use, but do you know how to find your wallets?
  3. Depositing funds
    If you’re going to trade cryptocurrency, you’ll need funds. Go through these steps to deposit funds to your cryptocurrency exchange account.
  4. Withdraw funds
    At some point you’ll want to withdraw your money from your exchange. This is how you withdraw your money.
  5. Finding the price charts
    You could trade completely blind, but that probably not wise. Lets find where the price charts are!
  6. How to read a price chart
    We’ll explore the basics of reading price charts.
  7. Using the order form
    The order form will allow you to place orders on the exchange. This is how you will execute your trades moving forward.
  8. Executing your first trade
    Buckle up, we’re going in. Provided you’ve made an account, and you deposited some funds, we’ll execute our first trade together, woohoo!

Trading styles

  • Day trading crypto 101
    Crypto day traders make many trades per day. They don’t tend to keep crypto trades open overnight.
  • Swing trading crypto 101
    Crypto swing traders place trades that last a few days or more. Many even maintain full-time jobs while swing trading.
  • Scalping crypto 101
    Scalpers place very short term trades, often getting in and out in a few minutes. They are day traders, but the trade much more. Not all day traders are scalpers though.

Once you’ve read all of the above, you should check out the Technical analysis section, to start building a trading strategy, and also to pull information from charting and price action.

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