How to Trade on CryptoGuru: A Step-by-Step Beginner Walkthrough

The best thing about learning to trade on CryptoGuru is that your first mistakes are free. You will make them — everyone buys the top and panic-sells the bottom at least once — and doing it here, with virtual money, is exactly the point. This guide walks the full loop of a trade and, just as importantly, the thinking that should sit behind each step.

One honest caveat up front: a simulator teaches the mechanics of trading brilliantly and the emotions of trading barely at all. Losing fake money doesn’t sting, so discipline is the one thing you’ll still have to learn for real. We’ll flag where the gap matters.

Two order types cover almost everything you’ll do as a beginner:

A beginner’s rule of thumb: use limit orders to enter with discipline, and always pair a position with a stop-loss to exit before a small loss becomes a big one.

To exit, open the position in your portfolio and tap Sell (or Close). Your unrealised profit or loss becomes realised — it’s locked into your balance. If your stop-loss or take-profit triggered automatically, the app already did this for you.

After each trade, do the thing almost no beginner does: review it. Did you follow your plan? Did you move your stop out of fear? Did you close too early? The simulator is a free lab for spotting your own bad instincts before they cost real money.

Open any chart in CryptoGuru and you’ll see those little red and green bars. They’re called candlesticks, and they intimidate beginners far more than they should. Here’s the whole idea in plain terms.

Each candle covers a slice of time (a minute, an hour, a day). It tells you four numbers: where price opened, where it closed, and the high and low in between. The fat part (the “body”) spans open-to-close; the thin lines (“wicks”) reach to the high and low. Green (or white) usually means it closed higher than it opened; red means lower.

• Long green body — buyers were firmly in control that period.
• Long red body — sellers dominated.
• Long wick on top — price pushed up but got rejected back down.
• Long wick on bottom — price dropped but buyers stepped in.

That’s genuinely most of it. The simulator is the ideal place to build this literacy: pull up a chart, guess what the next candle “feels” like it’ll do, place a tiny practice trade, and see. You’ll be wrong plenty — for free — and that’s exactly how the patterns start to make intuitive sense.

The five mistakes every beginner makes (do them here, for free)

1. Going all-in on one trade. Fine in a game; catastrophic with real money. Practise sizing small.
2. Trading with no stop-loss. The fastest way to turn a small mistake into a big one.
3. Revenge trading. Losing, then immediately doubling down to “win it back.” Notice the urge now, while it’s cheap.
4. Chasing green candles. Buying only because something is already flying up — usually right before it drops.
5. Moving your stop “just this once.” The moment discipline dies. If you catch yourself doing it in the sim, you’ll recognise it for real.