Crypto trading path for beginners, in ten steps

This is a free crypto trading course for beginners, in ten steps, built as one decision method for perpetual futures. Each step ends in something you produce, and the next step uses it. The last step edits the first, so the path is a loop. It teaches process, never which coin to buy, and a justified pass counts as a finished decision.

Work in order the first time. The charter fixes what the cycle may touch, the fact sheet and the risk budget fix what a position may cost, the charts and maps say where an idea is wrong, and the shortlist says which coins earn a plan. The plan, the ticket and the log then carry out the trade and check it. If you already hold an output, start at the chapter that uses it and test it against the table at the top of that chapter.

Chapter You produce The next chapter uses it to
1. Trading mindset A one-page charter: markets, timeframes, risk ceiling, pass rule Pick the contract whose liquidation distance, fees and funding you read
2. Futures basics A dated fact sheet for one perpetual Turn its costs and liquidation distance into a sizing formula and a risk budget
3. Risk and position sizing A risk budget sheet: planned loss, ceilings, caps, pause trigger, sizing formula Leave the stop distance for a chart to fill, and set up the chart
4. Charting tools A saved chart template and a dated watchlist Draw each coin's levels on the template's two charts
5. Market structure and Fibonacci A level map per coin: trend, bands, invalidation closes Label each coin and list the setups the label allows
6. Trading market conditions A condition label per coin, with its eligible setups or a pass Start the shortlist from the labelled list
7. Finding coins to trade A shortlist of up to five coins and a pass list, each with a reason Give each shortlisted coin a plan
8. Entries, stops and exits A written if-then plan per coin Copy one plan onto an exchange form
9. Placing orders A completed order ticket and checklist for one plan Fill the plan fields of a row in the log
10. Review and practice A decision log and a one-page process revision Write version 2 of the chapter 1 charter, which the next cycle starts from

Three sections sit behind the path. The setups are nine patterns, each written risk first. The concepts explain one tool or term each. The rules checklist puts the seven steps of the decision cycle on one page you can tick off. Start with the charter, and finish with a log and a second version of it.

In this section

  1. Crypto trading mindset for beginnersA crypto trading mindset for beginners: choose your exposure before you trade, learn the seven-step decision cycle and write a one-page charter and pass rule.
  2. Crypto futures basics for beginnersCrypto futures basics for beginners: read one perpetual's margin mode, liquidation distance, fees and funding, then fill a dated contract fact sheet.
  3. Crypto risk management for beginnersCrypto risk management for beginners: size each trade from its stop, count correlated positions as one, cap total open loss and fill a risk budget sheet.
  4. Crypto charting tools for beginnersCrypto charting tools for beginners: fix your timeframes, scale and indicator settings before any idea, then export a watchlist cut to your charter's coins.
  5. Learn market structure and Fibonacci in cryptoLearn market structure and Fibonacci for crypto: mark each coin's trend, support and resistance bands and invalidation points. Fibonacci and waves are optional.
  6. How to trade different crypto market conditionsHow to trade different crypto market conditions: label each coin advance, decline, range or unclear, flag high volatility and list the setups that label allows.
  7. How to find crypto coins to tradeHow to find crypto coins to trade: start from your labelled list, check volatility, volume and funding, then write a shortlist of up to five with reasons.
  8. How to plan entries, stops and exits in cryptoHow to plan entries, stops and exits in crypto futures: write the trigger, put the stop order beyond the invalidation, size it, set exits and reasons to pass.
  9. How to place crypto futures ordersHow to place crypto futures orders: copy your plan onto the form, set reduce-only exits, step through the book for slippage and read the liquidation estimate.
  10. How to review crypto trades and improve your processHow to review crypto trades and improve a trading process: log every decision, match each question to the size of the record, and revise your charter.