One of the reasons I created this website was to help people start from the very beginning.  Learning the  basics are essential.  You should start with some of the steps I've outlined, read a few books on the subject, get to know the movement of certain stocks or coins.  I have put a link to resources that you should find helpful.

Nothing can go up forever.  Often people buy at the top because they have a fear of missing out (FOMO).   I have done that and always regret it on the pullback.  You will end up holding a bag and starting your position in the red.  Always plan your entry and exit and if you miss a great run, oh well.  Wait for the next one. 

Practice makes perfect.  Everyone should practice via paper trading BEFORE investing real money.  I can't tell you how much money I've lost by jumping into positions without having any idea why.  When you paper trade, you are not risking any money but gaining all of the knowledge. It's better to lose fake money than real money.  An additional note, only paper trade with the amount you have to spend.  Anyone can get into a paper trading account and spend a million dollars and make a fortune...on paper.  But if you don't have a million dollars to trade with in your real account, you aren't being realistic.

I think comparing yourself to another trader can be counterproductive.  No two traders are alike.  My risk tolerance may be different than yours.  My trading style may be different than yours.  While it's great to learn from others, don't expect to be exactly like someone else.

I think one of the most important thing is finding an indicator/indicators that work for you.  Entries and exits are SO important and you can do that by using indicators.  There are hundreds to choose from and everyone has their own preference.  Play with various ones until you find your favorite.

I believe as traders, we are our own worst enemy.  The temptation to stay in a trade longer than we should can be a constant battle.  Small consistent gains every day are better than trying for a home run every trade.  Have a goal set and follow it.  If you stay in trades too long and get greedy, you will definitely blow up your account.  Cut your losses fast

The trading world is full of people who claim they know what's going to happen next in the market   While we can have our charts in order and have a plan, one news story can change everything.  There are also NUMEROUS trading groups out there who will charge you hundreds of dollars, if not thousands, promising you huge returns.  Be careful.  Follow reputable people who have a proven track record.  If trading were that easy, everyone would be a millionaire.  There is no substitute for research, hard work, and education.

To become successful at anything, you must put study time in. Trading is no exception.  Companies are constantly changing.  You must keep up on daily news and events.  Education never stops and if you want to become a great trader, you MUST set aside time every day to study.

There are hundreds of stocks and coins running every day.  You cannot be an expert at all of them.  Get to know a few tickers well..and play them consistently.  BTC moves differently than LTC.  Facebook moves differently than Amazon.  Become an expert at one or two tickers and trade them regularly.  If you try and play every ticker, you will end up overtrading and lose money.